Here are stocks that are in news today:
Sesa Goa to CNBC TV18
Not In Possession Of SFIO Report Yet
Have Given Statements, Documents Required By SFIO
Aware SFIO Has Approached Other Regulators
Unable To Comment Until Co In Possession Of SFIO Report
SFIO Probe Pertains To 2001 Onwards
Bulk Of Docs Pertain To Period Before Vedanta Bought Co
90% Of Investigation Related To Period Prior To 2007
'Was Interrogated By SFIO'
Have Not Received Any Demand Tax Notice From I-T Dept
Have Been Very Transparent; Fully Cooperating With Probe
Haven't Gone To MCA On SFIO Report Being Leaked To Media
Registrar Of Cos Asked For Information In July 2009
Submitted Part Of Documents, Info Asked By Registrar Of Cos
Will Deal With Matters After Seeing SFIO Report
SAIL of deferring FPO
Only Rescheduled Pre-marketing Road Shows At Few Places
Board Has Cleared RHP For FPO
Exact Time Line Of FPO After Assessing Market Conditions
Will Decide On FPO Timeline & Then Start Road Shows
Never Said SAIL FPO On June 14
Market Conditions Are Erratic Right Now
Not In Tearing Hurry To Launch FPO
No Problem With SAIL FPO; Need To Launch FPO At Right Time
Divestment Secy Says
SAIL FPO May Be Slightly Delayed
Have Put Off Only 1st Leg Of SAIL FPO Roadshow
ONGC FPO On Track To Hit Markets In Early July
National Building Corp IPO, BHEL FPO To Follow ONGC Issue
J&J to acquire JB Chem’s OTC brands for $260 mn
Cilag GmbH to acquire OTC brands of JB Chem & Pharma for $260 million in cash
(Rs 1170 cr in cash results in Rs 138 cash per share)
Brands included are RINZA, DOKTOR MOM and other brands
J&J LLC to market these products
Russia is the world’s 8th largest OTC market
Transaction expected to close by mid 2011
IOC Chairman
Under-recoveries On Diesel This Fortnight At `16.49/L
Under-recovery On Diesel For Q4 At `6,900
IOC's Share Almost Half In Q4
Petrol Price Hike A Function Of International Prices
Decision On Price Hike Should Be Taken By Govt
'Should Be Fully Compensated If Prices Not Hiked'
Capex Plan For The Year At `12,000-13,000 Cr
Fin Min sources Say
ONGC FPO likely in 1st week of July
Clarity on subsidy sharing before FPO
Fin Min, Oil Min working on subsidy sharing formula
Steel Secy says
SAIL FPO likely to hit market on June 14
Road shows to resume in 1st week of June
Final decision on SAIL FPO by Wednesday
Divestment secy says ONGC FPO to be followed by NBCC IPO
NBCC IPO to come up for cabinet approval shortly: Divestment secy
NBCC to be followed by BHEL, MMTC: Divestment secy
RINL IPO likely towards end of FY11: Divestment secy
Working on some more PSUs for IPOs: Divestment secy
Indian Oil FPO unlikely in CY 2011: Divestment secy
CNBC TV18 Exclusive
JFE Steel, Marubeni In Advanced Talks For 20% Stake Each In Minda Grp Co
BHEL Says
Bagged Total Orders Of `64,076 Cr In FY11
Out Of Total Orders `46,393 Cr Orders Came From Power Sector
Industry Segment Booked Orders Totalling `11,374 Cr In FY11
Co Order Book As On March 31 At `1.64 Lakh Cr
Tata Chem Says
