VCcircle.com
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Cricket League Rights Announced; ICICI Venture Disqualified
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Rajat Sharma’s India TV Gets Rs 100 Crore Investment From Shyam Equities
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ePlanet Ventures, DFJ Invest In Pakistani Internet Company Naseeb
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OnMObile Makes Pre-IPO placement of 5% to Bessemer, George Soros
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INDIAPE.com
Birla group to enter PE business
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24 January 2008
Sensex gives up early gains, ends 372 pts
Sensex gives up early gains, ends 372 pts
Sensex ends 372 points lower after early
Volatility grips market; Sensex ends 2%
NIFTY 5033.45 -169.95
SENSEX 17221.74 -372.33
The Sensex opened with a bang this morning and sailed past 18,000 mark and much beyond to touch a high of 18,185.10 as the bulls continued from where they left yesterday afternoon. The Nifty shot up by over 150 points to 5357.20. A splendid recovery on Wall Street and firm Asian markets were the triggers that were in play.
And, despite turning a bit choppy at times, the market held on in the positive territory till about mid afternoon. Then, after a couple of sharp slides, the market plunged deep into the red as stocks across the board wilted under a severe bout of selling pressure.
Reeling under the onslaught, the Sensex crashed to 17,070.05, recording a fall of over 1100 points from its intra-day high and the Nifty tumbled to 4995.80. Though the market managed a few sharp rallies from lower levels in late afternoon trade, it was a highly negative close in the end for the premier indices today.
While the Sensex closed with a loss of 372.33 points or 2.12% at 17,221.74, the Nifty ended at 5033.45 with a loss of 3.27% or 169.95 points.
Realty, power, metal and capital goods stocks went down sharply. Auto, PSU and healthcare stocks also felt the heat. Bank and information technology stocks, which were seen faring relatively better, turned easy during the final hour of trade.
Mid and smallcap stocks took a severe beating this afternoon. Though there was a rebound during the fag end, the Midcap and Smallcap indices still ended the ended the day with sharp losses.
Among Sensex stocks, only HDFC (3.25%), State Bank of India (0.95%), Satyam Computer Services (1.8%), Reliance Communications (1.65%) and Bharti Airtel (0.7%) bucked the trend. ACC finished with a marginal gain.
NTPC (down 8.9%) was the most prominent loser in the Sensex. Reliance Energy closed with a big loss of 8.75%. Heavyweight stock Reliance Industries eased by around 2.5%. Bajaj Auto, Cipla, DLF, Grasim Industries, Hindalco, Larsen & Toubro, Maruti Suzuki, ONGC, Tata Steel and Wipro lost 3% - 6%.
Ambuja Cements, BHEL, HDFC Bank, Hindustan Unilever, ITC, ICICI Bank, Mahindra & Mahindra, Ranbaxy Laboratories, Tata Motors and Tata Consultancy Services also ended with sharp losses today. IT bellwether Infosys Technologies closed marginally down at Rs 1420.60.
Suzlon Energy, which eased by over 9%, was the biggest loser in the Nifty today. GAIL India dropped down by 8.85%. SAIL lost a little over 8%. Zee Entertainment, Dr. Reddy's Laboratories, Sterlite Industries, ABB, Siemens, Nalco, VSNL, Unitech, Sun Pharmaceuticals, Reliance Petroleum, HCL Technologies, Tata Power and Cairn India also finished with sharp losses.
Hero Honda shot up by over 7%. Punjab National Bank ended stronger by 3.2% on buoyant results. Idea Cellular closed with a gain of over 2.5% at Rs 114.20.
Gujarat Narmada, Birla Corporation, Bank of India, Bombay Dyeing, Lanco Infratech, Hindustan Zinc, Jindal Steel, Sterlite Technologies, GE Shipping, Edelweiss Capital, Polaris, Jindal Stainless, Hinduja Ventures, Neyveli Lignite Corporation and Raymond were among the major losers in BSE 'A' Group.
Bongaigon Refinery moved up by nearly 8% on strong quarterly results. LIC Housing Finance, Tata Tea, Indian Oil Corporation, Tata Elxsi, Cadila Healthcare, Asahi India, Pidilite Industries, Chennai Petroleum Corporation, Finolex Industries, Gujarat Gas, Indian Overseas Bank and Idea Cellular also ended on a firm note.
The market breadth was very weak today. Out of 2741 stocks traded on BSE, 2341 stocks closed weak. 385 stocks ended with gains while 15 stocks ended at their previous closing levels.
---------------------------------------------------------
Sensex sheds 372 points in choppy trade
The market tumbled today as selling pressure emerged in index pivotals in the second half of the day. Nonetheless, it recovered some ground after a massive fall in afternoon trade. Earlier today, the market had surged in opening trade tracking rally in Asian markets. The market breadth was quite weak.
European markets opened on a strong note today while majority of Asian markets settled higher.
The BSE 30-share Sensex declined 372.33 points or 2.12% to 17,221.74. Sensex hit a low of 17,070.05, in afternoon trade. At the day's low, Sensex had lost 524.02 points. Sensex had opened with an upward gap of 326.91 points at 17,920.98 and surged further to hit a high of 18,185.10 in early trade. At the day's high, Sensex rose 591.03 points. Sensex oscillated in a wide range of 1115.05 points in highly volatile trade.
The broader CNX S&P Nifty slipped 169.95 points or 3.27% to 5,033.45. It hit a high of 5,357.20 and low of 4,995.80.
Nifty January 2008 futures were at 5001, a steep discount of 32.45 points as compared to spot closing
The BSE Mid-Cap index was down 3.23% to 7,537.90 while the BSE Small-Cap index was down 3.95% to 10,013.96. Both these indices underperformed the Sensex
The market breadth was weak on BSE: 2328 shares declined as compared to 400 that advanced. 16 shares remained unchanged. 23 out of 30 stocks from the Sensex pack declined.
The total turnover on BSE amounted to Rs 6364 crore as compared to Rs 7133 crore yesterday 23 January 2008.
The total turnover in NSE’s futures & options segment amounted to Rs 39442 crore as compared to Rs 36073.86 crore yesterday 23 January 2008
All Sectoral indices on BSE settled with losses. BSE Bankex (down 1.38% at 10,582.88), BSE IT index (down 1.20% at 3,587.78), BSE TecK index (down 0.70% to 3,225.77), BSE FMCG index (down 1.80% at 2,062.43), outperformed the Sensex
BSE Oil & Gas index (down 3.22% at 10,497.95), BSE PSU index (down 4.10% to 8,152.51), BSE Auto (down 2.31% at 4,567.13), BSE Consumer Durables index (down 3.59% to 4,995.25), BSE Power index (down 5.33% at 3,733.47), BSE Realty index (down 4.41% at 10,141.82), BSE Metal index (down 5.70% at 14,220.68), BSE Capital Goods index (down 4.87% at 16,382.48), BSE Health Care index (down 3.60% at 3,496.68), underformed the Sensex
Finance Minister P Chidambaram today said that some more measures would be taken to moderate capital inflows. He said there was a need to moderate some capital inflows without hurting the flow of capital that stimulates the economy.
Reliance Energy, the country’s largest power utility in terms of net profit declined 9.29% to Rs 1805. It was the top loser from Sensex pack. The stock moved in a wide range of Rs 1751.10 to Rs 2095.
India’s largest generation company in terms of net profit National Thermal Power Corporation (NTPC) slumped 8.81% to Rs 204 on profit booking. The stock had hit a high of Rs 229.90 in early trade. NTPC had surged 13.73% yesterday, 23 January 2008 on reports the company plans to invest Rs 1,729 crore for development of the Jharkhand coal mine.
India’a largest private sector firm by market capitalization and oil refiner Reliance Industries declined 2.75% to Rs 2484.70, off its early high of Rs 2640. 12.41 lakh shares changed hands on the counter on BSE
Hindalco (down 6.71% to Rs 150.05), Oil & Natural Gas Corporation (down 5.53% to Rs 937) and Wipro (down 6.05% to Rs 405) were the other losers from Sensex pack.
India’s largest dedicated housing finance company in terms of revenue Housing Development Finance Corporation gained 3.13% to Rs 2611. The stock swung wildly in band of Rs 2521 and Rs 2729. It was the top gainer from Sensex pack.
Satyam Computer Services (up 2.01% to Rs 401), ACC (up 1.56% to Rs 762), and Reliance Communications (up 1.10% to Rs 621.25),were the other gainers from Sensex pack
ICICI Bank, the country’s largest private sector bank in terms of net profit was down 1.37% to Rs 1135.05, off day’s high of Rs 1246. As pere reports, ICICI Securities, the investment banking and broking unit of ICICI Bank reportedly aims to raise up to $1 billion through a pre-IPO placement of shares.
India's biggest commercial bank State Bank of India rose 0.90% to Rs 2345. The bank unveils its Q3 December 2007 results today.
India’s biggest private sector engineering company in terms of order book Larsen & Toubro slipped 5.17% to Rs 3555 despite securing orders worth Rs 1057 crore from the Gulf region on Wednesday, 23 January 2008.
India’s largest FMCG company in terms of revenue Hindustan Unilever declined 3% to Rs 183.90. It was strong throughout the day, but slipped in late trade. It had touched high of Rs 202.90 during the day
India’s largest cellular services provider in terms of market capitalisation Bharti Airtel was up 0.62% to Rs 852 on high volume of 16.70 lakh shares. A single block deal of 12.72 lakh shares was executed in the stock on BSE at Rs 850.50 by 10:16 IST.
India’s largest real estate developer in terms of market capitalisation DLF slipped 2.02% to Rs 905.
Reliance group stocks dominated turnover charts. Reliance Natural Resources was the most active counter on BSE with turnover of Rs 408 crore followed by Reliance Industries (Rs 313.60 crore), Reliance Petroleum (Rs 304.30 crore), Reliance Energy (Rs 175.25 crore) and Reliance Capital (Rs 169.75 crore).
Ispat Industries was the volume topper with total volume of 2.95 crore shares followed by Reliance Natural Resources (2.91 crore shares), Reliance Petroleum (1.81 crore shares), Tata Teleservices (Maharashtra) (1.22 crore shares) and IFCI (1.21 crore shares).
Polaris Software Lab tumbled 10.21% to Rs 77.35 after the company reported 7.08% rise in net profit to Rs 13.46 crore on 1.21% increase in sales to Rs 239.31 crore in Q3 December 2007 over Q2 September 2007.
Ballarpur Industries rose 4.72% to Rs 147.40 on reporting 7.3% rise in net profit to Rs 66.70 crore on 2% rise in net sales to Rs 562.48 crore in Q2 December 2007 over Q2 December 2006.
PBA Infrastructure slipped 2.54% to Rs 98 after the company said it has bagged orders worth Rs 150.77 crore from Pimpri Chinchwad Municipal Corporation and Municipal Corporation of Greater Mumbai.
Shree Renuka Sugars was down 0.66% to Rs 860. Its board of directors approved splitting each share of Rs 10 into ten shares of Re 1 each.
Punjab National Bank surged 3.66% to Rs 624 on reporting 25.96% growth in net profit to Rs 541.45 crore on 25.93% rise in total income to Rs 4119.57 crore in Q3 December 2007 over Q3 December 2006.
Reliance Capital slipped 8.10% to Rs 1811 despite reporting 86.35% rise in net profit to Rs 135.24 crore on 209.68% rise in total income to Rs 375.46 crore in Q3 December 2007 over Q3 December 2006.
Bongaigaon Refinery & Petrochemicals jumped 8.09% to Rs 64.15 on reporting 143.5% surge in net profit to Rs 84.90 crore on 6.60% rise in net sales to Rs 1462.22 crore in Q3 December 2007 over Q3 December 2006.
Entertainment Network (India) soared 6.23% to Rs 465 after the company said it sold 16.5% stake in its outdoor advertising unit Times Innovative Media to foreign investors for a total of Rs 200 crore.
Hindustan Zinc declined 10.37% to Rs 569 on reporting 41.2% fall in net profit to Rs 785 crore on 33.10% fall in net sales to Rs 1658 crore in Q3 December 2007 over Q3 December 2006
Third quarter December 2007 results so far have been decent. A total of 624 companies reported 42.30% rise in net profit on 22.20% rise in net sales for Q3 December 2007 over Q3 December 2006.
There is a liquidity crunch in the secondary market at the moment with a lot of money tied up to the recently concluded mega Rs 11000-crore IPO of Reliance Power which was massively oversubscribed. The IPO was closed on Friday, 18 January 2008.
European markets were trading strong today. Key benchmark indices in United Kingdom (up 3.11% to 5,783.60), Germany (up 4.60% to 6,734) and France (up 4.24% to 4,833.10) surged
Most Asian markets settled higher today 24 January 2008. Japan's Nikkei (up 2.06% at 13,092.78), Singapore's Straits Times (up 2.23% at 3,050.09), Taiwan's Taiwan Weighted (up 1.47% at 7,517.05), South Korea's Seoul Composite (up 2.12% at 1,663) and China’s Shanghai Composite (up 0.31% to 4,717.34) registered gains.
However Hong Kong slipped 2.29% to 23,539.27 after initial spurt.
China expects a mild slowdown in growth this year, the head of the National Bureau of Statistics said on Thursday, 24 January 2008, after reporting that annual GDP growth eased to 11.2% in the fourth quarter of 2007 from 11.5% in the third.
US stocks snapped a five-day losing streak on Wednesday on optimism that a government plan to rescue ailing bond insurers is taking shape and could prevent billions more in credit losses. The market also drew support from growing confidence that aggressive interest-rate cuts by the Federal Reserve could help stabilize the economy and support the beleaguered banking sector. The Dow Jones industrial average surged 298.98 points, or 2.5% at 12,270.17, after plunging almost 350 points in early trade. The Standard & Poor's 500 index advanced 28.10 points, or 2.14%, to 1,338.60, while the Nasdaq Composite index shot up 24.14 points, or 1.05%, to 2,316.41.
