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Last Updated : Nov 10, 2014 09:27 AM IST | Source: CNBC-TV18

Stocks in news: L&T, Coal India, Jet, Sesa, FTIL, Crompton

Sesa Sterlite | Bharti Airtel Coal India | Larsen and Toubro | Essar Oil | Jet Airways | Central Bank of India | Bharat Forge | Apollo Tyres | Motherson Sumi | Adani Ports | Adani Power | Financial Technologies and Crompton Greaves are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Results Today: Bharat Forge, Apollo Tyres, Motherson Sumi, Adani Ports, Adani Power, Ipca Labs, Jain Irrigation, Lovable Lingerie, Tata Chemicals, SREI Infra, Shree Cements, REC, Page Industries, Godrej Industries, Dena Bank, Voltamp Transformers, Kalpataru Power, TV Today, Timken India, Solar Industries, Jyoti Structures, IL&FS Engineering, Archies, Omaxe, Mukand, LT Foods, Indiabulls Power, Indiabulls Infrastructure, Gabriel India, Fiem Industries, Fedders Lloyd, Ess Dee Aluminium, ENIL, Dredging Corporation

Goa government to renew additional 8-10 mining leases in next few days: Sources
-Lease for 2 of Sesa Sterlite mines in second list of renewal
Alert: Goa government has so far renewed 13 iron ore mining leases post 2012 ban


Oriental Bank of Commerce (OBC)
-Cuts interest rates on term deposits less than Rs 1 crore by 25-50 bps w.e.f November 10
-Appoints Mallikarjuna Rao as CFO w.e.f November 5

Financial Technologies revamps board of directors
-Financial Technologies inducts Berjis Desai, Anil Singhvi on its board
-Financial Technologies inducts Prashant Desai as executive director on its board
-Financial Technologies says board decides to spin off ODIN as a separate subsidiary

Other stocks and sectors that are in news today:
-Moody's says Bharti Airtel calling off deal with Loop modestly credit negative for company
-Crompton Greaves seeks shareholders nod to hike FII investment limit to 100 percent from 24 percent
-Sintex Industries allots 8.36 lakh shares to FCCB holders
-FAG Bearings board approves purchase of all equity shares of FAG Roller Bearings from remaining shareholders

L&T Q2
-Standalone PAT at Rs 1,042.2 crore versus Rs 864.8 crore (YoY)
-Standalone total income at Rs 12,717 crore versus Rs 12,308.4 crore (YoY)
-Standalone EBITDA at Rs 1,341 crore versus Rs 1,186 crore (YoY)
-Standalone operating margin at 10.5 percent versus 9.6 percent (YoY)
-Standalone infra revenue at Rs 8,898 crore versus Rs 7,215 crore (YoY)
-Standalone infra EBIT margin at 10.1 percent versus 11.9 percent (YoY)
-Standalone power revenue at Rs 1,023 crore versus Rs 1,181 crore (YoY)
-Standalone power EBIT margin at 4.8 percent versus 12.3 percent (YoY)
-Heavy engineering revenue at Rs 805 crore versus Rs 1,064 crore (YoY)
-Heavy engineering EBIT margin at 11 percent versus 15.5 percent (YoY)
L&T says
-Secured orders worth Rs 39,797 crore in Q2
-Consolidated order book stands at Rs 2.14 lakh crore as on September 30
-International order book constituted 27 percent of total order book
-Business sentiment has turned positive
-De-bottlenecking of infra projects thrust areas of government
-Large green field investments in core sectors few quarters away
-Improving macroeconomic conditions encouraged investment interests
-Margin variation in Q2 due to seasonality of project execution
-Lower sales in hydrocarbon due to reduced order book
-Expect FY15 revenue growth to be in range of 10-15 percent
-In line to meet order inflow target of 20 percent growth

Coal India Q2
-Net profit at Rs 2,192 crore versus Rs 3,052 crore (YoY)
-Net sales at Rs 15,678 crore versus Rs 15,411 crore (YoY)
-Operating profit at Rs 2,070 crore versus Rs 2,794 crore (YoY)
-Operating margin at 13.2 percent versus 18.1 percent (YoY)
-Other income at Rs 2,022 crore versus Rs 2,183 crore (YoY)

