Simplex Projects Ends With 47% Premium

Today the equity shares of Kolkata-based integrated infrastructure player Simplex Projects were listed at Rs 323.75 or 75% premium to its issue price of Rs 185 on the BSE.

During the day, the scrip touched an intraday high of 323.75 and low of 266.70. Lastly, the company’s shares closed at Rs 272.05, an increase of 47%.

There were 6,719.672 shares for trading on the BSE counter.

DLF Looks Levelheaded - Sharmila Joshi

Sharmila JoshiDLF group of Asit C Mehta is of the vision that DLF is looking sensible at this heigh

High On Fuel, Tata Steel Rolls Down

Tata SteelShares of India's top private steel maker, Tata Steel had recovered from an early 3.3% decrease and was down just 0.71% to Rs 647.90 at 15:01 IST after it signed up an agreement with Australian firm Riversdale to get hold of a 35% stake in its Mozambique coal project.

On Bombay Stock Exchange, 5.11 lakh shares of the scrip were traded on the counter today. In the last three months, the average daily volume of the scrip stood at 8.98 lakh shares.

Wipro Acquires US Outsourcer Infocrossing For USD 600 Mn

Wipro TechnologiesWipro Technologies signed up a definitive agreement to takeover the Nasdaq-l

Google To Bring Out Phone Of Its Own Phone By 2008

Google PhonesLondon: Google is hopeful to instigate a mobile phone by early next year that will let users to browse the internet on the move.

The company anticipates that its ‘GPhone’ will be as popular as the Apple iPhone that was initiated in the United States in June.

Google services including its search engine, e-mail and interactive maps will be loaded on to the phone. It is believed Google will originate its proceeds from the profitable mobile advertising market.

August Print Edition Preview : Second Edition for August

This August, as Indians brave Hot weather and Less Rainfall, the Stock Markets are in a volatile state. BSE

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News in Focus

Motherson Sumi Wiring Share Price Target at Rs 50: ICICI Securities

ICICI Securities has maintained its BUY rating on Motherson Sumi Wiring India, keeping its target price unchanged at Rs50 — a 25% upside from the current market price of Rs40.

Marico Share Price Could Reach Rs 1,050: Motilal Oswal Stock Research

Motilal Oswal Financial Services has reiterated a BUY rating on Marico, maintaining its target price at Rs1,050 — a 20% upside from the current market price of Rs875.

Kalyan Jewellers Share Price Could Reach Rs 700: Motilal Oswal Research

Motilal Oswal Financial Services has reiterated a BUY rating on Kalyan Jewellers, maintaining a target price of Rs700 — an 18% upside from the current market price of Rs591.

Nuvama Wealth Share Price Target at Rs 2,100: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a BUY rating on Nuvama Wealth, raising its target price to Rs2,100 — a 16% upside from the current market price of Rs1,804.

Godrej Properties Share Price Could Reach Rs 2,350: Motilal Oswal Financial Services Remains Bullish

Godrej Properties Ltd reported a 22% year-on-year rise in pre-sales to Rs 86.5 billion in the first quarter of FY27, an 8% beat on brokerage estimates, driven by strong launches across Bengaluru, t

DLF Share Price Target at Rs 755: Motilal Oswal Financial Services

Motilal Oswal Financial Services has retained its BUY rating on DLF Limited, setting a target price of Rs755, implying a 17% upside from the current market price of Rs643.