BOR: Stocks in Action for the day: RIL, Essar Oil, Tata Steel, Satyam, DLF, Gammon India & Valecha Engineering

RIL: R1: 1727, R2: 1783, R3: 1824, S1: 1630, S2: 1589, S3: 1534.

RIL – RIL sends draft gas sale agreement to prospective power companies as per EGoM decision: -RIL likely to reach 20mmscmd of production by May 2009:-EGoM meet on April 9 to decide priority & quantity of gas to be supplied: -EGoM to consider distribution of 18mmscmd of gas to power plants till Sept’09 -RIL sends draft agreement for 2.7mmscmd of gas to Ratnagiri gas & power:-EGoM may consider gas sale to all AP based gas power plants at 70% PLF:-Ratnagiri & AP based gas projects to be given priority: -Other power companies to get gas post allocation to RGPPL & AP power plants: Reliance Industries (RIL) says company shareholders approve scheme of merger with RPL (Reliance Petroleum) Sources.

Wockhardt: R1: 79.1, R2: 80.9, R3: 82, S1: 76.3, S2: 75.2, S3: 73.4.

Wockhardt: Another French company Vetoquinol in race for Wockhardt’s Vet unit 3 Pharma major eyes Wockhardt’s Irish unit.

Essar Oil: R1: 137, R2: 156, R3: 186, S1: 89.2, S2: 59.1, S3: 40.7.

Essar Oil to buy 50% stake in Kenya Refinery for $450 million after one and half year delay

Tata Steel: R1: 240.9, R2: 246.1, R3: 252, S1: 229, S2: 222.8, S3: 217.8.

Tata Steel FY09 total sales up 9% at 5.2 mt; March sales up 45% at 6.96 lakh tonnes (YoY)

DLF: R1: 222.1, R2: 234.9, R3: 242.8, S1: 201, S2: 193.5, S3: 180.7.

DLF plans to raise Rs 900 crore by selling 8 hotel plots in next 3 months

Gammon India: R1: 71.3, R2: 73, R3: 75.4, S1: 67.2, S2: 64.8, S3: 63.1.

Gammon India bags order worth Rs 400 crore from Bhutan

Valecha Engineering: Valecha Engineering bags orders worth Rs 136 crore