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Stocks in the news: Dr Reddy's, Maruti, Lupin, Bharat Financial, Aurobindo, Motilal Oswal

Dr Reddy's Labs | Tata Motors | Maruti Suzuki | Ambuja Cements | Gail | Lupin | Bharat Financial | Dabur | Strides Shasun | Thomas Cook | Shilpi Cable | Aurobindo Pharma | Inox Leisure | Motilal Oswal | Thermax | Eicher Motors | Escorts | JSW Energy are stocks, which are in the news today.

May 02, 2017 / 09:40 IST

Here are stocks that are in news today:

Results today: Marico, RBL Bank, Shriram City Union Finance, Inox Leisure, Deep Industries, JM Financial, Kansai Nerolac Paints

Bharat Financial Q4
-Net loss at Rs 234.9 crore versus profit of Rs 84.5 crore (YoY)
-NII up 19.2 percent at Rs 233.2 crore versus Rs 195.7 crore (YoY)
-Provisions & write-offs at Rs 334.6 crore versus Rs 3.8 crore (QoQ); Rs 13.9 crore (YoY)
-To appoint consultant to evaluate various strategic options
-Strategic options include introduction of investor(s), strategic alliance
-Strategic options include merger with or acquisition of bank/financial institution

DCM Shriram Q4
-Net profit at Rs 156.4 crore versus Rs 54.5 crore (YoY)
-Total income up 23.5 percent at Rs 1,709 crore versus Rs 1,383.6 crore (YoY)
-EBITDA up 77.9 percent at Rs 222.5 crore versus Rs 125.1 crore (YoY)
-EBITDA margin at 13 percent versus 9 percent (YoY)

Dabur Q4
-Net profit up 0.5 percent at Rs 333.1 crore versus Rs 331.5 crore (YoY)
-Total income down 4.7 percent at Rs 1,914.7 crore versus Rs 2,010.1 crore (YoY)
-EBITDA up 0.6 percent at Rs 417.6 crore versus Rs 415.3 crore (YoY)
-EBITDA margin at 21.8 percent versus 20.7 percent (YoY)
-Domestic FMCG business volume growth at 2.4 percent

JSW Energy Q4
-Consolidated net profit down 91.7 percent at Rs 24.8 crore versus Rs 299.9 crore (YoY)
-Consolidated total income down 29.2 percent at Rs 1,862.1 crore versus Rs 2,630.7 crore (YoY)
-Consolidated EBITDA down 45.5 percent at Rs 587 crore versus Rs 1,076.9 crore (YoY)
-Consolidated EBITDA margin at 31.5 percent versus 40.9 percent (YoY)

Deepak Nitrite Q4
-Net profit up 1 percent at Rs 20.8 crore versus Rs 20.6 crore (YoY)
-Exceptional gain at Rs 4.2 crore
-Total income down 4.5 percent at Rs 325.4 crore versus Rs 340.8 crore (YoY)
-EBITDA down 16.4 percent at Rs 39.3 crore versus Rs 47 crore (YoY)
-EBITDA margin at 12.1 percent versus 13.8 percent (YoY)

Navin Fluorine Q4
-Net profit down 6.7 percent at Rs 29.4 crore versus Rs 31.5 crore (YoY)
-Total income up 5.8 percent at Rs 200.5 crore versus Rs 189.5 crore (YoY)
-EBITDA up 8.9 percent at Rs 39 crore versus Rs 35.8 crore (YoY)
-EBITDA margin at 19.5 percent versus 18.9 percent (YoY)

RPG Life Sciences Q4
-Net loss at Rs 0.2 crore versus profit of Rs 2.2 crore (YoY)
-Total income up 2.1 percent at Rs 71.8 crore versus Rs 70.3 crore (YoY)

Kirloskar Ferrous Q4
-Net profit up 9.9 percent at Rs 13.3 crore versus Rs 12.1 crore (YoY)
-Total income up 29.4 percent at Rs 320.1 crore versus Rs 247.4 crore (YoY)

