Biocon is currently trading at Rs 336.25, up by 1.10 points or 0.33% from its previous closing of Rs 335.15 on the BSE.

The scrip opened at Rs 335.70 and has touched a high and low of Rs 338.90 and Rs 335.50 respectively. So far 6208 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 464.60 on 19-Oct-2010 and a 52 week low of Rs 301.65 on 25-Feb-2011.

Last one week high and low of the scrip stood at Rs 339.85 and Rs 330.00 respectively. The current market cap of the company is Rs 6703.00 crore.

The promoters holding in the company stood at 60.92% while Institutions and Non-Institutions held 16.88% and 22.21% respectively.

India's largest listed biotechnology firm, Biocon is targeting to achieve $1 billion revenues in upcoming three years. The company sees itself among the top 10 global biotechnological companies in the world. Its major emphasis is on the chronic diseases. The main emphasis is on diabetes, cancer and auto immune diseases. The company is also planning to list Syngene, its research services unit within the period of next 18 months. Syngene is India’s leading contract organization offering integrated drug and development service with capabilities in medicinal chemistry, biology, in vivo pharmacology, toxicology, customs synthetics, process R&D and formulation development for small and large molecules.

Last year the company had forayed into Malaysia and is in the process of setting up a bio manufacturing and R&D facility at Bio-Xcell, a biotechnology park and ecosystem in Iskandar Malaysia, Johor with an investment of about Rs 715 crore in the first phase.

MMTC is currently trading at Rs. 710.00, up by 3.10 points or 0.44% from its previous closing of Rs. 706.90 on the BSE.

The scrip opened at Rs. 707.65 and has touched a high and low of Rs. 722.70 and Rs. 707.50 respectively. So far 2737 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1400.00 on 21-Sep-2010 and a 52 week low of Rs. 669.00 on 02-Sep-2011.

Last one week high and low of the scrip stood at Rs. 724.00 and Rs. 691.10 respectively. The current market cap of the company is Rs. 70690.00 crore.

The promoters holding in the company stood at 99.33% while Institutions and Non-Institutions held 0.52% and 0.15% respectively.

Minerals and Metals Trading Corporation (MMTC), a state-owned trading firm, has invited bids for the import of three lakh tonnes of di-ammonium phosphate (DAP). The company has taken this step with a view to augment fertiliser supply in the upcoming rabi season.

The company has announced September 20 as the last date for submission of bids and it would take decision on the same day for awarding the contracts. The full consignment of DAP (bulk)/DAP Lite grades is to be shipped during September-November, 2011. The consignments are to be offloaded at the Mundra, Kandla, Vizag, Hazira (anchorage), Kakinada (deep water) and Krishnapatnam ports.

From November onwards the rabi season starts and harvesting is done during March-April. The important rabi crops are wheat, gram, barley, peas and mustard. In the April-July period of the current fiscal, India imported 20.16 lakh tonnes of DAP, while inbound shipments in the 2010-11 fiscal stood at 74.11 lakh tonnes.

GVK Power is currently trading at Rs. 17.50, up by 0.50 points or 2.94% from its previous closing of Rs. 17.00 on the BSE.

The scrip opened at Rs. 17.05 and has touched a high and low of Rs. 18.20 and Rs. 16.80 respectively. So far 3306391 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 49.45 on 21-Sep-2010 and a 52 week low of Rs. 15.85 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 18.20 and Rs. 16.40 respectively. The current market cap of the company is Rs. 2684.66 crore.

The promoters holding in the company stood at 54.25% while Institutions and Non-Institutions held 28.32% and 17.43% respectively.

GVK Power, part of the GVK Group has agreed to acquire Australia's Hancock Coal for $1.26 billion, in one of the largest overseas acquisitions by an Indian infrastructure entity. This deal includes acquiring majority holding in coal resources and railway line and port infrastructure projects of Hancock Coal.

The company will get option for long term coal supply contracts for the purchase of up to 20 million tonnes every year. This can support around 7,500 megawatts of power generating capacity.

Time Technoplast is currently trading at Rs. 69.55, up by 1.20 points or 1.76% from its previous closing of Rs. 68.35 on the BSE.

The scrip opened at Rs. 71.75 and has touched a high and low of Rs. 71.75 and Rs. 69.15 respectively. So far 7,202 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 72.25 on 15-Jul-2011 and a 52 week low of Rs. 42.30 on 09-Feb-2011.

Last one week high and low of the scrip stood at Rs. 71.75 and Rs. 67.10 respectively. The current market cap of the company is Rs. 1,461.00 crore.

The promoters holding in the company stood at 62.09% while Institutions and Non-Institutions held 20.37% and 17.54% respectively.

Time Technoplast is now setting up an industrial packaging project in Malaysia about 140 kilometers south of Kuala Lumpur, after successfully starting its operations in North China (Tianjin), Taiwan and Indonesia. The company will manufacture their well established Plastic Packaging Products including Intermediate Bulk Containers (IBC), Plastic Drums & Containers to service its international customers and local industry in Malaysia and Singapore. The project is likely to commence production at the end of Q1, 2012.

Ipca Laboratories is currently trading at Rs. 282.00, up by 5.00 points or 1.81% from its previous closing of Rs. 277.00 on the BSE.

The scrip opened at Rs. 283.10 and has touched a high and low of Rs. 283.10 and Rs. 278.10 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 351.00 on 14-Jun-2011 and a 52 week low of Rs. 255.10 on 10-Mar-2011.

Last one week high and low of the scrip stood at Rs. 314.45 and Rs. 271.00 respectively. The current market cap of the company is Rs. 3,544.00 crore.

The promoters holding in the company stood at 46.05% while Institutions and Non-Institutions held 32.28% and 21.67% respectively.

Ipca Laboratories has received an approval for amalgamation of Tonira Pharma with the company with effect from April 01, 2011 being the appointed date through a scheme of amalgamation. The board at its meeting held on September 17, 2011 has considered and approved the same. However, the proposed scheme of amalgamation will be subject to all necessary permissions and approvals, as may be required.

Further, the scheme envisages an exchange ratio of six equity shares of Rs 2 each fully paid-up of Ipca Laboratories for every one hundred equity shares of Rs 10 each fully paid-up of Tonira Pharma. The exchange ratio is based on the joint valuation made by Natvarlal Vepari & Company, Chartered Accountants and G. M. Kapadia & Company, Chartered Accountants.

Ipca Laboratories is engaged in manufacturing of active pharmaceutical ingredients and formulations. It operates in 110 countries and its export accounts for 50% of the company's income. Worldwide the company is one of the largest suppliers of APIs and intermediates. The company holds leadership position in Anti-malarial and Rheumatoid Arthritis area.

Redington (India) has been appointed as a distributor by Polycom Asia Pacific (Polycom) for their Audio & Video Conferencing Products across India and other SAARC Region except Pakistan and Afghanistan. This partnership with Polycom will enable the company to expand in the distribution of audio and video conferencing products in the networking segment.

