
Thursday, February 11, 1999
ITC Threadneedle plans high-risk equity fund
ITC Threadneedle Mutual Fund is planning to launch a unique high-risk equity scheme. The scheme, designed to capitalise on special situations and market opportunities.
Sree Rayalaseema plans preferential allotment
Sree Rayalaseema Alkalies and Allied Chemicals Ltd (SRAAC) has decided to issue preference shares of Rs 15 crore to financial institutions on preferential basis. The preferential issue is to part fund its proposed diversification and expansion projects.
Sensex inching up towards 3,427 points
A hefty jump in the price of HLL triggered stock prices and lead to an improvement across a wide brand. Positive news on cement production added to the buying interest. Punters made up their mind to go one more game up the bull alley.
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