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Last Updated : Jan 18, 2018 08:57 AM IST | Source:

Stocks in the news: Bharti Airtel, DB Corp, Varun Beverages, Axis Bank, TCS, PNB Housing, Adani Power

Adani Ports | Bharti Airtel | DB Corp, IDBi Bank, Mindtree, are stocks which are in news today.

Here are stocks that are in news today:

Results Today:

UltraTech Cement, Yes Bank, Bharti Airtel, Hindustan Zinc, Adani Enterprises, Adani Ports and Special Economic Zone, Cyient, DB Corp, Deepak Nitrite, Jubilant Industries, Mastek, Zensar Technologies, Kewal Kiran Clothing, Kirloskar Industries, Chowgule Steamships, Dhruv Estates, Shervani Industrial Syndicate, Paramount Printpackaging



Sebi disposes of case against IDBI Bank. The Securities and Exchange Board of India (Sebi) had conducted an inspection into irregularity in the share-trading of SIL and into the possible violation of various provisions by IDBI Bank.

SREI Infra

SREI reported 56 percent jump in Q3 net profit at Rs 105 cr. The company had posted a profit of Rs 67.21 crore in October-December quarter of 2016-17.


Puravankara will invest Rs 600 crore on low-cost housing project. Puravankara has launched its first premium affordable housing project of the year 'Provident Park Square' with an investment of Rs 600 crore.

HCL Technologies

HCL Technologies has informed the Exchange regarding allotment of 43520 Equity Shares under ESOP

Jubilant Life Sciences

Jubilant Life Sciences said in a BSE filing that the company had posted a net profit of Rs 118.11 crore for the corresponding period of the previous fiscal

Gloster Q3FY18 YoY
-Revenue up 9 percent at Rs 118 crore versus Rs 108 crore
-EBITDA up 2 percent at Rs 21 crore versus Rs 20.6 crore
-OPM at 17.9 percent versus 19 percent
-PAT up 2 percent at Rs 14 crore versus Rs 13.7 crore
-Employee expenses up 15 percent at Rs 23 crore

-Other expenses up 10 percent at Rs 21 crore

Thirumalai Chemicals Q3FY18 YoY
-Revenue up 27 percent at Rs 345 crore versus Rs 270 crore
-EBITDA up 96 percent at Rs 79 crore versus Rs 39 crore
-OPM at 22.8 percent versus 14.4 percent
-PAT up 240 percent at Rs 51 crore versus Rs 15 crore

-PAT higher due to higher other income that rises 129 percent at Rs 1.9 crore

Mindtree Q3
-Consolidated net profit up 13.4 percent at Rs 141.5 crore versus Rs 124.7 crore (QoQ)
-Consolidated rupee revenue up 3.5 percent at Rs 1,377.7 crore versus Rs 1,331.6 crore (QoQ)
-Consolidated dollar revenue up 3.9 percent at USD 214.3 million versus USD 206.2 million (QoQ)
-Consolidated EBITDA up 34.6 percent at Rs 207.4 crore versus Rs 154.1 crore (QoQ)
-Consolidated EBITDA margin at 15.1 percent versus 11.6 percent (QoQ)

-Consolidated attrition rate at 12.6 percent versus 13 percent (QoQ) & 16.1 percent (YoY)

-Revenue up 14.4 percent at Rs 8,590 crore versus Rs 7,512 crore (YoY)
-EBITDA up 44.6 percent at Rs 1,680 crore versus Rs 1,162 crore (YoY)
-EBITDA margin at 19.6 percent versus 15.5 percent (YoY)
-Net profit up 27.7 percent at Rs 1,326 crore versus Rs 1,038 crore (YoY)

-Volume growth at 11 percent versus 4 percent (QoQ) & -4 percent (YoY)

Bharti Infratel Q3
-Revenue at Rs 3,655 crore versus Rs 3,648 crore (QoQ)
-EBITDA down 1 percent at Rs 1,613 crore versus Rs 1,634 crore (QoQ)
-Margins at 44.1 percent versus 44.7 percent (QoQ)

-PAT down 8 percent at Rs 585 crore versus Rs 638 crore (QoQ)

DCB Bank Q3
-Net profit up 11 percent at Rs 57 crore versus Rs 51.3 crore (YoY)
-NII up 19.6 percent Rs 250.5 crore versus Rs 209.5 crore (YoY)
-Gross NPA at Rs 354.5 crore versus Rs 315.8 crore (QoQ)
-Net NPA at Rs 161.5 crore versus Rs 157 crore (QoQ)
-Gross NPA at 1.89 percent versus 1.8 percent (QoQ)

-Net NPA at 0.87 percent versus 0.9 percent (QoQ)

FDI in banking sector: Sources
-Government mulls allowing 100 percent FDI in banking sector
-Finance Ministry, DIPP, IBA in talks to hike FDI cap in banking from current 74 percent to 100 percent
-Government considering hiking FDI limit in PSU banks to 49 percent from current 20 percent
-Finance Ministry, DIPP, IBA currently assessing impact of 100 percent FDI in banking
-Finance Ministry may approach PMO for formal nod to hike FDI cap in banking to 100 percent

-Move likely to help banks improve services, reach & help meet minimum capital requirements

Other stocks and sectors in the news today:
-Axis Bank increases MCLRs by 5bps across all tenors; current 1-year MCLR stands at 8.30 percent
-Yes Bank commits USD 5 billion for Solar projects in India
-TCS expands partnership with Shure Inc to establish global development center
-Lenders may drag Videocon arms to bankruptcy court: ET
-PNB Housing gets RBI nod for USD 500 million masala bonds: Media Report
-Piramal Enterprises explores re-entry into Indian formulations business as Abott non-compete expires this year: ET
-Varun Beverages to acquire franchisee rights for Pepsico India in the state of Bihar: Media Report
-Adani Power gets 49 percent stake in 600 MW Korba West Power: Media Report

-Dilip Buildcon bags order worth Rs 730.1 crore from NHAI in Madhya Pradesh

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First Published on Jan 18, 2018 07:52 am
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