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Last Updated : May 17, 2018 08:53 AM IST | Source: Moneycontrol.com

Stocks in the news: Tata Steel, Voltas, JSW Steel, Divis Labs, Infosys, Crest Ventures, Simplex Infra

Tata Steel | JSW Steel | JK Lakshmi Cement | Manali Petrochemical | TCI | Divis Labs and IOL Chemicals are stocks that are in the news today.

 
 
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Here are stocks that are in the news today:

Results today: Voltas, Bajaj Finance, Bajaj Finserv, Balkrishna Industries, Central Bank of India, Escorts, Coffee Day, 21st Century Management, Advani Hotels, Alembic, Bliss GVS, Dolat Investment, Gujarat Pipavav, ICRA, Indian Toners, JK Tyre & Ind, JMG Corporation, JTL Infra, KEI Industries, Kirloskar Industries, Lux Industries, Man Infra, Max Ventures, McDowell Holdings, Mirc Electronic, Newgen Software, Orient Refractories, Paushak Ltd, Quess Corp, Shree Ajit Pulp, Siti Networks, Skipper, SPIC, Spice Mobility, SRF, Star Cement, Taj GVK Hotels, Take Solutions, Trigyn Tech, VLS Finance, WABCO India

Tata Steel Q4:
-Consolidated profit at Rs 14,688 crore versus loss Rs 1,168 crore; revenue at Rs 36,132.30 crore versus Rs 35,304.9 crore (YoY); exceptional gain at Rs 11,376 crore versus loss Rs 4,068.6 crore (YoY)
-Standalone profit at Rs 1,030.9 crore versus Rs 1,415 crore; revenue at Rs 16,281 crore versus Rs 17,113 crore; exceptional loss at Rs 1,607.4 crore versus loss Rs 442 crore (YoY)

-Tata Steel Europe EBIT at Rs 1,154.2 crore versus Rs 1,972.2 crore; revenue at Rs 16,208 crore versus Rs 15,243.5 crore (YoY)

Close

Ester Industries Q4: Net profit at Rs 5.6 crore versus loss of Rs 0.6 crore; revenue at Rs 220 crore versus Rs 215.1 crore (YoY).

JSW Steel Q4: Consolidated net profit at Rs 2,879 crore versus Rs 1,008 crore; revenue up 25 percent at Rs 20,817 crore versus Rs 16,656 crore (YoY).

Praj Industries Q4: Net profit up 30.4 percent at Rs 22.9 crore versus Rs 17.6 crore; revenue down 9.5 percent at Rs 226.7 crore versus Rs 250.4 crore (YoY)

Manali Petrochemical Q4: Net profit at Rs 26.6 crore versus Rs 6.8 crore; revenue up 26 percent at Rs 189.9 crore versus Rs 150.7 crore (YoY)

JK Lakshmi Cement Q4: Net profit up 62.5 percent at Rs 33.8 crore versus Rs 20.8 crore; revenue up 11.2 percent at Rs 897 crore versus Rs 806.7 crore (YoY)

Alembic Pharmaceuticals Q4: Profit up at Rs 93.99 crore versus Rs 92.96 crore; revenue up at Rs 853.3 crore versus Rs 741.35 crore (YoY).

VIP Clothing Q4: Loss at Rs 2.5 crore versus profit at Rs 1.09 crore; revenue at Rs 55.64 crore versus Rs 58.8 crore (YoY).

Brigade Enterprises Q4: Profit falls to Rs 15.46 crore versus Rs 82.35 crore; revenue down at Rs 433.5 crore versus Rs 553.7 crore (YoY)

Manaksia Q4: Profit jumps to Rs 24.5 crore versus Rs 17.4 crore; revenue at Rs 260.3 crore versus Rs 394.4 crore (YoY)

PTC India Q4: Profit at Rs 64.4 crore versus Rs 78.77 crore; revenue at Rs 3,924.85 crore versus Rs 3,159.2 crore (YoY)

Balkrishna Paper Mills Q4: Loss at Rs 12.3 crore versus loss Rs 5.7 crore; revenue at Rs 60 crore versus Rs 47.2 crore (YoY).

Galaxy Entertainment Q4: Loss at Rs 6.5 crore versus profit at Rs 0.27 crore; revenue at Rs 16.87 crore versus Rs 15.6 crore (YoY).

Birla Corporation Q4: Profit at Rs 131.1 crore versus Rs 100.9 crore; revenue at Rs 1,650.6 crore versus Rs 1,622.8 crore (YoY)

Geojit Financial Services Q4: Profit at Rs 19.3 crore versus Rs 15.3 crore; revenue at Rs 87.09 crore versus Rs 70.87 crore (YoY)

LKP Securities Q4: Profit at Rs 2.26 crore versus Rs 2.5 crore; revenue at Rs 22.7 crore versus Rs 16.2 crore (YoY)

Zee Media Corporation Q4: Consolidated profit at Rs 4.5 crore versus Rs 5.4 crore; revenue at Rs 179.8 crore versus Rs 135 crore (YoY).

