Asset quality at risk amid strong performance… Axis Bank (AXB) declared a robust set of results beating our estimates. AXB reported 60% YoY PAT growth to Rs 581 crore (I-direct estimate of Rs 435 crore). The buoyancy in the PAT can be attributed to huge treasury gains of Rs 166 crore coupled with better operating [...]
About the company The company has been in lime light in its working field and as well as in the capital market. The stock has been highly fancied among the investors and traders and had been highly volatile after the Nuclear deal finalization. About The Results Rolta India posted its financial results for the third [...]
Stock Advice On India Oil & Gas – ANAND RATHI Mar ’09 quarter results preview Expect low margins to continue. Q4FY09 results would be struck by lower yoy refining and petrochemicals margins; lower realizations for the crude producer will continue. Positive aspects would be the qoq fall in under-recoveries, no upstream subsidy and inventory gains [...]
Poor visibility on soda ash business Tata Chemicals (TCL) management shared cautious outlook on their soda ash business in near future in our recent meeting with company’s key management. Management maintained their view of 10-15% drop in soda ash sales volumes due to recent economic slowdown. However future outlook on global soda ash prices remains [...]
J.K. Lakshmi Cements (Code: 500380) :- One of the leading cement manufacturer of the countr J.K. Cements has rich experience of 25 years in the sector. Company sales its products with the brandname of J.K. Laxmi. It has net work of 1500 dealers across the country including Gujarat, Rajasthan, Delhi, Haryana, U.P., Uttaranchal, Punjab, Jammu-Kashmir,
REC (Code: 532955) :- REC was established in 1969 and GOI has holding of almost 82 per cent in the company. The company is planning to provide finance services to creators of transmission and distribution network. Company has equity capital of Rs. 858.66 crores. During Q3 ended in December, 2008 company has earned net profit [...]
About The Company The stock has been on the lime light for long time and been fancied among the investors. About The Financials The financial performance of Thermax for the third quarter ended 31st Dec 2008, on a QoQ has been better than its performance when compared on a
About The Company Gontermann Peipers India Ltd (GIP) was promoted in technical and financial collaboration with Gontermann-Peipers GmbH, Germany, a front-ranker in the manufacture of Rolls – casting and forging rolls. In 1981 the company was taken over by the Ispat Group. The promoters and their various companies hold 55.13% of the equity.
About The Company Assam Company is in the business of cultivation, manufacture and sale of tea. It is also engaged in the business of oil and gas exploration. The stock has been in lime light during the boom period in the capital market and was most fancied stock among the traders.
Pantaloon Retail (Code : 523574) : Kishore Biyani-promoted Future Group retail ubsidiary Pantaloon Retail recorded positive Same Store Sales (SSS) for the two consecutive months of January and February 2009. Amidst the ongoing economic slowdown, Pantaloon’s Lifestyle Retailing Segment sprung a surprise registering higher SSS growth than Value Retailing in January. It will open 25-30 [...]
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