Get App
Last Updated : Nov 22, 2016 04:21 PM IST | Source: CNBC-TV18

Stocks in news: L&T, Aurobindo, Vedanta, Fin Tech, Khaitan Elect

Larsen and Toubro | Torrent Pharma | Aurobindo Pharma | Brigade Enterprises | Reliance Infrastructure | Vedanta | Indian Hotels | Khaitan Electricals | Tantia Construction | Financial Technologies | Sobha and Ingersoll Rand are stocks, which are in the news today.

Here are stocks that are in news today:

Results today: L&T, Allcargo, Birla Corp, Emco, GTL Infra, Indraprastha Medical, IRB Infra, JBF Industries, Siti Networks, Ushdev International

Ingersoll Rand Q2
-Net profit up 19.8 percent at Rs 20 crore versus Rs 16.7 crore (YoY)
-Total income down 5.7 percent at Rs 181.6 crore versus Rs 192.6 crore (YoY)
-EBITDA down 6.7 percent at Rs 15.2 crore versus Rs 16.3 crore (YoY)
-EBITDA margin at 8.4 percent versus 8.5 percent (YoY)
-Other income up 42.6 percent at Rs 18.4 crore versus Rs 12.9 crore (YoY)

Sobha Q2
-Net profit down 1 percent at Rs 38.4 crore versus Rs 38.8 crore (YoY)
-Total income up 8.2 percent at Rs 541.1 crore versus Rs 500 crore (YoY)
-EBITDA down 4.7 percent at Rs 103.4 crore versus Rs 108.5 crore (YoY)
-EBITDA margin at 19.1 percent versus 21.7 percent (YoY)


Financial Technologies Q2
-Net profit at Rs 28.4 crore versus Rs 1.7 crore (YoY)
-Income from operations down 0.3 percent at Rs 39 crore versus Rs 39.1 crore (YoY)
-EBITDA loss at Rs 25.9 crore versus loss of Rs 28.9 crore (YoY)

NSE Listings
-Sanco Industries
-Poddar Pigments

USFDA approvals
-Torrent Pharma gets US FDA approval for Darifenacin hydrobromide tablets
Alert: Darifenacin hydrobromide is used to treat overactive bladders
-Aurobindo Pharma gets tentative US FDA approval for Lurasidone hydrochloride tablets
Alert: Lurasidone hydrochloride is used to treat schizophrenia, bipolar disorders

Other stocks and sectors that are in news today:
-Asian Oilfield receives orders worth Rs 140 crore from Oil India
-Multibase acquisition window starts from November 22 to December 5
-Muthoot Capital - CRISIL downgrades long term rating from A to A-
-Sundaram Multi Pap board meeting on November 24 to determine issue price of qualified institutional placement (QIP)
-Axis Bank proposal to raise up to Rs 1,800 crore via non-convertible debentures (NCDs)
-Brigade Enterprises to partner with Microsoft & Intel to benefit startups
-Axis Bank cuts deposit rates between 25-50bps
-PNB, Bank of Baroda, IDBI Bank, Syndicate Bank cut deposit rates between 10-40bps
-Vedanta looks to raise captive power generation capacity
-Indian Hotels to convene EGM on December 20 to consider removal of Cyrus Mistry as director
-Khaitan Electricals board in principle agrees to strategic debt restructuring scheme
-Tantia Construction allots 99.19 lakh shares to promoters at Rs 21.26/share to promoters under corporate debt restructuring

Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year.

First Published on Nov 22, 2016 08:00 am
Follow us on