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Buy Bombay Rayon with investment view: Nirmal Bang

12 Mar 10 10:56 AM
MUMBAI: Nirmal Bang Securities has recommended investors to buy shares of Bombay Rayon Fashions with an investment
perspective.

“The stock has given a fresh breakout after a long time of consolidation. This is purely an investment stock as the kind of move we see is very slow. Strong support is ..

Dewan Housing founders buy shares via inter-se transfer

11 Mar 10 02:39 PM
MUMBAI: Mortgage lender Dewan Housing Finance Ltd said on Thursday founder Kapil Wadhawan has bought 3.1 million shares, 3.77 percent of equity, in the company from Rakesh Kumar Wadhawan and Anu Wadhawan via inter-se transfer on the NSE.

Earlier in the day, the company saw 7.7 million shares or 9..

RIL: Aggressive steps key to ensuring long-term growth

11 Mar 10 02:37 PM
Although the market did not react negatively to the unsuccessful attempt by Reliance Industries (RIL) to acquire etrochemicals major LyondellBasell (some analysts cheered the development), the key challenge for the RIL would be how to drive the next phase of growth.

The company, which commissione..

Man Infra hits market with a premium of 33 pc

11 Mar 10 02:28 PM
MUMBAI: Shares of Man Infraconstruction today hit the floor with a premium of nearly 33 per cent at Rs 335 on the BSE, over its issue price.

After opening firm on the benchmark Bombay Stock Exchange, shares of the Mumbai-based construction firm surged 49 per cent to a high of Rs 374.90, over its ..

Sensex inches up, RIL snaps losing streak

11 Mar 10 01:28 PM
MUMBAI: The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) nudged 0.3% higher on Wednesday, with Reliance Industries (RIL) leading the gains, helped by small gains in Asia.

The BSE Sensex closed 0.27%, or 45.79 points, higher to finish at 17,098.33, with 18 of its components gaining. Invest..
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