Streetsmarts
- Thread starter kuldeep49
- Start date
Friends,
I have started this thread for all to share street talk that they hear, news, unconfirmed & confirmed reports etc., so all of us make some sense out of this madness that we call "Markets". Only thing that one needs to ensure that it should be plausible. So far I seem to be the only one contributing. All are welcome!
Anyway, now onto what I learnt here & there:
Intel posts first decline in profits since 2001. Ford Motor also posts an unexpected loss.
Trent (NSE: TRENT, BSE: 500251) Q1 net profit up at Rs. 6.56 crores as compared to previous Rs. 5.23 crores. Net sales Rs. 105.10 crores (Rs. 74 crore previously). Price Rs. 682.3, up 0.55%. 52 week high 1048, low 627.15.
REL may invest Rs 60000cr in Hirma. HIRMA may generate 15000 MW. Hirma deal may be annonunced tomorrow.
Govt cuts excise duty on polyester chips to 8%. Excise duty on paraxylene halved to 8%. Excise duty on acrylonitrile halved to 8%. Excise duty cut on textile intermediaries. Excise duty on paraxylene halved to 8%. Excise duty on acrylonitrile halved to 8%. Excise duty cut on textile intermediaries. WHO BENEFITS?
I have started this thread for all to share street talk that they hear, news, unconfirmed & confirmed reports etc., so all of us make some sense out of this madness that we call "Markets". Only thing that one needs to ensure that it should be plausible. So far I seem to be the only one contributing. All are welcome!
Anyway, now onto what I learnt here & there:
Intel posts first decline in profits since 2001. Ford Motor also posts an unexpected loss.
Trent (NSE: TRENT, BSE: 500251) Q1 net profit up at Rs. 6.56 crores as compared to previous Rs. 5.23 crores. Net sales Rs. 105.10 crores (Rs. 74 crore previously). Price Rs. 682.3, up 0.55%. 52 week high 1048, low 627.15.
REL may invest Rs 60000cr in Hirma. HIRMA may generate 15000 MW. Hirma deal may be annonunced tomorrow.
Govt cuts excise duty on polyester chips to 8%. Excise duty on paraxylene halved to 8%. Excise duty on acrylonitrile halved to 8%. Excise duty cut on textile intermediaries. Excise duty on paraxylene halved to 8%. Excise duty on acrylonitrile halved to 8%. Excise duty cut on textile intermediaries. WHO BENEFITS?
Goldman Sachs has bought 2793888 shares of Unitech at Rs 173.50 in a block deal
http://www.bseindia.com/histdata/blockdeals2.asp?fdate=&fmonth=&fyear=&fdateTo=&fmonthTo=&fyearTo=&scripcd=507878&dflag=0&bulkblock=block
http://www.bseindia.com/histdata/blockdeals2.asp?fdate=&fmonth=&fyear=&fdateTo=&fmonthTo=&fyearTo=&scripcd=507878&dflag=0&bulkblock=block
3M may buy out Birla's 7% stake in the Indian subsidiary for Rs. 100 crores.
Philips Carbon Black plans overseas acquisition.
Walmart is talking to Reliance, Bharti, and M&M for alliance.
Royal Enfield planning to hike prices shortly. Also plans to introduce the 350cc engine in 3 months time.
US based Mylan is planning to buyout Matrix Labs at a price below Rs. 300 per share.
Philips Carbon Black plans overseas acquisition.
Walmart is talking to Reliance, Bharti, and M&M for alliance.
Royal Enfield planning to hike prices shortly. Also plans to introduce the 350cc engine in 3 months time.
US based Mylan is planning to buyout Matrix Labs at a price below Rs. 300 per share.