The power producer has reported a consolidated net profit of Rs 98.98 crore for September quarter against loss of Rs 527.5 crore in year-ago period, driven by strong operational performance and favourable power tariff order.
Posts tagged MC
Lanco Infratech up 20% on profit in Q2 after 3-year of loss (24-11-2015)
Examining options to recover Gammon Infra dues: Canara Bk (24-11-2015)
The bank has lent close to Rs 2000 crore to the infra company.
Diageo has much to explain to United Spirits investors: SES (24-11-2015)
JN Singh of SES says Diageo has not been making full disclosures to shareholders unless it was left with no option. Also, had the related parties transaction (RPT) rule not existed, it would not have made any disclosures even now.
Expect H2FY16 to be better than H1: Deccan Cements (24-11-2015)
The company sold about 6.7 lakh tonnes in the first half of this fiscal, says RVA Narasimha Rao, CFO of Deccan Cements.
Sensex, Nifty consolidate; HUL, ONGC, Coal India gain (24-11-2015)
The market is still down as the Sensex is up 26.28 points or 0.1 percent at 25845.62. The Nifty is up 3.65 points at 7852.90. About 1327 shares have advanced, 845 shares declined, and 164 shares are unchanged.
Crude may hit $35/bbl in near-term: Fat Prophets (24-11-2015)
On the Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for December 4th, David Lennox of Fat Prophets says he expects no significant cuts in production going forward and that the trend in brent crude is still bearish.
Japan Nov flash manufacturing PMI rises to 52.8 (24-11-2015)
The Markit/Nikkei Japan Flash Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 52.8 in November from a final 52.4 in the previous month.
Bosch falls 3%, Credit Suisse initiates with underperform (24-11-2015)
The brokerage is concerned on growth of diesel cars as share of diesel variants has already come off in the past two years and it may fall further.
Sensex, Nifty choppy ahead of FO expiry; HDFC, RIL lead (24-11-2015)
HDFC was the leading contributor to Sensex’s gains, up 1.6 percent followed by Reliance Industries, HDFC Bank, Axis Bank, ONGC, HUL and Lupin with 0.5-1 percent.
Nifty to fall below 7500 if Q3 disappoints; GST key: Kumar (24-11-2015)
Independent market expert Ratnesh Kumar says levels of 7500 on the Nifty could be breached if the Q3 numbers don’t improve.