12:55 pm: Lyka Labs Ltd's factory at Ankleshwar has achieved record production for the month of September. On NSE, the company's shares were lower by 1.80% at Rs 32.75.
12:30 pm: Mcnally Bharat Engineering Company Ltd has received an order from Essar Projects (India) Ltd for supply of two stacker reclaimers for Jharkhand Power Projects for a total value of Rs 21.22 crore and that the contractual completion period is 12 months. On NSE, Mcnally Bharat shares were down 2.36% at Rs 267.
12:05 pm: Chambal Fertilisers has seen a price and volume breakout, according to Sandeep Wagle, MD, APTART. He has advised traders to buy the stock for target of Rs 100. Buy Chambal Fertilisers in the range of Rs 87-85 with stop-loss of Rs 82 for target of Rs 100. Price and volume breakout seen in the stock, said Wagle.
11:32 am: Steel Strips Wheels Ltd has received its first export order for the supply of truck trailer wheels rims from a Middle East customer. The supply shall be made from the Jamshedpur plant, which was inaugurated in July this year. This export order is for the supply of 400 truck wheels rims. The business will generate nearly Rs.15 lakhs. SSWL has already developed various sizes of wheel rims for commercial vehicle applications for domestic & export markets. SSWL is confident of getting more export business in coming months from European and Middle East customers for this particular truck trailer wheel rims and negotiations with them are in advance stage. On NSE, the company's shares were higher by 4.76% at Rs 326.
11:22 am: Madhav Marbles and Granites Ltd has considered and finalized buyer for the sell of its major capital assets comprising of Land, Building, Plant & Machinery and related Stores and Spares of Marble division situated at Udaipur, Rajasthan. Further, out of all the offers received, offer received from Mahatma Marble and Granite Pvt Ltd was considered by the board as most competitive and the same was finalized at the meeting. On NSE, shares of Madhav Marbles were lower by 1.05% at Rs 37.80.
11:08 am: Dredging Corporation of India Ltd's non-executives had gone on indefinite strike from October 11 for settlement of wage revision. The company informs that the management has come to an understanding with the Union on October 15 and an abstract of the settlement was signed between the two parties. The strike has been ceased on October 16 and the non-executives have resumed duty from October 16. On NSE, the company's shares were down 0.46% at Rs 532.15.
10:36 am: Oil & Natural Gas Corporation Ltd has notified two more discoveries. The first is an exploratory well North Kovilkallappal-1 in the Cauvery Basin-Onland and the second in the well GS-KV-1, KG Basin-Shallow Offshore. On NSE, the company's shares were lower by 0.80% at Rs 1,329.65.
10:29 am: Dr Reddy's Laboratories Ltd will be launching Lansoprazole delayed-release capsules (15 mg and 30 mg), a bioequivalent generic version of Prevacid delayed-release capsules, in the US market. This is after USFDA approved Dr Reddy's ANDA for Lansoprazole delayed-release capsules. On NSE, the company's shares were up half a per cent at Rs 1,593.15.
10:15 am: Reliance Industrial Infrastructure Ltd has reported standalone net profit of Rs. 6.67 crore for the quarter ended September 30, 2010, marginally up from Rs. 6.47 crore for the quarter ended June 30, 2010. Net sales for the quarter to September was Rs. 12.48 crore against Rs. 12.45 crore for the quarter ended June. On NSE, the company's shares were down 1.02% at Rs 866 after touching a high of Rs 890.
10:10 am: State Bank of India has a Medium Term Note (MTN) Programme for US $5 billion. The Offering Circular under the MTN Programme has been updated on October 14 with the audited financial data of the bank as on March 31, 2010 and has been filed with the Singapore Exchange. On NSE, the bank's shares were up 0.27% at Rs 3,174.15.
9:53 am: The only gainers on the Sensex were Reliance Industries (0.47%) and State Bank of India (0.37%).
9:38 am: Nifty was down by 29.85 points or 0.49% at 6032.80, but NSE benchmark managed the hold above the 6,000 mark. The 50-share index opened the week higher at 6112.75 against Friday's close of 6062.65. The broader index later slipped to 6014.45 from a high of 6115.10.
9:15 am: Indian stocks were trading lower Monday, in line with the weakness in Asian markets. All the sector indices were in the red, with automobile and FMCG being weighed down the most.