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Britannia Q4 beats street; net up 65.7% to Rs 87.8 cr
May 25, 2013 at 12:11 | Source: Moneycontrol.com
Britannia Industries' net profit increased 65.7 percent and total income rose by 13.65 percent during the January-March quarter. Operating profit margin (OPM) grew quite strongly by 270 basis points.
Growing cash reserve show possibilities for M&A in pharma
May 24, 2013 at 17:28 | Source: Business Wire India
The healthcare technology industry is expected to become mature and stable by the end of Financial Year 2013, with an expanding net margin and steady Selling and General Administrative expenses.
MRPL reports Rs 61.90cr net loss in Q4
May 24, 2013 at 17:13 | Source: PTI
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Friday reported a net loss of Rs 61.90 crore in the March quarter on the back of sharp drop in refining margins.
Karur Vysya Bank Q4 net up 8% on higher interest income
May 24, 2013 at 13:29 | Source: Moneycontrol.com
Karur Vysya Bank's Q4 net profit rose marginally by 8 percent year-on-year to about Rs 160 crore, driven by non-interest and interest income. However, net profit dropped 27% to Rs 151 crore without reversal of tax provisions.
Sun Pharma drops 3.5% after fall in Taro margins in Q4
May 24, 2013 at 10:12 | Source: Moneycontrol.com
Taro's, a subsidiary of Sun Pharma, fourth quarter net profit grew by 4.2 percent year-on-year to USD 49.2 million and net sales rose by 13.8 percent Y-o-Y to USD 165.1 million during the quarter.
Bullish on SBI, see 10-12% upside on stock: Angel Broking
May 23, 2013 at 17:02 | Source: CNBC-TV18
India's largest commercial bank SBI's net profit for fourth quarter declined 18.5 percent from a year earlier period to Rs 3,299 crore on account of higher provisions and decline in net interest income (NII). But Angel Broking's Vaibhav Agrawal advises investors to accumulate the stock as it can move up more than 10 percent in near future.

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MRPL reports Rs 61.90cr net loss in Q4
Bullish on SBI, see 10-12% upside on stock: Angel Broking
SBI result a mixed bag; fall in NIM a worry: IIFL
City Union Bank PAT up 15%, sees healthy core income growth
Hope to maintain margins at current level: DB Corp
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Don’t leave banking to machines
The Government and RBI enjoined upon Scheduled Commercial Banks and Regional Rural Banks to roll out BC-ICT-CBS (Business Correspondent- Information Communication Technology- Core Banking Solution) &...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
SBI to invest in high quality stocks only: Pratip Chaudhuri
KOLKATA: Country's largest lender State Bank of India (SBI) will invest in high quality stocks only which have good trading volumes and less volatility, Chairman of the bank Pratip Chaudhuri said tod...
May 24, 2013 at 15:07 | Source: Economic Times
SBI Q4 net slips 19% as interest income dips
Kolkata, May 23: Dragged down by lower interest income and higher provisioning for bad debts, State Bank of India posted its first drop in quarterly net profit in two years. The country’s large...
May 24, 2013 at 03:22 | Source: The Hindu BusinessLine
SBI Q4 net down 18.5% on higher provisioning
State Bank of India (SBI), the country s largest lender, spooked a stock market that had already tanked on negative global cues on Thursday, by reporting an 18.5% on-year drop in standalone net profi...
May 23, 2013 at 22:25 | Source: DNA India
Credit Suisse sees 30% upside in LIC Housing Finance
NEW DELHI: Credit Suisse has initiated coverage on LIC Housing Finance with an 'outperform' rating. The Asia-focused broker has set a 12-month target price at Rs 365, which translates into over 30 per...
May 22, 2013 at 05:07 | Source: Economic Times
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