Here are stocks that are in news today:
February Auto Sales: Jaguar Land Rover-JLR North America sales up 16.4 percent at 9,231 units versus 7,921 units (YoY)-Jaguar North America sales up 130.4 percent at 3,484 units versus 1,512 units (YoY)-Land Rover North America sales down 10.4 percent at 5,747 units versus 6,417 units (YoY)Tata Motors-Total sales up 2 percent at 47,573 units versus 46,674 units (YoY)-Domestic sales up 3 percent at 42,679 units versus 41,532 units (YoY)-Passenger vehicle sales up 12 percent at 12,272 units versus 10,957 units (YoY)-Commercial vehicle sales down 1 percent at 30,407 units versus 30,714 units (YoY)-Medium & heavy commercial vehicle sales up 1 percent at 15,031 units versus 14,882 units (YoY)-Bus sales up 30 percent (YoY)-Exports down 5 percent at 4,894 units versus 5,142 units (YoY)Eicher Motors-VE Commercial Vehicle total sales up 9.2 percent at 5,499 units versus 5,032 units (YoY)Hero Motocorp-Total sales down 4.7 percent at 5.24 lakh units versus 5.50 lakh units (YoY)-Company fully transitioned for producing only BS-IV vehicles from March 1-Volumes are gradually picking up due to improvement in consumer sentimentTVS Motor-Total sales down 3.6 percent at 2.11 lakh units versus 2.19 lakh units (YoY)-2-wheeer sales down 2.3 percent at 2.06 lakh units versus 2.11 lakh units (YoY)-Scooter sales up 2.9 percent at 69,0202 units versus 67,089 units (YoY)-Exports up 9.8 percent at 38,215 units versus 34,804 units (YoY)-3-wheeler sales down 37.2 percent at 5,223 units versus 8,319 units (YoY)
Wipro-Completes sale of EcoEnergy division on March 1-EcoEnergy business sale impact will reflect in financials of Q4
Narayana Hrudayalaya-In talks with Panacea Biotec for its Gurgaon Hospital since October, 2015-Due diligence for Panacea's Gurgaon hospital under progress-Have not entered into binding definitive agreement with Panacea so far
SAIL says-Exported 1.03 lakh tonnes of steel in February-During current financial year, company has already exported 6.82 lakh tonnes of steel-Aim exporting 10 percent of production & doubling volumes in FY18-To diversify export basket with cold rolled & galvanised products from Bokaro
Wockhardt-US FDA issues warning letter to Morton Grove Pharmaceuticals-New approvals from Morton Grove to be withheld till resolution-Current portfolio of Morton Grove will continue to be available in the market-Have already initiated measures since several months to address US FDA issues
Grasim-EGM for voting on company's merger with Aditya Birla Nuvo to be held on April 6-Voting on company's merger with Aditya Birla Nuvo to take place from March 6 To April 5
NMDC-Hikes lump ore price by Rs 100/tonne to Rs 2,425/tonne-Hikes fines price by Rs 100/tonne to Rs 2,185/tonne
HCL Technologies-RBI grants NOC for transfer of Geometric's overseas to company-RBI grants NOC to transfer loans provided by Geometric to its unit to company-With RBI NOC, got all regulatory approval for Geometric merger with company
Private banks-Private banks like HDFC Bank, ICICI Bank to start charging transaction fee-HDFC Bank levying cash transaction fees w.e.f March 1-HDFC Bank to levy min amount of Rs 150 beyond 4 free transactions-HDFC Bank caps third party transactions at Rs 25,000 per day-Charges to be applicable on savings as well as salary accounts-ICICI Bank to allow 4 free transactions a month from home branch-ICICI Bank to levy Rs 5,000 from 5th transaction onwards-ICICI Bank caps third party transactions at Rs 50,000 per day
Other stocks and sectors that are in news today:-Glenmark & Evestra announce partnership agreement for generic NuvaRing: Reuters-Trigyn Tech wins 12-year contract for consulting & technology services from IT Department Of Maryland, US-Sun Pharma's Taro receives US FDA nod for Dextromethorphan Hydrobromide syrup 9 (used to treat issues related to cough & cold)-Gujarat Ambuja Exports' buy back window from March 2 to 16-Tata Teleservices circuit filter revised to 10 percent-ICRA's opening of buy back window-Vishal Fabrics' ex-date for rights issue-Techno Electric and Engineering's ex-date for buyback eligibility-Listing of DHFL non-convertible debentures (NCDs)-Adani Ports - ICRA assigns rating of AA+ for proposed NCDs-Sheela Foam - CRISIL upgrades rating from A to A+-Prabhat Dairy says promoter acquired 42.46 lakh shares from open market-Coal India's provisional coal production for February at 54.3 million tonne versus target of 56.81 million tonne and offtake at 47.73 million tonne versus target of 50.61 million tonne-Bank of India to raise NCDs worth Rs 500 crore with green shoe option of Rs 500 crore-Tanla Solutions approved allotment of 50.63 lakh shares to promoters upon conversion of warrants-Bartronics gets shareholder approval for transfer of financial inclusion unit to Swift Vitthiya-Lupin launches generic Temovate Clobetasol Propionate Scalp application in the US-Shriram City Union Finance board meeting on March 7 to consider NCDs worth Rs 225 crore-Audit Committee approves DLF's execution of exclusivity pact with GIC affiliate-GAIL/ Power Finance Corporation in focus: Prime Minister's Office steps in to give Dabhol plant a new lease of life-ICICI Bank in focus: Carlyle, Warburg, Advent vie for Fairfax's 35 percent stake in ICICI Lombard-SBI to relocate 1500-1600 branches-M&M eyes 50 percent revenue from abroad by FY19-JSW Steel aim to bring Debt/EBITDA ratio to 3.75-Telecom companies in focus: 700 MHz spectrum price may be slashed 20 percent-PNB plans to sell Rs 1,800 crore worth bad loans-IOC plans Rs 40,000 crore mega refinery at Nagapattinam-Jaiprakash Power: IDBI Bank acquires 5.39 percent stake in company on conversion of debt under SDR-Nokia & Bharti Airtel to collaborate on 5G & IoT applications-JLR says to launch new Range Rover Model, Velar; to be available from summer 2017-Hexaware says closed buy back from March 1 due to extinguishment of shares-Tata Global Beverage & Keurig Green Mountain announce expanded partnership agreement-Sources say government likely soon to impose 25 percent wheat import tax to curb purchases ahead of harvest: Reuters-TCS' promoter & promoter group intend to participate in buyback offer
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