Stocks in news: Ranbaxy, Sunteck Realty, Hindalco, Patni
Published on Fri, Nov 27, 2009 at 08:34 | Source : CNBC-TV18
Updated at Fri, Nov 27, 2009 at 09:06
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Stocks in news: Ranbaxy, Sunteck Realty, Hindalco, Patni
Tata Steel | Tata Power | Siemens | Ranbaxy | Hindalco | Patni | Astra Microwave | Everest Kanto | Sun Pharma and Sunteck Realty are stocks, which are in the 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
