Ashok Leyland Ltd reported marginal topline growth of 6% y-o-y to Rs 2495.5 crores, in-line with our estimates, on the back of 10% y-o-y decline in volumes & 18% y-o-y improvement in net realizations. Adj EBITDA remained flat at Rs 235 crores on the back of higher input costs. EBITDA margins declined by 60 bps [...]
CMP Rs. 209.00 BSE Code : 500148 India’s largest flexible packaging company Uflex has been growing with rapid pace on back of strong demand trends globally and increasing manufacturing capacities across its facilities in Egypt, Mexico, Dubai and India. Uflex Ltd has ommissioned an AL-OX coater for Packaging films at its Egypt plant in 6th [...]
Petronet LNG CMP Rs. 139.00 BSE Code: 532522 The company, popularly known as Petronet LNG, is a regasifier of ANG. Considering the increasingly growing demand of gas in India the business volume of this company would definitely grow heaps and bound in future. Its Dahej plant would not face any negative impact regarding marketing of [...]
Simplex Castings was incorporated on 30 Jan.’80 and went public in 1993. It was promoted by H B Shah and Arvind K Shah.The company manufactures heavy castings in grey cast iron, alloy cast iron, stainless steel and steel. The products of the company go mainly to steel plants, power plants, mining and cement plants, Defence [...]
About The Company : The company is the world leader in integrated power plants for the production of electricity and air quality control systems. Alstom has solutions for all energy sources (coal, gas, nuclear, fuel-oil, hydropower, wind) and is a leader in innovative technologies for the protection of the environment (reduction of CO2 emissions, elimination [...]
Bank of Baroda (BOB) declared its results for the first quarter of financial year 2011-2012 (1QFY12). The bank has reported 40% YoY and 20% YoY growth in interest income and net profits respectively. Here is our analysis of the results. Performance summary Net interest income grows by 24% YoY in 1QFY12, on the back of [...]
US markets ended down in the last hour of trade on ongoing concerns over raising US debt ceiling. European markets ended flat. Asian stocks opened mixed. The US equity markets ended down in the last hour of trade on ongoing concerns over raising the US debt ceiling. Market is waiting for August 2. The Dow [...]
Buy Zinc July between Rs 108.50-108.80, stop loss below Rs 108.20, target Rs 110 (CMP Rs 109.50) Sell RM Seed between Rs 2970-2980, stop loss above Rs 3020, target Rs 2910-2885 Buy Gold August at Rs 23135-23145, stop loss below Rs 23090, target Rs 23230
Dabur India Limited has marked its presence with significant achievements and today commands a market leadership status. Our story of success is based on dedication to nature, corporate and process hygiene, dynamic leadership and commitment to our partners and stakeholders. Dabur India Q1FY12 net sales stood up 31% at Rs 1204 crore vs Rs 916.5 [...]
The Indian rupee strengthened by 28 paise to a nearly three-year high of 43 Rupees 90 paise against the US dollar in early trade today. The domestic currency moved in a range between 43.90 and 44.10 rupees per dollar in morning deals. The rupee had appreciated by 22 paise to close at a three-and-a-half month [...]
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