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.
Reliance MediaWorks studio to boost margins
Film and entertainment firm Reliance MediaWorks expects to add 5 to 8 percentage points to its margins by calendar year 2012, driven by its newly unveiled film studio, a top official told Reuters on Friday.
Motilal Oswal Mutual Fund launches MOSt Shares M100 ETF
Motilal Oswal Asset Management Company has announced the launch of Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100), an open ended Index Exchange Traded Fund which seeks to track the CNX Midcap Index.
Buy Bharti Airtel; target of Rs 355: IIFL
IIFL is bullish on Bharti Airtel and has recommended buy rating on the stock with a target of Rs 355 in its January 10, 2011 research report.
Sensex volatile after initial sell-off; Infy, SBI lead
At 10:27 hours IST - the benchmark Sensex showed smart recovery after initial sell-off, led by support from heavyweights like Infosys, SBI, Reliance Industries, HUL, Bharti Airtel and ICICI Bank.
Sell Triveni Engineering; target of Rs 100: IIFL
IIFL is bearish on Triveni Engineering and has recommended sell rating on the stock with a target of Rs 100 in its January 10, 2011 research report.
Orbit Corp slips on buzz of BMC notice
Orbit Corporation touched an intraday high of Rs 74 and an intraday low of Rs 71.30. At 09:57 hrs the share was quoting at Rs 73.50, down Rs 0.90, or 1.21%. BMC issued stop work notice to the company's Marine Drive tower project for allegedly violating environment norms, reports Hindustan Times.
Piramal Grp to buy majority stake in Hind Dorr: Sources
Piramal Group is close to buying a majority stake in Hind Dorr, reports CNBC-TV18 quoting sources.
Balaji Amines has potential for rerating: Chugh
Balaji Amines has the potential to undergo a rerating, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
HDFC top loser on Nifty
Housing Development Finance Corporation (HDFC) was the top loser on the Nifty. It touched an intraday high of Rs 683 and an intraday low of Rs 658.20. At 09:34 hrs the share was quoting at Rs 667.85, down Rs 16.05, or 2.35%.
Investing is for grown-ups
Investing is for grown-ups, especially in 2011. All but the most hard-working and fastidious investors will be punished severely in a year marked by troubling predictions.
India's Stock Exchange promoters face a speed bump
To list or not to list... that is the question dividing stock exchange promoters and policymakers over the listing of exchanges in India
Reverse mortgage: The bank pays you the EMI
Reverse mortgage has so far been a lousy product that senior citizens didn’t want. But that’s about to change.
Art is getting hotter
If you’re looking for an investment that will at least look good, no matter what happens, you know where to go.
