Broader markets outperform benchmark indices, gaining over 1% on BSE
HDIL, Sobha Developers, Oberoi Realty, Indiabulls Real Estate, Peninsula Land, Anant Raj Industries and DB Realty have rallied more than 5% each on BSE.
Cites stable revenue growth over the medium term, cheaper valuations for upgrade
Broader markets outperform benchmark indices, gaining nearly 1% on BSE
The company plans to raise about Rs 175 crore through placement of shares to fund expansion and augment long term-resources.
AstraZeneca Pharmaceuticals AB Sweden has decided to reduce its shareholding in the company to meet minimum public shareholding norm.
Global investor sentiment improved after US service-industry growth gained momentum, while China maintained its economic-growth target
Markets are expected to open on a positive note tracking firm Asian shares and late-night rally in US stocks.
If the Dow ends the day at these levels, it will also set a new record closing high, above 2007's 14,164
Analysts optimistic on FY14 prospects on rise in capacity and higher rates for supply
Sector officials say interest is returning; MFs' net sales decline substantially in Feb
Taro should continue driving the US business and regulator approval for Lipodox supplies
Authorised share capital to be raised from Rs 200 cr to Rs 250 cr to facilitate the exercise