classic diamonds (india) Ltd (1 comments)

2010-01-09 14:02:16 Posted by Guest

Request advise about the Classic Diamonds India Ltd share as I intent to buy the same in bulk after hearing from some respectable personality. Fundamtenals seems to be very good.Regards

rumour (1 comments)

2010-01-08 01:01:10 Posted by Guest

Pune-based high net worth individual (HNI) Ashok Kumar Parmar Parmar, who own 13.97% stakes in Trend Electronics ,proposes to increase his stake

Mr Parmar mopped up about 13% of Trend Electronics and tried to increase it to 25% but without success in 2004.

During last many months Parmar had picked 10 % additionally through associates.

The renewed offer comes at a time when the company `s profit is growing quarter over quarter and price is held at around 30-35

The promoters videocon hold around 46%, Mr Parmar holds 13.97% and the remaining stake is with the public. Hence, if the open offer works out, Mr Parmar would gain 20% more and that would take his stake to around 43.97%(13.97 10 20). This would be quite comparable with the current promoters’ stake.