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Last Updated : Aug 27, 2016 02:42 PM IST | Source: CNBC-TV18

Stocks to watch: IOC, GMR, Claris, Alankit, Cairn, Ricoh, JBF

Tata Motors | Coal India | Cairn India | ONGC | IOC | DLF | GMR Infrastructure | Ricoh India | JSW Steel | Neuland Laboratories | Claris Life | Electrosteel Castings | Pratibha Industries | JBF Industries and Alankit are stocks, which will be in the news on Monday.

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Todays L/H

Here are stocks that will be in news on Monday:

Results on Monday:DLF,IOC, Ashoka Buildcon, eClerx Services,GMDC,MOIL, Prakash Industries, RCF, Rohit Ferro, Tulip Star

Tata Motors (in press conference after Q1 earnings) says
-Tiago has boosted standalone revenue
-EBITDA margin growth up on the back of medium & heavy commercial vehicle (M&HCV) sales
-Light commercial vehicle (LCV) segment growth stands at 11.6 percent
-Business car segment grew 15 percent
-High wholesale & volume growth offset by forex fluctuation
-CV industry continues to be on growth trajectory
-Variable marketing expenses remain high
-Growth mainly triggered by strong volumes of Tiago
-Retail sales were up across regions
-China retail up 19 percent on year, Europe up 16 percent
-Jaguar Land Rover (JLR) free cash-flow was negative this quarter
-JLR continues to have a strong balance-sheet
-Share of profit in China JV was 45 million pound
-Expect M&HCV to remain on growth trajectory this year
-Expect to see positive growth in bus & LCV segments this year
-Have a pipeline of good defence orders
-Will focus on new products in passenger vehicle segment
-Expect investment spend to be 3.75 billion pound
-New products seen fueling JLR growth
-Hope to see signs of strength in the European market
-Slovakia plant will be state-of-the-art & optimised
-Going to break ground at Slovakia plant in next few days
-Volumes in China moving in the right direction
-Many non-operational items impacted JLR margin
-JLR now has the foundation to introduce volume driven products

Electrosteel Castings Q1
-Net profit up 93.5 percent at Rs 10 crore versus Rs 5.2 crore (YoY)
-Total income down 12.1 percent at Rs 420.9 crore versus Rs 479 crore (YoY)
-EBITDA up 52.5 percent at Rs 70.6 crore versus Rs 46.1 crore (YoY)
-EBITDA margin at 16.7 percent versus 9.6 percent (YoY)

Gujarat Industries Power Company Q1
-Net profit up 1.7 percent at Rs 55 crore versus Rs 54.1 crore (YoY)
-Total income up 5.55 percent at Rs 354 crore versus Rs 335.4 crore (YoY)
-EBITDA up 0.79 percent at Rs 112.8 crore versus Rs 113.7 crore (YoY)
-EBITDA margin at 31.9 percent versus 33.9 percent (YoY)

Pratibha Industries Q1
-Consolidated net loss at Rs 30.1 crore versus profit of Rs 16.4 crore (YoY)
-Consolidated total income down 15.9 percent at Rs 695 crore versus Rs 826.1 crore (YoY)
-Consolidated EBITDA down 29.3 percent at Rs 118.7 crore versus Rs 167.8 crore (YoY)
-Consolidated EBITDA margin at 17.1 percent versus 20.3 percent (YoY)
-Finance costs at Rs 143.6 crore versus Rs 129 crore (YoY)

JBF Industries Q1
-Net profit down 49.7 percent at Rs 9.8 crore versus Rs 19.5 crore (YoY)
-Total income up 4.7 percent at Rs 941 crore versus Rs 899 crore (YoY)
-EBITDA down 32.5 percent at Rs 67.3 crore versus Rs 99.7 crore (YoY)
-EBITDA margin at 7.2 percent versus 11.1 percent (YoY)

Alankit Q1 standalone
-Net profit at Rs 1.9 crore versus Rs 0.3 crore (YoY)
-Total income at Rs 13.1 crore versus Rs 1.5 crore (YoY)
-Board approves 1-for-1 bonus issue
-Board approves splitting each share into two

Khoday India Q1
-Net loss at Rs 6.4 crore versus loss of Rs 13 crore (YoY)
-Total income down 12.7 percent at Rs 33.8 crore versus Rs 38.7 crore (YoY)
-EBITDA loss at Rs 1 crore versus EBITDA loss of Rs 7.7 crore (YoY)

GMR Infrastructure
-GMR Airports wins contract for North Goa's greenfield Mopa Airport
-Airport to be built on build-operate-transfer model for a period of 40 years

Claris Life
-US FDA visited plant 1 of Vasana manufacturing facility of unit Claris injectables on August 16-26
-Company has received 5 483s during the US FDA inspection
-Confident can reply with corrective & preventive measures in 15 working days

L&T chief AM Naik says
-Hope to finish restructuring of L&T Infrastructure Development Projects Limited by March next year
-Middle east business has slowed down due to crash in oil prices
-Don't see recovery in oil prices for the next 2-3 years
-Opened up Far East as a core area to make up for loss of business in Middle East
-Want to put restructuring of small business in top gear before I step down
-See big gun orders worth Rs 4,300 crore coming in within next 2-3 months

Other stocks and sectors that will be in news on Monday:
-Company Law Tribunal allows parent company to invest Rs 1,123 crore in Ricoh India
-Telecom minister Manoj Sinha says spectrum auction will take place either on September 29 or September 30
-Banswara Syntex says Jodhpur Court allows merger of Banswara Global & Banswara Fabrics with company
-PBM Polytex strike at Petlad unit called-off, full production of yarn resumed
-Coal India to invest Rs 12,834 crore in FY17
-JSW Steel to set up 10-mt steel plant in Odisha for Rs 50,000 crore: BS
-Essel Group firm Siti Networks plans to raise USD 100 million (Rs 670 crore) via issuance of securities: Mint
-Cairn India and ONGC draw a 10-year roadmap for development of Barmer hydrocarbon block in Rajasthan: FE
-AM Naik names SN Subrahmanyan as next Larsen & Toubro chief
-Neuland Laboratories board approves proposal to merge Neuland Health Sciences Private Limited (holding company) and Neuland Pharma Research Private Limited (subsidiary of the holding company) with company
-KSK Energy Ventures board approves raising funds up to Rs 5,000 via issue of securities

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First Published on Aug 27, 2016 02:32 pm
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