Small Business

Aarti drugs up on capex plans

Aarti Drugs closed at Rs 108, higher by Rs 2 or 2.8%, on the BSE. - Ashok Leyland gains on Dec sales jump - Sensex slips 75pts amid lacklustre trade - Sensex ends down 75 pts - Maha Govt blocks moneycontrol.com, bseindia.com for its staff - Another lacklustre day - Kalpataru Power advances on winning orders The stock opened at Rs 87, which also happened to be the day"s low, and a high of Rs 111 during the day. A total of 1.76 lakh shares were traded on the BSE as against the two-week average of 0.55 lakh shares. -----------------------------------------------------------------------------------(Updated at 0956am) Aarti Drugs has gained in morning trades on plans of expansion. The stock jumped 4% to touch a high of Rs 109. The stock is currently trading at Rs 107 - up 2%. Around 7,908 shares have been trded on the BSE so far. The company is considering a proposal for capital expenditure aggregating up to Rs 40 crore by way of expansion and acquisition. The capex will be funded by external commercial borrowing.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
Apollo Munich Health Insurance: Insuring against negativity
Apollo Munich Health Insurance Company, the joint venture between Apollo Hospitals Group and Munich Health of Germany, has come out with a new mass media campaign.
Popular Articles
payday loans

Aditi sharpens focus on services; to double headcount
Aditi Technologies, an outsourced product and application development firm, is increasing its focus on intellectual property (IP)-led domain services for which it plans to double its headcount to over 2,000 people over the next 18 months. The company hopes this move will help it cross the $120 million mark in revenues during the same period.

'Youngistan interested in stock market, chocolates'
Young India is patriotic but being “stylish” is a growing priority, too. “Chocolate” remains the first craving of Indians and “MTV” Youngistan’s most loved space. And the stock market is growing in appeal for young traders, while football catches up with cricket.

© Copyright 2009