Stocks in news:
- Results Today:
TCS, RPL, Geometric Software, PFC, Petronet LNG, Dish TV, ZEE News, Deepak Fertilizers, Blue Dart, Dolphin Offshore, 3M India, Indo Rama Synthetic, E Merck, Sonata Software, Tata Coffee, Zensar, Genus Overseas, GIC Housing, DCM Finance ETC Network and Shanthi Gear
- Board Meeting Today:
Helios and Matheson - allotment of shares GV Films board on demerger into 3 separate entities Dolphin Offshore to consider conversion of 20% USD 15 m FCCBs BSNL to mull fresh bids for GSM tender Color Chips to merge 3 cos (including Color Chips) with Color Chips New Media Indo Rama Synthetics on merger of Indo Rama Petrochemicals with itself
- Ex-dividend:
Elgi Equipments (50 paise/sh), TIL (Rs 3/sh), ITC (Rs 3.10/sh), Emkay Share (Rs 1.25/sh), Minda Industries (Rs 2.50/sh), Graphite India (Re 1/sh), Chambal Fertilizers (Rs 1.80/sh), Seshasayee Paper (Rs 3.50/sh), Texmaco (Rs 4/sh) and Geodesic Info (20 paise/sh)
- SEBI ask promoters to pare stake in NSE to 5% - FE
IDBI holds 10.99% SBI holds 10.94% ICICI BK holds 6.64% IFCI holds 5.44%
- NSE bars further F&O positions in Nagarjuna Fert as 95% of marketwide limit reached. Tata Tele (M), Bombay Rayon, & Praj Industries already in curb
- IFCI out of F&O curb
- Reliance Life Sciences not to buy Cipla, says CEO RLS KV Subramanian- DNA
- Mallya may go upto 51% in Air Deccan, may convert low-cost airline into Kingfisher subsidiary - ET
- Bajaj Auto plans big-ticket European acquisition
- India Cement says: No plans to sell stake or assets - ET
- Daimler Chrysler to sell 6.8% stake in Tata Motors - TOI
- Hyundai eyeing Eicher truck business, third company to evoke interest in Eicher - TOI
- M&M likely to pick up chuck of Romanian truck maker Tractorul assets - ET
- M&M to recast Punjab tractors board, AK Chaudhari, Pres M&M farm-equipment division expected to be new Chairman - ET
- Rel Com plans USD 1 bn ADR issue - DNA, bags World Cup sponsorship for USD103 mn
- Franklin Templeton Chairman, Mark Mobius opposes Sun Pharma's USD 454 million acquisition of Taro Pharma; says Sun's offer of USD 7.75 a share is too low and unjust to the minority shareholders
- Tata Steel's proposed venture with Nippon Steel becomes uncertain, after Japanese company signs agreement with Arcelor Mittal, for a global strategic alliance - BS
- IVR Prime IPO pricing today, IVRCL holds 80% stake, holding to come down to 63-65% post issue
- HDFC Bank, Citi snap ties to sell mortgage loan products in India - BS
- Titan board to discuss amalgamation of Samrat Holdings, Titan Holdings and Questar Investments with the Co on July 27 - BL
- Simplex Projects IPO subscribed 85.53 times. QIB 91x, Retail 49x, HNI 153.8x
- Telecom monthly:
Total adds 5.39 m GSM users in June Vs 5.04 m in May Bharti Airtel Adds 1.96 m users in June Vs 1.85 m in May (Mkt share of 31.40% in GSM space) Idea Cellular Adds 8.59 lakh users in June Vs 7.03 lakh in May MTNL Adds 60,916 users in June Vs 64,098 in May
- FMCG prices up by 10% in April-June - BS
- Central Bank pegs IPO band at Rs 85-102
- ONGC mulls 2,700 Mw power generation for both captive and commercial use, through three plants - BS
- Dena Bank eyes non-life foray - BS
- BSNL to review GSM tender on Monday - FE
- Adani group plans to launch Rs 1500 Cr IPO of Mundra Port and Special Economic Zone post SAT reprieve - BL
- JSW Steel plans Rs 7000 Cr expansion; Plans to increase Co's capacity to 10 mln tonnes - ET
- IDBI Bank, Sumitomo tie up for trading in Carbon credit - BL
- Corporation Bank Q1 (Standalone):
Net profit at up 22.8% at Rs 177.11 cr Vs Rs 144.24 cr NII up 14.6% Rs at Rs 372.21 cr Vs Rs 324.79 cr Operating profit down 14.9% at Rs 275.6 cr Vs Rs 324 cr Other income at Rs 118.7 cr Vs Rs 187.5 cr
- Allahabad Bank Q1 (Standalone)
Net profit up 56.3% at Rs 200 cr Vs Rs 128 cr NII up 15.4% at Rs 451.1 cr Vs Rs 390.9 cr Operating profit up 39.3% at Rs 288.9 cr vs Rs 207.4 cr Other income at Rs 94.6 cr vs Rs 81.3 cr
- JP Associates Q1 (YoY)
Net Profit at Rs 140 cr Vs Rs 92 cr Net Sales at Rs 927 cr Vs Rs 895 cr Operating Profit Margins at 25.8% Vs 23.6% Diluted EPS at Rs 5.94 Vs Rs 3.96
- Finolex Q1 (YoY)
Net profit at Rs 24.49 cr Vs Rs 9.6 cr Net Sales at Rs 279.7 cr Vs Rs 229.7 cr Other Income at Rs 35.1 cr Vs Rs 6.9 cr OMP up 217 bps to 17.8% Vs 15.5% (Close to selling the Pune for around Rs 350 cr, will work out to Rs 24/sh
- GNFC Q1
Net profit at Rs 75.79 cr Vs Rs 47.05 cr Net Sales at Rs 573.6 cr Vs Rs 431.2 cr OMP at 25.4% Vs 21.8% Nos not comparable bcz of merger of Narmada Chematur with itself
- Rallis India Q1 (YoY)
Net profit at Rs 1.42 cr VS loss of Rs 3.67 cr Net Sales at Rs 117.91 cr Vs Rs 127.85 cr
- Mukand Ind Q1 (YoY)
Net profit at Rs 13.2 cr VS Rs 12.68 cr Net sales at Rs 433.6 cr Vs Rs 419.7 cr EPS Rs 1.81 Vs Rs 1.74 Plans Rs 300 cr capex
- Gujarat State Fertilizers Q1
Net sales at Rs 674.5 cr Vs Rs 449.2 cr Net profit at Rs 54 cr Vs Rs 50 cr Operating profit at Rs 135.6 cr Vs Rs 111.2 cr OPM down 465 bps to 20.1% Vs 24.7%
- Sundaram Clayton Q1 Standalone (YoY)
Net Sales at Rs 201.37 cr Vs Rs 189.86 cr Net Profit at Rs 18.23 cr Vs Rs 17.98 cr
- Tata Metaliks Q1 (YoY)
Net Profit at Rs 15.36 cr VS Rs 10.57 Cr Net Sales at Rs 211.28 cr Vs Rs 159.07 cr
- Tanfac Ind Q1 (YoY)
Net Profit at Rs 1.31 cr VS Rs 2.26 cr Net Sales at Rs 32.24 cr Vs Rs 32.74 cr |