Traders accumulating shares of Bihar Tubes

A section of traders are busy accumulating shares of a Delhi-based pipe manufacturer Bihar Tubes. The news on the street is that the company is looking at an acquisition and a greenfield expansion in Maharashtra. It had recently aquired Bangalore-based Shri Lakshmi Metal Udhyog, with a capacity of 35,000 mtpa. The capacity will go upto [...]

Author: Austin Comments: 0 comments Date: 8 May 2008 More: Read more
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Smart Investor bets on Rain Commodities

Rain Commodities is said to be on the radar of a domestic brokerage firm who seeks to ‘invest smartly’. The firm is said to be aggresively asking investors to buy heavily into the scrip. The firm seems to be creating a buzz that Calcined Petroleum Coke (Rain is the world’s largest producer of CPC) is [...]

Author: Austin Comments: 1 comment Date: 28 Apr 2008 More: Read more
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Steel stocks surge on Chinese speculation

There is an unusual excitement around scrips of steel companies on the bourses. If sector analysts are to be believed, the Chinese government is going to impose another round of clampdown on steel exports in mid-2008. According to metal analysts, the Chinese government, in all probability, would set a threshold limit on minimum export volume.

Author: Austin Comments: 0 comments Date: 16 Feb 2008 More: Read more
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