Here are stocks that are in news today:
Results Today: TCS, HCL Technologies, Axis Bank, Bajaj Auto, South Indian Bank, Mindtree, LIC Housing Finance, Infotech Enterprises, Alok Industries, Bajaj Holdings, Gruh Finance, DB Corp, Rallis India, KRBL
Cairn India -Board approves buyback proposal-Buyback offer to begin on January 23-Sets maximum buyback offer price at Rs 335/Share-Maximum number of equity shares to be 17.09 crore
Exide Industries Concall-Original equipment manufacturer (OEM) market has seen 8 percent de-growth-Battery demand shrinking due to reduction in power deficit-Lost 600,000 battery demand in power segment-Low capacity utilisation is biggest problem faced by company-Capacity utilisation very low at 70 percent in automotive-Capacity utilisation very low at 76 percent in motorcycle-Capacity utilisation very low at 63 percent in industrial battery-Took a price cut of 7 percent in November due to rupee appreciation-62 percent of business is on cash & carry basis-8 million consumers using Exide batteries currently
Coal Producers Association says-Oppose centre's stance on block de-allocation in SC-Central government can't de-allocate in lieu of mere grounds Sponge Iron and Power producers say-Government's stand on letter of allocation is absurd-SC agrees to hear power & sponge producers
DCB Bank Q3-Net profit at Rs 36.4 crore versus Rs 27 crore (YoY)-Gross NPA at 2.77 percent versus 3.43 percent (QoQ)-Net NPA at 0.77 percent versus 0.86 percent (QoQ)-NII at Rs 94 crore versus Rs 72 crore (YoY)-Capital adequacy ratio (Basel III) at 12.86 percent versus 13.81 percent (QoQ)
Agro Tech Foods Q3 YoY-Revenues at Rs 197.53 crore versus Rs 220.46 crore (down 10.4 percent)-PAT at Rs 13.08 crore versus Rs 13.06 crore
Lovable Lingerie-Nalanda India Equity Fund buys nearly 3 lakh shares at Rs 300/share-As on September 2013, Nalanda India Equity Fund holds 5.64 percent stake
Other stocks and sectors that are in news today:-Empowered Group of Ministers (EGoM) meet on ONGC, Oil India buying 10 percent government stake in IOC likely today: Sources-HCL Technologies inks technical pact with US-based CSC-Supreme Court to continue hearing coal block allocation case today-Sasken Communication to mull special dividend on January 20
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