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Stocks in news: Ramco Systems, Zee Ent, Unitech

Published on Wed, Jul 23, 2008 at 08:31 , Updated at Wed, Jul 23, 2008 at 08:40
Source : moneycontrol.com

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Stocks in news:

  • Board meetings:
    Ramco Systems on rights issue
  • Results today:
    Zee Ent, Aztecsoft, Crompton Greaves, Gujarat Industries Power, Infotech Enterprises, J Kumar, M&M Financial, Mastek, Patni, Pidilite, SEL Manufacturing, Shree Renuka and Sterlite Technologies
  • Indian ADRs:
    ICICI Bank up 13%, HDFC Bank up 10% and Tata Comm up 8%
  • Govt
    May Introduce Bill To Up Insurance FDI Cap To 49%
    May Push Bank Regulation Amendment Bill In Monsoon Session
    Bank Amendment Bill Proposes To Link Voting Rights To Shareholding
  • RPL says refinery achieves 94% overall progress; pre-commissioning activities gain momentum
  • Tata says open to Fiat selling Nano cars
  • JP Morgan Chase buys 33% in Alok Infra’s SPV for Rs 130cr
  • Power producers may need to ensure at least 5% of their future generation capacity from renewable sources of energy
  • No ‘declared goods’ status for ATF; move to hit airlines as sales tax will not come down now - ET
  • Andrew Yule to offload 26.2% stake in Tide Water Oil; RIL, Total and Chevron in fray to acquire stake - ET
  • JK Synthetics to sell acrylic plant; move to service debt worth Rs 500cr on balance-sheet - ET
  • Ruia’s invest Rs 550cr in Essar Oil, subscribe to 1.8 lakh Global depository shares (GDS) through holding company - ET
  • Unitech promoters eyeing foray into insurance - BS
  • Dr Reddy’s appeal to allow selling copy of a widely sold anti-ulcer drug Aciphex, rejected by U.S. courts - FE
  • NOCIL Q1
    Net Profit At Rs 11.64 Cr vs Rs 2 cr
    Net Sales Rs 128 Cr vs Rs 74 cr
  • Asian Paints Q1 (YoY)
    Consolidated Net Sales At Rs 1,242.00 Cr Vs Rs 960.50 Cr
    Consolidated Net Profit At Rs 106.21 Cr Vs Rs 83.38 Cr
  • Alfa Laval Q2
    Net profit at Rs 25.91 cr vs Rs 20 cr
    Net sales at Rs 194 cr vs Rs 148 cr
  • Stride Arcolab Q2
    Net loss at Rs 48.4 cr vs Rs 12.7 cr
    Net sales at Rs 255 cr vs Rs 180 cr
    Exceptional item of Rs 77 cr on account of restatement of FCCB to subsidiaries worth Rs 38 cr and MTM loss of Rs 32 cr on derivative and
    option contracts
    OPM at 16% vs 11%
  •  Siemens Q3
    Net Sales: Rs 1809.7 cr vs Rs 1782.3 cr
    Operating Profit: Rs 254.6 cr vs Rs 83 cr
    Net Profit: Rs 169.4 cr vs Rs 81.8 cr
  • Bihar Caustics Q1
    Net Sales: Rs 52.77 cr vs Rs 33.85 cr
    Net Profit: Rs 13.3 cr vs Rs 6.6 cr
  • SEAMEC Q2
    Net Sales: Rs 60.7 cr vs Rs 46.7 cr
    Operating Profit: Rs 16 cr vs Rs 23.1 cr
    Net Profit: Rs 7.6 cr vs Rs 19.6 cr
  • Nelco Q1
    Net Sales: Rs 19.3 cr vs Rs 15.3 cr
    Operating Loss of Rs 3.6 cr vs Operating Loss of Rs 1.1 cr
    Net Loss: Rs 4.9 vs Loss of Rs 4.8 cr
  • Sesa Goa Q1 Cons
    Net profit at Rs 633 cr vs Rs 131 cr
    Net sales at Rs 1280 cr vs Rs 518 cr

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