be suspended from December 28 - It will merger with IDFC Bank
ONGC approved share buy-back at Rs159 a share worth Rs40.22bn or nearly 2.5% equity, ONGC sets Jan 4 as record date for share buy-back - It is a small share buy-back. However, ONGC has a strong fundamental and attractive dividend yield.
Mercator Line wins contract Rs1.68bn - Avoid on the stock, poor fundamental - Avoid
Fitch affirms Shriram Transport Finance rating at BB+, outlook stable and Shriram Transport Finance raises Rs4.25bn via bonds - Positive for Shriram Transport
Container Corporation issue bonus 1 share for four share held - Poor bonus issue announcement while street expectation of higher bonus
Government said to see state run bank Recap worth Rs410bn, Government is said to seek nod for Rs860bn additional spending - It will be a big positive for PSU Banks. We are positive on SBI. Union Bank, Canara Bank, OBC may positive after announcement of recapitalization.
Indian Energy Exchange approves share buy- back proposals of 1.23% of share capital at Rs185 a share - Avoid on the stock because 1% of share buy-back
Dividend – IOC,
Board Meetings – PVR,
AGM – JP Associates,
EGM - OBC
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*India Daybook Stocks in News* *MOIL:* Feb production at 1.5 lk tn manganese; up 15% YoY. (Positive) *AMI Organics:* Company gets paten...
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*GIFT Nifty +8 pts (22515) from last trade 22507 ,* Nikkei +333 pts , Hangseng +40 pts , Crude @ $79.98 brl (+0.01), Brent @ $83.62 b...