Moneycontrol
Get App
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

Close
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)

Cipla
-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

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Jul 17, 2017 08:23 am
Sections
Follow us on
Available On