Stocks in news:
- Results Today:
Reliance Energy, Biocon, Polaris, IDBI, RNRL, Infotech Enterprise, Tanla Solutions, Four Soft, Plethico Pharma, Sona Koya, Anant Raj Ind, HEG, Texmaco, Themis Medicare, Alembic, IL&FS Investment Managers, Gemini Communication and Tamil Nadu Newsprint
- Ex-Dividend:
Colgate (Rs 2), Madras Cement (Rs 10),Ramco Ind (Rs 5), Pricol (Re 1), Indian Hotel (Rs1.60),Mcleod Russel (Re 1), D-link(Rs 2), Aztec soft (Rs0.90), PAE (Re 1), BASF (Rs7), Honda Siel (Rs 4) ,Punj Llyod (Rs 0.30) ,Godrej Ind (Re 1) andRedington (Rs 2.5)
- Ex split:
KS Oil Fv Rs 10 to Rs 1
- Ex Bonus:
Praj - 1:1
- New Listing:
Sun Pharma Advance Research Company (demerged R&D biz of Sun pharma)
- NSE bars further F&O position in GMR Infra, Renuka Sugars (JP Hydro, TTML, Nagarjuna Fert, Bombay Rayon & Praj already in curb)
- RIL:
Confirms gas find in Cauvery Basin; has 4 blocks in this basin; ONGC has the rest Cannot confirm the reserve size till further 2-3 wells are drilled Rigs Cycle yet to peak out; supply constraint seen for another 4 years Rig & services that cost USD 225,000/day in 2003, costs USD 750,000/day today
- KV Kamath: Interest rates seem to have peaked off; should come down soon
- Tata Power buys 90MW power plant from Tata Steel for undisclosed amount - ET
- Tata Motors may market Fiat’s luxury brands like Alfa Romeo, Ferrari & Maserati in India
- Rio Tinto (Who has bid for Alcan) may partner AV Birla group in Utkal Amunina project - BS
- Videocon, L&T in talks to float Rs 4500 cr power plant in Gujarat - HT
- Tata’s hike stake in group companies in between April-June quarter - ET
- Indian ADR:
Sterlite down 5.5%, MTNL down 3%
- SRF Board meet on July 20 to consider capital expenditure of technical textile biz worth Rs 250 cr and Rs 16 cr for installation a metallizer in packaging biz
- KPIT Cummins Board approved infusion of upto Rs 21 cr in BPO subsidiary and to partner with Cummins inc to deliver F&A BPO for mfg vertical
- 2.20 cr shares of shiva cement to hit mrkt
- ZEE Entertainment says:
See at least 30% growth in advt revenues Sports biz will be profitable on annual basis Over 50 Cricketers have joined ICL Rate hikes have started showing results in current quarter To launch Arabic dubbed Hindi movie channel for W Asia
- Tata Tea says:
Biz growth in India driven by new product launches Tetley ops In Australia, Canada good Branded Tea volumes grew by 18%;20-21% in value terms Green Tea Biz grew by 25% in Q1 8 O'Clock coffee Q1 rev at Rs 150 cr, PAT at Rs 28 cr Impact of financing cost at Rs 66 cr on cons basis Awaiting SEBI clearance for open offer of Mt Everest Open to inorganic growth in India, Overseas To book $415m profit on sale of energy brands Stake Profit of $415 m to be booked in Tata Tea GB in FY08
- Zee Entertainment Q1
Net Profit at Rs 81.3 cr Vs Rs 53.9 cr Revenue at Rs 391.6 cr Vs Rs 289.4 cr OPM at 30.6% Vs 22.9% Subscription revenues up 26.6% at Rs 168.1 cr Vs Rs 132.7 cr Advertising revenues up 46.8% at Rs 204.4 cr Vs Rs 139.2 cr
- Tata Tea Consolidated Q1FY08:
Net Sales up 27.5% at Rs 1,018.8 cr from Rs 798.9 cr Operating profit up 5.6% at Rs 166.6 cr from Rs 157.7 cr Operating profit margins at 16.4% versus 19.7% Net profit down 39.2% at Rs 50.7 cr from Rs 83.5 cr EPS at Rs 7.5 Vs Rs 13.33
- KPIT Q1 cons (YoY)
Net Profit at Rs 12.68 cr VS Rs 10.34 cr Net sales at Rs 135.29 cr VS Rs 102.26 cr EPS at Rs 1.61 VS Rs 1.13 OPM at 15.9% Vs 14.9%
- LIC Housing Fin Q1 (Standalone)
Net Profit at Rs 46.7 cr Vs Rs 37.46 Cr Net Sales at Rs 452.91 cr Vs Rs 332.8 cr
- Zensar Tech Q1FY08 (QoQ)
Net Profit down 22.42% to Rs 13.35 cr VS Rs 17.2 cr Revenues up 9.65% to Rs 187.2 cr Vs Rs 171.36 cr OPM at 9.7% Vs 14.5% Net profit declined on rupee appreciation & some investments in new markets & segments
- Garware Offshore Q2 CY07:
Net Profit at Rs 5.19 cr VS Rs 4.13 cr Net Sales at Rs 19.4 cr VS Rs 13.05 cr OMP at 60.7% VS 56.5% |