Indian Stock Market

Banking_Sector Update_290408.pdf

GarwareOffshoreQ4FY08.pdf
 

Garware Offsho= re Services Ltd. =96 Q4FY08 result update  

GOSL is an established player in the domestic OSV space having= 6 OSVs in its fleet, which it plans to expand to 11 by FY09. &= nbsp;

GOSL's stand-alone net revenues in Q4FY08 rose 21% to Rs23= 4mn, which was restrained by dry docking of Everest [...]

welguj_0408.pdf

Welspun Gujarat=20 Stahl Rohren Ltd (Q4 =20 FY08)
 
=E4  &n= bsp;   =20 Revenue=20 surged 68.6% yoy in Q4 FY08 and 49.7% for FY08
=E4  &n= bsp;   =20 OPM for=20 Q4 FY08 expanded 350 bps yoy, but down 80 bps qoq
=E4  &n= bsp;   =20 Successfully commissioned its=20 plate mill facility at Anjar=
=E4  &n= bsp;   =20 Net=20 profit soars by 146.3% yoy to Rs1,022mn
 

gskcons_04081.pdf

Gla= xoSmithKline=20 Consumer Healthcare Ltd (Q1 F12/08)
 
=E4=       =20 Records=20 highest revenue growth of 26% yoy in last five years, led by 17% volume and= 9%=20 price growth.
=E4=       =20 Higher=20 raw material cost and adspend restricts margin expansion.
=E4=       =20 Net=20 profit rose by 34% yoy at Rs566mn, led by strong topline growth and higher = [...]

MindTree in deal with Arcelor
MindTree Ltd said Monday it signed a multi-year IT Offshoring agreement with ArcelorMittal. Under this agreement, MindTree will deliver IT services to ArcelorMittal’s Western European operations in partnership with Sopra Group who are an incumbent provider to ArcelorMittal.
In this program, MindTree will partner ArcelorMittal to consolidate current subcontractor activities with an [...]

Pharmaceutical and bio-tech major Wockhardt Ltd on Monday posted its consolidated sales for the first quarter ended March 31, 2008 at Rs 785.7 crore, a jump of 50.3 per cent over the previous year’s period.
Its net profit for the reviewed period stood at Rs 78.8 crore, which is a rise of 18.9 per cent over [...]

Local factors have taken precedence and the Reserve Bank of India has left the repo and reverse repo rate untouched. The central bank has, however, gone in for another 25 basis points (bps) hike in CRR to 8.25 per cent in the annual policy announced on Tuesday. This will drain the system of Rs 8,000 [...]

3i infotech to buy Regulus for 80M $

DLF, a leading real estate player in the country, plans to invest Rs 1,250 crore for the expansion of its multiplex business. The company has planned to add at least 500 screens in the next four to five years across the country.
DLF’s entertainment wing DT Cinemas will set up a megaplex, which will have 12 [...]

IFCI board may discuss stake sale on Apr 29

Pregnant women will be able to insure their unborn babies against birth defects and death under a new policy, a report said today.
The insurance company ING has devised a baby policy for women aged 16 to 40 which will deliver payouts of up to $50,000 for babies born with down’s syndrome, spina bifida or a [...]

Reliance Industries

Reliance Power Ltd, on April 25, 2008 annouced date of closure of its Register of Members from June 03, 2008 to June 05, 2008 for the purpose of determining the entitlement of shareholders to the Bonus shares to be issued by the Company.
As approved by the shareholders of the Company, the Company will issue Bonus [...]

Media and entertainment house Pyramid Saimira today said it will list its film production unit, Pyramid Saimira Production International Ltd, on the bourses to raise up to Rs 1,800 crore, for which the prospectus will be filed in the next 3-4 months.
“The prospectus is ready and we will file it with the SEBI in the [...]

Bharti Airtel announced its results yesterday. Its Profit surged 40% to 1800Crs compared to 1300Crs in corresponding quarter. Margin remained high this Q too
Bharti Airtel is currently priced low compared to other peers and considering the leadership position it enjoys Buying can be considered.