KPIT Cummins Dec qtr PAT seen up 16% at Rs 27.5 cr
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, KPIT Cummins Infosystems December quarter sales are expected to go up by 4.2% to Rs 244.9 crore, Quarter-on-Quarter, (QoQ) basis.
Patel Engg Dec qtr PAT seen down 11% at Rs 40cr: KRChoksey
KRChoksey has come out with its earning estimates on infrastructure sector for the quarter ended December 2010. According to the research firm, Patel Engineering December quarter sales are expected to go down by 20% to Rs 769 crore, Year-on-Year, (YoY) basis.
Suzlon Energy Dec qtr loss seen at Rs 10cr: KRChoksey
KRChoksey has come out with its earning estimates on infrastructure sector for the quarter ended December 2010. According to the research firm, Suzlon Energy December quarter sales are expected to go down by 10% to Rs 5,020 crore, Year-on-Year, (YoY) basis.
ILandFS Trans Dec qtr PAT seen at Rs 118cr: KRChoksey
KRChoksey has come out with its earning estimates on infrastructure sector for the quarter ended December 2010. According to the research firm, ILandFS Transportation Networks December quarter sales are expected at Rs 990 crore, Year-on-Year, (YoY) basis.
Infotech Ent Dec qtr PAT seen up 27% at Rs 42 cr: Karvy
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Infotech Enterprises December quarter sales are expected to go up by 3.5% to Rs 305.8 crore, Quarter-on-Quarter, (QoQ) basis.
IRB Infra Dec qtr PAT seen up 17% at Rs 111cr: KRChoksey
KRChoksey has come out with its earning estimates on infrastructure sector for the quarter ended December 2010. According to the research firm, IRB Infrastructure December quarter sales are expected to go up by 24% to Rs 539 crore, Year-on-Year, (YoY) basis.
HCL Tech Dec qtr PAT seen up 6% at Rs 341 cr: Karvy
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, HCL Technologies December quarter sales are expected to go up by 4.8% to Rs 3783.4 crore, Quarter-on-Quarter, (QoQ) basis.
US payrolls seen hitting seven month high
The US economy probably created more jobs in December than any month since May, confirming a self-sustaining recovery is underway, but the unemployment rate is seen edging down only slightly.
Wipro Dec qtr PAT seen up 3% at Rs 1324.6 cr: Karvy
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Wipro December quarter sales are expected to go up by 4.6% to Rs 8131.6 crore, Quarter-on-Quarter, (QoQ) basis.
TCS Dec qtr PAT seen up 5% at Rs 2209 cr: Karvy
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Tata Consultancy Services (TCS) December quarter sales are expected to go up by 3.6% to Rs 9616.6 crore, Quarter-on-Quarter, (QoQ) basis.
IOB Dec qtr PAT seen up 95.6% at Rs 198.9cr: Karvy
Karvy Stock Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Indian Overseas Bank (IOB) December quarter net interest income (NII) are expected to go up by 23.9 % to Rs 984.6 crore, Year-on-Year, (Y-o-Y) basis.
Infosys Dec qtr PAT seen up 5.6% at Rs 1834 cr: Karvy
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Infosys Technologies December quarter sales are expected to go up by 3.4% to Rs 7184.2 crore, Quarter-on-Quarter, (QoQ) basis.
ICICI Bank Dec qtr PAT seen up 15% at Rs 1266.6cr : Karvy
Karvy Stock Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, ICICI Bank December quarter net interest income (NII) are expected to go up by 14.6 % to Rs 2359.5 crore, Year-on-Year, (Y-o-Y) basis.
Sell Essar Oil; target of Rs 130/126: Aditya Birla Money
Aditya Birla Money is bearish on Essar Oil and has recommended sell rating on the stock with a target of Rs 130/126 in its January 7, 2011 research report.
HDFC Bank Dec qtr PAT seen up 28% at Rs 1047.8cr: Karvy
Karvy Stock Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, HDFC Bank December quarter net interest income (NII) are expected to go up by 19.8% to Rs 2663.8 crore, Year-on-Year, (Y-o-Y) basis.
Sensex hits 20K; Hindalco, M&M, Tata Motors top losers
At 11:48 hours IST - the benchmark Sensex was under bears' control for fourth consecutive session today, dragged down especially by heavyweights like Reliance Industries, Bharti Airtel and Infosys, which were down 1.4-2.2%.
M&M among major losers
Mahindra and Mahindra (M&M) was among major losers on the Sensex. It touched an intraday high of Rs 766 and an intraday low of Rs 741.05. At 11:47 hrs the share was quoting at Rs 742.05, down Rs 27.85, or 3.62%.
Hindalco Industries melts down 4.6%
Hindalco Industries touched an intraday high of Rs 251.50 and an intraday low of Rs 238.15. At 11:44 hrs the share was quoting at Rs 239, down Rs 11.75, or 4.69%.
Opto Circuits US subsidiary Cardiac Science extends device connectivity to Allscripts Professional Electronic Health
Opto Circuits US subsidiary Cardiac Science has extended device connectivity to Allscripts Professional Electronic Health.
Schneider Electric enters into share purchase agreement with APW President Promoters
Schneider Electric has entered into share purchase agreement with APW President existing promoters.
Buy NTPC; target of Rs 210: IIFL
IIFL is bullish on NTPC and has recommended buy rating on the stock with a target of Rs 210 in its January 7, 2011 research report.
DSP Blackrock neutral on IT space
Anup Maheshwari, Executive Vice President & Head of Equities, DSP Blackrock Investment Managers is neutral on IT.
SAIL FPO likely to open on February 8
India's second largest steel maker and state-owned Steel Authority of India's (SAIL) follow-on public offer (FPO) is likely to open on February 8, 2011, which will be first public offer of the year 2011 from government, reports CNBC-TV18.
Buy Reliance Power; target of Rs 170: IIFL
IIFL is bullish on Reliance Power and has recommended buy rating on the stock with a target of Rs 170 in its January 7, 2011 research report.
Hindustan Zinc announces 150 MW expansions in Wind Power Generation Capacity
Hindustan Zinc has announced 150 MW expansions in Wind Power Generation Capacity.
