On February 10, 2011 HINDUSTAN COMPOSITES LTD BUYBACK OF EQUITY SHARES ACCOUNT bought 120,647 shares of at Rs 544.75 on the BSE. Yesterday the share closed at Rs 527.25.
On February 10, 2011 JMP SECURITIES PVT LTD bought 320,372 shares of Ester Industries at Rs 43.91 on the BSE. Yesterday the share closed at Rs 44.30.
Apollo Tyres has reported a consolidated net profit of Rs 120.4 crore for the quarter ended December 2010 as against Rs 187.4 crore in same period the previous year.
On February 10, 2011 BLACKSTONE ASIA ADVISORS L.L.C. A/C THE INDIA FUND INC sold 1,146,650 shares of DCB at Rs 39.63 on the NSE. Yesterday the share closed at Rs 39.70.
PINC Research has recommended hold rating on Patni Computer Systems with a target of Rs 480, in its February 11, 2011 research report.
Apollo Hospital has reported a net profit of Rs 45.8 crore for the quarter ended December 2010 as against Rs 43.9 crore in same quarter the previous year.
Mumbai based realty firm HDIL has reported a net profit of Rs 252 crore for the quarter ended December 2010 as against Rs 162 crore in same quarter the previous year.
ICICIdirect.com has come out with a report on leveraged stocks. The research firm says, Aban Offshore, Bajaj Hindusthan, IDFC, Vijaya Bank are some of the stocks vulnerable to a further fall if the downtrend continues.
Aditya Birla Nuvo has reported a consolidated net profit of Rs 274 crore for the quarter ended December 2010 as against Rs 8 crore in same period the previous year.
Sundram Fasteners has reported a net profit of Rs 28 crore for the quarter ended December 2010, up 31% as compared to Rs 21.4 crore in same quarter the previous year.
Nitin Fire Protection has reported a consolidated net profit of Rs 19.3 crore for the quarter ended December 2010, up 38% as compared to Rs 14 crore in same period the previous year.
Jaiprakash Associates has continued to rise. It touched an intraday high of Rs 78.95 and an intraday low of Rs 73.05. At 14:21 hrs the share was quoting at Rs 78.80, up Rs 2.65, or 3.48%.
Banking major HSBC India today said that it has upped its resident fixed deposit rates by 0.5% to 0.75% on select maturities.
Singapore-based infrastructure group Sembcorp Industries has invested Rs 364 crore as the first tranche of its total commitment of Rs 1,042 crore for picking 49% stake in Thermal Powertech Corporation India Ltd.
Infrastructure Development Finance Company (IDFC) has raised around Rs 765 crore through its second tranche of tax infra-free bonds issue, according to an official familiar with the development.
Prabhudas Lilladher is bullish on Gujarat Pipavav Port (GPPV) and has recommended accumulate rating on the stock with a target of Rs 65 in its February 10, 2011 research report.
Housing Development Finance Corporation (HDFC) touched an intraday high of Rs 617.90 and an intraday low of Rs 598. At 14:15 hrs the share was quoting at Rs 614.50, up Rs 17.20, or 2.88%.
Education solutions provider Educomp Solutions has reported a consolidated net profit of Rs 96.7 crore for the quarter ended December 2010, up 58% as compared to Rs 61.2 crore in same period the previous year.
Indotech Transformers has reported a net loss of Rs 6.6 crore in the quarter ended December 201 as against Rs 18 lakh in same period the previous year.
Shree Renuka Sugars has reported a consolidated net profit of Rs 66.4 crore for the quarter ended December 2010 as against Rs 261 crore in same quarter the previous year.
Shahzaad Dalal, vice chairman of IL&FS Investment Managers Ltd (IIML) has resigned as an independent director on the board of DB Realty.
KRChoksey has recommended hold rating on Patni Computer Systems with a target of Rs 479, in its February 10, 2011 research report.
Sesa Goa touched an intraday high of Rs 294 and an intraday low of Rs 280.90. At 13:56 hrs the share was quoting at Rs 284.30, down Rs 10.30, or 3.50%.
Bharat Petroleum Corporation (BPCL) was the top loser on the Nifty. It touched an intraday high of Rs 585.00 and an intraday low of Rs 547.30. At 14:06 hrs the share was quoting at Rs 561.20, down Rs 24.35, or 4.16%.
Infrastructure Development Finance Company (IDFC) touched an intraday high of Rs 135 and an intraday low of Rs 126.85. At 14:04 hrs the share was quoting at Rs 134.45, up Rs 8.55, or 6.79% on the NSE.