Sheela Foam set to acquire Spanish firm Interplasp Sheela Foam set to acquire Spanish firm Interplasp DSIJ Intelligence / Friday, July 26, 2019 0 5961 Article rating: 4.5 The Board of Directors of Sheela Foam Ltd. approved the proposal to acquire Interplasp S.L., Spain. The acquisition will pave a way for Sheela Foam Ltd. to venture into Europe, which is the world’s largest polyurethane foam market. Read more
Technical Bits: IRB features as Bollinger Band squeeze pick Technical Bits: IRB features as Bollinger Band squeeze pick Vinayak Gangule / Friday, July 26, 2019 0 601 Article rating: 3.8 IRB Infrastructure Developers was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout. Read more
Q1FY20 Results: Maruti Suzuki net profit dips 27 per cent Q1FY20 Results: Maruti Suzuki net profit dips 27 per cent DSIJ Intelligence / Friday, July 26, 2019 0 1399 Article rating: 2.7 Reflecting the distress faced by the auto industry, leading automaker Maruti Suzuki reported 27.3 per cent YoY dip in its standalone net profit at Rs. 1,435.5 crore in Q1FY20. Read more
Thirumalai Chemicals to set up subsidiary in US, stock surges Thirumalai Chemicals to set up subsidiary in US, stock surges Apurva Joshi / Friday, July 26, 2019 0 4316 Article rating: 3.7 The Board of Directors of Thirumalai Chemicals Limited has approved the proposal to set up a subsidiary for establishing and operating a Food Ingredients Manufacturing facility (including Malic and Fumaric Acid) in the US, with a capacity of 30,000 metric tons per year. Read more
Indoco Remedies spikes 20 per cent on getting EIR Indoco Remedies spikes 20 per cent on getting EIR Amir Shaikh / Friday, July 26, 2019 0 1334 Article rating: 4.0 The inspection on the above-mentioned plant was held from May 27, 2019 to June 4, 2019, where the company had received 4 observations (483s). The company has received EIR in less than two months from the date of inspection. Read more