Financial Daily
from THE HINDU group of publications
Thursday, February 22, 2001
|
Financial Daily from THE HINDU group of publications Thursday, February 22, 2001 |
||
|
|
||
|
• AGRI-BUSINESS • COMMODITIES • CORPORATE • INDUSTRY • INFO-TECH • LETTERS • LOGISTICS • MARKETS • NEWS • OPINION • VARIETY • INFO-TECH • CATALYST • INVESTMENT WORLD • MONEY & BANKING • LOGISTICS |
Markets
| Next
| Prev
Shree Cement: Stake sale is official
THE confirmation by the top management of Shree Cement that it is looking at roping in an MNC as a strategic partner may lead to continued firm trends in the stock price.
A price of around Rs 200 per share and the recourse to preferential allotment route to ensure a 35 per cent stake each for the promoters and the would-be partner point to concrete action ahead on this front. The indicated price is attractive. But, the pr
eferential offer route and proposed shareholding pattern may cap the degree of rise in the stock price. BL Research Bureau
|
|
|
Related links: H.M. Bangur confirms talks for partner Lafarge set to buy big stake in Shree Cement Comment on this article to BLFeedback@thehindu.co.in Send this article to Friends by E-Mail
Next: Hindustan Inks: Shuffling of stakes Prev: Rate cut propels bank scrips Markets Agri-Business | Commodities | Corporate | Industry | Info-Tech | Letters | Logistics | Markets | News | Opinion | Variety | Info-Tech | Catalyst | Investment World | Money & Banking | Logistics | Copyrights © 2001 The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line. |