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Monday, June 22, 2009

Stocks In News Today

RNRL (Reliance Natural Resources)-Files caveat in SC (Supreme Court) in gas pricing issue-Caveat filed to preclude any chance of ex-parte order
Tata Tea-Increases stake in Mount Everest Water to 40.11%-Acquires 4.12% stake in Mount Everest via open market in last 4 days
Emami-Board approves demerger of realty business-Board approves demerger of FMCG business of Zandu into company-Offers 14 shares in company for every share held in Zandu
SBI Says:-No IPO (initial public offering) plans for SBI Life or other subsidiaries-No immediate plan to go for rights issue-Not planning GDR/ADR or voting rights for overseas shareholdersSBI in talks with Gulf investors to set up PE fund
Neyveli Lignite FY09-Net profit at Rs 821.1 crore versus Rs 1,101.6 crore-Net sales at Rs 3,354.9 crore versus Rs 2,981.7 croreNeyveli Lignite gets in-principle nod to set up 50 MW wind energy plant in TN
ABG Shipyard 09 Standalone-Net sales at Rs 1,412.20 crore versus Rs 966.84 crore-Net profit at Rs 171.10 crore versus Rs 160.68 crore
DCB 09 Standalone-NII (net interest income) at Rs 197.25 crore versus Rs 186.11 crore-Net loss at Rs 88.10 crore versus net profit of Rs 38.33 crore
DCB Q4 Standalone (QoQ)-NII at Rs 40.22 crore versus Rs 51.06 crore-Net loss at Rs 91.31 crore versus net loss of Rs 3.22 crore
SOURCE: MC

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