Dividend Announced - DSP Blackrock Equity Fund

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Finance ministry to pay Rs 8000 cr oil subsidy

The finance ministry has agreed to pay Rs 8,000 crore (USD 1.74 billion) to state-run oil retailers in the December quarter for selling fuel at government-set cheaper rates, Oil Minister Jaipal Reddy said on Monday.

The payout, which is less than the Rs 10,000 crore sought by the oil ministry, will be released pending parliamentary approval and is intended to partly offset losses on sales of diesel, cooking gas and kerosene at government-set rates.

Of the Rs 8,000 crore approved by the finance ministry, Indian Oil Corp would get around Rs 4,400 crore, Bharat Petroleum Corp around Rs 1,800 crore, and Hindustan Petroleum Corp around Rs 1,700 crore.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Shree Cement Q3 net profit down 83.53% at Rs 27.5 cr

Shree Cement has reported net profit of Rs 27.5 crore for the quarter ended December 2010, down 84% compared to Rs 167 crore in same period of last year.

Revenue too fell to Rs 780 crore from Rs 866 crore. Earning before interest, depreciation, tax and amortisation (EBIDTA) went down to Rs 160 crore from Rs 352 crore (YoY).

Average cement realisations fell 11% (YoY).

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DB Realty Q3 cons net profit down at Rs 109 cr

Mumbai based realty firm DB Realty has reported consolidated net profit of Rs 109 crore in quarter ended December 2010 as against Rs 120 crore in previous quarter.

Consolidated net sales too declined to Rs 273 crore versus Rs 338 crore on quarter-on-quarter basis.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NTPC Q3 net profit up at Rs 2,372 cr

Country's largest power generation company NTPC has reported net profit of Rs 2,371.5crore in quarter ended December 2010 as against Rs 2,365 crore in same quarter the previous year.

Net sales jumped to Rs 13,421.3 crore from Rs 11,183.7 crore during same period.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Central Bank of India Q3 net profit up at Rs 404 cr

Public sector bank Central Bank of India has reported net profit of Rs 404 crore in quarter ended December 2010 as against Rs 306 crore in same period the previous year.

Net interest income jumped to Rs 1,432 crore from 730 crore during same period.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Rolta Q2 cons PAT at Rs 78 cr

Software development and services company Rolta has reported consolidated profit after tax, excluding exceptional gain, of Rs 78 crore in quarter ended December 2010 as against Rs 75 crore in previous quarter.

Consolidated revenues increased to Rs 441 crore in Q2FY11 as against Rs 427.5 crore in previous quarter.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Canara Bank Q3 net profit up 5% at Rs 1,106 cr

State-run Canara Bank has reported a net profit of Rs 1,106 crore in quarter ended December 2010, a growth of 5.08% as against Rs 1,052.5 crore in December 2009.

Net interest income jumped by 43.4% to Rs 2,119 crore from Rs 1,477.7 crore during same period.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Colgate Q3 net profit down 43% at Rs 66.2 cr

FMCG firm Colgate has reported a net profit of Rs 66.2 crore in quarter ended December 2010, down 42.93% from Rs 116 crore in December quarter of 2009.

During same period, net sales jumped to Rs 558 crore from Rs 491 crore (YoY).

The company paid tax of Rs 25 crore in Q3FY11 as against Rs 6 crore in Q3FY10.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Andhra Bank Q3 net profit up 20% at Rs 331 cr

State-run Andhra Bank announced a 20.2% growth in Q3FY11 net profit of Rs 331 crore as against Rs 275.4 crore in quarter ended December 2009.

Net interest margin stood at 3.91% as on December 31, 2010.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dabur India Q3 cons net profit up at Rs 154 cr

India's fourth largest FMCG company Dabur India has reported consolidated net profit of Rs 154 crore in quarter ended December 2010 as against Rs 139 crore in same quarter of 2009.

Consolidated net sales increased to Rs 1,080 crore from Rs 926 crore during same period.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Indian Hotels Q3 net profit slips to Rs 50 cr

Tata Group company Indian Hotels has reported a net profit of Rs 50.3 crore in quarter ended December 2010 as against Rs 64.9 crore in same period the previous year.

Net sales went up to Rs 485 crore in third quarter of FY11 from Rs 422 crore in same quarter of FY10.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Jindal Saw Q3 net profit down at Rs 125 cr

Jindal Saw, a flagship company of OP Jindal Group, has reported a net profit of Rs 125 crore in third quarter of FY11 as against Rs 168 crore in same quarter of FY10.

