stocks that are in news today

stocks that are in news today

Size
Price:

Read more

Results today: Voltas, Indian Bank, Torrent Power, JM Financial, Alicon Castalloy, Apple Credit Corporation, Ashish Polyplast, Century Plyboards (India), Cybertech Systems, Digjam, EIH, Gujarat Sidhee Cement, HEG, MP Agro Industries, Mahamaya Steel Industries, Modella Woollens, Precot Meridian, Pudumjee Industries, Summit Securities, Tata Investment Corporation, TCI Developers, TCI Industries, Ugar Sugar Works, UFO Moviez, Veto Switchgears, Wonderla Holidays, Zydus Wellness

Tech Mahindra Q1
-Net profit down 9.5 percent at Rs 796.5 crore versus Rs 880.6 crore (QoQ)
-Rupee revenue up 0.5 percent at Rs 6,921 crore versus Rs 6,884 crore (QoQ)
-EBIT down 11.4 percent at Rs 827.3 crore versus Rs 933.6 crore (QoQ)
-EBIT margin at 11.95 percent versus 13.56 percent (QoQ)
-Dollar revenue up 0.9 percent at USD 1,031.5 million versus 1,022.6 million (QoQ)
Tech Mahindra says
-EBITDA margin impacted by cyclical nature of units earnings
-EBITDA margin impacted by visa cost
-Bio Agency numbers to be incorporated in Q2
-Brexit was the biggest destabilising factor
-Brexit's immediate impact will be significant
-Expect to see uncertainty over next 1 year due to Brexit
-Don't think Brexit will have a long-term impact
-Quite sanguine about long-term impact of Bexit

Tata Communications Q1
-Consolidated net profit down 3.5 percent at Rs 41.8 crore versus Rs 43.3 crore (YoY)
-Consolidated total income down 3.3 percent at Rs 5,031.7 crore versus Rs 5,206 crore (YoY)
-Consolidated EBITDA up 14.2 percent at Rs 862.7 crore versus Rs 755.5 crore (YoY)
-Consolidated EBITDA margin at 17.1 percent versus 14.5 percent (YoY)

NR Agarwal Industries Q1
-Net profit at Rs 12.1 crore versus loss of Rs 1.2 crore (YoY)
-Total income up 20 percent at Rs 252.8 crore versus Rs 210.7 crore (YoY)
-EBITDA up 100.6 percent at Rs 33.1 crore versus Rs 16.5 crore (YoY)
-EBITDA margin at 13.1 percent versus 7.8 percent (YoY)

InterGlobe Aviation Q1
-Net profit down 7.4 percent at Rs 591.7 crore versus Rs 639 crore (YoY)
-Total income up 8.7 percent at Rs 4,578.8 crore versus Rs 4,211.5 crore (YoY)
-EBITDAR at Rs 1,553.7 crore versus Rs 1,577 crore (YoY)
-EBITDA down 18.8 percent at Rs 815.4 crore versus Rs 1,004 crore (YoY)
-EBITDA margin at 15.5 percent versus 21.3 percent (YoY)
-Aircroreaft fuel expenses up 1.5 percent at 1,367.4 crore versus Rs 1,347.7 crore (YoY)
-Aircraft & engine rentals up 25.1 percent at Rs 712.6 crore versus Rs 569.7 crore (YoY)

Delta Corp Q1
-Consolidated net profit at Rs 20 crore loss of Rs 1 crore (YoY)
-Consolidated total income up 34.7 percent at Rs 108.7 crore versus Rs 80.7 crore (YoY)
-Consolidated EBITDA up 86.5 percent at Rs 41.6 crore versus Rs 22.3 crore (YoY)
-Consolidated EBITDA margin at 38.3 percent versus 27.6 percent (YoY)

Lancor Holdings Q1
-Net profit at Rs 11.2 crore versus Rs 2.9 crore (YoY)
-Total income down 52.2 percent at Rs 11 crore versus Rs 23 crore (YoY)
-Other income at Rs 12.5 crore versus Rs 0.2 crore (YoY)

DFM Foods Q1
-Net profit up 23.8 percent at Rs 2.6 crore versus Rs 2.1 crore (YoY)
-Total income up 10.6 percent at Rs 75.3 crore versus Rs 68.1 crore (YoY)
-EBITDA up 18.3 percent at Rs 7.1 crore versus Rs 6 crore (YoY)
-EBITDA margin at 9.4 percent versus 8.8 percent (YoY)

