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Stocks in news: Rohit Ferro, DCHL, SKS, Adani Ports, L&T

Rohit Ferro | Deccan Chronicle Holdings | SKS Microfinance | 3i Infotech | Trent | Adani Ports | Lanco Infra | Punj Lloyd | Lakshmi Vilas Bank | L&T | Jain Irrigation | United Spirits | HCL Infosystems | S Mobility | Wockhardt and TCS are stocks, which are in the news today.

August 27, 2012 / 09:12 IST

Here are stocks that are in news today:

TCS CEO says
-Growth in Europe seen improving sequentially 
-No concerns over demand environment currently
-To beat NASSCOM FY13 growth aim if rupee fall doesn’t hit company

Maruti Suzuki Chairman RC Bhargava says
-Not shifting out of Haryana; such a notion is nonsense
-Starting production in 2015 in Gujarat subject to market conditions
-Identified land in Dharuhera, Patuadi for subsidized housing for workers
-Will approach banks to fund housing project
-EMI’s should be taken care of by HRA

Osamu Suzuki says
-Met Haryana Chief Minister to discuss Manesar matter
-Retail sales in August expected to be same as last year
-Have fallen short of target of 900 cars in last 5 days
-68% of 330 workers joined back work in last 5 days
-August sales expected to be around 74,000 units

Wockhardt case
-Company to pay USD 33 million to bondholders in final installment
-Dispute continues on payment of additional USD 2.2 million to bondholders
-Company to deposit USD 2.2 million in English Court
-Company paid USD 73 million in four previous installments
-Winding up petition against company stands disposed subject to payment

Met Dept says
-Good rain seen over northwest, central, east India in August 31 week
-Heavy rain likely over western Himalaya in week to August 31

HCL Infosystems Q4
-Consolidated net loss at Rs 2 crore versus profit of Rs 23 crore (QoQ)
-Consolidated net sales at Rs 2704.5 crore versus Rs 2588.3 crore (QoQ)

S Mobility Q1
-Consolidated net loss at Rs 5.2 crore versus loss of Rs 20 crore (QoQ)
-Consolidated net sales at Rs 511.3 crore versus Rs 553.3 crore (QoQ)

Stock Ex-Dividend
-Grasim Industries: Rs 22.5/share
-DB Corp: Rs 1.5/share

Other stocks and sectors that are in news today:
-Daigeo says in talks with United Spirits for stake buy: FE
-Jain Irrigation board meets today to approve issue of securities
-ONGC, Mitsui sign pact for gas, LNG businesses
-Orissa CM Naveen Patnaik writes to PM, says seek fertilizer price revision
-Reliance Power denies receiving financial gain from use of surplus Sasan coal: ET
-L&T to invest Rs 500 crore in realty development project with Omkar Realtors: FE
-Competition forces L&T to shut down its switchgear unit in China: PTI
-Zuari Cement to make a lump sum payment to L&T, over an arbitration claiming Rs 188.5 crore: ET
-Visa Power encashes bank guarantee worth Rs 250 crore given by L&T: DNA
-RBI says Lakshmi Vilas Bank’s practices are flawed: ET
-LIC buys shares worth USD 2 billion in Q1: PTI
-HPCL’s Rs 30,000 crore plant stuck on western ghat moratorium: BS
-Adani Port, Lanco Infra and Punj Lloyd have been banned by the home ministry from participating in two major port projects on security grounds: ET
-Welspun Corp raises Rs 200 crore via NCD issue
-Mahindra Holidays has purchased 100% shares of M/s Gables Promoters Pvt Ltd
-Trent issues 5.26 lakh shares to Tata Sons subsidiaries at Rs 980/share on preferential basis
-3i Infotech allots 30.8 lakh shares to Nomura as part of the FCCB conversion
-Castrol India fixed September 5 as record date for 1:1 bonus issue
-SKS Microfinance allots 44.5lakh shares at Rs 75.40/share on preferential basis to Kumaon Investment
-Promoters of Deccan Chronicle Holdings (DCHL) are learnt to have zeroed in on a strategic investor: DNA
-Rohit Ferro board approves issue of 3.35 crore shares at Rs 60/share to the promoter group and strategic investors on preferential basis
-Tata Steel, JSPL, GVK Power, NMDC amongst 12 firms asked by Government to furnish progress in allocated blocks: Indian Express
-Irrigation scam: Vidarbha Irrigation Development Corporation admits it increased costs of 37 irrigation projects by Rs 17,700 crore in 3 months: TOI
-SEBI to ask firms to update IPO disclosure filing every year: PTI

first published: Aug 27, 2012 08:02 am

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