Stocks in news: Punj Lloyd, BEML, MSK Projects, Dr Reddys

Nifty BSE | NSE 30/05/12 Are Mutual Funds betting on Nifty?

Here are stocks that are in news today:

VC circle says
-Strides Arcolab eyes stake sale in Generic Pharma, PE funding
-Strides Arcolab to focus on specialty business

Dr Reddy's says
-To launch Alegra D12 and D24 in FY11
-Looking to launch Alegra D24 within 1-1.5 months
-CNBC-TV18 alert: DRL likely to clock in USD 200 million sales from Alegra D24 in 3 years
-Expect a second generic player for Alegra D12
-Expect limited competition opportunities for Fondaphrinux
-CNBC-TV18 ALERT: Fondaphrinux has sales of USD 200 million

Welspun Gujarat
-Welspun Gujarat board okays acquisition of MSK Projects
-Welspun Gujarat to buy 75% stake in MSK Projects at Rs 123/share
-MSK to issue 1.71 crore shares to Welspun at Rs 123/share
-MSK promoters to transfer 47.5 lakh shares to Welspun at Rs 130/share
CNBC-TV18 alert: CNBC-TV18 had reported earlier that Welspun was eyeing MSK

Other stocks and sectors that are in news today:
-Source says OVL, IOC, Oil India plan USD 2.2 billion investment in Venezuela Block: NW18
-BEML bags order worth Rs 632 crore
-CNBC-TV18 exclusive: Spice Group to bid for broadband wireless licence: sources
-Results today: Pfizer, Federal Moghul Goetze
-Polaris board meet today to consider business plan for FY11
-Jayaswals Neco board approves preferential issue of 1.42 crore shares (5.7% equity) to Reliance MF at Rs 33.80/share ((CMP: 37))
-Punj Lloyd gets USD 40 million order in UAE