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Stocks in news: Tata Tele, Mysore Cement, Bharti

Published on Mon, May 12 at 08:54 , Updated at Mon, May 12 at 08:57
Source : moneycontrol.com

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Stocks in news

  • Mexican Billionaire Carlos Slim, UAE's Etisalat & Russian operator Altimo in race for stake in Tata Teleservices, deal to be struck at an enterprise value of USD 1 billion, Apax Partner aslo seen in the race - ET
  • Heidelberg, Indorama to merge into Mysore cement 
  • Exclusive: Heidelberg Cement says
    Expect merger to be completed in 6-7 months
    No plans to delist Mysore Cement
    Indorama, Heidelberg Businesses to be transferred to Mysore Cement
    Capacity post amalgamation to be about 3 million tonnes
    No impact of amalgamation on pricing, market shares
    Advantages on tech procurement, marketing, consumer services front
    No operational changes until court approves merger
    No management change foreseen as of now
  • Bharti lines up additional USD 5 billion fund for MTN bid, Vodafone to bid 20 bn pounds for MTN - Reports; Vodafone denies reports
  • ADAG plans Hollywood foray, to produce 3 movies at an estimated cost of $ 300 million - ET
  • BKC property owners can double FSI to 4 - ET
  • Bennett & Coleman plans IPO this year - BS
  • Idea may pull out of Indus JV - FE
  • Dish TV triggers fresh price war, offers subscription fee waiver for 3-18 months - ET
  • Oil ministry seeks mild price hike - BS
  • NTPC scouting for coal mines abroad - BL
  • TTML to invest Rs 140 cr in AP expansion - BL
  • RCF, SA firms to ink $1bn pact for Mozambique unit
  • Indiabulls Real estate plans to invest Rs 1000 cr in retail biz - BS
  • Ranbaxy to ink R&D deal with foreign co
  • Results today: Dewan Housing, Graphite India, Indiabulls Real Estate, RCF, SEL Mfg, Unichem
  • New listing:
    Compuage Infocom to resume trading from May 12
    Tatia Global Vennture to resume trading from May 12
  • Matrix Laboratories US GAAP results
    March quarter revenues at $ 103 m, including third party sales of $ 87.6 m
  • Bharti considering raising its offer to around 175 South African rand ($22.63) per share for MTN: WSJ
  • Railways Min Says Iron Ore Classification Changed For 5.5% Cut In Freight Rate
  • M&M Raises Vehicle Prices By 1.5-2.5% With Effect From May 19
  • Oil Secy Says
    Time For Soft Options Over; Under Recoveries $40-$45 Bn For Industry
  • Exclusive: UB Stake
    Mallya Met Heineken Chairman In Jan '08
    Heineken Wanted Control Of S&N's UB Stake & Special Rights
    Mallya Refused Transfer Of Special Rights To Heineken
    UB Grp CFO Ravi Nedungadi Writes To S&N Rep On UB Board In Feb '08
    Nedungadi Blocks Transfer Of Non-Public Info To S&N Nominees
    S&N Rep John Nicholson Writes To Mallya In Feb '08
    Nicholson Says S&N Rights In UB To Remain Unchanged
    Nicholson Acknowledges Mallya's Worries On Violation Of Non-Compete Clause
  • Ex-split: Dollex Industries from Rs 10 to Rs 5
  • Arvind Mills Q4
    Adjusted Net profit at Rs 5.37 cr vs Rs 12.2 cr
    Reported net profit at Rs 5.37 cr vs Rs 5.40 cr
    Net sales at Rs 658 cr vs Rs 486 cr
    OPM at 6% vs 8.2%
    Textile PBIT of Rs 25 cr vs Rs 48 cr
    Branded garments PBIT of Rs 15.5 cr vs Rs 5 cr
    Hit from shirts biz (avg price down from Rs 396 to 349) and Jeans (down from Rs 383 to Rs 345)
  • Asian Paints Q4 Consolidated (YoY)
    Net Sales At Rs 1,133.04 Cr Vs Rs 958.95 Cr
    Net Profit At Rs 94.52 Cr Vs Rs 63.92 Cr

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Ambareesh Baliga

, Karvy Stock Broking

(28 Jul- 16:00hrs)

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