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Stocks in news: Reliance Infra, SpiceJet, AP Paper, KFA

Ultratech | Reliance Infra | Tech Mahindra | SpiceJet | A P Paper | Jaybharat Textile | Kingfisher | Maruti and Coal India are stocks, which are in the news today.

October 14, 2011 / 09:03 IST

Here are stocks that are in news today:

Results today: Geojit BNP Paribas Financial Services, Balaji Telefilms, Heidelberg Cement, Infomedia 18, Gateway Distriparks, Reliance Industrial Infra, RS Software

Coal India Chairman says
-Diversion of E-auction quota will not have much impact
-This month's E-auction quota being offered to power companies
-Will offer 4 mt meant for E-auction in October to power companies
-Currently producing 1.1 mt everyday
-E-auction quota stays intact for the entire year
-Will have a meeting with trade union on October 17
-Will not allow labor strike to happen
-Lagging behind for FY12 coal production
-FY12 production stays at 452-454 mt
-Railway rakes not a constraint currently

RC Bhargava says
-This will not lead to any breakthrough
-Unlikely 44 workers will be taken back to work
-Several other workers will be chargesheeted & dismissed
-We will not concede to worker's demands

Punjab & Haryana HC on Maruti
-Directs striking Maruti workers to vacate premises
-No sit-in strike within 100 meter of Maruti Suzuki Manesar plant
-Employees keen on rejoining work be allowed to do so
-Workers who wish to protest should not be stopped
-Gurgaon police to fix dharna spot

Bosch employees end the tool down strike
-Karnataka govt prohibits the strike with immediate effect
-Work to resume from the first shift of tomorrow
CNBC-TV18 alert:
-Strike was on from September 28, 2011
-Bosch management firm that outsourcing will continue to remain competitive

HPCL says
-Suspended fuel supplies to Kingfisher Airlines in Delhi
-Fuel supply cut off to KFA flights flying out of Delhi T3
-6 KFA flights out of Delhi airport delayed
-Kingfisher has stopped check-ins
Sources say
-Kingfisher owes HPCL approximately Rs 100-130 crore
-KFA, HPCL working to resolve the issue

Saroj Datta steps down as board member & ED, Jet Airways-Saroj Datta worked as ED, Jet Airways for over 2 decades

Jaybharat Textiles and Real Estates Q2FY12 (cr - crore, vs - versus)
-Net sales up 31% at Rs 201 cr vs Rs 153 cr
-PAT down 43% at Rs 2.3 cr vs Rs 4 cr
-Total expenditure up 35% at Rs 180 cr vs Rs 133 cr
-EBITDA up 5% at Rs 21 cr vs Rs 20 cr
-EBITDA margin at 1.14% vs 2.41%

A P Paper Q2FY12
-Total Income up 11.5% at Rs 204 cr vs Rs 183 cr
-Net loss at Rs 92 cr vs net profit at Rs 12 cr
-Total expenditure up 26% at Rs 183 cr vs Rs 142 cr
-EBITDA down 49% at Rs 21 cr vs Rs 41 cr
-EBITDA margin at 10.3% vs 22.4%

KSL & Industries Q2FY12
-Net sales up 18% at Rs 390 cr vs Rs 332 cr
-PAT up 12% at Rs 4.7 cr vs Rs 4.2 cr
-Total expenditure up 14% at Rs 320 cr vs Rs 281 cr
-EBITDA up 37% at Rs 70 cr vs Rs 51 cr
-EBITDA margin at 17.95% vs 15.36%

Other stocks and sectors that are in news today:
-Listing Today: Tijaria Polypipes (Issue price Rs 60/sh)
-SpiceJet board allots 3.5 crore shares to Kalanithi Maran at Rs 36.48/sh (CMP: 21.05); promoters stake to go up from 38.6% to 43%
-PE firm Carlyle & Advent in race to pick up British Telecom

first published: Oct 14, 2011 08:38 am

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