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HomeNewsBusinessStocksStocks in news: Hindalco, RCF, Apollo Tyres, Timken, NTPC

Stocks in news: Hindalco, RCF, Apollo Tyres, Timken, NTPC

Hindalco Industries | Power Grid | Amara Raja Batteries | RCF | BPCL | NTPC | Jet Airways | Hatsun Agro | Jain Irrigation | Apollo Tyres | Dredging Corporation | Timken India | Kalpataru Power | Ess Dee Aluminium and ENIL are stocks, which are in the news today.

November 11, 2014 / 10:35 IST
 
 
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Here are stocks that are in news today:

Results today: Power Grid, Amara Raja Batteries, Dhanlaxmi Bank, Prestige Estates, Nitesh Estates, IFCI, Eveready Industries, Ballarpur Industries, Bosch, Shalimar Paints, Shemaroo Enterprises, Sanofi India, Punjab & Sind Bank, MOIL, Ingersoll Rand, IL&FS Transportation, Bharat Bijlee, Bayer Cropscience, Uflex, Siti Cable, Shriram EPC, Ruchi Soya, Ricoh India, Radico Khaitan, NRB Bearing, Minda Industries, Maharashtra Seamless, Madras Fertilizers, Indowind Energy, HMT, Himatsingka Seide, Godawari Power, Everest Kanto, 3i Infotech

Amtek Global secures long-term financing from KKR-Amtek Global says KKR to give AGT with euro 235 million of long-term, flexible financing to replace its existing bridge loan

Sebi approves Lavasa's Rs 750 crore IPO prospectus: PTI (HCC in focus)Alert: Lavasa filed DRHP in July 2014; company's second attempt at an IPO

Department Of Industrial Policy & Promotion floats draft cabinet note on FDI in medical devices-DIPP proposes 100 percent FDI through auto route for medical devices

Other stocks and sectors that are in news today:-Rashtriya Chemicals and Fertilisers (RCF) signs MoU with BPCL to set up new sewage treatment plant at Trombay-Moody’s affirms NTPC’s BAA3 rating; outlook stable-Jet Airways says may lease 1 more Boeing 777 aircraft to Etihad on short-term-Hatsun Agro Product to consider allotment of 10 lakh equity shares on preferential basis on November 18-Coal secretary Anil Swarup says centre to examine Odisha government's push to reallocate coal blocks-Inter-ministerial panel may meet today to decide coal reserve price: PTI sources-Intas Pharma completes sale of ChrysCapital’s 10.16 percent stake to Temasek

RBI announces revised regulatory framework for NBFCs-RBI revokes suspension on issuing certificate of registration (CoR)Alert: RBI had temporarily suspended issuance of CoR on April 1RBI says-Intent is to create a level playing field-NBFCs must have minimum net owned funds of Rs 1 crore by March 2016-NBFCs must have minimum net owned funds of Rs 2 crore by March 2017-Only asset finance companies rated investment grade can raise public deposits-Given adequate time to NBFCs for transition to tighter norm-To focus on systemic risks after NBFCs move to new norms-Harmonised norms for large NBFCs with bank regulations-Sub investment grade AFCs can renew deposits till March 2016-AFCs can’t accept new deposits till they get investment grade rating-AFCs without investment grade rating by March 2016 can't accept new deposits-Systemically important NBFCs to be those with assets over Rs 500 crore-Standard assets provisioning for NBFCs up to 0.40 percent versus 0.25 percent-Capital requirement for gold loan companies at 12 percent-By March 2016, loans to become NPAs if unpaid for 5 months-By March 2017, loans to become NPAs if unpaid for 4 months-Loans to become NPAs if unpaid for 3 months-3-month NPA rules for NBFCs to kick in from March 2018

Novelis Q2 (subsidiary of Hindalco Industries)-Net income up 65 percent at USD 38 million (YoY)-Net sales up 17 percent at USD 2.8 billion (YoY)-Shipments up 7 percent at 765 kilotonnes (YoY)

Apollo Tyres Q2-Consolidated net profit at Rs 258 crore versus Rs 219.4 crore (YoY)-Consolidated net sales at Rs 3,300.6 crore versus Rs 3,433.4 crore (YoY)-Consolidated EBITDA at Rs 479 crore versus Rs 452 crore (YoY)-Consolidated operating margin at 14.5 percent versus 13.2 percent (YoY)

Omaxe Q2-Consolidated net profit at Rs 13.8 crore versus Rs 18.2 crore (YoY)-Consolidated total income at Rs 378.9 crore versus Rs 365.4 crore (YoY)

IL&FS Engineering Q2-Net loss at Rs 37.9 crore versus loss of Rs 53.2 crore (YoY)-Total income at Rs 556.9 crore versus Rs 453.3 crore (YoY)

Jain Irrigation Q2-Consolidated net loss at Rs 23.6 crore versus loss of Rs 80.7 crore (YoY)-Consolidated net sales at Rs 1,253.2 crore versus Rs 1,201.4 crore (YoY)

TV Today Q2-Net profit at Rs 13.2 crore versus Rs 12.8 crore (YoY)-Net sales at Rs 111.2 crore versus Rs 91.5 crore (YoY)

Dredging Corporation Q2-Net profit at Rs 3.2 crore versus Rs 10 crore (YoY)-Total income at Rs 169 crore versus Rs 183 crore (YoY)

Timken India Q2-Net profit at Rs 20.7 crore versus Rs 13.2 crore (YoY)-Total income at Rs 234 crore versus Rs 179.1 crore (YoY)

Kalpataru Power Q2-Net profit at Rs 42.7 crore versus Rs 31 crore (YoY)-Total income at Rs 1,140.8 crore versus Rs 962.2 crore (YoY)

Ess Dee Aluminium Q2-Net profit at Rs 12.7 crore versus Rs 9.3 crore (YoY)-Total income at Rs 211.3 crore versus Rs 169.3 crore (YoY)

Lloyd Electric Q2-Net profit at Rs 4.4 crore versus Rs 4 crore (YoY)-Net sales at Rs 304.4 crore versus Rs 230 crore (YoY)

Jyoti Structures Q2-Net loss at Rs 69.4 crore versus profit of Rs 14.6 crore (YoY)-Total income at Rs 632.7 crore versus Rs 649.3 crore (YoY)

Fedders Lloyd Q2-Net profit at Rs 10.4 crore versus Rs 8.8 crore (YoY)-Total income at Rs 328.9 crore versus Rs 274.7 crore (YoY)

JB Chemicals Q2-Net profit at Rs 31.9 crore versus Rs 33.1 crore (YoY)-Total income at Rs 280.2 crore versus Rs 253.2 crore (YoY)

Entertainment Network India (ENIL) Q2-Consolidated net profit at Rs 23.3 crore versus Rs 16.4 crore (YoY)-Total income at Rs 104.4 crore versus Rs 86.5 crore (YoY)

first published: Nov 11, 2014 08:28 am

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