Asian Paints gained 3.54% to Rs 1107 at 11:10 IST on BSE after posting 32% rise in net profit to Rs 98 crore on 34.5% growth in net sales to Rs 995.24 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 1140 and a low of Rs 1090 so far during the day. The stock had a 52-week high of Rs 1319.95 on 31 November 2008 and a 52-week low of Rs 808.70 on 26 July 2007.
The company has an equity capital of Rs 95.92 crore. Face value per share is Rs 10.
The current price of Rs 1107 discounts its Q1 June 2008 annualised EPS of Rs 40.87, by a PE multiple of 27.09.
On consolidated basis, the company’s net profit rose 29.64% to Rs 106.21 crore on 29.17% increase in total income to Rs 1252.27 crore in Q1 June 2008 over Q1 June 2007.
On 24 June 2008, Asian Paints said it had set up a greenfield manufacturing facility worth Rs 400 crore at Rohtak in Haryana. The plant's initial capacity will to manufacture 1.5 lakh kilolitres of paint, which can be scaled up to 4.5 lakh litres. The production is expected to start in early part of the 2010.
The company manufactures and markets paints. The group also manufactures phthalic anhydride and pentaerythritol. The group operates in Australia, Fiji, Solomon Islands, Tonga, Vanuatu, Myanmar, China, Thailand, Malaysia, Singapore, Bangladesh, Nepal, Srilanka, Bahrain, the UAE, Oman, Barbados, Jamaica, Trinidad, Tobago, Egypt, Mauritius and Malta.
Wednesday, July 23, 2008
Hopes of fructification of nuclear deal boosts some stocks
Shares of firms which are potential beneficiaries of the Indo-US nuclear deal surged after the Indian government last night won parliamentary vote of confidence, clearing the way for the landmark civilian nuclear deal with the US..
Gammon India (up 11.9% to Rs 235.50), Reliance Infraqstructure (up 8.67% to Rs 999), Bharat Heavy Electricals (up 8.23% to Rs 1,729), Hindustan Construction Company (up 8.61% to Rs 97.75), Alstom Projects India (up 7.7% to Rs 454.05), Crompton Greaves (up 6.25% to Rs 248.05), Tata Power Company (up 5.53% to Rs 1,170), Rolta India (up 5.01% to Rs 291.50), Walchandnagar Industries (up 5% to Rs 275.30), Areva T&D India (up 4.75% to Rs 1694), Larsen & Toubro (up 4.13% to Rs 2,679), National Thermal Power Corporation (up 4% to Rs 192.40), ABB (up 4.66% to Rs 928), surged.
The nuclear deal will give India access to US nuclear fuel and technology without joining the 1970 Nuclear Non-Proliferation Treaty. It is potentially worth billions of dollars to US and European nuclear supplier companies and would give India more energy alternatives to drive its booming economy.
The deal has to be approved by the International Atomic Energy Agency and the 45-nation Nuclear Suppliers Group, which monitors sales of nuclear technology. Most big powers have backed the deal. The news of the Indian government winning the trust vote was welcomed by the White House. US officials had been openly saying that time was running out for the deal. The US Congress also has to vote on the accord, which US President George W Bush had hailed as one of his major policy achievements.
As far as Larsen & Toubro is concerned the company has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 megawatt Kudankulam nuclear project.
Bharat Heavy Electricals supplies up to 500 megawatt of equipment to Nuclear Power Corporation. It has an existing tie-up with Siemens for nuclear technology.
National Thermal Power Corporation is reportedly in talks with Nuclear Power Corporation of India for setting up a 2000 megawatt nuclear plant.
Areva T&D is reportedly looking at a plant for uranium mining and recycling. The plant would be set up after nod from Nuclear Power Corporation.
Alstom Projects India already makes nuclear reactors and rotors. Its parent company is a world leader in conventional nuclear projects. It makes turbines for nuclear power stations.
Rolta India along with its joint venture Stone and Webster provides reactor-building technology. Stone & Webster’s parent has 20% in Westinghouse Electric, a nuclear reactor maker.
Gammon India has undertaken turnkey construction for nuclear projects.
Hindustan Construction Company has constructed four nuclear power projects in India. It is an engineering procurement and construction contractor for nuclear projects.
ABB makes components for power projects. Its parent company’s exposure includes new nuclear power plants, systems and components.
Crompton Greaves works with Nuclear Power Corporation of India. It has completed a switchyard for nuclear project.
Walchandnagar Industries makes critical equipment for India’s nuclear power facilities.
Reliance Energy reportedly plans to invest additional Rs 12,000 crore in nuclear power capacity. It plans to install 2000 megawatt of nuclear power capacity.
Tata Power Company has tied up with some major nuclear equipment suppliers like Areva. It already has a relationship with Toshiba
Gammon India (up 11.9% to Rs 235.50), Reliance Infraqstructure (up 8.67% to Rs 999), Bharat Heavy Electricals (up 8.23% to Rs 1,729), Hindustan Construction Company (up 8.61% to Rs 97.75), Alstom Projects India (up 7.7% to Rs 454.05), Crompton Greaves (up 6.25% to Rs 248.05), Tata Power Company (up 5.53% to Rs 1,170), Rolta India (up 5.01% to Rs 291.50), Walchandnagar Industries (up 5% to Rs 275.30), Areva T&D India (up 4.75% to Rs 1694), Larsen & Toubro (up 4.13% to Rs 2,679), National Thermal Power Corporation (up 4% to Rs 192.40), ABB (up 4.66% to Rs 928), surged.
The nuclear deal will give India access to US nuclear fuel and technology without joining the 1970 Nuclear Non-Proliferation Treaty. It is potentially worth billions of dollars to US and European nuclear supplier companies and would give India more energy alternatives to drive its booming economy.
The deal has to be approved by the International Atomic Energy Agency and the 45-nation Nuclear Suppliers Group, which monitors sales of nuclear technology. Most big powers have backed the deal. The news of the Indian government winning the trust vote was welcomed by the White House. US officials had been openly saying that time was running out for the deal. The US Congress also has to vote on the accord, which US President George W Bush had hailed as one of his major policy achievements.
As far as Larsen & Toubro is concerned the company has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 megawatt Kudankulam nuclear project.
Bharat Heavy Electricals supplies up to 500 megawatt of equipment to Nuclear Power Corporation. It has an existing tie-up with Siemens for nuclear technology.
National Thermal Power Corporation is reportedly in talks with Nuclear Power Corporation of India for setting up a 2000 megawatt nuclear plant.
Areva T&D is reportedly looking at a plant for uranium mining and recycling. The plant would be set up after nod from Nuclear Power Corporation.
