STOCK IN NEWS
· Alstom bagged a contract worth Rs18.4bn in consortium with HCC from Tehri Hydro Corp to construct a 1,000 MW hydro power plant in Uttarakhand. -BUY
· ABG Shipyard has received a Rs9.7bn order from the Indian Navy for construction of two cadet training ships.-BUY
· Punj Lloyd has won a Rs8.3bn contract from GSPC for a submarine pipeline Project in an exploration block on the country's East Coast. -BUY
· Wipro is now eligible to apply for becoming a vendor for World Bank, as the four-year ban imposed on the software major ended this month. -BUY
· Maruti Suzuki India reported an 8.8% decline in total sales, to 80,298 units in June from 88,091 units in the same month last year. -SELL
· Pfizer Inc has sued Mumbai-based Aurobindo Pharma over the generic version of Lipitor.-SELL
· The CCEA has granted conditional approval to Vedanta Resources to buy Cairn India-BUY
· ACC shipments in June rose 7 % from a year earlier, to 1.91 million tonnes. -BUY
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