Here are stocks that are in news today:
Results Today: Lanco Industries, SpiceJet, ILandFS Engineering and Construction, OMDC, GTL Infrastructure, Welspun Projects, Tamilnadu Petroproducts, Tata Chemicals, TD Power, RCF, EIH, Engineers India, EIH, Aptech, Emkay Global, Graphite India, NDTV, Titagarh Wagons, Wheels India, Radico Khaitan, Firstsource Solutions, Repco Home Finance, Lakshmi Machineworks, Flex Food, Nitesh Estate
National Spot Exchange (NSEL) row
-FMC & NSEL meet exchange members, plant owners yesterday
NSEL says:
-Many buyers interested in settling dues immediately
-8 members willing to pay as per schedule
-Total amount pertaining to 8 members is Rs 2,181 crore
-13 members opted to settle Rs 3,107 crore in 20 weeks
-13 members to pay 5 percent every week
-Negotiation going on with 3 members
-Amount pertaining to 3 members is Rs 311 crore
Jayant Agro:
-No contracts outstanding with National Spot Exchange
-Rs 16.4 lakh receivable from National Spot Exchange
Commerce Minister Anand Sharma to CNBC-TV18: FIPB scrutiny of Jet-Etihad shareholding agreement (SHA) met new definition of control
SEBI sources say:
-Jet-Etihad deal done; now it is up to government to clear
-Deal only requires Jet Airways issuing shares once money comes in
Jet Airways:
-Slashes fares; offers 7 lakh tickets on discount
-Offers fares starting at Rs 1,777
Govt sells stake in Neyveli, STC, ITDC; raises Rs 395 crore
Govt source:
-State Trading Corporation stake sale fetched Rs 4.5 crore
-Raised Rs 30 crore via stake sale in ITDC
-Raised Rs 360 crore from Neyveli Lignite share sale
SAIL July production up by 3 percent (YoY): Reuters
-Saleable steel up 3 percent at 1.08 mt (YoY): Reuters
Apollo Tyres-Cooper Tire deal: Apollo Tyres says
-Transaction to be completed before 2013-end
-Companies announce expiration of HSR Act waiting period
Alert: HSR is Hart-Scott-Rodino
SEBI sources say:
-Holcim deal to come up to SEBI for scrutiny
-Holcim submits proposal to NSE
Arundhati Bhattacharya appointed MD and CFO ofSBI
Alert: Arundhati Bhattacharya earlier was MD & CEO of SBI Capital
Alert: A Bhattacharya replaces D Gupta who retired on July 31
Other stocks and sectors that are in news today:
-Monsoon session of parliament begins today (August 5 to 30)
-SBI led consortium seek personal guarantees from promoters of PSL to restructure Rs 3400 crore loan: ET
-Tata Motors cuts Pantnagar plant workforce by 21 percent in 1st quarter on back of economic slowdown: ET
-YES Bank's Rana Kapoor opens to settlement talks with Madhu Kapur: ET/BS
-Essar Steel hike prices, JSW to follow soon: Reports
-Bombay High Court adjourns hearing in Bajaj Auto versus Union Case till August 7
-Karur Vysya Bank to mull issue of shares via QIP/preferential issue tomorrow
-Tata Steel to bid for Indian iron ore assets of Britain's Stemcor: PTI
Coal India Q1:
-Net Profit at Rs 3,731 Crore Versus Rs 4,469.3 Crore (YoY)
-Net Sales at Rs 16,472.4 Crore Versus Rs 16,500.6 Crore (YoY)
-EBITDA at Rs 3,958 Crore Versus Rs 4,814.6 Crore (YoY)
-EBITDA Margin at 24 percent Versus 29.2 percent (YoY)
-Other Income at Rs 2,219.6 Crore Versus Rs 2,071.4 Crore (YoY)
-Tax Rate at 34.4 percent Versus 29.3 percent (YoY)
