Stocks in news: Tata Motors, NMDC, Godawari Power, Infosys

Stocks in news:

Results today:
Canara Bank, HT Media, Idea Cellular, Indian Hotels, Petronet LNG, Shree Cements, United Phosphorous, Aarti Drugs, Akruti City, Alembic, Archidply, Aztecsoft, Emco, Geometric, GIC Housing, IL&FS Investment, Ingersoll Rand, JB Chemicals, Kale Consultants, KCP, KPIT Cummins, KRBL, Mindtree, MRO-TEK, Omnitech, Rolta India, Sterlite Technologies, Subros, Titan, Upper Ganges Sugar, Wabco-TVS, Texmaco, Voltamp Transformers, Patel Engineering, MIC Electronics

Tata Motors rights issue closes today, Tata’s likely to subscribe to underwriting option of JM as well

Lenders fear defaults by realty developers by December end, push builder to sell before its too late – ET

ADAG eyes AIG’s life insurance business in Asia – ET

SEBI says options open on short sale ban – BS

Infosys bags $15 million order from US bank – ET

Tata Sons in talks to buy AIG’s Asian unit – Agencies

Steel: Paswan Says
-Industry asks for export duty on steel to be scrapped
-Steel makers are asking for DEPB benefit
-Steel makers ask for cut in excise duty to 8%
-If demands met, industry promises to hold prices for 6 months

Steel:
-Industry ask ministry to fix floor price for steel import at $800 per tonne for HRC for 3 months: Sources
-Steel Secretary says to examine demands of steel companies and will take up proposals to Finance Ministry
-Muthuraman says no plans to reduce production, will continue to expand

NMDC hikes long term domestic iron ore contract prices 40%

Exclusive: From Sources:
-MRTPC investigative arm DGIR to ask for copy of Jet-KF alliance Agreement
-DGIR to probe whether the alliance detrimental to aviation industry
-DGIR to probe whether move unfair to consumers

Godawari Power board meet on October 25 to consider buyback (along with results)

Apollo Hospitals board meet on October 30 to consider stock split (along with results)

Trading in Bosch Chassis to be suspended from October 31, delisted from Nov 7

Sah Petro open offer at Rs 48.5/sh

Board meetings: Shri Lakshmi Cotsyn to consider QIP / PE / FCCB / GDR / ADR issue

Ex-split:
Country Club in No-delivery period, out on October 22
AIA Engineering in No-delivery period, out on October 20

Ultratech Q2
-Revenues up 21% at Rs 1416.89 crore from Rs 1173.4 crore
-PAT down 12% at Rs 164.19 crore from Rs 185.9 crore
-EBIDTA down 4% at Rs 317.41 crore from Rs 329.6 crore
-OPM down at 22% from 28%

Chambal Fertilizer Q2
-Net Sales: Rs 1734 crore versus Rs 726 crore
-Operating Profit: Rs 149.2 crore versus Rs 122.4 crore
-OPM at 8.6% versus 16.9%
-Other Income: Rs 10.9 crore versus Rs 4.9 crore
-Interest Cost: Rs 41.6 crore versus Rs 19.4 crore
-Purchase of traded goods: Rs 672 crore versus Rs 92.8 crore (Up 624%)
-Net Profit: Rs 47.6 crore versus Rs 59.4 crore

Indian Bank Q2
-Net Profit at Rs 283 crore versus Rs 247.6 crore
-Capital Adequacy Ratio at 11.70%
-NII at Rs 682 crore versus Rs 465.7 crore

Federal Bank Q2
-NII up 60.7% at Rs 331.6 crore versus Rs 206.3 crore
-PAT up 19.9% at Rs 114.280 crore versus Rs 95.30 crore
-Provisions up 1.86 times at Rs 156.87 crore versus Rs 54.80 crore
-CAR at 20.81% vs13.08%

Allahabad Bank
-NII up 11.7% at Rs 493.6 crore versus Rs 441.8 crore
-PAT down 72.6% at Rs 41.69 crore versus Rs 239.8 crore
-Provision up nearly 7 times at Rs 266.5 crore versus Rs 31.8 crore YoY
-Provision up 31.8% at Rs 266.5 crore versus Rs 202.24 crore QoQ

Bank Of Rajasthan Q2
-Net Profit at Rs 34.6 crore; Total Income at Rs 365 crore

Reliance Industrial Infrastructure
-Net Sales: Rs 17.3 crore versus Rs 15.7 crore
-Net Profit: Rs 5.3 crore versus Rs 5.5 crore

Sun flag Iron Q2
-Net Sales: Rs 337.4 crore versus Rs 217.5 crore
-Operating Profit: Rs 37.4 crore versus Rs 22.9 crore
-Net Profit: Rs 12.7 crore versus Rs 6.4 crore

Ratnami Metals Q2
-Net Sales: Rs 253.8 crore versus Rs 209.2 crore
-Operating Profit: Rs 46.6 crore versus Rs 44.9 crore
-Net Profit: Rs 23.4 crore versus Rs 26.8 crore

Zuari Industries Q2
-Net Sales: Rs 2093.9 crore versus Rs 832.8 crore
-Net Profit: Rs 50.4 crore versus Rs 41 crore

Supreme Petrochem Q2
-Net Sales: Rs 403.6 crore versus Rs 347.2 crore
-Operating Profit: Rs 4.3 crore versus Rs 15.6 crore
-Net Profit: Rs 93 lakh versus Rs 6.05 crore

Novartis Q2
-Net sales at Rs 15.4 crore versus Rs 14.8 crore
-Net Profit at Rs 2.9 crore versus Rs 3 crore

Mysore Cement
-Net sales Rs 120 crore versus Rs 132 crore
-Net profit at Rs 10 crore versus Rs 19.7 crore

Rane Brake Q2
-Net sales Rs 50 crore versus Rs 41.5 crore
-Net profit at Rs 94 lakh versus Rs 1.5 crore

Schrader Duncan Q2
-Net sales Rs 14.2 crore versus Rs 14.5 crore
-Net profit at Rs 62 lakh versus Rs 18.8 lakh

CanFin Home Q2
-Net sales Rs 57.6 crore versus Rs 56.2 crore
-Net profit at Rs 8.4 crore versus Rs 8.1 crore

JK Paper Q2
-Net sales at Rs 283 crore versus Rs 180 crore
-Net profit at Rs 9.07 crore versus Rs 11 crore