IFCI has sold 2.25 lakh shares in NSE in the rate of 3950 rupees per share. On April 2014, the company's board has already given the approval to sell 2.5% stakes.
The board of UltraTech has given the approval to buy the Cement Business. Now, UltraTech Cement will buy the JP Cement's plant having capacity of 21.2 MTPA. This deal will be executed with the enterprise value of 16189 crore rupees. After this deal, JP Associates Stock took a big jump of 32% today.
Infibeam has mad a deal with Gujarat Cooperative Milk Marketing Federation for Amul. For which Infibeam will avail the Online E commerce and Mobile Platform.
The price of Non Urea Fertilizers has been deducted by 5000 rupees per ton, which will affect the shares of fertilizer companies.
The Shipping Corporation of India will expand the fleet of expenses with 1000 crore rupees and the company will also start the shipment to Iran.
Sell IFCI Bank below: 27.67 Targets: 27.58 --- 27.47 --- 27.36 Stoploss : 27.78
Buy JP Associates above: 11.89 Targets: 11.95 --- 12.03 --- 12.10 Stoploss : 11.82
Buy Infibeam Corp above: 702.25 Targets: 708.54 --- 715.20 --- 721.90 Stoploss : 695.64
Sell Chambal Fertilizers below: 68.75 Targets: 68.61 --- 68.44 --- 68.27 Stoploss : 68.92
Sell NFL below: 35.38 Targets: 35.27 --- 35.15 --- 35.02 Stoploss : 35.50
Buy at / above: 68.92 Targets: 69.06 --- 69.24 --- 69.41 --- 69.58 Stoploss : 68.75
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