CESC on Tuesday says New Rising Promoters Private Limited, a CESC subsidiary, has won the bid floated by The Board of Control for Cricket in India for acquiring rights and obligations to operate Pune franchise of the Indian Premier League.
In an interview with CNBC-TV18, Sanjiv Goenka, Chairman of CESC says that the company will not remain the group's subsidiary for a long time.
The company had posted a net profit of Rs 12.64 crore for 2014-15 as against a massive loss of Rs 86.60 crore in the year before.
Company's last quarter showed a poor bottom-line because of write-down of Rs 12 crore of stock loss due to drop in oil price.
Phillips Carbon Black (PCBL) is becoming more competitive vis-a-vis CBO-based Chinese players due to lower crude oil prices, expect healthy volume growth over FY15- 17. We forecast CB volumes to grow at 6% CAGR over FY15-17, says CRISIL Research.
Here are top 10 stocks to keep an eye on January 23 - ICICI Bank, Axis Bank, Cairn India, Prestige Estates, Biocon, Ipca Labs, Polaris, Phillips Carbon, Mahindra Holidays and HCL Infosystems.
BHEL | Cairn India | NALCO | IOC | Igarashi Motors | Mahindra Holidays | Polaris | Agro Tech Foods | Zuari Agro Chemicals | Entertainment Network India | Rico Auto | Polaris | VST Industries | Tata Metaliks | Biocon | Phillips Carbon | Trent | SpiceJet and Insecticides India are stocks, which are in the news today.
The company‘s net sales were up 8.3 percent at Rs 606.6 crore versus Rs 560 crore, Y-o-Y.
Rajesh Agarwal, Director-Research at Eastern Financiers Limited is of the view that one may prefer HPCL and Oil India with short-term to medium-term perspective.
BNK Capital Market was set up in 1986 and started as a leasing and finance company. It is a non-banking finance company (NBFC) engaged in investment banking, corporate finance and advisory services.
The company‘s net sales were up 10 percent at Rs 659 crore versus Rs 596.3 crore, Y-o-Y.
Hemen Kapadia of KR Choksey Securities is of the view that one may prefer Larsen and Toubro with medium-term to longer-term view.
CRISIL Research has come out with its report on Phillips Carbon Black. The research firm has maintained the fundamental grade to 3/5 to the company.
The company has nearly 24.9 lakh shares of CESC which are valued at around Rs 115 crore.
Phillips Carbon Black has reported a standalone sales turnover of Rs 560.43 crore and a net loss of Rs 15.48 crore for the quarter ended Dec '13
Phillips Carbon Black has reported a standalone sales turnover of Rs 596.54 crore and a net loss of Rs 21.36 crore for the quarter ended Sep '13
CRISIL Research has come out with its report on Phillips Carbon Black. The research firm has cut the fair value of the company from Rs 140 to Rs 57 per share after factoring in lower profitability of PCBL due to expected increase in competition.
Phillips Carbon Black has reported a standalone sales turnover of Rs 526.35 crore and a net loss of Rs 51.79 crore for the quarter ended Jun '13
Nirmal Bang is bullish on Phillips Carbon Black (PCB) and has recommended buy rating on the stock with a price target of Rs 102, in its May 31, 2013 research report.
Phillips Carbon Black has reported a sales standalone turnover of Rs 545.48 crore and a net profit of Rs 0.76 crore for the quarter ended Dec '12
Broking firm Nirmal Bang is bullish on the following stocks and recommends investors to keep them on their buy list for 2013.
CRISIL Research has come out with its report on Phillips Carbon Black (PCBL). According to the research firm, to protect the domestic carbon black manufacturers, the government has imposed a safeguard duty on Chinese imports, applicable between October 5, 2012 and December 31, 2013.
Phillips Carbon Black, expansion of its power business along with focus on exports will help the company to report better performance in the coming times.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy.
Nirmal Bang is bullish on Phillips Carbon Black and has recommended buy rating on the stock with a target of Rs 145 in its October 11, 2012 research report.