Stocks in news: Ranbaxy, Sunteck Realty, Hindalco, Patni

Nifty BSE | NSE 30/05/12 Are Mutual Funds betting on Nifty?

Here are stocks that are in news today:

Tata Steel Q2 FY10 (YoY)
-Net sales down 43% at Rs 25,269 crore versus Rs 44,050 crore (CNBC Estimate at Rs 24,765 crore )
-Operating profit at Rs 246 crore versus Rs 8096 crore
-OPM 1% versus 18%  (CNBC Esimate at 6%)
-Net loss at Rs 2,707 crore versus Rs 477 crore (worse than the worst estimate of Rs 2,000 crore)

Tata Power Q2
-Consolidated net profit down 30% to Rs 368 crore versus Rs 528 crore (YoY)
-Consolidated net revenue at Rs 4,561 crore versus Rs 4,627 crore
-Net forex gain of Rs 28.71 crore versus Rs 76.38 crore (YoY)

Siemens Q4 (YoY)
-Revenues at Rs 2,518 crore versus Rs 2,421.6 crore
-Margins at 9.7% versus 12.5% (falll along expected lines; raw material costs shoot up)
-Net profit at Rs 151.5 crore versus Rs 225.2 crore

Siemens, Siemens Healthcare boards meet on November 30 to mull merger
Siemens Healthcare Q4
-Net loss unchanged at Rs 2 crore
-Net sales at Rs 43 crore versus Rs 31 crore

PharmAsiaNews Exclusive
-Ranbaxy launches Valaciclovir Tablets in US
-PharmAsiaNews Alert: Valaciclovir branded as Valtrex by GSK
-Valtrex has annual sales of over $2 billion in US
-Analysts estimate sales worth $200 million for Ranbaxy during excl period
-PharmAsiaNews Alert: Ranbaxy has 'first to file' status for Valaciclovir
-When contacted Ranbaxy confirmed launch

Manoj Kohli says
-Tariff war side effect of competitive intensity
-Airtel will continue to give affordability to consumer
-Will continue to gain market share
-No plans to cut SMS rates
-Currently put a brake on global acquisition

Other stocks that are in news today:
-RBI allows FIIs to buy shares of Hindalco as the company has enhanced FII limit to 40%
-Patni Promoters sell 3.83 lakh shares of company in open market
-Astra Microwave granted 100% EOU licence for its unit for export of RF & Microwave components and sub-systems
-New Vernon sells 74,000 shares of Everest Kanto
-Sun Pharma announces USFDA tentative approval for generic Strattera® Capsules
-Sunteck Realty board approves Rs 500 crore QIP
-HC says arbitrary cut-off for 2G licence illegal, major set back for A Raja - FE
-IPO opening today: MBL infrastructures, 48.6 lakh shares at a price band of Rs 165-180/sh