A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Hey ! Guess What ! now Reliance Mutual Fund,who hold 5% of the Equity in Novartis have questioned the Inter-group Lending in Novartis…As at March 31,2008,Novartis Group Companies owned Rs 340 crs to Novartis…that’s 76% of the Networth of Novartis……also during 2007/8 the quantum of Intergroup Loan Transactions was as high as Rs 2457 …
Reliance Mutual Fund raises Corporate Governance Issues in Novartis Read More »
Sesa Goa is quoting ex bonus and ex sub division today at Rs 175 indicating a price of Rs 3500…up 6% from yesterday’s closing of @ Rs 3300…It’s in No Delivery Period as Record Date is August 18,2008 for the bonus and Sub Division….Volume is strong at over 38 lakh shares on the BSE just …
Sesa Goa goes XB/XS today and is quoting up 6% at Rs 175 Read More »
Is the Pot Calling the Kettle Black !? Giridharilal Jagatramka of Gujarat NRE Coke has accused Son In Law, Ratan Lal Tamakhuwala of Gremach and Austral (Currenly IPO is Open) of misstatements in the Prospectus of Austral and misusing the Name of Gujarat NRE to promote the IPO of Austral….Main accusations are that the Capacity of …
Gremach & Austral taking Investors for a ride says Gujarat NRE Coke Read More »
The Crop Protection Chemical Company,Sabero Organics has announced a few days ago fabulous three months ended June 30,2008.It has earned Rs 6.3 crs on sales of Rs 82 crs ,of which Rs 39 .33 crs were exports….compare this with routine quarterly sales of just over Rs 40 crs and a profit of Rs 5.3 crs …
Fabulous Quarterly Show by Sabero Organics Gujarat…..Rs 24 Read More »
Today’s Front Page of Business Standard carries detailed proof of how Several Companies connected to the Ambanis of Reliance Industries short sold 105.8 million shares of RPL in the Derivatives Segment with inside knowlege that RIL was to offload 4.01% stake in RPL and the price of RPL would crash…..Check it Out at http://www.business-standard.com/india/storypage.php?autono=330603 WINDFALLGAINS’ Entity …
Proof Of Insider Trading in RPL…Yet Blind Eye Turned by SEBI Read More »
Delay that purchase of Real Estate by a few months…Developers and Builders are on the edge…final straw would be lack lustre Festival Sales in October and November this year…post Diwali you will see a significant drop in Real Estate Prices across towns and cities…you’re already getting resales at 30% lower than Developer’s price in the …