Politics

 

AIADMK leaders congratulate Ram Nath Kovind after being President

Jul 20 2017

Tamil Nadu Chief Minister Edappadi K Palaniswami congratulated Ram Nath Kovind on being elected the next President.

Meira congratulates Kovind, says battle for ideology will continue

Jul 20 2017

Kumar congratulated Ram Nath Kovind on being elected the 14th President of India but said her "battle" for ideology would continue.

Mamata congratulates NDA nominee Kovind in advance

Jul 20 2017

Mamata Banerjee congratulated NDA's presidential nominee Ram Nath Kovind in advance, asserting that he would become the next President of India.

Shah congratulates Kovind, dubs his victory truly historic

Jul 20 2017

BJP President Amit Shah congratulated Ram Nath Kovind for his election as the 14th President of India and dubbed it "truly historic".

Opposition walks out of RS after 'selective amnesia' comment

Jul 20 2017

The Opposition walked out of the Rajya Sabha after Union Minister Prakash Javadekar accused it of suffering from "selective amnesia" on lynching cases.

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Stocks In News

 

GMR

Plans to invest Rs 16,000 Cr for expansion of Delhi Airport

To double capacity of T1 & also increase capacity of T3

To Lay new runway & build new terminal over next 7 Yrs

APEX FROZEN FOOD IPO

Issue subscribed 0.4 times on Day 1

DLF

To review proposed sale status of Cyber Cities CCPS to GIC Affiliate (CCPS: Compulsorily Convertible Preference Shares)

Audit Committee to meet on Aug 25 to review status of CCPS sale

To take matters W.R.T Fundraising via NCDs/Debt instruments

Approves CCPS sale by Promoters in DLF Cyber City in Oct 2015

ORCHID PHARMA

Lakshmi Vilas Bank moves NCLT against Orchid Pharma

Co to challenge insolvency proceedings at NCLAT

Taken Rs 50 Cr loan from Lakshmi Vilas Bank which it failed to repay

Co hasn't made any payments towards lease since January 2016

Total lease rent paid by Co till May 2017 is Rs 20.6 Cr

BTVI Alert

ORCHID PHARMA

NCLT approves insolvency process against company

Co exploring legal recourse against NCLT Order

 

HDIL

Stichting depository apg EM equity pool buys 23.3 Lk shrs at Rs 58.76

Deal valued at Rs 13.7 Cr for stake 0.5%

CARE RATINGS Q1 REVIEW

Rating fees up 8% at Rs 61 Cr Vs Rs 56 Cr

Total Revenue up 1.2% at Rs 67.9 Cr Vs Rs 67 Cr

Operating Profit up 11% at Rs 38.4 Cr Vs Rs 34.5 Cr

Operating Profit margin up 210 bps at 62.6% Vs 60.5%

Net Profit up 16.4% at Rs 35.5 Cr Vs Rs 30.5 Cr

DCM SHRIRAM INDUSTRIES Q1 REVIEW

Net sales up 22.5% at Rs 494 Cr Vs Rs 403 Cr

EBITDA down 6.6% at Rs 56 Cr Vs Rs 60 Cr

EBITDA margin down 360 bps at 11.3% Vs 14.9%

Net Profit marginally down at Rs 32.5 Cr Vs Rs 32.8 Cr

GATI LTD Q1 REVIEW CONSOLIDATED

Net Sales up 0.3% at Rs 426.7 Cr Vs Rs 425.5 Cr

EBITDA up 42.5% at Rs 44.6 Cr Vs Rs 31.3 Cr

EBITDA Margin at 10.5% Vs 7.4%

Net Profit up 2.6x at Rs 18.3 Cr Vs 5.1 Cr

AHLUWALIA CONTRACTS Q1 REVIEW

Net Sales up 64.6% at Rs 504.2 Cr Vs Rs 306.3 Cr

EBITDA up 22.4% at Rs 55.1 Cr Vs Rs 45 Cr

EBITDA Margin at 10.9% Vs 14.7%

Net Profit up 35.3% at Rs 29.5 Cr Vs 21.8 Cr

Promoter shareholding down to 57.96% in June from 59.6% in March

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