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Tilaknagar Ind allots 41.70 lakh warrants to promoter

Posted on: Thursday, June 18th 2009 and is filed under Stock News.

MUMBAI: Manufacturer and supplier of Indian-made foreign liquor Tilaknagar Industries on Thursday said its shareholders have approved to issue 41.70 lakh convertible warrants to a promoter of the company on preferential allotment basis. Shareholders of the company has approved the allotm...

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Opto Circuits Q4 net up 62% at Rs 55 cr

Posted on: Thursday, June 18th 2009 and is filed under Stock News.

Manufacturer of healthcare devices Opto Circuits India today said its consolidated net profit for the fourth quarter ended March 31, 2009, rose by 62 per cent at Rs 55.37 crore, over the same period last year.The company had a net profit of Rs 34.20 crore in the same period ended March 20...

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Bulls may suffer further setback

Posted on: Thursday, June 18th 2009 and is filed under Market Outlook.

The recovery in economic growth and corporate profits will take time to catch up with market performance. At every fall, you could feel better if you pick up something. Markets further lost ground on Thursday extending its losses for second straight trading session. The Realty, Metals, P...

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India may borrow 4-4.25 trillion rupees in 2009/10: Edelweiss

Posted on: Thursday, June 18th 2009 and is filed under Press Releases.

MUMBAI: India’s gross borrowing target for 2009/10 may be raised to 4-4.25 trillion rupees but revenue from divestment and auction of telecom Money spectrum will mitigate the effect of larger supplies, Edelweiss Securities said on Thursday. At its interim budget, the government h...

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Hold Jaiprakash Associates, target of Rs 237: Sharekhan

Posted on: Thursday, June 18th 2009 and is filed under Brokerage Recommendations.

Sharekhan has maintained its hold rating on Jaiprakash Associates with a price target of Rs 237 in its report dated June 17, 2009. “JP Associates Ltd (JAL) recently reported its consolidated and standalone FY2009 numbers after the amalgamation of four of its subsidiaries with itsel...

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Buy Orient Paper, target of Rs 66: Emkay Global

Posted on: Thursday, June 18th 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services is bullish on Orient Paper & Industries (OPIL) and has recommended a buy rating on the stock with a target price of Rs 66 in its June 16, 2009 report. Orient Paper Q4FY09 pre exceptional net profit of Rs 629 million is above our estimates (Rs 500 milli...

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Intraday tips for 19 June 2009

Posted on: Thursday, June 18th 2009 and is filed under free intraday tips.

Best intraday tips, nse bse intraday stock calls for free, hotttest intraday calls, BTST stock calls, nse tips, stock market india, hot tips, Top stocks for intraday: http://nseguide.com/category/intraday-calls-tips/ ...

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Suzlon Energy can test Rs 85-86: Mohindar

Posted on: Thursday, June 18th 2009 and is filed under Stock Views.

Rahul Mohindar of Viratechindia is of the view that Suzlon Energy can test Rs 85-86. Mohindar told CNBC-TV18, “Suzlon broke a good support level at Rs 105 and that makes reason to believe that you are probably going to retest levels like Rs 85-86 so we think the correction is going...

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Buy banking, telecom stocks on decline: Mohindar

Posted on: Thursday, June 18th 2009 and is filed under Stock Views.

Rahul Mohindar of Viratechindia is of the view that one can buy banking and telecom stocks with 3-4 months timeframe. Mohindar told CNBC-TV18, “I think banking per se looks good. In fact sectorally, if I have to pick two sectors, on would be banking and telecom. I think both these ...

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Realty index sheds 11% in two days

Posted on: Thursday, June 18th 2009 and is filed under Stock News.

The Realty index was the major laggard today and tumbled to a low of 3,193. The index finally ended with a loss of 6% at 3,190. The index has slumped over 11% from Tuesday’s close of 3,599. Unitech dropped 9% to Rs 76. DLF slipped 3% to Rs 322. HDIL, Mahindra Lifespace Developer...

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