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Friday, May 28, 2010

Amtek Auto buys into Amtek India; to make open offer

Amtek Auto Ltd on Friday said it bought 26.25 percent stake in group firm Amtek India Ltd through several block deals on the Bombay Stock Exchange at an average price of 64.83 rupees a share.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Apr 11
11:30 Index of Services (3M/3M) 1 0.6% 0.5% 0.4%
11:30 Industrial Production (YoY) 1 0.1% -2.3% -0.5% Revised from -1.5%
11:30 Industrial Production (MoM) 2 1.5% 0.0% -0.5% Revised from -0.9%
11:30 Manufacturing Production (YoY) 1 0.3% -2.4% -0.9% Revised from -1.5%
11:30 Manufacturing Production (MoM) 2 2.2% 0.2% -1.0% Revised from -1.1%
n/a NIESR GDP Estimate (3M) 1 0.4%
18:00 Producer Price Index (MoM) 2 0.2% 0.0%
18:00 Producer Price Index ex Food & Energy (MoM) 2 0.3% -0.1%
18:00 Producer Price Index ex Food & Energy (YoY) 3 3.6% 3.4%
18:00 Producer Price Index (YoY) 2 3.3% 3.2%
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