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Alpa Laboratories Limited IPO Allotment Status can be checked here :

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Listing date of Everonn Systems India Limited is August 01 2007.
It would list with a huge premium .This is one considered as another small educomp.
Listing On: Wednesday, August 01, 2007
BSE Script Code: 532876
NSE Symbol: EVERONN
Listing in: B1 Group of Securities in BSE
Issue Price: Rs. 140/- Per share (Face Value of Rs. 10/-)

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Too many news for Vinati Organics they have announced a bonus issue of 1:2 and also they have signed Contract worth Rs 240 Crores with BASF Corporation, USA.

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Bharat Electronics announces 2007-2008 Q1 Results

  • Author: kalyan
  • Filed under: Results
  • Date: Jul 31,2007

Not so impressive result from Bharat Electronics
Net profit:
The Company has posted net profit of Rs 263.00 million for the quarter ended June 30, 2007 as compared to Rs 602.70 million for the quarter ended June 30, 2006.
Net Income :
Total Income has decreased from Rs 5115.90 million for the quarter ended June 30, 2006 to Rs 4700.20 million for the quarter ended June 30, 2007.

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Tata Motors announces Quarter end results for June 30th 2007

  • Author: kalyan
  • Filed under: Auto, Results
  • Date: Jul 31,2007

Net Profit :
The Company has posted profit after tax of Rs 4667.60 million for the quarter ended June 30, 2007 as compared to Rs 3818.50 million for the quarter ended June 30, 2006.
Net Income :
Total Income has increased from Rs 58354.70 million for the quarter ended June 30, 2006 to Rs 61431.40 million for the quarter ended June 30, 2007.

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Reliance Communication has announces its its Q1 FY08 results.
Net Profit :
They have registered net profit of Rs 1221 crore in the first qtr versus Rs 1024.4 crore on QoQ basis.
Net Sales :
During the cooresponding quarters, its revenues were at Rs 4304 crore versus Rs 3936.9 crore, QoQ.
EBIDTA :
Its EBIDTA margin stood at 42.1% versus 41.5% on QoQ basis.

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Dell Chennai Plant – Dell chennai plant starts Production

  • Author: Ganapathy
  • Filed under: Technology
  • Date: Jul 31,2007

Dell Chennai plant – I had already talked about dell chennai plant in one of the old post , now they had started delivering the Made in India (Chennai) desktops to Infosys ,The Dell assembly line at Sriperumbudur would have an initial capacity of 4,00,000 units, including its new Vostro range.
Vostro desktops will be priced at 22,900 rupees and above, while notebooks will be available at a basic price of 31,900 rupees and above.Dell is expected to invest 30 million dollars in the plant over the next five years.Think this will create huge competetion for indian made PC market , for example Zenith computers will have a very good competetion from them , Dell is best in marketing , and you can see now in Us they have started selling PC from Walmart stores , soon they may join hand with retail chain in india and start selling through them .

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Valecha Engineering Ltd has has recommended a Bonus in the ratio of 1 share for every 2 shares held.Please come back here for Record Date .

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Satyam Computer Services signs Multi Million dollar deal with FIFA

  • Author: Ganapathy
  • Filed under: Technology
  • Date: Jul 31,2007

so what does satyam has to do with FIFA , they have signed two multimillion dollar contracts to support FIFA and its major forthcoming events.So it will be great for those developers who are going to be working on this project , if they are a football fan it will be more challenging to work on a FIFA project.
They are going to develop a customized Event Management System for one of the world’s premier sports organizations, and also to build an Extranet and Intranet for FIFA over the next 12 months. The Company’s partnership will also include full, uninterrupted support for both solutions for FIFA, until the final whistle of each game.

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Reserve Bank of India (RBI) left its key lending rate unchanged at 7.75 percent on Tuesday, as expected, but raised the proportion of cash banks have to keep with it on deposit in order to mop up inflation-fuelling funds.
The RBI said the cash reserve ratio (CRR) would rise to 7.0 percent from 6.50 percent with effect from Aug. 4, taking it to its highest level since November 2001.This would again see a raise in deposit rates and interest hike we will wait and watch.