Demand Outlook In India, China & Latin America Is Robust
General Chemicals Saw A Good Performance
GAIL Says
Borrowing plan of Rs 3225 cr for FY12
Paid OMC's subsidy of Rs 902 cr in Q4
Paid highest subsidy so far in Q4FY11
If not for subsidy would have shown profitability of appx Rs 3900 cr
Board has approved $ 150 million ECB from BK of Tokyo
Will borrow additional $ 300 million from overseas markets,combination of ECB & bonds
Results Today: Tata Global Beverages, DLF. Praj Ind, REC, Bharat Forge, Power Grid, Orbit Corp, Bombay Dyeing, Chennai Petro, Apollo Hospitals, Man Ind, TTK Healthcare, Titagarh Wagons, Mafatlal Finance, IPCA Lab, JK Tyres, Dhampur Sugar Mills, Blue Star, Technofab Engineering, Elecon Engineering, D-Link India, Entegra ltd, Goenka Diamond Dharani Sugars & Chemicals, Mandhana Ind, Uttam Sugar Ratnamani Metals & Tubes, Micro Technologies, Orient Green Power
Other stocks and sectors in the news
Hotel Leela Okays Raising Up To Rs 1,000 Cr Via QIP, FCCBs
Sasken Communication buys back 21.62 lakh shares for Rs 34.43 cr
Himalya International India & J R Simplot Company, USA sign MOU to form Joint Venture in India
Vascon Engineers has bagged new projects worth Rs 1186 cr
F&O Ban: Deccan Chronicle, Orchid Chemicals, Power Finance Corp, Punj Lloyd
I&B Ministry gives a nod with a hike in the FDI capital to home TV, internet protocol from 49% to 74% but ministry rejects TRAI recommendation to reduce FDI ceiling from 49% to 26% for the local cable cos (ET)
Core Projects & Technologies set to acquire UK based education consulting services firm ITN mark for about $ 25 million
RBI paved way for the holding company structure for financial entities & the apex bank has to be the sole regulator of financial holding companies
Mawana Sugars looks to sell off its chemical business helping the co to reduce its debt in the sugar business from Rs 470 cr to under Rs 200 cr (BS)
Gammon Infra is planning to sell stake in two infrastructure projects for raising around Rs 300 cr to meet the expansion plans (BS)
GoM gives a go ahead for the construction of power projects in Orissa with a combined capacity of about 10,000 mw also helping NTPC to start off with its held up projects (FE)
Jayanti Prime Software Advisory Pvt ltd has made an Open Offer to acquire 8.6 lakh shares in Indian Infotech & Software ltd at Rs 18.5/sh
Promoters of Hindusthan National Glass look to sell around 7.5% of the cos shares & may raise around Rs 135 cr & invest in an unrelated business (Mint)
NALCO is planning to hive off its power subsidiary into a separate co in the next two years (DNA)
Smartlink Network System:
Declared Special Interim Dividend of Rs. 30/- sh
The special dividend is after selling Diglink biz to Schneider Elect.
Kingfisher Airlines Q4 (Derived) QoQ
Rev at Rs.1679cr vs 1676cr ( exp 1655cr )
Net loss of Rs. 350cr vs net loss of 254cr ( exp net loss of 426cr )
Interest cost lower QoQ at 289cr vs 339cr due to conversion of debt
