Merrill Lynch buys 27.50 lakh shares of Indiabulls Ventures

profit streetOn May 12, 2017 Merrill Lynch Markets Singapore Pte bought 27,50,000 shares of Indiabulls Ventures at Rs 149.99 on the BSE.On Friday, Indiabulls Ventures ended at Rs 142.35, down Re 1, or 0.70 percent on the BSE. It has touched a 52-week high of Rs 150.50.

The company’s trailing 12-month (TTM) EPS was at Rs 1.20 per share. (Mar, 2017). The stock’s price-to-earnings (P/E) ratio was 118.63. The latest book value of the company is Rs 5.65 per share.

At current value, the price-to-book value of the company was 25.19. The dividend yield of the company was 2.1 percent.
Contact us: - +91-9913158794
Or visit:- http://www.profitstreet.in/

Mail us at:-  info@profitstreet.in

Comments

Post a Comment

Popular posts from this blog

Kotak Mahindra to raise Rs 5,363 crore equity capital

Image
Kotak Mahindra bank said on Thursday its board has authorized the proposal to lift fairness capital of sixty two million shares, with a face worth of Rs 5 each, or Rs 5,363 crore ($819 million) as on Thursday’s closing price of Rs 865. The u . s .’s fourth-largest personal sector lender seems to have dropped the most important hint about its presence in the shopping market, with Thursday’s transfer strengthening speculation of an impending takeover. Kotak shouldn't be new to acquisitions; it paid $2.4 billion for ING Vysya in 2015 – billed as the Indian banking sector’s largest deal yet. In a submitting to exchanges, the financial institution said, “the purpose of raising fairness capital can be to augment Kotak’s capital base to pursue consolidation alternatives within the Indian banking device and monetary products and services space.” Or it's going to use the funds to capitalise on alternatives available in acquisition and backbone of stressed out property in t
Read more

It's not Goods and Services Tax, it's Good and Simple Tax: PM Modi tells nation

Goods and Services Tax (GST) was implemented at midnight in the ceremony at the Parliament Central Hall, New Delhi. As the country's biggest tax reform, Goods and Services tax (GST) was implemented at midnight, the ceremony at the Parliament Central Hall saw Prime Minister Narendra Modi delivering an elaborate speech, ushering in the "one-tax-one-nation" regime from July 1. Here are 10 key highlights of Narendra Modi's GST speech: #  Referring to the Central Parliament hall as a "pious", Modi said that the nation will collectively usher the GST in the Parliament Hall. #  He said that the GST is a unique example of India's "cooperative federalism", implemented by the "collective efforts of all." #  He assured that the GST will keep the interests of the poor as paramount, making it not just an economic reform but also a social reform. It will benefit the poor as GST exempts traders with turnover less than Rs. 20 lakh and ha
Read more

Majority of states have very few stock market investors

Image
Stock market movements make headlines every day. How many people invest in stock markets in India? Which state has most stock market investors in India? Mint has analyzed statistics from the Bombay Stock Exchange (BSE) to answer some of these questions. The BSE data used unique client codes to identify the number of stock market investors in each state and union territory. It identified 3.23 crore registered stock market investors in total. All investor accounts are linked to a demat account, though there maybe duplication, for example with one demat account connected to investor accounts with more than one brokerage. A total of 98.7% of these had clear state/union-territory wise data. It was not defined for 4.29 lakh investors. This works out to less than 7% of India’s 48.18 crore-strong workforce. The exchange updates the data daily. The analysis used numbers from 20 February 2017. Maharashtra alone accounts for more than one-fifth of India’s stock market investors. Gujar
Read more