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Stocks in news: MCNally, DRL, Godrej Cons, ONGC, Wipro

Gayatri Projects | MCNally Bharat | Dr Reddy's Labs | Godrej Consumer | Coal India | ONGC | Amtek Auto | Wipro | India Securities | RIL | BHEL and ITC are stocks, which are in the news today.

January 21, 2011 / 08:53 IST

Here are stocks that are in news today:


Results today: RIL, BHEL, ITC, IFCI, PNB, Praj Industries, Polaris, Raymond, Tech Mahindra, HCC, Indiabulls Fin, M&M Fin, Corporation Bank, Bank of India


Wipro Q3 (cr - crore, vs - versus)
-Net profit up 3.4% at Rs 1,319 cr vs Rs 1,276 cr (QoQ)
-Consolidated revenue at Rs 7,829 cr vs Rs 7,731 cr (QoQ)
-Global IT USD revenues up 5.6% at USD 1.34 billion (QoQ)
-Global IT EBIT at Rs 1,321 cr vs Rs 1,275 cr (QoQ)
-Wipro Q4 Guidance: IT sevices revenues seen up 3-5% at USD 1.38-1.41 billion (QoQ)
-Wipro TK Kurien takes over as CEO
-Suresh Vaswani & Girish Paranjpe step down as Joint CEOs


Essar says
-Merger of Essar Teleholdings & ISL fully compliant with norms
CNBC-TV18 alert: ISL - India Securities
-Essar says: proposed merger being done in open, transparent manner


Corporate Actions
-Coromandel International - Ex dividend by Rs 4
-PFC - Ex dividend by Rs 3.5 


Kovai MedIcal Q3
-Net sales at Rs 46.5 cr vs Rs 33.5 cr
-Profit at Rs 4.1 cr vs Rs 2.8 cr


Hindoostan Spinning Q3
-Net sales at Rs 21.5 cr vs Rs 18 cr
-Net profit at Rs 1.77 cr vs Rs 2.4 cr


Oil Minister says - NewsWire18
-Hope to get Rs 36,000 crore govt subsidy in FY11
-Decontrol of oil products has its 'limits'
-To expedite decision on Cairn-Vedanta deal
-No proposal for increase in diesel prices
-To seek cut in excise, custom duty on oil products
-Believe oil prices will moderate in coming months
-To focus on improving efficiency of PSU Oil cos
-To focus on acquiring oil, gas deposits overseas


Kapil Sibal says
-Will unveil new telecom policy within 100 day deadline
-Efficient networks possible even with 4 mhz spectrum
-Expect MNP to usher in more competition
-Expect operators to offer more packages with MNP

Other stocks and sectors that are in news today:
-Amtek Auto enters in a JV with Autech Corp to manufacture vehicles for defence, para-medical, waste management sectors (ET)
-Defence Minister refuses to follow minister
first published: Jan 21, 2011 08:31 am

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