Moneycontrol.com
Rel Pwr's 1st project to go onstream in 2009: Anil Ambani
50% return from 308 stocks: Should you buy them?
See selling on each rise in mkts: Kotak Mah Bank
JP Asso looking to raise $1 bn via power arm IPO
Bank credit growth satisfactory: FM
Kotak Sec on Rel Power's valuations
Tulip IT bags Rs 57.72 cr order from Assam
Bilcare buys S'pore's co for S$20m
Largecaps scores over midcaps & smallcaps
Reliance Petroleum can test Rs 270-280: Baliga
Invest in cos with promoter holding above 80%
NASDAQ announces year-end index performance statistics
First 6 mths of '08 will be period of good cheer: Tata MF
Be cautious on Burnpur Cement
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Myiris.com
Brokers Outlook: Upward trend to continue on Monday
FIIs turn net buyers in equities worth Rs 7,251 mn on Jan. 3
Forex reserves rise by USD 2,837 mn
Maharashtra Seamless buys facility in Romania; to invest Rs 3 bn
Spanco Telesystems bags Rs 137.5 mn contract
Tech Mahindra seek shareholders nod for merger
ICRA assigns IPO Grade 3 to Future Capital Holdings
Tata Steel, Hindalco most traded by MFs in Nov`07
Chidambaram to commence pre-budget consultations on Jan. 7
Alps Industries floats energy arm
Reliance Retail in talks with Carrefour to form JV
Rajesh Exports scouts for overseas partners
SBI revises deposit rates
Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
This blog is for providing daily news of Corporate Indian Stories, Corporate Results, Equities, MFs, Banking,Insurance, Brokerages Informations, World Business, Venture Capital, Angel Investors, BSchools, MBAs,Jobs, Politics & something Interesting.Our team will be grateful to the owners of various Indian/world/govt sites to refer their sites to get INFORMATION without objection.Request viewers to make verification about the information. Blog is not responsible for any faulty information.
04 January 2008
VC, PE updates,Jobs from VCCircle.com, Indiape.com
VCCircle.com
Reliance Power IPO Mandate Makes JP Morgan Top Book Runner
Blackstone’s Gokaldas Open Offer Cleared By SEBI; To Open On Jan 9
Cyprus Fund Lakecrest To Invest $100M In Indian Hospitality, Tourism Sector
Gateway Rail Freight To Raise Rs 250-300 Crore; Kotak Is The Banker
TutorVista Plans To Raise $15 Million More To Bankroll India Expansion
ICICI Venture’s RFCL Acquires Godrej Diagnostics Arm And Alved Pharma
Tata Motors Declared Preferred Bidder For Jaguar, Land Rover Units
Contact Book Service Plaxo Up For Sale; Why Microsoft Should Buy It
NBC Universal Reportedly Buys 30% In NDTV’s UK Subsidiary
Chawla’s ‘94 Stake Buy In Catholic Syrian Bank Cleared; He Needs To Pare Holdings
PE-Backed Ramky Infrastructure Files For IPO
News Roundup: Alembic Buys Unit, Khandwala’s Retail Foray, Parsvanath’s Hotel Bet
Nirma Buys US Soda Ash Maker Searles Valley From Private Equity Owner
Lazard Plans $300 Million India Focused Private Equity Fund
Religare To Sell Stake In NBFC Arm To Private Equity Funds
Reliance Power To Price IPO At Rs 405-450; Largest Ever Issue To Open Jan 15-18
Kotak Mahindra Appoints Uday Bhansali As Investment Banking Head
Future Capital Fixes IPO Price Band At Rs 700-765; MCX Clarifies On IPO
Amit Burman’s Lite Bites, Jiggs Kalra In Foods JV
Anil Ambani Floats Tech Reliance For IT Foray; May Invest $2 Billion
Goldman Sachs, Macquarie Acquire 40% In PTC Financial For Rs 156 Crore
Indiabulls Swaps Hotel Property For 10% Stake In Gaming Company
Kotak PE To Invest $10 Million In Chandrababu Naidu’s Heritage Foods
M&A Roundup: HDFC Sells Stake In Life JV; Neolite Gets Austrian Partner
------------------------------------------
IndiaPE.com
Lazard to launch $300 mn private equity fund
Goldman, Macquaire to buy 20% each in PTC Financial
Kotak Venture buys into Heritage Foods
Source: http://www.vccircle.com and www.indiape.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Reliance Power IPO Mandate Makes JP Morgan Top Book Runner
Blackstone’s Gokaldas Open Offer Cleared By SEBI; To Open On Jan 9
Cyprus Fund Lakecrest To Invest $100M In Indian Hospitality, Tourism Sector
Gateway Rail Freight To Raise Rs 250-300 Crore; Kotak Is The Banker
TutorVista Plans To Raise $15 Million More To Bankroll India Expansion
ICICI Venture’s RFCL Acquires Godrej Diagnostics Arm And Alved Pharma
Tata Motors Declared Preferred Bidder For Jaguar, Land Rover Units
Contact Book Service Plaxo Up For Sale; Why Microsoft Should Buy It
NBC Universal Reportedly Buys 30% In NDTV’s UK Subsidiary
Chawla’s ‘94 Stake Buy In Catholic Syrian Bank Cleared; He Needs To Pare Holdings
PE-Backed Ramky Infrastructure Files For IPO
News Roundup: Alembic Buys Unit, Khandwala’s Retail Foray, Parsvanath’s Hotel Bet
Nirma Buys US Soda Ash Maker Searles Valley From Private Equity Owner
Lazard Plans $300 Million India Focused Private Equity Fund
Religare To Sell Stake In NBFC Arm To Private Equity Funds
Reliance Power To Price IPO At Rs 405-450; Largest Ever Issue To Open Jan 15-18
Kotak Mahindra Appoints Uday Bhansali As Investment Banking Head
Future Capital Fixes IPO Price Band At Rs 700-765; MCX Clarifies On IPO
Amit Burman’s Lite Bites, Jiggs Kalra In Foods JV
Anil Ambani Floats Tech Reliance For IT Foray; May Invest $2 Billion
Goldman Sachs, Macquarie Acquire 40% In PTC Financial For Rs 156 Crore
Indiabulls Swaps Hotel Property For 10% Stake In Gaming Company
Kotak PE To Invest $10 Million In Chandrababu Naidu’s Heritage Foods
M&A Roundup: HDFC Sells Stake In Life JV; Neolite Gets Austrian Partner
------------------------------------------
IndiaPE.com
Lazard to launch $300 mn private equity fund
Goldman, Macquaire to buy 20% each in PTC Financial
Kotak Venture buys into Heritage Foods
Source: http://www.vccircle.com and www.indiape.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Labels:
Indiape.Com,
Jobs from VCCircle.com,
PE Updates,
VC
Rediff, Deadpresident Updates
www.Rediff.com
Why criticism of the Rs 1-lakh car is wrong
To tax the small car 'like crazy' until an efficient mass transit system is in place is highly short-sighted.
• 10 tech trends that will shape 2008
• No tax benefit on gifts given to kin
• How safe are the Indian skies?
• How to be a good sole superpower
• What you would like to buy in 2008
• OIL chief on investment plans
• FM to start pre-bud talks on Jan 7
• Rise of Asia is a global good
• Beating the property gloom
• E-tax payment may be compulsory
----------------------------------------------------------------
http://deadpresident.blogspot.com
Reliance Power IPO Part Payment Details
Reliance Power IPO Allotment, Listing
Rakesh Jhunjhunwala Picks for 2008 ?
Weekly Close: Is 20k here to stay??
Reliance Power IPO
Sensex garners 480 points
Dish TV sells stake
Manaksia IPO Listing
Sensex scales new peak
Market pares gains in late trade
Post Market Commentary
Grey Market - Future Capital , Reliance Power, Aries Agro
News Snippets - Jan 4 2008
NTPC
Stream-line your portfolio
Gremach Infra, Ganesh Housing
FDI in Media to be increased
Mukesh v Anil Ambani
Source: Above sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Why criticism of the Rs 1-lakh car is wrong
To tax the small car 'like crazy' until an efficient mass transit system is in place is highly short-sighted.
• 10 tech trends that will shape 2008
• No tax benefit on gifts given to kin
• How safe are the Indian skies?
• How to be a good sole superpower
• What you would like to buy in 2008
• OIL chief on investment plans
• FM to start pre-bud talks on Jan 7
• Rise of Asia is a global good
• Beating the property gloom
• E-tax payment may be compulsory
----------------------------------------------------------------
http://deadpresident.blogspot.com
Reliance Power IPO Part Payment Details
Reliance Power IPO Allotment, Listing
Rakesh Jhunjhunwala Picks for 2008 ?
Weekly Close: Is 20k here to stay??
