Tuesday, April 20, 2010

Demerger in Kalyani Steel, Kirloskar Oil & Enkei Alloy.

The record date of these 3 companies have corporate action on 21st & 22nd April. All companies are demerging their Investment in different company. All the stocks have move up before record date leaving no room for abnormal returns hence none of the looks impressive to bet for demerger story.

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