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Stocks in news: Subex, NCC, Dewan Housing, SBI, HCL Tech
Subex | NCC | Edelweiss Capital | M&M | Coal India | Dewan Housing | SBI | Tata Motors | TCS | ING Vysya Bank and HCL Tech are stocks, which are in the news today.
Results Today - TCS, HCL Tech, VST Industries, Camlin, Chambal Fertilisers, Automotive Axles, Blue Star Infotech, Electrotherm India, Kajaria Ceramics, Maharashtra Scooters and Zee News
Tata Motors December (YoY) global sales - very strong traction -Total sales up 33% at 99853 -Global CV sales up 28% at 48099 -Global PV sales up 38% at 51754 units JLR Sales YoY -Total JLR sales up 45% at 30981 vs 21353 units -Jaguar sales up 9% at 4726 vs 4332 units -Landrover sales up 54% at 26255 vs 17021 units
SBI Chairman says -No pressure from finance ministry for dividends -RBI has little more elbow room this time -Kingfisher Airlines continues to be in NPA category -Consortium to decide KFA working loan on Tuesday -Capital infusion is an alternative -Expect asset quality to improve significantly from q3 -Some stress in downstream steel, textile units -Govt has confirmed capital infusion in writing -No decision on FPO as yet, decide post-march
Subex says -Sought bond holders' nod to raise new debt -May consider raising up to USD 135 million of new debt
Reliance Industrial Infra Q3 -Net profit at Rs 5.9 cr vs Rs 5 cr (YoY) -Net sales at Rs 15.15 cr vs Rs 13 cr (YoY)
ING Vysya Bank Q3 -Net profit at Rs 119 cr vs Rs 83 cr (YoY) -NII at Rs 321 cr vs Rs 251 cr (YoY) -Gross NPA at 2.01% vs 2.66% (YoY)
Other stocks and sectors that are in news today: -GoM to discuss FDI in aviation today -Dewan Housing approves acquisition of stake in 'unlisted NBFC' -Coal India to invite fresh bids for Mozambique blocks -M&M to re-open bookings of XUV500 for 10 days from January 25 -Bombay HC adjourns Wockhardt versus bondholders' case to January 25 -ISMA says asked govt to remove levy sugar obligation -Price of crude sold to US refiners may be capped at USD 54/barrel - ET -Vodafone India hikes post paid tariffs by 20% in Delhi circle - BS -Edelweiss may partner PFC in USD 1 billion PE fund - BS -NCC mulls Infra arm, bond issue to raise money - DNA -Times group in race to buy Neo cricket, Neo Sports, also eyes TV9 -SEBI may ask merchant bankers to monitor end use of IPO proceeds - BS
