Here are stocks that are in news today: Future Enterprises Q2 -Net loss at Rs 33.8 crore versus profit of Rs 32.5 crore (YoY) -Total income down 69.8 percent at Rs 935.3 crore versus Rs 3,098.4 crore (YoY) -EBITDA down 13.9 percent at Rs 236.3 crore versus Rs 274.3 crore (YoY) -EBITDA margin at 25.3 percent versus 8.9 percent (YoY) Supreme Infra Q2 -Net loss at Rs 43.4 crore versus profit of Rs 1.1 crore (YoY) -Total income down 41.9 percent at Rs 194 crore versus Rs 333.7 crore (YoY) -EBITDA down 82.4 percent at Rs 10.6 crore versus Rs 60.3 crore (YoY) -EBITDA margin at 5.5 percent versus 18.1 percent (YoY) Kolte Patil Q2 -Consolidated net profit up 54.4 percent at Rs 19.3 crore versus Rs 12.5 crore (YoY) -Consolidated total income up 24.9 percent at Rs 226 crore versus Rs 181 crore (YoY) -Consolidated EBITDA up 21 percent at Rs 57.1 crore versus Rs 47.2 crore (YoY) -Consolidated EBITDA margin at 25.3 percent versus 26.1 percent (YoY) -Finance cost at Rs 20.5 crore versus Rs 17.7 crore (YoY) Nagarjuna Fertilizers Q2 -Net loss at Rs 11.9 crore versus loss of Rs 37.7 crore (YoY) -Total income down 5.8 percent at Rs 1,108 crore versus Rs 1,176.2 crore (YoY) -EBITDA up 46.9 percent at Rs 83.6 crore versus Rs 56.9 crore (YoY) -EBITDA margin at 7.5 percent versus 4.8 percent (YoY) Endurance Technologies Q2 -Net profit up 7.3 percent at Rs 89.2 crore versus Rs 83.1 crore (QoQ) -Total income up 1.7 percent at Rs 1,561.9 crore versus Rs 1,536.3 crore (QoQ) -EBITDA up 9 percent at Rs 200.8 crore versus Rs 184.3 crore (QoQ) -EBITDA margin at 12.9 percent versus 12 percent (QoQ) Ashoka Buildcon Q2 -Net profit up 44.7 percent at Rs 45.3 crore versus Rs 31.3 crore (YoY) -Total income down 5.3 percent at Rs 442.8 crore versus Rs 467.6 crore (YoY) -EBITDA up 10.6 percent at Rs 69.8 crore versus Rs 63.1 crore (YoY) -EBITDA margin at 15.8 percent versus 13.5 percent (YoY) BGR Energy Q2 -Net profit up 37.5 percent at Rs 11 crore versus Rs 8 crore (YoY) -Total income down 0.7 percent at Rs 827.6 crore versus Rs 833.4 crore (YoY) -EBITDA down 0.8 percent at Rs 75.2 crore versus Rs 75.8 crore (YoY) -EBITDA margin unchanged at 9.1 percent (YoY) Dredging Corporation Q2 -Net loss at Rs 143.4 crore versus profit of Rs 20.8 crore (YoY) -Total income up 0.9 percent at Rs 161.3 crore versus Rs 159.9 crore (YoY) -EBITDA down 75.5 percent at Rs 11.1 crore versus Rs 45.3 crore (YoY) -EBITDA margin at 6.9 percent versus 28.3 percent (YoY) Parsvnath Developers Q2 -Net loss at Rs 6.2 crore versus loss of Rs 12.3 crore (YoY) -Total income up 0.2 percent at Rs 48.9 crore versus Rs 48.8 crore (YoY) -EBITDA at Rs 5 crore versus EBITDA loss of Rs 2.3 crore (YoY) India Glycols Q2 -Net profit at Rs 12 crore versus Rs 1.8 crore (YoY) -Total income up 30.4 percent at Rs 997.5 crore versus Rs 765.2 crore (YoY) -EBITDA down 15.8 percent at Rs 53.1 crore versus Rs 63.1 crore (YoY) -EBITDA margin at 5.3 percent versus 8.2 percent (YoY) -Exceptional gain at Rs 5 crore versus loss of Rs 13.9 crore (YoY) GE Power Q2 -Net loss at Rs 97.1 crore versus loss of Rs 48 crore (YoY) -Total income down 8.8 percent at Rs 496 crore versus Rs 544 crore (YoY) -EBITDA loss at Rs 115 crore versus loss of Rs 106.5 crore (YoY) P&G Health Q1 -Net profit up 50 percent at Rs 104.4 crore versus Rs 69.6 crore (YoY) -Total income up 12.5 percent at Rs 622.5 crore versus Rs 553.4 crore (YoY) -EBITDA up 55.9 percent at Rs 151.1 