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Thursday, March 11, 2010

[stock_win_india] Bonus News, Stock Splits, IPO Updates

 

Hello All,

Here are the updates you were looking for. Meanwhile, Dalal Street buy calls will be posted this weekend, grab your password to see the buy calls by subscribing to the blog SUBSCRIBE with other 5200+ subscribers.

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Manappuram General Finance & Leasing Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 18, 2010 to consider Bonus Issue, Stock Split / subdivision of shares. The stock closed the day at Rs.692.80, down by Rs.7.20 or 1.03%. The stock hit an intraday high of Rs.707 and low of Rs.690.

IVRCL Infrastructures & Projects has fixed 19 March 2010 for allotment of bonus shares. IVRCL Infrastructures and Projects Limited (IVRCL) declared bonus issue of equity shares in the ratio of 1:1.

The members of Empower Industries India have approved the issue of bonus shares in the ratio of 23:2 to the existing shareholders of the company.

Videocon Industries Ltd has announced that the Board of Directors of the Company at its meeting held on March 10, 2010, inter alia, has fixed price of Rs. 225/- (Rupees Two Hundred Twenty Five Only), inclusive of premium, per Equity Share for Issue ofEquity Shares on Rights Basis.

Hyderabad based animation and entertainment production house DQ Entertainment (International)'s IPO (DQE) received bids for 111.35 crore shares compared with 1.32 crore shares on offer. The IPO was subscribed a staggering 84.25 times by 16:00 IST on last day of the issue today, NSE data showed.


Thanks,
Abhijeet
http://www.stockmarketindia.net

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