Last Updated : Jun 29, 2020 08:39 AM IST | Source: Moneycontrol.com

In pics | Stocks in the news: ITC, IOC, Dish TV, Orient Paper, HUDCO, South Indian Bank, Tourism Finance Corp

Coal India, Eveready Industries, Andhra Paper, Phoenix Mills and Nalco are also some of the stocks in focus today

Here are some of the stock in news today. (Image: Moneycontrol)

Here are some of the stocks in the news for June 29. (Image: Moneycontrol)

Coal India Q4 | Profit at Rs 4,625.8 cr versus Rs 6,026.5 cr, revenue at Rs 27,568.3 cr versus Rs 28,585 cr YoY. (Image: Moneycontrol)

Coal India Q4 | Profit at Rs 4,625.8 cr versus Rs 6,026.5 crore, revenue at Rs 27,568.3 crore versus Rs 28,585 crore YoY. (Image: Moneycontrol)

Eveready Industries | Dovetail India Fund Class 6 Shares bought 4,80,000 shares in company at Rs 79.05 per share. (Image: evereadyindia.com)

Eveready Industries | Dovetail India Fund Class 6 Shares bought 4,80,000 shares in the company at Rs 79.05 per share. (Image: evereadyindia.com)

Andhra Paper | Radhakishan Damani's Bright Star Investments acquired 5,00,000 shares in company at Rs 206.23 per share. (Image: Moneycontrol)

Andhra Paper | Radhakishan Damani's Bright Star Investments acquired 5,00,000 shares in the company at Rs 206.23 per share. (Image: Moneycontrol)

Tourism Finance Corporation | Beacon Trusteeship Limited sold 4,18,197 shares in company at Rs 35.50 per share on the BSE and 14,83,305 shares at Rs 35.49 per share on the NSE. (Image: tfciltd.com)

Tourism Finance Corporation | Beacon Trusteeship Limited sold 4,18,197 shares in the company at Rs 35.50 per share on the BSE and 14,83,305 shares at Rs 35.49 per share on the NSE. (Image: tfciltd.com)

ITC Q4 | Profit at Rs 3,797 cr versus Rs 3,481.9 cr, revenue at Rs 11,420 cr versus Rs 12,206 cr YoY. (Image: Reuters)

ITC Q4 | Profit at Rs 3,797 crore versus Rs 3,481.9 crore, revenue at Rs 11,420 crore versus Rs 12,206 crore YoY. (Image: Reuters)

IOC Q4 | Profit at Rs 1,597.4 crore versus loss of Rs 70.6 cr, revenue at Rs 2,607 cr versus Rs 3,097 cr YoY. (Image: PTI)

IOC Q4 | Profit at Rs 1,597.4 crore versus loss of Rs 70.6 crore, revenue at Rs 2,607 crore versus Rs 3,097 crore YoY. (Image: PTI)

Piramal Enterprises | Carlyle Group will buy a 20 percent stake in the company’s subsidiary Piramal Pharma for $490 million or Rs 3,700 crore via fresh equity issuance. The transaction values Piramal Group's pharma business at an enterprise value of $2.8 billion with an upside option of $360 million if it meets certain milestones in FY21. This will mean an infusion of an additional $72 million from Carlyle at a later date. The deal is likely to be completed in this calendar year, CNBC-TV18 reported.

Piramal Enterprises | Carlyle Group will buy a 20 percent stake in the company’s subsidiary Piramal Pharma for $490 million or Rs 3,700 crore via fresh equity issuance. The transaction values Piramal Group's pharma business at an enterprise value of $2.8 billion with an upside option of $360 million if it meets certain milestones in FY21. This will mean an infusion of an additional $72 million from Carlyle at a later date. The deal is likely to be completed in this calendar year, CNBC-TV18 reported.

