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July 31, 2007
Alpa Laboratories Limited IPO Allotment Status - Alpa Laboratories Limited IPO Allotment Status is ready
Alpa Laboratories Limited IPO Allotment Status can be checked here :
Posted by rupya at 10:23 PM
Everonn system IPO listing date: Everonn System listing on the bourses
Listing date of Everonn Systems India Limited is August 01 2007.
It would list with a huge premium .This is one considered as another small educomp.
Listing On: Wednesday, August 01, 2007
BSE Script Code: 532876
NSE Symbol: EVERONN
Listing in: B1 Group of Securities in BSE
Issue Price: Rs. 140/- Per share (Face Value of Rs. 10/-)
Posted by rupya at 6:08 PM
Vinati Organics Bonus Issue : Vinati Organics announces 1:2 ratio of Bonus shares
Too many news for Vinati Organics they have announced a bonus issue of 1:2 and also they have signed Contract worth Rs 240 Crores with BASF Corporation, USA.
Posted by rupya at 6:05 PM
Bharat Electronics announces 2007-2008 Q1 Results
Not so impressive result from Bharat Electronics
Net profit:
The Company has posted net profit of Rs 263.00 million for the quarter ended June 30, 2007 as compared to Rs 602.70 million for the quarter ended June 30, 2006.
Net Income :
Total Income has decreased from Rs 5115.90 million for the quarter ended June 30, 2006 to Rs 4700.20 million for the quarter ended June 30, 2007.
Posted by rupya at 6:00 PM
Tata Motors announces Quarter end results for June 30th 2007
Net Profit :
The Company has posted profit after tax of Rs 4667.60 million for the quarter ended June 30, 2007 as compared to Rs 3818.50 million for the quarter ended June 30, 2006.
Net Income :
Total Income has increased from Rs 58354.70 million for the quarter ended June 30, 2006 to Rs 61431.40 million for the quarter ended June 30, 2007.
Posted by rupya at 5:58 PM
Reliance communication announces Fy2007-2008 Quarter 1 results
Reliance Communication has announces its its Q1 FY08 results.
Net Profit :
They have registered net profit of Rs 1221 crore in the first qtr versus Rs 1024.4 crore on QoQ basis.
Net Sales :
During the cooresponding quarters, its revenues were at Rs 4304 crore versus Rs 3936.9 crore, QoQ.
EBIDTA :
Its EBIDTA margin stood at 42.1% versus 41.5% on QoQ basis.
Posted by rupya at 5:47 PM
Dell Chennai Plant - Dell chennai plant starts Production
Dell Chennai plant - I had already talked about dell chennai plant in one of the old post , now they had started delivering the Made in India (Chennai) desktops to Infosys ,The Dell assembly line at Sriperumbudur would have an initial capacity of 4,00,000 units, including its new Vostro range.
Vostro desktops will be priced at 22,900 rupees and above, while notebooks will be available at a basic price of 31,900 rupees and above.Dell is expected to invest 30 million dollars in the plant over the next five years.Think this will create huge competetion for indian made PC market , for example Zenith computers will have a very good competetion from them , Dell is best in marketing , and you can see now in Us they have started selling PC from Walmart stores , soon they may join hand with retail chain in india and start selling through them .
Posted by rupya at 2:50 PM
Valecha Engineering Bonus Issue : Valecha Engineering Recommends 1:2 Bonus
Valecha Engineering Ltd has has recommended a Bonus in the ratio of 1 share for every 2 shares held.Please come back here for Record Date .
Posted by rupya at 2:41 PM
Satyam Computer Services signs Multi Million dollar deal with FIFA
so what does satyam has to do with FIFA , they have signed two multimillion dollar contracts to support FIFA and its major forthcoming events.So it will be great for those developers who are going to be working on this project , if they are a football fan it will be more challenging to work on a FIFA project.
They are going to develop a customized Event Management System for one of the world's premier sports organizations, and also to build an Extranet and Intranet for FIFA over the next 12 months. The Company's partnership will also include full, uninterrupted support for both solutions for FIFA, until the final whistle of each game.
Posted by rupya at 2:34 PM
Reserve Bank Of India Raises CRR rate to 7 percent
Reserve Bank of India (RBI) left its key lending rate unchanged at 7.75 percent on Tuesday, as expected, but raised the proportion of cash banks have to keep with it on deposit in order to mop up inflation-fuelling funds.
The RBI said the cash reserve ratio (CRR) would rise to 7.0 percent from 6.50 percent with effect from Aug. 4, taking it to its highest level since November 2001.This would again see a raise in deposit rates and interest hike we will wait and watch.
Posted by rupya at 2:28 PM
Purvankara Projects Limited IPO - Puravankara Projects IPO opens today
Purvankara Projects Limited IPO Details
Symbol - Series PURVA EQ
Issue Period July 31, 2007 to Aug 03, 2007
Issue Size 21,467,610 Equity Shares
Face Value Rs. 5/-
Price Range Rs. 500/- to Rs. 525/-
Tick Size Re. 1/- , Market Lot 10 shares
Minimum Order Quantity 10 shares
Maximum Subscription Amount for Retail Investor Rs.100000
Posted by rupya at 7:32 AM
Results 2007-2008 announced on July-30th-2007 at a glance
> Aditya Birla Nuvo has come out with first quarter numbers. It has posted consolidated net profit of Rs 99.8 crore as against Rs 66.71 crore in corresponding quarter of previous year.
> Akruti Nirman has announced its first quarter results. The company's Q1 net profit was down at Rs 46 crore (Rs 460 million) from Rs 57 crore (Rs 570 million), QoQ.
> Andhra Bank has declared its Q1 numbers. It Q1 standalone net profit was up at Rs 141.09 crore versus Rs 116.41 crore.
> Asian Electronics has come out with first quarter numbers. It has reported net profit of Rs 28.44 crore for first quarter as against Rs 6.25 crore in corresponding quarter of previous year.
> Asian Paints has announced its first quarter numbers. It has registered net profit of Rs 74.2 crore for first quarter as against Rs 58 crore in corresponding quarter of previous year.
> BEML has announced its first quarter numbers. It has reported standalone net profit of Rs 23.59 crore for first quarter compared to Rs 15.01 crore in corresponding quarter of previous year.
> Bharati Shipyard has announced its first quarter results. The company has posted net profit of Rs 22.2 crore as against Rs 12 crore.
> BHEL has come out with first quarter numbers. It has posted net profit of Rs 289 crore for first quarter as against Rs 237 crore in corresponding quarter of previous year.
> Cairn India has announced its second quarter numbers. It has reported consolidated net loss of Rs 71.44 crore and net sales of Rs 243.31 crore for second quarter.
> Divis Laboratories has declared its first quarter results. The company’s Q1 consolidated net profit was up at Rs 64.90 crore (Rs 649 million) versus Rs 25.63 crore (Rs 256.3 million).
> D-Link has declared its Q1 numbers. It Q1 net profit stood at Rs 5.9 crore. Its net sales stood at Rs 64.2 crore.
> Ess Dee Aluminium has announced its first quarter results. The company has posted net profit of Rs 16.3 crore for first quarter versus Rs 16.1 crore in previous quarter.
> GE Shipping has declared its first quarter numbers. It has posted standalone net profit of Rs 421.04 crore and net sales of Rs 869.69 crore.
> Glenmark Pharma has decalred its first quarter results. The company's Q1 consolidated net profit was up at Rs 57.15 crore (Rs 571.5 million) from Rs 18.67 crore (Rs 186.7 million).
> HDIL has come out with first quarter results. It has posted net profit of Rs 202.6 crore and net sales of Rs 446 crore.
> Hotel Leela has declared its first quarter results. The company's Q1 standalone net profit was down at Rs 30.16 crore (Rs 301.6 million) from Rs 62.78 crore (Rs 627.8 million).
> HPCL has decalred its first quarter results. The company's Q1 net loss was at Rs 86.93 crore (Rs 869.3 million) versus loss of Rs 607.7 crore (Rs 6.07 billion).
> India Cements has declared its first quarter results. Its Q1 net profit was up at Rs 183 crore as compared with Rs 112 crore in the corresponding quarter previous year.
> India Infoline declared its Q1 numbers. It registered consolidated net loss of Rs 7.21 crore versus net profit of Rs 18.96 crore.
> Indian Oil Corporation (IOC) has come out with first quarter FY08 numbers. It has reported growth of 10.8% in its net profit to Rs 1465 crore from Rs 1321.82 crore.
> INOX Leisure has declared its first quarter results. The company's Q1PAT was up at Rs 10.96 crore (Rs 109.6 million) versus Rs 8.37 crore (Rs 83.7 million).
> Jet airways has declared its Q1 results. Its Q1 net profit stood at Rs 30.9 crore versus a loss of Rs 44 crore.
> Maharashtra Seamless has announced its first quarter results. The company's Q1 standalone net profit was down at Rs 58.10 crore (Rs 581 million) from Rs 60.03 crore (Rs 600.3 million).
> Mahindra and Mahindra (M&M) has come out with first quarter numbers. It has reported consolidated net profit of Rs 299.6 crore for first quarter compared to Rs 290 crore in corresponding quarter of previous year.
> Monnet Ispat has announced its first quarter numbers. The company has posted net profit of Rs 48.55 crore for first quarter versus Rs 26.64 crore.
> Motherson Sumi has declared its Q1FY08 numbers. It has reported consolidated net profit of Rs 38.08 crore for first quarter versus Rs 24.21 crore in corresponding quarter of previous year.
> Nagarjuna Construction has announced its first quarter results. The company has posted decline of 6.35% in its net profit of Rs 36 crore for first quarter as against Rs 38.4 crore.
> Nalco announced its Q1 FY08 result. The company in Q1 reported standalone net profit of Rs 446.66 crore versus Rs 622.30 cr.
> NIIT has declared its Q1 numbers. It Q1 standalone net profit was up at Rs 15.4 crore up 17%, YoY.