Back home, the market had bounced back on Wednesday, 23 January 2008, after a bloodbath witnessed on the street in the previous two trading sessions when share prices had declined like nine pins. US Federal Reserve came to the rescue cutting key US interest rates by a steep 75 basis points to 3.5% late on Tuesday, 22 January 2008, after Indian markets had closed. The US central bank's move followed two days of steep losses in Asian and European equities on worries that a deteriorating US economy would drag other regions down with it. The US economy has been hit hard by rising defaults in the sub-prime mortgage sector in which Americans with bad credit records are struggling to pay back housing loans given to them during the housing boom.
Margin calls had created havoc on the Indian bourses in causing a steep decline in share prices that was initially triggered by a setback in global markets and selling by foreign institutional investors. The BSE Sensex had tumbled 2283.76 points or 12.01% to 16,729.94 on Tuesday, 22 January 2008 from its close of 19,013.70 on Friday, 18 January 2008.
Margin trading is where investors trade shares without paying the full cost of the share. Instead a margin or percentage is paid as collateral, and when the market moves against the investor, the margin needs to be topped up. If the investor does not make payment, the shares can be sold by the broker. A margin call is also triggered when shares that an investor had bought with borrowed money decrease in value. If the investor is not able to put up additional margin, the broker/financer will resort to sale of shares.
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Cipla's Q3 net up14.7% at Rs 211 cr
Engineers India Q3 net rises 26% at Rs 50.25 cr
Jain Irrigation Q3 net at Rs 44.9 cr
Punjab National Bank Q3 net up 25.96% at Rs 541.45 cr
Vishal Retail Oct-Dec net at Rs 15.56 cr
GTL Q3 net up 95.53% at Rs 40.67 cr
HDIL Q3 net at Rs 270.23 cr
Central Bank of India Q3 net up 49.9% at Rs 201.01 cr
Reliance Capital Q3 net up 86.36% at Rs 135.24 cr
Pyramid Saimira buys majority stake in gaming firm
Davos agenda 2008
Source: Sify.com, Capital Market.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Sensex ends 372 points lower after early
Volatility grips market; Sensex ends 2%
NIFTY 5033.45 -169.95
SENSEX 17221.74 -372.33
The Sensex opened with a bang this morning and sailed past 18,000 mark and much beyond to touch a high of 18,185.10 as the bulls continued from where they left yesterday afternoon. The Nifty shot up by over 150 points to 5357.20. A splendid recovery on Wall Street and firm Asian markets were the triggers that were in play.
And, despite turning a bit choppy at times, the market held on in the positive territory till about mid afternoon. Then, after a couple of sharp slides, the market plunged deep into the red as stocks across the board wilted under a severe bout of selling pressure.
Reeling under the onslaught, the Sensex crashed to 17,070.05, recording a fall of over 1100 points from its intra-day high and the Nifty tumbled to 4995.80. Though the market managed a few sharp rallies from lower levels in late afternoon trade, it was a highly negative close in the end for the premier indices today.
While the Sensex closed with a loss of 372.33 points or 2.12% at 17,221.74, the Nifty ended at 5033.45 with a loss of 3.27% or 169.95 points.
Realty, power, metal and capital goods stocks went down sharply. Auto, PSU and healthcare stocks also felt the heat. Bank and information technology stocks, which were seen faring relatively better, turned easy during the final hour of trade.
Mid and smallcap stocks took a severe beating this afternoon. Though there was a rebound during the fag end, the Midcap and Smallcap indices still ended the ended the day with sharp losses.
Among Sensex stocks, only HDFC (3.25%), State Bank of India (0.95%), Satyam Computer Services (1.8%), Reliance Communications (1.65%) and Bharti Airtel (0.7%) bucked the trend. ACC finished with a marginal gain.
NTPC (down 8.9%) was the most prominent loser in the Sensex. Reliance Energy closed with a big loss of 8.75%. Heavyweight stock Reliance Industries eased by around 2.5%. Bajaj Auto, Cipla, DLF, Grasim Industries, Hindalco, Larsen & Toubro, Maruti Suzuki, ONGC, Tata Steel and Wipro lost 3% - 6%.
Ambuja Cements, BHEL, HDFC Bank, Hindustan Unilever, ITC, ICICI Bank, Mahindra & Mahindra, Ranbaxy Laboratories, Tata Motors and Tata Consultancy Services also ended with sharp losses today. IT bellwether Infosys Technologies closed marginally down at Rs 1420.60.
Suzlon Energy, which eased by over 9%, was the biggest loser in the Nifty today. GAIL India dropped down by 8.85%. SAIL lost a little over 8%. Zee Entertainment, Dr. Reddy's Laboratories, Sterlite Industries, ABB, Siemens, Nalco, VSNL, Unitech, Sun Pharmaceuticals, Reliance Petroleum, HCL Technologies, Tata Power and Cairn India also finished with sharp losses.
Hero Honda shot up by over 7%. Punjab National Bank ended stronger by 3.2% on buoyant results. Idea Cellular closed with a gain of over 2.5% at Rs 114.20.
Gujarat Narmada, Birla Corporation, Bank of India, Bombay Dyeing, Lanco Infratech, Hindustan Zinc, Jindal Steel, Sterlite Technologies, GE Shipping, Edelweiss Capital, Polaris, Jindal Stainless, Hinduja Ventures, Neyveli Lignite Corporation and Raymond were among the major losers in BSE 'A' Group.
Bongaigon Refinery moved up by nearly 8% on strong quarterly results. LIC Housing Finance, Tata Tea, Indian Oil Corporation, Tata Elxsi, Cadila Healthcare, Asahi India, Pidilite Industries, Chennai Petroleum Corporation, Finolex Industries, Gujarat Gas, Indian Overseas Bank and Idea Cellular also ended on a firm note.
The market breadth was very weak today. Out of 2741 stocks traded on BSE, 2341 stocks closed weak. 385 stocks ended with gains while 15 stocks ended at their previous closing levels.
---------------------------------------------------------
Sensex sheds 372 points in choppy trade
The market tumbled today as selling pressure emerged in index pivotals in the second half of the day. Nonetheless, it recovered some ground after a massive fall in afternoon trade. Earlier today, the market had surged in opening trade tracking rally in Asian markets. The market breadth was quite weak.
European markets opened on a strong note today while majority of Asian markets settled higher.
The BSE 30-share Sensex declined 372.33 points or 2.12% to 17,221.74. Sensex hit a low of 17,070.05, in afternoon trade. At the day's low, Sensex had lost 524.02 points. Sensex had opened with an upward gap of 326.91 points at 17,920.98 and surged further to hit a high of 18,185.10 in early trade. At the day's high, Sensex rose 591.03 points. Sensex oscillated in a wide range of 1115.05 points in highly volatile trade.
The broader CNX S&P Nifty slipped 169.95 points or 3.27% to 5,033.45. It hit a high of 5,357.20 and low of 4,995.80.
Nifty January 2008 futures were at 5001, a steep discount of 32.45 points as compared to spot closing
The BSE Mid-Cap index was down 3.23% to 7,537.90 while the BSE Small-Cap index was down 3.95% to 10,013.96. Both these indices underperformed the Sensex
The market breadth was weak on BSE: 2328 shares declined as compared to 400 that advanced. 16 shares remained unchanged. 23 out of 30 stocks from the Sensex pack declined.
The total turnover on BSE amounted to Rs 6364 crore as compared to Rs 7133 crore yesterday 23 January 2008.
The total turnover in NSE’s futures & options segment amounted to Rs 39442 crore as compared to Rs 36073.86 crore yesterday 23 January 2008
All Sectoral indices on BSE settled with losses. BSE Bankex (down 1.38% at 10,582.88), BSE IT index (down 1.20% at 3,587.78), BSE TecK index (down 0.70% to 3,225.77), BSE FMCG index (down 1.80% at 2,062.43), outperformed the Sensex
BSE Oil & Gas index (down 3.22% at 10,497.95), BSE PSU index (down 4.10% to 8,152.51), BSE Auto (down 2.31% at 4,567.13), BSE Consumer Durables index (down 3.59% to 4,995.25), BSE Power index (down 5.33% at 3,733.47), BSE Realty index (down 4.41% at 10,141.82), BSE Metal index (down 5.70% at 14,220.68), BSE Capital Goods index (down 4.87% at 16,382.48), BSE Health Care index (down 3.60% at 3,496.68), underformed the Sensex
Finance Minister P Chidambaram today said that some more measures would be taken to moderate capital inflows. He said there was a need to moderate some capital inflows without hurting the flow of capital that stimulates the economy.
Reliance Energy, the country’s largest power utility in terms of net profit declined 9.29% to Rs 1805. It was the top loser from Sensex pack. The stock moved in a wide range of Rs 1751.10 to Rs 2095.
India’s largest generation company in terms of net profit National Thermal Power Corporation (NTPC) slumped 8.81% to Rs 204 on profit booking. The stock had hit a high of Rs 229.90 in early trade. NTPC had surged 13.73% yesterday, 23 January 2008 on reports the company plans to invest Rs 1,729 crore for development of the Jharkhand coal mine.
India’a largest private sector firm by market capitalization and oil refiner Reliance Industries declined 2.75% to Rs 2484.70, off its early high of Rs 2640. 12.41 lakh shares changed hands on the counter on BSE
Hindalco (down 6.71% to Rs 150.05), Oil & Natural Gas Corporation (down 5.53% to Rs 937) and Wipro (down 6.05% to Rs 405) were the other losers from Sensex pack.
India’s largest dedicated housing finance company in terms of revenue Housing Development Finance Corporation gained 3.13% to Rs 2611. The stock swung wildly in band of Rs 2521 and Rs 2729. It was the top gainer from Sensex pack.
Satyam Computer Services (up 2.01% to Rs 401), ACC (up 1.56% to Rs 762), and Reliance Communications (up 1.10% to Rs 621.25),were the other gainers from Sensex pack
ICICI Bank, the country’s largest private sector bank in terms of net profit was down 1.37% to Rs 1135.05, off day’s high of Rs 1246. As pere reports, ICICI Securities, the investment banking and broking unit of ICICI Bank reportedly aims to raise up to $1 billion through a pre-IPO placement of shares.
India's biggest commercial bank State Bank of India rose 0.90% to Rs 2345. The bank unveils its Q3 December 2007 results today.
India’s biggest private sector engineering company in terms of order book Larsen & Toubro slipped 5.17% to Rs 3555 despite securing orders worth Rs 1057 crore from the Gulf region on Wednesday, 23 January 2008.
India’s largest FMCG company in terms of revenue Hindustan Unilever declined 3% to Rs 183.90. It was strong throughout the day, but slipped in late trade. It had touched high of Rs 202.90 during the day
India’s largest cellular services provider in terms of market capitalisation Bharti Airtel was up 0.62% to Rs 852 on high volume of 16.70 lakh shares. A single block deal of 12.72 lakh shares was executed in the stock on BSE at Rs 850.50 by 10:16 IST.
India’s largest real estate developer in terms of market capitalisation DLF slipped 2.02% to Rs 905.
Reliance group stocks dominated turnover charts. Reliance Natural Resources was the most active counter on BSE with turnover of Rs 408 crore followed by Reliance Industries (Rs 313.60 crore), Reliance Petroleum (Rs 304.30 crore), Reliance Energy (Rs 175.25 crore) and Reliance Capital (Rs 169.75 crore).
Ispat Industries was the volume topper with total volume of 2.95 crore shares followed by Reliance Natural Resources (2.91 crore shares), Reliance Petroleum (1.81 crore shares), Tata Teleservices (Maharashtra) (1.22 crore shares) and IFCI (1.21 crore shares).
Polaris Software Lab tumbled 10.21% to Rs 77.35 after the company reported 7.08% rise in net profit to Rs 13.46 crore on 1.21% increase in sales to Rs 239.31 crore in Q3 December 2007 over Q2 September 2007.
Ballarpur Industries rose 4.72% to Rs 147.40 on reporting 7.3% rise in net profit to Rs 66.70 crore on 2% rise in net sales to Rs 562.48 crore in Q2 December 2007 over Q2 December 2006.
PBA Infrastructure slipped 2.54% to Rs 98 after the company said it has bagged orders worth Rs 150.77 crore from Pimpri Chinchwad Municipal Corporation and Municipal Corporation of Greater Mumbai.
Shree Renuka Sugars was down 0.66% to Rs 860. Its board of directors approved splitting each share of Rs 10 into ten shares of Re 1 each.
Punjab National Bank surged 3.66% to Rs 624 on reporting 25.96% growth in net profit to Rs 541.45 crore on 25.93% rise in total income to Rs 4119.57 crore in Q3 December 2007 over Q3 December 2006.
Reliance Capital slipped 8.10% to Rs 1811 despite reporting 86.35% rise in net profit to Rs 135.24 crore on 209.68% rise in total income to Rs 375.46 crore in Q3 December 2007 over Q3 December 2006.
Bongaigaon Refinery & Petrochemicals jumped 8.09% to Rs 64.15 on reporting 143.5% surge in net profit to Rs 84.90 crore on 6.60% rise in net sales to Rs 1462.22 crore in Q3 December 2007 over Q3 December 2006.
Entertainment Network (India) soared 6.23% to Rs 465 after the company said it sold 16.5% stake in its outdoor advertising unit Times Innovative Media to foreign investors for a total of Rs 200 crore.
