DAILY STOCKS REPORT: 04.07.2012<http://incomedesk.blogspot.in/2012/07/daily-stocks-report-04072012.html> STOCKS ALERT (04.07.2012)
* ASHOK LEYLAND: Sold 10,244 vehicles in June, 28% higher than in the previous year. * BALLARPUR INDUSTRIES: Plans to transfer its copier paper units to arm BILT Graphic Paper Products and transfer the arm's pulp-making unit to the company. * BERGER PAINTS: Looking for acquisitions in domestic as well as overseas markets. * CAIRN INDIA: Life Insurance Corp of India has raised its stake in the company to 5.03% from 4.99%. * CIPLA: Appoints Teva Pharmaceutical's former Vice President Frank Pieters to head European respiratory drugs business. * COAL INDIA: Production in Apr-Jun stood at 102.46 mln tn, up 6.4% from 96.31 mln tn year ago. * EDUCOMP SOLUTIONS: 750 employees, or 5% of its workforce, put in their papers; company says it has not sacked workers. * GUJARAT PIPAVAV PORT: To sell shares to institutional investors to raise around $37 mln to fund expansion plans. * GVK POWER: Korea Electric Power Corp is in talks for acquiring stake in the company's power generation business. * HERO MOTOCORP: Has launched 125cc Ignitor motorcycle at a starting price of 55,900 rupees, ex-Delhi. * JET AIRWAYS: Senior Vice President (finance) M Shivkumar and Company Secretary Monica Chopra quit. * KEC INTERNATIONAL: Has started commercial production of high-tension power cables of up to 33 kV at its Vadodara facility in Gujarat . * MARG: SEBI probing the company for violation of takeover norms. * MULTI COMMODITY EXCHANGE: Dubai Gold & Commodity Exchange, in which the company and FINANCIAL TECHNOLOGIES hold 45% stake, to soon start Sensex derivatives. * NMDC: Does not plan to quit joint venture International Coal Ventures. Eyes coal mine acquisitions in India and abroad. * ONMOBILE GLOBAL: Kotak Mahindra Prime and two related entities have sold 3.03% stake in the company, bringing their stake down to 2.87%. * RELIANCE INFRASTRUCTURE: Plans capex of 17.43 bln rupees in FY13-FY16 for its power generation and transmission businesses in suburban Mumbai. * SIRPUR PAPER MILLS: Has submitted a proposal to its lenders restructuring its debt. * STEEL STRIPS WHEELS: Net sales in Apr-Jun rose 12.3% on year to 2.54 bln rupees. It sold 769,000 wheel rims in June down from 858,000 year ago. * TECH MAHINDRA: Company and UK 's Serco eyeing the business process outsourcing unit of Hutchison Global Services. * VOLTAS : Beats Koran major LG with higher market share of 18.3% in May in the air-conditioner market. By RUPEE DESK [email protected] -- You received this message because you are subscribed to the Google Groups "Kences1- Rupeedesk" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/kences1?hl=en.
