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Last Updated : Jul 17, 2017 08:59 AM IST | Source: CNBC-TV18

Stocks in the news: ICICI Bank, Wipro, Cadila Health, Karnataka Bank, IGL, GMR, Alkem

ICICI Bank | Wipro | Mahindra and Mahindra | Cadila Healthcare | Gruh Finance | Cipla | Ujaas Energy | Karnataka Bank | Indraprastha Gas | GTL Infra | Inox Wind | GMR Infra | Shreyas Shipping | Alembic | Alkem Labs | Capital First | WPIL and Lypsa Gems are stocks, which are in the news today.

Here are stocks that are in news today:

Results today: ACC, Jubilant Foodworks, Prakash Industries, Hindustan Media Ventures, Linde India, Indian Metals

Ujaas Energy Q1
-Net profit at Rs 10.8 crore versus Rs 13.8 crore (YoY)
-Total income down 3 percent at Rs 162 crore versus Rs 167 crore (YoY)
-EBITDA down 29.4 percent at Rs 20.4 crore versus Rs 28.9 crore (YoY)

-EBITDA margin at 12.59 percent versus 17.3 percent

Gruh Finance Q1
-Net profit at Rs 72.2 crore versus Rs 60.18 crore (YoY)

-Total income at Rs 398.12 crore versus Rs 346.34 crore (YoY)

Karnataka Bank Q1
-Net profit at Rs 133.85 crore versus Rs 121.54 crore (YoY)
-Net NPA at Rs 1229.84 crore versus Rs 911.23 crore (yoy) & Rs 974.73 crore (QoQ)
-Gross NPA at Rs 1690.87 crore versus Rs 1,389.4 crore (YoY) & Rs 1581.6 crore (QoQ)
-Net NPA at 3.2 percent versus 2.64 percent (QoQ)
-Gross NPA at 4.34 percent versus 4.21 percent (QoQ)

-NII at Rs 424.42 crore versus Rs 364.69 crore (YoY)

-Seeks shareholders’ nod for issuance of debt securities upto Rs 2,000 crore

-Seeks shareholders’ nod for issuance of securities convertible into shares upto Rs 2,000 crore

Triveni Engineering says
-Contesting legal case before NGT on alleged pollution by its distillery unit

-NGT said company's Muzzafarnagar distillery should not operate pending submission of action plan

Kalpataru Power Transmission
-Seeks members’ nod for appointment of Mofatlal Munot as executive chairman
-Seeks shareholders’ nod for issue, allotment of non-convertible debentures (NCDs) worth upto Rs 100 crore

-Government names Mukesh Kumar Jain as CEO & MD of Oriental Bank Of Commerce

Guenter Butschek to Tata Motors employees
-We are in a crisis situation where it is about survival of the fittest
-Passenger vehicle (PV) business showed an upswing with early green shoots
-Still need to fill gaps in the PV product portfolio
-Performance of commercial vehicle (CV) business really worrisome
-Have lost market share in all segments in the CV business
-Internal issues, in particular, behind loss in market share in CV business
-Market is one of the reasons for the decline in CV business
-Failed to read the market properly in the CV business
-Board has decided to change the speed & focus of the transformation journey
-Need to turnaround with four major priorities
-Regaining market share and driving volumes in the domestic CV market
-Zero tolerance on product launch delay

-Addressing all supply constraints to meet prevalent demand

GTL Infra
-Global, local company’s queue up to buy GTL Infra (IDFC, Golman, KKR, Carlyle)

-Telecom tower company plans to complete sale by March next year

Other stocks and sectors that are in news today:
-Mylan Pharma gets US FDA nod for Prasugrel hydrochloride tablets (a platelet activation and aggregation inhibitor)
-Wipro board meeting on July 20 to consider buyback
-Corporate insolvency resolution process (CIRP) has been initiated against Inox Wind
-Alkem Labs received no Form 483 observations from USFDA after inspection at bioequivalence facility located at Taloja
-ICICI Bank subsidiary company, ICICI Lombard General Insurance Company has filed a DRHP with the SEBI for a public offer of up to 86,247,187 equity shares
-Capital First raises Rs 475 crore by issue of NCDs on private placement basis
-Alembic inaugurates company's anti-cancer manufacturing facility at Panelav
-WPIL board approves the proposal for acquisition of an alloy and stainless steel castings foundry in Nagpur
-State Bank of India (SBI), the lead banker of the Adhunik Metaliks has initiated the 'corporate insolvency resolution process' against the company on July 11
-Lypsa Gems board approves the allotment of bonus shares in the ratio of 2:5
-Cadila Healthcare's Zydus receives tentative approval from the USFDA for Fingolimod capsule
-Indraprastha Gas receives permission from Director of Industries & Commerce, Haryana to lay gas distribution network in Gurugram
-Shreyas Shipping signs MOA for acquisition of one multipurpose vessel of about 1100 teus
-Akshar Chemicals QIP opened on July 14, base price set at Rs 816/share
-Patel Integrated Logistics approves cancellation of 2.7 lakh equity warrants allotted to non promoter
-Nocil board approves acquisition of 6.85 lakh of Mafatlal Industries (Rs 18 crore) shares held by Navin Fluorine
-Linc Pens commenced commercial production of new manufacturing facility at Umbergaon, Gujarat
-Abudabhi investment authority looks to buy up to 49 percent in GMR's Hyderabad airport: ET
-M&M to soon open its manufacturing unit in US, make off road utility vehicles: ET
-Intelligence agencies raise concerns over Rs 82,000 crore Essar Rosneft deal
-Mahindra group to pump USD 1 billion in US over next 5 years
-NBCC eyes 25 percent revenue growth in FY18-HPCL to invest Rs 61,000 crore by 2021 on expansion projects

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First Published on Jul 17, 2017 08:23 am
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