Phoenix Mills | Board to consider fund raising on June 29. (Image: Wikimedia Commons)

Phoenix Mills | Board to consider fund raising on June 29. (Image: Wikimedia Commons)

Hind Rectifiers Q4 | Profit at Rs 2.1 cr versus Rs 5 cr, revenue at Rs 77.9 cr versus Rs 83.9 cr YoY. (Image: hirect.com)

Hind Rectifiers Q4 | Profit at Rs 2.1 crore versus Rs 5 crore, revenue at Rs 77.9 crore versus Rs 83.9 crore YoY. (Image: hirect.com)

Rupa & Co Q4 | Loss at Rs 4 cr versus profit of Rs 27.4 cr, revenue at Rs 179 cr versus Rs 402.8 cr YoY. (Image: Moneycontrol)

Rupa & Co Q4 | Loss at Rs 4 crore versus profit of Rs 27.4 crore, revenue at Rs 179 crore versus Rs 402.8 crore YoY. (Image: Moneycontrol)

HUDCO Q4 | Profit at Rs 440.9 cr versus Rs 236.3 cr, revenue at Rs 1,888.5 cr versus Rs 1,474.8 cr YoY. (Image: hudco.org)

HUDCO Q4 | Profit at Rs 440.9 crore versus Rs 236.3 crore, revenue at Rs 1,888.5 crore versus Rs 1,474.8 crore YoY. (Image: hudco.org)

South Indian Bank Q4 | Loss at Rs 143.69 cr versus profit at Rs 70.51 cr, NII at Rs 595.8 cr versus Rs 499.3 cr YoY.

South Indian Bank Q4 | Loss at Rs 143.69 crore versus profit at Rs 70.51 crore, NII at Rs 595.8 crore versus Rs 499.3 crore YoY. (Image: Justdial)

EIH Q4 | Profit at Rs 27.92 cr versus Rs 13.23 cr, revenue at Rs 410.44 cr versus Rs 503.45 cr YoY. (Image: eihltd.com)

EIH Q4 | Profit at Rs 27.92 crore versus Rs 13.23 crore, revenue at Rs 410.44 crore versus Rs 503.45 crore YoY. (Image: eihltd.com)

IFCI Q4 | Loss at Rs 589.68 cr versus loss at Rs 37.66 cr, revenue at Rs 748.89 cr versus Rs 453.95 cr YoY. (Image: Twitter @IFCI_LTD)

IFCI Q4 | Loss at Rs 589.68 crore versus loss at Rs 37.66 crore, revenue at Rs 748.89 crore versus Rs 453.95 crore YoY. (Image: Twitter @IFCI_LTD)

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Dish TV | Axis Trustee Services invoked 0.61 percent shares of company held by promoter Direct Media Distribution Ventures on June 23. (Image: Moneycontrol)

Orient Paper Q4 | Loss at Rs 2.98 cr versus profit at Rs 32.42 cr, revenue at Rs 134.47 cr versus Rs 198.12 cr YoY. (Image: Wikipedia)

Orient Paper Q4 | Loss at Rs 2.98 crore versus profit at Rs 32.42 crore, revenue at Rs 134.47 crore versus Rs 198.12 cr YoY. (Image: Wikipedia)

Oil India Q4 | Profit at Rs 1,597.40 cr versus loss at Rs 70.59 cr, revenue at Rs 2,607.38 cr versus Rs 3,097.26 cr YoY. (Image: oil-india.com)

Oil India Q4 | Profit at Rs 1,597.40 crore versus loss at Rs 70.59 crore, revenue at Rs 2,607.38 crore versus Rs 3,097.26 crore YoY. (Image: oil-india.com)

Vadilal Industries | Anil Patil and Yogesh Bhatt, interim chief executive officers tendered their resignations. (Image: Wikimedia)

Vadilal Industries | Anil Patil and Yogesh Bhatt, interim chief executive officers tendered their resignations. (Image: Wikimedia)

Sharon Bio-Medicine Q4 | Profit at Rs 6.025 cr versus Rs 3.71 cr, revenue at Rs 45.8 cr versus Rs 40.12 cr YoY. (Image: Pixabay)

Sharon Bio-Medicine Q4 | Profit at Rs 6.025 crore versus Rs 3.71 crore, revenue at Rs 45.8 crore versus Rs 40.12 crore YoY. (Image: Pixabay)

