15 Oct 2009, 0559 hrs IST
15 Oct 2009, 0316 hrs IST
We are upgrading our earnings estimates by 4.6% to Rs 92.1 for FY10 and by 7.7% to Rs 102.9 for FY11 to factor in higher volumes in both domestic and export markets, better realisation, driven by improving product mix, higher operating leverage, higher interest income on treasury operations
15 Oct 2009, 0315 hrs IST
ARIL has not only been able to comfortably ride the entire downturn (from net debt of Rs 280 crore in FY07 to net cash of around Rs 420 crore in FY09), but is now also looking to buy distressed assets.
15 Oct 2009, 0312 hrs IST
Over the past couple of years, State Bank of India has been focusing on drawing significant synergies through an internal consolidation of its associate banks. The CASA ratio stands at 38%.
15 Oct 2009, 0309 hrs IST
Deccan Chronicle will post a 1.7% Y-o-Y decline in quarterly revenue due to higher base of last year. Advertising revenue is set to grow sequentially by 2%. Decline in newsprint price will benefit the company.
15 Oct 2009, 0307 hrs IST
The bank has repriced Rs 1,200 cr deposits in the Q1. In FY10, it is planning to reprice the additional deposits worth Rs 26,000 cr, which will improve on margins.
14 Oct 2009, 1222 hrs IST
Options data in beginning of October series gave a tentative range of 4700-4800 on lower side and 5200-5300 on higher side to act as strong support and resistance zone respectively.