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Stocks in the news: Lupin, Torrent Power, Orchid Pharma, UCO Bank, PTC India, Nestle
Vodafone Idea | Nestle | TBZ | PTC India | Union Bank of India and HOEC are stocks, which are in news today.
Results Today: Lupin, Petronet LNG, SKF India, Torrent Power, Maharashtra Scooters, Jubilant Foodworks, J&K Bank, Adani Green Energy, KPIT Technologies, Karur Vysya Bank, HFCL, Gujarat Pipavav Port, Cosmo Films, Central Bank of India, Balaji Amines, Amara Raja Batteries
Gujarat Industries Power Company (GIPCL) has emerged as successful Bidder for Gujarat Urja Vikas Nigam for setting up 100 MW Solar Power Project at Gujarat
Jet Airways' CEO Vinay Dube resigned w.e.f. May 14
Torrent Power issues NCD’s worth Rs 270 crore on a private placement basis
Orchid Pharma gets USFDA nod for Risedronate Sodium Tablets
Alkem Lab - USFDA classifying the inspection conducted at its St. Louis facility as Official Action Indicated
Future Supply Chain approved divesting/ sale up to 100% investment held by the company in Vulcan Express
Mangalore Chemicals & Fertilizers shut down Ammonia, Urea and ABC plants in Mangalore City with effect from May 14
Religare Enterprises withdrew the scheme of merger of Religare Commodities with Religare Broking with effect from May 13
Datamatics Global Services acquired balance 18.91% stake in Datamatics Digital for Rs 10.40 crore
Vodafone Idea approves a scheme of amalgamation of Vodafone India Digital and Idea Telesystems with itself
JK Lakshmi Cement to seek shareholders approval to raise up to Rs 500 crore
BLS International partners with Embassy of Lebanon
UCO Bank Q4: Net loss at Rs 1,552 crore versus loss of Rs 2,134 crore
Lumax Industries Q4: Consolidated net profit down 19.6% at Rs 14 crore against Rs 17.7 crore, revenue down 22.6% at Rs 432.7 crore against Rs 558.9 crore, YoY
HOEC Q4: Net profit at Rs 47.9 crore Vs Rs 16.4 crore, revenue at Rs 71.4 crore Vs Rs 23.2 crore, QoQ
Endurance Technologies Q4: Net profit up 54% at Rs 148.6 crore, revenue up 9.5% at Rs 1,900 crore, QoQ
TBZ Q4: Net profit down 83.4% at Rs 1.2 crore versus Rs 7 crore, revenue down 4.2% at Rs 415.5 crore Vs Rs 433.6 crore, YoY
Nestle Q1: Net profit up 9.2% at Rs 463.3 crore against Rs 424 crore, revenue up 8.9% at Rs 3,002.9 crore versus Rs 2,757.2 crore, YoY
Union Bank of India Q4: Net loss at Rs 3,369.2 crore versus loss of Rs 2,583.3 crore, NII up 18.6% at Rs 2,601.5 crore versus Rs 2,193.1 crore, YoY
MCF Q4: Net loss at Rs 5.9 crore against a profit of Rs 20.3 crore, revenue up 1.4% at Rs 643 crore Vs Rs 634.2 crore, YoY
Aksharchem Q4: Net profit down 24.3% at Rs 4 crore Vs Rs 4.8 crore, revenue up 4.7% at Rs 80.1 crore Vs Rs 76.5 crore, Yo
PTC India Q4: Net profit down 16.3% at Rs 53.9 crore Vs Rs 64.4 crore, revenue up 22.7% at Rs 2,651.3 crore Vs Rs 2,161.5 crore, YoY
Analyst or Board Meet/Briefings
Glenmark Pharma board meeting is scheduled on May 29, 2019, to consider and approve Audited Financial Results and to consider and recommend a dividend, if any
Arvind will consider fundraising on May 17
NHPC board will meet on May 27 to consider the recommendation of Final dividend for FY 2018-19
Gee Cee Ventures board meeting is scheduled on May 22 to consider and approve the financial results for the period ended March 31, 2019, and buyback for equity shares
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