Wednesday, June 15, 2011

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Birla Pacific Fixes IPO price band

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Birla Pacific Fixes IPO price band


Birla Pacific Fixes IPO price band

Posted: 15 Jun 2011 05:09 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL The price band of Birla Pacific Medspa Ltd’s Initial Public Offering (IPO) of Rs 65 crore has been fixed at Rs 10-11 a share. The issue opens on June 20 and closes on June 23. The promoter’s stake post the issue would be 41 per cent. The [...]

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Syndicate Bank – Short Term Sell Recommendation

Posted: 15 Jun 2011 05:05 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL We recommend a sell in the stock of Syndicate Bank from a short-term perspective. It is seen from the charts of the stock that it has been on an intermediate-term downtrend since its November 2010 peak of Rs 164. In April this year, after encountering resistance around [...]

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Ashok Leyland Bonus Shares

Posted: 15 Jun 2011 05:04 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL According to a press release from the Hinduja Group company, its board of directors have approved, the issue of fully paid bonus shares in the proportion of one share of Re 1 each for every subject to statutory approvals. The bonus shares shall rank pari passu in [...]

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