*India Daybook – Stocks in News*
*Gujarat Alkalies:* Meridian Chem Bond Bought Additional 5.35 Lakh Shares (Positive)
*Oil downstream companies:* Oil falls over 3% to lowest price since February (Positive)
*Techno Electric:* The firm informed exchanges that it has got new orders for flue gas desulphurisation (FGD) totalling Rs 1455 crore. (Positive)
*Bharat Gears:* The company will consider a bonus share issue on August 19. (Positive)
*Piramal Enterprises* to be listed as two entities by December, says Ajay Piramal (Positive)
*Max Healthcare:* GIC of Singapore and financial services firm Capital Group picked up a 26.8 percent stake in hospital chain Max Healthcare Institute (Positive)
*Singer India:* Rare Enterprises bought 4.25 million shares at an average price of Rs 53.50 a share in a block deal. (Positive)
*Sanghi Ind:* Promoters bought 40 lakh shares of company (Positive)
*Hind Zinc:* Zinc prices surge after one of Europe’s largest smelters, controlled by Trafigura Group announced that it will halt production from Sept. 1 (Positive)
*Aarti Drugs:* DGTR recommends continuation of anti-dumping duty on Ofloxacin imports from China (Positive)
*HDFC AMC:* UK-based Arbdn Investment Management partially sold its stake in HDFC Asset Management Co Ltd for Rs 2300 cr (Neutral)
*Kirloskar Oil:* SBI MUTUAL FUND under its various schemes has sold 9.46 Lakh Shares (Neutral)
*GAIL:* To Consider & Approve Fund Raising Via Rupee Term Loan/ Borrowing/ FCCB/ NCD’s etc (Neutral)
*Cipla:* The stock will be in focus after the company said it appointed Ashish Adukia as global Chief financial officer. (Neutral)
*Bajaj Hindusthan:* SBI has filed an insolvency petition in the NCLT against Bajaj Hindusthan Sugar
*Oil upstream companies:* Oil falls over 3% to lowest price since February
*Mahanagar Gas:* Cuts prices of CNG by 6 rupees per kg, PNG by 4 rupees
By: via @AlliesFin Serve Stock Market
