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Stocks in news: HUL, Marico, Justdial, Essar Oil, Colgate

Wockhardt | Hindustan Unilever | Marico | Praj Industries | Everest Industries | Welspun India | KEC International | Justdial | Kolte-Patil | Motilal Oswal Financial | Bharat Electronics | Essar Oil | Pantaloon Retail | Colgate Palmolive | HOV Services and Coal India are stocks, which are in the news today.

October 28, 2013 / 10:21 AM IST
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Todays L/H

Here are stocks that are in news today:

Results Today: Maruti Suzuki, Dabur India, Syndicate Bank, VIP, Ceat, Bharti Infratel, Network 18 Media, TV18 Broadcast, Sasken Communications, Lanco Industries, Ajanta Pharma, Atul Auto, Blue Star, DCM Shriram Consolidated, EID Parry, Elantas Beck, Emkay Global Finance, FACT, Hindustan Composites, Jindal Stainless, SRF, Sundaram Finance, Tata Elxsi

Coal India signs fuel supply pacts with 156 power units, to sign remaining in due course: PTI sources
-Coal India to supply 65 percent of contracted amount for fuel from domestic sources
-Another 15 percent through imports with pass-on pricing model

Marico to stop production at company's Goa Plant
Marico says
-Goa unit operations unviable on input supply, logistic dynamics
-Plan to close plant in due course

SpiceJet senior VP V Raja to CNBC-TV18:
-‘Agree that we have had some bad quarters’
-‘Aviation industry going through a rough phase’
-‘We need to grow & ensure profitability’
-Company’s flights to Bangkok part of strategy to grow
-Doing everything possible to return to profitability
-Have increased our foray in international market
-Will focus on international routes because ATF costs are lower
-Trying to increase ancillary revenues
-Will add 30 more aircraft in 3-4 years
-Need to focus on right markets, destinations at right time
-Need to increase connectivity within India
-Welcome competition in Indian aviation sector
-Welcome AirAsia’s foray in Indian aviation space
-Pricing in Indian aviation is a matter of supply & demand
-In low demand scenario, pricing could be a key factor
-Not focusing on Delhi-Mumbai sector which is over crowded
-Need smart solutions to tackle pricing
-Looking at airports that are not covered for expanding routes
-Looking at increasing aircraft utilisation at night for international routes
-Looking at ASEAN, SAARC for international routes

Other stocks and sectors that are in news today:
-Chhabria's dramatic bid for Tilaknagar Industries, claims Mansion House ownership: TOI (Vangal, PE also in fray for USD 400 million company)
-HOV Services on the block, asking for valuation of USD 1.2 billion: TOI
-NSEL, Mohan Industries in settlement talks: ET (Mohan Industries one of the largest lenders)
-Oil Ministry against canceling Essar’s 17 year contract to develop Ratna and R series oil fields, slams bureaucrats for recommending the same: ET
-CCI will have more talks before taking final view on Jet-Etihad deal: BS
-GTL Infra, IFCI reach settlement on promoter stake: BS
-NHPC to buy back government shares, exchequer may get Rs 2,000 crore: PTI sources
-Union Bank to mull raising funds via QIP, preferential or rights issue on Wednesday
-Tata Global raises Rs 325 crore from private placement of NCDs
-Gujarat NRE Coke initiates process of CDR after discussion with major lenders
-Bank Of Maharashtra to mull preferential issue of shares to government tomorrow
-Omaxe offer for sale of 1.1 crore shares on October 29

Service Tax Department starts audit of NSEL: Sources
-Services Tax Department writes to FMC; seeks clarity on NSEL exemption
Alert: Government had exempted NSEL from provisions of FCRA in 2007
Alert- FCRA is Forward Contracts Regulation Act (FCRA)
-NSEL was not liable to pay service tax on commissions due to exemptions

Bombay High Court
-Allows FMC time till today to place its stand on affidavit
-Confers powers & responsibilities for NSEL on FMC
-Bombay High Court to pass ruling today