Kesoram Industries Q4
-Net loss at Rs 74.5 crore versus profit of Rs 348.9 crore (YoY)
-Total income down 6.5 percent at Rs 1,103.6 crore versus Rs 1,179.8 crore (YoY)
-EBITDA loss at Rs 34.8 crore versus loss of Rs 271.2 crore (YoY)

Cholamandalam Invest Q4
-Consolidated net profit up 14.1 percent at Rs 221.2 crore versus Rs 193.8 crore (YoY)
-Consolidated NII up 32.7 percent at Rs 675 crore versus Rs 508.9 crore (YoY)

Automotive Stampings Q4
-Net loss at Rs 1.4 crore versus loss of Rs 0.8 crore (YoY)
-Total income at Rs 109.9 crore versus Rs 76.1 crore (YoY)

Uttam Galva Q4
-Net profit at Rs 138.9 crore versus loss of Rs 671.5 crore (YoY)
-Total income down 48 percent at Rs 899 crore versus Rs 1,729 crore (YoY)

Raymond Q4
-Consolidated net profit down 37.5 percent at Rs 32.9 crore versus Rs 52.6 crore (YoY)
-Consolidated total income up 4.9 percent at Rs 1,481.3 crore versus Rs 1,412 crore (YoY)
-Consolidated EBITDA down 18.8 percent at Rs 120.4 crore versus Rs 148.2 crore (YoY)
-Consolidated EBITDA margin at 8.1 percent versus 10.5 percent (YoY)

Kitex Garments Q4
-Net profit down 39.9 percent at Rs 27 crore versus Rs 44.9 crore (YoY)
-Total income down 3.9 percent at Rs 177.2 crore versus Rs 184.3 crore (YoY)
-Approves issue of bonus shares in the ratio of 2:5

Ambuja Cements Q1
-Net profit at Rs 246.5 crore versus Rs 53.5 crore (YoY)
-Income from operations up 5.4 percent at Rs 2,922.40 crore versus Rs 2,771.8 crore (YoY)
-EBITDA down 12.9 percent at Rs 393.7 crore versus Rs 451.9 crore (YoY)
-EBITDA margin at 15.4 percent versus 18.6 percent (YoY)
-Sales volume at 6.02 million tonne versus 5.86 million tonne (YoY)
Ambuja Cements says
-See cement demand positive in medium to long-term
-Production cost in quarter impacted on higher petcoke & imported coal prices

April auto sales: Maruti Suzuki
-Total sales up 19.5 percent at 1.51 lakh units versus 1.26 lakh units (YoY)
-Domestic sales up 23.4 percent at 1.44 lakh units versus 1.17 lakh units (YoY)
-Export sales down 29.4 percent at 6,723 units versus 9,524 units (YoY)
Eicher Motors
-Total motorcycle sales up 25 percent at 60,142 units versus 48,197 units (YoY)
-Total motorcycle exports up 36 percent at 1,578 units versus 1,160 units (YoY)
Tata Motors
-Domestic passenger vehicle sales up 23 percent at 12,827 units YoY
-Domestic commercial vehicle (CV) sales down 36 percent at 16,017 units YoY
-Total sales down 21 percent at 30,972 units versus 39,389 units (YoY)
-Exports down 43.8 percent at 2,128 units versus 3,785 units (YoY)
Tata Motors says
-Expect production, wholesales & retails to pick up in May & June
-CV sales impacted by Supreme Court order on banning BS-III units
Escorts
-Total tractor sales up 20 percent at 4,899 units versus 4,086 units (YoY)
-Domestic tractor sales up 18 percent at 4,760 units versus 4,048 units (YoY)
Eicher VE CV
-Total sales down 42.2 percent at 3,077 units versus 5,326 units (YoY)
-Domestic CV sales down 44.5 percent at 2,578 units versus 4,641 units (YoY)
-Exports down 27.2 percent at 499 units versus 685 units (YoY)
Hero MotoCorp
-Total sales down 3.4 percent at 5.91 lakh units versus 6.12 lakh units (YoY)
-Raised prices across models by Rs 500-2,200 from May 1
-Expect to maintain trend of robust sales in May
-Raised prices to partially offset commodity cost increases
April rim sales: Steel Strips Wheels
-Total wheel rim sales down 3.6 percent at 11.5 lakh versus 11.93 lakh (YoY)
Steel Strips Wheels says
-Drop in rim sales due to CV volume adjustment for BS-IV
-CV rim volumes expected to pick up in May as BS-IV production starts mid-April