> NTPC has announced its first quarter results. The company has posted net profit of Rs 2,369 crore (Rs 23.69 billion) for first quarter as against Rs 1,553 crore (Rs 15.53 billion) in corresponding quarter of previous year.
> OBC has decalred its first quarter results. The company's standalone net profit was up at Rs 139.18 crore (Rs 1.39 billion) from Rs 94.02 crore (Rs 940.2 million), YoY.
> Parsvnath Developers has come out with first quarter results. It has registered net profit of Rs 102 crore for first quarter compared to Rs 132.4 crore in previous quarter.
> R Systems has announced its first quarter results. The company has reported net profit of Rs 7.3 crore versus Rs 4.8 crore in previous quarter.
> SpiceJet has announced its first quarter results. It has reported net profit of Rs 18.53 crore for first quarter as against loss of Rs 3.68 crore.
> Sun TV has announced its first quarter results. The company has posted net profit of Rs 93 crore for first quarter of FY08.
> Sundram Fasteners declared its Q1 FY08 results. The company in Q1 reported net profit of Rs 25.55 crore versus Rs 18.02 crore on yoy basis. During the corresponding quarters, its net sales were up at Rs 298.27 crore versus Rs 291.28 cr.
> Syndicate Bank has announced its first quarter results. The company's Q1 standalone net profit was up at Rs 221.03 crore (Rs 2.21 billion) from Rs 180.58 crore (Rs 1.80 billion).
> Tata Steel has declared its first quarter results. The company's net profit was up Rs 1222.11 crore (Rs 12.22 billion) versus Rs 953.41 crore (Rs 9.53 billion).
> Torrent Power has announced its first quarter results. The company has posted net profit of Rs 36 crore and sales of Rs 898 crore for first quarter.
> TV Today Network has come out with first quarter FY08 numbers. The company has reported consolidated net profit of Rs 7.99 crore for first quarter as against Rs 2.72 crore in previous quarter.
> Unitech has announced its first quarter numbers. It has reported consolidated net profit of Rs 365.67 crore for first quarter and net sales of Rs 865.59 crore.
> Uttam Galva declared its Q1 FY08. Its net profit in was at Rs 22.7 cr vs Rs 22.6 cr.
> Vijaya Bank has announced its Q1 FY08 result. The bank in Q1 has reported net profit of Rs 111.4 crore versus Rs 72.6 crore on Yoy basis.
> Visa Steel Q1 FY08 net profit at Rs 5.13 crore versus Rs 8.12 crore, on YoY basis. During the corresponding quarters, its net sales were at Rs 72.06 crore versus Rs 113.5 crore.
> Wyeth declared its Q1 FY08 result. Its Q1 standalone net sales were up at Rs 86.77 cr from Rs 74.24 cr on YoY basis. Its net profit during the corresponding quarters were at Rs 24.73 crore versus Rs 25.23 cr.
Posted by rupya at 7:26 AM
Elecon Engineering Companyreceives order worth 378.50 crores
Elecon Engineering Company Ltd has received a Letter of Acceptance of Rs 378.50 Crores for design, engineering, supply, civil and structural work, erection and commissioning of Mechanical Handling Equipment for Mejia Thermal Power Station Phase - II (2x500 MW) Coal Handling Plant from Damodar Valley Corporation.
Posted by rupya at 7:23 AM
July 30, 2007
See the Live Market index through this link
Hi , i created a live market link and its updated every second as you see it , just have to refresh your screen to know the latest , no one gives sooner than this link .Just make sure you clear cache if you see the same value.
Posted by rupya at 10:59 AM
DSP Merrill Lynch World Gold Fund - New Fund Offer
Mutual Fund Family : DSP Merrill Lynch Mutual Fund
Fund Name : DSP Merrill Lynch World Gold Fund
Objective of Scheme : is a open ended fund of funds scheme investing in gold mining companies through an international fund ,The primary investment objective is to seek capital appreciation by investing mainly
in the units of Merrill Lynch International Investments Fund – World Gold Fund.
Scheme Category : Growth/Gold Fund
New Fund Period : 25-Jul-2007 to 23-Aug-2007
Offer Price (Rs.) 10
Min Investment : Rs 5,000
Entry Load : 2.25% (for regular investments during NFO and
continuous offer)
Exit Load : 0.50% for holding period 6 months.
Posted by rupya at 10:41 AM
July 29, 2007
Escorts Infrastructure Fund from Escorts Mutual Fund - New Fund Offer
Mutual Fund Family : Escorts Mutual Fund
Fund Name : Escorts Infrastructure Fund
Objective of Scheme : Is to provide income distribution and/or medium to long term capital gains by investing predominantly in equity/equity related instruments of the companies in the infrastructure sector
Scheme Type Close Ended
Scheme Category Growth
New Fund Period : 26-Jul-2007 to 24-Aug-2007\
Offer Price (Rs.) 10
Minimum Subscription Amount 5000
For Further Details Please Visit Website: http//www.escortsmutual.com
Posted by rupya at 11:09 PM
UCO Bank , Bank of Baroda , Indian Overseas Bank , Karnataka Bank and State Ban of India Declares results
All banks have shown more th 50 percent Profit in the Quarter Results these are the results for various banks that came over weekend .
> UCO Bank has declared its First Quarter numbers. It First Quarter standalone net profit was up at Rs 132.87 crore versus Rs 61.51 crore.
> Bank of Baroda has come out with first quarter numbers. The bank has reported growth of 102.57% in its net profit of Rs 330.84 crore for first quarter as against Rs 163.32 crore in corresponding quarter of previous year.
> Indian Overseas Bank (IOB) has announced its first quarter results. The bank has reported standalone net profit of Rs 268.49 crore versus Rs 222.04 crore.
> Karnataka Bank has announced its first quarter results. The bank has posted standalone net profit of Rs 51.79 crore as against Rs 41.03 crore in corresponding quarter of previous year.
> State Bank of India (SBI) has announced its first quarter numbers. It has posted growth of 78.54% in its first quarter standalone net profit of Rs 1425.81 crore as against Rs 798.57 crore in corresponding quarter of previous year.
Posted by rupya at 10:48 PM
State Bank Of India Net surges amost 80 percent
>First it was Releiance Industries next its State bank of India , which will make the market to think if its can get hold of Bear or Bull infact its ok if it gets hold of Bear but not crash on it , SBI gave net profit of Rs 1425.81cr up by 78.54 percent .
Net Profit : Its first quarter standalone net profit of Rs 1425.81 crore as against Rs 798.57 crore in corresponding quarter of previous year.
Net Interest rIncome
Standalone net interest income increased to Rs 4,497.39 crore (Rs 44.97 billion) versus Rs 3,884.09 crore (Rs 38.84 billion).
Posted by rupya at 8:44 PM
Reliance Industries Impressive Quarter results - 2007 Q1 results
Reliance Industries has declared its Q1 numbers and it might help market to recover monday.
Q1 2007 Net Profit
It Q1 net profit was up 28% at Rs 3,264 crore versus Rs 2,547 crore.
Net Sales
Its net sales was up 14.4% at Rs 28,056 crore versus Rs 24,522 crore.
Reliance Industries Quarter Results points.
Q1 Gross Turnover At Rs 29,493 Cr
Q1 EBITDA Margin At 18.5%
Net Profit Margin At 11.6%
Q1 Refining Margin At 11.2% Vs 9.8%
Q1 Petchem Margin At 13.7% Vs 11.1
Q1 GRM At $15.40 Vs $13 (QoQ)
Posted by rupya at 8:10 PM
Simplex Projects IPO allotment Status
Simplex Projects Limited IPO was closed on July 13, 2007 and was oversubscribed by around 85.53 times (retail 49.26 times) , They are ready with IPO allotment status and can be check here.
PS : I have to say they have very vast website , no idea how much time does it take for them to0 switch to a new hosting provider.
Posted by rupya at 2:32 AM
July 28, 2007
What you should and What you should not do while Sensex Crashes ?
What you should do and What you should not do while the market crashes?
>Ok if you have answer for this question then everyone will be happy on a crashing market day , infact when we know the answer for this question then from that moment onwards the market migth not crash at all , first thing panic between investors is the one that causes the Crash or else it might be like a 100 or 200 point fall , you just panic oh my god how much i might loose becasue of this crash .
>Second thing when the market crashes i will always advice to sell the stock that are in profit and later buy the same in the down market and hold it for your portfolio.This is applicable for the stock which are in loss also until you know what type of market it would be the next day, for example on friday if the market closes like 580 points down and the market is favoured by global news then i will book loss in my counter and come in monday and based on the opening move i might buy it back , But with a Global market like this Mainly US market which is down by 200 points again , you never know how much will it go down again .
Third thing to be safe on a Crashing market like this follow these rules.
>Put your money in the market just little by little , dont be too greddy while profitting or buying and make sure its consistent.just stay " aram se " Eng (" stay cool") while the bulls and bears ride it out.
>You just dont put your money in same basket put in all sectors,company sizes (by market capitalization) and regional distribution.This way your portfolio is not hit by one thing it has to be hit by several thing in order for the portfolio to sink in red.Like for example there are some stocks which was not really hit by yesterdays market , it was still up .
>Another best advice dont go into Futres when the market is too hot , im saying this out of personal experience
Mohamed Abdulla
TKS FOR YOUR E-MAIL.YOU PLEASE WAIT,NO HURRY TO TAKE DECISION,THIS CRASHES IS TEMPORARY,NOT PERMANENT, OUR SENSEX WILL REACH 16000 BEFORE 2007.SO KEEP THIS IS MY REPLY FOR YOU.
Vikas Gupta
First of all. Donot panic out.
Secondly, if someone needs cash in short term/near future, he has to access his stoocks status. The stocks which has fallen relatively less, he might offload the first.
Thirdly, you should have started looking upon the valuations of the stocks which you missed during the Bull run & the time to start hunting for the correct entry level.
