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Last Updated : Apr 18, 2017 09:36 AM IST | Source: CNBC-TV18

Stocks in the news: TCS, Gruh Fin, Vakrangee, Seshasayee Paper, Capital First, NCC

TCS | Tata Steel | Gruh Finance | Suzlon Energy | Vakrangee | HPCL | National Fertilizers | Seshasayee Paper | NBCC | Capital First | NDTV | DCB Bank | NCC | Simplex Infra | Gayatri Projects and Lakshmi Vilas Bank are stocks, which are in the news today.

Here are stocks that are in news today:

Results today: TCS, VST Industries, Muthoot Capital Services, HOEC, Omax Autos, Shilpi Cable Tech

Aurobindo Pharma: Sources

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-Aurobindo Pharma's unit 3 currently undergoing US FDA inspection

-Aurobindo Pharma's unit 3 inspection triggered by a product approval

-US FDA likely to inspect Aurobindo's unit 4 from next week

Alert:

-Unit 4 is an injectable plant & accounts for 10 percent of company's US sales

-Aurobindo Pharma has no comments to offer

-Unit 3 is a formulation unit

-Unit 3 was inspected by the US FDA around a year ago

-Unit 3 accounts for nearly 10 percent of company's US sales

-Aurobindo Pharma gets US FDA nod for Rocuronium Bromide injectable (Rocuronium is a muscle relaxant used in modern anaesthesia pre-surgery)

Gruh Finance Q4

-Net profit up 25.8 percent at Rs 110.4 crore versus Rs 87.8 crore (YoY)

-NII up 22.1 percent at Rs 185.4 crore versus Rs 151.8 crore (YoY)

-Provisions at Rs 1.3 crore versus Rs 32.7 crore (QoQ); versus Rs 6.1 crore (YoY)

-Net NPA nil versus 0.09 percent (YoY)

Government official says

-Government floats RFP (request for proposals) for transaction advisors for stake sale in 7 PSUs

-No immediate stake sale on cards for REC, PFC, NLC, NTPC, NHPC, IOC

-Timing for stake sale in PSUs to be decided later

Other stocks and sectors that are in news today:

-Technology stocks in focus: US President Donald Trump to sign order tomorrow calling for reviewing the H1-B visa program

-Tata Steel board meeting on April 20 to consider proposal for fund raising

-Vakrangee to provide GST registration, filing of returns, payment and other services through Kendra outlets

-HPCL resumes operations at Rajasthan refinery, revised MOU signed with state government

-Suzlon Energy commissioned 2 renewable projects of 50.4 MW each for NALCO

-National Fertilizers receives letter of intent from space centre in Sriharikota to set up nitrogen tetroxide plant

-Tamil Nadu government restricts Seshasayee Paper from drawing water from Cauvery due drought

-Corporate debt restructuring lenders converted part of GTL Infra's outstanding debt into equity shares

-IndusInd Bank launches IndusForex.com portal for foreign exchange needs

-Indian Hotels allotted non-convertible debentures (NCD) worth Rs 200 crore on private placement basis

-Berger Paints subsidiary and NBCC sign memorandum of business exploration to bring external thermal insulation and composite systems solutions to India

-Orchid Pharma: CARE revises rating to D

-CMI Group says 2.5 lakh shares allotted to promoter group at a premium of Rs 290 (CMP Rs 179)

-APL Apollo launches Apollo coastguard corrosion proof galvanised steel pipes for coastal regions

-Warburg plans to sell 10 percent stake in Capital First through block deals: ET

-Dabur plans a call centre for Ayurveda: ET

-Daichi opposes Religare's move to sell 80 percent stake in health insurance venture: Mint

-NDTV plans strategic asset sale: VCCircle

-NCC, Simplex Infra, Gayatri Projects: 4 companies shortlisted for next round of Pune Metro Construction order

-Lakshmi Vilas Bank eyes doubling revenues in 3 years: FE

-DCB Bank gets shareholder nod for issue of shares via QIP

-TCS gets shareholder nod for share buyback

-Axis Bank keeps MCLR unchanged, 1-year at 8.25 percent from April 18

-Standard Chartered sells 1.01 crore (1.95 percent equity) shares of Fortis at average of Rs 190.73 per share

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First Published on Apr 18, 2017 08:23 am
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