LATEST BUSINESS NEWS

09-11-2015 Quatyrtly Results :

Bliss GVS, Dwarikesh Sugar, Aditya Birla Nuvo, Alstom India, Allahabad Bank, Alok Ind, BPCL, Butterfly Gandhimati, Ansal Housing, APL Apollo Tubes, Central Bank, Coffee Day , : UFO Movies,STC, Vadilal Ind, VST Tillers, Wabco India, Walchandnagar Ind, Zodiac, Moser Baer, MTNL, Pennar Ind, Pfizer, Linde, Lanco Infra, Lloyd Electric, PTC India Fin, Jain Irrigation, Rolta, Supreme Infra, Saregama, Take, Tata Power, TIL, Timken ,Graphite India, ITI, Indian Hotels, NBCC, Radico Khaitan, NHPC, REC, Kohinoor Foods, Oil India, Orchid Chem, Man Ind, Maxwell Ind, Page Ind, Patel Integrated Logistics ,Balaji Tele, Balkrishna Ind, Bank of India, LT Foods, DCM, Eros Media, FACT, Fedders Lloyd, Havells India, Genesys, Genus Power, Globus Spirits, Hercules Hoist, HPCL

 

ADVANCE STOCKS : 71
DECLINE STOCKS :1042
SAME : 15
TOTAL : 1140

 

WABCO Q2 PAT Rs.48cr vs Rs.31cr yoy

 

ALSTOM INDIA Q2 loss Rs.55cr vs PAT of Rs.86cr yoy (inc exp income of Rs.49cr), vs PAT of Rs.8cr qoq

 

ALLAHABAD BANK Q2 PAT Rs.177cr vs Rs.141cr yoy, vs Rs.147cr qoq

 

SHARON BIO Q2 loss Rs.76cr vs PAT of Rs.18cr yoy

 

Hindalco Industries reports 31% growth in Q2 net profit

The company’s total income has increased by 6.43% to Rs 9342.14 crore for the quarter under review
Hindalco Industries has reported results for second quarter ended September 30, 2015.

The company has reported 31.10% rise in its net profit at Rs 103.27 crore for the quarter ended September 30, 2015 as compared to Rs 78.77 crore for the same quarter in the previous year. The company’s total income has increased by 6.43% to Rs 9342.14 crore for the quarter under review from Rs 8777.66 crore for the corresponding quarter of the previous year.

Hindalco Industries, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.
source : ventura

 

NITIN FIRE Q2 cons PAT Rs.39cr vs Rs.17cr yoy, vs Rs.21cr qoq

 

DCW Q2 PAT Rs.5.6cr vs Rs.3cr yoy (inc exp inc Rs,4cr) vs PAT of Rs.9cr qoq

 

MIC ELECTRONICS Q2 PAT Rs.8cr vs loss of Rs.5cr yoy

 

Today (13.11.15) Declare Q2 results : Zandu Realty, Wockhard, Venus Remedies, TV Today, Sobha, SCI, Jindal Saw, Linc Pen, MMTC, Kaveri Seeds, Nectar Life, Natco Pharma, Prestige Estates,
J&K Bank, IVRCL, EID Parry, GMR Infra, Eveready Ind, Dhanlaxmi Bank, BGR Energy, Coal India, CESC, Bhushan Steel

 

On Wed, FIIs-12cr in Cash,+67cr in FNO. DIIs+11cr in Cash.

 

Today Ceat in ban period in FNO

 

Tata Motors’ Group global wholesales stood at 92,949 in October 2015

The cumulative wholesales for this fiscal were at 571,850 vehicles, higher by 5% over the last fiscal
Tata Motors Group global wholesales in October 2015, including Jaguar Land Rover, were at 92,949 units, higher by 14%, over October 2014. Cumulative wholesales for this fiscal were at 571,850 vehicles, higher by 5% over the last fiscal. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in October 2015 were 31,320 units, lower by 2%, compared to October 2014. Cumulative commercial vehicles wholesales for this fiscal at 211,944 units, lower by 2% over last fiscal.

Global wholesales of all passenger vehicles in October 2015 were at 61,629 units, higher by 24%, compared to October 2014. The cumulative passenger vehicles wholesales for this fiscal at 359,906 vehicles, higher by 10%, over the last fiscal. Global wholesales of Tata Motors’ passenger vehicles in October 2015 were at 13,161 vehicles, lower by 1%, over October 2014. Cumulative wholesales for the fiscal were at 80,241 units, higher by 20%, compared to last fiscal.

The global wholesales for Jaguar Land Rover were 48,468 vehicles (Includes CJLR wholesales). Jaguar wholesales for the month were 9,171 vehicles and cumulative wholesales were 52,060 vehicles, while Land Rover wholesales for the month were 39,297 vehicles and cumulative wholesales were 2,27,605 vehicles. Cumulative wholesales for Jaguar Land Rover for the fiscal were 279,665 vehicles.
source: ventura

 

Shri. Rakesh Jhunjhunwala are part of promoter group of Aptech

 

Nse DRREDDY 24 k @ 3311.95 & 48 k @ 3310.60 total value 24.34 crs (Bulk / Block Deals)

 

NMDC reports 48% fall in Q2 net profit

The company’s total income has decreased by 44.14% to Rs 2028.66 crore for the quarter under review
NMDC has reported results for second quarter ended September 30, 2015.

The company has reported 48.29% fall in its net profit at Rs 810.24 crore for the quarter ended September 30, 2015 as compared to Rs 1566.75 crore for the same quarter in the previous year. The company’s total income has decreased by 44.14% to Rs 2028.66 crore for the quarter under review from Rs 3631.89 crore for the corresponding quarter of the previous year.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
source:ventura

 

RBI allows FIIs to buy up to 49% stake in Prestige Estate Projects

The company has passed resolutions at its Board of Directors’ level, agreeing for enhancing the limit for the purchase of its equity shares by FIIs/RFPIs
Reserve Bank of India (RBI) has notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of Prestige Estate Projects under the Portfolio Investment Scheme (PIS). RBI has further advised that the foreign shareholding by FIIs/RFPIs in Prestige Estate Projects have gone below the revised threshold limit. Accordingly, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect.

The company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/RFPIs.

Prestige Estate Projects is a property development and the flagship company of Prestige Group. Since its formation in 1986, the company has grown swiftly to become one of South India's leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors.
source : ventura

 

CARE revises ratings assigned to bank facilities of Deepak Fertilisers

The credit rating agency has revised the rating for long term instruments to ‘AA-‘ from the existing rating of ‘AA’
Credit rating agency, Credit Analysis & Research (CARE) has revised the rating for long term instruments of Deepak Fertilisers & Petrochemicals Corporation to ‘AA-‘ from the existing rating of ‘AA’. The rating for short term instruments of the company stands unchanged to ‘A1+’.

Deepak Fertilisers and Petrochemicals Corporation is one of the leading manufacturers of industrials chemicals and fertilizers in India. The company operates in three business segments - Chemicals, Fertilizers and Realty.
source : ventura

 

Nse SUNPHARMA 4.96 lacs @ 743.95 value 36.96 crs (Bulk/ Block Deal)