Archive for October, 2009
Den Networks Ltd is set to open a $100 million IPO on Oct 28
Indian cable television firm Den Networks Ltd is set to open a $100 million IPO on Oct 28 and will finalize the offer price band this week. The 20 million share offering, which represents a 15.16 per cent stake, would close on Oct. 30, the sources who did not want to be named said Den [...]
Ludhiana-based Kashmir Apiaries Pvt Ltd planning IPO..
Ludhiana-based Kashmir Apiaries Pvt Ltd, the largest exporter of honey from India, is planning to float an IPO (initial public offer) worth Rs 100 crore later next year. According to Chairman and Managing Director of the company Jagjit Singh Kapoor, the funds would be utilised to add capacities in terms of expansion of bee-keeping colonies, [...]
Domino’s Pizza launching IPO…
Jubilant Foodworks, which runs the Indian franchise for global fast food chain Domino’s Pizza has filed an application with market regulator SEBI for an initial public offering to raise up to Rs 300 crore. The company would offer more than 2.27 crore shares having a face value of Rs 10 each through the IPO. Of [...]
Stock-split plan electrifies Bajaj Electricals
Bajaj Electricals gained 4.38% to Rs 762 at 13:58 IST on BSE, after the company’s board approved a 5-for-1 stock split. The company made this announcement during trading hours today, 12 October 2009. Meanwhile, the BSE Sensex was up 303.17 points, or 1.82%, to 16,945.83. On BSE, 57,310 shares were traded in the counter as [...]
Reliance Industries’ (RIL) 1:1 bonus failed to have much of an impact on the company’s stock
Reliance Industries’ (RIL) 1:1 bonus failed to have much of an impact on the company’s stock. Though it opened higher, all the euphoria died out by the end of the trading session. The stock shot up by 5.24 per cent (Rs110) to Rs2209 in the first few minutes of trade as retail investors were excited [...]
Jindal board will meet on 15 October 2009 to consider stock split
Jindal Saw rose after the company said its board will meet on 15 October 2009 to consider stock split · The mid-cap stock outperformed the market over the past one month till 6 October 2009, rising 26.21% as compared to the Sensex’s 8.09% rise. It had also outperformed the market in the past one quarter, [...]
Bajaj Electricals board will meet on 12 October 2009 to consider stock split.
Bajaj Electricals board will meet on 12 October 2009 to consider stock split. . · The mid-cap stock underperformed the market over the past one month till 6 October 2009, rising 1.32% as compared to the Sensex’s 8.09% rise. It had outperformed the market in the past one quarter, surging 61.11% as compared to [...]