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Purvankara Projects Limited IPO – Puravankara Projects IPO opens today

  • Author: Ganapathy
  • Filed under: IPO
  • Date: Jul 31,2007

Purvankara Projects Limited IPO Details
Symbol – Series PURVA EQ
Issue Period July 31, 2007 to Aug 03, 2007
Issue Size 21,467,610 Equity Shares
Face Value Rs. 5/-
Price Range Rs. 500/- to Rs. 525/-
Tick Size Re. 1/- , Market Lot 10 shares
Minimum Order Quantity 10 shares
Maximum Subscription Amount for Retail Investor Rs.100000

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Results 2007-2008 announced on July-30th-2007 at a glance

  • Author: kalyan
  • Filed under: Results
  • Date: Jul 31,2007

> Aditya Birla Nuvo has come out with first quarter numbers. It has posted consolidated net profit of Rs 99.8 crore as against Rs 66.71 crore in corresponding quarter of previous year.
> Akruti Nirman has announced its first quarter results. The company’s Q1 net profit was down at Rs 46 crore (Rs 460 million) from Rs 57 crore (Rs 570 million), QoQ.
> Andhra Bank has declared its Q1 numbers. It Q1 standalone net profit was up at Rs 141.09 crore versus Rs 116.41 crore.
> Asian Electronics has come out with first quarter numbers. It has reported net profit of Rs 28.44 crore for first quarter as against Rs 6.25 crore in corresponding quarter of previous year.
> Asian Paints has announced its first quarter numbers. It has registered net profit of Rs 74.2 crore for first quarter as against Rs 58 crore in corresponding quarter of previous year.
> BEML has announced its first quarter numbers. It has reported standalone net profit of Rs 23.59 crore for first quarter compared to Rs 15.01 crore in corresponding quarter of previous year.
> Bharati Shipyard has announced its first quarter results. The company has posted net profit of Rs 22.2 crore as against Rs 12 crore.
> BHEL has come out with first quarter numbers. It has posted net profit of Rs 289 crore for first quarter as against Rs 237 crore in corresponding quarter of previous year.
> Cairn India has announced its second quarter numbers. It has reported consolidated net loss of Rs 71.44 crore and net sales of Rs 243.31 crore for second quarter.
> Divis Laboratories has declared its first quarter results. The company’s Q1 consolidated net profit was up at Rs 64.90 crore (Rs 649 million) versus Rs 25.63 crore (Rs 256.3 million).
> D-Link has declared its Q1 numbers. It Q1 net profit stood at Rs 5.9 crore. Its net sales stood at Rs 64.2 crore.
> Ess Dee Aluminium has announced its first quarter results. The company has posted net profit of Rs 16.3 crore for first quarter versus Rs 16.1 crore in previous quarter.
> GE Shipping has declared its first quarter numbers. It has posted standalone net profit of Rs 421.04 crore and net sales of Rs 869.69 crore.
> Glenmark Pharma has decalred its first quarter results. The company’s Q1 consolidated net profit was up at Rs 57.15 crore (Rs 571.5 million) from Rs 18.67 crore (Rs 186.7 million).
> HDIL has come out with first quarter results. It has posted net profit of Rs 202.6 crore and net sales of Rs 446 crore.
> Hotel Leela has declared its first quarter results. The company’s Q1 standalone net profit was down at Rs 30.16 crore (Rs 301.6 million) from Rs 62.78 crore (Rs 627.8 million).
> HPCL has decalred its first quarter results. The company’s Q1 net loss was at Rs 86.93 crore (Rs 869.3 million) versus loss of Rs 607.7 crore (Rs 6.07 billion).
> India Cements has declared its first quarter results. Its Q1 net profit was up at Rs 183 crore as compared with Rs 112 crore in the corresponding quarter previous year.
> India Infoline declared its Q1 numbers. It registered consolidated net loss of Rs 7.21 crore versus net profit of Rs 18.96 crore.
> Indian Oil Corporation (IOC) has come out with first quarter FY08 numbers. It has reported growth of 10.8% in its net profit to Rs 1465 crore from Rs 1321.82 crore.
> INOX Leisure has declared its first quarter results. The company’s Q1PAT was up at Rs 10.96 crore (Rs 109.6 million) versus Rs 8.37 crore (Rs 83.7 million).
