Stocks in news: Bharti, Hero, Marico, Nestle, Torrent Power

TV Today Q1-Net profit down 45.4 percent at Rs 17.9 crore versus Rs 32.8 crore (YoY)-Total income down 4.6 percent at Rs 127.1 crore versus Rs 133.2 crore (YoY)

Shivam Autotech Q1-Net profit down 2.5 percent at Rs 7.8 crore versus Rs 8 crore (YoY)-Total income down 1.2 percent at Rs 113.1 crore versus Rs 114.5 crore (YoY)

EID Parry Q1-Consolidated net loss at Rs 192.8 crore versus loss of Rs 43.8 crore (YoY)-Consolidated total income up 9 percent at Rs 2,805.6 crore versus Rs 2,573 crore (YoY)

AstraZeneca Pharma Q1-Net profit at Rs 2.7 crore versus loss of Rs 17.6 crore (YoY)-Total income up 5.1 percent at Rs 132 crore versus Rs 125.6 crore (YoY)

Sundaram Clayton Q1-Net profit up 45.1 percent at Rs 33.8 crore versus Rs 23.3 crore (YoY)-Total income up 9.1 percent at Rs 345.1 crore versus Rs 316.4 crore (YoY)

MM Forgings Q1-Net profit down 2.3 percent at Rs 12.9 crore versus Rs 13.2 crore (YoY)-Total income down 0.4 percent at Rs 124.1 crore versus Rs 124.6 crore (YoY)

Hexaware Technologies Q2-Consolidated net profit up 18.8 percent at Rs 99 crore versus Rs 83.3 crore (QoQ)-Consolidated total income up 8.2 percent at Rs 772.2 crore versus Rs 713.4 crore (QoQ)-Consolidated EBIT up 4.3 percent at Rs 121 crore versus Rs 116 crore (QoQ)-Consolidated EBIT margin at 15.6 percent versus 16.2 percent (QoQ)

TBZ Q1-Net profit at Rs 2.7 crore versus Rs 62 lakh (YoY)-Total income down 3.8 percent at Rs 415.9 crore versus Rs 432.4 crore (YoY)

JK Tyre Q1-Consolidated net profit at Rs 118.2 crore versus Rs 55.4 crore (YoY)-Consolidated total income down 4.7 percent at Rs 1,777.2 crore versus Rs 1,864.2 crore (YoY)

Clariant Chemicals Q1-Net profit at Rs 4.5 crore versus Rs 85.4 crore (YoY)-Total income down 14 percent at Rs 234.7 crore versus Rs 272.9 crore (YoY)Alert: Q1FY15 had one-time gain of Rs 99 crore

Peninsula Land Q1-Net loss at Rs 9.4 crore versus profit of Rs 1.9 crore (YoY)-Total income up 13.8 percent at Rs 47.1 crore versus Rs 41.4 crore (YoY)

ENIL Q1-Consolidated net profit up 6.6 percent at Rs 25.9 crore versus Rs 24.3 crore (YoY)-Consolidated total income up 9.1 percent at Rs 101.6 crore versus Rs 93.1 crore (YoY)

EIH Q1-Net profit at Rs 19.9 crore versus Rs 6.4 crore (YoY)-Total income up 6.4 percent at Rs 302.4 crore versus Rs 284.1 crore (YoY)

Hinduja Ventures Q1-Net profit up 8.1 percent at Rs 23.9 crore versus Rs 22.1 crore (YoY)-Total income up 4.7 percent at Rs 26.6 crore versus Rs 25.4 crore (YoY)

Torrent Power Q1-Consolidated net profit at Rs 173.5 crore versus Rs 86.2 crore (YoY)-Consolidated total income up 17.2 percent at Rs 3,003 crore versus Rs 2,562.7 crore (YoY)-Consolidated EBITDA up 82.3 percent at Rs 763 crore versus Rs 419 crore (YoY)-Consolidated EBITDA margin at 25.4 percent versus 16.3 percent (YoY)

Britannia MD Varun Berry says-Operating margin at 13 percent is a ‘fantastic’ number-Hope to continue to deliver on margins-Cost cutting journey, move to premiumisation continues-Trade spends are down by 30 percent-More work left on cutting costs & waste-Have gained market share in biscuits category-Looking at improving rural distribution-Seen double-digit growth in rural India-Overall consumption sentiment is very weak-Industry should see volume growth of 3-4 percent-Consumers have been down-trading given poor sentiment-Last 5-6 products have been in premium segment-Looking at bringing ‘New To India’ products-New category launches will take another 6-8 months-Would like to do better in the dairy business-Plan to boost dairy biz in the works; hope to launch by end of the year-International operations small but seen larger growth in Q1-Hope to change company's revenue mix over the next two year-Total investments on expansion about Rs 400 crore this fiscal year-Need clarity on food regulation-Industry must work together on food regulations-Want to focus on consolidation first & diversification later

Tata Steel says-UK long products business began operating as stand-alone unit from August 2-Unit's standalone status will enable alternative options to be assessed

Honda showcases 4 new bikes, launches CBR 650F at Rs 7.3 lakhHonda to CNBC-TV18:-Got more than 100 inquiries on CBR650F in last one week-Hopeful inquiries on CBR650F will realise into sales-Could read the shift in rural demand-Expect scooter sales to increase from November

Coal block case:-Reliance Power moves Delhi HC against cancellation of Sasan UMPP coal block-Delhi High Court agrees to hear plea, issues notice to governmentAlert: Government issued notification to cancel one of 3 Sasan blocks in May 2015

Government official says ONGC Q1 subsidy share seen at Rs 1,135 crore-Oil Minister Dharmendra Pradhan says no plans to change duty structure on petroleum products

Nestle India in focusFood Safety and Standards Authority of India-approved lab finds Maggi noodles safeAlert: Mysore-based Central Food Technological Research Institute tested five samples of Maggi sent by Goa

Other stocks and sectors that are in news today:-Bain Capital to sell residual stake in Hero Motocorp this week: ET-GSK Pharma will invest Rs 1,000 crore to set up greenfield manufacturing unit in Karnataka: FE-Vakrangee to help Amazon cash in on Jan Dhan Yojana accounts: ET-Hero Motocorp plans entry into Nigeria, Argentina and Mexico by end of the year-GaryKlesch won't buy Tata Steel Europe’s long products business: ET-Bombay High Court to hear YES Bank versus Madhu Kapur case on August 24-Oriental Bank Of Commerce cuts interest rates on domestic term deposits by 25 bps for 2 maturities-Competition Commission of India approves acquisition of 20 percent equity stake of Keimed by Mitsui-BPCL plans to shut 90,000 bpd crude unit at Kochi refinery for 10 days from September 26: Reuters sources-Australian Federal Court revokes environmental approval for Adani’s Carmichael coal mine in Australia: Reuters