Apr 24, 2012 11:20 AM IST | Source: CNBC-TV18

Stocks in news: TCS, UltraTech, M&M Financial, Rallis India

TCS | UltraTech Cement | M&M Financial Services | Tata Sponge | Rallis India | BOC India and Autoline Industries are stocks, which are in the news today.

  • bselive
  • nselive
Todays L/H

Here are stocks that are in news today:

Results Today - Sesa Goa, Petronet LNG, ING Vysya Bank, BEL, Blue Dart, Bajaj Corp, Polaris Financial Tech, GRUH Finance, Igarashi Motors, Granules, Automotive Stamping, AP Paper Mills, Parrys, Oudh Sugar, LKP Finance

-Net Profit at Rs 2,932.4 crore versus Rs 2,886 crore (QoQ)
-Revenue at Rs 13259 crore versus Rs 13204 crore (QoQ)
-EBIT at Rs 3,672 crore versus Rs 3,862 crore (QoQ)
-EBIT Margin at 27.7% versus 29.24% (QoQ)
-To pay Rs 16/share final dividend

UltraTech Cements Q4
-Net profit at Rs 867 crore versus Rs 727 crore
-Net sales at Rs 5,337 crore versus Rs 4490 crore
-Ultratech to pay Rs 8/share dividend

M&M Financial Services Q4
-Net Profit at Rs 242 crore versus Rs 165 crore (YoY)
-Income from operations at Rs 880 crore versus Rs 598 crore (YoY)

Tata Sponge Q4
-Net Profit at Rs 14.6 crore versus Rs 43 crore (YoY)
-Net sales at Rs 177.7 crore versus Rs 191.6 crore (YoY)

Rallis India Q4
-Consolidated net profit at Rs 10 crore versus Rs 19 crore (YoY)
-Consolidated net sales at Rs 206 crore versus Rs 238.5 crore (YoY)
-Rallis India buys 51% in organic manure company for Rs 29 crore

BOC India Q4
-Net profit at Rs 17.85 crore versus Rs 26.71 crore (YoY)
-Net sales at Rs 301 crore versus Rs 216 crore (YoY)

TBZ IPO issue opens today
-Issue price band Rs 120-126/share
-Allots 24.9 lakh shares to anchor investors at Rs 120/share
-Anchor investors include HSBC Global Investment Funds, HSBC India Alpha(Mauritius) and Credit Suisse

Kingfisher Airlines (KFA) (stock down 10% yesterday)
I-T Dept (Sources Say)
-Sends third notice on prosecution proceedings versus KFA
-Send notices to 15- 20 top executives of KFA
-Gives time to each exec to respond & appear by April 30
KFA says
-Notice to appear before I-T dept; is part of correspondence on the same subject

Other stocks and sectors that are in news today:
-SC issues notice to government, ONGC, Cairn India and Vedanta on petition seeking criminal investigation
-CCI fines United Phosphorous Rs 252.4 crore, on Excel Crop Rs 64 crore for price manipulation – ET
-China allows imports on Indian basmati rice (positive for basmati companies)
-Welspun puts Rs 6000 crore steel plant in Maharashtra on hold – BS
-Parrys Sugar Ind board meet on April 25 to mull demerger of certain undertakings into holding company, EID Parry
-Religare Finvest buys 2.5 lakh shares (2%) of Autoline Industries, total stake at 8.32%

Follow us on
Available On