Polycom is a worldwide leader in the field of tele and video conferencing products. It manufactures telepresence and voice communications solutions. Polycom's first products to market were audio conferencing speakerphones. Soon after, the company added content sharing, video conferencing and video network/bridging products to its portfolio.

Recently, the company had been appointed to distribute Vodafone branded mobiles and telecom products across India to the channel addressing the retail space. Under this tie-up the company would sell through the re-distribution stockist to be appointed across India.

Redington (India) engages in the business of vendor-authorized end-to-end supply chain management of information technology (IT) hardware and software products. The company distributes a range of IT products, such as networking, storage, and enterprise products, as well as servers and software solutions.

Credit rating agency, ICRA after due consideration of the latest developments, has re-affirmed A2+ rating to short term bank facilities of Omax Autos. The rating agency has also re-affirmed BBB+ rating to long term bank facilities of the company.

The assigned ratings factor in the company's healthy business growth on the back of improved business volumes with HMCL and ramp up of business with TML and IKEA, continued improvement in its customer and segment diversification, as well as long standing business relationships with key customers.

Omax Autos manufactures sheet metal components, precision machined components, tubular metal components and sprockets for supply to domestic automotive OEMs and tier-1 auto component manufacturers in Europe and the United States.

Jet Airways, India's premier international has raised the fuel surcharge by Rs 200 on the domestic sector on the back of a recent hike in air turbine fuel (ATF). This will be applicable on all flights of Jet Airways, Jet Airways Konnect and JetLite, for sale and travel effective from September 17, 2011.

After two consecutive price cuts, state-owned oil companies has hiked jet fuel, or ATF, price by 2.5% in line with firming of international oil rates on Thursday night. The oil companies had earlier reduced the ATF rates this month by more than Rs 1,586 per kilolitre (KL) in New Delhi but the recent hike had wiped out the reductions made earlier. ATF prices vary at airports due to local sales tax or VAT.

Alok Industries' promoter group company Alok Finance has purchased additional 1,13,171 equity shares of the company in the open market under creeping acquisition, constituting 0.01% of the paid up capital of the company, and thereby increased their holding in the paid up capital of the company to 2.63% from 2.62%.

Following this acquisition, the holding of promoters and promoters Group of the company in the paid up capital of the company stands at 29.83% from 29.82%.

Earlier in August, the company's promoter group company-Niraj Realtors and Shares- purchased additional equity shares of the company in the open market under creeping acquisition, constituting 0.12% of the paid up capital of the Company, and thereby increased their holding in the paid up capital of the Company to 8.80% from 8.68%.

Alok has evolved from a small trading business into India's largest integrated textiles player. It is present across various verticals of the textile value chain - from yarn manufacturing to garmenting. Alok's production facilities are at Silvassa, Vapi and Navi Mumbai. The company also has a presence in the domestic retail segment and in real estate through a wholly-owned subsidiary.

Reliance Industries is currently trading at Rs 841.75, up by 6.60 points or 0.79% from its previous closing of Rs 835.15 on the BSE.

The scrip opened at Rs 847.35 and has touched a high and low of Rs 849.30 and Rs 829.15 respectively. So far 411853 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1187.00 on 01-Nov-2010 and a 52 week low of Rs 713.55 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs 849.30 and Rs 796.10 respectively. The current market cap of the company is Rs 273461.72 crore.

The promoters holding in the company stood at 44.72% while Institutions and Non-Institutions held 28.15% and 23.35% respectively.

Reliance Industries' gas output has dropped to 44 million cubic meters a day, down 10% from the April-June quarter because of persisting technical issues. This has choked supplies to several customers and forced consumers to shift to imported liquefied natural gas ( LNG), which costs three times as much Reliance's gas.

Recently, Reliance Industries has honored with five-star rating under occupational health and safety audit by the British Safety Council of its onshore plant at Gadimoga, in Andhra Pradesh, where gas from the KG-D6 field in the Eastern Offshore is processed.

The company's net profit for the quarter rose by 16.70% at Rs 5661.00 crore as compared to Rs 4851.00 crore for the same quarter last year. Its total income increased by 39.26% to Rs 82096.00 crore for the quarter under review from Rs 58950.00 crore for the corresponding quarter of the previous year.

Ashok Leyland is currently trading at Rs 26.85, up by 0.05 points or 0.19% from its previous closing of Rs 26.80 on the BSE.

The scrip opened at Rs 27.00 and has touched a high and low of Rs 27.30 and Rs 26.75 respectively. So far 254083 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 40.95 on 08-Nov-2010 and a 52 week low of Rs 22.50 on 19-May-2011.

Last one week high and low of the scrip stood at Rs 27.60 and Rs 24.35 respectively. The current market cap of the company is Rs 7130.61 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 30.11% and 17.85% respectively.

Hinduja Group flagship company - Ashok Leyland, which has partnered with Japanese auto major Nissan is likely to invest Rs 2,300 crore in two phases in next three years. In two phases the company will come out with three products that are light van, light truck and a heavy truck.

In next three years Ashok Leyland is expected to commence operations at its Sriperambadur greenfield unit depending upon which product the company is going to launch. It aims to sell 55,000 units a year. Ashok Leyland will venture into above 1 tonne and below 7.5 tonne LCV segment because below 1 tonne LCV are available in huge numbers.

The company has already hired people in product development and will be ensuring to increase manpower utilisation at the Hosur plant. It has 450 people in the technical centre. It has appointed 37 exclusive dealership networks for retailing the vehicle and planned to take it up to 60 dealerships by March, 2012.

SRS has debuted at Rs 55.00 on the BSE, down by 3 points or 5.17% from its issue price of Rs 58.

The scrip is currently trading at Rs 49, down by 9 points or 15.52% from its issue price and has touched a high and low of Rs 61.40 and Rs 49.00 respectively. So far 1520269 shares were traded on the counter.

SRS, a diversified company having interest in cinema exhibition, jewellery, food and retail, has fixed the issue price at Rs 58, lower end of price band of Rs 58-65 per share. The issue was subscribed 1.25 times, helped by non-institutional investors (NIIs), who subscribed their reserve portion by 5.11 times.

The company will be using the issue proceed for setting up of cinemas, setting up of food courts and restaurants, setting up of retail stores, setting up of jewellery manufacturing facility and jewellery retail stores. The major four business verticals of the company enable it to profitably exploit the business synergies, as well as smoothen out seasonal business fluctuations. The four business verticals of the Company are Cinema Exhibition, Food & Beverages Retail and Manufacturing and Retailing of Jewellery.

NTPC is currently trading at Rs 167.00, up by 2.80 points or 1.71% from its previous closing of Rs 164.20 on the BSE.

The scrip opened at Rs 165.50 and has touched a high and low of Rs 169.35 and Rs 165.15 respectively. So far 202039 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 222.20 on 04-Oct-2010 and a 52 week low of Rs 160.10 on 12-Sep-2011.

