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Friday, July 07, 2006

Movers and Shakers


  • Alembic flared up on reports that its board would meet on July 18, 2006 to consider sub-division of its equity shares.
  • Suzlon Energy slipped despite announcing plans to invest $1 billion in new production units.
  • ONGC, which announced that it would supply natural gas to GAIL for 15 years and may consider picking up a 5% stake in Rosneft, ended at lower levels.
  • Karnataka Bank inched marginally lower despite declaring a dividend of 30% and proposing to raise the FII limit to 49%