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Nitin Fire

about 20 years ago

Price Band : Rs. - to Rs. -
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Textile stocks jump back up

about 5 months ago

Arvind Industries led the move, rising as much as 6.4% to a fresh 52-week high of Rs. 502.25 on the NSE. Broader participation was visible with Vardhman Textiles up about 6%, Nitin Spinners up 5.5%, Himatsingka Seide up 5% and Gokaldas Exports up 4%, while KPR Mill, Kitex Garments and Pearl Global were up 2%

PLEDGED SHARES PUMMEL MARKET AGAIN

about 14 years ago

Take a look at the stocks which figure out in the big losers of the day - Tulip Tele, Era Infra, Goldyne Tech, Parsvnath Devlopers, Radico Khaitan, Pipavav Defence, SRS, Nitin Fire, Pradip Overseas. And all these stocks have one thing in common - promoters have pledged large chunks of their stake.

UCO BANK - BOLD , WELCOME STEP OF 'NAMING AND SHAMING'

about 14 years ago

Call is sadistic pleasure or whatever; it was heartening to see one bank finally having the guts to take on the might of the big moneyed guys. UCO Bank is setting a trend. It issued an advertisement in the newspapers, with a picture of Nitin Kasliwal, CMD of S Kumars Nationwide Ltd (SKNL),

Trident closer to its high

about 11 years ago

Punjab based Trident Ltd, one of the largest yarn spinners in India, also one of the world’s largest terry towel manufacturers and the world’s largest wheat straw based paper manufacturer, is very much buzzing loud and strong today. The stock hit an intra day high at Rs.33.75 whi ...

INDIAN AUTO SECTOR – AT THE CUSP OF A MAJOR SHIFT

about 9 years ago

“We should move towards alternative fuel... And I am not going to ask you; I will bulldoze them (vehicles running on conventional fuel). For pollution and imports, my thoughts are crystal clear.” This is what Union Road Transport and Highway Minister Nitin Gadkari said. This sounds so right but somehow, based on our past records, one cannot help but wonder if this is too ambitious a thought.

HERE NOW; GONE IN A MINUTE!

about 8 years ago

Today, when we read the news of another fraudster, Nitin Sandesara being detained in Dubai for his Rs.5000 crore scam, we cannot help but wonder how many more such worms are going to creep out of the rotten wood? Sometimes, we think it’s a big surprise that the banks are even able to function !

FINALLY, WE WILL KNOW THE NAMES OF DEFAULTERS!

about 11 years ago

In May 2013, UCO Bank hit the headlines when it issued an advertisement in the newspapers, with a picture of Nitin Kasliwal, CMD of S Kumars Nationwide Ltd (SKNL), who is the guarantor of a Rs 110.07-crore loan taken by Reid & Taylor. The company had defaulted on its Rs.110 crore debt and UCO Bank

Q4FY12 - MARKET WAITS FOR THE TRIGGER

about 15 years ago

But we are now looking at Q4FY12 and FY12. And how does it look? Rating agency CRISIL put out a report and it has given a 'tepid" outlook for Q4FY12. It expects India Inc to show a decline of 200-250 bps in EBITDA margins while it has projected revenue growth at around 15% v/s 25.5% in Q4FY11.

KEJRIWAL - BREAKING THE OMERTA CODE

about 14 years ago

The 'breaking news" expose every week on Wednesday by Kejriwal is somehow becoming a non-issue. Yesterday's expose on the links between India's corporate world and the political leadership, casting aspersions on Reliance Industries, did not really raise any eyebrows.

CAN THE PM- INDIA INC MEET IMPROVE INDIA'S RANKING?

about 11 years ago

The PM is holding a high-power meet today, literally high power. He wants to know what ails the crashing stock market, what happens due to Chinese meltdown, if US Fed hikes rate and basically all that which ails India Inc. Virtually the who's who of Indian corporate world is there - if you have made it in this list, you have made it in life! The meeting is at the PM's residence and in attendance are 6 ministers

LIC - PERSONAL PIGGY BANK OF GOVT?

about 11 years ago

Life Insurance Corporation (LIC) is one of the best managed organisations of India. Consistently profit making, it has proven time and again that it has probably got the investment acumen than all the FIIs and all investment analysts put together. Yet, there is now a worry creeping up slowly. Looking at the way in which LIC is now being made to pick up the tab everywhere, be it the railway or roads, and not to mention its stake in PSU banks, one cannot help wonder if LIC will soon be forced to go the Air India or HMT way. It is probably

RS.3 PEN TIED IN BANKS WHILE SCAMSTERS EMPTY THE COFFERS!

about 9 years ago

The horses have run out of the stable and the door is now being closed. That’s how one feels on reading that 36 scamsters have already fled the country and we are left sifting through the muck, working relentlessly on extradition while the tax payers money gets wasted, time and again. While RBI and finance ministry continue with their blame game, we can only watch helplessly as banks get heisted.

VICTORY FOR MISTRY – WHAT NEXT?

about 7 years ago

Cyrus Mistry most certainly must be having the last laugh, feeling thoroughly vindicated. Mistry did not fight to win back his positions; he fought against the unceremonious manner in which the Tata group fired him, like some low level employee.

CASINOS –A GAMBLE FOR ALL

about 7 years ago

Talk to any local and they all say that tourism is good but they now want the “good” kind not the boozing and casino going kind as they feel this image of Goa is tearing at the very fabric of the state’s culture. There has been a growing voice against the casinos and for years and years, be it the Congress or the BJP, they all have promised relocation of the casinos

Sanathan Textiles

about 2 years ago

Attractive Pricing for Increasing Capacity
Subscription Start Date :19 Dec 2024 End Date :23 Dec 2024
Issue Size : Rs. 550 cr, Issue Type : Fresh cum OFS
Price Band : Rs.305 to Rs. 321
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Overall Subscription : 35.12x
QIB : 75.62x,HNI :42.21x,Retail :8.93x
Listing Date : 27 Dec 2024, , Listing Price : 419

S Kumars Nationwide in the green

about 13 years ago

Since the 28th of March, S Kumars Nationwide has been consistently breaching the upper circuit, every single day. Today also it hit the upper ceiling at Rs.4.52. This sudden spike up of interest on the counter can be explained by the company’s statement which came in yesterday after ma ...

Ujjivan hits a new low

about 5 years ago

The stock which had closed at Rs.24.25, opened lower today at Rs.23.25 and went on to hit a new 52-week low at Rs.22.35, where it currently trades.

THE FUTURE IS ELECTRIC

about 9 years ago

Finally reality check seems to have dawned – from the ambitious target of making all, 100% vehicles electric, yesterday, policy was thankfully revised. The target for electric vehicles (EV) on Indian roads is now 30% by 2030. This is actually good news because with 100% target, we were doomed for failure anyway. But with a 30% target, at least we can meet part of it and that itself will be a beginning.