• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Aug. 7 The stock of ICI India has gained considerably on the bourses on news that the Dutch chemical group Akzo Nobel NV may announce an open offer to the shareholders of ICI India Ltd as it has received access to the books of ICI India’s parent company, Imperial Chemical Company PLC.

The stock touched an intra-day high at Rs 539 and gained Rs 3.55 in the day to settle at Rs 528. The total traded quantity of shares on the BSE stood at 7,519 shares on Tuesday. It gained 4 per cent over a week.

However, the buyback of shares announced by ICI India in August last year failed to receive a good response from the investors and the buy back was unsuccessful.

More Stories on : Stocks | Mergers & Acquisitions | Chemicals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
DBS Chola Infrastructure fund launched

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line