Stocks in news: Indo Tech, RIL, Sun Pharma, DLF, Kingfisher
Indo Tech Tansformer | Reliance Industries | GTL Infrastructure | Sun Pharma | DLF | Kingfisher and TCS are stocks, which are in the news today.
December 21, 2012 / 10:05 IST
Here are stocks that are in news today:
Adani Enterprises offer for sale (OFS)
-To commence today (CMP Rs 271.25)
-Floor price set at Rs 282/share
-Promoters to sell 2.3 crore shares (2.1 percent equity) via OFS Eros International OFS: (CMP Rs 208)
-OFS oversubscribed 4.4 times;
-Promoters raised Rs 52.14 crore
-Indicative price for issue was Rs 202.62Etihad executives meet Kingfisher Airlines officials; talks still inconclusive: sources
Sources say
-Kingfisher Airlines presented interim revival plan to Etihad
-Etihad seeks more clarity on Kingfisher Airlines' revival plan
-Etihad not yet convinced by Kingfisher Airlines' interim revival
-Kingfisher Airlines seeks to renew licence, DGCA wants to see revival plan first: BS TCS CEO says
-Aim to scale up presence in China, Latin America and Europe
-Budgets looking good; winning transformation deals in Europe
-BFSI vertical is 'beginning to pick up momentum'
-Seeing 'lot of opportunities' in retail, consumer products & pharmaTata Communications CEO
-To focus on cost reduction and cost rebalancing across portfolio
-Fastest growth will be in enterprise business
-Company's strategy to create secondary or shadow home markets in EMsAlso ReadMarket watch: Cues that will decide Nifty's direction today
Bull's eye: Buy NCC, MCX, Canara Bank, short Karnataka BankDLF
-Launches luxury housing project in Gurgaon with sales realisation of Rs 900 crore
-To develop 674 apartments in 13-acre project 'Sky Court'
-Have received more than 700 applications for 'Sky Court' projectSesa Goa-Acquires remaining 49% stake in Western Cluster, Liberia
-Western Cluster, Liberia stake acquired for USD 33.5 millionSEBI revokes earlier order barring 6 entities for share price drop
Alert
-Companies Include Parsvnath, Tulip Telecom and Pipavav Defence-Matter relates to 20-26% plunge in companies' shares on July 26
Caraco Pharma announces successful tender offer to acquire Dusa Pharma
-Acquires 82.4% shares of Dusa Pharma for USD 8/share at expiry of tender offer
-Caraco Pharma is Sun Pharma subsidiary Other stocks and sectors that are in news today:
-Indo Tech Tansformer delisting indicative exit price Rs 120/share (CMP Rs 169.4), offer opens of January 23, closes January 30, promoters hold 74.3 percent stake
-IFCI allots 52.3 crore shares to government at Rs 10 upon conversion of Rs 523 crore OCD’s held by GOI
-Reliance Industries set to get nod for voice test on 4G network: ET
-Ex Split: M&B Switchgears (Rs 10 to Re 1)
-GTL Infra allots 1.58 million shares on conversion of FCCBs Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