Last one week high and low of the scrip stood at Rs 169.35 and Rs 160.10 respectively. The current market cap of the company is Rs 135390.53 crore.

The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.84% and 3.66% respectively.

National Thermal Power Corporation's (NTPC) Unit 3 of 500 MW of Simhadri Super Thermal Power Project has started its commercial operation with effect from September 16, 2011.

Following this the commercial capacity of Simhadri is 1,500 MW and that of NTPC is 30,330 MW.

Recently, the company's 3 units of 500 MW each in the Korba power station had been shut down as a result of damage caused to the ash-dyke due to persistent rains in the region.

Kwality Dairy India is currently trading at Rs. 166.70, up by 0.20 points or 0.12% from its previous closing of Rs. 166.50 on the BSE.

The scrip opened at Rs. 167.60 and has touched a high and low of Rs. 167.60 and Rs. 166.25 respectively. So far 2,20,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 171.00 on 29-Aug-2011 and a 52 week low of Rs. 65.45 on 20-May-2011.

Last one week high and low of the scrip stood at Rs. 169.00 and Rs. 166.10 respectively. The current market cap of the company is Rs. 2,553.00 crore.

The promoters holding in the company stood at 74.98% while Institutions and Non-Institutions held 0.36% and 24.67% respectively.

Kwality Dairy India, in a bid to increase the processing capacity of its plant in Haryana is planning to raise up to Rs 1,000 crore to fund expansion. The company which had chalked the expansion plan will raise the money either through debt or equity route.

Steel Authority of India (SAIL) is planning to increase production from its iron ore mines to 38 million tonnes, in line with the company's Rs 70,000-crore mega expansion plan to produce over 23 million tonnes of hot metal by 2012-13. At present the company makes about 13 million tonnes.

The company is operational on a three pronged strategy in order to meet the enhanced needs of its raw materials that will double output from its captive mines at an investment of over Rs 10,200 crore. It will first increase production from existing mines through de-bottlenecking and deploying high capacity heavy earth moving equipment, then, will enhance the capacity of existing mines at Kiriburu, Meghahatuburu, Bolani and Gua. After this SAIL aims to go for developing new mines at Chiria and Taldih.

SAIL has appointed consultants for prospect iron ore security which will be ensured by development of new iron ore mines at Chiria, Taldih at Rowghat. While Hatch Associates, Australia is preparing a detailed project report for Chiria mines, SAIL's in house consultant, CET is working on the Taldih project in consultation with Metchem of Canada.

Reliance Capital is currently trading at Rs 408.05, up by 5.90 points or 1.47% from its previous closing of Rs 402.15 on the BSE.

The scrip opened at Rs 403.00 and has touched a high and low of Rs 417.00 and Rs 400.00 respectively. So far 402558 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 881.90 on 07-Oct-2010 and a 52 week low of Rs 340.50 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs 433.20 and Rs 390.50 respectively. The current market cap of the company is Rs 9878.12 crore.

The promoters holding in the company stood at 54.14% while Institutions and Non-Institutions held 27.34% and 17.87% respectively.

Reliance Capital has received in-principle approval from Insurance Regulatory and Development Authority (IRDA) for its proposed stake sale in its insurance arm - Reliance Life Insurance, one of India's largest life insurers. Earlier this year, the company had signed a definitive agreement with Nippon Life Insurance to sell 26 percent stake in Reliance Life Insurance subject to regulatory approvals. IRDA would be granting final approval for the proposed sale on receipt of RBI approval.

As per the agreement, Nippon Life Insurance will invest an aggregate value of Rs 3,062 crore ($680 million) to acquire a 26 percent strategic stake in Reliance Life Insurance. This transaction pegs the total valuation of Reliance Life Insurance at approximately Rs 11,500 crore ($2.6 billion).

HCL Technologies is currently trading at Rs. 397.70, up by 18.00 points or 4.74% from its previous closing of Rs. 379.70 on the BSE.

The scrip opened at Rs. 382.50 and has touched a high and low of Rs. 398.50 and Rs. 382.10 respectively. So far 130933 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 528.40 on 21-Apr-2011 and a 52 week low of Rs. 360.10 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 419.25 and Rs. 373.00 respectively. The current market cap of the company is Rs. 26175.65 crore.

The promoters holding in the company stood at 64.37% while Institutions and Non-Institutions held 27.48% and 8.15% respectively.

HCL Technologies' eight customers have been bestowed with ValueHonors Awards and the award was conferred by InformationWeek. The eight customers of the company are Avago Technologies, Cathay Pacific Airways, Cummins Inc., Electrolux, Old Mutual Wealth Management, Purdue Pharma, Xerox and a Fortune 500 pharmaceutical company. The program honors contributions in value creation and business transformation.

InformationWeek evaluated more than 100 Fortune 1000 and Global 2000 companies from across the globe for the ValueHonors awards. There was a stringent nomination process in which enterprises demonstrated objective evidence of value creation across five categories - Best Service Desk, Best Data Center Transformation, Best Cloud Strategy, Best Transition Management and Most Responsive to Business. A distinguished panel of industry experts and thought leaders convened to judge the entries.

The winners were recognized for their immense contribution in value creation and business transformation in their global sourcing engagements and were announced during the - InformationWeek 500 Conference on September 12, 2011.

United Breweries is currently trading at Rs 404.45, up by 9.25 points or 2.34% from its previous closing of Rs 395.20 on the BSE.

The scrip opened at Rs 405.00 and has touched a high and low of Rs 416.00 and Rs 400.00 respectively. So far 17068 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 613.80 on 10-Jun-2011 and a 52 week low of Rs 346.00 on 10-Feb-2011.

Last one week high and low of the scrip stood at Rs 448.00 and Rs 391.50 respectively. The current market cap of the company is Rs 10059.62 crore.

The promoters holding in the company stood at 74.05% while Institutions and Non-Institutions held 15.99% and 9.97% respectively.

United Breweries (UBL) plans to enter about 20 new domestic markets in the next two years as it is going for major expansion drive for Dutch partner Heineken's beer brand in India. In 2009 the company has signed an agreement with Netherlands-based Heineken Group for manufacturing and distribution of Heineken beer in India and at present it expects the brand to secure a 5% market share in the premium mild segment in these markets.

UBL aims Heineken to reach around 15-20 markets in India in the next two years. The company, which has already launched Heineken in various cities such as Mumbai, Bangalore and Delhi, now plans to launch it in various other markets. It is planning to launch it in Kolkata (West Bengal), Goa, Haryana and Punjab in a phased manner. UBL expects the brand to establish a foothold in these new markets within the next 18-24 months.

The company's net profit after tax for the quarter ended June 30, 2011 fell by 6.68% at Rs 71.04 crore as compared to Rs 76.13 crore for the corresponding quarter last year. Its total income rose 22.58% at Rs 962.74 crore for the quarter under review from Rs 785.39 crore for the same quarter last year.

Alok Industries is currently trading at Rs 18.65, up by 0.35 points or 1.91% from its previous closing of Rs 18.30 on the BSE.

