Sept. 7 (Bloomberg) -- The following companies may have unusual price changes in India trading. Stock symbols are in parentheses and share prices are as of the last close.
The Bombay Stock Exchange Sensitive Index, or Sensex, rose 338.62, or 1.9 percent, to 18,560.05. The S&P CNX Nifty Index on the National Stock Exchange advanced 1.8 percent to 5,576.95. The BSE 200 Index climbed 1.6 percent to 2,384.35. SGX CNX Nifty Index futures for September delivery gained 0.2 to 5,586.0 at 10:41 a.m. in Singapore.
Mining companies: India’s Hindustan Copper Ltd. (HCP IN) and National Aluminium Co. (NACL IN) may jointly invest $450 million in a copper mine in Peru, the Gestion newspaper reported, without saying where it got the information. Hindustan Copper rose 0.7 percent to 460 rupees. National Aluminium advanced 1.6 percent to 408.65 rupees.
Anant Raj Industries Ltd. (ARCP IN): The developer was rated “buy” in new coverage by Sandeep Mathew and Avneesh Sukhija, analysts at BNP Paribas, citing the view that return on equity is set to climb. Anant Raj Industries gained 0.9 percent to 139.2 rupees.
Bosch Ltd. (BOS IN): The unit of the world’s biggest autoparts maker Robert Bosch GmbH said staff at its Bangalore and Naganathapura plants will observe a one-day strike today, according to a statement on the Bombay Stock Exchange. The shares rose 0.4 percent to 6,322.8 rupees.
Cairn India Ltd. (CAIR IN): India’s oil ministry has referred Vedanta Resources Plc’s proposal to buy a stake in the oil and gas producer to the market regulator and will make its own decision within six weeks, the Business Standard reported. Cairn India slid 0.1 percent to 335.9 rupees.
DB Realty Ltd. (DBRL IN): The developer was rated “neutral” in new coverage by Saurabh Kumar, an analyst at JPMorgan Chase & Co., with a six-month price estimate of 480 rupees per share. DB Realty declined 1 percent to 461.45 rupees.
Dish TV India Ltd. (DITV IN): The provider of direct-to-home satellite television services was rated “buy” in a new coverage by Bijal Shah and Akash Chattopadhyay, analysts at India Infoline Ltd. The shares rose 0.7 percent to 55.5 rupees.
Gujarat NRE Coke Ltd. (GNC IN): India’s biggest non-state-run producer of coking coal may consider raising funds by selling convertible bonds or warrants to promoters, the company said in a notice to the Bombay Stock Exchange. The stock climbed 1.3 percent to 60.9 rupees.
HDFC Bank Ltd. (HDFCB IN): India’s third-biggest lender raised lending rates by 0.5 percent to 16.25 percent, the Press Trust of India reported. The stock climbed 0.5 percent to 2,204.3 rupees.
Idea Cellular Ltd. (IDEA IN): Emirates Telecom Corp. (ETISALAT UH) the United Arab Emirates’ biggest phone company, said it’s considering Idea Cellular Ltd. among potential investment targets in India. Idea climbed 0.6 percent to 71.7 rupees.
Indiabulls Real Estate Ltd. (IBREL IN): The property developer will partner with ArcelorMittal to mine coal and iron ore in India, the Economic Times reported, citing Gagan Banga, an executive director at Indiabulls advanced 1.6 percent to 179.5 rupees.
Reliance Capital Ltd. (RCAPT IN): The financial services company controlled by billionaire Anil Ambani plans to expand lending to builders of India’s roads, ports and airports, the Wall Street Journal reported, quoting Amitabh Jhunjhunwala, vice chairman at Reliance Capital. The shares rose 1.1 percent to 790.55 rupees.
Shree Renuka Sugars Ltd. (SHRS IN): The sugar producer is planning to set up a sugar and ethanol factory with state-run Hindustan Petroleum Corp. (HCPL IN) in western Maharashtra state, the Business Standard reported, citing Shree Renuka Managing Director Narendra Murkumbi. Shree Renuka advanced 0.9 percent to 69.6 rupees. Hindustan Petroleum rose 1.6 percent to 519.15 rupees.
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