STOCKS IN NEWS: Idea, Rel Cap, IDFC, Panacea, ICICI Pru, Cadila

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Results today: KPIT Technologies, Sasken Communication, Sterlite Technologies, Agro Tech Foods, Hatsun Agro Product, Hindustan Media Ventures, HOEC, International Paper, Kirloskar Industries, Muthoot Capital Services, Phillips Carbon Black, Repro India, RS Software, Trident.


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 Delta Corp   Q3 
-Consolidated net profit down 68.8 percent at Rs 10 crore versus Rs 32.2 crore (QoQ).
-Consolidated total income down 22.9 percent at Rs 103.6  crore versus Rs 134.3 crore (QoQ). 
-Consolidated EBITDA down 44.8 percent at Rs 31.3 crore versus Rs 56.7 crore (QoQ).
-Consolidated EBITDA margin at 30.2 percent versus 42.2  percent (QoQ).
-Consolidated net profit up 37.2 percent at Rs 10 crore versus  Rs 7.3 crore (YoY). 
-Consolidated total income up 4.5 percent at Rs 103.6 crore versus Rs 99.1 crore (YoY). 
-Consolidated EBITDA down 3.5 percent at Rs 31.3 crore versus Rs 32.4 crore (YoY).
-Consolidated EBITDA margin at 30.2 percent versus 32.7  percent (YoY).

Indiabulls Real 
-Acquires 74 percent stake held by FIM in the JV IIPL for Rs    382 crore.
-Company-led JV received Rs 701 crore from Delhi  Development Authority for Tehkhand land.
-IIPL has become 100 percent owned by company post 74      percent stake acquisition from FIM Hindustan Zinc.   
-Government seeks up to Rs 15,000 crore dividend from  

Hindustan Zinc by March 31: Reuters sources 
-Hindustan Zinc wants to pay investors partly through share buy back. 
-Legal hurdles in Hindustan Zinc share buyback option. 

IDFC 
-IDFC Alternatives (asset management of IDFC) has formed a JV with Parampara Capital. 
-Intend to float IDFC Parampara; to raise Rs 100 crore by  March 2017.

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