Fibre2Fashion
Toggle navigation 26
Pic: Indorama Ventures Indo Rama Synthetics (India) Limited (IRSL), a subsidiary of global petrochemical producer Indorama Ventures Public Company Limited (IVL), will spend up to ₹6 billion ($82 million) upgrading equipment and adding capacity at its manufacturing site in Nagpur, India. IVL operates all three of its business segments – Combined PET, Fibers, and IOD – in India.
The capital expenditure plan includes a new PET resin manufacturing facility, additional balancing equipment, and a large range of specialty yarns, further strengthening IRSL’s ability to serve clients across the country, the Thailand-headquartered IVL said in a press release.
IVL has continually developed its PET resin business in India since 2016 through IVL Dhunseri Petrochem Industries Private Limited (IDPIPL), a joint venture with Dhunseri Ventures Limited.
Here are the top stocks to track in today s session:
Earnings Today: Havells India, Zee Entertainment Enterprises, HPCL and Torrent Power are among 32 firms slated to post ther quarterly numbers today.
Fertiliser stocks: Shares of fertiliser companies will be in focus today after the central government announced an increase in the subsidy for di-ammonium phosphate fertiliser to Rs 1,200 per bag from Rs 500 per bag. Price of fertilisers is increasing amid higher prices of raw inputs like phosphoric acid and ammonia, among others.
Axis Bank: The Rs 4,000-crore share sale in Axis Bank was subscribed more than two times on Wednesday. The 52.27-million-share offer for sale (OFS) saw bids for nearly 135 million shares from non-retail investors. The OFS would open for retail investors today.
Shriram EPC Ltd, IMP Powers Ltd, Premier Polyfilm Ltd and Indo Rama Synthetics (India) Ltd are among the other losers in the BSE s B group today, 20 May 2021.
Shriram EPC Ltd, IMP Powers Ltd, Premier Polyfilm Ltd and Indo Rama Synthetics (India) Ltd are among the other losers in the BSE s B group today, 20 May 2021.
TD Power Systems Ltd tumbled 10.33% to Rs 197.4 at 14:34 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 16450 shares were traded on the counter so far as against the average daily volumes of 12421 shares in the past one month.
Shriram EPC Ltd crashed 9.86% to Rs 5.12. The stock was the second biggest loser in B group.On the BSE, 5.86 lakh shares were traded on the counter so far as against the average daily volumes of 1.97 lakh shares in the past one month.
Indo Rama Synthetics (India) Ltd, Rane (Madras) Ltd, Umang Dairies Ltd and Tasty Dairy Specialities Ltd are among the other gainers in the BSE s B group today, 17 May 2021.
Indo Rama Synthetics (India) Ltd, Rane (Madras) Ltd, Umang Dairies Ltd and Tasty Dairy Specialities Ltd are among the other gainers in the BSE s B group today, 17 May 2021.
Ebixcash World Money India Ltd soared 20.00% to Rs 645.4 at 12:04 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 36198 shares were traded on the counter so far as against the average daily volumes of 854 shares in the past one month.
India lauds Indonesia for assistance in tackling COVID-19 spike 2 hours ago
Screenshot - Indian Ambassador to Indonesia Manoj Kumar Bharti in a press conference related to the dispatch of COVID-19 assistance for India at the Soekarno-Hatta Airport, attended by Indonesian Foreign Minister Retno Marsudi.(ANTARA/Aria Cindyara)
I want to express my gratitude to the Indonesian government for its timely assistance in (our) long struggle against the pandemic. Jakarta (ANTARA) - India has applauded Indonesia for its aid extended to tackle the spike in the number of COVID-19 cases during the second wave of the infection. I want to express my gratitude to the Indonesian government for its timely assistance in (our) long struggle against the pandemic, Indian Ambassador to Indonesia Manoj Kumar Bharti remarked during a press conference on Wednesday.