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Movies
boost Zee Tele - Balaji Telefilms sags on serial ratings
Mumbai: Zee Telefilms Ltd's (ZTL) strategy to introduce
a Hindi film at Thursday prime time slot has not only
helped the channel in getting better ratings but has also
boosted the stock price at the bourses. On the other hand,
Balaji Telefilms Ltd's stock is on a downturn because
its ratings for some of its serials have edged down, analysts
tracking the company said.
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Nedungadi
Bank tumbles on RBI moratorium
Mumbai: The stock of Nedungadi Bank has been witnessing
a lot of volatility ever since reports surfaced that Punjab
National Bank (PNB) is keen on acquiring it. The stock
is on a downward trend shedding about 49 per cent since
October 1 2002.
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FII
drives up Hero Honda?
Mumbai: A foreign institution was rumoured to have
bought shares of Hero Honda. Dealers said that the deal
could be wrapped up at a considerable premium over the
present price levels.
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Market,
regulatory changes pulling down Bharti stock
Mumbai: Despite an exponential growth in the cellular
market, Bharti TeleVentures Ltd (BTVL), - - a player in
this market - - has fared poorly in the stock market.
Its share price has dropped by over 44 per cent on both
the Bombay Stock Exchange and National Stock Exchange
since it first started trading in February this year at
Rs 45.
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Institutions
up stake in Ind-Swift
Chennai: The decision of Chandigarh-based pharma
major Ind-Swift Ltd to file two patents for its novel
drug delivery system (NDDS) products in anti-histamines
and anti-infective segments coupled with good financial
performance for the quarter ended June seemed to have
lured institutional investors into the company.
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SEBI
may call for more details on ACC deal
Mumbai: The Securities and Exchange Board of India
may make use of some of its new powers while probing,
as directed by the Securities Appellate Tribunal, whether
there was any "change of control'' in the Gujarat
Ambuja-ACC deal.
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Mid-cap
stocks make merry; PSUs stage recovery
Mumbai: A Section of small and mid-cap stocks attracted
buying interest on Friday even as stocks of public sector
companies staged a recovery. PSU stocks were battered
after the report on Tuesday regarding delay in disinvestments
of Nalco.
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Market
round-up
Mumbai: Call rates ruled tight on Friday on higher
demand. Opening the day at 5.60-65% from the previous
close of 5.50-60%, call rates continued to hold above
the repo-rate of 5.50%.
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Re
strengthens; G-secs dull
Mumbai: The rupee closed strong at 48.2650/27 per
dollar on Friday as against the previous close of 48.2850/29.
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