Few more stocks from a Newsletter...

Bayer CropScience Ltd: Current rate: 223. It has declined from a high of Rs. 338

Industry: Pesticides / Agrochemicals - Multinational BSE Code: 506285

Net Profit of Bayer CropScience rose 161.85% to Rs 19.77 crore in the quarter ended December 2006 as against Rs 7.55 crore during the previous quarter ended December 2005. Net sales rose 12.14% to Rs 240.53 crore in the quarter ended December 2006 as against Rs 214.50 crore during the quarter ended December 2005.

For the full year, net profit rose 53.03% to Rs 56.85 crore for the year ended December 2006 as against Rs 37.15 in the year ended December 2005.Net Sales rose 14.22% to Rs 775.74 crore for the year ended December 2006 as against Rs 679.18 crore in the year ended December 2005.

Shares are cum dividend of Rs.2.70

Taneja Aerospace: (BSE: 522222 Rs.174.70): On 7 February 2007, Taneja Aerospace & Aviation planned to form a joint venture with Sabena Technics, Belgium for maintenance, repair and overhaul services. On the expectation of this news the shares flew sky high to Rs.294 and in the current market turmoil came down to as low as Rs.160 and now again trying to regain the lost level. Another reason why the share flew high was in December 2006, the company issued 2350,000 equity shares to Merrill Lynch Capital Markets S.A, on a preferential basis @ Rs.155 per share. After the allotment, the share of Merrill Lynch has moved up to 9.43% in the company. The company had also resolved to raise $20 million at an EGM held in November 2006.

What is latest: Taneja Aerospace & Aviation has signed a memorandum of understanding (MOU) with Bharat Earth Movers (BEML) at Aero India 2007.

The pact was signed, with a motive of exploring the aeronautical opportunities in the defence and civilian sectors and the domestic market.

Taneja Aerospace and Aviation (TAAL): it was incorporated in Jul.'88 and received the licence to manufacture gliders in 1990. It is India's only manufacturer of six- to eleven-seater civilian aircraft, in the private sector.

The company has technical collaborations with Partenavia Construzioni Aeronautiche, Italy, to manufacture the P68 Observer, and with National Aerospace Laboratory to manufacture light twin-seater trainer aircraft.

The company reported a rise of 27.9% in net profit at Rs 2.75 crore in the December 2006 quarter. Net sales in the same quarter declined 3.5% to Rs 6.83 crore over the year ago period.