Here are stocks that are in news today:
Results Today: Bank of India, BoB, Rel Power, Eicher Motors, Nestle, Tata Coffee, TTML, Amara Raja, 3i Infotech, Amtek Auto, Aptech, Blue Star, ABC Bearings, Amtek India, HMVL, Mawana Sugars, Network 18, TV18 Broadcast, Praj Inds, Rain Commodities, RCF, Thomas Cook, Titagarh Wagon, Zydus Wellness, Sterling Tools
DLF Says
Issue Of 8.18 Cr Shares To Open & Closes tomorrow
Price Band For Share Issue Fixed At Rs 222-233/Sh
Floor Price For Share Issue Fixed At Rs 222/Sh
Elder PharmaRatnakar Bank sold 1.4 lakh shares on Saturday at Rs 320/sh
Promoter pledge at 80%
GVK operated AngkasaPura I signs Agreement with Dufry International and DFS
The deal to enable a 6 fold increase in overall commercial revenue of AngkasaPura I
From the Boardroom: Usha Martin Steel business contributes 57% to total revenue
Expect steel business to perform better going forward
Would like to maintain EBITDA margin at current level in FY14
Global eco environment remains challenging
Will focus more on expanding India business in FY14
Other stocks and sectors in the news
BSNL,
MTNL may be trifurcated, GoM to discuss proposal to slit co into 3 entities, move see as precursor to merger – BS
UK based PE fund 3i to exit as India fails to meet investor expectations
DLF sells 32 acers plot in Hyderabad for Rs 650 cr – ET
Power projects hit by fuel supply may get to revise tariffs – ET
IDBI set to lose battle for SCHIL – ToI (IFCI with 34% stake likely to oppose the merger)
Blackstone eyes LIC’s 14% stake in SCHIL – ET
PNB led consortium to verify Winsome overseas buyers – ET (PNB has Rs 1800 cr exposure to Winsome)
German Bank DVB eyes 29% stake in Global Offshore, in talks with PE firm India Star –ET
Oberoi Realty ties up with Ritz-Carlton for city hotel – ET
Banks okay Rajasthan SEB’s Rs 38000 cr debt recast – FE
Mangalam Ventures delisting floor price Rs 60/sh
Just Dial IPO price band Rs 470-543/sh, issue opens May 20, closes May 22
Bombay HC okays merger of Fame India, Fame Motion Pictures, Big Pictures, Head Strong Films with Inox Leisure
Ashoka Buildcon board approves bonus issue in ratio of 1:2
Dena Bank Q4:
Net Profit At Rs 125.7 Cr Vs Rs 254.8 Cr (YoY)
NII At Rs 562 Cr Vs Rs 598.4 Cr (YoY)
Gross NPA At 2.19% Vs 2.09% (QoQ)
Net NPA At 1.39% Vs 1.31% (QoQ)
Provisions At Rs 342 Cr Vs Rs 156.6 Cr (QoQ)
Capital Adequacy Ratio At 11.03% Vs 11.47% (QoQ)
Provision Coverage Ratio At 69.58% As On March 31
Tax Writeback Of Rs 66.9 Cr
Dena Bank Says
Eyeing 16% Credit Growth, 18% Deposit Growth In FY14
Target Net Interest Margin Of Around 3% In FY14
Apollo Tyres Q4FY13 Consolidated
Net Profit At Rs 141.7 Cr
Total Income At Rs 3,038 Cr
EBITDA At Rs 356 Cr
OPM At 11.7%
EBITDA at Rs 356 cr Vs Rs 361 (YoY)
OPM at 11.7% Vs 11.2% (YoY)
Punj Llyod Q4FY13 YoY
Consolidated
Total Income up 8.5% at Rs 3292 Cr vs Rs 3038 Cr
EBITDA up 2.5% at Rs 261 Cr vs Rs 255 Cr
Margins at 7.9% vs 8.4%
Net Profit up 67% at Rs 15 Cr vs Rs 9 Cr
Finance Cost up 5% at Rs 196 Cr vs Rs 187 Cr
JK Cement Q4
Net Profit At Rs 56.2 Cr Vs Rs 80.3 Cr (YoY)
Revenue At Rs 771.5 Cr Vs Rs 809.4 Cr (YoY)
EBITDA At Rs 132.3 Cr Vs Rs 199 Cr (YoY)
EBITDA Margin At 17.1% Vs 24.6% (YoY)
Unichem Lab Q4
Net Profit At Rs 31 Cr Vs Rs 23.2 Cr (YoY)
Net Sales At Rs 241.2 Cr Vs Rs 190.4 Cr (YoY)
IIFL Q4
Cons Net Profit At Rs 81 Cr Vs Rs 73 Cr (QoQ)
Cons Income From Ops At Rs 732 Cr Vs Rs 693.6 Cr (QoQ)
Shriram EPC Q4
Net loss at Rs 6.6 cr Vs profit of Rs 4.5 cr (YoY)
Net sales at Rs 311 cr Vs Rs 604 cr (YoY)
Ashoka Buildcon Q4
Cons net profit at Rs 47 cr (YoY)
Net sales at Rs 649 cr Vs Rs 467.3 cr (YoY)
Geodesic Q4
Cons net loss at Rs 6.5 cr Vs profit of Rs 9.8 cr (QoQ)
Cons net sales at Rs 148 cr Vs Rs 222 cr (QoQ)
