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What is the tatget?
Posted by :
jaggihsYes, trend reversal occurred a bit early. Anyway, can be bought at lower levels. This company has a bright future since it is beginning to export to US, Africa. After US acceptance, Europe will be easier since their technical standards are slightly lower and US standards are accepted for most parts. Definitely worth accumulating for LT. In auto sector the companies worth holding for LT are M&M, Maruti, Tata Motors, Bharat Forge....
13 eps stock at 20 levels
Posted by :
seenudonHELLO FRIENDS, TCFC FINANCE OFFER ONLY IN BSE, 13 EPS FOR THE LAST QUARTER AVAILABLE AT JUST 20 LEVELS, 10RS BASE PRICE STOCK, QUOTING AT VERY CHEAP PRICE.... YOU DECIDE THE TARGET OF THIS STOCK...............
What is the tatget?
Posted by : CGRKI agree with you. My expectation was a reversal of trend in M&M around 970, but it happened at 945. All the auto stocks gained more than 70% in a short span, needs a healthy correction to sustain....
What is the tatget?
Posted by : divakarankGenerally, most of the auto stocks have risen dramatically in recent times. Now most of them are in the over-bought zone and needed correction which happened today to some extent. While the Sensex is down around 2.45%, the auto stocks tumbled nearly double this percentage. Moreover, September-March will be a dry period and sensing this, most of the prudent investors exited this sector`s big stocks. In my opinion, it is better to leave this sector for the near term and concentrate on the Tea stocks and oil and oil marketing stocks. Good Luck!...
NSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd. has submitted to the Exchange a copy of the Resolutions passed at the Annual General Meeting of the Company held on July 30, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
NSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
What is the tatget?
Posted by : CGRK
Automobile stocks made strong gains in the past year. Helped by an early return to profit growth and strong sales in recent months.
M&M up over 70% from their last August prices. It may go up to 970-975, where the scrip faces stiff resistance and a trend reversal happens. If it sustains above 975 (Jan`07 price), 1050 level a possibility. My personal view on M&M...
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BSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on July 30, 2009. ...
What is the tatget?
Posted by :
senoWhat is the short term target for M&M?...
BSE Announcements on Mah and Mah
Posted by : MMB Messenger
Mahindra & Mahindra Ltd has informed BSE that the shareholders at the 63rd Annual General Meeting (AGM) of the Company held on July 30, 2009,inter alia, has approved the following:
1. Adoption of the Audited Accounts for the year ended March 31, 2009 together with the Reports of the Auditors and Directors thereon.
2. Declaration of Dividend of Rs 10 per Ordinary (Equity) Share of the face value of Rs 10 each.
3. Re-appointment of Mr. Deepak S Parekh, Mr. Bharat Doshi and Mr. Narayanan Vaghul as Directors of the Company.
4. Re-appointment of Messrs Deloitte Haskins & Sells, Chartered Accountants as the Statutory Auditors of the Company.
5. Appointment of Mr. Arun Kanti Dasgupta as a Director in the casual vacancy caused by the resignation of Mr. Thomas Mathew T.
6. Special Resolution for keeping of the Companys Registers and Index of Members and Debenture / Bond holders, Annual Returns, etc. at the office premises of the Companys Registrar & Share Transfer Agents viz. Sharepro Services (India) Pvt Ltd and / or at such other place(s) within the city of Mumbai where the Share Transfer Agents may shift its office from time to lime and / or at the Registered office of the Company and / or at the Companys Corporate office....
NSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd. has informed the Exchange regarding the Outcome of Annual General Meeting of the Shareholders of the Company held on July 30, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd. has informed the Exchange regarding a press release, dated July 30, 2009, with respect to the Unaudited Financial Results for the quarter ended June 30, 2009. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 422946 lacs for quarter ending on 30-JUN-2009 against Rs. 329344.86 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 40085 lacs for the quarter ending on 30-JUN-2009 against Rs. 15930.25 lacs for the quarter ending on 30-JUN-2008....
BSE Announcements on Mah and Mah
Posted by : MMB MessengerMahindra & Mahindra Ltd has informed BSE regarding a Press Release dated July 30, 2009 related to financial results for the quarter ended June 30, 2009. ...
BSE Announcements on Mah and Mah
Posted by : MMB Messenger
Mahindra & Mahindra Ltd has announced the following Unaudited results for the quarter ended June 30, 2009:
The Company has posted a net profit of Rs 4008.50 million for the quarter ended June 30, 2009 where as the same was at Rs 1593.00 million for the quarter ended June 30, 2008. Total Income is Rs 42661.60 million for the quarter ended June 30, 2009 where as the same was at Rs 33318.00 million for the quarter ended June 30, 2008.
The results for the current quarter include the figures of the erstwhile subsidiaries Mahindra Holdings and Finance Ltd and Punjab Tractors Ltd which merged with the Company effective, February 01, 2008 on August 11, 2008 and August 01, 2008 on February 16, 2009 respectively. Hence, the figures of the current quarter are not comparable with those of the previous years quarter. ...
