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2232
srebalajii Says
I think.They will not return the money for the remaining shares.They will ask the share holders to buy 12 more shares in RPL in order to compensate the ratio. Else they will keep like 6*(4/16) = 6.25 shares of RIL.


U mean those who donot purchase extra shares to make the total stock a multiple of 16 or those who dont sell away the extra stand to lose their investments!
2233
winner_iima Says
U mean those who donot purchase extra shares to make the total stock a multiple of 16 or those who dont sell away the extra stand to lose their investments!

No, even if you have just one share of RPL and don't take any action you'll be given 1/16 (=.0625) of RIL shares.
2234
This merging is not for the TAX benefit for the company.

This is mainly to improve the cash flow of the company and also they will have lots of operational benifits towards the company.

Moreover 70% of RIL projects will come under RPL.

This will not give any benefits in TAX for the company.In future their may increase in TAX for the company for showing high turnover. Spliting up of company in several divisions may help in TAX benefits.

Cheers,
BALAJI

tax benefit will be one of the advantage that RIL will get from the merger.....
2235
srebalajii Says
I think.They will not return the money for the remaining shares.They will ask the share holders to buy 12 more shares in RPL in order to compensate the ratio. Else they will keep like 6*(4/16) = 6.25 shares of RIL.

WHat a logic....if someone does not have money then???...no buddy its not like that....in every such cases you get back the equivalent amount if you are not able to get a complete stock.....I have noticed this thing in case of Rpower also.
2236
er_gaurav211085 Says
WHat a logic....if someone does not have money then???...no buddy its not like that....in every such cases you get back the equivalent amount if you are not able to get a complete stock.....I have noticed this thing in case of Rpower also.


Yes, that is what exactly happens in such cases...shares cannot come in fractions.....:tongue:
2238
I was going through history and read that in 1929 depression usa markets fell 85%.
Now current scenario looks as bleak so huge downside still seems possible.
Maybe DOW JONES can fall till 5000

Yes you are right, that is popularly known as great depression. But that situation really seems impossible although nothing can be said surely. But as the governments and centrals banks across the world have started intervening. SO that situation may not come. Keep ur fingers crossed.
2239

Don't want to be the pessimist here but the Govt and central banks have been intervening for quite some time now without much result. And if there is one thing that we have really underestimated, it is the impact and depth of this recession.

Last year we had people saying India won't be as much affected as the western countries and we'll be able to grow at a comfortable pace. And even though the situation is not as bad as out there but it certainly has worsened since then.

The only things is, we cannot expect/predict anything anymore ... Wait and watch is the name of the game.

2240
Don't want to be the pessimist here but the Govt and central banks have been intervening for quite some time now without much result. And if there is one thing that we have really underestimated, it is the impact and depth of this recession.

Last year we had people saying India won't be as much affected as the western countries and we'll be able to grow at a comfortable pace. And even though the situation is not as bad as out there but it certainly has worsened since then.

The only things is, we cannot expect/predict anything anymore ... Wait and watch is the name of the game.

There are many points which can not be neglected......but the stimulus packages which are announced globally, take time of around 3-4 months to show its effect on market. This will be witnessed in the first quarter of this financial year. Moreover the sentiment has become highly negative. A big positive news hardly creates any impact, but even a small negative news shows great effect.
Last year experts and other analyst were neglecting the fact that if the western countries are affected then our exports will also be affected. They used to think that we have become isolated but remember ...a world is like a rope. how far will the one end will be safe when the other side is burning, it will eventually catch fire. But on the positive side we have Rich NRIs settled in gulf countries, which are not badly affected by this slowdown, so still we receive remittances from them.
And considering the last 4-5 years trend although we are developing with the same pace but even the growth rate of around 7% is extremely gud , when the other countries across the world have entered negative growth territory. When Indian implemented policy of liberalisation in 1991, we used to aim for 4-5% growth rate. SO compared to that we are in a much better situation.

But there are offcourse many causes of concern. Obama's policy of debarring companies from tax benefits , who outsource their projects is a negative news for Indians.
2242
I saw shankar sharam (GLOBAL SECURITIES) he was 1 person who was truthful and predicted 8-10k for sensex when sensex was 17k due to usa subprime crisis
Today on CNBC he was saying that usa crisis is as bad as japan crisis and there is no chance of a recovery before 2015. Can get delayed to even 2020

GOD ALmIGHTY..

