Business Standard

Hindustan Motors surges on restructuring plans

The board of directors of the company will meet on January 10, 2013 to consider restructuring of the company.

Related News

Hindustan Motors has surged 20% to Rs 12 after car and utility vehicle maker said that it is considering the of the company.

“The board of directors of the company will meet on January 10, 2013 to consider restructuring of the company,” said in a statement.

The stock opened at Rs 10.65 on the BSE and has seen huge trading volumes on the counter. As many as 2.71 million shares have already changed hands on the counter against an average around 110,000 shares that were traded daily in past two weeks.

Read more on:   
|
|

Read More

Trading Strategies: Suzlon Energy, Unity Infra, Titan Industries

Check out how key stocks stakc up on the technical parameters with Ravi Nathani, technical analyst, Nsetoday.com.

Recommended for you

Advertisements

Quick Links

Market News

High rollovers into Feb series but markets remain cautious

Retail and HNI rollover short positions while FIIs rollover longs

Coal India OFS: An opportunity for investors

Valuations reasonable, say observers, and outlook for most of fundamentals looking up, for a variety of reasons

Institutional shareholders' activism up manifold in 2014

They voted against 448 resolutions in 2014, managed to defeat five

BS Primer: Retail investors' guide to the Coal India mega share sale

Coal India OFS aims to sell 63 mn shares, 12.6 mn of those to retail investors

With India bulls everywhere, a rare look at what could go wrong

There are times in financial market rallies where the gains become so spectacular and the euphoria reaches such a pitch that it becomes easy to ...

 

Back to Top