Net sales too slipped to Rs 1,063 crore from Rs 1,371 crore during same period.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral performance during week 24th Jan to 28th Jan 2011

Major Sectoral Losers:
REALTY: -8.65%
HEALTHCARE: -5%
AUTO: -5%
METAL: -3%
OIL & GAS: -3%
CAPITAL GOODS: -3%
FMCG: -3%


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during week 24th Jan to 28th Jan 2011

US Stock Markets:
DJI: -063%
NASDAQ: -0.29%
S&P 500: -0.70%
NYSE Composite: -0.55%

European Markets:
FTSE 100: -0.47%
CAC 40: -0.47%

Asian Markets:
NIKKEI 225: -0.14%
HANG SENG: -1.32%
SSE COMPOSITE: 2.45%
SENSEX: -3.21%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the week 24th Jan 2011 to 27th Jan 2011

FII Purchases/ Sales (Figures in Crore)

Purchases:
24/01/2011: 37.60
25/01/2011: 194.90
26/01/2011: 428.30

Sales:
27/01/2011: -1397.40

**Net Sales of FII during the week 736.60 crores.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Company Results on 1st February, 2011

Source: www.bseindia.com

Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Important US Economic Data Releases for the Week 31st January to 4th Feb 2011

Monday
Personal Income and Outlays
Chicago PMI

Tuesday
Motor Vehicle Sales
ICSC-Goldman Store Sales
ISM Manufacturing Index
Construction Spending

Wednesday
ADP Employment Report
EIA Petroleum Status

Thursday
Monster Employment Index
Jobless Claims
Productivity and Costs
Factory Order
ISM Non Manufacturing Index
EIA Natural Gas Report
Ben Bernanke Speak
Money Supply

Friday
Employment Situation

Source: www.sharetipsinfo.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Prudential Floating Rate Declares Dividend

ICICI Prudential Mutual Fund has approved the declaration of dividend under quarterly dividend option of ICICI Prudential Long Term Floating Rate - Plan A, Plan B and Plan C. The quantum of declaration will be 1.492% under Plan A, 1.565% under Plan B and 1.686% under Plan C.

The record date is January 27, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Dividend Declaration under IDFC SSI Medium Term A

IDFC Mutual Fund has approved the declaration of dividend under bi-monthly dividend option of IDFC Super Saver Income Fund - Medium Term - Plan A. The quantum of declaration will be 0.623%.

The record date is January 28, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Markets Today - 31/01/2011 - Disclaimer Post Applies

In today trading sessions, market was quite volatile during first half and towards second half we have observed recovery and closing with marginal negative. The recovery was mainly on account of activity on 5,400 PE strike price was 2x the call options. On options front, higher activity was seen at higher levels in call options and more Put writing at lower strike price, which indicates market to trade in a narrow range with limited downside from current levels. We expect market to bottom out for the near term for currents levels because of PE concentration at 5,500 and 5,400. However, we also do not except any major upside in the market because of call open interest at 5,500 to 5,700 strike price. The strategy to be adopted by an trader would be to initiate fresh Buy at current levels and sell at every rise.   

India VIX (Inverse relationship between Nifty and Indian VIX)

·         Volatility for 31^st January, 2011 close at 23.4 which is 3.7% higher as compared to previous close, after touching an intraday high of 24.7 and low of 22.6

Maharashtra Seamless Q3 net profit up at Rs 76 cr

India's largest seamless steel pipes manufacturer Maharashtra Seamless has reported net profit of Rs 75.7 crore in quarter ended December 2010 as against Rs 72.2 crore in same period the previous year.

Net sales increased to Rs 405.8 crore in Q3FY11 versus Rs 370.5 crore in third quarter of FY10.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

JM Financial Q3 cons net profit up at Rs 60 cr

An integrated financial service group JM Financial has reported consolidated net profit of Rs 59.5 crore in quarter ended December 2010 as against Rs 57.5 crore in previous quarter.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

GVK Power Q3 cons net profit down at Rs 42 cr

Hyderabad-based GVK Power has reported consolidated net profit of Rs 42 crore in third quarter of FY11 as against Rs 46 crore in same period the previous year.

Consolidated net sales too declined to Rs 459 crore in December ended quarter of 2010from Rs 474 crore in same quarter the previous year.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Declaration under Edelweiss Absolute Return Fund

Edelweiss Mutual Fund has approved the declaration of dividend under the dividend option of Endelweiss Absolute Return Fund. The quantum of declaration will be 1.65%.

The record date is January 28, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Sun Pharma Q3 cons net profit up at Rs 350.1 cr

India's largest drug maker by market cap Sun Pharma has reported consolidated net profit of Rs 350.1 crore in December quarter 2010 as against Rs 338.9 crore in same period the last year.

