Ml Sectoral Trends

All of our major sectors ended positive. After realty, auto and 0il and gas services stocks...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
Herd on the street: Shree Ashtavinayak Cinevision, Mahindra Satyam, Vesuvius India, Ajanta Pharma

What’s buzzing in these stocks right now

Shree Ashtavinayak Cinevision Ltd: The stock is buzzing as the release date of Dabangg, an upcoming Hindi action film, is coming close (10th September). The film has been co-produced by Shree Ashtavinayak. Many are betting on Dabangg being a huge hit (maybe not in the metros but in smaller cities in India, like Salman Khan movies are prone to be).

The film is creating quite a stir also because it will mark the debut of Sonakshi Sinha, the daughter of actor and politician Shatrughan Sinha. The stock has already moved up from Rs11 (early July) to Rs22 currently.

Mahindra Satyam: Moving up on hopes of a positive surprise in its financial numbers (likely to be announced by the end of September).

There is also a buzz that Tech Mahindra might merge Mahindra Satyam with itself before the end of FY11, which is earlier than the previously expected October 2011. News reports have already suggested that the two companies are already jointly executing projects.

Vesuvius India: The refractory company's shares were rising sharply on bonus buzz. In June it made a profit of Rs119 million on sales of Rs1.1 billion (Rs107 million and Rs950 million respectively in June 2009).

Ajanta Pharma: The buzz is that the company is entering the US market from December. In its June quarter, it earned a profit of Rs69.8 million on net sales of Rs982.9 million (Rs43.7 million and Rs845.3 million respectively in June 2009). It is already present in Africa, Asia, Latin America and the erstwhile Soviet republics.

User

Insider Trades

Life Insurance Corporation of India has been an active player recently. It bought 1,54,48,085...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)