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Emkay Global Financial Services has come out with its earning estimates on Engineering & Capital Goods sector for the quarter ended March 2011. According to the research firm, Elecon Engineering March quarter sales are expected to go up by 4% at Rs 345.7 crore, year-on-year, (YoY) basis.
Emkay Global Financial Services has come out with its earning estimates on Engineering & Capital Goods sector for the quarter ended March 2011. According to the research firm, Voltas March quarter sales are expected to go up by 9% at Rs 1617.6 crore, year-on-year, (YoY) basis.
Spot silver may surge to record highs above USD 50 an ounce by the end of 2011, based on technical chart observations by Reuters analyst Wang Tao.
Money Market Operations as on April 9, 2011
Bonanza is bullish on BGR Energy Systems and has recommended buy rating on the stock with a target of Rs 615 in its April 11, 2011 research report.
When Indian media reported recently that Chinese troops were in Pakistan-administered Kashmir, the response from China was vehement.
The semifinal loss to India in the World Cup continues to rankle Pakistan's ODI captain Shahid Afridi who said it was a mistake to position himself in the lower-half of the batting order in the high-voltage game.
Amid controversy over allocation of spectrum and grant of telecom licences, government today said all licences are proposed to be renewed after 10 years instead of 20 year period earlier.
At his first media interaction on Friday since taking charge as SBI’s chairman, Pratip Choudhuri said he aimed to lower the non-performing assets (NPAs) of the bank, while maintaining credit and deposit growth. Meanwhile, brokerages rule out the stock’s re-rating immediately based on the targets set by Choudhuri.
Finance Minister Pranab Mukherjee today said that while food inflation has come down, it still remained a matter of grave concern and steps are being taken to bring it down.
Alembic has fixed April 14, 2011 as record date to ascertain the eligibility of the shareholders of Alembic Limited to receive the equity shares of Alembic Pharmaceuticals Limited as per the scheme of arrangement sanctioned by the Hon'ble High Court of Gujarat.
Essar Oil Q4 net profit was up 78% at Rs 321 crore versus Rs 180 crore, year-on-year, YoY, reports CNBC-TV18. It touched an intraday high of Rs 147.80 and an intraday low of Rs 137. At 15:05 hrs the share was quoting at Rs 137.90, down Rs 1.90, or 1.36%.
Elecon Engineering has bagged order worth Rs 23.49 crore from Ultra Tech Cement.
ACIL Cotton Company is planning to acquire 2500 acres of land for its organic contract farming activity.
Bharti Airtel touched an intraday high of Rs 366.15 and an intraday low of Rs 360.60. At 15:02 hrs the share was quoting at Rs 363.65, up Rs 1.60, or 0.44%. SingTel has increased its stake in the company to 32.25% versus 32.15%, reports CNBC-TV18.
Vikas GlobalOne has its Board of Directors meeting on May 05, 2011 to consider dividend.
India's empowered group of ministers will decide whether the country should allow exports of wheat this year, Food Minister K.V. Thomas said on Monday.
Iran's economy minister said on Monday a dispute with India over payments for Iranian crude oil had been resolved, the semi-official Fars news agency reported.
Bonanza is bullish on Vijaya Bank and has recommended buy rating on the stock with a target of Rs 97 in its April 11, 2011 research report.
Mangalam Cement has its Board of Directors meeting on April 27, 2011 to consider dividend.
Binani Industries has its Board of Directors meeting on April 22, 2011 to consider dividend.
Binani Cement has its Board of Directors meeting on April 22, 2011 to consider dividend.
Wendt has its Board of Directors meeting on April 29, 2011 to consider dividend.
In an interview with CNBC-TV18, MM Miyajiwala, executive vice president and CFO of Voltas, spoke about his reading of the IIP numbers and his outlook.
Tata Power, strategic electronics division has bagged order to modernise Airfield Infrastructure for the Indian Air Force.
