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Last Updated : May 19, 2016 10:14 AM IST | Source: CNBC-TV18

Stocks in news: Wipro, Lupin, Castrol, Corporation Bank, PTC

Wipro | Lupin | Castrol India | Coal India | Unitech | Bayer Cropscience | Allcargo Logistics | Tata Communications | Corporation Bank | PTC India | Torrent Power | Majesco and Redington India are stocks, which are in the news today.

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Here are stocks that are in news today:

Results today: Lupin, CESC, IRB Infra, SpiceJet, Gujarat Pipavav Port, Gujarat State Petronet, Dishman Pharma, Sobha, Future Consumer Enterprise, Ajmera Realty, ENIL, Esab India, GHCL, ICRA, Manpasand Beverages, Pidilite Industries, WABCO India, ZF Steering Gear, Action Construction Equipment, AGC Networks, Deep Industries, Hawkins Cookers, Igarashi Motors, Indian Card Clothing, Indian Hume Pipe, Man Infra, PPAP Automotive, Rane Engine Valve, Rico Auto Ind, SEAMEC, Shirpur Gold Refinery, Vaibhav Global, Vindhya Telelinks

Government sources on IDBI Bank stake sale
-Targetting to complete IDBI Bank stake sale by June 30
-Likely investors for IDBI Bank stake sale are IFC, ADB, Temasek, CDC & TPG
-IDBI Bank equity will have to be diluted to accommodate new investors


Castrol India: Sources
-Castrol India promoters launch book to sell upto 10.5 percent stake on May 19
-Castrol India promoters to sell shares worth USD 191 million with USD 96 million greenshoe
-Castrol India share sale price band at Rs 355-385.25/share
-Citi & ICICI Securities bookrunners for Castrol India stake sale

Coal India
-Competition Appellate Tribunal allows Coal India's appeal setting aside Competition Commission of India penalty of Rs 1,773 crore
-COMPAT directs CCI to hear the matter again & pass fresh order
-COMPAT directs CCI to pass order in case within 2 months

April GSM Data
-Bharti Airtel adds 9.78 lakh subscribers
-Vodafone adds 46,660 subscribers
-Idea Cellular loses 3.87 lakh subscribers

Bayer Cropscience
-Company gives 3 months to Vijay Mallya to resolve his debt repayment dispute: ET
-After this the company will replace him as the chairman

Allcargo Logistics
-Company to buy majority stake in CCI Logistics for Rs 130 crore: ET
-Deak will lead to new merged entity with Allcargo holding 62 percent

Tata Communications
-Didn't announce results yesterday as financial statements could not be completed
-Expect to report earnings within the next 10 days

Other stocks and sectors that are in news today:
-Unitech to be excluded from F&O from July 29
-Tata Communications says strategic options being explored by company to be presented to board today
-Hindustan Wires to consider voluntary de-listing of shares from BSE
-Vestas Wind Systems selects Wipro to provide workplace services
-Redington unit RGF acquires additional 10 percent stake in Linkplus for USD 1.15 million
-Monsanto got unsolicited, non-binding proposal from Bayer AG for acquisition: DJ
-Glenmark Pharma gets ANDA nod for Rufinamide tablets

January-March Quarter Earnings

Ricoh India Q4
-Net loss at Rs 147.3 crore versus loss of Rs 2.8 crore (YoY)
-Total income at Rs 661.6 crore versus Rs 374 crore (YoY)

Corporation Bank Q4
-Net loss at Rs 511 crore versus profit of Rs 45 crore (YoY)
-NII down 11.1 percent at Rs 990.6 crore versus Rs 1,113.9 crore (YoY)
-Gross NPA at 9.98 percent versus 7.32 percent (QoQ)
-Net NPA at 6.53 percent versus 4.84 percent (YoY)
-Gross NPA up 8 percent at Rs 14,544 crore versus Rs 10,707 crore (QoQ)
-Net NPA up 2.8 percent at Rs 9,160 crore versus Rs 6,897 crore (QoQ)
-Provisions at Rs 1,960 crore versus Rs 1,881 crore (QoQ) versus Rs 926 crore (YoY)

PTC India Q4
-Net profit down 29.6 percent at Rs 39.7 crore versus Rs 56.4 crore (YoY)
-Total income up 29.1 percent at Rs 3,043.4 crore versus Rs 2,356.6 crore (YoY)
-EBITDA up 29.6 percent at Rs 104.6 crore versus Rs 80.7 crore (YoY)
-EBITDA margin flat at 3.4 percent (YoY)

JK Lakshmi Cement Q4
-Net profit at Rs 48.4 crore versus Rs 6.1 crore (YoY)
-Total income up 27.1 percent at Rs 735.1 crore versus Rs 578.2 crore (YoY)
-EBITDA up 20.1 percent at Rs 85.9 crore versus Rs 71.5 crore (YoY)
-EBITDA margin at 11.7 percent versus 12.4 percent (YoY)
-Other income at Rs 34.3 crore versus Rs 17.8 crore (YoY)

