Archive for July, 2008
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Hot Chip Buy Calls: GTL
GTL BSE code: 500160 GTL has aroused interest among investors after it declared the results for Q1FY09 and announced a dividend of 30 per cent. The focus of GTL’s business model is on networking business. Anticipating great potential of this counter, brokers are confident it would fetch good returns for investors. A good momentum is [...]
