Jindal Power IPO coming up

Bombay Sensitive 30 Index
Last Trade: 16,454.45
240.26 (1.48%)
Trade Time: 03:40 PM IST
Previous Close: 16,214.19
Day's Range: 16,255.42 - 16,477.23
52-week Range: 7,697.39 - 16,434.77
Volume: 18,860,424
Avg. Volume: 30,531,210
1 USD = 48.5 INR

* Jindal Steel and Power Ltd (JNSP.BO) rose as much as 5.80 percent to 608.9 rupees after a report in the Business Standard newspaper that Jindal Power, a unit of the company, is planning a 40 billion rupees initial public offering to raise funds for its 2,400 megawatt superthermal power project in Chattisgarh, two dealers said.

Shares were up 4.9 percent at 603.7 rupees.


* Lakshmi Vilas Bank (LVLS.BO) rose as much as 12.29 percent to 121.55 rupees after it said on Tuesday it will issue 1 equity share for each one held in the bank on rights basis at 54 rupees per share. The size of the issue would be 2.65 billion rupees.

Shares were up 8.31 percent at 117.25 rupees.


* Gemini Communications Ltd (GEMC.BO) rose as much as 8.41 percent to 18.7 rupees in early trade after the firm said its board would meet on Sept 21 to consider listing its shares on Germany's Deutsche Borse.

Shares pared gains and traded at 17.65 rupees, still up 2.32 percent.

15:41 IST Infosys coo: not seeing second round of price negotiations with clients
15:41 IST india's Infosys coo: no reason to acclerate hiring at this point in time
15:40 IST Infosys coo: deals worth more than $500 mln have not reappeared in significant manner
15:39 IST Infosys coo: situation is still quite challenging
15:39 IST Infosys coo: bp deal worth $116 mln over five years
15:35 IST mahindra & mahindra pays 1.12 bln rupees as advance tax for july-september - source
15:33 IST sbi pays 18.32 bln rupees as advance tax for july-september - source
15:32 IST top sensex gainers: dlf rises 5.6 pct, hero honda gains 3.7 pct and sterlite industries up 3.1 pct
15:31 IST broader 50-share nse index provisionally ends 1.74 pct higher at 4892 points
15:30 IST BSE sensex provisionally ends 1.5 pct up, 27 of 30 index components in green; BSE realty index gains 4.1 pct
15:27 IST BSE realty index gains 4 pct; BSE metal index up 3.7 pct
15:25 IST shares in dlf trading 5.1 pct higher at 412 rupees; top sensex gainer
15:22 IST NSEI block deal: mahindra & mahindra 300362 shares at 842.00 inr
15:18 IST 50-share nifty index gains 1.8 pct at 4898 led by gains in reliance industries, jindal steel, l&t and icici bank
15:17 IST shares in icici bank, india's top pvt lender, gains 2.1 pct to 843 rupees; sbi up 2.7 pct
15:13 IST top sensex gainers: dlf up 5 pct, hero honda up 3.2 pct, hindalco up 3 pct, jp associates up 2.9 pct
15:10 IST NSEI block deal: mahindra & mahindra 69511 shares at 841.00 inr
15:07 IST BSE block deal: lic housing finance 100000 shares at 673.00 inr
15:03 IST NSEI block deal: mahindra & mahindra 190619 shares at 840.00 inr
15:01 IST it bellwether Infosys technologies gains 0.8 pct; stock trading at 2269 rupees per share
14:59 IST BSE capital goods index gains 1.4 pct; BSE it index up 1 pct
14:58 IST BSE fmcg index gains 1.1 pct; BSE power index up 1 pct
14:58 IST BSE mid-cap index gains 1.5 pct; BSE small-cap index up 1.2 pct
14:57 IST BSE auto index gains 2.1 pct; BSE banking index up 2.2 pct
14:51 IST oil rises to $69; position limit fears cap gains; trading at $68.89 a barrel
14:45 IST BSE metal index gains 3 pct; BSE realty index up 2.9 pct
14:36 IST shares in dlf trading 3.6 pct higher at 406 rupees; top sensex gainer
14:30 IST BSE auto index gains 2.2 pct; BSE banking index up 2.1 pct
14:23 IST 50-share nifty index gains 1.5 pct at 4883 led by gains in reliance industries, jindal steel, l&t and icici bank
14:21 IST firstrand ceo, ceo-designate say mtn, bharti potential tie-up would be good for south africa

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