Here are stocks that are in news today:
Results today - HDFC Bank, Sintex Industries, AP Paper Mills, Sabero Organics, Jaybharat Maruti, Wendt India, Kajaria Ceramics, Global Vectra
SKS Microfinance launched QIP issue
-To raise USD 30 million, upside upto USD 50 million
-Issue price Rs 75.4 a share (17% discount to yesterday’s closing price)
TCS Q1FY13 QoQ consolidated
-Revenue at Rs 14869 crore versus Rs 13260 crore
-PAT at Rs 3280.5 crore versus Rs 2895 crore
-Operating margin at 27.5%, down 20 bps
-Dollar revenue at USD 2728 million versus USD 2648 million
-Operating Profit at Rs 4090 crore
-Net profit margin at 22.1%
-Net forex loss of Rs 93.75 crore
-To pay a dividend of Rs 3/share
TCS says
-Continue to see good demand from global corporate
-Seen secular growth across service line & key markets
-Unprecedented Rupee volatility continue to be a challenge’
-Growth across all segments led by retail, telecom, BFSI
-Signed a USD 100 million plus contract with American retailer
-Added 29 new clients
-Gross employees added 13831
-Attrition rate at 12%
Gruh Finance Q1FY13 YoY
-PAT at Rs 27 crore versus Rs 20.5 crore
-Total income at Rs 148 crore versus Rs 114 crore
AP Pollution Control Board asks 12 pharma units to shut down
- Aurobindo , Divis Lab , SMS Pharma’s AP units get closing orders
Cash strapped MTNL to seek new revenue Sources
-MTNL to consider land bank sale & network leasing
-MTNL to consider VRS & loan restructuring
-BWA spectrum dues refund could bring back Rs 4,560 crore
-MTNL to seek DoT nod for land development strategy
Other stocks and sectors that are in news today:
-DGCA chief Prashant Sukul government not considering closure of any airline: PTI
- 3i Infotech allotted 24.62 lakh shares to Goldman Sachs on July 12 on conversion of FCCB’s
- L&T expands its capacity with new electric and automation facility at Vadodara
- GTL has allotted 38.3 lakh Zero coupon CCD’s of face value Rs 100 to its promoters
- Bosch will shut its Bangalore plant on July 13-14 July to avoid built up of inventory
- 20 Microns allots 15 lakh warrants to promoters
-Max Alert stock to list on July 13; issue price is 20/share
-UP Govt has put on hold Reliance Power ’s Rosa thermal power project: FE
- JSPL raises Rs 3500 crore to fund Odisha Steel project: ET
- Kamat Hotels in talks to restructure Rs 500 crore loan: ET
- Titan has spun off its 3rd party luxury watch retailing arm into a separate company: BS
- Eon Electric to issue 8.45 lakh warrants on preferential basis to promoters
-Ex-Bonus: BPCL 1:1
Ex-Dividend
-BPCL: Rs 11/share
-Coromandel International: Rs 3/share
-Lupin: Rs 3.2/share
-Tata Elxsi: Rs 7/share
-Zensar Tech: Rs 4/share
Natco Pharma
-Gets Uttarakhand State nod to market BMS’ Sprycel
-Nod granted under Drugs & Cosmetics Act 1940
-Nod subject to company manufactures generic Sprycel in Uttarakhand
-Nod will allow co to sell drug Pan-India
-Sprycel is used to treat severe forms of Leukemia
-BMS filed patent suit against Natco on Sprycel
-BMS - Natco case pending at Delhi HC
-Natco received Uttarakhand state regulatory nod a year ago
-Natco started selling generic Sprycel in June 2012
-Priced Sprycel at Rs 9000/60 tablet versus Rs 1.6 lakh of BMS
EGoM approves rollout obligations for telecom companies: Sources
-Rollout obligations as per license terms & conditions
-TRAI presentation on tariff impact discussed
-TRAI has suggested 10 paise per minute tariff impact
-EGOM decides to allow mortgage of spectrum
