Posts filed under 'Power'

BHEL in limelight; Markets going rangebound holding early profits

Monday, September 08, 2008 12:14:33 PM IST

BHEL which is into the construction business and is well known for its engineering know-how in the power sector is flourishing with lots of positive news. Meanwhile the Indian stock markets are continuing to hold the morning upward trend. Nifty is at 4511 up 3.65% while BSE Sensex is up at 15050 up by 566.34 points or 3.91%

Any positive news about the Indo-American Nuclear Deal is always taking the BHEL stock to a better positive levels. Sources say BHEL is working its numbers and is making a list of companies it will be working with for technical know-how and other related activities.

Meanwhile, the press is quoting that BHEL is planning a Rs. 1400 corre casting and forging facility. This venture will be a 50-50 JV with Heavy Engineering Corporation (HEC)

BHEL says the coal mines would last for 50 more years and it is high time for us to increase coal sources as well as shift to more efficient power solutions.

The BSE Power Index is up 5.3% at the moment. All 11 scripts in the index are in the green. Leading gainers in the power index include Reliance Infra, NTPC, Power Grid, RPower, Torent Power, BHEL amongst others.

Tata Communications zoomed in during the last hour trade or so. The script is trading at 455 levels on the Nifty and is up 6.92%

1 U.S. dollar = 44.4444 Indian Rupees
1 U.S. dollar = 108.1899 Japanese Yens
1 U.S. dollar = 0.6949 Euros
1 Ounce Gold = $814.00
1 Barrel Crude Oil = $107.98

Add commentSeptember 8th, 2008

Power stocks take plunge; Bullish opening for Indian markets

Monday, September 08, 2008 10:28:22 AM IST

Positive developments on the nuclear deal has lead power stocks and construction companies a plunge today. Nifty is up 3.5% and is trading at 4506 levels. BSE is trading at 15026 levels, up 542 points or 3.75%. BSE Power Index is up 5.25%

CNX IT is up 2.73%. Bank Nifty is up 4.88%. NTPC (up 7%), ICICI Bank, Relaince Infra, BHEL (all up over 6%), L&T, Power Grid (both up over 5%), DLF, HCL Tech, HDFC and SBI (all up over 4%) are topping the charts. On the downside are BPCL (down over 2.82%) and Ranbaxy (marginally in the red). Both the stocks had a bullish run over the last few days and are now sort of cooling a bit.

The BSE Midcap index is up 2.03% while the BSE Smallcap index is up 1.70%. The BSE100, BSE200 and BSE500 are all up over 3%.

All BSE Sectoral indices are in the green. Lead by Power index (up 5.3%), Capital Goods, Banksex and Realty (all up over 4%)

1 U.S. dollar = 44.4444 Indian Rupees
1 U.S. dollar = 108.1899 Japanese Yens
1 U.S. dollar = 0.6949 Euros
1 Ounce Gold = $814.00
1 Barrel Crude Oil = $108.80

Add commentSeptember 8th, 2008

Security listed and admitted to dealings - VGUARD

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. March 13, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

VGUARD

V-Guard Industries Limited

INE951I01019

 

Add commentMarch 10th, 2008

Security listed and admitted to dealings – RECLTD

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. March 12, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

RECLTD

Rural Electrification Corporation Limited

INE020B01018

 

Add commentMarch 10th, 2008

Security listed and admitted to dealings - RPOWER

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. February 11, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

Sr. No.    Symbol    Name of the Company    ISIN Code
1    RPOWER    Reliance Power Limited    INE614G01033

Add commentFebruary 7th, 2008

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