Moneycontrol
Last Updated : May 29, 2020 09:01 AM IST | Source: Moneycontrol.com

In pics | Stocks in the news: RIL, NIIT Tech, Union Bank, HCL Tech, CEAT, YES Bank, Cadila Health

Yes Bank | KPIT Technologies | Aksh Optifibre | Cadila Healthcare | Automobile Corporation of Goa | Rain Industries | D-Link India | Pidilite Industries | Welspun Enterprises | HeidelbergCement India | LT Foods | NHPC | R M Drip & Sprink are also in focus today.

Here are some of the stocks in the news today. (Image: Moneycontrol)
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Here are some of the stocks in the news today. (Image: Moneycontrol)

earnings
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Results on May 29 | Voltas, Dilip Buildcon, Equitas Holdings, Jubilant Life Sciences, KEC International, Metropolis Healthcare, RCF, Symphony, 3M India, Andhra Paper, Citadel Realty, Everest Industries, Jagran Prakashan, Lemon Tree Hotels, Majesco, NCC, Procter & Gamble Healthcare, Ponni Sugars (Erode), Shree Rama Newsprint, Sagar Cements, Shipping Corporation of India, Shaily Engineering, Sundaram-Clayton, Sundaram Finance, Trigyn Technologies, V-Mart Retail.

NIIT Technologies | Company's Rs 337.46 crore buyback issue will open on May 29. (Image: Moneycontrol)
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NIIT Technologies | Company's Rs 337.46 crore buyback issue will open on May 29. (Image: Moneycontrol)

Reliance Industries | May 29 will be final trading day for RIL Rights Entitlement. (Disclaimer | Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.) (Image: PTI)
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Reliance Industries | May 29 will be final trading day for RIL Rights Entitlement. (Disclaimer | Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.) (Image: PTI)

Yes Bank | The bank will not be available for trading in Futures & Options segment from May 29. (Image: Reuters)
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Yes Bank | The bank will not be available for trading in Futures & Options segment from May 29. (Image: Reuters)

KPIT Technologies | CLS Investments LLC bought 19,99,998 shares at Rs 46.91 per share. (Image: kpit.com)
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KPIT Technologies | CLS Investments LLC bought 19,99,998 shares at Rs 46.91 per share. (Image: kpit.com)

Cadila Healthcare | Formulations manufacturing unit at Baddi received an Establishment Inspection Report (EIR) from USFDA. (Image: Wikipedia)
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Cadila Healthcare | Formulations manufacturing unit at Baddi received an Establishment Inspection Report (EIR) from USFDA. (Image: Wikipedia)

Aksh Optifibre | Board approved appointment of Sudhir Kumar Jain as Chief Financial Officer. (Image: akshoptifibre.com)
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Aksh Optifibre | Board approved appointment of Sudhir Kumar Jain as Chief Financial Officer. (Image: akshoptifibre.com)

Automobile Corporation of Goa Q4 | Loss at Rs 0.35 cr versus profit at Rs 3.65 cr, revenue at Rs 75.4 crore versus Rs 107.4 cr YoY. (Image: acglgoa.com)
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Automobile Corporation of Goa Q4 | Loss at Rs 0.35 cr versus profit at Rs 3.65 cr, revenue at Rs 75.4 crore versus Rs 107.4 cr YoY. (Image: acglgoa.com)

CEAT Q4 | Profit at Rs 51.88 cr versus Rs 64.25 cr, revenue at Rs 1,573.4 cr versus Rs 1,760.5 cr YoY. (Image: ceat.com)
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CEAT Q4 | Profit at Rs 51.88 cr versus Rs 64.25 cr, revenue at Rs 1,573.4 cr versus Rs 1,760.5 cr YoY. (Image: ceat.com)

Union Bank of India | Prafulla Kumar Samal nominated as Chief Financial Officer. (Image: Moneycontrol)
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Union Bank of India | Prafulla Kumar Samal nominated as Chief Financial Officer. (Image: Moneycontrol)

HCL Technologies | Company and Broadcom expanded their global preferred services partnership to include Symantec Enterprise Security Consulting. (Image: HCL)
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HCL Technologies | Company and Broadcom expanded their global preferred services partnership to include Symantec Enterprise Security Consulting. (Image: HCL)

