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April 30, 2007
Hindusthan Lever Limited Declares Quarter Results - Not upto expectation stocks see some downtrend
HLL has declared its first quarter results. The company has posted net profit of Rs 333.86 crore in first quarter compared to Rs 294 crore in corresponding quarter of previous year.
Posted by rupya at 4:35 PM
Nitco Tiles , Noida Toll Bridge , Granules India
>Nitco Tiles has come out with Q4FY07 results. The company's net profit has increased by 71.5% to Rs 12.9 crore versus Rs 7.5 crore in corresponding quarter of previous year.
>Noida Toll Bridge has declared its fourth quarter numbers. The company has registered net profit of Rs 4 crore in fourth quarter versus Rs 11 crore.
>Granules India has come out with Q4FY07 results. The company has posted net profit of Rs 2.84 crore in fourth quarter versus Rs 2.79 crore in corresponding quarter of previous year
Posted by rupya at 4:32 PM
United Spirits , Patel Engineering , Shoppers Stop , Castrol announces Quarter Results
>United Spirits has come out with Q4FY07 results. The company has reported net profit of Rs 53.5 crore in fourth quarter versus Rs 17.7 crore in corresponding quarter of previous year.
>Patel Engineering has announced its fourth quarter results. The company has posted net profit of Rs 35.82 crore in fourth quarter versus Rs 23.41 crore in corresponding quarter of previous year.
>Shopper's Stop has announced its Q4FY07 result. In Q4 the company's retail turnover was at Rs 235.6 crore up by 38 %. During the same quarter , its operating profit at Rs 16.2 crore for the quarter up by 21%.
>Castrol has come out with first quarter results. The company's net profit has risen to Rs 41.5 crore in first quarter of this calender year as against Rs 32.1 crore in the same period of last year.
Posted by rupya at 4:25 PM
Vijaya Bank , Bank of Maharashtra and Andhra Bank comes out with Quarter Results
Vijaya Bank has announced its Q4 and FY07 results. The company has reported net profit of Rs 63.65 crore in fourth quarter versus loss of Rs 34.5 crore in corresponding quarter of previous year.
Bank of Maharashtra has declared its fourth quarter results. The bank has reported net profit of Rs 75.27 crore in fourth quarter.
Andhra Bank has come out with fourth quarter results. The company has registered net profit of Rs 139 crore as compared to Rs 138 crore in corresponding quarter of previous year.
Posted by rupya at 3:13 PM
Vijaya Bank , Bank of Maharashtra and Andhra Bank comes out with Quarter Results
Vijaya Bank has announced its Q4 and FY07 results. The company has reported net profit of Rs 63.65 crore in fourth quarter versus loss of Rs 34.5 crore in corresponding quarter of previous year.
Bank of Maharashtra has declared its fourth quarter results. The bank has reported net profit of Rs 75.27 crore in fourth quarter.
Andhra Bank has come out with fourth quarter results. The company has registered net profit of Rs 139 crore as compared to Rs 138 crore in corresponding quarter of previous year.
Posted by rupya at 3:13 PM
Mindtree Consulting , CESC and GBN have come out with Quarter Results
MindTree Consulting has announced its FY07 numbers. The company has reported net profit of Rs 90 crore in FY07 versus Rs 54.2 crore in FY06.
CESC has announced its Q4FY07 numbers. The company's fourth quarter net profit was up 38% at Rs 61 crore from Rs 44 crore.
GBN has announced its Q4FY07 results. The company has posted net profit of Rs 2.78 crore and revenues at Rs 29.06 crore in fourth quarter.
Posted by rupya at 3:05 PM
Reliance Communications declares Q4 Fy 2007 results - 154% hike in Profit
Reliance Communications has declared its Q4FY07 results. The company's net profit was up 154% to Rs 1,023.3 crore from Rs 403 crore in same period of last financial year
Posted by rupya at 3:03 PM
Puravankara Swan Lake chennai - Luxury Aprtments on OMR chennai
Puravankara Swan Lake chennai
A unique residential apartment that appeals to both your heart and mind. While the picturesque landscape, the impossible quietude and the world-class amenities around your home gladdens your heart, the rational part of you will quickly figure out that it's a worthwhile investment - simply because its located close to the IT corridor. For once, taking a decision is easy.
Project Details
Project Type: Residential Apartments
Location:OMR, Chennai.
Unit Types:2 & 3 Bedroom Apts.
Unit Sizes:1155 - 1805 sq. ft.
Unit Cost:Rs. 41 Lakhs onwards.US$ 91,000 onwards.
Project Status:Just Launched
Posted by rupya at 12:20 AM
April 29, 2007
Hiranandani Upscale Chennai - Integrated Township project at OMR Chennai
Hiranandani Upscale Chennai is on the IT Corridor (OMR). This township promises a business hotel, shopping centre, school and entertainment facilities for its residents.
Mr Surendra Hiranandani, Managing Director, Hiranandani Constructions, says his company sees Chennai as a major center for growth. With the State Government focusing on education and infrastructure, there are increased investments. These in turn will drive the demand for housing. Upscale is for the upper end of the middle-income group segment.
Location detail
Brochure
Posted by rupya at 11:58 PM
Indo Tech Transformers and Lanxess ABS declared the Quarter Results
Lanxess ABS has come out with its fourth quarter results of FY07. The company has reported net profit of Rs 8.72 crore in fourth quarter compared to Rs 4.34 crore in same period of last year.
Indo Tech Transformers has come out with Q4FY07 results. The company has reported net profit of Rs 10.3 crore in fourth quarter as against Rs 3.97 crore in corresponding quarter of previous year.
Posted by rupya at 12:55 PM
Cairn India and Upper Ganges comes announces Quarter Results
Cairn India has announced its first quarter results. The company has posted Q1 net profit of Rs 37.6 crore.
Upper Ganges has announced its Q3FY07 results. The company has posted loss of Rs 5.9 crore versus profit of Rs 10 crore in corresponding quarter.
Posted by rupya at 12:52 PM
Jubilant Organosys , Glaxo SmithKline and Nagarjuna Fertilisers comes out with Quarter Results
Jubilant Organosys has announced its Q4FY07 results. The company has reported net profit of Rs 63.8 crore in fourth quarter.
GlaxoSmithKline Pharmaceuticals has come out with Q1CY07 results. The company's net profit has increased to Rs 111 crore from Rs 101 crore.
Nagarjuna Fertilisers has announced its FY07 results. The company has posted net profit of Rs 31.71 crore versus Rs 66.9 crore in corresponding quarter of previous year.
Posted by rupya at 12:48 PM
Bank of Baronda , ICICI Bank , Corporation Bank and Oriental Bank of Commerce announces Quarter results
>Bank of Baroda has announced its Q4FY07 result. The bank in Q4 has posted net profit of Rs 245.66 crore versus Rs 208.8 crore in Q4FY06.
>ICICI Bank posted Q4FY07 net profit at Rs 825 crore versus from Rs. 790 crore (US$ 182 million) in Q4FY06, up 4% YoY.
>Corporation Bank has come out with Q4FY07 results. The company has posted net profit of Rs 118.47 crore in fourth quarter compared to Rs 100.3 crore in corresponding quarter of previous year.
>Oriental Bank of Commerce has announced its FY07 results. The company has reported net profit of Rs 826.81 crore versus Rs 803 crore in FY06.
Posted by rupya at 12:43 PM
HCL Infosystems and Polaris annouces Quarter Results
>HCL Infosystems has declared its Q3FY07 results. The company has posted net profit of Rs 88 crore versus Rs 84.3 crore in previous quarter.
>Polaris Software Lab has come out Q4FY07 results. The company has posted net profit of Rs 21.3 crore in fourth quarter versus Rs 32 crore in previous quarter.
Posted by rupya at 12:37 PM
Ozone to launch Metrozone - Mega integrated township in chennai Annanagar
Ozone is shortly to launch a Mega Integrated Township, in one of the most sought out residential destination of Chennai, Anna Nagar. It will be the first of its kind in Chennai, catering to the requirement of the upmarket clientele segment.
An integrated township in Annanagar which will provide you the experience the ‘LUXURY’ of life. With 28 acres of open space you’ll have enough to do for all your weekends through out the year. Splurging with life, the township boasts of world class amenities and facilities.
Posted by rupya at 2:25 AM
April 28, 2007
Deccan Aviation Declared its third Quarter Results
Deccan Aviation has decalred its third quarter results. The company's Q3 net loss at Rs 213 crore (Rs 2.13 billion).
Posted by rupya at 6:29 AM
Deccan Chronicle and AdLab Films announces Quarter results
Deccan Chronicle has announced its Q4 result. The company in Q4FY07 has posted net profit of Rs 25.6 crore versus Rs 48 crore, QoQ.
Adlabs Films has announced its Q4FY07 results. The company has reported net profit of Rs 15 crore in fourth quarter versus Rs 22.5 crore in previous quarter, a decline of 37%.
Posted by rupya at 6:26 AM
UTV Software , Educomp Solution , Firstsource Solutions and Aztech announces Quarter results
>UTV Software Communications has announced its FY07 results. The company's net profit was up at Rs 55.5 crore (Rs 555 million) from Rs 14.2 crore (Rs 142 million).
>Educomp Solutions Q4 net profit at Rs 13.13 crore versus Rs 6.67 crore.
>Firstsource Solutions has come out with Q4FY07 results. The company has posted net profit of Rs 35 crore and revenues of Rs 277 crore.
>Aztecsoft has come out with Q4FY07 results. The company has registered net profit of Rs 6.75 crore versus Rs 11.51 crore in previous quarter.
Posted by rupya at 6:20 AM
Bihar Caustics , Lanxess ABS and KPIT Cummins Announces Quarter Results
Bihar Caustic has announced its Q4FY07 results. The company has reported net profit of Rs 9.70 crore in fourth quarter as compared to Rs 18 lakh in corresponding quarter of previous year.
Lanxess ABS has announced its Q4FY07 results. The company's net profit was up at Rs 8.72 crore versus Rs 4.34 crore, YoY.
KPIT Cummins has announced its Q4FY07 results. The company's net profit has increased by 2.4% to Rs 14.06 crore from Rs 13.5 crore in previous quarter.
Posted by rupya at 6:16 AM
April 27, 2007
Bharti Airtel announces Q4 2007 results
Bharti Airtel Q4 net profit up 11.3% at Rs 1353 crore versus Rs 1215 crore, QoQ. The revenues of the company in Q4 was up 10.2% at Rs 5393 versus Rs 4892.9 crore, QoQ.It's EBIDTA in Q4 stood at Rs 2241 crore versus Rs 2005.5 crore in Q3FY07.The company posted net profit of Rs 4257 crore in FY07 versus Rs 2258.5 crore in FY06
Posted by rupya at 2:20 PM
Dividend announces on April 26th 2007
Posted by rupya at 12:16 AM
Hotel Leelaventure acquires 3 acres of lan in Delhi for 611 crores
Hotel Leelaventure Ltd has informed that the plot of land admeasuring 3 acres which was put to bid by National Buildings Construction Corporation Ltd (NBCC) was successfully bid by the Company at a price of Rs 611.00 Crores. The freehold plot is strategically located on Vinay Marg / Africa Avenue.
Posted by rupya at 12:12 AM
Parsvnath Developers launches Parsvnath Palacia in Greater Noida
Parsvnath Developers Ltd has performed Bhoomi Puja and launched Parsvnath Palacia in Greater Noida. This marks the beginning of construction for this magnificent group housing project. The cost of the project is Rs 200 crores approximately.
Posted by rupya at 12:09 AM
Results that are declares today - MICO , RNRL , 3i Infotech , Cipla , Hindustan Zinc , IDFC and more
>Mico has come out its Q1CY07 result. It has posted Q1 net profit of Rs 183 crore versus Rs 114.7 crore, up 60% YoY.
>Hikal has announced its fourth quarter results. The company's Q4 net profit is up at Rs 13.4 crore (Rs 134 million) from Rs 12.4 crore (Rs 124 million).
>Mahindra Gesco has declared its fourth quarter results. The company's Q4 net loss was at Rs 1.52 crore (Rs 15.2 million) versus profit of Rs 3.86 crore (Rs 38.6 million).
