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STEEL CITY NEWS BULLETIN
Steel City Securities net up 68 per cent
City-based stock broking and commodities trading companySteel City Securities Limited (SCSL) posted a 68 per cent growth in net profit at Rs 7.15 crore during 2014-15 as compared with Rs 4.26 crore in the preceding year. Apart from increase in trading turnover, financial activities like pension, insurance and e-governance, contributed to the net profit significantly last fiscal, said Satish Kumar Arya, director (operations).
The company opened 50 branches during 2014-15 fiscal taking its total to 357 across the country. This year, it is planning to add more than 150 branches, including e-governance centres, he said. The company now operates 160 e-governance centres, and gradually plans to convert them as full-fledge trading and financial business hubs.
The company opened 50 branches during 2014-15 fiscal taking its total to 357 across the country. This year, it is planning to add more than 150 branches, including e-governance centres, he said. The company now operates 160 e-governance centres, and gradually plans to convert them as full-fledge trading and financial business hubs.
It also announced a dividend of 28 per cent and distributed Rs 3.5 crore for the year 2014-15 as against 10 per cent dividend in the preceding year.
This year, SCSL is expecting over Rs 10 crore in net profit. Its trading turnover for 2014-stood at Rs 65,182 crore compared with Rs 55,839 crore in 2013-14. It is targeting 20-25 per cent growth in trading turnover this fiscal, he said.
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STEEL CITY SECURITIES UPDATES
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VALASARAVAJJAN 9364296056
PENUGONDA 8985831051
RAMANAKKAPETA 9949474185
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PALAKOL 9247464545
RAILWAY NEW COLONY 8143022239
Insurance Products at a Glance
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Friday, July 31, 2015 2:35:00 PM   
Axis Bank  578.002.13%
 
B H E L  281.30-1.93%
 
Bajaj Auto  2525.800.08%
 
Bharti Airtel  417.450.20%
 
Cipla  712.100.28%
 
Coal India  437.504.12%
 
Dr Reddy's Lab..  4032.003.18%
 
GAIL (India)  354.901.81%
 
H D F C  1341.000.27%
 
HDFC Bank  1108.800.09%
 
Hero Motocorp  2690.053.96%
 
Hind. Unilever  922.200.19%
 
Hindalco Inds.  105.901.15%
 
ICICI Bank  304.004.49%
 
Infosys  1072.000.27%
 
ITC  326.653.44%
 
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Lupin  1692.804.08%
 
M & M  1363.153.52%
 
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NTPC  135.60-0.18%
 
O N G C  275.601.62%
 
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Wipro  564.950.68%
 
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NSE Mem.Id:08061     SEBI Reg.NO:INB 230806132     INF 230806132     INE 230806132     MCX Mem.Id:10545     MCX - SX EQUITY – INB 260806139    INE 260806132    DERIVATIVE – INF 260806139      FMC Reg.No.MCX/TCM/CORP/0679     FMC Reg.No.NCDEX/TCM/CORP/0258      BSE Mem.Id:456 SEBI Reg.No:INB 010806132 INF 011156438       NCDEX Mem.Id:00079       AMFI :17094      NSDL : IN-DP-NSDL-191-2001      CDSL :IN-DP-CDSL-135-2001       SBI LIFE : IRDA CORPORATE AGENT LICENSE NO. 9194652       Religare Health Partner Code - 20005274       Kotak Insurance  Reg. No. - OKM 9877839
Compliance Officer Details Mr. K.Sudhakar Contact no. 09848940251 Email Id :sudhakar.k@steelcitynettrade.com
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