- Author: Lalitha
- Filed under: politics
- Date: Nov 30,2008
Tagged with:
india •
Manmohan Singh •
Minister for Home Affairs •
Mumbai •
mumbai terror attack •
politics •
terror •
TerrorismAfter the Mumbai terror attack everything was clear that Mr.Home Minister dint do his homework which has led to this big loophole.Im just thinking if we are given a job like this we will be like traveling to every state not just the metros but to every state make sure law and order is under control and see if all the state is safe from all the side , I’m not saying we will do this all the time at least when we know that there is terror attack happening anyway he dint do the job so he had quit now.
Dr.Manmohan Singh has forwarded the resignation to the president and also then recommended the former finance minister Chidambaram as the new home minister and the finance ministry would be directly controlled by Prime minister himself.
He is Out
|
He is In
|
Tagged with:
daily market update •
sensex Sensex closed in green after Mumbai terror attack , Today was also considered the last day for the November settlement. It closed the day at 9,092.72 gaining almost 66 points but it really swung like 268.44 points between an high of 9,157.62 and low of 8,889.18.
Tagged with:
mumbai terror attack •
terror attackFeel first sorry to first use mumbai terror attack as irony here, when the terror strikes a country that first thing that will get affected is tourism it might come to normal based on how deep the attack is and om who the attack is , as you would have seen that this latest mumbai terror attack is mainly focussed on foreigners.These are the stock that got affected and im sure that will go for another QTR or so in the results to come .
Hotel stocks – Directly affected
Indian Hotels
East India Hotels
Hotel Leela
Airline and Travel advisor’s
Jet Airways
Kingfisher Airlines
Thomas Cook
TCI
Tagged with:
Economic Data •
economy •
gdpGDP for second quarter stood at 7.6 Percent Vs 9.3 Percent (Year over Year) and Vs 7.9 Percent (Quarter over Quarter).
Sector wise growth
Manufacturing output stood at 5 Percent (Year over Year),
Construction sector growth in Second QTR stood up 9.7 Percent (Year over Year),
Mining stood up 3.9 Percent Vs 5.5 Percent (Year over Year),
Farm output stood up at 2.7 Percent (Year over Year),
Services growth stood at 9.6 Percent Vs 10.5 Percent (Year over Year)
Industry growth stood at 6.1 Percent Vs 9.4 Percent (Year over Year).
- Author: Lalitha
- Filed under: Inflation
- Date: Nov 28,2008
Tagged with:
Economic Data •
InflationInflation data came in yesterday for week ending November 15 at 8.84 percent which is less compared to 8.90% WOW. It was below the expectations , this it was below expectation they where expecting it at 8.60 or something.
- Author: Lalitha
- Filed under: BseIndia
- Date: Nov 27,2008
Tagged with:
Bombay Stock Exchange •
BSE Sensex •
Exchanges •
Indices •
market closed •
National Stock Exchange of India •
terrorist attackSensex and NSE to remain Close Thursday after terrorist attack in mumbai,earlier it was told they might have the NSE running and everyone can come there and do the trading now sebi has announced both eh market will remain close due to terrorist attack in various places.Trading on Bombay Stock Exchange and National Stock Exchange markets will remain closed on Thursday.RBI will soon decide if there will me money market or not.
Tagged with:
bplr •
lending rate •
Punjab National Bank •
rate cutPunjab National Bank which is the one normally cuts the rate when RBI cuts the crr or lending percentage has even done it again ,Think PNB would be the one who would be lending it for the lowest now.They have decided to reduce the BPLR by 100 bps from 13.50% p.a. to 12.50% with effect from December 01, 2008.They have also cut down the deposit interest rate from 10.50 percent p.a. to 9.50 percent p.a. for deposits of 1 year to less than 3 years.
Tagged with:
KLG Systel •
order_news •
West BengalKLG Systel Ltd informed the market that the Power System Solution (PSS) Division of the Company has been awarded order of Rs 8.36 crores from West Bengal State Electricity Distribution Company Ltd.The order is for the Billing and maintenance .The customer base for west bengal electricity board is almost 3.64 lacs consumers.
