Stocks in news: SBI, M&M, BHEL, Coal India, ICICI, Cipla

ITC-In asset purchase agreement with Johnson & Johnson-To acquire Savlon & Shower to shower from Johnson & Johnson

Titan-In advanced negotiations to invest about USD 30 million (Rs 187 crore) in online jewellery retailer CaratLane for 15 percent equity stake: ET-The deal is likely to be signed in a few weeks-Values CaratLane's Rs 1,200 crore-CaratLane was last valued at Rs 750 crore in October 2014, when Tiger Global invested USD 31 million in it

Pharma stocks in focus-Pharma exports may miss target on regulatory delays-Industry body Pharmexcil expects growth to be only half of 10 percent target for FY15: ET

IndusInd Bank-Is in the process of scrapping its insurance partner Aviva for a venture with Birla Sun Life Insurance as it is losing traction amid uncertain future-The UK parent declared that it plans to exit India: ET

Amulya Leasing & Finance: Board meeting on February 23-The proposal of merger of Apollo Pipes (a 50.96 percent subsidiary Company) with the company-The proposal to raise funds for business expansion/diversification through various means like private equity fund, preferential allotment/public offering of warrants/equity shares, preference shares, debentures, ADR/GDR etc

Tata Steel says-Tata Steel Europe to acquire Nordic Strip Products Services Centres-Tata Steel Europe to acquire 3 service centres in Sweden, Finland & Norway-Tata Steel Europe to acquire remaining 50 percent stake in service centre Norsk Stal Tynnplater in Norway Hindalco says-Net sales aided by higher volumes & strong aluminium realisation-Aluminium LME has been moving with strength-Copper LME has corrected USD 2,000 per tonne in past 6 months

GSK Pharma says-Parent company enters inter-conditional agreement with Novartis AG-GSK Plc will acquire Novartis’ vaccines business and manufacturing units-GSK Plc will sell rights to marketed oncology portfolio to Novartis-Transaction will be profit neutral for the company

Sun Pharma's Sudhir Valia to invest Rs 100 crore in Pay Point-Sudhir Valia to acquire 50 percent stake in Pay PointAlert: Pay Point has applied for payments bank licenceAlert: Valia's investment in Pay Point is in his personal capacity

Infosys to CNBC-TV18-NASSCOM guidance understated by 2-3 percent due to currency impact-Business environment continues to remain volatile-Europe business continues to see pressure-Seeing marginal uptick in North America market-Will have more clarity on FY16 outlook by April-Attrition is coming down, may come to 12-14 percent in next 2-3 quarters

IndiGo President Aditya Ghosh says-Not in talks with foreign investors w.r.t. stake sale-Nothing new on IPO; have no plans to list airline yet-Looking at expanding company's international fleet-Will largely remain a domestic carrier

Coal India Q3:       -Consolidated net profit down 16.2 percent at Rs 3,262.5 crore versus Rs 3,894 crore (YoY)-Consolidated net sales up 4.9 percent at Rs 17,763 crore versus Rs 16,928 crore (YoY)-Consolidated EBITDA down 15.2 percent at Rs 3,480 crore versus Rs 4,104 crore (YoY)-Consolidated operating margin at 19.6 percent versus 24.2 percent (YoY)

Provogue India Q3-Net loss at Rs 21.8 crore versus profit of Rs 6.6 crore (YoY)-Total income down 12.1 percent at Rs 142 crore versus Rs 161.6 crore (YoY) SPML Infra Q3-Net profit at Rs 7.6 crore versus loss of Rs 55.8 crore (YoY)-Net sales up 18.1 percent at Rs 296 crore versus Rs 250.6 crore (YoY)

Shriram EPC Q3-Net loss at Rs 35.9 crore versus loss of Rs 12.4 crore (YoY)-Total income down 30.5 percent at Rs 134.7 crore versus Rs 193.9 crore (YoY)

Bajaj Electricals Q3-Net loss at Rs 52.3 crore versus profit of Rs 20 crore (YoY)-Total income at Rs 1,029.3 crore versus Rs 1,027.4 crore (YoY)-EBITDA loss at Rs 35 crore versus EBITDA of Rs 58 crore (YoY)

Future Retail Q3-Net profit at Rs 5.3 crore versus loss of Rs 8 crore (QoQ)-Total income up 4.3 percent at Rs 2,655 crore versus Rs 2,546 crore (QoQ)-EBITDA up 16.6 percent at Rs 309 crore versus Rs 265 crore (QoQ)-Operating margin at 11.6 percent versus 10.4 percent (QoQ)

UB Holdings Q3-Net profit at Rs 2 crore versus loss of Rs 3.6 crore (YoY)-Total income down 37.8 percent at Rs 87.6 crore versus Rs 140.9 crore (YoY)Alert: UB Holdings had exceptional gain of Rs 75.6 crore in Q3FY14

Gillette India Q2-Net profit at Rs 36.9 crore versus Rs 11 crore (YoY)-Net sales up 16.7 percent at Rs 498 crore versus Rs 426.6 crore (YoY)