Rain Industries Q1 | Profit at Rs 106.5 cr versus Rs 68.8 cr, revenue at Rs 2,897.65 cr versus Rs 3,196.53 cr YoY. (Image: rain-industries.com)
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Rain Industries Q1 | Profit at Rs 106.5 cr versus Rs 68.8 cr, revenue at Rs 2,897.65 cr versus Rs 3,196.53 cr YoY. (Image: rain-industries.com)

Pidilite Industries | Company completed acquisition of 70% equity shares of Tenax India Stone Products. (Image: Wikipedia)
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Pidilite Industries | Company completed acquisition of 70% equity shares of Tenax India Stone Products. (Image: Wikipedia)

Welspun Enterprises | Brickwork assigned AA- (Stable) for proposed issue of NCDs of Rs 200 crore and reaffirmed AA- (Stable) rating for NCDs of Rs 175 crore. (Image: Welspun Enterprises)
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Welspun Enterprises | Brickwork assigned AA- (Stable) for proposed issue of NCDs of Rs 200 crore and reaffirmed AA- (Stable) rating for NCDs of Rs 175 crore. (Image: Welspun Enterprises)

LT Foods Q4 | Profit at Rs 54 cr versus Rs 19.7 cr, revenue at Rs 1,198 cr versus Rs 1,009 cr YoY. (Image: ltgroup.in)
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LT Foods Q4 | Profit at Rs 54 cr versus Rs 19.7 cr, revenue at Rs 1,198 cr versus Rs 1,009 cr YoY. (Image: ltgroup.in)

NHPC | Board approved the proposal of diversification of business by development of solar power projects as intermediary procurer through solar power developers. (Image: nhpcindia.com)
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NHPC | Board approved the proposal of diversification of business by development of solar power projects as intermediary procurer through solar power developers. (Image: nhpcindia.com)

R M Drip & Sprink | Omkar Rajeev Gadre bought 34,000 shares at Rs 51.61 per share. (Image: rmdrip.com)
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R M Drip & Sprink | Omkar Rajeev Gadre bought 34,000 shares at Rs 51.61 per share. (Image: rmdrip.com)

D-Link India | Company received adjudication orders from ADG, DRI, partially setting aside the demand of duty pertaining to imports of goods and confirming determining the duty liability to Rs 5,453,755 excluding the interest. (Image: dlink.com)
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D-Link India | Company received adjudication orders from ADG, DRI, partially setting aside the demand of duty pertaining to imports of goods and confirming determining the duty liability to Rs 5,453,755 excluding the interest. (Image: dlink.com)

Vodafone
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Vodafone Idea: Google is said to be exploring taking a minority stake in British telecom group Vodafone’s struggling India business, reports said.

Lupin
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Lupin | Company gets US FDA nod for Azithromycin Tablets used to treat number of bacterial infections.

HeidelbergCement India | Company posted 8.85 percent rise in profit at Rs 66.29 crore for the fourth quarter ended March 2020 helped by cost optimisation efforts. It had a net profit of Rs 60.90 crore in January -March a year ago.
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HeidelbergCement India | Company posted 8.85 percent rise in profit at Rs 66.29 crore for the fourth quarter ended March 2020 helped by cost optimisation efforts. It had a net profit of Rs 60.90 crore in January -March a year ago.

NHPC
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NHPC | Company said its board has approved the proposal to foray into solar power business.

RBI Reserve Bank of India
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Bank of India, Karnataka Bank | The Reserve Bank of India (RBI) on May 28 imposed monetary penalties on three banks for various rule violations. The central bank imposed a penalty of Rs 1.2 crore on Karnataka Bank, Rs 5 crore on Bank of India (BoI) and Rs 30 lakh on Saraswat Co-operative Bank. All three banks have been fined for non-compliance with certain provisions related to Income recognition, asset classification and provisioning pertaining to NPA (non-performing accounts). Provisions are funds a bank need to set aside to cover risky loans. The RBI initiated penal action after inspection of the banks and issuing show cause notices, RBI said.

First Published on May 29, 2020 07:40 am
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