Stocks in news: Orbit Corp, Punj Lloyd, AIA Engg

Stocks in news: 

• Results today:
  AIA Engineering, Orbit Corporation and Shasun Chemicals
• Cabinet meet today on fuel price hike
• New listing:
  Anu’s Labs; issue price Rs 210
  Gokul Refoils; issue price Rs 195
• RBI
  Okays Oil Cos To Invest Over 400% Of Net Worth In Overseas JVs
  Allows Refiners To Hedge Crude Imports On Foreign Bourses: NW18
• Stephen Cohen, DE Shaw In Agreement To Manage Combined Stake in Orient, to jointly own 13.1% stake; Indian Hotels & Dubai Holding Own 10% Each In Orient
• Punj Lloyd Buys 74% In UK's Technodyne International
• Board meets:
  AIA Engineering to consider stock split
• Govt may ask for petrol duty ceiling at 20%, diesel at 15% - ET
• Steel cos insisting on 30-40% increase in contract prices for auto cos for coming quarter - ET
• Essar Oil may get only 25% stake in Kenya Petroleum Refinery vs deal to get 50%, local govt wants to retain majority stake - ET
• Bankers selling exotic derivatives products may be insured against lawsuits from cos incurring losses - ET
• BSNL may offer shares in IPO only to govt employees, first such case in India - ET
• Gulu Mirchandani to buy brother Sonu Mirchandani’s 33% stake in Guviso Holdings - ET
• Modis may sell their 40% stake in Spice Comm to Idea before merger; Telecom Malaysia may get stake in Idea post merger - ET
• L&T outbids BHEL for 1600 MW Andhra Pradesh power project - ET
• EIL Q4
  Net Sales at Rs 242.8 cr Vs Rs 162.7 cr
  Net Profit at Rs 56.7cr Vs Rs 42.5 cr