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Angel Broking is bearish on National Aluminium Company (NALCO) and has recommended reduce rating on the stock with a target of Rs 54 in its May 21, 2012 research report. “For 4QFY2012, National Aluminium’s (Nalco) profitability was ...
May 26, 2012 at 07:20 | Source: MoneyControl.com
Phani Sekhar of Angel Broking view on Bharat Heavy Electricals (BHEL). Sekhar told CNBC-TV18, “BHEL profit had surprised everyone during provisional results in early April. It had beaten the consensus by wide margin but what is interesting is from early ...
May 23, 2012 at 13:36 | Source: MoneyControl.com
For 4QFY2012, Blue Star reported a 12.5% yoy decline in its revenue to Rs.801cr. OPM for the quarter fell by 1,734bp yoy and 560bp qoq to negative 6.1% due to higher other expenditure. PAT declined by 180% yoy to negative Rs.45cr. According to ...
May 25, 2012 at 15:13 | Source: equitybulls.com
JK Lakshmi Cement (JKLC) reported a strong performance for 4QFY2012, with the company's adjusted net profit coming in at Rs.73cr in 4QFY2012 as against Rs.32cr in 4QFY2011. Bottom-line growth was driven by strong 12.8% yoy growth in realization ...
May 25, 2012 at 15:13 | Source: equitybulls.com
Cravatex Ltd. (Cravatex) is a market leader in providing fitness equipment distribution under its brand Proline Fitness and represents the 100-year old Italian brand, FILA, in India. Cravatex has recently acquired sub-license to distribute the products of ...
May 18, 2012 at 06:46 | Source: Stock Markets Review
Mahindra Lifespaces Developers (MLIFE) is a mid and premium housing developer catering to strong demand in tier-1 cities and small metros in the country. Apart from real estate development, MLIFE also operates two integrated business cities – Mahindra ...
May 18, 2012 at 11:54 | Source: Stock Markets Review
"What would be interesting to watch will be the outcome of the merger and whether it gives the combined company the ability to win much larger contracts," said P Phani Sekhar, a fund manager at Angel Broking, who overseas funds that include Tech ...
May 23, 2012 at 13:36 | Source: Reuters
During tough economic times, a big ticket deal like Goldman’s can deliver a big boost to an industry that has been hit hard, said Sharan Lillaney, analyst at Angel Broking. It is also evidence of a further trend in India, where both foreign ...
May 23, 2012 at 23:58 | Source: Financial Times
Angel Broking said that the bad performance of European operations of Tata Steel impacted the financial results for FY 2012 but continues to maintain a ‘BUY’ rating on the stock. The brokerage said that on a standalone basis, Tata Steel ...
May 22, 2012 at 06:34 | Source: Commodity Online
Speaking at a seminar on Investment Opportunities, 2012 jointly organized by Angel Broking and Central Bank of India here, Mr Shah said that the trigger could possibly be in the form of a very good normal monsoon. “Till then it’s going to be ...
May 14, 2012 at 13:25 | Source: Commodity Online