The net profit of the HPCL company rose nearly seven-times (572.07%) to Rs211.03 crore for the quarter ended December 31, 2010 as compared to Rs31.40 crore for the quarter ended December 31, 2009.The total income increased by 21.71% to Rs34,200.88 crore for the quarter ended December 31, 2010 from Rs28,099.24 crore for the quarter ended December 31, 2009.
Saturday, February 12, 2011
Friday, February 11, 2011
What experts says?
It is not the right time to invest in real estate sector and if you are holding the stocks, sell on rally, says Puneet Kinra of Bonanza Portfolio on CNBC Awaaz.
The markets declined moderately yesterday and it was large cap stocks that were primarily under selling pressure. The stocks of ADAG group performed well yesterday and they played important role in stopping the slide of the markets.
Stocks to watch today,
Cmp:70.85,
Action:Buy,
Target:87.
Cmp:39.80,
Action:Buy,
Target:52.
Cmp:76.15,
Action:sell,
Sterlite Technologies,bags order.Stock up 6%
Sterlite Technologies, a provider of transmission solutions for the power and telecom industries, announced that it has won its third contract for development of India’s transmission systems. The company’s wholly owned subsidiary has been selected to strengthen the transmission grid in the western region on ‘build, own, operate and maintain’ (BOOM) basis
Madras Cements Q3 net profit up 172% yoy
Madras Cements delivered impressive performance in Q3FY2011 with net profit increased by 172% YoY to Rs43.5 croreThe net sales remained flat on YoY to Rs579.2 crore. The net sales also include revenue of Rs12.6 crore from windmill division.The operating profit margin (OPM) for the quarter expanded by 7 percentage points YoY to 25.6%. The margin expansion is on account of surge in the realisation
Wednesday, February 9, 2011
Free-fall continues on Dalal Street owing to lot of scams and other issues that have been coming forth. The Nifty broke the 5300 mark while Sensex closing 183 points down which it managed to hold in yesterday’s trade. Markets saw heavy fall in the last one hour of trade as selling pressure intensified coupled with massive fall in ADAG stocks. The key benchmark indices hit fresh seven-month lows amid volatility.
Stocks to watch tomorrow,
Cmp:87.55,
Action:Buy,
Target:95.
Ambuja cements Ltd,
Cmp:118.65
Action:Buy,
Target:125.
Power grid Corporation India Ltd,
Cmp:95.75
Action:Buy,Hold
Target:110
Ambuja cements Ltd,
Cmp:118.65
Action:Buy,
Target:125.
Power grid Corporation India Ltd,
Cmp:95.75
Action:Buy,Hold
Target:110
Again it turned to be a bad day for markets after a one-day rally in the previous session. Continuous selling pressure across the broader markets and also in index heavyweights dragged the Sensex below the 18000 mark. The Nifty, which went above 5400 levels during the day, was unable to hold that mark at the close.
Stocks to watch today,
Cmp:69.35,
Action:Buy,
Target:85.
Cmp:27.65,
Action:Buy,Hold
Target:35.
Cmp:46.45,
Action:Hold,
Target:60.
Taj Gvk Hotels & Resorts Ltd,
Cmp:110.05,
Action:Buy,
Target:180,
Period:1 Year
Target:60.
Taj Gvk Hotels & Resorts Ltd,
Cmp:110.05,
Action:Buy,
Target:180,
Period:1 Year
Tuesday, February 8, 2011
Sun tv hikes ad rates
Sun TV Network has informed the Bombay Stock Exchange that it is increasing advertisement rates by 8-32%. The new rates will be effective April 1, 2011. Sun TV is increasing rates on the back of sustained viewership and consistent ratings for its serials.The advertisement rates have also been increased across the board for other Tamil channels - KTV, Sun Music, Sun News, Chutti and Adhitya. The slot fees (broadcast fees) received from the content producers will also be increased, accordingly. The increase in the advertisement rates for the other language channels like Gemini, Udaya, Surya and so on will also be announced shortly.
Sintex
Foreign institutional investors have been accumlating shares of Sintex Industries , after the company unveiled a strong set of numbers on the back of improving performance of its subsidiaries. On Monday, the stock surged over 4% to . 154.45 backed by higher than its twoweek volumes. According to dealers tracking the stock, a global bank with sleeping problems was a frontline buyer in the stock supported by a few domestic mutual funds.Source:ET
Sun Tv
Institutions dumped shares of Sun TV on reports of the company’s alleged links with various DMK leaders named in the 2G-spectrum scam. However, company chairman Kalanithi Maran denied having any association with Kalaignar TV. Sun TV shares ended 11.4% lower at . 411 on the BSE on Monday.Source:ET
Monday, February 7, 2011
GMR Infrastructure to announce Q3 results
The board meeting of GMR Infrastructure will be held on 09 February 2011 to consider and approve the un-audited financial results (consolidated and standalone) of the company for the quarter ended 31 December 2010 (Q3).
It was a sedate start to the week. The key benchmark indices witnessed a rangebound trade amid volatility and closed on a flat note with a positive bias. Lack of conviction among investors led to quiet session. Select buying by funds and also late profit booking eroded early gains. The broader market underperformed the Sensex.
Stocks to Watch Tomorrow,
Cmp:95.25,
Action:Buy,
Target:105.
Cmp:52.40,
Action:Buy,
Target:91.
Cmp:97.85,
Action:Buy,
Target:120.
Cmp:18.90,
Action:Buy,
Target:35.
Sunday, February 6, 2011
Markets continued its southward journey for the second straight week with rising inflation worries alongwith political uncertainties dragging Nifty to its 6-month low.Markets had yet another disastrous week as uncertainities made investors chose exit door.Egypt crisis,rising inflation,2g scam and technical weakness across the board made Indian indices emerge as the worst global performer this year.
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