Archive for March, 2008
Kiri Dyes & Chemicals IPO Opens on March 25 2008
Kiri Dyes & Chemicals Limited IPO is opening on 25th March and closing on 2nd April with a price band of Rs 125 to Rs. 150. This company is engaged in the business of manufacturing of reactive dyes which are called synthetic organic dyes used for cotton fabrics like garments, dress materials, bed-sheets, carpets etc.
We [...]
Did IT companies Slow Down in Mergers and Acquisitions?
You must be observing the recent slowdown in Information Technology and BPO industry, it’s eventually dampening the spirits of IT companies and there has been a slowdown observed in the appetite of IT and BPO companies for large cross-border merger and acquisition deals.
If you look at the data available, you would think over what we [...]
Ideal Cellular: Good investment in Large Cap stock for long term
A sharp reversal in its stock price from Rs 161 to Rs 91 makes Idea Cellular a good investment for those looking to add a large-cap stock to their portfolio. Investments with a 18-24 months’ horizon can be considered in the stock. At Rs 91, the stock trades at 24 times its current earnings and [...]
Bearish trend of Stock Market turns Mutual Funds into net sellers now
As stock markets continue to face a bearish onslaught, domestic mutual funds are turning net sellers. So far, in the current month up to March 18, they have been net sellers to the tune of Rs 1,515 crore, according to the data on mutual fund transactions released by SEBI.
The development comes in the wake of [...]
Colgate Palmolive Stock Can be added in Portfolio in recent Market declines
After looking at recommendation of buying BHEL stock for your portfolio, this is one more recommendation. Investors can use recent market declines to add the Colgate Palmolive India stock to their portfolio. Strong rural off-take for FMCG products and Colgate’s expanding market shares in oral care suggest that the company could sustain strong topline growth [...]
Subprime Mess Hits Home
There are numerous advantages to owning your own home. After all, it provides you with a safe, secure place to live. It tends to be a wise investment—an investment you might be able to draw upon in your senior years. It can also give you a tremendous sense of accomplishment.
So it should come as no [...]
IL&FS Investment Managers to consider bonus issue shares
IL&FS Investment Managers board will meet on 1 April 2008 to consider issuing bonus shares. IL&FS Investment Managers rose 11.81% to Rs 212.10 on 19th March 2008 on this bonus issue news.
IL&FS Investment Managers is a private-equity fund management firm. It mainly provides equity support to new projects. Its main objective is to seek capital [...]
