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NEWS

Bodal Chemicals surges after getting selected as ‘approved system partners’ of bluesign
12 Dec 15:26

Bodal Chemicals is currently trading at Rs. 56.80, up by 1.70 points or 3.09% from its previous closing of Rs. 55.10 on the BSE.The scrip opened at Rs. 55.40 and has touched a high and low of Rs. 58.00 and Rs. 54.50 respectively. So far 18091 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 132.45 on 02-Apr-2019 and a 52 week low of Rs. 52.00 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 63.75 and Rs. 52.00 respectively. The current market cap of the company is Rs. 689.33 crore.The promoters holding in the company stood at 58.26%, while Institutions and Non-Institutions held 11.64% and 30.11% respectively.Bodal Chemicals has been selected and added as a ‘APPROVED SYSTEM PARTNERS’ of bluesign technologies ag, Switzerland, who are responsibly acting and meet high level safety for people as well as environment and system partners are also responsible parties to the textile chain that committed to apply the ‘bluesign SYSTEM’.Bodal Chemicals is an Integrated and Innovative company, offering end-to-end solution to its customers globally. The company is among world’s largest manufacturer and exporter of Dyes Intermediate, Dyestuff and Sulphuric Acid, with vertically and horizontally integrated who provides product solutions and service solution on fastest possible route to their customers.

Bank of India soars on aiming to disburse Rs 10,000 crore incremental loans from outreach programme
12 Dec 15:12

Bank of India is currently trading at Rs. 69.00, up by 1.05 points or 1.55% from its previous closing of Rs. 67.95 on the BSE.The scrip opened at Rs. 68.95 and has touched a high and low of Rs. 69.20 and Rs. 68.15 respectively. So far 115104 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 110.05 on 07-Jan-2019 and a 52 week low of Rs. 57.45 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 71.50 and Rs. 65.90 respectively. The current market cap of the company is Rs. 22676.31 crore.The promoters holding in the company stood at 89.10%, while Institutions and Non-Institutions held 6.34% and 4.57% respectively.Bank of India is aiming to disburse Rs 10,000 crore of incremental loans from its ongoing customer outreach initiative that began on December 02 and ends on December 12. The outreach programme is being conducted in 54 zones, comprising 5,000 branches. Each zone has been given a disbursement target of Rs 200 crore during this initiative.Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.

Tech Mahindra trades in green on securing Rs 500 crore smart city project from PCMC
12 Dec 14:47

Tech Mahindra is currently trading at Rs. 761.20, up by 3.15 points or 0.42% from its previous closing of Rs. 758.05 on the BSE.The scrip opened at Rs. 760.50 and has touched a high and low of Rs. 765.95 and Rs. 757.55 respectively. So far 24600 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 846.00 on 02-May-2019 and a 52 week low of Rs. 607.90 on 31-Jul-2019.Last one week high and low of the scrip stood at Rs. 771.20 and Rs. 737.60 respectively. The current market cap of the company is Rs. 73414.28 crore.The promoters holding in the company stood at 35.88%, while Institutions and Non-Institutions held 52.13% and 11.99% respectively.Tech Mahindra has bagged largest smart city project worth Rs 500 crore from Pimpri Chinchwad Municipal Corporation (PCMC), Asia’s richest municipal corporation. Through this project, the company will engage with more than 15 lakh citizens of PCMC by enabling technology-led transformation to convert it into a smart and sustainable city.The project will be executed in a period of 1 year implementation and the operations and maintenance for 5 years. It has been budgeted under the Prime Minister’s Smart Cities mission. The company would help in enabling real-time data management, alerts, and information processing to support city’s administration.Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.

TCS advances on partnering with Elisa Smart Factory
12 Dec 14:33

Tata Consultancy Services is currently trading at Rs. 2079.45, up by 38.25 points or 1.87% from its previous closing of Rs. 2041.20 on the BSE.The scrip opened at Rs. 2047.00 and has touched a high and low of Rs. 2083.35 and Rs. 2042.25 respectively. So far 90341 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 2296.00 on 03-Sep-2019 and a 52 week low of Rs. 1809.55 on 15-Jan-2019.Last one week high and low of the scrip stood at Rs. 2130.00 and Rs. 2005.00 respectively. The current market cap of the company is Rs. 780496.02 crore.The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.79% and 4.17% respectively.Tata Consultancy Services (TCS) has entered into a new partnership with Elisa Smart Factory, part of the Finnish telecommunications company Elisa, to market and deploy the latter`s industrial IoT (IIoT) and advanced analytics solutions to a wide range of manufacturers across the world.TCS works with some of the leading manufacturers globally, helping them scale up product innovation and pursue their growth and transformation initiatives. It offers a comprehensive suite of services and solutions to help manufacturers build future-ready operations. The partnership with Elisa Smart Factory adds an expanded range of IIoT and smart factory solutions to this portfolio. TCS will customize, deploy and maintain these solutions for its customers, leveraging its deep contextual knowledge of their operations. These bespoke solutions will enable smarter decision-making across the supply chain, optimize product and operating costs, improve quality, and increase uptime, productivity and throughput.Tata Consultancy Services is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

Federal Bank soars on joining hand with Maruti Suzuki to provide dealer loans, retail car financing
12 Dec 14:10

Federal Bank is currently trading at Rs. 85.45, up by 1.30 points or 1.54% from its previous closing of Rs. 84.15 on the BSE.The scrip opened at Rs. 84.50 and has touched a high and low of Rs. 85.70 and Rs. 84.45 respectively. So far 279128 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 110.35 on 03-Jul-2019 and a 52 week low of Rs. 78.40 on 22-Feb-2019.Last one week high and low of the scrip stood at Rs. 87.45 and Rs. 83.05 respectively. The current market cap of the company is Rs. 17032.77 crore.The Institutions holding in the company stood at 70.39%, while Non-Institutions held 29.61%.Federal Bank has teamed up with Maruti Suzuki to provide dealer finance and auto retail finance to customers. The tie-up will offer comprehensive loan access facilities to Maruti dealers as well as customers. Earlier, in August 2019, Maruti had partnered with Federal Bank for dealer inventory funding.Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

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