>Thomas Cook has announced its first quarter results. The company's Q1 net profit was at Rs 7.35 crore (Rs 73.5 million).
>RNRL has declared its fourth quarter results. The company's Q4 net profit was at Rs 7.34 crore (Rs 73.4 million).
>3i Infotech has announced its fourth quarter results. The company's Q4 consolidated net profit was up at Rs 32.2 crore (Rs 322 million) from Rs 27.9 crore (Rs 279 million).
>Alfa Laval has decalred its first quarter results. The company's Q1 net profit was up at Rs 24.4 crore from Rs 18.7 crore.
>Cipla has announced its fourth quarter results. The company's Q4 net profit was down at Rs 125.7 crore (Rs 1.25 billion) from Rs 190.7 crore (Rs 1.90 billion).
>Escorts has decalred its second quarter results. The company's Q2 net profit was at Rs 6.7 crore (Rs 67 million) versus loss of Rs 16.2 crore (Rs 162 million).
>Strides Arcolab has announced its Q4FY07 result. Its net profit was at Rs 7.74 cr versus Rs 8.96 cr.
>Hind Zinc has announced its fourth quarter results The company's Q4 net profit is up at Rs 935 crore (Rs 9.35 billion) versus Rs 802 crore (Rs 8.02 billion).
>Balrampur Chini has declared its second quarter results. In the second quarter the company has registered net profit of Rs 20 crore versus Rs 79.4.
>SKF India has declared it fourth quarter results. In Q4FY07 the company has registered net profit of Rs 36.6 crore versus Rs 22.5 crore in the corresponding quarter previous year.
>Cadila has announced its Q4FY07 result. The company has registered net profit of Rs 205 crore in Q4FY07 versus Rs 165 crore, YoY.
>Sakthi Sugars has announced its Q3FY07 result. It posted net profit of Rs 9.1 cr in Q3 versus Rs Rs 34 crore.
>Nicholas Piramal has decalred its fourth quarter results. The company's Q4 net profit is up at Rs 54.9 crore from Rs 15.17 crore in the corresponding quarter previous year.
>ABB has decalred its first quarter results. The company's Q4 net profit was at Rs 57.1 crore (Rs 571 million).
>Akruti Nirman has decalred its fourth quarter results. The company's Q4 net profit was at Rs 57.1 crore (Rs 571 million).
>Indoco Remedies has announced its Q3FY07 result. Its net profit was up at Rs 2 cr versus Rs 1.42 cr.
>Bilpower has declared its fourth quarter results. The company's Q4 net profit was up at Rs 7.75 crore (Rs 77.5 million) from Rs 3.40 crore (Rs 34 million).
>IDFC has announced its Q4FY07 result. The company in Q4 has posted standalone net profit of Rs 85.09 crore versus Rs 73.5 crore, up 15.7% YoY. During the corresponding quarters its net interest income was up 22.8% YoY at Rs 139.80 crore versus Rs 113.7
Posted by rupya at 12:01 AM
April 26, 2007
Reliance Industries announces Q4 results - Net profit up 20.3% at Rs 2,853 crore
Reliance Industries has once again come out with surprising quaterly result wherein the company posted Q4 net profit of Rs 2853 crore versus Rs 2502 crore, up 20.3%, YoY.Its Q4FY07 net turnover was at Rs 25895 crore versus Rs 24542 crore, YoY and the Q4 GRM hits USD 13/bbl versus USD 11.30/bbl in previous quarter of same fiscal. Its Q4 EPS was at Rs 20.50 and Q4 EBITDA Margin was at 18.1%.
Posted by rupya at 6:07 PM
L&T Secures Rs 200 Cr Order for Building Project in Dubai
Larsen & Toubro Ltd has announced that the Company has bagged a Rs 200 crore order from Nakheel, UAE, to build a prestigious residential project in Dubai.The project will be executed by ECC, the Company's Construction Division, and marks the growing presence of the Company in the thriving construction market of the Middle East.
Posted by rupya at 8:54 AM
Sun TV launches Kids Channel Chutti TV
Sun TV Network Ltd has informed BSE that the Company will be launching a kid's channel "CHUTTI TV" from April 29, 2007 onwards.
Posted by rupya at 8:52 AM
Everest Kanto Cylinder has bagged export orders worth 220 crore
Everest Kanto Cylinder Ltd on April 25, 2007 has announced that the group has bagged exports orders worth Rs 220 crore for the supply of specialized cylinders.
Posted by rupya at 8:46 AM
3i Infotech Declares dividend and bonus
3i Infotech Ltd has approved the following subject to shareholders approval:
1. Recommendation of dividend of Rs 2 par share.
2. Increase of Authorised Equity Capital from Rs 1,500 million to Rs 3,000 million.
3. Issue of Bonus shares in the ratio of 1:1.
4. New Employees' Stock Option Scheme, 2007.
Posted by rupya at 8:30 AM
April 25, 2007
Glenmark Pharma and Godrej consumer announces Quarter Results
>Glenmark Pharma has announced its fourth quarter results. The company has reported net profit of Rs 62.56 crore versus Rs 25.07 crore in corresponding quarter of previous year.
>Godrej Consumer has come out with Q4FY07 results. The company has posted Q4 net profit of Rs 39.4 crore versus Rs 30.6 crore in same period of previous financial year.
Posted by rupya at 2:44 PM
Allcargo Global and Essar Oil announces Quarter Results
Allcargo Global announced its Q4FY07 result. In the fourth quarter of FY07, it reported net profit of Rs 20.4 crore versus Rs 12.7 crore, QoQ.
Essar Oil announced its Q4 FY 07 numbers. The company reported net profit of Rs 99 lakh in the fourth quarter of FY07 versus loss of Rs 37.84 crore in Q4FY06.
Posted by rupya at 2:42 PM
Paradyne Infotech and Patni Computers announces Quarter results
>Paradyne Infotech Consolidated Q4FY07 net profit was at Rs 9.28 crore. The company posted net revenue of Rs 73.7 crore and the operating profit margin was at Rs 16.57%.
>Patni Computer has announced its first quarter results. The company has reported net profit of Rs 134 crore in first quarter versus Rs 113.49 crore in previous quarter.
Posted by rupya at 2:31 PM
Tata Metaliks and Nalco declares Fourth Quarter Results
>Tata Metaliks has declared its fourth quarter results. The company has registered net profit at Rs 15.4 crore as compared with Rs 12 crore.
>Nalco has declared its Q4FY07 results. The company has posted net profit of Rs 591 crore in fourth quarter versus Rs 608 crore in corresponding quarter of previous year.
Posted by rupya at 2:28 PM
Tripex Overseas plans Bonus Issue
Tripex Overseas Ltd to consider issue of bonus shares to the shareholders of the company.More info will be coming on the same on April 30th 2007.
Posted by rupya at 12:28 AM
Parsvnath to Develop Metro Station Cum Mall at Common Wealth Games Village
Parsvnath Developers surged today in the market as they came put with a news saying that the Company in a significant deal bagged a new project from Delhi Metro Rail Corporation to develop a prestigious integrated Shopping Mall and Metro Station at the Games Village complex. This is the second DMRC project after Azadpur Metro Station for which the Company has been awarded to construct the metro station with shopping mall.
Posted by rupya at 12:18 AM
Reliance Capital , Maruti ,HDFC Bank , Bank of India and more Declares Dividend
Posted by rupya at 12:18 AM
Elder Pharma annpunces Q4 FY2007 results
The company has posted net profit of Rs 14.95 crore in fourth quarter versus Rs 12.7 crore in corresponding quarter of previous year.
Posted by rupya at 12:12 AM
Kale Consultants , Mtnl and Zensar technology announces Quarter results
Kale Consultants has come out with Q4FY07 results. The company has registered net profit of Rs 3.35 crore versus Rs 1.20 crore in previous quarter.
MTNL has announced its Q4FY07 results. The company has posted net profit of Rs 206 crore versus Rs 224 crore in previous quarter.
Zensar Technologies has declared its Q4FY07 results. The company has reported net profit of Rs 17 crore in fourth quarter versus Rs 13.22 crore in previous quarter.
Posted by rupya at 12:08 AM
Maruti Udyog has announced its quarter results and Recommends Dividend
The company has posted net profit of Rs 448 crore versus Rs 360.9 crore in corresponding quarter of previous year.Total Income is Rs 46347.40 million for the quarter ended March 31, 2007 where as the same was at Rs 33922.70 million for the quarter ended March 31, 2006.
Maruti Udyog Ltd has recommended a final dividend of 90% i.e. Rs 4.50 per share (Nominal Value of Rs 5.00 per share) for the financial year 2006-07 (Fiscal: 2005-06: 70%).
Posted by rupya at 12:08 AM
HDFC Bank , Yes Bank and Mahindra & Mahindra Finance comes out with Q4 Results
>HDFC Bank has announced its Q4FY07 results. The company has posted net profit of Rs 343.57 crore in fourth quarter versus Rs 263.21 crore in corresponding quarter of previous year.
>Yes Bank has come out with Q4FY07 results. The company's net profit is up at Rs 30.9 crore versus Rs 15.3 crore.
>Mahindra & Mahindra Finance has come out with its Q4 result. It has posted Q4 net profit of Rs 57.7 crore versus Rs 47.20 crore during the Q4FY06.
Posted by rupya at 12:01 AM
April 24, 2007
Bajaj Hindustan announces Second Quarter results
Bajaj Hindustan has announced its second quarter results. The company has reported net profit of Rs 3.66 crore in the second quarter versus Rs 64 crore in corresponding quarter of previous year.
Posted by rupya at 11:58 PM
Sun TV Board recommends Bonus Issue
Sun TV Network Ltd has recommended an issue of Bonus Shares (Stock Dividend) on the Company's equity shares in the ratio of one additional equity share for every one equity share (1:1) held by the Members.
Posted by rupya at 2:17 PM
RBI keeps the Rates untouched , No hike in any Rates - Bank stocks Spurts
The market surged soon after news filtered in that the Reserve Bank of India (RBI) had kept all policy rates, the CRR, repo, reverse repo rate and bank rates unchanged in its monetary policy announced today.Banking stocks are the only one that rose , i dint expect this decision from Reserver Bank , with Inflation of prev week data shoing a very good increase i thought they would do some rate hikes which dint seems to happen , But again todays decision doesnt mean anything , on friday the Inflation data might come back and if we see a increase then may be on friday itself RBI might step in to do some damage control .
Posted by rupya at 2:02 PM
Hexaware has declared its Q1FY07 results
The company's net profit was up at Rs 35.2 crore (Rs 352 million) from Rs 33.5 crore (Rs 335 million) in the previous quarter.Revenue has increased to Rs 264 crore (Rs 2.64 billion) compared to Rs 240.2 crore (Rs 2.4 billion) in the previous quarter.
Posted by rupya at 1:57 PM
Barclays to buy Abn Amro for 91 Billion dollar - Biggest bank deal ever
British bank Barclays Plc has agreed to buy Dutch rival ABN AMRO for about 67 billion euros ($91 billion) in shares as it fights off rivals to clinch the world's biggest bank takeover.
Posted by rupya at 9:11 AM
Franklin Templeton Capital Protection Oriented Fund (FTCPOF)
to protect the capital by investing in high quality fixed income securities as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective. |
|
The Initial Issue Expenses up to 3.25% (in case of 3 Years Plan) and 4.25% (in case of 5 Years Plan) Not Applicable may be charged to the respective Plans and the same will be amortised over the tenor of the respective Plans. Initial Issue Expenses in excess of 3.25% (in case of 3 Years Plan) and 4.25% (in case of 5 Years Plan) will be borne by the AMC. |
|
Posted by rupya at 8:42 AM
Reliance Capital Ltd has announced for the quarter & year ended March 31, 2007
The results for the Quarter ended March 31, 2007
The Company has posted a net profit after tax of Rs 3119.50 million for the quarter ended March 31, 2007 as compared to Rs 2855.90 million for the quarter ended March 31, 2006. Total Income has increased from Rs 3223.30 million for the quarter ended March 31, 2006 to Rs 4073.70 million for the quarter ended March 31, 2007.
