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.
Bharti Airtel top gainer among the Sensex stocks
Investors adopt cautious approach ahead of RBI policy
SGX Nifty was flat at 5,704
Capital goods stocks amongs the worst hit
EBITDA margin for the quarter declined to 16.1% against 17.4% in Q1FY13 mainly due to lower Contribution, impact of one time transactions in Q1 & forex movements.
It is widely expected that RBI will reduce the CRR by 25 basis points
Operating profit margins has improved by almost 500 bps to 13.96% from 9.33% during the recently concluded quarter.
The board fixed October 31, as record date for the purpose of sub division of the equity shares to Rs 2 from Rs 10
The company said it has received a show cause notice from authorities demanding service tax of Rs 34.2 crore.
Q2 EPS stood at Rs 10.03 compared to Rs 15.63 recorded last year
NSE F&O turnover at Rs 77,246 crore
Q2 net profit down 76% at Rs 2.31 crore on year-on-year basi due to higher raw material cost.
Operating profit margins declined to 9.04%in Q2 FY13 from 11.88% in year ago quarter.
Madras Cements, Prism Cement, JK Lakshmi Cement, India Cements and Shree Cement are up 2-5% on the BSE.
The bank¿s gross NPA have increased to 3.42% from 2.56%, while Net NPA rose to 2.04% from 1.89% on quarter on quarter basis.
BHEL, Hindustan Unilever and Tata Motors among the top losers
The company has an outstanding order book position of about Rs 122,300 crore at the end of September 2012 quarter against Rs 132,900 crore in June quarter.
Citigroup in a note said that United Breweries may get added to MSCI India index, Reuters report.
Q2 net profit up 547% at Rs 822 crore on year-on-year basis mainly on higher volumes and rupee appreciation impact.
Q2FY13 EBITDA or operating margins improved to 16.66% as against 15.09% in Q1FY13, an increase of 157 bps.