Shrenuj & Company Q3-Consolidated net profit at Rs 20.6 crore versus Rs 20.9 crore (YoY)-Consolidated net sales up 46.2 percent at Rs 1,867.6 crore versus Rs 1,277.2 crore (YoY)

Gitanjali Gems Q3-Consolidated net profit up 90.1 percent at Rs 96 crore versus Rs 50.5 crore (YoY)-Consolidated total income up 25 percent at Rs 3,449.7 crore versus Rs 2,759.6 crore (YoY) Gujarat Gas Q3-Consolidated net profit down 15.1 percent at Rs 76.9 crore versus Rs 90.6 crore (YoY)-Consolidated total income down 23.3 percent at Rs 598.4 crore versus Rs 780.2 crore (YoY) Mangalore Chemicals Q3-Net loss at Rs 29.3 crore versus profit of Rs 27.9 crore (YoY)-Total income at Rs 284.5 crore versus Rs 840.5 crore (YoY)

Clariant Chemicals Q3-Net profit at Rs 844 crore versus loss of Rs 6.1 crore (YoY)-Total income down 17.2 percent at Rs 232.3 crore versus Rs 280.6 crore (YoY)-1-time gain at Rs 1,083.4 crore versus 1-time loss of Rs 14 crore (YoY)

Valecha Engineering Q3-Net loss at Rs 17.5 crore versus profit of Rs 6.2 crore (YoY)-Income from operations down 0.9 percent at Rs 161 crore versus Rs 162.5 crore (YoY)

Bombay Rayon Q3-Net loss at Rs 22.8 crore versus loss of Rs 21.5 crore (YoY)-Net sales up 6.9 percent at Rs 880 crore versus Rs 822.9 crore (YoY)

Tourism Finance Corp Q3-Net profit up 6.1 percent at Rs 15.7 crore versus Rs 14.8 crore (YoY)-Total income up 5.4 percent at Rs 45.2 crore versus Rs 42.9 crore (YoY)

Cipla Q3-Consolidated net profit up 15.3 percent at Rs 328 crore versus Rs 284 crore (YoY)-Consolidated revenue up 6.5 percent at Rs 2,765 crore versus Rs 2,596 crore (YoY)-Consolidated EBITDA up 18.5 percent at Rs 554 crore versus Rs 467 crore (YoY)-Consolidated operating margin at 20 percent versus 18 percent (YoY)-Cipla to acquire 60 percent stake in Jay Precision Pharma for Rs 96 croreCipla says-Jay Precision is existing supplier of respiratory devices to company-Deal with Jay Precision aimed at integrating the value chain

SpiceJet Q3-Net loss at Rs 275 crore versus loss of Rs 172.8 crore (YoY)-Total income down 27.5 percent at Rs 1,311.2 crore versus Rs 1,808 crore (YoY)

Claris Life Q4-Consolidated net profit at Rs 89.8 crore versus Rs 17.7 crore (YoY)-Consolidated total income up 23.1 percent at Rs 182.6 crore versus Rs 148.3 crore (YoY)-Tax writeback of Rs 37.3 crore versus tax expense of Rs 1 crore (YoY)

Max India Q3-Net profit at Rs 329.2 crore-Total income at Rs 416.4 crore (YoY)

Tata Communications Q3-Consolidated net profit up 17.4 percent at Rs 108.5 crore versus Rs 92.4 crore (QoQ)-Consolidated total income down 3.1 percent at Rs 4914.5 crore versus Rs 5071.6 crore (QoQ) Amtek Auto Q3-Net profit down 9.2 percent at Rs 70.8 crore versus Rs 78 crore (YoY)-Total income up 24.6 percent at Rs 1,119 crore versus Rs 898.2 crore (YoY) GOL Offshore Q3-Net loss at Rs 16.6 crore versus profit of Rs 24.5 crore (YoY)-Total income up 22.4 percent at Rs 278 crore versus Rs 227.2 crore (YoY)

Hotel Leela Q3-Net loss at Rs 125 crore versus loss of Rs 100.6 crore (YoY)-Total income up 5.7 percent at Rs 213.6 crore versus Rs 202 crore (YoY)

Amtek India Q3-Net profit down 8.5 percent at Rs 54.9 crore versus Rs 60 crore (YoY)-Total income up 23.6 percent at Rs 821.4 crore versus Rs 664.8 crore (YoY)-Amtek India changes name to Magnum Castings

Jayaswal Neco Q3-Net loss at Rs 44.5 crore versus profit of Rs 23.9 crore (YoY)-Total income down 18.9 percent at Rs 703 crore versus Rs 864.9 crore (YoY)-Extraordinary items at Rs 73.1 crore

MTNL Q3-Net loss at Rs 730.8 crore versus loss of Rs 834.2 crore (QoQ)-Total income down 4 percent at Rs 817 crore versus Rs 850.7 crore (QoQ)