The results for the Year ended March 31, 2007
The Company has posted a net profit after tax of Rs 6461.80 million for the year ended March 31, 2007 as compared to Rs 5376.10 million for the year ended March 31, 2006. Total Income has increased from Rs 6520.20 million for the year ended March 31, 2006 to Rs 8838.60 million for the year ended March 31, 2007.
Posted by rupya at 1:06 AM
Results to be Declared on April 24h 2007 - Hexaware , Maruti , Hdfc Bank and more
Posted by rupya at 1:05 AM
Punj Lloyd secures Contract by Reliance Gas Transportation Infra Ltd
Punj Lloyd Ltd has informed BSE that the Company has been awarded a contract by Reliance Gas Transportation Infrastructure Ltd to execute a contract for construction of 48" x 122 KM of East West Gas Pipeline and associated facilities for a value of Rs 180.16 crores.
Posted by rupya at 1:04 AM
Dividend declared on April 23rd 2007 - Indian Bank ,Indian Overseas Bank , Bank of India .Titan and more
Posted by rupya at 12:48 AM
Era Constructions mobilises NTPC Dadri Contact
Era Constructions India Ltd has mobilised the NTPC, Dadri Project for construction of civil works for thermal power project for generation of (2 x 490) 980 MW thermal power for supply to Delhi and its neighboring areas. The contract value of the project is Rs 1889.40 millions excluding the cost of Cement and Steel.
Posted by rupya at 12:38 AM
Siemens announces its Q2 results for FY2007
Siemens has announced its Q2 numbers. Its net profit is at Rs 108.1 crore vs Rs 117.83 crore. Its net sales are at Rs 2129 crore Vs Rs 1,114.9 crore.New orders are up by 22% at Rs 1947.7 crore. Its operating income is 157 crore.
Posted by rupya at 12:34 AM
Rolta announced its Q3 results for FY2007
Rolta has announced its Q3 results . Its net profit is at Rs 45.53 cr vs Rs 40.9 cr (QoQ) whiles its revenues are at Rs 185.59 crore vs Rs 168.1 crore.
Posted by rupya at 12:32 AM
April 23, 2007
Maruti Udyog cuts prices from 3000 to 5000 rupees on all its Car ranges
India's top car maker, Maruti Udyog Ltd., has cut prices by 3,000 rupees to 5,000 rupees after Haryana reduced a concessional central state tax by 1 percent, a newspaper said on Monday.The tax is levied on inter-state sale of goods. Maruti's factories are located in Haryana, Think this move by the Company will get atleast the retailers to think of buying maruti car who might have decided not to go now because of the interest rate hike.source : Reuters
Posted by rupya at 3:36 PM
Ceat has announced its Q4FY07 results - impressive numbers
Ceat has announced its Q4FY07 results. The company has reported net profit of Rs 23.4 crore versus Rs 4.93 crore in corresponding quarter of previous year.
Posted by rupya at 3:30 PM
Indian Bank and Indian Overseas bank come out with fourth quarter results
Indian Bank has announced its fourth quarter results. The company has reported net profit of Rs 235 crore in fourth quarter.
Indian Overseas Bank has declared its Q4FY07 results. The company has posted net profit of Rs 290 crore in fourth quarter as against Rs 204.5 crore in same period of previous year.
Posted by rupya at 3:29 PM
Power Finance Corporation and South Indian Bank annonces its Quarter Results
>Power Finance Corporation has announced its FY07 annual result. The company has posted net profit of Rs 983 crore versus Rs 971 crore, YoY
>South Indian Bank has announced its fourth quarter results. The company has reported net profit of Rs 22.5 crore in fourth quarter versus Rs 16 crore in corresponding quarter of previous year.
Posted by rupya at 2:31 PM
JP Hydro and Shree Digvijay Cement announces its Fourth Quarter Results
>JP Hydro has announced its Q4FY07 results. The company in Q4 has posted net profit of Rs 102.2 crore including prior period adjustment of Rs 54 crore versus Rs 85.1 crore, YoY.
>Shree Digvijay Cement has announced its fourth quarter results. The company's Q4 net profit is up at Rs 37.5 crore (Rs 375 million) versus Rs 16.5 crore (Rs 165 million).
Posted by rupya at 2:21 PM
Hanung toys , ITI , JK paper announces its quarter Results
>Hanung Toys has announced its Q4FY07 result. The company has posted net profit of Rs 8.67 crore in Q4 versus Rs 8.21 crore in the third quarter of FY07.
>ITI has declared its fourth quarter results. The company has reported net loss of Rs 7.2 crore in fourth quarter versus loss of Rs 120 crore in corresponding quarter of previous year.
>JK Paper has announced its fourth quarter results. The company’s Q4 net profit was up at Rs 11.86 crore (Rs 118.6 million) from Rs 8.65 crore (Rs 86.5 million)
Posted by rupya at 2:19 PM
Merck has announced its first quarter results.
>Merck has announced its first quarter results. The company's Q1 net profit was down at Rs 15.9 crore (Rs 159 million) versus Rs 18.4 crore (Rs 184 million).
Posted by rupya at 2:18 PM
Clutch Auto , LML , Monet Ispat and Euro Ceramics have posted its Fourth Quarter Results
>Clutch Auto has come out with fourth quarter results. The company has posted net profit of Rs 7.07 crore in fourth quarter versus Rs 4.10 crore
>LML has announced its Q4FY07 result. The company has posted net loss of Rs 15.3 crore versus Rs 14.4 crore (QoQ).
>Monnet Ispat has announced its fourth quarter results. The company's Q4 net profit was up at Rs 42.8 crore (Rs 428 million) from Rs 21.9 crore (Rs 219 million).
>Euro Ceramics has declared its fourth quarter results. The company's Q4 net profit was at Rs 10.8 crore (Rs 108 million).
Posted by rupya at 2:15 PM
Oudh Sugar and KM sugars have come out with Quarter Results
>Oudh Sugar has announced its Q3FY07 result. The company has posted net loss of Rs 41 lakh versus profit of Rs 19.95 crore (YoY).
>KM Sugar has declared its fourth quarter results. The company's Q4 net loss at Rs 1.67 crore versus profit of Rs 4.79 crore.
almost all the company in Sugar sector will post a Net loss other than the big players.
Posted by rupya at 2:12 PM
Bank of India has announced its fourth quarter results
The company has reported net profit of Rs 447.4 crore versus Rs 254.42 crore in same period of previous year.
Posted by rupya at 1:29 PM
Results Declared for April 23rd 2007 - Siemens , Indian Bank and much more
Posted by rupya at 10:31 AM
Aries Agro IPO files for DRHP with SEBI
Aries Agro, a plant nutrition solutions company, has announced a major expansion programme that will take total manufacturing capacity to 95,400 tonnes per annum (tpa) from 21,600 tpa by the year-end.Apart from the 32,400 tpa manufacturing facility it opened on Wednesday, the Mumbai-based company would open two others in Ahmedabad and Lucknow catering to the Western, Northern and Central States.
To support expansion plans, the company will come out with a public issue in the next few months to raise Rs 54 crore. "We have filed a draft red herring prospectus with the SEBI, the NSE and the BSE," he said.The company registered turnover of Rs 74 crore in 2006-07 against Rs 59 crore in the previous year.
Posted by rupya at 9:00 AM
Burnpur Cement IPO - files for DRHP with Sebi
BURNPUR CEMENT LIMITED is one of the most reputed and large integrated private sector cement companies. The events leading to the establishment of the Company had their origin in the 1980’s. Incorporated under Company’s Act, the Organisation started with the name Ashoka concrete & Allied Industries Pvt. Ltd., with the brand name “BURNPUR CEMENT”.
Posted by rupya at 8:30 AM
Uma Precisions IPO - Files for DRHP with Sebi
UMA Precision are ISO/TS 16949 — 2002 certified and practicing TPM (Total productive maintenance) company to achieve excellence in manufacturing. The company has evolved in to a group of companies.The group has manufacturing facilities for precision assemblies, systems and machined parts at six locations in India. They also have surface treatment facilities like heat treatment, plating and phosphate coating.They have applied for DRHP with SEBI for IPO for further expansion.
Posted by rupya at 8:25 AM
Koutons Retail India Limited IPO files for DRHP with sebi
Koutons Retail IPO from Koutons Retail which is a leading garment manufacturing and exporting company is all set to tap the Indian capital markets. Koutons Retail has filed the draft red herring prospectus with SEBI and is waiting for SEBI’s approval. Koutons Retail was started by Mr. D.P.S Kohli & Mr. B.S.Sawhney in early 1991. Leading Indian private equity firm, UTI Ventures has invested in Koutons Retail and might exit or dilute its stake post IPO.
Koutons Retail India is planning to cross Rs1,000 crore turnover in next two years, following the rising domestic demand of garments in India. Last year, Koutons Retail’s turnover was Rs. 160 crore and this year it is expected to reach Rs. 400 crore. Koutons Retail is also planning to explore readymade women’s wear market. Koutons Retail has registered 130 percent growth and hence Rs. 1,000 crore target is not unachievable.
Passport India Investments (Mauritius) has picked up 6,00,000 equity shares in Koutons Retail India for an investment amount of Rs 210 million. Passport has been allotted the equity shares at a fixed price of Rs 350 per equity share.With this infusion Koutons Retail India has raised an aggregate amount of Rs 1,216 million as private equity since June, 2006. The earlier investors were UTI Venture Funds Management Company and Argonaut Ventures.
For Koutons Retail IPO Allotment status and IPO info come back here.
Posted by rupya at 8:16 AM
Power Grid Corporation IPO - PGCIL IPO - Files for DRHP with SEBI
Transmission major Power Grid Corporation (PGCIL) IPO has filed draft prospectus with Sebi for its initial public offer (IPO) and divestment of government equity. Power Grid is looking at accessing the capital market with its public offer by June. The company will issue 10% fresh equity in the market and the government will sell 5% stake in the corporation.The state-owned transmission major has a paid-up capital of Rs 3,800 crore and each share would carry a face value Rs 10. Sources declined to say the amount that is likely to be raised from the issue. The company has planned an investment of Rs 6,500 crore in the current fiscal and an investment of Rs 55,000 crore in the Eleventh Plan period (2007-2012).
The proceeds from the 10% fresh equity would be retained by the company to part-finance upcoming projects, portion of the proceeds from the 5% disinvestment will go to the government, and a portion will be retained by the company.PGCIL posted net profit of Rs 799 crore for 2006-07. Over the next five years, the company plans to increase the capacity of its inter-regional power transmission capacity to 37,000 MW from about 12,000 MW at present.
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Posted by rupya at 7:57 AM
Power Grid Corporation IPO - PGCIL IPO - Files for DRHP with SEBI
Transmission major Power Grid Corporation (PGCIL) IPO has filed draft prospectus with Sebi for its initial public offer (IPO) and divestment of government equity. Power Grid is looking at accessing the capital market with its public offer by June. The company will issue 10% fresh equity in the market and the government will sell 5% stake in the corporation.The state-owned transmission major has a paid-up capital of Rs 3,800 crore and each share would carry a face value Rs 10. Sources declined to say the amount that is likely to be raised from the issue. The company has planned an investment of Rs 6,500 crore in the current fiscal and an investment of Rs 55,000 crore in the Eleventh Plan period (2007-2012).
The proceeds from the 10% fresh equity would be retained by the company to part-finance upcoming projects, portion of the proceeds from the 5% disinvestment will go to the government, and a portion will be retained by the company.PGCIL posted net profit of Rs 799 crore for 2006-07. Over the next five years, the company plans to increase the capacity of its inter-regional power transmission capacity to 37,000 MW from about 12,000 MW at present.
Posted by rupya at 7:57 AM
April 21, 2007
Fortis Healthcare Ltd IPO oversubscribed by 2.78 times
Fortis Healthcare Ltd IPO oversubscribed by 2.78 times , at least it got oversubscribed fully , it got mixed reaction from all the brokerage houses.Will see what it lists on the market.
