Monday, January 31, 2011

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Buy Recommendation – Ambika Cotton Mills

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Buy Recommendation – Ambika Cotton Mills


Buy Recommendation – Ambika Cotton Mills

Posted: 31 Jan 2011 04:03 PM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL We recommend a buy in the stock of Ambika Cotton Mills from a short-term perspective. It is evident from the charts of the stock that it has been on a long-term uptrend from its March 2009 low of Rs 37, forming higher peaks and troughs. However, following [...]

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Siemens jumps after open offer at Rs 930/share

Posted: 31 Jan 2011 04:01 PM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Siemens Ltd share price zoomed after its German parent – Siemens AG – made a voluntary open offer to acquire 6.68 crore shares or 19.82 per cent at a price of Rs 930 a share (payable in cash) on Monday. The parent already owns 55.18 per cent [...]

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Nirma Acquisition of Shares Offer Price at Rs. 260 before Delisting

Posted: 31 Jan 2011 04:00 PM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Ahmedabad-based FMCG firm Nirma Ltd today said that it has fixed the offer price for acquisition of shares held by the public at Rs 260 apiece, following which the company will delist from the bourses. The discovered price — the price at which the maximum number of [...]

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