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Last Updated : Mar 01, 2017 10:43 AM IST | Source: CNBC-TV18

Stocks in news: ONGC, DLF, Indiabull Real, MOIL, Prism Cement

ONGC | DLF | Oil India | Wipro | Aurobindo Pharma | Indiabull Real | MOIL | Metalyst Forgings | Amtek Auto | Castex Technologies | Surya Roshni | D-Link | InterGlobe Aviation | Uttam Galva | Prism Cement are stocks, which are in the news today.

Here are stocks that are in news today:

DLF: Sources
-DLF board may submit plan to execute 40 percent stake sale in rental arm
-DLF board may announce rental stake sale talks exclusively with GIC
-40 percent stake sale in rental arm may fetch DLF around Rs 14,000 crore
-DLF's net debt as of September end stood at Rs 23,530 crore
-DLF audit committee meets today

Mahindra and Mahindra: Sources
-M&M & Ford in preliminary talks for an alliance
-M&M, Ford eyeing 3 areas of collaboration, infrastructure sharing
-M&M, Ford eyeing joint-sourcing of components
-M&M & Ford eyeing marketing alliance as part of collaboration pact
-Move part of plan to form of 'areas of synergies' in component souring, technology
-Talks between M&M & Ford in 'early stages' currently
-Ford, M&M seeking alliance to cut R&D costs, improve efficiencies
Ford India to CNBC-TV18
-Have been & will continue working with many companies
-Keep these discussions private for obvious competitive reasons
-Do not comment on speculation


Indiabulls Real
-Relevant authorities have granted height NOC of 163 meters for Sky Suites Project
-NOC received expected to have bearing on total area that can be built
-Will quantify impact on Sky Suites Projects after consultation

Metalyst Forgings
-Extra-ordinary general meeting (EGM) on March 23 to consider issue of 44 lakh equity shares to Amtek Auto at Rs 100/share
-EGM on March 23 to consider issue of 24 lakh warrants to Amtek Auto at Rs 100 each

Amtek Auto
-EGM on March 25 to consider issue of 2.35 crore shares to 2 promoter companies
-EGM to consider issue of shares to promoter companies at Rs 50/share
Alert: Promoter group companies are Aisa International & Amtek Laboratories

Eastern Gases
-Board approves allotment of 33 lakh warrants to promoter & non-promoters
-Board discussed expansion plans in area of LPG distribution
-Acquires 100 percent shares of Asia LPG

Other stocks and sectors that are in news today:
-MOIL cuts prices by 15-25 percent across products
-Deepak Nitrite board to consider QIP (qualified institutional placement) price on March 3
-Aurobindo Pharma gets US FDA nod for Etomidate injectable (used for induction of general anaesthesia & sedation)
-NBCC to list bonus shares
-Dhanuka Agritech's buy back window opens from March 1-15
-Thiru Arooran Sugars - ICRA upgrades rating from D to B+ and D to A4+
-Castex Technologies EGM on 25 March to consider preferential allotment up to 3.9 crore shares at Rs 15 per share
-Thomas Cook launched 10 day “The Grand Indian Holiday Sale” w.e.f. March 1
-Bharat Financial Inclusion issued commercial papers worth Rs 250 crore
-Prism Cement wins bid for 18,300 tonne per year of coal from Coal India unit in coal linkage auction
-Punjab & Sind Bank revised term deposit of less than Rs 1 crore starting from 4 percent to 7 percent
-Lenders to probe suspected irregularities at Uttam Galva
-Reliance Jio partners with Samsung to improve LTE (4G) services
-CRISIL upgrades outlook on Vedanta’s debt
-Government to bail out ONGC, Oil India's Rs 22,000 crore royalty liability
-InterGlobe Aviation in focus: Directorate General of Civil Aviation asks IndiGo & GoAir to check Pratt & Whitney’s engines that power A320 Neo planes
-Fortis Healthcare's promoter creates pledge on 1.8 crore shares (3.5 percent equity) on February 22
-Wipro offers IoT based solution from HP Enterprise to power wind parks and wind turbine manufacturers
-Majesco launches 2 new solutions enterprise data model & enterprise data warehouse
-D-Link in focus: D-Link Corp & TeamF1 Networks announce partnership to launch mydlink business
-Surya Roshni says new steel pipe plant at Hindupur with 90,000 MT capacity to start operations from March 1

Disclosure: Reliance Industries, the parent company of Reliance Jio, owns Network 18 that publishes

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First Published on Mar 1, 2017 08:00 am
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