Reliance Power IPO
Sensex garners 480 points
Dish TV sells stake
Manaksia IPO Listing
Sensex scales new peak
Market pares gains in late trade
Post Market Commentary
Grey Market - Future Capital , Reliance Power, Aries Agro
News Snippets - Jan 4 2008
NTPC
Stream-line your portfolio
Gremach Infra, Ganesh Housing
FDI in Media to be increased
Mukesh v Anil Ambani
Source: Above sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Labels:
Deadpresident Updates,
Rediff
Reliance Power IPO Stories
'Grey' record by Reliance Power
Within few days of getting clearance from SEBI, Reliance Power's initial public offering (IPO) has created a new record in the Indian grey markets. A Rs 1 lakh application form of the IPO is fetching a price of over Rs 9,000 per form. This is considerably higher than the previous record-making price of Rs 7000 per form set by Adani group's Mundra Port & SEZ IPO a couple of months back.
Over 1 lakh shares are being traded daily in the grey markets even before the IPO's dates have been announced. According to grey market operators, currently the stock was being traded at a premium of around Rs 425 per share on Thursday, higher than the Rs 395-400 price a day before.
The IPO, which is expected to open on January 15, 2008 and closing on January 18, 2008, is being priced in the range of Rs 415-Rs450. For Rs 1 lakh application form, the rates are over Rs 9000 for fully paid-up shares and over Rs 6000 for partly-paid up shares.
The trading in grey market started couple of days back with premium quoted at Rs 340-350. Since the IPO dates were not announced, the volume was low on opening, but after the recent announcement of issue opening and price range, the volume has picked up substantially. SEBI had cleared Rel Power's issue on December 28, 2007 with a condition that 20 per cent of the promoters capital should be locked-in for a period of five years instead of normal lock-in period of three years.
Reliance Power Ltd, which is Anil Dhirubhai Ambani Group (ADAG) promoted company, was created as a separate company from Reliance Energy Ltd (REL) to handle the power generation business of the group. The company has 12 power projects under development with a total estimated cost of Rs95,591 crore. It recently won the 4000 MW ultramega power project (UMPP) at Krishnapatnam in Andhra Pradesh after having bagged the contract for another UMPP in Sasan, Madhya Pradesh.
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R-Power IPO: You can pay in phases
MUMBAI: Reliance Energy is going all out to woo retail investors for the upcoming initial public offer (IPO) of its subsidiary, Reliance Power. After deciding to offer shares to retail investors at a 5% discount to the price band of Rs 405-450, the Anil Ambani Group entity intends to provide this investor segment with a “staggered payment” option in this IPO. Accordingly, retail investors need to pay only 25% of the total investment amount at the time of submitting the application and the rest at the time of allotment on first call, a source familiar with the development said.
Special: Powered by Reliance
By availing this option, the investor does not have to lock in the entire amount for which he has applied in the IPO. This means, if a retail investor intends to apply for 100 shares at Rs 450 per share (Rs 427.50 after discount), he would need to pay only Rs 10,687.5 (25% of Rs 42,750 while applying and the rest during allotment, as against the lumpsum of Rs 42,750. This option brings a level playing field for retail investors vis-à-vis qualified institutional buyers(QIBs), who are allowed to bid in an IPO with just 10% margin while submitting the bids in a public issue. Prominent public issues, which enabled the staggered payment options in recent times include ICICI Bank and Reliance Petroleum.
The Reliance Power issue, which would raise as much as Rs 11,700 crore by offering 26 crore shares, is likely to open on January 15 and close on Jan 18. The offer, which will be India’s biggest ever IPO, is expected to generate significant interest from both institutional and retail investors, going by the response in the unofficial grey market, analysts said. Rating agency Crisil has graded the Reliance Power IPO '4/5', an indication that the fundamentals of the issue are above average.
-------------------------------------------------------------
Other Stories
Retail investors get discount in Rel Power IPO
Reliance Power to be listed in early Feb
Grey mart: Rs 1L in Rel Power IPO will earn 9% in 20 days
Power cos plan to raise $10 bn from primary market & pre-IPO placements
Source: http://economictimes.indiatimes.com and www.sify.com . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Within few days of getting clearance from SEBI, Reliance Power's initial public offering (IPO) has created a new record in the Indian grey markets. A Rs 1 lakh application form of the IPO is fetching a price of over Rs 9,000 per form. This is considerably higher than the previous record-making price of Rs 7000 per form set by Adani group's Mundra Port & SEZ IPO a couple of months back.
Over 1 lakh shares are being traded daily in the grey markets even before the IPO's dates have been announced. According to grey market operators, currently the stock was being traded at a premium of around Rs 425 per share on Thursday, higher than the Rs 395-400 price a day before.
The IPO, which is expected to open on January 15, 2008 and closing on January 18, 2008, is being priced in the range of Rs 415-Rs450. For Rs 1 lakh application form, the rates are over Rs 9000 for fully paid-up shares and over Rs 6000 for partly-paid up shares.
The trading in grey market started couple of days back with premium quoted at Rs 340-350. Since the IPO dates were not announced, the volume was low on opening, but after the recent announcement of issue opening and price range, the volume has picked up substantially. SEBI had cleared Rel Power's issue on December 28, 2007 with a condition that 20 per cent of the promoters capital should be locked-in for a period of five years instead of normal lock-in period of three years.
Reliance Power Ltd, which is Anil Dhirubhai Ambani Group (ADAG) promoted company, was created as a separate company from Reliance Energy Ltd (REL) to handle the power generation business of the group. The company has 12 power projects under development with a total estimated cost of Rs95,591 crore. It recently won the 4000 MW ultramega power project (UMPP) at Krishnapatnam in Andhra Pradesh after having bagged the contract for another UMPP in Sasan, Madhya Pradesh.
-----------------------------------------------------------------
R-Power IPO: You can pay in phases
MUMBAI: Reliance Energy is going all out to woo retail investors for the upcoming initial public offer (IPO) of its subsidiary, Reliance Power. After deciding to offer shares to retail investors at a 5% discount to the price band of Rs 405-450, the Anil Ambani Group entity intends to provide this investor segment with a “staggered payment” option in this IPO. Accordingly, retail investors need to pay only 25% of the total investment amount at the time of submitting the application and the rest at the time of allotment on first call, a source familiar with the development said.
Special: Powered by Reliance
By availing this option, the investor does not have to lock in the entire amount for which he has applied in the IPO. This means, if a retail investor intends to apply for 100 shares at Rs 450 per share (Rs 427.50 after discount), he would need to pay only Rs 10,687.5 (25% of Rs 42,750 while applying and the rest during allotment, as against the lumpsum of Rs 42,750. This option brings a level playing field for retail investors vis-à-vis qualified institutional buyers(QIBs), who are allowed to bid in an IPO with just 10% margin while submitting the bids in a public issue. Prominent public issues, which enabled the staggered payment options in recent times include ICICI Bank and Reliance Petroleum.
The Reliance Power issue, which would raise as much as Rs 11,700 crore by offering 26 crore shares, is likely to open on January 15 and close on Jan 18. The offer, which will be India’s biggest ever IPO, is expected to generate significant interest from both institutional and retail investors, going by the response in the unofficial grey market, analysts said. Rating agency Crisil has graded the Reliance Power IPO '4/5', an indication that the fundamentals of the issue are above average.
-------------------------------------------------------------
Other Stories
Retail investors get discount in Rel Power IPO
Reliance Power to be listed in early Feb
Grey mart: Rs 1L in Rel Power IPO will earn 9% in 20 days
Power cos plan to raise $10 bn from primary market & pre-IPO placements
Source: http://economictimes.indiatimes.com and www.sify.com . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Sensex vaults 342 pts; Nifty ends 96 pts up
Sensex vaults 342 pts; Nifty ends 96 pts up
Reliance pulls Sensex to record close
Shrugging off weak US and Japanese markets, the bulls entered the ring this morning, got equities off to a firm start and then, stepped up momentum in style as the session progressed. Though a bit selective with regard to the broad market, they proved relentless in their pursuit for key stocks from oil, banking, capital goods, FMCG and metal sectors. Gains posted by key stocks from these sectors were so strong that the benchmark indices Sensex and Nifty went on to scale new peaks this afternoon.
Information technology stocks had another disappointing outing with the rupee's surge forcing the investors out of the counters. Auto stocks, barring a select few, found the going tough. Pharma and consumer durables stocks turned subdued after a fairly positive start. Buying remained stock specific in power, PSU and realty sectors.
The Sensex, which opened marginally higher at 20,367.94, crossed new milestones in a hurry and hit a lifetime high of 20,762.80 in late afternoon trade before finally settling down at 20,686.89 with a massive gain of 341.69 points or 1.68%. The Nifty posted a new high at 6300.05 and ended at 6274.30, around 1.55% or 95.75 points higher than its previous closing mark.
Profit-taking saw several smallcap stocks losing sheen. Midcaps fared relatively better. The market breadth, which remained strong till a little past mid-afternoon, turned almost neutral as the session drew to a close. Out of 2922 stocks traded on BSE today, 1479 stocks closed with gains. 1422 stocks ended on a losing note and 21 stocks finished at their previous closing levels.
