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Moneycontrol News Archive : 2 May, 2008

  • SBI standalone FY08 PAT up at Rs 6728.87 cr 

    2nd May, 2008 20:47

    SBI has announced its fourth quarter results. The company's standalone FY08 net profit was up up 48.17% from Rs 4541.3 crore to Rs 6728.87 crore.

  • RIL signs LoI with Nova Chem for construction JV: NW18

    2nd May, 2008 20:25

    RIL has signed a Letter of Intent (LoI) with Nova Chem for a construction JV. It will hold 51% in the JV, reports CNBC-TV18 quoting Newswire 18. RIL and Nova Chem

  • M&M records growth of 58.5% in April 2008

    2nd May, 2008 19:48

    M&M records spectacular growth of 58.5% in April 2008. Domestic sales in April ’08 stood at 19,392, as against 12,235 in April ’07. The company announced that sale

  • RBI to sell treasury bills worth Rs 3,500cr this week

    2nd May, 2008 19:43

    RBI is continuing to suck out liquidity from the system. It plans to sell treasury bills worth Rs 3,500 crore this week. This includes Rs 2,500 crore bond auction

  • Is HSBC eyeing E*Trade's 43.85% in IL&FS Investsmart? 

    2nd May, 2008 19:37

    The buzz on the street is that HSBC is eyeing E*Trade's 43.85% stake in IL&FS Investsmart. HSBC has refused to comment on market speculation and rumour and IL&FS h

  • Bharti Airtel, IFFCO join to usher in 2nd Green Revolution

    2nd May, 2008 19:20

    Bharti Airtel Limited, India’s leading integrated telecommunications services provider, and Indian Farmers Fertiliser Cooperative limited announced the launch of

  • SBI Q4 standalone net interest income at Rs 4,800cr 

    2nd May, 2008 18:58

    SBI's Q4 standalone net profit was up 26.10% at Rs 1883 crore versus 1493.2 crore. The net interest income(standalone) is up 11.12% from Rs 4505.9 cr to Rs 4800.59

  • DLF writes off Rs 800cr from Q4 PBT

    2nd May, 2008 18:46

    DLF has written back Rs 800 crore from Q4 PBT on reversal of sale to DLF Assets, reports CNBC-TV18. DLF’s Q4 PBT could have been Rs 3,500 crore versus the reported

  • UTI MF bags 3 Lipper Fund Awards Gulf 2008

    2nd May, 2008 18:37

    UTI Mutual Fund has won the Lipper Fund Awards Gulf 2008 for Best Group over the past three years ending December 31, 2007 in the category of Mixed Assets.

  • Bilcare Global Clinical Supplies forms Advisory Board

    2nd May, 2008 18:25

    Bilcare Global Clinical Supplies Forms Corporate Advisory Board. The advisory board is created to provide Bilcare GCS Management Team with independent scientific i

  • Liquidity Adjustment Facility: Auction Results

    2nd May, 2008 18:14

    Liquidity Adjustment Facility: Auction Results. The results of the RBI Repo/Reverse Repo auctions held on April 30, 2008.

  • ArcelorMittal will restore 25% free float in China Oriental

    2nd May, 2008 18:07

    ArcelorMittal has announced a series of measures which will restore a 25% free float in China Oriental Group Company in compliance with the listing rules of the Ho

  • RBI Reference Rate for US $ & Euro

    2nd May, 2008 18:00

    RBI Reference Rate for US $ & Euro. The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.46 and the Reference Rate for Euro is Rs.63.09 on Apr

  • 6.57% Govt Stock, 2011- Auction Results

    2nd May, 2008 17:52

    6.57% Government Stock, 2011 - Auction Results. The results of the auction of 6.57% Government Stock, 2011 (re-issue) held on April 30, 2008.

