Thursday, February 24, 2011

Market Report


Bata India Q4 net profit at Rs 88.37 cr; stock up
Confidence Petro bags LPG bottling contract; stock up
ABB reports net profit of Rs 6.76 cr; stock up
Madhucon Projects bags order worth Rs 1200 crore
Gammon India wins orders worth Rs1,980.30 crore from Chennai Metro Rail
Larsen & Toubro becomes first Indian valve maker to secure ASME ‘N’ and  ‘NPT’ Certification
MindTree wins two IT deals worth $70 million
Bharti launches Europe-India gateway cable
Pratibha Inds secures contract for development of educational institute for  Taleem Research Foundation
SKF India jacks up capex to Rs 160 crore
Exelon Infra enters into power sector to set up a coal based 350MW thermal  power plant
Saudi Arabia's Al Qahtani Sons Group & Indian SledgeHammer Oil Tools firms sign mega deal; more in line
Shriram Capital,ABG Shipyard, Reliance Broadcast get FDI nod
Singapore's GIC, Bain Cap to invest Rs 4500cr in Hero Group
ABB Q4 net dives, shares up on delisting talk

Tuesday, February 22, 2011

Market Report


Punj Lloyd bags order worth Rs 735 crore
SAIL chalks out plans for four overseas plants worth $12 billion
RBNL's 92.7 BIG FM inks strategic sales and marketing alliance with Bhutan's  HIGH FM
Allied Digital Services approves buyback of 20 lakh share
JMD Telefilms to enter in mobile handset devices industry
Nitesh Estates signs joint development agreement for commercial mall at  Bangalore
BP to buy 30% stake in RIL's 23 oil & gas blocks for $7.2 bn
Amtek Auto raises 1.3 bln rupees via pref allotment
Navtex renews contract with Mahindra Satyam BPO for 2 years
HCL launches ACE SmartCare solution in Orlando

Monday, February 21, 2011

Investment Call

BUY LICHSGFIN @  190

Tuesday, February 15, 2011

Market Report


Natco Pharma Q3 net profit down at Rs 12.4 cr
GSK Pharma Q4 net profit up at Rs 116 cr
Reliance Power Q3 consolidated net up 7% to Rs143.61 cr
ILFS Investment Managers Q3 net flat
Micro Technologies raises Rs 20 Cr from HT Media
Gitanjali Gems Oct-Dec consol net 1.01 billion rupees
Rel Infra to buy back Rs 1,000 cr worth shares at Rs 725/piece
L&T bags Rs1,100 cr power plant order from Gujarat Electricity
GlaxoSmithKline Pharma full-year net up at Rs560 cr
Tata, Lockheed Martin tie-up to make aerostructures in India
Hindalco’s Q3 net profit up by 8% to Rs460 crore
Den Networks Q3 net profit up 19%
Triveni Q1 net dips to Rs23.92 crore
Reliance Infra Q3 net up 10.16 % to Rs405.25 crore
Reliance Communications Q3 net down 57%, beats forecast
Coal India Q3 cons net profit at Rs 2,626 cr
Voltamp Transformers Q3 net profit up at Rs 12.8 cr
Tata Power Q3 net profit up at Rs 154 cr
Parsvnath Developers Q3 net profit up 24% at Rs 31 cr
Tulip Telecom Q3 net profit up at Rs 81.6 cr
Deccan Chronicle Q3 net profit down at Rs 35.2 cr
Mahindra Composites approves rights issue
Tulip to exit Qualcomm broadband venture with co
TDSAT asks Uninor to pay Rs3.8 crore penalty

