Moneycontrol PRO
HomeNewsBusinessStocksStocks in news: GVK, Bharti, Gammon Infra, Triveni Engg

Stocks in news: GVK, Bharti, Gammon Infra, Triveni Engg

GVK | Bank of Baroda | GTL | GTL Infrastructure | Ranbaxy | MTNL | Piramal Healthcare | Bharti Airtel | Gammon Infra | Triveni Engineering | Managlore Chemical and Geodesic are stocks, which are in the news today.

May 10, 2012 / 11:18 IST

Here are stocks that are in news today:

Results today - NTPC, Cipla, Canara Bank, Apollo Tyres, Lupin, Cadila Health, Escorts, Jain Irrigation, Jubilant Foodwork, Sintex, Dewan Housing Finance, Navneet Publications, Prism Cement, Kale Consultants, HEG, Nelco, Asian Hotels West, AGC Network, Impex Ferro, Kewal Kiran, Spanco, Usha Martin

RIL raises USD 2 billion loans from 9 banks
RIL says
-Loan to be used to finance goods, services from German suppliers

Ranbaxy says
-Plan to set up greenfield facility in Nigeria
-Total forex derivatives exposure at USD 1.5 billion as on March 31

Oil Ministry seeks Rs 4,000 crore for FY12 petrol under recovery
-Oil Ministry sends missive to Finance Ministry earlier yesterday

Gujarat HC says
-Alstom, Bharat Forge doesn't require any environ clearance
-Companies can't construct till Mundra SEZ gets environment clearance
-Adani group says Guj HC order has no impact on Mundra port operations, developments 
 
Jet Airways says
-Dues reflected by AAI require correction
-Payment not fully recorded by AAI
-AAI reflects Rs 70 crore outstanding that will be paid expeditiously

Other stocks and sectors that are in news today:
-IOB gets 9% in GTL Infrastructure via convertible debentures conversion
-ICICI Bank returns 2.85 crore shares (29.3% of paid-up cap) to GTL promoters due to invocation of the NDU / pledge
-GVK to sell stake in airport firm to PE companies to raise Rs 3,500 crore - DNA Money
-LIC increases it stake in BOB to 12.1%, acquires 2.19 crore shares (5.32%) through open market and preferential allotment
-MTNL to offer VRS to about 20,000 employees; seeks BWA refunds
-Piramal Healthcare in talks to buy Future’s 74% stake in Future- Generali Life JV – ET (Ajay Piramal denies it)
-Aditya Birla Group bids for Australian listed iron-ore fiem Northen Iron, company expecting valuation close to USD 500 million - ET
-Bharti Airtel may buy 26% stake in Qualcomm venture, to get leg up in broadband wireless access (BWA)- BS
-ICICI Bank, IOB hike foreign currency deposit rates by 175 bps - FE

Gammon Infra Q4FY12 YoY
-Consolidated net loss at Rs 15.5 crore (cr) Vs profit of Rs 8.5 cr
-Consolidated income from operations at Rs 115 cr Vs Rs 76 cr

GVK Q4FY12 YoY
-Consolidated net loss at Rs 21 cr Vs profit of Rs 35 cr
-Consolidated net sales at Rs 658 cr Vs Rs 453 cr

Triveni Engg Q4FY12 YoY
-Net loss of Rs 28 cr Vs profit of Rs 29.6 cr
-Income from operations at Rs 507 cr Vs Rs 458 cr

Mangalore Chemical Q4 FY12 YoY
-Net profit at Rs 21 cr vs Rs 9.5 cr
-Net sales at Rs 1,015 cr vs Rs 382 cr

Geodesic Q4FY12 YoY
-Income from operations at Rs 171 cr vs Rs 184 cr
-PAT at Rs 30 cr vs Rs 67 cr
-Other expenses at Rs 46 cr
Geodesic Q4FY12 QoQ
-Income from operations at Rs 171 cr vs Rs 178 cr
-PAT at Rs 30 cr vs Rs 40.5 cr

Century Ply Q4
-Consolidated net profit at Rs 61 cr
-Consolidated net sales at Rs 415 cr
 
Vardhman Textiles Q4
-Profit at Rs 57 cr
-Net sales at Rs 939 cr

first published: May 10, 2012 08:20 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