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Stocks to watch today

Source: IRIS (28 March 2008)

Stocks to watch today
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Following are the stocks that are likely to be in spotlight today, March 28, based on major post-market announcements:

Reliance Power will place orders worth Rs 100 billion for 12 boiler, turbine and generators (BTGs) for its power plants. This will be the largest order worldwide to be placed with a power equipment manufacturer. Shares of the company gained Rs 5.75, or 1.78%, to end at Rs 328.25**. More....

The government has exempted NTPC from the Rs 10 billion investment limit in a joint venture or subsidiary set up to bid for power projects. Shares of the company declined Rs 0.1, or 0.05%, to end Rs 196.65**. More....

A day after acquiring Jaguar and Land Rover from Ford for USD 2.3 billion, Tata Motors said on Thursday (March 27) it would further invest in the two companies, which reports said could be to the tune of USD 2 billion. Shares of the company closed down Rs 24.2, or 3.56%, at Rs 655.2**. More....

Tata Chemicals successfully completed the acquisition of USD based General Chemical Industrial Products for a total consideration of USD 1,005 million. Shares of Tata Chemicals declined Rs 2.00, or 0.73%, to settle at Rs 272.05**. More....

The board of directors of Aegis Logistics at its meeting held on Mar. 27, 2008 approved the draft scheme of arrangement for amalgamation of Tapi Finvest India with the company. Shares of Aegis Logistics closed up Rs 0.9, or 0.47%, at Rs 191.25**. More...

The board of directors of Moser Baer India at its meeting held on Mar. 27, 2008 decided to sell the entertainment business of the company to Moser Baer Entertainment, a subsidiary company. Shares of the company closed up Rs 1.45, or 1.16% at Rs 126.45**. More....

Nahar Industrial Enterprises`s, Nahar Retail (NRL) and its promoters have entered into an investment agreement with Sequoia Capital India Growth Investment Holdings I. Sequoia Capital would invest an amount aggregating to Rs 1200 million in Nahar Retail. Shares of Nahar Industrial Enterprises closed up Rs 0.6, or 0.81%, at Rs 75.05**. More....

Citigroup Global Markets Mauritius sold 3,579,490 shares at Rs 43.75 a share of IFCI at the National Stock Exchange (NSE).

** Closing prices as on Thursday, March 27



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



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