Archive for May, 2008

Buy Reliance Comm, tgt Rs 706: Prabhudas Lilladher

Posted on May 16, 2008. Filed under: Reliance Communications | Tags: , |

Prabhudas Lilladher has mainatained its buy rating on Reliance Communications with a target price of Rs 706 in its May 14, 2008 research report. “Rcom has guided for a potential market size of USD 275 billion for its global assets, which will be offering a diverse portfolio of global communication business services, including global voice, [...]

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Hold Reliance Petroleum: Bose

Posted on May 16, 2008. Filed under: Reliance Petroleum | Tags: , |

Technical Analyst, Rajat K Bose is of the view that unless Reliance Petroleum falls below Rs 165, it stays below that one can continue to hold expecting a bounce back. But the bounce back and the upswing would be confirmed only if the stock stays above Rs 187. But no fresh buying here unless it [...]

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Sensex up 177pts; ONGC down 1%

Posted on May 16, 2008. Filed under: Reliance Infrastructure | Tags: , , |

The Sensex remains firm; it’s up 177 points at 17,037. The Nifty is also steady at 5052, up 40 points.
Hindalco has gained 4.9% to Rs 183.50, Reliance Infra is up 4.6% to Rs 1,420. Jaiprakash Associates is also up 4.3% to Rs 257.
Satyam, Tata Steel, ICICI Bank, L&T and DLF are up over 2% [...]

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Sensex up 150 pts; Hindalco 4.3% higher

Posted on May 16, 2008. Filed under: Reliance Infrastructure | Tags: , , |

The Sensex is stable at 17,012 points, up 151. The Nifty too is trading at 5045 points, up 32.
Jaiprakash and Hindalco are trading 4.3% higher at Rs 257 and Rs 183 respectively. Reliance Infra is up 3.5% at Rs 1,404. Tata Steel, Satyam, DLF and ICICI Bank are up 2% each.
ONGC is down [...]

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SEBI clears Reliance Infratel IPO

Posted on May 16, 2008. Filed under: Reliance Infratel | Tags: , , |

New Delhi: Market regulator SEBI is understood to have cleared the initial public offering (IPO) of Anil Ambani group firm Reliance Infratel.
Reliance Infratel is the telecom infrastructure division of Reliance Communications Ltd.
According to sources, Reliance Infratel would offer 10 per cent equity to the public valued at Rs 5,000-6,000 crore.
Source:http://finance.indiainfo.com/2008/05/15/0805151147_reliance.html

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Enter in Reliance Petroleum at Rs 145: VK Sharma

Posted on May 12, 2008. Filed under: Reliance Petroleum | Tags: |

Enter in Reliance Petroleum at Rs 145: VK Sharma
Moneycontrol.com - Mumbai,India
VK Sharma, Anagram Stock Broking is of the view that one can enter in Reliance Petroleum at Rs 145 odd. Sharma told CNBC-TV18, “Till the time RPL commences …

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Reliance Petroleum has strong base at Rs 160: Bhambwani

Posted on May 12, 2008. Filed under: Reliance Petroleum | Tags: |

Reliance Petroleum has strong base at Rs 160: Bhambwani
Moneycontrol.com - Mumbai,India
Technical Analyst, Vijay Bhambwani is of the view that for Reliance Petroleum Rs 160 would be a fairly strong base at this point in time. …

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Sensex tumbles on drop in industrial production

Posted on May 12, 2008. Filed under: Reliance, Reliance Communications | Tags: , , |

Sensex tumbles on drop in industrial production
Sify - Chennai,Tamil Nadu,India
State Bank of India, Mahindra & Mahindra, Larsen & Toubro and Reliance Industries have also posted sharp losses. Reliance Communications, Infosys …

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Reliance Comm planning JV with Alcatel-Lucent: source

Posted on May 12, 2008. Filed under: Reliance Communications | Tags: , , , |

Reliance Comm planning JV with Alcatel-Lucent: source
Reuters - USA
2 mobile operator, Reliance Communications (RLCM.BO: Quote, Profile, Research), may announce a network management joint venture with French-American …

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A Chakraborty positive on Reliance, RPL

Posted on May 12, 2008. Filed under: Reliance Power | Tags: |

A Chakraborty positive on Reliance, RPL
Moneycontrol.com - Mumbai,India
Chakraborty told CNBC-TV18, “We have covering on the oil marketing companies including Reliance. Friday we have seen that purely based on apprehension and …

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