document.writeln("
Suranas
hike stake in Bhagyanagar Metals
Hyderabad:
Bhagyanagar Metals in a notice to the National Stock
Exchange has said that Narender Surana, managing director,
Surana Telecom has acquired 53,500 shares of Bhagyanagar
Metals during October 1, to November 30 from the open
market.
Narender
Surana now holds 21,18,931 equity shares aggregating to
5.72 per cent of the total share capital of Bhagyanagar
Metals.
The company has also informed that Sunita Surana, promoter,
Surana telecom has acquired 1,25,710 shares and sold 500
shares during August-November. She now holds 15,83,715
equity shares aggregating to 4.28 per cent of the share
capital of Bhagyanagar Metals.
Manish
Surana, holds about 23,11,301 equity shares (6.25 per
cent) and Vinita Surana, promoter, has sold 2,91,100 shares
of Bhagyanagar Metals during the period from September
6 to November 29.
Back
to News Review index page
Offshore
fund hikes stake in Prithvi Information
Hyderabad: Offshore fund from Mauritius, Emerging
Markets Management Llc. has acquired 1,41,755 shares,
amounting to 0.76 per cent of the total paid-up capital
of Prithvi Information Solutions on November 30, through
the open market, according to a notice to the National
Stock Exchange.
With
this, the shareholding of Emerging Markets Management
Llc. now stands at 9,56,755 shares, aggregating to 5.10
per cent of the total paid-up capital of Prithvi Information
Solutions Ltd.
Back
to News Review index page
MF
becoming big players on stock markets
Mumbai: Mutual funds (MF) were net buyers of Rs12,
286.85 crore worth of funds in the current financial year.
Last year MFs were net buyers of a measly Rs448.02 crore
(FY05). In FY04, they were net buyers at Rs1,307.91 crore,
while in FY03, they were sellers to the tune of Rs2,066.70
crore.
Analysts
say the funds lying with MFs is due to increased penetration
level of the MF industry and a growing equity cult.
In
May this year MFs were net buyers at Rs 3,340.11 crore
while in September and October, too, MFs were buyers of
more than Rs 3,000 crore worth of equities. However, in
June, MFs were net sellers at Rs 1, 816.79 crore.
Back
to News Review index page
