May-19-'11:: Buzzing Stocks- Keynote Capitals

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Buzzing Stocks

·      Galaxy Surfactants Ltd. has withdrawn the IPO one day before its official closing date due to poor response.

·      Dabur plans to invest up to `200Cr this fiscal to expand operations, which will include setting up three new factories overseas by next year.

·      SBI has said that its pension liability is more than `11,700Cr as on March 2011.

·      Vaswani Ind’s lPO listing will delay due to ongoing investigation as SEBI is investigating complaints about irregularities in Vaswani IPO’s share allotment.

·      Reliance Capital Trustee Company, a subsidiary of Reliance Capital has increased its stake in HPCL to 5.02% for over `12.80Cr.

·      Cairn Energy is interested in expanding its operation into east Africa.

·      HPCL will import 12.5 million tonnes of crude oil in FY12, including one million tonnes from the spot market.

·      Coal India plans to pick up a 15% stake in US-based Peabody Energy's $600mn Wilkie Creek mining project in Australia to the coal ministry.