Stocks in the news: HCL Info, Oil India, Yes Bank, Quess Corp, Deepak Nitrite, Dr Reddy’s Labs

Here are the stocks that are in news today:

PNB Gilts Q2: Loss at Rs 33.18 crore versus profit at Rs 28.84 crore; revenue from operations falls to Rs 218 crore versus Rs 221 crore YoY.

Siemens Q4: Net profit at Rs 279 crore, revenue up 25.4 percent at Rs 3,939.2 crore.

Ashapura Intimates Fashion Q2: Loss at Rs 34.21 crore versus profit at Rs 3.44 crore; revenue falls to Rs 51.01 crore versus Rs 51.12 crore YoY.

HCL Infosystems: Company received orders from Central Excise & Central Goods & Services Tax to pay Rs 74 crore with interest and penalty.

Shalimar Paints – proposed rights issue of 3.37 crore equity shares at Rs 64.50 per share

Yes Bank: ICRA has affirms Long–term rating AA+ for the bank with negative implications.

Syndicate Bank: The issue price for preferential issue to government fixed at Rs 39.63 per share, bank can allot up to 18.4 crore shares to government against capital infusion of Rs 728 crore.

Sical Logistics: 29,18,570 equity shares at Rs 195 per share allotted to Giri Vidhyuth [India] on preferential basis.

AU Small Finance board meeting on November 22, to consider and decide on raising Basel II compliant Tier II Non-Convertible, Redeemable Bonds in INR on private placement basis

GHCL: Cyclone Gaja has impacted one of the spinning units of the company located at Manapparai and also salt Works located at Vedaranium in Tamil Nadu which caters to consumer products division.

Jiya Eco-Products: Stock will trade ex-bonus from Monday (Bonus issue 1:1).

Emerald Leasing Finance: Board meeting is scheduled on Monday to fix the record date for right issue, the ratio and the price for the equity shares of the right issue.

Oil India: Board on Monday to consider the proposal for buyback of the fully paid-up equity shares of the company, and issuance of debt securities in domestic/overseas markets.

Deepak Nitrite: Company confirmed that there has been search operations being carried on by the Income Tax Department at the company.

Mahindra & Mahindra: EPC Industrie Limited, a listed subsidiary of the company, has incorporated a subsidiary company namely Mahindra Top Greenhouses Private Limited in India.

Jet Airways: Tata Sons said any discussion with the airline company has been preliminary and no proposal has been made.

Dr Reddy’s Labs: Audit of formulations Srikakulum Plant (SEZ) Unit II, Andhra Pradesh by the US FDA, has been completed with zero observations.

Infosys: Infosys completed the formation of a joint venture with Temasek, the global investment company headquartered in Singapore.

Oriental Bank of Commerce: Board approved the proposal for raising of capital for an amount upto Rs 250 crore by offering upto 5 crore new equity shares of face value of Rs 10.00 each to the employees of the Bank through Employee Stock Purchase Scheme (ESPS) in one or more tranches.

Quess Corp: Company completed acquisition of 70 percent equity in Quess East Bengal FC Private Limited.

Tata Investment Corporation: Board approved a proposal to buyback upto 45 lakh equity shares of the company for an aggregate amount not exceeding Rs 450 crore being 8.17 percent of the total paid-up equity share capital, at Rs 1,000 per share.

IDFC Bank: ICRA downgraded its rating for non-convertible debentures of the bank from AAA (Stable) to AA+ (Stable).

Alankit: CARE reaffirmed the rating BBB+ (Outlook: Stable) assigned to long term bank facilities and A3+ assigned to short term bank facilities.

SRF: The unit in Viralimalai, Tamil Nadu of the technical textiles business (engaged in manufacture of belting fabrics) of the company has been damaged by Cyclone GAJA today. It has adequate insurance cover for the said unit.

Bulk Deals

GSS Infotech: Sarvottam Securities Private Limited bought 1,62,000 shares of the company at Rs 123.34 per share on the NSE.

Indiabulls Housing Finance: Principal Global Investors LLC sold 27 lakh shares of the company at Rs 767.26 per share on the NSE.

Info Edge (India): Aranda Invest(Mauri) PTE LTD sold 11,72,000 shares of the company at Rs 1,370.39 per share on the NSE.