  • Rupee ends lower, bonds higher

    2nd May, 2008 17:46

    The spot rupee ended lower at Rs 40.65 per USD as against its previous close of Rs 40.50. The widely traded 8.24%, 2018 paper closed higher at Rs 102.74 as against

  • 182 day Treasury Bills: Auctions Results

    2nd May, 2008 17:38

    182 day Treasury Bills: Auctions Results. Date of Auction: April 30, 2008

  • Mkts may see 5-10% upside from current levels: Advani OTC 

    2nd May, 2008 17:31

    Pashupati Advani of Advani OTC Dealers said the US Fed move, gains in China and other markets are adding to the momentum. He expects to see an upside of around 5-1

  • Koutons planning to open upto 1800 stores till FY10

    2nd May, 2008 17:13

    It had a good year where the topline revenue was around Rs 793.5 crore which is almost 97% from last year FY06-07 and the PAT revenue which was 69% is now 100%, in

  • General Motors April 2008 sales up by 24%

    2nd May, 2008 17:02

    General Motors India April 2008 sales up by 24% in a sluggish market. Chevrolet Spark sales grow by 66%

  • Aztecsoft FY08 PAT at Rs 17.38 cr

    2nd May, 2008 16:46

    Aztecsoft has announced its FY08 results. The company's FY08 PAT was at Rs 17.38 crore.

  • TV 18 an outperformer: Prabhudas Lilladher

    2nd May, 2008 16:44

    Prabhudas Lilladher has maintained its outperformer rating on Television Eighteen India with a revised price target of Rs 415. TV 18 reported better results than e

  • Base metal prc are trading between three-five month lows  

    2nd May, 2008 16:38

    Base metal prices are also trading between three-five month lows on the exchange here and we have seen a similar trend in the Indian markets as well. But with the

  • MindTree to acquire 32.57% equity interest in Aztecsoft

    2nd May, 2008 16:30

    MindTree Ltd., a global IT and R&D Services Company, announced that it has signed a definitive agreement with the largest shareholder of Aztecsoft Ltd. to acquire

  • HSBC foils £70 m fraud bid; Indian charged

    2nd May, 2008 16:28

    HSBC has foiled a record breaking 70 million pound fraud. A bank clerk of Indian origin - Jagmeet Channa has been charged with planning to steal a record-breaking

  • KPIT Cummins MTM losses at Rs 89.3 cr

    2nd May, 2008 16:18

    KPIT Cummins Infosystems has declared MTM Losses of Rs 89.3 crore. The company's FY07 net profit was at Rs 50.3 crore.

  • TCS BáNCS Core Bkg enhances regulatory compliance reqmnt

    2nd May, 2008 15:52

    TCS Financial Solutions, the strategic business unit of Tata Consultancy Services dedicated to providing business application solutions to the banking, insurance a

  • C&O Group announces Rs 8500cr investment in Tamil Nadu

    2nd May, 2008 15:44

    Coastal Energen Private Limited, the power generating flagship company of the Coal & Oil group, announced the launch of their 1st phase 1000 Mw power plant in the

  • Patni appoints Loek van den Boog as Executive Director

    2nd May, 2008 15:36

    Patni Computer Systems announced the appointment of Mr. Loek van den Boog as Executive Director of the company with effect from April 29, 2008. Loek has been an In

  • Technocraft Ind sees FY09 sales at Rs 450 cr 

    2nd May, 2008 15:32

    Technocraft Industries almost doubled its PAT on a YoY basis. Its Q4FY08 net sales is up at Rs 103 crore versus Rs 71.8 crore. Sharad K Saraf, MD of Technocraft In

  • Bhilai team bags SAIL Chairman's Trophy for Young Managers

    2nd May, 2008 15:28

    To encourage managerial excellence among the young managers of SAIL, the 'Chairman's Trophy for Young Managers' competition was introduced in 2004-05. The CTYM for

  • Expect 40% upside in Jagran Prakashan: H Agarwal 

    2nd May, 2008 15:22

    Hitesh Agarwal of Angel Broking is of the view that one can expect 40% upside in Jagran Prakashan. It is the leading publication of Dainik Jagran, which is India’s

  • Larsen among major gainers

    2nd May, 2008 15:18

    Larsen and Toubro, L&T is among major gainers on the Nifty. At 3:08 pm, the share was quoting at Rs 3,123, up Rs 119.75, or 3.99% . It has touched an intraday high

  • Creative introduces MuVo T200 MP3 player

    2nd May, 2008 15:08

    Creative Technology Ltd., a worldwide leader in digital entertainment products, today introduced in India the Creative MuVo® T200, an ultra compact and lightweight

  • Stay long in GMR Infrastructure: Mohindar 

    2nd May, 2008 15:05

    Rahul Mohindar of Viratechindia is advices to stay long in GMR Infrastructure. It has made an interesting bottoming out kind of formation over the last two months

