Here are stocks that are in news today:
Bank of India-Raises Rs 1,500 crore by issue of Basel-III compliant Tier II bonds-Bonds bear coupon rate of 8.75 percent per annum-Bonds rated AA+ by CRISIL
HDFC Bank-Cuts marginal cost of funds-based lending rate (MCLR) by 5 bps in some tenors-Cuts 1-Year MCLR by 5 bps to 9.1 percent; 3-year by 5 bps to 9.25 percent
Tata Steel-To hold board meet today on UK sale-Likely to defer asset sale for now
Tata Motors-JLR posts record H1 sales on robust Europe demand-JLR sales for H1 up 22 percent with 2.91 lakh units soldJune auto sales-JLR retail sales up 17 percent at 46,456 versus 39,602 units (YoY)-Jaguar sales up 84 percent at 13,171 versus 7,155 units (YoY)-Land Rover sales up 2.6 percent at 33,285 versus 32,447 units (YoY)
Zee Learn Q1FY17: Sharp expansion in margins YoY-Total income up 17.5 percent at Rs 42 crore-EBITDA up 58 percent at Rs 12.9 crore-Margins at 30.7 percent versus 22.9 percent-Marketing & advertising expenses down 52 percent at Rs 2.2 crore versus Rs 4.7 crore-Higher other income at Rs 1.7 crore versus Rs 0.6 crore-PAT up 103 percent at Rs 8.01 crore versus Rs 3.95 crore
Mangalam Organics Q1 YoY-Total income at Rs 45.6 crore versus Rs 51.9 crore-EBITDA at Rs 3.8 crore versus loss of Rs 5.5 crore-Other expenses at Rs 2.3 crore versus Rs 7.4 crore-PAT at Rs 90 lakh versus loss of Rs 36.9 crore-Exceptional loss of Rs 28.3 crore by fire-Will be reversed when insurance claim settles
Hanung Toys-Application before Board for Industrial and Financial Reconstruction (BIFR) for financial reconstruction has been abated-Company to appeal against BIFR order in Appellate Authority for Industrial and Financial Reconstruction
Indo Count-Launches 3 new brands in US market-US unit signs licensing partnership with Walker Greenbank UK for 3 brands-Licensing partnership signed for Sanderson, Harlequin & Scion brands
Gujarat Gas-Gets grant of authorisation for city gas distribution (CGD) network in Anand & Panchmahal-Gets 300 months of infra exclusivity for each CDG network-Gets 60 months of marketing exclusivity for each CDG network
Circuit filter revisions-UB Holdings revised from 20 percent to 10 percent-Store One Retail revised from 20 percent to 10 percent-Southern Online Bio Tech revised from 20 percent to 10 percent-GTL Infrastructure revised from 20 percent to 10 percent
Corporate Actions - Ex-dividend today-Dewan Housing Rs 2/share-Abbott India Rs 35/share-Cairn India Rs 3/share-Tata Coffee Rs 1.3/share-MindTree Rs 3/share-SKF India Rs 15/share
Other stocks and sectors that are in news today:-Aurobindo Pharma receives US FDA approval for Methenamine Hippurate oral tablets (used to treat and prevent urinary tract infections)-Piramals, JSW Cement among 3 companies in final shortlist to bid Lafarge's India assets-DLF shortlists 6 potential buyers for sale of 40 percent stake in rental arm DLF Cyber City Developers-Sobha gets shareholder nod to issue non-convertible debentures (NCDs) for up to Rs 500 crore-Aurobindo Pharma, Emcure, Hetero, Laurus, Lupin and Cadila sign Medicines Patent Pool (MPP) drug license deals-Mahindra Holidays - Caribia Service, Finland a step-down unit has been liquidated from July 4-Prithvi Softech board has decided not to carry on the NBFC business via subsidiary-Latestone.com owned by Palred Tech achieves break even on direct cost basis-Mutual funds sell entire 2.5 percent stake in Ricoh: BS-Indian Hotels gets shareholder nod to sell interest in IHMS Boston, owned by United Overseas Holdings-Astec - ICRA upgrades long term ratings to ICRA A- from ICRA BBB-Garware Wall Ropes - ICRA upgrades long term ratings to ICRA AA- from ICRA A+-MMTC to auction gold collected under monetization scheme-Vedanta to rejig Odisha operations: BS-GTL Infra Projects, Viji Finance listing on NSE on July 11
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