The Hindu Business Line : Saturday, December 03, 2005

UTI declares 1:5 bonus for pension fund
UTI Retirement Benefit Pension Fund has declared a bonus in the ratio of one unit for every five units held of face value of Rs 10 each. The record date for the bonus is December 23, 2005. This is the third time that the bonus has been ... More

STOCKS

Panyam stock split okayed
HYDERABAD: The shareholders of Panyam Cements & Mineral Industries Ltd, at the extraordinary general meeting held on Wednesday, have approved a proposal to split the shares of the company. Accordingly, the shares will now be split into ... More

Flex Industries clarifies
With reference to the news item "Driven by export order hopes" published in these columns on November 17, Flex Industries has clarified that they are into the business of manufacturing and dealing in flexible packaging materials, plastic films ... More

TECHNICAL ANALYSIS

Volatile movement
FRIDAY'S trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters turned bullish. Bear domination on Monday is likely to change the sentiment reading in its favour. On the contrary, the prevailing ... More

STOCK EXCHANGES

BSE scores over NSE in ICICI Bank issue
THE ICICI Bank follow-on public issue has struck a somewhat different note on the bidding front, given the obvious supremacy of Bombay Stock Exchange in this matter, a trend that seems to have overshadowed the National Stock Exchange. As the ... More

STOCK MARKETS

`Booming Sensex reflects buoyant economy'
`As long as price earning ratio is within limits, we should not get worried about the movement of index'. More

Order talk keeps Hindustan Construction strong
HINDUSTAN Construction on Friday shot up by around six per cent with surge in volumes in anticipation of a fresh order. The stock finished at Rs 121.05, a record high after it was split. The stock split, from Rs 10 each to Rs 1 each, took ... More

FOREIGN INSTITUTIONAL INVESTORS

FIIs continue to make a beeline for Indian bourses
THE Indian stock markets, even as they trade at all-time high levels, continue to lure foreign institutional investors (FIIs) in a big way. In the first eight months of the current fiscal, a total of 136 new FIIs registered themselves with the ... More

COMMENTARY

Last-hour profit taking spoils party
MARKETS saw a free-fall towards the close of trade on Friday as major indices lost early gains made during the day. The BSE Sensex gained 16.8 points and closed at 8961.6. Markets opened the day on a firm note and effortlessly hit an all-time ... More

IPOS

Radha Madhav Corpn plans IPO
MUMBAI: The Daman-based packaging and printing company Radha Madhav Corporation Ltd (RMCL) announced that is coming up with an initial public offer (IPO) of one crore equity shares of Rs 10 each at a premium of Rs 10 per share aggregating ... More

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