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Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs

Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs
Posted On:
2021-03-08 04:43:59
(Time Zone: Arizona, USA)
Talbros Automotive Components Limited along with its JV partners has won multi year orders worth ~Rs. 304 crs. These orders are spread across its domestic and international customers. The orders will be implemented over a period of 5 years starting from current fiscal year itself and major chunk of it distributed between 2023-2025.
The order covers company s flagship products gaskets and forgings as well products from JVs Talbros Marugo Rubber Pvt Ltd and Magneti Marelli Talbros Chassis Systems Pvt Ltd.
The company would be required to undertake a capex of approximately Rs. 20 crs which along with existing facilities would be sufficient to execute these orders. ....

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Mold-Tek Packaging Limited Board declares Interim Dividend of Rs. 3

Mold-Tek Packaging Limited Board declares Interim Dividend of Rs. 3
Posted On:
2021-03-08 04:42:36
(Time Zone: Arizona, USA)
The Board of Directors of Mold-Tek Packaging Ltd at its meeting held on March 08, 2021, have declared an Interim Dividend for the financial year 2020-21, @ 60 % i.e., Rs. 3/- per Equity share on face value of Rs. 5/- per share.
The Interim Dividend declared shall be paid on or from March 20, 2021 to April 07, 2021.
Further, the Partly Paid Equity Shareholders of the Company will receive the dividends in proportion to the amount paid up on the Equity Shares.
Shares of Mold-Tek Packaging Limited was last trading in BSE at Rs.420.35 as compared to the previous close of Rs. 409.7. The total number of shares traded during the day was 7113 in over 321 trades. ....

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Daily Market Commentary - March 8, 2021 - Bonanza Portfolio

Daily Market Commentary - March 8, 2021 - Bonanza Portfolio
Posted On:
Mr Vishal Wagh, Research Head
On Monday Indian equity benchmarks made an optimistic start tracking positive global cues. Markets are trading firmly in early deals on account of buying in all the sector indices led by Oil & Gas, PSU and Energy. In the afternoon session, Indian equity benchmarks were trading in fine fettle with Sensex and Nifty crossing 50,420 and 14,950 levels due to buying in PSU, Oil & Gas and utility stocks.
Asian markets were trading mostly in red, even as encouraging economic data from the world s two largest economies as well as the passing of President Joe Biden s $1.9 trillion spending package by the U.S. Senate. ....

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Subex to launch new AI Automation Platform

Subex to launch new AI Automation Platform ....

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