Stock Market

Stocks in news: ONGC, BEL, Brigade, GNA, Dilip, Welspun India

Here are stocks that are in news today:

Dilip Buildcon
-Bags order worth Rs 613 crore from NHAI, to be completed within 30 months
-Bags order worth Rs 350 crore from MORTH (Ministry of Road Transport and Highways), to be completed within 24 months

C Mahendra Exports
-Bank of Baroda takes possession of 5 properties of 12 mortgaged to bankers
-Bankers in process of taking over balance properties
-CEO & CFO Mehul Jain resigns with immediate affect

-Issued commercial papers worth Rs 200 crore to HDFC Bank
-To set up 1.3 mtpa urea plant in Iran

-Gets shareholder nod to appoint SN Subramanyan as deputy MD & president
-Gets shareholder nod to raise funds via bonds or qualified institutional placement (QIP) for up to Rs 3,600 crore
-Gets shareholder nod to issue non-convertible debentures (NCDs) of up to Rs 6,000 crore

Canara Bank
-To issue foreign currency bonds worth USD 500 million
-To raise additional equity of up to Rs 1,128 crore via rights issue

Rain Industries
-Commenced operations at waste heat recovery based power plant
-Power plant project completed at cost of Rs 70 crore

Oriental Bank of Commerce consortium
-Seek IndiGo & Go Air payments to Airbus
-Seeks pre-delivery payment by Go Air & IndiGo to be deposited to consortium
-Consortium has already attached Rs 196 crore of Kingfisher Airlines
-Go Air & IndiGo file objections to OBC’s interlocutory application

Yes Bank on QIP withdrawal
-Deferred QIP due to market conditions
-Company victim of market circumstances
-Confident that proposed QIP will be consummated sooner than later

Supreme Court
-Directs RBI, Finance Ministry, SEBI to probe IFCI ‘s MCX-SX stake buy
-Directs RBI, Finance Ministry, SEBI to probe IFCI’s exposure to Satyam

Essar Power
-Essar Power loses coal mine for failing to clear payment: ET
-Company has also been barred from bidding in coal block auctions for a year

Department of Telecom
-Release list of final bidders for auctions;
-All 7 telecom companies eligible

Other stocks and sectors that will be in news on Monday:
-Listing: GNA Axles
Bharat Electronics ex-date for buyback entitlement
Wim Plast listing of bonus shares
-Birla Ericsson Optical name changed to Birla Cable
Monte Carlo – ICRA upgrades long term rating from A+ to AA- and reaffirms short term rating of A1+
Orient Cement – CARE reaffirms short term rating of A1+
Star Paper Mills – CARE reaffirms long term rating of BB+ and short term rating of A4+
Suprajit Engineering gets shareholder approval for amalgamation of Phoenix Lamps with itself
Vardhman Textiles approved buyback up to Rs 720 crore at maximum price of Rs 1,175 per share
Power Mech received orders worth around Rs 145 crore
KSK Energy approved issue of securities and disposal of shares / assets held in subsidiaries
Nitesh Estates board meeting on September 28 to consider further issue of capital
Dena Bank issues and allotted Rs 400 crore non-convertible debentures (NCDs) with rating of CARE AA-
Technvision – Solix announces common data platform for Oracle Applications
Autoline Industries board meeting on September 28 to consider preference shares
Welspun India secures patent for “interactive textile article and augmented reality system”
Shristi Infrastructure Development acquires 100 percent stake in Avarsekar Realty
India Glycols approves issue of securities up to Rs 250 crore
-S4A scheme starts with HCC and Adhunik Power
Financial Technologies tells shareholders,  never received any money from NSEL
Shriram EPC – Debt rejig to give banks 30 percent stake in Shriram engineering unit
Arvind steps into footwear retail
ONGC board okays stake acquisition in GSPC gas block
Mahindra CIE looking for more acquisitions
DLF brands likely to lose Mango franchise
IL&FS Engineering gets shareholder nod to issue securities up to Rs 500 crore
JM Financial board approves allotment of 6.25 lakh equity shares worth Rs 79.2 crore
Tata Power ‘s plan to sell Indonesian arms hits valuation hurdle: BS
-Blackstone, DLF , RMZ could take REIT route soon: BS
Ujaas Energy seeks shareholder nod to offer securities of up to Rs 500 crore via foreign currency convertible bonds (FCCBs)
GAIL gets shareholder nod for private placement of securities
Brigade Enterprises incorporates Brigade Hotel Ventures & Augusta Club as subsidiaries
Indo Amines board to consider merging Classic Oil with company on October 4
Dena Bank issued Basel III compliant Tier 2 bonds worth Rs 400 crore on September 20
GOCL Corporation gets shareholder nod for issue of further capital
KNR Constructions board to consider sub-division of shares on September 30
Piramal Enterprises board to consider early redemption of NCDs on October 10
Kwality promoter Sanjay Dhingra creates pledge on 2.97 percent stake
Asian Oilfield Services board to consider options for raising funds including rights issue on September 28
Tamilnadu Steel Tubes gets shareholder nod to borrow up to Rs 25 crore (market capitalisation Rs 28 crore as of September 23)