A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The MD of Piramal Glass (PG),Vijay Shah, has invested nearly another Rs One Crore by picking up One lakh Shares of PG on June 25,2010 when the Price ranged between Rs 93 and Rs 98 that day…..He now holds 7.19 lakh shares in PG…0.89% of the Equity of 8.04 crs shares……Interesting increase in Exposure PG …
Piramal Glass at Rs 95…MD increases holding through Market Purchase of 100000 shares Read More »
Several Times I had strongly recommended IFCI as a multibagger….. starting at Rs 16 in December 2006….It raced to Rs 130 levels as the Government called for bids to sell a Strategic Stake in it….A Joint Bid by Sterlite and Morgan fell through as the Government was not transparent on Conversion of Institutional Debt to Equity ……this …
IFCI at Rs 58…..Interest Reviving yet again…Rs 100 + inside a year ? Read More »
On June 15,2010,BOC announced that they had received a proposal from their majority shareholder for voluntary delisting at a price not less than Rs 225.29….The very next day BOC zoomed to a 52 Week High of Rs 314.90…It’s Rs 286 today Check out their detailed announcement here http://www.bseindia.com/xml-data/corpfiling/announcement/BOC_India_Ltd_150610.pdf On January 19,2010 I had blogged on this very …
On April 21,2010,Kirloskar Oil Engines Ltd (KOEL) was suspended from Trading to facilitate the Scheme of Demerger…It was last quoted at Rs 175 in April on FV Rs 2 share The Company’s new name is Kirloskar Industries Ltd (KIL) from March 31,2010 and the demerger scheme is as below The Business of Engines and Auto Components …
I’m reproducing a blog I had posted nearly two years ago on September 27,2008 on what should be the Investment Strategy going forward….this was contrarion in the face of many experts at the time who were recommending selling at every rise…sentiment at the time was getting gloomier….Sensex had reacted from 21000 in January 2008 to 13000 …
Switched on my mobile this morning after a few days of tackling a tough Viral…thank you guys for all your “get well” wishes…they worked Listened to the live broadcast on stock channels of Mukesh Ambani at the 36th AGM of RIL this morning in Mumbai rolled out the roadmap ahead for his Group…this are a …