Stocks in news: REC, Pidilite, UCO Bk, Lupin, HUL, Cairn

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

Cipla Q3:
-Net sales at Rs 1,344.2 crore versus Rs 1,264.3 crore (YoY)
-Net profit at Rs 289 crore versus Rs 223.4 crore (YoY)
Cipla Says:
-Margin at 26.2%
-Q3 exports up 6%
-Forex loss of Rs 24 crore in Q3
-EU Inhaler launch on track; completely regulatory work

JSPL (Jindal Steel &  Power) Q3:
-Cons net sales at Rs 2,675.3 crore
-Cons net profit at Rs 874.4 crore
-Standalone net sales at Rs 1,757.57 crore versus Rs 1,780.01 crore (YoY)
-Standalone net profit at Rs 325.62 crore versus Rs 325.17 crore (YoY)

Other stocks that are in news today:
-Indian ADRs: MTNL down 5.4%, Sterlite down 4.5%, Infosys down 3.8%
-UCO Bank board meet tommorrow to raise 6 crore shares via FPO/QIP
-SREI Infra to merge with Quippo, post merger promoter holding to go up to 46% from current 30% -- merger ratio 3 shares of SREI for 2 shares held in Quippo - Mint
-Pidilite Industries approves bonus of 1:1
-REC follow-on offer on February 19
-Asim Dasgupta says: GST not from April 1, 2010
-Andhra Cements has been Discharge from the purview of SICA / BIFR
-Bajaj Hindustan out of NSE F&O ban
-Kaveri Seed board approves setting up wholly owned subsidiary to undertake business of Agriculture activities
-FII can invest upto 74% of their total paid up capital
-Rasoi Ltd open offer at Rs 315/share