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.
TCS top gainer amonmg the Sensex stocks, stock up 2%
L&T top gainer among the Sensex stocks
BSE IT, TECk, Healthcare and Bankex indices have gained by nearly 1%
Global cues firm
L&T top gainer among the Sensex stocks
Exide Ind on Friday reported a lower-than-expected net profit at Rs 120 crore in July-September 2012, against analyst expectations of Rs 146 crore.
Q2 net profit up 30% at Rs 306 crore on year-on-year basis on back of higher interest income.
Analysts on average expect the decline in net profit and revenues due to slowdown in domestic two-wheelers demand over the past few months
The real estate company reported six-fold jump in net profit at Rs 82.71 crore for the quarter ended September 2012.
Rain CII Carbon LLC agrees to buy Rutgers, a Belgium-based manufacturer of coal tar pitch for euro 702 million or Rs 4,900 crore.
HMT, ITI, Hindustan Copper, MMTC, STC, Dredging Corporation and Container Corporation are trading higher by up to 5% on the BSE.
Q2 net profit at Rs 65 crore against Rs 31 crore in previous year quarter.
NSE F&O turnover over Rs 1.7 lakh crore
Net NPA improved to 0.13% from 0.31% and gross NPA improved to 1.90% from 2.02% during the second quarter.
As at September 30, 2012, the order book stood healthy at Rs 158,528 crore, of international order book constituted 12% of the total order book.
The board will consider stock split proposal in its meeting on November 1.
A combined 686,844 shares have changed hands so far and there are pending buy orders for 150,785 shares on the BSE and NSE.
EBIDTA margin has declined to 8.11% from 14.92% on quarter-on-quarter basis.
Banks, IT scrips lead gains
EBITDA margin improved substantially to 26.18% from 15.42% during the recently concluded quarter.