Here are stocks that are in news today:
Results Today - Sesa Goa, Petronet LNG, ING Vysya Bank, BEL, Blue Dart, Bajaj Corp, Polaris Financial Tech, GRUH Finance, Igarashi Motors, Granules, Automotive Stamping, AP Paper Mills, Parrys, Oudh Sugar, LKP Finance
TCS Q4 IFRS
-Net Profit at Rs 2,932.4 crore versus Rs 2,886 crore (QoQ)
-Revenue at Rs 13259 crore versus Rs 13204 crore (QoQ)
-EBIT at Rs 3,672 crore versus Rs 3,862 crore (QoQ)
-EBIT Margin at 27.7% versus 29.24% (QoQ)
-To pay Rs 16/share final dividend
UltraTech Cements Q4
-Net profit at Rs 867 crore versus Rs 727 crore
-Net sales at Rs 5,337 crore versus Rs 4490 crore
-Ultratech to pay Rs 8/share dividend
M&M Financial Services Q4
-Net Profit at Rs 242 crore versus Rs 165 crore (YoY)
-Income from operations at Rs 880 crore versus Rs 598 crore (YoY)
Tata Sponge Q4
-Net Profit at Rs 14.6 crore versus Rs 43 crore (YoY)
-Net sales at Rs 177.7 crore versus Rs 191.6 crore (YoY)
Rallis India Q4
-Consolidated net profit at Rs 10 crore versus Rs 19 crore (YoY)
-Consolidated net sales at Rs 206 crore versus Rs 238.5 crore (YoY)
-Rallis India buys 51% in organic manure company for Rs 29 crore
BOC India Q4
-Net profit at Rs 17.85 crore versus Rs 26.71 crore (YoY)
-Net sales at Rs 301 crore versus Rs 216 crore (YoY)
TBZ IPO issue opens today
-Issue price band Rs 120-126/share
-Allots 24.9 lakh shares to anchor investors at Rs 120/share
-Anchor investors include HSBC Global Investment Funds, HSBC India Alpha(Mauritius) and Credit Suisse
Kingfisher Airlines (KFA) (stock down 10% yesterday)
I-T Dept (Sources Say)
-Sends third notice on prosecution proceedings versus KFA
-Send notices to 15- 20 top executives of KFA
-Gives time to each exec to respond & appear by April 30
KFA says
-Notice to appear before I-T dept; is part of correspondence on the same subject
Other stocks and sectors that are in news today:
-SC issues notice to government, ONGC , Cairn India and Vedanta on petition seeking criminal investigation
-CCI fines United Phosphorous Rs 252.4 crore, on Excel Crop Rs 64 crore for price manipulation ET
-China allows imports on Indian basmati rice (positive for basmati companies)
-Welspun puts Rs 6000 crore steel plant in Maharashtra on hold BS
- Parrys Sugar Ind board meet on April 25 to mull demerger of certain undertakings into holding company, EID Parry
-Religare Finvest buys 2.5 lakh shares (2%) of Autoline Industries , total stake at 8.32%
