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Stocks in news: Idea, HCL Tech, Axis Bank, TCS, NCC, SKS

Idea Cellular | HCL Tech | Axis Bank | Kotak Mahindra Bank | TCS | Supreme Petrochem | Hinduja Foundries | Liberty Phosphates | Jyoti Structures | Igarashi Motors | S Kumars Nationwide | NCC | SKS Microfinance and Heritage Foods are stocks, which are in the news today.

July 18, 2013 / 10:02 IST

Here are stocks that are in news today:

Results Today – TCS, Kotak Mahindra Bank, IDBI Bank, Axis Bank, Mindtree, DB Corp, Rallis India, Bajaj Finserv, Bajaj Finance, Sasken, Supreme Industries, V-Guard Industries, Essar Ports, GCCL Infra, Honeywell Automation, Info Edge, Infotech Enterprises, Ingersoll Rand, Magma Finance, Blue Star Info, VTM

Igarashi Motors
-Agile Electric, Blackstone to make open offer for company's shares
-Agile, Blackstone to make open offer for up to 79.54 lakh shares at Rs 65/share (CMP Rs 60)
-Promoter holding 62.8 percent, public holding 37.2 percent, outstanding shares 2.04 crore

Blackstone to buy majority stake in Agile Electric Works for about USD 100 million: Agencies

Supreme Court
-To hear coal block scam matter on September 10
-To take up legality of coal block grant on September 10
-To hear 2 aspects related to coal block scam on August 6
-2 aspects including CBI views on group of ministers (GoM) recommendations on CBI autonomy
-2 aspects including procedure to seek permission by CBI
Alert: CBI needs permission to question government officials

Jyoti Structures Q1:
-Net profit at Rs 22.2 Crore Versus Rs 31.4 Crore (YoY)
-Net sales at Rs 937.4 Crore Versus Rs 735.5 Crore (YoY)

Liberty Phosphates Q1 consolidated YoY
-Total income from operations at Rs 69 Crore versus Rs 116 Crore
-Net profit at Rs 1.4 Crore versus Rs 6.3 Crore

Hinduja Foundries Q1
-Net loss at Rs 32.8 Crore Versus Loss of Rs 93.8 Crore (YoY)
-Net sales at Rs 174 Crore Versus Rs 138.5 Crore (YoY)

Supreme Petrochem Q1
-Net profit at Rs 13 Crore versus Rs 4.6 Crore
-Net sales at Rs 755 Crore versus Rs 597 Crore

Asahi India (CMP Rs 40.5)
-Board approves right issue to shareholders
-Equity shares offered via right issue at 8.32 crore
-Issue price at Rs 30/share, premium Rs 29
-Right entitlement at 13 shares for every 25 shares held

Other stocks and sectors that are in news today:
-SC likely to hear Indraprastha Gas (IGL) and PNGRB case today 
-Arcelor Mittal scraps Odisha Steel project and Berkshire pulls out of India Insurance broking
-PE fund set to exit Idea Cellular, HCL Technologies – TOI
-HDIL Vs MIAL: Bombay HC adjourns matter till Tuesday
-Singapore based Sembcorp eyes majority stake in NCC power project worth Rs 1500 crore – ET
-Reliance Industries (RIL) to approach SC on KG D6 arbitration – ET
-SKS Microfinance original promoter close to Akula hikes stake in company and seeks board seat – ET
-Jupiter Metals changes Kalindee Rail open offer to now unconditional offer
-S Kumars' banks take to Sarfaesi for Rs 3000 crore loan overdue - FE
-Shriram City Union Finance (CMP Rs 945) allots 30.5 lakh shares on conversion of warrants to Shriram Capital
-Heritage Foods (CMP Rs 493) board approves issue of bonus shares in 1:1 ratio

Oil Minister Veerappa Moily says
-Empowered group of ministers (EGoM) on gas allocation to meet again on Monday
-To explore if extra gas can be given to power companies
-Fertiliser sector's requirement of gas will be protected
-Priority to agriculture sector will be maintained
-EGoM to decide on gas allocation to power sector

first published: Jul 18, 2013 08:35 am

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