STOCKS TO WATCH
* Tech Mahindra Ltd , Biocon Ltd and Sasken Communication Technologies Ltd after the
National Stock Exchange allowed derivatives trading in them and 11 other companies from Sept. 6
* State-run oil refiners India Oil Corp , Hindustan Petroleum Corp and Bharat Petroleum Corp
after the Indian government approved preferential placement of shares of Oil India Ltd to these firms.
* Essar Oil Ltd on its plans to raise up to $750 million by way of issue of convertible bonds, Global Depositary Receipts, American Depositary Receipts and other instruments overseas.
* Real estate firm Vipul Ltd , after its board approved splitting each share into five shares.
* Motorbike maker TVS Motor Co , after it rolled out seven new vehicles.
* Paramount Communications Ltd , after the Economic Times newspaper reported that the cable maker is acquiring UK-based AEI Cables for about 2.6 billion rupees. Company officials could not be immediately reached for comment.
August 30
STOCKS ON THE MOVE
* Debutant Puravankara Projects Ltd opened at 394 rupees, 1.5 percent lower than its issue price of 400 rupees. The shares later dropped and were trading at 371 rupees at 0552 GMT.
* Bharat Heavy Electricals Ltd was up 0.9 percent at 1,867.15 rupees after it won a $484 million contract for supply and installation of power equipment to a project in southern India.
* Karuturi Networks was up 5 percent at 196.20 rupees, after the Economic Times newspaper reported the firm has acquired Dutch floriculture firm Sher Agencies in a deal worth $69 million to become the world's largest rose producer.
TOP THREE BY VOLUME
* Ispat Industries on 10.3 million shares
* Andhra Cements on 6.91 million shares
* Tata Tele Services (Maharashtra) Ltd on 6.86 million shares
August 29
STOCKS THAT MOVED
* Rice processor Rei Agro Ltd leapt 17.5 percent to 319.10 rupees, having touched a record of 324.50 during trade, after its board approved spinning off the retail business in the ratio of 9 shares in the new firm for every 20 held.
* Abbott India Ltd ended up 8.6 percent at 571.30 rupees after the drug maker said its board would meet on Sept. 5 to consider a buyback at up to 650 rupees a share.
* Back-office firm Firstsource Solutions Ltd gained 10 percent to 79.40 rupees after it acquired U.S.-based MedAssist Inc for $330 million.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 32.5 million shares
* Nagarjuna Fertiliser & Chemicals Ltd on 14.8 million shares
* UCO Bank Ltd on 8.8 million shares
STOCKS ON THE MOVE
* Shares in sugar firms such as Bajaj Hindustan , Balrampur Chini Mills and Oudh Sugar were up
between 3.8 percent and 5.7 percent on newspaper reports a group of ministers had recommended mandatory blending of 10 percent ethanol with petrol to deal with the massive oversupply of sugar.
* India Foils Ltd rose by its maximum daily limit of 5 percent to 10.60 rupees on a newspaper report that Ess Dee Aluminium Ltd was in the final stages of negotiations to acquire it. A senior Ess Dee official confirmed the talks.
* Back-office firm Firstsource Solutions Ltd was up 7.6 percent at 77.75 rupees after it acquired U.S.-based MedAssist Inc for $330 million.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 12.6 million shares
* Nagarjuna Fertiliser & Chemicals Ltd on 6.6 million shares
* IFCI Ltd on 3.4 million shares
August 28
STOCKS TO WATCH
* Nagarjuna Construction Co Ltd , after its board approved raising $150 million through a preferential issue of shares and warrants to private equity firm Blackstone.
* Elder Pharmaceuticals Ltd , after it acquired 51 percent stake in Bulgaria's Biomeda group for $6.82 million in an all-cash deal.
* U.S. listed companies like ICICI Bank Ltd , Wipro Ltd , Infosys Technologies Ltd
and Mahanagar Telephone Nigam Ltd , after their American Depositary Receipts fell 3.2-4.7 percent on Tuesday.
* Pritish Nandy Communications Ltd , after the Economic Times newspaper reported the film producing firm has bagged $100 million franchisee to remake blockbuster hindi movie 'Sholay' (flames) from Sholay Media and Entertainment. Company officials could not be immediately reached for comment.
* Ess Dee Aluminium Ltd , after the same newspaper reported the firm was in the final round of negotiations with London-based Vedanta group to acquire India Foils Ltd . Officials at both companies could not be reached for comment.
