GOLDEN RULES FOR TRADING

DAILY STOCKS ALERT - 05.06.2013

* ADANI PORTS AND SPECIAL ECONOMIC ZONE: The company's institutional placement programme got bids for 150.15 mln shares against issue size of 66.66 mln.

* AXIS BANK: International Finance Corp signed an agreement to support the bank's trade finance business by providing partial or full guarantees for payment risks faced by the bank's exporter clients.

* BANK OF BARODA : Announced a single rate of interest on its home loans for customers across tenures and amounts with effect from Jun 1.

* BHARTI AIRTEL: Has submitted its final technical bid for a licence in Myanmar .

* ESCORTS: Has signed a memorandum of understanding with STATE BANK OF INDIA to provide financial assistance through the company's agricultural service infrastructure venture called Escorts Crop Solutions.

* GLAXOSMITHKLINE PHARMACEUTICALS: Said that report stating the parent would increase stake in the company via an open offer is speculative.

* HMT: Plans to raise 4.43 bln rupees by issuing preference shares to the government.

* INFOSYS: V. Balakrishnan has been appointed chairman of newly acquired Lodestone Holding AG.

* JET AIRWAYS: Has issued clarification to the Competition Commission of India regarding stake sale deal with Etihad Airways.

* NEYVELI LIGNITE CORP: Cabinet has deferred decision on divestment of stake in the company.

* PARSVNATH DEVELOPERS: The Board of Approval on Special Economic Zone will consider the request of its arm Parsvnath Infra for de-notification of its special economic zone on Jun 12.

* PRAKASH STEELAGE: Plans to foray into trading, import, and export of steel and steel products through its arm.

* RELIANCE INDUSTRIES: Fitch Ratings has affirmed the company's long-term foreign currency issuer default rating at 'BBB-', and long-term local currency issuer default rating at 'BBB'. The Board of Approval on Special Economic Zone will consider the request of Reliance Haryana SEZ for de-notification of its SEZ on Jun 12.

* SADBHAV ENGINEERING: Sees 2013-14 standalone revenue at around 25 bln rupees, and is eyeing at least 32 build-operate-transfer projects as potential business.

* SUN PHARMACEUTICAL INDUSTRIES: Has received final approval from the US Food and Drug Administration for its abbreviated new drug application for the generic version of Depo-Testosterone injection.

* SUNDARAM CLAYTON: Has set a floor price of 297.5 rupees per share for its proposed 1.26-mln-share institutional placement programme on Friday.

* TATA CONSULTANCY SERVICES: The company may announce job cuts of up to 290 employees in Finland on Jun 18 after completing the final round of negotiations with the employees' representatives of its units there.

* TATA STEEL: Is cutting jobs and eyeing coking coal assets to boost profitability.

* TTK PRESTIGE: To issue 300,000 shares to Mauritius-domiciled Cartica Capital Ltd on preferential basis at 3,550 rupees each.