SENSEX NIFTY
Nov 12, 2012, 09.37 AM IST | Source: CNBC-TV18

Stocks in news: United Spirits, Pantaloon, Orchid, CESC

United Spirits | Pantaloon Retail | Orchid Chemicals | 3i Infotech | Pioneer Distilleries | CESC | Suzlon | Videocon Industries | GVK Power | BEML | SREI Infra | Unitech | IVRCL | Fortis Healthcare | Punj Lloyd | Sterling Biotech | Cox & Kings and KS Oils are stocks, which are in the news today.

Here are stocks that are in news today:

Results Today: DLF, JP Associates, GMR Infrastructure, JP Infratech, Nestle India, Opto Circuits, Spicejet, Geodesic, Mercator, Bhushan Steel, Reliance Broadcast, Vivimed Labs, Astec Lifescience ,Titagarh Wagons, Kernex Micro, Shiv Vani Oil, Patel Engineering, Shri Lakshmi Cotsyn, BL Kashyap, UB Engineering, Ahluwalia Constructions, AIA Engineering, Ricoh India, Goodricke Group, Steel Strips, Steel Strips Wheel, Sonata Software, Sunil Hitech, Vadilal Dairy, Zenith Comp, Parekh Aluminium, Himatsingka Seide, Andhra Cements, Aries Agro, Arshiya International, Majestic Auto, Marg Projects, PBA Infra, Precision Pipes, Raj Oil, Rei Agro, Saregama India, Simbhaoli Sugars, Simplex Infra, Simplex Projects

Diageo- United Spirits (USL) deal
-Diageo to acquire 19.3% from promoters at Rs 1440/share
-USL to make pref allotment of 10% equity for Rs 1440/share
-Diagoe to make 26% open offer to minority shareholders at Rs 1440/share
-Following disposal, UB Holding to hold 13.4%
-Vijay Mallya to continue as chairman of USL and UBHL
-Company and Vijay Mallya enter into 50:50 JV for SA Beer business
-UB Holding to sell additional shares if preferential allotment not successful
-If Diagoe fails to get 51%, UBH to vote in its favour for 4 years
-JM financial lead advisor to Diageo, Citi lead advisor to USL
-Deal expected to be completed before 2013-end
-Diageo to infuse Rs 2093 cr in fresh equity
-Diageo to appoint CEO and CFO for company
-UBHL to nominate 1 director (Mallya) and 1 Independent director

Vijay Mallya says
-'Proud of USL & what has been created over last 30 years'
-Diageo gives USL best possible platform for future growth
-Complete win-win situation for both Diageo and USL
-'Will address separately on Kingfisher Airlines (KFA) issues'
-Cash infusion will help USL to de-leverage itself
-'This is a strategic move that makes our company's biz stronger'
-USL will get Rs 3300 crore and UBHL will get Rs.2400 crore
-W&M part and parcel of USL; not to be treated separately
-Will apply for regulatory approvals in India, UK
-USL current debt level at Rs 8300 crore
-Deal money not to be used for KFA

Diageo COO Ivan Menezes says
-Yet to make any decision on management structure
-Objective to consolidate USL biz in Diageo
-Intention to keep both biz separately at the moment
-Will do everything to position Diageo as leading Indian brand
-India to be company's 2nd biggest market after US

Chief Executive Officer of Diageo, Paul S Walsh
-'Look forward to working with Vijay Mallya'
-Deal to deliver value for shareholders of both companies
-'USL has fabulous brands'

Vijay Mallya on Kingfisher says
-Not aware of any deadline given to KFA by its bankers
-Working towards comprehensive recapitalisation, rehabilitation plan for KFA
-KFA's issues will be resolved by KFA & UB Holdings