The scrip opened at Rs 18.50 and has touched a high and low of Rs 18.80 and Rs 18.25 respectively. So far 873967 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 35.00 on 11-Nov-2010 and a 52 week low of Rs 15.60 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs 20.90 and Rs 17.90 respectively. The current market cap of the company is Rs 1441.67 crore.

The promoters holding in the company stood at 29.37% while Institutions and Non-Institutions held 32.36% and 38.26% respectively.

Alok Industries' promoter group company Alok Finance has purchased additional equity shares of the company in the open market under creeping acquisition, constituting 0.26% of the paid up capital of the company, and thereby increased their holding in the paid up capital of the company to 2.62% from 2.36%.

Following this acquisition, the holding of promoters and promoters Group of the company in the paid up capital of the company stands at 29.82% from 29.56%.

Earlier in August, the company's promoter group company -Niraj Realtors and Shares- purchased additional equity shares of the company in the open market under creeping acquisition, constituting 0.12% of the paid up capital of the Company, and thereby have increased their holding in the paid up capital of the Company to 8.80% from 8.68%.

Hotel Leelaventure is currently trading at Rs 37.30, up by 0.10 points or 0.27% from its previous closing of Rs 37.20 on the BSE.

The scrip opened at Rs 37.30 and has touched a high and low of Rs 38.25 and Rs 37.15 respectively. So far 20598 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 58.70 on 11-Oct-2010 and a 52 week low of Rs 34.10 on 10-Feb-2011.

Last one week high and low of the scrip stood at Rs 40.00 and Rs 36.65 respectively. The current market cap of the company is Rs 1442.71 crore.

The promoters holding in the company stood at 55.30% while Institutions and Non-Institutions held 8.65 % and 36.05 % respectively.

Hotel Leelaventure, India's fourth largest hospitality chain is in exploratory talks to sell their upcoming beachfront luxury property in Chennai to NRI industrialist Ravi Pillai in an attempt to trim its debt. The talks are at a very preliminary stage. The entity had sold its Kovalam property to Ravi Pillai for Rs 500 crore last month.

The property which draws inspiration from Chettinad architecture has 14-storeyed building with 329 rooms, which would throw open its doors in January 2012. The property is valued at around Rs 900 crore.

Ashok Leyland is currently trading at Rs. 25.25, up by 0.25 points or 1.00% from its previous closing of Rs. 25.00 on the BSE.

The scrip opened at Rs. 25.10 and has touched a high and low of Rs. 25.50 and Rs. 25.05 respectively. So far 2,85,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 40.95 on 08-Nov-2010 and a 52 week low of Rs. 22.50 on 19-May-2011.

Last one week high and low of the scrip stood at Rs. 27.90 and Rs. 24.35 respectively. The current market cap of the company is Rs. 6,718.00 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 30.11% and 17.85% respectively.

Ashok Leyland, a Hinduja Group flagship company has priced its light commercial vehicle (LCV) 'Dost' at Rs 3.79 lakh (ex-showroom Chennai) for the base variant while for the top variant the company has tagged a price of Rs 4.39 lakh (ex-showroom Chennai). In a bid to mark its presence in LCV segment, Ashok Leyland had partnered with Japanese auto major Nissan. This partnership will give its customers Japan quality at Indian cost.

Shoppers Stop is currently trading at Rs. 377.00, up by 0.05 points or 0.01% from its previous closing of Rs. 376.95 on the BSE.

The scrip opened at Rs. 365.05 and has touched a high and low of Rs. 387.00 and Rs. 360.10 respectively. So far 1288 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 504.00 on 25-Jul-2011 and a 52 week low of Rs. 261.00 on 11-Feb-2011.

Last one week high and low of the scrip stood at Rs. 402.00 and Rs. 360.10 respectively. The current market cap of the company is Rs. 3108.94 crore.

The promoters holding in the company stood at 68.15% while Institutions and Non-Institutions held 19.74% and 12.11% respectively.

Shoppers Stop has opened one 'HomeStop' store at Vijayawada. With the opening of this store, the company has now 6 'HomeStop' stores under its operation. Recently, Shoppers Stop's wholly owned subsidiary Crossword Bookstores had opened one 'Crossword' franchisee store at Inorbit Mall, Pune.

Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper's Stop, Home Stop, Crossword, Cafes and Restaurants etc.

Gabriel India is currently trading at Rs. 41.65, up by 0.70 points or 1.71% from its previous closing of Rs. 40.95 on the BSE.

The scrip opened at Rs. 41.85 and has touched a high and low of Rs. 42.50 and Rs. 41.55 respectively. So far 3626 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 73.90 on 03-Nov-2010 and a 52 week low of Rs. 36.60 on 11-Feb-2011.

Last one week high and low of the scrip stood at Rs. 43.10 and Rs. 40.00 respectively. The current market cap of the company is Rs. 294.11 crore.

The promoters holding in the company stood at 54.55% while Institutions and Non-Institutions held 0.45% and 45.00% respectively.

Auto component major Anand Group is planning to foray into new markets through its flagship company Gabriel India, in this regard the company is planning overseas acquisitions. This follows recent similar moves by other large auto suppliers, Motherson Sumi and Sona Group.

Gabriel India aims to attract new global clients with its international expansion plans. This is part of a strategy to make the company one of the world's top five 'ride control' product makers over the next 5 years from among the top ten currently.

GAIL (India) is currently trading at Rs 416.00, up by 7.25 points or 1.77% from its previous closing of Rs 409.05 on the BSE.

The scrip opened at Rs 414.00 and has touched a high and low of Rs 416.90 and Rs 409.00 respectively. So far 9,973 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 535.85 on 06-Jan-2011 and a 52 week low of Rs 403.00 on 12-Sept-2011.

Last one week high and low of the scrip stood at Rs 433.70 and Rs 403.00 respectively. The current market cap of the company is Rs 52806 crore.

The promoters holding in the company stood at 57.34% while Institutions and Non-Institutions held 38.67% and 3.20% respectively.

GAIL India (GAIL), the country's biggest gas distributor, likely to borrow $300 million from overseas next month to take benefit of lower interest rates outside the country. The company requires funds for financing pipeline projects. It has tied up $267 million in a rupee-denominated loan from HDFC Bank at 10.03% and is delaying drawing the money as it seeks cheaper funds overseas.

Redington (India) is currently trading at Rs. 96.00, up by 0.55 points or 0.58% from its previous closing of Rs. 95.45 on the BSE.

The scrip opened at Rs. 96.20 and has touched a high and low of Rs. 96.75 and Rs. 95.95 respectively. So far 1,403 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 102.00 on 29-Jul-2011 and a 52 week low of Rs. 66.50 on 27-Jan-2011.

Last one week high and low of the scrip stood at Rs. 99.00 and Rs. 93.10 respectively. The current market cap of the company is Rs. 3,822.00 crore.

The promoters holding in the company stood at 21.10% while Institutions and Non-Institutions held 46.09% and 32.81% respectively.