Fourthly. please deploy your funds in instalments & not in one go.I think that one should see opportunity at every fall & take advantage of that.
Dinesh
I think one should get out from useless stocks and get into better stocks which have corrected during the crash. Any crash should be seen as an opportunity to buy good stocks which have proved their worth in runups.
Shailesh
Most large crashes take about 6 weeks to 12 weeks to recover .... even when sept 11 happened with the Dow. If fundamentals are in place then over this following few weeks markets will look to mean revert.
Gopinath
Buy as much as of the A group shares with high %loss (as on Friday) to get maximum benefit on Monday /afterwards.
Umesh
Just dont panic is the keyword. Book the profits if there is any. For the stocks with less than cost price, just hold on if it is good stock. In case of penny stock just sell off at whatever price u get
Rahul
HI,
When the market crashes what to do is purchase more stock which u already have or other than that at a lower level & what not to do is don's sell u r existing stock in loss.
According to me the this is the simple way to protect our funds from market crashes.
Ashwani Sarpaul
Thanks for mail . Your topic is good.My suggestion, Dont be panic, market may crash further 100 to 299 points but it will recover 300 points before major crash.BOOK Profits, corrections may start coming by first week end August onwards.It may correct upto 1500 to 1700 points , Sensex can even touch 13800 to 13900 in AUGUST ITSELF.Collect cash to buy on dips as Indian companies are strong and you may see 18000 levels by year end.
Posted by rupya at 6:52 PM
Indian Stock market might have another Bad opening monday
Dow jones and US market crashes again on Friday for the second day , as we all know it crashed like 2 percent the Previous day
Dow 13,265.47 down by 208.10 (1.54%)
Nasdaq 2,562.24 down by 37.10 (1.43%)
S&P 500 1,458.95 down by 23.71 (1.60%)
The market while started it did do better as tghe GDP growth news was favouring the market bu t during the End of Day , there was concerns that there is reduction in credit markets which might in turn hurt those company Buyouts and Takeovers by other company,and that losses in the subprime mortgage market may spill over into the broader economy.So they are worried and that economy might be hit BAD because of this , the second concern was a nearly 3 percent rise in oil prices to their second-highest settlement on record added to worries about the economy.
So totally DOWN fell like 4 percent for the week and you might not believe totally 300 Billion dollar worth is wiped out from S&P 500 index.
Posted by rupya at 6:41 PM
Central Bank of India IPO Allotment and Oversubscription on the final Day
Central Bank of India Oversubscribed by 62.07 times and on the retail side its subscribed by 16 times.
Total Issue Size 80000000
Total Bids Received 4965716880
Total Bids Received at Cut-off Price 356456160
No. of times issue is subscribed 62.07
As per the Data from NseIndia
Visit here for Central Bank of India IPO Allotment Details.
Posted by rupya at 1:41 AM
July 27, 2007
Markets Slips Further - sensex Down by 500 points
Market loose ground further sensex down by 500 points nifty down by 160 points.
Heavy losers are
500103 BHEL -105.20 -5.99
532712 REL COM LTD -30.75 -5.40
500010 HOUSING DEVELOPMENT FINANCE CO -108.40 -5.36
500510 LARSEN & TOUBRO LTD. A -125.00 -4.92
500470 TATA STL A -33.45 -4.76
500112 STATE BANK OF INDIA A -70.95 -4.57
500440 HINDALCO IN A -8.25 -4.51
500180 HDFC BANK LT A -54.05 -4.43
500312 ONG CORP LTD A-35.00 -3.70
500570 TATA MOTORS A -26.75 -3.66
Posted by rupya at 1:01 PM
Inflation for the week ending July 4th 2007
Inflation data for week eneding july 4th 2007 as come out .Inflation raises to 4.41 vs 4.27 percent , not a big raise but was expected at 4.36 percent
Posted by rupya at 1:00 PM
Market Collapses by 400 points
Asian market is down , US market collapsed and more volatile market is expected when it comes to US market which might reflect in global markets also .
Posted by rupya at 11:31 AM
Everonn syetems IPO Allotment status
Everonn syetems IPO Allotment status is ready to be checked here.
Posted by rupya at 11:13 AM
July 26, 2007
Central Bank of Indian on last but one day is subscribed by 11 times
Central Bank of Indian on last but one day is subscribed by 11 times , the retail might have crossed at least more than 1 for sure this would have a good listing gains , and there is one more day we can see this totally subscribed by 30 times , so you guys can apply for this for some listing gains.
Posted by rupya at 5:29 PM
IVR Prime finally Fully subscribed on the Closign day
IVR Prime which till yesterday dint see mucvh movement on the final day have some subscription , its totally subscribed by 5.5 times may be while closing it might be 10 or so , and not sure now if retail is fully subscribed , but there would be sure allotment , and it might list like HDIl or DLF , we will see the final figure of subscription by today night.
Posted by rupya at 5:26 PM
Maruti Suzuki India Limited new name for Maruti Udyog Limited
"Maruti Udyog Limited to have a new name: Maruti Suzuki India Limited" , this is the statement they have given to the Stock exchange , so Maruti udyog will have a new name soon and may be new cars also in thr cradle , they are going to be called as Maruti Suzuki India Limited.
Posted by rupya at 5:23 PM
Maruti Udyog announced strong Quarter Results
Maruti Udyog has declared its first quarter results for 2007 -2008
Net Profit
The company's Q1 net profit was up 35% at Rs 499 crore (Rs 4.99 billion) versus Rs 369.6 crore (Rs 3.69 billion).Operating profit margin stood at 14.6% and other income increased to Rs 223 crore from Rs 143 crore.
Net Sales
Its net sales were up 26% at Rs 3,930 crore (Rs 39.30 billion) from Rs 3,125.5 crore (Rs 31.25 billion).
Posted by rupya at 5:21 PM
MRF announced a strong Quarter Results
MRF has announced its third quarter standalone numbers.It has reported net profit of Rs 42.50 crore for third quarter compared to Rs 8.17 crore in same quarter of previous year.Standalone net sales stood at Rs 1,133.43 crore versus Rs 994.77 crore.
Posted by rupya at 5:19 PM
Reliance Capital Limited (RCL) annonces impressive Results for quarter ended June 30 2007
Total Income :
·> Total Income of Rs 514 crore ,against Rs.132 crore in the corresponding previous period, an increase of 288 %
·> Consolidated Total Income of Rs 1,176 crore , against Rs. 356 crore in the corresponding previous period, an increase of 230 %
Net Profit :
·> Net Profit of Rs 302 crore, against Rs.95 crore in the corresponding previous period, an increase of 220 %
·> Consolidated Net Profit of Rs 325 crore , against Rs.113 crore in the corresponding previous period, an increase of 188 %
Earning Per Share :
·> Earning per share (EPS) of Rs 12.15 , against Rs.3.87 in the corresponding period previous year, an increase of 214 %
·> Consolidated Earning per share (EPS) of Rs 13.07 , an increase of 183 % over corresponding previous period
Total Asset in Hand
·> Total Assets of the company stood at Rs 8,345 crore.
Posted by rupya at 11:38 AM
Redington typed good results for 2007-2008 First Quarter
Redington has announced its first quarter numbers. It has posted consolidated net profit of Rs 27.3 crore as against Rs 15.45 crore.Consolidated net sales stood at Rs 2,499 crore versus Rs 1,407.9 crore.
Posted by rupya at 11:36 AM
Shringar cinemas making a good show after good result
Shringar Cinema has announced Q1 results. Its Q1 net profit stood at Rs 5.22 crore versus Rs 1.26 crore.Its net sales stood at Rs 18.2 crore versus Rs 10.5 crore.
Posted by rupya at 11:34 AM
Bharti Airtel Declares 2007-2008 First Quarter Results
Bharti Airtel has come out with first quarter results. The details is as follows.
Net Profit
The company has posted consolidated growth of 11.75% in its first quarter net profit of Rs 1512 crore (Rs 15.12 billion) as against Rs 1,353 crore (Rs 13.53 billion) in the previous quarter.
Net Revenue
Revenue increased by 9.56% to Rs 5909 crore (Rs 59.09 billion) versus Rs 5,393.2 crore in earlier quarter. EBITDA margin stood at 41.4%.
This is more than expectation but they are seen declined in so many aspects like APRU and net received per minute which is seel at 81 paise against 85 paise.
Posted by rupya at 11:31 AM
IDFC has declared its 2007-2008 first quarter results
IDFC has declared its first quarter results.The details is as follows.
Net Profit
Its standalone net profit was up at Rs 167.81 crore (Rs 1.67 billion) versus Rs 121.23 crore (Rs 1.21 billion).
Its consolidated net profit was up at Rs 180.98 crore (Rs 1.80 billion) from Rs 131.15 crore (Rs 1.31 billion).
Net Sales
The company's consolidated net sales were up at Rs 609.63 crore (Rs 6.09 billion) versus Rs 338.83 crore (Rs 3.38 billion).
The company's Q1 standalone net sales were up at Rs 556.79 crore (Rs 5.56 billion) versus Rs 321.14 crore (Rs 3.21 billion).
Posted by rupya at 11:28 AM
Rasi Electrodes Board Declares Bonus
Rasi Electrodes Board of Directors has recommended issue of bonus shares in the ratio of Two Equity Shares of Rs 10 each for every Five Equity Shares held on the record date to be subsequently fixed subject to the approval of the shareholders at the ensuing 13th Annual General Meeting to be held on September 28, 2007.
Posted by rupya at 11:26 AM
Puravankara Projects IPO - Puravankara IPO fixes its Issue Price
Puravankara Projects - So next Real estate IPO thats going to hit the market is Puravankara IPO ,
Girish Puravankara, MD at Puravankara Projects has informed that the company has fixed a price band for their IPO between Rs 500-525. The total amount that they intend to raise is Rs 1,075 crore.On talking about the Land bank and total area that had been developed by Puravankara he said thet 116.24 million sq. ft - that’s the total developable area what the company has, of which they are developing around 13.99 million sq. ft. So on future land holding, that’s around 102 million sq. ft.For more details of Puravankara IPO come back here .
