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Stocks In The News: Indiabulls Housing, Lupin, LT Foods, MOIL, Laurus Labs, HCL Tech

Indiabulls Housing Finance | Lupin | Cox & Kings | LT Foods | MOIL | Gayatri Projects | Laurus Labs | HCL Technologies and HDIL are stocks, which are in news today.

Nov 15, 2017 / 08:09 AM IST

Here are stocks that are in news today:

Sun Pharma Q2
-Net profit down 59.2 percent at Rs 912.1 crore versus Rs 2,235.1 crore (YoY)
-Revenue down 19.5 percent at Rs 6,650.3 crore versus Rs 8,260.1 crore (YoY)
-EBITDA down 56.6 percent at Rs 1,375.6 crore versus Rs 3,167.6 crore (YoY)

-EBITDA margin at 20.7 percent versus 38.4 percent (YoY)

-Revenue up 4.5 percent at Rs 12,409.7 crore versus Rs 11,877.7 crore (YoY)
-Net profit up 41.6 percent at Rs 1,309.6 crore versus Rs 924.7 crore (YoY)
-EBITDA up 34.9 percent at Rs 2,069.6 crore versus Rs 1,534.7 crore (YoY)

-EBITDA margin at 16.7 percent versus 12.9 percent (YoY)

Fedders Electric and Engineering Q2FY18 YoY
-Revenue 7 percent at Rs 309 crore
-EBITDA down 31 percent
-Margins down 250 bps at 7.3 percent

-PAT down 82 percent at Rs 1.7 crore

Punjab & Sind Bank Q2
-Net profit at Rs 13.7 crore versus Rs 61.9 crore (YoY)
-NII up 14.9 percent at Rs 596 crore versus Rs 518 crore (YoY)
-Gross NPA at Rs 6,821.5 crore versus Rs 6,693.4 crore (QoQ)
-Net NPA at Rs 4,501.9 crore versus Rs 3,730.2 crore (QoQ)
-Gross NPA at 11.2 percent versus 11.3 percent (QoQ)

-Net NPA at 7.7 percent versus 7.9 percent (QoQ)

Jaiprakash Associates Q2
-Loss of Rs 186.5 crore versus loss of Rs 781.2 crore (YoY)

-Revenue at Rs 842.4 crore versus Rs 1,419.9 crore (YoY)

Dixon Technologies (India) Q2FY18 YoY
-Revenue up 19 percent at Rs 878 crore
-EBTIDA up 20 percent at Rs 34.2 crore
-Margins flat at 3.9 percent

-PAT up 34 percent at Rs 20.7 crore

Cox & Kings Q2FY18 YoY
-Revenue down 38 percent at Rs 1,592 crore
-EBTIDA up 85 percent at Rs 347 crore
-Margins at 21.8 percent versus 7.3 percent

-PAT up 140 percent at Rs 202 crore

Bhushan Steel Q2FY18 YoY
-Revenue up 44 percent at Rs 4,324 crore
-EBTIDA down 3 percent at Rs 571 crore
-Margins down 630 bps at 13.2 percent

-Loss at Rs 467 crore versus loss at Rs 980 crore

Power Mech Projects Q2FY18 YoY
-Revenue up 6 percent at Rs 345 crore
-EBITDA up 27 percent at Rs 45.4 crore
-Margins up 210 bps at 13.2 percent

-PAT up 22 percent at Rs 19.2 crore

Panacea Biotec Q2FY18 YoY
-Revenue up 45 percent at Rs 152 crore
-EBITDA at Rs 46.8 crore versus Rs 6.9 crore
-Margins at 30.8 percent versus 6.6 percent

-Loss at Rs 5.6 crore versus loss of Rs 47.9 crore

-Revenue up 46 percent at Rs 286.7 crore
-EBITDA at Rs 116 crore versus Rs 18.7 crore
-Margins at 40.6 percent versus 9.5 percent

-PAT at Rs 92.6 crore versus Rs 41.4 crore

-Revenue down 12 percent at Rs 1,299 crore
-EBITDA loss at Rs 483 crore versus loss of Rs 519 crore

-Loss at Rs 1,433 crore versus Rs 1,486 crore

LT Foods Q2FY18 YoY
-Revenue up 3 percent at Rs 853 crore
-EBITDA up 27 percent at Rs 99 crore
-Margins up 220 bps at 11.6 percent

-PAT up 37 percent at Rs 36.4 crore

Kwality Q2FY18 YoY
-Revenue up 8 percent at Rs 1,670 crore
-EBITDA up 12 percent at Rs 116.4 crore
-Margins up 20 bps at 7 percent
-PAT down 50 percent at Rs 21 crore

-PAT impaced by higher deprecation and finance cost

JBF Industries Q2FY18 YoY
-Revenue down 26 percent at Rs 764 crore

-Loss at Rs 14.7 crore versus profit of Rs 11.1 crore

Hindustan Tin Works Q2FY18 YoY
-Revenue up 4 percent at Rs 73.7 crore
-EBITDA up 11 percent at Rs 7.1 crore
-Margins up 60 bps at 9.6 percent

