HomeNewsBusinessStocksStocks in news: MMTC, Cox & Kings, UTV, Ambuja, StanChart

Stocks in news: MMTC, Cox & Kings, UTV, Ambuja, StanChart

MMTC | Oil India | Madhucon Projects | Cox & Kings | Bajaj Auto | UTV | GAIL | Ambuja Cements | Standard Chartered IDR and Maruti Suzuki are stocks, which are in the news today.

June 07, 2011 / 08:44 IST
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Here are stocks that are in news today:

Maruti - RC Bhargava says
-Will not compromise on long term solution for Maruti; if it means strike for more days
-So far no solution reached with those on strike
-Ballpark loss at about Rs 40 crore on Monday StanChart IDR trading activity ((Hedge funds sell out, some long only funds buy, stock should have only fallen 10% to come in line with UK price but fell 20% upfront and some long only funds bought))
-ICICI Pru MF buys 30 lakh shares at Rs 97/sh
-Swiss Fin Corp Mauritius sells 1.08 crore shares ((Represents P note))
-Credit Suisse Singapore sells 55.50 lakh shares at Rs 95.50/sh ((P note))
-Deutsche Sec Mauritius sells 13 lakh shares at Rs 96.32/sh ((P-note)) Other stocks and sectors that are in news today:
-Govt plans to change the terms of fuel supply agreement by decreasing the proportion of coal supply assured for power plants from 90% to 50% (DNA)
-In T2T from June 10: Cambridge Solutions, House of Pearls, Sabero Organics, Shalimar Paints, Store One, Vimta Labs
-Network 18 board approves 1.8 crore secured optionally fully convertible debentures on pref basis to promoters
-Ambuja Cements buys 85% in Dang cement Ind for Rs 19 crore
-BoA ML
first published: Jun 7, 2011 08:41 am

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