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TODAY'S HOT STOCK PICK (12-JULY-2010)

ACKRUTI CITY LTD.
   
   
Scrip ID     :     ACKRUTI           
Group / Index     :     A / BSE500          
Face value     :     10.00
Scrip Code     :     532799          
Industry     :     Realty
 
RECOMMENDATION: BUY
(FOR BUY_TODAY/SELL_TOMORROW (BTST) OR SHORT-TERM INVESTING OR LONG-TERM INVESTING; NOT FOR DAY-TRADING)


 

DATESTOCK NAMELTPTARGET1TARGET 2
12-JULY-2010ACKRUTI CITY LTD.Rs. 484.15Rs.  490.00Rs.  500.00




TODAY'S PERFORMANCE
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PRICE MOVEMENT FOR THE LAST ONE YEAR
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INDEX COMPARISON
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NEWS : Akruti City Limited    
 includes Ackruti Gardenia, Ackruti Greenwoods and Ackruti Countrywoods. The Company is developing commercial and residential project at Saiwadi, Andheri (East) in joint venture with DLF Limited.


Akruti City Limited Plans To Raise INR2.5 Billion Immediately-Reuters
Wednesday, 7 Apr 2010 04:34am EDT
Reuters reported that Akruti City Limited is looking for immediate funding of INR2.5 billion, in addition to the INR10 billion in funding tied up in December. This would be for the three to four new projects the Company is planning to launch.

Akruti City Limited Eyes INR200 Crore From BKC Office Complex Sale-Business Standard
Wednesday, 23 Sep 2009 11:06am EDT
Business Standard reported that Akruti City Limited is looking to raise around INR200 crore from sale or lease of its 10 storey office complex at a commercial area in the heart of the city. The Company wants to sell or lease the Ackruti Gold building in Bandra-Kurla Complex (BKC), which offers 68,000 sq ft of office space in addition to ample parking area. 

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