Nexxoft Infotel wins order worth Rs15.5 crore

Nexxoft Infotel Ltd said it won an order worth Rs15.5 crore from an international hotel chain for providing security solutions.

The company will use its state-of-the-art security solution package for its properties mainly based in the Middle East. The order will be executed in phases over 15 months, it said in a regulatory filing.

On Monday, Nexxoft Infotel shares declined 1.4% to Rs180 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.6% to 19,906 points.

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Octant Interactive wins export orders worth $1.02 million

Octant Interactive Technologies Ltd said it has received export orders worth $1.02 million to supply castor derivatives to Canada, US, Saudi Arabia and Tunisia.

On Monday, Octant Interactive shares ended 1.1% up at Rs12 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.6% to 19,906 points.

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COMMENTS

Om Prakash Sharma

5 years ago

They are expert in making announcements only and do trap peoples at higher price and then there will be heavy crash in share price as usual thereby panicking and forcing peoples to exit by booking losses this happened in past also and will continue happening in future also .

REPLY

Om Praksh Sharma

In Reply to Om Prakash Sharma 5 years ago

The above announcement came around sept when its price was around 12/- after announcement many ppls bought this junk to witness heavy crash in nov-dec.stock already tumbled to 5.73/- many exited by booking losses. Price gone up and now again new announcement came by Dec end and again peoples are trapped at higher level such type of circular trading cycles with the help of announcement do happen on usual basis. These peoples are expert into it. Moreover I can say these peoples have good connection at BSE thereby can manages everything with the help of announcements only. Corrupt BSE and SEBI supports these fraudsters for their own gain at the cost of poor investors.

Sujana Universal to merge EBC Bearings with itself

Sujana Universal Industries Ltd (SUIL) said it will soon initiate the process to merge EBC Bearings Ltd (EBC) with itself.  SUIL bought EBC, which owns a facility in Hyderabad that can manufacture medium and large sized bearings.

Sujana Universal's light engineering components division has capacity to manufacture ball and taper bearings of 300 mm. The acquisition of EBC will enable Sujana Universal to expand the product range up to 700 mm. It will also help to meet the demand for large bearings in India which is presently being met through imports.

On Monday, Sujana Universal shares rose 0.3% to Rs10 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.6% to 19,906 points

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