How is Zenith Birla???

saif

New Member
#1
Friends,

Any view on this one?

Zenith Birla (India) Ltd.
Industry Steel - Tubes/Pipes

BSE Code 531845 NSE Code ZENITHBIREQ
 
#4
On What Basis??

Saif
Read this article & u will know why this is good for short & Long term:
Posted November 22nd, 2007 by Shalini Kakkad Buzzing Stocks Stock

Trading Featured Zenith Birla is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 61. The stop loss is at Rs 59, and it will definitely reach above Rs 67-70.

Zenith Birla is looking too strong at current levels. The stock closed at Rs 64.60 (up 7.5%) on BSE yesterday. The 52-week high of the stock was Rs 65.90.

Buy the stock and see the difference. It will really outperform the stock market.

Zenith Birla (India) is eyeing the oil and gas pipeline market in the US and West Asia.

The group has also decided to establish a construction plant for mechanical tubes that is used mainly in automobile industry. The company announced its follow-on public offer of 23,818,182 equity shares of face value of Rs 10 each for cash at a premium of Rs 45 a share, aggregating to Rs 1.310 billion.

The company also declared that it will build up an additional plant at Khopoli, near Mumbai. It will make use of funds yielded from its ''Follow on Public Offer'' of 23,818,182 equity shares for this purpose.

Zenith Birla (India) Limited is a Multifunctional
Organisation having a turnover of US$.100 million per year, manufacturing a
wide range of products like Steel Pipes, Dyestuff Inter-Mediates, Synthe tic
Textile Yarns and Steel Cutting Tools.


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magnet

Active Member
#5
SOrry for raising this topic

i hold some shares of this company...This share got reciprocated in my demat account on 5th july and 7th july was its record date for dividend..

I have receive dividends of companies whose dividend were after 7th july as late as of 16th-17th july but not of this.

Is their any way i can find out whether i was appropriate to get it...because i bouht at 27 and at record date share started to trade from 25 so its obvious i should get the same..

What should i do now?
 

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