Simplex Castings Q1
-Net profit down 85.7 percent at Rs 0.4 crore versus Rs 2.8 crore (YoY)
-Total income down 33.3 percent at Rs 41.3 crore versus Rs 61.9 crore (YoY)
-EBITDA up 35.1 percent at Rs 5 crore versus Rs 3.7 crore (YoY)
-EBITDA margin at 12.1 percent versus 6 percent (YoY)
-Other income down 89.1 percent at Rs 0.6 crore versus Rs 5.5 crore (YoY)

Banco Products Q1
-Net profit up 45 percent at Rs 40.7 crore versus Rs 27.9 crore (YoY)
-Total income up 21 percent at Rs 385.8 crore versus Rs 318.9 crore (YoY)
-EBITDA up 20.6 percent at Rs 53.9 crore versus Rs 44.7 crore (YoY)
-EBITDA margin unchanged at 14 percent (YoY)

Alphageo Q1
-Consolidated net profit down 58.9 percent at Rs 7.9 crore versus Rs 19.2 crore (QoQ)
-Consolidated total income down 26.4 percent at Rs 52.2 crore versus Rs 70.9 crore (QoQ)
-Consolidated EBITDA down 45.5 percent at Rs 15.2 crore versus Rs 27.9 crore (QoQ)
-Consolidated EBITDA margin at 29.1 percent versus 39.4 percent (QoQ)

Star Ferro Q1
-Consolidated net profit down 43.1 percent at Rs 23.6 crore versus Rs 41.5 crore (YoY)
-Consolidated total income up 9.9 percent at Rs 449.1 crore versus Rs 408.7 crore (YoY)
-Consolidated EBITDA down 24.6 percent at Rs 91.5 crore versus Rs 121.3 crore (YoY)
-Consolidated EBITDA margin at 20.4 percent versus 29.7 percent (YoY)

Greaves Cotton Q1
-Standalone net profit down 12.1 percent at Rs 38.5 crore versus Rs 43.8 crore (YoY)
-Standalone total income up 4.8 percent at Rs 444.8 crore versus 424.5 crore (YoY)
-Standalone EBITDA down 2 percent at Rs 60.3 crore versus Rs 61.5 crore (YoY)
-Standalone EBITDA margin at 13.6 percent versus 14.5 percent (YoY)

VRL Logistics Q1
-Net profit down 27.2 percent at Rs 26.5 crore versus Rs 36.4 crore (YoY)
-Total income up 2.3 percent at Rs 458.6 crore versus Rs 448.1 crore (YoY)
-EBITDA down 20.1 percent at Rs 67 crore versus Rs 83.9 crore (YoY)
-EBITDA margin at 14.6 percent versus 18.7 percent (YoY)

SPIC Q1
-Loss of Rs 7.1 crore versus loss of Rs 8.7 crore (YoY)
-Total income down 15.4 percent at Rs 282.1 crore versus Rs 333.4 crore (YoY)
-EBITDA at Rs 11 crore versus Rs 4.7 crore (YoY)
-EBITDA margin at 3.9 percent versus 1.4 percent (YoY)

Hotel Leela Q1
-Net loss at Rs 51.8 crore versus loss of Rs 57.7 crore (YoY)
-Total income up 7.8 percent at Rs 149 crore versus Rs 138 crore (YoY)
-EBITDA up 77.4 percent at Rs 27.5 crore versus Rs 15.5 crore (YoY)
-EBITDA margin at 18.5 percent versus 11.2 percent (YoY)

Patspin India Q1
-Net loss at Rs 1 crore versus loss of Rs 2.2 crore (YoY)
-Total income up 2.8 percent at Rs 122.8 crore versus Rs 119.5 crore (YoY)
-EBITDA up 4.3 percent at Rs 9.7 crore versus Rs 9.3 crore (YoY)
-EBITDA margin at 7.9 percent versus 7.8 percent (YoY)

Lupin 
-Acquires branded product portfolio from Shionogi in Japan
-To acquire 21 products from Shionogi effective December 1
Alert: 21 products had sales of USD 90 million collectively

Financial Technologies case update: Economic Offences Wing (EOW) affidavit says
-Company to be allowed to use its bank account for salary payments & statutory dues
-Company to furnish details of its audited expense every month with EOW official
EOW says
-Intention behind securing company's assets was not to stall day-to-day operations

