Speaking to CNBC-TV18, Vineet Nayyar, Vice-Chairman of the company says that Q3 is seeing positive orders traction and business is expected to do well in the second half of the year.
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Global ops will boost biz growth in FY16: Tech Mahindra (19-11-2015)
Govt incentives to aid sales; expect better H2: Triveni (19-11-2015)
Speaking to CNBC-TV18, Tarun Sawhney, Vice-Chairman MD, Triveni Engineering says gap between cost of production and sale price will be filled by the government’s subsidies.
Market will look better in FY17, like Sun Pharma: Macquarie (19-11-2015)
Sandeep Bhatia, Head Of Equity, India at Macquarie said the market is seeing a lead-and-lag phenomenon, where bottom up stock picking approach should be followed.
Sensex sees short covering, Nifty hits 7800; auto stocks up (19-11-2015)
The broader markets also gained strength with the BSE Midcap and Smallcap indices rising 0.5 percent and 0.8 percent, respectively. The market breadth too was positive as about 1316 shares have advanced against 446 declining shares on the BSE.
Sensex, Nifty see short covering on positive global cues (19-11-2015)
The broader markets also gained strength with the BSE Midcap and Smallcap indices rising 0.5 percent and 0.8 percent, respectively. The market breadth too was positive as about 1316 shares have advanced against 446 declining shares on the BSE.
Amtek Auto shares jump 8%, may sell German forging company (19-11-2015)
Shares of Amtek Auto rallied 8 percent intraday Thursday as a media report indicated that the auto ancillary company might garner Rs 6,000 crore by selling its German forging company.
Not perturbed by Infosys warning, still bullish: IDFC Sec (19-11-2015)
Shashi Bhusan, IT Analyst, IDFC Securities continues to remain positive on the stock and expects a 13 percent growth in FY17, with a target price of Rs 1370.
Dr Reddy’s tanks 7% as Lundin Law probes violation of norms (19-11-2015)
The investigation is related to allegations that certain statements issued by DRL were false and misleading concerning the company’s financial performance.
Dr Reddy’s recovers after losing 7% on Lundin Law probe (19-11-2015)
The investigation is related to allegations that certain statements issued by DRL were false and misleading concerning the company’s financial performance.
Phoenix Lamps consolidated Sep ’15 sales at Rs 88.72 crore (19-11-2015)
Phoenix Lamps has reported a consolidated total income from operations of Rs 88.72 crore and a net profit of Rs 4.06 crore for the quarter ended Sep ’15