Feb 08, 2013 09:45 AM IST | Source: CNBC-TV18

Stocks in news: GE Ship, Ambuja, NTPC, Glenmark, IBulls Fin

Pfizer | Hathway Cable | GE Shipping | MRF | NDTV | Bombay Dyeing | Shasun Pharma | Subex | Anant Raj Industries | Aurobindo Pharma | Ambuja Cements | NTPC | Glenmark | Arvind and Indiabulls Financial are stocks, which are in the news today.

  • bselive
  • nselive
Todays L/H

Here are stocks that are in news today:

Results Today: BEML, BGR Energy, Bharat Forge, Cadila Healthcare, Canara Bank, City Union Bank, Emami, Global offshore, GMR Infrastructure, GSPL, Hindalco Industries, M&M, Max India, NCC, Piramal Glass, Sun Pharma, Tata Chemical, Advanta India, Balmer Lawrie, BPL Birla Corp, Cox & Kings, Deepak Nitrite, Dhampur Sugar, Genus Communications, GTN Industries, Gujarat Apollo Industries, Harrisons Malyalam, Hinduja Ventures, JMT Auto, Kanoria Chemical, M&B Switchgears, Pratibha Industries, Radico Khaitan, Religare Tech, Subros, Sundaram Clayton, Uttam Galva, Va Tech Wabag, Aanjaneya Life, Indag Rubber, India Gelatine, India Steel, Microsec Finserve, Minda Industries, Moser Baer, NBCC, Novopan Industries, Panacea Biotec, Parshwanath Corporation, Schneider Industries

NTPC offer for sale (OFS)
-Issue subscribed 1.7 times
-Gets bids of 132.8 crore shares versus offer of 78.3 crore shares
-Cut off price Rs 145.55/share
-Govt raises Rs 11430 crore by selling 9.5 percent stake
**NTPC weightage in MSCI to rise to 1.79 percent from 0.63 percent post the OFS

Divestment Secretary Ravi Mathur says: on NTPC OFS
-NTPC OFS issue subscribed 1.7 times
-NTPC OFS gets bids for 132.8 crore shares
-Too early to indicate which disinvestment issue to be next
-Some more issues planned for this fiscal
-NALCO, SAIL, MMTC, RCF have got clearance for this fiscal
-Good response from FIIs to NTPC OFS
-Govt will get a little more than Rs 11,500 crore
-There is appetite in market for more PSU stake sale
-Yet to finalise divestment for next fiscal
-Meeting various department secretaries on divestment roadmap today

Indiabulls Financial block deal
-Investment Trust to sell shares via block deal today
-To sell 75 lakh shares, option to upsize to 1.5 crore shares
-Price range Rs 283-298/share
-DSP Merrill Lynch, UBS bankers

Also Read
Bull's eye: Buy Godrej Industries, Hathway; short Suzlon
Will M&M, Sun Pharma earnings help Nifty gain some momentum?

No more divestment issue likely in February: Govt sources say
-NALCO divestment issue likely in March
-Likely to sell stake in MMTC by March 15

Coal India, Neyveli Lignite, Nuclear Power Corp likely in FY14: Sources (CNBC-TV18 Exclusive)
-Hindustan Aeronautics divestment likely in FY14

DLF challenges CCI's order tweaking flat buy pact in Competition Appellate Tribunal
Alert: CCI had directed DLF to modify builder-purchase agreements for housing projects in Gurgaon earlier

Coal Minister says:
-Price pooling proposal for imported coal to be sent in 7-10 days to Cabinet Committee on Economic Affairs (CCEA)
-Price pooling to be method for imported coal to meet coal deficit
-Coal India will have to abide by CCEA's decision
-No cost plus basis for supply of imported coal

Hotel Leela board approves corporate debt restructuring scheme
Hotel Leela::
-CP Krishnan Nair steps down as chairman
-CP Krishnan Nair appointed chairman Emeritus
-Appoints Vivek Nair as chairman & managing director
-Appoints Dinesh Nair as co-chairman & MD

Glenmark Pharma announces 1st generic launch of Atovaquone Proguanil in UK
Alert: Atovaquone Proguanil is used for Malaria treatment

Bharti Airtel
-Announces new organisational structure for India
-New India organisational structure to have 8 hubs
-8 India Hubs to report to director of marketing operations

Other stocks and sectors that are in news today:
-Elantas Becks OFS on February 11
-Arvind in pact with Iconix JV to make Ed Hardy branded apparels
-Shree Ganesh Jewellery to allot 1 crore shares to promoters at Rs 150/share
-Canara Bank ups interest rate by 5 basis points for deposit size of Rs 1 crore and above
-Future group to list Future Lifestyle next quarter: DNA
-GMR weighs road IPO in Singapore: Agencies