Hero Motocorp restarts production of premium bikes to boost sale: Sources
-Hero Motocorp restarts production of 150 cc Hunk and X-Treme
-Production of Hunk, X-Treme restarted from October
-Production of 2 premium bikes was stopped in August and September
-Production for Hunk and X-Treme stopped due to brand migration
-X-Treme was previously known as CBZ X-Treme
-Hero has dropped Honda brand names from entire product range
-Move will strengthen sales in premium segment for Hero Motocorp
-Premium category FY13 sales halved to 80,303 units

IOC Chairman says PTI
-Re 1/litre cut in petrol price likely soon
-May review petrol prices by early this week

Pantaloon Retail and Future Venture board approves demerger of Lifestyle Fashion Biz
-1 equity shares of Future Fashion, for every 3 equity/DVR shares held in PRIL
-1 equity shares of Future Fashion, for every 31 equity shares held in FVIL

Orchid Chemicals to exit 50:50 manufacturing JV in China
-Move a part of cos strategy to consolidate manufacturing operations in India

Other stocks and sectors that are in news today:
- 3i Infotech allots 38.5 lakh shares on November 9 against conversion of 5% FCCBs due 2017
- Pioneer Distilleries (81.6% owned by United Spirits ) (CMP Rs 39.60) acquire 24.66 lakh shares (18.4%) at Rs 60/share by Diageo and other persons in concert
- Take Solutions approves rights issue not exceeding Rs 150 crore
- CESC bags power distribution deal in Nigeria- DNA

Coal India Q2 YoY (cr - crore, vs - versus, cons - consolidated)
-Cons net profit at Rs.3078 cr vs Rs.2593 cr
-Cons net sales at Rs.14572 cr vs Rs.13148.1 cr

HPCL Q2 YoY
-Net profit at Rs.2327 cr vs loss of Rs.3364.5 cr
-Net sales at Rs.48463.9 cr vs Rs.37030.23 cr

Essar Oil Q2 YoY
-Net profit at Rs.105 cr vs loss of Rs.166 cr
-Net sales at Rs.20,963 cr vs Rs.12,939 cr

Suzlon Q2 YoY
-Cons net loss at Rs.808 cr vs profit of Rs.48 cr
-Cons income from operations at Rs.5,702 cr vs Rs.5,131 cr
-Forex loss of Rs.24.4 cr vs loss of Rs.83.5 cr
-Defaulted in repayment of Rs.1,102.7 cr for FCCBs due
-In talks with FCCB holders on various solutions on dues settlements

MTNL Q2 QoQ
-Net loss at Rs.1,094 cr vs loss of Rs.1,059 cr
-Income from operations at Rs.8,374 cr vs Rs.8,305 cr

Lanco Infra Q2 YoY
-Cons net loss at Rs.135.93 cr vs Rs.259.5 cr
-Cons net sales at Rs.3184.7 cr vs Rs.1896.3 cr
-Forex gain at Rs.212.3 cr vs forex loss of Rs.288 cr

Sun TV Q2 QoQ
-Net profit at Rs.151.6 cr vs Rs.164 cr
-Income from operations at Rs.433.3 cr vs Rs.426 cr
-Other income at Rs.9.6 cr vs Rs.13.3 cr

Videocon Industries July-September Quarter YoY
-Net profit at Rs.15.2 cr vs Rs.116.8 cr
-Total income from ops at Rs.3021.7 cr vs Rs.3271 cr
-Other income at Rs.25.8 cr vs Rs.8 cr

GVK Power Q2 YoY
-Cons net loss at Rs.43.6 cr vs Rs.38 cr profit
-Cons net sales at Rs.640.3 cr vs Rs.477.4 cr
-Cons other income at Rs.32.7 cr vs Rs.13.9 cr

BEML Q2 YoY
-Net loss at Rs.62.4 cr vs profit of Rs.15.3 cr
-Net sales at Rs.581 cr vs Rs.792 cr

MOIL Q2 YoY
-Net profit at Rs.108.6 cr vs Rs.101 cr
-Net sales at Rs.229.5 cr vs Rs.248.3 cr

