INDIAN INDUSTRY UPDATES ON 4TH MARCH,2013


Adani Agro offer for sale subscribed 68%


The offer for sale by Adani Agro, promoters of Adani Enterprises, was subscribed 68.24 per cent till noon on Monday. The promoter received bids for 58 lakh shares as against an offer of 85 lakh shares for auction. Though it fixed a floor price of Rs 220 a share, the indicative price at which maximum shares were bid was Rs 222.28. The stock is currently ruling at Rs 208.85.

The promoters of Adani Enterprises held a 77.87 per cent stake in the company as of December 31, 2012, and they have to reduce it to 75 per cent before June in line with regulatory norms.

In December last year, Adani Agro diluted 2.3 crore shares at an indicative price of about Rs 284.
Wheat futures testing lower support level

The Daily Fixture/Index List of 4th March, 2013


FIXTURES - 4/MAR/2013

The Daily Fixture/Index List of 4th March, 2013


Baltic Exchange Daily Fixture/Index List 04/03/2013


BDI 789 (UP 13) BCI 1239 (DOWN 4) BPI 1058 (UP 22)

BSI 801 (UP 20) BHSI 454 (UP 7)

Last published BDTI 700 (UP 3) BCTI 694 (UP 1)


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legs 1st via Casablanca/US Gulf with phosrock redel Skaw-Cape Passero
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