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Stocks in news: MMTC, Banco Products, Pyramid Saimira

Published on Thu, Apr 17, 2008 at 08:35 , Updated at Thu, Apr 17, 2008 at 08:49
Source : moneycontrol.com

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Stocks in news:

  • Results today:
    Clariant Chemicals, CMC, Fag Bearings, Lanxess ABS, Manali Petrochemical, MMTC, Rolta India, Sonata Software and VST Industries
  • Board meetings:
    Banco Products to consider buy back
  • Ex-dividend:
    Mukta Arts (Rs 2/sh), Vesuvius India (Rs 3.75/sh) and Wockhardt (Rs 2.50/sh)
  • New listing:
    Welspun Syntex to resume trading
  • Orchid update
    No open offer, two leaderships in negotiation - CNBC TV18
    Ranbaxy plans open offer - TOI
    Ranbaxy negotiating for take over - HT
  • Exclusive: JP Assoc
    Puts Fundraising For Power Subsidiary On Hold For 12 Months: Srcs
    Jaypee Power Was Looking To Raise Roughly $1 Bn Via IPO
    Mgmt says not deferring plans
  • FM says cement, steel cos are behaving like cartel
  • Tax Breaks For Oil Exploration May Be Restored: Oil Min Sources
  • Results over long weekend: Wipro, Geometric, Divi’s Labs, South Indian Bank, Sasken
  • Tata Teleservices (TTSL) planning to raise over $1 bn via stake sale to PEs - ET
  • Holcim, AV Birla, Lafarge in race for L&T’s ready-mix concrete business - ET
  • Govt may levy export duty on basmati rice - ET
  • Car cos to hike prices by Rs 4,000-6,000 - ET
  • Pyramid Saimira eyes stake in Delhi’s prestigious Satyam Cineplexes - ET; Satyam Cineplexes to dilute 25% stake for Rs 250 cr via debt, equity
  • I&B ministry to cut DTH licence fee from 10% to 6%
  • Shree Precoated Steel eyes Rs 1,000 cr fund raising through PE route - ET
  • Dhanus Tech scouts for acquisitions in US, Europe - BS
  • Guj Alkalies in 50:50 JV with Dow Chemicals; to invest Rs 600 cr in Gujarat
  • Kesoram to invest Rs 850 cr to hike capacity by 3.5 mt in a year - BL
  • Exclusive: 
    KP Singh Says: Stock Market Volatility To Impact Real Estate Sentiment
  • SBI:
    Macquarie Capital Group & SBI to raise $2 billion India Infra fund; launch by Q2 2008
    Macquarie, SBI & IFC to contribute total of $450 m as anchor investments in new Infra fund
  • Paswan Says
    Inter-ministerial Committee Report To Be Submitted To PM Today
    Finance Minister Wants A Revenue Neutral Package For Steel
    FM Agrees In Principle To Reduction In Excise Duty In Steel
    No Consensus By Committee On Ad Valorem Duty On Iron Ore Export: Sources
  • Aishwarya Telecom IPO closes today; subscribed 0.67 times till now
  • Reliance Petroleum says achieved 90% overall progress in implementation of its refinery at Jamnagar
  • Mindtree Q4 (QoQ)
    Revenues up 14.6% to Rs 217.8 cr vs
    Margin up at 18.1% vs 17.2%
    Net profit up 66.9% to Rs 34.7 cr
    Sees FY09 net profit at $31.7-33.1 m, up 23-29%
  • Mindtree FY08 vs guidance
    Revenues up 44.4% to $191m
    PAT up 28.9% to $ 25.7 m
    EPS: Rs 27.45 vs Rs 24.5
  • Petronet LNG Q4 Standalone (YoY)
    Net Sales At Rs 1,752.65 Cr Vs Rs 1,538.83 Cr
    Net Profit At Rs 120.04 Cr Vs Rs 106.03 Cr
  • Indowind Energy Q3 (QoQ)
    Net profit at Rs 50 lakh vs Rs 1.38 cr
    Net sales at Rs 55 lakh vs Rs 5.41 cr
    Other income at Rs 2.9 cr vs Rs 1.84 cr
  • NDTV Q4 (QoQ)
    Net loss at Rs 117 cr vs loss of Rs 29 cr
    Net sales at Rs 122.2 cr vs Rs 102 cr
    Optg loss at RS 113.4 cr
    Expenditure includes Rs 74r cr on mktg, distribution & promotional expenses
  • NDTV board to evaluate options for reorganization, including de-merger/split of news & non-news businesses
  • Merck Q1
    Net profit at Rs 16.2 cr vs Rs 15.9 cr
    Net sales at Rs 83.4 cr vs Rs 70.4 cr
    OPM at 15.4% vs 21.7%

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