  • MphasiS FY08 revenues up 38%, Net profits up 42%

    2nd May, 2008 15:00

    MphasiS Group recorded revenues of Rs 2,423 crores a growth of Rs 662 crores, which is 38% over the previous year. Net profit increased by 42% from Rs 180 crores t

  • Ashok Leyland up on huge volume

    2nd May, 2008 14:57

    At 2:49 pm, Ashok Leyland was quoting at Rs 42.90, up Rs 1.75, or 4.25%. It has touched an intraday high of Rs 43.45 and an intraday low of Rs 41.10. It was tradin

  • DLF’s revenue up 258%, Net profit up 306%

    2nd May, 2008 14:52

    DLF Limited reports consolidated revenues of Rs 14,494 crore for the year ended March 31, 2008, an increase of 258% from Rs 4,053 crore in FY07. EBIDTA stood at Rs

  • Siemens a market performer: Prabhudas Lilladher

    2nd May, 2008 14:49

    Prabhudas Lilladher has revised its rating on Siemens from outperformer to market performer with a price target of Rs 602. Siemens reported 1% YoY growth in revenu

  • Hold Bartronics, says Joshi 

    2nd May, 2008 14:44

    Sharmila Joshi of Prabhudas Lilladher is of the view that one should hold Bartronics with a year and half kind of perspective

  • 3i Infotech close to sign $100 million deal, stk up

    2nd May, 2008 14:43

    At 2:32 pm, 3i Infotech was quoting at Rs 133.95, up Rs 1.45, or 1.09%. It has touched an intraday high of Rs 136.90 and an intraday low of Rs 131.05. According to

  • Buy Castrol India, target of Rs 419: Hem

    2nd May, 2008 14:33

    Hem Securities has recommended a buy rating on Castrol India with a price target of Rs 419. The company has posted excellent results for the quarter ended Q1FY08.

  • Reliance Power surges on acquisition of 3 coal mines

    2nd May, 2008 14:26

    At 2:16 pm, Reliance Power was quoting at Rs 399.35, up Rs 5.05, or 1.28%. It has touched an intraday high of Rs 404.35 and an intraday low of Rs 395.25. The comp

  • India can attract global money: Bharati Axa Invest 

    2nd May, 2008 14:20

    Prateek Agrawal of Bharati Axa Investment Managers feels that markets like India, which are not very commodity heavy, should attract global money. "If things pan o

  • M&M April sales at 20030 units

    2nd May, 2008 14:19

    M&M has annouced its April sales numbers. The company's april sales were at 20,030 units versus 12,867 units. Its tractor sales at 8628 units versus 9060 units

  • Union Bk Q4FY08 net profit seen up at Rs 280.52cr

    2nd May, 2008 14:12

    Union Bank Of India to announce its Q4FY08 results. According to CNBC-TV18 estimates, the company's Q4 net profit is seen up 22.72% from Rs 228.58 crore to Rs 280.

  • Jindal Stainless declares result; stock down

    2nd May, 2008 14:05

    At 1:55 pm, Jindal Stainless was quoting at Rs 147.90, down Rs 1.55, or 1.04%. It has touched an intraday high of Rs 151.80 and an intraday low of Rs 145.50. The c

  • Pressure now on maintaining margins, managing risks

    2nd May, 2008 14:00

    The result season so far has been mixed. From the results declared thus far, the conclusion could at best be mixed, with a bias towards bad performance. CNBC-TV18

  • Kansai Nerolac Paints sales up by 8.7%

    2nd May, 2008 13:40

    Kansai Nerolac Paints Limited Sales up by 8.7% for the year. The Company has registered a Top line growth of 9.5% at Rs 377.88 crores, in the IV Quarter, as compar

  • Hindalco Industries revenues Rs 5010cr, PAT Rs 1077cr

    2nd May, 2008 13:21

    Hindalco Industries Limited revenues Rs 5010 crores, PAT Rs 1077 crores. For the quarter ended March 31, 2008, the company achieved net revenues of Rs.5010 crores

  • Buy Reliance Communications: S Joshi 

    2nd May, 2008 13:15

    Sharmila Joshi of Prabhudas Lilladher is of the view that one can buy Reliance Comm. The overall numbers are more or less in line with expectations. The good thing

