NMDC | Parsvnath Developers | Purvankara | SpiceJet | SAIL | Merck | Sun Pharma | Alembic | Infinite Computer | Areva T&D | Vikash Metal | Tata Steel | Reliance Infrastructure | Cairn India | Punj Lloyd | Gujarat NRE Coke and DB Realty are stocks, which are in the news today.
Alembic board meet is on March 31 to consider demerger, reports CNBC-TV18. It touched an intraday high of Rs 70.30 and an intraday low of Rs 64.65. At 15:02 hrs the share was quoting at Rs 68.65, up Rs 3.05, or 4.65%.
Lalit Thakkar, Angel Stock Broking is bullish on IVRCL Infrastructure, Housing Development and Infrastructure (HDIL), Alembic, Greenply Industries, Mphasis and Electrosteel Castings.
Karvy Stock Broking is bullish on Alembic and has recommended buy rating on the stock with a target of Rs 96 in its January 28, 2011 research report.
Alembic has reported a sales turnover of Rs 360.44 crore and a net profit of Rs 31.39 crore for the quarter ended Dec '10
Alembic has declared its third quarter results. The company's Q3 consolidated net profit was up at Rs 31 crore versus Rs 13 crore.
Angel Broking has come out with its earning estimates on the pharmaceutical sector for the quarter ended December 2010. According to the research firm, Alembic December quarter net sales are expected to go up by 7% to Rs 321 crore, Year-on-Year, (Y-o-Y) basis.
Karvy Stock Broking has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Alembic December quarter sales are expected to go up by 13.7% at Rs 341.6 crore, Year-on-Year, (YoY) basis.