Stocks of BHL increased more than 2percent, hitting the day’s high of Rs 54.80

Stocks of BHL increased more than 2percent, hitting the day’s high of Rs 54.80, following the firm’s board fixes 22 September, 2011, as the document date for rights issue. Until now, more than 0.83 lakh stocks have exchanged on the Bombay Stock Exchange as against the 2 week average volume of 2.10 lakh shares.

BHL has fixed Rs 36 each stock as being the rights issue cost. The firm will issue 2 equity stocks on a rights basis for per stock held on the document date.

The rights issue size is Rs 1644.17 cr. The new issue of 45.67 cr equity stocks on rights basis will result in equity dilution of 200percent.

BHL documented a gross gain of Rs 1.15 cr in 3rd qtr June 2011 as against gross loss of Rs 14.91 cr in 3rd qtr June 2010. Gross sales increased 46.87percent to Rs 1051.12 cr in 3rd qtr June 2011 over 3rd qtr June 2010.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

4 Blunders To Avoid While Stock Markets Fall

4 Blunders To Avoid While Stock Markets Fall The current outlook on the market seems utmost pessimistic on concerns of High crude oil prices, inflation, high interest hurting corporate earnings etc. Analyst on ...…

Intraday Tips For Today

Intraday Tips For Today Nsestocktips.in provide intraday trading tips, daily update share tips , you want share tips on mebile subscribe our special offer plan for more share stock ...…

Why Do I Need To Take Investment Risk?

Why Do I Need To Take Investment Risk? [ad name="468x15- 5 link"] While most evident when markets are falling, threat is ever-present. However, it’s not something you want to avoid totally because without risk, ...…

Online Stock Trading Guide

Online Stock Trading Guide Online stock trading is becoming very popular in the current time when you only requirea trading account and following that you could buy and sell ...…

When Begins Investing

When Begins Investing [ad name="Banner 468 x 60 Text emage"] The quicker one begins investing the better. By investing very early a person allow investment funds a longer period ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics