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Subex up 5%

DALAL STREET SPIKES

Read more on:    Subex | Rbi | Sensex | Unsecured Fccb
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The scrip rose 5 per cent to Rs 89.25 after the Reserve Bank of India allowed the company to proceed with a proposed restructuring of unsecured foreign currency convertible bonds by way of an exchange offer.

The company has got the nod to restructure $180 million convertible unsecured bonds due in 2012. In the last four trading sessions, the stock has risen 16 per cent as compared to a 3 per cent fall in the .

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Markets end at record closing highs

Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.

Sensex up 100 points; Infy, TCS up 2%

Sesnex is up 93 points at 26,119 and Nifty is up 18 points at 7,786 levels

Atul Limited soars over 10% on robust Q1 earnings

Q1 net profit up 48% at Rs 59.78 crore against Rs 40.45 crore in the corresponding quarter previous year.

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