GOLDEN RULES FOR TRADING

FREE DAILY STOCKS ALERT - 31.07.2013

* ALSTON INDIA: Has posted net profit of 269.7 mln rupees in Apr-Jun, up 109% on year, and net sales of 5.37 bln rupees, up 22% on year.

* BAYER CROPSCIENCE: Board of Directors has approved a plan to sell its manufacturing unit at Ankleshwar in Gujarat .

* BANK OF INDIA : The bank is buying office space in Delhi at Connaught Place from Standard Chartered Bank for 1.25 bln rupees.

* CHETTINAD CEMENT: Securities and Exchange Board of India has revoked orders passed against directors and promoters of company for non-compliance of 25% public float requirement.

* CIPLA: The Delhi High Court Friday asked the Centre not to take coercive steps against the pharmaceutical company till the next hearing, pertaining to pricing of its drugs.

* CLARIANT CHEMICALS INDIA : Plans to sell assets of its unit at Kolshet in Thane.

* COAL INDIA: The government has decided to cut divestment target for the company to 5% from 10% aimed earlier after talks with trade unions.

* CROMPTON GREAVES: Company has bought back 539,833 shares worth 46.9 mln rupees between Jul 16-Jul 30 via buy back offer from the open market.

* DR REDDY's LABORATORIES: Is looking to increase product pipeline in rare, complex and limited competition products going forward.

* EID PARRY INDIA : Posted net loss of 723.1 mln rupees in Apr-Jun, compared with 224.7 mln rupee profit year ago. Net sales were at 4.03 bln rupees, down 30% on year.

* GODREJ PROPERTIES: Market regulator SEBI has sought clarifications from the company on its proposed 7 bln rupee rights issue.

* HINDALCO: The Company has refinanced loans worth 47 bln rupees from STATE BANK OF INDIA and AXIS BANK for its Utkal alumina project.

* IFCI: Apr-Jun net profit declined 41% YoY to 551 mln rupees. Net sales declined 17% to 5.4 bln rupees.

* JET AIRWAYS: The airline is introducing fee for pre-selection of certain seats in economy class on international flights operated by Boeing 737 aircraft.

* JINDAL STEEL & POWER: Posted net profit of 4.94 bln rupees in Apr-Jun, up 28.3% on year and net sales of 44.91 bln rupees, down 4.1% on year.

* KOKUYO CAMLIN: Plans to raise up to 1.09 bln rupees through 14-for-29 rights issue of shares at 33 rupees each.

* MARUTI SUZUKI INDIA : Will make a capital investment of around 35 bln rupees this financial year in an effort to strengthen its market leadership.

* NATIONAL FERTILIZERS: The Empowered Group of Ministers has approved 27 rupees per share as the base price for 7.64% stake sale in the company through offer for sale mechanism.

* NEYVELI LIGNITE: The Empowered Group of Ministers is likely to meet and fix the price band for selling 3.56% government stake in the company through institutional placement method.

* NTPC: Board has approved 33.63-bln-rupee Feroze Gandhi Unchahar Thermal Power Project in the State of Uttar Pradesh .

* PETRONET LNG: Has posted net profit of 2.25 bln rupees in Apr-Jun, down 16.8% on year and net sales of 83.77 bln rupees, up 19.8% on year. Plans to offer up to 18% stake in Gangavaram terminal project to a strategic partner.

* POWER FINANCE CORP: Enquiries have been initiated against chairman and managing director of company, Satnam Singh, pertaining to loans extended to SUZLON ENERGY and to VIDEOCON INDUSTRIES.

* RICOH INDIA: Plans to invest 2.5 bln rupees on expansion in India .

* SHREE CEMENT: Apr-Jun net profit declined 19% YoY to 2.84 bln rupees. Net sales were almost flat at 14.4 bln rupees.

* SREI INFRASTRUCTURE FINANCE: Will raise 1 bln rupees through a public issue of non-convertible debentures maturing in three and five years.

* TECHNO ELECTRIC & ENGINEERING CO: Looking at raising significant sum from leading private equity funds to ramp up its wind power capacity from 207MW to 800 MW by 2020.

* TRENT : Has posted net profit of 173.5 mln rupees in Apr-Jun, up 35.9% on year and net sales of 2.41 bln rupees, up 16.6% on year.

* TVS MOTOR CO: Is planning to launch two motorcycles in Kenya over the next two quarters. It has commissioned an assembly line at Nakuru in the African country.

* USHA MARTIN: Posted net profit of 40.9 mln rupees in Apr-Jun, up 17.9% on year and net sales of 9.29 bln rupees, up 9.8% on year.

* WIPRO: The Company has proposed to set up telecom equipment and product security test and certification centre, to be operational by Oct 1.

* YES BANK: The Reserve Bank of India is studying on-going promoter dispute at the bank, and will look into the issues if needed.

* ZENITH INFOTECH: Bombay High Court has admitted winding up petition filed by foreign lenders against the company. The court has also appointed Shalil Shah as provisional liquidator.