Hindustan Zinc declined 10.37% to Rs 569 on reporting 41.2% fall in net profit to Rs 785 crore on 33.10% fall in net sales to Rs 1658 crore in Q3 December 2007 over Q3 December 2006
Third quarter December 2007 results so far have been decent. A total of 624 companies reported 42.30% rise in net profit on 22.20% rise in net sales for Q3 December 2007 over Q3 December 2006.
There is a liquidity crunch in the secondary market at the moment with a lot of money tied up to the recently concluded mega Rs 11000-crore IPO of Reliance Power which was massively oversubscribed. The IPO was closed on Friday, 18 January 2008.
European markets were trading strong today. Key benchmark indices in United Kingdom (up 3.11% to 5,783.60), Germany (up 4.60% to 6,734) and France (up 4.24% to 4,833.10) surged
Most Asian markets settled higher today 24 January 2008. Japan's Nikkei (up 2.06% at 13,092.78), Singapore's Straits Times (up 2.23% at 3,050.09), Taiwan's Taiwan Weighted (up 1.47% at 7,517.05), South Korea's Seoul Composite (up 2.12% at 1,663) and China’s Shanghai Composite (up 0.31% to 4,717.34) registered gains.
However Hong Kong slipped 2.29% to 23,539.27 after initial spurt.
China expects a mild slowdown in growth this year, the head of the National Bureau of Statistics said on Thursday, 24 January 2008, after reporting that annual GDP growth eased to 11.2% in the fourth quarter of 2007 from 11.5% in the third.
US stocks snapped a five-day losing streak on Wednesday on optimism that a government plan to rescue ailing bond insurers is taking shape and could prevent billions more in credit losses. The market also drew support from growing confidence that aggressive interest-rate cuts by the Federal Reserve could help stabilize the economy and support the beleaguered banking sector. The Dow Jones industrial average surged 298.98 points, or 2.5% at 12,270.17, after plunging almost 350 points in early trade. The Standard & Poor's 500 index advanced 28.10 points, or 2.14%, to 1,338.60, while the Nasdaq Composite index shot up 24.14 points, or 1.05%, to 2,316.41.
Back home, the market had bounced back on Wednesday, 23 January 2008, after a bloodbath witnessed on the street in the previous two trading sessions when share prices had declined like nine pins. US Federal Reserve came to the rescue cutting key US interest rates by a steep 75 basis points to 3.5% late on Tuesday, 22 January 2008, after Indian markets had closed. The US central bank's move followed two days of steep losses in Asian and European equities on worries that a deteriorating US economy would drag other regions down with it. The US economy has been hit hard by rising defaults in the sub-prime mortgage sector in which Americans with bad credit records are struggling to pay back housing loans given to them during the housing boom.
Margin calls had created havoc on the Indian bourses in causing a steep decline in share prices that was initially triggered by a setback in global markets and selling by foreign institutional investors. The BSE Sensex had tumbled 2283.76 points or 12.01% to 16,729.94 on Tuesday, 22 January 2008 from its close of 19,013.70 on Friday, 18 January 2008.
Margin trading is where investors trade shares without paying the full cost of the share. Instead a margin or percentage is paid as collateral, and when the market moves against the investor, the margin needs to be topped up. If the investor does not make payment, the shares can be sold by the broker. A margin call is also triggered when shares that an investor had bought with borrowed money decrease in value. If the investor is not able to put up additional margin, the broker/financer will resort to sale of shares.
Other Sify.com stories
Stock brokers now insist on DDs for buying shares
Societe Generale detects $7.14-b fraud
Mukesh wins Mumbai IPL team for $111.9 m
What's the future of stock market?
Cipla's Q3 net up14.7% at Rs 211 cr
Engineers India Q3 net rises 26% at Rs 50.25 cr
Jain Irrigation Q3 net at Rs 44.9 cr
Punjab National Bank Q3 net up 25.96% at Rs 541.45 cr
Vishal Retail Oct-Dec net at Rs 15.56 cr
GTL Q3 net up 95.53% at Rs 40.67 cr
HDIL Q3 net at Rs 270.23 cr
Central Bank of India Q3 net up 49.9% at Rs 201.01 cr
Reliance Capital Q3 net up 86.36% at Rs 135.24 cr
Pyramid Saimira buys majority stake in gaming firm
Davos agenda 2008
Source: Sify.com, Capital Market.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Labels:
ends 372 pts,
Sensex gives up early gains
23 January 2008
ET, Moneycontrol Stories
http://www.moneycontrol.com
Sensex sees biggest intra-day gain ever
Stocks that gain over 25% in today's trade
Fed cuts and Sensex: How the latter reacts?
Mkts bounce back: What are experts saying?
FIIs turn positive in today's trade
Funds not facing redemption heat: Kotak
Unlike West, Indian growth strong: ICICI
How are bankers reacting to Fed rate cut?
-------------------------------------------------
Goldman,Lehman buy Entertainment Network unit stake
Infosys fines its CEO for voilating insider trading rules
PepsiCo's Nooyi to head Indo-US trade council
RBI to cut interest rates : FICCI
Rolta acquires TUSC for $45 mn
L&T gets orders worth Rs 1057 crore
L&T, Lockheed in JV talks for developing Mark 41 Vertical Launching Systems
Elecon Engineering bags Rs 47.54 cr orders
Sobha Developers to develop B'lore project
RBI may not automatically cut rates on US Fed cut
History Repeats: Investors fail to learn much from past mistakes
Impact on India of Fed's rate cut
Markets have more than one reason for a rebound
Bulls snap 7-day losing streak
India remains most bullish market in Asia-Pacific: ING
Investors recover over Rs 3 trillion
Wockhardt Hospitals' IPO on Jan 31
It's wait & watch for planned IPOs
CRISIL assigns highest IPO grade to Acme Tele Power
Upcoming IPOs look overpriced compared to their listed peers
Reliance Power IPO: Banks face stop-payment calls
Emaar MGF to raise up to Rs 7,077 cr from IPO
Source: Economic TImes.com, Moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Sensex sees biggest intra-day gain ever
Stocks that gain over 25% in today's trade
Fed cuts and Sensex: How the latter reacts?
Mkts bounce back: What are experts saying?
FIIs turn positive in today's trade
Funds not facing redemption heat: Kotak
Unlike West, Indian growth strong: ICICI
How are bankers reacting to Fed rate cut?
-------------------------------------------------
Goldman,Lehman buy Entertainment Network unit stake
Infosys fines its CEO for voilating insider trading rules
PepsiCo's Nooyi to head Indo-US trade council
RBI to cut interest rates : FICCI
Rolta acquires TUSC for $45 mn
L&T gets orders worth Rs 1057 crore
L&T, Lockheed in JV talks for developing Mark 41 Vertical Launching Systems
Elecon Engineering bags Rs 47.54 cr orders
Sobha Developers to develop B'lore project
RBI may not automatically cut rates on US Fed cut
History Repeats: Investors fail to learn much from past mistakes
Impact on India of Fed's rate cut
Markets have more than one reason for a rebound
Bulls snap 7-day losing streak
India remains most bullish market in Asia-Pacific: ING
Investors recover over Rs 3 trillion
Wockhardt Hospitals' IPO on Jan 31
It's wait & watch for planned IPOs
CRISIL assigns highest IPO grade to Acme Tele Power
Upcoming IPOs look overpriced compared to their listed peers
Reliance Power IPO: Banks face stop-payment calls
Emaar MGF to raise up to Rs 7,077 cr from IPO
Source: Economic TImes.com, Moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Results: Sesa Goa, Canara Bk, Union Bk, Dena Bk, CPCL, BRFL, Sun TV etc
Canara Bank Q3 rises 26.40% at Rs 458.80 cr
Canara Bank has recorded a net profit of Rs 458.83 crore for the third quarter ended December 2007, showing an increase of 26.40 per cent as compared to Rs 363.02 crore for the same quarter in December 2006.
Total revenue for the quarter has increased to Rs 4,096.60 crore from Rs 3,245.39 crore in the year-ago period.
Tanla Q3 net up 88% at Rs 44 cr
Tanla Solutions, a telecommunication software and service provider, has clocked a net profit of Rs 43.3 crore in the quarter ended December 2007, a rise of 87.8% against Rs 23 crore in the corresponding period previous year.
Union Bank Q3 net profit jumps 42.68%
Union Bank of India’s net profit for October-December rose 42.68 per cent to Rs 365.02 crore compared with Rs 255.84 crore in the corresponding quarter previous year.
Chennai Petroleum Q3 net profit up Rs 225.62 cr YoY
Chennai Petroleum Corporation’s October- December net profit rose 826.57 per cent to Rs 225.62 crore compared with Rs 24.35 crore for the same quarter of previous year.
BRFL Q3 net profit jumps 151.28%
Bombay Rayon Fashions’ October-December net profit rose 151.28 per cent to Rs 34.57 crore from Rs 13.76 crore in the corresponding quarter previous year. Net sales increased 81.40 per cent to Rs 238.75 crore for the quarter ended December against Rs 131.62 crore for the same quarter previous year.
Sun TV Q3 net profit up 71.16%
Sun TV Network’s October-December net profit rose 71.16 per cent to Rs 102.30 crore compared with Rs 59.77 crore for the same quarter previous year. Total income increased 85.56 per cent to Rs 231.99 crore for the quarter ended December against Rs 125.02 crore year ago.
Gujarat Ambuja Exports Q3 net profit up 111.34%
Gujarat Ambuja Exports’ October-December net profit rose 111.34 per cent to Rs 30.04 crore compared with Rs 14.21 crore in corresponding quarter pervious year.
D-Link Q3 net profit up 13.25% YoY
D-Link India’s October-December net profit 13.25 per cent to Rs 7.04 crore compared with Rs 6.22 crore for the same quarter of previous year. Total income increased 3.44 per cent to Rs 78.22 crore for the quarter ended December 31, 2007 agianst Rs 75.62 crore for the quarter ended December 2006.
PVR Q3 net up at Rs 6.11 cr
Finolex Q3 net dips 6%
Sterlite Technologies Q3 net zooms 105%
Sterlite Technologies reported a net profit of Rs 26.4 crore in Q3 FY08, up 105% against Rs 12.9 crore in the year-ago period. Its net revenues for the reporting quarter stood at Rs 502 crore against Rs 314 crore, a company statement on Tuesday said.
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BRPL Q3 net up 143.55% at Rs 84.90 cr
The company has posted a net profit of Rs 84.90 crore for the quarter ended December 31, 2007 as compared to Rs 34.86 crore for the quarter ended December 31, 2006. Total Income has increased from Rs 1384.90 crore for the quarter ended December 31, 2006 to Rs 1473.08 crore for the quarter ended December 31, 2007.
Mirc Electronics net down at Rs 8.90 cr
Ballarpur Industries Q2 net up 18.3% at Rs 74 cr
Polaris Software Q3 net down at Rs 19.11 cr
Dena Bank net up 43.30% at Rs 101 cr in Q3
Dena Bank has announced a net profit of Rs 101.07 crore for the third quarter ended December 2007 as compared to Rs 70.53 crore shown during the same quarter in 2006.
Total income for the quarter has increased to Rs 804.13 crore from Rs 685.89 crore in the year-ago period
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ETC Networks net profit rises 63.19% in the December 2007 quarter
Net profit of ETC Networks rose 63.19% to Rs 2.66 crore in the quarter ended December 2007 as against Rs 1.63 crore during the previous quarter ended December 2006. Sales rose 18.13% to Rs 13.55 crore in the quarter ended December 2007 as against Rs 11.47 crore during the previous quarter ended December 2006.
Agro Tech Foods net profit rises 27.78% in the December 2007 quarter
Fortis Healthcare reports net profit of Rs 1.61 crore in the December 2007 quarter
Mid-Day Multimedia net profit declines 55.20% in the December 2007 quarter
Euro Ceramics net profit rises 29.83% in the December 2007 quarter
Net profit of Euro Ceramics rose 29.83% to Rs 8.27 crore in the quarter ended December 2007 as against Rs 6.37 crore during the previous quarter ended December 2006. Sales rose 29.26% to Rs 58.49 crore in the quarter ended December 2007 as against Rs 45.25 crore during the previous quarter ended December 2006.
Shree Renuka Sugars net profit rises 248.72% in the December 2007 quarter
Net profit of Shree Renuka Sugars rose 248.72% to Rs 27.20 crore in the quarter ended December 2007 as against Rs 7.80 crore during the previous quarter ended December 2006. Sales rose 56.23% to Rs 191.70 crore in the quarter ended December 2007 as against Rs 122.70 crore during the previous quarter ended December 2006.
Bongaigaon Refinery & Petrochemicals net profit rises 143.55% in the December 2007 quarter
Hindustan Zinc net profit declines 41.20% in the December 2007 quarter
Artson Engineering net profit declines 61.26% in the December 2007 quarter
Ballarpur Industries net profit rises 7.32% in the December 2007 quarter
Monsanto India net profit rises 25.96% in the December 2007 quarter
Sterling Tools net profit rises 42.65% in the December 2007 quarter
Net profit of Sterling Tools rose 42.65% to Rs 3.01 crore in the quarter ended December 2007 as against Rs 2.11 crore during the previous quarter ended December 2006. Sales rose 10.69% to Rs 41.61 crore in the quarter ended December 2007 as against Rs 37.59 crore during the previous quarter ended December 2006.
Nagarjuna Fertilizers & Chemicals net profit rises 35.06% in the December 2007 quarter
Net profit of Nagarjuna Fertilizers & Chemicals rose 35.06% to Rs 5.47 crore in the quarter ended December 2007 as against Rs 4.05 crore during the previous quarter ended December 2006. Sales rose 28.02% to Rs 624.20 crore in the quarter ended December 2007 as against Rs 487.57 crore during the previous quarter ended December 2006.
