Tuesday 29 January 2019

Stocks in the news: Axis Bank, HCL Tech, Bank of India, Praj Industries, Ceat, Persistent, Mindtree


Results on January 29: Axis Bank, HCL Technologies, HDFC, Bajaj Finance, Bank of Baroda, Oriental Bank of Commerce, Johnson Controls, Eris Lifesciences, Himadri Speciality Chemical, Indiabulls Integrated Services, Orchid Pharma, Mahanagar Gas, Bharat Financial Inclusion, SORIL Infra Resources, Kingfa Science & Technology (India), Intense Technologies, Lloyds Steels Industries, Teamlease Services, Hester Biosciences, Tata Steel BSL, Crompton Greaves Consumer Electricals, Pokarna, Welspun Enterprises, DCM Shriram, The Ramco Cements, Subex, Tata Coffee, Cera Sanitaryware, Bliss GVS Pharma, WABCO India, Revathi Equipment, Times Guaranty, KEC International, Bajaj Finserv, Electrosteel Castings, KEI Industries, Godrej Consumer Products, Fertilizers and Chemicals Travancore, Eimco Elecon (India), Kansai Nerolac Paints, Ramco Industries, Apar Industries, Info Edge (India), Kalyani Forge, Apcotex Industries, Strides Pharma Science, Granules India

Bank of India Q3: Net loss at Rs 4,738 crore against loss of Rs 2,341 crore; NII rises 33.2 percent to Rs 3,332 crore versus Rs 2,501 crore YoY; gross NPA falls to 16.3 percent against 16.36 percent and net NPA down at 5.87 percent against 7.65 percent QoQ.

Tata Power Q3: Consolidated profit falls 78 percent to Rs 126.7 crore versus Rs 591 crore; revenue rises to 21.2 percent to Rs 7,706 crore versus Rs 6,360.2 crore YoY.

Praj Industries Q3: Profit jumps to Rs 22.4 crore versus Rs 7.5 crore; revenue rises 33 percent to Rs 330.3 crore versus Rs 248.3 crore YoY.


Ceat Q3: Consolidated profit dips to Rs 52.77 crore versus Rs 82.64 crore; revenue falls to Rs 1,714 crore versus Rs 1,574 crore YoY.

Persistent Systems Q3: Profit rises to Rs 91.7 crore versus Rs 88.14 crore; revenue increases to Rs 864.25 versus Rs 835.55 crore QoQ.

Persistent Systems: Board approved buy-back of Rs 225 crore.

Shoppers Stop Q3: Profit jumps to Rs 44.32 crore versus Rs 16.34 crore; revenue rises to Rs 999.15 crore against Rs 963.2 crore YoY.

IL&FS Transportation Networks: Interest due and payable on January 28 on the NCDs was not paid to the debenture holders due to insufficient funds.

Mindtree and Cafe Coffee Day: The Income Tax department attached Siddhartha's and Coffee Day's shares, amounting to 4.5 percent of Mindtree, citing potential claims on an ongoing assessment - CNBC-TV18.

Savita Oil Technologies Q3: Profit jumps to Rs Rs 44.47 crore versus Rs 18.22 crore; revenue rises to Rs 602 crore versus Rs 573 crore QoQ.

Music Broadcast: Profit rises to Rs 16.4 crore versus Rs 11.88 crore; revenue increases to Rs 87 crore versus Rs 76.18 crore YoY.

Siyaram Silk Mills Q3: Profit falls to Rs 20 crore versus Rs 22.43 crore; revenue rises to Rs 446.3 crore versus Rs 393.60 crore YoY.

Network 18 Media and Investments: ICRA assigned AAA/Stable rating to the company's long-term borrowing programme (bank loan / non-convertible debenture programme) of Rs 1,000 crore (enhanced from Rs 500 crore).

Ramco Systems Q3: Loss at Rs 2.9 crore versus profit at Rs 4.08 crore; revenue rises to Rs 143.58 crore versus Rs 131.47 crore QoQ.

TV18 Broadcast: ICRA assigned the credit rating of AAA-Stable)/A1+ to the company's long-term / short-term, fund-based / non-fund based facilities limits of Rs 750 crore (enhanced from Rs 354 crore).

Newgen Software Technologies: Company has executed an agreement to purchase office premises in Noida, Uttar Pradesh, total admeasuring 4,067 square meters at Rs 49 crore.

Hubtown: Board decided to divest its entire shareholding in one of its subsidiary Heet Builders Private Limited (Heet), comprising of 4,720 equity shares of the face value of Rs 100 per share to purchasers.

Sharon Bio-Medicine: API plant in Taloja, Maharshtra is directed for closure of operations under water and air (Prevention & Control of Pollution) Acts.

Balaji Amines Q3: Profit falls to Rs 26.3 crore versus Rs 28.08 crore; revenue rises to Rs 239.7 crore versus Rs 218.83 crore YoY.

Shalby Q3: Profit rises to Rs 12.89 crore versus Rs 10.48 crore; revenue jumps to Rs 113 crore versus Rs 96.66 crore YoY.

Punjab Alkalies & Chemicals Q3: Profit at Rs 3.36 crore versus loss Rs 1.12 crore; revenue rises to Rs 97.22 crore versus Rs 88.2 crore YoY.

Intellect Design Arena Q3: Consolidated profit drops to Rs 13.4 crore versus Rs 31.5 crore; revenue falls to Rs 374.7 crore versus Rs 380.4 crore QoQ.

Vaibhav Global Q3: Profit jumps to Rs 52.51 crore versus Rs 45.53 crore; revenue rises to Rs 510.6 crore versus Rs 461.6 crore YoY.

Nucleus Software Exports Q3: Profit increases to Rs 20.73 crore versus Rs 19.14 crore; revenue rises to Rs 122.93 crore versus Rs 121.49 crore QoQ.

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Source: Moneycontrol

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