The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Oil& gas, realty shares lead
Asian shares ended higher on global growth recovery optimism
Asian shares ended higher on global growth recovery optimism
BSE Consumer Durable index has surged by almost 2%
Selling pressure seen in auto stocks
Healthcare, IT indices among top gainers on the BSE
Bse-Banks, real-estate gained most on BSE
Idea Cellular to react today post Q3 results announcement
Bankex and metal hold on to gains
Bankex and metal hold on to gains
Q3 net profit jump five-fold to Rs 213 crore agaisnt Rs 45 crore in a year ago quarter on account of growth across all business verticals.
Q3 net loss at Rs 189 crore against profit of Rs 77 crore mainly due to employee liabilities of Rs 121 crore.
Reported net profit of Rs 45 crore in December 2012 quarter against Rs 22 crore in a year ago quarter.
Q3 consolidated net profit up 51% year-on-year to Rs 119 crore due to higher other income and lower interest cost.
The declining performance of Incevik, key product of one of its customer would not have significant impact on the performance for the current year.
The stock has underperformed the market by falling 27% in past one-week compared to a marginal 0.24% gain in benchmark Nifty.
The board meet on February 12, 2013, to consider and take a decision on buy back of equity shares of the company.
EBITDA grew 5% to Rs 158 crore in the third quarter of FY13 from Rs 151 crore in a year ago period.
Q3 net profit more than doubled to Rs 119 crore from Rs 51 crore in a year ago quarter.
The company received Rs 234 crore order from Hutti Gold Mines Company Limited (HGML) for construction of a circular shaft.