Power Mech Projects makes lacklustre debut

THE ECONOMIC TIMES Fri, Aug 28, 2015 | 08:01 AM IST ET Investment Opportunities

Power Mech Projects makes lacklustre debut Power Mech Projects makes lacklustre debut During the day the stock witnessed an intra-day high of Rs 663.10 and a low of Rs 580 on BSE and finally settled at Rs 585.75. L&T Infotech set to hire top executives ahead of IPO L&T Infotech set to hire top executives ahead of IPO Larsen & Toubro is on the prowl to hire a number of senior executives for leadership roles in its IT services arm L&T Infotech ahead of its planned IPO this year. Healthy balance sheet makes Pennar Engineering's stocks look attractive Healthy balance sheet makes Pennar Engineering's stocks look attractive Hyderabad-based Pennar Engineering Systems' public stock offering appears attractive, given the company's healthy balance sheet, access to technology and expertise. Prabhat Dairy plans to raise around Rs 300 crore through IPO Prabhat Dairy plans to raise around Rs 300 crore through IPO Milk and dairy products firm Prabhat Dairy plans to garner up to Rs 300 crore by issuing fresh equity shares and offer for sale of up to 1.47 crore scrips.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Prabhat Dairy Ltd. 140.00 - 147.00 28-08-2015 01-09-2015 Sadbhav Infrastructure Projects Ltd. 100.00 - 103.00 31-08-2015 02-09-2015 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   ICICI Pru FMP Series 77 1151D Plan S Reg-G Debt: FMP Closed-end 25 Aug 2015 31 Aug 2015 5,000 ICICI Pru FMP Series 77 1151D Plan S Reg-D Debt: FMP Closed-end 25 Aug 2015 31 Aug 2015 5,000 ICICI Pru FMP Series 77 1151D Plan S Direct-G Debt: FMP Closed-end 25 Aug 2015 31 Aug 2015 5,000 ICICI Pru FMP Series 77 1151D Plan S Direct-D Debt: FMP Closed-end 25 Aug 2015 31 Aug 2015 5,000 Reliance FHF XXIX Series 5 Direct-D Debt: FMP Closed-end 31 Aug 2015 07 Sep 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled onSeptember 17 that basements of residential houses can now be sold and registered separately in Haryana. Store in style Store in style NRI demand in Indian realty up in Oman Indian developers do visit Muscat periodically to organise individual road shows but here again local licensing laws impose stringent stipulations without which it would be difficult to reach the target audience. What makes Noida Extension first choice of property buyers The future holds great promise both for individual buyer who wants a house to live and investors both individual and large.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   UTI Dual Advantage Fixed Term Fund Sr II-I (1998 D) Direct-D Hybrid: Debt-oriented Conservative Closed-end 14 Aug 2015 28 Aug 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-I (1998 D) Direct-G Hybrid: Debt-oriented Conservative Closed-end 14 Aug 2015 28 Aug 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-I (1998 D) Reg-D Hybrid: Debt-oriented Conservative Closed-end 14 Aug 2015 28 Aug 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-I (1998 D) Reg-G Hybrid: Debt-oriented Conservative Closed-end 14 Aug 2015 28 Aug 2015 5,000 Reliance Dual Advantage FTF VIII Plan B Direct-D Hybrid: Debt-oriented Conservative Closed-end 14 Aug 2015 28 Aug 2015 5,000 More >>

Views and Recommendations

We continue to prefer Axis, Yes Bank, LIC Housing from a long-term perspective: Mayuresh Joshi 27 August, 2015, 05:18 PM IST 'IT is something that we will continue to prefer over a longer timeframe; therefore, Infosys, TCS, HCL Tech are names which we are continue to like.' Bullish Inox Wind, Garware Wall Ropes good bets at current juncture: Mayuresh Joshi 27 August, 2015, 05:06 PM IST 'Therefore, it is our belief that once the capex cycle turns, these stocks can benefit much more in terms of earnings momentum going forward.' Bullish Do not believe 7,700 is the bottom for Nifty: Sandeep Wagle, Power My Wealth 27 August, 2015, 04:47 PM IST 'I still do not believe that 7,700 is the bottom, maybe in short term yes, given some more time it would be broken.' Bearish Midcaps continue to be best bets; markets to remain sideways: Ashwani Gujral 27 August, 2015, 04:36 PM IST 'Chances are that we will be more sideways than having a great big rally starting from tomorrow and selling of options remains a fairly decent strategy.' Sell

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