Moneycontrol News Archive

Seeing double-digit growth across portfolio: LG 

8th May, 2009 21:01

V Ramachandran, Director – Marketing & Sales, LG Electronics India said this year for LG right through has been quite strong and particularly the summer has been

Radio controlled cars: Tech toys for grown-up boys 

8th May, 2009 19:59

Think you are too old to be playing with toy cars? Wait till you see what we have for you. The ultimate toys for grown up boys. Radio controlled cars.

HUL Mar qtr PAT seen up 17% at Rs 445 cr

8th May, 2009 19:48

Hindustan Unilever is to announce its fifth quarter results. The company’s Q5 net sales is seen up 12.62% at Rs 4272.7 crore versus Rs 3793.94 crore.

US markets open higher; Dow up 99 points

8th May, 2009 19:12

At 19.05 hrs (IST)- The US markets opened higher. The Dow Jones Industrial Average was up 99.25 points, or 1.18%, to 8,509.10. The Nasdaq was up 13.03 points, or 0

Sell Elecon Engineering, target of Rs 31: Emkay

8th May, 2009 18:34

Emkay Global Financial Services has downgraded its rating on Elecon Engineering Company from reduce to sell with target price of Rs 31. Elecon Engineering reported

Buy Great Offshore, target of Rs 435: Emkay

8th May, 2009 18:21

Emkay Global Financial Services has maintained its buy rating on Great Offshore with a price target of Rs 435. In a significant development, Bharati shipyard has b

Accumulate Union Bank, target of Rs 170: Emkay

8th May, 2009 17:58

Emkay Global Financial Services has downgraded its rating on Union Bank of India to accumulate from buy with a price target of Rs 170. Union Bank of India’s report

Markets end on a weak note: Nirmal Bang

8th May, 2009 17:47

According to Nirmal Bang's report, the benchmark index ended on a weak note sliding 241 points to 11,876, it touched an intra-day high of 12,180 points. The Nifty

Sell Bharati Shipyard, target of Rs 79: Emkay

8th May, 2009 17:35

Emkay Global Financial Services has maintained its sell rating on Bharati Shipyard with a target price of Rs 79. Bharati Shipyard (BSL) has acquired 14.9% shares @

Rupee has support at 48.90-49/$: Commtrendz Research

8th May, 2009 17:22

According to Commtrendz Research's report on Indian Rupee, immediate supports are at 48.90-49 followed by 48.50-48.60. Immediate resistance falls around 49.60-49.7

See crude in $54-61/bbl range: Shamik Bhose 

8th May, 2009 17:00

Shamik Bhose, Advisor – Commodity Markets, Microsec Commerze said USD 61-62 per barrel could be seen as a target for crude if it holds USD 55 per barrel on a daily

Hold Phillips Carbon, target of Rs 66: Nirmal Bang

8th May, 2009 16:56

Nirmal Bang has recommended a hold rating on Phillips Carbon Black with a price target of Rs 66. Phillips Carbon Black reported total sales of Rs 262.03 crore in Q

Sell Shoppers Stop, target of Rs 105: KRChoksey

8th May, 2009 16:42

KRChoksey has recommended a sell rating on Shoppers Stop with a target price of Rs 105. Shoppers Stop (SSL) sales grew by 14.4% y-o-y to Rs 330.8 crore despite dec

Jet-Sahara case may end in out-of-court settlement 

8th May, 2009 16:35

The Bombay High Court has once again signalled its support for an out-of-court settlement in the Jet-Sahara tax tussle. The court has reserved its order on the ong

Buy Shree Cements, target of Rs 995: SKP Securities

8th May, 2009 16:26

SKP Securities has maintained its buy rating on Shree Cements with a price target of Rs 995. Shree Cements net sales up 22.19% for Q4FY09 at Rs 811.64 crores. PAT