Stocks in news: Ambuja Cem, NTPC, HUL, L&T, Sun Pharma
Published on Fri, Feb 05, 2010 at 08:33 | Source : CNBC-TV18
Updated at Fri, Feb 05, 2010 at 08:34
Like this story, share it with millions of investors on M3
0
Like this story, share it with millions of investors on M3
Stocks in news: Ambuja Cem, NTPC, HUL, L&T, Sun Pharma
Ambuja Cement | Vishal Retail | NTPC | HUL | L&T | Sun Pharma | Hindustan Zinc | BEML | Siemens | Ansal Housing | PVP Ventures | Vakrangee Software and HMT are stocks, which are in the news today.
NTPC FPO (closes today) -Total subscription at 0.8 times (X) -QIB at 1.57X, NII at 0.0767X, Retail at 0.033X, employee at 0.099X
Ambuja Cement CY09: -Consolidated net profit at Rs 1,217 crore versus Rs 1,390 crore -Consolidated net sales at Rs 7,077 crore versus Rs 6,247 crore Ambuja Cement Says: -Cement demand growth seen at 9-10% in medium-term -Outlook for exports remains uncertain -ING Vysya Life stake sale profit at Rs 72.64 crore
Vishal Retail: From Sources -Vishal Retail promoters may be forced to exit -Strategic investor ready to put Rs 250 crore for majority stake -Promoter wants lenders to put Rs 100 crore in company -Co's Group President quits due to differences with promoters Vishal Retail Says: -Strategic investor has tabled to CDR committee -Will take necessary steps in interest of co & stakeholders -Have not yet asked for an extension of CDR deadline -Group President quit for better opportunities
Other stocks that are in news today: -Indian ADRs: Tata Motors down 8.5%, Sterlite down 6.8%, ICICI Bank down 6%, Patni down 5.7%, Wipro down 5.4% -Unilever CEO: HUL an underperformer, not happy with Indian arm's performance - Mint -Oil Secretary says expect cabinet decision on Parikh report before Budget -DB Realty sets IPO price at Rs 468/sh; lower-end of price band: DJ -L&T and EADS revive talks of defence JV (earlier rejected by govt) -Sun Pharma barred by Israeli SC from taro warrant conversion (would have raised stake to 41% from 36%) - ET/FE -Govt imposed anti-dumping duty on carbon black of upto Rs 20 - BS -BEML, Siemens signed agreement to jointly manufacture market rail coaches - BL -Hind Zinc cut prices by Rs 9600/tonne -PVP Ventures board approves fund raising upto Rs 500 crore (stock up 10%) -Ansal Housing launched new township project "Ansal Town". The project is expected to have a turnover Rs 125 crore and will be completed over next 3 to 4 years -Vakrangee Software board meet on February 8 to issue of equity shares to promoters (stock down 6.2%) -Multiplexes like PVR, cinemax, Fame, Inox roped in screen IPL matches - ET -HMT may get revival package by early FY11 - ET