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Stocks in news: Jagran, WWIL, ACC, Bata, SKS, Hero Motocorp

PI Industries | Jagran Prakshan | WWIL | Tata Metaliks | JK Lakshmi Cement | Sterlite Industries | ACC | Bata | Gujarat Gas | Tata Communications | Wockhardt | OnMobile Global | SKS Microfinance | India Cements and Hero Motocorp are stocks, which are in the news today.

July 27, 2012 / 09:41 IST

Here are stocks that are in news today:

Results today: NTPC, ICICI Bank, PNB, Grasim Industries, Nestle, Bank of India, REC, Union Bank, Neyveli Lignite, United Spirits, Central Bank of India, Dena Bank, MRPL, HCC, M&M Financial, DHFL, Sterlite Technologies, TVS Motor Company, Sundaram Finance, Trent, Thomas Cook, Shriram City Union, Zydus Wellness, Gujarat Pipavav, IRB Infrastructure, Strides Arcolab, CESC, Triveni Engineering, Alstom T&D, Jindal Saw, MCLeod Russel, Balmer Lawrie, Munjal Showa, Kernex Micro, Gokaldas Export, Inox Leisure, Mastek, GHCL, Eveready, AB Money, SIL Investments, TCPL Packaging, Paper Products, Nitco

Hero MotoCorp to enter wage negotiations with Gurgaon workers
Workers
sources say
-Hero Motocorp Gurgaon workers send demand notice for wage hike on July 11
Hero MotoCorp says
-Wage negotiation progressive process of dialogue and talks

India Cements
-Raises Rs 500 crore from ICICI Bank and Axis Bank
-Part of the fund raised for repayment of existing high cost debt
-Part of funds for setting up thermal power plant and upgradation of Chilamakur cement plant in AP
-Power plant to have capacity of 50 MW

Fitch downgrades Tulip Telecom to 'A-' from 'A+'
-Company has still not tied up funds for USD 97 million FCCB redemption

Tata Communications says
-VSNL land demerger to take 6-9 months
-Do not have details from government on VSNL land demerger yet
-Will look at reducing debt of USD 1.55 billion over time

Anil Agarwal writes to PM on Hindustan Zinc (HZL), Balco: Sources
-Letter does not specify revised offer for HZL-Balco
-Have asked for transparent process for stake sales
-Willing to abide by the process selected by GoI

Anil Agarwal to PM
-Open to negotiations for GoI’s stake in HZL, Balco
-GoI should unlock value from HZL, Balco
-Vedanta had offered Rs 17,274 crore for HZL, Balco in January 2012

Stocks Ex– Dividend
-Bombay Dyeing: Rs 5/Share
-Hinduja Ventures: Rs 15/Share
-ICRA: Rs 20/Share

Other stocks and sectors that are in news today:
-IMD says monsoon rains 20% below average in week to July 25
-Marans got Rs 550 crore bribe in Aircel-Maxis deal: CBI (CBI set to charge former minister, brother)
-Wockhardt sells its nutrition business to Dannone for Rs 1280 crore
-RIL, BP revised downwards the investment required for developing the MA oilfield in KG-D6 block by USD 276 million to USD 1.96 billion: BS
-SBI raises USD 1.25 billion through a dollar-denominated bond issue
-Onmobile Global mandates Avendus to assess its value, atleast two shareholders looking to sell stake
-Deutsche Securities buys 9.15% stake in SKS Microfinance via QIP
-Govt may ask Coal India to import coal for power companies

Sterlite Industries Q1FY13 consolidated YoY
-Net profit at Rs 1202 crore (Cr) versus (Vs) Rs 1640 Cr
-Net sales at Rs 10591 Cr vs Rs 9824 Cr
-Consolidated forex loss of Rs 217 Cr

ACC Q2FY13 Consolidated YoY
-Net Profit at Rs 415 Cr Vs Rs 328 Cr
-Net Sales at Rs 2919 Cr vs Rs 2539 Cr
-Other income at Rs 78.5 Cr Vs Rs 46.4 Cr

Bata Q2FY13 YoY
-Net profit at Rs 52.6 Cr Vs Rs 40.9 Cr
-Net sales at Rs 503.3 Cr Vs Rs 429.3 Cr

Gujarat Gas Q2FY13 YoY
-Net profit at Rs 53 Cr Vs Rs 96.6 Cr
-Net sales at Rs 766 Cr Vs Rs 585.2 Cr

Tata Comm Q1FY13 Consolidated QoQ
-Net Loss at Rs 143 Cr Vs loss of Rs 261 Cr
-Income from operations at Rs 4107 Cr Vs Rs 3961.3 Cr

JK Lakshmi Cement Q1FY13 YoY
-Net profit at Rs 50.3 Cr Vs Rs 22.8 Cr
-Total income from operations at Rs 534 Cr Vs Rs 397 Cr

Tata Metaliks Q1FY13 Consolidated YoY
-Net Loss of Rs 13.4 Cr Vs Loss of Rs 35.4 Cr
-Net Sales at Rs 222.4 Cr Vs Rs 320.3 Cr
-Other Income at Rs 26.3 Cr Vs Rs 10 Cr

MCX Q1FY13 YoY
-Net profit at Rs 64.7 Cr Vs Rs 62 Cr
-Total income from operations at Rs 146.2 Cr Vs Rs 138.4 Cr

WWIL Q1FY13 Consolidated QoQ (OPM & EBITDA Negative figures)
-Total Income from operations up 29% at Rs 111.5 Cr vs Rs 86.5 Cr
-Net Loss at Rs 1 Cr vs Net Loss at Rs 24.5 Cr
-EBITDA at Rs 25.5 Cr
-OPM at 22.9%

Jagran Prakashan Q1FY13 Standalone Results QoQ
-Total income from operations up 2.5% at Rs 318 Cr vs Rs 310 Cr (Poll of Rs 320 Cr)
-PAT up 30% at Rs 56 Cr vs Rs 43 Cr
-EBITDA up 21% at Rs 79 Cr vs Rs 65.5 Cr
-OPM at 24.9% vs 21.1%
-Other Income was negative for the quarter at Rs 0.71 Cr vs positive other income at Rs 18 Cr
-PAT boosted led by tax expense at nil vs Rs 19 Cr

PI Industries Q1FY13 YoY
-Net profit at Rs 23.46 Cr Vs Rs 47.95 Cr
-Net sales at Rs 239 Cr Vs Rs 206 Cr

first published: Jul 27, 2012 08:19 am

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