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HomeNewsBusinessStocksStocks in news: DLF, Suzlon, Unitech, Bharti, Videocon, BEL

Stocks in news: DLF, Suzlon, Unitech, Bharti, Videocon, BEL

MMTC | Eros International | EIH | Unitech | DLF | Berger Paints | GSPL | Bharat Electronics | Fortis Healthcare | Suzlon Energy | Omaxe | Bharti Airtel | Havells | IVRCL and Videocon are stocks, which are in the news today.

May 31, 2013 / 10:50 IST
     
     
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    Here are stocks that are in news today:

    RBI revises norms for debt recast by banks, financial institutions
    -RBI changes asset reclassification norms effective 2015
    -RBI restructured standard accounts to be classified as sub-standard
    -RBI hikes provision for recast accounts to 5 percent from 2.75 percent now      
    -RBI higher provision on new recast accounts from June 1
    -RBI provision on existing recast accounts to be hiked in phases
    -RBI provision on existing recast accounts to be hiked to 5 percent by FY16
    -RBI says banks to convert debt into preference shares only as last resort
    -RBI says banks can convert debt into equity only for listed companies

    Sources say Atul Rai resigns as JM Financial Chief; to be relieved effective Friday
    -Resignation submitted to IFCI board today; has been accepted: Sources
    -Selection panel to be set up for new IFCI CEO and MD: Sources
    -Atul Rai resigned after recent controversies and complaints: Sources
    -State-run IFCI board meet saw violent altercation between CCO and 1 VP on Monday: Sources
    -Complaint against Atul Rai tenure filed at SC by Prashant Bhushan: Sources

    US FDA issues warning letter to Hospira
    -US FDA letter post Hospira's Chennai facility inspection in October
    -US FDA says serious violation of current good manufacturing practices
    -Company did not follow procedures to prevent drugs’ contamination: US FDA
    -Hospira says take matter seriously and intend to respond in timely manner

    GAIL challenges in HC PNGRB's power to set gas transport tariff
    -High Court issues notice to PNGRB on GAIL plea against gas transport rate
    -High Court notice to PNGRB on GAIL plea against gas transport pact norms

    Directorate General of Civil Aviation (DGCA) sources say to send proposal for VAT cut on aviation turbine fuel (ATF) to states
    -Proposal to be restricted to only new connections: DGCA Sources

    M&M's Pawan Goenka to CNBC-TV18
    -Tractor sales will bring in cheer this year for industry
    -Looking at regaining market share in tractor this year
    -Have the strongest SUV portfolio
    -Well positioned to take on competition
    -Working on developing new products in the SUV space
    -Market share bound to go down in SUV market
    -Excise duty hike has impacted SUV segment by 14 percent de-growth
    -Excise duty hike no doubt a dampner
    -No plans to slow down investment or product launches
    -Capex of Rs 7,500 crore and Rs 2,500 crore investment over 3 years for M&M, MVML
    -Rs 800 crore of Rs 2,500 crore investment has already gone into Ssangyong
    -XUV500 demand slow right now; not very concerned about sales
    -Things have looked up for Ssangyong in last 3 months
    -Do not expect to break-even in Ssangyong this year

    SEBI eases eligibility norm for shares lending, borrowing scheme
    -SEBI extends securities lending, borrowing scheme to more companies' shares
    -SEBI says all Group-I securities eligibile for lending, borrowing scheme

    SEBI relaxes offer for sale (OFS) announcement guideline
    -SEBI allows companies to announce OFS a day before share sale
    Alert: Companies earlier needed to announce OFS 2 days prior

    Other stocks and sectors that are in news today:
    -Bharti Airtel set to sell landline, enterprise biz, move aimed at cutting debt – ET (eyes valuation of Rs 17000 crore for -landline and Rs 6500 crore for other arm)
    -Warbug Pincus exits Havells, sells it entire stake to Vontoble via block deal yesterday
    -Lenders have restructured Rs 14500 crore Sasan loans – ET
    -IVRCL plan to sell 74 percent stake in ongoing road project objected by NHAI – ET
    -ONGC, Shell set to split USD 6 billion gas buy, ONGC to buy Videocon's 10 percent in Mozambique assets – TOI
    -Welspun to hive of infra, energy and sponge iron biz – TOI

