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Monday, June 9, 2014

 Rail stocks in demand
Shares of rail stocks are in demand with most of them locked in upper circuit after President Pranab Mukherjee in his address to the Joint Session of Parliament said that the government will launch a diamond quadrilateral project of high-speed trains.

RCom gains on launch of free national roaming offer
Reliance Communications rose 1.49% after the company announced the launch of One India, One Rate Plans, a first-of-its-kind free National Roaming offer for post-paid and pre-paid GSM customers.

JSW Steel hits 52-week high on good crude steel production data in May
JSW Steel rose 1.57% after the company's crude steel production rose 6% to 10.68 lakh tonnes in May 2014 over May 2013.

Maruti Suzuki may save Rs 10500 crore by not investing in Gujarat
Maruti Suzuki India said that it expects to save about Rs 10,500 crore in the first 15 years by not investing in the facility. The company also proposes to enter into a contract manufacturing agreement with Suzuki Motor Gujarat.

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