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Indian pedestrians walk on Dalal Street - Trader's Street - next to the Bombay Stock Exchange (BSE) in Mumbai on March 7, 2014.INDRANIL MUKHERJEE/AFP/Getty Images

Here are a few stocks that are likely to move in trades on Friday.

InterGlobe Aviation, SpiceJet: The airlines said they are in the process of reviewing the Competition Commission of India (CCI) penalty and considering an appeal.

Punjab National Bank: The debt-laden lender may be given one year to provision against Rs 12,700 crore fraud.

REC, PFC: India asks REC, PFC not to grant loan to discoms with heavy losses.

Filatex India: The company started commercial production of synthetic yarn at Dahej unit.

HDFC Bank: The private sector lender has selected arrangers for a planned share sale of around Rs 15,500 crore, reported Bloomberg.

Shree Renuka: The board of the sugar company said it has signed restructuring agreement with banks.

Axis Bank: The lender buys 1.84 million shares in Fortis via invocation of pledge. It held 3.55 percent in Fortis as of February 23.

Ultratech: The cement maker has raised bid for Binani by Rs 700 crore, the Economic Times reported.

L&T Finance: Larsen and Toubro raised stake in L&T Finance to 66.1 percent from 64.1 percent earlier.

Global Offshore: The company secured an order worth Rs 10 crore for one of its vessels for three years.