Check out: Top 10 stocks in news today

Vedanta (earlier known as Sesa Sterlite) has reported a sharp 72.5 percent decline in adjusted profit at Rs 491.4 crore ore ore ore ore for the quarter ended March 2015 compared to profit of Rs 1,788.65 crore ore ore ore ore in the year-ago period. Profit was largely impacted by weak performance of Cairn India due to fall in crore ore ore ore ude oil prices. Before adjustment, the company (which holds significant stake in Hindustan Zinc and Cairn India ) posted a loss of Rs 19,228.12 crore ore ore ore ore during January-March quarter against profit of Rs 1,621.55 crore ore ore ore ore in the same quarter last year. The big exceptional loss of Rs 19,955 crore ore ore ore ore was largely on account of steep fall in crore ore ore ore ude oil prices, said the company in its filing.

Hexaware quarter on quarter in CY 15. USD Revenue down by 0.3 percent at USD 114.9 million versuss USD 114.5 million. EBIT Margins down by 16.2 percent versus 18.3 percent. Profit After Tax rises by 8.3 percent at Rs 83.3 crore ore ore ore ore versuss Rs 87.3 crore ore ore ore ore.

Alstom India reported weak quarter 4 Standalone on in year on year. Total Income rises by 14.1 percent at Rs 808 crore ore ore ore ore versuss Rs941 crore ore ore ore ore. EBITDA rises 42.7 percent at Rs 79.8 crore ore ore ore ore versus Rs 139 crore ore ore ore ore. Operating Profit Margins rises 490 bps at 9.9 percent versus 14.8 percent.Profit After Tax high by 60.8 percent at Rs 71.9 crore ore ore ore ore versus Rs 183 crore ore ore ore ore.

Agam sees a strong quarter 4 in FY15 year on year. Robust topline growth, curtailed costs boost profitability. Revenue down by 26 percent at Rs 66.8 crore ore ore ore versus Rs 52.9 crore ore ore ore .EBITDA up 3.7 percent at Rs 8.4 crore ore ore ore versus Rs2.3 crore ore ore ore . EBITDA Margins at 12.8 percent versus 4.3 percent . Net Profit of Rs 4.7 crore ore ore ore versus Net Loss of Rs 54 lakh.

Axis Bank  guidance is positive. Restructuring pipeline of around Rs 500 crore ore ore . Absolute level of stressed assets in Fy16 should be lower than Fy15 Axis Bank. Seperately,Bank also approved raising the FII limit to 74 percent versus 62 percent . earlier Board approved taking the Sponsored ADR Route or American Depository Reciepts. Approved conversion of 5 equity shares into one Depository Reciept.  

Barclays says Axis Bank remains overweight. New TP of Rs 634 In line Q4 results Problem asset crore ore ore eation though higher quarter on quarter was well within guidance range. Following offers reassurance. Uptick in rating profile of corporate book. And mgmt guidance tht stressed asset formation in Fy16 will be lower than Fy15.

VRL Logistics listing is today. Company raised Rs 468 crore ore ore. Street expects a `80-90 or 35-45 percent premium at listing. Implies a valuation of 21.1x PE FY17e. TCI trades at 20x FY16e & 15.2x FY17e. Gati trades at 36x FY16e & 26.5x FY17e. Revenue growth at 20.44 percent CAGR over FY11-FY14. Company owned fleet: 3,456 vehicles. Long-term contracts with vendors for fleet spare parts and fuel. Quicker cash conversion cycle versus peers If volumes don't grow, margins will drop as co has high fixed costs.

Man Industries sees a strong quarter in FY15 on Year on Year. Pick up in projects push revenues higher. Total Income down by 79.8 percent at Rs 655 crore ore versus Rs 364.2 crore ore . Net Profit at Rs 44.8 crore ore versus Rs 2.7 crore ore . EBIDTA down by 434 percent at Rs 72.3 crore ore versus Rs 13.5 crore ore . EBIDTA Margin at 11 percent versus 3.7 percent.

PNB Gilts reported good quarter 4 in FY 15 on year on year. Total Income down by 22.1 percent at Rs 95.04 crore versus Rs 77.83 crore . Profit down by 69.5 percent at Rs 14.83 crore versus Rs 8.75 crore . Total Income rises by 23 percent at Rs 95.04 crore versus Rs 122.7 crore .profit rises by 60 percent at Rs 14.83 crore versus Rs 36.70 crore.