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Last Updated : Dec 01, 2016 12:21 PM IST | Source: CNBC-TV18

Stocks in news: Wipro, Tata Tele, Cyient, HCC, Balkrishna Ind

Wipro | Tata Teleservices | Tata Metaliks | Cyient | L&T Infotech | RBL Bank | HCC | Reliance Communications | Balkrishna Industries and Punj Lloyd are stocks, which are in the news today.

Here are stocks that are in news today:

Punj Lloyd Q2
-Net loss at Rs 225.8 crore versus loss of Rs 226.4 crore (YoY)
-Total income down 1.3 percent at Rs 995.7 crore versus Rs 1,008.9 crore (YoY)
-EBITDA loss at Rs 3.1 crore versus loss of Rs 17.8 crore (YoY)

Balkrishna Industries Q2
-Net profit at Rs 242.9 crore versus Rs 106.2 crore (YoY)
-Total income up 15.2 percent at Rs 946.5 crore versus Rs 821.7 crore (YoY)
-EBITDA up 20 percent at Rs 307.5 crore versus Rs 256.2 crore (YoY)
-EBITDA margin at 32.5 percent versus 31.2 percent (YoY)
-Other income at Rs 44.8 crore versus Rs 19.8 crore (YoY)


Man Infra Q2
-Net profit up 73.1 percent at Rs 16.1 crore versus Rs 9.3 crore (YoY)
-Total income up 26.4 percent at Rs 27.2 crore versus Rs 59.2 crore (YoY)
-EBITDA down 46.2 percent at Rs 2.1 crore versus Rs 3.9 crore (YoY)
-EBITDA margin at 7.7 percent versus 6.6 percent (YoY)
-Tax expense at Rs 8.6 crore versus Rs 4.4 crore (YoY)
-Other income up at Rs 24.1 crore versus Rs 11.6 crore (YoY)

Ratnamani Metals Q2
-Net profit down 13.9 percent at Rs 28.5 crore versus Rs 33.1 crore (YoY)
-Total income down 23.8 percent at Rs 336 crore versus Rs 441.2 crore (YoY)
-EBITDA down 11.1 percent at Rs 51.8 crore versus Rs 58.3 crore (YoY)
-EBITDA margin at 15.4 percent versus 13.2 percent (YoY)

OPEC says
-Will reduce production by 1.2 million bpd (barrels per day) from January 1
-Indonesia could not participate in deal as they are a net importer
-Considered all factors, need for catalysing supply-demand process
-Kuwait, Venezuela, Algeria to monitor compliance of OPEC agreement
-Independent sources to be used for OPEC production figures
-To meet on May 25 to review deal, may extend deal for 6 more months
-Deal to be re-evaluated after 6 months
Iran oil minister Bijan Zanganeh says
-OPEC likely to meet non-OPEC members next week
-Iran allowed to increase oil production on average
Qatar energy minister Mohammed bin Saleh al-Sada says
-OPEC decision was unanimous
-Russia has committed to reduce production by 300,000 bpd

Other stocks and sectors that are in news today:
-Lupin's Swiss arm gets US FDA nod for Antara capsules (used to treat cholesterol issues)
-Jet fuel prices cut by 3.7 percent (Rs 1,881) to Rs 48,379/kL in Delhi (Jet Airways, SpiceJet, InterGlobe Aviation in focus)
-IOC hikes petrol prices by 13 paise per litre; cuts diesel by 12 paise per litre
-Ambika Cotton Mills opens buy back today
-Sunil Hitech's ex-date for bonus issue today
-Reliance Communications - Moody's downgrades rating from Ba3 to B1
-Birla Cable - CARE upgrades long term rating from A+ to AA- and short term rating from A1 to A1+
-Vindhya Telelink - CARE upgrades long term rating from A+ to AA- and short term rating from A1 to A1+
-HCC to get 75 percent arbitral award amount of around Rs 2,000 crore in 4-6 weeks
-RBI approves RBL Bank's opening of international financial services centre at GIFT city
-State Bank of Travancore revised MCLR (marginal cost of funds based lending rate) for various tenors starting from 8.85 percent to 9.6 percent
-PNB cuts MCLR rate up to 10bps across all tenors starting from 8.9 percent to 9.45 percent
-South Indian Bank revised MCLR for various tenors starting from 9 percent to 9.8 percent
-Wipro signed agreement for sale of EcoEnergy division for USD 70 million to Chubb Alba Control Systems
-Varun Beverages board meeting on December 3 to consider redemption of non-convertible debentures (NCDs)
-Captain Polyplast board meeting on December 9 to consider listing on NSE
-L&T Infotech completed 100 percent acquisition of AugmentlQ Data Sciences
-Cyient signs pact to acquire 100 percent stake in UK-based Blom Aerofilms
-Tata Metaliks commenced shutdown to modernise and expand the Mini Blast Furnace #1
-Kallam Spinning Mills approved stock split from Rs 10 to Rs 2 per share
-Vedanta approved issue of NCDs worth Rs 200 crore
-Tata Teleservices in focus - Tata-Docomo deal illegal, RBI may tell HC: ET

First Published on Dec 1, 2016 08:00 am
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