62774 Investors following Coal India. Share this News with them.
0
Like this story, share it with millions of investors on M3
Stocks in news: Reliance Infra, SpiceJet, AP Paper, KFA
Ultratech | Reliance Infra | Tech Mahindra | SpiceJet | A P Paper | Jaybharat Textile | Kingfisher | Maruti and Coal India are stocks, which are in the news today.
Coal India Chairman says -Diversion of E-auction quota will not have much impact -This month's E-auction quota being offered to power companies -Will offer 4 mt meant for E-auction in October to power companies -Currently producing 1.1 mt everyday -E-auction quota stays intact for the entire year -Will have a meeting with trade union on October 17 -Will not allow labor strike to happen -Lagging behind for FY12 coal production -FY12 production stays at 452-454 mt -Railway rakes not a constraint currently
RC Bhargava says -This will not lead to any breakthrough -Unlikely 44 workers will be taken back to work -Several other workers will be chargesheeted & dismissed -We will not concede to worker's demands
Punjab & Haryana HC on Maruti -Directs striking Maruti workers to vacate premises -No sit-in strike within 100 meter of Maruti Suzuki Manesar plant -Employees keen on rejoining work be allowed to do so -Workers who wish to protest should not be stopped -Gurgaon police to fix dharna spot
Bosch employees end the tool down strike -Karnataka govt prohibits the strike with immediate effect -Work to resume from the first shift of tomorrow CNBC-TV18 alert: -Strike was on from September 28, 2011 -Bosch management firm that outsourcing will continue to remain competitive
HPCL says -Suspended fuel supplies to Kingfisher Airlines in Delhi -Fuel supply cut off to KFA flights flying out of Delhi T3 -6 KFA flights out of Delhi airport delayed -Kingfisher has stopped check-ins Sources say -Kingfisher owes HPCL approximately Rs 100-130 crore -KFA, HPCL working to resolve the issue
Saroj Datta steps down as board member & ED, Jet Airways-Saroj Datta worked as ED, Jet Airways for over 2 decades
Jaybharat Textiles and Real Estates Q2FY12 (cr - crore, vs - versus) -Net sales up 31% at Rs 201 cr vs Rs 153 cr -PAT down 43% at Rs 2.3 cr vs Rs 4 cr -Total expenditure up 35% at Rs 180 cr vs Rs 133 cr -EBITDA up 5% at Rs 21 cr vs Rs 20 cr -EBITDA margin at 1.14% vs 2.41%
A P Paper Q2FY12 -Total Income up 11.5% at Rs 204 cr vs Rs 183 cr -Net loss at Rs 92 cr vs net profit at Rs 12 cr -Total expenditure up 26% at Rs 183 cr vs Rs 142 cr -EBITDA down 49% at Rs 21 cr vs Rs 41 cr -EBITDA margin at 10.3% vs 22.4%
KSL & Industries Q2FY12 -Net sales up 18% at Rs 390 cr vs Rs 332 cr -PAT up 12% at Rs 4.7 cr vs Rs 4.2 cr -Total expenditure up 14% at Rs 320 cr vs Rs 281 cr -EBITDA up 37% at Rs 70 cr vs Rs 51 cr -EBITDA margin at 17.95% vs 15.36%
Other stocks and sectors that are in news today: -Listing Today: Tijaria Polypipes (Issue price Rs 60/sh) -SpiceJet board allots 3.5 crore shares to Kalanithi Maran at Rs 36.48/sh (CMP: 21.05); promoters stake to go up from 38.6% to 43% -PE firm Carlyle & Advent in race to pick up British Telecom's 23.2% stake in Tech Mahindra - TOI -HDFC AMC under SEBI scanner for shady trades; market regulator looking into call records & trade data of some members of fund management (ET) -Reliance Infra in talks to buy Rs 2000 crore road projects in Tamil Nadu & Karnataka (ET) -Century Textiles cement business set to merge with Ultratech (BS) -MPS makes an Open offer to acquire 33 lakh shares at Rs 37/sh (CMP: 37) -State Cos may be allowed to buy back govt stakes (FE) -F&O Ban: ABG Shipyard, Gitanjali Gems