August 28
STOCKS THAT MOVED
* Shares in Exide Industries Ltd rose 6.7 percent to 60.15 rupees after it announced a 1-for-15 rights share issue. The company said it would issue 50 million shares at 30 rupees each to raise 1.5 billion rupees.
* Nicholas Piramal India Ltd ended 4.3 percent higher at 258.55 rupees after the drug maker said its board would meet on Aug 31 to consider hiving off its novel drug research unit into a separate entity.
* Textiles firm KPR Mill Ltd ended at 173.50 rupees on debut, down almost 23 percent from its issue price of 225 rupees.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 34.5 million shares
* Mascon Global Ltd on 8.4 million shares
* IFCI Ltd on 7.8 million shares
August 28
STOCKS ON THE MOVE
* Nicholas Piramal India Ltd rose 5.4 percent to 261.30 rupees after the drug maker said its board would meet on Aug. 31 to consider hiving off its novel drug research unit as a separate entity.
* Textiles firm KPR Mill Ltd listed at 201.20 rupees, a 10.6 percent discount to the issue price of 225 rupees. Later it slipped and was trading at 187 rupees.
* Federal-Mogul Goetze (India) Ltd was up 4.4 percent at 166 rupees after it priced its 7.33-million-share rights issue at 145 rupees each, raising 1.06 billion rupees.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 1.8 million shares
* KPR Mills on 1.6 million shares
* SEL Manufacturing Co Ltd on 1.5 million shares
August 28
STOCKS TO WATCH
* KPR Mill Ltd , which makes its market debut. The shares were issued at 225 rupees in an initial public offer.
* Drug maker Nicholas Piramal India Ltd , which said its board would meet on Aug. 31 to consider hiving off its novel drug research into a separate entity. [ID:nBOM186135].
* Allcargo Global Logistics Ltd , after its board approved raising up to 4 billion rupees in equity or debt.
* Federal-Mogul Goetze (India) Ltd , after it priced its 7.33-million-share rights issue at 145 rupees each, raising 1.06 billion rupees.
* Commercial vehicle maker Swaraj Mazda Ltd after its board approved a rights share issue to raise up to 1.2 billion rupees.
August 27
STOCKS THAT MOVED
* Shares in Larsen & Toubro Ltd ended up 3.8 percent at 2,535.55 rupees after India's largest construction and engineering firm got shareholder approval on Friday to raise $700 million which it will use to expand operations.
* NTPC Ltd rose 2.5 percent to 167.95 rupees after a newspaper reported that India plans to sell 4.75 percent of the government's holding in the state-run firm.
* Software services firm TAKE Solutions Ltd made its debut on the BSE at 901 rupees, a 23.4 percent premium to the initial public offer. It ended the day at 926.50 rupees.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 14.5 million shares.
* IFCI Ltd on 7.7 million shares
* Reliance Natural Resources Ltd. on 4 million shares.
August 27
STOCKS TO WATCH
* TAKE Solutions Ltd as it makes its stock market debut. The company had priced its initial public
offer at 730 rupees a share.
* ICICI Bank Ltd , after Reserve Bank of India allowed foreign funds to buy shares in the country's
second-largest lender as their holding dropped below a 74 percent limit.
* Pharma packaging maker Ess Dee Aluminium Ltd , after a company official said it was in talks to acquire a packaging firm in India and another in Europe to expand capacity.
* Shaving products maker Gillette India Ltd , after its April-June net profit jumped from a year ago.
* Advani Hotel & Resorts India Ltd , after its board approved splitting each of its shares into five.
* Copper producer Sterlite Industries Ltd , after copper prices rose more than 2 percent on Monday following sharp gains in late London trade on Friday.
August 24
STOCKS ON THE MOVE
* HCL Infosystems Ltd rose 4.2 percent to 171.30 rupees after the desktop and server maker received a 5-billion-rupee order from state-run telecom firm Bharat Sanchar
Nigam Ltd.
* Areva T&D India Ltd was up 1.3 percent at 1,430 rupees after the power equipment firm received a
630-million-rupee order from Essar Steel Ltd .
* Mercator Lines Ltd gained 3.5 percent to 53.75 rupees after its Singapore subsidiary planned to raise $150 million there through an initial public offering.
MAIN TOP 3 BY VOLUME
* Nagarjuna Fertilizers and Chemicals Ltd. on 4.8 million shares.
* SEL Manufacturing Co Ltd on 3.7 million shares.
* Tata Teleservices (Maharashtra) Ltd. on 3.14 million shares.