> Jet airways has declared its Q1 results. Its Q1 net profit stood at Rs 30.9 crore versus a loss of Rs 44 crore.
> Maharashtra Seamless has announced its first quarter results. The company’s Q1 standalone net profit was down at Rs 58.10 crore (Rs 581 million) from Rs 60.03 crore (Rs 600.3 million).
> Mahindra and Mahindra (M&M) has come out with first quarter numbers. It has reported consolidated net profit of Rs 299.6 crore for first quarter compared to Rs 290 crore in corresponding quarter of previous year.
> Monnet Ispat has announced its first quarter numbers. The company has posted net profit of Rs 48.55 crore for first quarter versus Rs 26.64 crore.
> Motherson Sumi has declared its Q1FY08 numbers. It has reported consolidated net profit of Rs 38.08 crore for first quarter versus Rs 24.21 crore in corresponding quarter of previous year.
> Nagarjuna Construction has announced its first quarter results. The company has posted decline of 6.35% in its net profit of Rs 36 crore for first quarter as against Rs 38.4 crore.
> Nalco announced its Q1 FY08 result. The company in Q1 reported standalone net profit of Rs 446.66 crore versus Rs 622.30 cr.
> NIIT has declared its Q1 numbers. It Q1 standalone net profit was up at Rs 15.4 crore up 17%, YoY.
> NTPC has announced its first quarter results. The company has posted net profit of Rs 2,369 crore (Rs 23.69 billion) for first quarter as against Rs 1,553 crore (Rs 15.53 billion) in corresponding quarter of previous year.
> OBC has decalred its first quarter results. The company’s standalone net profit was up at Rs 139.18 crore (Rs 1.39 billion) from Rs 94.02 crore (Rs 940.2 million), YoY.
> Parsvnath Developers has come out with first quarter results. It has registered net profit of Rs 102 crore for first quarter compared to Rs 132.4 crore in previous quarter.
> R Systems has announced its first quarter results. The company has reported net profit of Rs 7.3 crore versus Rs 4.8 crore in previous quarter.
> SpiceJet has announced its first quarter results. It has reported net profit of Rs 18.53 crore for first quarter as against loss of Rs 3.68 crore.
> Sun TV has announced its first quarter results. The company has posted net profit of Rs 93 crore for first quarter of FY08.
> Sundram Fasteners declared its Q1 FY08 results. The company in Q1 reported net profit of Rs 25.55 crore versus Rs 18.02 crore on yoy basis. During the corresponding quarters, its net sales were up at Rs 298.27 crore versus Rs 291.28 cr.
> Syndicate Bank has announced its first quarter results. The company’s Q1 standalone net profit was up at Rs 221.03 crore (Rs 2.21 billion) from Rs 180.58 crore (Rs 1.80 billion).
> Tata Steel has declared its first quarter results. The company’s net profit was up Rs 1222.11 crore (Rs 12.22 billion) versus Rs 953.41 crore (Rs 9.53 billion).
> Torrent Power has announced its first quarter results. The company has posted net profit of Rs 36 crore and sales of Rs 898 crore for first quarter.
> TV Today Network has come out with first quarter FY08 numbers. The company has reported consolidated net profit of Rs 7.99 crore for first quarter as against Rs 2.72 crore in previous quarter.
> Unitech has announced its first quarter numbers. It has reported consolidated net profit of Rs 365.67 crore for first quarter and net sales of Rs 865.59 crore.
> Uttam Galva declared its Q1 FY08. Its net profit in was at Rs 22.7 cr vs Rs 22.6 cr.
> Vijaya Bank has announced its Q1 FY08 result. The bank in Q1 has reported net profit of Rs 111.4 crore versus Rs 72.6 crore on Yoy basis.
> Visa Steel Q1 FY08 net profit at Rs 5.13 crore versus Rs 8.12 crore, on YoY basis. During the corresponding quarters, its net sales were at Rs 72.06 crore versus Rs 113.5 crore.
> Wyeth declared its Q1 FY08 result. Its Q1 standalone net sales were up at Rs 86.77 cr from Rs 74.24 cr on YoY basis. Its net profit during the corresponding quarters were at Rs 24.73 crore versus Rs 25.23 cr.

