Feb 29, 2012 10:07 AM IST
Orchid Chemicals and Pharmaceuticals expects its sales will grow at a slower 20% than the 25% it had seen earlier.
- Feb 02, 2012 11:43 AM IST
Maruti Suzuki, India's largest passenger car maker, targets a double digit sales growth in 2012-13 (April-March), helped by new launches and increased supply of diesel vehicles, coupled with the low base in 2011-12.
- Jan 13, 2012 02:05 PM IST
The Infosys shock of a flat fourth quarter guidance and a cut in current fiscal US dollar revenue growth on Thursday, has prompted many analysts to cut their fiscal 2013 revenue forecasts.
- Jan 12, 2012 03:40 PM IST
Technology bellwether Infosys reported a better-than-expected results for the third quarter, but disappointed the street with a flattish guidance for the fourth quarter and a cut in US dollar revenue forecast for the full year.
- Jan 12, 2012 09:17 AM IST
Infosys touched an intraday high of Rs 2,744 and an intraday low of Rs 2,642.90. At 09:16 hrs the share was quoting at Rs 2,652.65, down Rs 173.35, or 6.13%.
- Dec 15, 2011 02:50 PM IST
With nearly half of total revenues coming from exports, the recent sharp deprecation in rupee spells good news the pharma sector. The rupee has depreciated against the US dollar in recent months. It even breached the 54 mark against the US dollar on Thursday and was trading around Rs 54.18 in afternoon session.
- Dec 07, 2011 03:54 PM IST
L&T's construction division has bagged orders worth Rs 2,700 crore in October and November 2011. SN Subrahmanyan, Whole-time Director and Senior Executive VP at L&T said that these orders have been secured across all the four segments of the construction division. Moreover, Subrahmanyan maintain the 5% order inflow growth guidance for FY12.
- Dec 01, 2011 09:50 AM IST
Madhav Nadkarni, chief financial officer of Unity Infraprojects is sure of acquiring 20-25% growth for entire FY12 and 25-30% growth for FY13. Moreover, he targets around Rs 5,000 crore fresh orders during this financial year, which would contribute to the 25% growth for FY13.
- Nov 24, 2011 12:40 PM IST
Undoubtedly Indian market is going through one of the most troubled times. The weak-hearted lose confidence easily but there are still some pining hopes on it. Puneet Nanda of ICICI Prudential Life Insurance is optimistic on the market.
- Nov 04, 2011 04:22 PM IST
Marico posted its second quarter FY12 numbers. Chief of finance, human resource and strategy Milind Sarwate told CNBC-TV18 that the margins would remain under pressure in short-term. Moreover, he indicated that the company expects to sustain double-digit volume growth for FY12.
- Nov 04, 2011 12:45 PM IST
For the third quarter calendar year 2011, iGate's revenue was up 56% at USD 265.7 million versus USD 170.4 million QoQ. CEO Phaneesh Murthy indicated that the front-end operations of iGate and Patni have been integrated now. However, in an interview to CNBC-TV18, he said that Patni will probably be delisted over the next few quarters.
- Nov 02, 2011 11:52 AM IST
Executive director and chief executive officer, Prashant Panday said that Q2 is traditionally the worst quarter of the year, yet they managed to grow about 2%. He indicated that the Phase III bidding might begin from March-April in 2012. He sees no downside to volumes, but indicated that pricing will remains a key variable.
- Oct 31, 2011 11:46 AM IST
Maruti Suzuki disappointed the street with much lower than expected second quarter results; the stock slid over 5% early on Monday as investors went for the exit.
- Oct 25, 2011 03:01 PM IST
Department store operator Shoppers Stop is expecting a sparkling Diwali and sees like-to-like sales growth in high single digits this fiscal, helped by pickup in volumes.
- Oct 25, 2011 02:16 PM IST
Sasken saw an improved performance, both on topline as well as EBITDA. According to Rajiv Mody, chairman and chief executive officer, it has been a decent quarter. He expects to see solid demand, primarily form the semiconductor and handsets business led by Android operating system.
- Oct 25, 2011 12:53 PM IST
BC Tripathi, chairman and managing director of Gail expects to maintain transmission volumes at 120 mmscmd. However, Tripathi feels that the FY12 subsidy will be 5-10% higher than in FY11. The upstream subsidy is expected to be at 33% in FY12, he added.
- Oct 25, 2011 12:09 PM IST
HT Media announced its second quarter FY12 results. Rajiv Verma, chief executive officer of the company expects sluggish ad environment to continue in the second half of FY12. Moreover, he told CNBC-TV18 in an interview that advertising appears stronger in vernacular markets than the metros.
- Oct 21, 2011 11:43 AM IST
Bajaj Auto shares recovered on Friday, rising 1.4% at Rs 1,635.75 on NSE, after getting thumbs down by the street on Thursday following a mixed results announcement for July-September.
- Oct 19, 2011 04:08 PM IST
Crompton Greaves announced its second quarter FY 12 results. The Crompton Greaves numbers are in line with our expectations, said Shailesh Kanani, research analyst of Angel Broking to CNBC-TV18 in an interview. According to him, the main problem for the company is on the margin front. Angel Broking maintains a neutral rating on the stock.
- Oct 18, 2011 04:04 PM IST
Zee Entertainment announced its second quarter results for FY12. Atul Das, president of corporate strategy and business development doesn't see any signs of normalcy in the advertising trends in the third quarter of FY12. Moreover, he feels that it would be difficult to achieve double digit advertising in FY12.
- Oct 12, 2011 02:00 PM IST
It took a beating over a disappointing first quarter and then uncertain global economic environment. However, Infosys shares have seen good momentum over the last one month rising over 15% as the rupee has depreciated.
- Oct 07, 2011 10:00 AM IST
India's economic growth is likely to remain below 8% in the coming quarters owing to aggressive monetary tightening and worsening global prospects, Citigroup said in a research report.
- Oct 04, 2011 02:35 PM IST
Abhaya Kumar, managing director of Shasun Pharmaceuticals expects the company's topline to grow 40-50% in FY12. He told CNBC-TV18 in an interview that their confirmed orders for third and fourth quarter are very strong.
- Aug 29, 2011 08:39 PM IST
Bangalore-based brigade developers are looking to raise project-specific debt. These funds will be deployed into the 10 million square feet of new launches that the company is planning for FY12.
- Aug 16, 2011 01:47 PM IST
FMCG company Emami announced its first quarter results for FY12. Executive director Mohan Goenka told CNBC-TV18 that they have been planning to consolidate all their real estate companies into one company. The company expects a growth of about 25% in their manufacturing units.