A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
RNRL surged over 11% today from a close of below Rs 90 yesterday to close at above Rs 100 today……It was Rs 74 a week ago just before the Trust Vote on the Nuclear Deal in Parliament BSE Volumes today were 3.88 crore shares (Rs 375 crores) which interestingly is more than One crore shares from the …
Watch out for RNRL…From Rs 74 to Rs 101 in a week ! Read More »
Ofcourse all knew this would happen….that the Share Price of all Companies in the Anil Ambani Group will surge if UPA wins the Trust vote…They did and the surge was the result….but what a surge!…Have a look…In fact if you go back to last week prices the surge has been even more spectacular Scrip 23/7/2008 …
ADAG SCRIPS Surge over 12% to 23% in one day as UPA wins Trust Vote! Read More »
We all know that SESA GOA has been sizzling for a few years now…..but this Quarter’s results show that this Iron Ore Company,now part of the Vedanta Group , which holds a 51.12% has put up a spectacular show.It’s unaudited consolidated Profit is Rs 633 crs for the three months ending June 30,2008 against just Rs 33 crs …
There’s an Interesting New Shareholder with over 1% stake in Indiabulls Real Estate http://www.bseindia.com/shareholding/shareholdingPattern.asp?scripcd=532832&qtrid=58 Gauri Avinash Bhosale holds 2837252 equity shares constituting 1.1% of total equity.This is an investment of over Rs 86 crores at todays closing of Rs 305 She was not holding this as on March 31,2008.She is the wife of Pune based property …
An interesting new big New Shareholder in Indiabulls Real Estate Read More »
Today’s edition of Business Standard carries in a regular column “Without Contempt” an article by Somasekhar Sundaresan….he highlights the dilemma of an Acquirer,one he discloses he has represented,…in that it on one hand it can be accused of violating the Insider Trading Regulations(In non Hostile takeovers),which prohibits communication or counselling of unpublished price-sensitive information and on …
Nirma disallowed to withdraw offer for Shree Rama Multi-tech Read More »
Can’t help it ! this is my second post in two days on Ranbaxy The Share Price is Rs 440 just now on BSE…The Open Offer opens on August 8,2008 and ends on August 27,2008.It is a direct offer to shareholders who will have to tender their shares at Rs 737 and expect only one …
Ranbaxy :Is there any Rationale in Holding for the Open Offer? ? Read More »