Avaya GlobalConnect net profit declines 30.78% in the December 2007 quarter
MRO-TEK net profit rises 57.63% in the December 2007 quarter
PVR net profit rises 265.87% in the December 2007 quarter
Shriram Transport Finance Company net profit rises 86.03% in the December 2007 quarter
Net profit of Shriram Transport Finance Company rose 86.03% to Rs 107.10 crore in the quarter ended December 2007 as against Rs 57.57 crore during the previous quarter ended December 2006. Sales rose 70.24% to Rs 638.26 crore in the quarter ended December 2007 as against Rs 374.91 crore during the previous quarter ended December 2006
Empee Distilleries reports net profit of Rs 4.25 crore in the December 2007 quarter
Bank of Maharashtra net profit rises 35.06% in the December 2007 quarter
Net profit of Bank of Maharashtra rose 35.06% to Rs 100.38 crore in the quarter ended December 2007 as against Rs 74.32 crore during the previous quarter ended December 2006. Total operating income rose 39.23% to Rs 905.70 crore in the quarter ended December 2007 as against Rs 650.51 crore during the previous quarter ended December 2006.
Bank of Rajasthan net profit rises 112.66% in the December 2007 quarter
Net profit of Bank of Rajasthan rose 112.66% to Rs 42.15 crore in the quarter ended December 2007 as against Rs 19.82 crore during the previous quarter ended December 2006. Total operating income rose 37.31% to Rs 262.39 crore in the quarter ended December 2007 as against Rs 191.10 crore during the previous quarter ended December 2006.
Supreme Infrastructure India reports net profit of Rs 6.26 crore in the December 2007 quarter
Phoenix Mills net profit declines 62.74% in the December 2007 quarter
K Sera Sera Productions reports net profit of Rs 9.50 crore in the December 2007 quarter
Bombay Rayon Fashions net profit rises 151.24% in the December 2007 quarter
Sesa Goa net profit rises 152.75% in the December 2007 quarter
Net profit of Sesa Goa rose 152.75% to Rs 492.71 crore in the quarter ended December 2007 as against Rs 194.94 crore during the previous quarter ended December 2006. Sales rose 92.97% to Rs 1134.44 crore in the quarter ended December 2007 as against Rs 587.89 crore during the previous quarter ended December 2006.
RSWM net profit declines 95.60% in the December 2007 quarter
Gujarat Ambuja Exports net profit rises 111.40% in the December 2007 quarter
Religare Enterprises reports net profit of Rs 2.24 crore in the December 2007 quarter
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RSWM net profit declines 95.60% in the December 2007 quarterGujarat Ambuja Exports net profit rises 111.40% in the December 2007 quarterReligare Enterprises reports net profit of Rs 2.24 crore in the December 2007 quarter
Canara Bank has recorded a net profit of Rs 458.83 crore for the third quarter ended December 2007, showing an increase of 26.40 per cent as compared to Rs 363.02 crore for the same quarter in December 2006.
Total revenue for the quarter has increased to Rs 4,096.60 crore from Rs 3,245.39 crore in the year-ago period.
Tanla Q3 net up 88% at Rs 44 cr
Tanla Solutions, a telecommunication software and service provider, has clocked a net profit of Rs 43.3 crore in the quarter ended December 2007, a rise of 87.8% against Rs 23 crore in the corresponding period previous year.
Union Bank Q3 net profit jumps 42.68%
Union Bank of India’s net profit for October-December rose 42.68 per cent to Rs 365.02 crore compared with Rs 255.84 crore in the corresponding quarter previous year.
Chennai Petroleum Q3 net profit up Rs 225.62 cr YoY
Chennai Petroleum Corporation’s October- December net profit rose 826.57 per cent to Rs 225.62 crore compared with Rs 24.35 crore for the same quarter of previous year.
BRFL Q3 net profit jumps 151.28%
Bombay Rayon Fashions’ October-December net profit rose 151.28 per cent to Rs 34.57 crore from Rs 13.76 crore in the corresponding quarter previous year. Net sales increased 81.40 per cent to Rs 238.75 crore for the quarter ended December against Rs 131.62 crore for the same quarter previous year.
Sun TV Q3 net profit up 71.16%
Sun TV Network’s October-December net profit rose 71.16 per cent to Rs 102.30 crore compared with Rs 59.77 crore for the same quarter previous year. Total income increased 85.56 per cent to Rs 231.99 crore for the quarter ended December against Rs 125.02 crore year ago.
Gujarat Ambuja Exports Q3 net profit up 111.34%
Gujarat Ambuja Exports’ October-December net profit rose 111.34 per cent to Rs 30.04 crore compared with Rs 14.21 crore in corresponding quarter pervious year.
D-Link Q3 net profit up 13.25% YoY
D-Link India’s October-December net profit 13.25 per cent to Rs 7.04 crore compared with Rs 6.22 crore for the same quarter of previous year. Total income increased 3.44 per cent to Rs 78.22 crore for the quarter ended December 31, 2007 agianst Rs 75.62 crore for the quarter ended December 2006.
PVR Q3 net up at Rs 6.11 cr
Finolex Q3 net dips 6%
Sterlite Technologies Q3 net zooms 105%
Sterlite Technologies reported a net profit of Rs 26.4 crore in Q3 FY08, up 105% against Rs 12.9 crore in the year-ago period. Its net revenues for the reporting quarter stood at Rs 502 crore against Rs 314 crore, a company statement on Tuesday said.
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BRPL Q3 net up 143.55% at Rs 84.90 cr
The company has posted a net profit of Rs 84.90 crore for the quarter ended December 31, 2007 as compared to Rs 34.86 crore for the quarter ended December 31, 2006. Total Income has increased from Rs 1384.90 crore for the quarter ended December 31, 2006 to Rs 1473.08 crore for the quarter ended December 31, 2007.
Mirc Electronics net down at Rs 8.90 cr
Ballarpur Industries Q2 net up 18.3% at Rs 74 cr
Polaris Software Q3 net down at Rs 19.11 cr
Dena Bank net up 43.30% at Rs 101 cr in Q3
Dena Bank has announced a net profit of Rs 101.07 crore for the third quarter ended December 2007 as compared to Rs 70.53 crore shown during the same quarter in 2006.
Total income for the quarter has increased to Rs 804.13 crore from Rs 685.89 crore in the year-ago period
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ETC Networks net profit rises 63.19% in the December 2007 quarter
Net profit of ETC Networks rose 63.19% to Rs 2.66 crore in the quarter ended December 2007 as against Rs 1.63 crore during the previous quarter ended December 2006. Sales rose 18.13% to Rs 13.55 crore in the quarter ended December 2007 as against Rs 11.47 crore during the previous quarter ended December 2006.
Agro Tech Foods net profit rises 27.78% in the December 2007 quarter
Fortis Healthcare reports net profit of Rs 1.61 crore in the December 2007 quarter
Mid-Day Multimedia net profit declines 55.20% in the December 2007 quarter
Euro Ceramics net profit rises 29.83% in the December 2007 quarter
Net profit of Euro Ceramics rose 29.83% to Rs 8.27 crore in the quarter ended December 2007 as against Rs 6.37 crore during the previous quarter ended December 2006. Sales rose 29.26% to Rs 58.49 crore in the quarter ended December 2007 as against Rs 45.25 crore during the previous quarter ended December 2006.
Shree Renuka Sugars net profit rises 248.72% in the December 2007 quarter
Net profit of Shree Renuka Sugars rose 248.72% to Rs 27.20 crore in the quarter ended December 2007 as against Rs 7.80 crore during the previous quarter ended December 2006. Sales rose 56.23% to Rs 191.70 crore in the quarter ended December 2007 as against Rs 122.70 crore during the previous quarter ended December 2006.
Bongaigaon Refinery & Petrochemicals net profit rises 143.55% in the December 2007 quarter
Hindustan Zinc net profit declines 41.20% in the December 2007 quarter
Artson Engineering net profit declines 61.26% in the December 2007 quarter
Ballarpur Industries net profit rises 7.32% in the December 2007 quarter
Monsanto India net profit rises 25.96% in the December 2007 quarter
Sterling Tools net profit rises 42.65% in the December 2007 quarter
Net profit of Sterling Tools rose 42.65% to Rs 3.01 crore in the quarter ended December 2007 as against Rs 2.11 crore during the previous quarter ended December 2006. Sales rose 10.69% to Rs 41.61 crore in the quarter ended December 2007 as against Rs 37.59 crore during the previous quarter ended December 2006.
Nagarjuna Fertilizers & Chemicals net profit rises 35.06% in the December 2007 quarter
Net profit of Nagarjuna Fertilizers & Chemicals rose 35.06% to Rs 5.47 crore in the quarter ended December 2007 as against Rs 4.05 crore during the previous quarter ended December 2006. Sales rose 28.02% to Rs 624.20 crore in the quarter ended December 2007 as against Rs 487.57 crore during the previous quarter ended December 2006.
Avaya GlobalConnect net profit declines 30.78% in the December 2007 quarter
MRO-TEK net profit rises 57.63% in the December 2007 quarter
PVR net profit rises 265.87% in the December 2007 quarter
Shriram Transport Finance Company net profit rises 86.03% in the December 2007 quarter
Net profit of Shriram Transport Finance Company rose 86.03% to Rs 107.10 crore in the quarter ended December 2007 as against Rs 57.57 crore during the previous quarter ended December 2006. Sales rose 70.24% to Rs 638.26 crore in the quarter ended December 2007 as against Rs 374.91 crore during the previous quarter ended December 2006
Empee Distilleries reports net profit of Rs 4.25 crore in the December 2007 quarter
Bank of Maharashtra net profit rises 35.06% in the December 2007 quarter
Net profit of Bank of Maharashtra rose 35.06% to Rs 100.38 crore in the quarter ended December 2007 as against Rs 74.32 crore during the previous quarter ended December 2006. Total operating income rose 39.23% to Rs 905.70 crore in the quarter ended December 2007 as against Rs 650.51 crore during the previous quarter ended December 2006.
Bank of Rajasthan net profit rises 112.66% in the December 2007 quarter
Net profit of Bank of Rajasthan rose 112.66% to Rs 42.15 crore in the quarter ended December 2007 as against Rs 19.82 crore during the previous quarter ended December 2006. Total operating income rose 37.31% to Rs 262.39 crore in the quarter ended December 2007 as against Rs 191.10 crore during the previous quarter ended December 2006.
Supreme Infrastructure India reports net profit of Rs 6.26 crore in the December 2007 quarter
Phoenix Mills net profit declines 62.74% in the December 2007 quarter
K Sera Sera Productions reports net profit of Rs 9.50 crore in the December 2007 quarter
Bombay Rayon Fashions net profit rises 151.24% in the December 2007 quarter
Sesa Goa net profit rises 152.75% in the December 2007 quarter
Net profit of Sesa Goa rose 152.75% to Rs 492.71 crore in the quarter ended December 2007 as against Rs 194.94 crore during the previous quarter ended December 2006. Sales rose 92.97% to Rs 1134.44 crore in the quarter ended December 2007 as against Rs 587.89 crore during the previous quarter ended December 2006.
RSWM net profit declines 95.60% in the December 2007 quarter
Gujarat Ambuja Exports net profit rises 111.40% in the December 2007 quarter
Religare Enterprises reports net profit of Rs 2.24 crore in the December 2007 quarter
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RSWM net profit declines 95.60% in the December 2007 quarterGujarat Ambuja Exports net profit rises 111.40% in the December 2007 quarterReligare Enterprises reports net profit of Rs 2.24 crore in the December 2007 quarter
Labels:
BRFL,
Canara Bk,
CPCL,
Dena Bk,
Results: Sesa Goa,
Sun TV etc,
Union Bk
Sensex ends 864 pts up
Sensex ends 864 pts up
Biggest intra-day gain
Sensex snaps losing streak 'Malpractices behind market crash' 'Stay away for now'
India's Sensex Snaps Seven-Day Losing
NSE 5203.40 +304.10
BSE 17594.07 +864.13
The sharp 75 basis point cut in US bank rate and the splendid recovery on the Asian bourses brought the bulls back to the ring, and with a number of blue chip stocks holding firm right through the session, the benchmark indices Sensex and Nifty cruised along merrily and snapped a seven session losing streak today.
Realty stocks, which had taken a severe beating over the last two sessions, ended on a high note. Frenzied buying was seen in oil, power, bank, FMCG and metal sectors as well. Information technology, auto, healthcare and PSU stocks also made smart progress.
The Sensex, which was up with a whopping gain of 1267 points at 17,997.11 at one stage this afternoon (this is the barometer's biggest ever intra-day surge), ended the day at 17,594.07, up 864.13 points or 5.17% over its previous closing mark. The Nifty closed with a gain of 6.21% or 374.10 points at 5203.40. In intra-day trades today, the Nifty touched a high of 5328.05.
Reliance Energy (15.95%) was the biggest gainer from the Sensex pack. NTPC closed stronger by around 13.75%. Software stock Satyam Computer Services which had weathered the storm quite admirably yesterday, ended with a strong gain of 10.85%.
State Bank of India notched up a gain of 8.6%. Reliance Industries, Tata Consultancy Services and BHEL gained 8.35%, 8.5% and 8.1% respectively. Bajaj Auto (7.45%), DLF (6.45%), Grasim Industries (5.8%), HDFC Bank (6.65%), Hindalco (6.95%), Reliance Communications (6.85%), Grasim Industries (5.8%) and ITC (4.9%) finished with impressive gains.
