2014,

Stock in Focus - 12th March'2014

3/12/2014 Youth Apps 0 Comments

Trading Tips & Focus Stock for Today

Reliance Industries Ltd: 

Final hearing commenced in the Supreme Court today on the pleas challenging the government decision to double the price of natural gas and seeking cancellation of Reliance Industries Ltd's contract for exploration of oil and gas from the Krishna-Godavari basin. 

Jet Airways Ltd: 

The Rs.2,060-crore Jet-Etihad deal seems to have hit a fresh round of regulatory turbulence, with the Abu Dhabi carrier rejecting any obligation to make an open offer for minority shareholders of the Indian carrier. 

The Indian Hotel Company Ltd: 

The country's largest chain in the segment, will make a Rs 500-crore impairment provisioning on its investments, even as it continues to feel the heat of depressed market conditions, said media reports. 

ONGC: 

ONGC's giant gas field in Mozambique holds 45 to 70 trillion cubic feet (tcf) of recoverable reserves, 28 per cent more than the minimum estimated resources when it invested USD 4.12 billion. 

Maruti Suzuki Ltd: 

Sebi has stepped into the dispute between Maruti Suzuki India and local institutional shareholders, the fund houses have hardened their stand while the automaker has spelt out its position to Sebi. 

Unitech Ltd: 

Life insurance major LIC today said real estate developer Unitech's Rs 200-crore loan account continues to remain sub-standard and it will pursue all options to recover the money. 

REC Ltd: 

Rural Electrification Corp (REC) is in talks with Germany's KfW for raising money to provide funding for renewable energy projects. 


Jindal Steel & Power Ltd: 

Jindal Power, a company promoted by Jindal Steel & Power Limited (JSPL), has commissioned the first 600-MW unit of an expansion scheme to existing 1,000 MW power plant in Chhattisgarh. 


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