Epic Update : Tata Motors

Epic Update : Jindal Steel & Power

Have to go through certain process of approvals
Will take at least 2 weeks to decide on parameters
JSPL.
Have reserves of around Rs 11,000 crore on Balance Sheet
Will use cash from reserves for buyback.
 
Epic Update : Bajaj Auto

Approximately 915 workers reported to work
Will produce 2,100 vehicles at Chakan; 1,200 pulsar at Waluj
100 percent production of all brands of Pulsar, Avenger, KTM achieved
 
Epic Update : Unity Infraprojects

Unity Infraprojects has bagged projects aggregating worth Rs 493.20 crore. The company has bagged the first project worth Rs 206.40 crore for construction of Directorate of works & Plants, Director of Extension, Directorate of Seeds & Farm, Lecture Hall, Library, Computer Centre, Examination Hall Canteen Auditorium, Hostel, Guest House, Residences, Shopping Centre, Club and Indoor Games at Sabour Bhagalpur Phase %u2013 2, awarded by Directorate of Works & Plant Bihar Agricultural University Sabour and the said project is to be completed within a period of 24 months.
 
Epic Update : Sun Pharmaceutical Industries

Sun Pharmaceutical Industries Ltd , India%u2019s top drugmaker by market value, reported a net loss of 12.76 billion rupees for the June quarter, due to a provision for settling a patent suit, it said on Friday.

The Mumbai-based company said net sales rose 31 percent to 34.82 billion rupees for the first quarter ended June 30.
 
Epic Update : Biocon

Biocon launches Alzumab biologic drug in India (Alzumab used in treatment of Psoriasis, Autoimmune Diseases)
Biocon.
Alzumab is world%u2019s first Anti-CD6 antibody to hit market
Company in talks to develop partnerships for Alzumab.
 
Epic Update : Tata Motors sales July 2013 Y-o-Y

JLR sales up 21 percent at 31611 units
Jaguar sales up 65 percent at 6157 units
Land Rover sales up 14 percent at 25454 units
 
Epic Update : GMR Infra Q1

Consolidated Net Loss At Rs 326 Crore Versus Loss Of Rs 94.3 Crore (YoY)
Consolidated Total Income At Rs 2,635 Crore Versus Rs 2601.5 Crore (YoY)
Consolidated EBITDA (Ex-forex) At Rs 643 Crore Versus Rs 597 Crore (YoY)
Consolidated OPM (Ex-forex) At 24.4 percent Versus 22.9 percent (YoY)
Airports Segment Revenue At Rs 1,394.6 Crore Versus Rs 1,323 Crore (YoY)
Airports Segment EBIT Margin At 23.7 percent Versus 15.5 percent (YoY)
Power Segment Revenue At Rs 932 Crore Versus Rs 746 Crore (YoY)
Power EBIT Loss At Rs 163.3 Crore Versus EBIT Of Rs 75.6 Crore (YoY)
Power EBIT Loss At Rs 163.3 Crore Versus EBIT Loss Of Rs 144.2 Crore (QoQ)
Roads Segment Revenue At Rs 164.7 Crore Versus Rs 105.1 Crore (YoY)
EPC Segment Revenue At Rs 170.9 Crore Versus Rs 489.3 Crore (YoY)
 
Epic Update : Mahindra & Mahindra Financial Services

Mahindra & Mahindra Financial Services (India) added to MSCI Global Standard Indices
Axis Bank removed
Wipro %u2019s weightage increased
ICICI Bank and Godrej Consumer Products %u2019 weightage decreased.
 
Epic Update : Tata Motors

Tata Motors is currently trading at Rs 290.55, up by 7.05 points or 2.49%u0025 from its previous closing of Rs 283.50 on the BSE.
 
Epic Update : Seamec

Seamec has entered into a Contract for the Charter hire of Vessel ‘ALLIANCE’ with Sea Horse General Contracting Establishment, UAE, Dubai for working in Offshore Egyptian Mediterranean waters. The said vessel is under bareboat charter with Seamec. The tenure of the contract would be around 120 days with option for extension. The Contract is likely to commence around end August 2013. The total contract value for the firm period would be around $7.3 million approximately.
 
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