ICICI Bank, which emerged as the biggest gainer from the Sensex pack, ended stronger by 4.7% at Rs 1285.35. Larsen & Toubro surged 4.5% to Rs 4244.40. Hindustan Unilever, Reliance Communications and Hindalco gained 3.8%, 3.65% and 3.45% respectivley. ONGC notched up a gain of 2.9%.
Reliance Industries, which played a significant role in lifting the market to new highs today, ended with a handsome gain of 2.9% at Rs 2985.85. ITC and DLF moved up by around 2.35% to Rs 219.55 and Rs 1112.50 respectively. HDFC advanced by 2.2% to Rs 3111.50 and BHEL gained 1.35%.
Ranbaxy Laboratories, Tata Steel, Wipro and Bajaj Auto finished with marginal gains. HDFC Bank opened well but failed to retain gains and settled just above its previous closing price.
Among the losers from the Sensex, NTPC eased by 1.75% to Rs 271.75. Mahindra & Mahindra, Cipla, Ambuja Cements, Tata Consultancy Services, Tata Motors, Maruti Suzuki and Infosys Technologies lost 1% - 1.5%. Satyam Computer Services ended nearly a per cent down. ACC eased by 0.45%. Reliance Energy, Grasim Industries and State Bank of India finished with small losses while Bharti Airtel settled lower by less than a rupee.
Reliance Petroleum, Sterlite Industries, Siemens, Dr. Reddy's Laboratories, Idea Cellular, Tata Power, HCL Technologies, GlaxoSmithKline Pharma, SAIL and Suzlon Energy ended with strong gains. Sun Pharmaceuticals, Nalco, Hero Honda, BPCL and Zee Entertainment closed with sharp losses.
Punjab Tractors zoomed 29.5% to Rs 351.50. Hinduja Ventures closed with a big gain of 13.55%. Parsvnath Developers, EIH Limited, Bombay Dyeing, Orchid Chemicals and Aditya Birla Nuvo moved up by 6% - 10%. IPCA Laboratories, Engineers India, HMT, National Fertilizers, Rashtriya Chemicals & Fertilizers, Sun TV Network, SKF India and Colgate Palmolive also ended on a high note.
Adlabs Films, Bajaj Auto Finance, Torrent Power, Panacea Biotech, Monsanto, Himatsingka Seide, Shopper's Stop, Bajaj Hindustan, NDTV, Praj Industries, Gujarat Petronet, Advanta, Jyoti Structures and Essar Shipping were among the other major gainers from the midcap index.
Hindustan Motors gained over 20% on strong volumes. With a turnover of around Rs 346.72 crore on a volume of nearly 43 million on the National Stock Exchange, it was among the most actively traded stocks today. RNRL (3.95%) and Jaiprakash Associates (3.35%) also moved up on hefty volumes.
Other Sify Stories
RIL, HPCL to run sugar mills
Batliboi to issue shares
BHEL bags order from Azerbaijan
Risk-free returns in choppy markets
Jaguar-LR: Tatas in driver's seat
FM wants banks to cut lending rates
Ramsarup Industries at new high on order win
Exide Industries Q3 results on Jan 14
Gateway Distriparks to raise up to Rs 300 cr
Inflation rate rises to 3.50%
Bank of Baroda sees FY08 net profit up 25%
Bank of Maharashtra sees Oct-March net up 40%
Source: http://www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Reliance pulls Sensex to record close
Shrugging off weak US and Japanese markets, the bulls entered the ring this morning, got equities off to a firm start and then, stepped up momentum in style as the session progressed. Though a bit selective with regard to the broad market, they proved relentless in their pursuit for key stocks from oil, banking, capital goods, FMCG and metal sectors. Gains posted by key stocks from these sectors were so strong that the benchmark indices Sensex and Nifty went on to scale new peaks this afternoon.
Information technology stocks had another disappointing outing with the rupee's surge forcing the investors out of the counters. Auto stocks, barring a select few, found the going tough. Pharma and consumer durables stocks turned subdued after a fairly positive start. Buying remained stock specific in power, PSU and realty sectors.
The Sensex, which opened marginally higher at 20,367.94, crossed new milestones in a hurry and hit a lifetime high of 20,762.80 in late afternoon trade before finally settling down at 20,686.89 with a massive gain of 341.69 points or 1.68%. The Nifty posted a new high at 6300.05 and ended at 6274.30, around 1.55% or 95.75 points higher than its previous closing mark.
Profit-taking saw several smallcap stocks losing sheen. Midcaps fared relatively better. The market breadth, which remained strong till a little past mid-afternoon, turned almost neutral as the session drew to a close. Out of 2922 stocks traded on BSE today, 1479 stocks closed with gains. 1422 stocks ended on a losing note and 21 stocks finished at their previous closing levels.
ICICI Bank, which emerged as the biggest gainer from the Sensex pack, ended stronger by 4.7% at Rs 1285.35. Larsen & Toubro surged 4.5% to Rs 4244.40. Hindustan Unilever, Reliance Communications and Hindalco gained 3.8%, 3.65% and 3.45% respectivley. ONGC notched up a gain of 2.9%.
Reliance Industries, which played a significant role in lifting the market to new highs today, ended with a handsome gain of 2.9% at Rs 2985.85. ITC and DLF moved up by around 2.35% to Rs 219.55 and Rs 1112.50 respectively. HDFC advanced by 2.2% to Rs 3111.50 and BHEL gained 1.35%.
Ranbaxy Laboratories, Tata Steel, Wipro and Bajaj Auto finished with marginal gains. HDFC Bank opened well but failed to retain gains and settled just above its previous closing price.
Among the losers from the Sensex, NTPC eased by 1.75% to Rs 271.75. Mahindra & Mahindra, Cipla, Ambuja Cements, Tata Consultancy Services, Tata Motors, Maruti Suzuki and Infosys Technologies lost 1% - 1.5%. Satyam Computer Services ended nearly a per cent down. ACC eased by 0.45%. Reliance Energy, Grasim Industries and State Bank of India finished with small losses while Bharti Airtel settled lower by less than a rupee.
Reliance Petroleum, Sterlite Industries, Siemens, Dr. Reddy's Laboratories, Idea Cellular, Tata Power, HCL Technologies, GlaxoSmithKline Pharma, SAIL and Suzlon Energy ended with strong gains. Sun Pharmaceuticals, Nalco, Hero Honda, BPCL and Zee Entertainment closed with sharp losses.
Punjab Tractors zoomed 29.5% to Rs 351.50. Hinduja Ventures closed with a big gain of 13.55%. Parsvnath Developers, EIH Limited, Bombay Dyeing, Orchid Chemicals and Aditya Birla Nuvo moved up by 6% - 10%. IPCA Laboratories, Engineers India, HMT, National Fertilizers, Rashtriya Chemicals & Fertilizers, Sun TV Network, SKF India and Colgate Palmolive also ended on a high note.
Adlabs Films, Bajaj Auto Finance, Torrent Power, Panacea Biotech, Monsanto, Himatsingka Seide, Shopper's Stop, Bajaj Hindustan, NDTV, Praj Industries, Gujarat Petronet, Advanta, Jyoti Structures and Essar Shipping were among the other major gainers from the midcap index.
Hindustan Motors gained over 20% on strong volumes. With a turnover of around Rs 346.72 crore on a volume of nearly 43 million on the National Stock Exchange, it was among the most actively traded stocks today. RNRL (3.95%) and Jaiprakash Associates (3.35%) also moved up on hefty volumes.
Other Sify Stories
RIL, HPCL to run sugar mills
Batliboi to issue shares
BHEL bags order from Azerbaijan
Risk-free returns in choppy markets
Jaguar-LR: Tatas in driver's seat
FM wants banks to cut lending rates
Ramsarup Industries at new high on order win
Exide Industries Q3 results on Jan 14
Gateway Distriparks to raise up to Rs 300 cr
Inflation rate rises to 3.50%
Bank of Baroda sees FY08 net profit up 25%
Bank of Maharashtra sees Oct-March net up 40%
Source: http://www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
03 January 2008
ET Top Stories
http://economictimes.indiatimes.com/
Tata, SAIL form equal JV for coal blocks
Hindujas, ONGC lead $20 bn investment in Iran, India
Indian stock markets third best performing in the world
Govt to remove cap on number of partners in partnership cos
Allow 74% FDI in mobile TV, auction licence: TRAI
Ford names Tata as preferred bidder for Jaguar, Land Rover
Indiabulls Wholesale buys 43.92% stake in Piramyd Retail
HPCL, Reliance among bidders for Bihar sugar mills
Promote juniors to check attrition at BPOs
Gold zooms, crosses Rs 11,000 mark
PSU's outperform pvt sector firms
Re stronger by 4 paise against dollar
Sensex loses 120 points
Cement shares hit by TN govt's threat
Audi A6 to get cheaper by up to Rs 2.1 lakh
Rajesh Exports sees FY08 net profit at Rs 200 crore
Laterals begin with record Rs 40-lakh offer at IIM-Kozhikode
India emerges as global centre for animators
Stocks to watch on Thursday
Power, energy shares outperform in choppy trade
Indian stock markets third best performing in the world
R-Power IPO: You can pay in phases
UTI Asset overtakes ICICI Pru as No. 2
Source: http://economictimes.indiatimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Tata, SAIL form equal JV for coal blocks
Hindujas, ONGC lead $20 bn investment in Iran, India
Indian stock markets third best performing in the world
Govt to remove cap on number of partners in partnership cos
Allow 74% FDI in mobile TV, auction licence: TRAI
Ford names Tata as preferred bidder for Jaguar, Land Rover
Indiabulls Wholesale buys 43.92% stake in Piramyd Retail
HPCL, Reliance among bidders for Bihar sugar mills
Promote juniors to check attrition at BPOs
Gold zooms, crosses Rs 11,000 mark
PSU's outperform pvt sector firms
Re stronger by 4 paise against dollar
Sensex loses 120 points
Cement shares hit by TN govt's threat
Audi A6 to get cheaper by up to Rs 2.1 lakh
Rajesh Exports sees FY08 net profit at Rs 200 crore
Laterals begin with record Rs 40-lakh offer at IIM-Kozhikode
India emerges as global centre for animators
Stocks to watch on Thursday
Power, energy shares outperform in choppy trade
Indian stock markets third best performing in the world
R-Power IPO: You can pay in phases
UTI Asset overtakes ICICI Pru as No. 2
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Top executives make crores by encashing stock options : ET
Top executives make crores by encashing stock options
Forget year-end bonuses. India Inc’s professionals have capitalised on the market boom to make some serious money in the last quarter of 2007. With the market at record levels, several big shots encashed crores by selling part of their stock options in the last three months.
