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NHPC fetch rs.1680 cr through IPO by August end…
NHPC Large cap PSU stocks will soon have company. The biggest IPO to hit the market in some time will be the National Hydro Power Corporation Ltd or NHPC. As part of the UPA government’s disinvestment plan, NHPC will soon go in for an initial public offer. IPO will happen in the next three months. [...]
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 question is how long will this rally last? [...]
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 [...]
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 [...]
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 [...]
NHPC, RITES & Oil India Ltd -3PSU in process of IPO…
Spiralling scrip prices in the secondary stock market over the last couple of days have brought back hopes of a revival of public issues. The primary market (where companies raise funds through the issue of fresh shares) is once again expected to gain currency after remaining subdued for over five quarters since February 2008. The [...]
Next week stock market trading…12100 to 14000…
In next week dip in the market was warranted but given the liquidity in the market a fall seems unlikely. Most people are waiting for theSensex to fall below 12600 levels to start buying. “If the news flow is good and global markets do not correct too much then maybe waiting for that 12,100 might [...]
