VICTORIS
Budget Express 2026

co-presented by

  • LIC
  • JIO BlackRock

ASSOCIATE SPONSORS

  • Sunteck
  • SBI
  • Emirates
  • Dezerv
Parallel Income Plan 2026
Parallel Income Plan 2026

Stocks in news: Punj Lloyd, SBBJ, BoB, CESC, NMDC

Punj Lloyd | SBBJ | Sesa Goa | Bank Of Baroda | Hindustan Zinc | OBC | Union Bank Of India | CESC | L&T | NMDC and M&M are stocks, which are in the news today.

March 07, 2011 / 09:22 IST

Here are stocks that are in news today:

Congress sources say:
-DMK withdraws ministers from centre
-DMK to give issue-based support to UPA govt

DMK says:
-Congress demand for 63 seats shows they don't want alliance
-Pulling out of centre as don't want to stay in cabinet

Portfolios in Jeopardy:
-DMK MP, Dayanidhi Maran is Textile Minister
-A Azaghiri is fertiliser minister
-D Napolean is MoS, Social Justice
-S Jagathrakshakan is MoS, Information & Broadcasting
CNBC-TV18 Alert: DMK has 18 seats in the Lok Sabha

Simbhaoli Sugar Q1
-Net sales at Rs 289.3 crore versus Rs 308.3 crore
-Loss of Rs 16.9 crore versus profit of Rs 43.7 crore

M&M

-Facing issues with its new 110 cc bike Stallio
-Stallio facing issues of faulty clutch & gear parts
-Looking to modify Stallio & relaunch
-Dealers halt bookings for 110 cc Stallio
-Facing delivery problems with Stallio
-Short supply of parts & components hitting supply
-Likely to push launch of 300 cc bike Mojo to Q3FY12
CNBC-TV18 alert:
-M&M launched Stallio in October 2010
-M&M has sold over 5,000 Stallios since October 2010
-M&M says have completely fixed issues from vendor to end product
Yet to resume full production

Dr Reddy's Labs CNBC-TV18 exclusive:
Dr Reddy's chairman Anji Reddy says:
-We target to sell USD 1billion branded generics in 3 years;
-We currently sell USD 430 million worth branded generics;
-I did an analysis on branded generics;
-Branded generics has lot of demand;
-We'll have major focus on branded generics.

Other stocks and sectors that are in news today:
-Punj Lloyd: Order backlog in Libya worth Rs 3589 crore, 16.77% of revised order backlog
-Sesa Goa to mull Goa HC order on Sesa Industries merger on March 12: NW18
-SBBJ board meet to decide on pricing of the Rights issue of Rs 800 crore
-Hindustan Zinc: Ex bonus 1:1 & Ex split 5:1
-India Infoline: Ex dividend at Rs 3 /share
-Videoconin F&O ban
-OBC hikes deposit rates in 2 tenures by 50 bps
-Bank Of Baroda board approves fund raising upto Rs 3280 crore via preferential allotment to GOI at Rs 902.14 (CMP 884)
-Union Bank Of India board approves fund raising upto Rs 1096 crore on preferential allotment to GOI at Rs 354.9 (CMP 327)
-Onmobile Global board meets on March 07 to consider bonus shares
-L&T to raise Rs 11,400 crore debt from SBI led consortium (ET)
-Coal price hike by Coal India to cost CESC an additional Rs 300 crore annually (BS)
-GMR Energy has raised around Rs 500 crore of debt from PFC to achieve financial closure of its power projects (BS)
-NMDC plans to invest Rs 3309 crore in expansion projects in 2011-12 (BS)
-Ashish Dhawan steps down from ChrysCapital
-Airfares may increase as airlines may be forced to raise the fuel surcharge (ET)

first published: Mar 7, 2011 08:55 am

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!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseParallel Income Plan 2026