Archive for July, 2008

CHL Ltd Recommends Rights Issue

CHL Ltd has recommended rights issue today. It’s current market price is Rs. 205 as per the last traded price in market today. I just read this corporate announcement at NSE today and putting it here right away.

CHL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on [...]


MM Forgings Recommended Bonus Issue - Ratio of 1:1

I do have one more bonus issue news for you today. MM Forgings Ltd has recommended the Issue of Bonus share in the ratio of 1:1 (One Bonus Share for Every existing one Equity Share held).
The Issue of Bonus Shares shall be considered by the Shareholders in the ensuing Annual General Meeting to be held [...]


Bliss GVS Pharma Bonus Proposal

Look at this company today! Bliss GVS Pharma was locked at 20% upper limit at Rs 46.25 on BSE after the company said its board will meet on 29 July 2008 to consider issue of bonus shares. The company has an equity capital of Rs 6.45 crore. Face value per share is Rs 1. The [...]


HDIL Bonus Issue Record Date declared

HDIL company [Housing Development & Infrastructure] fixed 22 August 2008 as the record date for issue of bonus shares in the ratio of 2:7.
We have updated you about the HDIL bonus issue earlier, when they announced the issue on May 21st.
Earlier this year, Housing Development & Infrastructure (HDIL) bagged a slum rehabilitation project from [...]


United Phosphorous 1:1 Liberal Bonus Issue

Nothing like receiving one bonus share for every share held. United Phosphorous announced 1:1 bonus issue during trading hours today, 24 July 2008. The bonus issue is in the ratio of one equity share of the company of Rs 2 each for every share held.
United Phosphorous is the largest Indian agrochemical player and among [...]


Hot Chips Buy Call: TUTIS TECHNO

Tutis Techno: BSE Code 532311. CMP: Rs.19
Being a leading player in IT and BPO solutions, it is making news these days. Tutis Technologies is the parent company of the Vishal IT, with a 51.51 per cent stake, which is going to tap the primary market. This IPO will unlock the value for the Tutis Technologies, [...]


Great News! Biggest Gain in Sensex in Last Few Months

There is no need to update you all, that UPA government won the trust vote and it got big thumbs up from the stock markets as well. What a relief for us!
Today, Sensex spurted by 850 points as it again came close to 15000 marks that was looking a very distant target only a couple [...]


Hot Chips Buy Call: Sterlite India

Sterlite India: BSE code: 500900
During the last few session, the metal sector has performed well in the market despite the gradual fall in the other counters. Being one of the leading players in copper manufacturing the company is catching eyes of investors on the street. According to some market sources, the counter has a lot [...]


Today was Record date for Tricom India stock split

Tricom India had fixed 22 July 2008 as the record date for the sub-division of 1 equity share of Rs 10 each into 5 equity shares of Rs 2 each. Whoever have held the shares today, would be eligible for this stock split.
On 4 July 2008, Tricom India acquired 100% interest in US based Pacific [...]


Areva T&D India Stock-split proposal

Areva T&D India jumped 6% to Rs 1615 on BSE after the company said its board will meet on 29 July 2008 to consider a 5-for-1 stock split. The company made this announcement during trading hours today, 22 July 2008.
Areva T&D India will be a major beneficiary of the Indo-US nuclear deal if the [...]


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