crore versus Rs 96.9 crore (YoY) -EBITDA margin at 24.3 percent versus 17.5 percent (YoY) Mines Minister says -Asked NALCO to reconsider iran smelter plan -NALCO should look at setting up smelter ideally in Odisha -Have not seen any proposal on a potential breakup of Coal India -Coal India's strength comes from it being one company Coal & Power Minister Piyush Goyal says -NTPC board can consider taking up some stressed power assets for operations -SBI chairman has discussed issue of stressed power assets' operations -Discoms' bill payments have surged due to demonetisation -Expect coal linkage proposal to be soon considered by cabinet -Looking for hedged gas pricing for long-term for stranded gas power plant NMDC -Hikes fines price by Rs 100/wmt to Rs 1,860/wmt (MoM) from November 29 -Keeps lump ore prices unchanged at Rs 2,100/wmt (MoM) from November 29 -To consider strategic divestment of Nagarnar Steel Plant Mandhana Industries -To withdraw dividend recommended on May 24 -Dividend withdrawn on supplication of proposed strategic debt restructuring Cadila Healthcare -Zydus announces settlement of patent litigation of Delzicol, with Allergan -Zydus to now sell generic Delzicol in the US w.e.f March 1, 2020 GTL Infra -IDFC Alternatives may buy majority stake in GTL Infra: Mint -Company has a debt of Rs 5,000 crore Other stocks and sectors that are in news today: -KEC International wins orders worth Rs 840 crore -Crompton Greaves & Pauwels Spaco agreed to extend long stop date of share purchase agreement to December 6 -Eros International Media approves proposal to issue non-convertible debentures worth Rs 2,000 crore -Siemens to consider sale of part of global wind power business to related party on December 5 -PNB cuts MCLR by 10 bps across all maturities from December 1 -ISMA says November sugar production up 17.4 percent at 27.41 lakh tonne versus 23.35 lakh tonne (YoY) -Bank of Baroda allots additional Tier 1 Basel-III compliant bonds worth Rs 1,000 crore -Pricol's trading suspension due to amalgamation -Surya Roshni - ICRA assigns rating of A1+ for commercial papers -Pokarna - CRISIL upgrades long term rating from BB- to BB+ and reaffirms short term rating of A4+ -Info Edge invests additional Rs 1 crore in subsidiary – Vcare Technologies -Nettlinx board meeting on December 9 to approve 18.35 lakh convertible warrants -Demonetisation impact – Soma Textiles to work 4 days a week against 6 days for December 2016 -M&M seeks shareholder approval for demerger of two wheeler undertaking of Mahindra Two Wheelers -Varun Beverages approved redemption of non-convertible debentures (NCDs) worth Rs 3 billion -IL&FS Engineering and Construction is lowest Bidder for rural electrification and integrated power development works worth Rs 677.8 crore in West Bengal -Cosyn gets order worth Rs 34.44 crore from West Bengal State Electricity Distribution -A2Z Infra gets contract worth Rs 35.25 crore from Chhattisgarh State Power Transmission -Gokak Textile (Shapoorji Pallonji Company) approved NCDs worth Rs 35 crore -State Bank of Travancore board meeting on December 7 to consider NCDs up to Rs 600 crore -Peninsula Land to sell 150 acres of land at Rs 800 crore to reduce debt: Mint -ONGC crosses daily production target, revises annual goal: BS -Bajaj Finance issues NCDs worth Rs 105 crore on private placement basis |
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