Feb 11, 2013 09:33 AM IST | Source: CNBC-TV18

Stocks in news: Cipla, IVRCL, Bharat Forge, Sun Pharma, GMR

Cipla | IVRCL | Kamat Hotels | Hindalco | Orbit Exports | MBL Infra | Bharat Forge | BEML | BGR Energy | Emami | IGL | GMR Infra | NCC | Max India | M&M | Sun Pharma and Elantas Beck are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Results Today: ONGC, JP Associates, Britannia Industries, Punj Lloyd, Tata Power, Voltas, Welspun Projects, Hexaware, Dishman Pharma, ENIL, Hanung Toys, Heidelberg Cement, Hindustan Media, JP Infratech, JSW Ispat, OMAXE, Sadbhav Engg, Sundaram Fastners, Camson Bio, Clutch Auto, Euro Ceramics, Gabriel India, Indo Tech Trans, Insecticides India, JHS Svendgaard, Mangalam Cement, Sakthi Sugar, Suntech Realty, Texmaco Infra, Texmaco Rail, TV Today, ABC Bearings, AIA Engineering, Asahi India, Atlanta, Flexituff Intl, Kemrock Inds, Man Infra, Mandhana, Precision wires, PTC India Financial, Tara Jewels, Visa Steel, VKS Projects, Voltamp Transformers, Weizmann

MCX-SX goes live with equity trading from today

Sun Pharma, Taro Pharma mutually agreed to end merger with company
Alert: Sun Pharma had signed agreement with Taro in 2012
-Termination of agreement in best interest of both companies

Sun Pharma MD Dilip Shanghvi says
-Agreement terminated as Taro’s demand of significant increase in offer price unrealistic
-Decided that it would not be in interest of Sun Pharma shareholders to increase offer price
-Will continue to run Taro as we have been
-Some of the synergies with Taro would be difficult to derive as a partly owned subsidiary

Elantas Beck (stock down 20% on Friday)
-Parent to dilute stake via offer for sale (OFS)
-OFS for 10.74 lakh equity opens and closes today
-Floor price not revealed

Sai Silk IPO
-Opens today - closes on February 13
-Price band at Rs 70-75/share

SREI Infra to CNBC-TV18
-Kingfisher Airlines (KFA) loan held by company's debt fund
-KFA loan has underlying security of United Spirits (USL) shares
-Held 3.5-4% stake of USL as collateral
-Agreement to sell USL stake once USL-Diageo deal cleared
-Expect IRRs of 15-17% from deal
-Transaction has been cleared by SEBI
-Have to wait for CCI nod for any sale to take place

DoT internal committee recommends penalty of Rs 650 crore on Bharti Airtel: PTI
-Penalty for alleged violation of licence conditions for roaming service: PTI

M&M to buy BAE Systems' 26% in India Defence JV
Alert: M&M holds 74% stake in India Defence JV
M&M, BAE Systems to cooperate in specific defence JV

Hindalco says
-Maintained growth trajectory over quarters
-Other income has shored up our overall results
-Smelter operations saw a few disruptions
-Will see no impact of disruptions in aluminum biz
-Imported plant from UK to produce foil
-Foil plant already started production
-Hirakud is also in the throes of expansion of production
-Expect Hirakud expansion from 165 KT to 210 KT
-Received all environmental clearances required
-Competition from Imports especially China is a key challenge

Other stocks and sectors that are in news today:
-Cipla puts SA’s Medpro buyout on hold over valuations: ET
-Financial services companies must be kept out of banking - IRDA: ET
-BJP ready for talks on Insurance FDI: ET
-United Spirits open offer likely to open on February 25
-IVRCL Infra close to selling 3 road projects to Tata Realty: ET
-Clearwater moves SAT against SEBI over Kamat Hotels control: ET
-After Shell, Hindalco faces transfer pricing tax notice: BS
-Finance ministry in talks with RBI on potential sovereign bond issue: ET
-SBI Chairman says bankers to meet soon to take decision on Kingfisher loan: NW18
-NTPC took Rs 8,775 crore loan from REC for Aurangabad, Bihar project capex
-Govt says: NTPC OFS average price at Rs 146.43/share
-Union Bank cuts base rate by 25 bps to 10.25% effective February 9
-Orbit Exports okays buying 49% stake in Dubai's Rainbow Line Trading
-SC adjourns SEBI Vs Sahara case to third week of February
-Asahi India seeks to raise Rs 250 crore via rights issue
-MBL Infrastructure bags a 46.98 km Annuity plus Toll Road Project in MP