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Elecon Engineering Companyreceives order worth 378.50 crores

  • Author: Ganapathy
  • Filed under: Engineering
  • Date: Jul 31,2007

Elecon Engineering Company Ltd has received a Letter of Acceptance of Rs 378.50 Crores for design, engineering, supply, civil and structural work, erection and commissioning of Mechanical Handling Equipment for Mejia Thermal Power Station Phase – II (2×500 MW) Coal Handling Plant from Damodar Valley Corporation.

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See the Live Market index through this link

  • Author: Ganapathy
  • Filed under: BseIndia
  • Date: Jul 30,2007

Hi , i created a live market link and its updated every second as you see it , just have to refresh your screen to know the latest , no one gives sooner than this link .Just make sure you clear cache if you see the same value.
sensex_live.JPG

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DSP Merrill Lynch World Gold Fund – New Fund Offer

Mutual Fund Family : DSP Merrill Lynch Mutual Fund
Fund Name : DSP Merrill Lynch World Gold Fund
Objective of Scheme : is a open ended fund of funds scheme investing in gold mining companies through an international fund ,The primary investment objective is to seek capital appreciation by investing mainly
in the units of Merrill Lynch International Investments Fund – World Gold Fund.
Scheme Category : Growth/Gold Fund
New Fund Period : 25-Jul-2007 to 23-Aug-2007
Offer Price (Rs.) 10
Min Investment : Rs 5,000
Entry Load : 2.25% (for regular investments during NFO and
continuous offer)
Exit Load : 0.50% for holding period 6 months.

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Mutual Fund Family : Escorts Mutual Fund
Fund Name : Escorts Infrastructure Fund
Objective of Scheme : Is to provide income distribution and/or medium to long term capital gains by investing predominantly in equity/equity related instruments of the companies in the infrastructure sector
Scheme Type Close Ended
Scheme Category Growth
New Fund Period : 26-Jul-2007 to 24-Aug-2007\
Offer Price (Rs.) 10
Minimum Subscription Amount 5000
For Further Details Please Visit Website: http//www.escortsmutual.com

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All banks have shown more th 50 percent Profit in the Quarter Results these are the results for various banks that came over weekend .
> UCO Bank has declared its First Quarter numbers. It First Quarter standalone net profit was up at Rs 132.87 crore versus Rs 61.51 crore.
> Bank of Baroda has come out with first quarter numbers. The bank has reported growth of 102.57% in its net profit of Rs 330.84 crore for first quarter as against Rs 163.32 crore in corresponding quarter of previous year.
> Indian Overseas Bank (IOB) has announced its first quarter results. The bank has reported standalone net profit of Rs 268.49 crore versus Rs 222.04 crore.
> Karnataka Bank has announced its first quarter results. The bank has posted standalone net profit of Rs 51.79 crore as against Rs 41.03 crore in corresponding quarter of previous year.
> State Bank of India (SBI) has announced its first quarter numbers. It has posted growth of 78.54% in its first quarter standalone net profit of Rs 1425.81 crore as against Rs 798.57 crore in corresponding quarter of previous year.

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State Bank Of India Net surges amost 80 percent

  • Author: Subramanian
  • Filed under: Bank, Results
  • Date: Jul 29,2007

>First it was Releiance Industries next its State bank of India , which will make the market to think if its can get hold of Bear or Bull infact its ok if it gets hold of Bear but not crash on it , SBI gave net profit of Rs 1425.81cr up by 78.54 percent .
Net Profit : Its first quarter standalone net profit of Rs 1425.81 crore as against Rs 798.57 crore in corresponding quarter of previous year.
Net Interest rIncome
Standalone net interest income increased to Rs 4,497.39 crore (Rs 44.97 billion) versus Rs 3,884.09 crore (Rs 38.84 billion).

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Reliance Industries has declared its Q1 numbers and it might help market to recover monday.
Q1 2007 Net Profit
It Q1 net profit was up 28% at Rs 3,264 crore versus Rs 2,547 crore.
Net Sales
Its net sales was up 14.4% at Rs 28,056 crore versus Rs 24,522 crore.
Reliance Industries Quarter Results points.
Q1 Gross Turnover At Rs 29,493 Cr
Q1 EBITDA Margin At 18.5%
Net Profit Margin At 11.6%
Q1 Refining Margin At 11.2% Vs 9.8%
Q1 Petchem Margin At 13.7% Vs 11.1
Q1 GRM At $15.40 Vs $13 (QoQ)

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Simplex Projects IPO allotment Status

Simplex Projects Limited IPO was closed on July 13, 2007 and was oversubscribed by around 85.53 times (retail 49.26 times) , They are ready with IPO allotment status and can be check here.
PS : I have to say they have very vast website , no idea how much time does it take for them to0 switch to a new hosting provider.