Posted by rupya at 8:57 AM
TAKE Solutions IPO opens on August 1 2007
About Take Solutions :
TAKE Solutions, an international business technology company with a focus on life sciences and supply chain management solutions,
>About Take Solutions IPO
They will enter the capital market with an initial public offer (IPO) of upto 2,100,000 equity shares of Rs 10 each for cash at a price to be decided through the 100% book building process.
Issue Open/Close Date : Open for subscription on August 1, 2007, and close on August 7, 2007.
Price Band : Price band between Rs 675 and Rs 730 per equity share.
Posted by rupya at 8:53 AM
Zylog systems IPO Allotment and Oversubscription on the Final Day
Zylog systems IPO which had a Public issue had received bids for 25.68 crore shares, which includes bids for 2.65 crore shares at cut off price. It was oversubscribed 71.35 times, as per NSE website.
>Qualified Institutional Buyers (QIBs) 2100000 188063600 89.5541
>Non Institutional Investors 350000 50383980 143.9542
>Retail Individual Investors (RIIs) 1050000 36889600 35.1330
>Employee Reservation 100000 110560 1.1056
Posted by rupya at 8:50 AM
Omnitech InfoSolutions IPO allotment and Oversubscription details
Omnitech InfoSolutions has subscribed 57.87 times, They had come out with a public issue aggregating Rs 35 crore in the price band of Rs 90 to Rs 105 per equity share of Rs 10 each, including reservation for employees aggregating to Rs 1.75 crore. Retail subscibed by more than 50 times.
Posted by rupya at 8:43 AM
July 25, 2007
Allied Digital Services List at 325 against issue price of 190
Allied Digital Services List at 325 against issue price of 190 , and now its trading at 360 rs , the overall market is down are else this would have touched 400 rs , we will wait and watch this stock.
Posted by rupya at 11:00 AM
Asian Granito India Limited IPO opening today
IPO Details
Symbol - Series AGIL EQ
Issue Period July 26, 2007 to July 31, 2007
Issue Size 7000000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 85/- to Rs. 102/-
Tick Size Re. 1/-
Market Lot 60 shares ,Minimum Order Quantity 60 shares
Posted by rupya at 1:34 AM
IDEA Cellular , Pratibha Industries , ONGC , Hero Honda and Hindustan Zinc declares Quarter Results
Balrampur Chini has come out with its Q3 results. Its Q3 standalone net sales is at Rs 365.26 crore versus Rs 392.96 crore.
Britannia has come out with its Q1 results. Its Q1 standalone net profit is at Rs 36.10 crore versus Rs 30.30 crore.
City Union Bank has come out with its Q1 results. Its Q1 net profit is at Rs 21 crore versus Rs 12 crore.
Eicher Motors has announced its first quarter results. The company has posted net profit of Rs 11.13 crore for the first quarter versus Rs 8.4 crore in corresponding quarter of previous year.
Elder Pharma declared its Q1 FY08 results. The company in Q1 has registered net profit of Rs 15.1 crore. During the same quarter, its net sales was at Rs 125 crore.
Hero Honda announced Q1 FY08 results. The company registered Q1 net profit was down at Rs 189.94 crore against Rs 237.74 crore on YoY basis.
Hindustan Zinc has come out with first quarter FY08 results. The company has reported net profit of Rs 1,185 crore for the first quarter as against Rs 874 crore in corresponding quarter of previous year.
IDEA Cellular has announced its first quarter results. The company has reported net profit of Rs 308 crore for the first quarter as against Rs 193.1 crore in previous quarter.
JSW Steel has announced its first quarter results. The company has reported net profit of Rs 428 crore as against Rs 170.3 crore.
Mahindra Gesco has announced its first quarter results. The company has posted standalone net profit at Rs 12.20 crore as against Rs 3.38 crore.
ONGC is to declare its Q1 FY 08 result. According to CNBC-TV18 estimates, the oil major is expected to register net profit of Rs 4075 crore in Q1 of FY08 versus Rs 4119 crore in the corresponding quarter of last financial year.
PNB Gilt has come out with first quarter results. It has reported net profit of Rs 14.2 crore and net sales of Rs 39.9 crore for the first quarter.
Pratibha Industries has come out with first quarter results. It has posted net profit of Rs 6 crore versus Rs 3.75 crore.
Shasun Chemicals and Drugs has announced its first quarter results. The company's Q1 net profit was down at Rs 1.6 crore (Rs 16 million) versus Rs 6 crore (Rs 60 million).
Tulip IT Services has come out with first quarter FY08 numbers. The company has posted Q1 net profit at Rs 28 crore versus Rs 33 crore in the previous quarter.
Posted by rupya at 1:24 AM
Zylog Systems Limited IPO Allotment and Subscription on last but one day
Zylog Systems Limited subscribed by 7.35 times on the whole , Qualified Institutional Buyers (QIBs) by 11 times and the retail by just 3 times or so , the IPO is closing tomorrow , one can apply for this also for listing gains.
Posted by rupya at 1:12 AM
Omnitech InfoSolutions Limited IPO Allotment and Subscription Details
Omnitech InfoSolutions Limited IPO susbscribed by 4.7 times on the whole and Qualified Institutional Buyers (QIBs) 7.8480 time and Retail by 2.86 times, for sure tomorrow being the last day it might reach 15 to 20 times by tomorrow evening , one can apply for easy listing gains.
Posted by rupya at 12:56 AM
July 24, 2007
Central Bank of India IPO oversubscribed fully in 2 hrs of opening
Central Bank of india which opened for subscription today got fully subscribed infact around 2 times , the reason might be Bank stocks are all doing good now and also the IPO price is less compared to Big Infra IPO that are opened now .
Subscription Details.
Total Issue Size 80000000
Total Bids Received 136145520
Total Bids Received at Cut-off Price 150840
No. of times issue is subscribed 1.70
Posted by rupya at 1:44 PM
Central Bank of India IPO opens Today for subscription
Issue Period : July 24, 2007 to July 27, 2007
Issue Size : 80000000 Equity Shares
Issue Type : 100% Book Building
Face Value Rs. : 10/-
Price Range Rs. : 85/- to Rs. 102/-
Tick Size Re. 1/-
Market Lot 60 shares , Minimum Order Quantity 60 shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
Posted by rupya at 1:41 PM
ABG Shipyard bags order for 1460 crores from Precious Shipping Thailand
ABG Shipyard Ltd has secured a big order for Construction of 12 vessels of approximately 32,000 DWT, for a total price of US $ 360 million (Rs 1460 crores) from Precious Shipping Public Co. Ltd., Thailand,the book order was like 4000 crore or something before winning this order , the stock has gone up almost by 50 rs today .
Posted by rupya at 12:20 PM
HDIL List today at 550 rs vs issue price of 500 rs
HDIL lists at 550 vs issue price of 500 , now the stock is quoting at 538 rs.
Posted by rupya at 11:01 AM
Siemens , MRPL , Dabur Dr Reddys , Rolta and Sun Pharma Declares Quarter Results
>Dabur India has come out with first quarter results. The company has reported net profit for the first quarter at Rs 62.22 crore as compared to Rs 48.22 crore in same quarter of previous year.
>Dr Reddy's Labs has come out with first quarter results. It has reported net profit for the first quarter at Rs 182.5 crore as against Rs 139.8 crore.
>Jindal Stainless has come out with first quarter results. The company has posted standalone net profit at Rs 82.60 crore versus Rs 50.79 crore.
>Mahindra & Mahindra Financial Services has announced its first quarter results. It has posted growth of 11% in its first quarter net profit at Rs 21.4 crore compared to Rs 19.2 crore in corresponding quarter of previous year.
>MRPL has announced its first quarter results. It has reported standalone net profit for the first quarter at Rs 368.5 crore as against Rs 215.9 crore in corresponding quarter of previous year.
>Rolta announced its Q4 FY07 result. The company's Q4 net profit was up 7.24% at Rs 48.84 cr versus Rs 45.54 crore on QoQ basis. During the corresponding quarters, its revenues were up at Rs 203 crore versus Rs 185.49 crore.
>Siemens India has announced its third quarter results. The company has reported first quarter standalone net profit at Rs 81.79 crore versus Rs 56.52 crore.
>Sun Pharma announced its Q1FY08 result. Its Q1 consolidated net profit was up at Rs 227.20 versus Rs 176.73 crore on YoY basis. During the corresponding quarters, its net sales were up at Rs 627.50 crore versus Rs 511.64 crore, YoY.
>Tata Sponge has announced its first quarter results. The company has posted first quarter net profit at Rs 16.53 crore versus Rs 3 crore.
Posted by rupya at 12:46 AM
Nitco Tiles making money through Nitco Realties also
Nitco Tiles Ltd has informed that the Company is engaged in the business of Real Estate development through its wholly owned subsidiary Nitco Realties Pvt Ltd. For these initial set of properties Knight Frank has valued the Net Present Value of the land bank of the Company at Rs 406 crores. These projects will be completed over a period of 3 years.So when they start about landbanks soon they may come out with IPO , thats what is happening most probably with most of the company.
NITCO Realties Pvt. Ltd. (Nitco Realties) is a 100% subsidiary of NITCO Tiles Ltd. Nitco Realties is in the business of development of real estate. Nitco Realties is developing several real estate properties through Special Purpose Vehicle (SPV) wherein its interest ranges from 20% to 100%. The share of Nitco Realties in the areas under development under various SPVs is approx. 5.4 lakhs sq. ft. out of which 1.6 lakhs sq. ft., 3 lakhs sq. ft. and 0.80 lakhs sq. ft. is being developed at Worli (Mumbai), Goregaon (Mumbai) and Pune respectively. There are also other projects in the pipeline.
