Ess Dee Aluminium to issue 1.41 million Equity shares :An extra-ordinary general meeting (EGM) of the members of Ess Dee Aluminium, will be held on Sep. 3, 2007 to offer, issue and allot up to 1.41 million equity shares of the company of Rs 10 each at a price of Rs 575 an equity share, by way of preferential allotment.
Out of the total 1.41 equity shares, 0.775 million shares will be allotted to Morgan Stanley India investment Fund and 0.635 million shares will be allotted to Morgan Stanley Growth Fund.
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Monday, 13 August , 2007, 16:24
The Sensex opened on a high note as strong global markets ignited a rally in blue chip stocks this morning. And then, there were some uncertain moments for the Sensex as participants turned a bit wary of holding on to their positions at higher but levels and the barometer very nearly slipped into the red as well in late morning trade.
However, thanks to sustained buying in auto, cement, FMCG, bank, oil and metal stocks right through the afternoon, the barometer ended the session on a buoyant note today. The sentiment was lifted by smart recovery in global markets following the US Federal Reserve pumping in $38 billion into the banking system to bale the market out of a credit crunch.
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