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Wednesday, August 17, 2011
BSE Bulk Deals to Watch - Aug 17 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
17/8/2011 521131 Anjani Fabrics KAPILABEN SOMABHAI PATEL B 127000 21.25
17/8/2011 521131 Anjani Fabrics PREMIUM HOSPITALITY SERVICES PRIVATE LIMITED S 51000 21.31
17/8/2011 532797 Autoline Inds RKSV SECURITIES INDIA PRIVATE LIMITED B 95579 133.17
NSE Bulk Deals to Watch - Aug 17 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
17-AUG-2011,BASML,Bannari Amman Spinning Mi,ARUMUGAM S V,BUY,158000,68.00,-
17-AUG-2011,BFUTILITIE,BF Utilities Limited,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,230999,450.82,-
17-AUG-2011,BFUTILITIE,BF Utilities Limited,QUADEYE SECURITIES PRIVATE LIMITED,BUY,240819,461.15,-
17-AUG-2011,ESCORTS,Escorts India Ltd.,RELIANCE CAPITAL TRUSTEE CO A/C RELIANCE GROWTH FUND,BUY,728000,67.58,-
VA Tech Wabag - Annual Report - 2010-11
VA TECH WABAG LIMITED
ANNUAL REPORT 2010-2011
DIRECTOR'S REPORT
Dear Shareholders,
Your Directors are pleased to present their Sixteenth Report together with
the audited accounts of your Company for the year ended 31st March, 2011.
Markets surge after 3-day losses
The Indian markets registered gains after three-day fall as investors bought stocks available at lower levels
Major headlines
Coal India overtakes RIL as most valued company
Suzlon bags 48.3 MW repeat order from IOC
Maruti drops 3% on production cut report
BSE Small-Cap, Mid-Cap indices extend recent steep losses
Bargain hunting after recent heavy losses in share prices helped the key benchmark indices edge higher. Intraday volatility was high. The BSE Sensex jumped 109.86 points or 0.66%, off close to 160 points from the day's high and up close to 130 points from the day's low. Index heavyweights Reliance Industries (RIL) and ICICI Bank hit 52 week lows. Auto major Tata Motors also hit 52-week low. Hindalco Industries, Tata Steel, Tata Power Company, too, hit 52-week lows. Reliance Communications hit a lifetime low.
Tuesday, August 16, 2011
Brooks Laboratories
Brooks Laboratories, promoted by Atul Ranchal Rajesh Mahajan (with 35.33% stake) is a contract-manufacturing player supplying injection tablets and dry syrups to leading domestic pharma companies. It manufactures a wide range of products in the formulation segment encompassing beta lactam, cephalosporin & general injections. In the domestic markets its customer base (currently 158) includes companies like Zydus Cadila, Aristo Pharmaceuticals, FDC, Nectar Life sciences, Hetero Healthcare, Medley Pharmaceuticals, Wockhardt, Parental Drugs and Alembic. Further, it is now expanding the business into the International markets of Africa, Middle East and Latin America. It currently own and operate a manufacturing facility (CGMP certified) at Baddi, Himachal Pradesh (commissioned commercial production in 2006), with 1620 lakh (injections – 300, tablets –1200 and dry syrup – 120) combined capacity. The present manufacturing facility of the company is WHO-GMP compliant, which allows selling the goods in India, Africa, and South East Asian Countries & CIS Countries only.
Market hits 14 month closing low
The key benchmark indices fell for the third straight day to hit more than 14 month closing lows as weak European stocks and lower US index futures weighed on the sentiment. The caution prevailed ahead of the key eurozone crisis meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel in Paris later in the global day. Latest domestic data showing inflation remaining at elevated levels raised concerns that central bank may further hike interest rates to contain high inflation. The BSE Sensex was down 108.69 points or 0.65%, off close to 305 points from the day's high and up close to 60 points from the day's low. BSE Sensex settled well below the psychological 17,000 mark after briefly moving past that mark at the onset of the day's trade. BSE Mid-Cap and Small-Cap indices underperformed the Sensex.
Daily News Roundup - Aug 16 2011
ITC Ltd is planning to enter the chewing gum market and take on multinational players like market leader Perfetti Van Melle and Wrigley’s. (BS)
Reliance Communications has increased call charges by 20% for both GSM and CDMA services in most of its operating circles. (FE)
GMR Infrastructure is looking at emerging markets in South East Asia, South America and the African continent for expanding its airport business. (ET)
Freedom from worries!
The secret of happiness is freedom. The secret of freedom is courage." - Thucydides
The market appears to have got some freedom after weeks of gut-wrenching price declines. Merger Monday set the tone on Wall Street. Google’s search for a mega acquisition has come in the form of Motorola Mobility which it is gobbling for US$12.5bn. Better-than-expected news on Japanese economic growth has fuelled Asian markets.
Positive opening likely; Inflation nos in focus
The global picture looks good today and may result in positive opening for the Indian markets. The inflation numbers for July will be eyed.
Headlines for the day:
CIL to hire about 1500 people by 2012-end
Power Grid plans African safari with large deals
Educomp ties up with Kanchi mutt to set up 100 schools
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