Consolidated net sales increased to Rs 1,601.1 crore from Rs 1,020.9 crore (YoY).

Other income too jumped to Rs 25.8 crore in third quarter of FY11 as against Rs 9 Cr (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

GNFC Q3 PAT up 48% at Rs 88.3 cr

Gujarat Narmada Valley Fertilizers has announced its third quarter results. The company's Q3 revenues were up 8.9% at Rs 833.9 crore versus Rs 765.9 crore, YoY.

Its PAT was up 47.9% at Rs 88.3 crore versus Rs 59.7 crore.

Its EBIDTA margin was up at 18.5% versus 15.1%.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

35% Dividend under Magnum Equity Fund

SBI Mutual Fund has approved declaration of dividend under the dividend option of Magnum Equity Fund. The quantum of declaration will be 35%.

The record date is January 28, 2011.

Source: http://www.valueresearchonline.com/


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

GIC Housing Fin Q3 net profit up at Rs 57.3 cr

GIC Housing Finance has declared its third quarter results. The company's Q3FY11 net sales were up 12.6% at Rs 83 crore versus Rs 73.7 crore, year-on-year, YoY.

Its net profit was up 2.7 times at Rs 57.3 crore versus Rs 15.5 crore.

Its includes profit on sale of long term investment at Rs 88.5 crore versus Nil

Additional provision for contingencies at Rs 40 crore versus Nil.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

20% Dividend under Kotak 50

Kotak Mutual Fund has announced a dividend of 20% under the dividend option of Kotak 50.

The record date is January 27, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Change in Exit Load under Pramerica Equity and Dynamic Fund

Pramerica Mutual Fund has announced a revision in exit load under Pramerica Equity as well as Pramerica Dynamic Fund, with effect from January 24, 2011.

Now, exit load will be 1% if redeemed within 365 days from the date of allotment and Nil if redeemed after 365 days from the date of allotment.

Earlier, the exit load used to be 2% if redeemed within 365 days from the date of allotment, 1% if redeemed after 365 days but within 730 days from the date of allotment and Nil if redeemed after 730 days from the date of allotment.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Shriram Transport Q3 net profit up at Rs 301 cr

Shriram Transport Finance Corporation has come out with its third quarter numbers. Its Q3 net profit was up at Rs 301 crore versus Rs 236.8 crore.

It income from operation was up at Rs 1,370 crore versus Rs 1,147 crore.

Source: http://www.moneycontrol.com/

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Hotel Leela Q3 net profit at Rs 22 cr

Hotel Leela Venture has announced its third quarter results. Its Q3 net profit was down at Rs 22 crore versus Rs 29 crore.

Its net sales were up at Rs 144 crore versus Rs 126 crore.

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Ind-Swift Labs Q3 net profit at Rs 24.6 cr

Ind-Swift Laboratories has announced its third quarter results. Its Q3 net profit was at Rs 24.6 crore versus Rs 13.4 crore.

Its net sales were up at Rs 307 crore versus Rs 215.7 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Eros International Media Q3 PAT up 167% to Rs 43 cr

Eros International Media has declared its third quarter numbers. The company's Q3FY11revenue was up 87% to Rs 280 crore versus Rs 150 crore, YoY.

Its OPM was at 22% versus 15%, YoY.

The company's PAT was up 167% to Rs 43 crore versus Rs 16 crore, YoY.

Its EBITDA was up 173% to Rs 62 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Axis Mutual Fund Launches Axis FTP - Series 12

Axis Mutual Fund has announced the launch of Axis FTP Series 12 under Axis FTP - Series 11 - 13. The New Fund Offer (NFO) will be open for subscription from February 3, 2011 to February 8, 2011. The duration of the scheme will be 367 days from the date of allotment.

The scheme will be listed on NSE.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

INOX Leisure Q3 PAT at Rs 5.25 cr

INOX Leisure has declared its third quarter numbers. The company's Q3FY11 revenue was up 20% to Rs 101 crore versus Rs 84.2 crore, YoY.

Its OPM was at 15% versus 23%, YoY.

The company's PAT was down 40% to Rs 5.25 crore versus Rs 8.74 crore, YoY.

Its EBITDA was down 21% to Rs 15.5 crore, YoY.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Jagran Prakashan Q3 PAT up 32% to Rs 52.6 cr

Jagran Prakashan has declared its third quarter numbers. The company's Q3FY11 revenue was up 26% to Rs 286 crore versus Rs 227 crore, YoY.

Its PAT was up 32% to Rs 52.6 crore versus Rs 39.7 crore, YoY.