* Tech Mahindra Ltd , Biocon Ltd and Sasken Communication Technologies Ltd after the
National Stock Exchange allowed derivatives trading in them and 11 other companies from Sept. 6
* State-run oil refiners India Oil Corp , Hindustan Petroleum Corp and Bharat Petroleum Corp
after the Indian government approved preferential placement of shares of Oil India Ltd to these firms.
* Essar Oil Ltd on its plans to raise up to $750 million by way of issue of convertible bonds, Global Depositary Receipts, American Depositary Receipts and other instruments overseas.
* Real estate firm Vipul Ltd , after its board approved splitting each share into five shares.
* Motorbike maker TVS Motor Co , after it rolled out seven new vehicles.
* Paramount Communications Ltd , after the Economic Times newspaper reported that the cable maker is acquiring UK-based AEI Cables for about 2.6 billion rupees. Company officials could not be immediately reached for comment.
August 30
STOCKS ON THE MOVE
* Debutant Puravankara Projects Ltd opened at 394 rupees, 1.5 percent lower than its issue price of 400 rupees. The shares later dropped and were trading at 371 rupees at 0552 GMT.
* Bharat Heavy Electricals Ltd was up 0.9 percent at 1,867.15 rupees after it won a $484 million contract for supply and installation of power equipment to a project in southern India.
* Karuturi Networks was up 5 percent at 196.20 rupees, after the Economic Times newspaper reported the firm has acquired Dutch floriculture firm Sher Agencies in a deal worth $69 million to become the world's largest rose producer.
TOP THREE BY VOLUME
* Ispat Industries on 10.3 million shares
* Andhra Cements on 6.91 million shares
* Tata Tele Services (Maharashtra) Ltd on 6.86 million shares
August 29
STOCKS THAT MOVED
* Rice processor Rei Agro Ltd leapt 17.5 percent to 319.10 rupees, having touched a record of 324.50 during trade, after its board approved spinning off the retail business in the ratio of 9 shares in the new firm for every 20 held.
* Abbott India Ltd ended up 8.6 percent at 571.30 rupees after the drug maker said its board would meet on Sept. 5 to consider a buyback at up to 650 rupees a share.
* Back-office firm Firstsource Solutions Ltd gained 10 percent to 79.40 rupees after it acquired U.S.-based MedAssist Inc for $330 million.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 32.5 million shares
* Nagarjuna Fertiliser & Chemicals Ltd on 14.8 million shares
* UCO Bank Ltd on 8.8 million shares
STOCKS ON THE MOVE
* Shares in sugar firms such as Bajaj Hindustan , Balrampur Chini Mills and Oudh Sugar were up
between 3.8 percent and 5.7 percent on newspaper reports a group of ministers had recommended mandatory blending of 10 percent ethanol with petrol to deal with the massive oversupply of sugar.
* India Foils Ltd rose by its maximum daily limit of 5 percent to 10.60 rupees on a newspaper report that Ess Dee Aluminium Ltd was in the final stages of negotiations to acquire it. A senior Ess Dee official confirmed the talks.
* Back-office firm Firstsource Solutions Ltd was up 7.6 percent at 77.75 rupees after it acquired U.S.-based MedAssist Inc for $330 million.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 12.6 million shares
* Nagarjuna Fertiliser & Chemicals Ltd on 6.6 million shares
* IFCI Ltd on 3.4 million shares
August 28
STOCKS TO WATCH
* Nagarjuna Construction Co Ltd , after its board approved raising $150 million through a preferential issue of shares and warrants to private equity firm Blackstone.
* Elder Pharmaceuticals Ltd , after it acquired 51 percent stake in Bulgaria's Biomeda group for $6.82 million in an all-cash deal.
* U.S. listed companies like ICICI Bank Ltd , Wipro Ltd , Infosys Technologies Ltd
and Mahanagar Telephone Nigam Ltd , after their American Depositary Receipts fell 3.2-4.7 percent on Tuesday.
* Pritish Nandy Communications Ltd , after the Economic Times newspaper reported the film producing firm has bagged $100 million franchisee to remake blockbuster hindi movie 'Sholay' (flames) from Sholay Media and Entertainment. Company officials could not be immediately reached for comment.
* Ess Dee Aluminium Ltd , after the same newspaper reported the firm was in the final round of negotiations with London-based Vedanta group to acquire India Foils Ltd . Officials at both companies could not be reached for comment.
