Here are stocks that are in news today:
Quess Corp IPO (subsidiary of Thomas Cook)-Oversubscribed 144.5 times-Qualified institutional investors' portion subscribed 59.03 times-Non-institutional investors 392.21 times-Retail investors 34.08 times
June auto salesTata Motors US sales-JLR US sales up 44.2 percent at 8,448 units versus 5,860 units (YoY)-Jaguar US sales up 125.4 percent at 2,743 units versus 1,217 units (YoY)-Land Rover US sales up 22.9 percent at 5,705 units versus 4,643 units (YoY)Tata Motors India sales-Total sales up 8 percent at 44,276 units versus 40,869 units (YoY)-Total domestic sales up 8 percent at 38,673 units (YoY)-Exports up 11 percent at 5,603 units versus 5,046 units (YoY)-Light commercial vehicle sales up 14 percent at 16,017 units (YoY)-Medium & heavy commercial vehicle sales down 11 percent at 10,147 units (YoY)-Passenger vehicle sales up 37 percent at 11,705 units versus 8,516 units (YoY)-Hatchback sales grew by over 100 percent due to strong demand for TiagoHero MotoCorp-Total sales up 1.3 percent at 5.49 lakh units versus 5.42 lakh units (YoY)TVS Motor-Total sales up 11 percent at 2.47 lakh units versus 2.22 lakh units (YoY)-Exports down 9.1 percent at 39,112 units versus 43,025 units (YoY)-Total two-wheeler sales up 13.8 percent at 2.40 lakh units versus 2.11 lakh units (YoY)-Three-wheeler sales down 35.8 percent at 7,128 units versus 11,097 units (YoY)SML Isuzu-Sales up 2 percent at 1560 units YoY
Fertiliser companies-Government decides to reduce prices of key fertilisers-Diammoniaum Phosphate prices (DAP) cut by Rs 2000 per tonne-Muriate of potash (MoP), nitrogen phosphate prices cut by Rs 4000 per tonne
Cement sector-5 final contenders for Lafarge;s India operations to submit bids today-JSW Cement with Bain and CVC to take on Piramals and Nirma, Cemex, Anhui Conch
MOIL-Prices reduced by 10-15 percent across products for July-September quarter-Electrolytic manganese dioxide (EMD) prices unchanged for July-September quarter
Castex Technologies, Standard Chartered-Hedge funds move UK court against Castex, Stanchart over share dealing: ET-Suit alleges bank passed useless shares onto the hedge funds
Trigyn Technologies-Company says unit's IT & communication contract with United Nations extended by 1 year-Board meeting on July 9 to approve scheme of capital reduction
FDC-USFDA inspected Waluj Facility on July 1 with 2 minor observations-Company receives establishment inspection report from USFDA for Baddi facility
Speciality Restaurants-Opens Hoppipola outlet in Hyderabad-Closes Mainland China outlet in Gurgaon & Chennai
Corporate actions - Ex-dividend-Ultratech Cement Rs 9.5/share-JSW Steel Rs 7.5/share-eClerx Services Re 1/share-Radico Khaitan 80 paise/share-Tata Sponge Rs 10/share
SBI-Sells 5 percent stake in NSE for Rs 911 crore to Mauritius-based Veracity Investments-Post transaction, SBI holds 5.19 percent stake in NSE, unit SBICAPS holds 4.33 percentAlert: Mauritius-based Veracity Investments a part of ChrysCapitalAlert: SBI, ChrysCapital deal values NSE at over Rs 18,200 crore
MTNL-Gets income tax refund amounting to Rs 112.95 crore for year 2000-01-Tax refund includes Rs 52.35 crore towards interest on refund
Coal India-June production at 42.72 million tonnes (MT) versus target of 43.31 MT-June offtake at 44.96 MT versus target of 47.52 MT
Adani Transmission-Signed agreement with GMR Energy to acquire 74 percent stake in Maru Transmission-Company has option to acquire 100 percent stake in Maru Transmission-Cost of acquisition at Rs 44.66 crore (100 percent stake valued at Rs 60.35 crore)
Indian Hotels-Overseas unit sells 5.1 percent stake in Belmond worth USD 49.57 million-Post sale, unit Samsara Properties to hold 0.44 percent in Belmond
Bosch-Board approves buyback of 8.78 lakh shares at Rs 23,000/share (value Rs 2,019.7 crore)-Board notes intention of promoter, ‘Robert Bosch GmbH’ to participate in buyback
Jubilant Industries says-Unit Jubilant Agri & Consumer Products discontinues operations in Kapasan, Rajasthan-Kapasan unit is an unlisted subsidiary of company-Manufacturing operations temporarily suspended due to unfavourable market conditions-Revenue contributed by unit in FY16 was Rs 4 crore, net worth Rs 50.43 crore
NMDC-Keeps prices of fines for July 2016 unchanged: Sources-Cuts lumps price by Rs 90/tonne-Cuts direct reduced calibrated lumps ore (DRCLO) prices by Rs 110/tonne
Other stocks and sectors are in news today:-Alkem Labs receives tentative US FDA nod for Olmesartan medoxomil tablets (Used to treat high blood pressure/hypertension)-Adani plans USD 1.5 billion copper smelter to boost solar ambitions: Reuters’ sources-Wockhardt has given corporate guarantee to secure USD 250 million term loan for Wockhardt Bio AG-Snowman Logistics to invest approximately Rs 17 crore in new project at Krishnapatnam-Camlin Fine board approves issue price of Rs 85.40/share for QIP issue-Bombay HC approves amalgamation of GeeCee Logistics with GeeCee Ventures-Solar Industries gets shareholder nod for sub-division of shares-Indraprastha Gas announces 25 paise per kg hike in CNG price in New Delhi-Jaiprakash Associates board to meet on July 4 to review progress of divestment plans-IFC to invest Rs 134 crore in Future Consumer Enterprise-Bajaj Electricals launches new range of kitchen appliances-MPS completes acquisition of digital platform company Magplus-Future Group, Aditya Birla Fashion in race to bid for Jabong-Tata Steel may halt UK plant auction after Brexit-TVS Motor drags Bajaj Auto to HC over disparaging advertisements: ToI-Expert government panel defers green clearance to NTPC's Rs 18,000 crore plant in Madhya Pradesh-Sanofi, Boehringer Ingelheim seek Competition Commission of India nod for Asset swap-ITC to add 7 boutiques of luxury chocolate brand Fabelle-IL&FS Investment Managers to raise USD 500 million infra fund-Muthoot Finance - CRISIL upgrades long term debt rating from AA-/stable to AA/stable-Phillips Carbon Black - CRISIL upgrades Rs 250 crore commerical papers from A1 to A1+-Manappuram Finance - CRISIL upgrades long term debt to AA-/stable from A+/stable-Indiabulls Housing Finance - CARE revises rating to AAA from AA+-Nirvikara Paper successfully installs duplex board with the annual capacity of 63000 million tonnes-Bombay HC directs sale of 6 vessels of GOL Offshore to settle DVB's debt (USD 33 million due)-Ashapura Intimates Fashion opens EBO in Siliguri, West Bengal-Lloyd Electric & Engineering to explore strategic and financial alternatives to enhance shareholders value-Shree Cement received 5 Star rating from Whitehopleman (UK benchmarking company)
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