Today Stocks in the News

         

         Indusind Bank, ICICI Bank, Just Dial Ltd, DLF, Axis Bank, Jindal Stainless Ltd, Grasim Ltd, Escorts Ltd, Aarti Industries Ltd, Rain Industries Ltd, UPL Ltd are also among the stocks in radar today.

 

Results Today

      

            LT Foods Ltd, Deepak Nitrite Ltd, Dixon Technology India Ltd, Dhanuka Agritech Ltd, DLF Ltd, Edelweiss Financial Services Ltd, IFB Industries Ltd, Intellect Design Arena Ltd, Jay Bharat Maruti Ltd, Jindal Steel & Power Ltd, Jindal Stainless Ltd, Just Dial Ltd, Kirloskar Oil Engines Ltd, Mahindra Logistics Ltd, Mahindra Lifespace Developers Ltd, Max Financial Services Ltd, Motilal Oswal financial Services Ltd, Nucleus Software Exports Ltd, Pioneer Distilleries Ltd, Quess Corp Ltd, Rain Industries Ltd, RPG Life sciences Ltd, Reliance Industries Ltd, Suven Pharmaceuticals Ltd, Vakrangee Ltd, Zee Media, UPL Ltd.

Quarter Results

•         Apcotex Industries LTD, APL Apollo Tubes LTD, Aptech LTD, AUBANK, Axis Bank, Balaji Amines LTD, Blue Star Ltd, Can Fin Homes LDT, Carborundum UniverSal LTD, Century Enka LTD, CG Power, Cummins India LTD, DR REDDY, FSL, GLAXO , Heritage Food LTD, Hero Motocorp LTD, HSIL, ISEC, IIFLWAM, Kopran LTD, Larsen & Toubro LTD, Marico LTD, Max India LTD ,MCX, MOIL, Navin Fluorine LTD, Piramal Enterprises LTD, PI Industries LTD, PNB Housing, Radico khaitan LTD, RBL Bank, Route Mobile LTD, SAREGAMA India LTD, Snowman Logistics LTD, Supreme Industries LTD, Tata Coffee LTD, Texmo Pipes & products LTD, Thyrocare Technologies LTD, Titan LTD, VGUARD Industries.

 Rolta India   : S&P downgrades long term rating to B+ from BB- 

Indoco Remedies   gets establishment inspection report from US FDA for solid dosages manufacturing unit at Goa.
NTPC   commissions unit-I of 250 MW Nabinagar thermal power station.
SBI   - stake sale of GE’s stake in SBI Cards hits a roadblock: FE 
Borosil Glass Works   invests Rs 22 crore via optionally convertible redeemable preference shares in Hopewell Tableware.
Allcargo Logistics   to raise Rs 300 crore by issue of permitted securities.
Canara Bank   board Approves fund raising worth Rs 3,000 crore.
Coffee Day Enterprises   board approves issue of Rs 265 crore worth NCDs.
JMC Projects   secures new orders worth over Rs 930 crore.
Urja Global   signs MoU with Malbro group, Africa.
Rollatainers   sells carbon manufacturing division to subsidiary on a slump sale basis.
HT Media   launches 91.9 Radio Nasha.

Stocks in News

Jet Airways: 

     The airliner indicated that it was more interested in stitching partnerships with other international carriers though codeshare pacts than joining any of the three global clubs and said its new European gateway Amsterdam offers stronger proposition over Brussels.

M&M Ltd: 

     Powetrain division of Mahindra Group launched a new range of 125kVA diesel generators and is eyeing to touch USD 1 billion (about  Rs 6,600 crore) in revenues over the next six years.

Coal India Ltd: 

     Coal India workmen, on Monday, deferred the token one day strike on March 29th following fruitfull discussions with the Coal Minister and the management.

NTPC Ltd: 

     State-run power major NTPC said its installed capacity has increased to 45,798 MW after commissioning of a 250 MW unit-l of its arm at Nabinagar

Infibeam's Rs 450 cr IPO subscribed 21% on Day 1

     Infibeam Incorporation Ltd, the first e-commerce firm to tap the IPO route, saw its RS 450 -crore issur getting subscribed 21% on the opening day today. The issue recived the bids for Rs 26,44,792 shares as against the total issue size of Rs 1,25,00,000 shares, as per NSE's data till 1700 hrs.
     The company has fixed the price band at Rs 360-432 per equity share for the initial public offer(IPO). The initial share-sale programme will conclude on March 23.
     Infibeam competes with Flipkart, Amazon and Snapdeal, among other in the e-commerce space.
     Started in 2007, Infibeam runs several e-commerce services like Infibeam.com, BuildaBazaar, Incept and Picsquare.
     The company has proposed to lists its shares on NSE and BSE. The issue is being managed by SBI Capital Markets and Elara Capital India