Its OPM was at 31% versus 29%, YoY.

Its EBITDA was up 38% to Rs 90 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Declaration under Religare FMP - Series IV - Plan A (3M)

Religare Mutual Fund has approved the declaration of dividend under dividend option of Religare FMP - Series IV - Plan A (3 Months). The quantum of declaration will be 100% of the distributable surplus as available under the plan(s) on the record date.

The record date is February 1, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

GSFC Q3 PAT up at Rs 228 cr

Gujarat State Fertilizers Company (GSFC) has declared its third quarter numbers. The company's Q3FY11 revenue was up 11% at Rs 1265 crore versus Rs 1141 crore, YoY.

Its PAT was up 1 time at Rs 228 crore versus Rs 114 crore, YoY.

Its OPM was at 28% versus 17%, YoY.

The company's EBITDA was up 86% to Rs 353 crore, YoY.

Its bottomline boosted as Interest costs fall to Rs 2.4 crore versus Rs 7 crore.
Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Dividend Declaration under Principal PNB FMP - 91D - Series XXV

Principal Mutual Fund has approved the declaration of dividend under dividend option of Principal PNB FMP - 91D - Series XXV. The quantum of declaration will be 100 % of the distributable surplus as available under the plan(s) on the record date.

The record date is January 27, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Religare Active Income Fund: Revision in Exit Load

Religare Mutual Fund has announced a revision in exit load under Religare Active Fund with effect from January 21, 2011.

Now, the exit load will be 1% if redeemed within 45 days from the date of allotment and Nil if redeemed after 45 days from the date of allotment.

Earlier exit load used to be 1% if redeemed within 90 days from the date of allotment and Nil if redeemed after 90 days from the date of allotment.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

DSPBR Savings Manager: Conservative and Moderate Plans to be Merged with Aggressive

DSP BlackRock Mutual Fund has announced that with effect from February 26, 2011 DSPBR Savings Manager Fund - Conservative and DSPBR Savings Manager Fund - Moderate shall be merged into DSPBR Savings Manager Fund - Aggressive.

Subsequent to the merger, DSPBR Saving Manager - Aggressive shall be renamed as DSPBR Savings Manager Fund. The new fund proposes to invest 75-100% of its assets in Debt and Money Market Securities and upto 25% of its assets in Equity and Equity related securities.

Investors who wish to continue can do so without doing anything. However, investors who want to exit from the scheme can redeem their units between January 27, 2011 and February 25, 2011 without paying any exit load.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Launch of SBI Debt Fund Series - 15 Months - 6

SBI Mutual Fund has announced the launch of SBI Debt Fund Series - 15 Months - 6. The New Fund Offer (NFO) will be open for subscription from January 27, 2011 to February 3, 2011.The minimum investment in the scheme would be Rs 5,000 and in multiples of Rs 10 thereafter. The scheme would have Growth and Dividend options.

The scheme will be listed on NSE.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

DSP BlackRock Mutual Fund Launches DSPBR FMP - 12M - Series 13

DSP BlackRock Mutual Fund has announced the launch of DSP BlackRock FMP - 12M - Series 13. The New Fund Offer (NFO) will be open for subscription from February 2, 2011 to February 3, 2011.The minimum investment in the scheme would be Rs. 10,000 and in multiples of Rs. 10 thereafter. It would offer Growth and Dividend Options.

The scheme will be listed on NSE.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Taurus Dynamic Income Fund: Extension of NFO

Taurus Mutual Fund has extended the new fund offer period of Taurus Dynamic Income Fund. The new fund offer would now close on February 8, 2011, instead of February 4, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Ruchir Parekh joins HSBC Mutual Fund

HSBC Mutual Fund has designated Ruchir Parekh as Fund Manager - Fixed Income, with effect from January, 2011. Mr. Ruchir Parekh has over 10 years of experience in Research and Fund Management. Prior to joining HSBC Mutual Fund he has worked with AIG Global Asset Management Pvt. Ltd. as Fund Manager - Fixed Income for more then 3 years. He has also worked with HDFC Mutual Fund, Bear Sterns & Co. and Moody’s Investors Service.

Subsequent to his appointment, following changes have been affected:



Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Reliance FHF XVII - Series 7: Extension of NFO

Reliance Mutual Fund has extended the new fund offer (NFO) period of Reliance FHF XVII - Series 7. The new fund offer would now close on January 31, 2011, instead of January 27, 2011.