Tata Chemicals Q2 YoY
-Cons net profit at Rs.256.7 cr vs Rs.275 cr
-Cons total income at Rs.4,241 cr vs Rs.3,517 cr

Orchid Chemicals Q2 YoY
-Q2 net loss at Rs.20 cr vs Rs.23.4 cr
-Q2 net sales at Rs.330 cr vs Rs.410 cr
 
Eicher Motors Q3 YoY
-Cons net profit at Rs.66 cr vs Rs.73.7 cr
-Cons net sales at Rs.1,471 cr vs Rs.1,422 cr

SREI Infra Q2 YoY
-Net profit at Rs.130.2 cr vs Rs.24.6 cr
-Total income at Rs.788 cr vs Rs.587 cr

Unitech Q2 YoY
-Cons net profit at Rs.49.2 cr vs Rs.92.4 cr
-Cons net sales at Rs.539 cr vs Rs.679 cr

IVRCL Q2 YoY
-Net loss at Rs.39.6 cr vs Rs.8.1 cr profit
-Total income from ops at Rs.994.7 cr vs Rs.1,046.1 cr

Fortis Healthcare Q2 YoY
-Cons net loss at Rs.28 cr vs loss of Rs.12.3 cr
-Cons income from ops at Rs.1,476 cr vs Rs.599 cr
-Other income at Rs.55.5 cr vs Rs.5.8 cr

Amtek Auto July-September quarter YoY
-Net profit at Rs.54 cr vs Rs.52.7 cr
-Net sales at Rs.504 cr vs Rs.530 cr

UB Holdings Q2 YoY
-Net loss at Rs.17.2 cr vs profit of Rs.66 lakh
-Net sales at Rs.109.4 cr vs Rs.98.2 cr

Punj Lloyd Q2 YoY
-Cons net loss at Rs.18 cr vs profit of Rs.24.7 cr
-Cons net sales at Rs.2,728 cr vs Rs.2,377 cr

Pantaloon Retail Q2 YoY
-Net profit at Rs.4.4 cr vs Rs.33 cr
-Net sales at Rs.2,988 cr vs Rs.2,911 cr
-Okays restructuring of fashion & lifestyle operations

Sterling Biotech Q3 YoY
-Net loss at Rs.76.67 cr vs profit of Rs.10.73 cr
-Net sales at Rs.198.02 cr vs Rs.451.04 cr

ABG Shipyard Q2 YoY
-Net profit at Rs.33 cr vs Rs.48.4 cr
-Net sales at Rs.543 cr vs Rs.581 cr

Pipavav Defence Q2 YoY
-Net profit at Rs.8.4 cr vs Rs.9.4 cr
-Income from ops at Rs.600 cr vs Rs.449 cr

Gitanjali Gems Q2 YoY
-Cons net profit at Rs.151.6 cr Vs Rs.132.2 cr
-Cons net sales at Rs.3,928 cr Vs Rs.2,972 cr
-Gitanjali Gems board ok’s merger of arm Gitanjali Infratech with self

Cox & Kings Q2 YoY
-Cons net profit at Rs.147.6 cr vs Rs.27.4 cr
-Cons net sales at Rs.689 cr vs Rs.136.7 cr

ITI Q2 QoQ
-Net loss at Rs.97.8 cr vs loss of Rs.105.2 cr
-Net sales at Rs.201.8 cr vs Rs.134 cr

Educomp Solutions Q2 QoQ
-Cons net profit at Rs.3.6 cr vs Rs.4.9 cr
-Cons net sales at Rs.302 cr vs Rs.325 cr

Hindustan Dorr-Oliver Q2 YoY
-Net loss at Rs.46 cr Vs Rs.2.8 cr profit
-Net sales at Rs.81.9 cr Vs Rs.150.3 cr

Moser Baer Q2 YoY
-Net loss at Rs.87.6 cr vs Rs.62 cr loss
-Total income from operations at Rs.421.7 cr vs Rs.536.3 cr
-Board approves debt recast plan

