Archive for March, 2009
Financial Results- Corporate….
• Neelkanth Technologies reports no net profit or loss in the December 2008 quater • Kadvani Securities reports net loss of Rs 0.09 crore in the December 2008 quater • Kadvani Securities net profit rises 50.00% in the September 2008 quarter • Mysore Cements net profit rises 192.57% in the December 2008 quarter • Vindus [...]
Corporate Hot News…
• Aban Offshore leads gainers in ‘A’ group • Sasken Communication rings loud • Tata Motors in top gear • Sadbhav Engineering builds on rights issue plan • Accenture’s weak guidance takes its toll on IT piovtals • Hike in zinc prices lifts Hindustan Zinc • Akruti City slumps as volumes dwindle • Edserv Softsystems [...]
Today’s Market Commentary/Highlights…
Today’s market closed marginally higher after witnessing volatile trade throughout the day closed above 10000 mark. Buying was seen in metal, pharma, banks, auto, realty and capital goods stocks. However, IT and capital goods stocks witnessed selling pressure. The Sensex and Nifty gained 12% and 10.5% respectively. The Sensex closed up 45.39 points or 0.45% [...]
Corporate results,,,,financial
• JIK Industries reports net loss of Rs 2.59 crore in the December 2008 quarter • Goodyear India reports net loss of Rs 0.07 crore in the December 2008 quarter • Lalit Polymers & Electronics reports net loss of Rs 0.05 crore in the December 2008 quarter • Frontline Corporation net profit rises 107.50% in the December 2008 [...]
Hot corporate news…
• Crompton Greaves leads gainers in ‘A’ group • Orchid Chemicals moves north on buyback of overseas bonds • Crompton Greaves rebounds after a steep slide • TCS soars • Rain Commodities vaults ahead of board meeting for buyback • Novartis moves past the open offer price • Auto shares on a joy ride amid expectations of good monthly sales • Phoenix Mills [...]
Inflation falls to 0.24%
Inflation for week ended 14-march has fallen to 0.24% against its previous week 0.44%. This fall was majorly driven by high base effect corresponding to previous year. In realty wholesale price index has gone up by 0.3 points and ended at 227 compared to previous week where it was closed at 226.7 points. Because of [...]
Realty Prices moves southbound & down 40-50%
There is a good news for those willing to buy home. Realty prices have come down by 40-50% In some areas in Mumbai which were costing around 5000-5500 have came down to 2500-3300 Buyers are coming back to the market but only at lower prices. We have learnt that this price reduction is because developers [...]