Posted by rupya at 4:08 PM
IDBI , Sasken Communication ,Shree Renuka Sugars and Gujarath Ambuja Declares respective Quarter FY2007 results
IDBI Q4 FY07 NII down at Rs 212.70 Cr from Rs 334.9 Cr; Net Profit up at Rs 213.54 Cr from Rs 201.24 Cr
Sasken Communications Q4 QoQ net profit at Rs 11.7 Cr Vs Rs 12 Cr
Shree Renuka Sugar Q1 net profit at Rs 12.7 Cr Vs Rs 17 Cr
Gujarat Ambuja Q1 net profit at Rs 590 Cr, net sales at Rs 1434 Cr Vs Rs 924.30 Cr
Posted by rupya at 2:04 AM
April 20, 2007
Inflation for week ended April 7 increases again to 6.09 percent
Inflation for week ended April 7 at 6.09% vs 5.74%. Market had estimated 5.79%. The Apr 7 WPI for all commodities is 210.8, up 0.4% from week ago. Apr 7 primary articles index is at 218.9, up 1.4% on week. Higher inflation is not good for the market and also may have RBI increase the rate again next week.
Posted by rupya at 2:38 PM
Exide Industries has declared fourth Quarter results for FY2007
Exide Industries has announced its fourth quarter results. The company's Q4 net profit has increased by 48.6% to Rs 38.5 crore (Rs 385 million) from Rs 25.9 crore (Rs 259 million).Think after seeign a good performance from Exide one can go ahead and buy Amara Raja Batteries
Posted by rupya at 2:34 PM
India Cements has declared its Q4FY07 results - Above Expectation
India Cements has declared its Q4FY07 results. The company has posted net profit of Rs 139 crore (Rs 1.39 billion) in fourth quarter versus Rs 24 crore (Rs 1240 million) in corresponding quarter of previous year.Its net sales has stood at Rs 673 crore (Rs 6.73 billion) versus Rs 422.76 crore (Rs 4.22 billion).No idea what the brokers and retail investor are expecting from the company they have exceeded the market expectation but still they want to get it down.
Posted by rupya at 2:29 PM
Satyam Declares Q4 FY2007 Results
Satyam has posted Q4 QoQ net profit up 17% at Rs 394 crore from Rs 337.2 crore while its revenues has been up 7% at Rs 1779 crore from Rs 1,661.1 crore.
FY08 Guidance :
FY08 revenues are seen at Rs 7,793-7,916 crore while FY08 EPS is seen at Rs 25.32-25.73
Posted by rupya at 10:48 AM
Wipro Declares Q4 FY2007 results - Impressive Performance
>Wipro Q4FY07(QoQ) net profit up 11.84% from Rs 765 Cr to Rs 856 Cr
>Q4FY07(QoQ) Global IT revenues up % from Rs 2875.5 Cr to Rs 3084 Cr
>Q3FY07(QoQ) revenues up 8.89% from Rs 3979 Cr to Rs 4333 Cr
Q1FY08 Guidance:
Global IT revenues: $ 711 million
Sequential growth of 2% required to meet Q1 guidance
Posted by rupya at 10:46 AM
Dividend declared on April 19th 2007 - Biocon declares Dividend
532523 Biocon Ltd. has BC 02/07/2007 TO 19/07/2007 for 60% Dividend
508996 Satra Properties(India) Ltd has RD as 04/05/2007 for 10% Third Interim Dividend
532615 ETC Network Limited declares10 % Dividend
500243 Kirloskar Oil Engines Ltd., declares 100 % Final Dividend
509966 VST Industries Ltd., declares 200 % Dividend
Posted by rupya at 1:07 AM
Standard Chartered Mutual Fund declares Dividend in Arbitrage Fund
Equity Diversified Fund
StanChart Arbitrage - Inst (D) on 20/04/07 for 0.080
StanChart Arbitrage Fund (D) on 20/04/07 for 0.080
Posted by rupya at 1:05 AM
Fidelity International Opportunities Fund (G) - New Fund Offer Currently Open
Issue Open : 09-Apr-2007
Issue Close : 30-Apr-2007
Scheme Objective
Fidelity International Opportunities Fund is an open-ended equity scheme. The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives in the Indian and international markets.
Mutual Fund Family : Fidelity Fund Management Pvt. Ltd.
Fund Class : Equity Diversified
Fund Type : Open-Ended
Investment plan Growth
Entry Load 2.25 %
Exit Load 1.00 %
Posted by rupya at 1:03 AM
ICICI Prudential Asset Management Company launces cheapest SIP option
The competition in the mutual fund industry is getting hotter with ICICI Prudential Asset Management Company offering Rs 50 per month as the minimum investment amount in its Systematic Investment Plan (SIP). That will make it the lowest in the industry with Reliance Mutual Fund last week reducing the minimum investment in SIP to Rs 100 per month. Both fund houses claim the measure will help an increased number of investors to benefit from investing in mutual funds.
Posted by rupya at 1:01 AM
JPMorgan India Equity Fund - Opened Today
JPMorgan Asset Management India Pvt. Ltd. (JPMAMIPL) has launched its maiden domestic fund, JPMorgan India Equity Fund. The fund is open ended, equity growth scheme, which aims to generate income and long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives. The new fund offer is open from 19th April to 18th May 2007, units in the Fund will be priced at Rs.10 during the new fund offer.
Posted by rupya at 12:48 AM
April 19, 2007
ACC Ltd announces Q1 results
The Company has posted a profit after exceptional items & provision for taxation of Rs 3637.50 million for the quarter ended March 31, 2007 where as the same was at Rs 2354.20 million for the quarter ended March 31, 2006. Total Income (net of excise) is Rs 17032.20 million for the quarter ended March 31, 2007 where as the same was at Rs 13757.50 million for the quarter ended March 31, 2006.
Posted by rupya at 6:22 PM
MRF anf Tanla Solution came out with Q2 and Q4 results
>MRF Q2 net sales at Rs 1087 Cr Vs Rs 879.6 Cr, net profit at Rs 35.7 Cr Vs Rs 5.8 Cr
>Tanla Q4 consolidated net profit at Rs 34 Cr Vs Rs 23.3 Cr (QoQ), revenue at Rs 78 Cr Vs Rs 56.7 Cr
Posted by rupya at 6:20 PM
Sterling Biotech Ltd posted resyult for 2007 march 31
The Company has posted a net profit of Rs 380.562 million for the quarter ended March 31, 2007 as compared to Rs 302.354 million for the quarter ended March 31, 2006. Total Income has increased from Rs 1346.958 million for the quarter ended March 31, 2006 to Rs 1763.532 million for the quarter ended March 31, 2007.
Posted by rupya at 6:08 PM
Kirloskar Brothers extension of the contract with Government of andhra
Kirloskar Brothers Ltd has has received an extension of order from the Government of Andhra Pradesh, Irrigation and CAD Department, in respect of increasing capacity of Gandikota Lift Irrigation Scheme from 4 TMC to 6 TMC to irrigate 88465 acres. The total Contract is of Rs 336.22 crores.
Posted by rupya at 5:48 PM
Punj Lloyd secures a Contract for a value of 200 crore
Punj Lloyd Ltd has been awarded a contract by Ras Laffan Olefins Company Ltd, USA to execute a contract for construction of Dense Phase Ethylene and Butene Pipelines between Ras Laffan and Mesaieed Industrial cities in the State of Qatar for a value of US $ 44.90 Mn.
Posted by rupya at 5:47 PM
Parsvnath Developers performs boomi pooja for Parsvnath Royale in Panchkula
Parsvnath Developers Ltd has performed the earth breaking ceremony and launched Parsvnath Royale, a premium multistoryed group-housing complex in Panchkula. Parsvnath Royale, a 146 Crores project is spread over an area of 7.2 acres and is strategically located in the heart of the city. This land is a part of license number 610/2006 in the name of Samar Estates Pvt Ltd.
Posted by rupya at 4:08 PM
Advanta India lists today currently trading at 900
Advanta has listed at Rs 660 vs issue price of Rs 640.And Currently trading at 900 rs , think it has catch some fever from ICRA.
Posted by rupya at 11:58 AM
Madras Aluminium announces Q3 2006 - 2007 results
Madras Aluminium has announced its Q3 results. Its net profit is at Rs 42.2 crore vs Rs 26.4 crore. Its net sales are at Rs 139.4 crore vs Rs 123.4 crore.
Posted by rupya at 11:54 AM
Biocon declares 2006 - 2007 Q4 Results - just above expectation
Biocon has announced its Q4 results. Its consolidated net profit is at Rs 60.7 crore vs Rs 48 crore. Its net sales are at Rs 278 crore vs Rs 214 crore
Posted by rupya at 11:52 AM
Praj Industries Q4 net profit at Rs 27 Cr Vs Rs 10.5 Cr
Praj Industries Q4 net profit at Rs 27 Cr Vs Rs 10.5 Cr, reveneus at Rs 205 Cr Vs Rs 95.5 Cr.Its reveneus have been at Rs 205 crore Vs Rs 95.5 crore.
Posted by rupya at 11:50 AM
April 18, 2007
Valecha Engineering secures Road Projects and starts its ground engineering operations in Middle East
Valecha Engineering Ltd has recently bagged new projects worth Rs 100 crores which include road works at New Delhi, Punjab, & Arunchal Pradesh and Diaphragm Wall works for Delhi Metro Rail Corporation Ltd.
The Company from being pan India presence in major infrastructure projects has embarked in the middle east in the name of 'Valecha-Gulf'. The Company has acquired plant and machinery and resources worth USD 5 million for its middle east projects and has Rs 100 crores for the works on hand of ground engineering and Villa projects. The key projects are:
1. Palms Jumera Projects Island.
2. Foundation for sky scraper Towers.
Posted by rupya at 3:34 PM
Reliance Capital Open Offer to the Shareholders of TV Today Network Ltd to buy 20 percent of share capital
Reliance Capital Ltd has informed BSE that the Company presently holds approximately 12% stake in TV Today Network Ltd ("TV Today").TV Today is one of India's leading media Companies, which, inter alia, runs 24 hours news and current affairs channels, namely Aaj Tak, Tez and Dilli Aaj Tak in Hindi, and Headlines Today in English.
The Company has strong confidence in the future prospects and growth potential of TV Today, and wishes to increase its stake beyond the threshold of 15% specified under the SEBI Takeover Regulations. Accordingly, to meet the procedural requirements under the Regulations, the Company will make an open offer to facilitate the increase in shareholding beyond the aforesaid 15% level. This will not result in any change in the management and / or control of TV Today.The Open Offer will be made for acquisition of the mandatory 20% share capital of TV Today from the existing shareholders, at a price of Rs 130.50 per share, amounting to approximately Rs 150 crore. The Offer Price of Rs 130.50 reflects an approximately 7% discount to the last closing market price of TV Today of Rs 140.20.
Posted by rupya at 12:54 PM
Gujarat ambuja Exports declares Q4 2007 - 2007 results
Gujarat Ambuja Exports Q4 net profit at Rs 11.2 Cr vs Rs 6.49 Cr, net sales at Rs 355.8 Cr vs Rs 351.9 Cr .Gujarat Ambuja Exports Q4 net profit at Rs 11.2 crore vs Rs 6.49 crore.Net sales at Rs 355.8 crore vs Rs 351.9 crore.
Posted by rupya at 12:48 PM
Saamya Biotech IPO Files for DRHP with SEBI
Saamya Biotech (India) Ltd. (SBIL), is a new generation Biotechnology company incorporated in India (Hyderabad) with the aim to manufacture and market biopharmaceuticals and recombinant protein products of medical and industrial importance, and also to discover and develop emerging biotech products of far reaching significance. The company proposes to set up world class facilities for the manufacture of fermentation based high value Biotech Products. The company embarks on developing effective strategies for the production and supply of both bulk and formulations with special focus on life saving drug entities at affordable price.
