Jul

31

Wockhardt drops on Q2 net dip

Posted on: July 31, 2009 at 1:17 pm

The stock opened slightly up at Rs 150 but started slipping thereafter. It dipped 5.5% from the high to a low of Rs 142. The stock is now trading near its low at Rs 143, down 3.5%. The counter has clocked a volume of 45,179 shares on the BSE so far.
The company reported a net [...]

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Jul

31

Falcon Tyres to raise Rs 300 cr; board decides to split stock

Posted on: July 31, 2009 at 10:16 am

Falcon Tyres Ltd is raising Rs 300 crore to carry out expansion of its tyre manufacturing capacity at Mysore plant this year. The company plans to raise Rs 200 crore debt and another Rs 100 crore by divesting a percentage of stake to a private equity firm.
Announcing this at a press conference, here today, Pawan [...]

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