Watch these equities today * Apollo Tyres (APTY): Cut to sell from buy at UBS. * Axis Bank (AXSB), Bank of Baroda (BOB), Canara Bank (CBK), ICICI Bank (ICICIBC), Punjab National Bank (NPNB), State Bank of India (SBIN): Among 10 Indian lenders whose currency-rating outlook raised to stable from negative at Fitch Ratings. * Blue Blends (BLB): Founder offers for sell 660,000 shrs at floor price 14.50 rupees apiece today. * Blue Star (BLSTR): Strike ends at Wada factory. * CESC (CESC), Crisil (CRISIL): Formed golden cross pattern in past week. * Coal India (COAL): In talks to buy two Australian cos for ~ $4b: Economic Times. * Cummins India (KKC), Satyam Computer (SCS), Tech Mahindra (TECHM), Titan Industries (TTAN), Wockhardt (WPL): Formed death cross in past week. * Divine Multimedia (DMIL): CEO resigns. * Emami Paper Mills (EPML): Approves issue of preference shrs of as much as 1.2b rupees. * Hindustan Copper (HCP): India seen selling stakes: WSJ. * Indian Oil (IOCL): Increased petrol price by 2 rupees/litre. * Infosys (INFO): Gets 1-yr $49.5m contract to develop health benefit exchange from Washington, D.C.; says refocusing to get large outsourcing deals, recovery will take at least 36 mos., may be painful: chairman. * Jet Airways (JETIN): India defers approval for Etihad’s investment in Jet Airways. * Kelvin Fincap (KEFL): To split each stk into 2. * Lanco Infratech (LANCI), Moser Baer (MBI): Among winners of licenses to build solar power in Punjab state. * Mahindra (MM): To Buy 13.5% Cie Automotive stake for 96.2m euros, or 6 euros/shr. * NTPC (NTPC): Signs rupee term loan of 4.9b rupees. * Rural Electrification (RECL): Seeks RBI approval to borrow $1b overseas. * Steel Authority (SAIL): Seeks iron ore mine in Karnataka: PTI. * Selan Exploration (SXT) RBI says purchase of shrs by non- resident Indians reaches trigger, can be bought subject to approval. * Shipping Corporation (SCI): Says B. K. Mandal, finance director, to also hold post of chairman, MD through June or until further orders. * Solitaire Machine (SLMT): Wins orders valued at 50m rupees. * Sterlite (STLT): Planning to re-open smelter June 16: Reuters. * Tamilnadu Jaibharat Mills (TNJB): Board meets July 3 , 2013 to consider conversion of founders’ loans. * Tata Motors (TTMT): Group global wholesales at 81,783 in May. * Tech Mahindra (TECHM): Names Milind Kulkarni as CFO, Manoj Bhat as deputy. * United Spirits (UNSP): Morgan Stanley Asia sells 2.45m shrs at 2,312.50 rupees; Bank of Nova Scotia bought the same number of shrs at same price: BSE. * Zee Entertainment (Z): Approves issue of 21 free preferential shrs for each 1 held. GEOJIT
Posted on: Mon, 17 Jun 2013 03:53:38 +0000
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