Buzzing Stock - Keynote Capitals (March 22-'11)

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Buzzing Stocks

·      Coal India’s 77 projects having a production capacity of almost 185mn tonnes have been cleared by the government and are under different phases of completion.

·      NHPC's 2,000MW Subansiri project in Assam is likely to be delayed by at least two years due to resistance from locals.

·      Bajaj Auto is on course with the development of the ultra low-cost (ULC) car whose prototypes will be shown to its partner, Renault, during the course of this calendar.

·      Gail India has endorsed petroleum sector regulator's proposal allowing pipeline companies to charge tariffs lower than approved rates.

·      Everest Industries will set up a new manufacturing facility in East India to cater to the growing demand as it aims to cross Rs10bn revenue in 2011-12.

·      Hindustan Copper plans to invest Rs36.8bn to almost quadruple its existing copper ore production capacity to 12.41mn tonnes per annum by 2016-17.

·      Lanco Infratech has started the trial run of the first 600 Mw unit of Anpara Power project in Uttar Pradesh.

·      NALCO has become the first PSU in the country in implementing a pilot-cum-demonstration project on Carbon Sequestration in its Captive Power Plant at Angul.

·      Elder Health Care has decided to give more focus to building its own brands and has lined up about half-a-dozen launches this year.

·      A consortium of SREI Infrastructure and ECI Engineering and Construction Company is likely to bag the strategically important Rs20bn highway project in Arunachal Pradesh.