Reliance Petroleum (RPL): R1: 118.4, R2: 120, R3: 122.5, S1: 114.4, S2: 111.8, S3: 110.3.
Market sources: -SEBI issues show cause notice to Reliance Petroleum (RPL) -Show cause follows investigation into alleged insider trading -Transactions by RIL (Reliance Industries) in shares of RPL in November 2007 under scanner -Show cause under FUTP, insider trading regulations -RIL had sold 18 crore RPL shares from November 6 to November 23, 2007
Sobha Developers: R1: 104.3, R2: 105.8, R3: 107, S1: 101.5, S2: 100.3, S3: 98.8.
Sobha Developers board approves: -Raise additional capital up to Rs 70 crore
-Increase in FII investment limit up to 100% of equity
Tata Motors: R1: 263.8, R2: 269.3, R3: 288.6, S1: 250, S2: 241.7, S3: 236.
Tata Motors -Says to deliver 1 lakh Nano units by December 2010; delivery to start in July -Nano gets 2.03 lakh fully paid bookings; company gets nearly Rs 2,500 crore from bookings
ACC: R1: 674.5, R2: 694.1, R3: 706.2, S1: 642.8, S2: 630.7, S3: 611.1.
JPAssociates: R1: 150.9, R2: 154.2, R3: 158.8, S1: 143, S2: 138.4, S3: 135.1.
Positive Cement numbers: -ACC April cement sales at 1.8 MT (million tonnes) versus 1.73 MT-AB Group April cement sales up 17.4% at 3.18 MT versus 2.71 MT –Jaiprakash Associates April cement sales up 27.9% at 7.9 lakh tonnes
Other stocks in the news:
-Maruti looking to raise capacity by 2 lakh units in next 2 years to cater small car segment demand.
-Bharti's $ 2 billion network contract up for grabs (The contract will come up for renewal next year and Bharti will start inviting tenders in next few months)
-Chrysler may trim outsourcing contracts to Indian IT companies (Chrysler is $100 million account for TCS)
-Reliance MF, other FIs set to oppose Pfizer's open offer at Rs 675/sh.
-Producers, Multiplex owners to meet today to resolve their imbroglio
-Matrix Labs delisting offer opens on May 25, closes on May 29 (offer at Rs 150/sh)
-Gremach Infra board approves issue of 4.9 crore warrants up to Rs 31/share to promoters on preferential basis
-Source says Tata Steel hikes long product spot price by Rs 300-500/t:
-Dealers say SAIL to raise Rs 500 crore via 10-year NCD issue:
Market sources: -SEBI issues show cause notice to Reliance Petroleum (RPL) -Show cause follows investigation into alleged insider trading -Transactions by RIL (Reliance Industries) in shares of RPL in November 2007 under scanner -Show cause under FUTP, insider trading regulations -RIL had sold 18 crore RPL shares from November 6 to November 23, 2007
Sobha Developers: R1: 104.3, R2: 105.8, R3: 107, S1: 101.5, S2: 100.3, S3: 98.8.
Sobha Developers board approves: -Raise additional capital up to Rs 70 crore
-Increase in FII investment limit up to 100% of equity
Tata Motors: R1: 263.8, R2: 269.3, R3: 288.6, S1: 250, S2: 241.7, S3: 236.
Tata Motors -Says to deliver 1 lakh Nano units by December 2010; delivery to start in July -Nano gets 2.03 lakh fully paid bookings; company gets nearly Rs 2,500 crore from bookings
ACC: R1: 674.5, R2: 694.1, R3: 706.2, S1: 642.8, S2: 630.7, S3: 611.1.
JPAssociates: R1: 150.9, R2: 154.2, R3: 158.8, S1: 143, S2: 138.4, S3: 135.1.
Positive Cement numbers: -ACC April cement sales at 1.8 MT (million tonnes) versus 1.73 MT-AB Group April cement sales up 17.4% at 3.18 MT versus 2.71 MT –Jaiprakash Associates April cement sales up 27.9% at 7.9 lakh tonnes
Other stocks in the news:
-Maruti looking to raise capacity by 2 lakh units in next 2 years to cater small car segment demand.
-Bharti's $ 2 billion network contract up for grabs (The contract will come up for renewal next year and Bharti will start inviting tenders in next few months)
-Chrysler may trim outsourcing contracts to Indian IT companies (Chrysler is $100 million account for TCS)
-Reliance MF, other FIs set to oppose Pfizer's open offer at Rs 675/sh.
-Producers, Multiplex owners to meet today to resolve their imbroglio
-Matrix Labs delisting offer opens on May 25, closes on May 29 (offer at Rs 150/sh)
-Gremach Infra board approves issue of 4.9 crore warrants up to Rs 31/share to promoters on preferential basis
-Source says Tata Steel hikes long product spot price by Rs 300-500/t:
-Dealers say SAIL to raise Rs 500 crore via 10-year NCD issue:
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