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What you should and What you should not do while Sensex Crashes ?

  • Author: Ganapathy
  • Filed under: india
  • Date: Jul 28,2007

What you should do and What you should not do while the market crashes?
>Ok if you have answer for this question then everyone will be happy on a crashing market day , infact when we know the answer for this question then from that moment onwards the market migth not crash at all , first thing panic between investors is the one that causes the Crash or else it might be like a 100 or 200 point fall , you just panic oh my god how much i might loose becasue of this crash .
>Second thing when the market crashes i will always advice to sell the stock that are in profit and later buy the same in the down market and hold it for your portfolio.This is applicable for the stock which are in loss also until you know what type of market it would be the next day, for example on friday if the market closes like 580 points down and the market is favoured by global news then i will book loss in my counter and come in monday and based on the opening move i might buy it back , But with a Global market like this Mainly US market which is down by 200 points again , you never know how much will it go down again .
Third thing to be safe on a Crashing market like this follow these rules.
>Put your money in the market just little by little , dont be too greddy while profitting or buying and make sure its consistent.just stay ” aram se ” Eng (” stay cool”) while the bulls and bears ride it out.
>You just dont put your money in same basket put in all sectors,company sizes (by market capitalization) and regional distribution.This way your portfolio is not hit by one thing it has to be hit by several thing in order for the portfolio to sink in red.Like for example there are some stocks which was not really hit by yesterdays market , it was still up .
>Another best advice dont go into Futres when the market is too hot , im saying this out of personal experience

Read the rest of this entry »

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Indian Stock market might have another Bad opening monday

Dow jones and US market crashes again on Friday for the second day , as we all know it crashed like 2 percent the Previous day
Dow 13,265.47 down by 208.10 (1.54%)
Nasdaq 2,562.24 down by 37.10 (1.43%)
S&P 500 1,458.95 down by 23.71 (1.60%)
The market while started it did do better as tghe GDP growth news was favouring the market bu t during the End of Day , there was concerns that there is reduction in credit markets which might in turn hurt those company Buyouts and Takeovers by other company,and that losses in the subprime mortgage market may spill over into the broader economy.So they are worried and that economy might be hit BAD because of this , the second concern was a nearly 3 percent rise in oil prices to their second-highest settlement on record added to worries about the economy.
So totally DOWN fell like 4 percent for the week and you might not believe totally 300 Billion dollar worth is wiped out from S&P 500 index.

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Central Bank of India Oversubscribed by 62.07 times and on the retail side its subscribed by 16 times.
Total Issue Size 80000000
Total Bids Received 4965716880
Total Bids Received at Cut-off Price 356456160
No. of times issue is subscribed 62.07
As per the Data from NseIndia
Visit here for Central Bank of India IPO Allotment Details.

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Markets Slips Further – sensex Down by 500 points

  • Author: Ganapathy
  • Filed under: india
  • Date: Jul 27,2007

Market loose ground further sensex down by 500 points nifty down by 160 points.
Heavy losers are
500103 BHEL -105.20 -5.99
532712 REL COM LTD -30.75 -5.40
500010 HOUSING DEVELOPMENT FINANCE CO -108.40 -5.36
500510 LARSEN & TOUBRO LTD. A -125.00 -4.92
500470 TATA STL A -33.45 -4.76
500112 STATE BANK OF INDIA A -70.95 -4.57
500440 HINDALCO IN A -8.25 -4.51
500180 HDFC BANK LT A -54.05 -4.43
500312 ONG CORP LTD A-35.00 -3.70
500570 TATA MOTORS A -26.75 -3.66

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Inflation for the week ending July 4th 2007

  • Author: Ganapathy
  • Filed under: Inflation
  • Date: Jul 27,2007

Inflation data for week eneding july 4th 2007 as come out .Inflation raises to 4.41 vs 4.27 percent , not a big raise but was expected at 4.36 percent

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Market Collapses by 400 points

  • Author: Ganapathy
  • Filed under: india
  • Date: Jul 27,2007

Asian market is down , US market collapsed and more volatile market is expected when it comes to US market which might reflect in global markets also .

