Stocks in news: IRB, Tata Motors, GMR, Infosys, L&T Finance

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

Results Today: Mphasis Q1

Infosys SD Shibulal Says-Met 34-35 clients & client facing teams-Clients continue to reduce cost in financial services-Savings channeled to regulatory compliance, risk related initiatives-Lower PC sales, capex spend in networking to impact manufacturing segment revenue-Sluggishness in retail over 2 months due to aggressive discounts-Aggressive discounts will cap additional spending in CY14-Some retail client had specific issues leading to spends’ re-categorisation-Some clients have seen slowdown across verticals-Slowdown across verticals led to unanticipated slowdowns & cancellations of projects in Q4-Early to provide estimates for FY15-In close discussions with our clients-Expect to complete planning exercise by Q4 results-Many factors that impacted Q4 slowdown will continue to impact FY15 client spending-Near-term performance to be choppy, will take 3 years to attain growth rates

Infosys’ NR Narayana Murthy says-‘Not happy with company’s performance in the last two years-Company's growth rate was at 5.8 percent in FY12 and FY13-Growth rate at 5.8 percent compared to 11 percent for Indian software industry-Expect revenue growth to be in range of 11.5-12 percent for current year-Expect revenue growth much more like 11.5 percent for current year-'As of today, operating margin at 23.5 percent for the current year'-Operating margin went up to 25 percent in Q3FY14-Operating margin has to be seen in the context of rupee-Lower operating margin is company's second biggest concern-Given rupee devalued by 25 percent, must have added approximately 12 percent to operating profit margin (OPM)-Under normal circumstance company's OPM should have been 41.5 percent-Since FY12 OPM dropped by 45 percent, revenue growth fell 22 percent-There is absolutely nothing wrong with Infosys 3.0-'We were not focused on large outsourcing projects'-We have taken up three initiative since June 2013'-Need to control cost, to take 6-18 months to get visibility-Building sense of meritocracy in sales workforce-Will start seeing results by Q1-Q3 of FY16, hopefully by Q1-Hopefully will start seeing signs of improvement by Q3FY16-Have considerable depth of leadership available within company-Customer survey shows almost no impact of exits on customer delivery or response-By & large, most people were not adding critical value to company-Will ensure there is new CEO in place by March 2015-'You will see some more exits over the next 12 months'-Shibulal, Srinath Batni and Kris will be retiring by next April

Infosys to CNBC-TV18:-Have not shown interest in acquiring stake in Financial Technologies

SC to next hear Reliance Industries gas price case on March 24RIL gas price case: Counsel of petitioner says-Challenge government on selling gas shortfall at new price-'Taking LNG prices in Rangarajan formula is irrational'-Parliamentary committee report said review Rangarajan gas formula-Parliamentary committee report said cap gas prices-Parliamentary committee report said study inflationary impact-Parliamentary committee report said take view of states on gas prices

GMR Infrastructure: Sources-To bid for all 6 upcoming airports-Company may go solo in bidding for 6 upcoming airportsAlert: Government looking to privatise 6 airports including Chennai, KolkataAlert: GoI plans privatising airports including Guwahati, Ahmedabad, Lucknow-Fraport unable to sell holding in Delhi International Airport-Fraport unable to sell DIAL stake due to a clause in contractual agreement

February auto sales: Tata Motors-Jaguar Land Rover (JLR) retail sales up 14 percent at 30,487 units (YoY)-Jaguar retail sales up 15 percent at 5,300 units (YoY)-Land Rover retail sales up 13 percent at 25,187 units (YoY)

Sources on Cognizant:-Company has not shown interest in acquiring stake in Financial TechnologiesCognizant says-Cannot comment on reports of acquiring stake in Financial Technologies

Hotel Leela says-Bridge loan indicative terms to be negotiated-Authorises CMD, MD to finalise terms of bridge loan                                             Anjani Portland Cement promoters propose selling shares to Chettinad CementChettinad Cement says-To acquire up to 47.81 lakh shares (26 percent equity) of Anjani Portland Cement via open offer-Floor price for open offer set Rs 61.75/share

IFB Agro Industries-Board meet today to consider allotment of equity shares on preferential basis-Preferential allotment to Nurpur Gases (Promoter group company of IFB Agro)

Other stocks and sectors that are in news today:-IRB Infrastructure first to sign up for road premium recast, takes two project to NHAI-GVK Energy’s PE investors to get stake in listed company as part of groups restructuring: BS-Coal India officers serve three-day strike notice from today-Biocon: Delhi High Court - Roche-Biocon/Mylan case hearing (Roche has challenged validity of clinical trials for Biocon's version of breast cancer drug Herceptin)-NSE adds L&T Finance Holdings, Just Dial in F&O from today-Easun Reyrolle ex-date Rights 12:25

January IIP at 0.1 percent versus -0.2 percent (MoM)-December IIP revised to -0.2 percent from -0.6 percent provisional-April-January IIP at 0.0 percent versus 1 percent (YoY)-January IIP at 0.1 percent versus 2.5 percent (YoY)Alert: January IIP at 0.1 percent, highest since September 2013

February CPI inflation at 8.10 percent versus 8.79 percent (MoM)Alert: February CPI inflation at 8.10 percent, lowest since January 2012