Here are stocks that are in news today:
Results Today: Marico, Sun TV, Jet Airways, Abbott India, BGR Energy, ICRA, City Union Bank, SKS Microfinance, Tata Investment, Mahindra Ugine, TV Today, Graphite India, United Bank of India, Timex, ABC Bearings, Balmer Lawrie, Nilkamal, NRB Bearings, Moser Bayer, Peninsula Lands, Asian Hotel (West)
Kale Consultants
-Rupee depreciation contributes 25% to company's profit
-No merger between Accelya Kale and Kale Consultants
Met Department says
-Monsoon to be deficient this year
-Alert: This may be the first indication of a drought-like situation after 3 years
Glenmark Pharma Q1FY13 Consolidated YoY
-Net profit at Rs 78.3 crore versus Rs 208.5 crore
-Net sales at Rs 1,040 crore versus Rs 868 crore
Mahindra Satyam Q1FY13 Consolidated QoQ
-Net profit down 34% at Rs 352 crore
-Revenue up 12.8% at Rs 1,880 crore
-EBITDA at Rs 408 crore versus Rs 292 crore
-EBITDA Margin up 417 bps at 21.7%
-Other Income at Rs 134 crore versus Rs 72.7 crore
-Attrition Rate at 13.5% versus 17.3% (YoY)
Boardroom: Mahindra Satyam Says
-Have resolved most of the liabilities that company had
-Dollar revenue up 3% at USD 342 million (QoQ)
-All shareholders, employee & customers offered overwhelming support on merger
-Reasonable growth given macro conditions
-Intend to pursue the PWC case with Vigor
-Hoping merger to be completed by the year-end
-Next stage of merger process is court hearings
-300 bps benefit seen on margins from Rupee depreciation
-Macro economic issues continue to remain a concern
Berger Paints Q1FY13 consolidated YoY
-Net profit at Rs 44.4 crore versus Rs 37.2 crore
-Net sales at Rs 803 crore versus Rs 693 crore
Shasun Pharma Q1FY13 Consolidated YoY
-Net profit at Rs 14 crore versus Rs 7 crore
-Net sales at Rs 250 crore versus Rs 192.2 crore
ACC July Cement Sales YoY
-Cement sales at 1.88 mt versus 2.01 mt
-Cement output at 1.86 mt versus 2.03 mt
Stocks Ex-Dividend
- Hinduja Global : Rs 20/share
- Amara Raja : Rs 3.78/share
- Amrit Corp : Rs 24/share
SEBI bars ISIN codes activation for equity and debt securities
-SEBI bars ISIN codes activation in order to check transfer of equity & debt securities issued before listing
-SEBI streamlines direct market access facility for trading
-DMA facility gives investors direct access to the stock exchange's trading system without any manual intervention by the broker
Other stocks and sectors that are in news today:
- Sun Pharma looks to acquire Germany’s Stada Arzneimittel, seeks to raise USD 1 billion for the deal: ET
-Cabinet may finalize 2G reserve price today
- RIL and BP’s plan to buy stake in new terminal of Petronet LNG is shelved: ET
- Strides Arcolab , Ranbaxy and Mylan in tie up with Gilead for HIV generic: TOI
- NMDC arm to buy 2 coal assets in Queensland: DNA
-Deccan Chronicle promoters pledge more properties: TOI
- JSPL Mauritius raises USD 150 million via ECB to repay loans taken from the parent: ET
- SBI cuts home loan growth projection: FE
-Bombay HC restrains Videocon from manufacturing washing machines resembling Whirpool's design
- Oil India keen to take up to 10-15% stake in HPCL's Barmer refinery: PTI
- Elder Pharma board okays merger of Elder Healthcare into company
-Jharkhand hikes electricity tariff by an average of 16%
-NHB cuts interest rate on refinance by up to 1%: DNA
- Unitech moves CLB versus Uninor's decision to auction India telecom business
-Sify tech sells entire stake in MF Global India for USD 25 million (Rs 139 crore)
