- Pritish Nandy Communications Limited - Raising of FundsInter alia to consider raising of additional funds through various means...... […]
- Onelife Capital Advisors Limited - MiscelleneousTo consider and approve, inter alia, the following : (1) To...... […]
- Kinetic Motor Company Limited - Audited Financial ResultsInter-alia, to consider the following items of business: (1) To consider...... […]
- MIC Electronics Limited - Issue of Equity shares on Preferential BasisFor Further issue of Shares/ Warrants convertible into equity shares, on...... […]
- Videocon Industries Limited - Audited Financial ResultsTo inter alia, consider and take on record the Audited Financial...... […]
- Kewal Kiran Clothing Limited - Interim DividendTo inter alia consider declaration of 2nd interim dividend for the...... […]
- Sterling Biotech Limited - Audited Financial ResultsTo consider Audited Financial Results for the entire financial year ending...... […]
- Colgate Palmolive (India) Limited - Interim DividendTo consider declaration of third interim dividend for the year 2011-12....... […]
- Value Industries Limited - Audited Financial ResultsTo inter alia, consider and take on record the Audited Financial...... […]
- Strides Arcolab Limited - Results/DividendTo consider inter-alia, the audited financial results of the Company for...... […]
- Asian Hotels (North) Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Simplex Projects Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Provogue (India) Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Atcom Technologies Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- The Dhampur Sugar Mills Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Simplex Projects Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Nahar Spinning Mills Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- International Constructions Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Websol Energy System Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- PBA Infrastructure Limited- Result Declared for Third QuarterUnaudited,Non-Cumulative,Non-Consolidated result for 01-OCT-11 to 31-DEC-11 Third Quarter […]
- Positive surprise from RBI cheers the market
- 2012: Rate cut likely by the RBI
- Nov-11 IIP growth rebounds to 5.9%; Expect FY12 IIP at 3.7%
- India 2012: What does the economy indicate?
- 2012: The World Is Not Coming To An End
- Mumbai Real Estate: Crisis continues
- RBI Policy Review: End of tightening cycle likely
- Consumer Goods: Middle India to drive consumption story
- Consumer Goods: Packing off the value-for-money deal
- FY12 GDP forecast cut to 7%
- Bulk Deal: 2.00 lakhs shares of IVRCLINFRA traded on NSE, at Rs.56.00. Total deal value : Rs.1.12 crores.[…]
- Bulk Deal: 0.22 lakhs shares of ASIANPAINT traded on NSE, at Rs.3074.00. Total deal value : Rs.6.76 crores.[…]
- Bulk Deal: 2.78 lakhs shares of YESBANK traded on NSE, at Rs.345.00. Total deal value : Rs.9.59 crores.[…]
- Bulk Deal: 1.15 lakhs shares of IDFC traded on NSE, at Rs.144.00. Total deal value : Rs.1.66 crores.[…]
- Bulk Deal: 1.10 lakhs shares of IDFC traded on NSE, at Rs.144.00. Total deal value : Rs.1.58 crores.[…]
- Bulk Deal: 2.00 lakhs shares of IVRCLINFRA traded on NSE, at Rs.56.00. Total deal value : Rs.1.12 crores.[…]
- Bulk Deal: 4.00 lakhs shares of YESBANK traded on NSE, at Rs.345.50. Total deal value : Rs.13.82 crores.[…]
- Bulk Deal: 4.30 lakhs shares of IFCI traded on NSE, at Rs.45.25. Total deal value : Rs.1.95 crores.[…]
- Bulk Deal: 2.00 lakhs shares of AMTEKAUTO traded on NSE, at Rs.134.00. Total deal value : Rs.2.68 crores.[…]
- Bulk Deal: 2.01 lakhs shares of AMTEKAUTO traded on NSE, at Rs.133.50. Total deal value : Rs.2.68 crores.[…]
- Bulk Deal: 1.48 lakhs shares of AMTEKAUTO traded on NSE, at Rs.134.00. Total deal value : Rs.1.98 crores.[…]
- Bulk Deal: 2.00 lakhs shares of AMTEKAUTO traded on NSE, at Rs.134.25. Total deal value : Rs.2.69 crores.[…]
- Bulk Deal: 3.57 lakhs shares of PIDILITIND traded on NSE, at Rs.150.00. Total deal value : Rs.5.36 crores.[…]
- Bulk Deal: 1.27 lakhs shares of GITANJALI traded on NSE, at Rs.405.30. Total deal value : Rs.5.15 crores.[…]
- Bulk Deal: 1.00 lakhs shares of GITANJALI traded on NSE, at Rs.405.50. Total deal value : Rs.4.06 crores.[…]
- Bulk Deal: 1.00 lakhs shares of M&M traded on NSE, at Rs.735.00. Total deal value : Rs.7.35 crores.[…]
- Bulk Deal: 2.00 lakhs shares of AMTEKAUTO traded on NSE, at Rs.133.50. Total deal value : Rs.2.67 crores.[…]
