Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
STL Global has received shareholder’s consent by way of postal ballot with requisite majority to allow the use of land as per the collaboration agreement between RPS Infrastructure and STL Global for development of company's land situated at 12/6, Mile Stone, Mathura Road, Sarai Khawaja, Faridabad Haryana as an IT Park.
Further, the company has also received shareholder’s consent to sell, lease or otherwise dispose of the whole or substantially whole of the undertakings of the Unit No. 2 of the company situated at plot no. 4, Sector - 6, Faridabad, Haryana. The company had already received the board approval for the above at its meeting held on April 27, 2011 pursuant to which it was looking for shareholders consent.
Earlier during March this year, STL Global’s corporate debt restructuring (CDR) cell had approved the restructuring package to the company vide LOA dated February 24, 2011. The company had fully stopped the operations of the “Woven Process House” division of the company situated at Plot No.4, Sector-6, Faridabad, Haryana, which was operating at only 15-20% of the installed capacity due to non-viability.
STL Global, formerly known as Shivalik Global, is engaged in the manufacturing of various types of processed fabrics and fashion garments. It is placed in the select club of textile export oriented industries in the country. The company undertook the responsibility to manage the composite set up with its existing set up already functional and some important future addition plan to make it the best total vertically integrated plant in the region.
| Company Name | CMP |
|---|---|
| PDS | 423.10 |
| Vardhman Textiles | 462.00 |
| Arvind | 379.35 |
| Welspun Living | 144.20 |
| Alok Inds | 26.79 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
