12 January 2011

Buzzing Stocks - Keynote Capitals (January-12-'11)

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Buzzing Stocks
·      Petronet LNG is likely to buy four spot liquefied natural gas (LNG) cargoes in January-March quarter.
·      BPCL has bought 1mn barrels of Nigerian Qua Iboe crude oil from Morgan Stanley in a tender.
·      Maruti Suzuki expects to manufacture 1.2mn vehicles in the current fiscal.
·      Suryavanshi Spinning Mills, is eyeing revenue of `500Cr by 2013-14 and has planned a total capex of around `130Cr to fuel its expansion plans.
·      Tata Steel plans to raise up to $800mn through a share sale expected to be launched in the last week of this month according to news sources.
·      As per Cox & Kings, the Indian outbound travel market could expand to $35-$40 billion over the next five years from the current $12 billion buoyed by a rapidly growing organised tourism market.

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