Coal India
-July production at 36.74 million tonnes (MT) versus target of 40.29 MT
-July offtake at 41.47 MT versus target of 46.57 MT

ICICI Bank
-ICICI Bank & PE firm Apollo to collaborate in asset resolution
-Aion Capital to also join ICICI Bank, Apollo in asset resolution

July Auto Sales - Tata Motors
-Total sales up 7 percent at 43,160 units versus 40,154 units (YoY)
-Domestic sales up 8 percent at 37,789 units (YoY)
-Domestic passenger vehicle sales up 31 percent at 10,335 units (YoY)
-Domestic commercial vehicle sales down 2 percent at 24,242 units (YoY)
-Exports up 6 percent at 5,371 units versus 5,078 units (YoY)
TVS Motor
-Total sales up 14 percent at 2.48 lakh units versus 2.18 lakh units (YoY)
-Total exports down 5.8 percent at 40,192 units versus 42,677 units (YoY)
-Two-wheeler sales up 15.4 percent at 2.4 lakh units versus 2.08 lakh units (YoY)
Hero MotoCorp
-Total sales up 9.13 percent at 5.32 lakh units versus 4.87 lakh units (YoY)
Atul Auto
-Sales down 14 percent in July 2016 versus July 2015

Maruti Suzuki
-Hikes price of select models ranging from Rs 1,500-Rs 5,000
-Hikes price of Vitara Brezza by up to Rs 20,000
-Hikes price of Baleno by up to Rs 10,000

Star Ferro
-Board approves amalgamation of company with Star Cement
-Post amalgamation promoters to hold 74.9 percent
-Star Cement to issue 1.33 shares for every share of Star Ferro

First Leasing
-ED arrests L Sivaramakrishnan, former CFO of First Leasing Company
-ED arrests S Dilliraj, current CFO of First Leasing Company in bank fraud case

NTPC
-50 MW of NP Kunta ultra mega solar power project stage-I commissioned
-Board approves raising up to Rs 15,000 crore via non-convertible debentures (NCDs)/bonds

SEAMEC
-Completed orders for Swiber Offshore India and Swiber Offshore Singapore
-Substantial amount for the same is outstanding
-However, news suggests that Singapore company has filed for winding up

Voltaire Leasing & Finance
-Subsidiary company completed 9547 deliveries for July 2016, increase of 203 percent from previous announcement
-Also tied up with 18 new restaurants in Mumbai

Other stocks and sectors that are in news today:
-NSE new listings - Mindteck (Group B)
-Man Infra - CARE downgrades long term rating from CARE A- to BBB+ and short term rating from A2+ to A-
-Adani Port & SEZ - India Ratings & Research assigns AA+ for NCDs worth Rs 1,000 crore
-GPT Infra - CARE upgrades rating from BBB- to BBB
-Delhi HC sets aside Rs 100 crore fine onFortis Healthcare
-New UK pension plan cuts Tata Steelliability by 35 percent to Rs 1.2 lakh crore
-Electrosteel - Lenders unwilling to sanction additional loans worth Rs 1,400 crore: FE
-ICICI Bank reduces marginal cost of funds based lending rate rate by 0.5 percent
-Fortis Healthcare board meeting on August 4, 2016 to consider fund raising via QIP/FCCB/convertible securities
-Bharat Electronics board meeting on August 5 to consider buyback
-Syndicate Bank board meeting on August 4 to consider preferential shares of Rs 10 each worth Rs 776 crore to Government of India
-Karnataka Bank board meeting on August 5 to consider rights issue and / or preferential issue
-JMT Auto board meeting on August 4 to consider stock split from Rs 2 to Re 1 per share
-Rollatainers board meeting on August 4 to consider stock split from Rs 2 to Re 1
-SREI Infra board meeting on August 6 to consider buyback of long term infra bonds
-Eros International - Dishoom collects Rs 64.47 crore worldwide in the opening weekend
-Speciality Restaurant opens new Sigree restaurant in Chennai
-Indowind Energy added 4.2MW capacity in March 2016 and started production in May 2016
-Hotel Leela to sell Leela Palace, Chennai and / or Leela Palace, New Delhi
-Modex International board meeting on August 10 to consider bonus by capitalization of free reserves
-SMS Pharma board to meet on August 10 to consider draft scheme of demerger

0 Reviews

Contact form

Name

Email *

Message *