Here are stocks that are in news today:
Results Today: Tech Mahindra, Dr Reddy's Labs, Sesa Sterlite, Grasim, Oriental Bank of Commerce, VIP Industries, Raymond, Thomas Cook, Emami, Gati, Excel Crop Care, Mphasis, Tata Elxsi, Jagran Prakashan, HSIL, Dish TV India, State Bank of Travancore, State Bank of Bikaner and Jaipur, Zuari Agro, TCI Finance, Steel Strips Wheels, NEPC India, Jubilant Industries, Elgi Equipments, Electrosteel Castings, Container Corporation of India
Concall: Ranbaxy says-99.7 percent Ranbaxy shareholders approved merger with Sun Pharma-In process to gain statutory approvals to close deal with Sun Pharma-Leveraged position in derivatives at USD 373 million-Net debt stands at USD 739 million as on September 30-Company's current share in Valsartan at 32 percent in US market-Sales of APIs impacted due to supply issues in Toansa, Dewas-Believe company has exclusivity of both gNexium and gValcyte-Not discussing timelines of consent decree and US FDA audit processes-Working on remediation process at all the plants-Remediation process will start with Mohali plant-Costs on remediation and R&D been little higher than Q1-Should see uptick in India OTC business in coming quarters
BHEL-Wins order for 444 MW hydro electric project in Uttarakhand-Wins Rs 422 crore order for Uttarakhand hydro electric project
ONGC and ONGC Videsh-Sign agreements with PVEP, Vietnam-ONGC signs exploration pact with PVEP for Andaman & Cauvery basins Government sources say-Government targets last week of November for ONGC divestment-Roadshows for ONGC divestment soon after Q2 resultsAlert: ONGC yet to declare date for Q2 results-Clarity on subsidy sharing mechanism prior to roadshows-Timing of ONGC offer for sale (OFS) not linked to appointment of 3 independent directors-appointment of 3 independent directors not necessary prior to OFS-SEBI's ratio for independent directors on a company board is for IPOs, FPOsAlert: Government aims to mop up Rs 17,000 crore from 5 percent ONGC stake sale
Hero Motocorp says-See retail scooter sales at 90,000 units in October-Raising scooter production capacity to 1 lakh units/month by January-Confident of double digit growth in scooters this year
Corporate action-TCS ex-dividend Rs 5/share-Rallis India ex dividend Rs 1/share-Kirloskar Brothers Investments ex-dividend Rs 50/share
Cabinet meeting in the evening-To take a call on FDI relaxation for construction-CCEA likely to decide on pooling gas and coal prices
Punjab National Bank says-KR Kamath demitted office as CMD w.e.f. October 28-CMD KR Kamath demitted office on completion of his 5-year tenure
Other stocks and sectors that are in news today:-RBI says FIIs/RFPIs can now invest up to 49 percent in Hero Motocorp-SBI fixes November 21 as record date for stock split-IL&FS Engineering gets order worth Rs 180 crore from Dighi Port, Maharashtra-Dr Reddy’s Launches 1 mg & 2 mg Sirolimus tablets in US market-Arun Kumar Sharma takes over as IOC Director (Finance)-L&T Infotech acquires Pune-based ISRC
ING Vysya Bank Q2 -Net profit at Rs 180 crore versus Rs 176.3 crore (YoY)-NII at Rs 497 crore versus Rs 440.3 crore (YoY)-Net NPAs at 0.42 percent versus 0.87 percent (QoQ)-Gross NPAs at 1.59 percent versus 2.39 percent (QoQ)-Provisions at Rs 49.7 crore versus Rs 101 crore (QoQ), versus Rs 18 crore (YoY)-Net interest margin at 3.54 percent versus 3.37 percent (QoQ)ING Vysya Bank says-Shailendra Bhandari resigns as MD and CEO w.e.f. January 31, 2015-Board proposes appointment of Uday Sareen as MD and CEO
Jubilant Life Sciences Q2-Consolidated net loss at Rs 94.1 crore versus loss of Rs 80.6 crore (YoY)-Consolidated net sales at Rs 1,362 crore versus Rs 1,424 crore (YoY)-Consolidated EBITDA at Rs 102 crore versus Rs 260 crore (YoY)-Consolidated EBITDA margin at 7.5 percent versus 18.2 percent (YoY)-Consolidated other income at Rs 26.4 crore versus Rs 4 crore (YoY)
Nestle India Q3-Net profit at Rs 311.3 crore versus Rs 285 crore (YoY)-Total income at Rs 2,570.4 crore versus Rs 2,360 crore (YoY)-EBITDA at Rs 548 crore versus Rs 508 crore (YoY)-Operating margin at 21.3 percent versus 21.5 percent (YoY)
PI Industries Q2-Net profit at Rs 49 crore versus Rs 55.3 crore (YoY)-Net sales at Rs 425 crore versus Rs 481 crore (YoY) VST Industries Q2-Net profit at Rs 38 crore versus Rs 32.5 crore (YoY)-Net sales at Rs 203 crore versus Rs 209 crore (YoY)
CCL Products Q2-Consolidated net profit at Rs 26.1 crore versus Rs 16.6 crore (YoY)-Consolidated net sales at Rs 247.2 crore versus Rs 166.1 crore (YoY)
SRF Q2-Net profit at Rs 76.8 crore versus Rs 47.8 crore (YoY)-Net sales at Rs 917 crore versus Rs 840 crore (YoY)
Parrys Sugar Q2-Net loss at Rs 9.6 crore versus loss of Rs 20.7 crore (YoY)-Net sales at Rs 60.8 crore versus Rs 79.2 crore (YoY)
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