Tuesday, August 9, 2011

Market Report


Markets drop 1.8% on global economic uncertainty
LT Q1 net up 12% driven by healthy order inflow
JSW Steel to raise output at Karnataka plant
TCS to start a joint research lab in Singapore
Oil falls over $4 as US downgrade spurs growth concern
Accel buys 51% stake of British Telecom in Accel Frontline
PVR Q1 cons PAT up at Rs 15.5 cr
Tata Coffee Q1 cons PAT up at Rs 13.1 cr
EIH Q1 PAT at Rs 15.4 cr
Finolex Cables Q1 PAT down 12% at Rs 20.2 cr
Omaxe Q1 cons PAT down at Rs 20 cr
Shriram City Union to raise Rs 750 crore via NCDs
Mahindra & Mahindra Q1 net profit rises 8% on robust sales
ARSS Infra Q1 net profit rises 13.5% to Rs38.65 crore
Lakshmi Vilas Bank Q1 net profit rises 5% to Rs24.58 crore
Infinite Computer Q1 consolidated net profit up at Rs29.97 crore
Godrej Properties, Jet Airways sign development agreement]
IFC to invest $15 mn in biomass power firm