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Stocks in news: GMR Infra, Shipping Corp, IL&FS Invest

Published on Tue, May 20 at 08:43 , Updated at Tue, May 20 at 08:56
Source : moneycontrol.com

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Stocks in news:

  • Results Today:
    Bank Of Baroda, Bharat Forge, Dr Reddy's, GMR Infrastructure, GNFC, ICI India, JK Cement, Mukand, RPG Cables, Suzlon Energy, TTML
  • Board meets:
    Shipping Corporation to consider bonus issue
    JK Cement to consider merger of wholly owned subsidiary Jaykayeem with itself
  • Ex-dividend:
    Empee Distilleries (Rs 3/sh), IMP Powers (50 paise/sh), Zuari Industries (Rs 3/sh)
  • HSBC acquires 73.21% stake in IL&FS Investsmart
    HSBC acquires 43.85% from E*Trade Mauritius, 29.36% from IL&FS
    HSBC to pay Rs 200/sh for IL&FS Investsmart stake, total of Rs 1,002.5 cr
    HSBC to pay IL&FS Rs 82 cr as part of 3-year non-compete agreement
    IL&FS Investmart open offer at Rs 200/sh
  • SBI freezes loan for buying tractors, farm equipment, says NPA high at 17%
  • Birmingham Post
    New EU Emission Norms Could Hit JLR With Huge Emission Fines
    JLR May Face 'Devastating" Fines Up To £17,000/car After Sale To Tatas
  • Exclusive:
    Tata Motors says

    Aware of Proposed EU Emission Norms
    Discussion On New EU Norms Been On For 2-3 Years
    Working On Reducing CO2 Emission Levels Across Cars
    JLR To Invest 700 m Pounds To Develop Green Technologies
    Tata Motors Planning A Global R&D Hub In UK
  • Exclusive:
    Steel Min

