Stocks in news: Mangalore Chem, Karnataka Bank, L&T, STC
Mangalore Chemicals | Karnataka Bank | Apollo Tyres | L&T | Pioneer Distilleries | Kalindee Rail | Mahindra Lifespaces | STC | ITDC and HT Media are stocks, which are in the news today.
July 11, 2013 / 09:16 IST
Here are stocks that are in news today:
Bajaj Auto union says
-Union from Waluj has expressed support for strike
-Met union at Waluj plant 2 days ago
Alert: Bajaj Auto moved part production of Pulsar to Waluj post strike Hindustan Media Ventures - Offer for sale (OFS) – CMP Rs 127.50
-Floor price for OFS set at Rs 120/share
-To divest 19.39 lakh shares in Hindustan Media Ventures
Alert: HT Media holds 76.94 percent stake in Hindustan Media Ventures Cabinet Committee on Economic Affairs (CCEA) likely to consider STC, ITDC stake sale proposal today – PTI
-Department of Divestment (DoD) sought cabinet nod to offload 5 percent stake in ITDC and 1.02 percent in STC
-Government currently holds 92.11% stake in ITDC and 91.02% stake in STC
-Govt is required to bring down its stake in these two companies to 90 percent by August 8 Sources on Neyveli Lignite (NLC) divest: PTI
-Finance ministry to seek SEBI waiver for Tamil Nadu (TN) PSUs in NLC divestment
-Finance ministry to ask SEBI to give preference to TN PSUs in picking up stakeMahindra Lifespaces puts up its Marquee Asset, Great Eastern Mill property for sale: Sources
-Lodha, Sunteck Realty, Peninsula Land and Sheth Developers race to buy Mahindra project
-Market expects deal to be sealed at around Rs 500 croreKalindee Rail (CMP at Rs 61/share)
-Board meet today to consider raising fund via preferential issue
-Jupiter Metal to buy 37.2 lakh shares of company at Rs 65/share via open offer Ex-Dividend
-Karur Vysya Bank – Rs 14/share
-Swaraj Engine – Rs 20/share
-Thermax - Rs 7/sharePioneer Distilleries (CMP Rs 61.95)
-United Spirits (USL) holds 81.58 percent stake
-Diageo to make an open offer for remaining 18.42 percent stake at Rs 64.02/shareOther stocks and sectors that are in news today:
-Mangalore Chemicals and Fertilizers (CMP at Rs 61.7/share, closed 10 percent higher): Zuari Agro buys 41.4 lakh shares i.e. 3.5 percent stake at Rs 61/share
-Karnataka Bank (CMP Rs 113): BNP Paribas Arbitrage buys 15 lakh shares i.e. 0.8 percent stake at Rs 113.63/share
-Apollo Tyres (CMP Rs 63/sh): Morgan Stanley Asia buys 27 lakh shares i.e. 0.5 percent stake at Rs 63.4/share
-L&T goes ex-bonus today in ratio of 1:2 – CMP at Rs 1413/share SC on coal block:
-Coal probe report shows CBI struggling for documents from GOI
-Probe report shows no system in place for coal block award
-Coal probe report shows blocks given without state recommendations
-Lack of transparency in allocation of coal blocks 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!