Mumbai Police Himanshu Roy says
-Have questioned Anjani Sinha & Jignesh Shah
-Anjani Sinha has blamed Jignesh Shah for the NSEL mess
-Jignesh Shah has not been taken into custody yet
-Anjani Sinha gave details of NSEL mess in custody
-Borrowers’ statements can also implicate Jignesh Shah
-Will do forensic audit of NSEL's books of accounts
-EOW to list assets of all NSEL borrowers
-Will start assets' attachment as soon as listing is complete

Financial Technologies says
-A Nagarajan appointed as additional director
-Chandrakant Kamdar resigns as director

Hindustan Unilever (HUL) Q2
-Reported net profit at Rs 913.8 Crore Versus Rs 806.9 Crore (YoY)
-Net sales at Rs 6,747.2 Crore Versus Rs 6,155.4 Crore (YoY)
-EBITDA at Rs 1,085 Crore Versus Rs 977 Crore (YoY)
-Operating margins at 15.7 percent Versus 15.5 percent (YoY)
-Underlying volume growth of 5 percent
-Other income at Rs 151 Crore Versus Rs 148.8 Crore (YoY)
-Personal products segment grew by 12 percent (YoY)
-Personal products segment EBIT margin at 22.8 percent
-Soaps & detergents segment grew by 6 percent (YoY)
-Soaps & detergents segment EBIT margin at 14 percent

HUL says
-Domestic consumer business grows by 10 percent in Q2
-Total market growth has come down considerably
-Input costs up during quarter; saw competitive intensity

JSW Energy Q2
-Consolidated net profit at Rs 162.6 Crore Versus Rs 254 Crore (YoY)
-Consolidated total income from operations at Rs 2,025 Crore Versus Rs 2,077 Crore (YoY)
-Consolidated EBITDA at Rs 838 Crore Versus Rs 577 Crore (YoY)
-Consolidated operating margin at 41.4 percent versus 27.8 percent (YoY)

JSW Energy says
-Rs 168 crore forex hit affected Q2 profit
-In talks to refinance Rs 4,700 crore loan for Rajasthan Barmer plant

Wockhardt Q2
-Consolidated net profit at Rs 138.5 Crore Versus Rs 453.5 Crore (YoY)
-Consolidated revenue at Rs 1,197 Crore Versus Rs 1,347 Crore (YoY)
-Consolidated EBITDA at Rs 196 Crore Versus Rs 517 Crore (YoY)
-Consolidated operating margin at 16.4 percent Versus 38.4 percent (YoY)

Wockhardt says
-US operations sales declined 19 percent in Q2
-Q2 earnings hit by recent regulatory actions
-Growth in US sales fell 27 percent to USD 87 million
-UK sales grew marginally by 5 percent to Rs 239 crore
-Sales in UK impacted by reversals & production recalls
-Prodn recalls, contractual obligation impact topline & EBIDTA
-Collateral damage owing to UK regulator ban on Chikalthana is 15-20 percent
-Still to evaluate impact of US regulator action on Kadaiya Facility
-Started process of shifting prodn from Waluj to Shendra Plant
-India sales fell by 2 percent in Q2 owing to suspension of Spansmoproxyvon & New Pricing Policy
-Expect improvement in sales by end of FY14

Shriram City Union Q2
-Net profit at Rs 127.2 Crore Versus Rs 107.9 Crore (YoY)
-Total income from operations at Rs 784.6 Crore Versus Rs 759.4 Crore (YoY)

Colgate Palmolive Q2
-Net profit at Rs 109.5 Crore Versus Rs 145 Crore (YoY)
-Net sales at Rs 895.7 Crore Versus Rs 867.5 Crore (YoY)
-EBITDA at Rs 146 Crore Versus Rs 194.3 Crore (YoY)
-Operating margin at 16.2 percent Versus 22 percent (YoY)

Neyveli Lignite Q2
-Net profit at Rs 240 Crore Versus Rs 334.8 Crore (YoY)
-Net sales at Rs 1,383 Crore Versus Rs 1,349 Crore (YoY)

Pantaloon Retail Q2
-Net loss at Rs 43.5 Crore Versus loss of Rs 11 Crore (YoY)
-Net sales at Rs 481.2 Crore Versus Rs 436 Crore (YoY)
-Pantaloons says board approves appointment of Pranab Barua as MD with immediate effect