-Production at 102.89 mt Versus 102.47 mt (YoY)
-Offtake at 115.36 mt Versus 113.04 mt (YoY)
Coal India says:
-Cost of production increased by around Rs 750 crore in Q1
-Realisations from e-auction at Rs 2,140/tn versus Rs 2,561/tn (yoy)
-Accounted for lower e-auction realisations this quarter
-Lower realisation from e-auction sales pulled down pat
-Q1 production cost at Rs 758 crore
-Impact of diesel price hike in Q1 at Rs 143 crore
-Profit margins to remain under pressure in FY14
-Effect of price increase will be realised in Q2
-Met 90 percent of power sector coal need under supply pacts
BHEL Q1:
-Net Profit at Rs 465.4 Crore Versus Rs 920.9 Crore (YoY)
-Net Sales at Rs 6,352.5 Crore Versus Rs 8,326.2 Crore (YoY)
-EBITDA at Rs 283 Crore Versus Rs 1,119 Crore (YoY)
-EBITDA Margin at 4.5 percent Versus 13.4 percent (YoY)
-Other Income at Rs 538.5 Crore Versus Rs 366.3 Crore (YoY)
-Finance Costs at Rs 27.7 Crore Versus Rs 5.5 Crore (YoY)
-Power Biz Revenue at Rs 5378.6Crore Versus Rs 6,769.3 Crore (YoY)
-Power Biz PBIT at Rs 759 Crore Versus Rs 1,206.4 Crore (YoY)
-Industry Biz Revenue at Rs 1292.6 Crore Versus Rs 1971.7 Crore (YoY)
-Industry Biz PBIT at Rs 131 Crore Versus Rs 413.4 Crore (YoY)
Grasim Industries Q1:
-Consolidated Net Profit at Rs 610 Crore Versus Rs 718 Crore (YoY)
-Consolidated Net Sales at Rs 6,895 Crore Versus Rs 6,795.5 Crore (YoY)
-Consolidated EBITDA at Rs 1,270 Crore Versus Rs 1,591 Crore (YoY)
-Consolidated EBITDA Margin at 18.4 percent Versus 23.4 percent (YoY)
-Other Income at Rs 233.5 Crore Versus Rs 135.6 Crore (YoY)
-Grasim Industries says arm UltraTech Cement commissioned 3.30 mtpa Karnataka clinkerisation plant in July
OBC Q1:
-Net Profit at Rs 353.4 Crore Versus Rs 391.4 Crore (YoY)
-NII at Rs 1,307 Crore Versus Rs 1,125.8 Crore (YoY)
-Gross NPA at 3.36 percent Versus 3.21 percent (QoQ)
-Net NPA at 2.34 percent Versus 2.27 percent (QoQ)
-Provisions at Rs 532.7 Crore Versus Rs 758.8 Crore (QoQ)
-Capital Adequacy Ratio (Basel III) at 10.97 percent
-Provision Coverage Ratio at 63.88 percent as on June 30
-Net Interest Margin at 2.9 percent Versus 2.82 percent (QoQ)
OBC Says
-Have asked for Rs 1,600 crore capital infusion in FY14
-Q1 restructured assets at Rs 419 Crore
-Restructuring book now stands at around Rs 10,200 crore
-See FY14 credit growth at 13-14 percent
-Decided to hold base rate at 10.25 percent due to recent RBI moves
-Unlikely to review position on rate revision in next 20 days
-Expect to maintain NIM in range of 2.85-2.87 percent going forward
-Q1 slippages at Rs 760 Crore
Canara Bank Q1:
-Net Profit at Rs 792 Crore Versus Rs 775.2 Crore (YoY)
-NII at Rs 1,991.1 Crore Versus Rs 1,843.5 Crore (YoY)
-Other Income at Rs 1,238.3 Crore Versus Rs 692.6 Crore (YoY)
-Gross NPA at 2.91 percent Versus 2.57 percent (QoQ)
-Net NPA at 2.48 percent Versus 2.18 percent (QoQ)
-Provisions at Rs 916.2 Crore Versus Rs 752.3 Crore (QoQ)
-Capital Adequacy Ratio (Basel III) at 11.35 percent
Canara Bank Says
-Q1 Restructured Assets at Rs 1,673 Crore
-Exposure to Winsome at Rs 650 Crore; Slipped In Q1
-Lanco Infra in restructuring pipeline going forward
-Provision Coverage Ratio at 58 percent as on June 30
-Q1 Slippages at around Rs 2,800 Crore
Suzlon Energy Q1:
