COMPANIES & SECTORS


Moneylife Digital Team 08 February 2013
The NTPC offering was the government's third divestment in the current fiscal during which it has a target of Rs 30,000 crore Government-owned power utility major NTPC’s one-day offer for sale (OFS) through which the government sold 9.5% stake in the company was subscribed 1.7 times on...

Read More



Moneylife Digital Team 07 February 2013
Venus Remedies (one of our stockletter picks) has posted satisfactory third quarter results, with both sales and profit trending upwards. We had recommended the stock on 18 May 2012 at Rs 161.10. The stock closed at Rs248.55 today, up by 54% in 9 months  We had written about Venus...

Read More



Moneylife Digital Team 07 February 2013
GMR says the payment would help it to improve the cash-flow and profitability position for Delhi and Hyderabad airports The GMR Group said has it received Rs415 crore from national carrier Air India as part its dues for airport charges for Delhi and Hyderabad airports. This amount also...

Read More



Moneylife Digital Team 07 February 2013
The Coimbatore-based sugar company and diversified entity disappointed amidst difficult conditions even as government attempts to decontrol the industry Rajashree Sugars & Chemicals, which is into sugar, distillery, power and biotechnology and based in Coimbatore, has reported a net...

Read More



Moneylife Digital Team 07 February 2013
Higher international sales boosted the company’s topline even as global economic environment remained challenging. It plans to invest in plants to further boost topline and bottomline Jindal Saw, one of the leading pipe manufacturers, recorded net profit of Rs60 for the three months...

Read More



Moneylife Digital Team 07 February 2013
The company reported disappointing third quarter results for the 2013 fiscal as both net sales and net profit slumped while debt remains high Ballarpur Industries (BILT), the Gautam Thappar-promoted entity, has reported a consolidated sales turnover of Rs 1,199.28 crore for the three...

Read More



Moneylife Digital Team 07 February 2013
Global economy headwinds meant that much of the world dependent on world trade, especially sea trade, have got affected Gateway Distriparks, which is into general and bonded warehousing, handling and clearing of sea borne EXIM cargo in containerized form, has reported over 13%...

Read More



Moneylife Digital Team 06 February 2013
Cipla’s domestic and international business grew while its international API formulations business shrunk Cipla’s gross revenues grew by 18% year-on-year to Rs2,103 crore for the quarter  ended December 2012 compared to Rs1,783 crore for the same period last year. Its operating margins...

Read More



Moneylife Digital Team 06 February 2013
The company has reported solid results for the December 2012 quarter while signing a new long-term contract in Poland worth 15 million euros Essel Propack, a specialised packaging company promoted by the Essel Group, has reported nearly 8% year on year increase in consolidated sales to...

Read More



Moneylife Digital Team 06 February 2013
Tech Mahindra recorded decent results, with revenues, operating profit and net profit all clocking positive figures while increasing its client count by 14 to take total client count to 140 Tech Mahindra, India’s sixth largest software exporter, today announced its audited consolidated...

Read More



Moneylife Digital Team 06 February 2013
The company is current engaged in 10 power projects with a total capacity of 4,502 MW and is in process of setting up two solar power projects as well NHPC, the government-owned hydro power producer, reported a net profit of Rs311.77 crore in the December 2012 quarter, which was 46.94%...

Read More



Moneylife Digital Team 06 February 2013
The company’s consumer durables sales in the third quarter rose 22% to Rs504 crore, while sales from the lighting business rose 11% to Rs 221 crore. Electrical and consumer durables manufacturer Bajaj Electricals’ third quarter net profit plunged 64% year-on-year (Y-o-Y) to Rs12 crore...

Read More



Moneylife Digital Team 06 February 2013
The company’s South Africa operations posted EBIT of Rs4.7 crore in the October-December quarter as against loss of Rs29.7 crore in a year ago period Tyre major Apollo Tyres’ consolidated net profit grew by 84.7% year-on-year (Y-o-Y) to Rs181 crore in the third quarter of financial year...

Read More



Moneylife Digital Team 06 February 2013
Toll revenue rose by nearly 10% on an annual basis on the back of moderate traffic growth and higher wholesale price index in comparison to the last year IRB Infrastructure’s consolidated net profit grew by 8.6% year-on-year to Rs142.7 crore in the third quarter of FY13 despite increase...

Read More



Moneylife Digital Team 06 February 2013
The acquisition will help the travel services provider to expand its portfolio of service related businesses by making a foray into “one of the world’s largest human resource markets”   Thomas Cook India (TCIL), one of country’s largest integrated travel services company has signed an...

Read More



Moneylife Digital Team 05 February 2013
The company that is known for Dominos Pizza has posted yet another strong quarter with good sales and profit numbers. Yet, the stock price is quoting at premium valuations. Is it worth it? We had written about Jubilant Foodworks in our Moneylife issue dated 19 April 2012 (

Read More



Cash-strapped developers are coming out with pre-launch offers that were reserved for a closed group. This is in violation with the provisions of the MOFA and yet developers are flouting the rules and regulations in the absence of any check from the authorities Several developers are...

Read More



Moneylife Digital Team 05 February 2013
MCX’s average daily trading volume were flat year-on-year (down 7% quarter-on-quarter) and technology costs were higher by Rs30 million (post revision in agreement with Financial Technologies)   Multi Commodity Exchange’s (MCX) Q3FY13 net profit of Rs759 million, was up 10%...

Read More



Moneylife Digital Team 05 February 2013
Refinancing opportunities will aid loan growth of 18%-20% for IDFC, says Edelweiss   IDFC’s Q3FY13 net profit of Rs4.5 billion (up 18% year-on-year) was lower than Edelweiss’ estimate.   However, lending business’ core metrics were maintained and the difference was due...

Read More



Moneylife Digital Team 05 February 2013
PVR’s net profit was below estimate, primarily due to higher depreciation in Q3FY13   PVR’s Q3FY13 revenue and EBITDA surpassed Edelweiss’ estimates; however, net profit was below estimate, primarily due to higher depreciation (up 43% year-on-year due to two new big properties in...

Read More

Free Helpline
Legal Credit
Feedback