JP Power Q2
-Net profit at Rs 299.8 crore versus Rs 251.9 crore (YoY)
-Total income at Rs 1,201.4 crore versus Rs 969.2 crore (YoY)
-EBITDA at Rs 944 crore versus Rs 761 crore (YoY)
-Operating margin at 78.6 percent versus 78.5 percent (YoY)

JP Infra Q2
-Net profit at Rs 115.9 crore versus Rs 103.8 crore (YoY)
-Net sales at Rs 855.6 crore versus Rs 796.6 crore (YoY)

Central Bank of India Q2
-Net profit at Rs 102.9 crore versus loss of Rs 1,508 crore (YoY)
-Net profit at Rs 102.9 crore versus Rs 191.6 crore (QoQ)
-NII at Rs 1,827.6 crore versus Rs 1,433.8 crore (YoY)
-Gross NPA at 6.14 percent versus 6.15 percent (QoQ)
-Net NPA at 3.38 percent versus 3.62 percent (QoQ)
-Provisions at Rs 707.7 crore versus Rs 644.8 crore (QoQ), Rs 2,049.1 crore (YoY)
-Capital adequacy ratio (Basel III) at 10.65 percent versus 9.62 percent (QoQ)

Bank Of Maharashtra Q2
-Net profit at Rs 162.9 crore versus Rs 46.8 crore (YoY)
-NII at Rs 991.5 crore versus Rs 876.2 crore (YoY)
-Gross NPA at 4.83 percent versus 4.23 percent (QoQ)
-Net NPA at 3.29 percent versus 2.94 percent (QoQ)
-Capital adequacy ratio 11.65 percent versus 10.75 percent (QoQ)
-Provisions at Rs 293.4 crore versus Rs 236 crore (QoQ), Rs 323 crore (YoY)

Jet Airways Q2
-Net profit at Rs 69.8 crore versus loss of Rs 891 crore (YoY)
-Total income at Rs 4,772.2 crore versus Rs 4,194.7 crore (YoY)
-Other income at Rs 243.5 crore versus Rs 73.1 crore (YoY)
-Exceptional gain at Rs 305 crore
-Exceptional gain from slump sale of JetPrivilege Frequent Flyer Program
Jet Airways
-Board okays raising long-term finance up to USD 300 million
-To raise long-term funds via redeemable preference shares or NCDs or loan from shareholder

Essar Oil Q2
-Net profit at Rs 226 crore versus loss of Rs 71 crore (YoY)
-Net sales at Rs 22,371 crore versus Rs 25,695 crore (YoY)
-Gross refining margin at USD 7.03/barrel versus USD 6.93/barrel (YoY)

Sun TV Network Q2
-Net Profit At Rs 154.5 Crore Versus Rs 169.2 Crore (YoY)
-Total Income At Rs 509 Crore Versus Rs 466.4 Crore (YoY)
-EBITDA At Rs 396 Crore Versus Rs 338 Crore (YoY)
-EBITDA Margin At 77.8 percent Versus 72.4 percent (YoY) 

-Net Profit At Rs 169.5 Crore Versus Rs 114.1 Crore (YoY)
-Total Income At Rs 351.9 Crore Versus Rs 277.4 Crore (YoY)

Mercator Q2 
-Consolidated Net Loss At Rs 3.1 Crore Versus Profit Of Rs 2.9 Crore (YoY)
-Consolidated Total Income At Rs 775.3 Crore Versus Rs 886.4 Crore (YoY)
-Mercator appoints Shalabh Mittal as additional director, and joint MD

Engineers India Q2      
-Net Profit At Rs 58.8 Crore Versus Rs 111.9 Crore (YoY)
-Net Sales At Rs 390.6 Crore Versus Rs 465.2 Crore (YoY)

Religare Enterprises Q2
-Consolidated Net Profit At Rs 11 Crore Versus Loss Of Rs 21.9 Crore (YoY)
-Consolidated Total Income At Rs 940.1 Crore Versus Rs 831.1 Crore (YoY)

Puravankara Projects Q2
-Consolidated Net Profit At Rs 21.4 Crore Versus Rs 46 Crore (YoY)
-Consolidated Total Income At Rs 429.2 Crore Versus Rs 298.3 Crore (YoY)

Polaris Financial Technology Q2
-Consolidated Net Profit At Rs 49.1 Crore Versus Rs 41.8 Crore (QoQ)
-Consolidated Total Income At Rs 476.9 Crore Versus Rs 474.7 Crore (QoQ)
-Company says Arun Jain steps down as managing director

