Archive for the ‘Market’ Category

RPP Infra Projects strengthens on diversification into solar power

RPP Infra Projects strengthens on diversification into solar power

15
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RPP Infra Projects rose 1.13% to Rs 58.20 at 11:33 IST on BSE, after the company said it plans to set up a five megawatt solar power plant at Kamudhi in Ramanathapuram district in Tamil Nadu, with a total investment of Rs 80 crore. The company made this announcement during trading hours today, 31 December 2010. Meanwhile, the... 

L&T’s subsidiary bags Rs.2,503 crore

L&T’s subsidiary bags Rs.2,503 crore

15
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NEW DELHI: Construction and engineering major Larsen & Toubro’s (L&T) subsidiary Electrical and Gulf Projects Operating Company has bagged orders worth Rs.2,503 crore for transmission, substation and railway construction projects during the third quarter of 2010-11. “Electrical & Gulf Projects Operating... 

Sensex ends above 20500; broader indices outperform

Sensex ends above 20500; broader indices outperform

15
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Equity benchmarks closed last session of the year 2010 on a positive note, led by support from financial, Anil Dhirubhai Ambani Group, realty, telecom, auto, select metal and power companies’ shares. Reliance Industries and HUL also led the support. The Sensex gained for third consecutive day today and settled above 20,500... 

BSE Sensex set to close 2010 on a high note

BSE Sensex set to close 2010 on a high note

15
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The BSE Sensex on Friday looked set to close the year strongly with investors upbeat about 2011 as well, but high inflation and the health of the US and European economies will be key concerns. The main 30-share main BSE index has climbed more than 17% so far this year, on the back of record foreign fund inflows of USD 28.7... 

L&T inches up on new orders

L&T inches up on new orders

15
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Larsen & Toubro inched up 0.63% at Rs 1967.90 at 11:50 IST on BSE after the company said its construction division won orders worth Rs 1164 crore. The company announced the order win during trading hours today, 30 December 2010. Meanwhile, the BSE Sensex was up 65.68 points, or 0.32%, to 20,321.71. On BSE, 36,000 shares... 

Handset market grows 3.5% to 40 million in Q3

Handset market grows 3.5% to 40 million in Q3

15
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The country’s mobile handsets market recorded a growth of 3.6% to touch 40.08 million units in the third quarter ended September 30, 2010, as compared to the second quarter ended June 30, 2010, according to IDC India. The year 2010 is expected to end with total mobile handset sales of 155.9 million units. The sales in smartphones... 

2/3 of the cos listed this year trading in red: BSE survey

2/3 of the cos listed this year trading in red: BSE survey

15
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In contrast to handsome gains made in the primary market, nearly two-third of the 69 companies listed on bourses during 2010 are trading below their issue prices, resulting into negative returns for investors. An analysis of the BSE-listed companies shows that as many as 44 out of the 69 stocks are trading below their issue... 

Nifty lacklustre; HDFC Bank, Rel Comm, SAIL, Sun Pharma dip

Nifty lacklustre; HDFC Bank, Rel Comm, SAIL, Sun Pharma dip

15
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At 13.11 hrs IST, the Nifty was hovering around 6070 mark ahead of expiry today. It was a quiet session for the markets as Nifty was trading in a narrow band of 20 points. Buying was seen in consumer durables, IT and FMCG stocks. BSE Midcap and Smallcap indices were trading flat. The Sensex was up 85.46 points or 0.42% at 20341.49,... 

Airtel rides the IMEWE wave, Tata fluctuates

Airtel rides the IMEWE wave, Tata fluctuates

15
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Giving a major boost to telecommunication facilities in various countries, a consortium of nine partners comprising of leading global telecom operators, has completed 13000 kilometers long high-capacity, state-of-the-art fibre-optic submarine cable that stretches from India to Europe. Airtel (BSE:BHARTIARTL:532454, NSE: BHARTIARTL)... 

Rupee inches up on share gains; oil demand weighs

Rupee inches up on share gains; oil demand weighs

15
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The Indian rupee seesawed before closing marginally higher on Wednesday as demand for dollars from oil firms was offset by gains of more than a percent in the domestic sharemarket and a weak U.S. unit overseas. The partially convertible rupee closed at 45.04/05 per dollar, 0.1 per cent above its 45.09/10 close on Tuesday. “With... 

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