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Last Updated : Aug 25, 2016 11:40 AM IST | Source: Moneycontrol.com

Stocks in news: TCS, IDBI, Ramco Systems, MCX, Hero Motocorp

Novartis | Jindal Saw | Equitas | Mayur Uniquoters | Infinite Computer Solutions | VKJ Infradevelopers | Sunflag Iron & Steel | Ramco Systems | IDBI, Century Plyboards | IIFL Holdings | Vardhman Textiles | Astrazeneca Pharma | Xpro India| Welspun India | Hero Motocorp | Monsanto | TCS and MCX are stocks, which are in new today.

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Todays L/H
Here are stocks that are in news today:

Novartis buyback window open from 25 August to 8 September

Jindal Saw
Ex date for demerger
Removed from BSE 500, BSE All Cap, BSE Industrials, BSE MidSmall Cap and BSE Small Cap Indices.

Added to BSE 500 Index

Mayur Uniquoters
Ex date for buyback entitlement

Infinite Computer Solutions
Board approves buyback of shares up to Rs 150cr at maximum price of Rs 250 per share. Promoters to participate in the buyback

VKJ Infradevelopers
Board meeting on 30 August 2016 to consider stock split from Rs 10 to Re 1 and issue preference shares

Sunflag Iron & Steel
Workers are on strike from 19 August 2016 at Belgaon Capitive Coal Mine

Ramco Systems
Singapore subsidiary bags order from one of the top 5 most valuable global brands

To issue bonds worth Rs 1500 crore

Century Plyboards
Completed disinvestment of Singapore subsidiary company

IIFL Holdings
Approved merger of IIFL Facilities Services Ltd and IIFL Properties Pvt Ltd

Vardhman TextilesQ1FY17
Yarn – production of 50511MT and Sales of 52107MT.
Grey Fabric – production of 465lk meter and Sales of 459lk meter Processed Fabric – production of 282lk meter and sales of 287lk meter

Astrazeneca Pharma
Termination of distribution arrangements for Meronem in India

Xpro India
Production suspended at Faridabad unit

Welspun India(ET)
Welspun lenders seek details of Target dispute

Hero Motocorp
IFC to invest USD 125 mn in hero energy

Monsanto withdraws new GM cotton seed from India

TCS settles ongoing law suit with US based company for 175 cr

Tata Global beverage(Mint)
Tata global beverage looks to enter dairy business

MCX & MSEI enter consent terms for out of court settlement
MCX & MSEI settle ongoing dispute over 41.5 crore warrants

Other stocks and sectors in the news
RCF board meeting on 29 August 2016 to consider issue of NCDs
Stampede Capitalboard meeting on September 1, 2016 to consider bonus issue and raising of funds
Titan Biotechboard meeting on August 31, 2016 to consider preferential issue of equity
Electrosteel Castingsboard meeting on August 27, 2016 to consider premature redemption of NCDs
Viji Financeboard meeting on September 9, 2016 to consider stock split

Sarda EnergyQ1
Net Profit At Rs 89.1 Cr Vs Rs 24 Cr (YoY)
Total Income Down 6.3% At Rs 284.9 Cr Vs Rs 304.1 Cr (YoY)
Exceptional Gain At Rs 63.8 Cr
EBITDA (Up 6.8% At Rs 50.5 Cr Vs Rs 47.3 Cr (YoY)
EBITDA Margin At 17.7% Vs 15.6% (YoY)
Other Income (RD)38.9% At Rs 10.2 Cr Vs Rs 16.7 Cr (YoY)

PNC InfraQ1
Cons Net Profit At Rs 54.2 Cr Vs Rs 22.1 Cr (YoY)
Cons Total Income Down 0.3% At Rs 684.4 Cr Vs Rs 686.7 Cr (YoY)
Cons EBITDA Up 25.4% At Rs 165.8 Cr Vs Rs 132.2 Cr (YoY)
Cons EBITDA Margin At 24.2% Vs 19.3% (YoY)

Infinite Computer Q1
Net Profit Down 0.3% At Rs 29.9 Cr Vs Rs 30 Cr (QoQ)
Total Income Down 3.4% At Rs 534.6 Cr Vs Rs 553.5 Cr (QoQ)
EBIT Up 2.2% At Rs 37 Cr Vs Rs 36.2 Cr (QoQ)
EBIT Margin At 6.9% Vs 6.5% (QoQ)

SP Apparels Q1:
Cons Net Profit At Rs 16.4 Cr Rs 6.7 Cr (YoY)
Cons Total Income Up 33.3% At Rs 162.4 Cr Vs Rs 121.8 Cr (YoY)
Cons EBITDA Up 77.9% At Rs 32.2 Cr Vs Rs 18.1 Cr (YoY)
Cons EBITDA Margin At 19.8% Vs 14.9% (YoY)

Man Infra Q1:
Net Profit At Rs 12.4 Cr Vs Rs 6 Cr (YoY)
Total Income Down13.8% At Rs 39.4 Cr Vs Rs 45.7 Cr (YoY)
EBITDA At Rs 10.4 Cr Vs Rs 4.9 Cr (YoY)
EBITDA Margin At 26.4% Vs 10.7% (YoY)
First Published on Aug 25, 2016 08:15 am