Here are the stocks that are in news today:
Results Today: MIC Electronics and Reliance Industrial Infrastructure
Ex-Bonus: Minda Industries - 2:1
Fortis Healthcare to consider fund raising on July 13
TCS: Net profit up 6.3 percent at Rs 7,340 crore versus Rs 6,904 crore; revenue up 6.8 percent at Rs 34,261 crore versus Rs 32,075 crore (QoQ). Constant currency revenue growth at 4.1 percent and Dollar revenue up 1.6 percent at $5,051 million.
Axis Bank: Board recommends names of 3 candidates for the position of MD & CEO. The candidate, as approved by the RBI, will succeed Shikha Sharma whose term as MD & CEO is due to expire on December 31, 2018.
PNB Housing Finance: PNB & Carlyle Group to sell at least 51 percent stake in company to potential acquirers. PNB owns 32.79 percent & Carlyle Group 32.36 percent in the company.
Andhra Bank: Board approves raising of equity via preferential issue, QIP & FPO
NCLT nod for merger of Airtel, Bharti Digital Networks
IDBI Bank: LIC-IDBI Bank deal may trigger an open offer. LIC has not approached SEBI yet for an exemption on open offer. Preferential allotment of shares to LIC may also be possible, reports CNBC-TV18 quoting government official.
Shalimar Paints: Board approved the draft letter of offer of the company in respect of the proposed rights issue not exceeding an amount of Rs 240 crore and restablishment of Nashik Plant of the company and establishment of new Regional Distribution Centre (RDC) at Nashik Plant.
KEC International: Company wins new orders worth Rs 1,357 crore.
Saksoft: After the acquisition of 20 percent, Saksoft holds 80 percent of equity share capital of Dream Orbit Softech Private Limited.
KIC Metaliks: Board on July 27 to consider sub-division of equity share of the company of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each
MBL Infra allotted 6,33,00,000 equity shares to promoters & promoter group on preferential basis
Reliance Capital issues NCDs worth Rs 20 crore
Kridhan Infra: Associate company VNC wins order worth Rs 74.2 crore.
JVL Agro Industries: Pledge of shares of promoter director - Adarsh Jhunjhunwala
Advanced Enzymes completed additional investment of MYR1,00,000 via rights issue in Advanced Enzymes (Malaysia) Sdn. Bhd
ASM Technologies: Company has signed the LLP agreement and the related documents pertaining to investment in RV Forms & Gears.
Shalimar Paints approved reestablishment of Nashik plant and establishment of new regional distribution centre at Nashik plant
Gammon Infra arm terminate concession pact with APRDC
HFCL bags order worth Rs 583 crore from BBNL
Indiabulls Housing bought back NCDs of face value Rs 10 lakh
K. D. Tripathi ceases to be chairman and director of Petronet LNG