Here are stocks that are in news today:
Tech Mahindra to CNBC-TV18: Have a process of weeding out bottom performers every year
Inox Leisure did not renewed license pact with Bruhat Bengaluru Mahanagara Palike
Discontinued commercial operations of MG Road, Bengaluru Multiplex Cinema Theatre
Hindalco
Novelis sells 50 percent stake in S korea arm for USD 351mn
Tata Motors
Global wholesales for April at 73,691 down 9 percent YoY
Global wholesales for Jaguar at 41,923 units
Kamdhenu
Outlook revised from Negative to Stable by CRISIL
Edelweiss
CRISIL assigns rating of ‘CRISIL A1+' for Short Term Debt Issue aggregating to Rs. 5,000 cr
Varun Beverages
Crisil upgrades rating to AA-/Stable, A1+ for various tenors
Tata Teleservices
Total subscriber base at 84.9 lakh
Panasonic Carbon Q4
Net Profit Down 18.2 percent At Rs 2.7 Cr Vs Rs 3.3 Cr (YoY)
Total Income Down 13.9 percent At Rs 9.9 Cr Vs Rs 11.5 Cr (YoY)
Dalmia Bharat Q4
Net Profit Up 94.2 percent At Rs 184.1 Cr Vs Rs 94.8 Cr (YoY)
Total Income Up 15.4 percent At Rs 2,433.2 Cr Vs Rs 2,109.2 Cr (YoY)
EBITDA Up 7.8 percent At Rs 551.7 Cr Vs Rs 511.7 Cr (YoY)
EBITDA Margin At 25.3 percent Vs 27.1 percent (YoY)
Hero Motocorp Q4:
Net Profit Down 13.9 percent At Rs 717.8 Cr Vs Rs 833.3 Cr (YoY)
Total Income Down 7.7 percent At Rs 7,488.1 Cr Vs Rs 8,111.2 Cr (YoY)
EBITDA Down 19.5 percent At Rs 957.6 Cr Vs Rs 1,189.1 Cr (YoY)
EBITDA Margin At 13.9 percent Vs 15.8 percent (YoY)
Net Realisations At Rs 42,643/Unit Vs Rs 43,602/Unit (YoY)
2-wheeler Sales Down 5.8 percent At 16.21 Lakh Units Vs 17.21 Lakh Units (YoY)
Hero MotoCorp Says:
To Invest Capex Of Rs 2,500 Cr Up To FY19
To Launch Half A Dozen Products In FY18
Retail Sales Have Been Outpacing Wholesale Numbers
Raised Price On Some Orders By Rs 500-2,200 From May 1
Liquidating BS-III Stock In March-end Resulted In 1-time Impact To Margin
Expect To Consolidate Leadership In FY18 Without Compromising On Margin
Expect To Consolidate Leadership In FY18 Without Compromising On Revenue
Revenue Impact Due To Discount On BS-III Sales Is Rs 193.28 Cr
Poly Medicure Q4
Net Profit Down 7.6 percent At Rs 13.3 Cr Vs Rs 14.4 Cr (YoY)
Total Income Up 10.7 percent At Rs 119.9 Cr Vs Rs 108.3 Cr (YoY)
EBITDA Down 23.7 percent At Rs 20 Cr Vs Rs 26.2 Cr (YoY)
EBITDA Margin At 16.7 percent Vs 24.2 percent (YoY)
Elantas Beck Q4
Net Profit Up 11.1 percent At Rs 15 Cr Vs Rs 13.5 Cr (YoY)
Total Income Up 9.7 percent At Rs 99.9 Cr Vs Rs 91.1 Cr (YoY)
EBITDA Up 5.4 percent At Rs 21.3 Cr Vs Rs 20.2 Cr (YoY)
EBITDA Margin At 21.3 percent Vs 22.2 percent (YoY)
Vardhman Textiles Q4
Cons Net Profit Down 3.2 percent At Rs 158.6 Cr Vs Rs 163.9 Cr (YoY)
Cons Total Income Up 8.9 percent At Rs 1,608.5 Cr Vs Rs 1,477 Cr (YoY)
Cons EBITDA Down 12.6 percent At Rs 275.6 Cr Vs Rs 315.3 Cr (YoY)
Cons EBITDA Margin At 17.1 percent Vs 21.4 percent (YoY)
Endurance Tech Q4
