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HomeNewsBusinessStocksStocks in news: Neyveli, Maruti, West Coast, Videocon

Stocks in news: Neyveli, Maruti, West Coast, Videocon

Neyveli Lignite | MMTC | Maruti Suzuki | JSPL | Exide Industries | West Coast Paper | Videocon Industries | ICICI Bank | IFCI | Rajshree Sugars and Dalmia Sugar are stocks, which are in the news today.

September 06, 2012 / 09:10 IST

Here are stocks that are in news today:

Finance Ministry sources say (Divestment plans)
-Cabinet Committee on Economic Affairs (CCEA) to take up MMTC, Neyveli Lignite (NLC) sale shortly
-CCEA to consider 9.33% divestment in MMTC
-CCEA to consider 5% divestment in NLC
-MMTC, NLC may be on CCEA agenda next week
-Finance Ministry keen, but oil ministry may have questions on timing
-RINL, NLC issues likely in September
-SAIL, Oil India issues likely in December
-MMTC issue likely by October
-BHEL, Hindustan Copper to divest by November

Oil Ministry sources say
-To move cabinet note on diesel, LPG price hike soon
-Decision on oil marketing companies (OMCs) compensation for H1FY13 may be delayed
-Finance Ministry may not decide compensation before December 2012
-Steep hike needed in absence of finance ministry compensation
-OMCs net loss in Q2 to be large without centre's support
-Want petrol hike to coincide with diesel, LPG price hike
-Cabinet note to discuss giving up LPG subsidy voluntarily

Maruti Suzuki says (COO – S Maitra)
-Hopes company's Manesar facility to start full by month-end
-To produce about 700 cars/day from Manesar shortly (Currently around 580 cars)

Stocks ex-dividend
-BHEL: Rs 3.68/share
-Maharashtra Seamless: Rs 6/share
-BEML: Rs 5/share
-Titagarh Wagons: Rs 8/share

Other stocks and sectors that are in news today:
-Government says 5 of 25 cancelled blocks re-allotted to Coal India (CIL), JSPL
-Ravi Uppal to steer JSPL from October 1: BS
-Exide Industries wins 15-year trademark spat against global battery giant Exide Technologies
-US-based International Paper eyes West Coast Paper, deal seen around Rs 800-1200 crore: ET
-Videocon may sell 10% stake in Mozambique basin for USD 3 billion: Reports
-ICICI Bank plans to repatriate part of capital from its UK arm: BS
-Reliance Infrastructure announces exit from the Worli-Haji Ali sea link project: BS
-Divi's Labs denies stake sale buzz: BS
-Govt’s proposed acquisition of Institutional lenders of IFCI will need multiple regulatory approvals: BS
-Rajshree Sugar board meets today to consider pref issue to promoters (CMP Rs 58)
-Fulford India open offer at Rs 830/share starts from September 14
-Ex-Right today: Bajaj Finserv, 1:10 ratio
-Dalmia Sugar: Promoters to buy 55 lakh shares at maximum Rs 19.5/share, to trigger open offer

first published: Sep 6, 2012 08:02 am

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