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
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