Investors with medium-term perspective can consider buying the stock of Usha Martin (Rs 88.5). The stock has been on a steady long-term uptrend since its March 2009 low of Rs 18.6, shaping rising peaks and
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It is all or nothing for anyone making open offers for shares in Indian companies, says the draft discussion paper tabled for public comments by SEBI's Achuthan Committee on takeover
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Turnover remained modest at Rs 81,018 crore, on Monday. The Nifty futures, which opened on firm note, closed flat at 4,850.4 and also in discount with respect to the spot close of
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GSPC (Global Strategy for Plant Conservation) seems to have begun its final run for the initial public offering, through 10 per cent fresh issue of equity shares, to part-finance its $1.7-billion (approximately Rs 8,500 crore) field development
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Nearly 60 per cent of the top listed companies have registered, as of December 2009, a decline in the retail investor (holding less than Rs 1 lakh in nominal value of paid-up capital) population compared with three months earlier (September
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In a recent public document, the Securities and Exchange Board of India (SEBI) announced changes to the Listing Agreement and SEBI ICDR (Issue of Capital and Disclosure Requirements) regulations. These amendments will require listed companies
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Mahindra & Mahindra will consider a proposal for stock-split of the face value of the equity shares of Rs 10 each into smaller denomination, said the company in a filing to the BSE on
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Vascon Engineers Ltd plans to launch an IPO of Rs 200 crore, the company said on
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The Mangalore-based Karnataka Bank Ltd has raised Rs 160.83 crore through the QIP (qualified institutional placement) route on Friday. The QIP had opened on January 20 with the committee of directors fixing the floor price at Rs 132.75 a
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Larsen & Toubro struggled to grow its revenues over its year-ago
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Indore based Syncom Healthcare, a company engaged in the marketing and manufacturing of drugs and formulations, announced on Thursday that its 75-lakh-share initial public offering will open on January 27. The price band has been fixed at Rs
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Initial Public Offerings for roughly Rs 6,500 crore have already received SEBI clearance and another jumbo basket of IPOs for Rs 33,000 crore is awaiting approval.
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Zee Entertainment has reported a set of numbers that were ahead of market expectations for the December
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We recommend a buy in Geometric from a short-term perspective. It is evident from the charts of the stock that after touching a multi-year low at Rs 10.5 in March 2009, the stock reversed direction. Since then the stock has been on a longer-term
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NTPC Ltd is betting on higher valuations for its upcoming follow-on public offering, thanks to the new `French auction' model slated to be tried out for the institutional portion of the proposed share
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