Cons Net Profit Up 3.3 percent At Rs 83.5 Cr Vs Rs 80.8 Cr (YoY)
Cons Total Income Up 4.1 percent At Rs 1,465.9 Cr Vs Rs 1,408.7 Cr (YoY)
Cons EBITDA Up 1.6 percent At Rs 175.1 Cr Vs Rs 172.4 Cr (YoY)
Cons EBITDA Margin At 12.8 percent Vs 13.1 percent (YoY)
Cons Other Income Up 52.3 percent At Rs 26.5 Cr Vs Rs 17.4 Cr (YoY)
KEI Ind Q4
Cons Net Profit Up 57.3 percent At Rs 98.3 Cr Vs Rs 62.5 Cr (YoY)
Cons Total Income Up 12.5 percent At Rs 2,836.6 Cr Vs Rs 2,520.4 Cr (YoY)
Cons EBITDA Up 12.9 percent At Rs 274 Cr Vs Rs 242.6 Cr (YoY)
Cons EBITDA Margin At 10.4 percent Vs 10.5 percent (YoY)
Caplin Point Q4
Cons Net Profit At Rs 33.4 Cr Vs Rs 15.6 Cr (YoY)
Cons Revenue Up 44.2 percent At Rs 118.1 Cr Vs Rs 81.9 Cr (YoY)
Cons EBITDA At Rs 43.4 Cr Vs Rs 20.5 Cr (YoY)
Cons EBITDA Margin At 36.8 percent Vs 25 percent (YoY)
SML Isuzu Q4
Net Profit Down 46.7 percent At Rs 8.9 Cr Vs Rs 16.7 Cr (YoY)
Total Income Up 16.2 percent At Rs 371.1 Cr Vs Rs 319.3 Cr (YoY)
EBITDA Down 31.1 percent At Rs 19.5 Cr Vs Rs 28.3 Cr (YoY)
EBITDA Margin At 5.3 percent Vs 8.9 percent (YoY)
Sical Logistics Q4
Cons Net Profit Up 75.3 percent At Rs 16.3 Cr Vs Rs 9.3 Cr (YoY)
Cons Total Income Up 17 percent At Rs 262.3 Cr Vs Rs 224.1 Cr (YoY)
JK Agri Genetics Q4
Net Profit At Rs 3.8 Cr Vs Rs 0.4 Cr (YoY)
Total Income Up 44.2 percent At Rs 47.6 Cr Vs Rs 33 Cr (YoY)
MIC Electronics Q4
Cons Net Loss At Rs 7.4 Cr Vs Loss Of Rs 12.8 Cr (YoY)
Cons Total Income Up 6.3 percent At Rs 66.1 Cr Vs Rs 62.2 Cr (YoY)
Hikal Q4
Net Profit Up 23.4 percent At Rs 27.4 Cr Vs Rs 22.2 Cr (YoY)
Total Income Up 6.8 percent At Rs 309.6 Cr Vs Rs 289.8 Cr (YoY)
EBITDA Down 4.4 percent At Rs 57 Cr Vs Rs 59.6 Cr (YoY)
EBITDA Margin At 18.4 percent Vs 20.6 percent (YoY)
Siemens Q2
Standalone Net Profit At Rs 186.2 Cr Vs CNBC-TV18 Poll Of Rs 213 Cr
Standalone EBITDA At Rs 278.5 Cr Vs CNBC-TV18 Poll Of Rs 318 Cr
Standalone EBITDA Margin At 9.5 percent Vs CNBC-TV18 Poll Of 11.3 percent
Standalone Net Profit Down 1 percent At Rs 186.2 Cr Vs Rs 188.1 Cr (YoY)
Standalone Total Income Up 5.2 percent At Rs 3,051.2 Cr Vs Rs 2,900.7 Cr (YoY)
Standalone EBITDA Down 13.4 percent At Rs 278.5 Cr Vs Rs 321.7 Cr (YoY)
Standalone EBITDA Margin At 9.5 percent Vs 11.6 percent (YoY)
Order Inflow Up 95.5 percent At Rs 4,725 Cr Vs Rs 2,417 Cr (YoY)
Other stocks and sectors in the news Quess Corp board meeting on May 16 to consider fund raising Vakrangee announces alliance with first flight couriers limited through its wholly owned subsidiary
Natco launches genric blood cancer drug
HDFC
IFC to invest USD 200mn in co.
Century Textile, JK Paper
JK Paper looks to buy century’s paper business at valuation of 5000cr.
Claris Lifesciences
Claris Lifesciences might exit pharma biz altogether, enter FMCG space
Indigo plans hub and spoke model for ATR fleet
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