Stocks in news: SBI, L&T, Tata Steel, Crompton, Ipca, Jet

Hero Motocorp-Has decided to expedite the launch of a slew of scooters-Including a unisex scooter developed on a new platform that will be pitched against Honda's best-selling Activa: ET

Crompton Greaves-Avantha Group has decided to sell the industrial division of Crompton Greaves and retain the consumer business, changing once again its strategy on the group flagship that manufactures transformers and switchgear to home appliances and electronic surveillance equipment.-Group in talks with Japan's Nidec & Minebea, expects a valuation of around Rs 4,900 crore for the business: ET

Asahi India Glass-KKR India is set to invest about Rs 600 crore in two companies, Gurgaon-based Asahi India Glass and Chennai-based Archean Group, through a structured debt transaction-Asahi will receive Rs 200 crore funding.-Archean will get its second tranche of funding, worth Rs 400 crore: BS

Future Consumer says-Integrated Food Park (IFPPL) becomes subsidiary of company-Company now holds 73.89 percent of paid-up capital of IFPPL

NMDC-Cuts iron ore lumps prices for February by Rs 450 to Rs 3,750/tonne-Cuts iron ore fines prices for February by Rs 300 to Rs 2,760/tonne

Future Retail-Board approves pricing of rights issue-Prices 14.93 crore rights issue shares at Rs 103/share (including Rs 101 premium)-Prices 99.47 lakh class B shares at Rs 50.25/share (including Rs 48.25 premium)

Defence secretary says-See scope for PSUs to enter into JV with private companies-Took steps to give level playing field to PSUs, private defence companies-Many PSUs need restructuring-Divestment of Hindustan Aeronautics very much on government agenda-Sale of 10 percent government stake in HAL unlikely before April-Trying to resolve certain procedural issues on proposed HAL IPO

CCI approves JSW Energy-Jaiprakash Power Hydro-electric projects dealAlert: JSW Energy to acquire 2 hydro-electric projects from JP power for Rs 9,700 croreAlert: JSW Energy to acquire Baspa, Karcham Wangtoo projects from JP Power

RBI announces additional marginal standing facility todayRBI says-To offer funds to banks for 2 days through MSF-MSF window will remain open between 4-4.30 PM today-Reversal will take place on February 9-RBI says FPIs not allowed to make fresh investments in commercial papers (CPs)

Government-To infuse Rs 6,990 crore in 9 public sector banks in FY15-To infuse Rs 2,970 crore in SBI in FY15-To infuse Rs 1,260 crore in Bank Of Baroda in FY15-To infuse Rs 870 crore in Punjab National Bank in FY15-To infuse Rs 570 crore in Canara Bank in FY15-To infuse Rs 460 crore in Syndicate Bank in FY15-To infuse Rs 320 crore in Allahabad Bank in FY15-To infuse Rs 280 crore in Indian Bank in FY15-To infuse Rs 140 crore in Dena Bank in FY15-To infuse Rs 120 crore in Andhra Bank in FY15

Apollo Tyres Q3-Consolidated net profit down 45.5 percent at Rs 184 crore versus Rs 338 crore (YoY)-Consolidated total income down 12.8 percent at Rs 3,105 crore versus Rs 3,559 crore (YoY)-Consolidated EBITDA down 13.9 percent at Rs 491 crore versus Rs 570 crore (YoY)-Consolidated operating margin at 15.8 percent versus 16 percent (YoY)-Consolidated exceptional loss of Rs 79 croreApollo Tyres says-Appoints Raj Banerji as CFO-CFO Sunam Sarkar appointed president & chief business officer

Jet Airways Q3-Net profit at Rs 63.1 crore versus loss of Rs 267.9 crore (YoY)-Total income up 11.4 percent at Rs 5,051 crore versus Rs 4535.9 crore (YoY)-Exceptional gain of Rs 69.8 crore-EBITDA at Rs 229 crore versus Rs 3 crore (YoY)-EBITDA margin at 4.5 percent versus 0.1 percent (YoY)Jet Airways says-May see real impact of lower fuel prices in Q4-Combined passenger load factor in Q3 up 5.2 percent at 82.1 (YoY)

