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Stocks in the news: Tata Motors, Hero, Aurobindo, Tech Mah, ONGC, Solar Ind, Shree Cements

Tata Motors | Bharti Airtel | Hero MotoCorp | Aurobindo Pharma | Tech Mahindra | ONGC | Vedanta | Solar Industries | Shree Cements | TVS Motor | Kolte-Patil | Subros | ENIL | Hikal | Eclerx | TCI Express | Camlin Fine | Music Broadcast | Mahindra Holidays | Hexaware | Apollo Tyres and Ujjivan Financial are stocks, which are in the news today.

November 02, 2017 / 11:14 IST

Here are stocks that are in news today:

Results today: Vedanta, Power Grid Corporation of India, Glenmark Pharmaceuticals, Ujjivan Financial Services, HEG, Orient Cement, D-Link (India), Sundram Fasteners, Deepak Fertilizers, JSW Holdings, Berger Paints, TCI Developers, Gujarat Pipavav Port, Jay Bharat Maruti, R Systems International, Accelya Kale Solutions, Royal Orchid Hotels, Aspinwall and Company, KSB Pumps, Excel Crop Care, Sanco Industries, Ramco Industries, Andhra Bank, Taj GVK Hotels, Ramco Cements, Dalmia Bharat Sugar, ICRA, Shanthi Gears, Cera Sanitaryware, GE T&D India, Natco Pharma, Akzo Nobel India, Bharat Road Network, Edelweiss Housing Finance, CCL Products, Himadri Speciality Chemical, Peninsula Land, Hindustan Construction Company, Transport Corporation of India, Hathway Cable & Datacom, Shriram City Union Finance, Dhunseri Petrochem

Hero Motocorp Q2
-PAT up 0.6 percent at Rs 1,010.5 crore versus Rs 1,004.2 crore (YoY)
-Revenue up 7.3 percent at Rs 8,362 crore versus Rs 7,796.2 crore (YoY)
-EBITDA up 6.3 percent at Rs 1,455.7 crore versus Rs 1,368.9 crore (YoY)
-EBITDA margin at 17.4 percent versus 17.6 percent (YoY)

Max India Q2
-Net profit at Rs 2.1 crore versus Rs 2 crore (YoY)
-Revenue at Rs 16.8 crore versus Rs 17.7 crore (YoY)

Apollo Tyres Q2
-Revenue up 13 percent at Rs 3,476.7 crore versus Rs 3,085 crore (YoY)
-EBITDA down 16.9 percent at Rs 364 crore versus Rs 438.7 crore (YoY)
-EBITDA margin at 10.48 percent versus 13.24 percent (YoY)
-Net profit at Rs 140.2 crore versus Rs 259.5 crore (YoY)

Hexaware Q3
-Rupee revenue up 1 percent at Rs 993.1 crore versus Rs 983.6 crore (QoQ)
-EBITDA up 8.4 percent at Rs 173.7 crore versus Rs 160.2 crore (QoQ)
-EBITDA margin at 17.49 percent versus 16.29 percent (QoQ)
-Net profit up 16 percent at Rs 142.3 crore versus Rs 122.4 crore (QoQ)
-Dollar revenue up 0.9 percent

Tech Mahindra Q2
-Net profit up 4.7 percent at Rs 836 crore versus Rs 798.6 crore (QoQ)
-Dollar revenue up 3.6 percent at USD 1,179.2 million versus USD 1,138.1 million (QoQ)
-Rupee revenue up 3.7 percent at Rs 7,606 crore versus Rs 7,336.1 crore (QoQ)
-EBIT up 22.2 percent at Rs 840 crore versus Rs 688 crore (QoQ)
-EBIT margin at 11 percent versus 9.4 percent (QoQ)
-Other income at Rs 322.2 crore versus Rs 410.7 crore (QoQ)
-Forex gain at Rs 227 crore versus Rs 272.6 crore (QoQ)
-Attrition rate (LTM) at 16 percent versus 17 percent (QoQ)
-IT utilisation at 81 percent versus 77 percent (QoQ)
-IT utilisation (excluding trainees) unchanged at 81 percent (QoQ)

Mahindra Holidays Q2FY18 YoY
-Revenue down 6 percent at Rs 243 crore
-EBITDA down 12 percent at Rs 54.1 crore
-Margins down 150 bps at 22.3 percent
-PAT down 3 percent at Rs 31.7 crore

Music Broadcast Q2FY18 YoY
-Post IPO blues, other expenses up 46 percent
-Revenue up 10 percent at Rs 75.8 crore
-EBITDA down 16 percent at Rs 24.1 crore
-Margins down 980 bps at 31.8 percent
-PAT down 11 percent at Rs 12.7 crore

