Archive for December, 2007

eClerx Services IPO listing Date

eClerx Services IPO Listing Date
The equity shares of eClerx Services will be listed on Monday December 31, 2007.

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Transformers and Rectifiers to list on Dec 28

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 gets clearance from SEBI

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 hits 52-Week high

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/sh

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 […]

Buy Maruti Suzuki : Target Rs 1230

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 […]

Buy Madras Cement : Target Rs 4800

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 […]

Buy Electrosteel Casting: Target Rs 107

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 […]