Wockhardt, Punj Lloyd likely to see some action today

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.

Pharma major, Wockhardt has announced that it has received tentative approval from the United States Food & Drug Administration (US FDA) for marketing the 0.4mg capsules of Tamsulosin Hydrochloride.

Punj Lloyd has announced that it has won an order worth Rs 275.80 crore from Indian Oil Petronas.The order is for design, detailed engineering, supply, construction / installation, testing and commissioning of Propane / Butane / Liquefied Petroleum Gas (LPG) import terminal at Ennore, Tamil Nadu on EPCC (Engineering, Procurement, Construction and Commissioning) basis.

World’s second largest producer of nylon 6 tyre cord fabrics and belting fabrics, SRF has commissioned polyester industrial yarn facility at its Gummidipoondi plant in Tamil Nadu.

Real estate developer Marg has announced that its shareholders have given their green signal to mop up fresh funds.

Omaxe said it intends to launch four new projects by November this year. The company plans to develop 2,000 units in these projects that would be at Faridabad, Indore, Allahabad and Chandigarh.