All other terms and conditions of the scheme shall remain unchanged.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Dividend Declaration under HDFC FMP 100D Oct 2010 (1)

HDFC Mutual Fund has approved the declaration of dividend under dividend option of HDFC FMP 100D October 2010 (1). The quantum of declaration will be 100% of the distributable surplus as available under the plan(s) on the record date.

The record date is January 31, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Dividend Declaration under Fidelity FMP - Series IV - Plan A

Fidelity Mutual Fund has approved the declaration of dividend under dividend option of Fidelity FMP - Series IV - Plan A. The quantum of declaration will be 100% of the distributable surplus as available under the plan(s) on the record date.

The record date is January 31, 2011.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

DSP BlackRock Mutual Fund Launches DSPBR FMP - 3M - Series 29

DSP BlackRock Mutual Fund has announced the launch of DSP BlackRock FMP - 3M - Series 29, a close ended income scheme with a maturity profile of 3 months from the date of allotment. The fund will be open for subscription from February 2, 2011 to February 3, 2011.The minimum investment in the scheme would be Rs. 10,000 and in multiples of Rs. 10 thereafter. It would offer Growth and Dividend Options.

The scheme will be listed on NSE.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

JM Financial Mutual Fund Launches JM FMF - Series XIX - Plan A

JM Financial Mutual Fund has announced the launch of JM Fixed Maturity Fund - Series XIX - Plan A, a close ended income scheme with a tenure of 367 days from the date of allotment. The fund will be available for subscription from January 27, 2011 to February 2, 2011.The minimum investment in the scheme would be Rs. 5,000 and in multiples of Rs. 10 thereafter. It would offer Growth and Dividend Options.

The scheme will be listed on NSE.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Launch of SBI Debt Fund Series - 90 Days - 39

SBI Mutual Fund has announced the launch of SBI Debt Fund Series - 90 Days - 39. The New Fund Offer (NFO) will be open for subscription from January 28, 2011 to January 31, 2011.The minimum investment in the scheme would be Rs. 5,000 and in multiples of Rs. 10 thereafter. It would offer Growth and Dividend option.

The scheme would be listed on NSE.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Ankit Sancheti Quits Birla Sun Life Mutual Fund

Mr. Ankit Sancheti – Fund Manager, has resigned from the services of Birla Sun Life Asset Management Company Ltd.

Subsequent to his resignation, the fund management responsibilities of following schemes have been reassigned as under:

Source: www.valueresearchonline.com

Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Taurus MF to Compulsory Reinvest Dividends Below Rs. 250

Taurus Mutual Fund has announced that if the dividend amount payable to the unit holders under the dividend payout option of Taurus Starshare, Taurus Bonanza Fund, Taurus Discovery Fund, Taurus Ethical Fund, Taurus Infrastructue Fund, Taurus Nifty Index Fund, Taurus Short Term Income Fund,Taurus Liquid Fund (Retail) and Taurus Gilt Fund, is less than the threshold limit of Rs. 250, then such dividend amount will be compulsorily & automatically reinvested in the respective schemes/plans with effect from February 1, 2011.

The dividend distributed for an amount equal to or less than the threshold limit will be reinvested in the scheme/ plan by issuing additional units of the scheme at the prevailing ex-dividend Net Asset Value on the record date.

There shall be no exit load on the dividend so reinvested.

Source: www.valueresearchonline.com


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

TATA STEEL FPO - Basis of Allotment

Thank you,

Minita Aiya

Client Service Associate

DENIP Consultants Pvt. Ltd.

Company Results on 31st January, 2011

Source: www.bseindia.com

Thank you,

Minita Aiya

Client Service Associate

DENIP Consultants Pvt. Ltd.

Company Results on 30th January, 2011

Source: www.bseindia.com

Thank you,

Minita Aiya

Client Service Associate

DENIP Consultants Pvt. Ltd.

Maruti Suzuki Q3 net profit slips 18% to Rs 565 cr

India's largest car maker Maruti Suzuki reported a standalone net profit of Rs 565.2 crore for the quarter ended December 2010, down 18% as compared to Rs 687.5 crore in same period the previous year.

Net sales the company grew by 25.83% to Rs 9,276.7 crore in third quarter of financial year 2009-10 from Rs 7,372.6 crore reported in same quarter last year.

Bottomline as well as topline numbers were below expectations. CNBC-TV18 expected net profit of Rs 610 crore and revenues of Rs 9,513 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

JP Associates Q3 net profit up at Rs 232.7 cr

Jaiprakash Associates has declared its third quarter numbers. Its Q3 net profit was up at Rs 232.7 crore versus Rs 103 crore, YoY.

