Monday 14 September 2015

Indian Daybook- “Stocks to watch”

July IIP At 4.2%: Capital Goods Output At 10.6% Vs -3.6% (MoM) (Positive)

RBI: April-June Current Account Gap At 1.2% Vs 1.6% Of GDP (Positive)

COMMERCE MINISTER : Interest Subvention Policy for Exporters to be submitted to Cabinet shortly (Positive)

Met Department Says: June 1-September 11 Rainfall At 667.8 mm; 15% Below Normal (Negative)

Cipla, Lupin Expand in U.S. to Meet FDA Standard (Positive)

Borosil Glass (BRSL): To spend up to 1.74b rupees on shrs buyback at up to 2,500 rupees/shr (Positive)

Elder Pharma (ELDP): Clarifies in talks with prospective lenders for restructuring debt (Positive)

JK Tyre (JKI): Agrees to buy Cavendish Industries, a unit of Kesoram Industries (Positive)

Manali Petrochemicals (MPCH): In accord to invest up to 5b rupees in Tamil Nadu in 3-5yrs (Positive)

Mangalore Refinery (MRPL): Clarifies no fire or explosion in any part of refinery complex (Positive)

Maruti Suzuki (MSIL): Introduces Ciaz variants with safety features (Positive)

NHPC (NHPC): Says Chutak Power Station was completely restored Sept. 10 (Positive)

Colgate fixes 24.09.2015 as Record Date for 1:1 Bonus Issue (Positive)

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