Moneycontrol News Archive
EPFO to invest 5% of portfolio in equities
20th April, 2005 19:21
The EPFO is all set to invest in the stock markets, having got permission to invest up to 5% of its total portfolios, to cover an expected loss of Rs 900 crore.
ONGC FY05 net profit up 46.86%
20th April, 2005 18:51
ONGC's revenues for FY05 is up 42.82% to Rs 47,025 crore from Rs 32,927 crore. Net profit is up 46.86% to Rs 12,725 crore from Rs 8664.43 crore.
ONGC investment to revamp Assam oil fields
20th April, 2005 18:41
ONGC will make an additional investment of Rs 500 crore per year for the next three years to revamp Assam's ageing oil fields. The move should result in production
F&O volumes climb, Nifty discount drops
20th April, 2005 17:28
The F&O side sees good volumes and the discount on the Nifty has slipped down to a mere 3 points. TCS was the 'stock of the day', following the release of its quar
Sona Koyo posts 73% rise in Q4 net
20th April, 2005 17:04
Sona Koyo Steering Systems has posted a 73% increase in its net profit for the fourth quarter from Rs 3.57 crore (Rs 35.7 million) to Rs 6.2 crore(Rs 62 million) y
VAT impacts Wockhardt's domestic business
20th April, 2005 16:31
Habil Khorakiwala, Chairman of Wockhardt, said that their domestic business has de-grown by 20% due to VAT and MRP-linked excise duties issues, which was introduce
Gujrarat Ambuja may raise prices
20th April, 2005 16:22
Despite a 8 to 10% growth in FY ’05, and a price realisation rate up by 5%, the cement manufacturer may end up hiking prices by 4%, company sources said.
Uttam Galva on a roll
20th April, 2005 16:09
Uttam Galva finds itself pretty stable and expects marginal increases for the rest of the year.
Sakthi Sugars sees better profits in future
20th April, 2005 15:31
Manickam, MD of Sakthi Sugars says that the turnover has increased by three times quarter on quarter and going forward it is looking at much better profit figures.
Sona Koyo up on large volumes
20th April, 2005 15:25
Sona Koyo Steering has touched an intraday high of Rs 60.95 and an intraday low of Rs 56.75. It is trading with volumes of 2,39,341 shares, compared to its 5-day a
Markets firm: Action in auto & metal
20th April, 2005 15:02
The markets are trading firm amid continued buying in auto, oil, metal, FMCG, bank, and pharma stocks. Some weakness however, is seen in technology stocks.
Markets in a buy zone: DSP Merril
20th April, 2005 14:40
Anup Maheshwari of DSP ML MF feels that the markets are in a zone where you are finding real interesting stocks to buy at good valuations.
Govt to restore value-based duty drawback
20th April, 2005 18:59
A Finance Ministry committee has recommended the restoration of value-based duty drawback. It suggests a return to ad valorem duties for apparel, and wants the rat
Bonds and rupee close strong
20th April, 2005 17:37
Gilts and rupee ended higher. Rupee ended up as supplies balanced demand. Gilts strengthened on buying by primary dealers.
Sona Koyo to steer through improved margins
20th April, 2005 17:13
Sona Koyo Steering is confident that its margins will expand further going ahead, despite pricing pressures in the auto sector. The export market should see an eve
Sensex up over 100 points: Metal, auto rally
20th April, 2005 16:33
The markets ended the day on a high note amid sustained buying interest. Gains were seen in metal, auto, oil, FMCG, bank, pharma, technology and cement stocks.
Tata Elxsi Q4FY05 net profit up 32.5%
20th April, 2005 16:10
Tata Elxsi Q4 net profit is up 32.5% at Rs 8.17 crore from Rs 6.17 crore. Sales are up 16.3% at Rs 52.8 crore from Rs 44.4 crore.
Pull back is temporary: Harihar
20th April, 2005 15:56
According to analysts, there is a little bit of bottom fishing and a little bit of value buying, but there is a huge supply over hang in the market.
Vijaya Bank posts 25.33% net profit in Q4
20th April, 2005 15:32
Vijaya Bank has beaten street expectations and has posted a 25.33% rise in its net profit for the 4th quarter of FY05 at Rs 155.92 crore (Rs 1.55 billion) from Rs
Gujarat Ambuja Q3 net down 1.5% YoY
20th April, 2005 15:27
Gujarat Ambuja Cements' Q3FY05 net profit is down 1.5% YoY to Rs 143 crore from Rs 145.23 crore. The company's net sales are up 19.3% YoY to Rs 667 crore from Rs 5
BEML touches a 52-week high
20th April, 2005 15:24
Bharat Earth Movers Limited has touched a 52-week high of Rs 596. At 3 pm the share is quoting at Rs 591.90, up Rs 43.35, or 7.90%.
NTPC is a long term investment, says Sharma
20th April, 2005 15:04
D D Sharma is of the opinion that National Thermal Power Corporation will deliver after 2-3 years. Only long term investors will be able to gain from it.
Buy Kochi Refineries at Rs 144-148: Expert
20th April, 2005 14:32
Vidur Pendharkar feels that Kochi Refineries has got a very strong support at Rs 144-148. He suggests buying this stock if it falls below this level.