Its net sales were up at Rs 2,893.7 crore versus Rs 2,852.4 crore, YoY.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Weekly Market Update from 24th Jan 2011 to 28th Jan 2011

Source: www.iseindia.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Markets Today - 28/01/2011 - Disclaimer Post Applies

In yesterday trading sessions, market have tested their 4.5 month low (5,459) and marginal recovery was seen second half of market. The recovery was mainly on account of a) mixed of short covering and long built-up at lower levels, OI increase by 5% with premium of 25 points and b) overall activity on Put Options was 1.2x the call options. On options front, call options added OI of 44 lacs (70% of overall change) between 5,500 to 5,700 strike price and major PE additions was seen at 5,400 of ~26 lacs. We expect market to bottom out for the near term for currents levels because of PE concentration at 5,500 and 5,400. However, we also do not except any major upside in the market because of call open interest at 5,500 to 5,700 strike price. The strategy to be adopted by an trader would be to initiate fresh Buy at current levels and sell at every rise.   

India VIX (Inverse relationship between Nifty and Indian VIX)

·         Volatility for 28^th January, 2011 close at 22.6 which is 2.2% lower as compared to previous close, after touching an intraday high of 23.8 and low of 21.7

NOCIL Q3 net profit down at Rs 7.8 cr

NOCIL has announced its results for the quarter ended December 2010. It has reported net profit of Rs 7.8 crore in Q3FY11 as against Rs 7.9 crore (YoY).

Net sales increased to Rs 115 crore from Rs 106 crore (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Shasun Chemicals Q3 net loss at Rs 9.7 cr

Shasun Chemicals and Drugs has announced its results for the quarter ended December 2010. It has reported net loss of Rs 9.7 crore as against loss of Rs 2.1 crore (YoY).

Net sales too declined at Rs 195 crore from Rs 208 crore (YoY).

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Global Beverages Q3 net profit up at Rs 47.15 cr

Tata Global Beverages has announced its results for the quarter ended December 2010. It has reported net profit of Rs 47.15 crore in Q3FY11 as against Rs 36.75 crore (YoY).

Net sales went up to Rs 470 crore from Rs 450 crore (YoY).

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HCL Info Q2 cons net profit down at Rs 55.98 cr

HCL Infosystems has announced its results for the quarter ended December 2010. It has reported consolidated net profit of Rs 55.98 crore in Q2FY11 as against Rs 56.09 crore (YoY).

Consolidated net sales increased to Rs 3,115.1 crore from Rs 3,031.5 crore (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Gillette Q2 net profit down at Rs 20 cr

Gillette has announced its results for the quarter ended December 2010. It has reported net profit of Rs 20 crore in Q2FY11 as against Rs 37.5 crore (YoY).

Net sales went up to Rs 254.5 crore from Rs 201.7 crore (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ONGC Q3 net profit up 131% at Rs 7083 cr

ONGC has declared its third quarter results. Its Q3 net profit was up 131% at Rs 7083crore versus Rs 3054 crore, YoY.

The company's net sales were up at Rs 18586 crore versus Rs 15298 crore, YoY.

Its other operating income was at up at Rs 2218 crore versus Rs 208 crore, YoY.

Gross realisations were at USD 89.13 per barrel.

The company's net realisation was at USD 64.79 per barrel versus USD 57.69 per barrel.

Its subsidy bill was of Rs 4,222 crore versus Rs 3,497 crore, YoY.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Puravankara Projects Q3 Cons net profit at Rs 28.7 cr

Puravankara Projects has declared its third quarter consolidated numbers. Its Q3 net profit was down at Rs 28.7 crore versus Rs 30.5 crore, YoY.

Its net sales were at Rs 173 crore versus Rs 73.2 crore, YoY.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Oberoi Realty Q3 net profit was up at Rs 205 cr

Oberoi Realty has announced its third quarter numbers. Its Q3 net profit was up at Rs 205 crore versus Rs 96 crore, QoQ.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sterlite Tech Q3 net profit at Rs 17 cr

Sterlite Technologies has announced its third quarter numbers. Its Q3 net profit was down at Rs 17 crore versus Rs 73 crore, YoY.

The company's net sales were down at Rs 579 crore versus Rs 867 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Titan Ind Q3 net profit up 81.7% at Rs 137 cr

Titan Industries has announced its results for the quarter ended December 2010. It has reported net profit of Rs 137 crore in Q3FY11 as against Rs 75.4 crore, a growth of 81.7% on year-on-year basis.

Net sales went up by 46.55% to Rs 1,955 crore from Rs 1,334 crore (YoY).

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Venkys Q3 net profit up at Rs 15.1 cr

Venkys has declared its third quarter numbers. The company's Q3 net sales were up at Rs 210 crore versus Rs 175 crore, YoY.

