Government Approves Grindwell’s Bhutan JV Deal

Grindwell Norton Grindwell Norton LtdLtd has declared that the Company has formed a Joint Venture group in Bhutan in

Block Deal Lifts EIH

In early hours, EIH gained 3.10% to Rs 104.60 as a big block deal executed at Rs 102 per share on Bombay Stock Exchange.

The company’s share price touched a highest peak of Rs 105 and a low of Rs 100.95 during the day. On 13 September 2006, the scrip has had its 52-week high of Rs 127.

The block deal was of 19 lakh shares and was struck today. The overall volume was 19.58 lakh shares and the average daily volume in the stock was 50,051 shares in the past one quarter.

The Date For Submitting Views On Discussion Paper Extended By TRAI

The date for submission of views by the industry on a consultation paper for reviewing key license conditions and capping the number of access providers has been extended by the Telecom regulator Telecom Regulatory Authority of India. TRAI said that service providers could now submit their comments by July 6.
The consultation paper - 'Review of license terms and condition and capping number of access providers' – was floated by the regulator on June 12, with a view to start the second phase of telecom reforms.
The paper had sought comments on the issue of allowing operators to offer services under the same license using a combination of technology, limiting the number of companies in each area, mergers, acquisitions and roll out obligations.

Ranbaxy Laboratories Excited On USFDA Approval For Stress-Reliever

Ranbaxy LaboratoriesRanbaxy Laboratories gained ground after declaring it got an approval to make and sell Amlodipine Besylate in the United States. Its share price bobbed up 1.82% to Rs 358.25.
The shared price had reached a high of Rs 358.40 and a low of Rs 353.95 during the day. In the last one quarter, the company’s scrip had an average daily volume of 2.71 lakh shares on BSE.
At present level of Rs 358.25, the stock trades at a PE multiple of 26.14 based on its Q1 March 2007 annualized earning per share (EPS) of Rs 13.7.

Canara Bank Tops Gainers’ List On BSE

Canara BankCanara Bank has topped the gainers list on Bombay Stock Exchange (BSE).

IFCI Tops Volume Charts On Bourses

IFCI Ltd.IFCI topped the volume charts on BSE with 89.56 lakh shares.

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News in Focus

Abbott wins 5-Minute Coronavirus Test Approval for US Government

Abbott has won approval for its quick coronavirus test from the US government, the company informed on Friday.

Indian Government is using the best option available: Forced Quarantine

Indian government has swung into action in early March and Indian Prime Minister Narendra Modi announced lockdown all over the country.

RBI Policy Comments by TradingBells CEO Amit Gupta

RBI has announced policy decision in order to improve liquidity and to help the banking & financial services sector.

Prakash Gaba: BUY Ashok Leyland and Dabur, SELL Divi's Labs and HPCL

Market analyst Prakash Gaba has two stocks on his BUY list and two for SELL in today’s trading session. Markets are moving sideways after two days of smart gains.

Sudarshan Sukhani: BUY NTPC, IGL, Marico and Strides Pharma

Technical analyst Sudarshan Sukhani has suggested four buy calls for traders in today’s session. Indian markets are expected to open strong and trading should end strong.

Ashwani Gujral: BUY Balkrishna Industries, Muthoot Finance, HDFC Bank, Kotak Mahindra Bank and L&T Finance

Market analyst Ashwani Gujral has many BUY calls for traders today. Indian markets are expected to open higher and trade high during the day as Dow Jones registered second day of gains.

Sudarshan Sukhani: BUY Exide Industries, IGL, Marico and Colgate

Market analyst Sudarshan Sukhani has suggested BUY Calls for Exide Industries, IGL, Marico and Colgate for traders.