Tuesday, 15 November 2016

{LONGTERMINVESTORS} Stocks in news: ABB, LT Foods, JM Financial, Ambuja Cements

 

Stocks in news: ABB, LT Foods, JM Financial, Ambuja Cements

Here are stocks that are in news today:

Petrol price cut by Rs 1.46/L, Diesel by Rs1.53/L, effective midnight

Listing of bonus shares
High Ground Enterprise

Bannariamman Sugars
HC at Madras sanctions amalgamation of Madras Sugars with itself

UPL
Listing of 5 percent Optionally Convertible Preference Shares (OCPS) and 5 percent Compulsory Convertible Preference Shares (CCPS)

Hind Rectifiers
ICRA assigns long term rating of BB+ and short term rating of A4+

Mukand
Brickwork Ratings upgrades long term rating from BWR FBB to BWR FBB+

Ambuja Cements
Subsidiary Holderind Increased Stake In Ambuja Cement To 63.11%
Subsidiary Holderind Increased Stake In ACC To 4.48%
Impact On Net Debt Is 325 m Swiss Franc

Tata Global Beverage Q2
Cons Net Profit Up 48.1% At `108.1 Cr Vs `73 Cr (YoY)
Cons Total Income Down 2.6% At `1,626 Cr Vs `1,669 Cr (YoY)
Cons EBITDA Up 34.8% At `189.7 Cr Vs `140.7 Cr (YoY)
Cons EBITDA Margin 11.7% Vs 8.4% (YoY)

PNB Housing Q2
Net Profit Up 78.3% At `137.6 Cr Vs `77.2 Cr (YoY)
Income From Ops Up 50.8% At `970.2 Cr Vs `643.2 Cr (YoY)

CNBC-TV18 Exclusive: Sources Say
Holcim Likely To Have Bought 4.2% In ACC & 2.5% In Ambuja Via Block Deal
Institutional Investors Major Sellers In ACC & Ambuja Block Deals
Axis Cap Banker To Ambuja & ACC Block Deals

Newspapers
ACC/Shree cements
Compat stayed order of CCI against these co's on cartelization

ONGC
OVL plans to bid for gas blocks in Columbia

Other stocks and sectors in the news
JM Financial acquired 17.53 percent stake in India Home Loan Ltd
Wheels India signs agreement with FLUITECNIK manufacture of Hydraulic components for mill manufacturers in India
Smartlink Network invested Rs 38.5 crore in 2 subsidiaries
LT Foods approved stock split from Rs 10 to Re 1 per share
VA Tech Wabag associate company gets final arbitration award of USD 9 mn
ABB India gets order to supply 1600 transformers to support railway expansion in India

 

 

 

 

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