- Bulk Deal: 2.00 lakhs shares of AMTEKAUTO traded on NSE, at Rs.133.50. Total deal value : Rs.2.67 crores.[…]
- Bulk Deal: 1.60 lakhs shares of AMTEKAUTO traded on NSE, at Rs.133.50. Total deal value : Rs.2.14 crores.[…]
- Bulk Deal: 2.00 lakhs shares of AMTEKAUTO traded on NSE, at Rs.133.40. Total deal value : Rs.2.67 crores.[…]
Tata Motors (TAMO) consolidated sales was up by 43% yoy in Q2 FY12, majorly led by strong sales performance on the JLR business. JLR volumes grew by 37% yoy to 86,322 units, while EBITDA margins were at 18% post adjusting for currency gain. Although JLR margins peaked this quarter, LKP Securities does not believe it is sustainable. However, they are confident that Evoque is not a margin dampener and hence improve their margin estimates from previous expectations to 15.5%/15.9% for JLR in FY12E /FY13E. Maintain buy
TVS Motor's volume growth has been lower than market expectations. Considering the ongoing sluggishness in demand, Reliance Securities expects the company's growth to remain moderate in near term. They expect the demand to pick up in 2HCY2012 as Reliance Securities expects the interest rates to ease from April 2012 and positively
impact the demand with a lag of 3-6 months. Thus, they expect the company to report a healthy volume growth of 12% in FY2013E. Maintain buy
On 6 Feb 2012, Legrand France SA agreed to buy UPS biz from the company for a consideration of Rs 8065 mn. This is pure asset play. Based on recent divestiture, there is an upside valuation of 165%. Investors are recommended to buy the stock for a price target of Rs773.2
Q3FY12 EBIDTA was impacted by HBR merger which has a seasonally lean period in Oct-Mar while higher interest expense took its toll on PAT. However, the impact would reverse from FY13 upon full year consolidation. C&K would drive synergies on both revenue and cost fronts through group buying. Expect consolidated margin, return ratios to improve as HBR is fully integrated; valuations at 8.4x EV/E appears attractive. Maintain buy
It was second straight day gain for markets, with the Sensex closing 139 points up and the Nifty up by 43 points
Headlines for the day
Kingfisher Airlines tumbles on flight cancellations
RIL rises on likely petrochemicals JV announcement
BHEL surges as cabinet plans to approve 19% import duty
ONGC rises as foreign investors may buy 5% stake
Jan consumer price inflation at 7.65%
FOR MORE - CLICK HERE »
Headlines for the day
Kingfisher Airlines tumbles on flight cancellations
RIL rises on likely petrochemicals JV announcement
BHEL surges as cabinet plans to approve 19% import duty
ONGC rises as foreign investors may buy 5% stake
Jan consumer price inflation at 7.65%
FOR MORE - CLICK HERE »
Multi Commodity Exchange of India (MCX) started its operations in November 2003 as an online commodity futures exchange. It provides nationwide online trading, clearing and settlement operations of commodities future transactions. The transaction fees paid by members for execution of trades are the primary source of income for MCX.
As on December 2011, the company offered trading in 49 commodity futures, based on contract specifications from a diverse range of classes including bullion, ferrous and non ferrous metals, energy and agriculture. As on December 2011, MCX had 2,153 members on exchange platform with over 2,96,000 terminals spread over 1,572 cities and towns in India.
FOR MORE - CLICK HERE »
As on December 2011, the company offered trading in 49 commodity futures, based on contract specifications from a diverse range of classes including bullion, ferrous and non ferrous metals, energy and agriculture. As on December 2011, MCX had 2,153 members on exchange platform with over 2,96,000 terminals spread over 1,572 cities and towns in India.
FOR MORE - CLICK HERE »
Key benchmark indices edged higher for the second straight day as index heavyweight Reliance Industries (RIL) jumped nearly 3% on buzz of a likely petrochemicals joint venture announcement by the company at a news conference later today, 21 February 2012. The barometer index, BSE Sensex, attained its highest closing level in almost 30 weeks. The 50-unit S&P CNX Nifty scaled its highest closing level in more than 30 weeks. Data showing sustained buying of Indian stocks by foreign funds underpinned sentiment. The Sensex advanced 139.26 points or 0.76%, off about 40 points from the day's high and up about 135 points from the day's low. The market breadth was positive. BSE Small-Cap and Mid-Cap indices outperformed the Sensex.
