Online
|
|
BSE Announcements on Bajaj Hind
Posted by :
MMB MessengerWith reference to the news item appearing in a lading financial daily titled "Bajaj Hind may buy Balrampur", Bajaj Hindusthan Ltd has clarified to BSE that, till date, the Board of Directors of the Company has not considered and / or taken any decision in regard to the matter relating to acquisition of stake in Balrampur Chini Mills Ltd. from its existing promoters, as reported....
NSE Announcements on Bajaj Hind
Posted by : MMB MessengerNews Verification : The media had reports on October 31, 2009 that Bajaj Hindusthan Ltd may buy 36.67% stake from the promoters of Balrampur Chini Mills Ltd. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Bajaj Hindusthan Ltd has vide its letter inter-alia stated," We would like to inform that, till date, the Board of Directors of our Company has not considered and/or taken any decision in regard to the matter relating to acquistion of stake in Balrampur Chini Mills Limited from its existing promoters, as reported."...
A good news for sugar industries
Posted by :
RITGUPUSA
Govt cuts fair price for cane : As per economic times -
NEW DELHI: The government has watered down the method of calculating the fair and remunerative price (FRP) for sugarcane, saving the sugar industry
a substantial amount by way of payment to farmers.
The FRP for sugarcane was last week pegged at only 50% over the cost of production against 56-60% proposed in a cabinet note circulated early October. This is likely to save the Rs 60,000 crore industry nearly Rs 2,000 crore in payment to farmers for sugarcane for the 2009-10 sugar year (October-September).
Better still for sugar millers is this: even though the FRP has been pegged at cost of production for cane plus 50% for 2009-10, the percentage itself could vary each year, based on where sugarcane output was in glut or shortfall (sugar prices would go up) accordingly, higher/lower input costs etc. A fixed percentage level could mean that millers would have to pay high sugarcane support even in cane glut years, defying all market logic.
...
I CANT UNDERSTAND TOUGHT BEHIND NEWS
Posted by : Guest
Hi ,
The lower target is Rs186 . From there it will pick the upper movement towards Rs230 . Good luck.
Thanks & regards,
karun...
I CANT UNDERSTAND TOUGHT BEHIND NEWS
Posted by :
bathulavbVivek wants to sell his company Balarampur at a premium price. So he is showing extreamly rosy picture. If sugar industry is that much good , why is he selling his company....
level to watch
Posted by : abhaytiw
15831 first support
15361 s2
14954 s3 this level from after electoin support 13504 to 17322 ...
renuka in better place to control than bajajhind
Posted by : skantmittalwill anyone give the itraday target of bajaj hidusthan for today... i hav bought 400 shares of baj@212.50.....
renuka in better place to control than bajajhind
Posted by : abhaytiwnobody talking about renuka which want to buy sugar company in brazil why not in UP ...
BAJAJ HIND TO BUY BALRAMPUR CHINI STAKE? IS THAT TRUE
Posted by : scorpio76
BAJAJ HIND TO BUY BALRAMPUR CHINI STAKE? IS THAT TRUE?
BALRAMPUR CHINI MIGHT TOUCH 175-180 RS IF THE DEAL IS ANNOUNCED-AS PER CNBC.
THIS NEWS HAS NOT BEEN CONFIRMED YET............
jupiter sold whole 1.7%
Posted by : abhaytiw
29-Oct-2009 Bajaj Hind (BSE) Jupiter Enterprises Ltd SELL 1472013 209.75
29-Oct-2009 Bajaj Hind (NSE) Jupiter Enterprises Ltd SELL 1480160 209.20
...
Jupiter Enterprises Ltd 3,093,259 1.7
Posted by : abhaytiw
now jupiter sold 1472013 out of 3093259
i have seen in past if hedge fund reduce their position in script than good for script in short as well as long run...
US markets out of RED zone after positive GDP growth
Posted by : hummerume
world markets to see some rallying in coming sessions.
Regards.
Ume...
SELL SELL SELL
Posted by : bullsbeatSELL BHL TGT 196-182 SL 227....
UPTO NOW FII ACTIVE IN BHL NOW DII SLOWELY COMMING IN BHL
Posted by : hummerume
thats fantastic news abhay....
Regards,
Ume...
BlueGold Capital Management LLP
Posted by : abhaytiw
Sugar to Top Averages Through June 2010, According to BlueGold
Share | Email | Print | A A A
By Chanyaporn Chanjaroen
Oct. 28 (Bloomberg) -- Sugar prices will remain above historical averages through June 2010 as supply falls short of demand, said Olivier Pairault, a portfolio manager at BlueGold Capital Management LLP.
An increase in supply sparked by this year’s rally is only likely to take place around the end of 2010 because sugar cane takes about 18 months to grow, Pairault said today at the Jetfin Commo & Energy 2009 conference in Geneva. Rising prices have failed to curb use because sugar accounts for a low percentage of costs of food for which it’s an ingredient, he said.
“Given the magnitude of stock drawdowns, prices will be high relative to historical standards through the first half of 2010,” said Pairault, who also has worked for Morgan Stanley and Cargill Inc.
Curtailed production in India, the world’s second-largest producer of the sweetener, contributed to inventory use, he said. The country this year had its driest June in 83 years, and excess rainfall has hurt output in Brazil, the biggest producer.
White, or refined, sugar has added 76 percent this year in London, and raw sweetener has almost doubled in New York. Investors will start expecting more supply in the middle of 2010, after which prices will decline, Pairault said.
London-based BlueGold manages .5 billion, mostly in energy. Its hedge fund has returned more than 60 percent this year, according to Pairault. Hedge funds are mostly private pools of capital whose managers participate substantially in the profit from speculation on whether the price of assets will rise or fall.
...
