Thursday, September 4, 2008

Company Results

Financial News
Corporate Announcements
HPCL spurts as crude oil price plungesShares of Hindustan Petroleum Corporation (HPCL) flared up on Tuesday to close 12.09 per cent higher over the previous closing at Rs 225.80 after crude oil prices slipped below $106 a barrel.
Great Offshore surges on port terminal forayGreat Offshore on Tuesday surged 7.7 per cent to close at Rs 561.55 after the company announced its foray into the port terminal and offshore logistics business by acquiring two Hyderabad-based
Three-star nod for Shirdi hotel buoys ParsavnathParsvnath Developers rose 3.58 per cent to close at Rs 120.05 after the company announced on Friday, minutes before the end of the trading session, that its hotel project at Shirdi has received
TTK Prestige spurts on delisting proposalTTK Prestige surged seven per cent to Rs 169.55 on BSE, after the company said it will delist its shares. Around 359,000 shares changed hands after the announcement during trading hours on Monday.
Auto, pharma stocks likely to see upsidesContinued buying prompted by softening of inflation is likely to keep frontline automobile counters in the green next week, analysts said.
Tata Motors gearing up to pull out from SingurWorking out detailed plan to relocate plant, machinery. Chennai/Kolkata, Sept. 2 Tata Motors is all set to pull out of Singur in West Bengal, from where it was to roll out its low-cost car ...
Troubled ride
Gas row: RNRL willing to place family MoU in courtMumbai, Sept. 2 Senior Counsel for RNRL, Mr Ram Jethmalani, told the Bombay High Court on Tuesday that the Anil Ambani Group company was willing to place before the court the relevant portions of the family Memorandum of Understanding between ...
Tata Motors’ ‘A’ rights priced Rs 305 a shareTo have lesser voting rights but higher dividend. Mumbai Sept. 2 Tata Motors on Tuesday said it will issue shares with lower voting rights (‘A’ ordinary shares) on a rights basis at Rs 305 for a share, which is at a discount of 10 ...
Apollo Reach plans big for small cities, townsTo set up 250 super-specialty hospitals. Chennai, Sept. 2 Apollo Reach Hospitals, a subsidiary of Apollo Hospitals Enterprise Ltd, plans to set up a chain of 250 super-specialty hospitals in small towns and ...
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