While several of them pulled out a few lakhs, some big shots including Vineet Nayyar of Tech Mahindra, HDFC’s Deepak Parekh and Renu Karnad, AM Naik and VK Magapu of L&T and PB Kashyap of Ambuja Cement have grossed crores in the run-up to the new year. The biggest gainer was Tech Mahindra MD Vineet Nayyar, who encashed Rs 23 crore last week.
The head of the outsourcing firm which went public in 2006 is still sitting on a neat pile. Given the outstanding shares in his name, Mr Nayyar currently owns Tech Mahindra shares worth a little over Rs 140 crore, which would place him among the best compensated chief executives in the country. Among other well-known names, HDFC's Deepak Parekh and Renu Karnad sold shares worth Rs 9.3 crore each in mid-December. They had earlier sold shares worth about Rs 5 crore each in late September. And that’s not all.
The current value of the shares that Ms Karnad holds adds up to Rs 45.45 crore or more than $11 million, while that of Mr Parekh stands at Rs 60 crore or about $15 million. Some of the other board members of HDFC also encashed a part of their holdings. For instance, SB Patel has encashed about Rs 1.38 crore at the fag end of October, while NM Munjee, an independent director in HDFC and currently chairman of Development Credit Bank, encashed about Rs 92 lakh through multiple transactions over the last eight weeks. It's not just the service sector companies whose top execs have hit bull’s eye.
Take engineering and construction giant Larsen & Toubro (L&T), which has been facing succession issues. The company, which had to extend the retirement age of its top management, including its chairman and managing director, has created quite a few millionaires. L&T chairman and managing director AM Naik sold shares worth Rs 8.6 crore between end of October and early November.
Among others, whole-time director VK Magapu encashed Rs 8.5 crore while RN Mukhija and KV Ramaswami pulled out approximately Rs 87 lakh and Rs 84 lakh respectively.
Source: http://economictimes.indiatimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Forget year-end bonuses. India Inc’s professionals have capitalised on the market boom to make some serious money in the last quarter of 2007. With the market at record levels, several big shots encashed crores by selling part of their stock options in the last three months.
While several of them pulled out a few lakhs, some big shots including Vineet Nayyar of Tech Mahindra, HDFC’s Deepak Parekh and Renu Karnad, AM Naik and VK Magapu of L&T and PB Kashyap of Ambuja Cement have grossed crores in the run-up to the new year. The biggest gainer was Tech Mahindra MD Vineet Nayyar, who encashed Rs 23 crore last week.
The head of the outsourcing firm which went public in 2006 is still sitting on a neat pile. Given the outstanding shares in his name, Mr Nayyar currently owns Tech Mahindra shares worth a little over Rs 140 crore, which would place him among the best compensated chief executives in the country. Among other well-known names, HDFC's Deepak Parekh and Renu Karnad sold shares worth Rs 9.3 crore each in mid-December. They had earlier sold shares worth about Rs 5 crore each in late September. And that’s not all.
The current value of the shares that Ms Karnad holds adds up to Rs 45.45 crore or more than $11 million, while that of Mr Parekh stands at Rs 60 crore or about $15 million. Some of the other board members of HDFC also encashed a part of their holdings. For instance, SB Patel has encashed about Rs 1.38 crore at the fag end of October, while NM Munjee, an independent director in HDFC and currently chairman of Development Credit Bank, encashed about Rs 92 lakh through multiple transactions over the last eight weeks. It's not just the service sector companies whose top execs have hit bull’s eye.
Take engineering and construction giant Larsen & Toubro (L&T), which has been facing succession issues. The company, which had to extend the retirement age of its top management, including its chairman and managing director, has created quite a few millionaires. L&T chairman and managing director AM Naik sold shares worth Rs 8.6 crore between end of October and early November.
Among others, whole-time director VK Magapu encashed Rs 8.5 crore while RN Mukhija and KV Ramaswami pulled out approximately Rs 87 lakh and Rs 84 lakh respectively.
Source: http://economictimes.indiatimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
India's top businesswomen : ET
India's top businesswomen
Chanda KoccharExecutive Director, ICICI BankMs Chanda Kochhar joined ICICI as a Management Trainee in 1984. She heads the Corporate Centre of the Bank, is the Chief Financial Officer (CFO) and is also the official spokesperson for ICICI Bank.
Her responsibilities include the global treasury, principal investments & trading, risk management and legal functions. Also responsible for day-to-day guidance and administrative matters. She did her Masters in Management Studies from the Jamnalal Bajaj Institute of Management Studies, Mumbai where she topped her batch and received the Wockhardt Gold Medal for Excellence in Management Studies.Ms Kochhar was born on November 17, 1961, in Jodhpur, Rajasthan. Presently, she resides in Mumbai and is married and has a daughter and a son.
More List @ http://economictimes.indiatimes.com/quickiearticleshow/2639132.cms
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Chanda KoccharExecutive Director, ICICI BankMs Chanda Kochhar joined ICICI as a Management Trainee in 1984. She heads the Corporate Centre of the Bank, is the Chief Financial Officer (CFO) and is also the official spokesperson for ICICI Bank.
Her responsibilities include the global treasury, principal investments & trading, risk management and legal functions. Also responsible for day-to-day guidance and administrative matters. She did her Masters in Management Studies from the Jamnalal Bajaj Institute of Management Studies, Mumbai where she topped her batch and received the Wockhardt Gold Medal for Excellence in Management Studies.Ms Kochhar was born on November 17, 1961, in Jodhpur, Rajasthan. Presently, she resides in Mumbai and is married and has a daughter and a son.
More List @ http://economictimes.indiatimes.com/quickiearticleshow/2639132.cms
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India's top businesswomen : ET
Moneycontrol, Myiris Updates
Moneycontrol.com
Indian valuations can get re-rated like China: ICICI Pru
Mkts in midst of structural bull-run: Edelweiss
Ford to focus on detailed talks with Tata Motors
Fuel price hike not the only option: Murli Deora
Outlook ahead: IT, banking, power
Burnpur Vs BGR: Which one made you richer?
Quiet day of trading despite global weakness
Immediate focus on excess cap inflows: Reddy
BoB may divest 12.5% stake in UTI AMC IPO
TN govt threatens to nationalise cem cos
Stellar Listing for BGR Energy Systems IPO
Deutsche Bank expects 25 bps Fed cut in Jan
-------------------------------------------
Myiris.com
FIIs turn net sellers in equities worth Rs 2,445 mn on Jan. 2
Indo Asian Fusegear starts new Switchgear plant
Jindal Saw secures orders worth USD 250 mn
SAIL & Tata Steel forms JV for coal mining in India
Brokers Outlook: Volatility to continue
GM Breweries Q3 net jumps 86.02%
Tulip IT Services secures project worth Rs 577.2 mn
Reliance MF launches Natural Resource Fund
Parsvnath to to set up Pharma SEZ in Nanded
Equity funds outperform in 2007
Genus Power secures Rs 1.25 bn order
GVK Power gets orders worth Rs 1.25 bn
SAIL Q3 results on Jan 29
Jindal Steel gets Bolivian Govt.`s approval for steel plant
Celestial Labs net dips 45.55% for Dec`07 qtr
Supreme Infra. bags Rs 720 mn order from TMC
IOC may tie up with Peerless to sell financial products
MTNL may get pan-India mobile licence
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Indian valuations can get re-rated like China: ICICI Pru
Mkts in midst of structural bull-run: Edelweiss
Ford to focus on detailed talks with Tata Motors
Fuel price hike not the only option: Murli Deora
Outlook ahead: IT, banking, power
Burnpur Vs BGR: Which one made you richer?
