India�s SGX CNX Nifty Index futures for Nov. delivery fall 0.3% to 8,400. Nifty rose 0.4% to 8,389.90 Nov. 14. Foreign investors bought net 6.84b rupees of stks on Nov. 13, according to Central Depository Services website. MSCI A-P Index -0.7%. Watch these equities today * ABG Shipyard (ABGS): 2Q loss 1.73b rupees vs 10m profit y/y * Adani Enterprises (ADE), Adani Power (ADANI): Adani gets approval for $7.5b Australia project: Indian Express; Adani signs initial $1b credit agreement for Carmichael mine * Aurobindo Pharma (ARBP): Natrol can sell most assets to Aurobindo�s U.S. unit for $132.5m * BEML (BEML): 2Q loss widens y/y to 551.4m rupees from 388.8m * Bhushan Steel (BHUS): 2Q loss 2.97b rupees vs 600.6m profit * Britannia Industries (BRIT): 2Q net 2.7b rupees; est. 1.2b * Cox & Kings (COXK): 2Q loss 942.3m rupees vs 2.64b profit y/y * Credit Analysis (CARE): 2Q net 524.1m rupees; est. 403m * Elpro International (ELPR): To split each stk into 5 * Era Infra Engineering (ERIE): IFCI sold 2.51m shrs Nov. 14:NSE * Future Consumer (FCEL): 2Q loss narrows y/y to 144.1m rupees from 234.4m * GMR Infrastructure (GMRI): 2Q loss widens y/y to 6.1b rupees from 3.93b * Great Eastern Shipping (GESCO): 2Q net 2.06b rupees; est.1.85b * GVK Power (GVKP): 2Q loss 2.36b rupees; est. 2.2b loss * HMT (HMT): India begins closing loss-making state-run cos:Economic Times * HDFC Bank (HDFCB): FIPB approves 74% foreign investment in HDFC * Indiabulls Real Estate (IBREL): 2Q net 373.4m rupees vs 812m y/y * Indian Hotels (IH): 2Q loss 75.8m rupees; est. 93.5m loss * Jaiprakash Power Ventures (JPVL): JSW Energy (JSW) agrees to buy 2 Jaiprakash hydro power units * JBM Auto (JBMA): To raise up to 5b rupees via securities issue * JSW Energy (JSW), Lanco Infratech (LANCI), Larsen & Toubro (LT), Reliance Infrastructure (RELI), Tata Power (TPWR): India to auction 530b rupee transmission lines: EconomicTimes * Kesoram Industries (KSI): 2Q loss widens y/y to 2.51b rupees from 1.29b * Mangalore Chemicals (MCF): 2Q net 425.7m rupees vs 94.3m y/y * Minda Corp (MDA): Approves giving shareholders 1 free shr for each 1 held; to split each shr into 5 * Multi Commodity Exchange (MCX): 2Q net 293.8m rupees; est.376m * Oil & Natural Gas (ONGC): 2Q net 54.4b rupees; est. 53.1b;to invest 106b rupees in 2 projects * Patel Engineering (PEC): Adjourns board meeting to consider financial results to Nov. 21 * Pipavav Defence (PIPV): 2Q loss 683.2m rupees vs 45.4m profit * PTC India (PTCIN): 2Q net 963.1m rupees; est. 512m * Punj Lloyd (PUNJ): 2Q loss 2.64b rupees vs 16m profit; FIPB approves proposal to enter defense sector * Reliance Capital (RCAPT): 2Q net 2.17b rupees vs 1.81b y/y * Reliance Communications (RCOM): 2Q net 1.53b rupees; est.1.75b * Reliance Industries (RIL): Reliance Jio to hire 3,000 people for distribution: Economic Times * SEAMEC (SEAM): 2Q loss narrows y/y to 108.2m rupees from 655.1m * SpiceJet (SJET): 2Q net loss narrows y/y to 3.1b rupees from 5.6b * Steel Authority (SAIL): Seeks bids from arrangers for planned 10-yr rupee bond sale today; stk cut to sell from hold at Centrum Broking * Sundaram Multi Pap (SMUL): To shut Nagpur paper unit * Suven Life Sciences (SVLS): 2Q net -45% y/y to 248m rupees * Tata Motors (TTMT): 2Q net 32.9b rupees vs 45.9b est.; brand has perception issues that needs addressing: Pareek; JLR plans to start China factory with 130,000 car capacity by end of year: Gregor; JLR mulling assembly ops in Malaysia: Edge * Tata Teleservices Maharashtra (TTLS): Docomo looks at arbitration option to exit Tata Teleservices: Business Standard COMMODITIES: * Brent crude down 0.6% at $78.96; gold little changed at $1,188.42.
Posted on: Mon, 17 Nov 2014 03:49:58 +0000
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