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Stocks in news: ITC, SBI, Hero, Ipca, Natco Pharma, CEAT

ITC | SBI | MRPL | Hero Motocorp | Somany Ceramics | Henkel | NESCO | Divis Labs | Electrosteel Castings | CEAT | GHCL | Texmaco Rail | Natco Pharma | Radico Khaitan | Claris Life | Rane Brake Lining | SAIL | Sadbhav Engineering | Ipca Labs | Kernex Microsystems and BPCL are stocks, which are in the news today.

May 25, 2015 / 11:30 AM IST
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  • nselive
Todays L/H

Here are stocks that are in news today:

Results today: Canara Bank, Central Bank of India, Bombay Dyeing, Dishman Pharma, Future Retail, PTC India Financial, Hathway, eClerx Services, Essar Oil, Greenply Industries, Jyothy Lab, Transport Corporation of India, VA Tech Wabag, VRL Logistics, Emami Infra, Gokaldas Exports, HeidelbergCement, Hindustan Motors, Honeywell Automation, Igarashi Motors, Jyothy Lab, KRBL, Lycos Internet, Nitin Fire, Parsvnath Developers, Prakash Ind, Pricol, Thangamayil Jewellery, Vardhman Polytex, Zandu Realty

Electrosteel Castings
-ED takes action against company in coal block allocation case
-Action initiated for alleged criminal conspiracy and cheating: ET

Adani Power
-Company plans 1000 MW solar park in Tami Nadu
-Likely to attract over Rs 7000 crore investment: BS

ArcelorMittal & SAIL sign MoU on automotive steel JV In India
-Proposed JV to construct state-of-the-art cold rolling mill & other downstream finishing facilities in India

Sadbhav Engineering says
-Due to a change in issue structure, unit SIPL required to withdraw DRHP
-SIPL board approves the withdrawal of the DRHP
-Unit SIPL will re-file DRHP with SEBI

EID Parry says A Vellayan steps down as chairman, to continue as a member of the board
Murugappa Group says
-SEBI order linking Vellayan based merely on suspicion
-Link drawn in SEBI's interim order is not a conclusive finding
-A Vellayan is resolute in defending the serious harm caused to his reputation & will take appropriate legally action

RBI says
-Restrictions placed on purchase of Ipca Labs’ shares by FIIs withdrawn with immediate effect
-FIIs can now invest up to 35 percent in Ipca Laboratories

BSE announces reconstitution of benchmark Sensex index w.e.f June 22
BSE says
-To add Lupin to Sensex index, to remove Tata Power from the index

Kernex Microsystems says
-Signs MoU with MRT Signals to combine their strengths, resources & professional capabilities
-Company, MRT Signals to jointly bid & execute projects related to Train Collision Avoidance System (TCAS)
-TCAS & Similar Projects may be taken up in Indian Railways in immediate future

BPCL enters into a term loan agreement with SBI to set-up a rupee loan facility
BPCL says
-Loan carries floating rate of interest linked to base rate
-Loan has a door-to-door maturity of 10 years
-Under facility, company can avail loan of up to Rs 4,000 crore over a period of 3 years
-Facility will be used to finance capital expenditure on company's ongoing & new projects

Future Consumer
-To acquire Grasim’s skin care, baby care & home care wet wipes business
-To acquire Grasim’s Kara, Puretta, Handys & Prim Brands

SBI chairman Arundhati Bhattacharya to CNBC-TV18
-The CDR restructuring pipeline stands at Rs 2,625 crore
-Companies across sectors are looking to restructure their loans
-Not every restructured loan was on the brink of being classified as NPA
-Have seen restructuring across the board
-Still difficult to predict when the economy will actually turnaround
-Most restructured accounts are small accounts
-Sale to asset reconstruction companies will continue

BBTC Q4              
-Net profit at Rs 10.8 crore versus Rs 14.2 lakh (YoY)
-Total income up 5.7 percent at Rs 80.1 crore versus Rs 75.8 crore (YoY)

