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Stocks in news: SBI, TCS, Tata Steel, Cipla, SBT, SBBJ, Cyient

SBI | TCS | Sun Pharma | Tata Steel | Cipla | Hindalco Industries | Petronet LNG | State Bank of Bikaner and Jaipur | State Bank of Mysore | State Bank of Travancore | Cyient | Reliance Defence and Bharat Forge are stocks, which are in the news today.

February 16, 2017 / 09:48 IST
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Here are stocks that are in news today:

Nestle Q4-Net profit down 8.7 percent at Rs 167.3 crore versus Rs 183.2 crore (YoY)-Total income up 16.7 percent at Rs 2,286.2 crore versus Rs 1,959.5 crore (YoY)-EBITDA up 15.1 percent at Rs 446.3 crore versus Rs 387.7 crore (YoY)-EBITDA margin at 19.5 percent versus 19.8 percent (YoY)-Provision for contingencies at Rs 81 crore

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Supreme Infra-Approves issue of securities up to Rs 125 crore by way of QIP-Approves issue of securities up to Rs 200 crore by way of rights issue-Approves issue of securities up to Rs 200 crore to promotersReliance Infrastructure: Sources-Reliance Infrastructure-Brookfield talks may have failed; company may raise fund via Infrastructure Investment Trusts (InvIT)-Reliance Infrastructure-Brookfield talks may have failed on valuation concerns-Brookfield may have lost appetite after buying Gammon's road assets-Reliance Infrastructure may look to monetise roads portfolio-Reliance Infrastructure's InvIT likely to have all 11 road assets of the companyAlert: Reliance Infrastructure has in-principle approval from government for an InvITAlert: Apart from Reliance Infrastructure, IRB Infra & IL&FS have nod for InvIT

Other stocks and sectors that are in news today:-TCS board to consider share buyback on February 20 (promoter holds 73.33 percent stake in the company)-Cabinet approves merger of SBI with associate banks - State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore-Trade Union members support Tata Steel's proposal to close pension scheme in UK-Cipla gets US FDA nod for Oxaliplatin Injectable (used to treat colorectal cancer)-Sun Pharma gets tentative US FDA nod for Tadalafil tablets (used to treat erectile dysfunction & arterial hypertension)-Hindalco subsidiary Novelis to lay off staff in Korea, US to cut costs-NTPC plans to make cement, seeks partners-Sun Pharma looking to shift facility from Halol-Deepak Fertiliser expands product portfolio-Telecom stocks in focus: TRAI to stand by Rs 3,050 crore fine-Petronet LNG gets first cargo of LNG from Australia-South Indian Bank's ex-date for 1:3 rights issue; F&O lot size revised to 33141-Compuage Infocom's ex-date for 1:5 stock split-Commercial Syn Bags - CRISIL reaffirms rating of BBB and A3+-R&B Denim resumes normal operations at factory-Indo Amines approved amalgamation of Classic Oil & Sigma Solvents with itself-Sagar Cements successfully completed QIP-Centum Electronics inaugurated manufacturing facility in Bangalore-Magma Fincorp seeks approval of company members for issue of non-convertible debentures (NCDs) up to Rs 2,000 crore-Bharat Forge in focus: Kalyani Group & Israel Aerospace to form JV in India to manufacture specific air defense systems-Next Mediaworks approved issue of shares worth Rs 35 crore on preferential basis to promoter-Maruti Suzuki launches Ertiga limited edition starting from Rs 7.85 lakh ex-showroom in Delhi-Jagran Prakashan commenced broadcast from Madhurai radio station-Cyient subsidiary signed agreement with Italian company for joint market development of products in electric power generation-Reliance Infrastructure in focus: Reliance Defence signs MoU with UAE company to collaborate on advanced aerospace manufacturing-Parag Milk eyes 22 percent market share in Whey protein market: Mint-Saab-Adani in talks for fighter jet manufacturing deal: Mint-Jet Airways may order at least 50 Boeing 737 Max planes this year: Mint

first published: Feb 16, 2017 08:00 am

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