Archive for May, 2009
Correction of 20-30% in equities and expected the Sensex to retest 11000-12000 levels…
This month was trigger to sensex,Indian Stock market is shooting up high unlike global market & scenario with Strong global cues and the favorable election results. The question everyone has is whats next?
The Market doesn’t seems to be long lasting 14000 + in this scenario. The [...]
Munot Capital to consider- Stock Split,dividend, Bonus share..
The board meeting of Munoth Capital Markets will be held on 08 June 2009 to consider, approve and sign the balance sheet as at 31 March 2009. to transact the following business:
1. To consider, approve and sign the Balance Sheet as at March 31, 2009 and Profit & Loss Accounts of the Company for the [...]
Pithampur Steels Ltd - Stock Split news…
Pithampur Steels Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 08, 2009, inter alia, to discuss on the change in the name of the Company.
To [...]
UTI Mutual fund bonus in 1:1 Ratio…
UTI Mutual Fund has approved 4 June 2009 as the record date for declaration of bonus under UTI Top 100 Fund on the face value of Rs 10 per unit.
The quantum of bonus will be in ratio of 1:1 i.e. [...]
JMD Telefilms Ltd - Announces split equity shares today…
JMD Telefilms Industries Ltd has informed the BSE that the Board of Directors at its meeting held on May 25 has approved to split equity shares of the company -:
1. Split / Sub-division of Equity Shares of the Company of the face value of Rs 10/- (Rs Ten) each to the face value of Rs [...]
Market shot up 14000 after 500 pts gain today…
Benchmark index rebounded on Wednesday as most of the global markets shot higher after US consumer confidence jumped to its highest level since September. The Sensex finished at 14,150, after trading between 14,122 and 13,848. [...]
Stock Split news - Radhe Developers Ltd & Adeshwar Cotton Industries
The board of Adeshwar Cotton Industries has approved to change the name of the company from Adeshwar Cotton Industries to Acil Cotton Industries.
The board has approved sub division of 1 equity shares of face value Rs 10 each of the company into 2 equity shares of face value Rs 5 each.
This was approved at the [...]
Oil India planning to hit IPO in market by september…
Oil India sources said that Oil India IPO (initial public offering) is likely to hit markets by September ‘09.
The company hopes to raise USD 400-500 million via IPO.
It doesn’t need fresh SEBI (Securities and Exchange Board of India) nod if IPO comes before September 10.
IOC touched a 52-week high of Rs 559 in afternoon. It [...]
China lift ban for IPO - 150 yuan billion market estimate…
More than 30 companies, including Everbright Securities, a top-10 brokerage, China State Construction Engineering Corp, the biggest home builder, and China South Locomotive & Rolling Stock Corp, have won regulatory approval and have been waiting for up to a year to go public after slumping stock markets spurred the government to quietly suspend IPOs last [...]
Reliance Capital- Eyeing IPO for Divestment option- Reliance Insurance..
Sam Ghosh, Chief Executive Officer of Reliance Capital, said the company was evaluating all options for divestment in life insurance business. “We will consider if we want to go in for part divestment through an initial public offer (IPO), a strategic partnership or perhaps a combination of both,” he said. He further added that the [...]
