HomeNewsBusinessStocksStocks in news: OnMobile, Gulf Oil, Tata Motors, NALCO

Stocks in news: OnMobile, Gulf Oil, Tata Motors, NALCO

AstraZeneca Pharma | TD Power Systems | Hubtown | Ind-Swift | Hanung Toys | NMDC | Kingfisher | OnMobile | Mangalore Chemicals | Gulf Oil Corporation | Tata Motors | Dr Reddy's Labs | DB Corp | NALCO and M&M Financial are stocks, which are in the news today.

November 08, 2012 / 09:05 IST
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Here are stocks that are in news today:

Results Today: ONGC, Sun Pharma, Ranbaxy Lab, SAIL, PTC India, Reliance Communications, Ashok Leyland, Godrej Industries, NCC, Pfizer, Natco Pharma, Hathway Cables, Manappuram Finance, Alembic, Subex, Parsvanath Developers, United Breweries, Page Industries, Cummins India, SCI, MMTC, Monnet Ispat, Welspun India, Welspun Global, Alstom T&D, Lakshmi Vilas Bank, ENIL, Aditya Birla Nuvo, Dalmia Bharat Enterprise, Jindal Drilling, Simbhaoli Sugars, Goodyear India, Career Point, Ashok Buildcon, Gammon Infra, Sundaram Fast, Allcargo Logistics, Talbros, Helios & Matheson, Maharashtra Seamless, Prakash Industries, Finolex Industries, Gammon Infra, Ramky Infra, Unity Infra, Diamond Power, Transformers and Rectifiers, Scooters India, ISMT, Kenna Metal, Nitesh Estates, Zicom Electronics, Lumax Auto, Aanjaneya Lifecare, Gujarat Siddhi Cements, Assam Co, Clutch Auto M&M Financial QIP issue
-Book launched last night
-Company planning to raise USD 158-160 million
-Price band Rs 881-889/share
-Equity dilution 9.4 percent
-Purpose of QIP issue - To augment the long term resources by way of enhancing the Tier I capital base, leverage the available business opportunities and provide funding for loans to its customers and for general corporate purposes DB Corp offer for sale (OFS)
-Promoters offering 1.19 crore shares via OFS
-Book building to commence on November 9th
-Floor price to be set on November 8th
-Clean up trade by promoters to comply with minimum public shareholding Tata Motors Q2 YoY (cr - crore, vs - versus, cons - consolidated)
-Consolidated net profit at Rs.2,075 cr vs Rs.1,877 cr
-Cons revenue at Rs.43,403 cr vs Rs.36 197 cr
-Forex gain at Rs.15.3 Cr
-EBITDA at Rs.5,333.6 cr vs Rs.4,503 cr
-EBITDA margin at 12.3% vs 12.4%
-JLR revenue at £3,288 million
-JLR profit at £305 million vs £216 million Tata Motors appoints Cyrus Mistry deputy chairman of company
-Cyrus Mistry to be appointed to the board of JLR
Tata Motors says
-Launch of Sumo gold, Nano 2012 supported growth
-Sri Lankan, Bangladeshi market have shown decline in Q2
-China contributed 21% in global sales
-Cash in hand Rs.23000 cr as on September 30
-See heavy and commercial vehicles demand to be under pressure going forward
-Passenger cars outlook remains weak due to competition
-Will continue to build operating cash flow SBI Chairman
-Disappointed at Kingfisher Airlines' (KFA) fund raising plans
-Not seeing any urgency from KFA
-Not ruling out interest rate cut
-Bank convinced of Suzlon's repaying capability
-Would like to support KFA as a going concern
-Kingfisher airlines needs to infuse at least USD 1 billion
-May cut interest rate in 2-3 weeks
-KFA needs capitalisation of minimum USD 1 billion
-Have told KFA to bring capital by november 30, don't care how
-No progress on KFA's non core asset sale
-Lots of issues around KFA non core asset sale like pricing
-Incorrect to say liquidation will start if KFA fails to infuse capital by november 30
-Vijay Mallya’s Goa villa also mortgaged to banks Pantaloon Retail denies of L&T fin buying stake in Future Generali
L&T Finance Holdings
-Not into talks for pantaloon stake in Future Generali
