Stocks in news: Just Dial, Strides, DRL, KEC, Jet, Cipla

Ambuja Cement Q3-Net profit down 35.7 percent at Rs 153.6 crore (YoY)-Total income down 4.2 percent at Rs 2,110.9 crore (YoY)-EBITDA down 21.2 percent at Rs 310 crore (YoY)-EBITDA margin at 14.7 percent versus 17.9 percent (YoY)-Sales volumes up 3.2 percent at 4.82 mt versus 4.67 mt (YoY)

Ambuja Cement says-CFO Sanjeev Churiwala resigns-Sanjay Khajanchi, joint president of corporate controlling to be the interim CFO-Made provision toward contribution to DMF & NME worth Rs 40 crore in Q3-Rs 40 crore provision has impacted EBITDA margin in Q3 by 130 bps-Cement market was subdued during Q3-Construction activities likely to pick up post monsoon-Long-term outlook for cement demand remains positive

Elecon Engineering Q2-Consolidated net loss at Rs 3.5 crore versus loss of Rs 7.3 crore (YoY)-Consolidated total income at Rs 283.1 crore versus Rs 298.3 crore (YoY)

MCX Q2-Net profit at Rs 31 crore versus Rs 29.4 crore (YoY)-Total income at Rs 61.2 crore versus Rs 54.8 crore (YoY)

Jet Airways Q2-Net profit at Rs 87.6 crore versus Rs 69.8 crore (YoY)-Total income at Rs 5,258 crore versus Rs 4,772.2 crore (YoY)-Exceptional loss at Rs 45.6 crore versus exceptional gain of Rs 305 crore (YoY)-Other income at Rs 186 crore versus Rs 243.5 crore (YoY)-Jet Airways says Q2 average aircraft utilisation grew by 9.9 percent to 12.6 hours

KEC International Q2-Consolidated net profit at Rs 44.1 crore versus Rs 20.3 crore (YoY)-Consolidated total income at Rs 2,020.9 crore versus Rs 2,172.7 crore (YoY)

Transport Corporation Q2-Net profit at Rs 23.3 crore versus Rs 21.4 crore (YoY)-Total income at Rs 555.9 crore versus Rs 556.7 crore (YoY)-Transport Corp to set up a wholly-owned direct subsidiary in Bangladesh

Indian Hume Pipe Q2-Net profit at Rs 7 crore versus Rs 11.8 crore (YoY)-Total income at Rs 229.8 crore versus Rs 251 crore (YoY)-Indian Hume Pipe says board approves closure of company's Vadgaon factory at Pune w.e.f November 1

Raymond Q2-Consolidated net profit at Rs 9.5 crore versus Rs 68.1 crore (YoY)-Consolidated total income at Rs 1,492.6 crore versus Rs 1,460.7 crore (YoY)

Excel Crop Q2-Net profit at Rs 18.6 crore versus Rs 28.6 crore (YoY)-Total income at Rs 245.1 crore versus Rs 302.5 crore (YoY)

SE Investments Q2-Consolidated net profit at Rs 14.9 crore versus Rs 14.5 crore (YoY)-Consolidated total income at Rs 51.2 crore versus Rs 48.2 crore (YoY)

TRF Q2-Consolidated net profit at Rs 4.1 crore versus loss of Rs 9.3 crore (YoY)-Consolidated total income at Rs 266.3 crore versus Rs 246.5 crore (YoY)

JK Tyre Q2-Consolidated net profit at Rs 118 crore versus Rs 76.5 crore (YoY)-Consolidated net sales at Rs 1,791 crore versus Rs 1,859 crore (YoY)

Jubilant Industries Q2-Consolidated net profit at Rs 12.2 crore versus loss of Rs 20.4 crore (YoY)-Consolidated total income at Rs 164.4 crore versus Rs 229.7 crore (YoY)-Consolidated exceptional loss at Rs 73 crore

Pidilite Industries Q2-Consolidated net profit up 38 percent at Rs 191.7 crore (YoY)-Consolidated total income up 5.2 percent at Rs 1,320 crore (YoY)-Consolidated EBITDA up 46.1 percent at Rs 301 crore (YoY)-Consolidated EBITDA margin at 22.8 percent versus 16.4 percent (YoY)-Pidilite Industries appoints Pradeep Jain as CFO effective January 2016

EMCO Q2-Net loss at Rs 7 crore versus profit of Rs 1.1 crore (YoY)-Total income at Rs 152.4 crore versus Rs 210.7 crore (YoY)-EMCO to set up a wholly-owned subsidiary in Dubai