Alstom Projects India already makes nuclear reactors and rotors. Its parent company is a world leader in conventional nuclear projects. It makes turbines for nuclear power stations.
Rolta India along with its joint venture Stone and Webster provides reactor-building technology. Stone & Webster’s parent has 20% in Westinghouse Electric, a nuclear reactor maker.
Gammon India has undertaken turnkey construction for nuclear projects.
Hindustan Construction Company has constructed four nuclear power projects in India. It is an engineering procurement and construction contractor for nuclear projects.
ABB makes components for power projects. Its parent company’s exposure includes new nuclear power plants, systems and components.
Crompton Greaves works with Nuclear Power Corporation of India. It has completed a switchyard for nuclear project.
Walchandnagar Industries makes critical equipment for India’s nuclear power facilities.
Reliance Energy reportedly plans to invest additional Rs 12,000 crore in nuclear power capacity. It plans to install 2000 megawatt of nuclear power capacity.
Tata Power Company has tied up with some major nuclear equipment suppliers like Areva. It already has a relationship with Toshiba
Siemens Strong Q3 show,good order intake
Siemens surged 6.20% to Rs 530 at 10:35 IST on BSE on reporting 107.2% surge in net profit to Rs 169.43 crore on 1.5% rise in net sales to Rs 1809.68 crore in Q3 June 2008 over Q3 June 2007.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 550 and a low of Rs 515 so far during the day. The stock had a 52-week high of Rs 1125 on 25 November 2007 and a 52-week low of Rs 363 on 1 July 2008.
The company has an equity capital of Rs 67.44 crore. Face value per share is Rs 2.
The current price of Rs 530 discounts its Q3 June 2008 annualised EPS of Rs 20.10, by a PE multiple of 26.37.
At the time of announcement of Q3 June 2008 results, Siemens said it procured new orders worth Rs 2078 crore in Q3 June 2008, up 18% from a year ago. The main contributors to the new order intake were industrial solutions and services, automation and drives businesses, it added. The company's outstanding order book at the end of the June 2008 quarter stood at Rs 9850 crore.
Siemens manufactures and distributes switchgear items, electric motors and generators, switchboards, control boards, control systems and protection systems.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 550 and a low of Rs 515 so far during the day. The stock had a 52-week high of Rs 1125 on 25 November 2007 and a 52-week low of Rs 363 on 1 July 2008.
The company has an equity capital of Rs 67.44 crore. Face value per share is Rs 2.
The current price of Rs 530 discounts its Q3 June 2008 annualised EPS of Rs 20.10, by a PE multiple of 26.37.
At the time of announcement of Q3 June 2008 results, Siemens said it procured new orders worth Rs 2078 crore in Q3 June 2008, up 18% from a year ago. The main contributors to the new order intake were industrial solutions and services, automation and drives businesses, it added. The company's outstanding order book at the end of the June 2008 quarter stood at Rs 9850 crore.
Siemens manufactures and distributes switchgear items, electric motors and generators, switchboards, control boards, control systems and protection systems.
Sesa Goa strikes on strong quarterly earnings
Sesa Goa advanced 7.49% to Rs 3094 at 10:13 IST on BSE after posting 442.42% rise in net profit to Rs 644.72 crore on 182.34% increase in total income to Rs 1310.93 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 3145 and a low of Rs 2961.55 so far during the day. The stock had a 52-week high of Rs 4390 on 5 May 2008 and a 52-week low of Rs 1686.10 on 17 August 2007.
The company has an equity capital of Rs 39.36 crore. Face value per share is Rs 10.
The current price of Rs 3094 discounts its Q4 March 2008 annualised EPS of Rs 811.28, by a PE multiple of 3.81.
On consolidated basis, Sesa Goa’s net profit rose 382.05% to Rs 633.07 crore on 153.86% increase in total income to Rs 1341.16 crore in Q1 June 2008 over Q1 June 2007.
On 3 July 2008, the company announced 18 August 2008 as the record date for a 10-for-1 stock split and liberal bonus issue in the ratio of 1:1.
Sesa Goa, an iron ore mining company of the Vedanta group, has been involved in iron ore mining, beneficiation and exports besides. It is also into the manufacture of pig iron and metallurgical coke.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 3145 and a low of Rs 2961.55 so far during the day. The stock had a 52-week high of Rs 4390 on 5 May 2008 and a 52-week low of Rs 1686.10 on 17 August 2007.
The company has an equity capital of Rs 39.36 crore. Face value per share is Rs 10.
The current price of Rs 3094 discounts its Q4 March 2008 annualised EPS of Rs 811.28, by a PE multiple of 3.81.
On consolidated basis, Sesa Goa’s net profit rose 382.05% to Rs 633.07 crore on 153.86% increase in total income to Rs 1341.16 crore in Q1 June 2008 over Q1 June 2007.
On 3 July 2008, the company announced 18 August 2008 as the record date for a 10-for-1 stock split and liberal bonus issue in the ratio of 1:1.
Sesa Goa, an iron ore mining company of the Vedanta group, has been involved in iron ore mining, beneficiation and exports besides. It is also into the manufacture of pig iron and metallurgical coke.
NOCIL spurts on strong Q1 chemistry
NOCIL jumped 10.59% to Rs 23.50 at 9:55 IST on BSE on reporting 473.4% surge in net profit to Rs 11.64 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 25.50 and a low of Rs 23 so far during the day. The stock had a 52-week high of Rs 67.95 on 4 January 2008 and a 52-week low of Rs 17.55 on 2 July 2008.
The company has an equity capital of Rs 160.79 crore. Face value per share is Rs 10.
The current price of Rs 23.50 discounts its Q1 June 2008 annualised EPS of Rs 2.90, by a PE multiple of 8.10.
The company’s net sales rose 73.9% to Rs 128.39 crore in Q1 June 2008 over Q1 June 2007.
The company manufactures a wide range of petrochemicals like, ethylene, propylene, butadiene, benzene and their derivatives, polymers, rubber, chemicals and plastic products.
The company announced the results after trading hours yesterday, 22 July 2008.
The stock hit a high of Rs 25.50 and a low of Rs 23 so far during the day. The stock had a 52-week high of Rs 67.95 on 4 January 2008 and a 52-week low of Rs 17.55 on 2 July 2008.
The company has an equity capital of Rs 160.79 crore. Face value per share is Rs 10.
The current price of Rs 23.50 discounts its Q1 June 2008 annualised EPS of Rs 2.90, by a PE multiple of 8.10.
The company’s net sales rose 73.9% to Rs 128.39 crore in Q1 June 2008 over Q1 June 2007.
