Business Standard

Videocon Inds dips 5% post Q4 nos

Read more on:    Videocon Industries | Stock Price
Related News

has dipped 5% to Rs 177 on opening trades after reporting 47% year-on-year (y-o-y) drop in net profit at Rs 86 crore for the quarter ended December 2011 due to loser sales income and higher interest cost.

“Income from operations declined by 2.5% at Rs 3,073 crore, while interest burden increased by 54% at Rs 299 crore on y-o-y basis during the recently concluded quarter,” the company said in a filing to the stock exchanges.

A combined around 15,000 shares have changed hands on the counter on opening deals on both the exchanges.

Read more on:   
|

Read More

IABF to close $120-mn fund this year

India Agri Business Fund (IABF), a $120- million equity fund instituted in 2008 for which Rabo Equity Advisors is an investment advisor, is planning ...

Quick Links

 

Market News

Sugar exports: Industry restive over delays in subsidy revision

For February-March, the rate decided was Rs 3,300 a tonne; that for April-May was to be announced in the last week of March

Sugar output down 4%, says Isma

Indian mills had produced 1.54 mt raw sugar by the end of March and of that 850,000 tonnes was exported

Analysts' corner

India Cements' stand-alone return ratios have remained subdued over the years due to weak profitability

Jaimini Bhagwati: Are stock prices inflated?

Despite what partisan fund managers are projecting, the rise in the Indian equity market has to be evaluated carefully

Delay in fixing sugar export subsidy hitting business: ISMA

Govt had announced a subsidy of Rs 3,300 per tonne on raw sugar exports on February 28

Back to Top