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Monday 30 May 2011

Camlin buy Now

Camlin promoters are planning to sell some stake to Japan’s Kokuyo Company at Rs 110-115 per share. Buy now for good gains 

NMDC Results

NMDC reported net profit of Rs 20.98 crore for the quarter ended March 2011 as against Rs 10.65 crore in the corresponding quarter a year ago. Net sales were at Rs 37.69 crore as compared to Rs 19.83 crore

JK Cement results

JK Cement reported net profit of Rs 53.55 crore for quarter ended March 2011 as compared to Rs 43.90 crore in the same period a year ago. Total income was at Rs 679.70 crore as against Rs 543.28 crore

Kamdhenu Ispat results

Kamdhenu Ispat reported net profit of Rs 2.84 crore for the year ended March 2011 as compared to Rs 1.93 crore in the same period a year ago. Total income was at Rs 383.13 crore as against Rs 368.92 crore

Mahindra & Mahindra results

Mahindra & Mahindra posted net profit of Rs 606.54 crore for the quarter ended March 31, 2011 as compared to Rs 570.26 crore in the same quarter a year ago. Total Income increased to Rs 6825.57 crore from Rs 5322.75 crore

Simplex Infrastructure results

Simplex Infrastructure reported net profit of Rs 36.98 crore for the quarter ended March 2011 against Rs 45.93 crore in the corresponding quarter a year ago. Net sales were at Rs 1365.38 crore as compared to Rs 1250.98 crore

Indian Oil Corporation Results

Indian Oil Corporation reported standalone net profit of Rs 7445.48 crore for the year ended March 2011 against Rs 10220.55 crore a year ago. Net sales increased to Rs 302954.37 crore from Rs 250894.44 crore.

Unitech Results

Unitech’s net profit for year ended 2011 fell to Rs 567.66 crore, down 16 per cent from Rs 675.05 crore a year ago. Total income was at Rs 3187.09 crore for the 2011 period as compared to Rs 2956.84 crore a year ago

Pipavav Shipyard Results

Pipavav Shipyard reported standalone net profit of Rs 39.77 crore for the year ended 2011 as compared to loss of Rs 48.82 crore. Total income was at Rs 867.61 crore as against Rs 629.38 crore in the same period a year ago.

Tata Motor Results

Tata Motors reported that its full-year profit more than trebled, driven by a strong performance of British luxury brands, Jaguar and Land Rover. India's largest truck and bus maker posted a consolidated net profit of Rs 9,274 crore for the fiscal year ended March, compared with Rs 2,571 crore a year ago.

Ansal Properties & Infrastructure Results

Ansal Properties & Infrastructure reported standalone net profit of Rs 76.15 crore for the year ended March 2011 against Rs 67.32 crore a year ago. Net sales were at Rs 1051.01 crore compared to Rs 698.09 crore

Core Projects and Technologies Results

Core Projects and Technologies reported standalone net profit of Rs 123.70 crore for the year ended March 2011 against Rs 111.84 crore a year ago. Net sales were at Rs 515.59 crore as against Rs 417.95 crore.

Crompton Greaves has acquired US-based QEI Inc

Crompton Greaves has acquired US-based QEI Inc. at an enterprise value equivalent to $ 30 million. The company will make an upfront payment of $24 million and remaining $6 million will be paid as a conditional “Earn-Out” amount

Gujarat State Petronet results

Gujarat State Petronet reported standalone net profit of Rs 506.38 crore for the year ended March 2011 against Rs 413.76 crore a year ago. Net sales were at Rs 1039.10 crore for the year against Rs 991.97 crore last fiscal.

Polaris Gets Order from RBI

The Reserve Bank of India has chosen Polaris to implement its Intellect Core Banking System across the bank. The end-to-end implementation includes system integration and maintenance of software for a period of ten years. The deal is valued at $ 55 million.

Reliance Communications has drawn final tranche from China Development Bank

Reliance Communications has drawn final tranche of Rs 1,200 crore ($ 266 million) from China Development Bank underwritten facility of Rs 8,700 crore

Va Tech Wabag Results

Va Tech Wabag reported standalone net profit of Rs 39.10 crore for quarter ended March 2011 as compared to Rs 35.32 crore in the corresponding quarter a year ago

Reliance Power Results

Reliance Power reported consolidated net profit of Rs 760.44 crore for the year ended March 2011 against Rs 683.89 crore a year ago. Net sales were at Rs 1054.76 crore for the year against Rs 20.72 crore.

Educomp Solutions has tied-up with Universal Learn

Educomp Solutions has tied-up with Universal Learn to jointly facilitate setting up of 30 Vasant Valley Schools across India

Gitanjali Gems results

Gitanjali Gems reported net profit of Rs 224.60 crore for the year ended March 2011 against Rs 142.09 crore in the same period a year ago. Net sales were at Rs 5122.47 crore as compared to Rs 3354.97 crore

Havells Results

Havells India reported net profit of Rs 242.05 crore for the year ended March 2011 against Rs 228.16 crore a year ago. Net sales were at Rs 2881.65 crore as compared to Rs 2473.52 crore.