Stocks likely to be in the limelight are: Adani Enterprises,Adani Power,Reliance Infrastructure,Reliance Power,JSW Steel,India Cements,Uttam Galva Steel,Tata Power Company,Tata Steel,Exide Industries,Amara Raja Batteries,GM Breweries,Bharat Forge,Talwalkars Better value Fitness,Maruti Suzuki India,Adani Ports and Special Economic Zone
Infosys | TCS | Bharat Forge | JK Tyres | GM Breweries | JMC Projects | Nestle | Gallantt Ispat | RPG Life Sciences | Cupid | Sandur Manganese | SH Kelkar and Era Infra Engineering are stocks, which are in the news today.
Sandeep Wagle, Founder & CEO of powermywealth.com recommends buying Havells India, SKS Microfinance, Kotak Mahindra Bank and BHEL and feels that Coal India is a conditional buy.
VK Sharma of HDFC Securities recommends buying Wipro 570, Hexaware Technologies 270 Call and Siemens 1100 Call.
"APTEL order now paves the way for Sasan Power to recover unpaid amount of nearly Rs 850 crore from procurers. Sasan will also be entitled to nearly Rs 200 crore of carrying cost as per power purchase agreement," says the company in its filing.
Sudarshan Sukhani of s2analytics.com is of the view that Amara Raja Batteries may outperform while SAIL can rally.
"The Board of Directors of the company... have given their in-principle approval to the company for an issue of non- convertible debentures for an aggregate amount not exceeding Rs 1,000 crore to be issued in one or more tranches," Reliance Power said in a filing to BSE today.
Rahul Mohindar of viratechindia.com recommends buying Motherson Sumi Systems and Torrent Power and advises selling Reliance Power.
Wipro | Adani Enterprises | Alphageo India | A2Z Infra | Alok Industries | Anuh Pharma | Reliance Capital | NCC | Thomas Cook | Sunflag Iron & Steel | Gulf Oil International | Cairn India | GVK Power and NTPC are stocks, which are in the news today.
Looking to exit the stalled Krishnapatnam UMPP, Reliance Power had earlier written to Andhra Pradesh government suggesting that it could be done on similar lines to that of Tilaiya UMPP, which was acquired by procurers from the firm.
Reliance Power submitted a proposal to the Andhra Pradesh government last month seeking to exit KUMPP as it could not take up the project originally sanctioned way back in 2007.
Ashwani Gujral of ashwanigujral.com recommends selling Jet Airways, DHFL, IGL and Arvind and advises buying Amara Raja Battreries.
Bharti Airtel | Infosys | ITC | L&T | Reliance Power | GVK Power | Reliance Infrastructure | IVRCL | Smartlink Network | Just Dial | Tata Power | Tata Steel and Neyveli Lignite are stocks, which are in the news today.
The company had approached the commission seeking higher tariff from the Sasan UMPP, saying imposition of excise duty, clean cess on coal and high rates of royalty amounted to change in law and it should be allowed to be passed on to consumers.
SP Tulsian of sptulsian.com is of the view that one may prefer Reliance Infra and Rcomm for long term.
Under the Northern Region System Strengthening Scheme, NRSS-XXXVI, the 400 kV link between Rishikesh and Koteshwar will improve reliability and power supply to Uttarakhand.
"Last date for submitting financial bids for Warora-Warangal project has been extended to February 9 as the qualified bidders sought more time to study the large-scale project," a source said. Power Grid Corp, Sterlite, Adani, Essel and Reliance Power Transmission have qualified to submit the financial bids.
Prakash Gaba of prakashgaba.com recommends going long in Hindustan Unilever and feels that one can short BHEL, Reliance Power and Biocon.
The investment for a UMPP of 4,000 MW has been revised from Rs 20,000 crore to about Rs 27,000 crore recently on the basis of rise in prices of coal and land.
Prakash Diwan of prakashdiwan.in is of the view that one can buy Power Grid.
Gaurav Ratnaparkhi of Sharekhan advises buying Apollo Tyres with a target of Rs 147.
Stocks likely to be in the news are: Reliance Industries, Aditya Birla Nuvo, Axis Bank, Zensar Technologies, BASF India, Reliance Power, Triveni Turbine.
Asian Paints | ONGC | HCL Technologies | Maruti Suzuki | Tata Steel | Oil India | Nalco | Pipavav Defence | HOEC | Bharat Bijlee | Tata Metaliks | Delta Corp | Mindtree and Rallis India are stocks, which are in the news today.
CNBC-TV18‘s Anshu Sharma reports that CERC has provided a mechanism to enable future pass-through on monthly basis, which provides annual compensation of over Rs 300 crore for 25 years PPA term.
Larsen and Toubro | Tata Steel | HDFC | Cipla | L&T Finance | Reliance Power | Electrosteel Steels | IIFL | DHFL | Technocraft Industries | GM Breweries | Videocon Industries | Titan Company and IDBI Bank are stocks, which are in the news today.