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Stocks in news: Ennore Foundries, Power Grid, JP Associates

Published on Fri, Mar 14 at 09:30 , Updated at Fri, Mar 14 at 09:54
Source : moneycontrol.com

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Stocks in news:

  • Index changes: DLF, Power Grid to replace GSK Pharma & Bajaj Auto in the Nifty
  • Index changes: JP Associates to replace Bajaj Auto in the Sensex
  • Bajaj Auto
    To be renamed Bajaj Holdings & Investment from today
    New F&O contracts to be introduced today; futures lot size 250 shares, options strike prices between Rs 20-2700
    Goes ex-demerger (goes into ND period; out on Mar 24)
    Auto stock to re-list later ((Technically Bajaj Auto is delisting and Holdings arm is listing))
  • Blackstone, Primus eye 10% stake in Ennore Foundries for $ 80-100m - ET
  • Unitech, DLF defer REITs listing - BS
  • Essar Shipping may buy 5 ships for $ 550 m - BS
  • SBI mandated to raise $ 3bn for Tata Motors - FE
  • Indian Hotels rights issue opens today
  • Star-Balaji relationship is under severe strain, serious differences over delay in launching regional channels - Mint (Star own 25.9% stake in Balaji) 
    Gammon Infra IPO subscribed 3.47 times ((issue closed yesterday))
  • Sita Shree Food Products IPO closes today; subscribed 0.36 times till now
  • Jindal Stainless board approves:
    Setting up wholly owned subsidiary for infrastructure and utility services; to invest up to of Rs 500 cr in co in 2-3 years
    Setting up wholly owned subsidiary in Singapore for acquisition of mineral resources globally; to invest up to $100 m in co in 2-3 years
  • Ex-dividend: Crisil (Rs 25/sh), Gujarat Gas (3/sh), Videocon Industries (Rs 3.50/sh), Andhra Bank (Rs 2/sh),
  • Ex-split: Emco from Rs 10 to Rs 2 ((goes into ND period; out on Mar 24))
  • Ex-event: Southern Iron & Steel ((goes into ND period; out on Mar 24))(amalgamation with JSW Steel)

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