    DLF Q4
    -Consolidated net loss at Rs 4.2 crore Versus profit of Rs 211.7 crore (YoY)
    -Consolidated net sales at Rs 2,225.5 crore Versus Rs 2,616.8 crore (YoY)

    Suzlon Energy Q4
    -Consolidated net loss at Rs 1,913 crore Versus loss of Rs 300 crore (YoY)
    -Consolidated income from operations at Rs 4,281 crore Versus Rs 6,700 crore (YoY)
    -Suzlon Energy says exceptional item of Rs 604 crore
    -Monetising non-croreitical assets to raise up to USD 400 million in FY14

    MTNL Q4
    -Net loss at Rs 1,986 crore Versus loss of Rs 1,182 crore (QoQ)
    -Total income from operations at Rs 918.5 crore Versus Rs 835 crore (QoQ)

    Fortis Health Q4
    -Consolidated net loss at Rs 116 crore Versus profit of Rs 48 crore (YoY)
    -Consolidated income from operations at Rs 1,595 crore Versus Rs 1,269 crore (YoY)
    -Consolidated other income at Rs 37 crore Versus Rs 109 crore (YoY)

    Bharat Electronics Q4
    -Net profit at Rs 592.7 crore Versus Rs 333.8 crore (YoY)
    -Net sales at Rs 2,727.6 crore Versus Rs 2,232.1 crore (YoY)

    GSPL Q4
    -Net profit at Rs 161.5 crore Versus Rs 129.2 crore (YoY)
    -Net sales at Rs 358.9 crore Versus Rs 276.3 crore (YoY)

    Aurobindo Pharma Q4
    -Consolidated net profit at Rs 108.6 crore Versus Rs 108 crore (YoY)
    -Consolidated net sales at Rs 1,552.6 crore Versus Rs 1,170.7 crore (YoY)

    JM Financial Q4
    -Consolidated net profit at Rs 69.7 crore Versus Rs 40.7 crore (YoY)
    -Consolidated total income from operations at Rs 276.4 crore Versus Rs 256.4 crore (YoY)

    Berger Paints Q4
    -Consolidated net profit at Rs 43.8 crore Versus Rs 44.6 crore (YoY)
    -Consolidated total income at Rs 808.6 crore Versus Rs 747 crore (YoY)
    -Consolidated EBITDA at Rs 88 crore Versus Rs 74 crore (YoY)
    -Consolidated OPM at 10.9 percent Versus 9.9 percent (YoY)

    Omaxe Q4
    -Consolidated net profit at Rs 35.7 crore Versus Rs 23.7 crore (YoY)
    -Consolidated total income from operations at Rs 679.6 crore Versus Rs 603.5 crore (YoY)

    Unitech Q4
    -Consolidated net profit at Rs 30.3 crore Versus Rs 2.3 crore (YoY)
    -Consolidated income from operations at Rs 848.2 crore Versus Rs 716.2 crore (YoY)

    EIH Q4
    -Net profit at Rs 27 crore Versus Rs 45 crore (YoY)
    -Net sales at Rs 342.5 crore Versus Rs 323.5 crore (YoY)

    3M India Q4
    -Net profit at Rs 21.1 crore Versus Rs 21.8 crore (YoY)
    -Net sales at Rs 403.4 crore Versus Rs 395.7 crore (YoY)

    Natco Pharma Q4
    -Consolidated net profit at Rs 12 crore Versus Rs 12.6 crore (YoY)
    -Consolidated net sales at Rs 161.5 crore Versus Rs 141.7 crore (YoY)

    Eros International Q4
    -Net profit at Rs 9.6 crore Versus Rs 11.5 crore (YoY)
    -Total income from operations at Rs 153.3 crore Versus Rs 146 crore (YoY)

    IVRCL Q3
    -Net profit at Rs 6 crore Versus Rs 4.9 crore (YoY)
    -Total income at Rs 1,494.3 crore Versus Rs 1,598 crore (YoY)

    United Breweries Q4
    -Net profit at Rs 5.8 crore Versus Rs 7.3 crore (YoY)
    -Net sales at Rs 932 crore Versus Rs 899 crore (YoY)

    MMTC Q4
    -Net profit at Rs 2.2 crore Versus Rs 89.5 crore (YoY)
    -Total income from operations at Rs 7,162.5 crore Versus Rs 10,940 crore (YoY)

    first published: May 31, 2013 08:50 am

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