Aug 19, 2016 10:52 AM IST | Source:

Stocks in news: SBI, PC Jeweller, Wipro, UltraTech Cement, NHPC

Stocks in news: SBI | Marksans Pharma | Bhushan Steel | DHFL | Bharti Airtel | Reliance | Jai Corp | Vama Industries | UltraTech Cememt | NHPC | Chaman Lal Setia Exports | TCS | Wipro and Coffee Day are stocks, which are in news today.

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Todays L/H
Here are stocks that are in news today:

Companies shifted from A group to B group - Bhushan SteelFuture EnterprisesFuture Enterprises DVR

Sunrise Asian shifted from A group to XC group

Companies shifted from B group to A group - Marksans PharmaIntellect DesignPC Jeweller and VRL logistics

DHFL - Listing of debentures

SBI and Associate Banks - board approves merger
22 shares of SBI for 10 shares of SBT
28 shares of SBI for 10 shares of SBBJ
22 shares of SBI for 10 shares of SBM

Tata Group
Tata, Docomo to meet to end deadlock - ET

Bharti Airtel
Singtel to raise stake in Airtel parent by over 7% for $ 659 million - ET

Tata Group
Tesco- Tata scouts for land to prop up distribution - BS

Jai Corp/ RIIL
Navi Mumbai airport may miss 2019 deadline - FE

Transport Corp Q1
Net Profit (GU)12.1% At Rs 24.1 Cr Vs Rs 21.5 Cr (YoY)
Total Income (GU)6.6% At Rs 602.7 Cr Vs Rs 565.6 Cr (YoY)
EBITDA (GU)14.5% At Rs 53.6 Cr Vs Rs 46.8 Cr (YoY)
EBITDA Margin At 8.9% Vs 8.3% (YoY)

Shipping Corp Q1
Net Profit Down 72.6% At Rs 55.9 Cr Vs Rs 203.8 Cr (YoY)
Total Income Down 22.5% At Rs 840.5 Cr Vs Rs 1,084.8 Cr (YoY)
EBITDA Down 40.2% At Rs 213.8 Cr Vs Rs 357.7 Cr (YoY)
EBITDA Margin At 25.4% Vs 33% (YoY)

Other stocks and sectors in the news
Vama Industries board meeting on August 23, 2016 to consider stock split from Rs 10 to Rs 2
UltraTech Cement to issue NCDs worth Rs 500 crore
NHPC starts commercial operation of Unit 4 of West Bengal plant
Chaman Lal Setia Exports board meeting on August 29, 2016 to consider bonus issue
TCS expands strategic partnership with JetBlue
Coffee Day board meeting on September 14, 2016 to consider issue of NCDs
Wipro picks up minority stake in Israeli firm for USD 1.5 million
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