Here are stocks that are in news today:
Results today: Radico Khaitan
Just Dial Q1-Net profit up 7.9 percent at Rs 38.9 crore versus Rs 36.05 crore (YoY)-Total income up 6.2 percent at Rs 176.3 crore versus Rs 166 crore (YoY)-EBITDA down 35.2 percent at Rs 29.3 crore versus Rs 45.2 crore (YoY)-EBITDA margin at 16.6 percent versus 27.2 percent (YoY)
Flex Foods Q1-Net profit down 16.7 percent at Rs 2 crore versus Rs 2.4 crore (YoY)-Total income up 21.8 percent at Rs 20.1 crore versus Rs 16.5 crore (YoY)-EBITDA up 4.4 percent at Rs 4.7 crore versus Rs 4.5 crore (YoY)-EBITDA margin at 23.4 percent versus 27.3 percent (YoY)
Piramal Enterprises-To acquire US-based company Ash Stevens for USD 43 million earn-out consideration of USD 10 million-Acquisition of Ash Stevens will be completed by August-end-Earn-out consideration of USD 10 million will be payable for next 6 months
Hero MotoCorp says-Sunil Munjal will not be classified as promoter after his term as MD ends-Sunil Munjal to continue to hold 0.02 percent of issued & paid-up share cap of company
Tree House-Board approves revised merger scheme with Zee Learn-Shareholders will get shares in Zee Learn in ratio of 1:1 post merger
High Ground Enterprise-Increase share capital from Rs 11 crore to Rs 15 crore-Issue 1:10 bonus shares
Other stocks and sectors that are in news today:-Astral Poly to discontinue raw material sourcing tie-up and processor/license agreements with Lubrizol with effect from October 9-Siti Cable Network name changed to Siti Networks-Ambuja Cements' 58.44 crore shares of Rs 2 each to be listed w.e.f. August 17 pursuant to amalgamation of Holcim India with itself-S&P upgrades Tata Motors long term rating from BB to BB+ and upgrades JLR Automotive long term rating from BB to BB+-Brickwork downgrades Dhanlaxmi Bank long term rating from BB+ to BB-Nila Infra to build medical college & residence in Rajasthan for Rs 87.46 crore-Bodhtree Consulting board meeting on August 20 to consider issue of convertibles / QIP / preferential issue-Indian Overseas Bank to issue equity shares on preferential basis worth Rs 1,551 crore to Government of India-Wipro successfully launched managed file transfer as a service on Microsoft Azure-Tata Power subsidiary company sells 50 percent stake in OTP Geothermal Pte-Tata Power commissions 100 MW solar power plant for NTPC-Minda Corporation forms a JV with Shandong Beiqi Hai Hua Auto-UFO Moviez sues 20 cinema operators for breach of contract-HC admits Tata Capital's petition to recover Rs 29 crore dues from 3i Infotech-Temasek invests USD 18 million in ICICI Bank, as the bank moves to clear bad loans-Nestle to enter kids breakfast cereal, market pegged at Rs 1,300 crore-Shriram Transport approves non-convertible debentures issue worth Rs 25 crore
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