Posted by rupya at 12:40 AM
Punj Lloyd secures 316 crore order through Dayim Punj Lloyd Construction Contracting Company
Punj Lloyd Ltd has announced that Dayim Punj Lloyd Construction Contracting Company Ltd, a joint venture company of Punj Lloyd Ltd, a global EPC services provider in energy and infrastructure domains, has secured its first order from Saudi Kayan Petrochemical Company (SABIC) in KSA. the contract value of the EPC is US 79 Million Dollars.
Posted by rupya at 12:36 AM
Pratibha Industries wins two order worth 435 crore from Mumbai Municipal
Pratibha Industries Ltd has secured two contracts from Municipal Corporation of Greater Mumbai for water supply schemes. The total value of the contracts is Rs 434.86 crores.
Posted by rupya at 12:09 AM
July 23, 2007
IVRCL Infrastructures wins orders of Rs 641.39 crores from 5 AP Irrigation Projects
IVRCL Infrastructures & Projects Ltd has been awarded the five irrigation works by the irrigation & C.A.D Department, Government of Andhra Pradesh, amopunting to 641.39 crores.The stock rose today hearing the news of the order.
Posted by rupya at 11:54 PM
Suryachakra Power Corporation gave good profit to the Stock Holders
Suryachakra Power Corporation scrip ended at Rs 22.82, a premium of 14.1% over the IPO price of Rs 20. This is more than some good IPO would have yield on the listing day , and infact the good part is everyone got full allotment on the IPO , this would have been some good gain for the holders.
Posted by rupya at 11:51 PM
IVR PRIME IPO Allotment and Subscription data on the First Day
I have to say that IVR Prime IPO is not even subscribed by .0000001 times may be its just starting and the amount is really big , it might show some sign only on the last but one day , we will see , But i expect the same response as HDIL and DLF for IVR Prime IPO
Posted by rupya at 9:34 PM
Zylog Systems IPO Allotment Status and Subscription Details - 2 Days to close
Zylog systems which has 2 more days to close is subscribed by 4.7 times and on the retail side its subscribed by just 1 times, on the Institutional Investor its subscribed by more than 5 times , before it closes it might atleast subscribe by 50 times.
Total Issue Size 3600000
Total Bids Received 17022980
Total Bids Received at Cut-off Price 841160
No. of times issue is subscribed 4.73
Posted by rupya at 9:27 PM
Mutual Fund Dividend for July Week ending 21st 2007
| Mutual Fund | Record Date | Dividend Amount |
| ICICI Pru Emerging S.T.A.R.(D) Buy Online | 20-07-2007 | Rs. 2.50 |
| ICICI Pru FMCG Fund (D) Buy Online | 20-07-2007 | Rs. 2.00 |
| Kotak 30 (D) | 20-07-2007 | Rs. 3.00 |
| Tata Select Equity Fund (D) | 20-07-2007 | Rs. 2.00 |
| Franklin India Prima Fund (D) | 18-07-2007 | Rs. 6.00 |
Posted by rupya at 12:20 AM
July 22, 2007
Exide Industry given excellant Quarter Results
Exide Industries is something i was watching for a long time and this is really come out with good news they have shown almost 100 percent up in Net Profit , i should have bought it before the result the stock is already up by 20 percent .
Net Profit :
Net profit was up at Rs 70.1 crore versus Rs 38.11 crore in the corresponding quarter previous year.
Net Sales
Net sales increased to Rs 663.92 crore from Rs 441.11 crore in corresponding quarter of previous year.
May be we have to pick Amarraja Batteries before its results.
Posted by rupya at 11:55 PM
Satyam Computers comes out with Quarter results
Satyam Computer Services has announced its first quarter results. It has reported first quarter consolidated net profit at 378.3 crore (Rs 3.78 billion) as against Rs 393.6 crore (Rs 3.93 billion) in previous quarter, decline of 3.89%. Consolidated net sales stood at Rs 1,830.2 crore (Rs 18.30 billion) versus Rs 1,779 crore (Rs 17.79 billion), up by 2.9%. This is the last It company to come out with results on a average all the It company where hit by Rupee appreciation .
Had seen this very good video on them from CNN IBN.
Posted by rupya at 11:48 PM
July 21, 2007
ICICI Bank declares its Quarter results - Above Expectation
ICICI Bank has come out with its first quarter results. The bank has posted growth of 25% in its first quarter standalone net profit of Rs 775.08 crore (Rs 7.75 billion) as against Rs 620.01 crore (Rs 6.2 billion) in corresponding quarter of previous year.This is less than the Previous quarter of 812 crores.
As you can see they have increased the interest over the Quarter the interest income as raised by 16.2% to Rs 1714.25 crore (Rs 17.14 billion) from Rs 1475.28 crore (Rs 14.75 billion).Other income has gone up by 70% to Rs 1,715 crore (Rs 17.15 billion) versus Rs 1,011 crore (Rs 10.11 billion).Fee based income was up 35% at Rs 1,400 crore (Rs 14 billion).
Posted by rupya at 11:59 PM
Indian Bank declared its Quarter Results - Not so impressive
Indian Bank has announced its first quarter results. The bank has posted standalone net profit at Rs 212.03 crore and net interest income at Rs 490.49 crore.This is less compared to March 2007 results ,it was 235 crore profit compared to last quarter .We can stay away from this stock for some time.
Posted by rupya at 11:36 PM
Suryachakra Power Corporation Limited IPO listing on Monday July 23rd 2007
Suryachakra Power Corporation Limited IPO is listing on Monday, July 23, 2007
BSE Script Code: 532874
NSE Symbol: SURYACHAKRA
The Issue Price was priced at Rs. 20/- Per share , the issue dint get subscribed much so , if the IPO gets a good gain on the listing day then will suggest to sell and book profit in it .
Posted by rupya at 11:15 PM
Allied Digital Services Limited IPO Listing on Wednesday, July 25 2007
Allied Digital Services Limited IPO Listing on Wednesday, July 25,2007
BSE Script Code: 532875
NSE Symbol: ADSL
The Issue was priced at Rs. 190/- Per share.
All the investors who got allotment in Allied Digital services will make a killing on the listing day, the stock got subscribed by
60 times and the retail itself got by 38 times .so the stock is expected to list anywhere from 350 to 400 rs.
Track the stock price here.
Posted by rupya at 10:57 PM
Housing Development and Infrastructure Ltd Listing on Tuesday July 24th 2007
Housing Development and Infrastructure Ltd. IPO listing on Tuesday, July 24, 2007
BSE Script Code: 532873
NSE Symbol: HDIL
The issue was priced at Rs. 500/- Per share (Face Value of Rs. 10/-)
The issue was subscribed OK and everyone got some or other allotment , and this might take the route of DLF at least people will think that was which would get a boost to HDIl we can see it getting listed at 540 to 560 range and soon getting momentum.
Track the stock price here.
Posted by rupya at 10:50 PM
July 20, 2007
Omaxe IPO Allotment and Subscription Details - Final Day
Omaxe IPO allotment might give some good listing gains , It has subscribed by almost 70 times and etail figure will be known by tomorrow.
Total Issue Size 17796520
Total Bids Received 1215936180
Total Bids Received at Cut-off Price 69988480
No. of times issue is subscribed 68.32
Posted by rupya at 10:21 PM
Asian Granito India Limited IPO opens on July 26th 2007
About the IPO
Issue Details.
Asian Granito India Limited (AGIL) is entering the capital markets with an initial public offering, IPO of 7,000,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
Price Band :Fixed at Rs 85/- at lower level and Rs 102/- at upper level for equity share of Rs 10.
Issue Date : Issue opens on June 26, 2007, and closes on July 31, 2007.
About Asian Granito India Limited (AGIL)
Asian Granito is one of the largest ISO 9001 Certified vitrified tiles manufacturers in India. We have two state-of-the-art manufacturing plants, technically collaborated with SACMI, ITALY, the world class leader in ceramic technology. We have extensive network of business associates, 250 distributors, more then 3500 retail counters and 19 depots in all over India. The company has won 20 best display awards till date.
Posted by rupya at 10:12 AM
ACC declares Quarter Results - Have to say a Concreate Quarter Result
Net Profit
ACC Company has posted a profit after exceptional items & provision for taxation of Rs 3512.40 million for the quarter ended June 30, 2007 where as the same was at Rs 4132.40 million for the quarter ended June 30, 2006.
Total Income
Total Income (net of excise) is Rs 18962.50 million for the quarter ended June 30, 2007 where as the same was at Rs 14810.10 million for the quarter ended June 30, 2006.
Posted by rupya at 10:06 AM
Lupin and Ranbaxy comes out with promiosing Quarter Results
Lupin 1st quarter 2007 results gives good dosage to shareholders
NetProfit
Lupin has posted a net profit of Rs 783.80 million for the quarter ended June 30, 2007 as compared to Rs 506.50 million for the quarter ended June 30, 2006.
Income
Total Income (net of excise) has increased from Rs 4951.60 million for the quarter ended June 30, 2006 to Rs 6168.90 million for the quarter ended June 30, 2007.
Ranbaxy gives better than expected results for the second Quarter of 2007
NetProfit
Net profit after tax of Rs 2911.50 million for the quarter ended June 30, 2007 as compared to Rs 998.30 million for the quarter ended June 30, 2006.
Total Income
Total Income (net of excise) has increased from Rs 10837.80 million for the quarter ended June 30, 2006 to Rs 10880.00 million for the quarter ended June 30, 2007.
Posted by rupya at 10:01 AM
Hindustan Construction Company bags order worth 312 crores (Approx)
Hindustan Construction Company Ltd has got letter from Mumbai Central for execution of Civil works of providing & laying 3000 mm. Internal diameter M.S. above ground water main including cement mortar lining from inside and allied works on Section II from Jamboli to Chinchavali, Mumbai.The contract is worth Rs 311.96 Crore.
Posted by rupya at 9:59 AM
DLF Announces Quarter Result and Dividend of 100 percent
NetProfit
DLF has posted a net profit of Rs 5792.70 million for the quarter ended June 30, 2007.
