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Tuesday, June 10, 2014

BEML stock up 3%
Shares of BEML were higher, that government may introduce new policies and liberalised foreign direct investment in the defence sector.

Geometric zooms 5% on Volvo order
Geometic Ltd is trading up 5.4% as it has received order from Volvo. The contract includes development of application and maintenance for Volvo.

Idea Cellular drops post closure of QIP

Idea Cellular lost 0.34% after it has decided to close the QIP and approved the issuance of 22.38 crore equity shares at an issue price of Rs 134 per share to qualified institutional buyers.

Coal India hits new high on reform hope

Coal India has moved higher by over 2%, extending its previous day’s 6% rally, on hopes of reforms in the coal sector. President Pranab Mukherjee told a joint session of Parliament that the government will pursue reforms in the coal sector with urgency for attracting private investment in a transparent manner.

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