Quiet day of trading despite global weakness
Immediate focus on excess cap inflows: Reddy
BoB may divest 12.5% stake in UTI AMC IPO
TN govt threatens to nationalise cem cos
Stellar Listing for BGR Energy Systems IPO
Deutsche Bank expects 25 bps Fed cut in Jan
-------------------------------------------
Myiris.com
FIIs turn net sellers in equities worth Rs 2,445 mn on Jan. 2
Indo Asian Fusegear starts new Switchgear plant
Jindal Saw secures orders worth USD 250 mn
SAIL & Tata Steel forms JV for coal mining in India
Brokers Outlook: Volatility to continue
GM Breweries Q3 net jumps 86.02%
Tulip IT Services secures project worth Rs 577.2 mn
Reliance MF launches Natural Resource Fund
Parsvnath to to set up Pharma SEZ in Nanded
Equity funds outperform in 2007
Genus Power secures Rs 1.25 bn order
GVK Power gets orders worth Rs 1.25 bn
SAIL Q3 results on Jan 29
Jindal Steel gets Bolivian Govt.`s approval for steel plant
Celestial Labs net dips 45.55% for Dec`07 qtr
Supreme Infra. bags Rs 720 mn order from TMC
IOC may tie up with Peerless to sell financial products
MTNL may get pan-India mobile licence
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CoolAvenues Top Job alerts
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Finance Executive : Big 92.7 FM
http://www.coolavenues.com/jobs/1207_1_1511.php
Research Specialist : A Leading Pan-European Investment House http://www.coolavenues.com/jobs/1207_1_1502.php
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Debt Dealer : A Leading AMC in India http://www.coolavenues.com/jobs/1207_1_1504.php
Information Research Analyst : 100% Subsidiary of a Leading Bank http://www.coolavenues.com/jobs/1207_1_1521.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Manager - Business Planning & Analysis : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1527.php
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AVP - Finance : Largest Electronic Channel http://www.coolavenues.com/jobs/1207_1_1528.php
Relationship Manager - Banc Assurance : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1538.php
Associate Manager - Corporate Sales : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1539.php
Business Manager : A Leading Global Investment Bank http://www.coolavenues.com/jobs/1207_1_1544.php
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General Manager - OOH Division (Big Street) : Big 92.7 FM http://www.coolavenues.com/jobs/1207_1_1513.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Team Leader - Operations : A Leading Bank http://www.coolavenues.com/jobs/1207_1_1519.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Head / VP - Manufacturing (India) - Plastic Packaging (Blow & Injection) : One of the Top-3 Global Giants in Plastic Packaging / Processing http://www.coolavenues.com/jobs/1207_1_1541.php
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Associate / Sr. Associate / AVP / VP - Private Equity : A Leading Global Private Equity http://www.coolavenues.com/jobs/1207_1_1482.php
Senior Manager : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1483.php
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Multiple Openings in Asset Reconstruction : One of the Leading Fortune 500 Investment Banks http://www.coolavenues.com/jobs/1207_1_1485.php
Opening in Internal Audit : A Leading Global Fortune 500 Company http://www.coolavenues.com/jobs/1207_1_1486.php
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Finance / Banking Positions
Finance Executive : Big 92.7 FM
http://www.coolavenues.com/jobs/1207_1_1511.php
Research Specialist : A Leading Pan-European Investment House http://www.coolavenues.com/jobs/1207_1_1502.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Debt Dealer : A Leading AMC in India http://www.coolavenues.com/jobs/1207_1_1504.php
Information Research Analyst : 100% Subsidiary of a Leading Bank http://www.coolavenues.com/jobs/1207_1_1521.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Manager - Business Planning & Analysis : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1527.php
VP / Sr. VP - Emerging Corporates : A Leading Private Sector Bank http://www.coolavenues.com/jobs/1207_1_1526.php
AVP - Finance : Largest Electronic Channel http://www.coolavenues.com/jobs/1207_1_1528.php
Relationship Manager - Banc Assurance : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1538.php
Associate Manager - Corporate Sales : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1539.php
Business Manager : A Leading Global Investment Bank http://www.coolavenues.com/jobs/1207_1_1544.php
---------------------------------------------------------
Operations Management
General Manager - OOH Division (Big Street) : Big 92.7 FM http://www.coolavenues.com/jobs/1207_1_1513.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Team Leader - Operations : A Leading Bank http://www.coolavenues.com/jobs/1207_1_1519.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Head / VP - Manufacturing (India) - Plastic Packaging (Blow & Injection) : One of the Top-3 Global Giants in Plastic Packaging / Processing http://www.coolavenues.com/jobs/1207_1_1541.php
---------------------------------------------------------
Finance / Banking Positions
Associate / Sr. Associate / AVP / VP - Private Equity : A Leading Global Private Equity http://www.coolavenues.com/jobs/1207_1_1482.php
Senior Manager : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1483.php
Associate : A Leading KPO http://www.coolavenues.com/jobs/1207_1_1484.php
Multiple Openings in Asset Reconstruction : One of the Leading Fortune 500 Investment Banks http://www.coolavenues.com/jobs/1207_1_1485.php
Opening in Internal Audit : A Leading Global Fortune 500 Company http://www.coolavenues.com/jobs/1207_1_1486.php
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Free Job Listing & PR Listing
Analysts Meet - Reliance Power
NSE Burnpur Deals
Market Close: Global weakness weighs
Nifty January 2008 futures at discount
BGR Energy Systems - rewards investors well
Burnpur Cement - the stunner
Nucleus Software Exports
India IT, HPCL, IOC, Castrol, Colgate, Automobiles
Post Market Commentary - Jan 3 2008
Sensex dips on US recession fears
Market drifts lower
HDFC Real Estate PMS
Balaji Telefilms
Mindtree Consulting
Oil worries may drag market
Grey Market - Future Capital, Reliance Power
Lower start, raise your standard
Reliance Power - Part Payment Option
Ahluwalia Contracts India
REITs - Positive for Real Estate
Q3FY2008 IT Earnings Preview
NSE Bulk Deal Watch - Jan 3 2008
India best performing markets
Precious metals glitter
Crude at $100
Reliance Energy - the story
Reliance Power - the biggest IPO to hit the market...
Best Regional Investors in India
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Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd
Corporation Ltd.Industry:Air Conditioners
Recommendation:Performer
MOre @ Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd Corporation Ltd.
----------------------------------------------
Company:Bayer Cropscience Ltd.
Industry:Pesticides/Agro Chemicals
Recommendation:Performer
More @ Bayer Cropscience Ltd Stock Report
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Free Job Listing & PR Listing
Analysts Meet - Reliance Power
NSE Burnpur Deals
Market Close: Global weakness weighs
Nifty January 2008 futures at discount
BGR Energy Systems - rewards investors well
Burnpur Cement - the stunner
Nucleus Software Exports
India IT, HPCL, IOC, Castrol, Colgate, Automobiles
Post Market Commentary - Jan 3 2008
Sensex dips on US recession fears
Market drifts lower
HDFC Real Estate PMS
Balaji Telefilms
Mindtree Consulting
Oil worries may drag market
Grey Market - Future Capital, Reliance Power
Lower start, raise your standard
Reliance Power - Part Payment Option
Ahluwalia Contracts India
REITs - Positive for Real Estate
Q3FY2008 IT Earnings Preview
NSE Bulk Deal Watch - Jan 3 2008
India best performing markets
Precious metals glitter
Crude at $100
Reliance Energy - the story
Reliance Power - the biggest IPO to hit the market...
Best Regional Investors in India
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Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd
Corporation Ltd.Industry:Air Conditioners
Recommendation:Performer
MOre @ Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd Corporation Ltd.
----------------------------------------------
Company:Bayer Cropscience Ltd.
Industry:Pesticides/Agro Chemicals
Recommendation:Performer
More @ Bayer Cropscience Ltd Stock Report
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BGR Energy, Burnpur IPO listings ended with Good premium
BGR Energy Systems ends with 88% premium
BGR Energy Systems, a supplier of systems and equipment for the power, oil & gas, refinery, petrochemical and process industries, has closed at Rs 902, up 87.92% over its offer price of Rs 480 per share. The stock has hit a high of Rs 922.70 and remained above Rs 900 for most part of the day on the NSE.
The turnover was at Rs 740 crore and it traded with volumes of 82,29,039 shares.
BG Raghupathy, CMD, BGR Energy Systems informed CNBC-TV18 that the company has a total order book of Rs 3300 crore on January 1. Its export order book Rs 490 crore, he added. For the next two months, exports will be Rs 200 crore, he said. The company will focus more on power projects and oil & gas business, he said.
Raghupathy reminded that last year, the company’s revenues were at Rs 500 crore. This, BGR Energy Systems has crossed in the first two quarters this year, he added.