SMS Pharma Q3-Net profit up 38.1 percent at Rs 11.6 crore versus Rs 8.4 crore (YoY)-Total income up 7.7 percent at Rs 148.1 crore versus Rs 137.5 crore (YoY)

Tata Steel Q3-Consolidated net profit down 68.8 percent at Rs 157.1 crore versus Rs 503.2 crore (YoY)-Consolidated revenue down 8.4 percent at Rs 33,633.2 crore versus Rs 36,735.8 crore YoY-Consolidated operating profit down 23.2 percent at Rs 3,077 crore versus Rs 4,006 crore (YoY)-Consolidated operating margin at 9.1 percent versus 10.9 percent (YoY)-Consolidated other income at Rs 119 crore versus Rs 18 crore (YoY)-Consolidated steel deliveries at 6.3 mt versus 6.39 mt (YoY)-Hot metal production at 2.38 mt, croreude steel production at 2.29 mt-Saleable steel production at 2.22 mt

Technocraft Q3-Net profit at Rs 21.3 crore versus Rs 7.4 crore (YoY)-Total income up 16.7 percent at Rs 217.2 crore versus Rs 186.1 crore (YoY)

Vardhman Polytex Q3-Net loss at Rs 4.2 crore versus profit of Rs 1.7 crore (YoY)-Total income at Rs 235 crore versus Rs 238.2 crore (YoY)

NDTV Q3-Consolidated net profit at Rs 1.6 crore versus loss of Rs 10.4 crore (YoY)-Consolidated total income up 17.9 percent at Rs 150 crore versus Rs 127.2 crore (YoY)

Balaji Telefilms Q3-Consolidated net loss at Rs 6.9 crore versus loss of Rs 5.7 crore (YoY)-Consolidated total income up 68.5 percent at Rs 72.8 crore versus Rs 43.2 crore (YoY)

Kalpataru Power Q3-Net profit up 21.7 percent at Rs 41 crore versus Rs 33.7 crore (YoY)-Total income up 9.1 percent at Rs 1,147 crore versus Rs 1,051.3 crore (YoY)

Pricol Q3-Net loss at Rs 31.3 crore versus profit of Rs 11.9 crore (YoY)-Total income up 5.9 percent at Rs 251.8 crore versus Rs 237.8 crore (YoY)-Exceptional loss of Rs 25 crore

Maharashtra Seamless Q3-Net profit up 66.7 percent at Rs 35 crore versus Rs 21 crore (YoY)-Total income up 31 percent at Rs 349.6 crore versus Rs 266.8 crore (YoY)

Marico Kaya Q3-Consolidated net profit down 4 percent at Rs 12.1 crore versus Rs 12.6 crore (QoQ)-Consolidated total income down 2.5 percent at Rs 86.1 crore versus Rs 84 crore (QoQ)

TV Today Q3-Net profit up 27.7 percent at Rs 26.3 crore versus Rs 20.6 crore (YoY)-Total income up 18.2 percent at Rs 131.7 crore versus Rs 111.4 crore (YoY)TV Today says-Board approves sale of Radio FM business (7 radio stations)-A panel to negotiate terms & conditions with potential buyers for Radio FM business sale

Take Solutions Q3-Consolidated net profit down 1.8 percent at Rs 16.4 crore versus Rs 16.7 crore (YoY)-Consolidated total income down 13 percent at Rs 184.7 crore versus Rs 212.3 crore (YoY)

Heidelberg Cement Q4-Net loss at Rs 9.9 crore versus loss of Rs 6.6 crore (YoY)-Total income up 16.7 percent at Rs 418.4 crore versus Rs 358.6 crore (YoY)

