MARKETS
OPEN OFFERS
Blackstone open offer for Gokaldas at Rs 275
Mumbai, Aug. 21 Blackstone Group, which bought 50.1 per cent in Gokaldas Exports on Monday, has made an open offer at Rs 275 per share to acquire an additional 20 per cent stake in the company.The company has fixed September 7 as ...
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Avery India delisting plan fails
Kolkata, Aug. 21 Enam Securities, manager to the open offer for 21.56 per cent residual minority shareholding in Avery India, following an overseas change of promoters in the company, has declared that the collective response was short of the ...
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STOCKS
Circuit filter data present negative picture
Selling percolates to mid & small-cap stocks
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TECHNICAL ANALYSIS
Bear domination
Trading activity witnessed bear domination on Tuesday. The sentiment reading of the tradable counters changed to bearish. Bull move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish ...
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STOCK EXCHANGES
HSE facing risk of de-recognition; board meeting today
Hyderabad, Aug. 21 The Hyderabad Stock Exchange Ltd (HSE), one of the oldest stock exchanges in India, is facing the risk of de-recognition due to poor response to its demutualisation scheme.The HSE is required to complete the ...
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STOCK MARKETS
Sensex drops below 14,000
Political concerns, global worries add to the bearish sentiment
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IPOS
Magnum Ventures plans IPO; price band is Rs 27-30
Mumbai, Aug. 21 Magnum Ventures Ltd, a company in the paper manufacturing and hospitality business, plans to enter the capital market with an initial public offering of up to 1.76 crore shares of Rs 10 each through a 100 per cent book building ...
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Central Bank of India lists at 28% premium
Central Bank of India made its debut on the Bombay Stock Exchange at Rs 130.10, at a premium of 27.54 per cent, against the offer price of Rs 102. It touched a high of Rs 133.25 and a low of Rs 114 on the BSE before closing at Rs 115.4. Total ...
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SEL Manufacturing ends higher on Day 1
Mumbai, Aug 21 The stock of SEL Manufacturing Co Ltd made its debut on the NSE at a premium of 5.6 per cent at Rs 95 as against the issue price of Rs 90. However, on the BSE the stock opened at a discount of 2.33 per cent at Rs 87.90.On ...
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PUBLIC OFFER
IT People coming out with follow-on issue
Mumbai, Aug. 21 IT People (India) Ltd, a provider of human capital solutions to the IT/ITES industry, is coming out with a follow-on public issue to raise around Rs 45.25 crore. The company intends to raise funds for bettering its ...
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