Epic Update : Den Networks

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To issue equity shares worth USD 110 million via preferential allotment to Goldman Sachs and affiliates
Opens qualified institutional placement (QIP) issue, sets floor price at Rs 217.23/share
QIP to raise USD 50 million
QIP to constitute 9.3 percent of pre-issue capita.
 
Epic Update : Glenmark Pharma Q4

Consolidated net profit at Rs 167 Cr Vs Rs 150 Cr (YoY)
Consolidated net sales at Rs 1,335 Cr Vs Rs 1,066.2 Cr (YoY).
 
Epic Update : Indian ADRs

Indian ADRs ended mixed on Wednesday.
In the Banking space
HDFC Bank was up 1.24%u0025 at USD 43.2 and ICICI Bank was down 0.27% at USD 47.48.
In the Telecom space
Tata Communication was up 0.96% at USD 8.45. In the IT space, Wipro was up 1.49% at USD 8.15 and Infosys was down 0.3% at USD 43.82.
In the other space
Tata Motors was up 1.42% at USD 27.87, Dr Reddys was up 0.24% at USD 36.91 and Sterlite was down 0.14% at USD 7.38.
 
Epic Update : Indian ADRs

Indian ADRs ended lower on Monday.

In the IT space

Wipro was down 1.25 percent at USD 7.89 and Infosys was down 0.16 percent at USD 42.8.

In the Telecom space

Tata Communication was down 2.64 percent at USD 8.47. In the Banking space, ICICI Bank was down 1.06 percent at USD 46.5 and HDFC Bank was down 0.49 percent at USD 42.31.

In the other space

Tata Motors was down 3.94 percent at USD 26.85, Sterlite was down 2.37 percent at USD 7.01 and Dr Reddys was down 0.13 percent at USD 38.46.
 
Epic Update : Indian ADRs

Indian ADRs ended mixed on Tuesday.

In the Banking space

ICICI Bank was up 0.43 percent at USD 46.7 and HDFC Bank was up 0.26 percent at USD 42.42.

In the Telecom space

Tata Communication was up 0.35 percent at USD 8.5. In the IT space, Infosys was up 0.26 percent at USD 42.91 and Wipro was down 1.27 percent at USD 7.79.

In the other space

Tata Motors was up 3.31 percent at USD 27.74, Sterlite was down 0.29 percent at USD 6.99 and Dr Reddys was down 1.69 percent at USD 37.81.
 
Epic Update : Indian ADRs

Indian ADRs ended higher on Wednesday.

In the Banking space

ICICI Bank was up 2.55 percent at USD 47.89 and HDFC Bank was up 1.37 percent at USD 43.

In the Telecom space

Tata Communication was up 0.82 percent at USD 8.57. In the IT space, Wipro was up 1.28 percent at USD 7.89 and Infosys was down 1.03 percent at USD 42.47.

In the other space

Dr Reddys was up 1.24 percent at USD 38.28, Sterlite was up 0.72 percent at USD 7.04 and Tata Motors was up 0.61 percent at USD 27.91.
 
Epic Update : Indian ADRs

Indian ADRs ended mixed on Thursday.

In the IT space

Infosys was up 0.59 percent at USD 42.72 and Wipro was down 2.03 percent at USD 7.73.

In the Telecom space

Tata Communication was down 3.5 percent at USD 8.27. In the Banking space, ICICI Bank was up 0.25 percent at USD 48.01 and HDFC Bank was down 1.47 percent at USD 42.37.

In the other space

Sterlite was up 1.7 percent at USD 7.16, Dr Reddys was up 0.68 percent at USD 38.54 and Tata Motors was down 1.36 percent at USD 27.53.
 
Epic Update : iGate

Sacks Phaneesh Murthy as CEO
Board appoints Gerhard Watzinger interim president and CEO
Decision post investigation of sexual harassment claims.
 
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