Monday, February 14, 2011

Market Report



SBI raises lending, deposit rates

BLACKSTONE ASIA sells 11.46 Lk shares of DCB
JMP SECURITIES buys 3.20 Lk shares of Ester Industries
HINDUSTAN COMPOSITES LTD buys 1.20 shares of Hind Compo
Tata Motors Q3 net soars to Rs 2,420 cr, shares up 3.8%
India Tourism Development Corp reports net loss of Rs12.40 crore in Q3
Punj Lloyd signs deal with GECI International
Bombay Dyeing Q3 net at Rs67 lakh
Piramal Health Q3 cons net profit at Rs 60 cr
Kingfisher Airlines Q3 net loss at Rs 254 cr
Varun Shipping Q3 net profit at Rs 12 cr
Berger Paints Q3 net profit up at Rs 36.9 cr
Dishman Pharma Q3 net profit down at Rs 1.7 cr
GE Shipping Q3 cons net profit up at Rs 117 cr
Pipavav Shipyard Q3 net profit at Rs 2.6 cr
Rain Commodities acquires Birla Cement from Yash Birla Group
Firstsource Solutions approves proposal for merger of RevIT Systems
BPCL Q3 net profit dips 51%
APA in strategic pact with Essar Shipping
CLSA buys 6.54 lakh shares of SREI Infra
T ROWE PRICE sells 6.5 lakh shares of Allied Digital
SICOM sells 1.35 cr shares of Shree Ashtavinayak
Reliance Capital Q3 net profit up up 68% at Rs 106 cr
Hindalco Q3 net profit up 8% at Rs 460 cr
Dabur to tap professional beauty care market through ‘Oxylife’

Friday, February 11, 2011

Market Report


L&T forms JV with Cassidian; stock up
MRF net profit dips at Rs 102.18 crore
BASF India Q3 net profit rises to Rs23.68 crore
Tata Motors wins order from Linfox Logistics
JHS Svendgaard Q3 net jumps 138.88% to Rs3.11 crore
Cairn India Q3 cons net profit at Rs 2010cr
Microsec Financial Q3 PAT at Rs 10.7cr
Grasim replaces Suzlon in Nifty from March 25
Govt OKs follow-on share sale by Power Fin Corp
Omaxe Q3 cons net profit down at Rs 22.6cr
JSL Stainless Q3 net profit at Rs 89.9cr
PI Industries Q3FY2011 net profit up 47.2%
Dewan Housing Finance Corporation Ltd.(DHFL) launches Aadhar Housing Finance
Hindusthan National Glass invests over Rs 700 crores
GSPL Q3 net profit at Rs 159.1cr
Mahindra announces entry into Micro Irrigation Business
PepsiCo 4Q net income falls on rising costs
Sterlite Technologies bags its third UMTP project for development of India’s transmission systems.
Lanco bets big on solar, starts PV plant
Visaka Inds approves Rs 12.50cr for acquisition of 10% stake in Somerset  Entertainment Ventures
Hero Honda lines up Rs 1000 cr for new biz plans: Srcs

Thursday, February 10, 2011

Market Report


Elecon Engineering bags order worth Rs 82.02 crore
Everonn Q3 PAT increases 56% to Rs18.94 crore
Hinduja Global Q3 net down 7.22% at Rs28.01 crore
Nissan Copper Q3 net profit rises to Rs3.13 crore
BPCL Q3 net profit declines 50.57% at Rs187 crore
Gokul Refoils Q3 net profit at Rs 21.27cr
Strong sales boost M&M Q3 net profit 78% to Rs734.68 crore
ARSS Infra's profit up by 54%
MIC Electronics Q2 revenue at Rs 81.56 cr
JHS Svendgaard Q3 net jumps 138.88%
Shipping Corporation of India signs shipbuilding contract with Cochin  Shipyard
Reliance Infra to consider share buyback on Feb 14
RCF Q3 net profit at Rs 68.4cr
Britannia Ind Q3 net profit at Rs 37.3 cr
ILandFS Trans Q3 cons net profit at Rs 61.6cr
Orbit Corporation Q3 net profit at Rs 21.3cr
ABG Shipyard Q3 net profit at Rs 53.4cr

