Thursday, 30 June 2016

{LONGTERMINVESTORS} Stocks in news: ITC, Mahanagar Gas, UltraTech, ABB, Jet, Bosch

 

  

Stocks in news: ITC, Mahanagar Gas, UltraTech, ABB, Jet, Bosch

Here are stocks that are in news today:

Ex-dividend today
-Century Enka Rs 7.5 per share
-Mayur Uniquoters 20 paise per share

Oil price hike
-IOC cuts petrol price by 89 paise per litre, diesel price by 49 paise per litre
-Aviation turbine fuel prices hiked by 4.9-5.7 percent

UltraTech Cement-Jaypee deal
-UltraTech Cement's Rs 15,900 crore Jaypee deal hits hurdles
-Hurdles owing to Jaypee's failure to meet certain commitments
-ICICI Bank starts debt recast for Jaypee

KPIT Technologies - Warning
-Expects revenues to drop 4 percent in Q1FY16 with a consequent drop in profitability
-Expect revenues and profits to be flattish in Q2 over Q1 levels
-ERP revenues drop more than anticipated

Satin Creditcare
-Board approves fund raising of up to Rs 250 crore (via preferential allotment and/or QIP)
-Board approves increase in foreign portfolio investment limit to 49 percent from 24 percent
-Board approves acquisition of Taraansha Services as a wholly owned subsidiary via share swap

Godrej Properties
-Forms 2 new funds for investment in residential projects
-Forms Godrej Fund Management & Godrej Residential Investment Program Ii (Grip II)
-Grip II acquires 80 percent equity in Godrej Greenview Housing, Thane

Mahindra Lifespace
-To sell South Mumbai property to promoter family's family trust
-Seeking shareholder's nod for transaction estimated at Rs 177 crore

Nila Infra
-Promoters convert 2.25 crore warrants into shares at Rs 5 per share against current market price of Rs 12
-Promoters own 59.8 percent currently

Other stocks and sectors that are in news today:
-Mahanagar Gas listing today
-ITC goes ex-bonus (1:2) today
-Sintex Industries & NIIT Technologies to start trading in F&O today
-Indian Overseas Bank and UCO Bank will be out of F&O today
-Stocks to start trading on NSE - Adhunik Metaliks, Mahamaya Steel, Setco Automotive
-Strides Shasun's successful completion of US FDA inspection at oral dosage facility in Bangalore
-CCI investigates ABB India for unfair business ways: BS
-L&T Infotech, IT arm of L&T, looking at acquisitions in Germany, France and the Nordic region: BS
-NTPC registers 10 percent growth in power generation in Q1
-Central Bank of India looking to raise Rs 30,000 crore by way of equity sale
-HDFC, SBI Life buy 18.5 percent in IDFC Infra Debt Fund: BS
-Adani Transmission raised Rs 1,000 crore via non-convertible debentures on June 30
-Jet Airways in talks with banks for USD 180 million loan
-Bosch board meeting for buyback today
-Corporation Bank sets over-night MCLR (marginal cost of funds based lending rate) at 9 percent, 1-year at 9.55 percent
-Gujarat NRE Coke allots 2.44 crore shares at Rs 11.03 per share to IDBI under corporate debt restructuring
-Veerhealth Care received order from Vision Impex, Uganda for manufacturing toothpaste under brand Fresh Up

 

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