Depreciation cost QoQ at 62.1cr vs 61cr
Post conversion, Kingfisher debt has reduced by Rs1495 cr (Gross debt at Rs 7920cr at end of FY10) with lending banks now owning 23.4% stake in KAIR
FY11- Reported its first ever annual positive EBITDA
Rev up 25% at Rs. 6359cr vs Rs. 5089cr
EBITDAR at 1124cr vs 404cr ( earnings before lease rentals )
EBITDA at 140cr vs loss of 690cr
OPM at 2.2% vs -13.2%
Net loss lower at Rs. 1027cr vs net loss of 1647cr
Fuel expenses up 26% at Rs. 2274cr vs Rs. 1803cr
Aircraft lease rentals down 10% at 984cr vs 1094cr
Karnataka Bank Q4 FY11
NII: Rs 205 Cr Vs Rs 120 Cr (Up 71%)
PAT: Rs 90 Cr Vs Rs 74 Cr (Up 22%)
CAR: 13.33% Vs 12.37%
Other income: Rs 82 Cr Vs Rs 73 Cr (Up 12%) Employee Cost: Rs 137 Cr Vs Rs 47 Cr (Up 191%) Gross NPA: 3.97% Vs 3.73% Net NPA: 1.62% VS 1.31%
PCR: 60%
FY11
NII: Rs 612 Vs Rs 270 Cr (Up 127%)
PAT: Rs 204 Cr Vs Rs 167 Cr (Up 22%)
Other income: Rs 291 Cr Vs Rs 378 Cr (down 23%)
Rs 190 Cr: Total pension & gratuity liability
Rs 57 Cr debited to P&L account
Balance amount of Rs 94 Cr to be amortised over next 4 years
Everonn Education Q4 FY11 YoY
Rev +38% to Rs 134 cr vs Rs 105 cr
EBITDA +62% to Rs 52 cr vs Rs 32 cr
OPM 38% vs 31%
PAT +59% to Rs 26 cr vs Rs 16.4 cr
FY11 YoY
Rev Rs 425 cr vs Rs 294 cr
EBITDA Rs 155 cr vs Rs 101 cr
OPM 36% vs 34%
PAT Rs 67 cr vs Rs 45 cr
Hotel Leela Q4 FY 11
Net Sales up 17% at Rs 526 Cr vs Rs 449 Cr
PAT dn 7% at Rs 38 Cr vs Rs 41 Cr - due to higher interest burden of 57cr
Total Exp dn 12% at Rs 439 Cr vs Rs 393 Cr
EBITDA up 25% at Rs 155 Cr vs Rs 124 Cr
EBITDA Margin at 29.5% vs 27.6%
Rane Brake Lining Q4 FY 11
Revenue up 29% at Rs 84 Cr vs Rs 65 Cr
PAT doubled at Rs 4 Cr vs Rs 2 Cr
Total Exp up 25% at Rs 78 Cr vs Rs 62 Cr
EBITDA up 67% at Rs 10 Cr vs Rs 6 Cr
EBITDA Margin at 11.9% vs 9.2%
Birla Cotsyn Q4 FY 11
Revenue up 39% at Rs 142 Cr vs Rs 102 Cr
PAT at Rs 4.7 Cr vs Rs 30 Lakhs
Total Exp up 37% at Rs 133 Cr vs Rs 97 Cr
EBITDA up 57% at Rs 11 Cr vs Rs 7 Cr
EBITDA Margin at 7.7% vs 6.9%
Andhra Petrochem Q4 FY 11
Net Sales at Rs 157 Cr vs Rs 1.6 Cr
Net Profit at Rs 14 Cr vs Net Loss at Rs 4.4 Cr
Total Exp at Rs 134 Cr vs Rs 8 Cr
Balaji Telefilms Q4 FY 11
Revenue dn 0.4% at Rs 44.5 Cr vs Rs 44.7 Cr
Net Loss at Rs 1.1 Cr vs Net Profit at Rs 3.4 Cr
Total Exp up 27.3% at Rs 47.5 Cr vs Rs 37.3 Cr
Bannari Amman Spinning FY 11
Net Sales up 55% at Rs 549 Cr vs Rs 355 Cr
PAT up 1.6 Times at Rs 39 Cr vs Rs 15 Cr
Total Exp up 45.7% at Rs 456 Cr vs Rs 313 Cr
EBITDA up 77% at Rs 120 Cr vs Rs 68 Cr
EBITDA Margin at 21.9% vs 19.2%
Bannari Amman Sugar FY 11
Revenue dn 6.4% at Rs 827 Cr vs Rs 884 Cr
PAT dn 63% at Rs 53 Cr vs Rs 144 Cr
TOtal Exp up 10.4% at Rs 753 Cr vs Rs 682 Cr
EBITDA dn 40% at Rs 145 Cr vs Rs 240 Cr
EBITDA Margin at 17.5% vs 27.1%
Smartlink Network System FY 11
Revenue up 13% at Rs 195 Cr vs Rs 173 Cr
PAT dn 5.6% at Rs 24 Cr vs Rs 33 Cr
Total Exp up 18% at Rs 179 Cr vs Rs 152 Cr
EBITDA dn 27% at Rs 24 Cr vs Rs 33 Cr
EBITDA Margin at 12.3% vs 19.1%