Tagged with:
Bank •
BSE Sensex •
bull run •
HDFC Bank •
sensexSensex after a very volatile session closed at 9,026.72 index climbed 331.19 points.The sensex was almost up in the last 1 hr , The banking stock helped the sensex reach this level today.ICICI Bank and HDFC Bank shooting up almost more than 8 percent.Anyway tomorrow was settlement in the derivatives segment so they would have tried to long pending position which would have had the stock to reach this level.At least it closed above the 9000 level.
Tomorrow will be more interesting as the Inflation data is coming and everyone are expecting anytime from RBI to cut the CRR.
Tagged with:
bear •
crash •
senexSensex which had almost surged 200 points from starting is in red now , The market opened the day with support from US market and the Stimulas package that was given to Citibank , but now its almost at red .European market is kind of choppy and may be Sensex is retariating that.Yesterday Finance Minister P Chidambaram said that India is likely(common say it will no likely here)to miss the revenue and fiscal deficit targets in the current financial year as the government wants to spend additional money to boost the aggregate demand in the economy which has shown signs of slowing down. Thus, he said, the Centre would have to go for additional borrowings this year to meet higher expenditure. Higher government borrowing will restrict a further fall in interest rates. So all these line means there is more cut thats in the way.
So over previous week we had been guessing who would be who and finally yesterday President-elect Barack Obama has named his economy cabinet which is really important to take care of US economic crisis or you want call it as global economic crisis .
He has named key members of his administration’s economic team yesterday
>New York Federal Reserve President Timothy Geithner as his Treasury Secretary nominee.
>former Harvard President Lawrence Summers as the director of the National Economic Council.
Great Offshore Ltd has informed the market that the Company has chartered two of its vessels – Malaviya Thirty Three and Gal Ross Sea to Petroleum Marine Services Co., Egypt.
Accordingly, the vessels have commenced operations in the Khafji Oilfields for Saudi Aramco under one year firm charter with option for two more extensions. The aggregate value of the one year firm charter is around USD 22 million.
Tagged with:
fund raise •
shriram epcShriram EPC Ltd informed the market that the company has raised US$ 55 million from investor group led by Olympus Capital Holdings Asia.Which is almost 275 crore.
Tagged with:
Engineering •
order_news •
petron engineeringPetron Engineering Construction Ltd has informed the market that they have received an Order from Engineers India Ltd for Composite Mechanical Works for implementation of EURO-IV Project of Chennai Petroleum Corporation Ltd at Chennai, for a total contract value of Rs 6728 Lakhs.
Tagged with:
C & C Constructions •
Infrastructure •
order_newsC & C Constructions togeather with BSCPL Infrastructure has bagged order to construct the Parliament and a new Indian Chancery in Kabul, Afghanistan. This order is from indian government which they are building it for Kabul, Even though the order is from india its a international order so they have to pay in dollars.This contract is worth US $ 126.94 million (Rs 635 crore) and has been awarded by the Central Public Works Department, Government of India. The Afghan Parliament has to be built in 36 months and the Indian Chancery within 16 months.The order book for the company inclusing this project stands at Rs 2381 crore as on date.
Tagged with:
Alphageo •
ongc •
order_newsAlphageo (India) Ltd has informed the market yesterday that they have bagged order wirth 43.69 crore from ONGC.The share price which went up today morning upto 115 rs has come down to 105 rs.
- Author: Lalitha
- Filed under: order_news
- Date: Nov 25,2008
Tagged with:
atlanta •
order_newsAtlanta Ltd has informed the market yesterday that the company has bagged a contract from Gujarat Industrial Development Corporation in respect of tender submitted by the Company for providing infrastructure for DSL (Dahej SEZ Ltd) at Dahej (Gujarat), the project is almost worth 146 crore.
