Buzzing Stocks - Keynote Capitals (February-4-'11)

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Buzzing Stocks

·      NTPC has floated bids for 800MW bulk super-critical units for Rs190bn.

·      Whirlpool to invest Rs1.25bn on new product development, marketing and enhancing infrastructure.

·      M&M has rolled out a ‘mobile seva’ initiative to provide services for its three wheelers and other commercial vehicles in AP, Tamil Nadu, Kerala and Karnataka

·      Wipro CFO sells more than half of his company shares.

·      Karuturi Global has acquired 58% stake in Florista India through a share swap deal.

·      Bank of Baroda, Andhra Bank and Union Bank of India have raised their base rates by 50bps.

·      Wipro to set up an exclusive delivery centre in Toronto to develop software solutions and cut down Canadian companies’ energy consumption bill.

·      Camlin has signed a MoU with Japan leading brand ‘Zebra’.