Posted by rupya at 1:10 AM
Results Declared for April 18th 2007 - Praj Industries Bonus Issue
ABL BIOTECHN Right Issue of Equity Shares
DIC INDIA Right Issue of Equity Shares
GENUS OVER E Results
GRUH FINANC Dividend
NEELAMA AGRO Results
PRAJ INDUSTR Bonus issue
SAMTEX FASHI Results
SUJANA METAL Results
TECIL CHEM. Results
VMF SOFT TEC Results
DHRUV ESTATE Results
FLAWLE DIAMO Results
GREAVES COTT Results
INFOTECH ENR Results,Dividend
PLETHICO Results
PRITHVI INFO Dividend,Results
SOUTH EAMECL Results
SUJANA UNIV Results
TERASOFTWARE Results
VST INDUSTRI Results,Dividend
Posted by rupya at 12:45 AM
Dividend Announced - HCL Technlogies , UTI Bank and more announces Dividend
526881 Financial Technologies (India) Ltd RD 27/04/2007 Equity 180% Forth Interim Dividend
532281 HCL Technologies Ltd RD 24/04/2007 Equity 100% Third Interim Dividend
513097 Shivalik Bimetal Controls Ltd., RD 02/05/2007 Equity Second Interim Dividend
532215 UTI Bank Ltd. BC 21/05/2007 TO Equity 45% Dividend
01/06/2007
520066 Jay Bharat Maruti Ltd., Equity 20 % Dividend
532522 PETRONET LNG LTD. Equity 12.5 % Dividend
Posted by rupya at 12:43 AM
Gemini Communication secures order worth Rs 57.6 cr from Punjab Government
Gemini Communication Ltd has announced that the Company has bagged an order worth Rs 57.60 Cr from the Punjab Government. The Company will now be the Turnkey Hardware and Service Provider for supply, installation and maintenance of I.T. Infrastructure (Hardware, Networking and System Software etc.) for phase III of ICT Education project.
Posted by rupya at 12:42 AM
HCL Technologies Ltd announced results for Quarter Ended March 31 2007
The Company has posted a net profit of Rs 2385.90 million for the quarter ended March 31, 2007 where as the same was at Rs 1347.60 million for the quarter ended March 31, 2006. Total Income (net of excise) is Rs 10233.70 million for the quarter ended March 31, 2007 where as the same was at Rs 7297.20 million for the quarter ended March 31, 2006.
The Consolidated Results (as per US GAAP) are as follows: (in million US $)
The Group has posted a Net Income of $ 76.2 million for the quarter ended March 31, 2007 where as the same was at $ 43.2 million for the quarter ended March 31, 2006. Total Revenues is $ 362.4 million for the quarter ended March 31, 2007 where as the same was at $ 251.5 million for the quarter ended March 31, 2006.
Posted by rupya at 12:13 AM
April 17, 2007
UTI Bank declared Q4 2006-2007 Result
UTI Bank Q4 net profit at Rs 212 Cr Vs Rs 151.7 Cr, Net interest income at Rs 464.2 Cr Vs Rs 312.8 Cr.Result is more than expected.
Posted by rupya at 3:31 PM
Bharat Electronics declares 2006-2007 Yearly Result
The Company has recorded a turnover of Rs 3960.38 crores (provisional) for the year 2006-07, an increase of 12 per cent over last year's turnover of Rs 3536 crores. The estimated Profit Before Tax is Rs 104l.63 crores, as against last year's figure of Rs 855.26 crores, an increase of 22 per cent. The Profit After Tax (provisional) for 2006-07 is Rs 713.85 crores as against Rs 583.01 crores last year. The Company's registered exports of US $ 11.6 million.
During the year, sales to the defence segment constituted 76 per cent and to the civilian segment, 24 per cent.
Posted by rupya at 3:27 PM
Sunil Hitech secures order worth Rs 820 millions
Sunil Hitech Engineers Ltd has informed BSE that the Company has bagged following projects amounting to Rs 820.00 millions and the execution period of these contracts is about eighteen months:
Order Details as Follows
1. The Company has forayed into Hydro Power Projects for an American Company; Dodson-Lindblom, USA and has awarded three Hydro Power Projects in Himachal Pradesh. The total Contract Value is Rs 450.00 Millions.
2. The Company has been awarded Structural fabrication erection works for 2x600MW Hissar Thermal Power Project at Hissar, Haryana for a Contract value of Rs 370.00 Millions by M/s. Reliance Energy Ltd (REL).
Posted by rupya at 3:25 PM
ICRA zooms again above 4 digit mark stock trading at 1110
The stock is trading at Rs 1033.25 up Rs 70 or 7.07% with volumes of 821935 sharres. It has touched an intra-day high of Rs 1063.35 and an intra-day low of Rs 1010.Yesterday, the share closed at Rs 963.90.In a week time from 330 rs of IPO price to 525 of listing price and double of the listing price to 1110 today.Its amazing to see a stock zoom like this.
Posted by rupya at 3:21 PM
Rupee raises to a Nine year high against dollar at 41.90 Rupee per dollart
On Monday, the currency rose above Rs 42 against the greenback for the first time since June, 1998, surprising foreign exchange traders and analysts, who did not expect the rupee to rise so quickly.From around 45.60 in August, 2006, the rupee has soared to close at 41.90 on Monday, an unprecedented rise of close to Rs 4 in less than nine months.
Its supported by FII inflow of money in the market and mainly also by Reserve Bank of India , they don't like the Rupee to raise too much as they might loose the export competition.
Posted by rupya at 10:12 AM
Dividend - Templeton and UTI mutual Fund Pays Dividend
>Templeton (I) Equity Income(D) Equity Diversified 18/04/07 0.700 Dividend
>UTI Equity Fund (D) Equity Diversified 17/04/07 1.500 Dividend
>UTI Mastergrowth 93 (D) Equity Diversified 13/04/07 2.500 Dividend
Posted by rupya at 10:02 AM
Sensex gained 311 points supported by Reliance and IT stocks
Sensex gain over 311 points and the Nifty regain the 4,000-point level.Buying by funds in heavy-weight Reliance Industries and other blue-chip stocks and influence by global trend kept the market in upmood, it expected a very good result from TCS which kep all the IT stocks in high spirit.
Shares of Mukesh Ambani-led petrochemicals giant Reliance Industries today soared to a new life-time high of Rs 1,466, while taking the company's market value to over Rs 2,00,000 crore.The gain in the shares of RIL, the country's most valued firm, followed a statement from the company chairman that it anticipates robust demand for petrochemicals over the next 12-18 months.Shares ended Rs 49.35 higher at Rs 1,460 at the Bombay Stock Exchange, after paring some earlier gains. Nearly 63 lakh shares changed hands on the BSE and NSE.Other contributors to the Sensex were, ONGC, Infosys Technologies, TCS, Wipro, BHEL, Larsen and Toubro, State Bank of India, ICICI Bank and Reliance Communication.Cement stocks led by ACC, Grasim and Gujarat Ambuja Cement were back in demand and participated in the rally. PTI
Posted by rupya at 12:59 AM
Results Declared for April 17th 2007
Posted by rupya at 12:46 AM
Dividend declared on April 16th 2007 - TCS delcares 400 percent Dividend
Posted by rupya at 12:40 AM
April 16, 2007
TCS has announced its Q4 and FY07 results
TCS has announced its Q4 and FY07 results. The company reported net profit of Rs 1,195 crore (Rs 11.95 billion) versus Rs 1,104.70 crore (Rs 11.04 billion) (Cons US GAAP, QoQ).Its total revenues stood at Rs 5,162 crore (Rs 51.62 billion) and total income at Rs 5,266.9 crore (Rs 52.66 billion).
Posted by rupya at 7:42 PM
Tele Data Informatics posted very good Q4 march 2007 result
Tele Data Informatics has posted a net profit of Rs 123.04 crore in Q4 March 2007 compared with Rs 42.51 crore in Q4 March 2006. Net sales rose to Rs 353.62 crore from Rs 208.58 crore.At the current market price of Rs 68.95, Tele Data Informatics trades at 14.42 times its Q3 December 2006 annualized EPS of Rs 4.78.
Posted by rupya at 5:09 PM
Precision Containeurs secures Export Order worth Rs 113.25 millions
Precision Containeurs Ltd has received very first Export Order for newly developed products worth Rs 113.25 millions from Swift Inter Trade for its recently developed Packaging Products which it has recently launched in International market. The said Order will be executed in 12 months.
Posted by rupya at 5:06 PM
Punj Lloyd to construct the pipeline for Oman Gas Company on EPC Basis for 530 crore
Punj Lloyd Ltd has announced that the Company has secured the contract for construction of pipeline from OGC (Oman Gas Company) on EPC basis in Oman. The contract is valued at Rs 530 crore.
Posted by rupya at 5:02 PM
ICRA shoots up today also up by 140 rs
Newly listed ICRA has shot up right in the opening of the trading session.The stock is trading at Rs 943.70, up Rs 146.10 or 18.32%.Trading with a volume of around 20 lac shares.
Posted by rupya at 1:06 PM
Welspun-Gujarat Stahl secures orders worth Rs 1089 crores ($ 250 mn)
Welspun-Gujarat Stahl Rohren Ltd has announced that the Company has bagged prestigious pipeline orders worth Rs 1089 Crores (USD 250 mn) for the supply of line pipes in India and Overseas. These projects are to be executed for both LSAW and HSAW Pipes. These orders take the Company's current pending order book position to approximately Rs 4,000 Crores, including the orders executed in the last quarter of FY 07.
Posted by rupya at 1:00 PM
Indiabulls Financial Services came out with 2006-2007 Q4 results today
Indiabulls Financial Services (QoQ) Q4 net profit has been at Rs 157 crore Vs Rs 111.8 crore. Its revenues have been at Rs 418 crore Vs Rs 333.7 crore. FY07 EPS is at Rs 22.84.
Posted by rupya at 12:56 PM
Finloex Industries declares 2006-2007 Q4 net profit
Finloex Industries Q4 net profit at Rs 17.5 Cr vs Rs 15.4 Cr, total income at Rs 316 Cr vs Rs 223 Cr,Finloex Industries Q4 net profit was at Rs 17.5 crore vs Rs 15.4 crore.Its total income was at Rs 316 crore vs Rs 223 crore.
Posted by rupya at 12:54 PM
April 15, 2007
Fortis Healthcare IPO (FHL IPO) - Synopsis - Costly than Apollo Hospitals
Synopsis
Fortis Healthcare (FHL), promoted by the Ranbaxy Laboratories group, opened its first hospital in Mohali in 2001.Since then, FHL has expanded its operations by opening multi-specialty hospitals (including some with super-specialty `centers of excellence), a boutique-style hospital and various satellite and heart command centers.
Weakness :
>Thr Main weakness is even after having all the hospitals occupied at a very good percentage , they are showing operating losses
>Secondly Like any other company it will have real estate costs and lease charges going upo because of the intrest raise.
> I would say comparing Fortil Helathcare to Apollo hospital , the valuation is too high for Fortis Healthcare .
Finally i would say this will raise based on the subscription rate on the final day of IPO.
For Fortis HelathCare IPO allotment come back here.
Posted by rupya at 10:23 AM
Fortis HealthCare IPO Open on April 16th 2007
Posted by rupya at 10:03 AM
April 14, 2007
Veena industries IPO - Files For DRHP with SEBI
In 1980 Veena Industries started at S-145, MIDC, Bhosari, to manufacture canopies for Atlas Copco India Ltd.In 1996, Veena Industries set up a world class manufacturing facility at Nanekarwadi, Chakan, Pune to meet the demand, in terms of quality and quantity, for canopies, from Atlas Copco. This consisted of CNC Laser Cutting, CNC Bending, Welding and finishing.
In year 1999 started manufacturing of X-ray equipment for GE Medical Systems and Trailers and Under-carriages for Atlas Copco compressors. This year it was also decided to become a product manufacturer and the idea of manufacturing silent gensets took shape.In the year 20040, gensets and soundproof canopies were developed & sold under the brand name of AUTOMECH. Today AUTOMECH Gensets through their Slogan “When Power Matters” commands lot of power and matters to all Genset users.
Posted by rupya at 12:27 PM
Estancia Chennai Integrated township project from L&T
Project "Estancia" : L&T Urban Infrastructure Ltd. (L&T UIL) has teamed up with Chennai-based Arun Excello to jointly promote an integrated township project at Vallanchderi on the GST Road in South Chennai.
The project, named "Estancia", will come up on 78 acres. The project outlay is expected to be around Rs. 1,500 crore apart from the land cost of Rs. 300 crore.Project `Estancia' will comprise a residential zone with 2,000 apartments, a clubhouse, an IT park, a school, a mall, serviced apartments and a hotel. The residential project will be launched on April 14. The first phase of the project will have 700 residential apartments and will be completed by March 2009. The entire project will be implemented in three phases and completed over four years, according to the promoters.
