Monday, 22 August 2016

{LONGTERMINVESTORS} Stocks in news: HPCL, Infosys, Bharat Forge, MEP, Shree Renuka ..

 

  

Stocks in news: HPCL, Infosys, Bharat Forge, MEP, Shree Renuka

 

Here are stocks that are in news today:

HPCL Q1
-Net profit up 30 percent at Rs 2,098.4 crore versus Rs 1,614.1 crore (YoY)
-Total income down 5.8 percent at Rs 51,661 crore Rs 54,822.3 crore (YoY)
-EBITDA up 17 percent at Rs 3,626.8 crore versus Rs 3,101.2 crore (YoY)
-EBITDA margin at 7 percent versus 5.7 percent (YoY)
-GRM at USD 6.83/barrel versus USD 8.56/barrel (YoY)
-Crude throughput up 19.5 percent at 4.48 mmt versus 3.75 mmt (YoY)
-Domestic sales up 5.1 percent at 8.89 mmt versus 8.46 mmt (YoY)
-Pipeline throughput at 4.65 mmt versus 4.64 mmt (YoY)
HPCL board
-Recommends bonus issue in the ratio of 2:1
-Approves expansion of Vizag refinery to 300,000 barrels per day
-Approves expansion of Vizag refinery at investment of Rs 20,928 crore
HPCL CMD M K Surana says
-Q1 growth stands at 30 percent
-GRM for Q1 stands at USD 6.83/barrel       
-Q1 saw inventory gain of Rs 1,100 crore
-Q1 marketing margin at same level as last year
-Expect volume growth to be above last year's level

Shree Renuka Sugars Q1
-Net profit at Rs 3.2 crore versus loss of Rs 150.2 crore (YoY)
-Total income up 2.8 percent at Rs 1,629.1 crore versus Rs 1,584.8 crore (YoY)
-EBITDA at Rs 114.6 crore versus EBITDA loss of Rs 121.4 crore (YoY)
-Other income at Rs 15.1 crore versus Rs 6.6 crore (YoY)

Allcargo Logistics Q1
-Consolidated net profit down 8.4 percent at Rs 61 crore versus Rs 66.6 crore (YoY)
-Consolidated total income down 4.5 percent at Rs 1,398.9 crore versus Rs 1,465.2 crore (YoY)
-Consolidated EBITDA down 3.2 percent at Rs 133.2 crore versus Rs 137.6 crore (YoY)
-Consolidated EBITDA margin at 9.5 percent versus 9.4 percent (YoY)

HFCL Q1
-Net profit down 57.9 percent at Rs 46.1 crore versus Rs 109.4 crore (YoY)
-Total income down 19.4 percent at Rs 504 crore versus Rs 625.4 crore (YoY)
-EBITDA down 29 percent at Rs 63.7 crore versus Rs 89.7 crore (YoY)
-EBITDA margin at 12.6 percent versus 14.3 percent (YoY)
-HFCL to issue non-convertible debentures (NCDs) worth Rs 33.75 crore to lenders for CDR exit recompense

SAIL says
-ECL Lenders Approached Co To Take Over Only Supervision Of Ops & Maintainance        
-Discussions On To Take Over Supervision Of ECL, No Decision Yet
-No Negotiations With Lenders To Take Over Mgmt Control Of Electrosteel

SAIL Clarification
-Electrosteel Lenders Approached Co To Take Over Supervision Of Ops & Maintenance Of ECL
-Discussion To Take Over Supervision Still On, No Decision So Far
-No Negations With Lenders  To Take Over Mgmt Control Of Electrosteel

L&T Defence & Aerospace Head:
-Not Overly Optimistic Of Foreign Inflows Into Defence In FY17
-Major Programmes Involving Foreign Governments Will Lead To Pick Up In Orders
-Small Arms Sector Remains An SME Game; Not Something Co Is Interested In
-Future Growth Will Come From Warships, Submarines, Big Artillery Guns & FICV
-Invested In 8 Special Purpose Factories For Defence Goods
-Hope To Meet Rs 18,000 Cr-Rs 20,000 Cr Worth Of Orders In FY17
-Q1 Not Great, But Hope To Get Rs 5,000 Cr-Rs 6,000 Cr Orders In H1FY17\

JK Tyres CMD says
-Cavendish Acquisition Will  Strengthen Co's Market Position
-May See Upward Pressure On Input Prices In Next 6 Months
-Improving Efficiencies, Re-inventing Technology To Help Cut Costs
-Mining Sector Has Not Picked Up As Expected
-Not Seeing A Lot Of  International Demand
-Domestic Demand Picking Up, But At A Slow Pace
-Demand Pick Up May Take Another 6 Months
-Chinese Dumping Has Increased 45 percent YoY
-Urjit Patel An Excellent Choice, Has Been Part Of Monetary Policy

Infosys To CNBC-TV18
-There Are No Layoffs At Infosys
-There Have Been A Few Separations Due To Performance & Disciplinary Issues
-Separations Take Place On An Ongoing Basis, No Different From Previous Yrs
-Separations Not Connected  With Any Business Situation
-Number Of Separation Reported In News Incorrect, Actual Number Far Below

Other stocks and sectors that are in news today:
-IIFL: Board To Consider Issue Of Rs 390 Cr Market-linked NCDs On Aug 25
-Union Bank: Issues Basel III Compliant Tier II Bonds Worth Rs 1,000 Cr Via Private Placement
-Vipul: Board To Meet On Sep 9 To Consider Early Redemption Of NCDs Worth Rs 47 Cr
-Titagarh Wagons: Titagarh Agrico Becomes Wholly Owned Unit Post Buy Of 11.27 Lk Shares
-Bharat Forge: Bombay HC Approves Amalgamation Of BF Infra Ventures Into BF Infrastructure
-Birla Corp Completes Acquisition Of Reliance Cement From Reliance Infra
-MEP Infra Wins Rs 79.2 Cr Contract For Collection Of User Fee For Ghangari Project

 

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