Union leader’s suspension sparks workers’ protest..Workers at Mahindra & Mahindra’s largest plant, at Nashik, have gone on an indefinite ‘tools down’ strike, denting the company’s revenue by Rs 25 crore a day. This, along with Hyundai’s troubles, …
Continue reading...FIIs buy more shares than DLF promoters in buyback period
Promoters of realty major DLF today said they could acquire about 76.4 lakh shares in its just concluded buyback offer that continued for about seven months, but overseas investors purchased over ten times more shares during the same period. …
Continue reading...JSW Steel zooms 11%, company gets back in black
JSW Steel has rallied on news that the company today reported turnaround in net profit as against a loss of Rs 49 crore reported in the quarter ended December, 2008. The stock has zoomed over 11% to Rs 424 on volumes of around 2.13 million shares …
Continue reading...Birla Corporation moves up ahead of results
Shares of Birla Corp have surged by over 4% to Rs208 ahead of the quarterly results o be announced later in the day. The scrip has touched an intra-day high of Rs211 and a low of Rs203 and has recorded volumes of over 70,000 shares on NSE. …
Continue reading...Reliance Capital buys HBL Power’s shares worth Rs 30.3 cr
MUMBAI: Anil Dhiru Bhai Ambani Group firm Reliance Capital has bought 17.41 lakh equity shares of battery maker HBL Power Systems for over Rs 30.31 crore. According to bulk deal data available on the Bombay Stock Exchange, Reliance Capital purchased 17,41,000 equity shares of HBL Power at…
Continue reading...Top tips Nifty daytrading intraday tips nifty levels
Daily intraday stock calls for free. Swing calls, Long term calls and technical view of stocks also only on nseguide.com. …
Continue reading...NSE BSE Stock results this week
Following is the list of stocks having their results this week: 5th May 2009 Indusind Bank Swaraj Engines.. …
Continue reading...Promoters Buying Stocks NSE BSE
There are few companies available at attractive valuations and promoters of those companies are buying stocks of own ocmpanies from open market. Of the 2,023 companies which filed shareholding pattern for the quarter ended March 2009, as many as 549 companies have seen an increase in shar…
Continue reading...DLF plans to raise Rs 5,500 crore by sale of assets
NEW DELHI: DLF, the country’s largest real estate developer, is planning to raise Rs 5,500 crore through sale of “non-strategic” assets as part of its “liquidity preservation and deleveraging” exercise. The company is selling such assets that may not start contributing in 3-5 ye…
Continue reading...DLF Q4 net profit seen down 82.97% to Rs 371 cr
DLF is to announce its fourth quarter results. According to CNBC-TV18 estimates, Q4FY09 net profit is seen down 82.97% from Rs 2177 crore to Rs 370.63 crore, YoY. …
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