ACC, Ambuja Cements, Cipla, Hindustan Unilever, HDFC, ICICI Bank, Infosys Technologies, Larsen & Toubro, Mahindra & Mahindra, Maruti Suzuki, ONGC, Ranbaxy Laboratories, Tata Motors and Tata Steel also ended on a high note. Wipro bounced back from lower levels and closed with a modest gain. Bharti Airtel (down 0.3%) was the only stock from Sensex to end on a negative note today.
Tata Power, Reliance Petroleum, SAIL, Unitech, Punjab National Bank and GAIL India finished with hefty gains. Suzlon Energy, Zee Entertainment, Cairn India, Sterlite Industries, VSNL, ABB, BPCL, Dr. Reddy's Laboratories, Hero Honda and HCL Technologies also ended with handsome gains.
Idea Cellular closed with a sharp loss of 4.3%. Nalco, which enjoyed a bright spell yesterday, ended 3.1% down at Rs 415.25.
Besides large cap stocks, several midcap stocks also had a fine run today. Smallcaps, which opened on a subdued note, bounced back strongly in afternoon trade. A few of them posted impressive gains.
The market breadth was almost neutral when trade ended today. Out of 2722 stocks traded on BSE, 1301 stocks finished with gains. 1400 stocks closed on a negative note and 21 stocks ended at their previous closing levels.
Other Sify Stories:
World facing recession but India can help: Kamal Nath
PepsiCo's Nooyi to head Indo-US trade council
Rolta acquires TUSC for $45 m
Source: Sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Biggest intra-day gain
Sensex snaps losing streak 'Malpractices behind market crash' 'Stay away for now'
India's Sensex Snaps Seven-Day Losing
NSE 5203.40 +304.10
BSE 17594.07 +864.13
The sharp 75 basis point cut in US bank rate and the splendid recovery on the Asian bourses brought the bulls back to the ring, and with a number of blue chip stocks holding firm right through the session, the benchmark indices Sensex and Nifty cruised along merrily and snapped a seven session losing streak today.
Realty stocks, which had taken a severe beating over the last two sessions, ended on a high note. Frenzied buying was seen in oil, power, bank, FMCG and metal sectors as well. Information technology, auto, healthcare and PSU stocks also made smart progress.
The Sensex, which was up with a whopping gain of 1267 points at 17,997.11 at one stage this afternoon (this is the barometer's biggest ever intra-day surge), ended the day at 17,594.07, up 864.13 points or 5.17% over its previous closing mark. The Nifty closed with a gain of 6.21% or 374.10 points at 5203.40. In intra-day trades today, the Nifty touched a high of 5328.05.
Reliance Energy (15.95%) was the biggest gainer from the Sensex pack. NTPC closed stronger by around 13.75%. Software stock Satyam Computer Services which had weathered the storm quite admirably yesterday, ended with a strong gain of 10.85%.
State Bank of India notched up a gain of 8.6%. Reliance Industries, Tata Consultancy Services and BHEL gained 8.35%, 8.5% and 8.1% respectively. Bajaj Auto (7.45%), DLF (6.45%), Grasim Industries (5.8%), HDFC Bank (6.65%), Hindalco (6.95%), Reliance Communications (6.85%), Grasim Industries (5.8%) and ITC (4.9%) finished with impressive gains.
ACC, Ambuja Cements, Cipla, Hindustan Unilever, HDFC, ICICI Bank, Infosys Technologies, Larsen & Toubro, Mahindra & Mahindra, Maruti Suzuki, ONGC, Ranbaxy Laboratories, Tata Motors and Tata Steel also ended on a high note. Wipro bounced back from lower levels and closed with a modest gain. Bharti Airtel (down 0.3%) was the only stock from Sensex to end on a negative note today.
Tata Power, Reliance Petroleum, SAIL, Unitech, Punjab National Bank and GAIL India finished with hefty gains. Suzlon Energy, Zee Entertainment, Cairn India, Sterlite Industries, VSNL, ABB, BPCL, Dr. Reddy's Laboratories, Hero Honda and HCL Technologies also ended with handsome gains.
Idea Cellular closed with a sharp loss of 4.3%. Nalco, which enjoyed a bright spell yesterday, ended 3.1% down at Rs 415.25.
Besides large cap stocks, several midcap stocks also had a fine run today. Smallcaps, which opened on a subdued note, bounced back strongly in afternoon trade. A few of them posted impressive gains.
The market breadth was almost neutral when trade ended today. Out of 2722 stocks traded on BSE, 1301 stocks finished with gains. 1400 stocks closed on a negative note and 21 stocks ended at their previous closing levels.
Other Sify Stories:
World facing recession but India can help: Kamal Nath
PepsiCo's Nooyi to head Indo-US trade council
Rolta acquires TUSC for $45 m
Source: Sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
22 January 2008
ET Headlines
http://economictimes.indiatimes.com/
Indian markets may open up on Fed cut22 Jan, 2008, 2130 hrs IST, PTI
Federal Reserve's rate cut would help improve the sentiments on Indian bourses. Gainers and losers Sensex fall: Full coverage Why is the mkt crashing? Write in
Tech Mahindra Q3 net up 19 pc
Tata Steel's JV to build processing unit for autos
RBI quarterly review on Jan 29
-------------------------------------------------------
India Infoline Q3 consolidated net profit jump 260.50% YoY
Vijaya Bank Q3 net profit up 36.83% YoY
Tata Elxsi Q3 net profit up 0.73% YoY
I-Flex Solutions Q3 net profit up 21.67% YoY
Indiabulls Q3 net at Rs 303 crore
Everest Kanto Q3 net profit down 6.42 pc
FIIs pull out over Rs 5300 cr in six days
PM assures investors of market growth in an orderly manner
Halal St: Seven-month labour lost in seven trading sessions
No Sensex stock among top 20 market losers
Unlisted firms stopped from raising funds through ADR or GDR
Investor lose about Rs 16 trillion in 7 days on Dalal Street
Mutual funds waiting on the sidelines to invest in market
India's five richest lose over $45 bn in 7-day meltdown
More @ http://economictimes.indiatimes.com/headlines.cms
Source: Economic TImes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Indian markets may open up on Fed cut22 Jan, 2008, 2130 hrs IST, PTI
Federal Reserve's rate cut would help improve the sentiments on Indian bourses. Gainers and losers Sensex fall: Full coverage Why is the mkt crashing? Write in
Tech Mahindra Q3 net up 19 pc
Tata Steel's JV to build processing unit for autos
RBI quarterly review on Jan 29
-------------------------------------------------------
India Infoline Q3 consolidated net profit jump 260.50% YoY
Vijaya Bank Q3 net profit up 36.83% YoY
Tata Elxsi Q3 net profit up 0.73% YoY
I-Flex Solutions Q3 net profit up 21.67% YoY
Indiabulls Q3 net at Rs 303 crore
Everest Kanto Q3 net profit down 6.42 pc
FIIs pull out over Rs 5300 cr in six days
PM assures investors of market growth in an orderly manner
Halal St: Seven-month labour lost in seven trading sessions
No Sensex stock among top 20 market losers
Unlisted firms stopped from raising funds through ADR or GDR
Investor lose about Rs 16 trillion in 7 days on Dalal Street
Mutual funds waiting on the sidelines to invest in market
India's five richest lose over $45 bn in 7-day meltdown
More @ http://economictimes.indiatimes.com/headlines.cms
Source: Economic TImes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Results from Myiris, Capital Market.com
CapitalMarket.com
Indiabulls Real Estate reports net profit of Rs 410.04 crore in the December 2007 quarter
Sales reported at Rs 6.10 crore
Indiabulls Real Estate reported net profit of Rs 410.04 crore in the quarter ended December 2007. Sales reported at Rs 6.10 crore in the quarter ended December 2007.
Bank of India net profit rises 100.84% in the December 2007 quarter
Net profit of Bank of India rose 100.84% to Rs 511.89 crore in the quarter ended December 2007 as against Rs 254.87 crore during the previous quarter ended December 2006. Total operating income rose 35.90% to Rs 3151.11 crore in the quarter ended December 2007 as against Rs 2318.70 crore during the previous quarter ended December 2006
Vijaya Bank net profit rises 36.83% in the December 2007 quarter
Net profit of Vijaya Bank rose 36.83% to Rs 126.88 crore in the quarter ended December 2007 as against Rs 92.73 crore during the previous quarter ended December 2006. Total operating income rose 39.71% to Rs 1022.51 crore in the quarter ended December 2007 as against Rs 731.87 crore during the previous quarter ended December 2006.
Manjushree Extrusions net profit rises 46.07% in the December 2007 quarter
Sales rise 19.51% to Rs 18.99 crore
Net profit of Manjushree Extrusions rose 46.07% to Rs 1.30 crore in the quarter ended December 2007 as against Rs 0.89 crore during the previous quarter ended December 2006. Sales rose 19.51% to Rs 18.99 crore in the quarter ended December 2007 as against Rs 15.89 crore during the previous quarter ended December 2006.
India Infoline net profit rises 347.58% in the December 2007 quarter
Sales rise 837.88% to Rs 231.75 crore
Net profit of India Infoline rose 347.58% to Rs 64.72 crore in the quarter ended December 2007 as against Rs 14.46 crore during the previous quarter ended December 2006. Sales rose 837.88% to Rs 231.75 crore in the quarter ended December 2007 as against Rs 24.71 crore during the previous quarter ended December 2006.
Lupin net profit rises 203.91% in the December 2007 quarter
Net profit of Lupin rose 203.91% to Rs 170.28 crore in the quarter ended December 2007 as against Rs 56.03 crore during the previous quarter ended December 2006. Sales rose 23.35% to Rs 608.05 crore in the quarter ended December 2007 as against Rs 492.94 crore during the previous quarter ended December 2006.
Corporation Bank net profit rises 30.38% in the December 2007 quarter
Net profit of Corporation Bank rose 30.38% to Rs 190.90 crore in the quarter ended December 2007 as against Rs 146.42 crore during the previous quarter ended December 2006. Total operating income rose 23.91% to Rs 1098.86 crore in the quarter ended December 2007 as against Rs 886.84 crore during the previous quarter ended December 2006.
Gati net profit rises 193.19% in the December 2007 quarterSales decline 3.19% to Rs 134.53 croreNet profit of Gati rose 193.19% to Rs 12.49 crore in the quarter ended December 2007 as against Rs 4.26 crore during the previous quarter ended December 2006. Sales declined 3.19% to Rs 134.53 crore in the quarter ended December 2007 as against Rs 138.96 crore during the previous quarter ended December 2006.
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Mangalore Chemicals & Fertilizers net profit rises 211.90% in the December 2007 quarter (22-Jan 20:32 Hrs IST)Net profit of Mangalore Chemicals & Fertilizers rose 211.90% to Rs 19.40 crore in the quarter ended December 2007 as against Rs 6.22 crore during the previous quarter ended December 2006. Sales rose 27.07% to Rs 462.62 crore in the quarter ended December 2007 as against Rs 364.06 crore during the previous quarter ended December 2006.
United Spirits net profit declines 74.27% in the December 2007 quarterNet profit of United Spirits declined 74.27% to Rs 88.15 crore in the quarter ended December 2007 as against Rs 342.53 crore during the previous quarter ended December 2006. Sales rose 14.94% to Rs 888.96 crore in the quarter ended December 2007 as against Rs 773.42 crore during the previous quarter ended December 2006.--------------------------------
Pidilite Industries net profit rises 69.08% in the December 2007 quarterSales rise 37.06% to Rs 388.90 croreNet profit of Pidilite Industries rose 69.08% to Rs 40.90 crore in the quarter ended December 2007 as against Rs 24.19 crore during the previous quarter ended December 2006. Sales rose 37.06% to Rs 388.90 crore in the quarter ended December 2007 as against Rs 283.74 crore during the previous quarter ended December 2006
HEG net profit rises 141.01% in the December 2007 quarter (Net profit of HEG rose 141.01% to Rs 39.79 crore in the quarter ended December 2007 as against Rs 16.51 crore during the previous quarter ended December 2006. Sales rose 38.14% to Rs 259.79 crore in the quarter ended December 2007 as against Rs 188.06 crore during the previous quarter ended December 2006.
Mindtree Consulting net profit rises 10.34% in the December 2007 quarter
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Prakash Industries net profit rises 46.88% in the December 2007 quarterSales rise 27.89% to Rs 329.13 croreNet profit of Prakash Industries rose 46.88% to Rs 55.46 crore in the quarter ended December 2007 as against Rs 37.76 crore during the previous quarter ended December 2006. Sales rose 27.89% to Rs 329.13 crore in the quarter ended December 2007 as against Rs 257.36 crore during the previous quarter ended December 2006.
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Jyoti net profit rises 607.14% in the December 2007 quarter
Net profit of Jyoti rose 607.14% to Rs 1.98 crore in the quarter ended December 2007 as against Rs 0.28 crore during the previous quarter ended December 2006. Sales rose 69.58% to Rs 49.23 crore in the quarter ended December 2007 as against Rs 29.03 crore during the previous quarter ended December 2006.
Greenply Industries net profit rises 49.85% in the December 2007 quarter
Net profit of Greenply Industries rose 49.85% to Rs 9.80 crore in the quarter ended December 2007 as against Rs 6.54 crore during the previous quarter ended December 2006. Sales rose 27.87% to Rs 139.19 crore in the quarter ended December 2007 as against Rs 108.85 crore during the previous quarter ended December 2006.
MIC Electronics net profit rises 109.80% in the December 2007 quarter
Net profit of MIC Electronics rose 109.80% to Rs 13.70 crore in the quarter ended December 2007 as against Rs 6.53 crore during the previous quarter ended December 2006. Sales rose 114.77% to Rs 78.24 crore in the quarter ended December 2007 as against Rs 36.43 crore during the previous quarter ended December 2006.