Westlife Development Q2
-Consolidated Net Loss At Rs 13.3 Crore Versus Profit Of Rs 1 Crore (YoY)
-Consolidated Total Income At Rs 187 Crore Versus Rs 183.4 Crore (YoY)

Sundaram Clayton Q2
-Net Profit At Rs 7 Crore Versus Rs 2.8 Crore (YoY)
-Total Income At Rs 344.9 Crore Versus Rs 275.9 Crore (YoY)

Neyveli Lignite Q2
-Net Profit At Rs 259.4 Crore Versus Rs 240 Crore (YoY)
-Total Income At Rs 1,402.5 Crore Versus Rs 1,382.8 Crore (YoY)
-EBITDA At Rs 344 Crore Versus Rs 434 Crore (YoY)
-EBITDA Margin At 24.5 percent Versus 31.4 percent (YoY)

Mirc Electronics Q2
-Net Profit At Rs 0.58 Crore Versus Loss Of Rs 22.8 Crore (YoY)
-Total Income At Rs 272.5 Crore Versus Rs 298.4 Crore (YoY)
-Mirc Electronics appoints Muthu Elango as chief financial officer

-Net Loss At Rs 10.1 Crore Versus Loss Of Rs 10.4 Crore (YoY)
-Total Income At Rs 2,519.8 Crore Versus Rs 7,466.4 Crore (YoY)

Capital First Q2
-Consolidated Net Profit At Rs 27 Crore Versus Rs 7.2 Crore (YoY)
-Consolidated Total Income At Rs 347.6 Crore Versus Rs 260.6 Crore (YoY)

Pricol Q2   
-Net Profit At Rs 9.5 Crore Versus Rs 3.6 Crore (YoY)
-Total Income At Rs 237.5 Crore Versus Rs 219.9 Crore (YoY)

AIA Engineering Q2  
-Consolidated Net Profit At Rs 108 Crore Versus Rs 73.6 Crore (YoY)
-Consolidated Total Income At Rs 572.4 Crore Versus Rs 491.7 Crore (YoY)

Navneet Education Q2  
-Net Profit At Rs 12 Crore Versus Rs 13.5 Crore (YoY)
-Total Income At Rs 147.8 Crore Versus Rs 144 Crore (YoY)        

Akzo Nobel India Q2
-Net profit at Rs 35.7 crore Versus Rs 33.7 crore (YoY)
-Total income at Rs 606.7 crore Versus Rs 576.3 crore (YoY)

Future Lifestyle Q2
-Net Profit At Rs 7 Crore Versus Rs 108.9 Crore (YoY)
-Total Income At Rs 891.9 Crore Versus Rs 710.1 Crore (YoY)
-Other Income At Rs 1.5 Crore Versus Rs 190.8 Crore (YoY)

Ind-Swift Labs Q2
-Net Loss At Rs 18.8 Crore Versus Loss Of Rs 8.6 Crore (YoY)
-Total Income At Rs 162 Crore Versus Rs 237.9 Crore (YoY)

Finolex Cables Q2
-Net Profit At Rs 78.9 Crore Versus Rs 80 Crore (YoY)
-Net Sales At Rs 630.7 Crore Versus Rs 587.5 Crore (YoY)

Repco Home Finance Q2
-Net Profit At Rs 32.7 Crore Versus Rs 29.2 Crore (YoY)
-Total Income At Rs 169.2 Crore Versus Rs 129.9 Crore (YoY)

VA Tech Wabag Q2
-Consolidated Net Profit At Rs 15.6 Crore Versus Rs 17.4 Crore (YoY)
-Consolidated Net Sales At Rs 506.1 Crore Versus Rs 464.6 Crore (YoY)

Sandur Manganese Q2
-Net profit at Rs 12.7 crore Versus Rs 13.1 crore (YoY)
-Net sales at Rs 80.6 crore Versus Rs 79.7 crore (YoY)

DB Realty Q2
-Net Profit At Rs 10 Crore
-Total Income At Rs 80 Crore

KSK Energy Q2
-Consolidated net loss at Rs 82.8 crore Versus loss of Rs 32 crore (YoY)
-Consolidated net sales at Rs 656.3 crore Versus Rs 453.7 crore (YoY)

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First Published on Nov 10, 2014 08:26 am
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