Tagged with:
bull run •
dow jones •
us market •
World MarketUs stock really saw a bull run yesterday which would have been a dull and red day , at 3.00 pm or so tio was literally up 0 points and from that moment on it went up almost 500 poits to close at 8046 points which is above 8000 points up by almost 494 points , all because of a single reason that US President-elect Barack Obama has decided to nominate New York Federal Bank President Timothy Geithner as his new Treasury secretary.I dont understand if he was good then the policy he would have already have in FED Bank should have helped in soem way to fix the economy , anyway may be i dont have full insight of it , we will see how it goes after he comes in .
Market Movers
>Earnings data
>Speculation about Citigroup sellign part or all of its subsidiary
>Geitner nominated for Treasury Secretary
Know More about Timothy Geithner
Tagged with:
Federal-Mogul Goetze •
Record Date •
right issueFederal-Mogul Goetze (India) Ltd has informed the market that they have started sending the abridged letter of offer and composite application form for the rights issue of the Company to the shareholders whose name is available in the register before record date of november 10th 2008.
Tagged with:
buy out •
Dabur India •
fem careDabur India informed the market that they had bought 72.15% stake in Fem Care Pharma for Rs 203.7 crore ,which will be paid in full cash , They want to use this as the platform to enter into skin care market.They still have to buy an addtional 20 percent stake in Fem care which is required by takeover regulations act of india.Fem care Pharma closed the market yesterday at 656 or so up by 13 rs.
Tagged with:
dial •
gmr infra •
winter It almost winter and when its winter northern state airports are the one where there will lot of delays due to fogsd and other wather condition because of winter, The passengers get staranded or waiting outside in the cold climate in the airport , seeing all these problems GMR Infra has informed that they will take various proactive measure for the Delhi International Airport (P) Ltd (DIAL), which is one of the subsidiary of the Company.
Tagged with:
Business •
citigroup •
crash •
Dow Jones Industrial Average •
Investing •
nasdaq •
S&P 500 •
United States •
US government •
World MarketDow Jones industrial average was down by 5.6% and the Nasdaq was down by 5.1%. They where at the lowest point of march 2003 , and S&P 500 is at its 1997 low .What else you want US government and FED said no to Auto Company bailout.
Market Movers
>Citi plunges 26% – lowest in 15 years
>Jobless claims jump, exceed consensus
>GE seeks investment from sovereign wealth funds
>Citigroup receives increased investment
>S&P dives to lowest level since 1997
>New York Times Co. cuts dividend by 74 percent
Tagged with:
Economic Data •
InflationInflation data has come out morning itself which has stared to give atleast some 50 point releif to the market , the infation for the week ending november 8th stands at 8.9 compared to 8.98 week over week.I saw Mr Rao , wno is from Yes bank started predicting that the inflation will come down to 4.85 percent almost by next year 1st QTr , they are the same analyst who said that next year starting it would see single digit inflation which came like 2 months before itself .So nothing is for sure , We are just not yet into recession which almopst every country is seeing .
What made the Inflation to come down
WPI for commodities down by 0.2% WOW
Fuel group: down 0.9% WoW.
Light and diesel prices: down 11% WoW.
Furnace oil prices: down 9% WoW.
Aviation fuel prices: down 5% WoW.
Atlest for the last one the aviation fuel price which has gone down heavily will play some factor in getting the inflation down , so we can expect the inflation to go doqwn more in coming weeks.This is like good time if they start reducing the oil prices vegetables price might go down and other transportation charges will be less , thus it will help the inflation to go down more.
Tagged with:
crash •
sensex •
Stock Market Crash •
World MarketSensex down by more than 400 points or so due to global bourses melt down , bifty down by almost 123 points or do , Realty down by 7 percent or so ,Bank down by more than 6 percent , Metal,Auto and Power sector almost all down by more than 5 percent.Asian market aslo over all down between 2 to 7 percent.Inflation data also have eased for this week will talk about that in the next post.