  • GAIL gets 2 Awards for Excellence in Cost Management

    2nd May, 2008 13:10

    GAIL has received the National Award for Excellence in Cost Management from The Institute of Cost and Works Accountants of India. GAIL’s JLPL unit won the Second A

  • Rel Power to invest $1 bn in mine exploration, logistics 

    2nd May, 2008 13:02

    Reliance Power has acquired three coal mines in South Sumatra and Indonesia. It will invest USD 1 billion in mine exploration and logistics. JP Chalsani, CEO, Reli

  • Hold Reliance Communications: Bose 

    2nd May, 2008 13:00

    Technical Analyst, Rajat K Bose is of the view that one can hold Reliance Communications. On January 22nd as well as twice in the month of March and April, it is i

  • Use upside to book profits in brokerage stks 

    2nd May, 2008 12:56

    Ambareesh Baliga of Karvy Stock Broking is of the view that one should use any upside to book profits in brokerage stocks.

  • PNB revises interest rates on non-resident deposits

    2nd May, 2008 12:47

    Punjab National Bank has revised the rates of interest on FCNR (B) Deposits Scheme for USD, GBP, EURO, CAD and AUD deposits w.e.f. 1st May, 2008

  • Aptech’s revenues increase by 18%

    2nd May, 2008 12:38

    Aptech’s revenues increase by 18% (Rs. 2579 lacs vs. 2188 lacs). Revenues from retail education increase 27% (Rs 1671 lacs vs. Rs 1316 lacs). Operating Profit at

  • Koutons Retail to maintain current margins at 19% 

    2nd May, 2008 12:29

    Koutons Retail has come out with a good set of numbers for Q4 and FY08. DPS Kohli, Chairman of Koutons Retail said they plan to raise further money from QIBs in 20

  • Bajaj Motorcycle sales grow 24%

    2nd May, 2008 12:28

    Bajaj Motorcycle sales grow 24%. Strong export growth is expected to continue this year with exports expected at over 800,000 units

  • Maruti Suzuki sales in April 2008

    2nd May, 2008 12:20

    Maruti Suzuki India Limited sold 59,539 vehicles in the domestic market in April 2008. Maruti Suzuki India Limited sold 62,336 vehicles in April 2008. This include

  • Reliance Comm leads losers on Sensex

    2nd May, 2008 12:10

    Reliance Communications is top loser on the Sensex. At 12 pm, the share was quoting at Rs 560.30, down Rs 19.45, or 3.35%. It has touched an intraday high of Rs 59

  • Indian GDRs: Gail down 8%, Satyam up 4.5%

    2nd May, 2008 11:58

    Indian GDRs: Gail and Grasim plunged, Satyam, SBI, L&T, Reliance and Tata Comm gained.

  • Four Soft PBT up by 28%

    2nd May, 2008 11:55

    Four Soft's consolidated revenue from operations was Rs 173 crore and operational PBT was Rs 16.35 crore. This is a considerable increase of about 6% in the reven

  • Buy Bank of India, target of Rs 469: Karvy

    2nd May, 2008 11:48

    Karvy Stock Broking has maintained its buy rating on Bank of India with a price target of Rs 469. In 4QFY2008, Bank of India reported 26% (Y-o-Y) growth in net int

  • M&M speeds up

    2nd May, 2008 11:46

    At 11:37 am, Mahindra and Mahindra, M&M was quoting at Rs 693.10, up Rs 22.70, or 3.39%. It has touched an intraday high of Rs 694.80 and an intraday low of Rs 672

  • Tata Motors continues its uptrend

    2nd May, 2008 11:42

    At 11:32 am, Tata Motors was quoting at Rs 685.30, up Rs 23.10, or 3.49%. It has touched an intraday high of Rs 685.40 and an intraday low of Rs 670. It was tradin

  • Geojit Financial maintains its march ahead

    2nd May, 2008 11:33

    At 11:24 am, Geojit Financial Services was quoting at Rs 64.70, up Rs 6.05, or 10.32%. It has touched an intraday high of Rs 67.70 and an intraday low of Rs 59.25

  • Bank of India has target of Rs 410-415: Gujral 

    2nd May, 2008 11:28

    Technical Analyst, Ashwani Gujral is of the view that above Rs 340-345 Bank of India has target of Rs 410-415.

