A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
RNRL surged over 11% today from a close of below Rs 90 yesterday to close at above Rs 100 today……It was Rs 74 a week ago just before the Trust Vote on the Nuclear Deal in Parliament BSE Volumes today were 3.88 crore shares (Rs 375 crores) which interestingly is more than One crore shares from the …
Watch out for RNRL…From Rs 74 to Rs 101 in a week ! Read More »
I’ve got three Masters….my wife and my two kids, an eighteen year old son and a soon to be thirteen daughter My Sensitive Eighteen Year old Son yet has to collect his College ID in the Second month of the New Year… his day begins after Noon….. and the Only time he cuddles up is …
Dr Y Venugopal Reddy, Governor, RBI, today presented the First Quarter Review of Annual Statement on Monetary Policy for the Year 2008-09 http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18886 RBI has raised the repo rate by 0.5% to 9% and the Cash Reserve Ratio by 0.25% to 9% to curb Inlation This was inevitable with Inflation trying to cross 12%…. Expect …
My eyes wandered to a headline in todays Economic Times that RAM JETHMALANI is to take on RIL. He will represent RNRL in their legal battle with RIL who is being represented by HARISH SALVE…..the dispute is that RIL is refusing to abide by an agreement of 2005 between the two Ambani Brothers ,when the Reliance Group was divided between the …
Ambani Brothers at loggerheads even before their Father Died in 2002 Read More »
Ofcourse all knew this would happen….that the Share Price of all Companies in the Anil Ambani Group will surge if UPA wins the Trust vote…They did and the surge was the result….but what a surge!…Have a look…In fact if you go back to last week prices the surge has been even more spectacular Scrip 23/7/2008 …
ADAG SCRIPS Surge over 12% to 23% in one day as UPA wins Trust Vote! Read More »
We all know that SESA GOA has been sizzling for a few years now…..but this Quarter’s results show that this Iron Ore Company,now part of the Vedanta Group , which holds a 51.12% has put up a spectacular show.It’s unaudited consolidated Profit is Rs 633 crs for the three months ending June 30,2008 against just Rs 33 crs …