LIVE MARKET TRACKER :   BSE SENSEX   26787.23      |    NSE NIFTY 7995.90    
GLOBAL MARKETS :  NASDAQ 4382.847   -0.83%    |    FSI London 6399.73   +0.43%    |    NIKKEI Japan 15093.12   -0.68%
  USD GBP EUR CAD AUD INR
USD - 0.6232 0.7912 1.1259 1.1425 61.23
GBP 1.6047 - 1.2697 1.8068 1.8334 98.2582
EUR 1.2643 0.788 - 1.4235 1.4444 77.4131
CAD 0.8882 0.5536 0.7028 - 1.0148 54.3856
AUD 0.8756 0.5457 0.6928 0.9859 - 53.6124
INR 0.0163 0.0102 0.0129 0.0184 0.0187 -
Indian-Commodity  :  Equity & Shares  :  Apollo Tyres surges on plan to set up coal-based thermal power plant in Tamil Nadu

Apollo Tyres surges on plan to set up coal-based thermal power plant in Tamil Nadu (04-Dec-2012)

Apollo Tyres is currently trading at Rs. 84.65, up by 0.65 points or 0.77% from its previous closing of Rs. 84.00 on the BSE.

The scrip opened at Rs. 84.10 and has touched a high and low of Rs. 84.95 and Rs. 83.90 respectively. So far 1, 92,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.45 on 14-Sep-2012 and a 52 week low of Rs. 53.00 on 09-Dec-2011.

Last one week high and low of the scrip stood at Rs. 85.20 and Rs. 83.20 respectively. The current market cap of the company is Rs. 4,266 crore.

The promoters holding in the company stood at 43.37% while Institutions and Non-Institutions held 33.53% and 23.10% respectively.

Apollo Tyres has decided to establish a 2 x 7.5 megawatt coal-based thermal power plant in its Oragadam facility near Chennai in Tamil Nadu. Through this plant company will become self sufficient for its power requirements for critical equipments.

The company has an installed capacity to produce 550 tonnes of passenger vehicles and truck-bus radial tyres per day at this facility. The proposed coal-based Cogen plant will improve the overall efficiency and will reduce the pollution resulting from a separate power generation and process steam generation.


Top News Today
RIL, Lupin and NMDC to see some action today
(22-Oct-2014)

RIL, Lupin and NMDC to see some action todayReliance Industries' (RIL) telecom arm - Reliance Jio Infocomm is merging its two subsidiaries, Infotel Telecom and Rancore Technologies, with itself. The move is aimed at bringing all its telecom related......click on news to read complete article.

ONGC, Hero MotoCorp and SAIL to see some action today
(21-Oct-2014)

ONGC, Hero MotoCorp and SAIL to see some action todayThe Government plans to offload a portion of its stake in ONGC by the first week of November. The move is expected to speed up the Government's disinvestment programme, which has been hanging fire for......click on news to read complete article.

RBI governor hopes the economy to grow by 5.5% this year
(17-Oct-2014)

RBI governor hopes the economy to grow by 5.5% this yearReserve Bank of India (RBI) governor Raghuram Rajan has expressed hopes on the Indian growth story and has said that the country is seeing a pick-up in economic growth and more can be done to support it......click on news to read complete article.

International Stock News
US markets close higher; S&P rallies for fourth day
(22-Oct-2014)

US markets close higher; S&P rallies for fourth dayThe US markets closed higher on Tuesday, delivering another day of gains for major indexes on the heels of upbeat quarterly results from tech giant Apple and talk of economic stimulus in Europe. By far......click on news to read complete article.

US markets close higher on optimism over corporate earnings
(21-Oct-2014)

US markets close higher on optimism over corporate earningsThe US markets closed higher on Monday, with equity investors beginning the week on positive note, as optimism over corporate earnings spurred a rebound from last week's selloff. That's two straight positive......click on news to read complete article.

US markets closed higher; Dow snaps 6-day losing streak
(18-Oct-2014)

US markets closed higher; Dow snaps 6-day losing streakThe US markets closed higher on Friday, with Dow snapping 6-day losing streak, as earnings beat estimates, consumer confidence reached a seven-year high and investors speculated that central banks will......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.