Inox Leisure net profit rises 30.23% in the December 2007 quarter
Nelcast reports net profit of Rs 8.67 crore in the December 2007 quarter
Noida Toll Bridge Company net profit rises 117.82% in the December 2007 quarter
Net profit of Noida Toll Bridge Company rose 117.82% to Rs 6.60 crore in the quarter ended December 2007 as against Rs 3.03 crore during the previous quarter ended December 2006. Sales rose 42.13% to Rs 17.07 crore in the quarter ended December 2007 as against Rs 12.01 crore during the previous quarter ended December 2006.
Amara Raja Batteries net profit rises 206.40% in the December 2007 quarter
Net profit of Amara Raja Batteries rose 206.40% to Rs 29.66 crore in the quarter ended December 2007 as against Rs 9.68 crore during the previous quarter ended December 2006. Sales rose 110.50% to Rs 307.88 crore in the quarter ended December 2007 as against Rs 146.26 crore during the previous quarter ended December 2006.
Pantaloon Retail (India) net profit declines 28.02% in the December 2007 quarter
Info Edge (India) net profit rises 60.42% in the December 2007 quarter
Punjab Tractors net profit rises 3.25% in the December 2007 quarter
Tech Mahindra net profit rises 35.17% in the December 2007 quarter
Net profit of Tech Mahindra rose 35.17% to Rs 196.40 crore in the quarter ended December 2007 as against Rs 145.30 crore during the previous quarter ended December 2006. Sales rose 27.16% to Rs 911.60 crore in the quarter ended December 2007 as against Rs 716.90 crore during the previous quarter ended December 2006.
Coromandel Fertilisers net profit rises 244.99% in the December 2007 quarter
Net profit of Coromandel Fertilisers rose 244.99% to Rs 75.07 crore in the quarter ended December 2007 as against Rs 21.76 crore during the previous quarter ended December 2006. Sales rose 87.88% to Rs 956.34 crore in the quarter ended December 2007 as against Rs 509.01 crore during the previous quarter ended December 2006.
Lanco Industries net profit rises 30.00% in the December 2007 quarter
Net profit of Lanco Industries rose 30.00% to Rs 8.06 crore in the quarter ended December 2007 as against Rs 6.20 crore during the previous quarter ended December 2006. Sales rose 28.28% to Rs 130.29 crore in the quarter ended December 2007 as against Rs 101.57 crore during the previous quarter ended December 2006.
Swaraj Engines net profit rises 24.80% in the December 2007 quarter
Net profit of Swaraj Engines rose 24.80% to Rs 4.68 crore in the quarter ended December 2007 as against Rs 3.75 crore during the previous quarter ended December 2006. Sales rose 12.28% to Rs 38.96 crore in the quarter ended December 2007 as against Rs 34.70 crore during the previous quarter ended December 2006.
Tamil Nadu Newsprint & Papers net profit rises 27.71% in the December 2007 quarter
Net profit of Tamil Nadu Newsprint & Papers rose 27.71% to Rs 28.48 crore in the quarter ended December 2007 as against Rs 22.30 crore during the previous quarter ended December 2006. Sales rose 9.65% to Rs 235.14 crore in the quarter ended December 2007 as against Rs 214.45 crore during the previous quarter ended December 2006.
Genus Power Infrastructures net profit rises 59.01% in the December 2007 quarter
Net profit of Genus Power Infrastructures rose 59.01% to Rs 9.97 crore in the quarter ended December 2007 as against Rs 6.27 crore during the previous quarter ended December 2006. Sales rose 25.16% to Rs 105.35 crore in the quarter ended December 2007 as against Rs 84.17 crore during the previous quarter ended December 2006
Balaji Telefilms net profit declines 13.55% in the December 2007 quarter
Net profit of Balaji Telefilms declined 13.55% to Rs 18.82 crore in the quarter ended December 2007 as against Rs 21.77 crore during the previous quarter ended December 2006. Sales declined 5.95% to Rs 79.97 crore in the quarter ended December 2007 as against Rs 85.03 crore during the previous quarter ended December 2006.
SpiceJet reports net profit of Rs 9.34 crore in the December 2007 quarter
SpiceJet reported net profit of Rs 9.34 crore in the quarter ended December 2007. Sales reported at Rs 408.51 crore in the quarter ended December 2007
Tata Teleservices Maharashtra reports net loss of Rs 27.43 crore in the December 2007 quarter
Net Loss of Tata Teleservices Maharashtra reported to Rs 27.43 crore in the quarter ended December 2007 as against net loss of Rs 59.17 crore during the previous quarter ended December 2006. Sales rose 21.25% to Rs 439.76 crore in the quarter ended December 2007 as against Rs 362.68 crore during the previous quarter ended December 2006.
Thirumalai Chemicals reports net profit of Rs 6.11 crore in the December 2007 quarter
Net profit of Thirumalai Chemicals reported to Rs 6.11 crore in the quarter ended December 2007 as against net loss of Rs 1.36 crore during the previous quarter ended December 2006. Sales rose 28.18% to Rs 141.29 crore in the quarter ended December 2007 as against Rs 110.23 crore during the previous quarter ended December 2006.
DB (International) Stock Brokers net profit rises 341.82% in the December 2007 quarter
Net profit of DB (International) Stock Brokers rose 341.82% to Rs 2.43 crore in the quarter ended December 2007 as against Rs 0.55 crore during the previous quarter ended December 2006. Sales rose 196.18% to Rs 3.88 crore in the quarter ended December 2007 as against Rs 1.31 crore during the previous quarter ended December 2006
Maharashtra Elektrosmelt net profit rises 129.76% in the December 2007 quarter
Net profit of Maharashtra Elektrosmelt rose 129.76% to Rs 11.58 crore in the quarter ended December 2007 as against Rs 5.04 crore during the previous quarter ended December 2006. Sales rose 29.67% to Rs 74.73 crore in the quarter ended December 2007 as against Rs 57.63 crore during the previous quarter ended December 2006
Excel Industries net profit rises 16.38% in the December 2007 quarter
Net profit of Excel Industries rose 16.38% to Rs 1.35 crore in the quarter ended December 2007 as against Rs 1.16 crore during the previous quarter ended December 2006. Sales rose 19.00% to Rs 60.12 crore in the quarter ended December 2007 as against Rs 50.52 crore during the previous quarter ended December 2006
National Steel & Agro Industries net profit rises 14.49% in the December 2007 quarter
Net profit of National Steel & Agro Industries rose 14.49% to Rs 5.61 crore in the quarter ended December 2007 as against Rs 4.90 crore during the previous quarter ended December 2006. Sales rose 23.14% to Rs 507.16 crore in the quarter ended December 2007 as against Rs 411.85 crore during the previous quarter ended December 2006.
Gujarat Flourochemicals net profit rises 39.11% in the December 2007 quarter
Net profit of Gujarat Flourochemicals rose 39.11% to Rs 82.34 crore in the quarter ended December 2007 as against Rs 59.19 crore during the previous quarter ended December 2006. Sales rose 27.22% to Rs 196.68 crore in the quarter ended December 2007 as against Rs 154.60 crore during the previous quarter ended December 2006.
Mindtree Consulting net profit rises 10.34% in the December 2007 quarter
Net profit of Mindtree Consulting rose 10.34% to Rs 20.81 crore in the quarter ended December 2007 as against Rs 18.86 crore during the previous quarter ended December 2006. Sales rose 27.04% to Rs 186.50 crore in the quarter ended December 2007 as against Rs 146.80 crore during the previous quarter ended December 2006.
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Myiris.com
i-flex consolidated net slips 4% in Q3
i-flex Solutions announced a 4.05% decline in net profit at Rs 1,067.00 million for the third quarter ended December 2007 as compared to Rs 1,112.00 million for the quarter ended December 2006. Total Revenues increased 11.16% to Rs 6,196.00 million for the quarter ended December 2007 from Rs 5,574.00 million for the quarter ended December 2006.
Vijaya Bank Q3 profit rises 36.83%
Leading public sector lender, Vijaya Bank reported a rise of 36.83% in earnings in the quarter ended Dec. 31, 2007, to Rs 1,268.80 million compared with Rs 927.30 million in the same quarter, last year. The total income for the quarter surged 45.14% to Rs 11,391.90 million compared with the corresponding quarter, a year ago
Tata Elxsi profit remains flat in Dec`07 qtr
Tata Elxsi registered a marginal increase of 0.72% in net profit to Rs 140.64 million for the quarter ended December 2007 as compared with Rs 139.63 million for the corresponding quarter, last year.
Shasun Chemicals top line up 32% for Dec`07 qtr
Shasun Chemicals and Drugs, posted a 32% growth in consolidated revenue at Rs 2,554.6 million for the Q3FY08 compared to Rs 1,940.6 million in Q3FY07 and consolidated profit after tax at Rs 118.8 million for the Q3 FY08 as compared to Rs 116.5 million of Q3FY07.
Lupin consolidated net jumps 2.92 times in Dec`07 qtr
Leading drug maker Lupin, on consolidated basis, posted 2.92 times increase in net profit to Rs 1,808.60 million for the ended Dec. 31, 2007 as compared to Rs 620.20 million for the quarter ended Dec. 31, 2006.
Total Income increased 66.93% from Rs 5,153.20 million for the quarter ended Dec. 31, 2006 to Rs 8,602.30 million for the quarter ended Dec. 31, 2007.
Grasim Q3 earnings rise 34.55%
Grasim Industries registered a rise of 34.55% in earnings in the quarter ended Dec. 31, 2007, to Rs 5,537.90 million compared with Rs 4,115.80 million in the same quarter, last year. The earnings per share (EPS) for the quarter climbed 34.53% to Rs 60.39 compared with Rs 44.89 in prior year period. Substantial rise in operating margin together with steady revenue growth helped the company to post good earnings numbers. Operating margin in the quarter rose to 32.70%, representing a rise of 349 basis points when compared with same period, previous year
Camlin Fine Chemicals net jumps 2.25 times in Dec`07 qtr (QoQ)
Punjab Tractors net up 3.25% in Q3
Punjab Tractors registered a marginal rise of 3.25% in earnings in the third quarter ended Dec. 31, 2007, to Rs 254 million compared with Rs 246 million in the same quarter, last year. The total income for the quarter rose 14.25% to Rs 3,039 million compared with the corresponding quarter, a year ago.
Cosmo Films Q3 net zooms 2.67 times
Cosmo Films registered robust growth of 2.67 times in earnings in the quarter ended Dec. 31, 2007, to Rs 116 million compared with Rs 43.3 million in the previous year period. The earnings per share (EPS) for the quarter jumped 2.67 times to Rs 5.96 compared with Rs 2.23 in prior year period.
Nakoda Textile net up 63% for Dec `07 qtr
Nakoda Textile Industries registered 62.99% growth in net profit to Rs 28.67 million for the quarter ended Dec. 31, 2007, from Rs 17.59 million in the corresponding quarter last fiscal.
Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Indiabulls Real Estate reports net profit of Rs 410.04 crore in the December 2007 quarter
Sales reported at Rs 6.10 crore
Indiabulls Real Estate reported net profit of Rs 410.04 crore in the quarter ended December 2007. Sales reported at Rs 6.10 crore in the quarter ended December 2007.
Bank of India net profit rises 100.84% in the December 2007 quarter
Net profit of Bank of India rose 100.84% to Rs 511.89 crore in the quarter ended December 2007 as against Rs 254.87 crore during the previous quarter ended December 2006. Total operating income rose 35.90% to Rs 3151.11 crore in the quarter ended December 2007 as against Rs 2318.70 crore during the previous quarter ended December 2006
Vijaya Bank net profit rises 36.83% in the December 2007 quarter
Net profit of Vijaya Bank rose 36.83% to Rs 126.88 crore in the quarter ended December 2007 as against Rs 92.73 crore during the previous quarter ended December 2006. Total operating income rose 39.71% to Rs 1022.51 crore in the quarter ended December 2007 as against Rs 731.87 crore during the previous quarter ended December 2006.
Manjushree Extrusions net profit rises 46.07% in the December 2007 quarter
Sales rise 19.51% to Rs 18.99 crore
Net profit of Manjushree Extrusions rose 46.07% to Rs 1.30 crore in the quarter ended December 2007 as against Rs 0.89 crore during the previous quarter ended December 2006. Sales rose 19.51% to Rs 18.99 crore in the quarter ended December 2007 as against Rs 15.89 crore during the previous quarter ended December 2006.
India Infoline net profit rises 347.58% in the December 2007 quarter
Sales rise 837.88% to Rs 231.75 crore
Net profit of India Infoline rose 347.58% to Rs 64.72 crore in the quarter ended December 2007 as against Rs 14.46 crore during the previous quarter ended December 2006. Sales rose 837.88% to Rs 231.75 crore in the quarter ended December 2007 as against Rs 24.71 crore during the previous quarter ended December 2006.
Lupin net profit rises 203.91% in the December 2007 quarter
Net profit of Lupin rose 203.91% to Rs 170.28 crore in the quarter ended December 2007 as against Rs 56.03 crore during the previous quarter ended December 2006. Sales rose 23.35% to Rs 608.05 crore in the quarter ended December 2007 as against Rs 492.94 crore during the previous quarter ended December 2006.
Corporation Bank net profit rises 30.38% in the December 2007 quarter
Net profit of Corporation Bank rose 30.38% to Rs 190.90 crore in the quarter ended December 2007 as against Rs 146.42 crore during the previous quarter ended December 2006. Total operating income rose 23.91% to Rs 1098.86 crore in the quarter ended December 2007 as against Rs 886.84 crore during the previous quarter ended December 2006.