The company's net profit was up at Rs 15.1 crore versus Rs 13.2 crore, YoY.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IOB Q3 net profit up 127.45% at Rs 232 cr

Indian Overseas Bank (IOB) has announced its results for the quarter ended December 2010. It has reported net profit of Rs 232 crore as against Rs 102 crore, a growth of 127.45% on year-on-year basis.

Net interest income went up by 42.3% to Rs 1,130.2 crore from Rs 794.4 crore (YoY).

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Siemens Q3 net profit up at Rs 244 cr

Siemens has announced its results for the quarter ended December 2010. It has reported net profit of Rs 244 crore as against Rs 239 crore (YoY).

Net sales jumped to Rs 2,525 crore from Rs 1,867 crore (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Bharat Electronics Q3 net profit down at Rs 170.5 cr

Bharat Electronics has announced its results for the quarter ended December 2010. It has reported net profit of Rs 170.5 crore as against Rs 224 crore.

Net sales jumped to Rs 1,321.2 crore from Rs 1,179.5 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sun TV Q3 net profit up 48.03% at Rs 225 cr

Sun TV Network has come out with its third quarter results of FY11. It has reported net profit of Rs 225 crore in December quarter of 2010 as against Rs 152 crore in same period of last year, a growth of 48.03%.

Revenue jumped by 51.4% to Rs 598 crore from Rs 395 crore (YoY). Operating profit margin improved at 84% versus 79% (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Motilal Oswal Fin Svcs Q3 net profit up at Rs 42 cr

Motilal Oswal Financial Services has announced it third quarter consolidated results. Its Q3 net profit was up at Rs 42 crore versus Rs 33 crore, QoQ.

Its consolidated total income was up at Rs 160 crore versus Rs 154.5 crore, QoQ.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UCO Bank Q3 net profit up at Rs 301 cr

UCO Bank has declared its third quarter numbers. The company's Q3 net profit was up at Rs 301 crore versus Rs 246 crore.

Net interest income increased by 69.11% to Rs 1,062 crore from Rs 628 crore.

Net non-performing assets (NPAs) went up at 1.13% versus 0.89% and gross NPAs too were up at 2.57% versus 2.01% (YoY).

Source: http://www.moneycontrol.com/

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Crompton Greaves Cons Q3 net profit up at Rs 233cr

Crompton Greaves has announced its third quarter consolidated results. Its Q3 net profit was up at Rs 233 crore versus Rs 200 crore, YoY.

Its consolidated net sales were up at Rs 2,397 crore versus Rs 2,246 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Allahabad Bank Q3 net profit up at Rs 416 cr

Allahabad Bank has declared its third quarter results. Its Q3 net profit was up at Rs 416 crore versus Rs 345.4 crore.

The company's NII was up at Rs 1,051.6 crore versus Rs 675.6 crore.

Its provision coverage ratio was at 80.22%.

The company's net NPAs was at 0.59% versus 0.35%, YoY and gross NPAs was unchanged at 1.77%, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

OBC Q3 net profit up at Rs 408.3 cr

Oriental Bank of Commerce (OBC) has declared its third quarter results. Its Q3 net profit was up at Rs 408.3 crore versus Rs 289.4 crore, YoY.

Its NII was up at Rs 1,029.9 crore versus Rs 872.9 crore, YoY.

The company's provisions were at Rs 191.8 crore versus Rs 192.1 crore.

Its gross NPAs was at 1.94% versus 1.64% on YoY basis and at 1.94% versus 1.67% on QoQ basis.

Its net NPAs was at 0.91% versus 0.75% on YoY basis and at 0.91% versus 0.7% on QoQ basis.

The bank has provided Rs 356.8 crore for 2nd pension liability.

Its provision coverage ratio was at 77.42%.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Karur Vysya Bank Q3 net profit up at Rs 113 cr

Karur Vysya Bank has declared its third quarter results. Its Q3 net profit was up at Rs 113 crore versus Rs 76 crore.

Its NII was up at Rs 211 crore versus Rs 151 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Cholamandalam Q3 Cons PAT up 13.9% at Rs 7.1cr

Cholamandalam Investment and Finance Company has declared its third quarter consolidated numbers. Its Q3 revenue was up 20.5% at Rs 300 crore versus Rs 249 crore.

The company's PAT was up 13.9% at Rs 7.1 crore versus Rs 6.3 crore.

Its EBIDTA margin was 10.2 % versus 2.2%.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Company Results on 29th January, 2011

Source: www.bseindia.com

Thank you,

Minita Aiya

Client Service Associate

DENIP Consultants Pvt. Ltd.

