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Posts Tagged ‘joint venture’

Stocks to watch - Motherson Sumi- stock investment

September 11th, 2008 by admin | No Comments | Filed in Market Watch, Stocks To Watch, short term, stock investments

M Cap: As 3,013cr

The stock has recovered 26 per cent after hitting a 52-week low of Rs 67 on July 2. During the last fortnight, trading volumes increased around 10-fold to 1.52 Iakh shares and average delivery volumes were close to 80 per cent. (more…)

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ICICI Ventures eyes stake in BHEL JV

September 5th, 2008 by admin | No Comments | Filed in BSE, Market Watch

Two leading private financial institutions — ICICI Ventures and IL&FS — are likely to pick up 50 per cent stake in the NTPC-BHEL joint venture, which was floated in April this year to manufacture power equipment.  “We are meeting IL&FS and ICICI Ventures representatives on September 10. We will see how much they can invest in this joint venture company,” said minister of state for power, Mr Jairam Ramesh. (more…)

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