17 January 2011

Buzzing Stocks- Keynote Capitals (January-17-'11)

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Buzzing Stocks
·      Tata Steel fixed its FPO price band at `594-610 per equity share to issue 57mn equity shares.
·      HUL may hike prices of soaps, skincare products to offset high input costs.
·      Infosys plans to acquire small USA companies of $15-25mn to tap into the $70bn government outsourcing market.
·      SAIL inked a pact with IRCON International for jointly working on rail infrastructure projects in India and overseas.
·      Sangam India plans to invest `250Cr in the next three years to expand its capacity.
·      Ansal Properties and Infrastructure has sold properties worth ` 1,714Cr in the first nine months of this fiscal and its sales realisations improved by 24% compared to the year-ago period.

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