The company manufactures a wide range of petrochemicals like, ethylene, propylene, butadiene, benzene and their derivatives, polymers, rubber, chemicals and plastic products.
Post -Market Commentary - July 23 2008
Market cheers UPA win, Sensex ends 6% up (838 POINTS UP)
Victory of UPA government in trust vote in the parliament on Tuesday revitalised the bulls who bought heavily across the sectors. Interest sensitive sectors like banks and real estate rallied on expectations of reforms in the banking and insurance space while power scrips advanced on prospects of Indo-US nuclear deal.
Bombay Stock Exchange’s Sensex closed at 14959.50, up 855.30 points or 6.06 per cent. It touched a high of 14,979.90 and low of 14,568.22.
National Stock Exchange’s Nifty ended at 4,481 up 5.68 per cent or 241 points up. The borader index touched a high of 4491.55 and low of 4246.70.
BSE Midcap Index gained 5.01 per cent to close at 5613.78 and BSE Smallcap Index ended 4.21 per cent up at 6811.84.
Reliance Communications (12.12%), ICICI Bank (12.04%), HDFC (11.29%), State Bank of India (11.17%) and BHEL (10.86%) fronted the Sensex rally.
Cipla (-2.42%) and Hindustan Unilever (1.42%) were the only losers in the 30-share index.
BSE Bankex ended 10.37 per cent up, BSE Realty Index gained 8.38 per cent and BSE Capital goods Index closed 8.14 per cent higher.
Market breadth was impressive with 2254 advances against 445 declines on BSE while on NSE, there were 1760 gainers and 111 losers.
Victory of UPA government in trust vote in the parliament on Tuesday revitalised the bulls who bought heavily across the sectors. Interest sensitive sectors like banks and real estate rallied on expectations of reforms in the banking and insurance space while power scrips advanced on prospects of Indo-US nuclear deal.
Bombay Stock Exchange’s Sensex closed at 14959.50, up 855.30 points or 6.06 per cent. It touched a high of 14,979.90 and low of 14,568.22.
National Stock Exchange’s Nifty ended at 4,481 up 5.68 per cent or 241 points up. The borader index touched a high of 4491.55 and low of 4246.70.
BSE Midcap Index gained 5.01 per cent to close at 5613.78 and BSE Smallcap Index ended 4.21 per cent up at 6811.84.
Reliance Communications (12.12%), ICICI Bank (12.04%), HDFC (11.29%), State Bank of India (11.17%) and BHEL (10.86%) fronted the Sensex rally.
Cipla (-2.42%) and Hindustan Unilever (1.42%) were the only losers in the 30-share index.
BSE Bankex ended 10.37 per cent up, BSE Realty Index gained 8.38 per cent and BSE Capital goods Index closed 8.14 per cent higher.
Market breadth was impressive with 2254 advances against 445 declines on BSE while on NSE, there were 1760 gainers and 111 losers.
Tuesday, July 22, 2008
NIIT Tech slips on dismal Q1 results
NIIT Technologies declined 0.70% to Rs 107.05 at 15:26 IST on BSE after posting 55.21% fall in net profit to Rs 24.44 crore in Q1 June 2008 over Q4 March 2008.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 113 and a low of Rs 103.85 so far during the day. The stock had a 52-week high of Rs 409 on 18 October 2007 and a 52-week low of Rs 85.05 on 24 March 2008.
The company has an equity capital of Rs 58.73 crore. Face value per share is Rs 10.
The current price of Rs 107.05 discounts its Q4 March 2008 annualised EPS of Rs 37.18, by a PE multiple of 2.88.
NIIT Technologies’ total income fell 17.78% to Rs 129.16 crore in Q1 June 2008 over Q4 March 2008.
In February 2008, the company signed an agreement to buy out Germany's Softec GmbH for an undisclosed amount.
NIIT Technologies services customers in North America, Europe, Asia and Australia and focuses on specific industry verticals, including banking, financial services and insurance, travel & transportation and retail & manufacturing.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 113 and a low of Rs 103.85 so far during the day. The stock had a 52-week high of Rs 409 on 18 October 2007 and a 52-week low of Rs 85.05 on 24 March 2008.
The company has an equity capital of Rs 58.73 crore. Face value per share is Rs 10.
The current price of Rs 107.05 discounts its Q4 March 2008 annualised EPS of Rs 37.18, by a PE multiple of 2.88.
NIIT Technologies’ total income fell 17.78% to Rs 129.16 crore in Q1 June 2008 over Q4 March 2008.
In February 2008, the company signed an agreement to buy out Germany's Softec GmbH for an undisclosed amount.
NIIT Technologies services customers in North America, Europe, Asia and Australia and focuses on specific industry verticals, including banking, financial services and insurance, travel & transportation and retail & manufacturing.
LIC Housing Finance capitalises on diversification buzz
LIC Housing Finance rose 1.55% to Rs 261.35 at 15:08 IST on BSE on reports set to foray into the venture capital arena and intends to start a Rs 500 crore real estate fund by the end of this financial year.
The stock hit a high of Rs 272.60 and a low of Rs 256 so far during the day. The stock had a 52-week high of Rs 402.90 on 11 December 2007 and a 52-week low of Rs 174.50 on 23 August 2007.
The company has an equity capital of Rs 84.99 crore. Face value per share is Rs 10.
The current price of Rs 261.35 discounts its Q1 June 2008 annualised EPS of Rs 49.29, by a PE multiple of 5.3.
Based on the response to the real estate fund, the company will decide on whether it will expand its presence in the venture capital space, reports suggest.
The company’s net profit rose 124.2% to Rs 104.66 crore on 34.7% rise in operating income to Rs 622.02 crore in Q1 June 2008 over Q1 June 2007. The company announced the result yesterday, 21 July 2008.
The company provides long term finance to individuals for purchase/construction/repair and renovation of new/ existing flats/houses. The company also provides finance on existing property for business/personal needs and gives loans to professionals for purchase/construction of clinics/nursing homes/diagnostic centres / office space.
The stock hit a high of Rs 272.60 and a low of Rs 256 so far during the day. The stock had a 52-week high of Rs 402.90 on 11 December 2007 and a 52-week low of Rs 174.50 on 23 August 2007.
The company has an equity capital of Rs 84.99 crore. Face value per share is Rs 10.
The current price of Rs 261.35 discounts its Q1 June 2008 annualised EPS of Rs 49.29, by a PE multiple of 5.3.
Based on the response to the real estate fund, the company will decide on whether it will expand its presence in the venture capital space, reports suggest.