Data showing sustained buying of Indian stocks by foreign funds underpinned sentiment. Foreign institutional investors (FIIs) bought shares worth a net Rs 536.49 crore on Friday, 17 February 2012, as per provisional data from the stock exchanges. FIIs have bought shares worth a net Rs 12149.25 crore in this month so far (17 February 2012), as per provisional data from the stock exchanges. The inflow this month comes on the top of heavy purchases last month. FIIs bought shares worth a net Rs 10357.70 crore in January 2012, as per data from Securities & Exchange Board of India (Sebi).
FOR MORE - CLICK HERE »
Data showing sustained buying of Indian stocks by foreign funds underpinned sentiment. Foreign institutional investors (FIIs) bought shares worth a net Rs 536.49 crore on Friday, 17 February 2012, as per provisional data from the stock exchanges. FIIs have bought shares worth a net Rs 12149.25 crore in this month so far (17 February 2012), as per provisional data from the stock exchanges. The inflow this month comes on the top of heavy purchases last month. FIIs bought shares worth a net Rs 10357.70 crore in January 2012, as per data from Securities & Exchange Board of India (Sebi).
FOR MORE - CLICK HERE »
5631.25 -6.25 (-0.11%)
- MCX IPO subscribed 91% on first day; gets bids worth Rs 500 crThe bidding began this morning for the MCX offer, which also happens to be the first IPO of the year 2012, and would continue till February 24. […]
- MCX IPO subscribed 91% on fist day; gets bids worth Rs 500 crThe bidding began this morning for the MCX offer, which also happens to be the first IPO of the year 2012, and would continue till February 24. […]
- SBI shares plunge 8% on Kingfisher exposure concernsShares of State Bank of India plunged sharply by over 8 per cent on Wednesday, on concerns about its exposure to Kingfisher Airlines. […]
- Nifty falls 102 points ahead of February series expiryNifty snapped its two-day winning streak and closed in deep red as traders squared off long positions ahead of February F&O series expiry. […]
- Markets going through consolidation: AnalystsThe BSE Sensex corrected sharply on Wednesday as traders squared off positions ahead of February F&O expiry series. […]
- 'Only 25% of engg grads are employable'Kiran Karnik has slammed the Indian education system for failing to help students. […]
- Govt notifies direct import of jet fuelAir carriers, interested in importing ATF instead of buying from local refiners, would have to apply to DGFT. […]
- Economic confidence index: India at 4thIndia is facing series of interconnected crises as indicated by sharp decline in economic growth. […]
- Fuming Chetan Bhagat slams KingfisherA 'flightless' Chetan Bhagat suggested other airlines should take over Kingfisher. […]
- '20% redemption-due FCCBs to default'About one-fifth of the $7 bn worth FCCBs are threatened by default, Fitch said. […]
- Stocks struggle amid Greek deal cautionRisk appetite blunted by lacklustre economic activity data from the eurozone and China, and doubts over Athens’ ability to enact reforms […]
- A fearless figure in the world’s war zonesMarie Colvin overcame the loss of an eye and other injuries to report from the world’s war zones for more than two decades […]
- UniCredit wins dismissal in Madoff caseA US district judge threw out racketeering charges that alleged the bank participated in a scheme to attract investor money to Ponzi scheme […]
- South Korea offers fresh talks to NorthOn the eve of nuclear talks between the US and North Korea, Seoul’s Lee Myung-bak says Pyongyang ‘faces a good opportunity for change’ […]
- PMI data show eurozone closer to recessionThe unexpected weakness of the purchasing managers’ indices highlights the 17-nation bloc’s fragility in the wake of its debt crisis […]
- FY13 gold imports may fall 35%: govt panelEasing inflation and a revival in sock markets could dent gold imports, pushing shipments down by about 35% in value terms in 2012-13, a government panel said on Wednesday. […]
- MCX IPO subscribed 91% on Day 1The initial public offer (IPO) of top commodity bourse Multi Commodity Exchange (MCX) was subscribed 91% on its first day today, as the first-ever IPO by an Indian bourse witnessed robust demand from retail as well as institutional investors. […]
- DIIs net sell Rs 1,333cr, FIIs net buy Rs 830rDomestic institutional investors (DIIs) were net sellers of Rs 1,332.90 crore (provisional) today, according to data released by BSE. […]
- SBI shares plunge 8% on Kingfisher loanShares of State Bank of India (SBI) plunged sharply by over 8% today, on concerns about its exposure to Kingfisher Airlines and reports about public sector lender giving fresh loans to the debt-ridden carrier. […]