Wednesday, February 9, 2011

Market Report



Nifty ends at 7mth lows

Lanco to infuse $1bn in Australian mine to augment output
Aurionpro Solutions, BDP International enters into global license deal
HCC bags order worth Rs 232.07 crore from NTPC JV
ARSS Infrastructure Q3 PAT rises 2.11% to Rs26.11 crore
Lanco Infratech’s Q3 net profit rises 53.5% to Rs164 crore
Power Grid Q3 net profit up 21% at Rs 591.2 cr
Jubilant FoodWorks PAT jumps 66.7% to Rs18.95 crore in December quarter
Mangalore Refinery Q3 net profit at Rs 314cr
AstraZeneca Pharma Q4 net profit at Rs 28.3cr
Hanung Toys Q3 net profit up 35% at Rs 31.2cr
JM Financial Products part releases 151707 pledged shares of Zylog Systems

Tuesday, February 8, 2011

Market Report


Kaaveri Tele founders to buy 20 pct at 116.47 rupees/shr
Rel Power to expand capacity of 4 large projects by 50%
Hindustan Tin Q3 PAT rises 11.2% to Rs2.51 crore
SE Investments Q3 jumps 136% to Rs17.89 crore
Hindustan Copper Q3 net profit up 69% to Rs80.72 crore
Bhel inks pact with Abengoa for solar power projects
M&M ventures into construction equipment market
JSW defers open offer for Ispat Industries
Pratibha Ind Q3 standalone net profit at Rs 14.1cr
Cognizant Q4 profit jumps 43% at $206.2 mn
Moser Baer in pact with Universal Display for organic LEDs
SRF's Polyster film plant in Indore restarts
Lincoln Pharma introduces India's first LongActing Paracetamol 'Pa12'
MidDay Multimedia name changed to Next Mediaworks
Videocon announces major deepwater Natural Gas discovery off Mozambique  Offshore
Lanco Infratech Q3 cons net profit at Rs 164cr
Numeric Power Systems completes acquisition of Amex Alloys

Monday, February 7, 2011

Market Report


MM promoters lower stake in flagship to below 26%
Maruti rolls out luxury sedan, to take on Honda, Skoda
McNally Bharat bags order worth Rs 24.34 crore
IndusInd MM auto division sign MoU for vehicle finance
Hughes Communications India signs two contracts  with United Bank of India and UCO Bank
Omnitech InfoSolutions Q3 net profit stands at Rs14.45 crore
Huge demand for Bajaj Auto bikes see sales up 18% in Jan
Seshasayee buys out Tamil Nadu paper firm
SpiceJet ends 13% down as purchase by Maran comes under CBI lens
LT to construct  Lucknow Development Authority's apartments on Tilak Marg
Imagination Tech acquires HelloSoft for Rs 225cr
Career Point Infosystems enters into agreement with Gopi Bai Foundation
HCC bags EPC order from Sardar Sarovar Narmada Nigam (SSNNL) for Rs 345cr
NMDC to seal deals for 2 Australian mines, 4 more in pipeline
Reliance hires advisors to explore Atlas options
India's Jindal wins 25-year coal licence in Mozambique
RELIGARE FINVEST sells 2.64 shares of Alps Ind
FTVIPTMutual Global buys 11.40 Lk shares Polaris
Hindujas in talks with Italy’s Pessina for $2 bn realty projects
Coal India set to get coveted Maharatna status
Harman International to invest $100 mn in 3-5 years in India
CIL, SCI on lookout for consultant to study proposed JV
Tata Motors launches Manza’s new Avtaar

Friday, February 4, 2011

Market Report


Jet Airways to repay Rs 1,000 cr of debt each year
Nakoda PAT rises to Rs9.27 crore in December quarter
Whirlpool shares close 6.21 pc up on smart Q3 nos
ICSA Q3 net profit up 7.30% to Rs31.59 crore
Karuturi Global acquires 58% stake in Florista India
NMDC Q3 profit up 81% to Rs1,518 crore
Omnitech Q3 net up, eyes inorganic opportunities in US, UK
Cummins India Q3 net profit down at Rs 140 cr
EIL Q3 net profit up at Rs 122.5 cr
ACC Q3 cons net profit down 31% at Rs 1077 cr
Brigade Enterprises Q3 net profit at Rs 58.1cr
Gitanjali Gems acquires assets of DIT Group