The company’s net profit rose 124.2% to Rs 104.66 crore on 34.7% rise in operating income to Rs 622.02 crore in Q1 June 2008 over Q1 June 2007. The company announced the result yesterday, 21 July 2008.
The company provides long term finance to individuals for purchase/construction/repair and renovation of new/ existing flats/houses. The company also provides finance on existing property for business/personal needs and gives loans to professionals for purchase/construction of clinics/nursing homes/diagnostic centres / office space.
Emco -Good Q1 result
Emco jumped 6.96% to Rs 146.85 at 14:41 IST on BSE on reporting 11.55% rise in net profit to Rs 10.05 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 150 and a low of Rs 135.80 so far during the day. The stock had a 52-week high of Rs 330 on 17 January 2008 and a 52-week low of Rs 125 on 2 July 2008.
The company has an equity capital of Rs 11.76 crore. Face value per share is Rs 10.
The current price of Rs 146.85 discounts its Q4 March 2008 annualised EPS of Rs 19.65, by a PE multiple of 7.47.
The company’s total income rose 18.81% to Rs 183.35 crore in Q1 June 2008 over Q1 June 2007.
In May 2008, Emco secured a Rs 126-crore turnkey order from Delhi Transco for new substation at Mundka, Delhi
The company is engaged in manufacturing and marketing furnace and rectifier transformers and electronic energy meters.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 150 and a low of Rs 135.80 so far during the day. The stock had a 52-week high of Rs 330 on 17 January 2008 and a 52-week low of Rs 125 on 2 July 2008.
The company has an equity capital of Rs 11.76 crore. Face value per share is Rs 10.
The current price of Rs 146.85 discounts its Q4 March 2008 annualised EPS of Rs 19.65, by a PE multiple of 7.47.
The company’s total income rose 18.81% to Rs 183.35 crore in Q1 June 2008 over Q1 June 2007.
In May 2008, Emco secured a Rs 126-crore turnkey order from Delhi Transco for new substation at Mundka, Delhi
The company is engaged in manufacturing and marketing furnace and rectifier transformers and electronic energy meters.
Lupin strengthens on healthy Q1 outcome
Lupin gained 2.83% to Rs 717 at 13:35 IST on BSE on reporting 38.45% rise in net profit to Rs 108.52 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 725 and a low of Rs 690.30 so far during the day. The stock had a 52-week high of Rs 741.90 on 13 June 2008 and a 52-week low of Rs 429.90 on 22 January 2008.
The company has an equity capital of Rs 82.09 crore. Face value per share is Rs 10.
The current price of Rs 717 discounts its Q4 March 2008 annualised EPS of Rs 37.35, by a PE multiple of 19.20.
The company’s total income rose 18.39% to Rs 712.42 crore in Q1 June 2008 over Q1 June 2007.
On 24 June 2008, Lupin entered into an agreement with US based Ascend Therapeutics Inc for promoting suprax 400 miligram tablets in the US market.
On 16 June 2008, Lupin received a tentative approval from US Food & Drug Administration (USFDA) for its escitalopram oxalate tablets in 10 & 20-milligram strengths.
Lupin is engaged in manufacturing active pharmaceutical ingredients and formulations.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 725 and a low of Rs 690.30 so far during the day. The stock had a 52-week high of Rs 741.90 on 13 June 2008 and a 52-week low of Rs 429.90 on 22 January 2008.
The company has an equity capital of Rs 82.09 crore. Face value per share is Rs 10.
The current price of Rs 717 discounts its Q4 March 2008 annualised EPS of Rs 37.35, by a PE multiple of 19.20.
The company’s total income rose 18.39% to Rs 712.42 crore in Q1 June 2008 over Q1 June 2007.
On 24 June 2008, Lupin entered into an agreement with US based Ascend Therapeutics Inc for promoting suprax 400 miligram tablets in the US market.
On 16 June 2008, Lupin received a tentative approval from US Food & Drug Administration (USFDA) for its escitalopram oxalate tablets in 10 & 20-milligram strengths.
Lupin is engaged in manufacturing active pharmaceutical ingredients and formulations.
Hanung Toys strong Q1
Hanung Toys & Textiles gained 2.97% to Rs 194.25 at 12:58 IST on BSE after posting 101.09% rise in net profit in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 203.75 and a low of Rs 191.55 so far during the day. The stock had a 52-week high of Rs 300 on 7 January 2008 and a 52-week low of Rs 121 on 27 July 2007.
The company has an equity capital of Rs 25.19 crore. Face value per share is Rs 10.
The current price of Rs 194.25 discounts its Q4 March 2008 annualised EPS of Rs 33.49, by a PE multiple of 5.80.
Hanung Toys & Textiles (HTTL)’s total income rose 72.69% to Rs 150.64 crore in Q1 June 2008 over Q1 June 2007.
HTTL is engaged in the business of manufacturing and exporting of soft toys. It also manufactures and exports of home furnishings.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 203.75 and a low of Rs 191.55 so far during the day. The stock had a 52-week high of Rs 300 on 7 January 2008 and a 52-week low of Rs 121 on 27 July 2007.
The company has an equity capital of Rs 25.19 crore. Face value per share is Rs 10.
The current price of Rs 194.25 discounts its Q4 March 2008 annualised EPS of Rs 33.49, by a PE multiple of 5.80.
Hanung Toys & Textiles (HTTL)’s total income rose 72.69% to Rs 150.64 crore in Q1 June 2008 over Q1 June 2007.
HTTL is engaged in the business of manufacturing and exporting of soft toys. It also manufactures and exports of home furnishings.
Areva T&D India Stock-split proposal
Areva T&D India jumped 6.03% to Rs 1615 at 11:49 IST on BSE after the company said its board will meet on 29 July 2008 to consider a 5-for-1 stock split.
The company made this announcement during trading hours today, 22 July 2008.
The stock hit a high of Rs 1650 and a low of Rs 1535 so far during the day. The stock had a 52-week high of Rs 3280 on 13 November 2007 and a 52-week low of Rs 1199 on 1 July 2008.
The company has an equity capital of Rs 47.82 crore. Face value per share is Rs 10.
The current price of Rs 1615 discounts its Q1 March 2008 annualised EPS of Rs 37.99, by a PE multiple of 42.51.
Areva T&D India will be a major beneficiary of the Indo-US nuclear deal if the deal fructifies. French giant Areva, which holds 72.18% stake in Areva T&D (as at end march 2008) is best known for its nuclear power plant and transmission interests. It is the only company in the world that has interests in every industry linked to nuclear power - from mining uranium to dismantling old nuclear power plants.
