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14-Jun-2019   15:28 Hrs IST Karda Constructions rises on bagging contract for construction project worth Rs 38.84 crore <p align="justify">Karda Constructions is currently trading at Rs. 210.00, up by 4.60 points or 2.24% from its previous closing of Rs. 205.40 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 201.85 and has touched a high and low of Rs. 210.80 and Rs. 201.80 respectively. So far 4191 shares were traded on the counter.<br></p><p align="justify">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.00 on 25-Feb-2019 and a 52 week low of Rs. 124.35 on 26-Oct-2018.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 210.80 and Rs. 199.45 respectively. The current market cap of the company is Rs. 254.86 crore.<br></p><p align="justify">The promoters holding in the company stood at 65.04%, while Institutions and Non-Institutions held 1.13% and 33.83% respectively.<br></p><p align="justify">Karda Constructions has secured contract for construction project worth Rs 38.84 crore. The contract is for construction of 115 Police quarters, head quarter, City Police Station cum S.D.P.O. office for S.P. Buldhana in the state of Maharashtra. It includes all infrastructure amenities from Maharashtra State Police Housing and Welfare Corporation for 24 months.</p><p align="justify">Karda Constructions is primarily in construction of residential projects and recently they have been innovative in their approach to push the affordable housing segment by coming up with schemes such as ‘Capsule Homes'.<br></p>
14-Jun-2019   15:10 Hrs IST Tata Communications surges as its arm divests remaining 26% stake in STT Tai Seng <p align="justify">Tata Communications is currently trading at Rs. 493.65, up by 5.50 points or 1.13% from its previous closing of Rs. 488.15 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 488.00 and has touched a high and low of Rs. 504.80 and Rs. 488.00 respectively. So far 15080 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 626.65 on 02-Apr-2019 and a 52 week low of Rs. 435.95 on 26-Oct-2018.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 526.10 and Rs. 485.00 respectively. The current market cap of the company is Rs. 14064.75 crore.<br></p><p align="justify">The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 20.61% and 4.40% respectively.<br></p><p align="justify">Tata Communications International (TCIPL), a wholly owned subsidiary of Tata Communications in Singapore, has divested its 26% stake in STT Tai Seng, which operates the data centre business in Singapore, to STT APDC, a wholly-owned subsidiary of STT GDC (STT GDC) at an agreed consideration based on fair market value and changing market conditions.</p><p align="justify">This divestment is in line with company's strategy to evolve the business portfolio by focusing on offering digital infrastructure services through the Growth and Innovation Services portfolio, complementing an asset light growth model. Tata Communications continues to maintain 26% stake in the India Data Centre business of STT GDC and the company continues to benefit from the rub off effect on its network services due to this investment.</p><p align="justify">Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.<br></p>
14-Jun-2019   14:49 Hrs IST Smartlink Holdings zooms on the bourses
14-Jun-2019   14:28 Hrs IST Indian Bank gains on the buzz of aiming strong growth in FY20
14-Jun-2019   14:12 Hrs IST Mishra Dhatu Nigam shines on the BSE
14-Jun-2019   13:02 Hrs IST Tata Elxsi trades higher on the BSE
14-Jun-2019   12:50 Hrs IST Wockhardt soars as USFDA complets inspection of its Bioequivalence Centre
14-Jun-2019   12:37 Hrs IST Infosys rises on the bourses
14-Jun-2019   12:21 Hrs IST Blue Star inches up on the BSE
14-Jun-2019   12:01 Hrs IST Union Bank of India trades higher on bourses

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