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Stocks in news: Aurobindo, Rel Power, Majesco, Welspun, eClerx

Aurobindo Pharma | Jai Corp | Engineers India | Gammon Infra | eClerx Services | Siti Networks | Reliance Power | Piramal Enterprises | Punj Lloyd | Welspun India | Majesco and Aditya Birla Nuvo are stocks, which are in the news today.

August 24, 2016 / 09:12 IST
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Here are stocks that are in news today:

Aurobindo Pharma Q1-Net profit up 23.8 percent at Rs 585 crore versus Rs 472.5 crore (YoY)-Total income up 12.9 percent at Rs 3,725.9 crore versus Rs 3,298.9 crore (YoY)-EBITDA up 22.6 percent at Rs 888.9 crore versus Rs 725 crore (YoY)-EBITDA margin at 23.9 percent versus 22 percent (YoY)-Forex loss at Rs 7 crore versus forex gain of Rs 10.6 crore (YoY)-Other income down 45.9 percent at Rs 15.9 crore versus Rs 29.4 crore (YoY)-Tax expense up 22.9 percent at Rs 200.8 crore versus Rs 163.4 crore (YoY)-Formulations business up 15.9 percent at Rs 3032 crore (YoY)-API business up 1.6 percent at Rs 734.5 crore (YoY)Aurobindo Pharma says-Got 13 final & 7 tentative approvals for ANDAs from US FDA in Q1-US formulations sales up 20.5 percent at Rs 1,703.9 crore (YoY)-Filed 3 oral category & 2 injectible category ANDAs with US FDA in Q1

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Engineers India Q1-Net profit up 50.1 percent at Rs 80.3 crore versus Rs 53.5 crore (YoY)-Total income down 12.7 percent at Rs 341.8 crore versus Rs 391.4 crore (YoY)-EBITDA at Rs 73.3 crore versus Rs 34.5 crore (YoY)-EBITDA margin at 21.4 percent versus 8.8 percent (YoY)

STI India Q1-Net loss of Rs 1.5 crore versus profit of Rs 1.5 crore (YoY)-Total income down 15.4 percent at Rs 13.2 crore versus Rs 15.6 crore (YoY)-EBITDA loss of Rs 0.7 crore versus EBITDA of Rs 2.4 crore (YoY)