Essar Oil Q2
-Net loss at Rs 71 Crore Versus profit of Rs 105 Crore (YoY)
-Net sales at Rs 25,695 Crore Versus Rs 20,963 Crore (YoY)
-GRM at USD 6.93/bbl Versus USD 7.86/bbl (YoY)
-EBITDA at Rs 1,033 Crore Versus Rs 1,169 Crore (YoY)

Bharat Electronics Q2
-Net profit at Rs 59.4 Crore Versus Rs 80.2 Crore (YoY)
-Net sales at Rs 1,009 Crore Versus Rs 1,040 Crore (YoY)

Motilal Oswal Financial Services Q2
-Consolidated net profit at Rs 5.6 Crore Versus Rs 18.5 Crore (QoQ)
-Consolidated total income at Rs 115.1 Crore Versus Rs 108 Crore (QoQ)
-Exceptional expense of Rs 19.5 Crore
-Motilal Oswal says have Rs 57.1 Crore exposure to NSEL in proprietary positions

Kolte Patil Q2
-Consolidated net profit at Rs 32.2 Crore Versus Rs 19.6 Crore (YoY)
-Consolidated net sales at Rs 187.4 Crore Versus Rs 190 Crore (YoY)

Justdial Q2
-Net Profit At Rs 28.7 Crore Versus Rs 14.5 Crore (YoY)
-Total Income from operations At Rs 112.7 Crore Versus Rs 87.6 Crore (YoY)

KEC International Q2
-Consolidated Net Profit At Rs 22.1 Crore Versus Rs 16.5 Crore (YoY)
-Consolidated Total Income At Rs 1,778 Crore Versus Rs 1,668 Crore (YoY)

Welspun India Q2
-Consolidated Net Loss At Rs 189 Crore Versus Profit Of Rs 47.3 Crore (YoY)
-Consolidated Revenue At Rs 1,219 Crore Versus Rs 802.2 Crore (YoY)

Everest Industries Q2
-Net Loss At Rs 6.6 Crore Versus Profit Of Rs 12.5 Crore (YoY)
-Net Sales At Rs 198 Crore Versus Rs 221 Crore (YoY) 
TAJGVK Hotels Q2
-Net Loss At Rs 1.9 Crore Versus Profit Of Rs 1.7 Crore (YoY)
-Net Sales At Rs 57 Crore Versus Rs 60.4 Crore (YoY)

Essel Propack Q2
-Consolidated net profit at Rs 28.7 crore Versus Rs 23.2 crore (YoY)
-Consolidated net sales at Rs 521.6 crore Versus Rs 472.7 crore (YoY)

Wendt India Q2:
-Net profit at Rs 3.9 crore Versus Rs 3.4 crore (YoY)
-Net sales at Rs 29.2 crore Versus Rs 25.6 crore (YoY)

Praj Industries Q2:
-Net profit at Rs 6.5 crore Versus Rs 13.4 crore (YoY)
-Net sales at Rs 194.2 crore Versus Rs 218.8 crore (YoY)

Wabco India Q2:
-Net profit at Rs 29 crore Versus Rs 32.8 crore (YoY)
-Net sales at 257 crore Versus Rs 238.8 crore (YoY)

Gateway Distriparks Q2:
-Consolidated net profit at Rs 33.7 crore Versus Rs 29.8 crore (YoY)
-Consolidated total income up 15 percent at Rs 251.2 crore (YoY)

SEBI seeks attachment of MPS Greenery Developers’ bank accounts
-SEBI sends notices to 8 banks for attaching MPS Greenery Developers’ accounts
-Banks include UCO Bank, OBC, Canara Bank, BOI, IDBI, ICICI Bank, HDFC Bank, Axis Bank
-SEBI believes defaulter may dispose of Rs 1,520 crore in these bank accounts
Alert: SEBI ordered co not to collect funds via CIS schemes in 2012
Alert: Company had raised deposits worth Rs 1,520 crore under CIS schemes

( and Television Eighteen Network are both part of the Network18 Group.)

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