Archive for August, 2012
CITY UNION BANK BSE Code: 532210 | Volume: 23271 | CMP: Rs 50 The Q1FY13 results of City Union Bank were slightly better than street expectations. Net Interest Income showed a healthy increase of 15 per cent on a YoY basis for Q1FY13 while PAT grew 26 per cent on a YoY basis. Strong growth […]
PIRAMAL GLASS BSE Code: 532949 | Volume: 11030 | CMP: Rs 96.50 With a complete transformation of its product bouquet, Piramal Glass (PGL) is shifting from the commoditized low margin Speciality Food & Beverages and Pharma segments to the stable high margin Cosmetics & Perfumery (C&P) segment. The company is attempting to enhance the share […]
Castrol India Ltd has informed BSE that September 05, 2012 has been fixed as the Record Date for the purpose of issue of Bonus Shares in the ratio of 1:1.
Chartered Logistics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 03, 2012, inter alia, to transact the following : 1. To discuss, consider and approve the Balance Sheet, Profit and loss account along with Schedule and notes to account and the Cash Flow […]
Orissa Minerals Development Company Ltd (OMDC) has informed BSE that a meeting of the Board of Directors of the Company will be held on September 03, 2012, to consider the issue of Bonus Shares of the Company. The Board of Directors of the Company at its meeting held on August 27, 2012, approved the increase […]
Analysts on Bharti Airtel We remain buyers on Bharti Airtel because we believe that the current phase of price cutting that we are seeing in telecom is more a strategic price cutting exercise that the three leaders are indulging in to make sure that other people stay out of the coming auction. The challenge with […]
Lanco Infratech, BSE/NSE Code 532778/LITL, with a face value of Re 1, is currently trading at Rs 12.50 per share. Its 52-week high/low stand at Rs 25 and Rs 8 respectively. Lanco Infratech engages in engineering, procurement and construction (EPC) projects, as well as in the power, solar energy, natural resources, infrastructure and property development businesses, primarily in […]