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  

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Stocks in news: Ambuja Cem, NTPC, HUL, L&T, Sun Pharma

Here are stocks that are in 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

  

Entities: IPL
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