Ranbaxy Laboratories

Rec. RBI Approval

Posted by : mehtabrijesh

Please note that RBI approval has been received and we are currently in the process of calculating interest and managing logistics for payments etc. We expect to dispatch the payment cheques by Tuesday (October 14, 2008) evening.

Return of Money by Karvy

Posted by : suresh_esg

It is not possible to return the shares and buy from the open market. In order to complete the take over, they must buy 20% from the investors thru open offer. At this stage, they have no other go except paying Rs736 a share even if the market price is a lot more cheap!!.. So nothing to worry. It is a matter of time before they pay money. In any case, you would get interest for the delayed payments!!

running past 300 mark today . . . . ?

Posted by : hardybull

. . . . can`t see why not . . . looks ready to sprint past bak to 345+ levels to begin with if ya ask me!! Inshallah! :-)

Tomorrow`s PROJECTIONS for this STOCK

Posted by : DUstocks

As per the latest Speed of Trend (SOT) analysis, RANBAXY, is not trending at enough Speed. Wait for the scrip to take a trend.

SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :

R3 R2 R1 P S1 S2 S3
345.18 314.81 296.98 266.61 248.78 218.41 200.58

NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :

R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65

Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.

Return of Money by Karvy

Posted by : 2news

Same here , they hv kept up to 46% of shares and hv not paid us a dime.what about direct deposit has any one got the money, i hv heard that they hv to pay us along with intrest or is it possible for them to return the shares and buy it in open market noe that the price has droped

Return of Money by Karvy

Posted by : g10now

good news is that they are returning the money. better news is that it is by ECS. Best news is that it is happening by the weekend.
Icing on the cake is that they are paying interest for the delay.

Accumulate Ranbaxy - victim of MNC Cartel

Posted by : psgs

hi Sri,
why do u think only 25% bad news is out.
US economy is almost in soup. good news is near...jan 09 presidential elections.
US top companies and banks are filing bankruptcy.
Europe is weakening and sliding.
other markets dependent on exports to US and Europe are also crashing.
global crisis is fully discounted. whole world now knows the level and extent of global down-turn/recession.
what more do u expect as bad news 75% in the future.

i feel 75% of the bad news is out and also discounted world wide and now it will stabilise. it is just madness if the markets crash more than 5% more from current levels. if that happens the structure will be further badly damaged and we can see further cracks in our markets.

swamy.

Accumulate Ranbaxy - victim of MNC Cartel

Posted by : hardybull

. . . this one is ready to upmove . . . only foresighted nimble footed boarders could see $$ in the bank though!! :-)

Accumulate Ranbaxy - victim of MNC Cartel

Posted by : Sriman35

Answer for why do I think so is in your post. That is just the end of beginning.
==
US top companies and banks are filing bankruptcy.
Europe is weakening and sliding.
==

Global crisis is NOT fully discounted. May be because of the VERY VERY sharp correction, there will be technical rebound. In my opinion markets will bottom out between Mar09 to Jun09.

If it happens as you say, then it is good. Will be good for all.

Hoping for the best.

Regards,
Sri

Return of Money by Karvy

Posted by : g10now

good news is that they are returning the money. better news is that it is by ECS. Best news is that it is happening by the weekend.
Icing on the cake is that they are paying interest for the delay.

Promoters sold entire holding- public got in a fix

Posted by : takecount

What will happen to small investor in this country. Promoters` entire holding is purchased by Daichi but public`s only 50%. Where is investor protection in this country. What is SEBI law - in this case law is in favour of promoters & not public/ investor. Will SEBI change rules for future????