(RTTNews) - Friday, the following stocks are in the spotlight in the Indian market due to stock or sector-specific news or reports. Stock prices are taken from the BSE, unless stated otherwise.
Currently, the benchmark Sensex is trading higher at 16,331, up 77 points or 0.48% and the Nifty is at 4,880, up 0.42%.
Gammon Infrastructure Projects (Rs.25.45, up 3.67%) - The company has bagged a Rs.850-crore highway project from National Highways Authority of India.
Reliance Infrastructure (Rs.974.25, up 1.57%) - A consortium of Reliance Infra and Hyundai has bagged a contract to build a sea link between Worli and Haji Ali.
DLF (Rs.293.70, up 1.54%) - The realty giant plans to build a premium residential apartment complex at Worli in Mumbai, instead of a high-end mall project.
SEL Manufacturing Company (Rs.82.85, up 2.60%) - SEL Textiles, a subsidiary of the company, has filed the red herring prospectus with market regulator SEBI.
Indian Oil Corporation (Rs.328.90, up 2.37%) - Saudi Aramco, the world's largest producer and exporter of crude, may pick up a 10 percent stake in IOC's refinery being built at Paradip.
PAE (Rs.40.30, up 3.33%) - The company has inked a pact with Schneider Electric India for distribution of the latter's Xanterx range of products in India.
Power Grid Corporation (Rs.106.80, up 0.47%) - The state run firm has decided to invest Rs. 28.46 billion in three different projects.
Bharti Airtel (Rs.278.70, up 0.85%) - Sunil Mittal, Bharti's chairman, defended the Zain deal and said the combined business would have revenues of $13 billion and an Ebidta of $5 billion over the next 12 months.
Tata Teleservices (Rs.23.05, up 0.66%) - After adding 2.98 million new customers in January, the company has emerged as the fifth-largest telecom operator in the country with over 60 million subscribers.
Indiabulls Real Estate (Rs.160.45, down 2.70%) - The realty player has decided to list its wholesale trading business unit after a demerger.
