SJVN declares dividend at Re 0.80 per share
SJVN at its meeting held on May 30, 2011 has declared dividend at Re 0.80 per share of Rs 10 each for the year 2010-11.
Sathavahana Ispat declares dividend at Rs 1.80 per share
Sathavahana Ispat at its meeting held on May 30, 2011 has declared dividend at Rs 1.80 per share for the financial year ended March 31, 2011.
K.P.R. Mill declares final dividend at Rs 3 per share
K.P.R. Mill at its meeting held on May 30, 2011 has declared final dividend at Rs 3 per share of Rs 10 each.
CRISIL assigns valuation grade of 5/5 to Harrisons
CRISIL Research has come out with its report on Harrisons Malayalam. The research firm has initiated coverage on the company with a Valuation Grade of ‘5/5’ and has maintained the fundamental grade of 3/5.
Wheels India declares dividend at Rs 6.50 per share
Wheels India at its meeting held on May 30, 2011 has declared dividend at Rs 6.50 per share for the year 2010-11.
CRISIL assigns valuation grade of 5/5 to Omaxe
CRISIL Research has come out with its report on Omaxe. The research firm has initiated coverage on the company with a Valuation Grade of ‘5/5’ and has maintained the fair value of Rs 176 per share.
Indus Towers may buy Vodafone's tower arm for Rs 3500cr
Indus Towers, jointly owned by Bharti Airtel, Vodafone Essar and Idea Cellular may be looking at acquiring Vodafone’s tower arm (with 7,000 units) for Rs 3,500 crore. For this, the company may be looking to raise Rs 2,000 crore.
CRISIL assigns valuation grade of 5/5 to Somany Ceramic
CRISIL Research has come out with its report on Somany Ceramic. The research firm has initiated coverage on the company with a Valuation Grade of ‘5/5’ and has maintained the fair value of Rs 84 per share.
CRISIL assigns fair value of Rs 44 to Modison Metals
CRISIL Research has come out with its report on Modison Metals. The research firm has initiated coverage on the company with a fundamental grade of 3/5 and has maintained the fair value of Rs 44 per share.
CRISIL assigns fair value of Rs 1241 to Dynamatic Tech
CRISIL Research has come out with its report on Dynamatic Technologies. The research firm has initiated coverage on the company with a fundamental grade of 4/5 and has maintained the fair value of Rs 1241 per share.
NHB says housing demand hit due to high prices, rates
Demand for housing has been hit mainly due to high real estate prices and hardening interest rates, said RV Verma, chairman and managing director, National Housing Bank, Thursday.
The Mind - Money relationship
Most of us tend to bend towards emotions when it comes to matters related to Money rather than applying Intuitive or Analytical thinking. To live a hassle free life, Investment expert Gaurav Mashruwala advices us to train our mind to react to situation leaving emotional quotient behind.
NALCO to invest Rs 274 cr in wind power project; stock up
National Aluminium Company (NALCO) is going to invest Rs 274 crore in wind power project, reports CNBC-TV18, quoting DowJones. It touched an intraday high of Rs 94 and an intraday low of Rs 90.55. At 13:14 hrs the share was quoting at Rs 92.30, up Rs 0.25, or 0.27%.
Areva T&D announces demerger of distribution biz ops
Areva T&D has announced demerger of distribution business operations, reports CNBC-TV18. It touched an intraday high of Rs 273.80 and an intraday low of Rs 255.50. At 13:13 hrs the share was quoting at Rs 266.55, up Rs 5.35, or 2.05%.
CBI gives clean chit to Tata Group in 2G case; stocks react
Tata Communications touched an intraday high of Rs 233.40 and an intraday low of Rs 219. At 13:07 hrs the share was quoting at Rs 230.95, up Rs 9.05, or 4.08%.
Goldman bearish on Hero Honda, M&M; likes Bajaj Auto, Bosch
Does the recent weakness in shares of leading automobile companies represent a good buying opportunity? Check out Goldman Sachs analysts Sandeep Pandya and Ankit Mehrotra’s thoughts on the sector, following tepid May sales reported by most auto makers.
CRISIL assigns valuation grade of 3/5 to ABG Shipyard
CRISIL Research has come out with its report on ABG Shipyard. The research firm has initiated coverage on the company with a Valuation Grade of ‘3/5’ and has maintained the fundamental grade of 3/5.
Nomura bearish on truck/bus sales, 'neutral' on Tata Motors
Brokerage house Nomura has retained its ‘neutral’ rating on Tata Motors after the company’s May sales fell 3.2% compared to April.
Nifty trades lower; banks, metals, auto down
The NSE Nifty was trading weak but holds 5550 mark. Selling was seen in banks, metal, auto, realty and capital goods stocks. However, FMCG and pharma stocks witness buying interest.
Buy Reliance Infra; target of Rs 783: KRChoksey
KRChoksey is bullish on Reliance Infra and has recommended buy rating on the stock with a target of Rs 783 in its May 30, 2011 research report.
Buy Tata Steel; target of Rs 740: KRChoksey
KRChoksey is bullish on Tata Steel and has recommended buy rating on the stock with a target of Rs 740 in its May 29, 2011 research report.
Buy HDIL; target of Rs 225: PINC Research
PINC Research is bullish on Housing Development and Infrastructure (HDIL) and has recommended buy rating on the stock with a target of Rs 225 in its May 30, 2011 research report.
Buy Ashok Leyland; target of Rs 64: Angel Broking
Angel Broking is bullish on Ashok Leyland and has recommended buy rating on the stock with a target of Rs 64 in its May 27, 2011 research report.
CRISIL assigns valuation grade of 5/5 to Aarvee Denims
CRISIL Research has come out with its report on Aarvee Denims & Exports. The research firm has initiated coverage on the company with a Valuation Grade of ‘5/5’ and has maintained the fair value of Rs 75 per share.
