Stocks in news: Punj Lloyd, HCC, Ranbaxy, DLF, Akruti

Nifty BSE | NSE 28/05/12 Are Mutual Funds betting on Nifty? Other Stocks in this news Hindustan Construction Company | Ranbaxy Laboratories | DLF |

Stocks in news:

Indian ADRs: Satyam down 20% ((falls below $1)), ICICI Bank down 4%, Tata Motors up 4%, Infosys up 3%

Results today: Bajaj Holdings, Bajaj Auto, HCC, Jet Airways, Federal Bank

Results today: MMTC, ETC Networks, HB Stockholdings, Bongaigaon Refinery, Zensar Technologies, VST Industries, Standard Industries, Vimta Labs, Eastern Silk Industries, JP Hydro, Alphageo (India), Can Fin Homes, JHS Svendgaard, Tinplate Co

Satyam update:
-New board additions: Tarun Das, TN Manoharan, S Balakrishan
-Company denies its leadership fled the country
-Deepak Parekh says company has receivables worth Rs 1,700 crore
-Lazard Asset Management & Swiss Finance Corp exit company completely
-Alert: board meet on Saturday

Exclusive: Tata Motors:
-Offers vendors for relocation costs/shipping of equipment: Sources
-Offers to pay 75% of sunk money to vendors due to singur losses: Srcs
-To pay out about Rs 100 crore to compensate vendors: Sources

Sources say oil PSUs to raise Jet Fuel price by Rs 800/kL from today

Tata group company TACO pulls out of JV with Sasken - BS

Star Leasing open offer at Rs 10/sh

Bandra-Worli sea link to open on May 1 - TOI (Imp For HCC)

Ranbaxy missed deadline to convert warrants issued by Jupiter Bioscience - ET (Deal would have helped Ranbaxy buy 15% stake in company)

GAIL may get to market RIL's KG basin gas, Gail to price gas at 44.2mmbtu - ET

Punj Lloyd JV bags Rs 1311 crore order from Libya

Redington to distribute unlocked Blackberry phones in India - ET

DLF-Akruti scraps hotel JV - DNA

Motorola to shut India distribution division on dwindling sales - ET

Infotech Enterprises board approves amalgamation with TTM (India)

Nirmal Kotecha resigns from Pyramid Saimira board; reduces stake to 0.24% from 24.89%

RPG Group plans Rs 1,050 crore investments in Gujarat

Ess Dee Aluminium considering merging India Foils with itself

Everest Kanto board meet on January 23 to consider buyback of FCCBs

Board meets: Pidilite Industries on buyback of FCCBs

TCS Q3 US GAAP (QoQ)
-Net Profit up 7.2% at Rs 1,352 crore versus Rs 1,261.5 crore ((Poll: Rs 1401 cr))
-Revenues up 4.6% at Rs 7,277 crore (Cr) versus (Vs) Rs 6,953.4 crore ((Poll: Rs 7347.7 cr))
-Operating Profit at Rs 1,802 crore
-Forex loss of Rs 251 crore
-Growth in revenue impacted by rupee movement

PFC Q3 Standalone
-Net Sales At Rs 1,715.96 Cr Vs Rs 1,292.14 Cr
-Net Profit At Rs 338.98 Cr Vs Rs 320.49 Cr

Rallis India Q3
-Net Sales At Rs 208 Cr Vs Rs 180 Cr
-Net Profit At Rs 15.6 Cr Vs Rs 14 Cr

HOEC Q3 (YoY)
-Net Sales: Rs 11.74 cr vs Rs 3.34 cr
-Operating Profit: Rs 4.55 cr vs Loss of Rs 4.46 cr
-Net Profit: Rs 10 cr vs Net Loss of Rs 2.5 cr 

HOEC Q3 (QoQ)
-Net Sales: Rs 11.74 cr vs Rs 28.76 cr
-Operating Profit: Rs 4.55 cr vs Rs 1.09 cr
-Net Profit: Rs 10 cr vs Rs 12.86 cr

Bajaj Finserv Q3
-Net Sales: Rs 85.85 cr vs Rs 92.37 cr
-Net Profit: Rs 12.2 cr vs Net loss of Rs 11.9 cr
-Tax expense Rs 10 cr vs Rs 21.7 cr 
((Income down due to mark to market losses in life insurance business))

JK Lakshmi Cement Q3
-Net Sales: Rs 297.35 cr vs Rs 282.35 cr
-Operating Profit: Rs 78.2 cr vs Rs 86.5 cr
-OPM % at 26% vs 31%
-Net Profit: Rs 56 cr vs Rs 61.1 cr