GOLDEN RULES FOR TRADING

FREE DAILY STOCKS ALERT - 08.11.2013

* CUMMINS INDIA: Has posted Jul-Sep net profit of 1.45 bln rupees, down 10% on year and net sales of 9.14 bln rupees, down 14.5% on year. 

* EICHER MOTORS: Has posted Jul-Sep consolidated net profit of 1.07 bln rupees, up 62.75% on year and net sales of 16.62 bln rupees, up 12.98%. 

* FINANCIAL TECHNOLOGIES ( INDIA ): The Economic Offences Wing of Mumbai Police has started attaching properties of defaulters and others named in the First Information Report in the arm National Spot Exchange's case. 

* GVK POWER AND INFRASTRUCTURE: In talks with financial institutions to sell minority stake in its airport and road businesses. 

* HERO MOTOCORP: Appointed Rajat Bhargava as head of strategy and performance transformation and Marcus Feichtner as the head of the newly-created division of engine design and development. 

* HSIL: Jul-Sep net profit more than halved on year to 91.3 mln rupees from 205 mln rupees last year. 

* INDIAN HOTELS: The Delhi High Court has postponed the hearing of the company's suit against the proposed auction of The Taj Mansingh in Delhi . 

* INGERSOLL-RAND INDIA : Jul-Sep net profit was up 12.09% on year at 186.40 mln rupees, compared with 166.30 mln rupees last year. 

* JET AIRWAYS: A home ministry official said the Jet-Etihad deal was likely to get approval.

* KANORIA CHEMICALS & INDUSTRIES: Jul-Sep net profit was up four-fold on year to 115.6 mln rupees, compared with 23.1 mln rupees. 

* KOTAK MAHINDRA BANK: Standard & Poor's has assigned BBB- long-term credit rating to the bank with negative outlook. 

* MARUTI SUZUKI INDIA : Vehicle production in October fell by 5.5% on year to 101,433 units. 

* MOIL: Has posted Jul-Sep net profit of 905.65 mln rupees, down 16.65% on year and net sales of 2.27 bln rupees, down 1.17% on year. 

* OIL AND NATURAL GAS CORP: Company has alleged that Niko Resources has drawn gas from its neighbouring gas field called Olpad. 

* ORIENT REFRACTORIES: Jul-Sep net profit was up 26.98% on year at 133.63 mln rupees, and net sales were up 6.66% on year at 970.37 mln rupees. 

* POWER GRID CORP OF INDIA : The Cabinet Committee on Economic Affairs has approved the proposal for a follow-on public offer of state-owned company. 

* PRESTIGE ESTATES PROJECTS: Has posted Jul-Sep net profit of 776.2 mln rupees, down 69.9% on year and net sales of 4.72 bln rupees, down 111.5% on year. 

* RADICO KHAITAN: Has posted Jul-Sep net profit of 173.2 mln rupees as compared to 220.6 mln rupees last year. 

* REDINGTON ( INDIA ): Plans to sell either in part or wholly its investment in its arm Easyaccess Financial Services to Harrow Investment Holding, Mauritius . Jul-Sep net profit was up 4.32% on year at 760.7 mln rupees, while sales of the company were up 13.9% on year at 66.7 bln rupees. 

* RELIANCE COMMUNICATION: Amit Das from RPG Enterprises may join the company as its human resource head. 

* RELIANCE INDUSTRIES: A parliamentary committee has asked the oil ministry to declare the company a 'defaulter' for the fall in gas output from the KG-D6 block. 

* SPICEJET: Has posted Jul-Sep net loss of 5.6 bln rupees as compared to 1.6 bln rupees loss year ago. 

* SUN PHARMACEUTICAL INDUSTRIES: Drug Controller General of India has asked the company to suspend clinical research at its bio-analytical laboratory in Mumbai. 

* TATA POWER: The Maharashtra Electricity Regulatory Commission has ordered the transfer of RELIANCE INFRASTRUCTURE'S 790,000 low-end customers to the company. 

* TECH MAHINDRA: Jul-Sep consolidated net profit rose 4.7% on quarter to 7.18 bln rupees, while the income from operations rose 16.3% sequentially. 

* TV TODAY: Jul-Sep net profit was at 128.34 mln rupees, compared with a net loss of 91.54 mln rupees last year. 

* UNITED BREWERIES: Has posted Jul-Sep net loss of 185.7 mln rupees as compared to profit of 342.0 mln rupees year ago. 

* WANBURY: Spanish Arm Cantabria Pharma has filed petition for voluntary insolvency in the Commercial Courts of Madrid on Nov 4.