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Sunday, December 12, 2010

Free Daily and Weekly Stock Market Prediction and Forecast for December 2010 : 13th December 2010 to 17th December 2010

Free Daily and Weekly Stock Market Prediction and Forecast for December 2010 : 13th December 2010 to 17th December 2010
Planetary position during December 2010
Sun will transit from Scorpio sign, Sun will enter in Sagittarius sign on 17th December 2010.
Mercury will transit from Sagittarius sign.
Venus will transit from Libra sign.
Moon will transit from Aquarius, Pisces and Aries.
Mars will transit from Sagittarius sign.
Rahu will transit from Sagittarius.
Jupiter will transit from Pisces sign.
Saturn will transit in Virgo.
Ketu will transit in Gemini.

Stock Market Prediction for 13th December 2010


Transiting Moon will be passing through Aquarius Zodiac sign. Transiting Moon will be in applying aspect from Transiting Ketu, which indicates Market would be volatile up to 11.00. It may notice upward trend. Market trend may change after 11.15. Market may go up between 11.38 and 12.07. Market may gradually go up. Market would go up during last trading session.






Stock Market Prediction for 14th December 2010


Transiting Moon will be passing through Pisces Zodiac sign. Transiting Moon will be in applying aspect from Transiting Ketu, which indicates Market would look good during first trading session. Market may go up between 9.20 and 9.42. Market trend may change after 14.00. Market may gradually go down. Market would go down during last trading session.






Stock Market Prediction for 15th December 2010


Transiting Moon will be passing through Pisces Zodiac sign. Transiting Moon will be in applying aspect from Transiting Saturn, which indicates Market would gradually go in green signal. Some profit booking would be seen, however, Market may try to go up between 13.05 and 13.30. Market would go up during last trading session.






MOIL Limited (Manganese Ore India Limited) IPO

Incorporate in 1896, MOIL Limited (Manganese Ore India Limited) is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel.

MOIL Limited is the largest producer of manganese ore by volume in India. MOIL operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi) to produce more then 1,093,363 tonnes of manganese ore.

In addition to high, medium and low grade manganese ore, company produces manganese dioxide and chemical grade manganese ore. The major competitive strengths of the company are:

1. Largest producer of manganese ore in India with access to significant reserves;
2. Well positioned to capture the growth potential of the Indian steel industry;
3. Track record of growth and efficient operations;
4. Strategic location of the mines and
5. Strong capabilities for exploration, mine planning and research development.

Company Promoters:
The promoters of the company is the President of India, acting through the MoS, Government of India (GoI).

Present paid-up Equity Share capital of GoI - 81.6%
Post-Offer paid-up Equity Share capital of GoI - 71.6

Objects of the Issue:
The objects of the Offer are:
1. To carry out the disinvestment of 33,600,000 Equity Shares by the Selling Shareholders and
2. To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Issue Detail:

» Issue Open: Nov 26, 2010 - Dec 01, 2010
» Issue Type: 100% Book Built Issue IPO
» Issue Size: 33,600,000 Equity Shares of Rs. 10
» Issue Size: Rs. 1,260.00 Crore
» Face Value: Rs. 10 Per Equity Share
» Issue Price: Rs. 340 - Rs. 375 Per Equity Share
» Market Lot: 17 Shares
» Minimum Order Quantity: 17 Shares
» Listing At: BSE, NSE

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Listing Date: Wednesday, December 15, 2010
BSE Scrip Code: 533286
NSE Symbol: MOIL
Listing In: 'B' Group of Securities
Sector:
ISIN: INE490G01020
Issue Price: Rs. 375.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

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