Feb 04, 2016 at 21:37 | Source: PTI
According to a circular, the issues to be placed for consideration of the central board of trustees (CBT) include rate of interest to be credited to EPFO members' account for the year 2015-16, cadre restructuring of the body and annual accounts in respect of EPF Scheme 1952, EPS 1995 and EDLI Scheme 1976 for the year 2014-15.
Feb 02, 2016 at 07:45 | Source: Moneycontrol.com
TLs FY11-15 revenue grew at a CAGR of 31 percent and has reported sharp improvement in EBITDA margins. The company, in our view, is well-positioned to maintain high revenue/EBIT/EPS growth driven by a) expected 25-30 percent industry growth and b) scope for margin improvement.
Feb 01, 2016 at 13:03 | Source: Moneycontrol.com
The street is very worried about order inflows and Middle East exposure. On both counts, L&T has delivered decent numbers in Q3. Further, it has broadly maintained guidance on revenues and margins.
Jan 29, 2016 at 09:41 | Source: CNBC-TV18
Rohan Korde of Prabhudas Lilladher has toned down his EPS estimate for FY16 by 8.5 percent and for FY17 by 7 percent to factor in slightly lower margins, slightly higher discounts and lower non-operating income.
Jan 28, 2016 at 11:24 | Source: Moneycontrol.com
CLSA has a buy rating with a reduced target price of Rs 1440 from Rs 1510 per share, stating weaker topline drives 4 percent cut . It sees 14 percent CAGR over FY 15-18. According to it, stake sale in life and general insurance business can boost reported profit.
Jan 27, 2016 at 17:55 | Source: PTI
The motorcycle is now powered by Suzuki's cutting technology and uses super sleek piston, high-ignition spark plug and low friction cylinder and piston rings, Suzuki Motorcycle India said in a statement.
Jan 25, 2016 at 13:57 | Source: Moneycontrol.com
Jefferies has maintained buy rating on ITC but lowered FY16-18 earnings per share (EPS) estimates by 3 percent and target price to Rs 381 per share mainly to account for higher tax rates. It says near-term earnings are likely to be weak but believes we are nearing the bottom of the weak demand cycle.
Jan 13, 2016 at 11:40 | Source: Moneycontrol.com
Goldman Sachs has reduced target price to Rs 2600 from Rs 2670 per share as it believes TCS's sector-leading cash returns justify its 15 percent premium versus sector on FY17. It has also changed its FY16-FY18 earnings per share (EPS) by up to 1 percent factoring in Q3 revenue growth miss.
Jan 12, 2016 at 17:30 | Source: PTI
Many of Cognizant's competitors, including India's largest software services provider Tata Consultancy Services, Wipro and Hexaware have warned of an impact on their revenues and margins on account of the Chennai rains.
Jan 08, 2016 at 10:10 | Source: Moneycontrol.com
CLSA says Sun's FY17 EPS will be driven by Gleevec generic launch in the United States & synergy benefits with Ranbaxy that merged with effect from April 2015.