Bharat Forge Q3
-Net Profit At Rs 47.5 Cr Vs Rs 103.1 Cr (YoY)
-Net Sales At Rs 660.5 Cr Vs Rs 921 Cr (YoY)

-Net Loss At Rs 63.3 Cr Vs Profit Of Rs 40 Cr (YoY)
-Net Sales At Rs 670.4 Cr Vs Rs 573.7 Cr (YoY)

BGR Energy Q3
Net Profit At Rs 41.4 Cr Vs Rs 55 Cr (YoY)
Net Sales At Rs 805 Cr Vs Rs 804 Cr (YoY)
EBITDA At Rs 110.6 Cr Vs Rs 131 Cr (YoY)
EBITDA Margin At 13.7% Vs 16.3% (YoY)

Emami Q3
Cons Net Profit At Rs 115 Cr Vs Rs 94 cr (YoY)
Cons Total Income At Rs 548.6 Cr Vs Rs 457 Cr (YoY)
EBITDA At Rs 162.4 Cr Vs Rs 118 Cr (YoY)
EBITDA Margin At 29.6% Vs 25.8% (YoY)
Net Profit At Rs 86.3 Cr Vs Rs 69.2 Cr (YoY)
Net Sales At Rs 868 Cr Vs Rs 661.5 Cr (YoY) 
DB Realty Q3 consolidated
PAT at Rs 21.3 lakh vs Rs 11.7 cr YoY
Sales at Rs 124.5 cr vs Rs 104.8 cr YoY

GMR Infra Q3:
Consolidated Net Loss At Rs 217 Cr Vs loss of Rs 108 cr (YoY)
Consolidated Total Income At Rs 2,378 Cr Vs Rs 1,999 Cr (YoY)
EBITDA At Rs 552 Cr Vs Rs 469 Cr (YoY)
Operating Margin At 23.2% Vs 23.5% (YoY)
Cons Forex Loss Of Rs 32 Cr ::

Net Profit At Rs 119 Cr Vs Rs 126 Cr (YoY)
Net Sales At Rs 260.6 Cr Vs Rs 273.9 Cr (YoY)

Cons Net Profit At Rs 12.4 Cr Vs Loss Of Rs 10.3 Cr (YoY)
Cons Total Income At Rs 1,558 Cr Vs Rs 1,534.1 Cr (YoY)
Cons EBITDA At Rs 177.5 Cr

Radico Khaitan Q3:
Net Profit At Rs 18.4 Cr Vs Rs 23.7 Cr (YoY)
Total Income At Rs 326 Cr Vs Rs 301.7 Cr (YoY)

Dhampur Sugar Q3:
Net Profit At Rs 5.3 Cr Vs Rs 2.2 Cr (YoY)
Net Sales At Rs 315.7 Cr Vs Rs 457.8 Cr (YoY)

Max India Q3
Net Profit At Rs 26.6 Cr Vs Loss Of Rs 1.9 Cr (YoY)
Net Sales At Rs 165.8 Cr Vs Rs 169.5 Cr (YoY)

Hinduja Ventures Q3
Net Profit At Rs 17.9 Cr Vs Rs 63.5 Cr (YoY)
Net Sales At Rs 459.2 Cr Vs Rs 299 Cr (YoY)

Panacea Bio Q3
Net loss at Rs 62.3 Cr Vs Loss of Rs 71.7 cr (YoY)
Total income at Rs 184.1 cr Vs Rs 155.2 cr (YoY)

Genpact Q4
Net income at USD 53.4 million Vs USD 25.2 million (QoQ)
Revenue at USD 507.7 million Vs USD 491.2 million (QoQ)
Net income margin at 10.5% Vs 5.1% (QoQ)

Andhra Petrochem Q3
Net loss at Rs 3.2 cr Vs profit of Rs 12 cr (YoY)
Net sales at Rs 122.5 Cr Vs Rs 155.7 Cr (YoY)

Vadilal Q3
Net loss at Rs 1 cr Vs loss of Rs 94 lakh (YoY)
Net sales at Rs 52.1 cr Vs Rs 49.4 Cr (YoY)

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