Patel Engineering Q4 | Loss at Rs 79.80 cr versus loss at Rs 38.91 cr, revenue at Rs 549.65 cr versus Rs 593.44 cr YoY. (Image: pateleng.com)

Patel Engineering Q4 | Loss at Rs 79.80 crore versus loss at Rs 38.91 crore, revenue at Rs 549.65 crore versus Rs 593.44 crore YoY. (Image: pateleng.com)

Adani Transmission | Company acquired Kharghar Vikhroli Transmission Private Limited from Maharashtra State Electricity Transmission Company. (Image: Wikipedia)

Adani Transmission | The company acquired Kharghar Vikhroli Transmission Private Limited from Maharashtra State Electricity Transmission Company. (Image: Wikipedia)

Shree Pushkar Chemicals Q4 | Profit at Rs 11.24 cr versus Rs 7.65 cr, revenue at Rs 86.67 cr versus Rs 117.62 cr YoY. (Image: Reuters)

Shree Pushkar Chemicals Q4 | Profit at Rs 11.24 crore versus Rs 7.65 crore, revenue at Rs 86.67 crore versus Rs 117.62 crore YoY. (Image: Reuters)

Eris Lifesciences Q4 | Profit at Rs 56.27 cr versus Rs 54 cr, revenue at Rs 248.56 cr versus Rs 214.82 cr YoY. (Image: Justdial)

Eris Lifesciences Q4 | Profit at Rs 56.27 crore versus Rs 54 crore, revenue at Rs 248.56 crore versus Rs 214.82 crore YoY. (Image: Justdial)

Elecon Engineering Q4 | Profit at Rs 70.20 cr versus Rs 10.13 cr, revenue at Rs 268.5 cr versus Rs 328 cr YoY. (Image: elcon.com)

Elecon Engineering Q4 | Profit at Rs 70.20 crore versus Rs 10.13 crore, revenue at Rs 268.5 crore versus Rs 328 crore YoY. (Image: elcon.com)

Ramky Forgings Q4 | Loss at Rs 7.57 cr versus profit at Rs 24.14 cr, revenue at Rs 239.6 cr versus Rs 479.4 cr YoY. (Image: Moneycontrol)

Ramky Forgings Q4 | Loss at Rs 7.57 crore versus profit at Rs 24.14 crore, revenue at Rs 239.6 crore versus Rs 479.4 crore YoY. (Image: Moneycontrol)

Ruchi Soya Q4 | Loss at Rs 41.2 cr versus profit of Rs 32.1 cr, revenue at Rs 3,191 cr versus Rs 3,146.3 cr YoY. (Image: Moneycontrol)

Ruchi Soya Q4 | Loss at Rs 41.2 crore versus profit of Rs 32.1 crore, revenue at Rs 3,191 crore versus Rs 3,146.3 crore YoY. (Image: Moneycontrol)

Nalco Q4 | Profit at Rs 100.51 cr versus Rs 234.82 cr, revenue at Rs 1,936 cr versus Rs 2,766.2 cr YoY. (Image: nalcoindia.com)

Nalco Q4 | Profit at Rs 100.51 crore versus Rs 234.82 crore, revenue at Rs 1,936 crore versus Rs 2,766.2 crore YoY. (Image: nalcoindia.com)

Sun TV Network Q4 | Profit at Rs 250 cr versus Rs 283.1 cr, revenue at Rs 735.2 cr versus Rs 889 cr YoY. (Image: Moneycontrol)

Sun TV Network Q4 | Profit at Rs 250 crore versus Rs 283.1 crore, revenue at Rs 735.2 crore versus Rs 889 crore YoY. (Image: Moneycontrol)

Mawana Sugars Q4 | Loss at Rs 56.8 cr versus profit at Rs 21.3 cr, revenue at Rs 440.1 cr versus Rs 288.1 cr YoY. (Image: Moneycontrol)

Mawana Sugars Q4 | Loss at Rs 56.8 crore versus profit at Rs 21.3 crore, revenue at Rs 440.1 crore versus Rs 288.1 crore YoY. (Image: Moneycontrol)

DCB Bank | Compoany is planning to raise up to Rs 1,000 crore through equity and debt instruments, and will seek shareholders' approval in its ensuing annual general meeting (AGM) next month. The bank plans to raise up to Rs 500 crore by issue of equity shares to qualified institutional buyers through qualified institutional placement, and an equal amount is slated to be raised by issuing bonds, debentures or securities on a private placement basis, DCB Bank said in the annual report 2019-20.