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Everonn syetems IPO Allotment status

Everonn syetems IPO Allotment status is ready to be checked here.

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Central Bank of Indian on last but one day is subscribed by 11 times

  • Author: Subramanian
  • Filed under: Uncategorized
  • Date: Jul 26,2007

Central Bank of Indian on last but one day is subscribed by 11 times , the retail might have crossed at least more than 1 for sure this would have a good listing gains , and there is one more day we can see this totally subscribed by 30 times , so you guys can apply for this for some listing gains.

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IVR Prime which till yesterday dint see mucvh movement on the final day have some subscription , its totally subscribed by 5.5 times may be while closing it might be 10 or so , and not sure now if retail is fully subscribed , but there would be sure allotment , and it might list like HDIl or DLF , we will see the final figure of subscription by today night.

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Maruti Suzuki India Limited new name for Maruti Udyog Limited

  • Author: Ganapathy
  • Filed under: Auto
  • Date: Jul 26,2007

“Maruti Udyog Limited to have a new name: Maruti Suzuki India Limited” , this is the statement they have given to the Stock exchange , so Maruti udyog will have a new name soon and may be new cars also in thr cradle , they are going to be called as Maruti Suzuki India Limited.

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Maruti Udyog announced strong Quarter Results

  • Author: kalyan
  • Filed under: Auto, Results
  • Date: Jul 26,2007

Maruti Udyog has declared its first quarter results for 2007 -2008
Net Profit
The company’s Q1 net profit was up 35% at Rs 499 crore (Rs 4.99 billion) versus Rs 369.6 crore (Rs 3.69 billion).Operating profit margin stood at 14.6% and other income increased to Rs 223 crore from Rs 143 crore.
Net Sales
Its net sales were up 26% at Rs 3,930 crore (Rs 39.30 billion) from Rs 3,125.5 crore (Rs 31.25 billion).

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MRF announced a strong Quarter Results

  • Author: kalyan
  • Filed under: Auto
  • Date: Jul 26,2007

MRF has announced its third quarter standalone numbers.It has reported net profit of Rs 42.50 crore for third quarter compared to Rs 8.17 crore in same quarter of previous year.Standalone net sales stood at Rs 1,133.43 crore versus Rs 994.77 crore.

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Total Income :
·> Total Income of Rs 514 crore ,against Rs.132 crore in the corresponding previous period, an increase of 288 %
·> Consolidated Total Income of Rs 1,176 crore , against Rs. 356 crore in the corresponding previous period, an increase of 230 %
Net Profit :
·> Net Profit of Rs 302 crore, against Rs.95 crore in the corresponding previous period, an increase of 220 %
·> Consolidated Net Profit of Rs 325 crore , against Rs.113 crore in the corresponding previous period, an increase of 188 %
Earning Per Share :
·> Earning per share (EPS) of Rs 12.15 , against Rs.3.87 in the corresponding period previous year, an increase of 214 %
·> Consolidated Earning per share (EPS) of Rs 13.07 , an increase of 183 % over corresponding previous period
Total Asset in Hand
·> Total Assets of the company stood at Rs 8,345 crore.

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Redington typed good results for 2007-2008 First Quarter

  • Author: kalyan
  • Filed under: Results
  • Date: Jul 26,2007

Redington has announced its first quarter numbers. It has posted consolidated net profit of Rs 27.3 crore as against Rs 15.45 crore.Consolidated net sales stood at Rs 2,499 crore versus Rs 1,407.9 crore.

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Shringar cinemas making a good show after good result

Shringar Cinema has announced Q1 results. Its Q1 net profit stood at Rs 5.22 crore versus Rs 1.26 crore.Its net sales stood at Rs 18.2 crore versus Rs 10.5 crore.