-Consolidated Net Loss at Rs 1,059 Crore Versus Loss of Rs 849 Crore (YoY)
-Consolidated Income from Ops at Rs 3,851 Crore Versus Rs 4,747 Crore (YoY)
-Consolidated Forex Loss at Rs 180 Crore Versus Loss of Rs 177.7 Crore (YoY)
-Consolidated Other Income at Rs 11 Crore Versus Rs 77 Crore (YoY)
-Exceptional Loss of Rs 136 Crore on back of ops restructuring
-Consolidated order book stands at Rs 41,947 crore
Godrej Consumer Q1:
-Consolidated Net Profit at Rs 132 Crore Versus Rs 130.5 Crore (YoY)
-Consolidated Total Income at Rs 1,725 Crore Versus Rs 1,392 Crore (YoY)
Punj Lloyd Q1:
-Consolidated Net Profit at Rs 40.4 Crore Versus Loss of Rs 13.4 Crore (YoY)
-Consolidated Net Sales at Rs 3,000 Crore Versus Rs 2,707 Crore (YoY)
PFC Q1:
-Net Profit at Rs 1,198 Crore Versus Rs 972 Crore (YoY)
-NII at Rs 1,751 Crore Versus Rs 1,394 Crore (YoY)
Redington India Q1:
-Consolidated Net Profit at Rs 61 Crore Versus Rs 105 Crore (QoQ)
-Consolidated Net Sales at Rs 6,020 Crore Versus Rs 6,808 Crore (QoQ)
PTC India Q1:
-Net Profit at Rs 29.6 Crore Versus Rs 25.2 Crore (YoY)
-Total Income at Rs 2,770.4 Crore Versus Rs 1,987.4 Crore (YoY)
-EBITDA at Rs 34 Crore Versus Rs 32 Crore (YoY)
-Operating Margin at 1.2 percent Versus 1.6 percent (YoY)
Lovable Lingerie Q1:
-Net Profit at Rs 13 Crore Versus Rs 7.5 Crore (YoY)
-Total Income from operations at Rs 55.7 Crore Versus Rs 52.7 Crore (YoY)
GTL Q1:
-Consolidated Net Loss at Rs 140 Crore Versus Loss of Rs 204 Crore (YoY)
-Consolidated Total Income from operations at Rs 652 Crore Versus Rs 616 Crore (YoY)
GSFC Q1:
-Net Profit at Rs 5.5 Crore Versus Rs 172.7 Crore (YoY)
-Net Sales at Rs 1,018 Crore Versus Rs 1,412 Crore (YoY)
FDC Q1:
-Net Profit at Rs 43 Crore Versus Rs 40.6 Crore (YoY)
-Total Income from operations at Rs 208.2 Crore Versus Rs 203.8 Crore (YoY)
Venus Remedies Q1:
-Net profit at Rs 15.3 Crore Versus Rs 14 Crore (YoY)
-Total Income from operations at Rs 127.2 Crore Versus Rs 112.6 Crore (YoY)
Uttam Galva Steels Q1:
-Net Profit at Rs 6.3 Crore Versus Rs 10.2 Crore (YoY)
-Net Sales at Rs 1,336.7 Crore Versus Rs 2,057.7 Crore (YoY)
-EBITDA at Rs 109 Crore Versus Rs 149 Crore (YoY)
-EBITDA Margin at 8.1 percent Versus 7.2 percent (YoY)
Divis Labs Q1:
-Net Profit at Rs 174.7 Crore Versus Rs 167.4 Crore (YoY)
-Total Income at Rs 517 Crore Versus Rs 469.5 Crore (YoY)
-EBITDA at Rs 197 Crore Versus Rs 192 Crore (YoY)
-Operating Margin at 38.1 percent Versus 40.8 percent (YoY)
JustDial Q1:
-Net Profit at Rs 28 Crore Versus Rs 21.4 Crore (QoQ)
-Total Income from Ops at Rs 104.5 Crore Versus Rs 98.3 Crore (QoQ)
KEC International Q1:
-Consolidated Net Loss at Rs 8.8 Crore Versus Profit of Rs 33.2 Crore (YoY)
-Consolidated Total Income at Rs 1,746 Crore Versus Rs 1,364 Crore (YoY)
Tube Investments Q1:
-Consolidated Net Profit at Rs 80.7 Crore Versus Rs 84.8 Crore (YoY)
-Consolidated Net Sales at Rs 1,999.6 Crore Versus Rs 1,730.5 Crore (YoY)
V-Mart Q1:
-Net Profit at Rs 7.1 Crore Versus Rs 5.2 Crore (YoY)
-Net Sales at Rs 118 Crore Versus Rs 89 Crore (YoY)
TV Today Q1:
-Net Profit at Rs 12 crore Versus loss of Rs 35 lakh (YoY)
-Net Sales at Rs 89 crore Versus Rs 70.6 crore (YoY)
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