Free Daily Stocks Report : 21.Jun.2012
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Jun 21, 2012, 6:19:11 AM6/21/12
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Free Daily Stocks Report : 21.Jun.2012
* ADVIK LAB: Omkam Pharmaceuticals has made an open offer to acquire 2.4 mln shares, or 26% stake in Advik Laboratories at 5 rupees a share.
* AKZO NOBEL INDIA : Offer to buyback 1.3 mln shares at 920 rupees each will open on Jul 2 and end on Jul 13.
* ALLCARGO LOGISTICS: Board has approved buyback of shares for up to 142.50 rupees each from the open market for up to 750 mln rupees.
* COAL INDIA : Is likely to settle issues pertaining to penalty clause and three- year moratorium on fuel supply agreements with power companies by this week.
* GVK POWER & INFRASTRUCTURE: Has denied reports it is planning to sell its 10% stake in GVK Coal Developers ( Singapore ).
* KANSAI NEROLAC PAINTS: Will acquire 68% stake in Nepal Shalimar for 75.5 mln rupees.
* LLOYDS STEEL INDUSTRIES: UTTAM GALVA STEELS' promoter Miglani family plans to pick up more shares of LLOYDS STEEL to raise their stake to 51.99%.
* MAX INDIA : Has shelved plans to build a five-star hotel in Noida on fears of oversupply.
* MINDTREE: Walden Software Investments has sold 1.96 mln shares, or its entire 4.83% stake in the company through the open market.
* OIL AND NATURAL GAS CORP: Has not renewed the agreement with Hinduja Group for sourcing liquefied natural gas from West Asia .
* PRAJ INDUSTRIES: Promoter Pramod Chaudhari has bought 1.25 mln shares of the company from the open market for an undisclosed amount.
* SHASUN PHARMACEUTICALS: Plans to expand its presence in south India ; eyeing exports of branded drugs to Africa .
* SHOPPERS STOP: Reliance Capital Asset Management and Reliance Capital Trustee Company have bought 1.74 mln shares of the company for over 510 mln rupees through the open market.
* S KUMARS.COM: Yashaswini Leisure has bought 4.99% more shares of the company for 4.65 mln rupees in an off-market transaction, raising its stake to 7.27%.
* STATE BANK OF INDIA : To cut interest rates on loans for exporters by 25-50 basis points. Expects loan growth at 16% and deposit growth at 20% in 2012-13 (Apr-Mar).
* SUN TV NETWORK: Has lined up 2 bln rupees for capital expenditure in the current financial year; to spend 2.5-2.6 bln rupees to acquire movies for distribution.
* AKZO NOBEL INDIA : Offer to buyback 1.3 mln shares at 920 rupees each will open on Jul 2 and end on Jul 13.
* ALLCARGO LOGISTICS: Board has approved buyback of shares for up to 142.50 rupees each from the open market for up to 750 mln rupees.
* COAL INDIA : Is likely to settle issues pertaining to penalty clause and three- year moratorium on fuel supply agreements with power companies by this week.
* GVK POWER & INFRASTRUCTURE: Has denied reports it is planning to sell its 10% stake in GVK Coal Developers ( Singapore ).
* KANSAI NEROLAC PAINTS: Will acquire 68% stake in Nepal Shalimar for 75.5 mln rupees.
* LLOYDS STEEL INDUSTRIES: UTTAM GALVA STEELS' promoter Miglani family plans to pick up more shares of LLOYDS STEEL to raise their stake to 51.99%.
* MAX INDIA : Has shelved plans to build a five-star hotel in Noida on fears of oversupply.
* MINDTREE: Walden Software Investments has sold 1.96 mln shares, or its entire 4.83% stake in the company through the open market.
* OIL AND NATURAL GAS CORP: Has not renewed the agreement with Hinduja Group for sourcing liquefied natural gas from West Asia .
* PRAJ INDUSTRIES: Promoter Pramod Chaudhari has bought 1.25 mln shares of the company from the open market for an undisclosed amount.
* SHASUN PHARMACEUTICALS: Plans to expand its presence in south India ; eyeing exports of branded drugs to Africa .
* SHOPPERS STOP: Reliance Capital Asset Management and Reliance Capital Trustee Company have bought 1.74 mln shares of the company for over 510 mln rupees through the open market.
* S KUMARS.COM: Yashaswini Leisure has bought 4.99% more shares of the company for 4.65 mln rupees in an off-market transaction, raising its stake to 7.27%.
* STATE BANK OF INDIA : To cut interest rates on loans for exporters by 25-50 basis points. Expects loan growth at 16% and deposit growth at 20% in 2012-13 (Apr-Mar).
* SUN TV NETWORK: Has lined up 2 bln rupees for capital expenditure in the current financial year; to spend 2.5-2.6 bln rupees to acquire movies for distribution.
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