| 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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