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Stocks in news: BHEL, IRB, Siemens, Geometric, Adani Ports, TVS

Coal India | Wipro | Cipla | BHEL | IRB Infrastructure | IDBI Bank | Siemens | Nitesh Estates | SKS Microfinance | Adani Ports | Tata Chemicals | DCB Bank | Titan Company | Tata Power | Plastiblends India | Vakrangee | JSW Energy | Tata Motors | HCL Technologies and TVS Motor are stocks, which are in the news today.

March 02, 2016 / 08:53 IST
 
 
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Here are stocks that are in news today:

Banking sector-RBI makes amendments to treatment of balance sheet items to get regulatory capital-Deferred tax assets arising from timing differences may be seen as CET-1 capital-Forex reserves due to translation of financial statements will be CET-1 capital-Forex reserves due to translation of financial statements to be reckoned at 25 percent discount

February auto sales-TVS Motor total sales up 7 percent at 2.19 lakh units (YoY)-Hero MotoCorp total sales up 13.6 percent at 5.5 lakh units (YoY)-Eicher Motors total commercial vehicle sales up 57.2 percent at 5,032 units (YoY)-SML Isuzu total sales up 3 percent at 1,010 units (YoY)-Tata Motors total sales up 6 percent at 46,674 units (YoY)

Tata Motors-Hikes prices of passenger vehicles by up to Rs 35,000-Hikes prices of passenger vehicles to offset impact of infra cess

Geometric / HCL Technologies-HCL Technologies may buy out Godrej's stake in Geometric: ToI-Eyes 38 percent in deal valuing USD 200 million

Coal India (consolidated, provisional)-February offtake at 45.5 MT versus target of 47.13 MT-February production at 51.01 MT versus target of 52 MT

Idea Cellular-Idea may have to pay Rs 496 crore tax for Videocon’s 4G airwaves: ET-Company will have to ink deal before June 1 to avoid service tax change proposed in Budget

Piramal Enterprises-To issue 1000 secured redeemable non-convertible debentures (face value Rs 10 lakh)-NCDs aggregating to Rs 100 crore to be listed on NSE – wholesale debt segment

Indian Hotels-Decides to discontinue its management contract for The Gateway Hotel Rawalkot Jaisalmer: ET-3rd exit in last 3 months

Tata Power-Subsidiary Bhira Investments has successfully refinanced USD 460 million of debt due on February 29-New facility carries coupon linked to LIBOR, tenure 5 years

Plastiblends India-Company plans to increase capacity-Company has acquired land in near Kolkata to setup new unit-Expansion will be funded through internal accruals

Vakrangee-In strategic tie up with IOC-To set up Vakrangee Kendra at IOC’s retail outlets in Uttar Pradesh

Cipla-Consumer healthcare business has been transferred to Cipla Health-This is with effect from the close of business hours on February 29, 2016

Wipro-Completes acquisition of HealthPlan Services earlier than expected-Company's plans to acquire Viteos Group is awaiting approvals

South Indian Bank-To appoint International Finance Corporation as consultant for advisory support-To seek advice in business verticals of retail, agri and SMEs

Titan Company-Titan eye wear plans foraying into frame-making business: ET-Will make an initial investment of Rs 40 crore

VD Mhaiskar, CMD, IRB Infrastructure says-Government cancelled bid process & letter of award for J&K order-Have not got any clarification for the cancellation of order-Orderbook will now come down to Rs 10,000 crore-No financial impact as company had not incurred any investment in J&K project

Other stocks and sectors that are in news today:-BHEL bags Rs 5,600 crore order for 1,600 MW supercritical power project in Tamil Nadu-IDBI Bank to raise Rs 6500 crore from sale of assets, offer ESOPs-Nitesh Estates signs joint development agreement for Rs 175 crore residential project in Bangalore-HeidelbergCement India: India Ratings upgrades long term issuer ratings to Ind AA from Ind AA--Siemens board to meet on March 4 to consider sale of company's healthcare undertaking to a subsidiary of Siemens AG-Capital First raises Rs 60 crore by issue of NCD's on private placement basis-SKS Microfinance completes fifth securitization transaction of Rs 216.21 crore in FY16-RBI says FIIs limit in Tata Chemicals hits trigger limit-Adani Ports gets to club 3 SEZs in Gujarat-DCB Bank buys 5.81 percent stake in Annapurna Microfinance for Rs 10 crore-Rushil Decor to establish new plant in South India to produce ‘Thin MDF’-Navneet Education fixes March 15 as record date for payment of interim dividend-Cadila Healthcare board to meet on March 8 to consider interim dividend and record date-Zydus Wellness board to meet on March 4 to consider interim dividend and record date-Apar Industries board to meet on March 16 to consider interim dividend and record date-Dena Bank to raise Rs 65 crore by selling stake to LIC: FE-Indian Hotels allots 18.18 lakh equity shares upon conversion of compulsorily convertible debentures (CCDs)-JSW Energy: Rajasthan Electricity Regulatory Commission has vide its order for the 1,080 MW Lignite Power Plant at Banner, Rajasthan of Raj WestPower

first published: Mar 2, 2016 08:01 am

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