Triveni Engineering Q3-Consolidated net loss at Rs 32.7 crore versus loss of Rs 29.7 crore (YoY)-Consolidated total income down 1.5 percent at Rs 581.7 crore versus Rs 590.5 crore (YoY)

Glenmark Pharma Q3-Consolidated net profit down 46.4 percent at Rs 115 crore versus Rs 214 crore (YoY)-Consolidated total income up 6.2 percent at Rs 1,701 crore versus Rs 1,601.7 crore (YoY)-Consolidated EBITDA down 27.3 percent at Rs 265 crore versus Rs 365 crore (YoY)-Consolidated operating margin at 15.6 percent versus 22.8 percent (YoY)

Trident Q3-Net profit down 52.7 percent at Rs 24.1 crore versus Rs 50.9 crore (YoY)-Total income down 8.8 percent at Rs 931.3 crore versus Rs 1,020.9 crore (YoY)

BHEL Q3-Net profit down 69.4 percent at Rs 212.6 crore versus Rs 694.8 crore (YoY)-Net sales down 28.2 percent at Rs 6,078 crore versus Rs 8,462.4 crore (YoY)-EBITDA down 70.2 percent at Rs 294 crore versus Rs 986 crore (YoY)-Operating margin at 4.7 percent versus 11.4 percent (YoY)-Power EBIT at Rs 458.7 crore versus Rs 1,208 crore (YoY) -Power EBIT margin at 9.4 percent versus 16.5 percent (YoY)-BHEL says outstanding order book at Rs 1.04 lakh crore as on December 31

Sobha Q3-Consolidated net profit up 3.4 percent at Rs 60.1 crore versus Rs 58.1 crore (YoY)-Consolidated total income up 25.7 percent at Rs 684.4 crore versus Rs 544.3 crore (YoY)-Consolidated EBITDA up 3.4 percent at Rs 154 crore versus Rs 149 crore (YoY)-Consolidated operating margin at 22.5 percent versus 27.4 percent (YoY)

Indraprastha Gas Q3-Net profit up 20.9 percent at  Rs 108.2 crore versus Rs 89.5 crore (YoY)-Total income down 9.1 percent at Rs 944.4 crore versus Rs 1,039.3 crore (YoY)-EBITDA down 1.6 percent at Rs 192 crore versus Rs 195 crore (YoY)-Operating margin at 20.3 percent versus 18.8 percent (YoY)

Sunil Hitech Q3-Net profit up 44.4 percent at Rs 9.1 crore versus Rs 6.3 crore (YoY)-Total income up 15 percent at Rs 417.2 crore versus Rs 362.7 crore (YoY)

NRB Bearing Q3-Net profit up 41.4 percent at Rs 12.3 crore versus Rs 8.7 Crore (YoY)-Total income up 10.2 percent at Rs 166.4 crore versus Rs 151 crore (YoY)

Ahluwalia Contract Q3-Net profit at Rs 13.6 crore versus Rs 2.5 crore (YoY)-Total income up 11 percent at Rs 267.2 crore versus Rs 240.7 crore (YoY)

Lanco Infra Q3-Consolidated net loss at Rs 641.7 crore versus loss of Rs 503.2 crore (YoY)-Consolidated total income down 9 percent at Rs 2181.4 crore versus Rs 2397.4 crore (YoY)

Other stocks and sectors that are in news today:-RBI says FIIs/FPIs can now invest up to 49 percent in Lupin-Telecom stocks in focus: Supreme Court to hear telecom companies' plea for licence extension on February 18-BHEL/NALCO/NMDC: Government official says cabinet approved stake sale in BHEL, NALCO & NMDC: NewsRise-Sun Pharma/Suzlon: Dilip Shanghvi to pick stake in Suzlon: ET-Bank of India plans to pick up nearly 20 percent stake in a payments bank: ET-PNB has raised Rs 1500 crore through Basel III compliant perpetual debt instruments in the nature of debentures for inclusion in additional Tier I capital at an annual coupon of 9.15% per annum-Agro Dutch Industries: The consortium lenders of the company has taken over the possession of Can unit situated at Punjab under SARFESI Act, 2002-Axis Bank allotted unsecured redeemable non convertible subordinated debentures (Basel - III compliant Tier II debentures) aggregating to Rs 850 crore-KSS entering into an agreement for opening a new division of Film distribution in the state of Delhi, UP and Punjab-Kansai Nerolac seeks shareholder approval to subdivide equity share of the company having a face value of Rs 10 each into 10 equity shares of face value of Re 1 each-Ravi Kumar Distilleries approved selling the stake of the company in SV Distilleries Private Limited, Bidar-UltraTech Cement says no proposal to buy grinding unit of Binani Cements-Vakrangee appointed national business correspondent across India for State Bank of India-Sadbhav Engineering has signed an agreement with Gammon Infrastructure Projects to sell 19.99 percent stake in Mumbai Nasik Expressway for Rs 72 crore: ET-Spicejet is working to sharply reduce the number of vice-presidents to five from 20 as it seeks to rationalize staff: ET