Here are stocks that are in news today:
Crompton Greaves Q2-Consolidated net loss at Rs 10.4 crore versus profit of Rs 10.7 crore (YoY)-Consolidated total income up 4.6 percent at Rs 1,495.2 crore versus Rs 1,429.2 crore (YoY)-Consolidated EBITDA down 35.5 percent at Rs 83.4 crore versus Rs 129.4 crore (YoY)-Consolidated EBITDA margin at 5.6 percent versus 9.1 percent (YoY)-Share purchase agreement with Pauwels Spaco terminated mutually-Continue to explore alternative options for sale of international power business
Prestige Estates Q2-Consolidated net profit down 58.3 percent at Rs 64.5 crore versus Rs 154.5 crore (YoY)-Consolidated total income down 29.3 percent at Rs 1,151.8 crore versus Rs 1,628.7 crore (YoY)-Consolidated EBITDA down 30.8 percent at Rs 239.1 crore versus Rs 345.7 crore (YoY)-Consolidated EBITDA margin at 20.8 percent versus 21.2 percent (YoY)
PNC Infra Q2-Consolidated net profit up 18.8 percent at Rs 26.5 crore versus Rs 22.3 crore (YoY)-Consolidated total income down 24.6 percent at Rs 509 crore versus Rs 675.4 crore (YoY)-Consolidated EBITDA down 5.9 percent at Rs 93.9 crore versus Rs 99.8 crore (YoY)-Consolidated EBITDA margin at 18.4 percent versus 14.8 percent (YoY)
GMR Infra Q2-Net loss at Rs 700.3 crore versus loss of Rs 7.4 crore (YoY)-One-time loss of Rs 752.6 crore-Total income up 17.6 percent at Rs 330.6 crore versus Rs 281.2 crore (YoY)-EBITDA up 5.8 percent at Rs 253.2 crore versus Rs 239.2 crore (YoY)-EBITDA margin at 76.6 percent versus 85.1 percent (YoY)
Divis Labs-US FDA issues form 483 with 5 observations for Visakhapatnam unit-II-Will respond to USFDA w.r.t observations within stipulated time-US FDA issues observations for inspection done from November 29-December 6
Tata Steel-UK arm reaches agreement with trade unions w.r.t closure of pension scheme-Consultation to close pension scheme to future accrual will start next week-UK arm employees will get competitive defined contribution scheme
Polaris-Virtusa Consulting to sell 18.86 lakh shares of company (1.86 percent of paid-up capital) via offer for sale-Floor price at Rs 130/share-Virtusa Consulting sets upsize offer at 18.86 lakh shares-Offer for sale window for two days - December 8-9
Other stocks and sectors that are in news today:-Cadila Healthcare makes voluntary recall of 6 kg of Ondansetron HCI API-Cipla gets US FDA approval for Entecavir tablets (used for the treatment hepatitis B virus infection)-Vardhman Textiles ex-date for buyback eligibility-Satkar Finlease ex-date for 1:10 stock split-Prestige Estate approved acquisition of additional 20 percent stake in Villaland Developers-IndusInd Bank approved issue of non-convertible debentures (NCDs) worth Rs 1,500 crore-Phoenix Mills to acquire 20.01 percent stake of K2A Hospitality held in Alliance Spaces-Tata Steel divested stake in TM Harbour Services to Adani Ports for Rs 106.27 crore-Gujarat Ambuja Exports board meeting on December 13 to consider buy back-Canara Bank revises MCLR rates across all tenors starting from 8.9 percent to 9.15 percent-eClerx's US step down subsidiary merged into eClerx LLC-Escorts says successfully completed divestment of OEM & auto product-Gujarat Industries Power Company signed power purchase agreement with Gujarat Urja Vikas Nigam for wind power project at Porbandar-HPCL, IOC, BPCL sign consortium agreement to set up west coast refinery and petrochemical project in Maharashtra-Essel Infra to buy stake in IVRCL unit, Hindustan Dorr-Oliver: Mint-ONGC seeks 5-year extension for Sudan block: ET-Hindustan Zinc enters solar business, to invest Rs 630 crore: FE-Jet Airways set to raise USD 300 million for expansion: FE-JK Paper allotted 74 lakh equity shares to FCCB holders on conversion
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