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  • TO INCREASE CORUS CAPACITY USE TO 100% BY MARCH NEXT YEAR
  • CORUS UNIT RAN AT 80% CAPACITY IN OCTOBER
  • CUTS RATING ON SEMICONDUCTOR STOCKS TO 'CAUTIOUS' VS 'ATTRACTIVE'
  • TURNAROUND IN GLOBAL ECONOMY MAY SIGNAL REVIVAL FOR TANKER MARKET
  • SHIPPING MARKET TO POST A TURNAROUND SOMETIME IN 2011
  • OCT FLAT PRODUCT OUTPUT AT 296,000 TONS VS 248,000 TONS (YOY)
  • OCT CRUDE STEEL OUTPUT AT 453,000 TONS VS 338,000 TONS (YOY)
  • TO RAISE METAL PRICES BY RS.1000/TN
  • CUT FLAT PRODUCT PRICES BY RS.750-1500/TONNE THIS MONTH
  • PRICES TO STABILISE AT CURRENT LEVELS; SAIL OCT SALES UP 30% (YOY)
  • HAVE SHIFTED FOCUS FROM DEFENSIVES TO RATE SENSITIVE SECTORS
  • SEE NIFTY TOUCHING 5200 LEVELS IN SHORT TERM
  • TURNAROUND IN GLOBAL ECONOMY MAY SIGNAL A REVIVAL FOR TANKER MARKET
  • NEW SC PANEL TO BE CONSTITUTED, HEARING TO START FROM NOV 5
  • JUSTICE RAVEENDRAN RECUSES HIMSELF FROM RIL RNRL CASE
  • UTTAR PRADESH TEMPORARILY BANS IMPORTS OF RAW SUGAR : AGENCIES
  • UTTAR PRADESH TEMPORARILY BANS IMPORTS OF RAW SUGAR : AGENCIES
  • BULLISH ON DEFENSIVE SECTORS INCLUDING IT, FMCG AND AUTO
  • RIL TRADING AT 15-18X PE LOOKS COSTLY; SEE SCOPE FOR MORE CORRECTION
  • REAL ESTATE AND TELECOM STOCKS LIKELY TO BREAK THEIR MARCH LOWS
  • SENSEX MAY SLIP TO 13000 LEVELS IN NEAR TERM; SEE MORE DOWNSIDE ON MARKETS
  • SHIPPING MARKET LIKELY TO POST A TURNAROUND SOMETIME IN 2011
  • IVRCL BAGS ORDERS WORTH RS. 1145.88 CR FOR TUNNEL CONSTRUCTION
  • JP ASSOCIATES: OCT DISPATCH UP 41% AT 8,15,542 TONNES (YOY)
  • INDIAN MARKET CORRECTION PRESENTS AN EXCELLENT BUYING OPPORTUNITY
  • UNDERWEIGHT ON REAL ESTATE SECTOR; COS TRADING AT 20-30% HIGHER THAN NPV
  • RECENT STRENGTH IN GOLD LARGELY ON ACCOUNT OF RBI'S PURCHASE FROM IMF
  • GOLD TO ACT AS A HEDGE AGAINST ANY ADVERSE MOVEMENT IN EQUITY MARKETS
  • U.S. RECESSION PROBABLY OVER; RISING UNEMPLOYMENT STILL A CONCERN FOR U.S.
  • UPGRADES TO BUY; RECENT STOCK CORRECTION IMPROVES RISK-REWARD
Updated: 30/06/2009 | 12:00 AM IST
Finance
Modern Shares & Stockbrokers recommends final dividend
Capital Market
Tuesday, June 30, 2009 (New Delhi)
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The board of Modern Shares & Stockbrokers has recommended final dividend at the rate of Re 0.5 per share (5%).

This was recommended at the board meeting held on 29 June 2009.

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