Present state

TVS Motor Company rose 2.58% after the company on Saturday, 1 February 2014 said its total sales rose 6% to 186,313 units in January 2014 over January 2013. The company's total exports surged 39% to 28,875 units in January 2014 over January 2013. Two wheeler exports registered a growth of 35% to 23,438 units in January 2014 over January 2013. Total two wheeler sales increased 5% to 179,576 units in January 2014 over January 2013. Domestic two wheeler sales accounted for 156,138 units in January 2014 as against 154,107 units registered in January 2013. Scooters sales grew 19% to 45,198 units in January 2014 over January 2013. Motorcycles sales grew marginally increasing from 64,555 units in January 2013 to 65,449 units in January 2014. Three wheeler sales surged 52% to 6,737 units in January 2014 over January 2013. Capital goods stocks edged lower. ABB (down 0.79%), Bhel (down 3.38%), Crompton Greaves (down 3.11%) and Siemens (down 0.99%) dropped. L&T lost 0.65%. L&T Power has successfully completed commissioning and testing of the first unit of its 2x700 megawatts (MW) supercritical thermal power plant of Nabha Power on 31 January 2014, L&T said in a statement today, 3 February 2014. The plant was constructed on a turnkey basis by L&T Power with more than 90% of the equipment sourced from the group companies of L&T. Describing the Rajpura Plant as another important milestone in L&T's history, Mr Shailendra Roy, Member of the Board, L&T, said: "We have demonstrated our capability as the leading Power Plant EPC player in the country with the successful commissioning of the first unit of the Rajpura plant. The timely completion and stable operations further establishes L&T's ability to build large complex engineering marvels of global standards." Commercial operations of the plant will significantly augment Punjab's generation capacity making the state power surplus, and will enable it to export power to the national grid. Based on supercritical technology, it will be one of the most ecofriendly and efficient coal-based thermal plants in India, L&T said.

Coal India lost 0.46%. Coal production of Coal India and its subsidiary companies was 96% of targeted production at 47.38 million tonnes in January 2014. The coal offtake of Coal India and its subsidiary companies was 94% of targeted offtake at 44.44 million tonnes in January 2014. Coal India announced the production and sales data during trading hours today, 3 February 2014. GAIL (India) hit 52-week high, with the stock extending its recent gains. The stock rose 1.64% to Rs 364.85. The scrip hit 52-week high of Rs 369.70 in intraday trade. A meeting of the Board of Directors of the company will be held Thursday, 6 February 2014, inter alia, to consider a proposal of declaration of interim dividend for the year ending 31 March 2014 (FY 2014). The company has fixed 11 February 2014 as the record date for the purpose of payment of interim dividend.