Man Ind Q2 YoY
-Cons net profit at Rs.24.2 cr vs Rs.14.1 cr
-Cons total income at Rs.491 cr vs Rs.425.5 cr
-Cons other income at Rs.43.3 cr vs Rs.26.8 cr

KS Oils Q2 YoY
-Net loss at Rs.101.8 cr vs Rs.263 cr loss
-Total income from ops at Rs.667.8 cr vs Rs.860 cr

DB Realty Q2 YoY
-Cons net sales at Rs.52.7 cr vs Rs.166.8 cr
-Cons net profit at Rs.9.1 cr vs Rs.15.5 cr

Abbott India Q2 YoY
-Net profit at Rs.38.3 cr vs Rs.43.6 cr
-Net sales at Rs.406.3 cr vs Rs.396.8 cr

VA Tech Wabag Q2 YoY
-Cons net profit at Rs.17.7 cr vs Rs.6.9 cr
-Cons total income from ops at Rs.348.3 cr vs Rs.268.2 cr

Lanco Ind Q2 YoY
-Net loss at Rs.11.9 cr vs Rs.17.8 cr
-Income from ops at Rs.218.5 cr vs Rs.189.6 cr

Balaji Telefilms Q2 QoQ
-Net loss at Rs.1.16 cr vs Rs.4.4 cr profit
-Total income from ops at Rs.35.8 cr Vs Rs.37.8 cr

Dredging Corp Q2 YoY
-Net profit at Rs.12.6 cr Vs Rs.9.8 cr
-Total income from ops at Rs.145.6 cr Vs Rs.120.3 cr

Nelcast Q2 YoY
-Net profit at Rs.2.6 cr Vs Rs.12.7 cr
-Total income from ops at Rs.127 cr Vs Rs.158.6 cr

Kohinoor Foods Q2 YoY
-Net profit at Rs.4.5 cr Vs Rs.212.3 cr
-Income from ops at Rs.249 cr Vs Rs.279.2 cr

APL Apollo Tubes Q2 YoY
-Cons net profit at Rs.16.4 cr Vs Rs.8.4 cr
-Cons income form ops at Rs.455 cr Vs Rs.313 cr

Shrenuj Q2 YoY
-Net profit at Rs. 19 cr vs Rs. 19.30cr
-Revenues at Rs. 823.6cr vs Rs. 767.2cr
 
Lovable Lingerie Q2 YoY
-Net profit at Rs.4.3 cr vs Rs.4.6 cr
-Net sales at Rs.40 cr vs Rs.34.4 cr

IRB Infra Q2 YoY
-Net profit at Rs.51 cr vs Rs.10.6 cr
-Income from operations at Rs.450.7 cr vs Rs.133.1 cr

Zenith Birla Q2 YoY
-Net loss at Rs.17.6 cr Vs profit of Rs.1 cr
-Income from ops at Rs.87.3 cr Vs Rs.140 cr

Set email alert for
United Spirits UB Holdings Kingfisher Air
Hero Motocorp IOC Future Retail
Orchid Chemical 3i Infotech Pioneer Distill
Take Solutions CESC Coal India
HPCL Essar Oil Suzlon Energy
MTNL Lanco Infratech Sun TV Network
Videocon Ind GVK Power BEML
MOIL Tata Chemicals SREI Infra
IVRCL Fortis Health Amtek Auto
Punj Lloyd Sterling Bio ABG Shipyard
Pipavav Defence Gitanjali Gems Cox & Kings
ITI Educomp Sol Hind Dorr-Olive
Moser Baer Man Industries KS Oils
DB Realty Abbott India Va Tech Wabag
Lanco Industrie Balaji Telefilm Dredging Corp
Nelcast Kohinoor Foods APL Apollo
Shrenuj and Co Lovable Lingeri IRB Infra
Zenith Birla

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