Stocks to watch: Unitech, Dr Reddy, Satyam...

Source: IRIS (04 March 2009)

Stocks to watch: Unitech, Dr Reddy, Satyam...
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Following stocks are likely to be in the limelight today, March 4.

Satyam Computer board plans to invite bids for a strategic investor in the next few days and expects to pump in healthy amount as investment into the company, according to company chairman Kiran Karnik. Shares of Satyam Computer declined Rs 1.05, or 2.61%, to end at Rs 39.25**

Unitech has launched two projects after a gap of almost 5 months. Shares of the company closed down Rs 0.35, or 1.3%, at Rs 26.55.

Dr Reddy`s Labs has received final approval from the US Food and Drug Administration (USFDA) to market Buspirone Hydrochloride Tablet in the strength of 5 mg, 10 mg, 15 mg and 30 mg. Shares of the company closed down Rs 0.55, or 0.14%, at Rs 397.20**.

IVRCL is eyeing an engineering company in Europe that specializes in water technologies for a consideration of around USD 100 million. Shares of IVRCL Infrastructure declined Rs 0.65, or 0.62%, to trade at Rs 104.50**.

**Closing share prices as on, Tuesday, March 3.



* Q - Quote , N - News , C - Chart , F - Financials


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