Wockhardt, Punj Lloyd likely to see some action today
September 30, 2009 by admin
Filed under Stocks to Watch
PSU exploration company Oil India (OIL) is set to open its innings on the bourses today. The company’s initial public offer (IPO) was subscribed 31 times with a good response from institutional investors. The issue price has been fixed at Rs 1,050 per share and the size of the issue is 2.65 crore shares.
India Cements, Lupin likely to see some action today
September 29, 2009 by admin
Filed under Stocks to Watch
Cement maker, India Cements is looking to develop two thermal power plants of 50 MW capacity each at a cost of Rs 500 crore.
Tantia Constructions, Sical Logistics likely to see some action today
September 25, 2009 by admin
Filed under Stocks to Watch
Infrastructure construction major Tantia Constructions has bagged an order worth Rs 51.40 crore from the Meghalaya government. The order relates to a drinking water supply project in the state.
Bajaj Auto, Tata Communications likely to see some action today
September 24, 2009 by admin
Filed under Stocks to Watch
Pune-based two- and three-wheeler major Bajaj Auto unveiled a cargo three-wheeler – RE 600 – priced at Rs 1,03,686 (ex-showroom Pune). The cargo carrier offers a mileage of 5 km per litre of diesel, reported to be the best in the segment, and payloads up to 600 kg.
Ratnamani Metals, DCB likely to see some action today
September 23, 2009 by admin
Filed under Stocks to Watch
Ratnamani Metals & Tubes, engaged in the manufacture of carbon steel and stainless steel pipes, has bagged orders worth Rs 152 crore from state-owned gas transmission and distribution giant GAIL India. The orders relate to gas transmission and distribution projects, as per the company’s filing with the BSE.
Parsvnath Developers, Merck likely to see some action today
September 22, 2009 by admin
Filed under Stocks to Watch
Parsvnath Developers said it has launched Parsvnath City in Saharanpur.
Pharmaceutical major Merck is planning to come up with 13 innovator drugs in the coming 24-36 months in India. The company, which has eight products in India, aspires to garner about 4% market share and emerge as one of the top five companies in the Indian domestic retail market by 2015. The company said that most of the products that it intends to launch would be in the cardiovascular segment and vaccines.
Hero Honda Motors, HCL Technologies and BHEL likely to see some action today
September 18, 2009 by admin
Filed under Stocks to Watch
Leading two-wheeler giant Hero Honda Motors has resolved the dispute regarding payment of land premium for 94 acres of vacant land at Haridwar. The company has made a payment of Rs 32.5 crore to the State Infrastructure and Industrial Development Corporation of Uttarakhand (Sidcul) to retain its hold over the vacant land, according to a media report.
PI Drugs, Electrosteel Castings likely to see some action today
September 16, 2009 by admin
Filed under Stocks to Watch
PI Drugs & Pharmaceuticals has received the Bombay High Court (HC) approval for the scheme of amalgamation of Sequent Scientific with itself. In January this year, the shareholders of the company had approved the scheme for merger of both entities.
Bartronics, Areva T&D likely to see some action today
September 15, 2009 by admin
Filed under Stocks to Watch
Bartronics India has announced that Bartronics Asia, a wholly-owned subsidiary of the company, has bagged the prestigious Radio Frequency Identification (RFID) tracking project from Avitar — a Singapore-based group with global operations.
Oracle Financial, PowerGrid likely to see some action today
September 14, 2009 by admin
Filed under Stocks to Watch
Oracle Financial Services Software, a majority owned subsidiary of world’s largest business software company – Oracle Corporation – has unveiled Oracle Flexcube Universal Banking to help banks increase operational efficiency, enhance customer experience and reduce costs.