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Birla Power Solutions has informed that the Board of Directors of the Company at its meeting held on March 14, 2014, has appointed Jignesh Mehta as Independent Director of the Company.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has informed about the Financial Results & a copy of the Limited Review Report for the period ended December 31, 2013.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has submitted a Copy of the Limited Review Report for the period ended September 30, 2013.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has informed that the board of directors of the company at its meeting held on February 13, 2013, has considered and approved the appointment of Laxmi Didwania as company secretary and compliance officer of the company.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.
Birla Power Solutions has informed that the board of directors of the company at its meeting held on November 07, 2012, has considered the resignation of Nadimpally Nagesh from the position of company secretary; Y P Trivedi and Mahinder Singh Arora from being directors of the company.The above information is a part of company's filings submitted to BSE.
Birla Power Solutions has informed about the financial results & a copy of the limited review report for the period ended September 30, 2012.The above information is a part of company's filings submitted to BSE.
Birla Power Solutions is currently trading at Rs. 0.71, up by 0.01 points or 1.43% from its previous closing of Rs. 0.70 on the BSE.The scrip opened at Rs. 0.70 and has touched a high and low of Rs. 0.71 and Rs. 0.69 respectively. So far 63492 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1.95 on 24-Sep-2010 and a 52 week low of Rs. 0.62 on 19-Aug-2011.Last one week high and low of the scrip stood at Rs. 0.71 and Rs. 0.68 respectively. The current market cap of the company is Rs. 149.46 crore.The promoters holding in the company stood at 4.04% while Institutions and Non-Institutions held 0.31% and 64.88% respectively.Credit rating agency, ICRA has assigned ‘SP 4A’ grading to Birla Power Solutions (BPSL), which indicates ‘Weak’ Performance Capability and ‘High’ Financial Strength of the channel partner to undertake off-grid solar projects. The grading is valid for a period of one year from August 05, 2011 after which it will be kept under surveillance.Significant experience in power solutions business; first company to manufacture and market portable generators in India and Comfortable capital structure with gearing of 0.23 times as on March 31, 2011 (based on provisional financials) provides financial flexibility remained the Grading Drivers. Birla Power Solutions is a Yash Birla Group Company established in April1984 in collaboration with globally renowned Yamaha Motor Co. The company is presently producing a wide range of generators catering to the power requirements of 500W to 40KW capable of being run on various feedstocks like kerosene, petrol, diesel, LPG, CNG, and biogas.
Birla Power Solutions is currently trading at Rs 0.71, up by 0.02 points or 2.90% from its previous closing of Rs 0.69 on the BSE.The scrip opened at Rs 0.69 and has touched a high and low of Rs 0.69.The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 2.08 on 12-Aug-2010 and a 52 week low of Rs 0.67 on 09-Aug-2011.Last one week high and low of the scrip stood at Rs 0.72 and Rs 0.67 respectively. The current market cap of the company is Rs 151 crore.The promoters holding in the company stood at 4.04% while Institutions and Non-Institutions held 0.31% and 95.65% respectively. Birla Power Solutions has received an approval for investment of EURO 500 in the share capital of BT Global Investors, a company incorporated in Nicosia being 50% of its paid up share capital pursuant to shareholders agreement. The company has received an approval at its board meeting held on August 11, 2011.Birla Power Solutions is part of the Yash Birla Group. It manufactures generator, inverters/battery, engine, pump set, sprayer, power tiller, lawn mower, etc.
Birla Power Solutions is currently trading at Rs 1.10, up by 0.02 points or 1.85% from its previous closing of Rs 1.08 on the BSE.The scrip opened at Rs 1.08 and has touched a high and low of Rs 1.11 and Rs 1.07 respectively. So far 518876 shares were traded on the counter.The BSE group 'T' stock of face value Rs 1 has touched a 52 week high of Rs 2.64 on 04-May-2010 and a 52 week low of Rs 0.99 on 22-Mar-2011.Last one week high and low of the scrip stood at Rs 1.22 and Rs 1.00 respectively. The current market cap of the company is Rs 228.47 crore.The promoters holding in the company stood at 4.04% while Institutions and Non-Institutions held 0.31% and 62.43% respectively. In a move to part finance its diversification plans, Yash Birla-led Birla Power Solutions is planning to raise up to $100 million in 2011-12 by way of selling up to 15% stake in the company or up to 26% in its subsidiary - Birla Urja - to a private equity (PE) firm, for this the company has already started talking to 3-4 global private equity investors and on finalisation of the deal could even induct a representative of the PE fund on the board of the company Birla Power will also undertake a global depository receipt issue and promoters will infuse funds via warrant conversion to boost the company's equity base. Promoters currently hold 4.04% in the company, apart from this they also hold warrants, which on conversion would raise the holding to around 13%, Meanwhile, the company has planned an investment of 10,000 crore over the next five years to foray into thermal and solar power. For expansion into the power sector, the company will need an equity investment of Rs 2,000 crore, while the balance Rs 8,000 crore would be funded through debt. Presently, the company has a market capitalization of Rs 234 crore.