Angel Broking has come out with its earning estimates on Infrastructure sector for the quarter ended December 2010. According to the research firm, Jaiprakash Associates December quarter sales are expected to go up by 22% at Rs 3616 crore, Year-on-Year, (YoY) basis.
Axis Bank was the top gainer on the Nifty. It touched an intraday high of Rs 1,233.55 and an intraday low of Rs 1,200.10. At 12:30 hrs the share was quoting at Rs 1,226.80, up Rs 25.20, or 2.10%.
Angel Broking has come out with its earning estimates on Infrastructure sector for the quarter ended December 2010. According to the research firm, IVRCL Infrastructure and Projects December quarter sales are expected to go up by 17.8% at Rs 1391 crore, Year-on-Year, (YoY) basis.
State-run Indian Oil Corp's share sale will be delayed to the next financial year beginning on April 1, Oil Secretary S Sundareshan said on Monday.
Though the government has raised petrol prices for the second time in a month on the back of rising crude oil prices, consumers of diesel users can heave a sigh of relief for atleast sometime now.
Jaiprakash Associates was among major losers on the Sensex. It touched a 52-week low of Rs 91.15. At 12:11 hrs the share was quoting at Rs 91.45, down Rs 2.20, or 2.35%.
Indian state-run energy explorer Oil and Natural Gas Corporation has mandated six banks for its follow-on public offer to raise about USD 3 billion, IFR said on Monday.
Chinese shares slipped on Monday, heading towards a key near-term support level, after a rise in lenders' reserve requirements and talk of a property tax in Shanghai kept bank and developer stocks under pressure.
Angel Broking has come out with its earning estimates on Infrastructure sector for the quarter ended December 2010. According to the research firm, IRB Infrastructure Developers December quarter sales are expected to go up by 78.9% at Rs 775 crore, Year-on-Year, (YoY) basis.
Nelcast at its meeting held on January 17, 2011 has declared special silver jubilee dividend at Rs 12 per share.
Wipro has its board meeting on Jan 21, 2011 to consider interim dividend.
Marsons at its meeting held on January 15, 2011 has declared bonus share in the ratio 1:4.
Nelcast board has announced special dividend of Rs 12 per share, reports CNBC-TV18. It touched an intraday high of Rs 122 and an intraday low of Rs 112.20. At 11:57 hrs the share was quoting at Rs 118.50, up Rs 4.40, or 3.86%.
At 11:54 hours IST - the benchmark Nifty was holding the 5650 level amid extreme choppy trade today, led by support from technology, financial and select healthcare companies' shares along with ITC, NTPC and ACC.
PBA Infrastructure touched an intraday high of Rs 72.45 and an intraday low of Rs 63.20. At 11:55 hrs the share was quoting at Rs 70.75, up Rs 8.15, or 13.02%.
Angel Broking has come out with its earning estimates on Infrastructure sector for the quarter ended December 2010. According to the research firm, HCC December quarter sales are expected to go up by 10.1% at Rs 994 crore, Year-on-Year, (YoY) basis.
According to IIFL, traders can sell Dena Bank Jan Futures below Rs 100 with stop loss of Rs 102.50 for target of Rs 95, in its January 17, 2011 research report.
Angel Broking is bullish on Steel Authority of India (SAIL) and has recommended accumulate rating on the stock with a target of Rs 182 in its January 14, 2011 research report.
Liquidity Adjustment Facility : Auction Results
Media & entertainment company Midvalley Entertainment has fixed an issue price at higher end of price band of Rs 64-70 a share. It raised Rs 60 crore as against issue of 85,71,429 equity shares.
Fitch Ratings said, in a just published report, that the outlook for India's oil and gas industry is stable for 2011. This is based on the agency's expectation that ties between the government and its majority-owned oil companies will not weaken.
China's central bank has devised calibrated reserve ratios for different banks to tighten curbs on bank lending and tame quickening inflation, Chinese media said on Monday.
Anand Rathi Securities is bullish on HDFC and has recommended buy rating on the stock with a target of Rs 834.60 in its January 14, 2011 research report.
JRG Securities is bullish on Sintex and has recommended accumulate rating on the stock with a target of Rs 230 in its January 14, 2011 research report.
Shekhawati Poly-Yarn touched an intraday high of Rs 27.45 and an intraday low of Rs 27.45. At 11:17 hrs the share was quoting at Rs 27.45, down Rs 3, or 9.85%.