HomeNewsBusinessStocksStocks in news: Thomas Cook, Gokaldas Exports, Akzo Nobel

Stocks in news: Thomas Cook, Gokaldas Exports, Akzo Nobel

Gokaldas Exports | Akzo Nobel | Zee Entertainment | Thomas Cook and Alok Industries |are stocks, which are in the news today.

May 22, 2012 / 09:27 IST
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Here are stocks that are in news today:

Results Today – Tata Power, PFC, Container Corporation, Wockhardt, Opto Circuits, Astral Poly, TTK Healthcare, KRBL, Godawari Finance Ministry sources says
-Rupee may remain under pressure for sometime
-Do not see strong swing back in Rupee in 2 weeks
-Expect Rupee to find its level at 53/USD in near-term
-Can consider separate window for OMC dollar purchases
-FM may review situation & options later this week
 
RBI says
-Forex F&O positions cannot be offset against OTC trades
-Forex F&O positions to be USD 100 million or 15% of open interest
-Banks Net overnight open positions to exclusive forex F&O ones RBI Deputy Governor, Subir Gokarn says
-All possible steps being considered
-Will continue to take steps to stabilise currency
-Capital flows not matching current account deficit
-Capital flows key determinant on how currency behaves
-Keeping track of liquidity deficit
-Likely to do one OMO this week as well
-Working with benchmark of liquidity deficit at 1% NDTL
-Using OMOs to ensure liquidity gap not widening
-Weekly OMO capacity limited by market conditions
-Rupee volatility affecting stakeholders in economy
-Forex intervention has been one element of RBI's approach Further discord between TCI & Coal Ministry: Sources
-Coal Ministry not keen on TCI request for meeting
-TCI wrote to coal min seeking meeting on May 29
-TCI wants clear stance of Coal Ministry on several issues
-TCI sought clarity on roadmap for increase in FSA price
-TCI raised issue of aligning coal prices to international levels Coal Ministry to TCI
-Can meet only for investment queries under international treaties
-Commercial matters can only be discussed with Coal India ONGC's FY12 subsidy burden seen at Rs 44,000-45,000 crore: Sources
-FY12 underecoveries to be shared by GOI, upstream companies
-OMCs unlikely to absorb under recovery on Diesel, LPG, and Kerosene
-OMC to absorb approx Rs 4900 crore loss incurred on Petrol OMC sources:
-3 companies to discuss likely hike in petrol prices in 48 hours
-Proposed upstream cos' share losses incurred on petrol
-Upstream cos saw forex, crude price gains in Q4, FY12
-USD 7/barrel differential in final calculation of subsidy
-Sought Rs 14.78/litre petrol excise duty to be offset
-Just Indian Oil may see Rs 90,000 crore borrowing in FY13
-Upstream burden at Rs 55,000 crore in FY12 on Diesel, LPG, Kerosene oil
-Upstream burden at 39.7% of total underecoveries in FY12
-OMCs seek Rs 5,000 crore for additional interest burden Other stocks and sectors that are in news today:
-Thomas Cook PLC to sell its 77% stake in India unit to Fairbrigade Capital for Rs 800 crore – ET/TOI
-Banks seek more promoter funds for debt restructuring – (this is from the bankers meeting yesterday)
-Akzo Nobel board approves buyback at Rs 920/sh (CMP Rs 863), it’s a fixed price buy back
-Alok Industries sells office space in Mumbai for Rs 425 crore – Mint
-Speciality Resturants fixes issue price of Rs 150/sh for IPO NALCO Q4FY12 YoY
-Net Profit at Rs 282 Cr (crore) vs (versus) Rs 305 Cr
-Net Sales at Rs 1,753 Cr vs Rs 1,787 Cr
-Other Income at Rs 159 Cr vs Rs 98 Cr
-To pay Rs 1/sh dividend Kalpataru Power Q4FY12 YoY
-Net Profit at Rs 57 Cr vs Rs 62 Cr
-Net Sales at Rs 1060 Cr vs Rs 872 Cr
-Total Expenditure at Rs 981 Cr vs Rs 796 Cr Zee Entertainment Q4FY12 QoQ Consolidated
-Net Profit at Rs 160 Cr vs Rs 136 Cr
-Total Income at Rs 869 Cr vs Rs 755 Cr
-To pay Rs 20/sh dividend Akzo Nobel Q4FY12 YoY
-Net Profit at Rs 78 Cr vs Rs 58 Cr
-Net Sales at Rs 934 Cr vs Rs 267 Cr
-To pay Rs 20/sh dividend 
 
Wyeth India Q4FY12 YoY
-Net Profit Rs 44 Cr vs Rs 47 Cr
-Net Sales Rs 152 Cr vs Rs 168 Cr
-To pay dividend of Rs 18/sh Gokaldas Exports Q4FY12 YoY 
-Net Loss at Rs 51 Cr vs Loss of Rs 26.5 Cr
-Net Sales at Rs 236 Cr vs Rs 278 Cr
first published: May 22, 2012 08:17 am

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