FREE STOCKS ALERT: 08.08.2012

[rupeedesk]

FREE STOCKS ALERT: 08.08.2012

* ABG INFRALOGISTICS: Gets Tuticorin port container terminal project.* AUROBINDO PHARMA: The US Food and Drug Administration may inspect its Unit VI facility located near Hyderabad in September.

* BOMBAY DYEING: Has posted Apr-Jun net loss of 275 mln rupees and net sales of 4.76 bln rupees.

* BRIGADE ENTERPRISES: Has posted Apr-Jun net profit at 143.84 mln rupees and net sales at 1.16 bln rupees.

* CAN FIN HOMES: Has posted Apr-Jun net profit of 114.9 mln rupees and net sales at 838.4 mln rupees.

* COAL INDIA : The board has agreed to raise the penalty level in its fuel supply agreements to 1.5-40.0% from flat 0.01% currently. Also, it has given an in-principle nod for pooling prices of imported and domestic coal.

* DR REDDY'S LABORATORIES: Has launched generic montelukast sodium tablets in 10 mg strength and montelukast sodium chewable tablets in 4 mg and 5 mg strengths in the US .

* EIH: Plans to set up a luxury hotel in Mumbai under the Trident brand at a property owned by RELIANCE INDUSTRIES.

* INFOSYS: Has launched software solution for cloud service providers.

* JAIPRAKASH ASSOCIATES: Ireland-based CRH is in talks to buy stake in the company's arm Jaypee Cement Corp's Gujarat operations.

* KINGFISHER AIRLINES: Promoter Vijay Mallya has said he will recapitalise the airline, irrespective of whether foreign direct investment in civil aviation is allowed or not.

* KMF BUILDERS: To raise up to 140 mln rupees via rights issue.

* LARSEN & TOUBRO: Is focusing on road and rail projects in India and overseas to maintain growth as power generation projects have stalled in India .

* MOIL: Has posted Apr-Jun net profit of 994.1 mln rupees as against 1.09 bln rupees a year ago.

* POWER GRID CORP: Has approved two projects worth 1.54 bln rupees.

* PUNJ LLOYD: Has posted a consolidated net loss of 133.7 mln rupees for Apr-Jun against a 122.5-mln-rupee loss a year ago.

* RAMA NEWSPRINT: To raise up to 300 mln rupees via preference shares.

* SOBHA DEVELOPERS: Has posted Apr-Jun net profit of 450 mln rupees as against 260 mln rupees a year ago. 

* TATA CHEMICALS: Plans 3.5-bln-rupee capital expenditure in India operations for the current financial year.

* TATA STEEL: Has commenced feasibility study on two Canadian iron-ore mines, with estimated 5.6 bln tn reserves, for possibly buying a stake in them to feed its European operations.

* TULIP TELECOM: Has tied up 4 bln rupees via debt and internal accruals for foreign currency convertible bonds repayment.

By RUPEE DESK

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