GOLDEN RULES FOR TRADING

FREE DAILY STOCKS ALERT - 14.05.2013


* AMTEK AUTO: Jan-Mar net profit quadrupled on year to 2.45 bln rupees while net sales declined 6% to 5.5 bln rupees.

* ASHOK LEYLAND: Has hired consulting firms McKinsey and Co and Boston Consulting Group to help improve its performance.

* BHARTI AIRTEL: Has got the approval of Uganda Communications Commission for the proposed buyout of Warid Telecom Uganda from the Warid Group.  The company and Loop Mobile have moved the Delhi High Court seeking extension of their metro area licences that are due for renewal in 2014.

* CAIRN INDIA: Plans to drill 48 wells at a cost of about $100 mln on the Mangala oilfield in the Rajasthan block to extend the current production plateau.

* COAL INDIA: The company's capital expenditure for the current financial year to March is likely to be 40-45% higher than the previous year.

* DENSO INDIA: Japan 's Denso Corp has fixed a floor price of 59.70 rupees for delisting its Indian arm, Denso India , from the stock exchanges.

* EICHER MOTORS: Reported a 114.43% on year increase in its Jan-Mar net profit to 972 mln rupees helped by strong sales of its marquee brand, Royal Enfield motorcycles.

* GAIL ( INDIA ): Is understood to have quoted $21 per mmBtu for supplying regasified liquefied natural gas to fertiliser units, much above the $8.5 per mmBtu prescribed by the C. Rangarajan Committee.

* INDIA INFOLINE: SEBI has warned the brokerage after it detected violation of certain norms and irregularities in surveillance and statutory requirements for brokers.

* INDIAN OIL CORP:  Following the company's plea, Supreme Court has stayed proceedings in five high courts on the petitions against government's decision to introduce dual pricing of diesel.

* JAGATJIT INDUSTRIES: Promoter Karamjit S. Jaiswal will sell 1.73 mln shares of the company via an offer for sale on Wednesday.

* JET AIRWAYS ( INDIA ): Has started charging for advance reservation of seats in economy class on all international routes operated by Boeing 737 aircraft from early May.

* KNR CONSTRUCTIONS: Arm KNR Walayar Tollways has achieved financial closure of its project for four-laning of a 53.89-km stretch on NH-47 in Kerala.

* NETWORK18 MEDIA & INVESTMENTS: Reported net profit for the second straight quarter in Jan-Mar helped by a sharp fall in expenses.

* NMDC: Produced 27 mln tn of iron ore during 2012-13, reflecting a marginal dip in total ore production by the company.

* OIL AND NATURAL GAS CORP: The company and energy major Shell are exploring the possibility of a strategic tie-up to jointly bid for global oil and gas assets. The company and OIL INDIA have asked the government to cut the discounts they must give refiners on crude purchases as oil prices have softened.

* OIL INDIA: Department of Forest of Andhra Pradesh has given the company the go-ahead for exploration in KG-ONN-2004/1 block near Krishna-Godavari basin.

* PETRONET LNG: Has floated a global tender inviting bids from engineering, procurement, and construction contractors for its proposed liquefied natural gas terminal at Gangavaram in Andhra Pradesh.

* POLY MEDICURE: Board has approved 1-for-1 bonus issue of shares.

* RANBAXY LABORATORIES: Has agreed to pay $500 mln to settle fraud allegations made in a whistleblower's lawsuit and federal criminal charges that the company sold adulterated drugs and lied about it to US regulators.

* RASHTRIYA CHEMICALS AND FERTILISERS: Jan-Mar net profit increased 3.5% on year to 1.17 bln rupees while net sales declined 12.5% to 21.7 bln rupees.

* RELIANCE INDUSTRIES: Has withdrawn money from bank deposits and expanded investment in mutual funds by 13 times to 134.58 bln rupees in 2012-13 (Apr-Mar) as against 11.01 bln rupees in the previous year.

* S MOBILITY: Board has approved sale of mobile handset business of the company to arm Spice Retail via slump sale at book value.

* SHRIRAM EPC: Its water management division has bagged an order worth 1.26 bln rupees from the Chennai Metropolitan Water Supply and Sewerage Board.

* SPICEJET: Is likely to soon place an order for 30 to 40 new Boeing 737 MAX aircraft, as well as firm up operations for 15 Bombardier Q400 planes.

* SYNDICATE BANK: Is planning to raise up to $500 mln via medium term notes in 2013-14 (Apr-Mar).

* TANFAC INDUSTRIES: The Aditya Birla group has put its 25% stake in the fluorine chemicals company on the block after the latter's operations faced heavy losses.

* TATA STEEL: Worsening macroeconomic environment in Europe and shrinking demand in the continent have forced the company to take a hit of $1.6 bln on its consolidated books on impairment of goodwill and assets.

* TATA TELESERVICES MAHARASHTRA : Jan-Mar net loss narrowed to 1.15 bln rupees, from 1.23 bln rupees a year ago.

* TV18 BROADCAST: Has posted a consolidated net profit of 173.04 mln rupees in Jan-Mar against a loss of 334.06 mln rupees in the year-ago period.

* UNITED SPIRITS: The company and UNITED BREWERIES have been handed show cause-cum-demand notices for allegedly evading service tax of 910 mln rupees.