Stocks in news: RIL, RNRL, TCS, HDFC Bank, Sasken

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Stocks in news: RIL, RNRL, TCS, HDFC Bank, Sasken

This article was posted on Jul 20, 2009 and is filed under Press Releases

Results today: JSW Steel, Essar Oil, IDFC, Aptech, BASF India, Era Infra, Indo Rama Synthetics, KPIT Cummins, Merck, Mindtree, Peninsula Land, Sterlite Tech, SPARC, Triveni Engg, Zandu Pharma

RIL-RNRL update: Govt asks SC to make it party in RIL-RNRL gas dispute
RIL says copy of govt SLP (special leave petition) has been served to company
Exclusive: RIL-RNRL case update
-RNRL to file new counter affidavit in SC to govt’s SLP: Srcs
-Alert: Govt has filed SLP in SC to make family MoU (memorandum of understanding) Null and Void
RIL to SC: Please direct govt through oil min to become second respondent

Exclusive: Oil Min Sources Say:
-KG D-6 production reduced from peak 32 to 29 mmscmd
-Reduction due to low offtake power plants during monsoon
Govt Affidavit: GoI still has title on natural gas till delivery point

TCS Says:
-Forex hedging loss at Rs 85 crore versus Rs 195 crore (QoQ)
-Cost management efforts yielded better margins at 24.83%
-Q1 volume growth at 3.54%
-Earnings/share at Rs 7.83 versus Rs 6.59 (YoY)
TCS Q1 (US GAAP) (QoQ)
Net profit up 15.9% at Rs 1520 crore versus Rs 1314.3 crore
Net Sales up 0.5% At Rs 7,207 crore versus Rs 7,171.8 crore
Operating Profit up 5.26% at Rs 1,789 crore

Mint Exclusive:
-HDFC Bank pays Rs 131.4 crore to service tax department: Sources
-Payment pertains to CENVAT credit taken between 2006-2008: Sources

Hero Honda - Exclusive:
-Hero Honda to launch new Karizma by September: Sources
-New Karizma to counter new Pulsar 220: Sources

Sasken Q1
-Revenues at Rs 139.5 crore versus Rs 168 crore
-EBIDTA at Rs 24 crore versus Rs 44 crore
-Net profit at Rs 20.2 crore versus Rs 3.86 crore
-Forex gain of Rs 10 crore versus loss of Rs 8.1 crore
-Margins at 17.22% versus 26.1%

Allahabad Bank Q1
-Net profit at Rs 302.86 crore versus Rs 93.36 crore
-NII at Rs 629.05 crore versus Rs 468.5 crore (up 34.3%)
-NIM at 3% versus 2.6%
-EPS increased to Rs 6.78 versus Rs 2.09
-Net NPA reduced to 0.37% from 0.75%

Apollo Hospitals Q1
-Total income at Rs 405.9 crore versus Rs 329.07 crore
-Net profit at 44.8 crore versus Rs 29.27 crore
-EBIT at Rs 54.57 crore versus 44.35 crore
-OPM at 16.65% versus 16.4%
-Other income at Rs 14.68 crore versus Rs 3.87 crore

Reliance Industrial Infra Q1 Standalone
-Net sales at Rs 13.65 crore
-Net profit at Rs 5.10 crore

Here are stocks that are in news today:
Financial Technologies sells 5% in MCX-SX for Rs 250 crore
Engineers India says not aware of govt plan to sell stake in company
Shree Renuka Sugars acquires 5% in NCDEX from Goldman, ICE
Maytas Infra sells stakes in 2 expressways – BS
GKW to resume trading ((after scheme of arrangement))

Excel Infoway IPO subscribed 1.97 times

Raj Oil Mills IPO opens today, offer of 95 lakh shares, price band Rs 100-120 a share

source: Moneycontrol

Tags: 29th July, Stock News, stock results, stocks in news