Nov 24, 2016 10:52 AM IST | Source: CNBC-TV18

Stocks in news: Pratibha, L&T Fin, NBCC, High Ground, GVK, Bodal

Pratibha Industries | Bodal Chemicals | Oil India | Tata Elxsi | Cadila Healthcare | NBCC | Jyoti Structures | Transformers & Rectifiers | Rallis India | HPL Electric | High Ground Enterprise | Navkar Corp | Navneet Education | GVK Power | L&T Finance | Lloyd Electric | PC Jeweller and Jindal Stainless are stocks, which are in the news today.

Here are stocks that are in news today:

Results today: Aditya Birla Fashion, Jindal Polyfilm, Suven Life Sciences, Karuturi Global, Manpasand Beverages, Opto Circuits, Escorts Finance, Flex Foods

Jindal Stainless Q2
-Net loss at Rs 65 crore versus loss of Rs 122.9 crore (YoY)
-Total income up 25.8 percent at Rs 2,078.2 crore versus Rs 1,651.8 crore (YoY)
-EBITDA up 62.1 percent at Rs 233.9 crore versus Rs 144.3 crore (YoY)
-EBITDA margin at 11.3 percent versus 8.7 percent (YoY)
-Mining division excluding Odisha mine demerged to Jindal Stainless Hisar
-Odisha government has refused to transfer mine, will continue to vest with company

Peninsula Land Q2
-Net loss at Rs 9.5 crore versus loss of Rs 5 lakh (YoY)
-Total income up 17.9 percent at Rs 13.2 crore versus Rs 11.2 crore (YoY)

Lloyd Electric Q2
-Net profit up 25.8 percent at Rs 12.2 crore versus Rs 9.7 crore (YoY)
-Total income up 30.2 percent at Rs 512.2 crore versus Rs 393.5 crore (YoY)
-EBITDA up 14.3 percent at Rs 48 crore versus Rs 42 crore (YoY)
-EBITDA margin at 9.4 percent versus 10.7 percent (YoY)

Bannariamman Sugars Q2
-Total income up 57.7 percent at Rs 588.2 crore versus Rs 373 crore (YoY)
-EBITDA at Rs 101 crore versus Rs 44.6 crore (YoY)
-EBTITDA margin at 17.2 percent versus 12 percent (YoY)
-Net profit at Rs 45.4 crore versus Rs 3.8 crore (YoY)

PC Jeweller Q2
-Net profit up 16.3 percent at Rs 106.93 crore versus Rs 91.92 crore (YoY)
-Total income up 30.2 percent at Rs 2,174.6 crore versus Rs 1,669.6 crore (YoY)
-EBITDA down 8.9 percent at Rs 178.7  crore versus Rs 196.2 crore (YoY)
-EBITDA margin at 8.2 percent versus 11.8 percent (YoY)

L&T Finance Holdings: ET
-L&T Finance has appointed Kotak Investment Bank: ET
-Kotak will help in selling the de-focused business of Rs 3,800 crore

GVK: Mint
-GVK Airport looks to raise USD 200 million
-GVK Airport is a subsidiary of GVK Power & Infra

Navneet Education
-Ex-date for buyback participation
-To buyback 46.57 lakh shares at Rs 125 per share

Taro Pharma (subsidiary of Sun Pharma)
-Board approves new USD 250 million share repurchase authorisation of ordinary shares
-Authorisation follows completion of previous repurchase in August 2016

Other stocks and sectors that are in news today:
-HealthCare Global enters into JV with Regency Hospital
-Jubilant Life in focus: US arm recalls Pullularia Pullulans for misbranded allergenic extract
-Aarti Industries buyback window from November 24 to December 7
-NSE listings - High Ground Enterprise
-HPL Electric - India Ratings & Research upgrades long term rating from A- to A and reaffirmed short term rating of A1
-Yes Bank waives merchant discount rate charges for all debit card transaction
-Rallis India signed agreement to increase stake in Zero Waste Agro – Organics to 100 percent
-Vardhman Industries to acquire additional 7.2 lakh shares of Rs 100 each in Vallabh Steel West
-Navkar Corp terminates Gujarat contract from Kribhco Infra
-Walchandnagar approved issue of non-convertible debentures (NCDs) up to Rs 150 crore out of the financial facility of Rs 235 crore
-Infosys to invest Rs 31.6 crore in Stellaris Venture Partners
-Transformers & Rectifiers bags Rs 96 crore order from Adani Group for solar power project
-NBCC executed MoUs with Rosinformexport, Department for International Development of India and ITI
-Cadila's 20,000 bottles of anti-depressant recalled in US: BS
-Lenders seek to sell 51 percent stake in Jyoti Structures: FE
-Tata Elxsi added over 20 percent to design & tech workforce in last 4 months via new hiring
-Government has asked companies to provide fertiliser to farmers on credit
-Power Grid to consider issue of debentures via private placement on November 28
-Oil India board to consider issue of bonus shares on November 28
-UltraTech Cement proposes to issue NCDs worth Rs 400 crore
-Sagar Cement board to consider allotment of 6.12 lakh shares via private placement on November 28
-Gujarat HC approves amalgamation of Bodal Agrotech with Bodal Chemicals
-Pratibha Industries wins contract worth Rs 92.2 crore from Tamil Nadu Water Supply Board
-CCS clears purchase of Dornier Aircraft worth Rs 2,500 crore

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