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Stocks in news: Sun Pharma, SBI, Polaris, Nestle, Blue Star

Sun Pharma | SBI | Tata Steel | Polaris | Nestle India | Indian Hotels | Lanco Infra | Power Grid | Engineers India | HDIL | Ashiana Housing | Finolex Cables | eClerx Services | Jain Irrigation | Tilaknagar Industries | Blue Star and Apollo Tyres are stocks, which are in the news today.

August 11, 2015 / 10:18 AM IST
 
 
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Here are stocks that are in news today:

Results Today: State Bank of India, Sun Pharmaceutical, Tata Steel, HPCL, Bosch, Apollo Tyres, Apollo Hospital, NMDC, Adani Enterprises, Hathway Cable, Reliance Power, Godrej Industries, Prestige Estates, JK Lakshmi Cement, JBF Industries, Aegis Logistics, Hindustan Copper, Hindustan Organic Chemicals, IFCI, IL&FS Investment Managers, Manpasand Beverages, Aksh Optifibre, Ansal Properties, Aries Agro, Astral Poly Technik, Godawari Power, Graphite India, Gujarat Narmada Valley Fertilizers, Harrisons Malayalam, Jai Corp, Jubilant Life Sciences, Kabra Extrusion Technik, Linc Pen, Megasoft, Nitesh Estates, Prakash Industries, Punjab Chemicals, Sandesh, Shriram EPC, Siyaram Silk Mills, Orissa Minerals Development, VERSUSTTillers Tractors, Vascon Engineers, Vindhya Telelinks Limitd, West Coast Paper Mills

Jain Irrigation Q1-Standalone net profit up 26.7 percent at Rs 20.4 crore versus Rs 16.1 crore (YoY)-Standalone total income up 7.8 percent at Rs 1,092.5 crore versus Rs 1,013.6 crore (YoY)-Standalone EBITDA up 12.5 percent at Rs 175 crore versus Rs 156 crore (YoY)-Standalone EBITDA margin at 16 percent versus 15.4 percent-Forex loss of Rs 11 crore

eClerx Services Q1-Net profit up 37.6 percent at Rs 73.2 crore versus Rs 53.2 crore (QoQ)-Total income up 18.7 percent at Rs 298.3 crore versus Rs 251.3 crore (QoQ)

Finolex Cables Q1-Net profit up 38.3 percent at Rs 48 crore versus Rs 34.7 crore (YoY)-Total income up 2.8 percent at Rs 588.3 crore versus Rs 572 crore (YoY)

Radico Khaitan Q1-Net profit up 9 percent at Rs 18.1 crore versus Rs 16.6 crore (YoY)-Total income up 6.7 percent at Rs 394.7 crore versus Rs 370 crore (YoY)

Ashiana Housing Q1-Consolidated net profit at Rs 6.7 crore versus loss of Rs 2.2 crore (YoY)-Consolidated total income up 94.7 percent at Rs 22 crore versus Rs 11.3 crore (YoY)

Pantaloons Fashion Q1-Net loss at Rs 73 crore versus loss of Rs 78 crore (YoY)-Total income up 13.8 percent at Rs 439.3 crore versus Rs 386 crore (YoY)

Rajshree Sugars Q1-Net loss at Rs 19.9 crore versus loss of Rs 12.6 crore (YoY)-Total income down 39.8 percent at Rs 117.9 crore versus Rs 196 crore (YoY)

HDIL Q1-Consolidated net profit up 2.8 percent at Rs 59.2 crore versus Rs 57.6 crore (YoY)-Consolidated total income up 6.7 percent at Rs 266.7 crore versus Rs 249.9 crore (YoY)

HDIL says-Hope to generate transfer of development rights (TDR) Of 5 lakh square feet to 10 lakh square feet in next two quarters-Expect EBITDA margins to improve in coming quarters-Generated Rs 353.2 crore through residential sales in Q1, up 15 percent YoY-Aim to pare debt by 20-25 percent in FY16-Aim to monetise more non-core (land) assets over next two quarters-Continuing with construction of tenements for MIAL project-Deal with MIAL currently under arbitrationAlert: MIAL earlier sent contract termination to HDIL on airport SRA project-No new launches planned in near future-TDR prices ranged between Rs 3,500-4,000 per sq ft in Q1

Gujarat NRE Coke Q1-Net loss at Rs 56.3 crore versus loss of Rs 66.7 crore (YoY)-Total income at Rs 242 crore versus Rs 63 crore (YoY)

GMDC Q1-Net profit at Rs 73.5 crore versus Rs 130.5 crore (YoY)-Total income at Rs 316.6 crore versus Rs 423.9 crore (YoY)

Power Grid Q1-Net profit up 20.2 percent at Rs 1,366.5 crore versus Rs 1,136.5 crore (YoY)-Total income up 19.7 percent at Rs 4,717.5 crore versus Rs 3,942 crore (YoY)-EBITDA up 22.75 at Rs 4,137 crore versus Rs 3,373 crore (YoY)-EBITDA margin at 87.7 percent versus 85.6 percent (YoY)

