Alfa Laval highly developed by 18percent and hitted the 52-week high of Rs 2,318.50,

Alfa Laval highly developed by 18percent and hitted the 52-week high of Rs 2,318.50, as the firm will intends to delist stocks from Bombay Stock Exchange & National Stock Exchange. So far, 0.11 lakh stocks have exchanged on the Bombay Stock Exchange as against the couple of week avg volume of 0.03 lakh stocks.

Alfa Laval increased by 18percent and hitted the 52-week high of Rs 2,318.50, as the firm will intends to delist stocks from Bombay Stock Exchange & National Stock Exchange today in a board meeting

Alfa Laval (India) mentioned that it was intending to delist stocks from the trades and the idea would be talked about at firm’s board meeting today (19 September, 2011).
The firm, whose promoter is Sweden based Alfa Laval Corporate AB, provides heat transfer, splitting up and fluid handling technologies.The Swedish company has decided to look for a voluntary delisting of Alfa Laval (India) stocks from the BSE and the NSE.

In a regulatory filing, Alfa Laval (India) mentioned the promoter company would make a delisting provide to acquire up to 2,040,202 stocks, accounting for 11.23percent share in the domestic company.
A meeting of the board has been planned today, to think about and choose the delisting idea and matters_incidental thereto, the filing noted. Presently, the promoter firm holds 88.77percent share in Alfa Laval (India).

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Short Term Share Trading

Short Term Share Trading Short term share trading means purchasing stocks and holding them for several time period is called Short term share trading. Short term trading involves buying ...…

Primary Markets?

Primary Markets? The market in which investors have the initial opportunity to buy a newly issued security ( IPO ). Companies and other groups obtain financing through ...…

What Is Bear Market?

What Is Bear Market? [ad name="468x15- 5 link"] A bear market is happens when a major index encounters a drop of 20% or higher from the most recent high point. ...…

Post Office Monthly Revenue Plan

Post Office Monthly Revenue Plan Post Office Monthly Revenue Plan is known as a low risk saving tool, Post Office scheme can be availed by any post office. It offers ...…

What Is Face Value Of A Share And Debenture?

What Is Face Value Of A Share And Debenture? stated value given to a security by the company. For stocks, it's the original price of the share shown on the certificates for bonds, it's ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics