Monday, May 26, 2008

Stocks in news today

Stocks in news:

* Results today:
eClerx Services, Ess Dee Aluminium, Everest Kanto Cylinder, Kalpataru Power, Omaxe, REC, Shriram Transport Finance, Usha Martin Infotech
* New listing:
Bajaj Auto (after demerger); no circuit filter today; to be part of NSE F&O, futures lot size 200 shares; options strike prices between Rs 30-3330
Bajaj Finserv, Bajaj Auto (after demerger); no circuit filter today
* Bharti-MTN Saga
Pulls Out of Talks with MTN
Too Many Movements From MTN Led To Talks Being Called Off
MTN's New Structure Proposed Airtel Becoming A Subsidiary Of MTN
MTN Wanted Singtel Shrs In Exchange For Controlling Stake In MTN
Bharti says Not To Engage In Any Bidding War For Any Buyout
MTN Started Talks With Rel Comm Thursday Night
Alert: MTN Will Update Shareholders As The Market Opens On Monday Morning
* Rel Comm likely to accepts the MTN structure, RCom to transfer its 66% stake and become largest shareholder in MTN with 34% stake - ET
* Karnataka elections
BJP Gets 111 Seats In 224-member Assembly
BJP's BS Yeddyurappa Likely To Take Oath As CM On May 28
BJP Will Form Govt On Its Own In South India For 1st Time
Special Programmes For SC/ST & Minorities In The State: Yeddyurappa
Special Programmes Will Be Initiated For Industrialisation: Yeddyurappa
Rajnath Singh Says Karnataka Is An Indicator To General Elections
* Fuel price hike on hold for two weeks: PTI
* Fin Min
Opposed To Immediate Duty Cut On Petro Pdts On Inflationary Concerns: Srcs
* Left Parties
Oppose Any Move To Hike Oil Prices
CPI (M)'s Prakash Karat Reiterates Demand For Oil Product Duty Rejig
Hope Govt Won't 'Commit Suicide' By Raising Fuel Prices: Karat
* IOC
Seeks shareholder nod to increase working capital borrowings to Rs 80,000 cr from Rs 20,000 cr & $4.5 bn foreign borrowings
Seeks shareholder nod to mortgage moveable/immoveable properties
Borrowing as of Mar 31st 2008 at Rs 35,400cr with current paid up and free reserves as of Dec 31st was at Rs 41341 cr
Alert: IOC seeks shareholder nod via postal ballot
* R Power, GMR to bid for second power plant put on block by Temasek in Singapore -BS
* Rel Comm, Sources Say:
In Advanced Talks To Acquire London-based MVNO Vanco
Rel Comm-Vanco Deal Likely To Be Inked In Next Few Days
Deal size likely to be about $75 m
Rel Comm Refuses To Comment On Talks With Vanco
* Geojit Fin
To Shutdown Commodity Biz
Geojit Comm Biz To Be Closed To Get RBI Nod For BNP Paribas Open Offer
BNP Paribas To Pay Rs 40 Cr To Geojit Fin For Closure Of Comm Biz
* Indus Ind Bank plans GDR issue in first quarter of FY09 - FE
* SRF set to acquire Thailand based Co for Rs 200 cr - HT
* BHEL, Chinese cos eyeing Rs 2400 cr EPS contract from CESC - ET
* Citi Port financial open offer at Rs 18.50/sh
* Bank of Rajasthan board meet on May 31 to consider bonus issue
* Govt Says No Plan To Withdraw Sugar Export Subsidy Before Sep 30: NW18
* HDIL to bid for 10 Nelp blocks - DNA
* Re-listing
Andrew Yule (after reduction of capital)); no circuit filter today
Duroflex Engineering to resume trading; no circuit filter today
* Niraj Cement Structurals IPO opens today; offer of 32.5 lakh shares; price band Rs 175-190
* CBoP to be suspended after trading on June 6
* HUL Ups Product Prices By 3-28% Since Apr: NW18
* Gremach Infrastructure board approves issue of 1.5 cr convertible warrants to promoters
* Ex-dividend:
ABB (Rs 2.20/sh), Eicher Motors (Rs 5/sh)
* Cipa close to major OTC deal with Aussie firm- BS
* Crompton Greaves FY08 Consolidated
Net Sales At Rs 6,832 Cr Vs Rs 5,934 Cr
Net Profit At Rs 406.7 Cr Vs Rs 286.5 Cr
* Crompton Greaves Q4 Standalone
Net Sales: Rs 1159.53 cr Vs Rs 1077.17 cr
Other Income: Rs 24.06 cr vs Rs 13.28 cr
Operating Profit: Rs 156.55 cr vs Rs 114.33 cr (Up 37%)
Net Profit: Rs 103.07 cr vs Rs 69.92 cr (Up 47%)
* Geojit Fin Q4 Consolidated (YoY)
Net Sales: Rs 60.9 cr vs Rs 34.67 cr
Other Income: Rs 3.21 cr vs Rs 1.47 cr
Operating Profit: Rs 16.91 cr vs Rs 11.22 cr
Net Profit: Rs 11.8 cr vs Rs 5.74 cr (Up 106%)
* Geojit Q4 (QoQ) Consolidated
Net Sales: Rs 60.9 cr vs Rs 78.66 cr
Other Income: Rs 3.21 cr vs Rs 2.23 cr
Operating Profit: Rs 16.91 cr vs Rs 32.75 cr
Net Profit: Rs 11.8 cr vs Rs 22.24 cr
* TCI Q4
Net Sales: Rs 328.32 cr vs Rs 292.22 cr
Other Income: Rs 1.27 cr vs Rs 1.45 cr
Operating Profit: Rs 23.18 cr vs Rs 20.87 cr
Net Profit: Rs 15.65 cr vs Rs 9.42 cr
* Repro India Q4
Net Sales: Rs 35.05 cr vs Rs 35.74 cr
Other Income: Rs 75 lakh vs Rs 9 lakh
Net Profit: Rs 4.58 cr vs Rs 2.72 cr

Rohit

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