Tagged with:
crash •
dow jones •
World MarketDow jones Industrial average today went down by more than 427 points to close below 8000 points at 7997 points ,So Dow ,Nasdaq and S&P 500 closed at 5 years low.US market which after a long time went up yesterday had erased all the gain it had yesterday , The Market dint have any good news to go in green, Investors are concerned over the fate of U.S. automakers,and very disappointing economic data, and very bad outlook from the Fed left the market in deep red.
Market Movers
>S&P 500, Nasdaq take out 5-year intraday lows
>CPI falls by a larger-than-expected amount of 1.0% in October, largest seasonally adjusted monthly drop since at least 1947
>Housing starts, building permits fall to record low in October
>Fed cuts economic growth forecasts for 2008, 2009 and 2010
>Automakers fall as executives testify to House Financial Services Committee in an attempt to get a loan
- Author: Lalitha
- Filed under: Auto
- Date: Nov 19,2008
Tagged with:
a-star •
car •
maruti •
maruti a-star •
maruti suzukiMaruti Suzuki Launches A-star today , November and December is normally tough time for Auto industry Maruti suzuki kas released A-Star in order to win some customers in a slowing down market , Maruti A-Star goes head to head with Huyindai’s i-10 ,First impression is the interior is kind of good in Hyundai i-10 but the exterior is kind of good in Maruti A-Star let it run on the road we can see more info.
Export Details
A star will be made in 200 variants and exported to 150 countries across Europe, Middle east , Latin America, Asia, Australia, and Africa.It will be exported under the name of Suzuki Alto and Suzuki Celerio. Nissan also plans to market the same car under the name Nissan Pixo in middle East and African markets.
Price – Ex showroom Delhi Price.
>A-star Lxi – Rs3,46,775
>A-star Vxi – Rs3,74,775
>A-star Zxi – Rs4,11.775
Get other Car Details from here.
Tagged with:
dow jones •
stock market •
World MarketUS market up yesterday after a long time not sure when it was up lastly , Dow jones was up by 1.8%.Standard & Poor’s 500 (SPX) index up by 1% .
Market Movers
>Hewlett-Packard issues upside fourth quarter and fiscal year 2009 earnings guidance
>Fed Chairman Bernanke, Treasury Secretary Paulson and FDIC Chairman Bair testify before House Financial Services Committee regarding $700 billion financial relief bill
>PPI falls by a larger-than-expected amount due to decreasing energy costs, but core PPI increases more than expected
Tagged with:
crash •
sensex •
Stock Market CrashSensex started the market down by almost more than 300 points and it was in red the whole day , lot of factors weighed in almost i can see finance minster doing whatever possible speech to get the market up nothing was working , he was saying Government is taking all the measure to bring the economy up , he was saying there might be some excise duty cut which might increase the factory output.He was also saying that India might miss the 200 billion dollar annual export target for this year.RBI governor told RBI is ready to take necessary action at the right time .So there was nothing that helped the market to go up .The SENSEX was down by 354 points to close at 8937 points.
Tagged with:
bhel •
order_newsBHRL infromed the market that they have bagged order worth 1325 crore.The opder is for supplying and installing of main plant package at a power project in Andhra Pradesh.The order is from Andhra Pradesh Power Generation Corporation (APGENCO) and the order is to set up a 600 MW thermal power generating unit in Warangal district.
Tagged with:
MoU •
parsvnath_developers •
san jose consortiumParsvnath Developers Ltd has informed the market that they have signed MOU with Constructora SAN JOSE Consortium to bid for Infrastructure Development works.San Jose Consortium is a a subsidiary of Grupo SAN HOSE, a leading infrastructure company in Spain.They have already togeather submitted request for qualification (RFQ) to National highways Authority of India (NHAI) and has been qualified to submit the financial bid for the construction of an elevated expressway on NH-4. The contract valued at Rs 12.2 billion.
Tagged with:
MoU •
Mundra PortMundra Port and Special Economic Zone Ltd has informed the market that they have signed a MoU for setting up a world class dedicated automobile terminal with Nippon Yusen Kaisha (NYK) of Japan.Nippon Yusen Kaisha is world famous for its auto terminals they have around the worlds harbor and also they are famous for the extensive fleet of Ro-Ro ships offering regular sailings to and from the major ports around the world.This would bringin mroe revenue for Mundra Port.