Thirumalai Q2-Consolidated net loss at Rs 14.9 crore versus profit of Rs 4.1 crore (YoY)-Consolidated total income at Rs 230.3 crore versus Rs 282 crore (YoY)

Hikal Q2-Net profit at Rs 4.8 crore versus Rs 15.2 crore (YoY)-Total income at Rs 204 crore versus Rs 242.9 crore (YoY)

USFDA sends warning letter to Sandoz over violations at 2 India plants-Sandoz is the generic drug arm of Novartis

Asian Paints says-Mauritius arm transfers its entire 80 percent holding in Samoa Paints to Berger International, Singapore-Mauritius arm transfers its 75 percent holding in Asian Paints, Solomon Islands to Berger International, Singapore

CCI imposes Rs 666 crore penalty on Jaiprakash Associates for unfair trade practices in realty space: PTICompetition Commission of India to CNBC-TV18-No penalty on Jaiprakash Associates-Majority view in favour of Jaiprakash Associates-Majority view will prevail on Jaiprakash Associates-2 members with dissenting views on Jaiprakash Associates-3 members against any penalty on Jaiprakash Associates-Majority view hold no abuse of dominance by Jaiprakash AssociatesAlert: Case pertains to integrated township projects in Noida, Greater Noida

FIPB approves 16 FDI proposals worth Rs 4,722 croreForeign Investment Promotion Board-Approves FDI proposal of Sun Pharma Advanced Research Company worth Rs 250 crore-Approves FDI proposals of Strides Arcolab, AB Nuvo, Blue Star Info, HDFC Capital Advisors-Rejects FDI proposals of Cipla, Apollo Hospitals-Defers FDI proposals of Sharekhan & Reliance Globalcom

Amara Raja Batteries on CNBC-TV18-Growth in H2 likely to be better than H1-UPS batteries saw a growth of 5 percent in Q2-Telecom batteries segment saw a growth of 10 percent in Q2-UPS batteries business under pressure-Will try our best to maintain margins at current level

Tata Motors to increase medium & heavy commercial vehicle production in Pantnagar: Sources-Tata Motors plans to shift part of M&HCV production to Pantnagar-Tata Motors currently produces majority of M&HCVs in Jamshedpur-Tata Motors manufactures Ace, Magic Iris at Pantnagar-Tata Motors plans this move to get subsidy from Uttarakhand government-Uttarakhand government offers subsidy benefits to companies undertaking expansion-Uttarakhand offers subsidy benefits up to 15 percent of investments in capital-Benefits could tally up to Rs 1.3 lakh on medium duty trucks-Ashok Leyland shifted bulk of M&HCV production to PantnagarTata Motors to CNBC-TV18-Continue to evaluate suited locations for new & existing products-Work closely with regulatory & government stakeholders for necessary support-Started production of M&HCV trucks in Pantnagar nearly a year ago-No substantial drop in production in Jamshedpur & Lucknow-There is increased market demand for M&HCVs

Hero MotoCorp launches scooter Duet LX and Duet VX-Hero MotoCorp prices Duet LX at Rs 48,400 (ex-showroom, Bangalore)-Hero MotoCorp prices Duet VX at Rs 49,900 (ex-showroom, Bangalore)Hero MotoCorp says-Launch of Duet will strengthen portfolio-Taking market specific approach w.r.t pricing-Currently holds 13 percent market share in scooter segment-Seeing early signs of recovery in the rural segment

Monnet Ispat-To mull raising equity via conversion of loan into equity shares to lenders under SDR-Board to meet on November 2 to convert unsecured loan in equity shares

Other stocks and sectors that are in news today:-Maharashtra will not challenge lifting of Maggi ban in SC: ET-SAIL defers 5 year bond issue over bid rates: FE-J Kumar Infra closes QIP issue; raises up to Rs 410 crore-GoAir eyeing up to USD 150 million IPO, in early talks to hire banks: Reuters sources-Sun Pharma recalls over 10 lakh boxes of allergy drug Loratadine in US: PTI-Amtek Auto mandates Morgan Stanley for sale of German unit Tekfor to cut debt: Reuters sources-IndiGo IPO subscribed 1.55x till 5 pm on Day-2-Rs 3,000 crore greenfield international airport project in Goa gets environmental clearance-Sun Pharma completes tender offer for InSite Vision-CBI interrogates REI Agro CMD Sandeep Jhunjhunwala in Rs 3,800 crore bank fraud case-ICRA gives stable outlook rating for DLF's NCDs worth Rs 900 crore