Moneycontrol PRO
HomeNewsBusinessStocksStocks in news: DCB, Tech Mah, ICICI Bank, SBI, RIL, ONGC

Stocks in news: DCB, Tech Mah, ICICI Bank, SBI, RIL, ONGC

DCB | Nalco | Jyoti Structures | Kotak Mahindra Bank | Bharat Forge | Godrej Consumer | Royal Orchid | Tech Mahindra | ICICI Bank | SBI | Chambal Fertiliser | Tata Steel | RIL and ONGC are stocks, which are in the news today.

January 24, 2011 / 08:35 IST

Here are stocks that are in news today:


Results today: ICICI Bank, Union Bank of India, Idea Cellular, Indian Bank, JSPL, Godrej Consumers, Jindal Steel, Sesa Goa, SKS Finance, Sobha Dev, Deccan Chronicle


Chambal Fertiliser Q3 (cr - crore, vs - versus)
-Revenue up 18.5% to Rs 1353 cr vs Rs 1142 cr
-OPM 17% vs 16.2%
-PAT up 35% to Rs 107 cr vs Rs 80 cr


Omkar Speciality Chemical IPO opens today
-Price band Rs 95-98/sh
-Offer to raise Rs 76.95-79.38 crore


Tata Steel sets issue price for FPO at Rs 610/share: NW18
-QIB (net of anchor): 10.41 times (x)
-Retail: 1.46x
-HNI: 7.21x
-Employee: 0.05x
-Overall: 5.98x


ONGC says - NewsWire18
-Mumbai offshore oil pipeline leakage stopped
-To disperse Mumbai offshore oil spill within 48 hours


RIL Q3 (Largely inline with street expectations) (YoY)
-Sales up 5.2% at Rs 59789 crore Vs Rs 56856 crore
-OPM at 15.96% Vs 13.80%
-Net profit up 28.1% at Rs 5136cr Vs Rs 4008cr
-GRM at USD 9/bbl Vs USD 7.9/bbl QoQ
-Petchem margins up 60 bps at 15.2% Vs 14.6%
-Oil and Gas margins down 360 bps at 36% Vs 39.6% QoQ
-Crude throughput at 16.1 MMT Vs 16.9 MMT QoQ
-Utilization at 104% Vs 109% QoQ
-Lower utilization on account of planned shutdown at Jamanagar refinery 
-Other expenses up 7.1% at Rs 4142 crore Vs Rs 3869 crore QoQ
-Q3 Other un-allocable expenses including forex loss of Rs 117 crore
-KG-D6 average production in Q3 at 54.5 mmscmd


SBI Q3
-Net profit at Rs 2,828 cr Vs Rs 2,479.1 Cr (YoY)
-NII at Rs 9,050 cr vs Rs 6,316.3 cr (YoY)


Tech Mahindra Q3
-Consolidated net profit at Rs 260 cr vs Rs 170 cr (QoQ)
-Consolidated income from operations at Rs 1,211 cr vs Rs 1,187 cr (QoQ)
Tech Mah says from boardroom
-Q3 volume growth flat sequentially
-Q3 operating profit margin at 20.6%
-Q3 IT utilisation at 76.3%
-Discretionary IT spending slow to pick up
-Q3 attrition around 30%
-Debt as on December at Rs 1,348 cr vs Rs 1,426 cr in September
-Cash, cash equivalents at Rs 519 cr as on December 31
-Tepid quarter due to sluggish growth in telecom sector
-Strong hedge portfolio to protect margins in short-term
-Expect AT&T biz to grow
-Business from BT will not be affected by stake sale
-Details on merger with Mahindra Satyam to be clearer soon


Godrej Consumer Q3
-Cons net profit at Rs 118.8 cr vs Rs 85.1 cr (YoY)
-Cons net sales at Rs 980.4 cr vs Rs 517.6 cr (yoy)


Royal Orchid Q3
-Consolidated net profit at Rs 4.4 cr vs Rs 3 cr
-Consolidated revenues at Rs 40.9 cr vs Rs 31.3 cr (YoY)
-Consolidated EBIDTA margins at 29% vs 24.7%


Bharat Forge Q3
-Net profit at Rs 82.6 cr vs Rs 38 cr (YoY)
-Net sales at Rs 754 cr vs Rs 496 cr (YoY)

Other stocks and sectors that are in news today:
-Maruti ups vehicle prices by up to Rs 8,000
-Kotak Mahindra Bank hikes rates on some deposits by 25-50 bps effective January 22
-Government in process to ban FDI in the wholesale marketing arm of the tobacco companies (BS)
-Jyoti Structures rights issue opens today (ET)
-Vodafone gives a nod for Essar IPO (ET)
-Thermax to setup country
first published: Jan 24, 2011 08:21 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseGen AI Masterclass