Tagged with:
ntpc •
order_news •
sankhya infotech •
TechnologySankhya Infotech informed the market today that they have bagged order from NTPC.Sankhya has won a long term contract from National Thermal Power Corporation for high-end simulation and virtual training systems.
Tagged with:
citigroup •
crash •
Dow Jones Industrial Average •
Stocks and Bonds •
world markewtMArket started ok but when the CITIGROUP announced that they are going to cut the workforce it weighed on the investor sentiment which was already down due to economic concern .
Dow Jones industrial average (INDU) down by 223 points, or 2.6%.
Standard & Poor’s 500 (SPX) index fell 2.6%.
Nasdaq composite (COMP) down by 2.3% its a 5 and half year low.
What Moved the market
>Citigroup to cut more than 50,000 jobs, roughly 14% of its workforce
>Industrial production increases by a larger-than-expected amount in October
>Lowe’s warns that consumers will continue to delay discretionary home improvement purchases
>Target suspends share repurchases
Tagged with:
citibank •
citigroup •
Citigroup Incorporated|C|NYSE •
crash •
global •
job cut •
Vikram Pandit •
World Market
|
US market is kind of silent otherwise it would have been a normal bearish open with nothing to bother the marekt , The citigroup job cut kind of started the week on a bad note , Citigroup had said that it will cut more than 52000 job cuts byt the end of the year and some over next year starting .
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The holiday season might not be good for some people .It would have the workforce reduce to almost 300,000 from 352,000 employees.This is kind of reduction of almost 20 percent in its workforce from where they were last year.
Half of this cut come out of sale in there division and remaining half would be cut both Domestic and International so it might happen in India also who knows.
Tagged with:
BSE Sensex •
Economy of India •
Economy of the United States •
gross domestic product •
Japan •
recession •
sensex •
World Market
| Sensex started as if it would close green only but it saw a very big swing today it recovered 330 points but closed down by 94.91 points or 1.01% to 9,291.01 after swinging 479 points in volatile trade between the day’s low of 8956 and high of 9435 .At least it closed above 9000 points.
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Market in fact opened in green after weekend announcement by RBI that it will shield the Indian economy from the global economic slowdown .But the market started broking down after seeing all it neighbors started going down , Japan for the first time in seven years went clipped to recession in the third QTR of the year.
Realty sectors are the worse hit sector today as it had concerns if the banks would them loan.
- Author: Lalitha
- Filed under: order_news
- Date: Nov 18,2008
Tagged with:
Andhra Pradesh •
Delhi Jal Board •
larsen toubro •
order_news •
Water supply>Larsen & Toubro has secured a major order valued over Rs 700 crore order from HPCL – Mittal Energy, a joint venture of Hindustan Petroleum Corporation and Mittal Energy Investments.
Larsen toubro also bags 3 major order worth 937 crores from Delhi and Andhra Pradesh
>An EPC water supply project of value Rs 582 crore was bagged by L&T from Hyderabad Metro Water Supply and Sewerage Board (HMWSSB) The contract period is of 24 months.
>Two EPC projects from Delhi Jal Board valued at Rs 355 crore were secured by L&T. Both projects are to be completed in 21 months.
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Tagged with:
close demat •
demat •
rematerializeI know lot of people would have opened Demat Account during the bull period to make some money and i have sevral request asking how to close the Demat account ,If you have no stock in it then its easy we can just call them or submit a form to close it , but if you have a scrip in it which is like non trading stock then you will end up in a difficult situation.