On the BSE, the share opened at Rs 801 and touched a high of Rs 940 in early trade. It closed at Rs 901.30, with volumes of 43,74,390 shares.
The company had entered capital market with a public issue of 91.36 lakh equity shares of Rs 10 each. The price band was at Rs 425 to Rs 480 per equity share. The issue was subscribed 119.54 times.
The company proposes to utilize the net proceeds of the issue to augment long term working capital requirements, expand production capacity by establishing additional manufacturing facilities in India, China and the Middle East and fund expenditure for general corporate purposes.
BGR Energy to focus on power and oil & gas biz
----------------------------------------------------------
Burnpur Cement closes with 314% premium
Burnpur Cement (BCL), one of the established cement manufacturers of Eastern India, has got fantastic listing today, has ended the day at Rs 49.70, up 314.17% over its offer price of Rs 12 per share. It had opened at Rs 15 and touched an intraday high of Rs 50.50 (a jump of 320.83%) on the NSE. It was a huge upmove by a smallcap stock and top performer amongst new listings.
It traded with volumes of 15,27,48,815 equity shares and turnover was at Rs 610 crore.
It traded with volumes of 18 crore shares during the day on the NSE and BSE as against total equity of the company of 4.3 crore shares, more than 4 times its total equity. Nearly 1.5 crore shares of Burnpur Cement changed hands on the bourses in multiple deals.
Ashok Gutgutia, VC & MD, Burnpur Cement informed CNBC-TV18 that the company sees its FY09 turnover at Rs 95 crore and PAT at Rs 10-11 crore. Gutgutia estimates the company’s FY08 sales at Rs 35 crore. Burnpur Cement’s new plant would be commissioned by October- November this year, he added.
It started the day at Rs 18.45 on the BSE and touched a high/low of Rs 49 and Rs 17.8, respectively. The stock ended at Rs 46.35. The trading volumes were 1,17,21,58,56 shares.
The company had offered its 219 lakh shares of Rs 10 each for cash at a premium of Rs 2 per share. The issue had subscribed 15.19 times. Burnpur Cement had proposed a backward integration by setting up an 800 TPD capacity Clinkerisation and Cement grinding unit expandable to 1,600 TPD at Patratu in the Hazaribagh District of Jharkhand for manufacturing Clinker, Ordinary Portland Cement (OPC), Portland Pozzolona Cement (PPC) and Portland Slag Cement (PSC).
Burnpur Cement sees FY09 turnover at Rs 95 cr
-------------------------------------------
How Burnpur Cem made investors RICH than BGR Energy?
Future Cap Holdings sets IPO price band at Rs 700-765/sh
Rel Power IPO opens on Jan 15, to raise Rs 10500-11500 Cr
Source: http://www.moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
BGR Energy Systems, a supplier of systems and equipment for the power, oil & gas, refinery, petrochemical and process industries, has closed at Rs 902, up 87.92% over its offer price of Rs 480 per share. The stock has hit a high of Rs 922.70 and remained above Rs 900 for most part of the day on the NSE.
The turnover was at Rs 740 crore and it traded with volumes of 82,29,039 shares.
BG Raghupathy, CMD, BGR Energy Systems informed CNBC-TV18 that the company has a total order book of Rs 3300 crore on January 1. Its export order book Rs 490 crore, he added. For the next two months, exports will be Rs 200 crore, he said. The company will focus more on power projects and oil & gas business, he said.
Raghupathy reminded that last year, the company’s revenues were at Rs 500 crore. This, BGR Energy Systems has crossed in the first two quarters this year, he added.
On the BSE, the share opened at Rs 801 and touched a high of Rs 940 in early trade. It closed at Rs 901.30, with volumes of 43,74,390 shares.
The company had entered capital market with a public issue of 91.36 lakh equity shares of Rs 10 each. The price band was at Rs 425 to Rs 480 per equity share. The issue was subscribed 119.54 times.
The company proposes to utilize the net proceeds of the issue to augment long term working capital requirements, expand production capacity by establishing additional manufacturing facilities in India, China and the Middle East and fund expenditure for general corporate purposes.
BGR Energy to focus on power and oil & gas biz
----------------------------------------------------------
Burnpur Cement closes with 314% premium
Burnpur Cement (BCL), one of the established cement manufacturers of Eastern India, has got fantastic listing today, has ended the day at Rs 49.70, up 314.17% over its offer price of Rs 12 per share. It had opened at Rs 15 and touched an intraday high of Rs 50.50 (a jump of 320.83%) on the NSE. It was a huge upmove by a smallcap stock and top performer amongst new listings.
It traded with volumes of 15,27,48,815 equity shares and turnover was at Rs 610 crore.
It traded with volumes of 18 crore shares during the day on the NSE and BSE as against total equity of the company of 4.3 crore shares, more than 4 times its total equity. Nearly 1.5 crore shares of Burnpur Cement changed hands on the bourses in multiple deals.
Ashok Gutgutia, VC & MD, Burnpur Cement informed CNBC-TV18 that the company sees its FY09 turnover at Rs 95 crore and PAT at Rs 10-11 crore. Gutgutia estimates the company’s FY08 sales at Rs 35 crore. Burnpur Cement’s new plant would be commissioned by October- November this year, he added.
It started the day at Rs 18.45 on the BSE and touched a high/low of Rs 49 and Rs 17.8, respectively. The stock ended at Rs 46.35. The trading volumes were 1,17,21,58,56 shares.
The company had offered its 219 lakh shares of Rs 10 each for cash at a premium of Rs 2 per share. The issue had subscribed 15.19 times. Burnpur Cement had proposed a backward integration by setting up an 800 TPD capacity Clinkerisation and Cement grinding unit expandable to 1,600 TPD at Patratu in the Hazaribagh District of Jharkhand for manufacturing Clinker, Ordinary Portland Cement (OPC), Portland Pozzolona Cement (PPC) and Portland Slag Cement (PSC).
Burnpur Cement sees FY09 turnover at Rs 95 cr
-------------------------------------------
How Burnpur Cem made investors RICH than BGR Energy?
Future Cap Holdings sets IPO price band at Rs 700-765/sh
Rel Power IPO opens on Jan 15, to raise Rs 10500-11500 Cr
Source: http://www.moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Rediff, Rupya.com Stories
Rediff.com
India's top 5 mutual fund houses
State-run UTI Mutual fund has toppled private sector ICICI [Get Quote] Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance [Get Quote] MF has retained its top position.
According to latest data available with Association of Mutual Funds in India, total asset under management (AUM) with 31 mutual funds stood at Rs 5,18,123 crore (Rs 5,181.23 billion) at the end of December, 2007.
There are 32 fund houses in the country but December data for Birla Sun Life Mutual fund was not available.A month ago, the total AUM of the mutual fund industry stood at Rs 5,37,812 crore (Rs 5,378.12 billion).
Top 5 MF houses
1 Reliance MF
2 UTI MF
3 ICICI Prudential
4 HDFC [Get Quote] MF
5 Franklin Templeton
The country's top five fund houses -- Reliance MF, UTI MF, ICICI Prudential, HDFC MF and Franklin Templeton recorded an increase in their assets under management.
Reliance MF's AUM rose to Rs 80,780 crore (Rs 807.80 billion) from Rs 77,765 crore (Rs 777.65 billion) a month ago, while that of UTI and ICICI Pru rose from Rs 52,180 crore (Rs 521.80 billion) to Rs 56,854 crore (Rs 568.54 billion) and from Rs 54,904 crore (Rs 549.04 billion) to Rs 56,772 crore (Rs 567.72 billion), respectively. These figures exclude AUMs for Fund of Funds.
HDFC MF's AUM rose from Rs 46,752 crore (Rs 467.52 billion) to Rs 48,561 crore (Rs 485.61 billion), while that of Franklin Templeton surged from Rs 30,773 crore (Rs 307.73 billion) to Rs 31,175 crore (Rs 311.75 billion).
BOB, DSP Merrill Lynch, Escorts, Fidelity, JM Financial [Get Quote], JP Morgan, LIC [Get Quote], Lotus India, Morgan Stanley, Quantum, Sahara, SBI [Get Quote], Sundaram BNP Paribas, Tata and Taurus mutual funds also saw a rise in their AUMs.
However, assets under managements of ABN Amro, AIG Global Investment Group, Benchmark, Canara Robeco, DBS Chola, Deutsche, HSBC, ING, Kotak Mahindra, Principal and Standard Chartered Mutual funds declined during the month.
Jaguar sale: Tatas preferred biddder
Special: India's best Ulips
What investors MUST do in 2008
How to market your new idea
8 steps to make money from IPOs
---------------------------------------------------------------
Rupya.com
Reliance Natural Resources Fund
Reliance Power IPO - Rated 4 out of 5 by CRISIL
Mini Sensex - BSE Launches Mini Sensex
Suzlon Energy Stock Split/Sub Division - Record Date
Rajesh Exports Bonus and Split - Record Date is Feb 05 2007
Speciality Papers Bonus Issue
Jindal Saw received orders worth 1000 crore
Everonn Systems India Acquires part of ABAN Informatics
Ambuja export bags export order worth 200 crore
Parsvnath Developers bags IT Park Project
Maruti Suzuki December 2007 Auto sales
Source: Above sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
India's top 5 mutual fund houses
State-run UTI Mutual fund has toppled private sector ICICI [Get Quote] Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance [Get Quote] MF has retained its top position.
