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Abhishek Industries |
| Belongs to: Textiles - Spinning - Cotton Blended | |
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Extract From NSE Website
Posted by :
xlncvishalTracked by: 1 Boarder
Big number of stocks are getting transferred to Madhuraj Foundation Limited and Prudent Traders Private Limited. WHich are these companies and what does this shows on the part of Abhishek Industries. Can someone put some light....
In reply to:
Extract From NSE Website
Posted by : xlncvishal
THis is what i got from NSE Website, is abhishek industries selling company share to Prudent Traders, is it good or bad, please explain.
NSE Symbol ABSHEKINDS
Short Description Reg 7 of SEBI (Susbs Acq of shares & Takeovers)
Entity making the Disclosure Prudent Traders Private Limited
Name of the Target Company Abhishek Industries Limited
Name of the acquirer and PAC with the acquirer Prudent Traders Private Limited
Details of the acquisition as follows
Shares/Voting rights (VR) before acquisition under consideration 8560000
Shares/voting rights acquired 10300000
Shares/VR after acquisition 18860000
Mode of acquisition Preferential allotment on conversion of warrants
Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable - 03-JAN-2009
Extract From NSE Website
Posted by : xlncvishalTracked by: 1 Boarder
THis is what i got from NSE Website, is abhishek industries selling company share to Prudent Traders, is it good or bad, please explain.
NSE Symbol ABSHEKINDS
Short Description Reg 7 of SEBI (Susbs Acq of shares & Takeovers)
Entity making the Disclosure Prudent Traders Private Limited
Name of the Target Company Abhishek Industries Limited
Name of the acquirer and PAC with the acquirer Prudent Traders Private Limited
Details of the acquisition as follows
Shares/Voting rights (VR) before acquisition under consideration 8560000
Shares/voting rights acquired 10300000
Shares/VR after acquisition 18860000
Mode of acquisition Preferential allotment on conversion of warrants
Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable - 03-JAN-2009
...
In reply to:
Extract From NSE Website
Posted by : xlncvishal
In terms of the Listing Agreement entered into by the Company, we would like to inform that
the Board of Directors of the Company in its meeting held on January 3, 2009 have inter-alia
approved the following:
1. Withdrawal of nomination by PSIDCof Mr Anurag Verma as Director.
2. Appointment of Mr Karan Avtar Singh as Additional Director of the Company
3. Conversion of 2,80,00,000 Warrants issued on preferential basis on July 9, 2007 into
similar number of equity shares of the Company of Rs 10 each at a premium of Rs 11.30
per share.
Extract From NSE Website
Posted by : xlncvishalTracked by: 1 Boarder
In terms of the Listing Agreement entered into by the Company, we would like to inform that
the Board of Directors of the Company in its meeting held on January 3, 2009 have inter-alia
approved the following:
1. Withdrawal of nomination by PSIDCof Mr Anurag Verma as Director.
2. Appointment of Mr Karan Avtar Singh as Additional Director of the Company
3. Conversion of 2,80,00,000 Warrants issued on preferential basis on July 9, 2007 into
similar number of equity shares of the Company of Rs 10 each at a premium of Rs 11.30
per share.
...
BSE Announcements on Abhishek Ind
Posted by :
MMB MessengerTracked by: 0 Boarder
Abhishek Industries Ltd has informed BSE about the meeting of the Board of Directors of the Company held on January 03, 2009....
NSE Announcements on Abhishek Ind
Posted by : MMB MessengerTracked by: 0 Boarder
Abhishek Industries Limited has informed the Exchange regarding the outcome of board meeting held on January 03, 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). ...
Tracked by: 0 Boarder
Market has turned a bit steady with the result all mid cap/small cap shares hv also moved up in line with improved market conditions. ...
In reply to:
Target ??
Posted by : xlncvishal
I Hope its on the upmove now, i am looking at a short term target of Rs 9 to offload my purchase..
Target ??
Posted by : xlncvishalTracked by: 0 Boarder
I Hope its on the upmove now, i am looking at a short term target of Rs 9 to offload my purchase.....
In reply to:
Target ??
Posted by : vkk43
As I told u in my last msg, it is advisable to wait for its 3rd qtr results before we decide whether to average or not.
Tracked by: 0 Boarder
As I told u in my last msg, it is advisable to wait for its 3rd qtr results before we decide whether to average or not....
In reply to:
Target ??
Posted by : xlncvishal
Inspite of increasing sales the last 2 quarters results are loss of 2 Crore and 2.4 crores becuase of huge expenditures in expansion. So i do not think that the results would be anything positive for Dec 2008-09 unless the resent production units starts contributing into the profit. I have average @ Rs8.. Is this the time to average further or wait .. Also movement to T2T segment is a a bad signal for the stock ..
Target ??
Posted by : xlncvishalTracked by: 0 Boarder
Inspite of increasing sales the last 2 quarters results are loss of 2 Crore and 2.4 crores becuase of huge expenditures in expansion. So i do not think that the results would be anything positive for Dec 2008-09 unless the resent production units starts contributing into the profit. I have average @ Rs8.. Is this the time to average further or wait .. Also movement to T2T segment is a a bad signal for the stock .....
In reply to:
Target ??
Posted by : vkk43
Stock exchange decides which shares are to be shifted to T2T segment, looking to the volatility, rise/fall in market price of the share, volume etc.
I think we should wait for its 3rd qtr results before we decide to enter into this stock.
Tracked by: 0 Boarder
Stock exchange decides which shares are to be shifted to T2T segment, looking to the volatility, rise/fall in market price of the share, volume etc.
I think we should wait for its 3rd qtr results before we decide to enter into this stock....
In reply to:
Target ??
Posted by : xlncvishal
WHat is the reason for this stock being moved to T2T segment, also any suggestions to what should be the buy price and target for short term ..
Target ??
Posted by : xlncvishalTracked by: 0 Boarder
WHat is the reason for this stock being moved to T2T segment, also any suggestions to what should be the buy price and target for short term .....
In reply to:
Target ??
Posted by : vkk43
The undertone remains weak. May not fall to 3-4 Rs. in a weeks time.
Tracked by: 0 Boarder
The undertone remains weak. May not fall to 3-4 Rs. in a weeks time....
In reply to:
Target ??
Posted by : xlncvishal
What is the target for this stock in one months time !! Its going down 5% everyday .. will it be available for 3-4 Rs in a weeks time or will ever bounce back ??
Target ??
Posted by : xlncvishalTracked by: 0 Boarder
What is the target for this stock in one months time !! Its going down 5% everyday .. will it be available for 3-4 Rs in a weeks time or will ever bounce back ??...
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