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Friday, September 5, 2014

Equity tipsL&T soars 2% on big supercritical power plant order from MP
Shares of Larsen and Toubro  rallied as much as 2 percent on getting big order from Madhya Pradesh state utility for setting up 1320 MW power plant (stage II).

Suven Life zooms on securing three product patents
Shares of Suven Life Sciences zoomed 17%, extending its previous 7% gain, after the company said it received one product patent each in three countries.

Union Bank rises on fund raising plan
Union Bank of India has gained nearly 2% after the company plans to raise Rs 1,386 crore through qualified institutional placement (QIP) this financial year.

Natco jumps 5% after US partner files ANDA for Everolimus
Shares of Natco Pharma were locked in 5% upper circuit after the company said its marketing partner in the US, Breckenridge Pharmaceutical, Inc. has filed an Abbreviated New Drug Application (ANDA) for Everolimus for tablets in dosages of 0.25mg, 0.5mg, and 0.75mg.

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