Gujarat State Fertilizers & Chemicals Q4: Profit at Rs 156.4 crore versus 187 crore; revenue jumps to Rs 2,055.3 crore versus Rs 1,541.8 crore (YoY)

Dishman Carbogen Amcis Q4: Consolidated profit at Rs 51.14 crore versus Rs 42.8 crore; revenue at Rs 451.5 crore versus Rs 534.2 crore (YoY)

NESCO Q4: Profit at Rs 42.78 crore versus Rs 34.5 crore; revenue at Rs 75.5 crore versus Rs 78.7 crore (YoY)

IOL Chemicals Q4: Profit at Rs 11.5 crore versus Rs 2 crore; revenue at Rs 287.5 crore versus Rs 207.6 crore (YoY)

Indo Tech Transformers Q4: Profit at Rs 0.45 crore versus Rs 2.22 crore; revenue at Rs 69.6 crore versus Rs 63.35 crore (YoY)

GMM Pfaudler Q4: Profit at Rs 8.4 crore versus Rs 7.4 crore; revenue at Rs 87.9 crore versus 79.45 crore (YoY)

Welspun India Q4: Consolidated profit falls to Rs 89.86 crore versus Rs 154.5 crore; revenue at Rs 1,506.2 crore versus Rs 1,757.2 crore (YoY)

-Board approved revision in carpet project, undertaken by the company's subsidiary Welspun Flooring Limited, with estimated revised project cost of approximately Rs 1,100 crore and shifting of proposed facility from Gujarat to Telangana.

Transport Corporation of India (TCI) Q4: Profit at Rs 32.66 crore versus Rs 18.54 crore; revenue at Rs 605.3 crore versus Rs 481.6 crore (YoY)
Board
-Approved acquisition of 100 percent equity shares of SCM Logfocus India;
-Approved hiving off cold chain unit;
-Approved re-appointment of DP Agarwal and Vineet Agarwal as Vice Chairman & Managing Director and Managing Director respectively-

-Approved further issue of securities upto an amount of Rs 300 crore

Divi's Labs says: Unit-I at Choutuppal, Telangana had an inspection by US FDA from May 14-16, US FDA inspection was a general CGMP inspection and has been completed with no 483 observations

Simplex Infrastructures: Board to consider issue price for equity shares to be allotted to qualified institutional buyers in the issue on May 19

SKIL Infrastructure: Udai B Singh resigned from the post of Managing Director & Chief Executive Officer

Crest Ventures: Company to acquire 48 percent stake held by Prebon Holdings BV in Tullett Prebon (India) (TPIL), its subsidiary company at a total consideration of Rs 4.52 crore; equity holding of company will increase from 51.99 percent to 99.99 percent.

NIIT step-down subsidiary NIIT China (Shanghai) entered into agreement to sell 60% holding in its subsidiary company Wuxi NIIT Information Technology Consulting

Granules India receives USFDA approval for generic Methylergonovine tablets

Tasty Dairy Specialities: Company acquired two spray dryers and its equipment from Nutricia International Private Ltd, a company of Group Danone.

Hindustan Adhesives: Expansion of BOPP Packaging tapes manufacturing capacity by way of setting up new plant with an installed capacity of 216 million square meter per annum at Mundra, Gujarat has completed and the commercial production commenced.

Tasty Bite Eatables recommends preference dividend of Re 1 and dividend of Rs 2 per equity share

Muthoot Finance: To raise funds up to an amount of Rs 6,000 crore by way of public issue(s) of redeemable non-convertible debentures to be issued in one or more tranches

Network 18 Media has been allotted 1,74,57,002 equity shares of Rs 10 each of Greycells18 Media

Kotak Mahindra Bank board meeting on May 19 to consider raising funds

Yes Bank to raise USD 1 bn via share sale

Hindustan Adhesives starts commercial production at Gujarat plant

JSW Steel to invest Rs 17,600cr more to up capacity to 24.7 mt

Godrej Agrovet keen to acquire Ruchi Soya's Oil Palm business

Zensar unveils second Zenlabs at Hyderabad, India

Cipla board meeting on May 22 to consider proposal of raising of funds

Infosys sets up blockchain-based trade network in India with 7 banks

Sistema Shyam Teleservices sold 2,76,50,000 shares of Reliance Communications

Muthoot Finance to raise funds up to an amount of Rs 6,000 crore

Biocon sold 15,56,326 shares of Syngene International

Britannia launches first exports-only facility in Gujarat - BS

Essar Steel lenders to seek guidance from NCLAT on Mittal offer - BS

Binani Industries offers to pay all the debt of its cement unit - mint

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First Published on May 17, 2018 07:42 am
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