Here are the stocks which are in news today:
Results Today: ICICI Bank, Vijaya Bank, Exide Industries, Tata Chemicals, Tata Coffee, Dwarikesh Sugar
Manipal Health further sweetens offer for Fortis Healthcare
HPCL begin home-delivery of diesel
Welspun Corp received orders along with demand from the Joint Commissioner (Appeal) - GVAT, Rajkot for an amount of Rs178.79 crores
Avenue Supermarts: Q4FY18 standalone net profit rises 72.86 percent YoY to Rs 167.10 crore
Wockhardt Q4: Loss at Rs 154 crore versus loss of Rs 174 crore; revenue up 17.6 percent at Rs 1,018 crore versus Rs 865.5 crore (YoY).
R Systems International: Q4 Profit falls to Rs 3.85 crore from Rs 7.32 crore, revenue from operations decliend marginally to Rs 152.2 crore from Rs 155.5 crore (YoY).
Voith Paper Fabrics Q4: Profit dips to Rs 4.5 crore versus Rs 5.2 crore; revenue from operations falls to Rs 23.8 crore from Rs 24.5 crore (YoY).
SQS India BFSI: Q4 Profit after tax rises to Rs 10.4 crore from Rs 5.5 crore, aided by a forex gain of Rs 2.9 crore; operating revenue jumps to Rs 75.6 crore versus Rs 70.4 crore (YoY).
Teesta Agro Industries: Q4 Profit falls to Rs 5 lakh from Rs 38 lakh; revenue from operations jumps to Rs 23.66 crore from Rs 14.70 crore (YoY).
BASF India: Q4 Profit jumps to Rs 66 crore versus Rs 42.55 crore; revenue from operations slips to Rs 1,343.56 crore versus Rs 1,392.62 crore (YoY).
Indo Count Industries: Q4 Profit dips to Rs 26.79 crore versus Rs 48.80 crore; revenue from operations falls to Rs 405.94 crore versus Rs 467.51 crore (YoY).
Nitta Gelatin India: Q4 Profit jumps to Rs 5.48 crore versus Rs 4.01 crore; revenue from operations rises to Rs 88.64 crore versus Rs 78.39 crore (YoY).
Great Eastern Shipping: Q4 Loss widens to Rs 418.2 crore versus Rs 34.16 crore; revenue from operations increases to Rs 768.90 crore versus Rs 746.52 crore (YoY).
LS Industries: Q4 Net profit at Rs 26.14 lakh versus loss of Rs 9.18 lakh; revenue from operations jumps to Rs 4.2 crore from Rs 1.9 crore (YoY).
Triton Valves: Q4 Profit falls to Rs 1.23 crore versus Rs 2.48 crore; revenue from operations increases to Rs 54.9 crore versus Rs 48.7 crore (YoY).
Nocil: Q4 Profit rises to Rs 50.95 crore versus Rs 20.91 crore; revenue from operations jumps to Rs 275.87 crore versus Rs 209.78 crore (YoY).
Indbank Merchant Banking Services: Q4 loss at Rs 2.5 crore versus profit at Rs 1.07 crore; revenue from operations rises to Rs 2.7 crore versus Rs 2.35 crore (YoY).
Lloyds Steels Industries: Q4 profit jumps to Rs 99.84 crore from Rs 12.03 crore; revenue from operations rises to Rs 63.4 crore versus Rs 39.4 crore (YoY).
Elecon Engineering: Q4 Profit rises to Rs 53.38 crore versus Rs 30.04 crore; revenue from operations falls to Rs 437.14 crore from Rs 446.64 crore (YoY).
Kaya: Q4 loss at Rs 7.8 crore versus loss of Rs 4.52 crore; revenue from operations dips to Rs 97.38 crore versus Rs 114.4 crore (YoY).
Fortis Healthcare: Company appoints Arpwood Capital Private Limited as financial advisor to the board of directors of the company to provide its independent opinion on (a) the offers received or to be received from bidders for a potential significant equity investment and/or acquisition or restructuring of its assets, and (b) on the appropriateness of the process put into place for dealing with the said offers.
Indiabulls Ventures: To capitalise and fund IVL Finance Limited and Indiabulls Asset Reconstruction Company, subsidiaries of the company, for meeting their business requirements and to support the future growth of their businesses and to further augment the long-term financial resources of the company, Indiabulls Ventures' board of directors approved the preferential offer and issue of upto 4,58,39,888 equity shares at an issue price of Rs 450 per share, for cash consideration aggregating to approximately Rs 2,063 crore, to certain foreign investors.
Thomas Cook India: CRISIL revised its outlook of the credit rating assigned to long-term instruments of the company amounting to Rs 200 crore
PC Jeweller's board meeting on May 10 to consider the proposal for buy back of fully paid-up equity shares of the company
Larsen & Toubro: Subsidiary company, L&T Infrastructure Development Projects (L&TIDPL) transferred its stake in five subsidiary companies to Indinfravit Trust through the infrastructure investment trust (InvIT) route on May 4, 2018. Accordingly, these companies cease to be subsidiary companies of the company
Great Eastern Shipping approved issue of NCDs upto Rs 1000 crore by way of private placement and recommended final dividend of Rs 7.20 per share for
the financial year ended March 31, 2018
Kirloskar Oil Engines incorporats a wholly owned subsidiary, Kirloskar Capital, for commencement of financial service business
Bank of Baroda: Keeps marginal cost of funds based lending rate (MCLR) at existing level across the tenors.
Cadila Healthcare: Zydus receives final approval for Succinylcholine Chloride injection USP and tentative approval for Plerixafor injection from the USFDA
Apollo Tyres board meeting on May 10 to consider issue of NCD
Lancer Container Lines purchased 100 brand new 20 feet shipping container
Smartlink Holdings: Board of directors of Smartlink Holdings Limited (formerly known as Smartlink Network Systems) has approved the buyback of 56 lakh equity shares of Rs 2 at a price of Rs 120 per share under tender offer route.
Bodal Chemicals: Company had started the process for acquisition of land aggregating to about 4.82 lakh square metres from the Gujarat Industrial Development Corporation (GIDC) authority, Ankleshwar for future expansion and new projects.
Punjab National Bank: Hiroo Mirchandani, Director under shareholder category, ceased to be director on the board of the bank on completion of her tenure.
PNC Infratech: CARE has assigned credit rating on the long term bank facilities of subsidiary, PNC Khajuraho Highways Private Limited to A-; stable.
Benares Hotels: Ashwani Anand has resigned as the chief executive officer (CEO) of the company.
Pankaj Polymers: Board of directors approved sale of assets of the company located at Nagpur Unit.
Manomay Tex India: Commercial production at Denim Plant situated at Gangrar (Raj) successfully commenced.
Otco International: To consider splitting up of face value of equity shares of the company from of Rs 10 each.
A Infrastructure: Board has given consent for execution of a memorandum of understanding (MOU) for purchase of land, building and plant & machinery used for distillery owned by J R Organics Limited for Rs 28.50 crore.
James Hotels: Committee of Creditors decided that in the absence of any viable resolution plan, the company will be liquidated in terms ofthe provisions ofthe Insolvency and Bankruptcy Code.
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