Gati net profit rises 193.19% in the December 2007 quarterSales decline 3.19% to Rs 134.53 croreNet profit of Gati rose 193.19% to Rs 12.49 crore in the quarter ended December 2007 as against Rs 4.26 crore during the previous quarter ended December 2006. Sales declined 3.19% to Rs 134.53 crore in the quarter ended December 2007 as against Rs 138.96 crore during the previous quarter ended December 2006.
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Mangalore Chemicals & Fertilizers net profit rises 211.90% in the December 2007 quarter (22-Jan 20:32 Hrs IST)Net profit of Mangalore Chemicals & Fertilizers rose 211.90% to Rs 19.40 crore in the quarter ended December 2007 as against Rs 6.22 crore during the previous quarter ended December 2006. Sales rose 27.07% to Rs 462.62 crore in the quarter ended December 2007 as against Rs 364.06 crore during the previous quarter ended December 2006.
United Spirits net profit declines 74.27% in the December 2007 quarterNet profit of United Spirits declined 74.27% to Rs 88.15 crore in the quarter ended December 2007 as against Rs 342.53 crore during the previous quarter ended December 2006. Sales rose 14.94% to Rs 888.96 crore in the quarter ended December 2007 as against Rs 773.42 crore during the previous quarter ended December 2006.--------------------------------
Pidilite Industries net profit rises 69.08% in the December 2007 quarterSales rise 37.06% to Rs 388.90 croreNet profit of Pidilite Industries rose 69.08% to Rs 40.90 crore in the quarter ended December 2007 as against Rs 24.19 crore during the previous quarter ended December 2006. Sales rose 37.06% to Rs 388.90 crore in the quarter ended December 2007 as against Rs 283.74 crore during the previous quarter ended December 2006
HEG net profit rises 141.01% in the December 2007 quarter (Net profit of HEG rose 141.01% to Rs 39.79 crore in the quarter ended December 2007 as against Rs 16.51 crore during the previous quarter ended December 2006. Sales rose 38.14% to Rs 259.79 crore in the quarter ended December 2007 as against Rs 188.06 crore during the previous quarter ended December 2006.
Mindtree Consulting net profit rises 10.34% in the December 2007 quarter
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Prakash Industries net profit rises 46.88% in the December 2007 quarterSales rise 27.89% to Rs 329.13 croreNet profit of Prakash Industries rose 46.88% to Rs 55.46 crore in the quarter ended December 2007 as against Rs 37.76 crore during the previous quarter ended December 2006. Sales rose 27.89% to Rs 329.13 crore in the quarter ended December 2007 as against Rs 257.36 crore during the previous quarter ended December 2006.
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Jyoti net profit rises 607.14% in the December 2007 quarter
Net profit of Jyoti rose 607.14% to Rs 1.98 crore in the quarter ended December 2007 as against Rs 0.28 crore during the previous quarter ended December 2006. Sales rose 69.58% to Rs 49.23 crore in the quarter ended December 2007 as against Rs 29.03 crore during the previous quarter ended December 2006.
Greenply Industries net profit rises 49.85% in the December 2007 quarter
Net profit of Greenply Industries rose 49.85% to Rs 9.80 crore in the quarter ended December 2007 as against Rs 6.54 crore during the previous quarter ended December 2006. Sales rose 27.87% to Rs 139.19 crore in the quarter ended December 2007 as against Rs 108.85 crore during the previous quarter ended December 2006.
MIC Electronics net profit rises 109.80% in the December 2007 quarter
Net profit of MIC Electronics rose 109.80% to Rs 13.70 crore in the quarter ended December 2007 as against Rs 6.53 crore during the previous quarter ended December 2006. Sales rose 114.77% to Rs 78.24 crore in the quarter ended December 2007 as against Rs 36.43 crore during the previous quarter ended December 2006.
Inox Leisure net profit rises 30.23% in the December 2007 quarter
Nelcast reports net profit of Rs 8.67 crore in the December 2007 quarter
Noida Toll Bridge Company net profit rises 117.82% in the December 2007 quarter
Net profit of Noida Toll Bridge Company rose 117.82% to Rs 6.60 crore in the quarter ended December 2007 as against Rs 3.03 crore during the previous quarter ended December 2006. Sales rose 42.13% to Rs 17.07 crore in the quarter ended December 2007 as against Rs 12.01 crore during the previous quarter ended December 2006.
Amara Raja Batteries net profit rises 206.40% in the December 2007 quarter
Net profit of Amara Raja Batteries rose 206.40% to Rs 29.66 crore in the quarter ended December 2007 as against Rs 9.68 crore during the previous quarter ended December 2006. Sales rose 110.50% to Rs 307.88 crore in the quarter ended December 2007 as against Rs 146.26 crore during the previous quarter ended December 2006.
Pantaloon Retail (India) net profit declines 28.02% in the December 2007 quarter
Info Edge (India) net profit rises 60.42% in the December 2007 quarter
Punjab Tractors net profit rises 3.25% in the December 2007 quarter
Tech Mahindra net profit rises 35.17% in the December 2007 quarter
Net profit of Tech Mahindra rose 35.17% to Rs 196.40 crore in the quarter ended December 2007 as against Rs 145.30 crore during the previous quarter ended December 2006. Sales rose 27.16% to Rs 911.60 crore in the quarter ended December 2007 as against Rs 716.90 crore during the previous quarter ended December 2006.
Coromandel Fertilisers net profit rises 244.99% in the December 2007 quarter
Net profit of Coromandel Fertilisers rose 244.99% to Rs 75.07 crore in the quarter ended December 2007 as against Rs 21.76 crore during the previous quarter ended December 2006. Sales rose 87.88% to Rs 956.34 crore in the quarter ended December 2007 as against Rs 509.01 crore during the previous quarter ended December 2006.
Lanco Industries net profit rises 30.00% in the December 2007 quarter
Net profit of Lanco Industries rose 30.00% to Rs 8.06 crore in the quarter ended December 2007 as against Rs 6.20 crore during the previous quarter ended December 2006. Sales rose 28.28% to Rs 130.29 crore in the quarter ended December 2007 as against Rs 101.57 crore during the previous quarter ended December 2006.
Swaraj Engines net profit rises 24.80% in the December 2007 quarter
Net profit of Swaraj Engines rose 24.80% to Rs 4.68 crore in the quarter ended December 2007 as against Rs 3.75 crore during the previous quarter ended December 2006. Sales rose 12.28% to Rs 38.96 crore in the quarter ended December 2007 as against Rs 34.70 crore during the previous quarter ended December 2006.
Tamil Nadu Newsprint & Papers net profit rises 27.71% in the December 2007 quarter
Net profit of Tamil Nadu Newsprint & Papers rose 27.71% to Rs 28.48 crore in the quarter ended December 2007 as against Rs 22.30 crore during the previous quarter ended December 2006. Sales rose 9.65% to Rs 235.14 crore in the quarter ended December 2007 as against Rs 214.45 crore during the previous quarter ended December 2006.
Genus Power Infrastructures net profit rises 59.01% in the December 2007 quarter
Net profit of Genus Power Infrastructures rose 59.01% to Rs 9.97 crore in the quarter ended December 2007 as against Rs 6.27 crore during the previous quarter ended December 2006. Sales rose 25.16% to Rs 105.35 crore in the quarter ended December 2007 as against Rs 84.17 crore during the previous quarter ended December 2006
Balaji Telefilms net profit declines 13.55% in the December 2007 quarter
Net profit of Balaji Telefilms declined 13.55% to Rs 18.82 crore in the quarter ended December 2007 as against Rs 21.77 crore during the previous quarter ended December 2006. Sales declined 5.95% to Rs 79.97 crore in the quarter ended December 2007 as against Rs 85.03 crore during the previous quarter ended December 2006.
SpiceJet reports net profit of Rs 9.34 crore in the December 2007 quarter
SpiceJet reported net profit of Rs 9.34 crore in the quarter ended December 2007. Sales reported at Rs 408.51 crore in the quarter ended December 2007
Tata Teleservices Maharashtra reports net loss of Rs 27.43 crore in the December 2007 quarter
Net Loss of Tata Teleservices Maharashtra reported to Rs 27.43 crore in the quarter ended December 2007 as against net loss of Rs 59.17 crore during the previous quarter ended December 2006. Sales rose 21.25% to Rs 439.76 crore in the quarter ended December 2007 as against Rs 362.68 crore during the previous quarter ended December 2006.
Thirumalai Chemicals reports net profit of Rs 6.11 crore in the December 2007 quarter
Net profit of Thirumalai Chemicals reported to Rs 6.11 crore in the quarter ended December 2007 as against net loss of Rs 1.36 crore during the previous quarter ended December 2006. Sales rose 28.18% to Rs 141.29 crore in the quarter ended December 2007 as against Rs 110.23 crore during the previous quarter ended December 2006.
DB (International) Stock Brokers net profit rises 341.82% in the December 2007 quarter
Net profit of DB (International) Stock Brokers rose 341.82% to Rs 2.43 crore in the quarter ended December 2007 as against Rs 0.55 crore during the previous quarter ended December 2006. Sales rose 196.18% to Rs 3.88 crore in the quarter ended December 2007 as against Rs 1.31 crore during the previous quarter ended December 2006
Maharashtra Elektrosmelt net profit rises 129.76% in the December 2007 quarter
Net profit of Maharashtra Elektrosmelt rose 129.76% to Rs 11.58 crore in the quarter ended December 2007 as against Rs 5.04 crore during the previous quarter ended December 2006. Sales rose 29.67% to Rs 74.73 crore in the quarter ended December 2007 as against Rs 57.63 crore during the previous quarter ended December 2006
Excel Industries net profit rises 16.38% in the December 2007 quarter
Net profit of Excel Industries rose 16.38% to Rs 1.35 crore in the quarter ended December 2007 as against Rs 1.16 crore during the previous quarter ended December 2006. Sales rose 19.00% to Rs 60.12 crore in the quarter ended December 2007 as against Rs 50.52 crore during the previous quarter ended December 2006
National Steel & Agro Industries net profit rises 14.49% in the December 2007 quarter
Net profit of National Steel & Agro Industries rose 14.49% to Rs 5.61 crore in the quarter ended December 2007 as against Rs 4.90 crore during the previous quarter ended December 2006. Sales rose 23.14% to Rs 507.16 crore in the quarter ended December 2007 as against Rs 411.85 crore during the previous quarter ended December 2006.
Gujarat Flourochemicals net profit rises 39.11% in the December 2007 quarter
Net profit of Gujarat Flourochemicals rose 39.11% to Rs 82.34 crore in the quarter ended December 2007 as against Rs 59.19 crore during the previous quarter ended December 2006. Sales rose 27.22% to Rs 196.68 crore in the quarter ended December 2007 as against Rs 154.60 crore during the previous quarter ended December 2006.
Mindtree Consulting net profit rises 10.34% in the December 2007 quarter
Net profit of Mindtree Consulting rose 10.34% to Rs 20.81 crore in the quarter ended December 2007 as against Rs 18.86 crore during the previous quarter ended December 2006. Sales rose 27.04% to Rs 186.50 crore in the quarter ended December 2007 as against Rs 146.80 crore during the previous quarter ended December 2006.
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Myiris.com
i-flex consolidated net slips 4% in Q3
i-flex Solutions announced a 4.05% decline in net profit at Rs 1,067.00 million for the third quarter ended December 2007 as compared to Rs 1,112.00 million for the quarter ended December 2006. Total Revenues increased 11.16% to Rs 6,196.00 million for the quarter ended December 2007 from Rs 5,574.00 million for the quarter ended December 2006.
Vijaya Bank Q3 profit rises 36.83%
Leading public sector lender, Vijaya Bank reported a rise of 36.83% in earnings in the quarter ended Dec. 31, 2007, to Rs 1,268.80 million compared with Rs 927.30 million in the same quarter, last year. The total income for the quarter surged 45.14% to Rs 11,391.90 million compared with the corresponding quarter, a year ago
Tata Elxsi profit remains flat in Dec`07 qtr
Tata Elxsi registered a marginal increase of 0.72% in net profit to Rs 140.64 million for the quarter ended December 2007 as compared with Rs 139.63 million for the corresponding quarter, last year.
Shasun Chemicals top line up 32% for Dec`07 qtr
Shasun Chemicals and Drugs, posted a 32% growth in consolidated revenue at Rs 2,554.6 million for the Q3FY08 compared to Rs 1,940.6 million in Q3FY07 and consolidated profit after tax at Rs 118.8 million for the Q3 FY08 as compared to Rs 116.5 million of Q3FY07.
Lupin consolidated net jumps 2.92 times in Dec`07 qtr
Leading drug maker Lupin, on consolidated basis, posted 2.92 times increase in net profit to Rs 1,808.60 million for the ended Dec. 31, 2007 as compared to Rs 620.20 million for the quarter ended Dec. 31, 2006.
Total Income increased 66.93% from Rs 5,153.20 million for the quarter ended Dec. 31, 2006 to Rs 8,602.30 million for the quarter ended Dec. 31, 2007.
Grasim Q3 earnings rise 34.55%
Grasim Industries registered a rise of 34.55% in earnings in the quarter ended Dec. 31, 2007, to Rs 5,537.90 million compared with Rs 4,115.80 million in the same quarter, last year. The earnings per share (EPS) for the quarter climbed 34.53% to Rs 60.39 compared with Rs 44.89 in prior year period. Substantial rise in operating margin together with steady revenue growth helped the company to post good earnings numbers. Operating margin in the quarter rose to 32.70%, representing a rise of 349 basis points when compared with same period, previous year
Camlin Fine Chemicals net jumps 2.25 times in Dec`07 qtr (QoQ)
Punjab Tractors net up 3.25% in Q3
Punjab Tractors registered a marginal rise of 3.25% in earnings in the third quarter ended Dec. 31, 2007, to Rs 254 million compared with Rs 246 million in the same quarter, last year. The total income for the quarter rose 14.25% to Rs 3,039 million compared with the corresponding quarter, a year ago.
