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Stocks in news: Nalco, Gruh Fin, Dhampur Sugar, GVK Power
Nalco | Unitech | Sintex | Apollo Tyres | GMR Infra | Dhampur Sugar | GVK Power | Gruh Finance | Jaybharat Textiles and Geojit BNP Paribas are stocks, which are in the news today.
DEA secretary meets PSU's CMD's - SAIL , NMDC , MOIL , HAL, Coal India attended the meeting with DEA secretary R Gopalan
MOIL to Finance Ministry -Gave 45% dividend last year same applicable this year -Govt keen on higher dividend payouts to bridge Deficit gap
Unitech say: Sources -Unitech, Telenor continue to disagree on rights issue -Unitech wireless board meeting ends in disagreement -Unitech maintains domestic debt markets open for Telco -Unitech wireless board now scheduled to meet next month
DIPP finishes consultations with consumer groups on retail FDI -Consumer groups conditionally support multi-brand retail FDI
Leela say: Sources -Leela puts upcoming 329-key Chennai resorts on the block -Leela expects to raise around Rs 930 crore by Chennai resort sale -Buyer for Chennai property may be same as Kovalam site -Leela plans to be asset light going forward -Not planning to disinvest any properties as of now
Jaybharat Textiles Q3FY12 (cr - crore, vs - versus) -Net sales at Rs 181 cr vs Rs 153 cr -Net loss at Rs 28 cr vs net profit at Rs 2 cr
Gruh Finance Q3FY12 -Net sales at Rs 124 cr vs Rs 88 cr -PAT at Rs 23 cr vs Rs 17.5 cr
KSL Industries Q3FY12 -Net sales at Rs 370 cr vs Rs 317 cr -Net loss at Rs 72 cr vs net profit at Rs 1.5 cr
Geojit BNP Paribas Q3FY12 consolidated -Net sales at Rs 51 cr vs Rs 76 cr -PAT at Rs 4 cr vs Rs 12 cr
Other stocks and sectors that are in news today: -PMO stalls coal ministry directive on surplus coal - ET -Akzo parent buys 2% stake from Bajaj Allianz - ET -LIC readies Rs 10000 crore war chest to lap up SUUTI stake - BS (SUUTI owns large chunk in L&T, ITC and Axis Bank) -Nalco may consider higher dividend -Apollo Tyres pay USD 5.7 million fine to SA competition panel for alleged tyre cartel - FE -Steel makes hike price by Rs 500/tn - DNA -GMR Infra plans Rs 30000 crore petroleum refinery project - DNA -Dhampur Sugar apporves amalgamation of Dhampur Sugar Distillery private with itself -GVK Power subsidiary sings agreement with NHAI for 4 lane highway in MP -F&O ban includes: Aban Offshore, ABG Shipyard, Gitanjali, Ruchi Soya, Punj Llyod