Cognizant Q4
-Revenue at USD 1.95 billion Versus USD 1.89 billion (QoQ)
-Net income at USD 276.9 million Versus USD 277 million (QoQ)
-EBITDA margin at 18.8%
-CY13 dollar revenue guidance at 17%
-Q1CY13 revenue guidance at USD 2 billion Versus USD 1.95 billion (QoQ)
-CY12 revenue up 20% at USD 7.35 billion

From boardroom: Cognizant says:
-Bullish about demand environment
-Optimism comes from several factors
-Optimism based on client confidence, increased market share
-Seeing uptick in client budgets
-APAC biz grew by 40 percent in Q4
-Expect ramp-up in transformational deals in EU
-Always on lookout for acquisition possibilities
-No change in strategy for inorganic growth
-Pricing has been stable in Q4

Ambuja Cements Q4
-Net profit at Rs 212 Crore Versus Rs 302.4 Crore (YoY)
-Net sales at Rs 2,313 Crore Versus Rs 2,329.1 Crore (YoY)
-EBITDA at Rs 428 Crore Versus Rs 421 Crore (YoY)
-EBITDA margin at 18.5% Versus 18.1% (YoY)

Hotel Leela Q3:
-Net loss at Rs 97 Crore Versus loss of Rs 99.6 Crore (YoY)
-Net sales at Rs 182.8 Crore Versus Rs 159 Crore (YoY)

Shasun Pharma Q3
-Consolidated net profit at Rs 8.2 Crore Versus Rs 24.6 Crore (YoY)
-Consolidated net sales at Rs 257.1 Crore Versus Rs 295.8 Crore (YoY)

Subex Q3
-Consolidated net profit at Rs 7.7 Crore Versus loss of Rs 60.9 Crore (QoQ)
-Consolidated total income at Rs 90.6 Crore Versus Rs 78 Crore (QoQ)

JK Tyre Q3 :
-Net profit at Rs 21.1 Crore Versus Rs 26 Crore (YoY)
-Net sales at Rs 1,274 Crore Versus Rs 1,313 Crore (YoY)
Anant Raj Industries Q3
-Consolidated net profit at Rs 54.8 Crore Versus Rs 31.5 Crore (YoY)
-Consolidated total income at Rs 181.8 Crore Versus Rs 92.1 Crore (YoY)

Aurobindo Pharma Q3:
-Consolidated net profit at Rs 91.8 crore Versus loss of Rs 28.5 crore (YoY)
-Consolidated net sales at Rs 1,552 crore Versus Rs 1,263.7 crore (YoY)

Bombay Dyeing Q3:
-Net loss at Rs 26.8 Crore Versus loss of Rs 52.1 Crore (YoY)
-Net sales at Rs 471 Crore Versus Rs 421.4 Crore (YoY)

Hind Rectifiers Q3
-Net profit at Rs 2.5 crore Versus loss of Rs 1.4 crore (YoY)
-Net sales at Rs 32.6 crore Versus Rs 17 crore (YoY)

MSP Steel & Power Q3
-Net profit at Rs 2 crore Versus Rs 5.1 crore (YoY)
-Total income at Rs 208.1 crore Versus Rs 174.9 crore (YoY)

Ugar Sugar Q3
-Net profit at Rs 16 crore Versus Rs 11.3 crore (YoY)
-Net sales at Rs 204.6 crore Versus Rs 144.5 crore (YoY)

-Consolidated net profit of Rs 14.9 crore Versus loss of Rs 14.6 crore (QoQ)
-Consolidated total income at Rs 130 crore Versus Rs 103.3 crore (QoQ)

-Net profit at Rs 180.3 Crore Versus Rs 112.9 Crore (YoY)
-Net sales at Rs 3,625 Crore Versus Rs 2,875.5 Crore (YoY)

Gillette Q2
-Net profit at Rs 18.7 Crore Versus Rs 20 Crore (YoY)
-Net sales at Rs 351.9 Crore Versus Rs 311 Crore (YoY)

Uflex Q3
-Consolidated net profit at Rs 36.2 Crore Versus Rs 51.2 Crore (YoY)
-Consolidated total income at Rs 1,295 Crore Versus Rs 1,129 Crore (YoY)

JM Financial Q3
-Consolidated net profit at Rs 44.1 Crore Versus Rs 33.7 Crore (QoQ)
-Consolidated total income at Rs 267 Crore Versus Rs 243.6 Crore (QoQ)

GE Shipping Q3
-Consolidated net profit at Rs 191.8 Crore Versus Rs 87.5 Crore (YoY)
-Consolidated total income at Rs 759 Crore Versus Rs 756.2 Crore (YoY)

Hathway Cable Q3
-Net loss at Rs 7.4 Crore Versus loss of Rs 1.8 Crore (QoQ)
-Net sales at Rs 153 Crore Versus Rs 130.4 Crore (QoQ)

Pfizer Q3:
-Net profit at Rs 64 Crore Versus Rs 48.3 Crore (YoY)
-Net sales at Rs 229.8 Crore Versus Rs 252 Crore (YoY)

Follow us on
Available On