M&M Dec qtr PAT seen up 69.5% at Rs 701.4cr: PINC
PINC Research has come out with its earning estimates on automobiles sector for the quarter ended December 2010. According to the research firm, Mahindra and Mahindra (M&M) December quarter sales are expected to go up by 35.3% to Rs 6082.7 crore, Year-on-Year, (Y-o-Y) basis.
Hero Honda Dec qtr PAT seen up 8.1% at Rs 579.3cr: PINC
PINC Research has come out with its earning estimates on automobiles sector for the quarter ended December 2010. According to the research firm, Hero Honda December quarter sales are expected to go up by 33% to Rs 5089.6 crore, Year-on-Year, (Y-o-Y) basis.
Bajaj Auto Dec qtr PAT seen up 28.4% at Rs 609.9cr: PINC
PINC Research has come out with its earning estimates on automobiles sector for the quarter ended December 2010. According to the research firm, Bajaj Auto December quarter sales are expected to go up by 22.8% to Rs 4046.9 crore, Year-on-Year, (Y-o-Y) basis.
Ashok Leyland Dec qtr PAT seen down at Rs 69.3cr: PINC
PINC Research has come out with its earning estimates on automobiles sector for the quarter ended December 2010. According to the research firm, Ashok Leyland December quarter sales are expected to go up by 16% to Rs 2106.1 crore, Year-on-Year, (Y-o-Y) basis.
CyberMedia, IDC to end long-standing relationship
CyberMedia and IDC to end long-standing relationship.
Subex bags USD 12 million deal
Subex has bagged USD 12 million Revenue Operations Center (ROC) managed services-cum-license deal from a Global Carrier.
Subex bags $ 12 million deal; stock down
Subex touched an intraday high of Rs 78.90 and an intraday low of Rs 75.55. At 11:26 hrs the share was quoting at Rs 76.65, down Rs 0.95, or 1.22%. The company has bags USD 12 million Revenue Operations Center (ROC) Managed Services-cum-License deal from a Global Carrier.
Franklin India Taxshield declares Dividend
Franklin India Taxshield has announced a dividend, for which the record date is on January 14, 2011.
India Cem Dec qtr PAT seen up 52% at Rs 53 cr: P Lilladher
Prabhudas Lilladher has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, India Cements quarter sales are expected to go down by 3.2% at Rs 836.6 crore, Year-on-Year, (YoY) basis.
Short Aurobindo Pharma; tgt of Rs 1220: Aditya Birla Money
Aditya Birla Money is bearish on Aurobindo Pharma and has recommended short rating on the stock with a target of Rs 1220 in its January 10, 2011 research report.
Eicher Motors slips 11.8%
Eicher Motors touched an intraday high of Rs 1,195 and an intraday low of Rs 995. At 11:24 hrs the share was quoting at Rs 1,050.00, down Rs 141.30, or 11.86%.
Simplex Infra bags order worth Rs 2128 crore
Simplex Infra has bagged order worth Rs 2128 crore in Q3.
Chrysler's quality push to be tested in 2011
Chrysler Group LLC's quality chief Doug Betts slid into last year's Dodge Charger, scouting for problems. He did not have to look very hard.
Shree Cem Dec qtr PAT seen dn 74% at Rs 44cr: P Lilladher
Prabhudas Lilladher has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, Shree Cements quarter sales are expected to go down by 5.7% at Rs 816.3 crore, Year-on-Year, (YoY) basis.
Sell BHEL; target of Rs 2200/2150: Aditya Birla Money
Aditya Birla Money is bearish on BHEL and has recommended sell rating on the stock with a target of Rs 2200/2150 in its January 10, 2011 research report.
Invest in Finolex Cables: Chugh
Invest in Finolex Cables, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
ACC Dec qtr PAT seen down 17% at Rs 229 cr: P Lilladher
Prabhudas Lilladher has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, ACC quarter sales are expected to go up by 6.1% at Rs 2175.5 crore, Year-on-Year, (YoY) basis.
Nifty tanks again, below 5850; ONGC, HDFC, L&T slip
At 11:10 hours IST - equity benchmarks slipped to near early day's low again amid volatility, due to sell-off in capital goods, auto, metal (barring Sterlite), private financial and healthcare companies' shares.
Ambuja Cem Dec qtr PAT seen dn 15% at Rs 206 cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Cements sector for the quarter ended December 2010. According to the research firm, Ambuja Cement quarter sales are expected to go up by 5.5% at Rs 1870.6 crore, Year-on-Year, (YoY) basis.
Indraprastha Gas Q3 net profit up at Rs 67.2 cr
State-owned natural gas supplier Indraprastha Gas has announced results for the quarter ended December 2010. It has reported net profit at Rs 67.2 crore as against Rs 58.9 crore in same period of previous year.
GST rollout delayed until April 2012: Report
\India's proposed new Goods and Service Tax (GST) will not be rolled out before April 2012, two years after its slated implementation date, due to continued parliamentary disruption, the Business Standard reported on Monday.
Patni board clears stake sale to iGate
The Patni board has cleared stake sale to iGate, reports CNBC-TV18. iGate will buy Patni stake at stake at Rs 503 per share (excl non-compete fee). The company will now make a 20% open offer.
Patni rises 2.2% on iGate deal expectation
Shares in Patni Computer rose as much as 2.8% on Monday on expectations US software firm iGate will announce a deal to buy the Indian firm. At 10:46 hrs the share was quoting at Rs 470.20, up Rs 10.10, or 2.20%.
UltraTech Dec qtr PAT seen up 56% at Rs 306 cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, UltraTech Cement quarter sales are expected to go up by 116.4% at Rs 3574 crore, Year-on-Year, (YoY) basis.
Apollo, others considering Sara Lee buyout: Source
A group of private equity firms including Apollo Global Management is interested in a buyout of food and beverage company Sara Lee Corp, and has made an approach to the company, a source familiar with the situation said on Sunday.
