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Stocks in news: Reliance, Axis Bank, Opto Circuits, Assam Co

Reliance Industries | Axis Bank | Opto Circuits | Cairn India | IDFC | BASF India | Assam Company | Neyveli Lignite | IDFC Bank | Subex and Dhanlaxmi Bank are stocks, which are in the news today.

January 20, 2016 / 09:50 IST
 
 
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Here are stocks that are in news today:

Results today: Axis Bank, DHFL, UltraTech Cement, Edelweiss Financial Services, GATI, Indiabulls Housing Finance, JSW Energy, KPIT Technologies, NIIT, Nucleus Software, Reliance Infrastructure, Sasken Communication, South Indian Bank, Tata Elxsi, Tata Sponge Iron, Triveni Engineering

Reliance Industries Q3 (QoQ)-Standalone net profit at Rs 7,218 crore versus Rs 6,561 crore-Standalone total income at Rs 56,567 crore versus Rs 60,817 crore-Standalone EBITDA at Rs 10,272 crore versus Rs 9,833 crore-GRM at USD 11.50/barrel versus 10.6/barrel

Zensar Technologies Q3 (QoQ)-Consolidated net profit at Rs 71.5 crore versus Rs 91.3 crore-Consolidated total income at Rs 762 crore versus Rs 758.6 croreZensar Technologies to CNBC-TV18-Furloughs impacted revenue by USD 2.5 million in Q3-Q3 digital growth at 17 percent-Rupee revenue up 13 percent in 9 months-Enterprise biz was slower in Q3-No impact on account of Chennai floods-20 percent of pipeline is linked to digital-Expect digital to contribute 30 percent of revenue in 2 quarters-Digital deal size is increasing, executing a deal of USD 20 million

BASF India Q3 (YoY)-Net loss at Rs 106.4 crore versus loss of Rs 39.6 crore-Total income at Rs 1,131.7 crore versus Rs 977.6 crore

Triveni Turbine Q3 (YoY)-Net profit at Rs 27.5 crore versus Rs 23.6 crore-Total income at Rs 197.7 crore versus Rs 151.1 crore

Opto Circuits-Government hikes basic customs duty on certain medical devices to 7.5 percent from 5 percent-Withdraws exemption from additional customs duty on certain specified medical devices-Certain medical devices will now attract 4 percent additional customs duty

IDFC-Company may snap RBS’ corporate banking for Rs 3,000 crore: ET-Deal to help IDFC widen network, add customers

Assam Company-To sell property in Delhi; expecting Rs 1,100 crore from sale: BS-Company’s debt as of December 31 (year ending) was Rs 430 crore

Cairn India - Cairn Energy CEO Simon Thomson says-Seek USD 1 billion from Indian government in damages for attaching shareholding in Cairn India-Have a high level of confidence in case under UK-India investment treaty-Arbitration proceedings against GoI on retrospective tax have formally commenced

Neyveli Lignite-To enter steel industry: BS-Planning to set up an R&D integrated plant for coldry-matmor processing

Alok Industries-Board to consider issuing fresh 255 crore equity shares on debt conversion-Board to meet on January 28 to consider increasing share cap to Rs 4,000 crore

Other stocks and sectors that are in news today:-Aditya Birla NuvoPantaloons Fashion scheme of arrangement: Goes ex-today-Power companies - Government to consider new power tariff policy today: PTI-Indian Bank board approves raising Rs 1,100 crore via basel-III compliant Tier-II bonds-RBI says IDFC Bank authorised to be a receiving office for sovereign gold bond 2016-Subex closes its branch in Colorado, US-Dhanlaxmi Bank board to meet on January 29 to consider raising further equity shares on preferential allotment basis

Disclaimer: Reliance Industries owns Network 18 that publishes Moneycontrol.com.

first published: Jan 20, 2016 08:02 am

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