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Sushil Finance is bullish on Unity Infraprojects and has recommended buy rating on the stock with a target of Rs 151 in its January 14, 2011 research report.
Aditya Birla Money has announced its results for the quarter ended December 2010. It has reported consolidated net loss at Rs 4.8 crore as against profit of Rs 3.8 crore (YoY).
2010 is a watershed year for the investors’ community in many ways. India regained the high growth rate, monsoon was plenty to spread cheer, auto sector saw huge growth, and stock market touched the same all time high of 2008.
Hindustan Zinc has announced its results for the quarter ended December 2010. It has reported net profit at Rs 1,289 crore as against Rs 1,149 crore, a growth of 12.18% on Year-on-Year basis.
Hind Zinc board has approved bonus share in the ratio of 1:1 & stock split of Rs 10 each into 5 equity shares of face value of Rs 2 each
At 14:55 hours IST - equity benchmarks extended losses on the back of sell-off in oil & gas, capital goods, technology, FMCG, cement, financial (barring ICICI Bank) and healthcare companies' shares.
The environment minister said on Wednesday he was willing to revive Vedanta Resources' plans to expand its refinery in Orissa state provided the firm met certain conditions.
Anand Sinha takes over as RBI Deputy Governor
Nirma delisting offer has received bids for 1.92 crore shares so far, reports CNBC-TV18. It touched an intraday high of Rs 247 and an intraday low of Rs 237.55. At 14:39 hrs the share was quoting at Rs 246, up Rs 6.80, or 2.84%.
The world's seventh largest steel maker Tata Steel's follow-on public offer has opened for subscription. Angel Broking also likes Tata Steel for its buoyant business outlook.
Asit C. Mehta has maintained hold rating on Deccan Chronicle Holdings with a target of Rs 112 in its January 18, 2011 research report.
HCL Infosystems is going to sell entire stake in unit HCL Infinet to Tikona, reports CNBC-TV18. It touched an intraday high of Rs 112.25 and an intraday low of Rs 109.70. At 14:22 hrs the share was quoting at Rs 112.25, up Rs 3.30, or 3.03%.
Indian telecom companies declared their sales numbers for the month of December. Reliance Communications added 3.28 million mobile users in December and country's largest telecom player Bharti Airtel added 3.1 million GSM users in same month, which was flat compared to previous month.
India gold buying retreated on Wednesday afternoon, as prices extended gains for a fourth session supported by a weaker dollar, though limited supplies pressured premiums upwards, dealers said.
Citigroup Inc plans to name John Havens as president and chief operating officer as part of a structural overhaul to address the bank's efforts to expand, the Wall Street Journal said.
US crude rose to near USD 92 a barrel on Wednesday, boosted by a fall in the dollar to two-month lows, while Brent crude extended gains on worries over a supply crunch.
The Reserve Bank of India has temporarily relaxed asset classification rules for bank loans to the microfinance sector, a move that it said will allow them to continue lending to the industry.
Artists, designers, entertainers and philanthropists are joining forces for the second annual green auction, which last year raised over USD 2 million for environmental groups.
Angel Broking is bullish on Exide Industries and has recommended accumulate rating on the stock with a target of Rs 157 in its January 18, 2011 research report.
Surana Ventures board meet to consider raising up to USD 25 million and listing on London SE on January 27, reports CNBC-TV18. It touched an intraday high of Rs 49.40 and an intraday low of Rs 46.15. At 13:55 hrs the share was quoting at Rs 48.55, up Rs 1.20, or 2.53%.
Bajaj Auto has announced its third quarter results. The company's Q3 net profit was up 40.42% at Rs 667 crore versus Rs 475 crore, reports CNBC-TV18. It touched an intraday high of Rs 1,309.90 and an intraday low of Rs 1,274.70. At 13:50 hrs the share was quoting at Rs 1,285.50, down Rs 9, or 0.70%.
At 13:48 hours IST - equity benchmarks slipped below key psychological levels in afternoon trade after witnessing a tight range since morning. The Nifty broke the 5700 level and the Sensex tanked has touched 19,000-mark amid volatility.
Prabhudas Lilladher is bullish on GAIL India and has recommended accumulate rating on the stock with a target of Rs 528, in its January 19, 2011 research report.
Bajaj Auto has announced its third quarter results. The company's Q3 net profit was up 40.42% at Rs 667 crore versus Rs 475 crore.
Teenagers who frequently encounter the Marlboro man, or other familiar icons of the tobacco and cigarette industry, may be more likely to be lured into lighting up, according to a study.