Steps to close account with Dead scrip
>If we have a Dead scrip only option you have is to may be send that scrip to your parents or friends account which has other scrip so they will not close the account soon (or)
>They can Rematerialize tyhe Stock and convert to certificate in which case , it will be chucked out of the demat account .(see link here for more details)
Tagged with:
bull run •
dow jones •
World MarketDow gained almost 552 points after loosing almost 300 to 400 points , totally it had a swing of 880 to 900 points between day’s low and high.The market opened with a positive turnaround evcen after hearing that the jobless rate went to 7 years high of 516,000 , but soon market turned to red after opening and finally when it closed it was up by 7 percent after going down by 4 percent .
What moved the market
>Weekly jobless claims and continuing jobless claims rise more than expected
>Intel cuts outlook
>Wal-Mart posts positive EPS surprise, but guides below expectations
Tagged with:
InflationMarket is close today for GuruNanak day , Meanwhile the Inflation data has come out and its really very good data if the govenment data is right , The inflation stands at 8.98 percent which is down by 1.74 percent from 10.72 percent for week ending before November 1st 2008.This is good time that they reduce the oil price that can see more effct on vegetable prices so the inflation can still go down .The reason for this much reduction is fuel items like naphtha, jet fuel, furnace oil and light diesel oil was less compared Week over Week data.
Tagged with:
dow jones •
Dow Jones Industrial Average •
Investing •
market crash •
recession •
stock market •
Wall Street •
Wall Street Crash of 1929 •
World MarketUS Stock Market crashed by 411 points after recession fear , they can better say that they are in a prolonged recession rather than everyday fearing if they would really have recession or not , nothing was good for US market today , The #1 Consumer retail shop BEST BUY lowered the earnings guidance for fiscal year 2009 , and also they said they have never seen a difficult condition that this , There was another blow from Treasury Paulson saying $700 billion bailout fund will no longer buy troubled assets; may buy stakes in non banking companies.So these all paved way for the Dow to crash by 411 points.
What moved the market
>Best Buy issues downside earnings guidance for fiscal year 2009, says this is the most difficult climate its ever seen
>Treasury Secretary Paulson speaks about $700 billion TARP; will no longer buy troubled assets; may buy stakes in non banking companies
Tagged with:
canara bank •
Financial services •
housing loan •
Interest •
MortgageCanara Bank has informed the market after it reduces the BPLR it has also reduces the Housing loans by 75 basis points sanctioned on or after November 10. For tenures of up to five years, the rate will now be 9.50 per cent for loans up to Rs. 30 lakh and 10.25 per cent for loans above Rs. 30 lakh. This floating rate.
- Author: Lalitha
- Filed under: Technology
- Date: Nov 12,2008
Tagged with:
Information technology •
name change
| Asian CERC Information Technology informed the market that the name of the Company has been changed from “Asian CERC Information Technology Ltd” to “Religare Technova Global Solutions Ltd” from November 12th 2008. |
 |
This company i know because they supply stock data to most of the sites, not just stock info i ment company info , Company news and also they take part in maintaining the data for Bseindia.They have been bought over by Religare and group of company.
About Religare Technova
Religare Technova is the IT arm of a multi-billion dollar diversified Indian transnational group, pursuing aggressive business interests in Financial Services, Health Care and Wellness, Aviation & Travel and IT services. Other group companies include Religare Enterprises, Fortis Hospitals, Religare Wellness, Religare Superlabs and Religare Voyages.
Tagged with:
Bombay Stock Exchange •
BSE Sensex •
crash •
Indices •
Stock exchange •
World MarketSensex saw another crash today , Market was down almost 303 points or almost 3 percent to close at 9,536.33, This is good compared to the 500 points crash that happened midway before closing , Market totally has gone down by 1000 points or so for 2 days , Whole Asian market was in RED,Sensex had some relief in the middle when the industrial data came out but that also dint stand for more than some hour.
Tagged with:
Business •
Economic •
Economic growth •
iip •
industrial-productionIndustrial production data came out today and its kind of improving compare to previous month data but really less compared to previous year data.The IIP was at 4.8 percent from a revised 1.4% growth in August 2008 , So Cumulative figure from April-September 2008 period was 4.9 percent which is almost 4.6 percent less compared to 9.5 percent, during the corresponding period last year.