Sun TV Q3-Net profit up 15.3 percent at Rs 214 crore versus Rs 186 crore (YoY)-Net sales up 8.7 percent at Rs 552.4 crore versus Rs 508 crore (YoY)-EBITDA up 15.1 percent at Rs 428 crore versus Rs 372 crore (YoY)-EBITDA margin at 77.5 percent versus 73.2 percent (YoY)-Advertisement revenue up 7 percent at Rs 291.6 crore (YoY)-DTH revenue up 18 percent at Rs 132.88 crore (YoY)-Sun TV announces interim dividend of Rs 6.75/share

Balmer Lawrie Q3-Net profit up 65.8 percent at Rs 36.2 crore versus Rs 22 crore (YoY)-Total income up 12 percent at Rs 712 crore versus Rs 636 crore (YoY)

Tree House Education Q3-Net profit up 24.8 percent at Rs 15.1 crore versus Rs 12.1 crore (YoY)-Total income up 33.5 percent at Rs 53.1 crore versus Rs 39.7 crore (YoY)

Ipca Labs Q3-Net profit down 70.2 percent at Rs 41.5 crore versus Rs 139.1 crore (YoY)-Total income down 11.1 percent at Rs 740.6 crore versus Rs 833 crore (YoY)

Vascon Engineers Q3-Consolidated net loss at Rs 42 crore versus loss of Rs 12.2 crore (YoY)-Consolidated total income down 11.8 percent at Rs 156.7 crore versus Rs 177.7 crore (YoY)

Marksans Pharma Q3-Consolidated net profit up 23.7 percent at Rs 27.7 crore versus Rs 22.4 crore (YoY)-Consolidated total income up 28 percent at Rs 213.3 crore versus Rs 166.7 crore (YoY)

Rolta India Q3-Net profit up 2.7 percent at Rs 76.6 crore versus Rs 74.6 crore (YoY)-Total income up 27.3 percent at Rs 966.7 crore versus Rs 759.2 crore (YoY)

VA Tech Wabag Q3-Consolidated net profit down 36.4 percent at Rs 13.8 crore versus Rs 21.7 crore (YoY)-Consolidated total income up 5.1 percent at Rs 619.4 crore versus Rs 589.3 crore (YoY)-VA Tech Wabag board approves 1:1 bonus issue

J&K Bank Q3-Net profit down 67.4 percent at Rs 104.6 crore versus Rs 321.3 crore (YoY)-NII down 1.2 percent at Rs 638.7 crore versus Rs 646.6 crore (YoY)-Gross NPA at 5.81 percent versus 4.73 percent (QoQ)-Net NPA at 3.22 percent versus 2.46 percent (QoQ)-Provisions up 31.5 percent at Rs 220.4 crore versus Rs 167.6 crore (QoQ)-Capital adequacy ratio (as per Basel III norms) at 12.78 percent versus 12.66 percent (QoQ)

Other stocks and sectors that are in news today:-Apollo Tyres enter race for Kesoram’s tyre unit: ET-BSNL and MTNL will not participate in the spectrum auction which begins on March 4: ET-Cairn India may spend Rs 13,000 crore in developing an oil & gas block in Krishna-Godavari Basin over a period of time even as it geared up to undertake drilling of 64 exploratory & appraisal wells in that block: BS-Marico is revamping strategy for its youth category products such as hair care items and deodorants and is aiming up to 20 percent growth after witnessing stagnation: ET-Inox Group: Inox Wind has received a 166 MW contract from Green Infra: ET-Coal India is likely to scrap its maiden overseas coal production project as the deposits in the acquired blocks are “not good enough to be called coal: ET-India Cements board to mull reorganisation proposal w.r.t Chennai Super Kings-Supreme Infra adds orders worth Rs 413.5 crore in power distribution vertical-Talwalkars Fitness appoints Girish Talwalkar as chairman of company-Bharti Infratel shareholders approve increase in FII investment limit-Technocraft Industries board approves appointment of SK Saraf as CMD-Tata Motors Zest launched in Nepal-Shasun Pharma seeks shareholder nod for merger with Strides Arcolab