Insider Trades:
Sakthi Sugars Ltd: M. Manickam, Vice Chairman and Managing Director from market has purchased 30000 equity shares on 12th, 13th and 14th Feb of Sakthi Sugars Ltd.
Marksans Pharma Limited: Funds under the management of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited and its direct and indirect subsidiaries have sold 183082 equity shares of Marksans Pharma on 6th Feb 2007.
Market Volumes:
The turnover on NSE was up by 0.5% to Rs78bn. BSE Consumer Durable index was the major loser and lost 1.58%. BSE Auto index (down 1.50%), BSE Capital Good index (down 1.48%) and BSE Bank index (down 1.41%) were among the other major losers.
Volume Toppers:
IFCI, SAIL, Indiabulls, Cinemax India, IDBI, Teledata Informatics, TTML, RNRL, Hindalco, GBN, IDFC, Gujarat Ambuja, KPIT Cummins, Biocon, Reliance Industries, ITC, Bajaj Hindusthan, NIIT Technologies, Unitech and Praj Industries.
Delivery Delight:
Apollo Hospitals, Dalmia Cement, Geodesic Information, Godrej Consumer, GSPL, HCL Technologies, HT Media, IOC, ITC, Kalpataru Power, KEC International, Kirloskar Brothers, Pidilite Industries, Sesa Goa and SKF India.
Lower Circuit Filters:
GMR Industries, SSI Ltd, 3M India, Radha Madhav, KEW Industries, Tanla, Shree Ashtavinayak, Vyapar Industries, Nirlon, Ganesh Housing and IOL Broadband.
Brokers Recommendations:
M&M – Buy from Man Financial with target of Rs1060.
JBF Industries - Buy from Kotak with target of Rs189.
Long Term Investment:
HCL Tech
Major News Headlines:
HLL Q4 net at Rs5.11bn (down 1.7%), sales at Rs31.56bn (up 6.11%)
HLL to pay Rs3 a share final dividend
Aurobindo Pharma gets 7th approval from MCC South Africa
Mittal to buy 49% in HPCL's new refinery
NTPC signs accord with Kyushu Electric Power Company, Japan
ICSA gets orders worth Rs195mn
Biocon's partner gets nod for Diabetes drug phase 2 Trial
Pyramid Saimira Board approves plan to raise $100mn
Lupin signs agreement with Laboratoires Servier of France