- Oil swoops back onto recovering investors' radarThe Iranian nuclear row and related oil price jump appear to have swooped back onto the radar for global investors just as Western credit woes seem to be easing - but energy risks may well now be an ever-present menace. […]
- Sensex falls 283 points on profit bookingThe Indian markets broke two-day rise and closed on a weak note. The Sensex fell 283 points and the Nifty down 102 points […]
- Agre Developers, arm sells 20% stake in Gupta InfraAgre Properties & Services subsidiary of Agre Developers has sells its 20% stake in Gupta Infrastructure (India) Pvt Ltd for Rs29.87 cr […]
- Tata Motors plans to launch showrooms for NanoTata Motors plans to launch 230 showrooms for its cheapest Nano car in the next 12 months […]
- Sensex plunges 285 points provisionallySensex tumbles 1.54% to close at 18144 (provisional), while the Nifty slides 1.82% to close at 5505 (provisional) […]
- Market remains weak; Sensex down over 200 pointsNegative opening of the European equities further weighed on the sentiments. Weakness in sectors like realty, consumer durables, bankex, metal, power and PSU dragged the markets […]
- BSE launches green indexThe Bombay Stock Exchange launched India's first carbon efficient index on Wednesday, aiming to provide a benchmark for socially aware investors […]
- Banking stocks decline on profit takingBanking shares fall by 1.70% to 5.27% on profit taking after recent strong gains […]
- Punjab MSMEs looks forward for incentivesAhead of next month's Union Budget, the micro, small and medium enterprises in Punjab are looking forward to incentives and proactive steps from the central government […]
- Jubilant Life arm secures contract worth $90 mn; stk upJubilant Life gains over 9% to hit monthly high of Rs211, after the company said its subsidiary Jubilant HollisterStier secured contracts worth of $90 million […]
- India’s GDP to grow at 7.1% in FY12: RangarajanIndia's economy is expected to grow an annual 7.1% in the current financial year that ends in March, and 7.5 to 8% in the next financial year, C. Rangarajan said […]
- Market stays in red amid volatilityThe Indian markets are trading with losses amid volatility. SBI, ICICI Bank, L&T, HDFC, Bharti Airtel, Jindal Steel, Sterlite Industries are the major heavyweight losers […]
- RBI looks for strong policies in Budget to check deficitThe Reserve Bank of India (RBI) would look for strong and credible steps in the 2012-13 Budget to check the deficit and a huge subsidy bill […]
- Sesa Goa to merge with Sterlite IndustriesThe Vedanta Resources group may merge iron ore firm Sesa Goa with copper and aluminium maker Sterlite Industries […]
- DCB falls on fixing QIP floor price at discountDCB slips over 4% to Rs51, after the bank said its board of directors approved raising of capital by issue of up to 7 crore fresh equity shares on preferential basis […]
- Deposits in foreign banks may attract wealth taxThe finance ministry has said that Deposits in banks located outside the country may attract wealth tax, as part of government's drive to unearth black money […]
- Allahabad Bank to consider pref shares issue todayAllahabad Bank is going to consider issue of equity shares on preferential basis today, reports CNBC-TV18. […]
- Lanco Infra in talks to part sell in power biz; stk downLanco Infratech is in talks with 2 firms to part sell in its power business, reports Business Standard. […]
- ILandFS Investment moves up smartlyILandFS Investment Managers may buy out Hershey's 51% stake in its JV with the Godrej Group, reports The Economic Times. […]
- DCB QIP issue to open on Feb 27; stock slipsDevelopment Credit Bank (DCB) QIP issue is going to open on February 27. The floor price for the issue is at Rs 47.84 per share, reports CNBC-TV18. […]
- MIC Electronics to consider further issue of pref sharesMIC Electronics will consider further issue of preferential shares on February 27, reports CNBC-TV18. […]
- Jubilant Life arm gets 4 orders worth $90 mn; stock up 5%Jubilant Life Sciences arm has got 4 orders worth USD 90 million, reports CNBC-TV18. […]
- Tata Comm to announce biggest partnership; stock rises 5%Tata Communications will announce the biggest partnership to date tomorrow, reports CNBC-TV18. […]
- RIL signs JV with Russian Petchem firm; stock flatReliance Industries (RIL) has signed joint venture with Russian Petchem firm Sibur for a rubber facility with 1 lakh tonnes capacity, reports CNBC-TV18. […]
- KFA flies higher on a likely Rs 1000 cr infusion from SBIKingfisher Airlines climbed 3% on news that its lenders might infuse Rs 1000 crore equity infusion into the ailing company. Though, there has been no official announcement on the same, sources say the development is likely by March. […]
- EGoM likely to consider disinvestment in ONGC on Feb 24The Empowered Group of Ministers (EGoM) is likely to consider disinvestment in Oil and Natural Gas Corporation (ONGC) on February 24, reports CNBC-TV18. […]