On 9 April 2008, Areva T&D India secured an order worth Rs 418 crore from Essar Constructions to provide equipments for power project in Gujarat and Madhya Pradesh.
Areva T&D India’s net profit rose 42.70% to Rs 54.10 crore on 22.50% growth in net sales to Rs 502.90 crore in Q1 March 2008 over Q1 March 2007.
The company's products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows.
The company made this announcement during trading hours today, 22 July 2008.
The stock hit a high of Rs 1650 and a low of Rs 1535 so far during the day. The stock had a 52-week high of Rs 3280 on 13 November 2007 and a 52-week low of Rs 1199 on 1 July 2008.
The company has an equity capital of Rs 47.82 crore. Face value per share is Rs 10.
The current price of Rs 1615 discounts its Q1 March 2008 annualised EPS of Rs 37.99, by a PE multiple of 42.51.
Areva T&D India will be a major beneficiary of the Indo-US nuclear deal if the deal fructifies. French giant Areva, which holds 72.18% stake in Areva T&D (as at end march 2008) is best known for its nuclear power plant and transmission interests. It is the only company in the world that has interests in every industry linked to nuclear power - from mining uranium to dismantling old nuclear power plants.
On 9 April 2008, Areva T&D India secured an order worth Rs 418 crore from Essar Constructions to provide equipments for power project in Gujarat and Madhya Pradesh.
Areva T&D India’s net profit rose 42.70% to Rs 54.10 crore on 22.50% growth in net sales to Rs 502.90 crore in Q1 March 2008 over Q1 March 2007.
The company's products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows.
Thermax Good Q1 results & Good Orders
Thermax rose 4.52% to Rs 400 at 11:05 IST on BSE after it reported 13.7% rise in net profit to Rs 63.7 crore on 7.5% rise in total income to Rs 727.2 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 401.95 and a low of Rs 386 so far during the day. The stock had a 52-week high of Rs 968.30 on 30 October 2007 and a 52-week low of Rs 330.50 on 2 July 2008.
The company has an equity capital of Rs 23.83 crore. Face value per share is Rs 2.
The current price of Rs 400 discounts its Q4 March 2008 annualised EPS of Rs 27.03, by a PE multiple of 14.79.
The order book of the company at the the quarter ended June 2008 stood at Rs 2,649 crore compared to Rs 2435 at the beginning of the financial year.
The company manufactures and distributes industrial equipment. The group operates in two segments, energy and environment.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 401.95 and a low of Rs 386 so far during the day. The stock had a 52-week high of Rs 968.30 on 30 October 2007 and a 52-week low of Rs 330.50 on 2 July 2008.
The company has an equity capital of Rs 23.83 crore. Face value per share is Rs 2.
The current price of Rs 400 discounts its Q4 March 2008 annualised EPS of Rs 27.03, by a PE multiple of 14.79.
The order book of the company at the the quarter ended June 2008 stood at Rs 2,649 crore compared to Rs 2435 at the beginning of the financial year.
The company manufactures and distributes industrial equipment. The group operates in two segments, energy and environment.
HEG on buyback plan
HEG gained 5.79% to Rs 225.50 at 10:53 IST on BSE after the company said its board will meet on 31 July 2008 to consider buyback of equity shares.
The company made this announcement after trading hours yesterday, 21 July 2008.
The stock hit a high of Rs 227 and a low of Rs 219.80 so far during the day. The stock had a 52-week high of Rs 609 on 1 January 2008 and a 52-week low of Rs 174 on 2 July 2008.
The company has an equity capital of Rs 44.32 crore. Face value per share is Rs 10.
The current price of Rs 225.50 discounts its Q1 June 2008 annualised EPS of Rs 32.50, by a PE multiple of 6.94.
The company’s net profit rose 20.6% to Rs 36.01 crore on 3.1% fall in net sales to Rs 236.69 crore in Q4 March 2008 over Q4 March 2007.
HEG is the second largest integrated graphite electrode manufacturer in the world.
The company made this announcement after trading hours yesterday, 21 July 2008.
The stock hit a high of Rs 227 and a low of Rs 219.80 so far during the day. The stock had a 52-week high of Rs 609 on 1 January 2008 and a 52-week low of Rs 174 on 2 July 2008.
The company has an equity capital of Rs 44.32 crore. Face value per share is Rs 10.
The current price of Rs 225.50 discounts its Q1 June 2008 annualised EPS of Rs 32.50, by a PE multiple of 6.94.
The company’s net profit rose 20.6% to Rs 36.01 crore on 3.1% fall in net sales to Rs 236.69 crore in Q4 March 2008 over Q4 March 2007.
HEG is the second largest integrated graphite electrode manufacturer in the world.
BHEL- Good Q1 results, hefty order book
Bharat Heavy Electricals surged 3.69% to Rs 1562 at 10:34 IST on BSE on reporting 33.1% surge in net profit to Rs 384.41 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results after trading hours on Monday, 21 July 2008.
The stock hit a high of Rs 1575 and a low of Rs 1525 so far during the day. The stock had a 52-week high of Rs 2925 on 7 November 2007 and a 52-week low of Rs 1325.25 on 9 June 2008.
The company has an equity capital of Rs 489.52 crore. Face value per share is Rs 10.
The current price of Rs 1562 discounts its Q1 June 2008 annualised EPS of Rs 31.41, by a PE multiple of 49.73.
Bharat Heavy Electricals (Bhel)’s net sales rose 33.9% to Rs 4329.24 crore in Q1 June 2008 over Q1 June 2007.
Bhel had an outstanding order book of about Rs 95000 crore as on 30 June 2008.
On 11 July 2008, Bhel bagged a contract worth Rs 2175 crore for setting up a 600 megawatt thermal power plant in Tamil Nadu.
On 30 June 2008, the company bagged an order exceeding Rs 2080 crore for a 400-megawatt thermal power project in Syria.
In June 2008, Bhel won a contract worth Rs 3600 crore to set up a combined cycle power plant in New Delhi.
Bhel is engaged in manufacturing and distributing electrical, electronic, and mechanical and nuclear power equipment.
The company announced the results after trading hours on Monday, 21 July 2008.
The stock hit a high of Rs 1575 and a low of Rs 1525 so far during the day. The stock had a 52-week high of Rs 2925 on 7 November 2007 and a 52-week low of Rs 1325.25 on 9 June 2008.
The company has an equity capital of Rs 489.52 crore. Face value per share is Rs 10.
The current price of Rs 1562 discounts its Q1 June 2008 annualised EPS of Rs 31.41, by a PE multiple of 49.73.
Bharat Heavy Electricals (Bhel)’s net sales rose 33.9% to Rs 4329.24 crore in Q1 June 2008 over Q1 June 2007.