Redington (India) has been appointed to distribute Vodafone branded mobiles and telecom products across India to the channel addressing the retail space. Under this tie-up the company would sell through the re-distribution stockist to be appointed across India.

TCS is currently trading at Rs. 1009.00, up by 20.20 points or 2.04% from its previous closing of Rs. 988.80 on the BSE.

The scrip opened at Rs. 999.00 and has touched a high and low of Rs. 1011.00 and Rs. 997.20 respectively. So far 7,434 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1247.00 on 06-Apr-2011 and a 52 week low of Rs. 875.00 on 13-Sep-2010.

Last one week high and low of the scrip stood at Rs. 1055.00 and Rs. 979.00 respectively. The current market cap of the company is Rs. 1,97,483.00 crore.

The promoters holding in the company stood at 74.08% while Institutions and Non-Institutions held 20.90% and 5.03% respectively.

Tata Consultancy Services (TCS), India's biggest software services exporter has launched the TCS Global Center of Excellence (CoE) in support of -- SAP HANA -- appliance software at the SAP TechEd 2011 Las Vegas conference. The TCS Global CoE has one of its largest SAP CoE Labs at TCS' Seven Hills Park Delivery Center in Milford, Ohio, a suburb of Cincinnati. The company Global CoE in support of SAP HANA will enable research and development focused on building applications for high-speed analytics and managing performance-intensive business transactions on the SAP platform.

DBCL is currently trading at Rs. 226.00 up by 1.45 points or 0.65% from its previous closing of Rs. 224.55 on the BSE.

The scrip opened at Rs. 225.00 and has touched a high and low of Rs. 232.00 and Rs. 223.00 respectively. So far 2,223 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 307.00 on 25-Oct-2010 and a 52 week low of Rs. 222.00 on 21-Jul-2011.

Last one week high and low of the scrip stood at Rs. 234.95 and Rs. 223.00 respectively. The current market cap of the company is Rs. 4,142.00 crore.

The promoters holding in the company stood at 86.45% while Institutions and Non-Institutions held 8.60% and 4.95% respectively.

DB Corp (DBCL), one of the India's leading print media companies and home to flagship news papers Dainik Bhaskar and Saurashtra Samachar has successfully launched its third edition of Marathi Newspaper Dainik Divya Marathi in Jalgaon, Maharasthtra. With launch of Jalgaon edition, within a period of 4 months, DCBL has expanded into 3 major cities in Maharashtra and has expanded its operations to over all 63rd edition.

Indian Oil Corporation (IOC) is currently trading at Rs 314.10, up by 1.65 points or 0.53% from its previous closing of Rs 312.45 on the BSE.

The scrip opened at Rs 313.00 and has touched a high and low of Rs 317.25 and Rs 311.45 respectively. So far 23,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 458.90 on 21-Sep-2010 and a 52 week low of Rs 290.00 on 25-Feb-2011.

Last one week high and low of the scrip stood at Rs 323.00 and Rs 311.45 respectively. The current market cap of the company is Rs 75861.38 crore.

The promoters holding in the company stood at 78.92% while Institutions and Non-Institutions held 5.93% and 15.15% respectively.

Crude prices slumped along with the equity markets on Friday, losing around two percent for the day on fear of possible Greek debt default and its impact on the global economic sentiments. Euro slipped to a seven-month low against the dollar and to its lowest level against the Japanese yen since January 2001. The strength in dollar weighed on the crude prices. The resignation of Germany's top representative to the European Central Bank on Friday, over a policy dispute, fueled new doubts about the potential for resolving the euro-zone economic crisis.

Meanwhile National Hurricane Center suggested that oil and gas producing facilities in the US Gulf of Mexico may avoid a direct hit from Tropical Storm Nate, which is now expected to hit Mexico as a hurricane on Sunday.

Benchmark crude for October delivery settled $1.81 or 2% lower at $87.24 a barrel after trading in a range from $85.64 to $87.75 on the New York Mercantile Exchange. In London, Brent crude for October delivery lost $1.78, or 1.6%, to settle at $112.77 a barrel on the ICE.

Pipavav Defence and Offshore Engineering is currently trading at Rs. 84.35, up by 2.60 points or 3.18% from its previous closing of Rs. 81.75 on the BSE.

The scrip opened at Rs. 81.25 and has touched a high and low of Rs. 85.45 and Rs. 81.25 respectively. So far 20,17,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 108.50 on 13-Sep-2010 and a 52 week low of Rs. 61.20 on 22-Aug-2011.

Last one week high and low of the scrip stood at Rs. 85.45 and Rs. 72.70 respectively. The current market cap of the company is Rs. 5,616.00 crore.

The promoters holding in the company stood at 45.00% while Institutions and Non-Institutions held 20.11% and 34.90% respectively.

Pipavav Defence and Offshore Engineering has executed a share purchase agreement (SPA) with shareholders of Conceptia for acquiring 25.50% of the present paid-up share capital of Conceptia. The company proposes to own 51% equity stake in Conceptia Software Technologies (Conceptia), partly by acquisition of shares from existing shareholders of Conceptia and partly by subscribing to the new shares to be issued by Conceptia. The company has also executed a share subscription and shareholders' agreement with Conceptia agreeing to further subscribe to new equity shares of Conceptia in one or more tranches. Post the said subscription, the aggregate shareholding of the company in Conceptia will be 51%.

GTL is currently trading at Rs 73.40, up by 3.40 points or 4.86% from its previous closing of Rs 70.00 on the BSE.

The scrip opened at Rs 69.00 and has touched a high and low of Rs 75.40 and Rs 68.10 respectively. So far 15,06,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs. 462.00 on 21-Sep-2010 and a 52 week low of Rs. 46.40 on 17-Aug-2011.

Last one week high and low of the scrip stood at Rs. 75.40 and Rs. 49.25 respectively. The current market cap of the company is Rs. 713.00 crore.

The promoters holding in the company stood at 52.72% while Institutions and Non-Institutions held 7.76% and 39.53% respectively.

The company's net profit for the quarter ended June 30, 2011 tumbled by 89.16% at Rs 2.43 crore as compared to Rs 22.41 crore for the corresponding quarter last year. Its net income from sales has increased by 58.15% at Rs 695.40 crore for the quarter under review from Rs 439.70 crore for the same quarter last year.

LIC Housing Finance, one of the largest housing finance companies in India, has launched teaser home loan scheme -- New Advantage 5 -- under which the interest rate will remain unchanged for initial five years and thereafter at floating rates.

The floating rates will be linked to the Benchmark Prime Lending Rate (BPLR) prevailing at the time of the switch. The scheme is available till December 31, 2011, with a condition that the first disbursement should be availed by the customer on or before January 15, 2012.

Further, the company said loans of up to Rs 30 lakh will have a fixed interest rate of 11.15 percent for a five-year period. Similarly, loans in the range of Rs 30 lakh to Rs 75 lakh will have fixed interest rates of 11.40 percent and Rs 75-150 lakh loans will attract 11.65 percent for a five-year period.

