Moneycontrol PRO
HomeNewsBusinessStocksStocks in news: Tata Power, Jet, RIL, Godrej Cons, Aptech

Stocks in news: Tata Power, Jet, RIL, Godrej Cons, Aptech

Tata Power | Jet Airways | RIL | Godrej Consumer | Aptech | L&T | Maruti | Idea | United Spirits | Zee Entertainment | Ultratech Cement and Sobha Developers are stocks, which are in the news today.

January 23, 2012 / 09:33 IST

Here are stocks that are in news today:

Results Today - L&T, GAIL, Maruti, Idea Cellular, Sterlite Industries, Kotak Mahindra Bank, Colgate, Federal Bank, Geometric, Jyothy Labs, DB Corp, Shree Cements, Torrent Pharma, Coromandel International, Ashoka Buildcon, Onward Technologies, Cera Sanitaryware, Electrosteel Castings, KPIT Cummins, Lakshmi Machine Works, Pheonix Mills, RPG Life, Vardhaman Textiles

RIL Q3 (QoQ) (cr - crore, vs - versus)
-Net sales up 8.4% at Rs 85135 cr vs Rs 78569 cr
-PAT down 22% at Rs 4440 cr vs Rs 5703 cr
-Total expenditure up 12% at Rs 80420 cr vs Rs 71694 cr
-EBITDA down 26% at Rs 7285 cr vs Rs 9844 cr
-EBITDA margin at 8.6% vs 12.5%

RIL on share buyback
-RIL board okays share buyback of Rs 10,440 cr
-Board approves buyback at up to Rs 870/sh
-Buyback up to Rs 12 cr shares via open-market
-Buyback up to 3.6% of equity

Mukesh Ambani says
-Global nature of biz, weak economic condition hit Q3
-Delivered reasonably robust results despite challenges
-To invest prudently in future growth engines

Aptech stake sale hits a roadblock: Sources
-Board not convinced on bid price & bidder plans
-Offers rejected by Aptech board on grounds of low valuation
-Manipal Universal's offer below Rs 105/sh, Carlyle back bid around Rs 108/sh
-Rakesh Jhunjhunwala likely to re-look at stake sale
-Bidders yet to be communicated board's response

Godrej Consumer
-Acquired 60% stake in Chile

first published: Jan 23, 2012 08:09 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347