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Stocks in news: Sterlite, Noida Toll, Fortis Health, EIH
RIL | Sterlite Industries | Noida Toll | Fortis Healthcare | ACC | Ambuja Cements | PNB | Ballarpur Industries | Havells India | EIH | Usha Martin and 3M India are stocks, which are in the news today.
Results Today: HPCL, ACC, Ambuja Cements, PNB, Divis Labs, AV Birla Nuvo. Merck, Rolta India, Essar oil, McLeod Russel, Bajaj Electricals, EIH Associated hotels, Jubilant Lifesciences, Orchid Chemicals, Central Bank of India, FDC, NDTV, Williamson Magor, Entertainment network, Suven Lifesciences, Shashun Pharma, Ashiana Housing, Kavveri Telecom, TCI, Aanjaneya Lifecare
Environment Ministry -Asks Maharashtra govt to file case against Lavasa -Writes to Maharashtra chief secy for action against Lavasa -No final order unless Maharashtra govt takes action -Bombay HC has given November 10 as deadline for final order on Lavasa
Maharashtra Govt -Likely to file case by November 2 -Case to be filed under Environment Protection Act
MF Global files for bankruptcy -So far, no impact on India -Siffy which holds stake may look to up stake
DIPP lifts bar on in-built options in FDI via equity -Circular 2 of 2011 para 3.3.2.1 has been deleted -Para 3.3.2.1 said FDI via equity with in-built option is ECB
United Breweries Q2 (cr - crore, vs - versus) Net profit at Rs 19.5 cr vs Rs 21.9 cr (YoY) Net sales at Rs 733 cr vs Rs 562 cr (YoY)
Castrol Q3 Net profit at Rs 95.1 cr vs Rs 116.9 cr (YoY) Net sales at Rs 672 cr vs Rs 643 cr (YoY)
Ballarpur Ind Q1 Consolidated net profit at Rs 25.4 cr vs Rs 41 cr (YoY) Consolidated net sales at Rs 1,101 cr vs Rs 1,019 cr (YoY)
Havell's India Q2 Net profit at Rs 70.2 cr vs Rs 58.6 cr (YoY) Net sales at Rs 850 cr vs Rs 660 cr (YoY)
EIH Q2 Net profit at Rs 16.6 cr vs loss of Rs 15 cr (YoY) Net sales at Rs 217 cr vs Rs 199 cr (YoY) Nita Ambani, Renu Karnad join EIH board as additional directors MH Modi, RH Burns also join EIH board as additional directors
NMDC Q2 Net profit at Rs 1,960 cr vs Rs 1,379 cr (YoY) Net sales at Rs 3,062 cr vs Rs 2,460 cr (YoY)
Karnataka Bank Q2 Net profit at Rs 41.1 cr vs Rs 28.7 cr (YoY) NII at Rs 182 cr vs Rs 136 cr (YoY)
Usha Martin Q2 Net loss at Rs 72 cr vs net profit of Rs 32.5 cr (YoY) Net sales at Rs 686 cr vs Rs 639 cr (YoY)
3M India Q2 Net profit at Rs 12 cr vs Rs 23 cr (YoY) Net sales at Rs 328 cr vs Rs 293 cr (YoY)
Other stocks and sectors that are in news today: -RIL says not in talks with Valero; not mulling any acquisition -Fortis Healthcare to mull valuation of Fortis Healthcare Intl today -Sterlite Industries to convert all its loans in loss making Vedanta Aluminium into equity; move likely to face opposition from shareholders (ET) -Noida Toll hikes toll prices by Re 1 for cars and 2 wheelers -Oil Ministry plans to counter CAG's D6 charge of favoring RIL in administering the D6 block (ET) -Tata Motors to challenge Singur land order today -State distribution utilities stop payments despite NTPC offering discounts (Mint)
