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Stocks in the news: Bharti Airtel, SBI, ITC, Eicher Motors, Raymond, Tata Power, Tata Motors

SBI | ITC | Eicher Motors | Raymond | Tata Power | ACC | Dishman Carbogen and SRF are stocks which are in the news today.
Aug 2, 2019 / 07:46 AM IST

Here are stocks that are in the news today:

Results on August 2: SBI, ITC, HDFC, Power Grid Corporation of India, GATI, BSE Limited, Alphageo (India), Xpro India, Gujarat State Petronet, Andhra Bank, VLS Finance, Exide Industries, Birla Corporation, Ujjivan Financial Services, Equitas Holdings, Filatex India, Aditya Birla Capital, Vinyl Chemicals (India), D-Link (India), IRB Infrastructure Developers, Astral Poly Technik, Sterling Tools, Bata India, Capri Global Capital, Insecticides (India), National Fertilizers, Camlin Fine Sciences, Birla Corporation, Somany Ceramics, Godrej Agrovet, eClerx Services, Lumax Industries, Dhampur Sugar Mills, Parag Milk Foods, Elgi Equipments, Tata Communications, Dhampur Sugar Mills, Surya Roshni, INOX Leisure, V-Mart Retail, Kaya, McDowell Holdings, MM Forgings, BEML, Deepak Nitrite, Sical Logistics, Firstsource Solutions, Union Bank of India, Raj Oil Mills, Laurus Labs, TCPL Packaging, HUDCO, Summit Securities, Rico Auto Industries Limited

Bharti Airtel Q1: Consolidated net loss at Rs 2,866 crore versus profit of Rs 107.2 crore, revenue rises 0.7 percent to Rs 20,737.9 crore versus Rs 20,602.2 crore QoQ; India wireless EBIT loss at Rs 1,242 crore EBIT loss of Rs 1,377.8 crore and average revenue per user rises 5.1 percent to Rs 129 versus Rs 123 QoQ.

Raymond Q1: Loss at Rs 14.85 crore versus profit of Rs 0.02 crore, revenue rises to Rs 1,435.12 crore versus Rs 1,250.66 crore YoY.

Adlabs Entertainment Q1: Loss at Rs 32.47 crore versus Rs 20.92 crore, revenue falls to Rs 81 crore versus Rs 84.72 crore YoY.


Dhampur Sugar Mills June quarter: Profit rises to Rs 58.5 crore versus Rs 32.25 crore, revenue increases to Rs 937 crore versus Rs 734.4 crore YoY.

Tata Power Q1: Profit falls to Rs 151.3 crore versus Rs 1,670.9 crore, revenue rises 6.2 percent to Rs 7,766.7 crore versus Rs 7,315.2 crore YoY.

JK Tyre Q1: Consolidated net profit down 73.7% at Rs 17 crore against Rs 64.3 crore, revenue up 5.6% at Rs 2,575.4 crore versus Rs 2.439.5 crore, YoY

Dalmia Bharat Q1: Consolidatednet profit at Rs 152 crore against Rs 52 crore, revenue at Rs 2,537 crore against Rs 2,368 crore, YoY

KRBL Q1: Consolidated net profit at Rs 136.12 crore versus Rs 100.05 crore, revenue at Rs 1,217.70 crore versus Rs 745.05 crore, YoY

GSK Consumer Q1: Net profit up 23% at Rs 248.1 crore versus Rs 200.4 crore, revenue up 7.9% at Rs 1,194.3 crore against Rs 1,107.1 crore, YoY

HCC Q1: Consolidated net loss at Rs 17.4 crore versus loss of Rs 66 crore, revenue rises 6 percent to Rs 2,455.9 crore versus Rs 2,316.1 crore YoY.

Raymond: Board authorised the senior management to explore and evaluate potential options to restructure the businesses of the company.

Dishman Carbogen: US FDA completed inspection of company's subsidiary's Neuland unit with no observation.

Eicher Motors July Sales: Total Royal Enfield sales fell 22 percent to 54,185 units versus 69,063 units YoY.

Tata Motors: Company to cut electric vehicle price by up to Rs 80,000 from August, due to GST rate revision.

ACC: Company appointed Rajani Kesari as Chief Financial Officer.

LIC Housing Finance: Siddhartha Mohanty appointed as MD, CEO.

Crest Ventures: Company has liquidated its entire stake being 37,20,000 equity shares representing 62 percent of the total issued, subscribed and paid-up equity share capital in its subsidiary Crest Wealth Management Private Limited.

KCP: Company has differed the proposal for setting up of Grinding Unit at Naidupeta, Andhra Pradesh. Due to environmental concerns, the company approached the Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) for cancellation of allotment of land at Industrial Park, Naidupet, Andhra Pradesh. The APIIC had accepted its request and cancelled the allotment.

Hero Motocorp sold 5,35,810 units of twowheelers in July 2019

Tata Motors domestic sales registered a drop of 34% at 32,938 units compared to 50,100 units sold in last year

Power Grid declared as the successful bidder under Tariff based competitive bidding to establish transmission system

PSP Projects has been awarded with new work orders worth Rs 86.20 crore

SRF: Engineering Plastics business has been divested to DSM India with effect from 01.08.2019

Coal India: July provisional offtake at 46.82 mt, down 2.9%,  July provisional output at 38.50 mt, down 5.1%, YoY

Lakshmi Vilas Bank clarify that the bank has no exposure on CCD or its subsidiaries.

RBI advised Bank of India to pay a penalty of Rs 1.5 crore on account of 'Non-compliance with RBI's direction on Frauds' in Rotomac Group companies

Dhunseri Tea & Industries: Company signed binding agreement(s) with Tata Global Beverages for sale of its branded business (Lalghora & Kalaghora).

Adani Transmission receives letter of intent (LOI) for Centre sector transmission project linked to renewable sector in Rajasthan

RBI imposes penalty of Rs 2 crore on Allahabad Bank

National Aluminium Company (NALCO), Hindustan Copper (HCL) and Mineral Exploration Corporation (MECL) form JV for acquisition, exploration & processing of strategic minerals abroad

Wipro: N Vaghul, Independent Director and Dr Ashok S Ganguly, Independent Director, have retired from company's Board of Directors. Company launched co-innovation center with Amazon Web Services.

SRF: Engineering plastics business has been divested to DSM India Private Limited.

Jaypee Infra: NCLAT overturns NCLT order directing return of 758 acre land to Jaypee Infra under IBC.

Talwalkars Healthclubs has made a default in the payment of interest on loan from banks/ financial institutionsCARE Ratings and ICRA has revised the ratings on long term facilities and NCD issue
Moneycontrol News
first published: Aug 2, 2019 07:46 am