The Hindu Business Line : Saturday, March 18, 2006

M&M Financial lists at 12.5% premium
The Mahindra & Mahindra Financial Services Ltd stock made its debut on the stock exchanges on Friday. At the listing ceremony, a farmer, who happens to be a rural customer of MMFSL, pressed the button to start the day's trading, along with Mr ... More

StanChart arms picks 16% stake in GTL
Standard Chartered Investments and Loans (India) Ltd has acquired 16.06 per cent of the total share capital of GTL Ltd. It acquired 1,31,86,717 shares in GTL on March 10 said GTL in a statement to the stock exchanges. Standard Chartered ... More

Galada Power: Bets on turnaround
Galada Power, an alloy power conductor maker, is witnessing accumulation in the past one week on its turnaround bet. On Friday, the stock finished at Rs 12.64, up 4.12 per cent, on the BSE. In the past one week, it has gained by over 20 per cent. ... More

Precot Mills-Meridian Ind share swap ratio fixed at 1:2
Spindle capacity to go up by 25 per cent More

Nagarjuna Construction up on high expectations
Market players betting on flow of orders, BOT, BOOT projects More

SISCO active on better return hopes
Southern Iron & Steel, a Jindal group outfit, which had acquired Lakshmi Machine group's 1-million tpa steel unit, is attracting Dalal Street's interest on hopes of improvement in returns. The stock clocked a traded quantity of 6.22 lakh ... More

Visa Steel lists at Rs 58.9 on BSE vs IPO price of Rs 57
Visa Steel made its debut on the Bombay Stock Exchange and National Stock Exchange on Friday. The stock opened at Rs 58.90 on the BSE against the issue price of Rs 57. It touched a high of 61.90 and a low of Rs 49.55 and closed at Rs ... More

Parsvnath Developers files draft red herring prospectus with SEBI
Parsvnath Developers Ltd has filed its draft red herring prospectus with SEBI for a public issue of up to 3.32 crore equity shares. Of the total equity float, up to 3.30 crore equity shares are for the public, while the balance up to two lakh ... More

TECHNICAL ANALYSIS

Volatile movement
Friday's trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters remains bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

COMMENTARY

Markets fail to capitalise on early gains
More

IPOS

RPG retail arm may tap capital market next year
The name of the holding company would be changed too More

Kashyap shares listed at 16% premium
Shares of B.L. Kashyap and Sons Ltd were listed on the NSE at Rs 800.50, which is at a premium of 16.86 per cent compared to the issue price of Rs 685. On the BSE, the shares opened for trading at Rs 749.90, a premium of 9.47 per ... More

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