The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
BSE Banks, Realty, PSU and Metal indices have plunged by nearly 1% each
SGX Nifty was up 37 points at 5660
Aurobindo Pharma, Jet Airways to be in focus
Metal, IT shares gain while banks decline
BSE Consumer Durable, Metal, Healthcare, IT, Capital Goods and FMCG indices have surged by 1% each
The bank proposed to issue 52.1 million shares of Rs 10 each via QIP route.
A combined 6.5 million shares representing 38% of free-float equity of Jet Airways have changed hands on the BSE and NSE.
The government offloaded 5.58% of its 99.59% stake in the firm an average price of Rs 156.56 per share
The management estimates the margin to sustain due to strong movie pipeline in the second half of 2012-13.
Metals shine
The company agrees to acquire 51% stake in Lakshya, a leading North India based IIT entrance teaching institute for an undisclosed amount.
Allotted 2.5 million shares to Aditya Birla Private Equity Fund at Rs 250 per share each on conversion of CCPS.
Around 22.8 million shares have changed hands on the counter till early noon deals against an average around 7 million shares that were traded daily in past ten trading days
The board of directors of the company scheduled to meet on November 27 to decide on buyback of equity shares.
Software makers, metal companies lead gains
In order to increase its public share-holding to at least 25% by June 3, 2013, the prompter have to reduce their stake by 5% as per Sebi norms
The government offloaded 5.58% of its 99.59% stake in the firm at an average price of Rs 156.56 per share, the exchange data shows.
GlaxoSmithKline Plc made an open offer at price of Rs 3,900 per share to raise its stake in its Indian consumer products arm to 75% from 43.16%.
NSE F&O turnover over Rs 1.3 lakh crore
Consumer Durables, Auto buck trend