A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Should we give up on Reliance Power at Rs 177 and therefore even RNRL at Rs 45 ? Heart is soft and tells me to be hopeful and have faith and be patient…and hold Head is hard and tells me that the markets are being too kind to both…rationally and logically you should sell…markets are […]
Should we give up on Reliance Power at Rs 177…and therefore RNRL too at Rs 45 ? Read More »
The MD of Piramal Glass (PG),Vijay Shah, has invested nearly another Rs One Crore by picking up One lakh Shares of PG on June 25,2010 when the Price ranged between Rs 93 and Rs 98 that day…..He now holds 7.19 lakh shares in PG…0.89% of the Equity of 8.04 crs shares……Interesting increase in Exposure PG
Piramal Glass at Rs 95…MD increases holding through Market Purchase of 100000 shares Read More »
To Protest against the Congress led UPA Government’s recent decision to Hike Prices of Petroleum Products, the Opposition parties led by BJP and even joined by some UPA parties ! had announced a Bharat Bandh today….Political leaders are courting arrest…there is disruption in Road,Rail and Air Transport across the Nation….In Mumbai,Autos and Taxis are off
India is ‘Bandh’ today but Stock Markets are ‘Chalu’ !…Pun intended ! Read More »
Several Times I had strongly recommended IFCI as a multibagger….. starting at Rs 16 in December 2006….It raced to Rs 130 levels as the Government called for bids to sell a Strategic Stake in it….A Joint Bid by Sterlite and Morgan fell through as the Government was not transparent on Conversion of Institutional Debt to Equity ……this
IFCI at Rs 58…..Interest Reviving yet again…Rs 100 + inside a year ? Read More »
On June 15,2010,BOC announced that they had received a proposal from their majority shareholder for voluntary delisting at a price not less than Rs 225.29….The very next day BOC zoomed to a 52 Week High of Rs 314.90…It’s Rs 286 today Check out their detailed announcement here http://www.bseindia.com/xml-data/corpfiling/announcement/BOC_India_Ltd_150610.pdf On January 19,2010 I had blogged on this very
On April 21,2010,Kirloskar Oil Engines Ltd (KOEL) was suspended from Trading to facilitate the Scheme of Demerger…It was last quoted at Rs 175 in April on FV Rs 2 share The Company’s new name is Kirloskar Industries Ltd (KIL) from March 31,2010 and the demerger scheme is as below The Business of Engines and Auto Components