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Moneycontrol.com >> Message Board >> View Messages >> Reliance Comm
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RelCom net profit Rs 15706 million:whoopy (1)   09-Jul-08 16:16Tracked by (0)  
Posted by:   Sensexxx on ( 09-Jul-08 16:16 )
Price : BSE: Rs 440.95 ( 6.15 % ), NSE: Rs. 440.80 ( 6.17 % )
RELIANCE COMMUNICATION to ZOOM ZOOM and ZOOM.
Religare has come out with its earning estimates on the Telecom sector for the quarter ended June '08. According to the report, Reliance Communication net sales are expected to go up 8.4% at Rs 57566 million (Rs 5756.6 crore), QoQ.During the same quarter, its net profit is seen up 4.5% at Rs 15706 million (Rs 1570.6 crore), QoQ

All the best friends.
Mkt in a STRONG STRONG MOMENTUM.
Nothing can stop this juggernaut, not even a blip there or a blip here.The mkt will SLOWLY INCH FORWARD for a DECISIVE FINAL PUSH after the Vote of Confidence, around 18-21 July. Then we have only positives, the NUCLEAR DEAL, USHERING in a NEW ERA for our beloved country. The fantastic Q4 numbers, and many more.Then the FINAL PUSH regarding REFORMS.
The companies to look for (mainly ANIL's), REL COM (star performer), REL INFRA, RNRL, REL POWER (forgetting all fundamentals though) and Mukesh is going to have a tough time, i.e AVOID RELIANCE, RPL and others.
TISCO, POWER GRID (NUCLEAR DEAL), IDEA CELLULAR,FMCG well plenty are there with mouth watering value.
Bye, a bright sunny day after a long time (real strength shown today and Tomorrow we will consolidate and the battered Bears will start SHORT Covering, but still stay away from Mukesh's Stock, for the time being).
Bye
SENSEXXX

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