Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). GMR infra at 69.20 – Support at 68 LT Foods (Daawat) at 65.65 – Support at 62 No negative breakouts for today: Positive breakouts are likely to do well if m…
GVK, GMR, Tata Power want govt to protect their share of KG gas
Posted on: July 8th 2009 in Press Releases.
The Ambani vs Ambani battle over the supply of KG basin gas has put some corporates in a spot of bother. Companies like GVK, GMR, Tata Power and Torrent have sought government intervention to ensure that the Bombay High Court judgement in the RIL-RNRL gas dispute does not affect their gas…
GMR Infrastructure withdraws $500 million QIP
Posted on: June 30th 2009 in Stock News.
GMR Infrastructure, the Bangalore-based infrastructure firm with focus on power generation, highways, airports and urban infrastructure, has withdrawn its $500 million fund raising efforts through the QIP route for the time-being.According to a senior finance official of the firm, they ha…
Stocks fall after initial upmove; realty down
Posted on: June 11th 2009 in Market News.
MUMBAI: Stocks lost steam on Thursday after a brief positive start as investors chose to book profits in recent gainers. Realty and technology stocks took a hit while healthcare and auto stocks edged higher. After opening on a firm footing, Bombay Stock Exchange’s Sensex lost 73 point…
Intraday calls for 04-06-09
Posted on: June 4th 2009 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open weak.. Nifty has good support at 4450-4480. Once markets show signs of recovery buy GMR infra and Biocon. One may buy Read More..
Rs 70,000-crore infra projects get financial closure in three months
Posted on: May 28th 2009 in Stock News.
Power projects by GMR in Orissa and R-Power in UP join the list.Despite the economic slowdown and cash crunch in the global markets, nine infrastructure projects worth over Rs 70,000 crore have achieved financial closure in the last three months. Domestic banks and financial institutions …
GMR Infra bags Rs 2000cr highway project; stk up
Posted on: May 28th 2009 in Stock News.
GMR Infrastructure touched an intraday high of Rs 167 and an intraday low of Rs 163.80. At 10:14 am, the share was quoting at Rs 165.45, up Rs 1.65, or 1.01%. The company has bagged Rs 2,000 crore Hyderabad-Vijayawada highway project, reports CNBC-TV18. It was trading with volumes of 14…
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