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

Stocks to watch: Uttam Galva, UTI Bank

20th April, 2005 17:45

Rahul Mohindar is bullish on Uttam Galva, Century Textiles, Bombay Dyeing and UTI Bank.

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.

25% growth is sustainable: Gruh Finance

20th April, 2005 15:44

Sudhin Choksey of Gruh Finance says that we should be able to sustain a growth of at least 25% from the current base.

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

JK Industries among major gainers

20th April, 2005 15:16

JK Industries has touched an intraday high of Rs 107.25 and an intraday low of Rs 97.

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.