Stocks that are in news today :
Results Today - Crompton Greaves, Educomp Solutions, Gammon India, MTNL, Morepen Lab, Koutons Retail, Kewal Kiran, Tata Coffee, Amrutanjan Health
Kingfisher Airlines - Sources
-Kingfisher Airlines undertakes realignment & restructuring of debt
-SBI Caps given mandate to prepare restructuring package
-Total debt under restructuring spread across 15 banks
-SBI has Rs 1,100 crore exposure to KFA
-Wants to defer repayment of loans falling due this fiscal
-Looking at options like hiking tenure of capex loans
-Will go for GDR issue after realignment of debt
-SBI Caps expected to submit report in approximately 1 month
-Looking at realigning debt of Rs 1500 crore
-Not seeking any concessions from banks
-Kingfisher Airlines undertakes realignment & restructuring of debt
-SBI Caps given mandate to prepare restructuring package
-Total debt under restructuring spread across 15 banks
-SBI has Rs 1,100 crore exposure to KFA
-Wants to defer repayment of loans falling due this fiscal
-Looking at options like hiking tenure of capex loans
-Will go for GDR issue after realignment of debt
-SBI Caps expected to submit report in approximately 1 month
-Looking at realigning debt of Rs 1500 crore
-Not seeking any concessions from banks
HCC - CNBC-TV18 exclusive: Sources
-HCC likely to demerge internal technology operations into separate IT arm
-IT arm likely to deal with ERP solutions for infrastructure sector
-Internal technology operations contribute to 2% of overall revenues
-Announcement likely today
-HCC likely to demerge internal technology operations into separate IT arm
-IT arm likely to deal with ERP solutions for infrastructure sector
-Internal technology operations contribute to 2% of overall revenues
-Announcement likely today
Tilaknagar - VCCircle exclusive:
-Tilaknagar to buy Liquors India Distillery
-Tilaknagar may also tap market to raise Rs.100 crore
-Tilaknagar exploring PE/VC and MF route for fund raising
-VCCircle alert: Tilaknagar is makers of Mansion House Brandy
-Tilaknagar to buy Liquors India Distillery
-Tilaknagar may also tap market to raise Rs.100 crore
-Tilaknagar exploring PE/VC and MF route for fund raising
-VCCircle alert: Tilaknagar is makers of Mansion House Brandy
Other stocks and sectors that are in news today:
-Nitesh Estates lists today
-Mercator Lines : acquired a vessel for approximately Rs 175 crore ,Vessel to bring revenues of Rs 120 crore over next 3 years (( Acquired via Singapore subsidiary ))
-Magma Finance: Approves allotment of 40.6 lakh shares to QIBs
-Elecon Engineering: bags an order worth Rs 208.5 crore
-GoodYear India delisting floor price at Rs 245/sh, offer opens on May 28 and closes on June 3
-Nitesh Estates lists today
-Mercator Lines : acquired a vessel for approximately Rs 175 crore ,Vessel to bring revenues of Rs 120 crore over next 3 years (( Acquired via Singapore subsidiary ))
-Magma Finance: Approves allotment of 40.6 lakh shares to QIBs
-Elecon Engineering: bags an order worth Rs 208.5 crore
-GoodYear India delisting floor price at Rs 245/sh, offer opens on May 28 and closes on June 3
Godrej to buy out Sara Lee for USD 234 million – ET
-Kotak in talks to acquire CitiFinancial – Mint
-Reliance Power considering shifting to AP from Dadri following the SC ruling – ET (Anil Ambani meets PM to present case)
-Ranbaxy to sell stake in Ex-group cos, including its 14% stake in Orchid Chem – ET
-SEBI challenges SAT order on takeover code – PTI
-Kotak in talks to acquire CitiFinancial – Mint
-Reliance Power considering shifting to AP from Dadri following the SC ruling – ET (Anil Ambani meets PM to present case)
-Ranbaxy to sell stake in Ex-group cos, including its 14% stake in Orchid Chem – ET
-SEBI challenges SAT order on takeover code – PTI
Mahindra Forgings Q4: (cr - crore, vs - versus)
-Net loss at Rs 34 lakh vs Rs 20.7 cr (YoY)
-Net sales at Rs 83.5 cr vs Rs 59.9 cr (YoY)
-Net loss at Rs 34 lakh vs Rs 20.7 cr (YoY)
-Net sales at Rs 83.5 cr vs Rs 59.9 cr (YoY)
Thermax Q4:
-Net loss at Rs 15.7 cr vs net profit of Rs 94.3 cr (YoY)
-Net sales at Rs 1,171 cr vs Rs 924 cr (YoY)
-Net loss at Rs 15.7 cr vs net profit of Rs 94.3 cr (YoY)
-Net sales at Rs 1,171 cr vs Rs 924 cr (YoY)
MRPL Q4:
-Net profit at Rs 253 cr vs Rs 608 cr (YoY)
-Net sales at Rs 8,700 cr vs Rs 6,535 cr (YoY)
-Net profit at Rs 253 cr vs Rs 608 cr (YoY)
-Net sales at Rs 8,700 cr vs Rs 6,535 cr (YoY)
Bajaj Holdings & Invst Q4:
-Cons net sales at Rs 69.7 cr vs Rs 37.1 cr (YoY)
-Cons net profit at Rs 384.2 cr vs Rs 86.2 cr (YoY)
-Cons net sales at Rs 69.7 cr vs Rs 37.1 cr (YoY)
-Cons net profit at Rs 384.2 cr vs Rs 86.2 cr (YoY)
Rohit Ferro Tech Q4
-Sales at Rs 207.66 cr vs Rs 166.29 cr
-PAT at Rs 14.24 cr vs loss of Rs 86 lakh
-Sales at Rs 207.66 cr vs Rs 166.29 cr
-PAT at Rs 14.24 cr vs loss of Rs 86 lakh
Karthik Radhakrishnan
Sr.Advisor - Business Associates Group|
Motilal Oswal Securites Limited
Board :+91 22 3089 6700 / 6600 |
Dir : +91 22 30896709
EMail: karthikr@motilaloswal.com
Source : Financial Dailies & E- Media
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