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VIOLET ARCH SECURITIES
- Bharti Infratel lists at 9% discount to issue price: Brokerage views
Most brokerages are of the view that the long-term story of the co looks intact, but it faces near-term headwinds.
Increase in earnings of Bharti Infratel will happen only in FY14: Sanju Verma,VIOLET ARCH SecuritiesThere are a lot of negatives that one will have to grapple with. Our ecosystem itself is not very congenial to tower companies.
- BHEL tanks 6% on order book concerns, analysts turn cautious
Shares BHEL came under pressure and dropped over 6 per cent after it reported below-estimates net profit for the September quarter.
- Essel group further hikes stake in infra major IVRCL
With the fresh acquisition of 2.08% stake, announced today, the Essel group's equity overtakes 11.18% stake of promoters' led by Sudhir Red...
- IVRCL gains 2% as Essel group hikes stake
With the latest share purchase, Essel group's holding in IVRCL has exceeded that of the company's promoter holding as on December 31, 2011.
- Essel group raises stake in IVRCL to 12.27 per cent
Overtaking the promoter stake in IVRCL, Essel group has further increased holding in the infrastructure company by 2.08 per cent to 12.27 p...