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Stocks in news: Suzlon, JP Asso, Cipla, Bharti, KLG Cap Svs

Posted on: Wednesday, September 23rd 2009 and is filed under Market News.

Here are stocks that are in news today: SEBI revises takeover norms provisions SEBI Says -Board approves 2 changes in IDR norms -Concept of anchor investors allowed for IDRs as well -Takeover regulation applicable for ADR/GDR with voting rights -Alert: This could have ramifications...

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DLF sells 1,250 flats within two hours

Posted on: Tuesday, September 22nd 2009 and is filed under Stock News.

NEW DELHI: DLF, the country’s largest real estate developer, today launched the second phase of its housing project in the heart of National Capital and sold all the 1,250 apartments within two hours. The company sold all the flats, offered at prices of up to Rs 1.86 crore, though ...

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Euro Multivision – IPO: Avoid

Posted on: Tuesday, September 22nd 2009 and is filed under Stock Views.

Investors can refrain from subscribing to the Initial Public Offering of Euro Multivision (Euro). Lack of track record in the photovoltaic business, competition from larger players in this business and the delays in commissioning the project, suggest that it may be better for investors to...

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Thinksoft Global Services – IPO: Avoid

Posted on: Tuesday, September 22nd 2009 and is filed under Stock Views.

Investors can avoid the initial public offering of Thinksoft Global Services, a software testing company, given the concerns that surround its performance and global trends in the IT deal landscape. Its niche offerings may also force it to rely on a smaller universe of clients. At the up...

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Pipavav Shipyard IPO fully subscribed

Posted on: Tuesday, September 22nd 2009 and is filed under Press Releases.

Mumbai: The initial public offer ( IPO) of the private sector shipbuilder, Pipavav Shipyard, on Wednesday got fully subscribed in the very first hour of its first day of subscription. Pipavav Shipyard, which expects to raise as much as Rs 513 crore through its public offer, received bids ...

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Intraday calls for 22-09-09

Posted on: Tuesday, September 22nd 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Jaiprakash associates at 258, target: 268. Stoploss: 254 Stock to watch for breakout: Buy Adlabs above 371, target: 384. Stoploss: 367 3.00 PM – BTST – BUY INDIAINFO AT CMP 149 TARGET 157. SL 145 ...

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Bharti-MTN deal ready to be signed

Posted on: Monday, September 21st 2009 and is filed under Press Releases.

Two deadlines and several controversies later, the $23 billion cash-and-share swap deal between Bharti Airtel and South Africa’s MTN is ready to be signed, sources close to the negotiations confirmed today. “The deal is all set, agreed and legally ready to be signed,” the source sai...

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71% stocks trade below May 2008 levels

Posted on: Sunday, September 20th 2009 and is filed under Stock News.

11 stocks, including Tata Steel, R-Comm and DLF, are down by over 30 per cent. The 16-month highs for the two benchmark indices, the Sensex and the Nifty, look unconvincing as 71 per cent of the stocks are currently trading 30 per cent below the levels where they were 16 months ago. The ...

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Top 8 cos add Rs 23k cr; ONGC, Airtel see value erosion

Posted on: Sunday, September 20th 2009 and is filed under Press Releases.

MUMBAI: As many as eight out of the top ten most valued companies added over Rs 23,000 crore to their market capitalisation in the last week. However, oil major ONGC and telecom giant Bharti Airtel witnessed erosion in their market cap during the week. The country’s most valued f...

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MFs invest Rs 40,246 cr in blue-chip companies

Posted on: Sunday, September 20th 2009 and is filed under Stock News.

NEW DELHI: Money managers handling mutual funds are playing it safe and betting on the top 10 stocks in the bourses, ensuring that their funds perform in line with the overall market. In fact, these blue-chip companies are attracting 28% of mutual fund investment in the equity market. A...

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