Stocks in the news: Bharti Airtel, Vodafone Idea, ICICI Bank, HUL, Yes Bank, Cadila Health, HIL

Here are the stocks that are in the news today:

Results today: Bharti Airtel, ICICI Bank, Marico, Wockhardt, Chennai Petroleum, Gujarat Gas, Navin Fluorine, Mahindra CIE Automotive, Hindustan Composites, GTL, Godrej Agrovet, Great Eastern Shipping, Firstsource Solutions, Fortis Malar Hospitals

HUL Q4: Net profit up 13.8% at Rs 1,538 crore versus Rs 1,351 crore, revenue up 9.3% at Rs 9,945 crore versus Rs 9,097 crore, YoY.

L&T Tech Q4: Net profit up 3.2% at Rs 191.5 crore versus Rs 185.6 crore, rupee revenue up 2% at Rs 1,343.1 crore versus Rs 1,316.9 crore, QoQ.

LIC Housing Q4: Net profit up 16.7% at Rs 693.6 crore versus Rs 594.3 crore; revenue up 20.1% at Rs 4,655.1 crore versus Rs 3,877.6 crore, YoY

Birla Corp Q4: Net profit down 2.2% at Rs 128.2 crore versus Rs 131.1 crore, revenue up 13.4% at Rs 1,872.3 crore versus Rs 1,650.8 crore, YoY.

Federal Bank Q4: Net profit at Rs 381.5 crore versus Rs 145 crore; NII up 17.5% at Rs 1,096.5 crore versus Rs 933.3 crore, YoY.

Sheela Foam Q4 : Net profit up 17.8% at Rs 37.9 crore versus Rs 32.2 crore; revenue up at Rs 534.7 crore versus Rs 527.9 crore, YoY

AB Capital Q4: Net profit up 52.5% at Rs 258.4 crore against Rs 169.5 crore; revenue up 32.2% at Rs 4,730 crore versus Rs 3,577.6 crore, YoY.

NIIT Tech Q4: Net profit up 5.2% at Rs 105.5 crore against Rs 100.2 crore; revenue at Rs 972.2 crore versus Rs 971.7 crore, QoQ.

Morepen Laboratories Q4: Net profit at Rs 9.2 crore versus Rs 4.1 crore, revenue up 30.2% at Rs 206.1 crore versus Rs 158.2 crore, YoY

Vodafone Idea signs multi-million dollar IT deal with IBM

USFDA issues 14 observations for Cadila Healthcare's Moraiya facility

HIL has commenced the final phase production of its CpVC, UpVC and SWR (Soil, Waste & Rain) Pipes and Fittings at its plant located at Golan Plant, Gujarat

PNC Infra to sale entire stake (15.12%) in Ghaziabad Aligarh Expressway to Cube Highways and Infrastructure PTE

Embassy Office Parks REIT announces the successful placement of Embassy REIT Series I Non-Convertible Debentures 2019

Bharat Road Network has entered into a share purchase agreement with Cube Highways and Infrastructure Pte for sale of its holding in Ghaziabad Aligarh Expressway

RBI imposes Rs 11.25 lakh penalty on Yes Bank

TTK Prestige fixed May 16 as record date for issue of bonus shares

Aditya Birla Capital approved raising of funds worth Rs 3500 crore

EID Parry board meeting on May 8 to consider the proposal to raise Rs 300 crore by issue of Non Convertible Debentures on private placement basis in one and more tranches

Indian Overseas Bank board meeting on May 09 to consider and approve the proposal for raising capital for the year 2019-20 and other incidental matters

DHFL board approves raising capital worth Rs 2,000 crore in one or more tranches

Vodafone Idea's Capital Raising Committee approved allotment of 19,999,830,911 rights rquity shares of Rs 10 each for cash at a price of Rs 12.50 per rights equity share

Torrent Pharma has issued Commercial Paper for an amount of Rs 200 crore on May 3, 2019

Indiabulls Housing Finance approved merger of IHFL alongwith its wholly owned subsidiary, Indiabulls Commercial Credit into and with the Lakshmi Vilas Bank

Bank of Baroda hikes marginal cost of lending rate by 5 bps across tenors.

