Equity Share Stock Intraday Trading Tips Ideas for TCS, GVK Power, Cipla on 4th December 2008

Following stocks are likely to be in the limelight today, December 4.

Tata Consulting Services (TCS) is examining its capital expenditure plans led by the current global economic meltdown. Shares of the company closed up Rs 0.3, or 0.06%, at Rs 535**.
Tata Steel which was disqualified by Liberia in September to participate in a relaunched bidding round for a USD 1.5-billion iron ore project, has now received approval to participate in the bid process. Shares of the company closed up Rs 16.05, or 10.8%, at Rs 165**.
GVK Power & Infrastructure announced that the ministry of petroleum & natural gas has awarded seven offshore deep water blocks to the consortium of BHP Billiton Petroleum International and GVK Oil & Gas, a wholly owned subsidiary of GVK Power & Infrastructure. Shares of the company gained Rs 0.25, or 1.45%, to settle at Rs 18.**.
Hindustan Oil Exploration Company (HOEC), engaged in the exploration and production of oil and gas, announced on Wednesday that the company had been awarded 2 blocks by the government of India under the new exploration licensing policy round VII (NELP VII). Shares of the company gained Rs 1.2, or 2.08%, to settle at Rs 59**.
Leading drug maker, Cipla has received final approval from the US Food and Drug Administration (USFDA) to market Pamidronate disodium injection, in the strengths of 30 mg/vial, 60 mg/vial and 90 mg/ vial. Shares of the company declined Rs 2.1, or 1.13%, to settle at Rs 183**.