Stocks in news: Monnet Ispat, KS Oils, SpiceJet, GVK Power

Published on Fri, Aug 26, 2011 at 08:05 |  Source : CNBC-TV18

Updated at Fri, Aug 26, 2011 at 09:32  

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Stocks in news: Monnet Ispat, KS Oils, SpiceJet, GVK Power

Here are stocks that are in news today:

TD Power Systems IPO closes today (price band Rs 256-261/share)
QIB's: 2.05 times (x)
NII's: 0.12x
RII's: 0.03x
Overall: 0.88x

SRS IPO closes today (price band Rs 58-65/sh)
QIB's: 0.62x
NII's: 2.62x
RII's: 0.10x
Overall: 0.74x

Other stocks and sectors that are in news today:
-Listing today: Tree House , issue price at Rs 135 a share (no grey market premium)
-12 new F&O inclusion: Spicejet, Arvind, JSW Energy, BF Utilities, Gitanjali Gems, Jubilant Foodworks, VIP Industries, Delta Corp,  South Indian Bank, TTK Prestige, Dhanlaxmi Bank, Gujarat Flurochemicals
-F&O exclusion: GTL Infra from today
-Introduction of F&O: S&P 500, Dow Jones Industrial Average w.e.f August 29
-F&O ban: ABG Shipyard, Gitanjali Gems
- GVK Power to buy Hancock's two coal mines for USD 2.2 billion; company to pay USD 900 million to develop logistics infra to transport the coal as part of the deal (ET)
- SpiceJet to launch operations to Tier 2 & Tier 3 cities on September 21 with 10-30% lower fares than Jet Airways & Kingfisher (ET)
- Amtek Auto board approves buyback at a price not exceeding Rs 200/sh ((CMP: 138.50))
- KS Oils promoters in talks with Ruchi Soya & Global players like Archer Daniels Midland & Cargill to sell its 35% stake (FE) (83.4% promoter stake is pledged)
- Infosys bags USD 29 million mobile banking deal from ANZ Australia (FE)
-Blackstone Group acquires 7.12% stake in Monnet Ispat & Energy for around Rs 230 crore (have been acquiring from open market)
-Mahindra forays into Indian defence space, to roll out infantry combat vehicles with a USD 12 billion order to supply 2600 vehicles (BS)
- Power Grid to launch a 1200 Kv ultra high voltage test station with an investment of around Rs 800 crore (BS)

  

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