Vedanta has acquired Nicomet, a leading nickel and cobalt producer which is based in Goa. The acquisition is in line with Vedanta's ESG mission and is a big step towards supporting India's carbon neutrality goals. With this acquisition, Vedanta has become the country's sole producer of nickel.
Wipro has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity.
Shree Cement is planning to set up Rs 1500 crore a Greenfield Cement plant at Guntur district in Andhra Pradesh (AP). The company has cement manufacturing and allied sectors plants in nine states and it will be setting up its first plant in Andhra Pradesh and the plan is prepared to complete the project in 24 months.
KPI Global Infrastructure has received order for executing solar power project of 2.50 MW dc capacity from Vineet Polyfab, Surat under 'Captive Power Producer (CPP)' segment of the Company. Earlier, the company has received orders for executing solar power project of 2.78 MWdc capacity from Parag Syntex and Shivram Dyeing & Printing Mill under CPP Segment of the company.
Kalpataru Power Transmission (KPTL) and Techno Electric & Engineering Company (TEECL), a joint venture partner in KMTL, have successfully completed transfer of 49% stake (23% by KPTL and 26% by TEECL) in Kohima?Mariani Transmission (KMTL) to Apraava Energy (formerly known as CLP India). The remaining stake in KMTL will be transferred by KPTL in accordance with the terms of the Transmission Service Agreement (TSA).
Strides Pharma Science’s biotech division -- Stelis Biopharma (Stelis) has commissioned its large-scale fully integrated vaccine manufacturing facility at Bengaluru, India. The facility was successfully inspected by the Central Drugs Standard Control Organization (CDSCO). Stelis has also received an initial Export No Objection Certificate (NOC) from CDSCO to export up to 50 million doses of the Sputnik Light vaccine.
Jubilant Ingrevia has raised Rs 100 crore through Commercial Papers (‘CPs’) on December 17, 2021. Date of maturity of said Commercial Papers will be February 1, 2022. Tenure of the instrument is for 46 days. The company has issued Commercial Papers at 3.85% per annum. The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs 150 crore.
| Company Name | CMP |
|---|---|
| Hindalco | 634.40 |
| Vedanta | 414.35 |
| Hindustan Zinc | 571.75 |
| Gravita India | 905.95 |
| Ram Ratna Wires | 388.50 |
| 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.
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