Engineers India Q1-Net profit down 29.4 percent at Rs 56.8 crore versus Rs 80.4 crore (YoY)-Total income down 10.3 percent at Rs 390.5 crore versus Rs 435.5 crore (YoY)-EBITDA down 49.1 percent at Rs 28 crore versus Rs 55 crore (YoY)-EBITDA margin at 7.3 percent versus 12.5 percent (YoY)

Garware Wall Ropes Q1-Net profit up 50.5 percent at Rs 14.6 crore versus Rs 9.7 crore (YoY)-Total income up 20 percent at Rs 239.3 crore versus Rs 199.4 crore (YoY)

HMT Q1-Net loss at Rs 25.2 crore versus loss of Rs 23.3 crore (YoY)-Total income down 19.2 percent at Rs 10.5 crore versus Rs 13 crore (YoY)

India Glycols Q1-Net profit at Rs 7.7 crore versus Rs 1.3 crore (YoY)-Total income down 3.1 percent at Rs 708 crore versus Rs 730.7 crore (YoY)

Minda Industries Q1-Consolidated net profit up 1.5 percent at Rs 13.7 crore versus Rs 13.5 crore (YoY)-Total income up 10.4 percent at Rs 532.6 crore versus Rs 482.6 crore (YoY)

Centre set to seek Rs 426 crore in damages from Nestle-Centre to move National Consumer disputes redressal commission in next few days: BS

Finance Ministry issues summons to 16 insurance companies in Rs 2,500 crore CENVAT credit case-Chennai zonal unit of DGCEI conducting investigation under summons against 16 insurance companies

Madras High Court: (Sun TV in focus)-Rejects Dayanidhi Maran's anticipatory bail plea-Gives Dayanidhi Maran 3 days to surrender before CBI

Dayanidhi Maran to move Supreme Court with anticipatory bail plea

Vedanta to CNBC-TV18-Have to do a lot to manage costs of mining, metal prices have melted down-Economics of mining will lead to margins-Taxes & duties are still high in India-Sesa has a long history & proud heritage; will find buyers soon-In talks with steel companies in Japan & China-Steel mills are waiting for Goa to reopen mines-Company expects shipment of iron ore from early next year-State government to approach Supreme Court within 2 months for removal of Goa Permanent Iron Ore Fund (GPIOF)-10 percent export duty on low grade iron ore not feasible for miners-Have sought finance & mines ministries for removal of export duty-Had about 10,500 workers in FY12 in Goa, now reduced to half-Expect workers to come back in 2-3 years-Expect mining cap to increase to 40 million tonnes per annum once Goa reaches 20 million tonnes per annumAlert: Supreme Court has imposed mining limit of 20 mtpa in Goa-Have approached Central Empowered Committee (CEC) in Karnataka for increase of iron ore mining limit-Expect CEC to hear company's request for increasing mining limit within 2 months-Iron ore auction in Karnataka looks attractive-Company will participate in auction of iron ore leases by Karnataka government-Company aims to meet 5.5 mtpa in Goa & 2.9 mtpa in Karnataka in FY16-Will apply for higher mining limits in Goa once company reaches cap of 5.5 mtpa

Wockhardt says-Revenue growth due to good sales push in India & UK markets-India business robust; launched 24 products in past quarter-Looking at new product opportunities in diabetes, dermatology-Chikalthana plant has received UK approval for GMP-Product supplies to UK from Chikalthana will start from next quarter-To submit corrective report on Chikalthana to US FDA in two weeks-Have applied to US FDA for approvals from third party sources-Expect to start supplying from third party sources from H2FY16-Product recall from US completed in April 2015

Other stocks and sectors that are in news today:-Syngene International lists today-Chairman Arun Jain, key investors in talks to sell controlling stake in Polaris: ET-Allied Blenders drops plans to acquire Tilaknagar Industries over difference in valuations: ET-US becomes 7th country to give clean chit to Maggi Noodles (Nestle): ET-Blue Star shuts Thane plant owing to mounting losses: BS-Indian Hotels (in AGM): Taj Hotels to consolidate overseas operations into single company-Textiles ministry to hold talks in September on remunerative cotton price-Government rejects BALCO’s plea for accepting bid for Gare Palma IV/1 coal mine in Chhatisgarh-Lanco Infratech in talks with investors to infuse equity in Teesta plant-Foxconn to set up manufacturing unit in Sri City, Andhra Pradesh exclusively for Mi Phones-Insecticides (India) sets Rs 536.52/share as floor price for QIP issue-Oil minister Dharmendra Pradhan says GAIL to hold stake in TAPI as global firms shun 4-nation project-IOC launches tender to buy one LNG cargo for September delivery: Reuters sources-GAIL purchases 2 cargos for September delivery following a recent tender: Traders to Reuters-SEBI seeks clarification from RBL Bank, Infibeam Incorporation & Paranjape Schemes on IPO plans

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