Camlin Fine Q2FY18 YoY
-Revenue up 26 percent at Rs 144.2 crore
-EBITDA down 76 percent at Rs 4.5 crore
-Margins at 3.1 percent versus 16.2 percent
-Loss at Rs 3.3 crore versus PAT of Rs 0.76 crore

Apar Industries Q2FY18 YoY
-Revenue down 3 percent at Rs 1247 crore
-EBITDA down 12 percent at Rs 87.7 crore
-Margins down 70 bps at 7 percent
-PAT down 43 percent at Rs 26 crore

TCI Express Q2FY18 YoY
-Revenue up 10 percent at Rs 203 crore
-EBITDA up 14 percent at Rs 19.1 crore
-Margins up 40 bps at 9.4 percent
-PAT up 36 percent at Rs 13.5 crore

ABC Bearings Q2FY18 YoY
-Revenue up 9 percent at Rs 46.6 crore
-EBITDA up 3 percent at Rs 6.7 crore
-Margins down 80 bps at 14.4 percent
-PAT up 49 percent at Rs 2.09 crore

ENIL Q2FY18 YoY
-Revenue down 3 percent at Rs 125.7 crore
-EBITDA up 23 percent at Rs 28.3 crore
-Margins up 480 bps at 22.5 percent
-PAT down 25 percent at Rs 6 crore
-Higher tax expense leads to lower PAT

Hikal Q2FY18 YoY
-Revenue up 26 percent at Rs 292 crore
-EBITDA up 15 percent at Rs 53.4 crore
-Margins down 170bps at 18.3 percent
-PAT down 6 percent at Rs 15.3 crore

Eclerx Q2FY18 YoY
-Rise in expenses leads to margin contraction
-Revenue down 1 percent at Rs 330 crore
-EBITDA down 25 percent at Rs 96 crore
-Margins down 910 bps at 29.1 percent
-PAT down 9 percent at Rs 8.8 crore

Cognizant Q3
-Revenue at USD 3.77 billion versus USD 3.67 billion (QoQ)
-Net profit at USD 495 million versus USD 470 million (QoQ)

Subros Q2
-Net profit at Rs 15.1 crore versus Rs 4.9 crore (YoY)
-Revenue at Rs 497.2 crore versus Rs 432.9 crore (YoY)

TFCI Q2
-Net profit at Rs 19.2 crore versus Rs 16.4 crore (YoY)
-Revenue at Rs 53.9 crore versus Rs 50.3 crore (YoY)

Khadim India IPO opens
-Closes on November 6, 2017
-IPO size Rs 543 crore;
-Price band Rs 745 to Rs 750 per share
-Fresh issue of Rs 50 crore; OFS of Rs 493 crore

ONGC says
-Citibank, SBI Cap appointed as transaction advisor for HPCL deal
-DIPAM has appointed JM Financial as transaction advisor for ONGC-HPCL deal

Divi's Labs
-US FDA to lift import alert 66-40 for Vizag Unit-2
-US FDA moving to close out warning letter issued to company's Vizag unit

Aurobindo Pharma gets US FDA nod for Fexofenadine & Pseudoephedrine Hcl tablets
-Fexofenadine is used for treatment of allergy symptoms such as hay fever
-Pseudoephedrine is used as a nasal/sinus decongestant

October Auto Sales: Tata Motors
-Total JLR US sales down 4.4 percent at 8,368 units versus 8,751 units (YoY)
-Total Jaguar US sales down 10.2 percent at 2,891 units versus 3,219 units (YoY)
-Total Land Rover US sales down 1 percent at 5,477 units versus 5,532 units (YoY)

October Auto Sales: Bajaj Auto
-Total sales up 7 percent at 3.82 lakh units versus 3.56 lakh units (YoY)
-Exports up 15 percent at 1.35 lakh units versus 1.17 lakh units (YoY)
-Domestic sales up 4 percent at 2.47 lakh units versus 2.38 lakh units (YoY)

Other stocks and sectors that are in news today:
-GOCL received order from Coal India for supply of bulk explosives worth Rs 322 crore
-Solar Industries bags order worth Rs 1,143 crore from Coal India for supply of bulk explosives
-Shree Cements wins a coal linkage auction for Chhattisgarh captive plant
-Kolte-Patil in talks with PE investors to set up Rs 500 crore realty platform to fund its future prospects: Mint
-Bharti Airtel to transfer optical fibre business to Telesonic Networks for an overall consideration of not more than Rs 5,650 crore
-TVS Motor October sales up 2.9 percent at 3.17 lakh units versus 3.08 lakh units (YoY)
-ICICI Bank to consider domestic fund-raising via bonds on private placement basis on November 6

first published: Nov 2, 2017 08:32 am

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