Monday, May 9, 2011

Market Report



FIIs sell stocks worth $620 mn in first week of May
Infosys raises concerns on negative sentiment about outsourcing
SKS Microfinance shares plunges 20% ahead of reporting Q4 loss
Nandan Nilekani acquires stake in Dhanlaxmi Bank
Jyothy buys 50.97% stake in Henkel India
Surya Roshni Q4 net rises 38% to Rs40 crore
Saraswat Bank FY10-11 net up 78% at Rs212 crore
Paramount Printpackaging to list shares on May 9
Muthoot Finance shuts shop at Rs 176 on debut
GSK Pharma Q1 net profit down at Rs 46 Lk
Tata Sponge Q4 net profit up 30% at Rs 43 cr
NIIT Tech FY11 cons net profit up 44% at Rs 182 cr
DCM Shriram Cons Q4 net profit at Rs 19.5 cr
Piramal Health FY11 PAT up at Rs 12,883.4 cr
Eicher Motors Q4 net profit at Rs 14.5 cr
Federal Bank FY11 cons net profit up 26% at Rs 556.5cr
GE Shipping Q4 cons net profit at Rs 10.8 cr
Godrej Properties Q4 net profit up at Rs 60 cr
Taro sues Suven Life Sciences for patent infringement
Cipla’s margins hit by product mix and new unit costs