DCB Bank | Compoany is planning to raise up to Rs 1,000 crore through equity and debt instruments, and will seek shareholders' approval in its ensuing annual general meeting (AGM) next month. The bank plans to raise up to Rs 500 crore by issue of equity shares to qualified institutional buyers through qualified institutional placement, and an equal amount is slated to be raised by issuing bonds, debentures or securities on a private placement basis, DCB Bank said in the annual report 2019-20.

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Inox Wind | Company on June 27 said its consolidated net loss widened to Rs 192.17 crore in March quarter. The company had reported Rs 53.56 crore loss in the same period preceding fiscal. The total income of the company rose to 196.74 crore for the quarter ended March 31, from Rs 184.14 crore in the year-ago period, it said in a regulatory filing.

CG POWER & INDUSTRIAL SOLUTIONS

CG Power and Industrial Solutions | Company reported widening of its consolidated net loss to Rs 288.06 crore for the quarter ended March 2020. Its net loss stood at Rs 189.23 crore in the same period last year. Total income fell to Rs 636.67 crore as compared to Rs 2,005.84 crore earlier, it said in a regulatory filing. For the full fiscal 2019-20, the company posted a consolidated net loss of Rs 2,166.94 crore, compared to a loss of Rs 507.13 crore in 2018-19.

NHPC

NHPC | Company reported over 60 percent decline in consolidated net profit to Rs 238.64 crore in March quarter, mainly due to lower revenues. Its consolidated net profit was Rs 602.91 crore in the fourth quarter previous fiscal, the company said in a regulatory filing. Total income was Rs 2,382.36 crore in the period under review, compared to Rs 2,450.08 crore in the year-ago period.

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Zee Media Corporation | Company reported a consolidated net profit of Rs 11.14 crore for the fourth quarter ended March 31. It had posted a net loss of Rs 86.66 crore during January-March quarter of the previous fiscal, Zee Media Corporation Ltd (ZMCL) said in a regulatory filing. Its revenue from operations was down 18.42 percent at Rs 138.15 crore during the quarter under review, as against Rs 169.35 crore in the corresponding period of the previous fiscal.

Sobha

Sobha | Company reported a 55 percent fall in its consolidated net profit at Rs 50.7 crore for the quarter ended March. Its net profit stood at Rs 113.3 crore in the year ago period. Total income dipped to Rs 927.6 crore in the fourth quarter of this fiscal from Rs 1,421.6 crore in the corresponding period of the previous year, according to a regulatory filing. Net profit dropped to Rs 28.15 crore in 2019-20 from Rs 29.71 crore in the 2018-19 financial year.

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Results today | Bharat Forge, Bharat Electronics, Petronet LNG, Central Bank of India, Jammu & Kashmir Bank, MRF, Alphageo India, Ansal Properties, Aurionpro Solutions, Balaji Telefilms, Bajaj Hindusthan Sugar, CESC, Dredging Corporation of India, Gujarat Fluorochemicals, Force Motors, GE T&D India, GIC Housing Finance, GMR Infrastructure, Himatsingka Seide, Indian Hume Pipe, Lux Industries, Maharashtra Seamless, Mangalam Drugs, Mercator, Minda Industries, MSTC, NOCIL, Panacea Biotec, Parag Milk Foods, PC Jeweller, Phoenix Mills, Premier Explosives, Pricol, Punjab & Sind Bank, Raymond, Reliance Communications, Religare Enterprises, Shree Renuka Sugars, Repco Home Finance, Rail Vikas Nigam, Shakti Pumps, SREI Infrastructure Finance, Texmo Pipes & Products, Time Technoplast, Venky's India, Veto Switchgears, Vivimed Labs, Welspun India etc.

First Published on Jun 29, 2020 07:27 am
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