NEWS CATEGORIES
Market opens falt; F&O expity in focus
Source: Capital Market, Thursday, February 23rd, 09:05 AM
Airline stocks will be in focus as government has formally allowed local airlines to import jet fuel directly, it said in a statement on Wednesday, in a major policy move expected to bring down costs for debt-laden carriers. Jet fuel is more than 50% costlier in India, compared to the global avera...Read more »
The Government's objective in the budget should be regaining the growth momentum
Source: Capital Market, Thursday, February 23rd, 09:05 AM
Expectations from the Budget should be looked at against the overall macro-economic background. Further, while the two major tax reforms, i.e. direct and indirect taxes have been defined broadly by the DTC and GST, modifications in the present system have to be consistent with this overall framewo...Read more »
Scrips in news: Hero MotoCorp, Ranbaxy, RIL, DB Realty, Sesa Goa
Source: Capital Market, Thursday, February 23rd, 08:58 AM
India's largest motorcycle maker by sales Hero MotoCorp has entered into a partnership with US-based motorcycle company Erik Buell Racing (EBR). As part of the partnership, Hero MotoCorp will receive support in terms of technology and design to develop future models from EBR - the East Troy, Wisco...Read more »
Polar Industries reports net loss of Rs 1.92 crore in the December 2011 quarter
Source: Capital Market, Wednesday, February 22nd, 06:10 PM
Polar Industries reported net loss of Rs 1.92 crore in the quarter ended December 2011 as against net loss of Rs 0.38 crore during the previous quarter ended December 2010. Sales reported to Rs 0.03 crore in the quarter ended December 2011. There were no sales reported during the previous quarter ...Read more »
MCX IPO subscribed 91% on day one
Source: Capital Market, Wednesday, February 22nd, 05:45 PM
The initial public offer (IPO) of Multi Commodity Exchange (MCX), India's biggest commodity exchange by turnover, was subscribed 0.91 times on day one of bidding for the IPO today, 22 February 2012. The IPO got bids for 49.87 lakh shares. The issue closes on Friday, 24 February 2012.MCX on Tuesday...Read more »
Faze Three net profit rises 12.15% in the December 2011 quarter
Source: Capital Market, Wednesday, February 22nd, 05:40 PM
Net profit of Faze Three rose 12.15% to Rs 2.03 crore in the quarter ended December 2011 as against Rs 1.81 crore during the previous quarter ended December 2010. Sales rose 19.26% to Rs 48.97 crore in the quarter ended December 2011 as against Rs 41.06 crore during the previous quarter ended Dece...Read more »
KSB Pumps net profit rises 35.00% in the December 2011 quarter
Source: Capital Market, Wednesday, February 22nd, 05:40 PM
Net profit of KSB Pumps rose 35.00% to Rs 16.20 crore in the quarter ended December 2011 as against Rs 12.00 crore during the previous quarter ended December 2010. Sales rose 30.79% to Rs 226.36 crore in the quarter ended December 2011 as against Rs 173.07 crore during the previous quarter ended D...Read more »
Starcom Information Technology net profit rises 250.00% in the December 2011 quarter
Source: Capital Market, Wednesday, February 22nd, 05:40 PM
Net profit of Starcom Information Technology rose 250.00% to Rs 0.07 crore in the quarter ended December 2011 as against Rs 0.02 crore during the previous quarter ended December 2010. There were no sales reported in the quarter ended December 2011 and during the previous quarter ended December 2010.Read more »
Deco-Mica net profit declines 26.09% in the December 2011 quarter
Source: Capital Market, Wednesday, February 22nd, 05:40 PM
Net profit of Deco-Mica declined 26.09% to Rs 0.51 crore in the quarter ended December 2011 as against Rs 0.69 crore during the previous quarter ended December 2010. Sales rose 7.28% to Rs 6.93 crore in the quarter ended December 2011 as against Rs 6.46 crore during the previous quarter ended Dece...Read more »
Western Ministil reports net loss of Rs 0.02 crore in the December 2011 quarter
Source: Capital Market, Wednesday, February 22nd, 05:25 PM
Western Ministil reported net loss of Rs 0.02 crore in the quarter ended December 2011 as against net loss of Rs 0.02 crore during the previous quarter ended December 2010. There were no sales reported in the quarter ended December 2011 and during the previous quarter ended December 2010.Read more »
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