  • Buy Infosys, target of Rs 2250: Karvy

    2nd May, 2008 11:22

    Karvy Stock Broking has maintained its buy rating on Infosys Technologies with a price target of Rs 2250. For FY08 the company reported revenue growth of 20.1% to

  • JP Associates can go upto Rs 290-300: Gujral 

    2nd May, 2008 11:17

    Technical Analyst, Ashwani Gujral is of the view that Jaiprakash Associates can go upto Rs 290-300. It is finally crossed over its 200 DMA, which was around Rs 255

  • Bharti Airtel ca touch Rs 1000-1050: Gujral 

    2nd May, 2008 11:09

    Technical Analyst, Ashwani Gujral is of the opinion that Bharti Airtel seems like its finished its consolidation and now should head upto levels of Rs 1,000-1,050

  • Expect dismal earnings in India over next yr: Mirae Asset 

    2nd May, 2008 11:02

    Robert James Horrocks, Head Of Research of Mirae Asset Financial Group expects a longer protracted slowdown in the US. The markets haven't seen the full impact of

  • Demand-supply gap to put pressure on pricing: Moser Baer 

    2nd May, 2008 11:00

    Ratul Puri, ED of Moser Baer, sees a lot of pricing pressure due to demand-supply imbalance. He expects prices to remain under pressure in the near-term. Moser Bae

  • MphasiS expects BPO segment to grow 10% 

    2nd May, 2008 10:57

    Jeya Kumar, Chief Executive Officer and Susanto Banerjee, Interim CFO of MphasiS elaborating on the Q4 results said the margins slipped QoQ due to delay in product

  • Markets may expect good gains today

    2nd May, 2008 10:46

    Most European markets were closed last night, while the US markets rallied strongly. Asian markets are also up sharply this morning, and another strong global rall

  • Praj Industries has support at Rs 166: Gujral

    2nd May, 2008 10:45

    Technical Analyst, Ashwani Gujral is of the view that Praj Industries has support at Rs 166. Seems like it has made some sort of an intermediate bottom. It has got

  • Bajaj Auto April total bike sales at 203081 units

    2nd May, 2008 10:27

    Bajaj Auto Finance has declared its April 2008 sales numbers. The company's total bike sales were at 203,081 units versus 164,304 units on YoY basis.

  • HDFC Bank among major gainers

    2nd May, 2008 10:16

    HDFC Bank is among major gainers on the Sensex. At 10:07 am, the share was quoting at Rs 1,566, up Rs 51.15, or 3.38%. It was trading with volumes of 6,744 shares.

  • ICICI Bank minting money

    2nd May, 2008 10:13

    At 10:04 am, ICICI Bank was quoting at Rs 910.20, up Rs 30.80, or 3.50%. It has touched an intraday high of Rs 915 and an intraday low of Rs 895. It was trading wi

  • Hero Honda's two wheeler sales up 9 %

    2nd May, 2008 10:09

    Hero Honda has declared its April 2008 sales number. The company's two wheeler sales were up by 9% to 2.86 lakh units versus 2.62 lakh on YoY basis.

  • Reliance Infra locked at 5% upper circuit

    2nd May, 2008 10:00

    Reliance Industrial Infrastructure is locked at 5% upper circuit. At 10 am, the share was quoting at Rs 1,625.05, up Rs 77.40 on the Nifty. There were pending buy

  • New month is likely to begin with a rally

    2nd May, 2008 09:58

    According to Khandwala Securities Market Preview report, new month is likely to begin with a rally in the stock prices following positive global cues. Automobile c

  • Sensex has a support at 17210

    2nd May, 2008 09:49

    According to Khandwala Securities Market Preview report, New month is likely to begin with a rally in the stock prices following positive global cues. Sensex has a

  • Nifty to slowly rally to 5400: Gujral 

    2nd May, 2008 09:36

    Technical Analyst Ashwani Gujral feels that now that the global cues are positive and earnings season is past, the market may move beyond the 5230-5240 levels and

  • Market ends with hefty gains; Bankex up nearly 4%

    2nd May, 2008 09:33

    Markets closed with hefty gains. It showed no signs of weakness during the day and also ignored the higher inflation number. Inflation for the week-ended April

  • SBI FY08 net profit seen up 42.84% at Rs 6487.16 cr

    2nd May, 2008 09:24

    SBI is to announce its Q4FY08 results. According to CNBC-TV18 estimates, the company's Q4 net profit is seem up 9.92% from Rs 1493.2 crore to Rs 1641.36 crore.