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Bharti Airtel Declares 2007-2008 First Quarter Results

Bharti Airtel has come out with first quarter results. The details is as follows.
Net Profit
The company has posted consolidated growth of 11.75% in its first quarter net profit of Rs 1512 crore (Rs 15.12 billion) as against Rs 1,353 crore (Rs 13.53 billion) in the previous quarter.
Net Revenue
Revenue increased by 9.56% to Rs 5909 crore (Rs 59.09 billion) versus Rs 5,393.2 crore in earlier quarter. EBITDA margin stood at 41.4%.
This is more than expectation but they are seen declined in so many aspects like APRU and net received per minute which is seel at 81 paise against 85 paise.

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IDFC has declared its 2007-2008 first quarter results

  • Author: kalyan
  • Filed under: Results
  • Date: Jul 26,2007

IDFC has declared its first quarter results.The details is as follows.
Net Profit
Its standalone net profit was up at Rs 167.81 crore (Rs 1.67 billion) versus Rs 121.23 crore (Rs 1.21 billion).
Its consolidated net profit was up at Rs 180.98 crore (Rs 1.80 billion) from Rs 131.15 crore (Rs 1.31 billion).
Net Sales
The company’s consolidated net sales were up at Rs 609.63 crore (Rs 6.09 billion) versus Rs 338.83 crore (Rs 3.38 billion).
The company’s Q1 standalone net sales were up at Rs 556.79 crore (Rs 5.56 billion) versus Rs 321.14 crore (Rs 3.21 billion).

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Rasi Electrodes Board Declares Bonus

  • Author: Geetha
  • Filed under: Bonus
  • Date: Jul 26,2007

Rasi Electrodes Board of Directors has recommended issue of bonus shares in the ratio of Two Equity Shares of Rs 10 each for every Five Equity Shares held on the record date to be subsequently fixed subject to the approval of the shareholders at the ensuing 13th Annual General Meeting to be held on September 28, 2007.

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Puravankara Projects IPO – Puravankara IPO fixes its Issue Price

  • Author: Ganapathy
  • Filed under: IPO
  • Date: Jul 26,2007

Puravankara Projects – So next Real estate IPO thats going to hit the market is Puravankara IPO ,
Girish Puravankara, MD at Puravankara Projects has informed that the company has fixed a price band for their IPO between Rs 500-525. The total amount that they intend to raise is Rs 1,075 crore.On talking about the Land bank and total area that had been developed by Puravankara he said thet 116.24 million sq. ft – that’s the total developable area what the company has, of which they are developing around 13.99 million sq. ft. So on future land holding, that’s around 102 million sq. ft.For more details of Puravankara IPO come back here .

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TAKE Solutions IPO opens on August 1 2007

  • Author: Ganapathy
  • Filed under: IPO
  • Date: Jul 26,2007

About Take Solutions :
TAKE Solutions, an international business technology company with a focus on life sciences and supply chain management solutions,
>About Take Solutions IPO
They will enter the capital market with an initial public offer (IPO) of upto 2,100,000 equity shares of Rs 10 each for cash at a price to be decided through the 100% book building process.
Issue Open/Close Date : Open for subscription on August 1, 2007, and close on August 7, 2007.
Price Band : Price band between Rs 675 and Rs 730 per equity share.

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Zylog systems IPO which had a Public issue had received bids for 25.68 crore shares, which includes bids for 2.65 crore shares at cut off price. It was oversubscribed 71.35 times, as per NSE website.
>Qualified Institutional Buyers (QIBs) 2100000 188063600 89.5541
>Non Institutional Investors 350000 50383980 143.9542
>Retail Individual Investors (RIIs) 1050000 36889600 35.1330
>Employee Reservation 100000 110560 1.1056

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Omnitech InfoSolutions has subscribed 57.87 times, They had come out with a public issue aggregating Rs 35 crore in the price band of Rs 90 to Rs 105 per equity share of Rs 10 each, including reservation for employees aggregating to Rs 1.75 crore. Retail subscibed by more than 50 times.

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Allied Digital Services List at 325 against issue price of 190 , and now its trading at 360 rs , the overall market is down are else this would have touched 400 rs , we will wait and watch this stock.