-PAT up 12 percent at Rs 1.9 crore

Gayatri Projects Q2FY18 YoY
-Revenue up 21 percent at Rs 423 crore
-EBITDA up 41 percent at Rs 74.4 crore
-Margins up 250 bps at 17.6 percent

-PAT up 104 percent at Rs 23.7 crore

Waterbase Q2FY18 YoY
-Revenue up 21 percent at Rs 96.6 crore
-EBITDA up 193 percent at Rs 15.5 crore
-Margins at 15.5 percent versus 6.4 percent

-PAT up 276 percent at Rs 9.4 crore

Solar Industries India Q2FY18 YoY
-Revenue up 30 percent at Rs 408 crore
-EBITDA up 34 percent at Rs 87.5 crore
-Margins up 60 bps at 21.4 percent

-PAT up 23 percent at Rs 48.2 crore

Shreyas Shipping & Logistics Q2FY18 YoY
-Revenue up 34 percent at Rs 123.5 crore
-EBITDA at Rs 26.8 crore versus Rs 7.4 crore
-Margins at 21.7 percent versus 8 percent

-PAT at Rs 19.7 crore versus Rs 2.4 crore

Shakti Pumps India Q2FY18 YoY
-Revenue down 14 percent at Rs 67.6 crore
-EBITDA down 10 percent at Rs 10.8 crore
-Margins up 80 bps at 16 percent

-PAT down 35 percent at Rs 3 crore

Seya Industries Q2FY18 YoY
-Revenue up 6 percent at Rs 82 crore
-EBITDA up 63 percent at Rs 26.9 crore
-Margins at 32.8 percent versus 21.3 percent

-PAT up 81 percent at Rs 15 crore

Uniply Industries Q2
-Net profit at Rs 6.1 crore versus Rs 2.6 crore (YoY)

-Revenue at Rs 91.2 crore versus Rs 48.3 crore (YoY)

Unitech Q2
-Loss at Rs 149.2 crore versus loss of Rs 54.4 crore (YoY)

-Revenue at Rs 240.7 crore versus Rs 487.9 crore (YoY)

Vivimed Labs Q2
-Net profit at Rs 22.1 crore versus Rs 26.9 crore (YoY)

-Revenue at Rs 282.5 crore versus Rs 298.4 crore (YoY)

NLC India Q2
-Net profit at Rs 326.9 crore versus Rs 300.4 crore (YoY)

-Revenue at Rs 1,992.8 crore versus Rs 2,053.8 crore (YoY)

-Net profit at Rs 477 crore versus Rs 416.3 crore (YoY)

-Revenue at Rs 12,416 crore versus Rs 13,990 crore (YoY)

Merck Q2
-Net profit at Rs 31.7 crore versus Rs 28.5 crore (YoY)

-Revenue at Rs 312.7 crore versus Rs 278 crore (YoY)

MEP Infra Q2
-Net profit at Rs 9.1 crore versus Rs 4.2 crore (YoY)

-Revenue at Rs 211.6 crore versus Rs 191.4 crore (YoY)

Dixon Technologies Q2
-Net profit at Rs 18.6 crore versus Rs 9.8 crore (YoY)

-Revenue at Rs 736.3 crore versus Rs 464.1 crore (YoY)

Majestic Auto Q2
-Net profit at Rs 2.4 crore versus loss of Rs 3.1 crore (YoY)

-Revenue at Rs 21.1 crore versus Rs 22.9 crore (YoY)

Kwality Q2
-Net profit at Rs 21 crore versus Rs 42.1 crore (YoY)

-Revenue at Rs 1,670.7 crore versus Rs 1,540.3 crore (YoY)

Kohinoor Foods Q2
-Net profit at Rs 1.7 crore versus Rs 4.1 crore (YoY)

-Revenue at Rs 195.6 crore versus Rs 278.2 crore (YoY)

J Kumar Infra Q2
-Net profit at Rs 23.4 crore versus Rs 23 crore (YoY)

-Revenue at Rs 317 crore versus Rs 309.7 crore (YoY)

Corporation Bank Q2
-Loss at Rs 1,035.2 crore versus profit of Rs 206.3 crore (YoY)
-NII down 1.3 percent at Rs 1,239 crore versus Rs 1,256 crore (YoY)
-Gross NPA at Rs 20,684.9 crore versus Rs 21,712.7 crore (QoQ)
-Net NPA at Rs 13,082.6 crore versus Rs 14,857.5 crore (QoQ)
-Gross NPA at 15.3 percent versus 15.5 percent (QoQ)

-Net NPA at 10.2 percent versus 11.1 percent (QoQ)

JBF Industries Q2
-Loss of Rs 21.2 crore versus profit of Rs 23.1 crore (YoY)

-Revenue at Rs 764.4 crore versus Rs 1,032.6 crore (YoY)

HPL Electric & Power Q2
-Net profit at Rs 6.2 crore versus Rs 5.3 crore (YoY)

-Revenue at Rs 224.2 crore versus Rs 256.9 crore (YoY)

