From the monthly archives:

October 2009

Oracle bets big on India, to invest Rs 1,000cr

by free stock tips on October 20, 2009

in Stock-News

Last week, Larry Ellison’s Oracle publicly challenged IBM in the hardware space. CNBC-TV18’s Kritika Saxena reports that Oracle has laid out its plan of action for India, once the integration of Sun Microsystems is complete.

After publishing a rather boisterous advertisement in papers across the world last week, threatening to walk over IBM’s market share, Oracle [...]

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Indiabulls Power sets IPO price at Rs 45/sh

by free stock tips on October 20, 2009

in IPO

Indiabulls Power, a subsidiary of Indiabulls Real Estate has fixed its initial public offering (IPO) price at Rs 45 per share, at higher end of price band of Rs 40-45, reports CNBC-TV18 quoting DowJones.

The issue opened for subcription during October 12-15 with 39.07 crore equity shares shares, including a green shoe option of retaining [...]

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Happy Diwali and New Year

by free stock tips Stock-News

Stock Market Tipz (Formal Tips Junction) wishes You
HAPPY DIWALI and HAPPY NEW YEAR.
On Diwali, I wanted to send you wishes for a year filled with prosperity, health and lots of fun! Hope you have a happy Diwali!
This Diwali, may you be blessed with good fortune as long as Ganeshji’s trunk, wealth and prosperity as big [...]

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Accumulate Lupin: Angel

by free stock tips Broker tips

Angel Broking has an Accumulate rating on Lupin Labs with a target price of Rs 1,290.

A report released on September 29 said: “Lupin has completed the acquisition of Antara rights in the US from Oscient Pharmaceutical for US $38.6mn at 0.6x its CY2008 sales, which would be funded through internal accruals. This is the second [...]

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Lakshmi Mittal may change India sites

by free stock tips Stock-News

ArcelorMittal, the world’s largest steel maker, today threatened to abandon its $20 billion steel projects in two Indian states over delays, but will look for new sites within the country for the plants.

“The company continues to work on its two greenfield projects in Jharkhand and Orissa. However, in the event that land acquisition continues to [...]

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Grasim to outperform: IDFC/SSKI

by free stock tips Broker tips

IDFC/SSKI has maintained it Outperformer rating on Grasim after the announcement by the company to demerge its cement business.

A report released on October 5 said: “The demerger of the cement business in to Samruddhi Cement (SCL) does not affect the economic interests of Grasim shareholders since the restructuring involves just a shift of value from [...]

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Sensex ends down 268pts, Bharti drops 8%

by free stock tips Nifty

Weak global cues saw the Sensex open with a negative gap at 17,062, which turned out to be the high for the day. Sustained selling across-the-board saw the index drop to a low of 16,836 – an intra-day swing of nearly 300 points. The Sensex finally closed near the day’s low with a loss of [...]

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