Stocks in news: ITC, Kingfisher, Indian Hotel, Persistent

Ambuja Cements | ITC | TCS | Exide Industries | L&T | Kingfisher Airlines | Great Offshore | Mahindra Satyam | Indian Hotels | Hindustan Zinc | Persistent Systems | Talwalkars | Everest Industries | Gujarat NRE Coke and Zee News are stocks, which are in the news today.
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Oct 19, 2012, 09.47 AM | Source: CNBC-TV18

Stocks in news: ITC, Kingfisher, Indian Hotel, Persistent

Ambuja Cements | ITC | TCS | Exide Industries | L&T | Kingfisher Airlines | Great Offshore | Mahindra Satyam | Indian Hotels | Hindustan Zinc | Persistent Systems | Talwalkars | Everest Industries | Gujarat NRE Coke and Zee News are stocks, which are in the news today.

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Stocks in news: ITC, Kingfisher, Indian Hotel, Persistent

Ambuja Cements | ITC | TCS | Exide Industries | L&T | Kingfisher Airlines | Great Offshore | Mahindra Satyam | Indian Hotels | Hindustan Zinc | Persistent Systems | Talwalkars | Everest Industries | Gujarat NRE Coke and Zee News are stocks, which are in the news today.

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Here are stocks that are in news today:

Results Today: TCS, ITC, Petronet LNG, Zee Entertainment, Exide Industries, ING Vysa Bank, IFCI, L&T Finance Holdings, GSFC, Adani Ports, Adani Power, Strides Arcolab, Alembic Pharma, South Indian Bank, Bajaj Finserv, Bajaj Finance, Raymond,  NIIT, E-clerx, Mastek, Blue Star, Mahindra Holidays, Tata Sponge, Fulford India, Atul, Gati, Info Edge, India Motor, Indiabulls Securities, Mount Everest Mineral, Peninsula Land Bharat Bijlee

Indian Hotels
-Launches hostile bid for Orient Express
-To invest USD 650 million to acquire Orient Express Hotels
-Offers to buy 93.1% Orient-Express Hotel class A shares
-To fund Orient-Express shares buy via debt, equity
-To seek Orient-Express board approval for shares buy
-Indian Hotels, Italian fund offer USD 12.63 per Orient Express share (40% premium)
-Indian Hotel, Italian fund make all-cash offer for Orient Express
-Bank of America Merrill Lynch adviser for Indian Hotels

Mahindra Satyam
-Studying implication of CBI order on fixed deposit
-Freezing of fixed deposit not to affect daily operations
-Enforcement Directorate attached Rs 822 crore worth assets of Satyam's Raju, others

JSW Steel
-Denies reports of involvement in criminal conspiracy
-Neither company nor its officials have got chargesheet copy

Coal India board likely to discuss TCI issue today: PTI
-TCI demands Rs 1500 crore from Coal India for under pricing coal: FE

Other stocks and sectors that are in news today:
-Global funds line up for L&T Infra stake (arm of L&T ): ET (equity valuation of L&T Infra expected to cross USD 2 billion)
-Fortis Trust raises Singapore dollar 510 million on Singapore Stock Exchange by selling 70% stake in its business trust: ET
- Kingfisher Airlines (KFA) may lose permit if it fails to respond to Directorate General of Civil Aviation show cause notice today
- Great Offshore gets board approval for FCCB extension
-Oil marketing companies say, will provide only 6 subsidized cylinders in all states
- Lupin receives US FDA approval for Kurvelo oral contraceptive tablets
-Corporate Action: Ex Dividend - HCL Tech Rs 6/share

Ambuja Cements Q3FY13 YoY (vs - versus, cr - crore)
-Net profit at Rs 304 cr vs Rs 171.5 cr
-Net sales at Rs 2,168.3 cr vs Rs 1805.1 cr
-Other income at Rs 89.4 cr vs Rs 73 cr
-Sales volumes remain flat
-Cement despatches up by 1.3% at 4.70 mt
-Monsoon being over, revival of demand is expected
-Hike in diesel may impact distribution & freight cost

Hindustan Zinc Q2FY13 YoY
-Net profit at Rs 1540 cr vs Rs 1344.7 cr
-Net sales at Rs 2,822.3 cr vs Rs 2593.5 cr
-Other income at Rs 540 cr vs Rs 409 cr

Persistent Systems Q2FY13 Consolidated QoQ
-Net profit at Rs.44.6 cr vs Rs.41.5 cr
-Rupee revenue at Rs.327 cr Rs.300.7 cr
-Dollar revenue at USD 60 m vs USD 54.9 m

Talwalkars Q2FY13 Consolidated YoY 
-Net profit at Rs.12.2 cr vs Rs.8.3 cr
-Income from ops at Rs.56.1 cr vs Rs.42.4 cr (YoY)

Praj Ind Q2FY13 YoY 
-Net profit at Rs.16 cr Vs Rs.20.5 cr
-Net sales at Rs.187.5 cr Vs Rs.230 cr

Everest Ind Q2FY13 YoY
-Net profit at Rs.18 cr Vs Rs.8.6 cr
-Net sales at Rs.221 cr Vs Rs.184.6 cr

Gujarat NRE Coke Q2FY13 YoY
-Net profit at Rs.16.7 cr vs Rs.8.04 cr
-Total income from ops at Rs.331.8 cr vs Rs.270.04 cr

Honeywell Automation Q2FY13 YoY
-Net profit at Rs.21.2 cr vs Rs.15.7 cr
-Total income from operations at Rs.408 cr vs Rs.412.4 cr 

Tata Elxsi Q2FY13 Consolidated YoY
-Net profit at Rs.1.8 cr Vs 11 cr
-Net sales at Rs.155.4 cr Vs Rs.137.3 cr

Zee News Q2FY13 Consolidated QoQ
-Net profit at Rs.4.2 cr vs Rs.1.7 cr
-Net sales at Rs.69.6 cr vs Rs.68.4 cr

Mahindra Lifespace Q2FY13 YoY
-Net profit unchanged at Rs.31.4 cr
-Income from operations at Rs.84 cr vs Rs.94 cr

Magma Fincorp Q2FY13 Consolidated YoY
-Net profit at Rs.26 cr vs Rs.20 cr
-Revenue at Rs.382 cr vs Rs.244 cr 
 
Siti Cable (WWIL) Q2FY13 Consolidated QoQ 
-Net loss at Rs.12.6 cr vs loss of Rs.4.8 cr
-Net sales at Rs.93.3 cr Vs Rs.109.6 cr

JK Paper Q2FY13 YoY
-Net profit at Rs.4.6 cr Vs Rs.14 cr
-Net sales at Rs.357 cr Vs Rs.345 cr

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Stocks in news: ITC, Kingfisher, Indian Hotel, Persistent

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