HomeNewsBusinessStocksStocks in news: DCB, Kalindee, HDFC Bank, Bharti, Ranbaxy

Stocks in news: DCB, Kalindee, HDFC Bank, Bharti, Ranbaxy

Development Credit Bank | Sabero Organics | HDIL | Texmaco Rail | Kalindee Rail | Winsome Diamonds | Ranbaxy Labs and HDFC Bank are stocks, which are in the news today.

July 17, 2013 / 09:50 IST
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Here are stocks that are in news today:

Results Today - HDFC Bank, Heritage Foods, Hinduja Foundaries, HOV Services, Liberty Phosphates, Zensar Technologies FDI cap review
-13 out of 20 sectors cleared for foreign direct investment (FDI) with caveats
-100 percent FDI cap in telecom sector cleared (Bharti Airtel, Idea Cellular in focus)
-Insurance FDI cap to be hiked to 49 percent through auto route – but this will need cabinet nod
-Did not consider media FDI related caps
-No change in civil aviation
-Defence production FDI hike also cleared with caveats (M&M, L&T in focus)
-Defence Production FDI: 26 percent via foreign investment promotion board (FIPB) and 49 percent via Cabinet Committee on Security (CCS) nod
-Petroleum & Natural gas to be through automatic route at 49 percent
-Commodity exchanges FDI to be through auto route at 49 percent
-Power exchanges FDI at 49 percent now through automatic route
-FDI cap for power exchanges retained; brought under automatic route
-Stock exchanges FDI cap at 49 percent now through automatic route
-Tea sector FDI cap at 100 percent; up to 49 percent under automatic route
-Single brand up to 49 percent under automatic route; beyond 49 percent through FIPB
-Will also give clarity on multi-brand retail very soon
-More clarity on single-brand retail norms will follow Jupiter Metals conditional open offer for Kalindee Rail at Rs 65/share
-Opens on September 3, closes on September 17 (last date to revise open offer price is August 29)
-Speculation is that Jupiter may revise the price upwards Oil Ministry sources say:
-Fertiliser ministry disapproves equal status to power sector
-Finance ministry agreed to upgrade priority status of power space
-Gas diversion to result in importing 4-5 mt of fertiliser
-Fertiliser Ministry can also make up for KG-D6 gas shortfall with RLNG
-Higher fertiliser imports may hike subsidy burden by Rs 5,400 crore
-Diversion of gas to help power sector by Rs 11,300 crore
-Up to power & fertiliser ministry to decide on utilising KG-D6 gas
-Empowered group of ministers (EGoM) to find solution for gas starved power plants
-1 proposal to divert 9 mmscmd Gas from power to fertiliser sector
Alert: EGoM on KG-D6 gas utilisation to meet today Government:
-Oil companies' July 16-31 subsidised fuel sale loss at Rs 362 crore/day
-PSU retailers July 16-31 loss on diesel sale at Rs 9.45/litre Bajaj Auto says:
-Around 710 workers reported yesterday
-Approximately 91 percent of requirement of Pulsar, Avenger and KTM achieved
-To produce 1,700 at Chakan and 1,050 Pulsars at Waluj plant Karur Vysya Bank:
-To cut base rate by 25 bps to 10.50 percent with effect from tomorrow
-To cut BPLR by 25 bps to 15.50 percent with effect from tomorrow Other stocks and sectors that are in news today:
-FDA scanner for 2 more Ranbaxy Labs plants – ET (Violations reported in Tonasa and Mohali Plant)
-Lenders to ok Winsome Diamonds and Jewellery's Rs 4000 crore CDR package – FE
-Texmaco Rail eyes strategic alliance with Kalindee Rail – ET
-MAIL seeks Rs 276 crore damages from HDIL – ET (hearing today)
-Posco shelves plan to build Rs 32,000 crore steel plant in Karnataka
-IOC roadshow in Asia, Europe to raise USD 500 million via bonds
-Ex-Dividend: Ultratech Cement – Rs 9/share
-Pantaloons Fashion & Retail to list today Development Credit Bank (DCB) Q1
-Net profit at Rs 43 Crore versus Rs 19 Crore (YoY)
-NII at Rs 83 Crore versus Rs 64 Crore (YoY)
-Gross NPA at 3.41 percent versus 3.18 percent (QoQ)
-Net NPA at 0.84 percent versus 0.75 percent (QoQ)
-NIM at 3.44 percent versus 3.18 percent (YoY) Sabero Organics Q1
-Net profit at Rs 9.6 crore versus loss of Rs 1.8 crore (YoY)
-Net sales at Rs 174.1 crore versus Rs 121.2 crore (YoY)
first published: Jul 17, 2013 08:28 am

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