Revenue
Total Revenue is Rs 12071.10 million for the quarter ended June 30, 2007.
Dividend
DLF Ltd has recommended dividend for 100% on the entire equity share capital including the shares issued in the IPO of the Company for the financial year 2006-07.
Posted by rupya at 9:52 AM
Wipro announces second Quarter Results
Net Profit
Company has posted a net profit of Rs 6714 million for the quarter ended June 30, 2007 as compared to Rs 6191 million for the quarter ended June 30, 2006.
Revenues and Income
Total Revenues has increased from Rs 30519 million for the quarter ended June 30, 2006 to Rs 37768 million for the quarter ended June 30, 2007.
Posted by rupya at 1:25 AM
Larsen and Toubro announces strong Q2 results
Net Profit
L&T has posted a profit after tax of Rs 3768.50 million for the quarter ended June 30, 2007 as compared to Rs 1571.30 million for the quarter ended June 30, 2006.
Total Income
Total Income (net of excise) has increased from Rs 35419.40 million for the quarter ended June 30, 2006 to Rs 47166.80 million for the quarter ended June 30, 2007.
Posted by rupya at 1:03 AM
Parsvnath builders into shopping mall cum multiplex
Parsvnath is now trying hand on Shopping Mall Cum Multiplex in Vastrapur in Ahmedabad at an approximate cost of Rs 50 crores.
Posted by rupya at 12:50 AM
Mastek Last Quarter Results Dip
Mastek has come out with Last quarter results with a
Net Profit
net profit of Rs 103.30 million for the quarter ended June 30, 2007 where as the same was at Rs 157.70 million for the quarter ended June 30, 2006.
Income
Total Income is Rs 1201.30 million for the quarter ended June 30, 2007 where as the same was at Rs 1180.50 million for the quarter ended June 30, 2006.
Posted by rupya at 12:40 AM
Reliance Communications sells 5 percent in Reliance Telecom Infrastructure
| Reliance Communications Ltd, announced that a group of leading international investors across the US, Europe and Asia, have agreed to purchase 5% of the equity share capital of its 100% owned tower company, Reliance Telecom Infrastructure Ltd ("RTIL"), at an equity value of US$ 6.75 billion (Rs 27,000 crore).So when they sell 5 percent of its tower business they will be getting 1400 crore which will value the company at 27000 crore (US$ 6.75 billion) translates to approximately Rs 135/- per Company's equity share, which is nearly 25% of the Company's current market price of Rs 565 per share. |
| The lot of sale was heavily subscribed mounting to 8000 crore , but the transaction will get only Cash inflow of Rs 1,400 crores (US$ 337.5 million), the benefits of which will flow to the Company and its shareholders.The Companies residual 95% stake in RTIL is valued at US$ 6.40 (Rs 26,000 crore), and the company will pursue opportunities for further unlocking of value through an RTIL so soon RTIL IPO is in the offing. | 
|
Posted by rupya at 12:26 AM
July 19, 2007
Allied Digital Services IPO alloyment status
Allied Digital Services IPO alloyment status is ready and can be checked here.
Allied Digital services which got oversubscribed by 60 times on the whole and 30 times on the retail side is ready for allotment details.
Posted by rupya at 8:20 AM
July 18, 2007
Omaxe IPO subscribed by 3.5 times on second day closing
Omaxe IPO subscribed by 3.5 times on second day closing, and retail subscription is at .45 times , i bet this will get subscribed at least by 60 times on closing day we will wait and watch.
Posted by rupya at 11:45 PM
Spice Telecommunication listing on July 19th 2007
Effective from July 19, 2007, the equity shares of Spice Communications Ltd (Scrip Code: 532863) are listed and admitted to dealings on the Exchange in the list of 'A' Group Securities.They are not listed in NSEINDIA as NSE doesn't take any loss making company.
Posted by rupya at 11:42 PM
Sundaram BNP Paribas Global Advantage Fund
Sundaram BNP Paribas Global Advantage Fund - I applied for this Fund today , just going to touch base on the fund here .
About Sundaram BNP Paribas Global Advantage Fund :
Sundaram BNP Paribas has come out with its first of a kind open ended Fund , This is peculiar from the other Funds , this deals with just fund and not securities , It invests in Mutual Funds globally in emerging markets.
Fund Period: July 16, 2007 to July 31, 2007
Face Value: Rs.10
Investment Options: Growth, Dividend with Reinvestment and Payout Facility
Entry Load: 2.75 percent entry load .
Exit Load: Exit Load of 1.5 percent if its before 12 months.
Minimum Investment Amount: Rs. 5,000
Posted by rupya at 8:05 PM
Aishwarya Telecom IPO files for DRHP with SEBI for further Expansion Plan
The name Aishwarya Telecom ltd. is synonymous with Indian Telecom Industry. Aishwarya Telecom is a ISO 9001:2000 Certified company manufacturing Fibre optic test equipments & Cable fault locators.Apart from being a prominent player in the domestic telecom industry, it is a trend - setter in the Indian Telecom Industry in qualitative terms.
Aishwarya Telecom provides services nation-wide to organizations in business, industry & government. With a commitment to using technology innovatively for providing solutions to problems in telecom industry. Aishwarya Telecom has developed equipments which match international standards.
More IPO details coming soo.
Posted by rupya at 5:03 PM
RNS Infrastructure IPO Files for DRHP with SEBI
Founded in 1961 as a partnership firm, it marked the beginning of R N Shetty Group. The firm was converted into a private limited company in the year 2003. Today the civil projects executed by the company represent some of the finest in the country. The company is a specialist in the execution of Tunnels, Irrigation Projects, Bridges, Power Projects, Buildings, Dams, Highways, Reservoirs and many more.
The Company has undertaken and completed many Projects for Karnataka P.W.D. and irrigation Department, Karnataka Power Corporation Ltd., National Highways Authority of India, Karnataka State Highways Important Project, Maharashtra Krishna Valley Development Corporation, NTPC, K.L.E. Society, and other Government, Semi-Government and Private Institutions.
They have filed for DRHP with SEBI for raising funds through IPO, ISSUe details will come soon .
Posted by rupya at 4:59 PM
Zylog systems IPO opens on July 20th 2007
About Zylog systems
Zylog Systems is an ISO 9001 certified provider of Onshore, Offshore & Near shore technology services. We offer substantial cost savings and enhanced performance associated with a secure and effectively managed global development model. For over 10 years, Zylog Systems has been partnering with a loyal following of clients seeking to leverage our proven delivery methodology, as well as 24/7 access to the very best technical resources and development tools available anywhere.
About Zylog systems IPO
Public issue of 36,00,000 equity shares of Rs.10/- each for cash at a price of Rs.[*] per equity share (including premium) aggregating to Rs.[*] Crores (hereinafter referred to as the "issue") by Zylog Systems Limited ("Zylog"or "company"). The issue comprises a net issue to the public of 35,00,000 equity shares ("the net issue") and a reservation of 1,00,000 equity shares for subscription by employees (as defined herein) (the "employee reservation portion"), at the issue price. The issue less the employee reservation portion is referred to as the 'net issue'. The issue will constitute 21.89% and the net issue will constitute 21.28% of the fully diluted post issue paid-up equity capital of the company. Price band: Rs.330/- to Rs.350/- per equity share of face value Rs. 10 The issue price is 33 times the face value at the lower end of the price band and 35 times the face value at the higher end of the price band.
Issue Open : July 20th 2007 to July 25th 2007
Issue Price :330 rs to 350 rs.
Project financed through current issue 118.80 Crore
Post Issue Equity share capital 16.45
Objectives of the IPO
To set up two Offshore Development Centres (ODCs) .
To Fund Acquistion(s) / Strategic Investments .
Clients : All major banks in India and also Middle Eastern Countries
Posted by rupya at 2:51 PM
Rajesh Exports bagged export order worth Rs 272 crores
Rajesh Exports Ltd has bagged an export order worth Rs 272 crores of gold jewellery from M/s. Lazorde Jewellery, Kuwait.The stock has rose by 2 percent after the news.
Posted by rupya at 12:49 PM
Nagarjuna Construction awarded two projects valued at Rs 236 crores
Nagarjuna Construction Company Ltd has been awarded two projects valued at Rs 236 crores.
>First Project is relating to Investigation, Design, Excavation and Lining of Owk Tunnel — II for Feeding to Owk Reservoir from Km 57.700 of G.N.S.S. Flood Flow Canal at Nandyal, Andhra Pradesh on EPC turn key basis valued at Rs 200 crores.Project duration is 30 months.
>Second Project valued at Rs 36 crores, has been awarded for construction of Multi Storied Apartments by Shriram Properties Ltd., at Sadashivanagar, Bangalore.
Project Duration is 2 years.
Posted by rupya at 12:44 PM
DLF bags 6000 crore project at Dwarka , New Delhi
DLf inches higher and its trading at 633 after winning 6000 crore International convention and Exhibition center, Hotel and Allied Commercial services project and Dwarka , New Delhi.
Posted by rupya at 12:39 PM
Omaxe Ltd IPO Allotment status and Subscriptions Detail
Omaxe Limited IPO which opened yesterday is subscribed on the first day and its 1.55 times today as of 11.00 AM , Retail portion is at 0.1051 as of yesterday.
Posted by rupya at 12:33 PM
July 17, 2007
HDIL IPO Allotment Status
HDIL IPO Allotment status is ready and can be checked here .
HDIL IPO got oversubscribed by by 6 times and retail by 1.59 tims , im thinking the retail will get the full allotment .
Posted by rupya at 10:48 PM
Jubilant Organosys posted good profit for the FY0708 First Quarter
Jubilant Organosys has announced its first quarter results.
Net Profit
Net profit of Rs 142.9 crore versus Rs 46.1 crore in corresponding quarter of previous year.
Net sales
Net sales stood at Rs 540 crore as against Rs 412.4 crore .
