Here's how small cap stocks opened on January 16
Market regulator Sebi on Monday barred an entity from dealing in the securities market for three months and asked it to pay Rs 7.62 crore for irregularities in the IPOs of IDFC, Sasken Communication and Suzlon Energy.
Today HDIL cracked 13 per cent and was among the top real estate losers. In an interview to CNBC-TV18, SP Tulsian of sptulsian.com said that he has been seeing the profit booking in all the real estate stocks.
Bangalore-based Sasken Communication Technologies' third quarter consolidated net profit jumped to about Rs 11 crore from Rs 0.24 crore in the second quarter, sending its shares surging over 10 percent. The net profit, however, is down 44 percent year-on-year.
Unitech | ONGC | Wyeth | Sun Pharma | Marico | SRF | Sasken Communication | Tata Metaliks and Union Bank of India are stocks, which are in the news today.
Sasken Communication has announced its first quarter FY12 results. The company's Q1FY12 consolidated net sales were down 11% at Rs 130 crore versus Rs 146 crore, YoY.
Sasken Communication is to announce its first quarter results. According to CNBC-TV18's estimates, the company's consolidated Q1FY12 revenues are seen up 1.2% at Rs 130.02 crore versus Rs 128.46 crore, quarter-on-quarter, QoQ.
Sasken Communication revised forward the closing date of its ongoing equity shares buyback program to May 26 from Oct 20 earlier, the company said in press release to the stock exchanges Monday.
Sushil Finance has maintained neutral rating on Sasken Communication, in its April 30, 2011 research report.