In an interview to CNBC-TV18, Bibhu Prasad Rath, President & CEO of Ortel Communications spoke about the Q1 results and his outlook for the company.
Ashwani Gujral of ashwanigujral.com suggests buying Shriram Transport Finance Corporation, UltraTech Cement and State Bank of India.
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On a sequential basis the total income increased to Rs 53.7 crore, from Rs 52.4 crore, up by 2.5 percent, EBITDA increased 22.8 percent and stood at Rs 17.1 crore and EBITDA margins increased to 31.5 percent against 26.3 percent in Q1FY17.
ITC | HUL | HDFC | Hero Motocorp | Bharti Airtel | Axis Bank | Ashok Leyland | Asian Paints | Shemaroo | IFB Agro | IDFC Bank | KSB Pumps | MCX | State Bank Of Mysore | Crompton Consumer | Bharat Bijlee and PI Industries are stocks, which are in the news today.
Most of the growth comes from acquisitions, says Bibhu Prasad Rath, CEO of the company. The target is to achieve 1 million subscribers by this fiscal.
Ortel Communications has reported a standalone standalone total income from operations of Rs 52.42 crore and a net profit of Rs 0.86 crore for the quarter ended Jun '16
ICICI Bank | Ultratech Cement | Reliance Infrastructure | SAIL | Eicher Motors | Muthoot Finance | L&T Infotech | Ador Welding | Kirloskar Ferrous | Gujarat Alkalies | Deep Industries | GSFC | TNPL | KCP Sugar | Ortel Communications and De Nora India are stocks, which are in the news today.
Doubling subscriber base and last-mile connectivity model will ensure revenue flows to Ortel Communication's topline, bottomline and EBIDTA, says President and Chief Executive Bibhu Prasad Rath.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today.
In an interview to CNBC-TV18, Manoj Behera, Assistant Vice President-Research for Media & Telecom at PhillipCapital shared his readings and outlook on Zee Entertainment Enterprises and Ortel Communications.
Ortel Communications has reported a standalone standalone total income from operations of Rs 48.03 crore and a net profit of Rs 3.89 crore for the quarter ended Dec '15
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Larsen and Toubro | Lupin | JSPL | Rohit Ferro-Tech | HCL Infosystems | Ajmera Realty | Sterlite Technologies | BPCL | L&T Finance Holdings | IOC | HPCL | Saregama | Ortel Communications | V-Mart Retail | Adavanta | Cairn | Aurobindo Pharma | Educomp Solutions | Reliance Infrastructure | NBCC and Titan are stocks, which are in the news today.
This year, 18 companies that have so far launched IPOs have collectively raised nearly Rs 11,000 crore, making it the best in four years in terms of fund raising through initial hare sale programmes.
It is boom time in the IPO market with companies queuing with their public offers, but it is largely institutional investors who are taking the bait while retail investors and HNIs still appear to be cagey.
Ortel Communications is a leading cable television and high-speed broadband services provider focussed on Odisha, Chhattisgarh, Andhra Pradesh, Madhya Pradesh and West Bengal.
Ortel Communications has reported a standalone standalone total income from operations of Rs 45.79 crore and a net profit of Rs 2.83 crore for the quarter ended Sep '15
The broadband and cable average revenue per user were stable in the quarter, said Bibhu Prasad Rath, President & CEO, Ortel Communication.
Stocks that are in limelight are: Hero Motocorp, ACC, Federal Bank, Everest Industries, Container Corporation of India, Yes Bank, Ortel Communications, MphasiS, Tata Global Beverage, Motherson Sumi Systems.
Hero Motocorp | ACC | Nestle India | Bharti Airtel | Reliance Communications | Motilal Oswal | Infosys | Parsvnath Developers | Yes Bank | TCS | Hindusthan Safety Glass | Ortel Comm | Shriram Transport | Welspun Corp | Biocon | Syngene International | Container Corporation and Federal Bank are stocks, which are in the news today.
In an interview with CNBC-TV18, Prasad said the company is staring at a major opportunity arising from the conversion of its customers, three-fourths of whom still use the analog network.
On July 20, 2015 Kotak Mahindra Bank Limited sold 11,82,300 shares of Ortel Communications at Rs 190.03.