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Tuesday, June 30, 2015

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LIC Housing Finance plans to mart Orbit Corp property
LIC Housing Finance will auction a property belonging to property developer Orbit Corporation for default of loans. LIC Housing Finance has kept a reserve price of Rs125 crore for the 9,083 square metre or over 90,000 sq ft property.

Rajesh Exports gains ahead of board meet
Shares of Rajesh Exports rose 5% to Rs325, also its record high on the BSE, ahead of board meeting on Thursday to consider overseas acquisition plan. In past three weeks, the stock zoomed 43% from Rs228 after the company said it had bagged an export order worth Rs1,302 crore from a UAE-based company for gold and diamond-studded jewellery.
Bharti Airtel is now 3rd largest mobile operator in world
Bharti Airtel Ltd has informed regarding a Press Release dated June 30, 2015, titled 'Airtel is now the third largest mobile operator in the world'.

Coal India gains as Morgan Stanley raises target price
Shares of Coal India rose nearly 3% touching to Rs419.75, after Morgan Stanley raised share price target to Rs530 from Rs449. Global brokerage major Morgan Stanley maintained ' outperform' rating on the stock with a target price of Rs530 per share. This indicates a potential upside of 30% over Monday's closing price.

Nestle allow to continue exports of Maggi noodle
Nestle India announced that the Hon'ble Bombay High Court has allowed the Company to continue the export of MAGGI noodles.

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and commodity market. 


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