Hi, you can wait untill the 31st July 09 and get Dividend @ Rs.1.70 per share and there is a right issue- further issue of equity shares of Rs 2/- each at a premium of Rs 30 per share in the ratio of one share for every three shares held by the existing shareholders of the Company. Overall lubricants and explosives business is doing well and they are also developing land in bangalore
I have studied the results ,they are gfood & expected to do well .If you see the other income its 229 million thats good but on what account is the question .& what about the rights issue ,anything for us ? I dont see any annoncement.Can you guide please
friend i dont see any rights issue annoncement but the way the share is going up it seems the promoters are buying into it & the devolopment of the real state maybe another reason .I also have 250 at very high rates & hope it does well .