Here are stocks that are in news today:
Results - BPCL, Crompton, Great Offshore, ITC, Mahindra Forging, MOIL, NHPC, Nitesh Estates, Reliance Infrastructure, Religare, Sun TV, Suzlon, GMDC, Gravita, Mercator, Redington India, Karur Vysya Bank, ENIL, Aarti Drugs, Trident, Excel Industries, Glodyne Technoserve, Golden Tobacco, JMT Auto, Mirc Electronics, Texmaco Rail, Zylog, Onward Tech, Jyoti Structures,
Warburg board likely to have approved Future Capital investment: Sources
-Future group & Warburg management likely to meet on Friday to sign term sheet
-Pantaloon board has given in-principle nod for deal
-Deal likely to lead to open offer from Warburg
-Warburg likely to buy stake from Future group arm
-Warburg to acquire FCHL stake from Future value retail
-Warburg to get majority stake in future capital
-Future cap may retain minority stake post Warburg investment
-Deal likely values Future Capital between Rs 160-175/share
Top auto makers from PTI
-Offer discounts of up to Rs 50,000 on petrol models
-Include Maruti Suzuki , Tata Motors and Hyundai Motor
Bharti Airtel acquires 49% in Qualcomm India's BWA entities for USD 165 million (announcement yesterday during market hours)
-Acquires 23% stake via fresh equity
-To hold licences in Delhi, Haryana, Mumbai & Kerala
-Acquires 26% Stake from GHC, Tulip Telecom at 13% from each
-GHC is promoter of GTL and GTL Infra
-Company to have BWA in 8 circles post acquisition
-To assume full ownership by 2014-end
Tulip Telecom says
-Financial investment; gains to strengthen balance sheet
-Had an investment of around Rs 140 crore in Qualcomm
-Will be using money for payment of outstanding FCCBs
TARO changed financial year to March versus December ( Sun Pharma 's subsidiary) Q4
-Sales up 34.7% to Rs USD 145 million
-Operating Income up 98% to Rs USD 66.2 million versus USD 33.4 million
-Operating margins at 45.6% vs 31%
-Net Income at USD 47.3 million versus USD 25.7 million
Other stocks and sectors that are in news today:
- JP Associates to repay over Rs 3000 crore of FCCBs next month ET
- Havells India refinances Rs 714 crore of debt ET (results next week)
-SEBI to keep insider trading violation out of the ambit consent order mechanism FE (move could impact cases like RIL )
-L&T Infra in talks with PE players to raise USD 250-300 million Agencies
- Glenmark close to final clinical trials for asthma arthritis drug BS
-Canada’s Intact, Germany’s HDI-Gerling in race to acquire stake in Reliance General Life Mint
-Essel group close to buying DB Corp stake in DNA publisher Mint
- GMR Infrastructure arm ties up Rs 540 crore debt for Udaipur Ahmadabad expressway project
- GPT Infraprojects Bags Rs 118 crore construction Orders from BHEL - Century Enka suspends company's operation at Mahad Location
TVS Motor Q4FY12 YoY
-Net Profit at Rs 57 Cr (crore) vs (versus) Rs 44 Cr
-Income from operations at Rs 1,603 Cr vs Rs 1,609 Cr
Jet Airways Q4FY12 YoY
-Net loss at Rs 298 Cr vs Loss of Rs 124 Cr
-Income from Ops at Rs 4,027 Cr vs Rs 3,162 Cr
Orbit Corp Q4FY12 YoY Consolidated
-Net Sales up 80% at Rs.122.5cr vs Rs.68.12cr
-EBITDA down 17.5% at Rs 43.8cr vs Rs 53.10cr
-EBITDA at 35.8% vs 78.0%
-Alert: Q4FY11 results appear superior as they have accounted for inventory (increase) amounting to Rs 98.8cr
-PAT: Net Loss at Rs 4.97cr vs Rs 19cr
-Interest up 40.8% at Rs 37.3cr vs Rs 26.5cr
-Tax provision up 2.1 times at Rs.11.9cr sv Rs.5.5cr
-Alert: Tax Provision for Q4FY12 & FY12 includes amount of Rs.9.7cr attributable to previous yr
Gujarat Alkalies Q4FY12 YoY
-Net Profit at Rs 44 Cr vs Rs 56 Cr
-Net Sales at Rs 422 Cr vs Rs 401 Cr
Voltas Q4FY12 Consolidated YoY
-Net Profit at Rs 104 Cr vs Rs 101 Cr
-Net Sales at Rs 1,573 Cr vs Rs 1,671 Cr
Ramco Ind Q4FY12 YoY
-Net Profit at Rs 25 Cr vs Rs 13.2 Cr
-Net Sales at Rs 190 Cr vs Rs 180 Cr
-Other Income at Rs 10 Cr vs Rs 3 Lakh
Shasun Pharma Q4FY12 YoY Consolidated
-Net Profit at Rs 59 Cr vs Rs 38 Cr
-Net Sales at Rs 289 Cr vs Rs 204 Cr
GSPL Q4FY12 YoY
-Net Profit at Rs 129 Cr vs Rs 151 Cr
-Net Sales at Rs 276 Cr vs Rs 255 Cr
MCX Q4FY12 YoY
-Net profit at Rs 66 Cr vs Rs 55 Cr
-Income from ops Rs 124 Cr vs Rs 106 Cr
JM Financial Q4
-Net Profit at Rs 41 Cr vs Rs 28 Cr
-Income from ops at Rs 260 Cr vs Rs 194 Cr
Va Tech Wabag Q4FY12 Consolidated YoY
-Net Profit at Rs 60 Cr vs Rs 46 Cr
-Net Sales at Rs 671 Cr vs Rs 509 Cr
-Recommends dividend of Rs 6/sh
LT Foods Q4FY12 Consolidated YoY
-Net Profit at Rs 28 Cr vs Rs 9 Cr
-Net Sales at Rs 504 Cr vs Rs 421.5 Cr
Future Ventures Q4FY12 Consolidated YoY
-Net Loss at Rs 9 Cr vs Net Loss at Rs 13 Cr
-Net Sales at Rs 206 Cr vs Rs 147.5 Cr
Pidilite Q4FY12 YoY Consolidated
-Net Profit at Rs 64 Cr vs Rs 46 Cr
-Net Sales at Rs 720 Cr vs Rs 630 Cr