Wednesday, February 2, 2011

Market Report


Markets end 1.6% lower as FIIs exit
Steel Strips bags Rs 190 cr orders from Russia
Radico Khaitan Q3 net profit at Rs 20.4cr
Tecpro Systems bags EPC orders worth Rs 208 crore from Kohinoor Power
Atul Auto Q3 net profit soars more than 120% to Rs2.51 crore
Mandhana Industries Q3 net profit rises to Rs19.90 crore
ADF Foods Q3 net profit up 32.91% to Rs4.28 crore
Motorola launches Defy at Rs 18,990
Glenmark Pharma Q3 net up 17%; meets forecast
Oriental Bank Dec '10 profit at Rs 3,032.76 crore
Bharti Airtel sheds 6.6 pc in 4 days ahead of Q3 nos
Birla Carbon signs agreement to acquire Columbian Chemicals
Braj Binani Group inks merger agreement with US based Composite Products Inc
NTPC records a meagre 0.25% rise in net profit
Escorts Q3 net profit jumps 9% at Rs25.4 crore
IndiGo launches seven new flights connecting key metros
Nakoda Limited Q4 PAT up by 35%
IntraSoft Technologies posts 47% yoy income growth
NPCIL, EIL ink pact for cooperation in nuclear projects
NMDC Q3 net profit up 81% at Rs 1,518 cr

Tuesday, February 1, 2011

Market Report


Govt approves Rs8,000 crore subsidy to oil firms in Q3
Domestic FMCG major Nirma to go private
Aditya Birla Group buys US Carbon BlackColumbian Chemicals for $875m
Shrenuj Company promoter acquires 61000 shares
IndSwift Labs allots 10 lakh shares to promoter group
Bain close to stake buy in Hero Honda - report
Jindal Saw net profit at Rs 125.01 cr; stock down
Sun Pharma net profit at Rs 350 cr; stock down
GVK Power & Infra net profit at Rs 42 cr; stock up
Siemens to pay 1 bn euros to up stake in Indian arm
Indian Hotels Q3 net profit slips to Rs 50 cr
KEC International Q3 cons net profit up at Rs 58 cr
Dabur India Q3 cons net profit up at Rs 154 cr
Andhra Bank Q3 net profit up 20% at Rs 331 cr
Nitin Spinners Q3 net sales up at Rs 106 cr
Colgate Q3 net profit down 43% at Rs 66.2 cr
Canara Bank Q3 net profit up 5% at Rs 1,106 cr
Rolta’s Q2 consolidated PAT at Rs154.18 crore
Central Bank of India Q3 net profit up at Rs 404 cr
Nava Bharat Ventures Q3 down 63% at Rs 49.3 cr
Ind-Swift Q3 net profit rises 83.10% to Rs24.61 crore
NTPC Q3 net profit up at Rs 2,372 cr
DB Realty Q3 cons net profit down at Rs 109 cr
Shree Cement Q3 net profit down 83.53% at Rs 27.5 cr
HOEC Q3 net profit at Rs 20.3cr
McLeod Russel Q3 net profit down at Rs 135 cr
HCL Infosystems gets Rs250 cr order from BSNL
MMTC Q3 net profit at Rs 1.5 cr
Escorts Q1 net profit at Rs 25.5cr
Everest Kanto Q3 cons net profit at Rs 23cr
Tata Comm Q3 cons net loss at Rs 197.4cr
Novartis India Q3 net profit at Rs 40.5cr
Mahindra Holidays Q3 net profit at Rs 31.1cr
Japanese Ad major Dentsu buysout partner stake in 3 JVs
Soham Energy to Raise $60 mn from Macquarie SBI Infra Fund
Aditya Birla PE invests Rs 62.5cr in GEI Industrial Systems
IFB Industries Q3 profit after tax up 18.8% at Rs 20.2 cr
Sadbhav Engg Q3 PAT up 87.2% at Rs 26.4 cr