According to latest data available with Association of Mutual Funds in India, total asset under management (AUM) with 31 mutual funds stood at Rs 5,18,123 crore (Rs 5,181.23 billion) at the end of December, 2007.
There are 32 fund houses in the country but December data for Birla Sun Life Mutual fund was not available.A month ago, the total AUM of the mutual fund industry stood at Rs 5,37,812 crore (Rs 5,378.12 billion).
Top 5 MF houses
1 Reliance MF
2 UTI MF
3 ICICI Prudential
4 HDFC [Get Quote] MF
5 Franklin Templeton
The country's top five fund houses -- Reliance MF, UTI MF, ICICI Prudential, HDFC MF and Franklin Templeton recorded an increase in their assets under management.
Reliance MF's AUM rose to Rs 80,780 crore (Rs 807.80 billion) from Rs 77,765 crore (Rs 777.65 billion) a month ago, while that of UTI and ICICI Pru rose from Rs 52,180 crore (Rs 521.80 billion) to Rs 56,854 crore (Rs 568.54 billion) and from Rs 54,904 crore (Rs 549.04 billion) to Rs 56,772 crore (Rs 567.72 billion), respectively. These figures exclude AUMs for Fund of Funds.
HDFC MF's AUM rose from Rs 46,752 crore (Rs 467.52 billion) to Rs 48,561 crore (Rs 485.61 billion), while that of Franklin Templeton surged from Rs 30,773 crore (Rs 307.73 billion) to Rs 31,175 crore (Rs 311.75 billion).
BOB, DSP Merrill Lynch, Escorts, Fidelity, JM Financial [Get Quote], JP Morgan, LIC [Get Quote], Lotus India, Morgan Stanley, Quantum, Sahara, SBI [Get Quote], Sundaram BNP Paribas, Tata and Taurus mutual funds also saw a rise in their AUMs.
However, assets under managements of ABN Amro, AIG Global Investment Group, Benchmark, Canara Robeco, DBS Chola, Deutsche, HSBC, ING, Kotak Mahindra, Principal and Standard Chartered Mutual funds declined during the month.
Jaguar sale: Tatas preferred biddder
Special: India's best Ulips
What investors MUST do in 2008
How to market your new idea
8 steps to make money from IPOs
---------------------------------------------------------------
Rupya.com
Reliance Natural Resources Fund
Reliance Power IPO - Rated 4 out of 5 by CRISIL
Mini Sensex - BSE Launches Mini Sensex
Suzlon Energy Stock Split/Sub Division - Record Date
Rajesh Exports Bonus and Split - Record Date is Feb 05 2007
Speciality Papers Bonus Issue
Jindal Saw received orders worth 1000 crore
Everonn Systems India Acquires part of ABAN Informatics
Ambuja export bags export order worth 200 crore
Parsvnath Developers bags IT Park Project
Maruti Suzuki December 2007 Auto sales
Source: Above sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Rel Power IPO opens on Jan 15
Rel Power IPO opens on Jan 15
Moneycontrol.com
Reliance Power today filed the red herring prospectus (RHP) with the Registrar of Companies, Maharshtra, Mumbai (ROC), for its proposed initial public offering (IPO).
Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share. To enable large participation by retail investors, Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price. Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment. The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008. Reliance Power, through this IPO proposes to raise approximately Rs 10,500 - 11,500 crores - the largest IPO in the history of the Indian capital markets.
Reliance Power proposes to issue 26 crore equity shares of Rs 10 each including a promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters. The balance 22.8 crore equity shares would constitute the net issue to the public. The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Reliance Power is part of the Reliance Anil Dhirubhai Ambani group and is currently engaged in the construction and development of various gas and coal based thermal power projects and hydro power projects in various parts of the country, of over 28,000 MW capacity - the largest development pipeline in the country.
The issue proceeds are proposed to be utilized for funding subsidiaries to part-finance the construction and development costs of the various projects under development and for general corporate purposes. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.
Kotak Mahindra Capital Company Limited, UBS Securities India Private Limited, ABN AMRO Securities (India) Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited and J.P. Morgan India Private Limited are acting as the Book Running Lead Managers to the Issue whilst Macquarie India Advisory Services Private Limited and SBI Capital Markets Limited are acting as Co-Book Running Lead Managers. Amarchand & Mangaldas & Suresh A. Shroff & Co. is advising the Company whilst Cleary Gottlieb Steen & Hamilton and J. Sagar and Associates are advising the BRLMs and CBRLMs in relation to the issue.
--------------------------------------------------
Reliance Power IPO opening on Jan 15th 2008
Rupya.com
Issue Details
Reliance Power to issue 26 crore equity shares of Rs 10 each
Issue Contribution :>Promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters.
>The balance 22.8 crore equity shares would constitute the net issue to the public.
>The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Issue Price :Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.For Retailers we can apply at 430 rs ,which is approximately less by 5% of theissue price.so we get at discounted rate by 20 rs.
Payment Option : Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment.
Issue Date :The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.
Other related articles:
Rel Power IPO opens Jan 15; eyes Rs 115 bn
Source: Above Sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Moneycontrol.com
Reliance Power today filed the red herring prospectus (RHP) with the Registrar of Companies, Maharshtra, Mumbai (ROC), for its proposed initial public offering (IPO).
Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share. To enable large participation by retail investors, Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price. Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment. The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008. Reliance Power, through this IPO proposes to raise approximately Rs 10,500 - 11,500 crores - the largest IPO in the history of the Indian capital markets.
Reliance Power proposes to issue 26 crore equity shares of Rs 10 each including a promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters. The balance 22.8 crore equity shares would constitute the net issue to the public. The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Reliance Power is part of the Reliance Anil Dhirubhai Ambani group and is currently engaged in the construction and development of various gas and coal based thermal power projects and hydro power projects in various parts of the country, of over 28,000 MW capacity - the largest development pipeline in the country.
The issue proceeds are proposed to be utilized for funding subsidiaries to part-finance the construction and development costs of the various projects under development and for general corporate purposes. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.
Kotak Mahindra Capital Company Limited, UBS Securities India Private Limited, ABN AMRO Securities (India) Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited and J.P. Morgan India Private Limited are acting as the Book Running Lead Managers to the Issue whilst Macquarie India Advisory Services Private Limited and SBI Capital Markets Limited are acting as Co-Book Running Lead Managers. Amarchand & Mangaldas & Suresh A. Shroff & Co. is advising the Company whilst Cleary Gottlieb Steen & Hamilton and J. Sagar and Associates are advising the BRLMs and CBRLMs in relation to the issue.
--------------------------------------------------
Reliance Power IPO opening on Jan 15th 2008
Rupya.com
Issue Details
Reliance Power to issue 26 crore equity shares of Rs 10 each
Issue Contribution :>Promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters.
>The balance 22.8 crore equity shares would constitute the net issue to the public.
>The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Issue Price :Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.For Retailers we can apply at 430 rs ,which is approximately less by 5% of theissue price.so we get at discounted rate by 20 rs.
Payment Option : Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment.
Issue Date :The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.
Other related articles:
Rel Power IPO opens Jan 15; eyes Rs 115 bn
Source: Above Sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Labels:
Rel Power IPO opens on Jan 15
Sensex ends 120 pts down : Sify
Power stocks, led by Reliance Energy and, oil majors, spearheaded by heavyweight Reliance Industries, held sway even as stocks from banking, information technology, realty, healthcare and FMCG sectors drifted lower on sustained selling today.
The market, taking weak global cues, opened on a negative note this morning. Though the Sensex bounced back smartly within the next few minutes, due to stiff resistance faced by several frontline stocks, it slipped into the red once again. The Nifty, which shot up to a new high of 6230.15 a little before noon, however, stayed firm in the positive zone for a long time thanks to the strength displayed by its power and oil sector components.
While the Sensex, which touched a high of 20,519.70 and a low of 20,293.87 in intra-day trades, ended at 20,345.20 with a big loss of 0.59% or 120.10 points, the Nifty settled at 6178.55, almost unchanged from its previous closing figure of 6179.40.
Several mid and smallcap stocks firmed up to higher levels and held on to their gains till a little past mid afternoon. As selling pressure gathered force during the final hour, even these stocks began to drift lower. The Midcap and Smallcap barometers ended marginally down.
Though shares of Reliance Energy were in great demand, it was NTPC, which moved up by 7.6% to Rs 276.70, which ended as the biggest gainer from the Sensex pack today. Reliance Energy, which hit a new lifetime high of Rs 2585 (Rs 2584.80 on NSE), settled with a 6.45% gain at Rs 2517.40.
