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Buzzing Stocks

Rallis India jumps 7% on strong Q4 earnings, volumes rise Its March quarter consolidated net profit increased 71.4 percent to Rs 19.3 crore from Rs 11.26 crore in the same period last year. The Tata group firm’s revenues grew 16.3 percent to Rs 331.46 crore on a quarterly basis.
Wed, 23 Apr 2014 13:00:25 +0530
Lupin gains on JV agreement with Japanese company Yoshindo Investors continued to buy shares of drug maker Lupin on Wednesday after the company has entered into a strategic joint venture agreement with Toyama-based Japanese pharmaceuticals company, Yoshindo Inc to create a new entity, YL Biologics (YLB).
Wed, 23 Apr 2014 11:50:52 +0530
Mangalore Chemical up 17% on open offer by Deepak Fert Investors are lapping up shares of Mangalore Chemicals and Fertilisers (MCF) on Wednesday after Deepak Fertilisers and others have made an open offer for acquisition of further 26 percent stake in the company. The stock rallied as much as 16.7 percent intraday.
Wed, 23 Apr 2014 10:34:07 +0530
Shasun Pharma up 14%, hits 52-week high on API supply buzz The latest indication of these drugs going off patent is that one of the molecules Sevelamer Carbonate or Renvela saw US-based Impax launch the authorised generic version of the drug a few days ago.
Tue, 22 Apr 2014 13:52:36 +0530
Novartis India soars 20% as parent co revamps drug business Novartis said it had agreed to acquire GSK's oncology products for a USD 14.5 billion payment. The Swiss drugmaker will also divest its vaccines business, excluding flu, to GSK for USD 7.1 billion plus royalties.
Tue, 22 Apr 2014 13:03:21 +0530
Glenmark falls 4% on Tarka patent; brokerages still bullish Glenmark says it is disappointed with the decision and is considering options. Glenmark will pay a penalty of USD 16 million dollars and this is likely to impact the company's first quarter FY15 profits by approximately 8.6 percent.
Tue, 22 Apr 2014 12:55:56 +0530
Gujarat Gas falls 6.5% on merger plan between co and 4 arms Investors are offloading shares of Gujarat Gas on Tuesday after the board of directors of the company on Monday approved the amalgamation between the company and its four subsidiaries.
Tue, 22 Apr 2014 11:57:33 +0530
HEG surges 5% on strong growth in Q4 bottomline  revenue Shares of HEG, the graphite electrodes manufacturer and exporter, rallied more than 5 percent intraday to touch a 52-week high of Rs 256.95 on strong numbers in January-March quarter.
Tue, 22 Apr 2014 10:58:10 +0530
ILFS Engg hits 52-wk high, up 10% on Rs 268 cr order The scope of work involves the construction of road drainage works including excavation, steel reinforcement, concrete works, erection, and backfilling.
Tue, 22 Apr 2014 10:26:09 +0530
South Indian Bank gains 5.5%, RBI lifts ban on FIIs buying Shares of South Indian Bank gained as much as 5.5 percent intraday on Tuesday after the Reserve Bank of India has lifted ban on share purchases by foreign institutional investors.
Tue, 22 Apr 2014 10:04:39 +0530
Sesa Sterlite up 8%, SC lifts iron ore mining ban in Goa Shares of Sesa Sterlite rallied as much as 7.5 percent intraday on Monday after the Supreme Court has lifted iron ore mining ban in Goa.
Mon, 21 Apr 2014 15:23:22 +0530
Natco Pharma up 13%, US denies Teva stay on Copaxone launch Teva is the innovator of the multiple sclerosis drug Copaxone. Natco's launch of the drug was expected in May 2014.
Mon, 21 Apr 2014 13:49:25 +0530
Banking stocks gain on bond rally, earnings hopes A rally in bonds after the RBI fully sold the Rs 20000 crore (USD 3.31 billion) worth of debt on offer on Thursday sparking gains in banks, while hopes of sturdier earnings also help.
Mon, 21 Apr 2014 12:40:25 +0530
ALSTOM India up 3%, gets euro 30 mn order from BHEL Investors continued to buy shares of ALSTOM India on Monday after the company has received a contract worth approximately euro 30 million from Bharat Heavy Electricals (BHEL) for supplying components and services for the 2x660 MW Banharpalli Super Thermal Power Project (STPP) located in Jharsaguda, Orissa.
Mon, 21 Apr 2014 11:58:39 +0530
AstraZeneca, Pfizer jump 3-6% on acquisition buzz US pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a 60 billion pound (USD 101 billion) takeover, the Sunday Times reported on Sunday.
Mon, 21 Apr 2014 11:56:07 +0530
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Politics

The Election Commission of India (ECI) has opened polling stations at most of the villages irrespective of their population.
Addressing her first election rally in Gujarat, Sonia Gandhi tore into Modi's much-touted Gujarat "development model".
Congress spokesperson Anand Sharma said that the law was very clear that there cannot be canvassing on the polling day.
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India

Congress star campaigner Priyanka Gandhi will tour the Lok Sabha constituency of her brother Rahul for two days from April 26. During her visit, she will hold roadshows and address meetings at several places, Chandrakant Dubey, representative of the Congress Vice-President said on Wednesday.
Addressing her first election rally in Gujarat, Sonia Gandhi tore into Modi's much-touted Gujarat "development model".
Congress spokesperson Anand Sharma said that the law was very clear that there cannot be canvassing on the polling day.
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Tech

Infosys founder and Chairman N R Narayan Murthy and Google senior vice president Amit Singhal will provide keynote remarks during the two-day event.
Nokia will operate the Chennai factory as a contract manufacturing unit for Microsoft after the deal.
Gender bias may be real on Twitter as conversations among men on the social networking website feature fewer mentions of women, a new study has found.
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