Stocks in news: SBI, HUL, Ashok Ley, Wipro, L&T, GMR Infra

Tata Motors
Ratan Tata says went too far too fast with Corus, JLR acquisitions: Reports
Tatas plans to raise 1 billion pounds to keep JLR afloat: Reports
Jaguar April sales down 21% to 1786 units, Land Rover sales down 46% to 1541 units

Ashok Leyland April (YoY)
-Total Sales At 1,750 Units Vs 5,705 Units
-Domestic Sales At 1,615 Units Vs 5,549 Units
-Exports At 135 Units Vs 156 Units

Satyam update
-Board Has Offered Upaid $10 m For Settlement: Sources
-To Disclose 95% Of Information Contained In Data Room, To Be Part Of Open Offer Document: Sources
-Investors demand $1bn – ET (An investor forum files petition in Delhi HC)

SBI Q4
-Net Profit up 45.59% from Rs 1883.25 cr to Rs 2742 cr ((Estimate: Rs 2019.11 cr))
-NII up 0.86% from Rs 4800.59 cr to Rs 4841.94 cr ((Estimate: Rs 5619.19 cr))
-Other income at Rs 4718.22 cr vs Rs 2871.2 cr
-Provisions down 14.91% from Rs 1619.14 cr to Rs 1377.66 cr
-NPAs up 28.66% to Rs 9552.02 cr

HUL Jan-Mar
-Net Profit At Rs 394.99 Cr Vs Rs 380.9 cr
-Net Sales At Rs 3,988.33 Cr Vs Rs 3,762.5 cr
-Exceptional Loss Of Rs 107.09 Cr Vs Gain Of Rs 2.5 Cr
-FMCG Sales up 11.8%; HPC Segment up 11.5%

Peninsula Land Q4
-Net Profit up 45.35% from Rs 24.74 cr to Rs 35.96 cr ((Estimate: Rs 33.7 cr))
-Net Sales up 75.48% from Rs 111.19 cr to Rs 195.12 cr ((Estimate: Rs 114.57 cr))
-EBIDTA margins at 13.61% vs 21.76%

Novartis Q4
-Net Profit At Rs 20.71 Cr Vs Rs 21.53 Cr
-Net Sales At Rs 134 Cr Vs Rs 131 Cr

Alembic FY09
-Net profit at Rs 10.82 cr vs 112 cr
-Net sales up by 11% at Rs 1116 cr
-Exports up 44% to Rs 455.36 cr
-Sales to regulated markets up 63% to Rs 309 cr
-Forex losses 35.07 cr

Alembic Q4FY09
-Net sales down 8% at Rs 241 cr vs Rs 262 Cr
-OPM 4% vs 13%
-Net loss of Rs (5) cr vs net profit of Rs 15 Cr
-R& D expenditure increased 67%
-Forex loss of Rs 42 Cr for the Qtr

Other stocks and sectors in the news:
Bharat Sheth says not interested in Great Offshore
Tata Steel says job losses likely in Europe, temporary closures of some plants possible
Essel Propack set to acquire UK’s BETTS – ET
Temasek, GIC stake rise in ICICI Bank under scrutiny – BS
LIC to cut stakes in some firms below 10% - BS
Alcatel Lucent, Juawei bags $400 million contract from Unitech Wireless – FE
Indage Vintners shuts regional offices, staff alleges co has not paid dues since July 08 – BS ((listed co))
IndiaBulls Real Estate plans to raise $150 million via QIP issues, MS appointed advisors
L&T to sell its 11.5% stake in UltraTech cement by December 09 – ET
Wipro leads race to bag SWAN’s mega contract – ET
Bharti, Man United sign multi million dollar 5 year content deal – ET
GMR Infra plans to raise $1 billion – BS
Dr Reddy’s files post grant opposition against Pfizer’s smoke cessation drug Champix
Television Eighteen board meet on May 13 to consider rights issue
Era Infra board approves issue of 3.5 cr shares to promoters on preferential basis
Akruti City board defers stock split plan
Still in NSE F&O curb: Alok Industries