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.

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

Set email alert for
Indian Hotels Mahindra Satyam JSW Steel
Coal India Larsen Kingfisher Air
GOL Offshore HCL Tech Ambuja Cements
Hind Zinc Persistent Talwalkars Fitn
Praj Industries Everest Ind Guj NRE Coke
Honeywell Autom Tata Elxsi Zee Media
Mahindra Life Magma Fincorp Siti Cable
JK Paper


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