Following the launch of the new product, the company becomes the third lender to offer such a scheme. Earlier this week, country's biggest mortgage firm HDFC launched such product in the market while, ICICI Bank was the first to introduce a fixed home loan scheme last month, after SBI discontinued with it in April.

Brigade Enterprises' group has launched its high quality value homes project-Brigade Meadows- a 60+ acres integrated township. Brigade Meadows which is located next to 'Art of Living' campus, on Kanakapura Road is well connected to the rest of the city.

Brigade Meadows offers 3 apartment sizes - 1 BHK+ study of 700 sq ft, a 2 BHK of 900 sq ft and 3 BHK of 1150 sq ft. offering the resident's high value will be the amenities that include swimming pool, club house with gymnasium, games areas and parks. A hospital, school and shopping center is also proposed in the project. In the first phase, 1850 apartments will be developed with a launch price of Rs 19 lacs, Rs 24 lacs and Rs 31 lacs.

Brigade group is a leading real estate developer of India focused on the development of residential, commercial and hospitality properties in South India. Brigade is a successful, listed company that has completed over 100 projects, developing over 20 million sq ft of area since 1986.

Hindusthan National Glass tis currently trading at Rs. 193.20, up by 0.65 points or 0.34% from its previous closing of Rs. 192.55 on the BSE.

The scrip opened at Rs. 206.80 and has touched a high and low of Rs. 206.80 and Rs. 193.20 respectively. So far 2252 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 308.00 on 14-Jan-2011 and a 52 week low of Rs. 182.05 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 206.80 and Rs. 185.15 respectively. The current market cap of the company is Rs. 1681.70 crore.

The promoters holding in the company stood at 69.98% while Institutions and Non-Institutions held 7.58% and 22.43% respectively.

CARE has retained the ratings assigned to Hindusthan National Glass and Industries' long-term bank facilities amounting to Rs 2265.8 crore at 'AA+'. The credit rating agency has also reaffirmed the rating assigned to company's long-term/ short-term bank facilities amounting to Rs 200 crore at 'AA+/ A1+'.

CARE has also retained the rating of 'A1+' on company's Ongoing Short Term Debt. Meanwhile, the rating of 'A1+' has been retained for company's NCD-I aggregating Rs 100 crore, NCD-II aggregating Rs 25 crore. The credit rating agency has assigned the rating of 'AA+' for Hindusthan National Glass and Industries' NCD -III aggregating Rs 400 crore.

Uniflex Cables is currently trading at Rs 16.20, up by 0.35 points or 2.21% from its previous closing of Rs 15.85 on the BSE.

The scrip opened at its day's high of Rs 17.40 and has touched a low of Rs 14.50 respectively. So far 1768 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 23.10 on 21-Apr-2011 and a 52 week low of Rs 13.10 on 29-Aug-2011.

Last one week high and low of the scrip stood at Rs 17.40 and Rs 13.70 respectively. The current market cap of the company is Rs 39.59 crore.

The promoters holding in the company stood at 65.47% while Institutions and Non-Institutions held 0.01% and 34.52% respectively.

CARE has revised the rating for Uniflex Cables' long-term/ short term bank facilities aggregating to Rs 100 crore, reduced from earlier Rs 105 crore to 'CARE A+ (SO)' from 'CARE BBB+'.

The revision in the ratings takes into account the issue of unconditional and irrevocable corporate guarantee issued by the holding company, Apar Industries (AIL), for the timely servicing of the entire amount rated. The previous rating of CARE BBB+(SO)/ CARE A2 (SO) was based on the unconditional and irrevocable corporate guarantee to the tune of Rs 75 crore and letter of comfort for the balance Rs30 crore provided by AIL. The ratings however continue to be constrained by the raw material price risk and increasing competition in the industry.

Mahindra & Mahindra is currently trading at Rs. 796.30, up by 5.60 points or 0.71% from its previous closing of Rs. 790.70 on the BSE.

The scrip opened at Rs. 790.95 and has touched a high and low of Rs. 802.00 and Rs. 790.00 respectively. So far 72717 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 826.40 on 11-Nov-2010 and a 52 week low of Rs. 585.10 on 28-Feb-2011.

Last one week high and low of the scrip stood at Rs. 809.80 and Rs. 755.50 respectively. The current market cap of the company is Rs. 48546.99 crore.

The promoters holding in the company stood at 24.86% while Institutions and Non-Institutions held 46.22% and 22.54% respectively.

Mahindra & Mahindra (M&M), largest utility vehicle maker in India has launched 'New Bolero', Powered by the refined & peppy new m2DiCR Engine that combines the modern common rail engine technology along with the dependability and low operating cost of the DI engine, the New Bolero offers great drivability, high fuel efficiency and superior acceleration. It also incorporates new technology features like Digital Cluster with Driver Information System (DIS) and a digital Engine Immobilizer, all new stylish dashboard, new wood-finish central console and all-new seats and upholstery. The new generation Bolero, available in 3 variants - SLE, SLX & ZLX, starts at an attractive price of Rs 6.33 lakh (ex showroom Delhi, SLE BSIV variant).

Coal India Trades Higher On The Bourses (09-Sep-2011)

Coal India is currently trading at Rs. 392.40, up by 6.45 points or 1.67% from its previous closing of Rs. 385.95 on the BSE.

The scrip opened at Rs. 388.00 and has touched a high and low of Rs. 393.40 and Rs. 388.00 respectively. So far 37,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 422.30 on 31-May-2011 and a 52 week low of Rs. 287.45 on 04-Nov-2010.

Last one week high and low of the scrip stood at Rs. 393.40 and Rs. 375.50 respectively. The current market cap of the company is Rs. 2,47,854.00 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.91% and 2.09% respectively.

Coal India has offered to supply 447 million tones of coal to power utilities in current financial year subject to availability of wagons by the Railways at an average of 190.4 rakes per day during the year.

The total of 216 coal blocks with geological reserves of about 50 billion tones have been allocated to eligible public and private companies under the Coal Mines (Nationalisation) Act, 1973. Out of that, 24 coal blocks have been de-allocated. Out of de-allocated coal blocks, two coal blocks were re-allocated to eligible companies under the said Act.

In view of the above, the net allocated blocks are 194 coal blocks with geological reserves of about 44.44 billion tones. Out of these 28 coal blocks have come into production. The rest of the blocks are in various stages of development. Development of coal blocks involves gestation period of 3 to 7 years for reaching the production stage and another two to three years for reaching the optimal production capacity.

Recently, the company had announced that it is planning to achieve a 5% growth in production this fiscal against 431.32 million tonne (MT) output achieved in 2010-11, in spite of facing difficulties like delays in green nods.

Coal India is the largest coal producing company in the world, based on the company’s raw coal production of 431.26 million tons in fiscal 2010. As of March 31, 2010, the company operated 471 mines in 21 major coalfields across eight states in India, including 163 open cast mines, 273 underground mines and 35 mixed mines, which include both open cast and underground mines.

