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NSE Announcements on Bhagyanagar Ind
Posted by :
MMB MessengerBhagyanagar India Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on the July 28, 2009 interalia has transacted the following: 1) Convened the Annual General Meeting on September 29, 2009. 2) Fixed the Book Closure of the Company from September 24, 2009 to September 29, 2009 (both days inclusive) for the purpose of declaration of Dividend....
BSE Announcements on Bhagyanagar Ind
Posted by : MMB MessengerBhagyanagar India Ltd has informed BSE about the financial results for the Quarter ended June 30, 2009....
Why sudden raise in this stock
Posted by :
viagni
Today stock up more than Rs3.0, why?, Any positive news?
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Buy Bhagyanagar
Posted by : GuestBuy Bhagyanagar for the tgt of 40/- with in short term...
Average or Sell?
Posted by : joicejkdo anybody know about the dividends details for bhagyanagar and also what gonna happen if the buy back will execute?I`m having these shares@27 and how it will(buy back) impact on my shares?please advice.....
Average or Sell?
Posted by : ankur_ldhboss the buyback price u are talking about is the max price they will buy and the min. price can be any price may be at that time when the buy back opens it may be rs 20 also,then they will double the qty of shares.the buy back price doesn`t mean that the promoters have to buy at 40 rs....
Average or Sell?
Posted by : ANAND RATHI
respected all,
i also have 4000 share of this company at price at 24 RS. i dont now abt impacte of story . and i dont now abt buy back .just think right now stoks trading at 18.to 19 RS. than why company buying at up to 40 RS. i am also waiting for good price .bcoz i am also holding before 5 to 6 months ....
buy back 40 rs book value 30rs
Posted by : murudPlease note that the letter given to BSE says that the buyback will be done at a rate not more than Rs. 40 not at Rs. 40....
Average or Sell?
Posted by : ankur_ldhboss how u know all this information regarding that israil company tie up with the surana group and how much is this information true. how much u feel the impact of this information will be if it is true on the share price of bhagyanagar india in the near term....
buy back 40 rs book value 30rs
Posted by : jdosvd
See buyback could be cancelled or at the best a few thousand shares will be brought below 20 levels and buyback then closed............Oh,we have seen it happen so ofen.
This is a weak Hyderabadi stock,hence enter below 18 levels only to exit with 5% stop-loss please!...
buy back 40 rs book value 30rs
Posted by : ANAND RATHI
respected all
u r right bt when is a buy backkkkkkk ??????????????
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buy back 40 rs book value 30rs
Posted by :
vsvsagar9
multibagger stock
buy back 40 rs book value 30rs
...
Average or Sell?
Posted by : ANAND RATHI
NEW DELHI: Israel’s leading construction company U Dori Group is picking up a 50% stake in residential project in joint venture (JV) with
Hyderabad-based Surana Group for Rs 125 crore, a person involved in the transaction said on the condition of anonymity.
The U Dori Group will invest in Bhagyanagar Properties and Scientia Infocom, the two real estate arms of Surana Group, for setting up a residential group for housing and construction development project in Hyderabad. The Israeli company will invest either on its own or through its subsidiaries, Dori Global and Gazit Globe.
These two Surana Group companies have a land bank of 25 acres in Hyderabad for setting up a group housing society. Dori Global is the international real estate development division of U Dori Group, that is into developing residential projects in Eastern Europe. Gazit Globe is also a Tel Aviv-listed real estate company which is engaged in acquisition, development and management of income producing properties across the globe. Surana Group is engaged in manufacturing telecom products, copper products, power cables.
Surana Group will eventually merge Bhagyanagar Properties and Scientia Infocom to create a special purpose vehicle that would act as a JV between the Surana Group and U Dori, the person added.
The subsidiary companies are in the process of obtaining necessary approvals such as layout plans, land use change, payment of external developmental charge from the state government and concerned municipal bodies.
Bhagyanagar India, a Rs 200-crore BSE-listed company of Surana Group, will give an irrevocable bank guarantee against the amount of Rs 125 crore being pumped in by the Israeli company.
According to the agreement between the two parties, in the event all approvals are not obtained by the Surana subsidiaries in a year, U Dori Group will have an option to either give a grace period of 12 months for obtaining the approvals or walk out of the project by selling its shareholding in the JV company.
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Average or Sell?
Posted by : ANAND RATHIi am holding 4000 share at 24 RS tell me abt companys it project in hydrabad & what abt u dori ( israel company )...
Average or Sell?
Posted by : skbawa
Now hold it till the market sentiments improve. No sense to book loss or average it. Keep patience now, definitely it will give you profit. Rest bo one is ...
