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Sonata Software has declared its fourth quarter results. The company's Q4 consolidated net profit was up at Rs 23 crore versus Rs 19 crore, QoQ.
Buy IRB Infrastructure Developers at lower levels, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking.
Infotech Enterprises has declared its fourth quarter results. The company's Q4 revenues were up 4.14% at Rs 326 crore versus Rs 313.8 crore, quarter-on-quarter, QoQ.
Will your bank hike lending rates? "Depends on RBI's monetary policy stance on May 3". That was the stock answer of most bankers to Moneycontrol.com's query on whether they would follow State Bank of India.
Sadbhav Engineering FY11 consolidated net profit was at Rs 93 crore versus Rs 36 crore. Its income from operation was at Rs 2,336 crore versus Rs 1,334 crore, reports CNBC-T18. It touched an intraday high of Rs 147.30 and an intraday low of Rs 124.90. At 15:10 hrs the share was quoting at Rs 147.30, up Rs 24.55, or 20%.
PINC Research has come out with its report on Bajaj Hindusthan.
Jaiprakash Associates touched an intraday high of Rs 101.10 and an intraday low of Rs 97.35. At 15:03 hrs the share was quoting at Rs 100.85, up Rs 3.80, or 3.92%.
Emkay Global Financial Services has recommended hold rating on HDFC Bank with a target of Rs 2530, in its April 18, 2011 research report.
Standard Chartered Bank's broking arm does not seem too excited about the prospects for steel companies in the near future.
The benchmark Sensex added more than 250 points in the afternoon trade and shrugged off trial court order on 2G case. The rally was led by buying across sectors at 14:30 hours - TCS was the leading star, with rising more than 4%.
Emkay Global Financial Services has recommended hold rating on CRISIL with a target of Rs 7000, in its April 18, 2011 research report.
UTI Mutual Fund has announced bonus in UTI-Children's Career Balanced Plan, UTI Unit Linked Insurance Plan and UTI Retirement Benefit Pension Fund, for which the record date has been fixed as April 25, 2011.
HCL Technologies Wednesday reported strong third quarter earnings that beat analysts forecast by a wide margin. However, some analysts remain cautious given the inconsistent earnings performance and inadequate conversion of profit into cashflow in the past.
The 30-share BSE Sensex erased about 100 points from day's high at 13:40 hours after the Trial Court order. Anil Dhirubhai Ambani Group companies' shares took beating - Reliance Communications plunged 4%. Reliance Capital, Reliance Capital and Reliance Power were down 1.5%.
Angel Broking is bullish on HDFC Bank and has recommended accumulate rating on the stock with a target of Rs 2671 in its April 19, 2011 research report.
Apple Inc's next-generation iPhone will have a faster processor and will begin shipping in September, three people with direct knowledge of the company's supply chain said.
Global miner Rio Tinto said it has control over 72% of takeover target Riversdale after Brazil's CSN accepted its offer.
Prabhudas Lilladher is bullish on Persistent Systems and has recommended buy rating on the stock with a target of Rs 525 in its April 18, 2011 research report.
Realising the growing global importance of BRIC group of nations, Iran hopes to build its relations with them, a top official said.
With spiraling healthcare cost a cause of concern in America, US President Barack Obama on Wednesday pushed for an affordable healthcare arguing that he would not like his countrymen to travel to countries like India and Mexico for cheaper treatment.
Today the trial court has rejected bail to five accused in the 2G case. These include Sanjay Chandra, Vinod Goenka along with three Reliance ADAG executives—Gautam Doshi, Hari Nair and Surendra Pipara. However, the ADAG stocks were down in 1.5-4.5% range.
Prabhudas Lilladher is bullish on IndusInd Bank (IIB) and has recommended buy rating on the stock with a target of Rs 325 in its April 18, 2011 research report.
IIFL is bullish on Housing Development Finance Corporation (HDFC) and has recommended buy rating on the stock with a target of Rs 720 in its April 20, 2011 research report.
IIFL is bullish on Jet Airways and has recommended buy rating on the stock with a target of Rs 494 in its April 20, 2011 research report.
Firstcall Research is bullish on Surana Industries and has recommended buy rating on the stock with a target of Rs 370 in its April 19, 2011 research report.