August 28
STOCKS THAT MOVED
* Shares in Exide Industries Ltd rose 6.7 percent to 60.15 rupees after it announced a 1-for-15 rights share issue. The company said it would issue 50 million shares at 30 rupees each to raise 1.5 billion rupees.
* Nicholas Piramal India Ltd ended 4.3 percent higher at 258.55 rupees after the drug maker said its board would meet on Aug 31 to consider hiving off its novel drug research unit into a separate entity.
* Textiles firm KPR Mill Ltd ended at 173.50 rupees on debut, down almost 23 percent from its issue price of 225 rupees.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 34.5 million shares
* Mascon Global Ltd on 8.4 million shares
* IFCI Ltd on 7.8 million shares
August 28
STOCKS ON THE MOVE
* Nicholas Piramal India Ltd rose 5.4 percent to 261.30 rupees after the drug maker said its board would meet on Aug. 31 to consider hiving off its novel drug research unit as a separate entity.
* Textiles firm KPR Mill Ltd listed at 201.20 rupees, a 10.6 percent discount to the issue price of 225 rupees. Later it slipped and was trading at 187 rupees.
* Federal-Mogul Goetze (India) Ltd was up 4.4 percent at 166 rupees after it priced its 7.33-million-share rights issue at 145 rupees each, raising 1.06 billion rupees.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 1.8 million shares
* KPR Mills on 1.6 million shares
* SEL Manufacturing Co Ltd on 1.5 million shares
August 28
STOCKS TO WATCH
* KPR Mill Ltd , which makes its market debut. The shares were issued at 225 rupees in an initial public offer.
* Drug maker Nicholas Piramal India Ltd , which said its board would meet on Aug. 31 to consider hiving off its novel drug research into a separate entity. [ID:nBOM186135].
* Allcargo Global Logistics Ltd , after its board approved raising up to 4 billion rupees in equity or debt.
* Federal-Mogul Goetze (India) Ltd , after it priced its 7.33-million-share rights issue at 145 rupees each, raising 1.06 billion rupees.
* Commercial vehicle maker Swaraj Mazda Ltd after its board approved a rights share issue to raise up to 1.2 billion rupees.
August 27
STOCKS THAT MOVED
* Shares in Larsen & Toubro Ltd ended up 3.8 percent at 2,535.55 rupees after India's largest construction and engineering firm got shareholder approval on Friday to raise $700 million which it will use to expand operations.
* NTPC Ltd rose 2.5 percent to 167.95 rupees after a newspaper reported that India plans to sell 4.75 percent of the government's holding in the state-run firm.
* Software services firm TAKE Solutions Ltd made its debut on the BSE at 901 rupees, a 23.4 percent premium to the initial public offer. It ended the day at 926.50 rupees.
MAIN TOP 3 BY VOLUME
* Tata Teleservices Maharashtra Ltd on 14.5 million shares.
* IFCI Ltd on 7.7 million shares
* Reliance Natural Resources Ltd. on 4 million shares.
August 27
STOCKS TO WATCH
* TAKE Solutions Ltd as it makes its stock market debut. The company had priced its initial public
offer at 730 rupees a share.
* ICICI Bank Ltd , after Reserve Bank of India allowed foreign funds to buy shares in the country's
second-largest lender as their holding dropped below a 74 percent limit.
* Pharma packaging maker Ess Dee Aluminium Ltd , after a company official said it was in talks to acquire a packaging firm in India and another in Europe to expand capacity.
* Shaving products maker Gillette India Ltd , after its April-June net profit jumped from a year ago.
* Advani Hotel & Resorts India Ltd , after its board approved splitting each of its shares into five.
* Copper producer Sterlite Industries Ltd , after copper prices rose more than 2 percent on Monday following sharp gains in late London trade on Friday.
August 24
STOCKS ON THE MOVE
* HCL Infosystems Ltd rose 4.2 percent to 171.30 rupees after the desktop and server maker received a 5-billion-rupee order from state-run telecom firm Bharat Sanchar
Nigam Ltd.
* Areva T&D India Ltd was up 1.3 percent at 1,430 rupees after the power equipment firm received a
630-million-rupee order from Essar Steel Ltd .
* Mercator Lines Ltd gained 3.5 percent to 53.75 rupees after its Singapore subsidiary planned to raise $150 million there through an initial public offering.
MAIN TOP 3 BY VOLUME
* Nagarjuna Fertilizers and Chemicals Ltd. on 4.8 million shares.
* SEL Manufacturing Co Ltd on 3.7 million shares.
* Tata Teleservices (Maharashtra) Ltd. on 3.14 million shares.
Comments