All Entries in the "penny Stock Picks" Category
Mahindra Satyam surges 8% on beating Q4 profit estimates
Like this story, share it with millions of investors on M3 Mahindra Satyam surges 8% on beating Q4 profit estimates Mahindra Satyam, a part of Mahindra group, rose as much as 7.8% intraday to hit a high of Rs 72 on Friday as the company reported a better than expected growth of 73.38% quarter-on-quarter in its consolidated net profit of Rs 534 crore for the fourth quarter of FY12 due to one time gain. Mahindra Satyam , a part of Mahindra group, rose as much as 7.8% intraday to hit a high of Rs 72 on Friday as the company reported a better than expected growth of 73.38% quarter-on-quarter in its consolidated net profit of Rs 534 crore for the fourth quarter of FY12 due to one time gain of Rs 109 crore during the quarter.
BEML falls 13% as Karnataka police freezes bank accounts
Like this story, share it with millions of investors on M3 BEML falls 13% as Karnataka police freezes bank accounts State-owned BEML, earthmoving and other heavy industrial equipment manufacturer for the mining and civil engineering industries fell as much as 13% on Friday to touch an intraday low of Rs 444.90 after the Karnataka police frozen company’s bank accounts.
Koutons mulls USD 200-mn preferential issue, stock up 13%
Like this story, share it with millions of investors on M3 Koutons mulls USD 200-mn preferential issue, stock up 13% Shares of Koutons Retail gained as much as 15.4% to hit an intraday high of Rs 8.48% on Friday after the company said it has considered the preferential issue of equity shares to promoters and others by way of preferential allotment/private placement/QIP/ADR/GDR/FCCB issues or by any other means for a value upto USD 200 million yesterday.
Fidelity Investment sells 87,041 shares of VST Industries
Like this story, share it with millions of investors on M3 Fidelity Investment sells 87,041 shares of VST Industries On May 17, 2012 Fidelity Investment Trust Fidelity Emerging Markets Fund has sold 87,041 shares of VST Industries at Rs 1,814.15 on the NSE. On May 17, 2012 Fidelity Investment Trust Fidelity Emerging Markets Fund has sold 87,041 shares of VST Industries at Rs 1,814.15 on the NSE. At 13:54 hrs the share was quoting at Rs 1,904.40, down Rs 20.25, or 1.05%
Julius Baer Multistock sells 4.24 lk shares of Supreme Tex
Like this story, share it with millions of investors on M3 Julius Baer Multistock sells 4.24 lk shares of Supreme Tex On May 17, 2012 Julius Baer Multistock Global Emerging Markets Stock Fund has sold 424,775 shares of Supreme Tex Mart at Rs 1.57 on the BSE. On May 17, 2012 Julius Baer Multistock Global Emerging Markets Stock Fund has sold 424,775 shares of Supreme Tex Mart at Rs 1.57 on the BSE
Indian Bank falls 8% on lower than estimates nos in Q4
Like this story, share it with millions of investors on M3 Indian Bank falls 8% on lower than estimates nos in Q4 Shares of public sector lender Indian Bank tanked more than 8% after reporting quite lower than expected topline and bottomline numbers due to rising non-performing assets (NPAs) and higher provisions. Shares of public sector lender Indian Bank tanked more than 8% after reporting quite lower than expected topline and bottomline numbers due to rising non-performing assets (NPAs) and higher provisions. Net interest income of the bank dropped 25% year-on-year to Rs 1,083 crore and profit after tax fell 21% to Rs 345 crore for the fourth quarter of FY12.
Ranbaxy Labs top losers on the Nifty
Like this story, share it with millions of investors on M3 Ranbaxy Labs top losers on the Nifty Ranbaxy Labs has touched an intraday high of Rs 501 and an intraday low of Rs 471.05. At 2:29 pm, the share was quoting at Rs 480.00, down Rs 16.90, or 3.40%. has touched an intraday high of Rs 501 and an intraday low of Rs 471.05.
JSW Steel loses over 8% post SC orders probe in mining case
Like this story, share it with millions of investors on M3 JSW Steel loses over 8% post SC orders probe in mining case Steel products manufacturer JSW Steel dropped as much as 8.4% to touch an intraday low of Rs 606.10 on the BSE after the Supreme court has ordered Central Bureau of Investigation inquiry against the company and BJP’s BS Yeddyurappa in the mining case.
Federal Bank rises 2% after sharp jump in Q4 profit
Like this story, share it with millions of investors on M3 Federal Bank rises 2% after sharp jump in Q4 profit Shares of private sector lender Federal Bank gained nearly 2% after the company reported better than expected growth of 38.4% year-on-year in its net profit of Rs 238 crore due to fall in non-performing assets and less provisions in the fourth quarter of FY12.
Esquire Enclave buys 5 lakh shares of Santowin Corporation
Like this story, share it with millions of investors on M3 Esquire Enclave buys 5 lakh shares of Santowin Corporation On May 10, 2011 Esquire Enclave Private Limited bought 500,000 shares of Santowin Corporation at Rs 15 on the BSE. However, Sanjay Srichand Vanwari sold 500,000 shares at Rs 15 on the BSE. On May 10, 2011 Esquire Enclave Private Limited bought 500,000 shares of Santowin Corporation at Rs 15 on the BSE