    Tells Major Steel Cos To Submit Export Data: Sources
    SAIL, Tata Steel, Essar, Jindal, Ispat, RINL To Submit Data By Next Week: Sources
    Steel Min Likely To Submit Report To FM In The Next 10 Days: Sources
    Alert: Steel Min, Steel Producers Want Export Duty To Be Removed
  • Maruti hikes prices by up to Rs 18000 across models, others to follow suit
  • Reliance Infratel dilutes 5% stake pre-IPO placement to clutch of for Rs 1400 cr- ET
  • M&M eyes Italian motorcycle brands Cagiva and MV Agusta - ET
  • Italian truck maker to resume talks with Tata Motors for commercial JV in Latin America & SE Asia -TOI
  • Kotak Mahindra group in talks with Orbit Corp to acquire Hafeez Contractor house in a deal worth Rs 600 cr - ET
  • Tata Coffee eyeing Russian buyout - DNA 
  • Bombay Dyeing likely to spin off realty into separate co followed by an IPO - DNA
  • Essar Refinery slips on JV clause, may miss tax sops - ET
  • Parsvnath bags rights to develop Nanocity with estimated cost of Rs 1850 cr - ET
  • Poonawala group picks up 7% stake in Orchid chemicals via open market - BL
  • Federal Bank says
    Applied to RBI for NBFC licence, looking to buy share broking, AMC cos: NW18
  • Take Solutions board meet on May 25 to consider stock split
  • Mastek buy back opens today
  • Allahabad Bank mulls right issue- DNA
  • Reliance in talks with global majors like Four Season Hotels & Accor Group for hospitality foray- ET
  • MCX undecided over IPO, hit by futures trading ban -ET
  • Polaris lays off of 100 employees; measure to offset impact of delays in getting IT projects- DNA
  • Indiabulls, Kotak & Enam in race to buy Arden Partners - ET
  • State Bank of Bikaner board meet on May 22 to consider stock split
  • Himatsingka Seide says:
    One forex derivatives contract signed in FY08 is void
    Filed suit in Bangalore court to declare contract void
    Contract counter party HDFC Bank filed Rs 4.53 cr claim against co (due to the bank under the disputed contract)
    Mark-to-market loss on contract around Rs 175 cr as on March 10
    Mark-to-market loss on contract will be reflected in FY08 results
    Bihar Tubes board approves ADR / GDR / FCCB / QIP issue up to $50 m
  • MIC Electronics board approves splitting FV of shares from Rs 10 to Rs 2
  • Gemini Communication board approves splitting FV of shares from Rs 5 to Re 1
  • ADGA announces Hollywood foary, to Invest $500 m in Hollywood Films
  • Syndicate Bank Q4
    NII: Rs 562.62 cr Vs Rs 603.66 cr
    Other Income: Rs 241.97 cr Vs Rs 193.76 cr
    Net Profit: Rs 126.26 cr Vs Rs 104.3 cr
  • Saksoft Q4
    Net Sales: Rs 10.61 cr Vs Rs 10.56 cr
    Net Profit: Rs 55 lakh Vs Rs 1.81 cr
  • Emkay Q4 (YOY)
    Net Sales: Rs 31.34 cr Vs Rs 15.44 cr
    Operating Profit: Rs 4.46 cr Vs Loss of Rs 1.07 cr
    Net Profit: Rs 2.67 cr Vs Rs 22 lakh
  • Emkay Q4 (QoQ)
    Net Sales: Rs 31.34 cr vs Rs 41.87 cr
    Other Income: Rs 2.8 cr vs Rs 2.71 cr
    Operating Profit: Rs 4.46 cr vs Rs 14.82 cr
    Net Profit: Rs 2.67 cr vs Rs 9.45 cr
  • Redington Q4
    Net Sales: Rs 3115.47 cr vs Rs 2596.67 cr
    Other Income: Rs 2.97 cr vs Rs 4.02 cr
    Operating Profit: Rs 81.71 cr vs Rs 55.4 cr
    Net Profit: Rs 47.1 cr vs Rs 29.83 cr
  • Karnataka Bank Q4 FY08
    Net Interest Income: Down 8.2% to Rs 118.29 cr from Rs 128.86 cr
    PAT: Up 127% to Rs 60.78 cr from Rs 26.76 cr
    Provisions: Down to Rs 25.29 cr from Rs 60.78 cr
    Q4FY08 EPS: Rs 4.99
    FY08 EPS: Rs 19.85
  • Indian Bank Q4
    NII up 11.5% to Rs 1359.9 cr vs Rs 1219.6 cr
    Net profit up 2.7% to Rs 241.7 cr vs Rs 235.3 cr
  • Indian Bank FY08
    NII up 20.2% to Rs 5150 cr vs Rs 4284.6 cr
    Net profit up 38.1% to Rs 1049.7 cr vs Rs 759.8 cr
    EPS at Rs 23.3
  • Kolte Patil Q4 FY08
    Net Sales: At Rs 135.68 cr Vs Rs 44.05 cr
    Net Profit: At Rs 40.09 cr Vs Rs 14.28 cr
  • Kolte Patil FY08
    Net Sales: At Rs 428.81 cr Vs Rs 230.28 cr
    Net Profit: At Rs 132.83 cr Vs Rs 83.21 cr
    FY08 EPS: Rs 21.08
  • S Kumars Q4FY08
    Net sales up 41.4% at Rs 525.6 cr Vs Rs 371.6 cr
    Net Profit at Rs 62.9 cr Vs Rs 21.8 cr
  • S Kumars FY08
    Revenues up by 42% to Rs 1748.6 cr
    Operating profits up 61% at Rs 403.8 cr
    PAT up 66% at Rs 205.6 cr
    EPS at Rs 10.19
  • HT Media Standalone Q4FY08(QoQ)
    Sales at Rs 313 cr Vs Rs 319 cr
    OPM at 19% Vs 18.6%
    NP at Rs 41.5 ccr Vs Rs 36.8 cr
    Other income higher at Rs 12 cr vs Rs 8.7 cr
  • HT Media Standalone Q4FY08(YoY)
    Sales at Rs 313 cr vs Rs 275 cr
    OPM at 19% vs 15%
    NP at Rs 41.5 ccr vs Rs 24 cr
    Other income higher at Rs 12 cr vs Rs 9 cr

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