-Consolidated net profit up 50.5 percent at Rs 93.9 crore versus Rs 62.4 crore (YoY)
-Consolidated total income up 2 percent at Rs 1,482 crore versus Rs 1453 crore (YoY)
-Consolidated EBITDA up 16.6 percent at Rs 187 crore versus Rs 160 crore (YoY)
-Consolidated operating margin at 12.6 percent versus 11 percent (YoY)
-Announces dividend of Rs 10/share
-Board approves issue of NCDs up to Rs 500 crore in one or more tranches
-Net profit up 33.4 percent at Rs 51.1 crore versus Rs 38.3 crore (YoY)
-Net sales up 7.3 percent at Rs 638 crore versus Rs 594.6 crore (YoY)

-Net profit up 9.6 percent at Rs 1,169.7 crore versus Rs 1,067 crore (YoY)
-Total income down 42.8 percent at Rs 11,272.6 crore versus Rs 19,706.8 crore (YoY)
-EBITDA up 33.4 percent at Rs 1,257 crore versus Rs 942 crore (YoY)
-EBITDA margin at 11.2 percent versus 4.8 percent (YoY)

Ennore Coke Q4
-Net loss at Rs 12 crore versus loss of Rs 5.9 crore (YoY)
-Net sales down 13.9 percent at Rs 158 crore versus Rs 183.6 crore (YoY)

-Net profit at Rs 2,361 crore versus Rs 2,278 crore (YoY)
-Total income at Rs 9,293 crore versus Rs 9,238.5 crore (YoY)
-EBITDA at Rs 3,243 crore versus Rs 3,203 crore (YoY)
-Operating margin at 34.9 percent versus 34.7 percent (YoY)
-Total FMCG revenue at Rs 6,777 crore versus Rs 6,393 crore (YoY)
-Cigarettes revenue at Rs 4,210.7 crore versus Rs 4,079 crore (YoY)
-Cigarettes EBIT margin at 64.3 percent versus 62.6 percent (YoY)
-Hotels business revenue at Rs 346.4 crore versus Rs 320.5 crore (YoY)
-Other income at Rs 370.4 crore versus Rs 582 crore (YoY)
-Tax expenses at Rs 987.2 crore versus Rs 1,165 crore (YoY)
-Agri business revenue at Rs 1,428 crore versus Rs 2,004 crore (YoY)
-Paper business revenue at Rs 1,202.6 crore versus Rs 1,261.2 crore (YoY)
-Announces dividend of Rs 6.25/share

Texmaco Rail Q4
-Net profit at Rs 13.2 crore versus loss of Rs 3.5 crore (YoY)
-Total income at Rs 144.5 crore versus Rs 91.7 crore (YoY)
-Other income at Rs 10.2 crore versus Rs 4.5 crore (YoY)

Timken India Q4
-Net profit up 14.8 percent at Rs 17.1 crore versus Rs 14.9 crore (YoY)
-Total income up 21.3 percent at Rs 238.2 crore versus Rs 196.3 crore (YoY)

Zee Media Q4
-Consolidated net loss at Rs 7.2 crore versus profit of Rs 4 crore (YoY)
-Consolidated total income up 69.1 percent at Rs 140 crore versus Rs 82.8 crore (YoY)

-Net profit down 26.7 percent at Rs 67.1 crore versus Rs 91.5 crore (YoY)
-Net sales up 2.5 percent at Rs 236.2 crore versus Rs 230.4 crore (YoY)
-EBITDA down 1.5 percent at Rs 197 crore versus Rs 200 crore (YoY)
-Operating margin at 83.5 percent versus 86.7 percent (YoY)

Natco Pharma Q4
-Consolidated net profit at Rs 54.4 crore versus Rs 24 crore (YoY)
-Consolidated total income at Rs 200.8 crore versus Rs 183.8 crore (YoY)
Natco Pharma
-Board approves merger of Natco Organics with company
-Board approves increase in FII investment limit to 49 percent
-To raise up to Rs 450 crore via issuance of shares/securities via private placement or QIP

Radico Khaitan Q4
-Net profit up 50.5 percent at Rs 14.9 crore versus Rs 9.9 crore (YoY)
-Total income down 2.3 percent at Rs 343.4 crore versus Rs 351.4 crore (YoY)