Addressing a press conference here on Friday, P. Suresh, Managing Director, Arun Excello, said three special purpose vehicles (SPV) would be formed by L&T UIL and Arun Excello to execute the project.Mr. Suresh said Estancia would have a residential space of around three million square feet spread over 37 acres and an IT park spread over 27 acres with 2.7 million sq. ft. office space. It would also have a retail mall, a hotel and serviced apartments totalling one million sq. ft.
The project would also have a school on a three-acre plot.L&T, according to its General Manager, S. Hariharan, will bring to the joint venture table its expertise in engineering, construction technology and project implementation and finance. Arun Excello, on the other hand, will bring its experience in developing residential projects, knowledge of the Chennai market and understanding of the customer needs to the project. Mr. Hariharan said in a couple of SPVs — related to the IT and commercial portion of the project — L&T would hold 51 per cent stake. Arun Excello would hold 67 per cent equity stake in the SPV pertaining to the residential portion of the project.
Location :
Contact :
Biswajit Marketing Executive 98408 65032
N. Gopi Marketing Executive 98408 65412
Mohan Rao Marketing Executive 98408 65411
K.K Sethuraman Marketing Executive 99400 65471
Arul Kumaran Marketing Executive 99400 65472
Gunaseelan Marketing Executive 99400 65473
Vijay Daniel Marketing Executive 99400 65474
Murugesh Marketing Executive 99400 16458
Arvind Marketing Executive 99400 65476
T. Yuvraj Marketing Executive 98408 65455
M.D. Gopiraj Marketing Executive 98408 65459
S. Murali Marketing Executive 98408 65031
U. Ramesh Marketing Executive 99400 65477
specification:
Structure RCC framed structure confirming with Seismic Zone III requirements
Walls Concrete / Masonry
Flooring Vitrified tiles for living, bed, dining and kitchen areas
Main door
Teak wood frames Varnished Teak Flush door
Bed Room & Bath room Doors Sal wood frames with Flush / Skin Door
Balcony, Sit out Area Powder Coated Aluminium framed with fixed glass sliding doors
Windows Full Height / Large size opening using powder coated Aluminium framed sliding windows
Kitchen Spacious kitchen with polished granite counter top and ceramic tiles up to 2’ above the working platform.Stainless steel sink with drain board
Toilet
Ceramic / Glazed tiles for floor and full wall height White sanitary fixtures, premium CP fittings & Health faucets
Electrical Work 3 phase power supply with fully concealed wiring and high quality attractive electrical switches
Painting Walls coated with putty and good quality acrylic emulsion paint
More details :
http://www.arunexcello.com/estancia.html
Posted by rupya at 11:34 AM
Inflation Data makes the Banks Stocks Dearer
The wholesale price index (inflation) rose 5.74% in the 12 months to 31 March 2007, lower than the previous week's increase of 6.39%. The figure was below a forecast of an annual 5.81%, in an analyst poll. The annual inflation rate was 3.98%, during the corresponding week of the previous year.This news will give some good news to Banks , as this might stop RBI from raising any more intrest rates in another 3 to 4 months.
Posted by rupya at 1:15 AM
Pyramid Saimira Theatre Chain (M) Sdn. Bhd to spend 12 crore in Malaysia
Pyramid Saimira Theatre Ltd has informed BSE that the Company has already announced that it has joined hands with M/s. Asian Integrated Industries, Sdn.Bhd.Co., Malaysia and promoted a Joint Venture Company in Malaysia viz. Pyramid Saimira Theatre Chain (M) Sdn. Bhd
Posted by rupya at 1:09 AM
Dividends Announces for April 13th 2007
Posted by rupya at 1:08 AM
April 13, 2007
Bharat Seats Board recommends final dividend, bonus issue & stock split
Bharat Seats Ltd has recommended the following from todays Meeting:
1. Dividend @ 30% i.e. Rs 3/- per share for the year 2006-07.
2. Issue of Bonus shares to the Equity shareholders of the Company, subject to the approval of shareholders, through capitalisation of Reserves in proportion of one Equity share for every one equity share held by them on the record date to be fixed for the purpose.
Posted by rupya at 6:32 PM
GMR Infrastructure - Lufthansa Technik intrested in setting up MRO Facility in GMRHIA
GMR Infrastructure Ltd has informed BSE that GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company, is evaluating and discussing an expression of interest (EOI) from Lufthansa Technik, the world's leading provider for maintenance, repair and overhaul (MRO) of airplanes, components and engines, for setting up the MRO facility at the new airport site.
Posted by rupya at 6:29 PM
Infosys Technologies has announced its fourth quarter and FY07 results
Infosys Technologies has announced its fourth quarter and FY07 results. The company reported net profit of Rs 1,144 crore (Rs 11.44 billion) in the fourth quarter versus Rs 983 crore (Rs 9.83 billion) in the previous year, a growth of 16.38%.
The net profit included Rs 124 crore of reversal of tax provision.Its revenues increased by 3.2% to Rs 3,772 crore (Rs 37.72 billion) from Rs 3,655 crore (Rs 36.55 billion), QoQ.Its Q4 OPM stood at 31.73% versus 32.72% QoQ.
For FY07, Infosys' net profit jumped 56.87% to Rs 3,856 crore (Rs 38.56 billion) from Rs 2,458 crore (Rs 24.58 billion). The CNBC-TV18 estimated net profit at Rs 3751.08 crore (Rs 37.51 billion).The revenues were up 45.91% to Rs 13,893 crore (Rs 138.93 billion) from Rs 9,521 crore (Rs 95.21 billion). The CNBC-TV18 estimated at Rs 14,009.71 crore (Rs 140.09 billion).
It has declared final dividend of Rs 6.5 per share. The company has added 34 new clients in Q4 compared to 43 new clients in Q3 and 5992 employees versus 3282 employees in Q4.Other income increased to Rs 119 crore (Rs 1.19 billion) in the fourth quarter as against third quarter other income of Rs 59 crore (Rs 590 million). The company increased offshore salaries by 12-15%.
Posted by rupya at 12:53 PM
ICRA has listed at Rs 550 and its trading at 647 now
ICRA has listed at Rs 550 on NSE Vs its issue price of Rs 330. ICRA is a leading provider of investment information and credit rating services in India. The offer price was fixed at Rs 330 per share and analysts expected it to list above Rs 500.
Posted by rupya at 12:34 PM
April 12, 2007
Infosys Quarter Results coming out tomorrow - Market reacted for that
The 30-share BSE Sensex lost 69.43 points (0.53%), at 13,113.81. It had moved 129.28 points, between a low of 13,030.87 and a high of 13,160.15.Global market fear and Infosys results grabbed the market down by 70 points.
Posted by rupya at 11:08 PM
Orbit Corporation closes at 127.95 rs at premium of 16 percent
Real estate developer Orbit Corporation settled at 16.36% premium, at Rs 127.95, compared to the issue price of Rs 110 per share.It even touched the low 90 rs , one will think why can i grab this at 90 and get a huge profit.That is stock market.
Posted by rupya at 11:08 PM
IOL Broadband enters E-learning intiative
IOL Broadband Ltd on April 12, 2007 has announced that it will launch its e-Learning initiative via Interactive broadband Services very shortly. As part of e-Learning initiative, the Company has signed an Exclusive Broadband Access Deal with ABAN Informatics Pvt Ltd, a Chennai based Company, part of the multimillion dollar ABAN Group.
Posted by rupya at 11:05 PM
Listing of equity shares of ICRA Ltd
Trading Members of the Exchange are hereby informed that effective from April 13, 2007, the equity shares of ICRA Ltd (Scrip Code: 532835) are listed and admitted to dealings on the Exchange in the list of 'B1' Group Securities.
Posted by rupya at 11:02 PM
April 11, 2007
Simplex Infra bags order worth Rs 708 crore
Simplex Infrastructures has bagged orders worth Rs 708 crore. Rajiv Mundhra of Simplex Infrastructures says that the company has received a combination of orders from across India and various sectors. This order takes their order book size to Rs 6000 crore,which will be executable over a period of 24-30 months. The company has got these orders at better than average margins.
Posted by rupya at 4:16 PM
Elecon Engineering awarded contract worth 230 crore
Elecon Engineering Company Ltd has informed BSE that the Company has been awarded a contract worth Rs 229.09 Crores for supply and installation of Coal Handling Plant Package for National Capital Termal Power Project (NCTPP), Dadri, Stage II (2 x 490MW) from NTPC Ltd.
Posted by rupya at 4:15 PM
iGATE Q4 Net Profit at Rs 22.6 Cr vs Rs 15.95 Cr
iGATE has reported Q4 Net Profit at Rs 22.6 crore vs Rs 15.95 crore (QoQ). The revenues are at Rs 210.1 crore vs Rs 210.7 crore. The EPS is at Rs 15.90. The company added 25 new clients in FY07. Q4 EBITDA margins were at 15%. The company is to increase offshore salaries by 15%, onsite by 2%.
Posted by rupya at 4:11 PM
Mastek announces Quarter Results
The Company has posted a net profit of Rs 573.30 million for the quarter ended March 31, 2007 as compared to Rs 122.90 million for the quarter ended March 31, 2006. Total Income has increased from Rs 1022.60 million for the quarter ended March 31, 2006 to Rs 1347.30 million for the quarter ended March 31, 2007
Posted by rupya at 4:11 PM
Market ended the Day Flat
The markets ended flat today after a choppy session, with FMCG & metal stocks closing firm, while IT shares were a drag. The Sensex & Nifty ended up a few points each.Market is trying to be more cautious ahead of the results session starting from next for IT company first.
Posted by rupya at 12:48 AM
Listing of equity shares of Gremach Infrastructure Equipments & Projects Ltd
Trading Members of the Exchange are hereby informed that effective from April 11, 2007, the equity shares of Gremach Infrastructure Equipments & Projects Ltd (Scrip Code: 532836) are listed and admitted to dealings on the Exchange in the list of 'B1' Group Securities. For further details please refer to the notice no 20070410-19 dated April 10, 2007
Posted by rupya at 12:38 AM
Suzlon Energy - Details of new Order
Suzlon Energy Ltd has informed BSE that Suzlon Wind Energy Corporation, the USA, the step-down subsidiary of the Company has signed a contract with Tierra Energy of Austin, Texas, the USA to provide 42 units of S88-2.1 MW wind turbine generators, for delivery in 2008.
Posted by rupya at 12:34 AM
Educomp Solutions gets order worth 18.30 crore from Govt of Haryana
Educomp Solutions Ltd has received Letter of Intent from Hartron, Govt of Haryana, for imparting CAL Programme in 716 Govt. Senior Secondary Schools in State of Haryana. The total size of the order is Rs 18.30 Crores over a period of 3 years.
Posted by rupya at 12:27 AM
Subhash Projects - Award of Orders for Rs 309 Crores
Subhash Projects & Marketing Ltd has bagged orders cumulatively worth Rs 309 Crores for execution of power projects. These include projects worth Rs 220 Crores to be executed for Karnataka Power Transmission Corporation Ltd and Hubli Electricity Supply Co. Ltd. in Karnataka and Rs 89 Crores for Power Grid Corporation of India Ltd. (PGCIL) in Bihar on turnkey basis.
Posted by rupya at 12:25 AM
ABG Shipyard secures major order from Essar Shipping & Logistics, Cyprus
ABG Shipyard Ltd has secured a major order for Construction of 4 No. of 54,000 DWT Supramax Bulk Carriers, at a price of US $ 139.0 million (Rs 618 crores) from Essar Shipping & Logistics Ltd, Cyprus, as a part of its ship acquisition programme.Following this order the order book position of the Company, as on date, stands at about Rs 40,737.7 Mio (US$ 915.5 Mio).Its almost 1 Billion $ sales.
Posted by rupya at 12:18 AM
i-flex Solutions - Allied Irish Bank Selects i-flex as Strategic Partner for Transformation of its Retail Operations
i-flex Solutions Ltd has announced that Allied Irish Bank (AIB), Ireland's leading financial services Company and a top tier bank, has selected the Company as strategic partner in its key retail transformation project.
