Buy ORG INFORMATICS @ 9.RS , Target: 20.RS
ORG INFORMATICS had recently acquired the Satellite Business of Belgacom . This acquisition will enable ORG INFORMATICS to offer DTH Platform to bradcasters in Europe . ORG is targeting Indian Broadcasters who wish to take their channels to Europe to target [...]
Real estate major DLF plans to raise $5 billion over the next three years by listing five of its business units, including DLF Homes, DLF Retail, DLF Hotels, DLF Utilities and DLF Infrastructure. There are no plans to further dilute equity in group flagship DLF. The eventual strategy is to make DLF a holding company [...]
ONGC Videsh Ltd (OVL) has struck black gold in Arabian Gulf block off Qatar. The Najwat Najem block is the first overseas project executed by OVL wherein the company has both 100% ownership and is the sole operator.
“As per preliminary indications, oil has been encountered in the Shuaiba and Arab formations. [...]
Bafna Pharmaceuticals IPO : Bafna Pharma IPO
Bafna Pharmaceuticals (BPL) filed draft offer document with SEBI to enter into capital market
All other details about Bafna Pharma IPO will be posted soon.
Birla Cotsyn IPO : Birla Cotsyn IPO
Birla Cotsyn India , a Yash Birla Group company, filed draft offer document with SEBI to enter into capital market with public issue to raise 144 crores.
Further details about Birla Cotsyn IPO willbe posted here.
Pride Hotels IPO
The Pride Hotels said it has decided to come out with an IPO in the first quarter of 2008, to meet its expansion plans.
“Pride Hotels has received an investment from Kotak India Real Estate Fund towards part financing of its Rs 340 crore expansion-cum-renovation plan and aims to utilize [...]
BENAZIR BHUTTO : BENAZIR BHUTTO Dead
Pakistan’s charismatic leader Benazir Bhutto was assassinated today as gunmen opened fire at her vehicle just before a suicide attack at an election rally addressed by her in Rawalpindi.
The attack killed more than 20 people and left several others injured.
Following Bhutto’s death, a high alert has been sounded in Pakistan. [...]
eClerx Services IPO Listing Date
The equity shares of eClerx Services will be listed on Monday December 31, 2007.
Transformers and Rectifiers to list on Dec 28
Listing date of Transformers and Rectifiers IPO is out.
The issue price has been fixed at Rs 465 per equity share (at the upper end of the price band) for its initial public offering (IPO) of 29,95,000 equity shares of Rs 10 each for cash, at a premium of [...]
Future Capital IPO : IPO of Kishore Biyani’s Future Capital Holdings has got clearance from SEBI, according to CNBC-TV18 quoting sources. The company is looking to raise Rs 400 crore through IPO. Future Capital Holdings is offering 64.2 lakh shares via IPO and diluting 10.16% of equity. Promoters holding will reduced to 74% from [...]
Noida Toll Bridge Company has touched a 52-week high of Rs 66.85. At 11:03 am, the share was quoting at Rs 66.85, up Rs 6.05, or 9.95%.
There were pending buy orders of 185,871 shares, with no sellers available.
It was trading with volumes of 6,067,569 shares, compared to its five-day average of 1,830,105 shares, an increase [...]
Manaksia IPO fixes issue price at Rs 160/share
Manaksia, a multi division and multi location company focusing on manufacturing of value added metal products and metal packaging products, has been fixed its issue price of Rs 160 per equity share. It has raised Rs 248 crore from this issue.
An initial public offering of [...]
Sharekhan research is bullish on Maruti Suzuki and has maintained buy rating on the stock with target price of Rs 1230, in their December 24, 2007 report. “The views expressed by the new MD during the particular interview are in line with MSL’s earlier guidance and consequently we have factored the guidance offered by him [...]
Sharekhan research has maintained buy rating on Madras Cement with target price of Rs 4800 in its December 24, 2004 report. “MCL’s expansion plans will drive its volume growth going ahead. The company plans to increase its capacity by 4MTPA by the end of FY2009. It is also investing in renewable energy and CPPs which [...]
Angel Broking has maintained buy rating on Electrosteel Casting with 12 month target price of Rs 107 in their 14 December 2007. “Electrosteel Castings (ECL) is a complete water infrastructure company providing end-to-end solution in water supply & sewerage application systems. We believe that capacity expansion for DI pipes and backward integration into achieving self-sufficiency [...]