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HomeNewsBusinessStocksStocks in news: JSW Steel, Tata Tele, Samtel, BHEL

Stocks in news: JSW Steel, Tata Tele, Samtel, BHEL

JSW Steel | Hindustan Motor | GVK Power | Tata Tele | BHEL | L&T | Carborundum Universal and Bombay Dyeing | Ester Industries | Indian Hotels | Uflex | Samtel and Emco are stocks, which are in the news today.

August 05, 2011 / 09:09 IST

Here are stocks that are in news today:

Results today: Ranbaxy, Cipla, MOIL, Aban offshore, Wyeth, BOSCH, HOEC, Jain Irrigation, Redington India, Welspun India, Great Eastern Shipping, Fertilizers & Chemicals Travancore, Cinemax India, Timken, Escorts, Sundaram Fasteners, Indo Tech Transformers, Indowind Energy, Infomedia 18

Telecom Commission meet: Exclusive
-Crucial meet of Telecom Commission on August 10
-Telecom Commission to mull spectrum management & licensing framework
-Telecom Commission to mull VSNL land matter on August 10
-Proposal to demerge or hive off surplus VSNL land

Jeh Wadia says
-Core of Bombay Dyeing group will now be real estate business
-Plan to monetise land bank in Island city
-Bombay Realty campaign to be launched in August
-Realty plans to be in luxury, mixed use segment
-Textile business to diversify into high margin retail business
-Will open more exclusive retail stores

Pawan Goenka says
-Welcome market-based diesel pricing or dual diesel pricing
-Overall consumption of diesel by passenger cars only 10%
-Dual pricing should not be imposed on commercial vehicles
-Excise hike on diesel cars to have limited impact on M&M

JBF Industries Q1FY12 consolidated (cr - crore, vs - versus)
-Net sales up 13% at Rs 1591 cr vs Rs 1413 cr
-PAT down 5% at Rs 52 cr vs Rs 55 cr
-EBITDA Margin at 10% vs 11%

Onmobile Q1FY12 Consolidated
-Net sales up 10% at Rs 136 cr vs Rs 124 cr
-PAT down 28% at Rs 13 cr vs Rs 18 cr
-EBITDA Margin at 20% vs 23%

Emco Q1FY12 Provisional
-Net sales up 58% at Rs 188 cr vs Rs 119 cr
-Net profit at Rs 2 cr vs net loss at Rs 26 cr

Samtel Q1FY12
-Net sales down 45% at Rs 157 cr vs Rs 283 cr
-Net loss at Rs 38 cr vs net loss at Rs 5.5 cr

Uflex Q1FY12 consolidated
-Net sales up 64% at Rs 1125 cr vs Rs 685 cr
-PAT up 57% at Rs 96 cr vs Rs 61 cr

Indian Hotels Q1FY12
-Net sales up 12% at Rs 370 cr vs Rs 329 cr
-PAT at Rs 20 cr vs Rs 3 cr
-EBITDA margin at 19% vs 16%

Other stocks and sectors that are in news today:
-F&O additions w.e.f today: Coal India, Delta Corp, Dhanlaxmi Bank, Gujarat Fluorochemicals
-F&O ban: Deccan Chronicle, Gitanjali Gems
-Carborundum Universal: Board meet today on stock split from Rs 2/sh to Re 1/sh
-Chinese banks offers yuan loans to finance more than USD 50 billion of power equipment for Indian companies at lower interest rates posing a threat to BHEL & L&T (ET)
-Steel prices may surge on the back of Karnataka mining ban with spot prices of iron ore rising by USD 1-2 daily since the ban (ET)
-Tata Tele & Uninor may not get 2G in Delhi soon despite the TRAI order as communication minister may give the nod only after reviewing methodology & priority order (ET)
-Syndicate Bank may delay seizure of GTL shares pledged by the company

first published: Aug 5, 2011 08:20 am

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