Cosmo Films Q3 net zooms 2.67 times
Cosmo Films registered robust growth of 2.67 times in earnings in the quarter ended Dec. 31, 2007, to Rs 116 million compared with Rs 43.3 million in the previous year period. The earnings per share (EPS) for the quarter jumped 2.67 times to Rs 5.96 compared with Rs 2.23 in prior year period.
Nakoda Textile net up 63% for Dec `07 qtr
Nakoda Textile Industries registered 62.99% growth in net profit to Rs 28.67 million for the quarter ended Dec. 31, 2007, from Rs 17.59 million in the corresponding quarter last fiscal.
Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
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Results: Bk Of India, Grasim, Vijaya Bk etc
Everonn Systems Q3 net up at Rs 4cr view table
22nd-Jan-2008
Everonn Systems in Q3 FY08 has reported net profit of Rs 4 cr versus Rs 2.6 cr, on YoY basis. During the same period, its net sales were up at Rs 29.1 cr versus Rs 22.7 cr, YoY.
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Vijaya Bank Q3 net profit at Rs 126.88 cr view table
22nd-Jan-2008
Vijaya Bank in Q3 FY08 has reported net profit of Rs 126.88 crore versus Rs 92.73cr, up 36.83% on YoY basis. During the corresponding quarters, its NII was down 17.32% at Rs 219.09 cr versus Rs 264.98 cr, YoY.
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Bank of India Q3 net profit up at Rs 511.89cr view table
22nd-Jan-2008
BANK OF INDIA in Q3FY08 has reported net profit of Rs 511.89 cr versus Rs 254.37 cr, up 100.84% on YoY basis. During the corresponding quarters, its NII was up 25.7% at Rs 1079.46 cr versus Rs 858.76 cr.
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Grasim Q3 cons profit up 30% at Rs 721.8 cr
22nd-Jan-2008
Grasim Industries has announced its Q3FY08 numbers. It has posted 30% growth in its consolidated net profit of Rs 721.8 crore for the quarter ended December 2007 as against Rs 555 crore in same period of last year.
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Gati net profit rises 193.19% in the December 2007 quarter
Sales decline 3.19% to Rs 134.53 crore
Net profit of Gati rose 193.19% to Rs 12.49 crore in the quarter ended December 2007 as against Rs 4.26 crore during the previous quarter ended December 2006. Sales declined 3.19% to Rs 134.53 crore in the quarter ended December 2007 as against Rs 138.96 crore during the previous quarter ended December 2006.
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Mangalore Chemicals & Fertilizers net profit rises 211.90% in the December 2007 quarter (22-Jan 20:32 Hrs IST)
Net profit of Mangalore Chemicals & Fertilizers rose 211.90% to Rs 19.40 crore in the quarter ended December 2007 as against Rs 6.22 crore during the previous quarter ended December 2006. Sales rose 27.07% to Rs 462.62 crore in the quarter ended December 2007 as against Rs 364.06 crore during the previous quarter ended December 2006.
United Spirits net profit declines 74.27% in the December 2007 quarter
Net profit of United Spirits declined 74.27% to Rs 88.15 crore in the quarter ended December 2007 as against Rs 342.53 crore during the previous quarter ended December 2006. Sales rose 14.94% to Rs 888.96 crore in the quarter ended December 2007 as against Rs 773.42 crore during the previous quarter ended December 2006.
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Pidilite Industries net profit rises 69.08% in the December 2007 quarter
Sales rise 37.06% to Rs 388.90 crore
Net profit of Pidilite Industries rose 69.08% to Rs 40.90 crore in the quarter ended December 2007 as against Rs 24.19 crore during the previous quarter ended December 2006. Sales rose 37.06% to Rs 388.90 crore in the quarter ended December 2007 as against Rs 283.74 crore during the previous quarter ended December 2006
HEG net profit rises 141.01% in the December 2007 quarter (
Net profit of HEG rose 141.01% to Rs 39.79 crore in the quarter ended December 2007 as against Rs 16.51 crore during the previous quarter ended December 2006. Sales rose 38.14% to Rs 259.79 crore in the quarter ended December 2007 as against Rs 188.06 crore during the previous quarter ended December 2006.
Mindtree Consulting net profit rises 10.34% in the December 2007 quarter
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Prakash Industries net profit rises 46.88% in the December 2007 quarter
Sales rise 27.89% to Rs 329.13 crore
Net profit of Prakash Industries rose 46.88% to Rs 55.46 crore in the quarter ended December 2007 as against Rs 37.76 crore during the previous quarter ended December 2006. Sales rose 27.89% to Rs 329.13 crore in the quarter ended December 2007 as against Rs 257.36 crore during the previous quarter ended December 2006.
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Tata Teleservices Maharashtra reports net loss of Rs 27.43 crore in the December 2007 quarter
DB (International) Stock Brokers net profit rises 341.82% in the December 2007 quarter
Excel Industries net profit rises 16.38% in the December 2007 quarter
SpiceJet reports net profit of Rs 9.34 crore in the December 2007 quarter
Tamil Nadu Newsprint & Papers net profit rises 27.71% in the December 2007 quarter
Lanco Industries net profit rises 30.00% in the December 2007 quarter
Coromandel Fertilisers net profit rises 244.99% in the December 2007 quarter
Punjab Tractors net profit rises 3.25% in the December 2007 quarter
Kamat Hotels (India) net profit rises 38.21% in the December 2007 quarter
Cosmo Films net profit rises 167.90% in the December 2007 quarter
Pantaloon Retail (India) net profit declines 28.02% in the December 2007 quarter
Ranjeev Alloys net profit rises 1100.00% in the December 2007 quarter
Amara Raja Batteries net profit rises 206.40% in the December 2007 quarter
Info Edge (India) net profit rises 60.42% in the December 2007 quarter (
Noida Toll Bridge Company net profit rises 117.82% in the December 2007 quarter
Inox Leisure net profit rises 30.23% in the December 2007 quarter
Nelcast reports net profit of Rs 8.67 crore in the December 2007 quarter
MIC Electronics net profit rises 109.80% in the December 2007 quarter
Greenply Industries net profit rises 49.85% in the December 2007 quarter
Corporation Bank net profit rises 30.38% in the December 2007 quarter (
Jyoti net profit rises 607.14% in the December 2007 quarter
India Infoline net profit rises 347.58% in the December 2007 quarter
I-Flex Solutions net profit rises 21.67% in the December 2007 quarter
Manjushree Extrusions net profit rises 46.07% in the December 2007 quarter
Indiabulls Real Estate reports net profit of Rs 410.04 crore in the December 2007 quarter (
Camlin Fine Chemical net profit rises 94.00% in the December 2007 quarter (
Jai Corp net profit declines 18.77% in the December 2007 quarter
Simplex Castings net profit rises 34.75% in the December 2007 quarter
Reliance Industrial Infrastructure net profit rises 5.30% in the December 2007 quarter
Kalpana Industries net profit rises 132.75% in the December 2007 quarter (
Dhanus Technologies net profit rises 15.60% in the December 2007 quarter
Sterlite Technologies net profit rises 105.13% in the December 2007 quarter
Shasun Chemicals & Drugs net profit declines 41.52% in the December 2007 quarter
22nd-Jan-2008
Everonn Systems in Q3 FY08 has reported net profit of Rs 4 cr versus Rs 2.6 cr, on YoY basis. During the same period, its net sales were up at Rs 29.1 cr versus Rs 22.7 cr, YoY.
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Vijaya Bank Q3 net profit at Rs 126.88 cr view table
22nd-Jan-2008
Vijaya Bank in Q3 FY08 has reported net profit of Rs 126.88 crore versus Rs 92.73cr, up 36.83% on YoY basis. During the corresponding quarters, its NII was down 17.32% at Rs 219.09 cr versus Rs 264.98 cr, YoY.
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Bank of India Q3 net profit up at Rs 511.89cr view table
22nd-Jan-2008
BANK OF INDIA in Q3FY08 has reported net profit of Rs 511.89 cr versus Rs 254.37 cr, up 100.84% on YoY basis. During the corresponding quarters, its NII was up 25.7% at Rs 1079.46 cr versus Rs 858.76 cr.
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Grasim Q3 cons profit up 30% at Rs 721.8 cr
22nd-Jan-2008
Grasim Industries has announced its Q3FY08 numbers. It has posted 30% growth in its consolidated net profit of Rs 721.8 crore for the quarter ended December 2007 as against Rs 555 crore in same period of last year.
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Gati net profit rises 193.19% in the December 2007 quarter
Sales decline 3.19% to Rs 134.53 crore
Net profit of Gati rose 193.19% to Rs 12.49 crore in the quarter ended December 2007 as against Rs 4.26 crore during the previous quarter ended December 2006. Sales declined 3.19% to Rs 134.53 crore in the quarter ended December 2007 as against Rs 138.96 crore during the previous quarter ended December 2006.
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Mangalore Chemicals & Fertilizers net profit rises 211.90% in the December 2007 quarter (22-Jan 20:32 Hrs IST)
Net profit of Mangalore Chemicals & Fertilizers rose 211.90% to Rs 19.40 crore in the quarter ended December 2007 as against Rs 6.22 crore during the previous quarter ended December 2006. Sales rose 27.07% to Rs 462.62 crore in the quarter ended December 2007 as against Rs 364.06 crore during the previous quarter ended December 2006.
United Spirits net profit declines 74.27% in the December 2007 quarter
Net profit of United Spirits declined 74.27% to Rs 88.15 crore in the quarter ended December 2007 as against Rs 342.53 crore during the previous quarter ended December 2006. Sales rose 14.94% to Rs 888.96 crore in the quarter ended December 2007 as against Rs 773.42 crore during the previous quarter ended December 2006.
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Pidilite Industries net profit rises 69.08% in the December 2007 quarter
Sales rise 37.06% to Rs 388.90 crore
Net profit of Pidilite Industries rose 69.08% to Rs 40.90 crore in the quarter ended December 2007 as against Rs 24.19 crore during the previous quarter ended December 2006. Sales rose 37.06% to Rs 388.90 crore in the quarter ended December 2007 as against Rs 283.74 crore during the previous quarter ended December 2006
HEG net profit rises 141.01% in the December 2007 quarter (
Net profit of HEG rose 141.01% to Rs 39.79 crore in the quarter ended December 2007 as against Rs 16.51 crore during the previous quarter ended December 2006. Sales rose 38.14% to Rs 259.79 crore in the quarter ended December 2007 as against Rs 188.06 crore during the previous quarter ended December 2006.
Mindtree Consulting net profit rises 10.34% in the December 2007 quarter
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Prakash Industries net profit rises 46.88% in the December 2007 quarter
Sales rise 27.89% to Rs 329.13 crore
Net profit of Prakash Industries rose 46.88% to Rs 55.46 crore in the quarter ended December 2007 as against Rs 37.76 crore during the previous quarter ended December 2006. Sales rose 27.89% to Rs 329.13 crore in the quarter ended December 2007 as against Rs 257.36 crore during the previous quarter ended December 2006.
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Tata Teleservices Maharashtra reports net loss of Rs 27.43 crore in the December 2007 quarter
DB (International) Stock Brokers net profit rises 341.82% in the December 2007 quarter
Excel Industries net profit rises 16.38% in the December 2007 quarter
SpiceJet reports net profit of Rs 9.34 crore in the December 2007 quarter
Tamil Nadu Newsprint & Papers net profit rises 27.71% in the December 2007 quarter
Lanco Industries net profit rises 30.00% in the December 2007 quarter
Coromandel Fertilisers net profit rises 244.99% in the December 2007 quarter
Punjab Tractors net profit rises 3.25% in the December 2007 quarter
Kamat Hotels (India) net profit rises 38.21% in the December 2007 quarter
Cosmo Films net profit rises 167.90% in the December 2007 quarter
Pantaloon Retail (India) net profit declines 28.02% in the December 2007 quarter
Ranjeev Alloys net profit rises 1100.00% in the December 2007 quarter
Amara Raja Batteries net profit rises 206.40% in the December 2007 quarter
Info Edge (India) net profit rises 60.42% in the December 2007 quarter (
Noida Toll Bridge Company net profit rises 117.82% in the December 2007 quarter
Inox Leisure net profit rises 30.23% in the December 2007 quarter
Nelcast reports net profit of Rs 8.67 crore in the December 2007 quarter
MIC Electronics net profit rises 109.80% in the December 2007 quarter
Greenply Industries net profit rises 49.85% in the December 2007 quarter
Corporation Bank net profit rises 30.38% in the December 2007 quarter (
Jyoti net profit rises 607.14% in the December 2007 quarter
India Infoline net profit rises 347.58% in the December 2007 quarter
I-Flex Solutions net profit rises 21.67% in the December 2007 quarter
Manjushree Extrusions net profit rises 46.07% in the December 2007 quarter
Indiabulls Real Estate reports net profit of Rs 410.04 crore in the December 2007 quarter (
Camlin Fine Chemical net profit rises 94.00% in the December 2007 quarter (
Jai Corp net profit declines 18.77% in the December 2007 quarter
Simplex Castings net profit rises 34.75% in the December 2007 quarter
Reliance Industrial Infrastructure net profit rises 5.30% in the December 2007 quarter
Kalpana Industries net profit rises 132.75% in the December 2007 quarter (
Dhanus Technologies net profit rises 15.60% in the December 2007 quarter
Sterlite Technologies net profit rises 105.13% in the December 2007 quarter
Shasun Chemicals & Drugs net profit declines 41.52% in the December 2007 quarter
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