Here are stocks that are in news today:
Results today: Reliance Industries, HCL Technologies, Reliance Power
Asian Paints Q3FY16 consolidated (YoY)-Strong quarter, beats street on all counts-Revenues lifted by delayed festive season, pick up in premium segment-Revenues up 13.9 percent at Rs 4160 crore versus Rs 3653 crore (Poll Rs 4069 crore)-EBITDA up 37.1 percent at Rs 800 crore versus Rs 584 crore (Poll Rs 708 crore)-EBITDA margins at 19.2 percent versus 16 percent (Poll 17.4 percent)-Net Profit up 25.8 percent at Rs 463 crore versus Rs 368 crore (Poll Rs 464)-Gross margins expand 330 bps to 47.1 percent versus 43.8 percent
Mindtree Q3 and Bonus-Mindtree board approves bonus issue in ratio of 1:1-Dollar revenue growth at 2.3 percent, constant currency at 3 percent-EBIT margins at 14.8 percent, miss expectations-Consolidated net profit at Rs 151 crore versus Rs 158.2 crore (QoQ)
Rallis India Q3FY16 consolidated (YoY)-Revenues down 20.5 percent at Rs 310 crore versus Rs 390 crore (Estimates Rs 387 crore)-EBITDA down 30 percent at Rs 35 crore versus Rs 50 crore (Estimates Rs 53 crore)-EBITDA margins at 11.3 percent versus 12.8 percent (Estimates 13.7 percent)-Net profit down 18.4 percent at Rs 20.4 crore versus Rs 25 crore (Estimates Rs 27 crore)
Delta Corp Q3-Consolidated net profit at Rs 7.7 crore versus loss of Rs 0.42 crore (YoY)-Consolidated total income at Rs 100.1 crore versus Rs 80.9 crore (YoY)
Tata Metaliks Q3-Consolidated net profit at Rs 28 crore versus Rs 19.3 crore (YoY)-Consolidated total income at Rs 293.2 crore versus Rs 321.1 crore (YoY)
Bharat Bijlee Q3-Net profit at Rs 8.9 crore versus loss of Rs 4.1 crore (YoY)-Total income at Rs 204.8 crore versus Rs 169.5 crore (YoY)
HOEC Q3-Net profit at Rs 4.3 crore versus loss of Rs 118 crore (YoY)-Total income at Rs 6.7 crore versus Rs 9.6 crore (YoY)Alert: HOEC had an exceptional loss of Rs 102 crore in Q3FY15
Maruti Suzuki-Slashes price of S-cross by over Rs 2 lakh-Cuts price of 1.6 litre variant of S-Cross by Rs 2.05 lakh-Cuts price of 1.3 litre variant of S-Cross by Rs 40,000-66,000
Tata Steel-Announces cost reductions at its UK business to improve competitiveness-Plan to cut costs at UK business would lead to the loss of 1,050 jobs
Tata Motors-To buyback NCDs worth Rs 450 crore as part of debt restructuring programme-Appoints MR Guenter Butschek as CEO & MD w.e.f February 15
Pipavav Defence-Board approves appointment of Anil Ambani as chairman of company-Board approves renaming company as Reliance Defence-Board approves appointment of vice admiral (retired) HS Malhi as whole-time director & CEO
Other stocks and sectors that are in news today:-Nalco revives USD 2 billion Iran smelter plan-ONGC, Oil India seek relief from LPG and Kerosene subsidy burden: ET
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