Bhel had an outstanding order book of about Rs 95000 crore as on 30 June 2008.
On 11 July 2008, Bhel bagged a contract worth Rs 2175 crore for setting up a 600 megawatt thermal power plant in Tamil Nadu.
On 30 June 2008, the company bagged an order exceeding Rs 2080 crore for a 400-megawatt thermal power project in Syria.
In June 2008, Bhel won a contract worth Rs 3600 crore to set up a combined cycle power plant in New Delhi.
Bhel is engaged in manufacturing and distributing electrical, electronic, and mechanical and nuclear power equipment.
Tech Mahindra good Q1 results & Large order from BT
Tech Mahindra gained 4.09% to Rs 706.90 at 9:55 IST on BSE on reporting net profit of Rs 254.36 crore in Q1 June 2008 as against net loss of Rs 207 crore in Q4 March 2008.
The company announced the results after trading hours yesterday, 21 July 2008.
The stock hit a high of Rs 710 and a low of Rs 694 so far during the day. The stock had a 52-week high of Rs 1550 on 11 October 2007 and a 52-week low of Rs 614.80 on 17 March 2008.
The company has an equity capital of Rs 121.52 crore. Face value per share is Rs 10.
The current price of Rs 706.90 discounts its Q1 June 2008 annualised EPS of Rs 83.74, by a PE multiple of 8.44.
Tech Mahindra’s net sales rose 11.10% to Rs 1100.70 crore in Q1 June 2008 over Q4 March 2008.
On a consolidated basis, Tech Mahindra reported net profit of Rs Rs 258.54 crore in Q1 June 2008 as against net loss of Rs 221.4 crore in Q4 March 2008. Total income rose 7.96% to Rs 1142.47 crore in Q1 June 2008 over Q4 March 2008.
At the time announcing Q1 June 2008 results on Monday, 21 July 2008, Tech Mahindra said it has bagged an worth $700 million from BT Group for systems transformation program. BT Group is the largest client and a shareholder of Tech Mahindra.
Tech Mahindra provides information technology (IT) services and solutions to the telecom sector. It provides a variety of services ranging from IT strategy and consulting to system integration, design, application development, implementation, maintenance and product engineering.
The company announced the results after trading hours yesterday, 21 July 2008.
The stock hit a high of Rs 710 and a low of Rs 694 so far during the day. The stock had a 52-week high of Rs 1550 on 11 October 2007 and a 52-week low of Rs 614.80 on 17 March 2008.
The company has an equity capital of Rs 121.52 crore. Face value per share is Rs 10.
The current price of Rs 706.90 discounts its Q1 June 2008 annualised EPS of Rs 83.74, by a PE multiple of 8.44.
Tech Mahindra’s net sales rose 11.10% to Rs 1100.70 crore in Q1 June 2008 over Q4 March 2008.
On a consolidated basis, Tech Mahindra reported net profit of Rs Rs 258.54 crore in Q1 June 2008 as against net loss of Rs 221.4 crore in Q4 March 2008. Total income rose 7.96% to Rs 1142.47 crore in Q1 June 2008 over Q4 March 2008.
At the time announcing Q1 June 2008 results on Monday, 21 July 2008, Tech Mahindra said it has bagged an worth $700 million from BT Group for systems transformation program. BT Group is the largest client and a shareholder of Tech Mahindra.
Tech Mahindra provides information technology (IT) services and solutions to the telecom sector. It provides a variety of services ranging from IT strategy and consulting to system integration, design, application development, implementation, maintenance and product engineering.
Post-Market Commentary Tuesday, July 22, 2008
Market surges Up in choppy trade ahead of trust vote
The key benchmark indices shrugged off weak global cues on expectations that the Congress-led United Progressive Alliance (UPA) government will win the trust vote in the parliament. Volatility was high in the second half of the trading session. Power, FMCG and metal stocks were in demand. All the sectoral indices on BSE, barring the auto index, ended in green.
The Indian stock market has witnessed a solid surge in the past four days ahead of the trust vote. The government is seeking the trust vote after the Left parties early this month withdrew support to the government. Reports suggest that the government has a wafer-thin edge of winning the trust vote.
Electronic voting will take place on the trust motion in parliament at 18:00 IST today, Lok Sabha Speaker Somnath Chatterjee said. An hour before the actual voting, Prime Minister Manmohan is expected to reply to the debate. A debate on the trust vote is going on in the parliament since yesterday in a special session being held for the purpose.
If the government wins the confidence vote it will continue to be in power. If the government loses the trust vote, the president could ask the prime minister to continue in power as a caretaker government. The Election Commission of India will then fix a date and mid-term polls will be held.
As per provisional closing, BSE Sensex was up 302.28 points or 2.18% at 14,152.32.
S&P CNX Nifty advanced 101.25 points or 2.43% at 4260.75.
The key benchmark indices shrugged off weak global cues on expectations that the Congress-led United Progressive Alliance (UPA) government will win the trust vote in the parliament. Volatility was high in the second half of the trading session. Power, FMCG and metal stocks were in demand. All the sectoral indices on BSE, barring the auto index, ended in green.
The Indian stock market has witnessed a solid surge in the past four days ahead of the trust vote. The government is seeking the trust vote after the Left parties early this month withdrew support to the government. Reports suggest that the government has a wafer-thin edge of winning the trust vote.
Electronic voting will take place on the trust motion in parliament at 18:00 IST today, Lok Sabha Speaker Somnath Chatterjee said. An hour before the actual voting, Prime Minister Manmohan is expected to reply to the debate. A debate on the trust vote is going on in the parliament since yesterday in a special session being held for the purpose.
If the government wins the confidence vote it will continue to be in power. If the government loses the trust vote, the president could ask the prime minister to continue in power as a caretaker government. The Election Commission of India will then fix a date and mid-term polls will be held.
As per provisional closing, BSE Sensex was up 302.28 points or 2.18% at 14,152.32.
S&P CNX Nifty advanced 101.25 points or 2.43% at 4260.75.
Monday, July 21, 2008
Bartronics India strong quarterly earnings
Bartronics India spurted 8.76% to Rs 170.05 at 15:21 IST on BSE after posting 220.37% surge in net profit to Rs 15.27 crore on 165.71% increase in total income to Rs 679.32 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 175.70 and a low of Rs 160 so far during the day. The stock had a 52-week high of Rs 294.50 on 7 January 2008 and a 52-week low of Rs 125 on 4 April 2008.
The company has an equity capital of Rs 27.58 crore. Face value per share is Rs 10.
