Majority of brokerages retained their ratings on the stock but half of them slashed target price, citing caution over earnings due to likely higher R&D expenses and cut in FY18 sales guidance by the company.
20 May 2016, 1.39 pm | Source: Moneycontrol.com
Ramco Cements today reported over two-fold increase in consolidated net profit at Rs 206.3 crore for the quarter ended March, helped by lower depreciation costs.
20 May 2016, 12.00 pm | Source: PTI
Upinder Zutshi, MD and CEO, Infinite Computer Solutions, sees margins also rising by 10-12 percent.
20 May 2016, 11.58 am | Source: CNBC-TV18
The profits in Q4 of the last fiscal year were actually higher at Rs 7 crore but we had to pay the pending CSR (corporate social responsibility) donation of Rs 2 crore and make provisions for Rs 4 crore, says Parag Shah, Managing ...
20 May 2016, 11.49 am | Source: CNBC-TV18
The promoters of the company have plans to increase the stake to about 75 percent, says Paras Savla, CMD of Deep Industries.
20 May 2016, 11.35 am | Source: CNBC-TV18
The firm's total income from operations also increased 12.3 percent to Rs 1,086.9 crore during the January-March quarter as against Rs 968.1 crore a year ago.
20 May 2016, 10.46 am | Source: PTI
Drugmaker's management highly unlikely to achieve guidance, says Surajit Pal, analyst at Prabhudas Lilladher.
20 May 2016, 10.41 am | Source: CNBC-TV18
Rupee revenue is likely to be flat Rs 345 crore during the quarter against Rs 344.34 crore while dollar revenue may fall 1.1 percent to USD 51.2 million compared to preceding quarter.
20 May 2016, 10.39 am | Source: CNBC-TV18
The company could see improvement in volumes growth going forward, says Shekhar Ramamurthy, MD, United Breweries.
20 May 2016, 10.30 am | Source: CNBC-TV18
Revenue is seen rising 12.6 percent to Rs 176 crore compared to year-ago period. Operating profit may climb 28.5 percent to Rs 54.5 crore and margin may expand 140 basis points to 28.5 percent in Q4.
20 May 2016, 10.25 am | Source: CNBC-TV18
Sudhir Hoshing, Joint Managing Director, IRB Infrastructure expects traffic volumes and revenues to increase and hopes to garner around Rs 1.15 crore per day, going forward for the Ahmedabad-Vadodara project.
20 May 2016, 10.23 am | Source: CNBC-TV18
In the fourth quarter of FY16, the company was benefitting from lower crude prices, but the scenario will change going forward as there could be a hike in crude, says Rupin Shah, Research Analyst with HDFC securities.
20 May 2016, 9.48 am | Source: CNBC-TV18
Going forward analysts expect Wabco India to report net profit of nearly Rs 350 crore and an earnings per share of around Rs 200 crore.
20 May 2016, 9.16 am | Source: CNBC-TV18
Future Consumer Enterprise Ltd, a part of Kishore Biyani-led Future Group, today reported a consolidated net loss of Rs 25.82 crore for the fourth quarter ended on March 31, 2016
19 May 2016, 9.30 pm | Source: PTI
Adhesives and industrial chemicals manufacturer Pidilite Industries on May 19 reported a 48.97 percent increase in standalone net profit at Rs 115.04 crore for the March quarter
19 May 2016, 9.30 pm | Source: PTI
Total income during the quarter marginally increased to Rs 57.4 crore from Rs 57.2 crore in the year-ago period.
19 May 2016, 8.46 pm | Source: PTI
The company had posted a net profit of Rs 67.09 crore in January-March quarter of the previous fiscal, it said in a filing to the stock exchanges.
19 May 2016, 8.24 pm | Source: PTI
Realty firm Sobha on May 19 reported a 41 percent decline in consolidated net profit at Rs 36.1 crore for the March quarter, on higher finance cost and tax expenses
19 May 2016, 7.38 pm | Source: PTI
Total income from operations rose to Rs 650.40 crore in January-March quarter of the 2015-16 fiscal from Rs 641.05 crore in the same quarter of previous year, GHCL said in a BSE filing.
19 May 2016, 6.38 pm | Source: PTI
SpiceJet's net profit more than tripled to Rs 73.19 crore in the three months to March as higher income from operations helped the no-frills carrier remain profitable for the fifth straight quarter
19 May 2016, 5.46 pm | Source: PTI
Fruit juice company Manpasand Beverages reported a 47.63 percent jump in net profit at Rs 25.54 crore for the quarter ended March 31 on account of higher sales
19 May 2016, 5.44 pm | Source: PTI
The company, which today announced plans to sell 50 percent stake in joint venture Schutz Dishman for three lakh euros to its promoters, had reported a consolidated net profit of Rs 38.61 crore in January-March period of 2014-15.
19 May 2016, 4.00 pm | Source: PTI
Revenue shot up 55.3 percent to Rs 1,537 crore during the quarter against Rs 990 crore in corresponding quarter of last fiscal.
19 May 2016, 3.52 pm | Source: Moneycontrol.com
Bank of India may post loss of Rs 920 crore in Q4 against loss of Rs 56 crore in year-ago period, according to CNBC-TV18's consensus estimates.
19 May 2016, 3.26 pm | Source: CNBC-TV18
Gross margin is likely to flat due to rising input costs especially in sugar and flour prices. Robust advertising spends may also slightly mitigate expansion. Cost saving measures, however will continue to aid margins.
19 May 2016, 3.16 pm | Source: Moneycontrol.com
Lupin's fourth quarter numbers positively surprised the Street but the plan of action for the Goa plant will be critical for the company, says Mayuresh Joshi of Angel Broking.
19 May 2016, 3.16 pm | Source: CNBC-TV18
The company, part of APM Terminals had posted a net profit of Rs 66.88 crore in the year-ago quarter, GPPL said in a BSE filing.
19 May 2016, 3.14 pm | Source: PTI
According to Motilal Oswal estimates, cigarette volume decline to moderate by 1-6 percent on annual basis. Some analysts are expecting flat to marginally positive volumes. If volumes manage to register growth, it will be after 11 ...
19 May 2016, 3.13 pm | Source: Moneycontrol.com
The channel should focus on content to expand and strengthen its foothold in Tamil Nadu, says Abneesh Roy, Associate Director at Edelweiss Securities.
19 May 2016, 3.00 pm | Source: CNBC-TV18
The company had reported a net profit after tax and minority interest of Rs 244 crore in the year-ago period, CESC Ltd said in a filing to BSE.
19 May 2016, 3.00 pm | Source: PTI