Tuesday, 23 April 2013

STOCKS TO WATCH ON 23-04-13


 20 MICRONS: Will issue debentures to non-promoters.

ADITYA BIRLA NOVO: Offers to buy up to 24.9% of Peter England Fashions and
Retail post scheme of arrangement with FUTURE RETAIL for 175 rupees per share.

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 CAIRN INDIA: Reported a consolidated net profit of 25.64 bln rupees, while
its income from operations was 43.63 bln rupees.

 COAL INDIA: Nearly 100,000 workers of the company will retire in three to four
years, leading to a share of salary in cost to dip 35-40%.
.
 COUNTRY CLUB INDIA: Gets Hyderabad High Court approval to merge Amrutha
Estates with itself.

 DABUR INDIA: Has set up a new wholly-owned subsidiary, Dabur Consumer Care,
in Sri Lanka.
 GCV SERVICES: Has approved issue of shares on preferential basis.
. GITANJALI GEMS: Japanese jewellery marketing company Gems London Co, in which
Gitanjali holds 30%, has been merged with Tokyo-based Imacbc Co. )
.
 HERITAGE FOODS INDIA: Will set up 2-MW solar energy power plants for captive
consumption.

 JET AIRWAYS: Private equity firm Blackstone has held preliminary talks with
the company to buy stake in its frequent flier unit, JetPrivilege.

 JINDAL STEEL: Is likely to raise prices of steel by 500-1,000 rupees per tn
in May.
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 LANCO INFRATEL: Is cutting down its workforce by nearly 20%.
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 LLOYDS STEEL INDUSTRIES: To be renamed as Uttam Value Steels from Apr 29.

MARICO: Delhi High Court has dismissed a petition filed by the company against
Adani Wilmar over an alleged disparagement of its products through television
and print campaigns.

 RELIANCE COMMUNICATIONS: Saudi Arabian telecom company Mobily has signed a
pact to become the first customer on the network of Reliance Globalcom's Hawk
submarine cable system in the Mediterranean Sea.

 RELIANCE INDUSTRIES: May introduce flame-retardant and ultra violet-resistant
yarns.

RELIANCE INFRASTRUCTURE: Appellate Tribunal for Electricity has upheld the
adverse remarks made by Maharashtra Electricity Regulatory Commission against
the company with regards to its conduct as a licensee for Mumbai area.

 TATA STEEL: Plans to raise Singapore $250 mln in its first currency bond issue
in Apr-Mar to repay some of its foreign loans.     Company's Singapore-dollar bond issue may hit the market today.

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