Financial Daily from THE HINDU group of publications
Wednesday, Feb 15, 2006
Financial Daily from THE HINDU group of publications Wednesday, Feb 15, 2006 |
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Markets
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Stock Markets Columns - Ear to the ground BAL gains on revamp buzz Rajesh Abraham
Shares of Bajaj Auto witnessed buying interest from investors on market buzz that the company was going ahead with its restructuring plan by hiving off its investment arm, dealers said. The move is expected to unlock value, resulting in significant returns for investors, they said. On the weak market, Bajaj Auto shares rose by 3.64 per cent to close at Rs 2,301.55 on the BSE, compared to the Monday's close of Rs 2,220.80. Over 1.87 lakh shares were traded in the counter, compared to the two-week average of 55,924. On the NSE, the share prices rose by 3.61 per cent to end at Rs 2,301.45, compared to the previous close of Rs 2,221.35. Over seven lakh shares changed hands on the exchange.
More Stories on : Stock Markets | Two/Three Wheelers | Ear to the ground | Bajaj Auto Ltd
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