At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
Though the Rain stock has firmed up since our last note by 22 per cent, we remain constructive as the valuations are still reasonable
Overall growth environment is fragile but we estimate that the near-term stress in the demand environment is already priced in Rain's valuations
Post recent raw material mobilization, company’s operations are in full swing. Company is sitting on sale order of 50,000 tonne and hopeful of capacity utilization of 96 percent in Q4. End market demand, particularly in aluminum industry (80 percent of sales) remains intact.
We expect growth in CY19 to be led by volume improvement in carbon segment and pricing gains in the advance material segment
The company is hopeful of a positive outcome from the October 9 hearing in the Supreme Court as the petcoke is used as feedstock in the industry and not as fuel.
In case of other businesses, chemical business (16 percent of FY17 sales) witnessed lower volumes sequentially due to decline in chemical trading business as the company is reducing the share of low margin trading operations.
Rain Commodities announced its Q3CY11 results and approved a buyback of Rs 1 crore fully paid up equity shares. Chief financial officer T Srinivasa Rao expects the profits to be upwards of Rs 100 crore each quarter. The company plans to list its CPC business by second half of FY12.
T Srinivasa Rao, CFO, Rain Commodities, talks to CNBC-TV18 about the company’s plans to list its Calcine Petroleum Coke (CPC) business on the bourses. The segment contributes 80% to revenues and operating margins, he says.