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24-May-2019   14:47 Hrs IST ICRA zooms on getting NCLT's nod to merge two wholly owned subsidiaries <p align="justify">ICRA is currently trading at Rs. 2960.00, up by 68.00 points or 2.35% from its previous closing of Rs. 2892.00 on the BSE.</p><p align="justify">The scrip opened at Rs. 2890.00 and has touched a high and low of Rs. 2960.00 and Rs. 2890.00 respectively.</p><p align="justify">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 4000.00 on 09-Aug-2018 and a 52 week low of Rs. 2833.00 on 06-Mar-2019.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 3040.00 and Rs. 2880.00 respectively. The current market cap of the company is Rs. 2789.21 crore.</p><p align="justify">The promoters holding in the company stood at 51.87%, while Institutions and Non-Institutions held 37.70% and 10.44% respectively.</p><p align="justify">ICRA has received approval from National Company Law Tribunal (NCLT), New Delhi, for scheme of amalgamation filed by ICRA Management Consulting Services. The said scheme of amalgamation will be effective upon sanctioning of the scheme filed by the ICRA Online by the NCLT, Kolkata.</p><p align="justify">Earlier, the company had proposed merger of two wholly-owned subsidiaries, ICRA Online, engaged in outsourcing and information services, and ICRA Management Consulting Services, which is involved in consulting services.</p><p align="justify">ICRA is an independent and professional investment Information and credit rating agency. The company operates through four segments - Rating, research and other services; Consulting services; Outsourced and Information services, and Professional and IT Services.<br></p>
24-May-2019   14:34 Hrs IST Southern Petrochemical jumps on reporting over 2-fold jump in Q4 net profit <p align="justify">Southern Petrochemical Industries Corporation is currently trading at Rs. 25.30, up by 1.80 points or 7.66% from its previous closing of Rs. 23.50 on the BSE.</p><p align="justify">The scrip opened at Rs. 24.90 and has touched a high and low of Rs. 25.80 and Rs. 24.20 respectively. So far 50281 shares were traded on the counter.</p><p align="justify">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.00 on 24-Aug-2018 and a 52 week low of Rs. 21.70 on 14-May-2019.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 25.80 and Rs. 22.75 respectively. The current market cap of the company is Rs. 514.19 crore.</p><p align="justify">The promoters holding in the company stood at 48.44%, while Institutions and Non-Institutions held 3.08% and 48.48% respectively.</p><p align="justify">Southern Petrochemical Industries Corporation has reported over 2-fold jump in its net profit at Rs 16.49 crore for the quarter ended March 31, 2019 as compared to Rs 6.79 crore for the same quarter in the previous year. Total income of the company increased by 19.13% at Rs 475.36 crore for Q4FY19 as compared Rs 399.01 crore for the corresponding quarter previous year. </p><p align="justify">For the year ended March 31, 2019, the company has reported a rise of 43.27% in its net profit at Rs 53.34 crore as compared to Rs 37.23 crore for the previous year. Total income of the company increased by 30.71% at Rs 2,613.42 crore for year under review as compared to Rs 1,999.38 crore for year ended March 31, 2018.</p><p align="justify">For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 38.71% in its net profit at Rs 62.99 crore as compared to Rs 45.41 crore for the previous year. Total income of the company increased by 30.71% at Rs 2,613.42 crore for year under review as compared to Rs 1,999.38 crore for year ended March 31, 2018.<br></p>
24-May-2019   14:09 Hrs IST Karur Vysya Bank trades in green on the BSE
24-May-2019   13:00 Hrs IST Bank of Baroda shines as its net loss narrows to Rs 991 crore in Q4
24-May-2019   12:54 Hrs IST Bharti Airtel zooms on the BSE
24-May-2019   12:39 Hrs IST SVP Global Ventures trades higher on the bourses
24-May-2019   12:20 Hrs IST SBI moves up on the buzz of signing MoU with NABARD
24-May-2019   12:05 Hrs IST Coal India rises on the buzz of its arm commissioning new wharf-wall
24-May-2019   11:51 Hrs IST Dwarikesh Sugar Industries shines on selling 31.77 lakh quintals of sugar in FY19
24-May-2019   11:33 Hrs IST ITI strengthens on the bourses

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