Tagged with:
crash •
dow jones •
Dow Jones Industrial Average •
New York Stock Exchange •
S&P 500 •
World MarketUS market fell for the second consecutive day on Tuesday as economic fears and a prolonged recession and worries about corporate earnings all where overshadowed by information that US government for plan to help prevent foreclosures.So there was nothing in the market that helped it to go up.
What moved the market
>American Express gets Fed approval to convert to a bank holding company, will give it access to bailout package, other Fed measures
>Analysts slashing earnings estimates as economic outlook weakens
>Government to modify some GSE mortgages in an effort to prevent foreclosures
If the Global market goes like this soon we can see sensex hitting October 27th low.
- Author: Lalitha
- Filed under: Telecom
- Date: Nov 12,2008
Tagged with:
Bharti Airtel •
Communications in India •
gsm •
gsm numbers •
Mahanagar Telephone Nigam Limited •
TelecomTelecom authority of India released the October GSM number and the number is kind of good for the telecom company , its still in the increasing path like how it had been from the starting of the year.Going over the major telecom company GSM number .
>MTNL has added 66,097 subscribers in Oct 2008 versus 38,478 in Sept 2008
>Spice Communications has added 37,385 subscribers in Oct 2008 versus 36,614 in Sept 2008
>Idea Cellular has added 1.2 million subscribers in Oct 2008 versus 1.1 Million in Sept 2008
>Bharti Airtel has added 2.72 million subscribers in Oct 2008 versus 2.7 million in Sept 2008
More details of other telecom operators coming soon , but still Airtel is kind of the leader when it comes to GSM connections.
The value you see below is kind of cumulative number starting from January of 2008 to September 2008.If you need this detail please mail me i can send this in excel.
- Author: Lalitha
- Filed under: Results
- Date: Nov 11,2008
Tagged with:
Fiscal year •
Net profit •
result •
sector performanceBreweries And Distillery sector Performance for the September QTR Ending 2008 -Have removed those company which are showing loss and have put in only those which are showing profit.
|
Sales |
|
Net Profit |
|
| Company |
Sep-08 |
Sep-07 |
% Chg |
Sep-08 |
Sep-07 |
% Chg |
| Empee Distiller |
242.68 |
22.49 |
979.06 |
5.72 |
-3.22 |
Loss to
Profit |
| Tilaknagar Ind |
45.73 |
34.73 |
31.67 |
5.17 |
3.43 |
50.73 |
| Champagne Ind |
41.63 |
29.61 |
40.59 |
7.07 |
5.24 |
34.92 |
| United Spirits |
911.36 |
752.6 |
21.09 |
93.89 |
80.21 |
17.06 |
| Pioneer Distill |
19.95 |
15.47 |
28.96 |
2.77 |
3 |
-7.67 |
| Radico Khaitan |
173.92 |
212.61 |
-18.2 |
6.04 |
9.25 |
-34.7 |
| United Brewerie |
363.27 |
280.65 |
29.44 |
5.16 |
10.52 |
-50.95 |
| Haryana Suraj |
5.74 |
2.82 |
103.55 |
0.06 |
0.19 |
-68.42 |
| GM Breweries |
50.79 |
44.82 |
13.32 |
1.47 |
4.68 |
-68.59 |
| Shaw Wallace |
56.42 |
46.3 |
21.86 |
1.8 |
6.35 |
-71.65 |
| Mount Shivalik |
24.17 |
20.71 |
16.71 |
0.33 |
1.21 |
-72.73 |
I feel like Empee distilleries have show a very good sales and good turaround from loss to profit , but for the sales they have its very less profit , which means either profit margin is too less or some other issue.United spirits is kind of consistent.
Tagged with:
order_news •
valecha engineeringValecha Engineering has bagged almost won 2 projects one in Delhi and mumbai for Rs 160 crore The Delhi project is for 110 crore which is construction of bridge and the mumbai project is worth 50 crore which is for a Sky Walk projects at Mumbai .
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