The current price of Rs 170.05 discounts its Q4 March 2008 annualised EPS of Rs 24.75, by a PE multiple of 6.87.
Bartronics is a leading provider of smart card-based technology as well as radio frequency identification solutions.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 175.70 and a low of Rs 160 so far during the day. The stock had a 52-week high of Rs 294.50 on 7 January 2008 and a 52-week low of Rs 125 on 4 April 2008.
The company has an equity capital of Rs 27.58 crore. Face value per share is Rs 10.
The current price of Rs 170.05 discounts its Q4 March 2008 annualised EPS of Rs 24.75, by a PE multiple of 6.87.
Bartronics is a leading provider of smart card-based technology as well as radio frequency identification solutions.
SAIL good Q1 results
Steel Authority of India rose 1.83% to Rs 125 at 15:06 IST on BSE on reporting 20.33% rise in net profit to Rs 1835.19 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 128.20 and a low of Rs 121.30 so far during the day. The stock had a 52-week high of Rs 292.50 on 13 December 2007 and a 52-week low of Rs 117.55 on 17 July 2008.
The company has an equity capital of Rs 4130.40 crore. Face value per share is Rs 10.
The current price of Rs 125 discounts its Q4 March 2008 annualised EPS of Rs 23.02, by a PE multiple of 5.42.
Steel Authority of India (Sail)’s total income rose 36.85% to Rs 11421.99 crore in Q1 June 2008 over Q1 June 2007.
Sail is engaged in manufacturing and marketing iron and steel. The group produces both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 128.20 and a low of Rs 121.30 so far during the day. The stock had a 52-week high of Rs 292.50 on 13 December 2007 and a 52-week low of Rs 117.55 on 17 July 2008.
The company has an equity capital of Rs 4130.40 crore. Face value per share is Rs 10.
The current price of Rs 125 discounts its Q4 March 2008 annualised EPS of Rs 23.02, by a PE multiple of 5.42.
Steel Authority of India (Sail)’s total income rose 36.85% to Rs 11421.99 crore in Q1 June 2008 over Q1 June 2007.
Sail is engaged in manufacturing and marketing iron and steel. The group produces both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets.
LIC Housing Finance strong Q1 numbers
LIC Housing Finance rose 4.09% to Rs 247 at 14:14 IST on BSE after it reported 72.74% growth in net profit to Rs 104.66 crore on 34.68% rise in total income to Rs 622.01 crore in Q1 June 2008 over Q1 June 2007.
The company announced the result during trading hours today, 21 July 2008.
The stock hit a high of Rs 247.40 and a low of Rs 233 so far during the day. The stock had a 52-week high of Rs 402.90 on 11 December 2007 and a 52-week low of Rs 174.50 on 23 August 2007.
The company has an equity capital of Rs 84.99 crore. Face value per share is Rs 10.
The current price of Rs 247 discounts its Q4 March 2008 annualised EPS of Rs 55.58, by a PE multiple of 4.44.
The company provides long term finance to individuals for purchase/construction/repair and renovation of new/ existing flats/houses. The company also provides finance on existing property for business/personal needs and gives loans to professionals for purchase/construction of clinics/nursing homes/diagnostic centres / office space.
The company announced the result during trading hours today, 21 July 2008.
The stock hit a high of Rs 247.40 and a low of Rs 233 so far during the day. The stock had a 52-week high of Rs 402.90 on 11 December 2007 and a 52-week low of Rs 174.50 on 23 August 2007.
The company has an equity capital of Rs 84.99 crore. Face value per share is Rs 10.
The current price of Rs 247 discounts its Q4 March 2008 annualised EPS of Rs 55.58, by a PE multiple of 4.44.
The company provides long term finance to individuals for purchase/construction/repair and renovation of new/ existing flats/houses. The company also provides finance on existing property for business/personal needs and gives loans to professionals for purchase/construction of clinics/nursing homes/diagnostic centres / office space.
Punjab Tractors good Q1 numbers
Punjab Tractors advanced 11.56% to Rs 223 at 14:08 IST on BSE after posting 580% surge in net profit to Rs 22.44 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 234 and a low of Rs 200 so far during the day. The stock had a 52-week high of Rs 382.70 on 4 January 2008 and a 52-week low of Rs 183.15 on 8 November 2007.
The company has an equity capital of Rs 60.76 crore. Face value per share is Rs 10. The current price of Rs 223 discounts its Q4 March 2008 annualised EPS of Rs 17.56, by a PE multiple of 12.70.
Punjab Tractors’ total income rose 82.12% to Rs 316.70 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in manufacturing, marketing and servicing of tractors. The products include agricultural tractors, self-propelled harvester combines, rice transplanters, forklifts, tractor drawn agricultural implements, gears, spare parts, casting and accessories.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 234 and a low of Rs 200 so far during the day. The stock had a 52-week high of Rs 382.70 on 4 January 2008 and a 52-week low of Rs 183.15 on 8 November 2007.
The company has an equity capital of Rs 60.76 crore. Face value per share is Rs 10. The current price of Rs 223 discounts its Q4 March 2008 annualised EPS of Rs 17.56, by a PE multiple of 12.70.
Punjab Tractors’ total income rose 82.12% to Rs 316.70 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in manufacturing, marketing and servicing of tractors. The products include agricultural tractors, self-propelled harvester combines, rice transplanters, forklifts, tractor drawn agricultural implements, gears, spare parts, casting and accessories.
3i Infotech reboots on new order win
3i Infotech gained 1.81% to Rs 95.80 at 13:41 IST on BSE after the company said Bank of India has selected the company’s anti money laundering software AMLOCK
The company made this announcement during trading hours today, 21 July 2008.
The stock hit a high of Rs 96 and a low of Rs 92 so far during the day. The stock had a 52-week high of Rs 159.90 on 10 January 2008 and a 52-week low of Rs 84 on 24 March 2008.
The company has an equity capital of Rs 130.67 crore. Face value per share is Rs 10.
The current price of Rs 95.80 discounts its Q4 March 2008 annualised EPS of Rs 11.07, by a PE multiple of 8.65.
In June 2008, 3i Infotech acquired a majority stake of 51% in a Mumbai based IT firm Fineng Solutions with a commitment to acquire remaining stake in two tranches over a period of time.
In May 2008, the company acquired 26% stake in Locuz Enterprise Solutions with a commitment to acquire remaining stake over a period of time.
3i Infotech’s net profit rose 83.40% to Rs 36.13 crore on 2.06% growth in net sales to Rs 104.96 crore in Q4 March 2008 over Q3 December 2007.
The company provides information technology (IT) solutions
The company made this announcement during trading hours today, 21 July 2008.
