18/08/2015

SENSEX ended down -189.04 points at 27878.27 and the 50-share NIFTY ended

down -41.25 points at 8477.30

The sentiment was hurt by weakness seen in select blue chip stocks, a lacklustre

Parliament session and the absence of any major positive earnings.

NIFTY 8518.55

8530.50

8530.60

8428.05 8477.30 -0.48%

NIFTY JUNIOR 21250.80 21310.95 21404.75 21017.65 21364.50 0.54%

LIX 15 3455.00

3471.25 3494.55 3435.00

3481.55 0.77%

MIDCAP 50 3418.20

343060.

60

3458.45 3393.65 3442.10 0.70%

CNX Bank 18728.10

18175.40

18763.05 18896.45

18580.65 18822.05 0.53%

CNX Finance 7630.65 7633.45 7671.60 7546.85 7610.75

-0.26%

CNX IT 12048.45

12057.65

12058.05

11920.25

12001.75

-0.39%

CNX Pharma 13137.25

13200.45 13200.45 12959.70

13089.55 -0.36%

NIKKEI 225 20600.16

20668.87 20541.00 20620.26 0.49%

HANG SENG 23945.60

20668.87 20541.00

23814.65 -0.74%

TAIWAN 8307.90 8308.54 8213.42 8213.42 -1.12%

SSE 3947.84 3994.54 3907.40 3994.37 0.73%

Birla Corp to acquire two cement units of Lafarge India

Birla Corporation said in a BSE filing said "it has agreed to a transaction with Lafarge India Private

Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall acquire both the

Jojobera and Sonadih cement businesses (Acquisition business) from Lafarge India for an Enterprise

Value of Rs 5,000 crore".

"Acquisition business has a cement capacity of 5.15 million tonnes per annum,"

On August 17, 2015, Birla Corporation closed at Rs 540.25, up Rs 87.30, or 19.27 percent. The 52-

week high of the share was Rs 614.85 and the 52-week low was Rs 385.20.

The company's trailing 12-month (TTM) EPS was at Rs 11.36 per share as per the quarter ended

June 2015. The stock's price-to-earnings (P/E) ratio was 47.56. The latest book value of the

company is Rs 339.83 per share. At current value, the price-to-book value of the company is 1.59.

Shriram AMC gets shareholder nod to raise Rs 10 crore

The asset management company (AMC) is part of the Rs 90,000 crore financial conglomerate

Shriram Group. Shriram Credit Company is the sponsor of Shriram AMC and holds 68.67

percent stake in the entity.

"Shareholders of Shriram AMC at their annual general meeting held recently authorised the

board to issue further capital of Rs 10 crore by way of private placement (of redeemable non-

convertible preference shares)," the company said in a statement. Noting that AMC business

is of strategic importance to the group, Shriram AMC marketing and sales head D

Ramanathan said the firm "would launch differentiated products that would complement

investor's portfolio".

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