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Asian Granito India Limited IPO opening today

  • Author: Ganapathy
  • Filed under: IPO
  • Date: Jul 25,2007

IPO Details
Symbol – Series AGIL EQ
Issue Period July 26, 2007 to July 31, 2007
Issue Size 7000000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 85/- to Rs. 102/-
Tick Size Re. 1/-
Market Lot 60 shares ,Minimum Order Quantity 60 shares

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Balrampur Chini has come out with its Q3 results. Its Q3 standalone net sales is at Rs 365.26 crore versus Rs 392.96 crore.

Britannia has come out with its Q1 results. Its Q1 standalone net profit is at Rs 36.10 crore versus Rs 30.30 crore.

City Union Bank has come out with its Q1 results. Its Q1 net profit is at Rs 21 crore versus Rs 12 crore.

Eicher Motors has announced its first quarter results. The company has posted net profit of Rs 11.13 crore for the first quarter versus Rs 8.4 crore in corresponding quarter of previous year.

Elder Pharma declared its Q1 FY08 results. The company in Q1 has registered net profit of Rs 15.1 crore. During the same quarter, its net sales was at Rs 125 crore.

Hero Honda announced Q1 FY08 results. The company registered Q1 net profit was down at Rs 189.94 crore against Rs 237.74 crore on YoY basis.

Hindustan Zinc has come out with first quarter FY08 results. The company has reported net profit of Rs 1,185 crore for the first quarter as against Rs 874 crore in corresponding quarter of previous year.

IDEA Cellular has announced its first quarter results. The company has reported net profit of Rs 308 crore for the first quarter as against Rs 193.1 crore in previous quarter.

JSW Steel has announced its first quarter results. The company has reported net profit of Rs 428 crore as against Rs 170.3 crore.

Mahindra Gesco has announced its first quarter results. The company has posted standalone net profit at Rs 12.20 crore as against Rs 3.38 crore.

ONGC is to declare its Q1 FY 08 result. According to CNBC-TV18 estimates, the oil major is expected to register net profit of Rs 4075 crore in Q1 of FY08 versus Rs 4119 crore in the corresponding quarter of last financial year.

PNB Gilt has come out with first quarter results. It has reported net profit of Rs 14.2 crore and net sales of Rs 39.9 crore for the first quarter.

Pratibha Industries has come out with first quarter results. It has posted net profit of Rs 6 crore versus Rs 3.75 crore.

Shasun Chemicals and Drugs has announced its first quarter results. The company’s Q1 net profit was down at Rs 1.6 crore (Rs 16 million) versus Rs 6 crore (Rs 60 million).

Tulip IT Services has come out with first quarter FY08 numbers. The company has posted Q1 net profit at Rs 28 crore versus Rs 33 crore in the previous quarter.

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Zylog Systems Limited subscribed by 7.35 times on the whole , Qualified Institutional Buyers (QIBs) by 11 times and the retail by just 3 times or so , the IPO is closing tomorrow , one can apply for this also for listing gains.

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Omnitech InfoSolutions Limited IPO susbscribed by 4.7 times on the whole and Qualified Institutional Buyers (QIBs) 7.8480 time and Retail by 2.86 times, for sure tomorrow being the last day it might reach 15 to 20 times by tomorrow evening , one can apply for easy listing gains.

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Central Bank of india which opened for subscription today got fully subscribed infact around 2 times , the reason might be Bank stocks are all doing good now and also the IPO price is less compared to Big Infra IPO that are opened now .
Subscription Details.
Total Issue Size 80000000
Total Bids Received 136145520
Total Bids Received at Cut-off Price 150840
No. of times issue is subscribed 1.70

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Central Bank of India IPO opens Today for subscription

  • Author: Subramanian
  • Filed under: IPO
  • Date: Jul 24,2007

Issue Period : July 24, 2007 to July 27, 2007
Issue Size : 80000000 Equity Shares
Issue Type : 100% Book Building
Face Value Rs. : 10/-
Price Range Rs. : 85/- to Rs. 102/-
Tick Size Re. 1/-
Market Lot 60 shares , Minimum Order Quantity 60 shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.

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ABG Shipyard Ltd has secured a big order for Construction of 12 vessels of approximately 32,000 DWT, for a total price of US $ 360 million (Rs 1460 crores) from Precious Shipping Public Co. Ltd., Thailand,the book order was like 4000 crore or something before winning this order , the stock has gone up almost by 50 rs today .

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