Rakesh Bansal of RK Global is of the view that one may buy Bharat Forge with a target of Rs 1197.
Speaking to CNBC-TV18, KK Singh, Chairman and Managing Director of Rolta India, said a conscious decision to decline contracts for third party-based projects had contributed to a flattish third quarter.
Payment delays by the government have led to a severe liquidity crisis at IT firm Rolta India, international ratings agency Fitch said on June 16
Fitch has downgraded Rolta India to 'RD' (Restricted Default), which indicates that in the rating agency's opinion the issuer has experienced an uncured payment default on its financial obligations but which has not entered into bankruptcy filings and not ceased operating.
Rolta India has reported a consolidated total income from operations of Rs 980.56 crore and a net profit of Rs 46.87 crore for the quarter ended Dec '15
Rolta India has reported a consolidated total income from operations of Rs 989.59 crore and a net profit of Rs 42.31 crore for the quarter ended Sep '15
Rolta India has reported a consolidated total income from operations of Rs 983.40 crore and a net profit of Rs 40.72 crore for the quarter ended Jun '15
Rolta India has reported a consolidated total income from operations of Rs 946.14 crore and a net profit of Rs 36.01 crore for the quarter ended Mar '15
This came just after the day when Rolta denied allegations made by short-seller Glaucus Research about fabricated capital expenditures.
Rolta India has reported a consolidated total income from operations of Rs 966.75 crore and a net profit of Rs 76.56 crore for the quarter ended Dec '14
Rolta India has reported a consolidated total income from operations of Rs 885.79 crore and a net profit of Rs 70.80 crore for the quarter ended Sep '14
Rolta India has reported a consolidated sales turnover of Rs 759.17 crore and a net profit of Rs 74.61 crore for the quarter ended Dec '13
Rolta to integrate industry solutions with SAP HANA and other platform technology.
Tech Mahindra, Nestle India and Yes Bank - three Indian counters that are now a part of the MSCI Global Standard Indices.
Rolta India has reported a consolidated sales turnover of Rs 627.77 crore and a net profit of Rs 70.26 crore for the quarter ended Sep '13
Saurabh Mittal of Swadeshi Credits advises buying Dena Bank with a target price of Rs 52 and Rolta with a target price of Rs 61.