Friday, March 27, 2009

BOR: Stocks inaction for the day: Satyam, Tata Motors, DLF, RIL, Novartis while IT stocks in focus

Happy Gudi Padwa to u & ur family....!!!

Satyam: R1: 44.9, R2: 47.5, R3: 50.2, S1: 39.6, S2: 36.9, S3: 34.3

Satyam - -Sources say Spice Corp may send fresh letter to Satyam board -Spice Corp will start due diligence once Satyam replies to queries: Sources 2 bidders start due diligence on Satyam; IBM 1 of them ((Reuters report says IBM not bidding))

DLF: R1: 182.7, R2: 189.1, R3: 194.8, S1: 170.6, S2: 164.9, S3: 158.5

DLF cuts rates in Gurgaon project by 20%.

Tata Motors: R1: 184.5, R2: 193.1, R3: 205.9, S1: 163.2, S2: 150.4, S3: 141.8

Tata Motors - -Tata Motors mulls options to manufacture Nano -Tata Motors mulls contract, kit assembly options for Nano -Contract manufacturing, kit assembly to cut Nano cost -Nano making contract may continue even after Sanand operations

New listing:-Brandhouse Retails; no circuit filter today((demerged entity of S Kumar’s promoters, co does not hold any stake)) -FIIs need RBI nod to buy further shares of company as their holding reaches 24% limit.


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