TD Power Systems debuted at Rs 251.60 on the BSE, down by 4.4 points or 1.72% from its issue price of Rs 256.

The scrip is currently trading at Rs 284.30, up by 28.30 points or 11.05% from its issue price and has touched a high and low of Rs 286.00 and Rs 251.60 respectively. So far 579863 shares were traded on the counter.

TD Power Systems, manufacturers of AC generators' issue was subscribed 2.92 times and the Company has fixed the issue price at Rs 256 per equity share, the lower end of the price band of Rs 256 to Rs 261. The Company will be using the net proceeds of the Issue to finance the expansion of its existing manufacturing plant in Dabaspet, Bangalore and for the construction of a project office in Bangalore. It also proposes to utilize part of the net proceeds to repay debt, fund working capital requirements.

TD Power Systems is one of the leading manufacturers of AC Generators with output capacity in the range of 1 MW to 52 MW for prime movers such as steam turbines, gas turbines, hydro turbines, wind turbines, diesel and gas engines. It focuses on manufacturing custom-designed generators for its customers who are based across the world. The company has been promoted by Nikhil Kumar, Hitoshi Matsuo, Mohib N. Khericha and Saphire Finman Services Private Limited.

Sumeet Industries is currently trading at Rs 28.30, up by 0.20 points or 0.71% from its previous closing of Rs 28.10 on the BSE.

The scrip opened at Rs 28.20 and has touched a high and low of Rs 28.45 and Rs 28.20 respectively. So far 3411 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 46.40 on 22-Jul-2011 and a 52 week low of Rs 21.05 on 10-Dec-2010.

Last one week high and low of the scrip stood at Rs 28.70 and Rs 26.15 respectively. The current market cap of the company is Rs 163.79 crore.

The promoters holding in the company stood at 44.11% while Institutions and Non-Institutions held 13.65% and 42.24% respectively.

Credit rating agency, ICRA has assigned BBB rating to the Rs 3.66 crore term loans, Rs 133.50 crore external commercial borrowing facilities and Rs 57.00 crore cash credit facility of Sumeet Industries (SIL). The outlook for the rating is stable. The rating agency has also assigned an A3+ rating to the Rs 180.00 crore, short-term, non-fund based facilities of the company.

The assigned ratings takes into account the rich experience of the promoters; established market presence in the polyester yarn segment; partially-integrated manufacturing facility; steady growth in the turnover in the past with stable operating profitability and satisfactory financial risk profile as evidenced from comfortable liquidity position as well as debt and interest coverage indicators.

Sumeet Industries is mainly engaged in the business of manufacturing of PET Chips, Polyester Filament Yarn (POY and FDY) and Polypropylene Multifilament Yarn (PPMFY). The company is also recognized as an Export House by the Government of India.

Meanwhile, the BSE Sensex was down 100.08 points, or 0.60% to 16,613.25.

On BSE, 69,795 shares were traded in the counter as against an average daily volume of 5.42 lakh shares in the past one quarter.

The stock hit a high of Rs 97.20 and a low of 95.90 so far during the day.

Before turning ex-dividend, the stock offered a dividend yield of 1.28% based on the closing price of Rs 97.45 on Monday, 5 September 2011.

Power Grid Corporation of India's net profit rose 0.3% to Rs 705.29 crore on 10.2% increase in net sales to Rs 2202.49 crore in Q1 June 2011 over Q1 June 2010.

Lumax Industries is currently trading at Rs. 316.25, up by 0.90 points or 0.29% from its previous closing of Rs. 315.35 on the BSE.

The scrip opened at Rs. 310.05 and has touched a high and low of Rs. 319.40 and Rs. 310.05 respectively. So far 32844 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 417.00 on 13-Jan-2011 and a 52 week low of Rs. 250.00 on 09-Dec-2010.

Last one week high and low of the scrip stood at Rs. 339.00 and Rs. 310.05 respectively. The current market cap of the company is Rs. 294.78 crore.

The promoters holding in the company stood at 73.68% while Institutions and Non-Institutions held 1.01% and 25.31% respectively.

In a bid to set up three greenfield facilities and expand the capacity of its existing unit by next year, Lumax Industries will invest Rs 150 crore. The company is setting up the new plants in Haryana, Karnataka and Gujarat.

The company will also expand its existing facility in Maharashtra by the end of this year. Following this expansion exercise and new facilities coming up, the company will have another 2.5 million units capacity. Presently, the company’s annual production capacity is 4 million units.

Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which include stellar quality head lamps and tail lamps, sundry and auxiliary lamps and other related products and accessories for two-wheelers and four-wheelers such as trucks, buses, earth-movers, tractors and a variety of diverse application.

Ashok Leyland is currently trading at Rs. 25.95, up by 0.05 points or 0.19% from its previous closing of Rs. 25.90 on the BSE.

The scrip opened at Rs. 25.70 and has touched a high and low of Rs. 26.00 and Rs. 25.50 respectively. So far 1,06,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 40.95 on 08-Nov-2010 and a 52 week low of Rs. 22.50 on 19-May-2011.

Last one week high and low of the scrip stood at Rs. 26.00 and Rs. 24.90 respectively. The current market cap of the company is Rs. 6,904.00 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 30.11% and 17.85% respectively.

India's second largest commercial vehicle maker, Ashok Leyland's total vehicle sales in August fell 3.5 percent to 7,218 from 7,480 vehicles a year ago. Domestic sales fell to 6,168 from 6,705 vehicles, while exports rose to 1,050 from 775 vehicles.

Recently, Ashok Leyland reported a 16% jump in sales during July. In July 2011 the company registered sales of 7,834 units, up 16% compared to 6,747 units in the corresponding month of the previous year. Total sales for April-July 2011 period marginally dipped to 27,111 units as against 28,147 units during the same period of last year.

In the domestic market total sales in July 2011 were 6,774 units as against 6,022 units in the same month last year, while exports grew by 46% to 1,060 units in July from 725 units in July 2010. Total sales of vehicles in the domestic market during the April-July 2011 dipped to 23,512 units as against 25,482 units in the comparable period of last year. Exports from April to July 2011 soared to 3,599 units from 2,665 units in the same period of last year.

Bajaj Auto is currently trading at Rs. 1605.05, up by 32.05 points or 2.04% from its previous closing of Rs. 1573.00 on the BSE.

The scrip opened at Rs. 1589.00 and has touched a high and low of Rs. 1624.00 and Rs. 1585.65 respectively. So far 23427 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1664.50 on 25-Nov-2010 and a 52 week low of Rs. 1189.60 on 09-Feb-2011.

Last one week high and low of the scrip stood at Rs. 1624.00 and Rs. 1492.25 respectively. The current market cap of the company is Rs. 45517.43 crore.

The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 23.90% and 26.01% respectively.

