GMM Pfaudler through its wholly owned subsidiary GMM Pfaudler US Inc., has entered into an agreement on September 14, 2023, to acquire 100% share capital of Professional Mixing Equipment Inc. (MixPro). A total consideration of $ 7 million will be paid to acquire MixPro and the transaction will be funded through internal accruals and is expected to close by October 2023.
Sona BLW Precision Forgings has received approval for an investment of $1.6 million (in equivalent Mexican Pesos) in one or more tranches in the form of share capital in ‘Sona BLW Edrive Mexicana, S.A.P.I. DE C.V.’ a wholly owned subsidiary of the Company in Mexico.
The Board of Directors of KSE in their meeting held on September 14, 2023, have approved the decision to take a Unit on Lease in Madurai to produce cattle feed on job contract basis to meet the demand in Tamil Nadu region.
Shoppers Stop shall w.e.f. September 15, 2023, commence operations from its new Intune Store at Irrum Manzil Hyderabad, situated at Intune Next Premia Mall, Unit Number L1-07,7A,7B, Adj. to Irrum Manzil Metro Station, Survey No. TS.3/1, Ward No. 85, Block-E, Irrum Manzil, Khairtabad, Hyderabad 500082.
Strides Pharma Science’s step down wholly owned subsidiary -- Strides Pharma Global Pte., Singapore, has received tentative approval for Dolutegravir 50mg tablets from the United States Food & Drug Administration (USFDA).
Raminfo has acquired 19% of equity shares of Kisan Drones consisting of 1,900 equity shares at fair value of Rs 10 each aggregating to an amount of Rs 19,000 by way of subscribing to the Memorandum of such Company and the said transaction was completed on September 14, 2023.
PI Industries has signed a strategic alliance with Koppert to foster advancements in sustainable agriculture practices and jointly innovate in the domain of Agriculture Biologicals. As the global agricultural community grapples with the challenges of climate change, dwindling resources and increasing food demand, the urgency to pivot towards eco-friendly and sustainable crop & soil protection solutions becomes paramount. Both partners believe that by leveraging collective expertise, resources and shared vision, they can introduce cutting-edge solutions that safeguard crops, nurture the soil, and promote sustainable solutions within the agriculture sector in India.
| Company Name | CMP |
|---|---|
| BHEL | 294.50 |
| Bharat Electronics | 237.90 |
| Thermax | 4961.50 |
| Kirloskar Oil Eng | 1201.85 |
| Praj Industries | 517.90 |
| 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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