-Not eligible to be sponsor of insurance business as per IRDA norm NALCO divestment decision deferred till Q3 results
Government says
-NALCO share auction not to take place on Friday
CNBC-TV18 Alert
-EGoM had met today to finalise Nalco divestment
-Nalco performance needs to strengthen before divestment
Divestment Secretary Mohammad Haleem Khan says
-Expect divestment of NALCO in January
-Hindustan copper likely to be the first in line for divestment
-Will look at divesting Hindustan copper, NMDC, Oil India this quarter
-Do not see any problem in meeting divestment target of FY13
-Hopeful of NTPC divestment by January
-Expect Rs 12000 crore via three companies' share sale by December Finance Ministry sources
-Divestments are not distress sales
-Have to take all factors into account before divesting stake Other stocks and sectors that are in news today:
-Hinduja's Gulf Oil Corporation acquires US-based Houghton international for USD 1 billion
-NMDC workers threaten to strike against govt’s move to disinvest another 10 percent stake: BL
-Tata Steel to approach Orissa government's against Rs 33000 crore penalty: FE
-New orders from private sector drying up, says BHEL: ET
-Dr Reddy's Labs gets USFDA nod for its generic palonosetron hydrochloride injection: DNA
-Cabinet to take up three 2G auction related issues on Thursday
-Change in Circuit Filter: Cinemax - 10 percent
-Corporate Action: Stock Split - Bombay Burmah - (Rs 10 to Rs 2) Ex-Dividend
-Gateway Distriparks - Rs 4/share
-Polaris - Rs 3/share NMDC Q2 YoY
-Net profit at Rs.1,679 cr vs 1,963 cr
-Net sales at Rs.2,612 cr vs Rs.3,062 cr Kingfisher Airlines Q2 YoY
-Net Loss At Rs 753.5 Cr Vs Loss of Rs 468.6 Cr
-Income from operations At Rs 200 Cr Vs Rs 1,553 Cr OnMobile Global Q2 YoY
-Cons net profit at Rs.6.22 cr vs 47.72 cr
-Cons net sales at Rs.179.80 cr vs Rs.155.22 cr Mangalore Chemicals Q2 YoY
-Net profit at Rs.56.4 cr vs Rs.31 cr
-Net sales at Rs.839 cr vs Rs.1,039 cr GSPL Q2 YoY
-Net profit at Rs.133 cr vs Rs.129 cr
-Net sales at Rs.273 cr vs Rs.281 cr Hanung Toys Q2 YoY
-Net profit at Rs.39 cr Vs Rs.23.3 cr
-Net sales at Rs.435 cr Vs Rs.302 cr Radico Khaitan Q2 YoY
-Net profit at Rs.22 cr Vs Rs.15 cr
-Net sales at Rs.288 cr Vs Rs.249.3 cr Ind-Swift Q2 YoY
-Net loss at Rs.27.3 cr Vs profit of Rs.11 cr
-Income from operations at Rs.163.6 cr Vs Rs.243.1 Cr Balmer Lawrie Q2 YoY
-Net profit at Rs.34.5 cr Vs Rs.29.1 cr
-Net sales at Rs.632.7 cr Vs Rs.527 cr Hubtown Q2 YoY
-Cons net profit at Rs.34 cr Vs Rs.2.7 cr
-Cons total income at Rs.90 cr Vs Rs.114 cr TD Power Systems Q2 YoY
-Cons net profit at Rs.7.6 cr Vs Rs.15 cr
-Net sales at Rs.162 cr Vs Rs.259.4 cr Emami Q2 YoY
-Cons net profit at Rs.59.2 cr vs Rs.50.6 cr
-Cons net sales at Rs.360.6 cr vs Rs.306 cr Bombay Dyeing Q2 YoY
-Net loss at Rs.28 cr vs loss of Rs.34 cr
-Net sales at Rs.494.2 cr vs Rs.491.6 cr McDowell Holdings Q2 YoY
-Net profit at Rs.1.6 cr vs Rs.1.1 cr
-Income from operations at Rs.2.7 cr vs Rs.1.5 cr AstraZeneca Pharma Q2 YoY
-Net loss at Rs.45 cr vs profit of Rs.21 cr
-Net sales at Rs.99.2 cr vs Rs.148 cr Cognizant Q3 QoQ
-Revenue up 5.4% at USD 1.89 billion
-GAAP net income up 10% at USD 276.9 million
-Non-GAAP operating margin at 20 percent
-Net headcount addition at 5,100
-Cognizant Q4 guidance revenue expected to be at least USD 1.94 billion
-Cognizant reaffirms FY12 guidance; revenue to go up at least 20% at USD 7.34 billion YoY Volvo to CNBC-TV18
-Plans to invest about Rs.3000 crore in operations standalone & through JV
-Volvo Has a JV with Eicher Motors
-Good to see competition in Indian commercial vehicle market
-Expect sales to go up in Indian commercial vehicle market
first published: Nov 8, 2012 07:59 am

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