Posted by rupya at 12:17 AM
April 10, 2007
National Hydroelectric Power Corporation IPO - NHPC IPO - Files for DRHP with Sebi
National Hydroelectric Power Corporation (NHPC), India’s largest hydroelectric power generating company, has filed its Draft Red Herring Prospectus with the Securities Exchange Board of India (SEBI), Mumbai on 2nd April, 2007 to enter the capital markets with its Initial Public Offering of Equity Shares.
The Company proposes a Public Issue of up to 1,676,049,945 Equity Shares (“Issue”). The Issue comprises a Fresh Issue of up to 1,117,366,630 Equity Shares by NHPC and an Offer for Sale of up to 558,683,315 Equity Shares by the President of India, acting through the Ministry of Power, Government of India, and includes a reservation of up to 26,538,000 Equity Shares for subscription by eligible employees.
Posted by rupya at 10:00 AM
Virtusa Corporation IPO files for Form S-I with SEC US for IPO
Virtusa Corporation, an IT services company, has filed a registration statement on Form S-I with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. J. P. Morgan Securities Inc. will be the sole book-running partner for the offering. The number of shares to be offered and the price range for the offering have not yet been determined, says a release.
Posted by rupya at 9:18 AM
Praj Industries Bonus Issue
Praj Industries Board to recommend bonus issue , they are going to meet on April 18 to decide on the same , Already the news has hit the market and the price of the stock has almost jumped from 340 to 430 rs in just 1 week time.Praj Industries was always my best recommendation in Infrastructure stocks.
Posted by rupya at 12:19 AM
Moser Baer launches its Telugu home videos in South
Moser Baer India Ltd has announced its launch of Telugu titles in the home video market with 101 popular Telugu titles at attractive price points of just Rs 28 for VCDs and Rs 34 for DVDs.
Posted by rupya at 12:18 AM
Reliance Communications acquires 1.2 million wireless subscriber for March 2007
Reliance Communications has announced that the Company has acquired over 1.2 million wireless subscribers in the month of March 2007. The Company has also maintained its position as India's second Largest wireless operator, with a re-verified wireless subscriber base of over 28 million as on March 31, 2007.
Posted by rupya at 12:16 AM
Kirloskar Brothers receives order worth 255 crores
Kirloskar Brothers Ltd has informed BSE that the Company has received an order from IVRCL NAVAYUGA & SEW , Joint Venture, for Government of Andhra Pradesh, Irrigation and CAD Department, in respect of survey, design, model study, manufacturing, supply, erection, testing, commissioning, operation and maintenance of complete Electro-Mechanical Works for Sripada Sager Project Stage-II, Phase-I. The Project consists of water conductor and five pump houses pumps, Motors along with other ancillary works. The total Contract is of Rs 255 crores.
Posted by rupya at 12:14 AM
Stone India wins 140 crore order from Ministry of Defence, Govt of India
Stone India Ltd has informed BSE that the Company has started the new Financial Year with a bang and has received an order for refurbishment and up gradation of 1115 wagons from Ministry of Defence, Govt of India. The order is valued at Rs 140 million and to be executed over next eight months. The Company is only private company selected to execute this order. So long this job was being undertaken by Indian Railways. This incidentally happens to be the single largest order since its inception.
Posted by rupya at 12:12 AM
Gitanjali Gems - to trade gems and stones in Dubai
Gitanjali Gems Ltd has informed BSE that the Company has incorporated Gitanjali Ventures DMCC as its wholly owned subsidiary. The registered office of Gitanjali Ventures DMCC is situated at Dubai Multi Commodities Centre, Dubai, UAE.The main activity of the newly incorporated wholly owned subsidiary is trading in Diamonds, precious stones, diamonds jewellery and pearls.
Posted by rupya at 12:10 AM
Aban Offshore - wins GSPC Drilling order
Aban Offshore Ltd has informed BSE that the Company's subsidiary Deep Drilling 1 Pte Ltd has received a Letter of Award from Gujarat State Petroleum Corporation Ltd (GSPC) for Charter Hire of the Rig Deep Driller 1 for a firm period of 2 years with 2 options of 6 months each thereafter at mutually agreeable rates. The contract to be performed in continuation of the contract with Hardy Oil, is expected to result in revenues of approx. USD 141 Million during the firm period.
Posted by rupya at 12:08 AM
April 9, 2007
Dolphin Offshore and LNT consortium wins 108 crore worth Project
Dolphin Offshore Enterprises India Ltd has informed BSE that Oil & Natural Gas Corporation Ltd (ONGC) has awarded a Contract on Consortium of M/s. L&T Ltd and the Company for execution of entire scope of works for 6 Clampon Project as per ONGC Tender No.MR/02/MM/6 Clamp on/15/2007 on turnkey basis.
The value of this contract is US$24,136,051 + INR 80,081,736 inclusive of all taxes, levies, duties etc.The scheduled completion date of entire scope of work covered under this Contract shall be March 31, 2008.Im not sure if i have done the math right if its 24 million dollar .
Posted by rupya at 3:53 PM
Rane Madras to sell surplus 26 ground of land through E-auction
Rane Madras is planning to sell 26 ground of Surplus land through E-Auction , and with velechery being such a popular place for Real Estate , it might yield a very good profit for Rane Madras , minimum 1 ground can go more than 1 crore , so totally this might yield minimum 26 crore and more .already the price as shoot up like 20%.
Posted by rupya at 3:41 PM
April 8, 2007
State Bank of India hikes Prime Lending Rate to 12.75 percent
State Bank of India on Saturday hiked its benchmark Prime Lending Rate (PLR) by 0.50 per cent from 12.25 per cent to 12.75 per cent.
Posted by rupya at 6:11 PM
April 6, 2007
Motilal Oswal Financial Services IPO files for DRHP with SEBI
Motilal Oswal Financial Services is a global, diversified financial services group having businesses in securities, commodities, investment banking and venture capital.With 1160 Business locations and more than 2,00,000 investors in over 360 cities, Motilal Oswal is well suited to handle all your wealth creation and wealth management needs.
The company has in the last year placed 9.48% with two leading private equity investors - New Vernon Private Equity Limited and Bessemer Venture Partners at post money company valuation of Rs. 1345 crore. (Rs. 13.45 billion).
Motilal Oswal IPO
Posted by rupya at 12:28 AM
i-flex Solutions - Federal Home Loan Bank of New York Selects FLEXCUBE
i-flex Solutions Ltd said Federal Home Loan Bank of New York (FHLBNY)- a congressionally chartered, wholesale bank set up in 1932, managing assets over USD 81.7 billion and servicing over 300 financial institutions in New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands - selected FLEXCUBE as part of its current technology strategy. FLEXCUBE's core modules will be implemented to automate FHLBNY's Demand Deposit Account (DDA) portfolio of member financial institutions.
Posted by rupya at 12:24 AM
Sangam India secures orders worth Rs 40 crore
Sangam India Ltd said the Company has bagged new orders worth Rs 40 Crore, thus taking the total order book position to Rs 110 crore as on March 31, 2007. The Company has bagged fresh export orders worth Rs 20 Crore from countries turkey, Egypt, Poland and United Kingdom. Further, the Company has bagged orders worth Rs 20 crore from large domestic manufactures. These orders are to be executed in the next three months.
Posted by rupya at 12:23 AM
CCS Infotech secures orders worth 1.45 crore
CCS Infotech Ltd said it has bagged orders worth Rs 1.45 crore from various prestigious sectors. The Company has received 1 crore order from the various leading Chennai based engineering colleges, 38 lakhs order from Airport Authority Of India, Chennai (AAI) and 7 lakhs order from BSNL�Pondicherry. Through these orders the Company will supply Software, PCs, high-end Servers, laptops etc., and maintain them.
Posted by rupya at 12:20 AM
Sun TV Board recommends stock split
Sun TV Ltd has informed that the Board of Directors of the Company at its meeting held on April 05, 2007 has recommended the following items to be passed through postal ballot:
1. Sub-Division of equity shares from face value of Rs 10/- each to Rs 5/- each in the ratio of two shares for every one share held.
Posted by rupya at 12:20 AM
Inflation was less compared to previous week at 6.39 percent
Inflation eased to 6.39 per cent for the week ended March 24 due to lower prices of some food items and manufactured products.Nonetheless, inflation was way above RBI's projection of 5-5.5 per cent for this fiscal and from a year ago figure of 4.06 per cent, maintaining pressure on interest rates.
Posted by rupya at 12:07 AM
April 5, 2007
ICRA IPO Allotment status and Orbit Corporation IPO allotment Status
ICRA IPO Allotment status and Orbit Corporation IPO allotment Status can be found here.
Posted by rupya at 11:56 PM
April 4, 2007
Dividend declared on April 4th 2007
532623 N.R.International Limited as set record date as 20/04/2007 for Bonus issue
505185 Bosch Chassis Systems India Limited as set Book Closure as 27/04/2007 TO 07/05/2007 for 55% Dividend
Posted by rupya at 11:20 PM
Fortis Healthcare IPO opens on April 16th 2007
The issue opens on April 16 and closes on April 20.They have fixed the IPO price band at Rs 92-110.More Details coming soon.For Fortis Healthcare IPO allotment status come here
Posted by rupya at 5:18 PM
Ashok Leyland March 2007 Auto Sales Number
Ashok Leyland March sales at 8,444 units Vs 8,577 units (YoY),Ashok Leyland has closed the year ended 31st March 2007 with an all-time high sales of 83,101 vehicles. This represents a 35% growth over its 2005-06 sales of 61,655 vehicles. Sales in the domestic M&HCV segment touched 76,741 numbers, reflecting a 37% growth. Exports volumes are also up 23% at 6,025 vehicles.
Posted by rupya at 5:15 PM
ICSA India secures work orders worth 23 crores
ICSA India Ltd has informed BSE that the Company has secured the following work order(s) for a total contract value of Rs 23.17 Crores from Chief General Manager / Projects, APEPDCL, Visakhapatnam on 100% turnkey basis under JBIC 2006-07.Nature of Work: Erection of 19 Nos. new 33/11 KV substations in West Godawari District.Value of the Contact: Rs 23,17,09,543.
Posted by rupya at 12:37 PM
Garware Offshore Services offered 25 crore per annum contract from ONGC
Garware Offshore Services Ltd has informed BSE that the Company has received a Letter of Award of Contract from Oil & Natural Gas Corporation Ltd (ONGC) for its Platform Supply Vessel, "M.V. Kamet" scheduled to be delivered in May, 2007. The tenure of the contract will be for 5 years.The said Vessel which is a state of the art UT755L design with clean notation, DP1 & FIFI 1 will be deployed in India.The value of the contract will be approximately Rs 25 crores per annum.
Posted by rupya at 12:33 PM
Cement Sector - Another Blow from Government - No Import Duty on Cement
Government has removed import duties, hoping to force cement firms to cut prices. It's a mix of the carrot and the stick. After various talks with the Cement company and they dint get a good answer from them , the Finance Ministry's got more annoyed on the cement company and has removed 16% Countervailing Duty and 4% Special Additional Customs duty on imported cement. That could make imported cement cheaper than domestic cement.This is good politics from Government to get the Cement price down but i dont see it coming down , he forgot the logistics needed to get it from the port to the place of construction , No idea if Mr .P.Chidambaram will pay that money.
Posted by rupya at 12:23 PM
April 3, 2007
LIC Mutual Fund Delcares Dividend in Sensex Advance and PLan Equity index
>LIC MF Index - Sensex Adv (D) Equity Index 28/03/07 2.500 Rs
>LIC MF Index - Sensex Plan (D) Equity Index 28/03/07 2.000 Rs
Posted by rupya at 11:13 PM
Sensex and Nifty closed on a positive side after yesterdays Huge Crash
After yesterdays crash its known that the market will go high , and supported by US and Asian market Sensex and Nifty moved up , start was some what very slow but later it picked up , but it was not good day for small and midcap section.Technology , FMCG,Capital good and power stocks helped the market to gain.Sensex closed up 169.21 points or 1.36% at 12624.58, and the Nifty up 57.05 points or 1.57% at 3690.65.
Market Stats
>BSE Midcap Index ended at 5,236.36 up 27 points or 0.52%.
>BSE Smallcap Index ended at 6,313.64 up 20 points or 0.3%.
>BSE Bankex was up 0.5% at 6,182.44.
