JSW STEEL: Capitalising on growth (EDELWEISS) (0)

3/10/10 •

We expect raw material costs for the non-integrated steel producers to rise by ~USD 100/tonne in FY11. In the previous recovery cycle between CY02 and CY07, global steel prices generally rose more than the raw material cost push each year. We believe that global recovery and steel demand would be strong enough to: (1) either pass on the raw material cost push…

MARKET REVIEW 10th FEB, 2010 (0)

3/10/10 •

The key benchmark indices eked out small gains mimicking mild gains in global stocks. US index futures were flat. The BSE 30-share Sensex rose 45.79 points or 0.27%, off close to 70 points from the day’s high and up 64.24 from the day’s low. The market breadth was weak after a strong start. Auto stocks edged higher on fresh buying. Banking shares were mixed. Telecom pivotals saw divergent trend…

Bulk Deals in BSE 10th Mar, 2010 (0)

3/10/10 •

Members are required to make a disclosure on a daily basis up to 5.00 p.m. through DUS (Data Upload software), with respect to all transaction in a scrip for a client where the total quantity bought/sold is more than 0.5% of the number of equity shares of the company listed at BSE…

NSE Bulk Deals - India Equity Market 10th Mar, 2010 (0)

3/10/10 •

Bulk deal is a stock trading where stock quantities buy or sell by an investor is more then 0.5% of total number of equity shares of the company listed at India stock exchanges. In year 2004 SEBI bring more transparency to the bulk deals by making is compulsory for stock exchanges to publish intraday bulk deals at the end of the trading day…

MARKET NEWS HIGHLIGHTS MAR 10th, 2010 (0)

3/10/10 •

Minister of state for Petroleum and Natural Gas Jitin Prasada told Rajya Sabha that ONGC plans to invest Rs265bn in the next fiscal for exploration, production and related ventures. (FE)

Minister of State for Petroleum and Natural Gas, Mr Jitin Prasada, said that IOC has “regretted its participation” as equity partner in the proposed Barmer refinery due to financial constraints. (BL)

Federal Bank (RESEARCH REPORTS) (0)

3/10/10 •

Federal Bank is an old, private sector bank with a large network of 669 branches, concentrated in semi-urban areas in the southern states. The Bank’s strong Capital Adequacy, Operating Efficiency and technologically up-to-date network represent an attractive standalone franchise. The Bank’s deposit base includes a niche, low-cost NRI deposit base that contributes a meaningful 16.5% of total deposits…

Industry -Construction (DLF) (0)

3/10/10 •

DLF’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. DLF has also forayed into infrastructure, SEZ and hotel businesses….

Industry - Construction & Contracting Civil –Jai Prakash Associates Ltd (0)

3/10/10 •

Jaiprakash Associates Limited, the flagship company of the Jaypee Group, is a leader in Engineering and Construction of Hydropower projects in India, the Group has the largest market share in the Indian Hydropower, E&C and EPC sector having participated in 54% of Hydropower projects developed in 10th 5-Year Plan in different capacities….

MARKET REVIEW 9th FEB, 2010 (0)

3/09/10 •

The key benchmark indices lost ground as profit taking emerged after recent strong gains. The BSE 30-share Sensex fell 50.06 points or 0.29%, off close to 80 points from the day’s high and up close to 20 points from the day’s low. European markets reversed early gains. US index futures were trading lower….

Bulk Deals in BSE 9th Mar, 2010 (0)

3/09/10 •

Members are required to make a disclosure on a daily basis up to 5.00 p.m. through DUS (Data Upload software), with respect to all transaction in a scrip for a client where the total quantity bought/sold is more than 0.5% of the number of equity shares of the company listed at BSE…