Mkts to correct 5-7% from current levels: Dipan Mehta
Dipan Mehta, Member, BSE & NSE
Archive for July 25th, 2008
Andhra Bank Q1 net profit at Rs 77.6 cr
Andhra Bank has announced its results for the quarter ended June 2008 (Q1). The bank’s Q1 net profit was at Rs 77.6 crore versus Rs 141.1 crore.
Source : MoneyControl
Birla Cotsyn IPO Allotment Status
Birla Cotsyn IPO Allotment Status is ready and can be checked here (CLICK HERE)
Sensex, Nifty end down 3%; Bankex, Oil&Gas slip 5%
Markets sink deep in red on the back of continued profit booking and weak global cues. Markets ignored stability in crude price and steady inflation numbers. The BSE bank, oil & gas, realty and capital goods stocks witness heavy selling pressure. Power, metal, auto and IT indices were also closed negative. More pressure was seen from domestic financial institution and life insurance companies. However, in this free fall BSE midcap and small cap indices were marginally down.
Buy Reliance at Rs 2000-2025: Baliga
Ambareesh Baliga of Karvy Stock Broking is of the view that one should buy Reliance Industries at Rs 2000-2025 with long term perspective.
Book profits in Bharti Airtel at Rs 850-860: Baliga
Ambareesh Baliga of Karvy Stock Broking is of the view that one can book profits in Bharti Airtel at Rs 850-860.
Educomp to deploy Rs 250cr this year
Educomp Solutions had standalone net sales at Rs 69.4 crore versus Rs 29.5 crore. The company’s Q1 standalone net profit was at Rs 16.8 crore versus Rs 6 crore.
Reliance Power Q1 net profit at Rs 61.2 cr
Reliance Power has announced its results for the quarter ended June 2008 (Q1). The company’s consolidated net profit at Rs 61.2 crore.
The company’s Q1 total income is Rs 80.6 crore
Source : MoneyControl
HUL Q2 net profit at Rs 558 cr
Hindustan Unilever has announced its results for the quarter ended June 2008 (Q2). The company’s Q2 standalone net profit was at Rs 558 crore versus Rs 493 crore on YoY basis.
The company’s standalone net sales were at Rs 4215.6 crore versus Rs 3481.4 crore on YoY basis.
Godrej Consumer Q1 cons net profit at Rs 39.1 cr
Godrej Consumer Products has declared its consolidated results for the quarter ended June 2008 (Q1). The company’s consolidated net sales were at Rs 361.6 crore versus Rs 286.3 crore.
The company’s Q1 consolidated net profit was at Rs 39.1 crore versus Rs 38.6 crore.
Alstom Projects Q1 net profit at Rs 18.3 cr
Alstom Projects has announced its standalone results for the quarter ended June 2008 (Q1). The company’s standalone net profit was at Rs 18.3 crore versus Rs 17.5 crore on YoY basis.
Gateway Distriparks Q1 net up at Rs 20.8cr
Gateway Distriparks has declared its first quarter results. Its consolidated net profit was up at Rs 20.8 crore versus Rs 18.58 crore, YoY.
The consolidated net sales were up at Rs 96 crore versus Rs 48.3 crore, YoY.
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