Stocks in news: RComm, Petronet LNG, Parsvnath, SCI

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Stocks in news: RComm, Petronet LNG, Parsvnath, SCI

Jindal Polyfilms | Entegra | Reliance Communications | Adani Enterprises | Petronet LNG | Parsvnath | SCI | Tata Motors and Punj Lloyd are stocks, which are in the news today.

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Here are stocks that are in news today:

Listing today: L&T Finance Holdings (Issue price Rs 52/share)

Results Today: Coal India, Tata Steel, Unitech, HDIL, Punj Lloyd, Hindalco, BPCL, HPCL, Jaiprakash Associates, Tech Mahindra, Pipavav Shipyard, Gitanjali Gems, India Cements, Bharti Shipyard, Simbhaoli Sugars, Bajaj Hindusthan, Reliance Mediaworks, Fortis Healthcare, DB Realty, ITI, EIH Hotels, Nesco, Reliance Broadcast Network, Max India, Indiabulls Securities, Cox & Kings, BF Utilities, Elder Pharma, Gammon India, REI Agro, Nitco, Indo Asian Fusegear, Gujarat Flourochemicals, Hindustan Dorr, HMT, Kinetic Motor, Natco Pharma, Kanoria Chemicals, Sabero Organics, Saregama, Piramal glass, Venky's India, BAG films, JSL Stainless, Jai Balaji, Hathway Cables, Jaypee Infra, Jindal Saw, Century Textiles, Automotive Stampings, Jindal Polyfilms, Nitesh Estates, Videocon Industries, A2Z Maintenance, Patel Engineering, UTV Software, Plethico Pharma, Unity Infra, McNally Bharat, Ramky Infra, Sterling Biotech, Jyothy Labs

Tata Motors says
- Consolidated operating margin at 13.3% versus 14.6% (YoY)
- Interest rates hit Q1 commercial vehicles sales
- Raised truck, bus prices by 2.5% in Q1
- Raised car, utility vehicles prices by 2% in Q1

IPO Corner: Tree House Education & Accessories
QIBs: 0.50 times
NIIs: 0.09 times
RIIs: 1.12 times
Overall: 0.68 times

ICICI Bank
-Hikes base rate by 50 bps to 10% effective August 13
-Hikes BPLR by 50 bps effective August 13

SBI
-Hikes base rate by 50 bps to 10% effective August 13
-Hikes BPLR by 50 bps to 14.75% effective August 13

Other stocks and sectors that are in news today:
-GMR Energy acquires 30% stake in Indonesian Co Golden Energy mines for around USD 450-550 million
-EGOM set to meet today on allowing more exports of sugar
- SCI to hive off offshore business into subsidiary as domestic industry is facing pressure due to volatile markets (ET)
- Parsvnath board approves fund raising of upto Rs 2000 crore through QIP (Current Market Cap Rs 1860 crore)
- Tata Motors  and Ashok Leyland to collaborate with Petronet LNG to introduce the use of LNG for vehicles being a cheaper alternative to existing fuel (BS)
-Adani Gas subsidiary of Adani Enterprises to pick up 20% equity in Green Gas a JV between GAIL  and IOC (BS)
- Reliance Communications may seal USD 1.5 billion outsourcing deal soon to manage & maintain CDMA, GSM networks (ET)
- Jindal Saw arm in tie up with NTPC for creating & operating infrastructure with a capital investment of around USD 140-170 million (Mint)
- Entegra board has recommended a bonus issue of shares in the ratio of 4:13
- Jindal Polyfilms board to discuss the proposal for buy back of shares
-F&O Ban: Deccan Chronicle , Gitanjali Gems , Suzlon