  • FIIs net bought Rs 773 cr in Nifty Options 

    2nd May, 2008 09:12

    Nifty Open Interest PCR at 1.47 versus 1.36. FIIs net bought Rs 773 crore in Nifty options. Futures Open Interest up Rs 420 crore, Options Open Interest up Rs 1898

  • Navi Mumbai airport caught in red tape!

    2nd May, 2008 09:05

    The Navi Mumbai airport is expected to be operational in 2012, but that date may get further delayed as the most crucial environment clearance is still stuck in re

  • US markets rally 

    2nd May, 2008 09:01

    The Dow saw its first gain in 3 days shooting up 189 points on Thursday. The NASDAQ posted its biggest gain in a month, up 67 points. Crude oil prices declined for

  • Sell MCX June Gold at Rs 11210

    2nd May, 2008 08:58

    For gold one could sell MCX June at Rs 11,210 per 10 grams with a target of Rs 11,100 per 10 grams, says Narne

  • Equity calls: Thukral, Mowat 

    2nd May, 2008 08:49

    The market is net long with Put writing at 5000 and 5100. The Nifty may rally to 5300-5350 in the short-term, says Thukral.

  • Buy Jubilant Organosys, target of Rs 470: Networth

    2nd May, 2008 08:48

    Networth Stock Broking has recommended a buy rating on Jubilant Organosys with a price target of Rs 470. At CMP of Rs 359 the stock trades at 21x and 15.27x FY08E

  • Nifty may rally to 5300-5350: Thukral

    2nd May, 2008 08:44

    The market is net long with Put writing at 5000 and 5100. The Nifty may rally to 5300-5350 in the short-term, says Thukra.

  • Buy Godrej Consumer, target of Rs 153: IndiaInfoline

    2nd May, 2008 08:40

    IndiaInfoline has recommended a buy rating on Godrej Consumer Products with a one-year price target of Rs 153. Consolidated revenues registered lower than expected

  • Stocks in news: SBI, Mindtree, Idea Cellular

    2nd May, 2008 08:37

    Stocks in news: SBI has results today. Mindtree is set to buy Aztecsoft for Rs 400 crore. Idea Cellular to launch in Mumbai in less than 3 months.

  • Cochin Shipyard delivers platform supply vessel

    2nd May, 2008 08:36

    The Cochin Shipyard delivered another platform supply vessel on Thursday named ‘Sea Pollock’ to Deep Sea Supply Plc, Norway. The protocol documents were signed by

  • Jindal Stainless Q4 net profit at Rs 53.1 cr

    2nd May, 2008 08:32

    Jindal Stainless has declared its results for the quarter ended March 2008 (Q4). The company's net profit was at Rs 53.1 crore versus Rs 92.1 crore.

  • Cairn gets nod to shift delivery point for Rajasthan crude

    2nd May, 2008 08:28

    The wait is finally over for Cairn India with the Government on Wednesday giving its nod for shifting of the delivery point of crude oil from the field in Barmer,

  • F&O cues: Futures Open Int up by Rs 420 cr

    2nd May, 2008 08:26

    F&O cues: Nifty Futures add 4 lakh shares in Open Int, at 24-pt premium. Futures Open Int up by Rs 420 crore and Options Open Int up by Rs 1,898 crore.

  • Great Offshore Q4 net profit at Rs 42.4 cr

    2nd May, 2008 08:24

    Great Offshore has declared its results for the quarter ended March 2008 (Q4). Its net profit was at Rs 42.4 crore versus Rs 29.9 crore.

  • Reliance Power acquiring coal mine in Indonesia

    2nd May, 2008 08:18

    Reliance Power Ltd, the recently listed power generation company of the Anil Ambani group, would be investing about $1 billion (Rs 4,000 crore) in acquiring an

  • Wall Street advances; Dow up 190 pts

    2nd May, 2008 08:09

    Fed's 25 basis point cut doesn't keep Wall Street jittery for too long. Stocks on yesterday rise to the highest level since January after a rally in dollar and str

  • Marksans Pharma Q4 net profit at Rs 4.6 cr

    2nd May, 2008 08:05

    Marksan Pharma has declared its results for the quarter ended March 2008 (Q4). Its net profit was at Rs 4.6 crore versus loss of Rs 7.8 crore.

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