Here are stocks that are in news today:
Sadbhav Infra Q1-Consolidated net loss of Rs 89.5 crore versus Rs 88.3 crore loss (YoY)-Consolidated total income down 33.3 percent at Rs 361 crore versus Rs 542 crore (YoY)-Consolidated EBITDA down 75.1 percent at Rs 217 crore versus Rs 123 crore (YoY)-Consolidated EBITDA margin at 60 percent versus 22.9 percent (YoY)-Depreciation at Rs 50.9 crore versus Rs 24.5 crore (YoY)-Expenses down 55.8 percent at Rs 195 crore versus Rs 442.6 crore (YoY)
Indo Rama Synthetics Q1-Net loss of Rs 16.6 crore versus profit of Rs 5.9 crore (YoY)-Total income up 0.7 percent at Rs 647.1 crore versus Rs 642.4 crore (YoY)-EBITDA down 55.7 percent at Rs 23.4 crore versus Rs 52.8 crore (YoY)-EBITDA margin at 3.6 percent versus 8.2 percent (YoY)-Other income at Rs 17.3 crore versus Rs 3.3 crore (YoY)-Forex loss of Rs 6.8 crore versus Rs 3.3 crore gain (YoY)-Finance cost at Rs 20.1 crore versus Rs 10.6 crore (YoY)
MCX Q1-Net profit up 54.7 percent at Rs 32.8 crore versus Rs 21.2 crore (YoY)-Total income up 12.1 percent at Rs 63 crore versus Rs 52.6 crore (YoY)-EBITDA up 17.5 percent at Rs 22.2 crore versus Rs 18.9 crore (YoY)-EBITDA margin at 35.2 percent versus 33.6 percent (YoY)-Other income up 54 percent at Rs 30.8 crore versus Rs 20 crore (YoY)Power Mech Q1-Net profit up 4.4 percent at Rs 16.6 crore versus Rs 15.9 crore (YoY)-Total income up 6.9 percent at Rs 322.3 crore versus Rs 301.6 crore (YoY)-EBITDA up 7.3 percent at Rs 42.9 crore versus Rs 40 crore (YoY)-EBITDA margin unchanged at 13.3 percent (YoY)Hathway Q1-Net loss of Rs 53.2 crore versus loss of Rs 37.4 crore (YoY)-Total income up 16.8 percent at Rs 302.1 crore versus Rs 258.7 crore (YoY)-EBITDA up 8.5 percent at Rs 44.6 crore versus Rs 41.1 crore (YoY)-EBITDA margin at 14.8 percent versus 15.9 percent (YoY)Kanoria Chemicals Q1-Net profit up 10.5 percent at Rs 6.3 crore versus Rs 5.7 crore (YoY)-Total income down 14.2 percent at Rs 76.9 crore versus Rs 89.6 crore (YoY)
IOC-Hikes petrol price by Rs 3.38 per litre in Delhi-Hikes diesel price by Rs 2.67 per litre in Delhi-Cuts aviation turbine fuel price by Rs 1,795.5/kl in Delhi (JetAirways, SpiceJet, InterGlobe in focus)
KEC International-Wins Rs 1,224 crore order in India, Thailand & Bangladesh-Wins 2 orders worth Rs 589 crore from Karnataka Power Transmission Corporation-Wins international orders worth Rs 216 crore-Wins railways business orders worth Rs 248 crore-Wins cables business orders worth Rs 171 crore
Competition Commission of India (CCI) -Imposes penalty on 10 cement companies & their trade associations for cartelisation-Imposes penalty of Rs 1,147.6 crore on ACC, Rs 1,163.9 crore on Ambuja Cement-Imposes penalty of Rs 490 crore on Lafarge, Rs 274 crore on Century Cement-Imposes penalty of Rs 187.5 crore on India Cements, Rs 128.5 crore on JK Cements-Imposes penalty of Rs 258.6 crore on Ramco Cements-Imposes penalty of Rs 1,175.5 crore on UltraTech Cement-Imposes penalty of Rs 1,323.6 crore on Jaiprakash Associates, Rs 0.7 crore on CMA
GSK Pharma says-Considering options for divestment of land at Thane-Have not shortlisted any buyers or entered into pact for Thane land
Tata Power-Javelin joint venture signs letter of intent with company-Company & Javelin will co-develop & produce missile system
HCC says-Company debt to reduce to half due to cabinet decision directing agencies to pay 75 percent of arbitral awards-Company currently has arbitration awards of over Rs 3,200 crore
Zee Entertainment CEO Punit Goenka to CNBC-TV18-Got a fair deal from Sony for sports business-Non-compete agreement in sports business is for 4 years-Not authorised to speak on the utilisation of cash-Need Rs 800-900 crore cash annually for operations-Keep exploring acquisition opportunities, nothing on cards at this point-Talks of buying Reliance radio business is speculation-Can't buy radio business due to foreign investment restrictions-Huge growth potential in regional markets for investment
Other stocks and sectors that are in news today:-Uniply Industries to acquire Vector Projects for Rs 64.12 crore-Indiabulls Real Estate seeks shareholder nod to issue non-convertible debentures (NCDs) worth Rs 25 crore-C&C Constructions bags project worth Rs 73.6 crore for Mohindergarh-Bhiwani transmission line-Praj Industries closes subsidiary, Praj Sur America SRL in Argretina-Religare redeems preference shares worth Rs 524 crore held by promoter group company-Esab India announces voluntary separation scheme for staff at Taratala plant, Kolkata-Nava Bharat Ventures to trade ex-bonus (1:1)-Interactive Financial Services acquisition window from September 1 to 16-Aditya Birla Fashion listing of 22.78 lakh shares resultant of arrangement between AB Fashion, Aditya Birla Nuvo and Madhura Garments-Union Bank issued bonds worth Rs 1,000 crore with AA rating from India Rating & Research and AA from CARE-Remsons India - ICRA downgrades long-term rating from BBB to BBB- and short term rating from A3+ to A3-BHEL - India Ratings & Research downgrades long term rating from AAA to AA+-Hinduja Ventures - Brickworks rating assigns short term rating of BWR A1-RCI Industries board meeting on September 3 to consider issue of equity on preferential basis-Symphony approved 1:1 bonus issue-DLF approved NCDs worth Rs 2,500 crore-Divis Labs clarifies that US FDA order is for Divis Pharma Private Limited (Hyderabad based) and not Divis Labs-Ashima surrenders land to Ahmedabad Municipal Corporation-CARE signs MoU to set up rating agency in Nepal-OBC to raise bonds up to Rs 250 crore with option to retain oversubscription of up to Rs 750 crore-Thyssenkrupp protests the merger of company with Tata Steel-Hindustan Copper signs deal for mining operations with Chattisgarh Mineral Corporation-Carlyle, Apax and Temasek in race to invest USD 150 million in KPIT Technologies: ToI-Arvind looks out for investors to raise Rs 900 crore through sale of 15 percent stake in brands business: ToI
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