After going through teh results page i found out other income was lot during this quarter which has hekped in spurting the Profit .
Posted by rupya at 9:11 PM
Zee Entertainment has announced its FY0708 first quarter results
They have reported a growth 50.83% in its net profit at Rs 81.3 crore in first quarter as against Rs 53.9 crore in corresponding quarter of previous year.
Revenue
Revenue is at Rs 391.6 crore compare to Rs 289.4 crore.
Revenues out of Subscription has gone up by 26.6% to Rs 168.1 crore as against Rs 132.7 crore .
Revenues out of Advertising is up by 46.8% to Rs 204.4 crore versus Rs 139.2 crore.
Posted by rupya at 9:03 PM
Tata Tea was heavily hit after a Bad Quarter Result
Tata Tea came out with the FY07-08 1st quarter results , The result is better or infact very good than the Previous quarter but it decrased by 3 percent
Net Profit :
Net profit after tax of Rs 430.00 million for the quarter ended June 30, 2007 as compared to Rs 445.60 million for the quarter ended June 30, 2006.
Income :
Total Income has increased from Rs 2655.80 million for the quarter ended June 30, 2006 to Rs 3038.50 million for the quarter ended June 30, 2007.
Posted by rupya at 8:46 PM
LIC Housing Company - FY07-08 1st Quarter Results
LIC Housing Finance has come out with the Quarter results ,
Profit : Profit after tax of Rs 467.00 million for the quarter ended June 30, 2007 as compared to Rs 374.60 million for the quarter ended June 30, 2006.
Income : Total Income has increased from Rs 3406.60 million for the quarter ended June 30, 2006 to Rs 4635.30 million for the quarter ended June 30, 2007.
Posted by rupya at 8:42 PM
Satyam Computer Bagged 4 major deals from Singapore , Australia dn UAE
Satyam Computer Services Ltd has bagged prestigious order from 3 country Singapore , Australia and UAE,
Singapore Orders
Two of these deals from Singapore government are primarily outsourcing and IT services contracts.
UAE Orders
For Emirates Bank, the global IT giant will implement a ubiquitous Enterprise Financial Management solution .
Australia Orders
For the largest transport provider in Australia, the Company has been selected for enterprise upgrade to SAP ECC 6.0, application development and maintenance outsourcing and consulting services.
Posted by rupya at 8:35 PM
GV Films DeMerger finally through
Gv films Board accepted the share entitlement ratio as recommended by Deloitte Haskins & Sells for the demerger, subject to regulatory approvals. As per the share entitlement ratio, the shareholders of the Company will be issued,
1 (one) fully paid up equity share of Re 1/- each of G V Studio City Ltd and
1 (one) fully paid up equity share of Re 1/- each of G V New Media Technologies Ltd for
every 3 (three) fully paid-up equity shares of Rs 10/- each held by them in the Company.
So If you have 1000 Gv Films you will have , 333 GV Studio City and 333 GV Media Technology.Record Date for the same will be soon announced.
Posted by rupya at 12:44 PM
Larsen & Toubro wins order from tata Steel for 980 crores
July month has been very good month for Larsen and Toubro ,Larsen & Toubro Ltd has bagged an order for Rs 980 crores for the supply and installation of Balst Furnance from Tata Steel for its project in Kalinganagar, Orissa.For just this month they have totally bagged order for 3000 crore.This quarter result will be very good for them.
Posted by rupya at 12:41 PM
IVRCL Infrastructures bags 202 crore order from State of Karnataka
IVRCL Infrastructures & Projects Ltd has been awarded the following irrigation works of an aggregate value of Rs 202.70 Crores in the State of Karnataka.
Posted by rupya at 12:38 PM
UTI India Lifestyle Fund - New Fund Offer closes on July 25th 2007
UTI India Lifestyle Fund :
Offer Open/Close - Jul 2, 2007 - Jul 25, 2007
Structure - Close Ended
Nature - Equity (Growth and Dividend)
Type - Diversified
Scheme Objective
The investment objective of the scheme is to provide long term capital appreciation
and/or income distribution from a diversified portfolio of equity and equity related
instruments of companies that are expected to benefit from changing Indian demographics,
Indian lifestyles and rising consumption pattern.
Minimum Investment - Rs. 5000
Incremental Investment - Rs. 1
Posted by rupya at 9:38 AM
July 16, 2007
Lanco Infratech bags 1062 crore worth Road Project
Lanco Hoskote Highway Pvt Ltd and Lanco Devihalli Highways Pvt Ltd two Special Purpose Vehicles of LANCO, have bagged the contract for construction and operation of two road projects in Karnataka on Build,Operate and Transfer (BOT) basis under the National Highways Development Project (NHDP) Phase III.The Cost of the Project is 1062 crore.
Posted by rupya at 11:48 PM
TCS Q1 FY2007-2008 is announced - Better than market Expectation
>TCS Q1 Consolidated Revenue at Rs 5,202.9 Cr vs Rs 5,162.1 Cr (QoQ);
>Net Profit at Rs 1,202.9 Cr vs Rs 1,195.2 Cr
>Added 54 new clients
>Employee addition was at 8,760 .
>Attrition was at 11.5% including BPO business
Posted by rupya at 11:33 PM
TCS declares Interim Dividend
Tata Consultancy Services Ltd (TCS) has declared an Interim Dividend of Rs 3.00 per equity share of Re 1/- each of the Company.
Posted by rupya at 11:33 PM
Jaiprakash Associates- JP Associates Net Profit up by more than 50 percent
They have reported growth of 52.2% in its net profit of Rs 140 crore (Rs 1.4 billion) for the June ended quarter of FY07 as against Rs 92 crore (Rs 920 million) in corresponding quarter of previous year.
Net Sales
Net sales up by 3.6% at Rs 927 crore (Rs 9.27 billion) from Rs 895 crore (Rs 8.95 billion).
Other income was up 169% at Rs 78 crore (Rs 780 million) from Rs 29 crore (Rs 290 million).This has helped in spurt up the profit by 50 percent.
Operating profit
Operating profit has gone up by 13.3% at Rs 239 crore (Rs 2.39 billion) from Rs 211 crore (Rs 2.11 billion) and operating profit margins stood at 25.8% versus 23.6%.
Posted by rupya at 2:55 PM
IVR Prime IPO opening on July 23rd 2007
IVR Prime IPO as expected is coming out with its IPO this month itself its opening on July 23rd 2007, and closing on July 26th 2007, Price band for the issue has been fixed at 510 to 600 ,Its land bank is at 2500 acres.
Posted by rupya at 11:18 AM
July 15, 2007
JM Contra Fund - New Fund Offer - Opening Tomorrow
Fund Name : JM Contra Fund
Offer Open - Jul 16, 2007
Offer Close - Aug 14, 2007
Structure - Open Ended
Nature - Equity
Type - Diversified
Scheme Objective :
The investment objective of the Scheme is to provide capital appreciation by following contrarian style of investing i.e. buying into fundamentally sound stocks that have been overlooked by the market (for reasons of short term trend) and waiting for the market to give these stocks their real value in course of time.This is clear defenetion for a Contra Fund .
Minimum Investment - Rs. 5000
Incremental Investment - Rs. 1
SIP allowed - Yes
NRI Investment - Yes
Posted by rupya at 8:54 PM
Refex Refrigerants IPO opening on July 23rd 2007
Refex Refrigerants IPO Details
Issue Size
IPO of 38,00,000 Equity Shares, for cash.
Issue Price
Price fixed at Rs 65/- for equity share of Rs 10.
Issue Date
The issue opens on June 23, 2007, and closes for subscription on June 26, 2007.
About Company
Refex Refrigerants is a specialist refiller and distributor of Refrigerant gases in India particularly, environmentally acceptable gases that are replacements for chloro-fluoro-carbons (CFC's). These Refex Refills Refrigerants are used primarily as refrigerants, foam blowing agents and aerosol propellants.
RRL exercise superior quality control and efficiency with the aid of sophisticated and novel computer technology. Refex is committed to the responsible treatment of both human beings and the environment: the standards it upholds-governing quality, environmental protection, and product and workplace safety are documented in guidelines for the various business segments and form an integral part of the Group's corporate strategy.
Posted by rupya at 10:43 AM
Precision Pipes and Profiles IPO - Files for DRHP With SEBI
PPAP is a leading manufacturer of high quality automotive sealing systems and exterior products in India. The company has four state of the art manufacturing facilities, which are located in New Delhi and Noida. All the plants are TS 16949, ISO 14001 and OHSAS 18001 certified. PPAP's core competence is in Plastic Extrusion and Injection moulding.
Along with the state of the art manufacturing facilities, PPAP has an experienced engineering team, which is capable of designing and manufacturing products based on customer specifications. The engineering department has latest versions of software’s like Moldflow, Unigraphics, IDEAS, Catia V4 and Catia V5. The company also has a well equipped laboratory to perform raw material as well as product performance testing.
Posted by rupya at 8:41 AM
Central Bank of India IPO - Central Bank IPO - opening on July 24th 2007
Central Bank of India IPO opening on July 24th 2007 as set the Price band at Rs85-102 a share, The bank is offering 80 million shares of Rs10 each at a price to be decided through the 100% book-building process. It has reserved 4 million shares for employees.Post-issue, the government’s shareholding in the bank would come down to 80.2%. The issue would constitute 24.68% of the pre-issue and 19.8% of the post-issue paid-up equity capital of the bank.
Posted by rupya at 12:08 AM
July 14, 2007
Celestial Labs Listing in Bourses on July 17th 2007
>Listing On: Tuesday, July 17, 2007
>BSE Script Code: 532871
The stock came with ipo Issue Price: Rs. 60 Per share (Face Value of Rs. 10/-)
Posted by rupya at 11:16 PM
Suryachakra Power IPO allotment
Suryachakra IPO allotment details , there are cases where people look at allotment status to see if they have got the stock alloted , but in case of this company they will be happy if its not alloted , the IPO got subscribed only by 3 times or so .