Majesco Q4
-Consolidated net loss at Rs 1.7 crore versus profit of Rs 7.9 crore (QoQ)
-Consolidated total income up 11.9 percent at Rs 221.6 crore versus Rs 198 crore (QoQ)
-Consolidated EBITDA at Rs 2.8 crore versus EBITDA loss of Rs 2.6 crore (QoQ)
-Consolidated tax expense at Rs 3 crore versus tax credit of Rs 17.5 crore (QoQ)

Crompton Greaves Consumer Q4
-Net profit up 61.7 percent at Rs 66.6 crore versus Rs 41.2 crore (QoQ)
-Total income up 23.6 percent at Rs 1,001.6 crore versus Rs 810.1 crore (QoQ)
-EBITDA up 53.3 percent at Rs 127.1 crore versus Rs 82.9 crore (QoQ)
-EBITDA margin at 12.7 percent versus 10.2 percent (QoQ)

Torrent Power Q4
-Net profit down 84.7 percent at Rs 27.8 crore versus Rs 181.6 crore (YoY)
-Total income down 4.2 percent at Rs 2,481.2 crore versus Rs 2,589.5 crore (YoY)
-EBITDA down 27.6 percent at Rs 498.8 crore versus Rs 688.5 crore (YoY)
-EBITDA margin at 20.1 percent versus 26.6 percent (YoY)
-Other income down 70.2 percent at Rs 45.6 crore versus Rs 153.2 crore (YoY)

Indo Rama Q4
-Net profit at Rs 94.6 crore versus Rs 30.8 crore (YoY)
-Total income up 1.1 percent at Rs 656.7 crore versus Rs 650.7 crore (YoY)
-EBITDA down 44.2 percent at Rs 28.7 crore versus Rs 51.4 crore (YoY)
-EBITDA margin at 4.4 percent versus 7.9 percent (YoY)
-Tax credit at Rs 102.4 crore versus tax expense of Rs 11.5 crore (YoY)

Balkrishna Industries Q4
-Net profit at Rs 155 crore versus Rs 154.3 crore (YoY)
-Total income down 1.6 percent at Rs 879.6 crore versus Rs 893.5 crore (YoY)
-EBITDA up 69.7 percent at Rs 293 crore versus Rs 140.8 crore (YoY)
-EBITDA margin at 27.2 percent versus 15.8 percent (YoY)
-Other income down 47.8 percent at Rs 82 crore versus Rs 157 crore (YoY)

Universal Cables Q4
-Net profit at Rs 11.9 crore versus loss of Rs 2.2 crore (YoY)
-Total income up 11.7 percent at Rs 216.1 crore versus Rs 193.5 crore (YoY)
-EBITDA up 76.6 percent at Rs 22.6 crore versus Rs 12.8 crore (YoY)
-EBITDA margin at 10.5 percent versus 6.6 percent (YoY)

Orient Green Power Q4
-Net loss at Rs 158.2 crore versus loss of Rs 111 crore (YoY)
-Total income down 17.8 percent at Rs 74.3 crore versus Rs 90.4 crore (YoY)

Ratnamani Metals Q4
-Net profit up 42.7 percent at Rs 46.1 crore versus Rs 32.3 crore (YoY)
-Total income up 33.6 percent at Rs 506.9 crore versus Rs 379.5 crore (YoY)
-EBITDA up 49.1 percent at Rs 83.2 crore versus Rs 55.8 crore (YoY)
-EBITDA margin at 16.4 percent versus 14.7 percent (YoY)

IFB Industries Q4
-Net profit at Rs 5 crore versus Rs 1.2 crore (YoY)
-Total income up 7 percent at Rs 368.5 crore versus Rs 326.9 crore (YoY)
-EBITDA down at Rs 9 crore versus Rs 14.4 crore (YoY)
-EBITDA margin at 2.4 percent versus 4.4 percent (YoY)

Talbros Engineering Q4
-Net profit up 38.5 percent at Rs 1.8 crore versus Rs 1.3 crore (YoY)
-Total income up 15.4 percent at Rs 36.8 crore versus Rs 31.9 crore (YoY)

Saint-Gobain Q4
-Net profit up 58.3 percent at Rs 1.9 crore versus Rs 1.2 crore (YoY)
-Total income down 9.7 percent at Rs 29.9 crore versus Rs 33.1 crore (YoY)

Wanbury Q4
-Net loss at Rs 2 crore versus loss of Rs 0.2 crore (YoY)
-Total income down 22.7 percent at Rs 95.8 crore versus Rs 123.9 crore (YoY)
-Approves issue of shares to promoters at Rs 37.5 as per CDR scheme
-To issue 5 lakh CCDs to Edelweiss ARC at Rs 200/Debenture

Deccan Gold Mines Q4
-Net loss at Rs 2 crore versus loss of Rs 1.2 crore (YoY)
-Total income unchanged at nil (YoY)

Shaily Engineering Q4
-Net profit down 12.8 percent at Rs 4.1 crore versus Rs 4.7 crore (YoY)
-Total income up 11.3 percent at Rs 54.2 crore versus Rs 48.7 crore (YoY)
-EBITDA up 19.5 percent at Rs 9.2 crore versus Rs 7.7 crore (YoY)
-EBITDA margin at 17 percent versus 15.8 percent (YoY)

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First Published on May 19, 2016 08:01 am
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