>BSE Capital Goods Index was up 1.1% at 8,718.07.
>BSE Health Care Index was up 0.6% at 3,574.65.
>BSE Auto Index closed at 4,612.32 up 0.9%.
>BSE Metal Index closed at 8,219.63 up 1%.
>BSE FMCG Index gained 1.3% at 1,713.62.
>BSE Oil and Gas Index closed higher at 6,287.21 up 1.9%.
>BSE IT Index gained 2% at 4,766.97.
Posted by rupya at 10:58 PM
Dividend declared on April 3rd 2007
531687 Karuturi Networks Ltd set record date as 25/04/2007 for Bonus issue
532447 Solvay Pharma India Ltd. set BC as 19/04/2007 TO 25/04/2007 for 80% Dividend
532200 State Bank Of Mysore Set record date as 12/05/2007 for Interim Dividend
Posted by rupya at 10:50 PM
Gammon India merges Gammon Realty as subsidary
Gammon India Ltd has informed BSE that Gammon Realty has become a subsidiary of the Company with effect from March 28, 2007.
Posted by rupya at 6:17 PM
Mhaindra Renault Launches Logan in India - Priced at 4.58 lacs
Mahindra Renault, a joint venture between M&M and Renault of France, today announced the launch of Logan in India. The Logan debuts in India with a host of class-defying features at an aggressive price. The Logan will roll out from Mahindra’s plant at Nashik, which has been upgraded with an installed capacity to produce 50,000 Logan annually.
The Logan will be available in both diesel and petrol versions. The Logan will be available in six colours, namely Toreador Red, Fiery Black, Sahara Beige, Mist Silver, Turf Green & Diamond White and will be available in selected Mahindra & Mahindra showrooms with Mahindra and Renault branding in major cities across the country.
The price of the vehicle ex-New Mumbai for the Petrol 1.4 and 1.6 versions would range from Rs. 4.28 lakhs to Rs. 5.69 lakhs. The price for the Diesel 1.5 version would range from Rs 5.47 lakhs to Rs. 6.44 lakhs. The same ex New Delhi will be Rs.4.35 lakhs to 5.76 lakhs for petrol versions and Rs.5.54 lakhs to Rs.6.51 lakhs for Diesel.
Posted by rupya at 6:02 PM
HeroHonda 2007 March Auto Sales
Hero Honda has posted March sales at 2.78 lakh units Vs 2.72 lakh units (YoY), Vs 2.80 lakh (MoM). Anil Dua, VP, Marketing & Sales,
Posted by rupya at 12:58 PM
M&M March 2007 Auto Sales
M&M March sales at 20,623 units vs 16,400 units; Tractor sales at 7805 units vs 7326 units.Mahindra & Mahindra’s Automotive Sector shored its leadership position with sales of 20,623 vehicles, including exports, in March registering a healthy growth of 25.8%. Domestic vehicle sales for the month of March were up 27.5%. The Scorpio also clocked good numbers in March, clocking volumes of 5260. It registered a growth of 56% over the corresponding month last fiscal.
Posted by rupya at 12:53 PM
Tata Motors March 2007 sales
Tata Motors March Commercial Vehicle sales up 13% to 30,720 units, Passenger Vehicle sales up 14% to 25,760 units.Tata Motors reported a record sale of 5,79,378 vehicles (including exports) for the fiscal year 2006-07, its highest ever and a growth of 28% over 4,54,345 vehicles sold in 2005-06. Total sales (including exports) for the month of March 2007 were 62,779 vehicles, the company's highest ever monthly sales and an increase of 11% over 56,406 vehicles sold in March 2006.
Posted by rupya at 12:49 PM
Indian Hotels - Acquisition of Hotel Campton Place , San Francisco , USA
Indian Hotels Company Ltd has, subject to necessary statutory approvals, approved the proposal to acquire, through its 100% US subsidiary Company, Hotel Campton Place, San Francisco and to execute the Sale Purchase Agreement for this acquisition. The acquisition would be made at a cost of US $ 60 million (including estimated transaction costs).
Posted by rupya at 12:44 PM
ACC - Production & Despatch figures for March 2007
ACC Ltd has informed BSE that the Company's production and dispatch figures for the month of March 2007, are as follows:
March 2007:
Cement production: 1.77 million tonnes,Cement despatches: 1.81 million tonnes
March 2006:
Cement production: 1.74 million tonnes,Cement despatches: 1.75 million tonnes
Cumulative : January - March 2007
Cement production: 4.86 million tonnes,Cement despatches: 4.88 million tonnes
Cumulative : January - March 2006
Cement production: 4.93 million tonnes,Cement despatches: 4.93 million tonnes
Posted by rupya at 12:36 PM
April 2, 2007
Marg Construction and Megasoft Declares Dividend
Bsecode 530543 Marg Constructions Ltd as set record date as 14/04/2007 for 20% Interim Dividend
Bsecode 532408 Megasoft Ltd. as declared 10 % Dividend
Posted by rupya at 11:37 PM
Bharat Electronics - 2006 - 2007 Provisional results
Bharat Electronics Ltd has announced that the Company has recorded its highest ever turnover of Rs 3960.38 crores (provisional) for the year 2006-07, which is an increase of 12 per cent over last year's turnover of Rs 3536 crores. The estimated Profit Before Tax is Rs 1041.6 crores, as against last year's figure of Rs 855.2 crores, an increase of 22 per cent. The Company achieved exports of US$ 11.6 million. The turnover per employee for 2006-07 is Rs 32.1 lakhs, an increase of around 12 per cent over last year's figure of Rs 28.8 lakhs.
Posted by rupya at 11:35 PM
Bharat Earth Movers limited 2006 - 2007 provisional results
Bharat Earth Movers Ltd (BEML) has ended the financial year 2006-07 with the provisional results recording an all time high turnover of Rs 2,600 crores registering a growth of 18% over the last year, value of production of Rs 2590 crores and profit before tax of Rs 315 crores recording a growth of 10% over that of last year. The export sales stood at Rs 110.05 crores.
Posted by rupya at 11:05 PM
Lanco Infratech - won three construction order worth 102 crore
Lanco Infratech Ltd has informed BSE that the Company has won the bid for three construction projects worth Rs 102 crore in Karnataka and Tamil Nadu. With this, the order book of the construction and EPC division of the Company stands at more than Rs 5,000 crore.
Posted by rupya at 11:04 PM
Parsvnath Developers Ltd has announced the commencement of construction of a 3-Star hotel at Shirdi.
The hotel is just 5 minutes away from Shirdi temple. The project worth Rs 20 crore is spread over a total area of 50,000 sq. feet. The hotel once completed, will offer comfortable stay backed by quality service to Sai Baba devotees visiting the pilgrimage. It will cater to the ever-increasing demand for appropriate accommodation in the city.
Posted by rupya at 11:03 PM
Maruti Udyog - Highest annual sales between 2006 and 2007
Maruti Udyog Ltd has informed BSE that the Company sold 6,35,629 vehicles in the domestic market in 2006-07, the highest ever annual sales in the Company's history.This marked a growth of 21 per cent over domestic sales in 2005-06.In all, the Company sold 6,74,924 vehicles during the year, including exports of 39,295 vehicles. Exports grew by 13 per cent over 2006-07.
March sales — highest ever in a month
The Company sold 64,556 vehicles in the domestic market in March 2007, the highest ever in any month, This signified a growth of 6 per cent over March 2006.Including exports of 7,216 units, the Company sold 71,772 vehicles in March 2007.During the month, sales of A2 segment vehicles grew by 26 per cent compared to March 2006. Maruti Omni registered its highest ever monthly sales, at 8,566 units.
Posted by rupya at 11:00 PM
Heritage Foods - opens Retail Operations in Bangalore
Heritage Foods India Ltd has opened retail operations in Bangalore by commissioning three Retail Stores at
1. Jayanagar, Jayanagar, Bangalore
2. Indranagar, Kodihalli, Banglore
3. Basaveshwarnagar, Basaveshwarnager, Bangalore.
Posted by rupya at 11:00 PM
Educomp Solutions - LOI for 13 crore Computer aided learning program
Educomp Solutions Ltd has received a letter of intent from AMTRON, Government of Assam under the RGCLP project for implementing computer aided learning in 100 High Schools in Assam. The total size of the order is Rs 13.05 Crores over a period of 5 years.
Posted by rupya at 10:58 PM
Bharti Airtel reduces its ISD Tariffs its as low Rs 6.40 per minute
Bharti Airtel announced the reduction in International Long Distance Tariffs (ISD) for all its mobile customers in India.This is in line with the Company's endeavor to make International calling more affordable and deliver greater value to its growing number of mobile users.With effect from April 01, 2007, Airtel mobile customers can call USA, Canada, Australia and many other countries (details given in table below) for as low Rs 6.40 per minute - a reduction of 11% from the earlier rates.
Posted by rupya at 10:57 PM
Rana Sugars eligible for Carbon Credits to earn 10 crore
Rana Sugars Ltd is eligible for carbon credits as per registration with United Nations Framework Convention on Climate Change (UNFCCC) with retrospective effect from the year 2003. This would raise the net profit for the 2006-07 by Rs 10 crores on the 1,30,000 units of CER earned a US$ 17 per unit.
Posted by rupya at 8:00 PM
Market down below 500 , Bankex and AUTO heavily HIT
Market down below 500 , Bankex and AUTO heavily HIT
Posted by rupya at 2:51 PM
Market almost down by 400 points - BANKEX dragged the market down
As known the Rate hike hit the banking sector , as money flow might see a slow down , Banking sector benchmark, the BSE Bankex, was down 351.29 points, at 6,190.72.
Watch Sector wise live tracking of market at : http://www.rupya.com/sensex/market.php
Posted by rupya at 11:54 AM
April 1, 2007
Kaveri Seeds IPO files for DRHP with SEBI
First it was ADVANTA IPO which is in seed business got subscribed by 4 times,Next its Kaveri Seeds whihc has opted IPO line to grow its business,We will see some details about the company.
Kaveri Seed Company Limited is in the service of Indian farmer for more than three decades now, with a record accomplishment of high performance products and highest quality standards, the Company takes pride in its reputation as a 100-percent Indian Company with a national presence.
Kaveri has become synonymous with premium quality seeds possessing genetically superior traits.Kaveri has a sizable share in Indian seed market. Its product development line is full of new hybrids with high yielding potential together with tolerance to major pest and diseases.
Posted by rupya at 10:49 PM
ICICI Bank Raised floating rate of Home loans by 1% percent
India's largest private sector bank ICICI today hiked its floating reference rate by one per cent for consumer loans, including home loans, with effect from March 31.It also announced an increase of one per cent in its Benchmark Advance Rate, a release here stated.The revised FRR will be 12.75 per cent per annum as against 11.75 per cent at present and the revised I-BAR will be 15.75 per cent per annum payable monthly as against 14.75 per cent at present.
For existing floating rate customers, the increase in FRR by one per cent will be effective from April 1, 2007. Existing fixed rate customers, whose loans are fully disbursed, will, however, not be impacted by the increase and their contracted rates will remain unchanged, the bank stated. Reports PTI.
Posted by rupya at 1:41 PM
Moser Baer India acquires 40 percent stake in Slovenia-based Solarvalue Proizvodnja
Moser Baer Photo Voltaic (MBPV), a wholly owned subsidiary of the Company, on March 30, 2007, has announced that it has acquired a 40% strategic equity stake in the Slovenia-based Solarvalue Proizvodnja d.d. MBPV will acquire equity from the Germany based Solarvalue AG which currently owns 100% in the Slovenian company.
Posted by rupya at 1:26 PM
Tata Power purchases 30% equity stakes in two major coal company in Indonesia
Tata Power Company Ltd on March 30, 2007, has announced that it has signed definitive agreements to purchase 30% equity stakes (the “Purchase”) in two major Indonesian thermal coal producers, PT Kaltim Prima Coal (“KPC”) and PT Arutmin Indonesia ("Arutmin") (together the "Coal Companies"), and a related trading company owned by PT Bumi Resources Tbk ("Bumi"). As part of the Purchase, the Company has signed an Offtake Agreement with KPC which entitles it to purchase about 10 million tonnes of coal per annum.
Posted by rupya at 1:26 PM