Stock In News 06-05-2019

Stocks in the news: Bharti Airtel, Vodafone Idea, ICICI Bank, HUL, Yes Bank, Cadila Health, HIL, Canara Bank | DHFL | Bank of Baroda | Federal Bank | L&T Tech and HUL are stocks, which are in news today.



Here are the stocks that are in the news today:

Results today: Bharti AirtelICICI BankMaricoWockhardt, Chennai Petroleum, Gujarat Gas, Navin Fluorine, Mahindra CIE Automotive, Hindustan Composites, GTL, Godrej Agrovet, Great Eastern Shipping, Firstsource Solutions, Fortis Malar Hospitals

HUL Q4: Net profit up 13.8% at Rs 1,538 crore versus Rs 1,351 crore, revenue up 9.3% at Rs 9,945 crore versus Rs 9,097 crore, YoY.
L&T Tech Q4: Net profit up 3.2% at Rs 191.5 crore versus Rs 185.6 crore, rupee revenue up 2% at Rs 1,343.1 crore versus Rs 1,316.9 crore, QoQ.
LIC Housing Q4: Net profit up 16.7% at Rs 693.6 crore versus Rs 594.3 crore; revenue up 20.1% at Rs 4,655.1 crore versus Rs 3,877.6 crore, YoY
Birla Corp Q4: Net profit down 2.2% at Rs 128.2 crore versus Rs 131.1 crore, revenue up 13.4% at Rs 1,872.3 crore versus Rs 1,650.8 crore, YoY.
Federal Bank Q4: Net profit at Rs 381.5 crore versus Rs 145 crore; NII up 17.5% at Rs 1,096.5 crore versus Rs 933.3 crore, YoY.
Sheela Foam Q4 : Net profit up 17.8% at Rs 37.9 crore versus Rs 32.2 crore; revenue up at Rs 534.7 crore versus Rs 527.9 crore, YoY
AB Capital Q4: Net profit up 52.5% at Rs 258.4 crore against Rs 169.5 crore; revenue up 32.2% at Rs 4,730 crore versus Rs 3,577.6 crore, YoY.
NIIT Tech Q4: Net profit up 5.2% at Rs 105.5 crore against Rs 100.2 crore; revenue at Rs 972.2 crore versus Rs 971.7 crore, QoQ.
Morepen Laboratories Q4: Net profit at Rs 9.2 crore versus Rs 4.1 crore, revenue up 30.2% at Rs 206.1 crore versus Rs 158.2 crore, YoY
Vodafone Idea signs multi-million dollar IT deal with IBM
USFDA issues 14 observations for Cadila Healthcare's Moraiya facility
HIL has commenced the final phase production of its CpVC, UpVC and SWR (Soil, Waste & Rain) Pipes and Fittings at its plant located at Golan Plant, Gujarat
PNC Infra to sale entire stake (15.12%) in Ghaziabad Aligarh Expressway to Cube Highways and Infrastructure PTE
Embassy Office Parks REIT announces the successful placement of Embassy REIT Series I Non-Convertible Debentures 2019
Bharat Road Network has entered into a share purchase agreement with Cube Highways and Infrastructure Pte for sale of its holding in Ghaziabad Aligarh Expressway
RBI imposes Rs 11.25 lakh penalty on Yes Bank
TTK Prestige fixed May 16 as record date for issue of bonus shares
Aditya Birla Capital approved raising of funds worth Rs 3500 crore
EID Parry board meeting on May 8 to consider the proposal to raise Rs 300 crore by issue of Non Convertible Debentures on private placement basis in one and more tranches
Indian Overseas Bank board meeting on May 09 to consider and approve the proposal for raising capital for the year 2019-20 and other incidental matters
DHFL board approves raising capital worth Rs 2,000 crore in one or more tranches
Vodafone Idea's Capital Raising Committee approved allotment of 19,999,830,911 rights rquity shares of Rs 10 each for cash at a price of Rs 12.50 per rights equity share
Torrent Pharma has issued Commercial Paper for an amount of Rs 200 crore on May 3, 2019
Indiabulls Housing Finance approved merger of IHFL alongwith its wholly owned subsidiary, Indiabulls Commercial Credit into and with the Lakshmi Vilas Bank
Bank of Baroda hikes marginal cost of lending rate by 5 bps across tenors.
Shriram City Union allotted NCD worth of Rs 666.92 crore
Canara Bank: ICRA downgrades Additional Tier-I bonds to AA- from AA; outlook stable.
CRISIL has assigned the long term rating for Bank Loan facilities of Rs 750 crore as CRISIL AA- Stable and assigned short term rating as CRISIL A1+ to Deepak Nitrite
India Ratings and Research (Ind-RA) has assigned Vadilal Enterprises Limited Long-term issuer rating at 'IND A-'. The Outlook is Positive.

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