Resistances are at MYR 2,460, 2,510 & 2,585
Posts tagged BL
Debt recast may boost 3i Infotech (07-12-2015)
The 3I Infotech board on Monday approved a realignment scheme with its creditors. The proposal includes waiver of interest up to March 31, 2016, conversion of about 35 per cent of the principal co…
Amtek: JP Morgan allows redemption in 2 schemes (07-12-2015)
JP Morgan AMC has allowed investors to place requests for redemption/ switch out of the segregated asset portion of two of its schemes — JPMorgan India Treasury Fund — Segregated Asset Growth Opti…
Motilal Oswal let off with a warning (07-12-2015)
Cites earlier fine of ₹75,000 & corrective measures taken by the brokerage as reasons for leniency
Ashok Leyland suspends work at Ennore plant (07-12-2015)
Ashok Leyland has informed the exchanges that due to heavy rains/floods in Chennai, production activity was stopped at its manufacturing unit in Ennore, near Chennai. The company will be abl…
Talwalkars to issue 250 NCDs valuing ₹25 cr (07-12-2015)
Talwalkars Better Value Fitness has informed the exchanges that its board of directors on Monday approved the allotment of 250 non-convertible debentures of ₹10 lakh each (10 per cent, secur…
Rolta India not to extend pact with Meprolight (07-12-2015)
The board of directors of Rolta India has decided not to extend the joint venture arrangement between the company and Meprolight (1990). The agreement stands lapsed as the condition preceden…
Clearwater Capital selling continues in Jamna Auto (07-12-2015)
Shares of Jamna Auto will remain in focus as Clearwater Capital Partners (Cyprus) continues its selling spree. On Monday, it sold 65.5 lakh shares on the BSE though the identity of the buyers is n…
Good news from China for steel makers? (07-12-2015)
Steel shares, such as SAIL, Tata Steel and Jindal Steel, may see market attention as China’s record steel shipments will shrink next year as overseas demand slows and global trade friction increas…
Broker’s call (07-12-2015)
IIFLPersistent Systems (Buy)CMP: ₹677Target: ₹755Persistent Systems’ analyst meeting was a departure from the usual format of business presentations. Breakout se…