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IBP
likely to be valued at Rs 650 a share, feel analysts
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IBP Ltd - the standalone petrochemical
marketing company — is likely to be valued at Rs 650 per share,
post its demerger with Balmer Lawrie, say analysts. The current
market price of IBP Ltd is hovering around Rs 300 per share.
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CSE
plans to recover Rs 2-crore advance paid to landlord
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The Calcutta Stock Exchange
(CSE), looking for funds since the March payments crisis depleted
its reserves, is trying to recover Rs 2 crore that it had parked
as an interest-free advance with the landlord of its premises
at 6, Lyons Range. |
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TFL
under Crisil ratings watch
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The country’s top rating agency,
Crisil Ltd, has put various investment instruments of Tata Finance
Ltd (TFL) under review and has even initiated dialogue with
TFL officials in this regard. |
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Sensex
up 18 pts on FII buying in new economy, pharma
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On the back of huge buying
by the foreign institutional investors (FIIs) in the new economy
and pharma counters, the bearish trend witnessed at the bourses
since the last two consecutive sessions was halted and the benchmark
indices managed to close on Tuesday in the black, with moderate
gains. |
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