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Last Updated : Oct 07, 2016 01:03 PM IST | Source:

Stocks in news: Indian Bank, Goa Carbon, Pricol, Tata Steel

Deepak Nitrite | Indian Bank | Goa Carbon | Pricol | FIEM Industries | Kotak Mahindra Bank | Marathon Nextgen | Tata Steel | Canara Bank | APL Apollo Tubes | Ramkrishna Forgings | Vindhya Telelinks | Tata Global Beverage | Bajaj Finance are stocks, which are in news today.

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Todays L/H
Here are stocks that are in news today:

Bajaj Finance
CRISIL upgrades long term rating from AA+ to AAA

Tata Global Beverage
ICRA assigns long term rating of ICRA AA+ and short term rating of ICRA A1+

Vindhya Telelinks
CRISIL upgrades short term rating from CRISIL A1 to CRISIL A1+

Ramkrishna Forgings
ICRA reaffirms long term rating of ICRA A- and short term rating of ICRA A2+

APL Apollo Tubes
ICRA upgrades long term rating from ICRA A to ICRA A+ and affirmed short term rating of ICRA A1

Canara Bank
Board meeting on 13 Oct to consider issue of NCDs
Revises base rate from 9.65 percent to 9.6 percent wef 11 October

Tata Steel
Q2 Hot metal production up 17 percent at 3.12MT vs 2.66MT Y-o-Y
Q2 crude steel production up 13 percent at 2.82MT vs 2.5MT Y-o-Y
Q2 Saleable Steel production up 11 percent at 2.72MT vs 2.41MT Y-o-Y
Q2 Sales up 12 percent at 2.62MT vs 2.33MT Y-o-Y

Orient Cement & JP Associates & JP Power
Orient Cement to acquire 74 percent stake in Bhilai Jaypee Cement based on EV of Rs 1450 crore

To acquire Nigrie cement grinding unit at an EV of Rs 500 crore

Deepak Nitrite
Received letter from HC of Telangana for closure of one of its three units in Hyderabad

Indian Bank
Fixes MCLR from 9.15 percent to 9.65 percent

Goa Carbon
Sep production of 13881MT and sales of 11815MT

Madras HC sanctions amalgamation of Pricol Pune with itself

FIEM Industries
Signed Technology license and assistance agreement with Japanese companies for manufacturing Canister

Kotak Mahindra Bank
Cuts base rate by 10bps to 9.4 percent wef 7 October

Marathon Nextgen
Bombay HC approves amalgamation of Parrneka with itself

Govt to mainitain majority stake post stake sale

ONGC to pick stake in GSPC’s KG D6 basin

M&M plans to drive ssangyong into North America

UPL corp raises USD 500mn through dollar bond issue

Bhushan Steel
Bhushan steel lenders to restructure loans

UCO bank
UCO Bank to sell 72 million shares to LIC

Reliance Jio bought 269.2 MHz Spectrum In 800,1800 & 2300 MHz Band worth Rs 13,672 crore

Idea Cellular Says:
Co spent Rs 12,798 crore in the spectrum auctions
Co has won 2100 MHz band in the Mumbai circle

Bharti Airtel Says:
Acquire 173.8 MHz apectrum in 1800/ 2100/2300 MHz bands for Rs 14,244 crore
Have 4G & 3G spectrum in all circles after buying airwaves in auctions

Tata Steel Q2
Hot metal production up 3.6 percent at 3,123 mt Vs 3,015 mt (Q-o-Q)
Crude steel production up 11.4 percent at 2,813 mt Vs 2,524 mt (Q-o-Q)
Saleable steel production up 16.6 percent at 2,726 mt Vs 2,337 mt (Q-o-Q)
Sales up 22.3 percent at 2,624 mt Vs 2,146 mt (Q-o-Q)

Kotak Mahindra Bank cuts base rate by 10 bps to 9.4 percent effective October 7

CNBC-TV18 Exclusive:
Aurobindo Pharma promoters to sell shares worth USD 132-135 m via block deal
Aurobindo Pharma block deal issue price set at Rs 810-830/share

Goa Carbon: September production at 13,881.80 mt (Value Rs 19.24 crore)
September sales at 11,815.57 mt (Value Rs 21.62 crore)

GM Breweries Q2
Net profit up 18.1 percent at Rs 11.1 crore Vs Rs 9.4 crore (Y-o-Y)
Total income down 6.5 percent at Rs 87.7 crore Vs Rs 93.8 crore (Y-o-Y)
EBITDA down 5 percent At Rs 17.2 crore Vs Rs 18.1 crore (Y-o-Y)
EBITDA margin at 19.6 percent Vs 19.3 percent (Y-o-Y)
Other income at Rs 1.3 crore Vs 3 Lakhs (Y-o-Y)
Interest & Fin charges at Rs 1 lakh Vs Rs 0.65 crore (Y-o-Y)

Suzlon Energy: Real Gold Dvp & Neostar Dvp create pledge on 17 crore (3.38 percent Eq) in favour of Bank Of Baroda
Pledge created to secure working capital facility availed by co

FTIL Says: ED has directed HDFC Bank to secure Rs 30.27 crore in freezed current A/c

Pricol: Madras HC has sanctioned amalgamation of pricol Pune with co

Marathon Nextgen: Bombay HC approves amalgamation of Parrneka with co

SREI Infra allots NCDs worth Rs 293.36 crore on October 6

NSE gets board approval to launch IPO Via OFS, clears bonus shares

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First Published on Oct 7, 2016 08:17 am
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