Archive for March, 2009

Anu’s Laboratories up on stock spilt plan…

·         Anu’s Laboratories’ stock had surged 5.85% to Rs 275.95 on Tuesday, 24 March 2009 boosted by the announcement during trading hours. ·         The stock hit a high of Rs 309.40 and a low of Rs 270 so far during the day. The stock hit a 52-week high of Rs 468.90 on 19 June 2008 [...]


Hot news-corporate stocks

GAIL signs annual MOU with Ministry of Petroleum and Natural Gas Tata Power announces sale of partial holdings in Tata Teleservices Anil Special Steel Industries allots equity shares Span Diagnostics allots equity shares Dishman Pharmaceuticals signs co-operation & joint API development agreement Ranbaxy Laboratories receives approval from TGA-Australia Mindteck India appoints additional directors Astra Microwave [...]


Reliance Communications stock -Good pick..

Reliance Communications has recorded cumulative 8.3 million wireless users in the first two months of its pan-India GSM foray. It seems that  forecast is  GSM subscriber base at 36 million by FY10, accounting for 35.1% of the total base of just over 100 million. It assume average monthly additions of about 2.5 million over the next two [...]


HDFC,Bhushan Steel,Idea Cellular,First source,welspun power-News

·         HDFC, the country’s largest housing finance company, has announced a 50 basis points reduction in its retail prime lending rate (RPLR) to 14% effective Wednesday. ·         The Orissa High Court has directed market (SEBI) to investigate whether companies belonging to the Bhushan Steel Group had purchased shares of Orissa Sponge Iron and Steel from [...]


Market Outlook(Nifty 3000- 3400)..expert views…

      ·         Nifty ends near 3000: Beginning of rally or end of it? ·         Biju Samuel of Quant Broking said the current market rally is one of the first rallies that is sustaining and is showing a sizable breakout. “I see a medium-term uptrend in the market, where the Nifty may rise to 3,400 levels,” [...]


Company Quaterly results…

·         Sulzer India net profit declines 1.79% in the December 2008 quarter ·         Brahmaputra Infraproject reports net profit of Rs 0.02 crore in the June ·         2008 quarter ·         Brahmaputra Infraproject reports net profit of Rs 0.05 crore in the ·         September 2008 quarter ·         Gamma Infoway Exalt reports net loss of Rs 0.05 crore [...]


Corporate stock news…

·         India Infoline leads gainers in ‘A’ group ·         Akruti City rebounds after intraday 15% slide ·         RIL on a roll ahead of commencement of gas production ·         Ranbaxy Lab in the pink of health ·         Reliance Infrastructure in demand ·         Voltas heats up after block deal ·         Bulls throng Religare Enterprises counter ·         Good [...]