MARKETS
PREFERENTIAL ALLOTMENTS
Saksoft makes pref allotment
Saksoft, a Chennai-based IT company, has raised Rs 3.27 crore through preferential allotment of 1.40 lakh equity shares at Rs 233.65 a share to the US-based TransUnion Interactive. Post allotment, the American company will have 1.16 per cent ...
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MUTUAL FUNDS
UTI Mutual Fund eyeing more Asian markets
To leverage its tie-up with Shinsei Bank of Japan
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STOCKS
LIC hikes stake in Cipla to 8.47%
JM Financial Mutual Fund has bought 50,000 shares in Hanung Toys and Textiles, taking its stake in the company to 5.04 per cent. DEG-Deutsche InvestitionsundEntwicklungsgesellschaft mbH sold five lakh shares of SREI ...
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Re-rating talk pushes up Zensar
The Rs 10-face valued Zensar Technologies stock on Monday climbed 3.7 per cent to close at Rs 356.70 on the NSE. The company, some quarters say, is in for a re-rating, following what are being seen as early signs of improvement ...
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TECHNICAL ANALYSIS
Sideways movement
Today's market witnessed sideways movement. The sentiment reading of the tradable counters turned bearish. Bull move on Tuesday has the potential to change the sentiment reading to bullish. On the contrary, the prevailing bearish sentiment is ...
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INTERVIEW
`Retail investors wiser after the May 2006 experience'
The retail investors are flocking to the derivative segment, especially the stock futures in the National Stock Exchange. The situation is reminiscent of April 2006 when unbridled trading in the stock futures by retail investors exacerbated the ...
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IPOS
Suryachakra Power to enter capital market
Issue open during June 25-29
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Glory Poly debuts at 4% premium
The shares of Glory Polyfilms got listed on the BSE on Monday at Rs 50, a premium of 4.16 per cent against the issue price of Rs 48. It touched an intra-day high of Rs 84 before closing at Rs 61.85. On the NSE, the stock made its debut at Rs ...
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BONUS ANNOUNCEMENTS
1:2 bonus from Geodesic Info
Geodesic Information Systems has recorded a 176.3 per cent rise in consolidated net profit to Rs 31.12 crore for the quarter ended March 31 2007, as against Rs 11.25 crore reported in the corresponding year-ago quarter. The ...
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