Suryachakra IPO allotment details
Posted by rupya at 10:54 PM
July 13, 2007
Larsen & Toubro flies high with 853 crore order win
Larsen & Toubro Ltd (L&T) has announced that the Company has bagged contracts worth Rs 853 crores.
Posted by rupya at 5:22 PM
Inflation raises - one cant expect to go down every week
Inflation rate based on the wholesale price index (WPI) moved up to 4.27% for the week-ended June 30 from 4.13% in the previous week.
Posted by rupya at 5:22 PM
Simplex Projects IPO Allotment and Oversubscription Details
I cant say if its crazy or is it too crazy, today morning it was 7 and today evening at 5.00 clock its around 65 times .Will come out with the retail ration in the nights.
Total Issue Size 3000000
Total Bids Received 195246690
Total Bids Received at Cut-off Price 30618060
No. of times issue is subscribed 65.08
Posted by rupya at 5:22 PM
Mid Valley Entertainment Limited IPO - Files for DRHP with SEBI
Mid Valley is a global media company involved in the business of film production, distribution and exhibition. The company is headquartered in Chennai and has been focusing on South Indian entertainment through production of Tamil feature films and Tamil television serials. Mid Valley has also produced Thambi, a block buster movie starring Madhavan, and more than 500 episodes of television serials. The company has distributed many audio titles and has acquired rights for the overseas telecast of over 1200 movies and about 5000 serials across genres.
IPO Details
Public issue of 90, 00,000 equity shares of rs. 10 each of midvalley entertainment limited (“midvalley” or the “company” or the “issuer” for cash at a price of rs. [●] per equity share (including a share premium of rs. [●] per equity share] aggregating rs. [●] lacs (“the issue”). The issue comprises a reservation for employees of up to 3, 00,000 equity shares aggregating rs. [●] lacs (the “employee reservation portion”) and a net issue to the public of up to 87, 00,000 equity shares of rs.10 each aggregating rs. [●] lacs (the “net issue”). The issue will constitute 25.97% of the fully diluted post-issue equity share capital of the company.
Posted by rupya at 12:58 AM
Renaissance Jewellery IPO - Files for DRHP with SEBI
About Renaissance Jewellery
Renaissance takes pride in their modern design studio complete with a state-of-the-art CAD/CAM facility. their dedicated team of 40 designers is, well versed on the latest international trends and contributes at least 500 innovative designs monthly to their ever-expanding portfolio of over 25,000 styles. The majority of their current models are produced using CAD/CAM to ensure precision.
IPO Details
Public issue of 5,324,240 equity shares (“equity shares”) of rs. 10 each for cash at a price of rs. [] per equity share along with one detachable warrant for every two equity shares aggregating to rs. [] million (the “issue”) by renaissance jewellery limited (“renaissance” or “rjl” or “the company” or “our company” or “the issuer”). The issue of equity shares will constitute 29.00% of the fully diluted post-issue paid-up equity share capital of our company prior to exercise of detachable warrants and the issue shall constitute 37.99% of the paid-up equity share capital of our company after exercise of detachable warrants, assuming full exercise of detachable warrants.
Posted by rupya at 12:37 AM
Ramsarup Lohh Udyog Limited IPO - Files for DRHP with SEBI
About the Group Company
RAMSARUP GROUP founded in 1966, engaged in manufacturing of various grades of steel wires and TMT Bars, is one of the fastest growing group catering to power and infrastructure sector in India and is aiming to consolidate its position in power and infrastructure sector by initiating steps towards organic and inorganic growth. Aiming to consolidate its position in the power and infrastructure sector, the group is increasing its capacity of steel wire division and TMT (Re-inforcement Bar & Debars) division.
IPO Details.
Present Issue of 3,00,00,000 Equity Shares of Rs. 10/- each for Cash at a Premium of Rs. [] per Equity Share aggregating Rs. []Lacs. Net offer to the public of 2,70,00,000 Equity Shares of Rs.10/- each for Cash at a Premium of Rs. [] per Equity Share aggregatingRs. [] Lacs (the “Net Issue”). The Net Issue will constitute 39.17% of the fully diluted post issue paid up capital of our Company.
Source:Sebi
Posted by rupya at 12:31 AM
Dividend Announcement - July 12th 2007
Posted by rupya at 12:00 AM
July 12, 2007
Great Offshore should have some upside movement tomorrow
Great Offshore has been awarded a prestigious five year contract from ONGCL for its new state of the art Jackup Rig "Samed Shikhar". The approximate value of the contract is Rs 1000 crores. The contract is slated to commence on or before May 2009.
Posted by rupya at 11:52 PM
Simplex Projects Limited IPO Allotment and Oversubscription Details
Simplex Projects Limited is totally subscribed by 6.5 times and on the retail side around 3 times , The IPO is closing tomorrow and the price range is Rs.170/- to Rs.185/- and totally 30 lac shares are for offer through 100 percent book building .One can expect this to go beyond 10 times subscription , so listing gains are sure in this stock.
Posted by rupya at 11:49 PM
UTI Bank has declared 1st Quarter FY08 results
UTI Bank declares its first Quarter Results.
>Net profit of Rs 174.98 crore (Rs 1.74 billion) versus Rs 120.55 crore (Rs 1.2 billion) in the corresponding quarter of previous year, a growth of 45.15%.
>Standalone Net interest income stood at Rs 446.83 crore (Rs 4.46 billion) as against Rs 321.84 crore (Rs 3.21 billion), up by 38.8%.
>Operating profit surged by 19.8% to Rs 367.94 crore (Rs 3.67 billion) from Rs 307.2 crore (Rs 3.07 billion).
>Other income was up 52.5% at Rs 342.32 crore (Rs 3.42 billion) versus Rs 224.5 crore (Rs 2.24 billion).
>Interest expenses increased to Rs 1,090 crore (Rs 10.90 billion) from Rs 632 crore (Rs 6.32 billion).
Posted by rupya at 11:23 PM
Pyramid Samira - Pretty good results
Pyramid Saimira declared its Q1 FY08 result. The company has registered growth in its Q1 FY08 net profit at Rs 16 crore versus Rs 5.83 crore in previous quarter. Its net sales was up at Rs 122.7 crore versus Rs 67.56 crore on QoQ basis. Pyramid samira would have profited heavily from the movie "Mozhi" and also may be this Quarter results might be good again because they are international distributors for the film "Sivaji".
Posted by rupya at 4:50 PM
Geojit Financials announces 1st Quarter FY08 results
Geojit Financials announced its Q1 FY08 result. The result is pretty impressive Its Q1 net profit was at Rs 12 crore versus Rs 6.64 crore on YoY basis.One can expect this stock reaching 75 rs too soon.
They are coming out with various options for more revenues like
>. To form a 50:50 joint Venture Company in India to serve Foreign Institutional clients, with BNP Paribas Securities Asia, subject to regulatory approvals. The Board approved an investment of up to USD 2 Million in this project.
>. Further to the decision of the Board on March 07, 2006, (i) to set up a Joint Venture Broking Company in Saudi Arabia and (ii) to take membership in Dubai Financial Market (DFM)
Posted by rupya at 4:46 PM
Aban Offshore floats high on order extention
Aban Offshore Ltdinformed the market that Hardy Exploration & Production (India) Inc ("HEPI") has extended the contract for utilization of Floating Production Unit - Tahara for a further period of 2 years with effect from July 28, 2007.
Revenues out of this extension is estimated amounts to 252 crores.
Posted by rupya at 1:27 PM
IQMS Software bags order worth 6 crore
IQMS Software Ltd has bagged an order worth USD 1.5 M to be executed over a span of 12 months for implementing software development for office enterprise resource planning on-site jobs in Philippines.
Posted by rupya at 1:27 PM
Bajaj Auto announces Fy08 1st Quarter Results
Net Profit has dipped
Bajaj Auto has posted a Net profit after prior period adjustments of Rs 2264.70 million for the quarter ended June 30, 2007 as compared to Rs 2660.10 million for the quarter ended June 30, 2006.
Total Income as Decreased
Total Income (net of excise) has decreased from Rs 22972.20 million for the quarter ended June 30, 2006 to Rs 22118.00 million for the quarter ended June 30, 2007.
Posted by rupya at 1:27 PM
May industrial growth is not promising
May industrial growth is not promising , the data came out today where we can see a decrease by .6 percentage .May Industrial Growth is at 11.1 percent compared to 11.7 percent.
Posted by rupya at 1:27 PM
Dividend Announcement - July 11 2007
Posted by rupya at 12:55 AM
Petron Engineering bags 25 crore project from TOYO Engineering India
Petron Engineering Construction Ltd has received Letter of Intent from TOYO Engineering India Ltd, for Mechanical, Piping & Painting Works for Area D & E (Part —2) for Naphtha Cracker Project at IOCL, Panipat, Haryana for a contract value of Rs 25,29,10,000/-.
Source : Bseindia
Posted by rupya at 12:49 AM
Dollex Industries awarded 24 crore order from IMFL
Dollex Industries Ltd has bagged another prestigious order of US $ 6 million for IMFL from Africa. Under the contract the Company will supply 360 containers of Indian Made Foreign Liquor to its African buyer.I have posted may be 2 weeks back they had won order worth 200 million rs from same IMFL africa.
Posted by rupya at 12:24 AM
HCL Technologies inks 20 million dollar IT outsourcing deal from CMS Cameron McKenna
HCL Technologies Ltd has announced that CMS Cameron McKenna LLP has entered into an IT co-sourcing agreement with the Company, for availing its Integrated IT services covering IT Infrastructure management and application development.The contract is worth 20 Million Dollars.
Posted by rupya at 12:21 AM
KEC International bags two contract worth totally 176 crore
KEC International Ltd has bagged two contracts in Riyadh, Saudi Arabia and Abu Dhabi, UAE valued to the Company at Rs 176 crores.
Posted by rupya at 12:14 AM