15 October 2008

Corp Headlines, Results:Larsen,HCL,Cont.Corp etc

Results:

Container Corporation Of India net profit rises 28.48% in the September 2008 quarter
Net profit of Container Corporation Of India rose 28.48% to Rs 223.68 crore in the quarter ended September 2008 as against Rs 174.10 crore during the previous quarter ended September 2007. Sales rose 9.78% to Rs 903.36 crore in the quarter ended September 2008 as against Rs 822.88 crore during the previous quarter ended September 2007

HCL Technologies net profit declines 3.93% in the September 2008 quarter
Net profit of HCL Technologies declined 3.93% to Rs 253.79 crore in the quarter ended September 2008 as against Rs 264.17 crore during the previous quarter ended September 2007. Sales rose 6.61% to Rs 1175.80 crore in the quarter ended September 2008 as against Rs 1102.86 crore during the previous quarter ended September 2007.

CMC net profit rises 18.53% in the September 2008 quarterSales decline 28.41% to Rs 177.36 crore
ICSA India net profit rises 66.31% in the September 2008 quarter
Larsen & Toubro net profit rises 32.25% in the September 2008 quarter
HCL Tech Q1 net profit at Rs 356.2 cr

Electrosteel Casting Q2 net profit at Rs 42.1 cr
L&T Q2 PAT up 32.47% at Rs 461 crore
South Indian Bank Q2 net profit up at Rs 51.6 cr
IFCI Q2 net profit at Rs 259 cr
Sonata Software Q2 Cons net profit at Rs 21.6 cr
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Business HEADLINES

JPMorgan profit plummets on loan losses
ICICI regains most valued domestic private bank status
RIL plans power foray with mining, coal-to-oil projects
RIL, NTPC may smoke peace pipe on KG gas
1,900 staff are being given notices of separation: Jet

Reliance Infrastructure plans to spend Rs 30000 crore in next 5-6 years
Nehru was nominated for Nobel peace prize 11 times
RBI cuts CRR by 100 basis points
Govt, RBI agree on more policy steps: P Chidambaram
Frontline stocks likely to lead rally when market rebounds

L&T stock falls 10% as OPM down 20 bps
Hotel Industry
ONGC
Lupin, Axis Bank, Sterlite Industries, India Banki...

Post Session Commentary - Oct 15 2008
Below 11k again
Indian market underperforms global peers as Sensex...
Trading Calls - Oct 15 2008
India Investment Strategy
MRPL
Media Sector

Source:Indiaearnings, ET, Capital Market, Deadpresident etc

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