Bhushan Steel Dec qtr PAT seen up 11.3% at Rs 253.1cr: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Bhushan Steel December quarter sales are expected to go up by 19.3 % to Rs 1705.3 crore, Year-on-Year, (Y-o-Y) basis.
Hindustan Zinc Dec qtr PAT seen down 5.9%: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Hindustan Zinc December quarter sales are expected to go up by 4 % to Rs 2338.8 crore, Year-on-Year, (Y-o-Y) basis.
Monnet Ispat Dec qtr PAT seen down by 8.7 %: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Monnet Ispat December quarter sales are expected to go down by 3.9 % to Rs 357.5 crore, Year-on-Year, (Y-o-Y) basis.
Godawari Power Dec qtr PAT seen down by 3.4 %: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Godawari Power December quarter sales are expected to go down by 55.1 % to Rs 14.6 crore, Year-on-Year, (Y-o-Y) basis.
Usha Martin Dec qtr consolidated PAT seen down 20.6 %: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Usha Martin December quarter consolidated sales are expected to go up by 10.9 % to Rs 656.5 crore, Year-on-Year, (Y-o-Y) basis.
Sesa Goa Dec qtr consolidated PAT seen up by 32.7 %: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Sesa Goa December quarter consolidated sales are expected to go up by 15.2 % to Rs 2177 crore, Year-on-Year, (Y-o-Y) basis.
Ambuja Cements plunges 4.5%
Ambuja Cements touched an intraday high of Rs 142 and an intraday low of Rs 134.15. At 13:44 hrs the share was quoting at Rs 134.30, down Rs 6.35, or 4.51%.
JSW Steel Dec qtr PAT seen up 48.8% at Rs 483.2cr: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, JSW Steel December quarter sales are expected to go up by 28.3 % to Rs 5919.8 crore, Year-on-Year, (Y-o-Y) basis.
Sensex extends losses; ONGC, SBI, Sterlite, HUL, L&T drag
At 13:34 hours IST - the benchmark Sensex shed more than 100 points in afternoon trade, dragged by FMCG, capital goods, auto, realty, cement, select financial and metal companies' shares.
SAIL Dec qtr PAT seen down by 16.2 % at Rs 1403.6 cr: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Steel Authority of India (SAIL) December quarter sales are expected to go up by 18.4 % to Rs 11890.4 crore, Year-on-Year, (Y-o-Y) basis.
Food inflation accelerates to year high
India's food inflation accelerated for the fifth straight week to the highest in more than a year, reinforcing fears it will spill over to broader prices and pile pressure on the central bank to tighten monetary policy.
Reliance Capital positive on banking space
Sunil Singhania, Head Equities, Reliance Capital is positive on banking space.
Tata Steel Dec qtr consolidated PAT seen up by 25.6 %: PINC
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Tata Steel December quarter consolidated sales are expected to go up by 3.3 % to Rs 27059.4 crore, Year-on-Year, (Y-o-Y) basis.
RBI releases Draft Guidelines on Advanced Measurement Approach (AMA) for Calculating Operational Risk Capital Charge
RBI releases Draft Guidelines on Advanced Measurement Approach (AMA) for Calculating Operational Risk Capital Charge
RBI Reference Rate for US $ and Euro
RBI Reference Rate for US $ and Euro
Food inflation at 18.32% YoY on December 25
India's food price index rose 18.32% and the fuel price index climbed 11.63% in the year to December 25, government data on Thursday showed.
Norway's SWF hikes stake in Lanco Infratech
Norwegian sovereign wealth fund has raised its holding in Lanco Infratech by purchasing a further 0.6% stake for around Rs 89 crore (USD 20 mn) from the open market. The sovereign fund already owned 1.17% in Lanco as of September 30.
Telangana report leans towards united Andhra
The Justice BN Srikrishna Committee report on the issue for a separate state of Telangana leans towards united Andhra Pradesh. The report, which was released by the Centre in New Delhi on Thursday, says that status quo be maintained for the sake of internal security and economic well being.
Food price index jumps to 18.32% YoY on Dec 25
The food price index rose 18.32% and the fuel price index climbed 11.63% in the year to December 25, government data on Thursday showed.
Cipla in poor health
Cipla touched an intraday high of Rs 378.15 and an intraday low of Rs 363.70. At 12:11 hrs the share was quoting at Rs 364.05, down Rs 12.30, or 3.27%.
Bajaj Auto among major losers
Bajaj Auto was among major losers on the Sensex. It touched an intraday high of Rs 1,393 and an intraday low of Rs 1,325.05. At 12:06 hrs the share was quoting at Rs 1,334.20, down Rs 43.60, or 3.16%.
Bajaj Hindusthan allots 3 cr equity shares
Bajaj Hindusthan has allotted 3 cr equity shares of face value of Re 1 each.
Vedanta Group signs USD 191 mn agreement with Suzlon
Vedanta Group has signed USD 191 million agreements with Suzlon for 150 MW wind projects in India.
Power Finance Corporation can raise infrastructure bonds
Power Finance Corporation can raise infrastructure bonds to an amount equivalent to 25% of the gross disbursement made in preceding financial year.
Nifty tests 6050; realty, cap goods, auto, metal dip
At 11.57 hrs IST, the Nifty was hovering around 6050 mark with negative bias. It was a weak session for the markets on back of selling in realty, capital goods, auto and metal stocks. Selective buying was seen in telecom and IT stocks.
