Stocks in news:
- Results today:
RIL, Satyam Comp, TCS, United Spirits, Axis Bank, Motilal Oswal, Noida Toll Bridge, Binani Cement, FACT, Glaxosmithkline Pharmaceuticals,
- Infotech Enterprises, Jain Irrigation, Orient Paper & Industries, PNB Gilts and Vimta Labs
- PE Funds eye stake in Laqshya, a Mumbai based outdoor advertising firm - ET
- M&M set to acquire Belgian based gear-maker VCST for $475m - ET
- Rain Commodities plans to list Rain CII Carbon on US bourses, co post listing valued at $1.5bn, Rain Comm had acquired the co last year for $595m - ET
- Rosa Power project slated to be completed by 2010, nine months ahead of the schedule - ET
- RBI allows FIIs to buy up to 100% in Prajay Engineers Syndicate
- Patni plans small buyout to double European revenues -BS
- Punj Lloyd eyes $1bn contract from Indian Army - Mint
- New listing:
Titagarh Wagons; issue price Rs 540
- Aishwarya Telecom IPO subscribed 20 times
- Spice Mobiles board meet on Apr 30 to consider rights issue
- India Infoline board meet on Apr 26 to consider stock split
- Ispat Industries board approves issue of 11.32 cr convertible warrants to promoters at Rs 44.69
- Suzlon Energy subsidiary bags orders worth nearly 200 MW of capacity for wind farm projects in China
- Deccan Aviation board approves excluding GR Gopinath, KJ Samuel & Vishnu Singh Rawal from promoter group
- Indiabulls Financial forms 76:24 JV with life insurance subsidiary of Societe Generale for life insurance
- Banco Products board defers buy back plan
- Kesoram Industries says no plan for demerger
- Dish TV board meet on Apr 24 to consider rights issue
- Gujarat Foils open offer for 20% stake at Rs 144, to open on June 10, close June 30
- Board meetings:
Motilal Oswal to consider stock split
- Cairn India Board Approves Pref Issue Of 113 m Shares At Rs 224.30/sh To Petronas Intl, Orient Global Fund
- Hero Honda hikes prices by 500-1000 across products
- Fresenius buys 73.3% stake in Dabur Pharma for Rs 878 cr at Rs 76.50/sh; to make 20% open offer
- Mirc Electronics Chairman to buy out Sonu Mirchadani stake through holding Firm, deal will increase Gulu’s stake from 27.77% to 61.07%
- Shipping Corp to consider bonus issue - BL
- Tata Tele turns down ATC bid for 51% stake in WTTI; Quipo Tlecom & IMIL Left in the Fray - ET
- Shishir Bajaj buys 5% more in Bajaj Hind in FY08 - BS
- Israeli firm Koor Ind eyes 10% in Tata Teleservices, to invest upto $720m - BS
- Sasken Q4 Cons (QoQ)
Revenues up 11% at Rs 157.3 cr
Net profit at Rs 14.8 cr vs Rs 3.90 cr
EBITDA margins at 19%
FY08 EPS at Rs 13.80
- Sasken board approves buyback of up to 9.45% equity at maximum Rs 260/sh
- Wipro Q4
Consolidated Net Sales At Rs 5,691.9 Cr~Vs Rs 5,339.6 Cr (QoQ)
Consolidated Net Profit At Rs 880Cr~Vs Rs 851.1 Cr (QoQ)
- Wipro Q1 Combined IT Svcs Rev Seen At $1060 m
- Geometric Q4 (QoQ)
Net profit at Rs 4.66 cr vs Rs 8.21 cr
Revenues at Rs 126.5 cr vs Rs 124 cr
OPM at 8.37% vs 7.4%
Forex loss of around Rs 1 cr vs profit of Rs 2.6 cr
FY08 EPS at Rs 5.14)
- Sonata Software Q4 (QoQ)
Net profit at Rs 16.9 cr vs Rs 23.1 cr
Net sales at Rs 384.3 cr vs Rs 361 cr
OPM at 5% vs 7.1%
FY08 EPS at Rs 5.56
- VST Industries FY08
Net Sales up 1.1% at Rs 340 cr from Rs 336.2 cr
Operating Profit Margins at 24.7% versus 23.9%
Net Profit up 5.2% at Rs 58.5 cr from Rs 55.6 cr
EPS at Rs 37.87 versus Rs 36 |
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