NBCC (India) in focus after large order win

NBCC (India) has received the contract from Ecotourism Development Corporation of Uttarakhand, Dehradun for Construction of Kotdwar-Ramnagar Kandi Road under Green Infrastructure/Green Road Project amounting Rs 2000 crore (approx.) as project management consultant. The announcement was made on Saturday, 6 January 2018.

Somany Ceramics said that the company has issued commercial paper of Rs 35 crore value on 5 January 2018 having maturity on 15 March 2018. The issuance of commercial papers is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing. The announcement was made on Saturday, 6 January 2018.

PVR announced the opening of 12 screens multiplex at Vega City, Bannerghatta Main Road in Bengaluru on 5 January 2018. This multiplex is equipped with 4K projection system, next-generaition 3D-enabled screens and 7.1 Digital Dolby surround sound in all auditoriums. With this launch, PVR now operates the largest multiplex network with 612 screens at 132 properties in 51 cities. The announcement was made on Saturday, 6 January 2018.

Goa Carbon reported net profit of Rs 22.50 crore in Q3 December 2017 as compared to net loss of Rs 0.93 crore in Q3 December 2016. Net sales rose 159.6% to Rs 186.60 crore in Q3 December 2017 over Q3 December 2016. The result was announced on Saturday, 6 January 2018.

Seamec said that the company has entered into a contract for charter hire of vessel 'SEAMEC III' with IGOPL Offshore for undertaking a job in Mumbai High Offshore. The charter is for firm period of 100 days with option for extension. The contract will commence around 10 January 2017. The value of charter during firm period is $2.4 million. The announcement was made after market hours on Friday, 5 January 2018.

Powered by Capital Market - Live News