Shriram City Union allotted NCD worth of Rs 666.92 crore

Canara Bank: ICRA downgrades Additional Tier-I bonds to AA- from AA; outlook stable.

CRISIL has assigned the long term rating for Bank Loan facilities of Rs 750 crore as CRISIL AA- Stable and assigned short term rating as CRISIL A1+ to Deepak Nitrite

India Ratings and Research (Ind-RA) has assigned Vadilal Enterprises Limited Long-term issuer rating at 'IND A-'. The Outlook is Positive.

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Source: Moneycontrol

Stocks in the news: Panacea Biotec, Bharti Airtel, Fortis, Voltas, Asian Paints, Majesco, Coffee Day

Here are stocks that are in the news today:

Results on April 9: Bajaj Consumer Care, Simplex Projects

Bharti Airtel: SEBI approves company's Rs 25,000 crore fund raising plan - CNBC-TV18 Sources

Panacea Biotec: India Resurgence Fund, promoted by Piramal Enterprises and Bain Capital Credit, along with its affiliates has announced an investment of up to Rs 992 crore in the company.

Usha Martin's CFO Rohit Nanda resigned as the CFO w.e.f. April 9, appointed Anirban Sanyal as the new CFO

Voltas: Company in pact to sell Shima Seiki's products in India.

Fortis Healthcare: Girish Gupta steps down as CFO with immediate effect. Company appoints Vivek Kumar Goyal As Chief Financial Officer.

Fortis Healthcare looking to sale its 27.82 percent stake in Singapore based arm RHT Health Trust

Sun Pharmaceutical Industries' wholly owned subsidiary Sun Pharma Distributors will commence distributing company's formulation products in India, on the same terms as was with AML, in a phased manner upon receipt of requisite regulatory approvals

Quess Corp's staffing business adds 23,000 associates effective April 2019

Prabhat Telecoms (India): Company entered into a distributor agreement with 'Xmi Pte Ltd' (Hong Kong) for distributing telecom accessories and other accessories as manufactured products in Delhi and NCR, Rajasthan, Uttar Pradesh, Arunachal Pradesh, Nagaland, Mizoram, Meghalaya, Manipur, Sikkim, Assam, Tripura and West Bengal of the Republic of India to specific retailors on non-exclusive basis.

Karda Constructions: Company commenced construction of Hari Krishna - Phase IV, a residential cum commercial project in Nashik, Maharashtra. Total saleable area will be 60,548.71 square feet and expected sale proceeds should be around Rs 21.19 crore. The said project will be complete by November 2022.

Indo-Rama Synthetics appointed Maganti Narayan Sudhindra Rao as executive director and CEO for 3 years with effect from April 8.

Coffee Day Enterprises: Impact HD Inc (IHD) to invest $15 million for 49 percent stake in company's subsidiary Coffee Day Consultancy Services Private Limited. After this deal, company and its subsidiary Coffee Day Global will hold 51 percent stake in Coffee Day Consultancy Services Private Limited.

Majesco: Company appointed finance & operations expert Wayne Locke as new CFO.

Asian Paints: Company said fire broke out at manufacturing facility in Vishakhapatnam, Andhra Pradesh. Fire will not have any impact on the business operations of company.

Indian Overseas Bank decreased its MCLR for 1 year and above tenor by 5 bps with effect from 10.04.2019

DLF: GIC sells 7 crore shares in a block deal at Rs 192 per share - CNBC-TV18 sources. In 2016-17, GIC via property arm had bought 7 crore shares in DLF.

IndusInd Bank has priced the Notes at 3.875 percent, fixed rate on April 8, 2019 under the Medium Term Notes Programme acting through its IBU having an issue size of USD 400 million

Analyst or Board Meet/Briefings

Yes Bank: Bank will consider raising funds via debt, equity, and announce March quarter earnings on April 26.

Rushil Decor: Company's officials will meet investors/analysts on April 9.

Gateway Distriparks: Company's officials will meet Reliance Nippon Life Asset Management on April 9.

Finolex Industries: Company's officials will meet B&K Securities India on April 9.

5paisa Capital: Bank to consider raising funds via NCD and announce March quarter earnings on April 16.

Eris Lifesciences: Company's officials will meet IIFL on April 9.

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Source: Moneycontrol