Equity trading Tips for RIL, TCS, Hindalco, Dish TV on 06th October 2008

Stocks in news:

• New listing:
• 20 Microns; issue price Rs 55
• RIL allots 12 cr shares to promoters on exercise of warrants, lock-in period of 3 years (Stock was down 7.5% on Friday)
• Inflation for week-ended Sep 20 at 11.99% vs 12.14% week ago
• Sebi may ease PN curbs to ease liquidity, board meet today to discuss the issue – ET
• UK’s Xchanging acquires 75% stake Cambridge Solutions for 83 m pounds, open offer at Rs 81.11/sh (CMP Rs 59.5/sh)
• Tata Motors:
• Pulls out of Singur, to relocate Nano project
• Mother Plant For Nano Likely To Come Up In Sanand In Gujarat: Srcs
• TCS close to buying Citi’s BPO arm for $ 550m-ET
• L&T Capital buys 4.2% stake in Kalindee rail-ET
• Allahabad Bank defers rights issue-BL
• Sun Pharma extends the tender offer date for Taro to Nov 7
• Hindalco promoters forgo warrant conversion, may subscribe to additional shares in rights issue – BS
• Finmin hardened its stance against trade deal with Mauritius, feels Mauritius must find solution to double tax treaty misuse – BS
• Dish TV board approves pricing rights issue at Rs 22/sh, ratio 121:100 (CMP Rs 26)
• Unitech’s Bihar subsidiary allotted 4.4 MHz of Spectrum in 1800 MHz GSM band
• Consolidated Construction bags order worth Rs 1212 cr from Chennai Airport
• RBI allows FIIs to invest up to 100% in Dynamatic Technologies
• Kinetic Engineering starts rolling out gearboxes for Tata Nano from Oct 5
• Cairn India’s Ravva oilfield enters declining phase in July-Sept quarter-BL
• Essar Construction to take up pipeline projects on EPC basis-BL
• Prices of carbon credit falls from 22 euro to 19 euro in last one month – ToI (JSW Steel looking to sell CERs but not finding the right price)
• Eicher Motors Sep
• Total Sales down 34% At 1,865 Units
• Bus, Truck Sales At 1,865 Units Vs 2,840 Units
• Jubilant forms 50:50 JV with Eli Lilly for drug development
• Centum Electronics bags order worth Rs 4.3 cr from defence sector unit
• Lotte India delisting offer withdrawn, discovered price of Rs 825 not accepted
• Board meets: Jaipan Industries on bonus, GDR/FCCB issue
• Ex-bonus:
• GAIL India at 1:2, Hind Rectifiers at 1:1
• Ex-split:
• Provogue India in ND period, out on Oct 13
• Madras Cement in ND period, out on Oct 10

Source : MoneyControll


Courtesy/Source: onlineequitycalls.com