GMR Infra Q2
-Consolidated net loss at Rs 388.4 crore versus loss of Rs 222.4 crore (YoY)
-Consolidated revenue down 13.8 percent at Rs 1,866 crore versus Rs 2,166 crore (YoY)
-Consolidated EBITDA down 43.9 percent at Rs 441 crore versus Rs 786 crore (YoY)

-Consolidated EBITDA margin at 23.6 percent versus 36.3 percent (YoY)

Honeywell Automation India Q2
-Net profit at Rs 73.7 crore versus Rs 55.4 crore (QoQ)

-Revenue at Rs 673.2 crore versus Rs 589.2 crore (QoQ)

Eros International Media Q2
-Net profit at Rs 57.5 crore versus Rs 62.5 crore (YoY)

-Revenue at Rs 268.3 crore versus Rs 478.8 crore (YoY)

Ceat Q2
-Revenue up 21.2 percent at Rs 1,523 crore versus Rs 1,257 crore (YoY)
-Net profit at Rs 73 crore versus Rs 106.5 crore (YoY)
-EBITDA at Rs 174.7 crore versus Rs 15.6 crore (YoY)

-EBITDA margin at 11.5 percent versus 1.24 percent (YoY)

Reliance Capital Q2
-Net profit at Rs 352 crore versus Rs 253 crore (YoY)

-Revenue at Rs 5,243 crore versus Rs 4,886 crore (YoY)

JK Tyre Q2
-Net profit at Rs 11.5 crore versus Rs 101.4 crore (YoY)

-Revenue at Rs 2,058.3 crore versus Rs 2,069.9 crore (YoY)

Claris Lifesciences Q2

-Net profit at Rs 30.9 crore versus loss of Rs 12.3 crore (YoY)

Infibeam Q2
-Net profit at Rs 21.5 crore versus Rs 19.7 crore (YoY)

-Revenue at Rs 201.6 crore versus Rs 184.6 crore (YoY)

Indo Count Q2
-Net profit at Rs 35.9 crore versus Rs 62.7 crore (YoY)

-Revenue at Rs 492.8 crore versus Rs 576.3 crore (YoY)

Voltamp Transformers Q2
-Net profit at Rs 15.3 crore versus Rs 26.7 crore (YoY)

-Revenue at Rs 128.9 crore versus Rs 174.4 crore (YoY)

NBCC Q2 (Standalone)
-Revenue down 10 percent at Rs 1,133 crore versus Rs 1,249 crore (YoY)
-Margin at 7.5 percent versus 5.7 percent (YoY)

-Net profit at Rs 74 crore versus Rs 67 crore (YoY)

Gitanjali Gems Q2
-Net profit at Rs 63.8 crore versus Rs 42.2 crore (YoY)

-Revenue at Rs 3,788.7 crore versus Rs 3,964.8 crore (YoY)

Bharat-22 ETF - Finance Ministry tweets:
-Government launched today the Bharat-22 ETF managed by ICICI Prudential Mutual Fund
-Targeting an initial amount of about Rs 8,000 crore

-New fund offer is open till November 17, 2017

Camlin Fine
-Enters into preferred supply agreement with Lockheed Martin

-To supply specialty chemicals to Lockheed Martin till 2025

US FDA on Lupin's Goa plant
-Company didn't thoroughly investigate any unexplained discrepancy or failure of a batch
-Firm frequently invalidated initial out of specification lab results
-Inspection revealed additional inappropriate uses of outlier testing
-Asks Lupin to provide CAPA plan that identifies potential manufacturing root causes
-Asks company to provide CAPA plan including process improvements where needed

-Asks Lupin for historical performance of all lab methods

Indiabulls Housing Finance sells 1/3rd of its stake in Oaknorth Bank
-Indiabulls Housing Finance sells 10 percent of in Oaknorth Bank to GIC for Rs 770 crore
-Indiabulls Housing Finance had invested Rs 663 crore on November 15 for a 40 percent stake in Oaknorth Bank
-Post This Sale, IHFL continues to be the single largest shareholder in the bank
Indiabulls Housing Finance on CNBC-TV18
-Sold stake to bring back capital & remain single largest shareholder of OakNorth
-Money will be invested back into the mortgage business in India
-Expect loan book to grow by Rs 25,000-30,000 crore in FY18
-Will continue to hold 20 percent stake in OakNorth Bank till IPO
-OakNorth Bank can go past USD 1 billion in terms of deposits in FY18
-Will ensure capital is consolidated to pursue mortgage opportunities

-Will not invest in any other segment other than mortgage, in India

L&T Infotech
-Signs definitive agreement to buy Syncordis SA

-Acquisition of Syncordis SA to be completed within 6-8 weeks

Other stocks and sectors that are in news today:
-Lenders ask NBCC to develop defaulters’ land: ET
-Laurus Labs gets establishment inspection report (EIR) from USFDA for AP plant
-HCL Technologies signed a 5-year IT infrastructure services contract with Jardine Lloyd Thompson Group-HDIL to divest 60 percent in Ravijyot Finance and Leasing
first published: Nov 15, 2017 08:09 am