Larsen & Tubro continues to face resistance at 1720 and has made a triple top in the 1700-1720 range. A close above 1720 can take it upto 1800 levels. …
Stocks in news: Wall Street Fin, L&T, ITI, McNally Bharat
Posted on: September 8th 2009 in Market News.
Oil India IPO subscribed 1.28 times on day 1, QIB portion 2.3 times ((issue closes on September 10)) Wall Street Finance -BK Modi acquires 51% stake in Wall Street Finance -Spice Investment acquires 14.4% stake in via block deal at Rs 55/share -Spice Investment acquires remaining 36.6…
Rs 12,000-14,000 cr orders in next 4-6 weeks: L&T CMD Naik
Posted on: September 2nd 2009 in Stock News.
L&T Chairman and Managing Director A M Naik spoke to ET NOW on L&T’s order book position and the company’s plans for the power & ET_NOW_Logo defence sectors. Here is the transcript of the full interview. You recently mentioned that last one month the company…
Stocks in news: Bharti, Aban, NTPC, Puravankara, HCL Tech
Posted on: August 25th 2009 in Market News.
Here are stocks that are in news today: Results today: HCL Tech FY09 ended June 30 Bharti-MTN deal update: Sources -RoC (Registrar of Companies) to scrutinise proposed GDR (global depositary receipt) issue before final SEBI nod -Alert: Bharti proposes to issue 25% equity through GDRs …
L&T bags Rs 4,000-cr Jaiprakash power plant order
Posted on: August 13th 2009 in Stock News.
New Delhi: Larsen & Toubro Ltd (L&T) on Wednesday signed a Rs 4,000-crore agreement to supply power equipment to Jaiprakash Power Ventures (JPVL), a unit of Jaiprakash Associates Ltd. L&T will source the super critical units boiler and steam turbine generator for the 1,320…
Stocks in news: Unitech, Mah Satyam, Rallis India, L&T
Posted on: August 13th 2009 in Market News.
MSCI adds Unitech, Mahindra Satyam to global standard indices Power Ministry Says -Price decided by EGoM (empowered group of ministers) has no relation to RIL-NTPC case -Unaware of legal advise to NTPC on gas dispute with RIL -Increasing planned UMPPs in first phase to 13 from 9 NHPC…
Intraday calls for 10-08-09
Posted on: August 10th 2009 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Buy Larsen and Tubro for a target of 1510. Stoploss: 1460. Buy Indian Oil corporation (IOC) above 557, target: 568. Stoploss: 551 …
L&T seeks regulatory nod to sell Satyam stake
Posted on: August 5th 2009 in Market News.
BANGALORE (Reuters) - Larsen & Toubro Ltd (LT.NS : 1516.2 -3.15) has sought permission from market regulators to sell its stake in outsourcer Mahindra Satyam (SATYAM.BO : 112.95 +5.8) Ltd, a spokesman for the engineering and construction major said. L&T, which operates in indu…
Country’s 30-blue chip firms may witness 10% decline Q1 profit
Posted on: July 12th 2009 in Press Releases.
NEW DELHI: The country’s 30-blue chip firms may witness as much as 10 per cent decline in their first quarter profits in the current fiscal, Earnings Measuring market volatility Ten hot money-spinners in India Long term plan for better returns Should you sell your stocks? prim…
Top 10 firms lose Rs 5,100 cr last week
Posted on: June 15th 2009 in Press Releases.
The country’s top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week, with Oil and Natural Gas Corporation (ONGC) losing the most among the pack.The total market valuation of the elite club, comprising four private sector and six state-run companies, …
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