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Stocks in news: Tata Power, Dr Reddys, Bharti, Sun Pharma

Posted on: September 15th 2009 in Market News.

Oil India update -Ministers panel sets IPO price at Rs 1,050/share: Oil Secretary -Alert: IPO price band was Rs 950-1050/share -Listing on September 30 RIL sources on RNRL -Intervention application weakens NTPC’s case -NTPC case based on international bidding process -In RNRL…

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Stocks in news: IndusInd Bank, Ranbaxy, Sun Pharma, PTC

Posted on: August 12th 2009 in Market News.

Alert: June IIP data today RIL-NTPC gas dispute: from agencies -RIL files caveat in SC ahead of NTPC appeal -NTPC expected to move SC against Bombay HC ruling in July -Bombay HC allowed RIL to amend plea in gas dispute with NTPC Exclusive: IndusInd Bank -QIP issue closes; raises $10…

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Stocks in news: BHEL, Sun Pharma, Geojit, Sterlite, Era

Posted on: July 13th 2009 in Press Releases.

Results today: Axis Bank, Motilal Oswal, Gammon Infra, Indowind Energy, ETC Networks, TVS Electronics, Era Infra BHEL CMD Says -In talks with Sheffield UK for tech transfer in JV (joint venture) -In casting & forging JV with Sheffield UK, to invest Rs 1,000 crore in JV -In talks …

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Sun Pharma crashes on Caraco ruling

Posted on: June 26th 2009 in Stock News.

Sun Pharma recovered partially from the day’s low of Rs 1,070, and finally ended 12% lower at Rs 1,140. The counter registered heavy volumes of around 580,400 shares, which is around 30-times higher than its two-week daily average volume of around 19,230 shares on the BSE. Sun Pha…

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Selling continues… Sensex near day’s low

Posted on: June 18th 2009 in Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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Buy Sun Pharma, target of Rs 1295: Sharekhan

Posted on: June 2nd 2009 in Brokerage Recommendations.

Sharekhan has recommended a buy rating on Sun Pharma, with price target of Rs 1295, in its report dated June 01, 2009. “Sun Pharmaceutical Industries (Sun Pharma)’ Q4FY2009 performance was above our expectations. The revenues for the quarter declined by 9.8% to Rs 1,134.4 crore d…

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Stocks in news: Matrix Labs, Great Off, Lanco Infra

Posted on: June 1st 2009 in Press Releases.

Matrix: -Mylan accepts exit price of Rs 211/share for Matrix Labs Mylan says -Will accept all tendered shares at Rs 211/sh -Will have over 90% stake in Matrix Labs, will delist company Bharti-MTN Deal: -Mikati Family, Major MTN shareholder, says to vote in favour of deal -Mikati Fa…

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Stocks in news: Sun Pharma, Glenmark, RIL, Maytas Infra

Posted on: March 30th 2009 in Stock News.

Telecom -DoT may look into segment wise revenues of Bharti, Idea, Aircell among others: Sources -Telecom companies booking higher revenues under long distance as it attracts lower license fee: DoT -Alert: DoT already conducting similar audit of Reliance Communication: Sources. …

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Buy Sun Pharmaceutical, target of Rs 1295: Sharekhan

Posted on: March 27th 2009 in Brokerage Recommendations.

Sharekhan has maintained its buy rating on Sun Pharmaceutical Industries with a price target of Rs 1,295 in its March 26, 2009 research report. “Sun’s domestic business has clearly outpaced the industry by registering a +17% growth in M9FY2009 vs a 12-14% industry growth in the sa…

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