Claris Life Q4
-Consolidated net profit down 21.8 percent at Rs 10.4 crore versus Rs 13.3 crore (YoY)
-Total income up 15.3 percent at Rs 158 crore versus Rs 137 crore (YoY)

Rane Brake Lining Q4
-Net profit down 32.6 percent at Rs 6.4 crore Versus Rs 9.5 crore (YoY)
-Total income up 4.6 percent at Rs 113.6 crore Versus Rs 108.6 crore (YoY)

Mphasis Q4
-Consolidated net profit up 9.7 percent at Rs 177.7 crore versus Rs 162 crore (QoQ)
-Consolidated revenue up 1.3 percent at Rs 1,429 crore versus Rs 1,410.75 crore (QoQ)
-Consolidated EBIT down 2.4 percent at Rs 178 crore versus Rs 183 crore (QoQ)
-Consolidated EBIT margin down 3.68 percent at 12.48 percent versus 12.95 percent (QoQ)
-To pay dividend as Rs 16/share

Financial Technologies Q4
-Net loss at Rs 5.7 crore versus loss of Rs 371.3 crore (YoY)
-Total income at Rs 42.4 crore versus Rs 56.2 crore (YoY)
-To pay dividend of Rs 5/share

Titagarh Wagons Q4
-Consolidated net loss at Rs 9.8 crore versus Rs 10.5 crore (YoY)
-Consolidated total income at Rs 761 crore versus Rs 624.1 crore (YoY)

MBL Infra Q4
-Consolidated net profit at Rs 14 crore versus Rs 22 crore (QoQ)
-Consolidated total income at Rs 555.3 crore versus Rs 542 crore (QoQ)

City Union Bank Q4
-Net profit at Rs 99.1 crore versus Rs 83.4 crore (YoY)
-NII at Rs 205 crore versus Rs 185 crore (YoY)
-Gross NPA at Rs 335.8 crore versus Rs 360.7 crore (QoQ)
-Net NPA at Rs 232.8 crore versus Rs 220.4 crore (QoQ)
-Gross NPA at 1.86 percent versus 2.12 percent (QoQ)
-Net NPA at 1.30 percent versus 1.31 percent (QoQ)
-Provisions at Rs 58.1 crore versus Rs 27.1 crore (QoQ), versus Rs 29.6 crore (YoY)
-Capital adequacy ratio at 16.52 percent versus 15.73 percent (QoQ)

Divi's Labs Q4
-Net profit up 18.5 percent at Rs 228.9 crore versus Rs 193.1 crore (YoY)
-Net sales up 10.4 percent at Rs 814.7 crore versus Rs 738 crore (YoY)
-EBITDA at Rs 313 crore versus Rs 259 crore (YoY)
-EBITDA margin at 38.4 percent versus 35.1 percent (YoY)
-To pay dividend of Rs 20/share

-Net profit at Rs 17.6 crore versus Rs 9 crore (YoY)
-Total income at Rs 364.6 crore versus Rs 357 crore (YoY)

-Net profit up 19.6 percent at Rs 29.3 crore versus Rs 24.5 crore (YoY)
-Net sales down 0.4 percent at Rs 51.4 crore versus Rs 51.6 crore (YoY)

Bombay Rayon Q4
-Net profit at Rs 7.1 crore versus Rs 128.2 crore (YoY)
-Net sales at Rs 1,025.5 crore versus Rs 790.1 crore (YoY)

Other stocks and sectors that are in news today:
-French energy company Total in talks to partner with MRPL for fuel retailing: ET
-Hero Motocorp completes sale of 1 lakh bikes worth Rs 500 crore on Snapdeal: BS
-G Mohan Kumar appointed new defence secretary for two-year term: PTI
-RBI says FIIs can now invest up to 40 percent in Somany Ceramics
-IOC to raise stake in Chennai Petroleum, infuse Rs 1,500 crore: Sources to PTI
-M&M Executive Director Pawan Goenka appointed as ambassador of foreign investment promotion for South Korea
-Forward Markets Commission rejects appointment of Balasubramaniam Venkatramani as MCX MD & CEO
-Chembond Chemicals divests 49 percent shareholding in JV with Henkel