ONGC (up 2.9% to Rs 1305.90) and Reliance Industries (up 1.45% to Rs 2902.90) and Hindustan Unilever (up 3.55% to Rs 222.95) were the other Sensex stocks in demand today. DLF ended higher by around a quarter per cent while Reliance Communications and Tata Motors closed with minor gains.
IT majors Infosys Technologies (down 2.05%), Satyam Computer Services (down 2.3%), Tata Consultancy Services (down 2.95%) and Wipro (down 3%) and banking sector heavyweights ICICI Bank (down 3%), State Bank of India (down 1%) and HDFC Bank (down 1.2%) contributed significantly to the market's negative close today.
Grasim Industries ended lower by around 4%. ACC, Ambuja Cements, Bharti Airtel, BHEL, Cipla, Hindalco, ITC, Larsen & Toubro, Mahindra & Mahindra, Maruti Suzuki and Ranbaxy Laboratories lost 1% - 3% today. Tata Steel (down 0.85%) and Bajaj Auto (down 0.75%) also closed with sharp losses. HDFC eased by 0.35%.
Nifty stocks Cairn India (4.7%), BPCL (4.1%), Tata Power (3.85%), Suzlon Energy (2.45%), Reliance Petroleum (2%) and GAIL India (1.3%) finished on a firm note.
VSNL, Dr Reddy's Laboratories, Sun Pharmaceuticals, SAIL, Unitech, Sterlite Industries, HCL Technologies, Punjab National Bank, Siemens and GlaxoSmithKline Pharma ended with sharp losses today.
Gujarat Industries & Power hit the 20% upper limit. Moser Baer ended with a hefty gain of 11.45%. Hindustan Petroleum Corporation, Neyveli Lignite Corporation, Jaiprakash Associates, EIH Limited, Hinduja Ventures, Colgate Palmolive, Jindal Saw, HMT, National Fertilizers, Rashtriya Chemicals & Fertilizers, Finolex Industries and Tata Elxsi also closed on a high note.
Indo Rama Synthetics, Spice Telecom, FDC, Mirc Electronics, Castrol India, VSNL, ING Vysya Bank, CMC, Kotak Bank, Apollo Tyre, Hexaware, Ballarpur Industries and Puravankara Projects closed with sharp losses.
The market breadth remained positive thanks to buying in midcap and smallcap segments. Out of 2954 stocks traded on BSE today, 1613 stocks closed with gains. 1320 stocks ended lower and 21 stocks ended at their previous closing levels.
On a very weak session, new entrants Burnpur Cement and BGR Energy stood tall. While Burnpur Cement ended the day at Rs 49.70, a massive gain of 314.2% over its issue price, BGR Energy settled at Rs 902, up 88% over its IPO price of Rs 480. Both these stocks attracted strong volumes on the bourses.
Other Sify stories
Source: http://www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
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Sensex ends 120 pts down : Sify
01 January 2008
Economic Times Stories
http://economictimes.indiatimes.com/
India Inc to unlock Rs 50K cr from group cos
Experts' view on Mkt '08
India Inc to face retention issues in 2008
India Inc's business confidence picks up
India Inc falters, net profit rises at a slower rate in H1 '07-08
Bankers look to a happy rate-cut 2008
FM unfazed by global concerns, aims for 9% growth
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Top brands spend Rs 150 cr to start 2008 with a bang
Govt likely to arm NTPC with financial power
Goa govt scraps 12 SEZs
Sensex mini derivatives MSX at 113 premium
Indices kick start New Year on flat note
Midcap, smallcap buzz amid range bound trade
Weak start to 2008; mid-, small-caps steal show
Indices range-bound; Reliance Energy, ITC lead
M&A wave likely to continue in '08
Expect PE deals to have a blast this year
Bourses pull up over 100 companies in 2007
2008 promises bigger opportunities for IT industry
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
India Inc to unlock Rs 50K cr from group cos
Experts' view on Mkt '08
India Inc to face retention issues in 2008
India Inc's business confidence picks up
India Inc falters, net profit rises at a slower rate in H1 '07-08
Bankers look to a happy rate-cut 2008
FM unfazed by global concerns, aims for 9% growth
--------------------------------------------------------
Top brands spend Rs 150 cr to start 2008 with a bang
Govt likely to arm NTPC with financial power
Goa govt scraps 12 SEZs
Sensex mini derivatives MSX at 113 premium
Indices kick start New Year on flat note
Midcap, smallcap buzz amid range bound trade
Weak start to 2008; mid-, small-caps steal show
Indices range-bound; Reliance Energy, ITC lead
M&A wave likely to continue in '08
Expect PE deals to have a blast this year
Bourses pull up over 100 companies in 2007
2008 promises bigger opportunities for IT industry
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Deadpresident Blog Updates
http://www.deadpresident.blogspot.com
NSE Bulk Deal Watch
Market Close: Cautious start but its mid caps time !
BSE Bulk Deals to Watch
Insider Trading - SEBI proposes consultative paper
Reliance Power - ICRA assigns 4/5 Rating
Post Market Commentary
Sensex gains in lacklustre New Year trades
Sensex settles a tad above 20,300
Strategy, Economy, HDFC
Godrej land bank unlocking
Biggies sell
Tata Chemicals
Ankur Drugs
Macmillan India
US Market ends 2007 with a whimper
Transformers Sector
Source: http://www.deadpresident.blogspot.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
NSE Bulk Deal Watch
Market Close: Cautious start but its mid caps time !
BSE Bulk Deals to Watch
Insider Trading - SEBI proposes consultative paper
Reliance Power - ICRA assigns 4/5 Rating
Post Market Commentary
Sensex gains in lacklustre New Year trades
Sensex settles a tad above 20,300
Strategy, Economy, HDFC
Godrej land bank unlocking
Biggies sell
Tata Chemicals
Ankur Drugs
Macmillan India
US Market ends 2007 with a whimper
Transformers Sector
Source: http://www.deadpresident.blogspot.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Moneycontrol.com, Myiris.com Updates
Moneycontrol.com
Day 1, 08: Frontliners end quiet, midcaps party
Sebi to propose short swing rule: Srcs
RBI for short selling of shares from Feb 1: Srcs
Mkt to offer modest returns in 2008: UBS Sec
Sensex target for 2008 at 22k-24k: Poll
High returns unlikely in '08: Mark Mobius
Dec, Feb bode well for mkts
Central Bank of India targeting NIM at 3.10% in FY08
Glenmark Generics IPO by June 2008
UCO Bank may raise Rs 450 cr via FPO
Blockbuster IPOs: Orbit Corp, Everonn, MIC Electronics
Multi-venture Indiabulls to fly high
Will power & tech stocks strengthen in 2008?
Nifty may see heavy dip in early Jan: K&A Sec
BGR Energy Systems to list on Jan 3, 2008
Mkts may surprise either ways in 2008
MINIFTY will start on Jan 1, 2008
------------------------------------------------
Myiris.com
Brokers Outlook: Market expected to be rangebound
No load to enter in MF schemes
Tax collections rise 42%;will cross Rs 3 tn :FM
ICRA assigns IPO Grade 4 to Reliance Power
India`s export rise 26.82%, imports up 29.26%
Goldman Sachs, Macquarie to buy 20% stake in PTC India
NAVs of equity-diversified funds rise 9.52% in a month
TVS Motor`s December sales down 5%
Uttam Sugar net falls 69% in Sep`07 qtr
UCO Bank eyes merger by March 08
Cabinet to mull waiving Rs 10 bn investment ceiling on NTPC
Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Day 1, 08: Frontliners end quiet, midcaps party
Sebi to propose short swing rule: Srcs
RBI for short selling of shares from Feb 1: Srcs
Mkt to offer modest returns in 2008: UBS Sec
Sensex target for 2008 at 22k-24k: Poll
High returns unlikely in '08: Mark Mobius
Dec, Feb bode well for mkts
Central Bank of India targeting NIM at 3.10% in FY08
Glenmark Generics IPO by June 2008
UCO Bank may raise Rs 450 cr via FPO
Blockbuster IPOs: Orbit Corp, Everonn, MIC Electronics
Multi-venture Indiabulls to fly high
Will power & tech stocks strengthen in 2008?
Nifty may see heavy dip in early Jan: K&A Sec
BGR Energy Systems to list on Jan 3, 2008
Mkts may surprise either ways in 2008
MINIFTY will start on Jan 1, 2008
------------------------------------------------
Myiris.com
Brokers Outlook: Market expected to be rangebound
No load to enter in MF schemes
Tax collections rise 42%;will cross Rs 3 tn :FM
ICRA assigns IPO Grade 4 to Reliance Power
India`s export rise 26.82%, imports up 29.26%
Goldman Sachs, Macquarie to buy 20% stake in PTC India
NAVs of equity-diversified funds rise 9.52% in a month
TVS Motor`s December sales down 5%
Uttam Sugar net falls 69% in Sep`07 qtr
UCO Bank eyes merger by March 08
Cabinet to mull waiving Rs 10 bn investment ceiling on NTPC
Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
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Moneycontrol.Com,
Myiris.com updates
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