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Stocks in news: JSW Energy, SKS, Kingfisher, Tata Invest

IDFC | JSW Energy | Cairn | SKS Microfinance | Sujana Towers | Kingfisher | Tata Investments | Bosch and Mahindra Satyam are stocks, which are in the news today.

June 01, 2011 / 10:02 IST

Here are stocks that are in news today:

Indian ADRs: Mah Satyam up 6%, Patni up 5.5%

Brokers reactions on Punj Lloyd
-Macquarie retains underperform with target of Rs 50, says too early to cheer
-Nomura says will review upwards the price target of Rs 44
-Citi retains sell, advises exit on rally, target set at Rs 60 from Rs 68
-UBS retains sell, target Rs 63
-Goldman Sachs retains sell, says nothing to get excited about

Other stocks and sectors that are in news today:
-Auto stocks in focus on May sales data
-Bosch to consider a special dividend
-F&O ban:
Deccan Chronicle
-Tata Sons ups stake in Tata Investments to 68.26% versus 65.21% via warrants conversion
-PSU Oil companies to cut ATF prices by about 4% effective midnight
-SKS Microfinance plans to charge a processing fee of 1% of the loan amount on all microloans offered across India
-Sujana Towers board has approved the resolution to convert 2.7 crore convertible warrants into 2.7 crore in equity shares at a premium of Rs 10/sh
-Airlines to face penalties on the failure to pay the development fees to GMR infra with Kingfisher owing a development fee of Rs 105 crore (ET)
-Coal India has rejected Adani group

first published: Jun 1, 2011 08:38 am

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