The stock hit a high of Rs 96 and a low of Rs 92 so far during the day. The stock had a 52-week high of Rs 159.90 on 10 January 2008 and a 52-week low of Rs 84 on 24 March 2008.
The company has an equity capital of Rs 130.67 crore. Face value per share is Rs 10.
The current price of Rs 95.80 discounts its Q4 March 2008 annualised EPS of Rs 11.07, by a PE multiple of 8.65.
In June 2008, 3i Infotech acquired a majority stake of 51% in a Mumbai based IT firm Fineng Solutions with a commitment to acquire remaining stake in two tranches over a period of time.
In May 2008, the company acquired 26% stake in Locuz Enterprise Solutions with a commitment to acquire remaining stake over a period of time.
3i Infotech’s net profit rose 83.40% to Rs 36.13 crore on 2.06% growth in net sales to Rs 104.96 crore in Q4 March 2008 over Q3 December 2007.
The company provides information technology (IT) solutions
SCI ahead on shipping ministry's green signal to bonus issue
Shipping Corporation India rose 0.19% to Rs 207.60 at 13:43 IST on BSE after the shipping ministry gave its nod to the company's proposal to issue one bonus equity share for every two shares held.
The company announced this during trading hours today, 21 July 2008.
The stock hit a high of Rs 216 and a low of Rs 203.25 so far during the day. The stock had a 52-week high of Rs 332 on 3 January 2008 and a 52-week low of Rs 154 on 22 January 2008.
The company has an equity capital of Rs 282.30 crore. Face value per share is Rs 10.
The current price of Rs 207.60 discounts its Q4 March 2008 annualised EPS of Rs 35.24, by a PE multiple of 5.89.
Shipping Corporation India (SCI)'s board will discuss the bonus issue proposal at a meeting to be held on 26 July 2008. Earlier, the company's board at its meeting held on 20 May 2008 had approved the proposal to issue bonus shares and decided to forward the proposal to the shipping ministry for its approval.
Shipping Corporation India (SCI)’s net profit declined 19.8% to Rs 813.90 crore on 0.6% rise in net sales to Rs 3726.84 crore in the year ended March 2008 over the year ended March 2007.
SCI, a state-run shipping company, operates and manages a fleet of line vessels, tankers, bulk carriers, passenger vessels and off shore vessels
The company announced this during trading hours today, 21 July 2008.
The stock hit a high of Rs 216 and a low of Rs 203.25 so far during the day. The stock had a 52-week high of Rs 332 on 3 January 2008 and a 52-week low of Rs 154 on 22 January 2008.
The company has an equity capital of Rs 282.30 crore. Face value per share is Rs 10.
The current price of Rs 207.60 discounts its Q4 March 2008 annualised EPS of Rs 35.24, by a PE multiple of 5.89.
Shipping Corporation India (SCI)'s board will discuss the bonus issue proposal at a meeting to be held on 26 July 2008. Earlier, the company's board at its meeting held on 20 May 2008 had approved the proposal to issue bonus shares and decided to forward the proposal to the shipping ministry for its approval.
Shipping Corporation India (SCI)’s net profit declined 19.8% to Rs 813.90 crore on 0.6% rise in net sales to Rs 3726.84 crore in the year ended March 2008 over the year ended March 2007.
SCI, a state-run shipping company, operates and manages a fleet of line vessels, tankers, bulk carriers, passenger vessels and off shore vessels
Petronet LNG slips after flat Q1 outcome
Petronet LNG declined 1.35% to Rs 54.75 at 12:51 IST on BSE after the company posted 2.20% fall in net profit to Rs 105.65 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock had a 52-week high of Rs 121.90 on 4 January 2008 and a 52-week low of Rs 48.35 on 2 July 2008.
The company has an equity capital of Rs 750 crore. Face value per share is Rs 10. The current price of Rs 54.75 discounts its Q4 March 2008 annualised EPS of Rs 6.40, by a PE multiple of 8.55.
Petronet LNG’ total income rose 6.39% to Rs 1662.50 crore in Q1 June 2008 over Q1 June 2007.
Petronet LNG imports, stores and regassifies LNG and sells it. The company has set up the country`s first LNG receiving and regasification terminal at Dahej, Gujarat, and is in the process of building another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 5 million metric tons per annum (MMTPA), the Kochi terminal will have a capacity of 2.5 MMTPA.
The company announced the results during trading hours today, 21 July 2008.
The stock had a 52-week high of Rs 121.90 on 4 January 2008 and a 52-week low of Rs 48.35 on 2 July 2008.
The company has an equity capital of Rs 750 crore. Face value per share is Rs 10. The current price of Rs 54.75 discounts its Q4 March 2008 annualised EPS of Rs 6.40, by a PE multiple of 8.55.
Petronet LNG’ total income rose 6.39% to Rs 1662.50 crore in Q1 June 2008 over Q1 June 2007.
Petronet LNG imports, stores and regassifies LNG and sells it. The company has set up the country`s first LNG receiving and regasification terminal at Dahej, Gujarat, and is in the process of building another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 5 million metric tons per annum (MMTPA), the Kochi terminal will have a capacity of 2.5 MMTPA.
HDIL Strong Q1 results
Housing Development and Infrastructure rose 2.62% to Rs 442.95 at 12:34 IST on BSE after it reported 56.86% rise in net profit to Rs 317.93 crore on 31.89% rise in total income to Rs 588.03 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock had a 52-week high of Rs 1,432 on 10 January 2008 and a 52-week low of Rs 326.50 on 2 July 2008.
The company has an equity capital of Rs 214.27 crore. Face value per share is Rs 10. The current price of Rs 442.95 discounts its Q4 March 2008 annualised EPS of Rs 132.22, by a PE multiple of 3.35.
Earlier, the company's board had approved bonus issue in the ratio of two shares for every seven shares held.
A Wadhawan group realty firm, Housing Development and Infrastructure (HDIL) has significant operations in the Mumbai metropolitan region.
The company announced the results during trading hours today, 21 July 2008.
The stock had a 52-week high of Rs 1,432 on 10 January 2008 and a 52-week low of Rs 326.50 on 2 July 2008.
The company has an equity capital of Rs 214.27 crore. Face value per share is Rs 10. The current price of Rs 442.95 discounts its Q4 March 2008 annualised EPS of Rs 132.22, by a PE multiple of 3.35.
Earlier, the company's board had approved bonus issue in the ratio of two shares for every seven shares held.
A Wadhawan group realty firm, Housing Development and Infrastructure (HDIL) has significant operations in the Mumbai metropolitan region.
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