BHEL Is The Best Order-N-Investment Combination

Lengthening itsBharat Heavy Electricals current rally on continued buying, Bharat Heavy E

Government Approves Grindwell’s Bhutan JV Deal

Grindwell Norton Grindwell Norton LtdLtd has declared that the Company has formed a Joint Venture group in Bhutan in

Block Deal Lifts EIH

In early hours, EIH gained 3.10% to Rs 104.60 as a big block deal executed at Rs 102 per share on Bombay Stock Exchange.

The company’s share price touched a highest peak of Rs 105 and a low of Rs 100.95 during the day. On 13 September 2006, the scrip has had its 52-week high of Rs 127.

The block deal was of 19 lakh shares and was struck today. The overall volume was 19.58 lakh shares and the average daily volume in the stock was 50,051 shares in the past one quarter.

The Date For Submitting Views On Discussion Paper Extended By TRAI

The date for submission of views by the industry on a consultation paper for reviewing key license conditions and capping the number of access providers has been extended by the Telecom regulator Telecom Regulatory Authority of India. TRAI said that service providers could now submit their comments by July 6.
The consultation paper - 'Review of license terms and condition and capping number of access providers' – was floated by the regulator on June 12, with a view to start the second phase of telecom reforms.
The paper had sought comments on the issue of allowing operators to offer services under the same license using a combination of technology, limiting the number of companies in each area, mergers, acquisitions and roll out obligations.

Ranbaxy Laboratories Excited On USFDA Approval For Stress-Reliever

Ranbaxy LaboratoriesRanbaxy Laboratories gained ground after declaring it got an approval to make and sell Amlodipine Besylate in the United States. Its share price bobbed up 1.82% to Rs 358.25.
The shared price had reached a high of Rs 358.40 and a low of Rs 353.95 during the day. In the last one quarter, the company’s scrip had an average daily volume of 2.71 lakh shares on BSE.
At present level of Rs 358.25, the stock trades at a PE multiple of 26.14 based on its Q1 March 2007 annualized earning per share (EPS) of Rs 13.7.

Canara Bank Tops Gainers’ List On BSE

Canara BankCanara Bank has topped the gainers list on Bombay Stock Exchange (BSE).

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News in Focus

Raymond Realty Share Price Target at Rs 700: ICICI Direct

ICICI Direct has initiated coverage on Raymond Realty with a Buy rating and a net-asset-value-based target of Rs 700, implying roughly 23 percent upside from the prevailing Rs 568.

Apeejay Surrendra Park Hotels Share Price Target at Rs 156:Prabhudas Lilladher Research

Prabhudas Lilladher has retained its BUY rating on Apeejay Surrendra Park Hotels after a management meeting, holding a sum-of-the-parts target of Rs 156 against a current price of Rs 112 — an upsid

Kirloskar Oil Engines Share Price Target at Rs 2,850: ICICI Securities

ICICI Securities has initiated coverage on Kirloskar Oil Engines with a BUY rating and a sum-of-the-parts target of Rs 2,850, implying about 28 percent upside from the current price of Rs 2,230.

Comprehensive vs Bumper-to-Bumper Car Insurance: Key Differences

Understanding different coverage options helps you choose the right car insurance.

Prestige Estates Projects Share Price Target at Rs 1,805: Axis Securities

Axis Securities has issued a BUY call on Prestige Estates Projects under its Axis PUNCH medium-term product, setting a target of Rs 1,805 against a current price of Rs 1,644 for an upside of about

LG Electronics India Share Price Could Reach Rs 2,141: Ventura Research

Ventura Research has initiated coverage on LG Electronics India with a BUY rating and a 24-month target of Rs 2,141, implying about 27 percent upside from the current price of Rs 1,688.