#Banks: Government mulls allowing 100 percent FDI in banking. (CNBC TV-18)
Piramal Enterprises explores re-entry into Indian formulations business.
Pitti Lamination starts commercial operations at its Aurangabad plant.
PNB Housing Finance gets RBI nod for $500 million masala bonds.
JSW Cement Bids For Binani Cement’s Assets at Rs 6,000 Cr.
Mindtree Q3 (QoQ): Revenue up 3 % at Rs 1,377.8 cr. Net profit up 13 % at Rs 141.5 cr. EBIT up 52 % at Rs 165.5 cr. Margin at 12 % from 8.2 %.
Thirumalai Chemicals Q3 (YoY): Revenue up 39.5 % at Rs 346 cr. Net profit up 243 % at Rs 51.5 cr. EBITDA up doubled to Rs 80 cr. Margin at 23.1 % from 16.1 %.
Stocks To Watch:
Positive: #PEL #PITTILAM #PNBHOUSING #JSWSTEEL #MINDTREE #TIRUMALCHM