If thats going to be the case then our bacche will also be the sufferers 😁
2243

@ ashish155 - Some people just don't understand, isn't it?

2244
reachmonil Says
@ ashish155 - Some people just don't understand, isn't it?


u still moderating!! 😉
2245

u still moderating!! ;)

Ahem ! Some people are just irresistible!
2246

wat a rally we r having !! already up from nifty 2500 to 3100 & tht too in leass than 15 trading sessions !! the funniest & strangest thing is tht we r moving up in very heavy volumes , something like double the volumes on a normal normal trading day ..

& another funny thing is tht the market hav been overbought right frm nifty 2800 levels !!


with my personal trading experience in this market for last 4 years, i am sure that this time mkt is not running on technical. this sort of Run is always attributed to sentiments !!

i m not saying Technical analysis is useless. even i m a TA guy to a large extent , but i think Tech Analysis is useful more in preserving capital and saving from possible losses in clearly trending markets .. . rest all have different views. i still think this run is based on Fundamental issues, though false, but still mkt is driven by these.

lets c wats in store for us tomoro ..

happy trading

2247
wat a rally we r having !! already up from nifty 2500 to 3100 & tht too in leass than 15 trading sessions !! the funniest & strangest thing is tht we r moving up in very heavy volumes , something like double the volumes on a normal normal trading day ..

& another funny thing is tht the market hav been overbought right frm nifty 2800 levels !!


with my personal trading experience in this market for last 4 years, i am sure that this time mkt is not running on technical. this sort of Run is always attributed to sentiments !!

i m not saying Technical analysis is useless. even i m a TA guy to a large extent , but i think Tech Analysis is useful more in preserving capital and saving from possible losses in clearly trending markets .. . rest all have different views. i still think this run is based on Fundamental issues, though false, but still mkt is driven by these.

lets c wats in store for us tomoro ..

happy trading

Completely agree with u on this....Even the bull rally was not driven on technicals. Because of elections it is expected that the market will again come down.....lets see what happens.
2248

BHEL has total revanue of 2611 crore rupees. it is 17 %high from last quarter.

so share prices will definately go up.

and RIL also started pumping gas from krishna-godavari basin. so it will increase its revanue and profits. so i think buying RIL may be a better deal.

2249
BHEL has total revanue of 2611 crore rupees. it is 17 %high from last quarter.

so share prices will definately go up.

and RIL also started pumping gas from krishna-godavari basin. so it will increase its revanue and profits. so i think buying RIL may be a better deal.

RIL..........certainly not at correct levels....though it will fetch you profit but you know market has been going up for last few trading sessions...and due to elections and G-20 summit it may witness some sharp correction..so better wait and watch......entering RIL at 1000-1200 is the best price......even for trading purpose this level is very safe....

BHEL to ever green stock hai for investment.....
2250

hi puys,
can somebody tell me a place where I can find a database on the companies
listed on the bse/nse, database might contain earlier stock prices, fundamental ratios such as roe, eps etc.
Thanks in advance

2251
hi puys,
can somebody tell me a place where I can find a database on the companies
listed on the bse/nse, database might contain earlier stock prices, fundamental ratios such as roe, eps etc.
Thanks in advance

use their official websites National Stock Exchange of India Ltd. and Bombay Stock Exchange - BSE site for SENSEX, stock quotes and market trend
also u can use this link Indian stock markets: Mutual funds, Sensex, Nifty you can get most of the information here.
2252

ya.. i agree with my friend........ what i feel is that though the market is moving up from few days ... there will be again correction... we just have 2 use wit nd watch policy till d election..... after that i feel indian markets will start moving up.... because our fundamentals are strong........ nd we will grow much faster than other nations......

2253
use their official websites National Stock Exchange of India Ltd. and Bombay Stock Exchange - BSE site for SENSEX, stock quotes and market trend
also u can use this link Indian stock markets: Mutual funds, Sensex, Nifty you can get most of the information here.


Thanks for the information, but I was looking for some consolidated database
through which i can search for specific fundamentals, or some magazine similar to the Value Line(US).