Moneycontrol
Apr 21, 2017 09:14 AM IST | Source: CNBC-TV18

Stocks in the news: Reliance, ICICI, Wipro, Mindtree, Radico Khaitan, Diamond Power

Reliance Industries | ICICI Bank | Wipro | Tata Steel | Reliance Communications | Mindtree | Indian Hotels | Spice Mobility | PVR | HDIL | Dhampur Sugar | Dollar Industries | Radico Khaitan | Brigade Enterprises | Bombay Rayon and Diamond Power are stocks, which are in the news today.

Here are stocks that are in news today:

Results today: HDFC Bank, ACC, FAG Bearing, Tinplate, Tata Metaliks, Soma Paper

Mindtree Q4

-Consolidated net profit down 5.8 percent at Rs 97.2 crore versus Rs 103.1 crore (QoQ)

-Consolidated rupee revenue up 1.8 percent at Rs 1,318.1 crore versus Rs 1,295.3 crore (QoQ)

-Consolidated USD revenue up 1.8 percent at USD 195.6 million versus USD 192.2 million (QoQ)

-Consolidated EBITDA up 7.4 percent at Rs 187 crore versus Rs 174 crore (QoQ)

-Consolidated EBITDA margin at 14.18 percent versus 13.4 percent (QoQ)

-Mindtree says quarterly annualised attrition rate at 13.2 percent, best since 2014

Diamond Power Q4

-Net loss at Rs 317 crore versus loss of Rs 204 crore (YoY)

-Total income at Rs 197 crore versus Rs 734 crore (YoY)

Reliance Industries

-Successfully commissioned final phase of para-xylene units at Jamnagar

-With commissioning, company to become world's 2nd largest producer of para-xylene

-Set to commission one of the largest & integrated ethylene cracker globally

(Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com)

Max Financial

-Book launched for share sale up to USD 123 million, floor price Rs 607/share

-Base deal size is USD 94.3 million and upsized option is USD 28.3 million for Max Financial share sale

Alert: Max Financial share sale floor price of Rs 607, a 6.75 percent discount to Thursday's closing price of Rs 650.95

Dhampur Sugar Shareholding

-Dolly Khanna buys 1.18 percent stake in company in March 2017 against nil in December 2016

-AK Goel increase stake in company to 7.78 percent in March 2017 against 5.90 percent in December 2016

Wipro trims workforce by 350-400 employees: Sources

Wipro to CNBC-TV18

-Undertake rigorous performance appraisal process on a regular basis

-Process aims to align workforce with business objectives, strategic priorities

-Performance appraisal may lead to separation of some employees

Vedanta

-Fire at power plant in Punjab resulted in shut down of 3 units for 60 days

-Jharsuguda-I plant had a pot outage incident earlier this week

Tata Steel

-Board approves issue of debt securities of up to Rs 9,000 crore

-Funds to be deployed towards re-financing debt, capex requirements

Other stocks and sectors that are in news today:

-Indian Hotels in focus: Supreme Court permits auctions of Taj Mansingh

-Spice Mobility incorporates subsidiary in Dubai to undertake business of software and IT

-PVR's chief business development officer terminated on disciplinary grounds

-Dollar Industries listing today

-ICICI Bank in focus: Warburg leads race to buy part of Fairfax's ICICI Lombard stake: BS

-SES tells shareholders to vote against Reliance Communications-Aircel merger: ET

-Hathway Cable to invest Rs 1,000 crore in 3 years: BS

-Madhuri Madhusudan Kela buys 7.04 lakh Radico Khaitan shares at Rs 117/share

-Brigade Enterprises board to meet on April 25 to consider fund raising

-Bombay Rayon board meet on April 25 to approve S4A scheme

-HDIL launches a new project 'The Nest' in Mumbai

-USFDA finds incomplete lab records at Sun Pharma's Dadra plant: Agencies

-Teva Pharma gets tentative US FDA nod for Dabigatran Etexilate capsules (Used to reduce risk of stroke & serious blood clots in patients with arterial issues)

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