18/08/2015
SENSEX ended down -189.04 points at 27878.27 and the 50-share NIFTY ended down -41.25 points at 8477.30 The sentiment was hurt by weakness seen in select blue chip stocks, a lacklustre Parliament session and the absence of any major positive earnings.
NIFTY
8518.55
8530.50
8530.60
8428.05
8477.30
-0.48%
NIFTY JUNIOR
21250.80
21310.95
21404.75
21017.65
21364.50
0.54%
LIX 15
3455.00
3471.25
3494.55
3435.00
3481.55
0.77%
MIDCAP 50
3418.20
343060.
3458.45
3393.65
3442.10
0.70%
60
NIKKEI 225
20600.16
20668.87
20541.00
20620.26
0.49%
HANG SENG
23945.60
20668.87
20541.00
23814.65
-0.74%
TAIWAN
8307.90
8308.54
8213.42
8213.42
-1.12%
3947.84
3994.54
3907.40
3994.37
0.73%
SSE
CNX Bank
18728.10
18763.05
18896.45
18580.65
18822.05
0.53%
CNX Finance
18175.40 7630.65
7633.45
7671.60
7546.85
7610.75
-0.26%
CNX IT
12048.45
12057.65
12058.05
11920.25
12001.75
-0.39%
CNX Pharma
13137.25
13200.45
13200.45
12959.70
13089.55
-0.36%
Birla Corp to acquire two cement units of Lafarge India Birla Corporation said in a BSE filing said "it has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall acquire both the Jojobera and Sonadih cement businesses (Acquisition business) from Lafarge India for an Enterprise Value of Rs 5,000 crore". "Acquisition
business
has
a
cement
capacity
of
5.15
million
tonnes
per
annum,"
On August 17, 2015, Birla Corporation closed at Rs 540.25, up Rs 87.30, or 19.27 percent. The 52week high of the share was Rs 614.85 and the 52-week low was Rs 385.20.
The company's trailing 12-month (TTM) EPS was at Rs 11.36 per share as per the quarter ended June 2015. The stock's price-to-earnings (P/E) ratio was 47.56. The latest book value of the company is Rs 339.83 per share. At current value, the price-to-book value of the company is 1.59.
Shriram AMC gets shareholder nod to raise Rs 10 crore The asset management company (AMC) is part of the Rs 90,000 crore financial conglomerate Shriram Group. Shriram Credit Company is the sponsor of Shriram AMC and holds 68.67 percent stake in the entity.
"Shareholders of Shriram AMC at their annual general meeting held recently authorised the board to issue further capital of Rs 10 crore by way of private placement (of redeemable nonconvertible preference shares)," the company said in a statement. Noting that AMC business is of strategic importance to the group, Shriram AMC marketing and sales head D Ramanathan said the firm "would launch differentiated products that would complement investor's portfolio".
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