Bajaj Auto, the country's second largest two wheeler maker reported its highest ever monthly sales at 3,82,379 units for August, 2011 against 3,29,364 units in the corresponding month last year recording jump of 16%. The sales of Motorcycle stood at 338,054 units during the month, as against 289,176 in August last year, translating into a 17% increase.

The commercial vehicle sales amounted to 44,685 units last month, as against 40,188 units in the same period last year, up 11%. Exports grew by 40% during July this year to 138,225 units from 98,578 units in the same month last year.

Bajaj Auto's profit for the quarter ended June 30, 2011 rose 20.49% at Rs 711.06 crore as compared to Rs 590.15 crore for the corresponding quarter last year. Its net sales has grown by 22.73% at Rs 4586.91 crore for the quarter under review from Rs 3737.29 crore for the same quarter last year.

For the second time in one month, state-owned oil firms on Thursday cut jet fuel, or ATF, price in line with softening of rates in the international markets. Aviation Turbine Fuel (ATF) price at Delhi's T3 airport was cut by R429 per kilolitre (kl), or 0.75%, to Rs 56,260 per kl from Thursday.

Kingfisher Airlines is currently trading at Rs 26.35, up by 0.80 points or 3.13% from its previous closing of Rs 25.55 on the BSE. The scrip opened at Rs 26.00 and has touched a high and low of Rs 26.60 and Rs 25.75 respectively. So far 256201 shares were traded on the counter.

Jet Airways (India) is currently trading at Rs 284.80, up by 10.80 points or 3.94 % from its previous closing of Rs 274.00 on the BSE. The scrip opened at Rs 279.50 and has touched a high and low of Rs 287.50 and Rs 274.05 respectively. So far 279000 shares were traded on the counter.

Spicejet is currently trading at Rs 24.55, up by 1.60 points or 6.97% from its previous closing of Rs 22.95 on the BSE. The scrip opened at Rs 23.45 and has touched a high and low of Rs 24.65 and Rs 23.45 respectively. So far 2301473 shares were traded on the counter.

Sanghvi Forging and Engineering has bagged two orders worth Rs 10 crore. The company has bagged the first order from the Oil & Gas sector. The estimate value of the project is Rs 4.50 crore and is expected to be completed in the period of next 12 months. The second order is from the Ship Building sector. The estimate value of the project is Rs 5.50 crore and is also expected to be completed in the period of next 12 months.

The coming years promises to be exciting for the company and is thrilled to have contracted orders in two diverse sectors. The company is also looking forward to the challenge of successful and timely execution of both orders.

Sanghvi Forging and Engineering manufactures forged flanges, forgings and machined components for various industries like oil & gas, fertilizers, power, desalination & water treatment, ship building, defence, fabrication of process equipments, instrumentation etc. It is also capable of manufacturing both standardized as well as customized products.

Credit rating agency, CARE has reaffirmed 'A1+' rating assigned to the Commercial Paper (CP) carved out of working capital of Indian Hume Pipe Company (IHP) for Rs 40.00 crore. The agency has also reaffirmed'A1+' rating assigned to the Short-term Debt / Commercial Paper (standalone) of the company for Rs 30.00 core.

The ratings continue to derive strength from the long and satisfactory track record of the company, experienced management, moderate gearing level, revenue visibility in the medium term and expected growth in irrigation infrastructure across various States. Ability of the company to geographically diversify its order book, maintain its profitability and efficiently manage its working capital cycle are the key rating sensitivities.

Indian Hume Pipe Company primarily undertakes contracts for erection, fabrication and commissioning of water supply and sewerage schemes. Initially, IHP used to manufacture pipes on contract basis. Subsequently, the company started with executing pipe laying contracts as well. Majority of the clients of IHP consist of various state and central government agencies.

British energy giant, BP has completed the acquisition of 30 percent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance Industries (RIL) operates in India, including the producing KG D6 block. BP will pay RIL an aggregate consideration of $7.2 billion subject to completion adjustments for the interests to be acquired in the 21 production sharing contracts. Further performance payments of up to $1.8 billion could be paid based on exploration success that results in development of commercial discoveries.

This significant step will commence the planned alliance which will operate across the gas value chain in India, from exploration and production to distribution and marketing. The completion of the deal delivers one of the largest ever foreign direct investments into India. The two companies will also form a 50:50 joint venture for the sourcing and marketing of gas in India which will also accelerate the creation of infrastructure for receiving, transporting and marketing of natural gas.

Bharat Petroleum Corporation (BPCL) is planning to set up a land-based liquefied natural gas (LNG) terminal at Maharashtra and Karnataka which will have a capacity of 5-6 mt. In this regard, the company will invest about Rs 4,500 crore. The company may go for a partner and invest around Rs 2,500 crore or go on their own to set up the terminal.

In FY2010-11, the company announced five oil and gas discoveries in Mozambique, Brazil and Indonesia, from exploration blocks where the company's wholly-owned subsidiary, Bharat PetroResources (BPRL) had participating interest.

At present, the company markets one million tonnes re-liquefied natural gas (RLNG) per annum from Dahej (Gujarat) and is expected to market two million tonnes from the upcoming Kochi LNG terminal.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

IndusInd Bank has inaugurated three more branches in Mumbai, taking the total number of branches to 26 in the metropolis including branches in Thane, Kalyan and Navi Mumbai. The said branches are located at Bandra (West), Bandra (East) and Lower Parel.

The first branch is located at 1st Floor, Municipal market, Near Mehboob Studio, 17, Hill Road, Bandra West, Mumbai - 400 050. The second branch is located at Bharat Diamond House (BDH) (Nabard side gate) C-2, G Block, Bandra Kurla Complex, Bandra East, Mumbai - 400 051 and the third branch is located at Ground Floor, Raghuvanshi Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai 400 013.

With the inauguration of these branches, the banks innovative products and services will be made available to a larger audience of Mumbai. During the current financial year, the bank will focus on distribution, branch expansion and providing universal banking solutions to the customers.

Recently, IndusInd Bank had launched an innovative mobile banking application, called IndusMobile, which will give customers a greater ease of use and a higher degree of convenience, through an intuitive and design rich interface. IndusMobile will allow the customers to bank anytime anywhere through their mobile phone.

Religare Enterprises, Indian financial services provider is eyeing banking licence under recently released draft guidelines issued by Reserve Bank of India (RBI). The company has set up an advisory panel that would support management's effort in seeking licence.

Suman Bery, a former special consultant to the central bank, and Kiran Karnik, former president of India's software services association NASSCOM, have joined the advisory panel and the company is expecting more people to join the panel. The company is confident that it would qualify on all the key norms laid out for new banking licence.

The Reserve Bank of India (RBI) on August 29 released the much awaited draft guideline for the New Banking Licenses. In a statement RBI stated that it has sought views/comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large. Some of the big corporate houses such as Tata, the Aditya Birla Group, Anil Ambani-led Reliance Group, Bajaj Financial Services and Shriram Finance are expected to apply for the new banking license.

Religare Enterprises (REL) is engaged in providing financial products and services. REL provides services across three segments namely retail, institutional and wealth.