Stocks in news: Purvankara, Adani Enter, Piramal, REC, Idea
Here are stocks that are in news today:
Results today: Bajaj Auto, Bajaj Holdings, Blue Star, DB Realty, Dewan Housing, Glodyne Tech, Hathway Cables, Mahindra Forging, Mangalore Refineries, Rohit Ferro, RPG Life, Thermax, Welspun India
MSCI changes:
-Adani Enterprises, Piramal Healthcare, REC added
-Idea deleted
-Changes effective from May 26
-Adani Enterprises, Piramal Healthcare, REC added
-Idea deleted
-Changes effective from May 26
Tata Tele says
-TRAI not addressed inequality in spectrum allotment
-Recommendations fail to address issue of excess spectrum beyond 6.2 MHz
-Does not recognise status as dual technology UASL-holder
-TRAI recommendations have pushed co further behind in the queue
-TRAI Recommendations adversely impact company
-TRAI not addressed inequality in spectrum allotment
-Recommendations fail to address issue of excess spectrum beyond 6.2 MHz
-Does not recognise status as dual technology UASL-holder
-TRAI recommendations have pushed co further behind in the queue
-TRAI Recommendations adversely impact company
Reliance Communications concall
-TRAI recommendations pro spectrum efficiency
-Govt will be able to release additional spectrum
-Networks like Rel Comm are first in queue for more spectrum
-Incumbent operators will have to pay up for excess spectrum
-Incumbent operators will have to return excess spectrum
-Impact on incumbent GSM operators close to Rs 10000 crore
-Company's impact only Rs 22 crore, TRAI views are progressive
-TRAI recommendations pro spectrum efficiency
-Govt will be able to release additional spectrum
-Networks like Rel Comm are first in queue for more spectrum
-Incumbent operators will have to pay up for excess spectrum
-Incumbent operators will have to return excess spectrum
-Impact on incumbent GSM operators close to Rs 10000 crore
-Company's impact only Rs 22 crore, TRAI views are progressive
Other stocks and sectors that are in news today:
-Cadila Healthcare in Pact with Abbott for Branded Generics for emerging markets
-Dhanalakshmi Bank board approves raising of capital via QIP
-Seamec : resumed vessel contract with Dulam International ltd on revised terms. Revenue during the above period would be around USD 5.4 million
-Everonn Education: Board meet on May 19 to issue convertible debentures & equity warrants to promoters
-Larsen & Toubro wins an order in Water Technology Business in Doha, Qatar worth Rs 850 crore
-BT waiting for Satyam merger to exit Tech Mahindra – BL
-Center may get tough on Power equipment from China – BL
-Ranbaxy will setup a Japan Focused unit – DNA
-Purvankara, Homes Venture to launch 2 msf project – DNA
-Cadila Healthcare in Pact with Abbott for Branded Generics for emerging markets
-Dhanalakshmi Bank board approves raising of capital via QIP
-Seamec : resumed vessel contract with Dulam International ltd on revised terms. Revenue during the above period would be around USD 5.4 million
-Everonn Education: Board meet on May 19 to issue convertible debentures & equity warrants to promoters
-Larsen & Toubro wins an order in Water Technology Business in Doha, Qatar worth Rs 850 crore
-BT waiting for Satyam merger to exit Tech Mahindra – BL
-Center may get tough on Power equipment from China – BL
-Ranbaxy will setup a Japan Focused unit – DNA
-Purvankara, Homes Venture to launch 2 msf project – DNA
Bajaj FinServ Q4: (cr - crore, vs - versus)
-Consolidated net profit at Rs 434 cr Vs Rs 107 cr (YoY)
-Consolidated total revenue at Rs 652 cr Vs Rs 140 cr (YoY)
-Consolidated net profit at Rs 434 cr Vs Rs 107 cr (YoY)
-Consolidated total revenue at Rs 652 cr Vs Rs 140 cr (YoY)
Tilaknagar Industries Q4
-Sales at Rs 146 cr vs Rs 92.8 cr (YoY)
-Net profit at Rs 13.9 cr vs Rs 7.11 cr (YoY)
-Sales at Rs 146 cr vs Rs 92.8 cr (YoY)
-Net profit at Rs 13.9 cr vs Rs 7.11 cr (YoY)
Harrison Malayalam Q4
-Sales at Rs 89.4 cr vs Rs 59.9 cr
-Loss of Rs 1.05 cr vs 9 cr (YoY)
-Sales at Rs 89.4 cr vs Rs 59.9 cr
-Loss of Rs 1.05 cr vs 9 cr (YoY)