Dr Reddy's Laboratories
-US FDA issues Form 483 with 11 observations for plant 3 at Bachupally
-US FDA observations are mostly procedural in nature

CNBC-TV18 accesses Form 483 issued to Aurobindo Pharma's Unit 3 US FDA observations
-Lab controls don't include establishment of apt sampling plans, test procedures
-Quality control unit lacks authority to investigate errors that occurred
-Procedures applicable to quality control unit not in writing
-Procedures applicable to quality control unit not fully followed
-Deviations from written test procedures not recorded & justified
-Lab records do not include complete data
Alert: US FDA inspected Aurobindo Pharma's unit 3 from April 10-18, 2017
Alert: US FDA issued 6 observations to Aurobindo Pharma's Unit 3

Other stocks and sectors that are in news today:
-Sources to CNBC-TV18: Aurobindo unit IV injectables unit gets 6 US FDA observations
-Biocon gets tentative US FDA nod for Fingolimod capsules (used to treat multiple sclerosis)
-Lupin gets Form 483 from US FDA, citing 3 observations, inspection was completed on April 7
-Cyient appoints former US Ambassador Vinai Thummalapally to its board of directors
-Strides Shasun says successful completion of US FDA inspection at Oral Dosage Facility in Puducherry with zero 483 observations
-Thomas Cook inks an agreement to acquire Kuoni's global network of destination management specialists in Asia, Australia, Middle East, Africa & The Americas. The deal covers 17 countries.
-Shilpi Cable claims bankruptcy rumors are false
-Aurobindo Pharma completes acquisition of Generis Farmaceutica
-Linc Pens inaugurates new factory in Gujarat, to Manufacture 18 crore pens annually and can be scaled up to 50 crore pens
-Indiabulls Housing in focus: Crisil upgrades rating to AA+ positive
-Richa Industries in focus: Brickwork Ratings assigns BBB- outlook stable grade in bank loan facilities
-Inox Leisure entered into a ticketing agreement with Orbgen Technologies for promotions, marketing and listing of its movie tickets inventory
-PNB reduces MCLR on various tenors by 10bps
-Lakshmi Vilas Bank reduces MCLR on various tenors
-Hindusthan National Glass says strike withdrawn by workers
-GAIL awards pipeline laying work contracts for another 131 Km in Kerala, 75 percent of Kochi – Koottanad – Mangaluru pipeline now in construction phase
-Punjab & Sind Bank's bonds upto Rs 1,000 crore have been rated as A+(stable) by CARE and A+ (hyb) (stable) by ICRA
-Punjab National Bank to raise Basel III compliant debt instrument –Tier I capital bonds upto of Rs 3,000 crore and Tier – II bonds up to Rs 3,000 crore
-Shriram group in focus: Xander to buy Shriram’s SEZ for Rs 1,220 crore: ET
-Bain capital in talks to invest Rs 800 crore in Motilal Oswal's housing finance arm: ET
-UP Government asks sugar mills to pay 15 percent interest on cane arrears for 2016-17
-City Union Bank says RBI extends tenure of MD, CEO Kamakodi by 3 years
-Thermax wins export contracts worth USD 157 million for projects in Africa

first published: May 2, 2017 08:05 am

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