Friday, March 20, 2009

BOR: Stocks in Action for the days: Akruti City, Satyam, Grasim, Dr Reddys & Telecom companies under pressure

Akruti City: R1: 2427, R2: 2643, R3: 2927, S1: 1927, S2: 1643, S3 1427.

Akruti City -NSE removes Akruti from F&O; all contracts to expire on March 26
-NSE to shift Akruti to trade-to-trade segment from March 27 -Stock to attract 5% circuit from March 27 after it moves to T2T segment -Sebi says 3 brokers from Mumbai, Kolkata being probed in Akruti case -Alert: Stock still in NSE F&O ban period


Satyam: R1: 45.1, R2: 46, R3: 47.5, S1: 43.9, S2: 43, S3 42.6.

Satyam: -Satyam may lower reported revenues by 15%. -Tech Mahindra gets Rs 1500 crore credit line to back Satyam EOI


Maytas Infra: In action.

Maytas Infra: -Have asked company to call meeting with all flat owners on March 23 -Working to detail Q3 results as soon as possible


Grasim: R1: 1490, R2: 1518, R3: 1542.5, S1: 1437, S2: 1413, S3 1384.

L&T, Grasim close to settling stake row, L&T agrees to pay dividend with arrears on Grasim shares


Telecom companies under pressure: Bharti to be eyed ahead of TRAI step

Roaming SMS charges to be slashed by 40% by telecom companies after warning from regulator TRAI


Dr Reddy: R1: 445.8, R2: 455.4, R3: 466.1, S1: 425.1, S2: 412.8, S3 404.5.

Dr Reddy’s says to exit global generics markets that contribute less than 1% to revenues, will continue operations in 10-15 markets


Global news: ArcelorMittal may halt operations at two of its three Russian coal mines until market conditions improve:


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