Talwalkar IPO closes today
-Total: 0.90 times (x)
-QIB: 1.5x
-NII: Nil
-Retail: 0.4x
Nitesh Estate IPO opens today
3G Auction Update
-3G Auction financial impact on MTNL rises further
-MTNL to pay minimum of Rs 1,603 crore for Mumbai, Delhi 3G Slot
-MTNL payout on day 11 close to old national 2G License Cost
-Delhi, Mumbai 3G slot price expected to rise further
-CNBC-TV18 ALERT: MTNL & BSNL have sought govt help to pay 3G spectrum cost
Jet Airways Says:
-Konnect customers willing to pay more for higher grade services
-Konnect select to increase revenues by 8-10%
-Hope to fill 75-80% of the 8 Konnect select seats/flight
-Konnect helped improve seat factors from sub-60% to 75% plus
Nestle Q1CY10 (Huge margin pressure, competition taking toll) (cr - crore, vs - versus)
-Net sales at Rs 1485.4 cr vs Rs 1270.8 cr
-Net profit at Rs 201.9cr vs Rs 197 cr
-OPM at 20.5% vs 23.9%
-Other expenditure at Rs 338 cr vs Rs 271 cr ((advertising costs etc.))
Gujarat Gas Q1
-Sales at Rs 401.4 cr vs Rs 296.77 cr (up 35% YoY)
-PAT at Rs 62.4 cr vs Rs 36.11 cr (up 72% YoY)
Birla Corp : Q4'Fy10
-Sales at Rs 602 cr vs Rs 570 cr
-PAT at Rs 137.5 cr vs Rs 90.7 cr
Tata Sponge Q4 ((Huge margin expansion))
-Sales at Rs 167.2 cr vs Rs 131.3 cr ( up 27% YoY)
-PAT at Rs 33.35 cr vs Rs 11.55 cr ( up 188% YoY)
-OPM at 26.6% vs 10%
Falcon Tyres
-Sales at Rs 188.3 cr vs Rs 161 cr (up 13% YoY)
-PAT of Rs 10 cr vs Rs 5.4 cr (up 90% YoY)
Escorts Q2:
-Standalone net sales at Rs 671.68 Cr Vs Rs 481.64 Cr (YoY)
-Standalone net profit at Rs 41.47 Cr Vs Rs 7.82 Cr (YoY)
Ambuja Cements Q1
-Net sales at Rs 1,990.2 Cr Vs Rs 1,847.6 Cr (YoY)
-Net profit at Rs 462.2 Cr Vs Rs 334.1 Cr (YoY)
Sasken Comm Q4:
-Cons net sales at Rs 154 Cr Vs Rs 145.2 (QoQ)
-Cons net profit at Rs 21.8 Cr Vs Rs 17.1 Cr (QoQ)
Rallis India Q4:
-Net sales at Rs 192 Cr, net profit at Rs 22 Cr
Other stocks and sectors that are in news today:
-Aban Offshore : Aban arm's contract in Angola terminated by Maersk; Aban to redeploy rig in India & receive USD 64 million for termination
-Piramal Healthcare :To acquire the Anesthetic products business of Bharat Serums And Vaccines
-Rallis India declares a Bonus issue of 1:2
-Mindtree to acquire business of 7Strata ( amount not disclosed)
-Manaksia board meet on April 28 for buy-back