Emami Q3 Cons PAT up 9.6% at Rs 85.5 cr

Emami has declared its third quarter consolidated numbers. Its Q3FY11 revenue was up 14.9% at Rs 406 crore versus Rs 353.2 crore.

The company's PAT was up 9.6% at Rs 85.5 crore versus Rs 78 crore.

Its EBIDTA margin was 31.4% versus 65.5%.

Its expenditure was up 1 time at Rs 308 crore versus 152.6 crore.

The tax expenditure was up 24% at Rs 18.6 crore versus Rs 15 crore.

The interest income stands at Rs 2.05 crore versus interest outflow of Rs 7 crore.

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consltants Pvt Ltd

Carborundum Q3 PAT up 60.5% at Rs 23.6 cr

Carborundum Universal has announced its third quarter numbers. The company's Q3 revenue was up 25.6% at Rs 243 crore versus Rs 193.4 crore.

The company's PAT was up 60.5% at Rs 23.6 crore versus Rs 14.7 crore.

Its EBIDTA margin was at 19.5% versus 18.2%.

The company's expenditure was up by 23% at Rs 205.8 crore versus Rs 167.4 crore.

Source: http://www.moneycontrol.com/

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

JK Lakshmi Cement Cons Q3 PAT at Rs 4.6 cr

JK Lakshmi Cement has declared its third quarter consolidated results. Its Q3 net sales were down 11% at Rs 315 crore versus Rs 353 crore.

The company's PAT was down 90% at Rs 4.6 crore versus Rs 45.3 crore.

Its EBIT was at Rs 3.6 crore versus Rs 71.3 crore.

The company’s OPM at 7.9% versus 25.2%.

The results was hit due to lower realization and increase in fuel cost.

Its power and fuel cost was up 36% at Rs 105 crore versus Rs 77 crore and interest cost was up at Rs 12.6 crore versus Rs 4.8 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

S Kumars Cons Q3 PAT up 18.2 % at Rs 95.5cr

S Kumars Nationwide has declared its third quarter consolidated results. Its Q3 revenue was up 11.8% at Rs 1342.8 crore versus Rs 1200.9 crore, YoY.

The company's PAT was up 18.2 % at Rs 95.5 crore versus Rs. 80.8 crore, YoY.

Its EBIDTA was up 21.7% at Rs 264.72 crore versus Rs 217.5 crore, YoY.

Its EBIDTA margin was at 20% versus 18%, YoY.

The company results has included operations of Reid and Taylor, Leggiuno SpA along with holding Companies and HMX LLC and Coppley Inc. and SKNL UK.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

VIP Industries Cons Q3 PAT up at Rs 30 cr

VIP Industries has declared its third quarter consolidated results. Its Q3 revenue was up 19.6% at Rs 200.8 crore versus Rs 167.9 crore, YoY.

The company's PAT was up by 1 time at Rs 30 crore versus Rs 14.8 crore, YoY.

Its EBIDTA margin was at 16% versus 17%, YoY.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Phoenix Mills Q3 net profit up 133% at Rs 23.8 cr

Phoenix Mills has announced its third quarter numbers. The company's Q3 net sales were up 49% at Rs 45.1 crore versus Rs 30.2 crore.

Its net profit was up 133% at Rs 23.8 crore versus Rs 10.2 crore.

Its OPM was at 72.6% versus 58.7%.

The company has paid all its debt on standalone basis.

High Street Phoenix has footfall of 1.5 million in Dec 2010, average consumption for the property is around Rs 75 crore per month in the quarter, which is the record for the company.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Neyveli Lignite Q3 PAT at Rs 96 cr

Neyveli Lignite Corporation has announced its third quarter numbers. The company's Q3 revenue was down 30.6% at Rs 869.2 crore versus Rs 1251.7 crore, YoY.

Q3FY10 total operating income included Rs 388.7 crore from adjustment related to previous year.

The company's PAT was down by 74.1% at Rs 96 crore versus Rs 371.1 crore, YoY.

Its EBIDTA margin was at 12.8% versus 38.9%, YoY.

The interest and exceptional items was down by 96.2% at Rs 15.5 crore versus Rs 414.4 crore, YoY.

Segment wise Q3
Lignite mining revenue was down 20% at Rs 685 crore versus Rs 856 crore.
Power generation revenue was down 1% at Rs 854 crore versus Rs 865 crore.
Lignite mining PBIT was down 76% at Rs 62.8 crore versus Rs 264.6 crore.
Power generation PBIT was down 94% at Rs 10.5 crore versus Rs 184.2 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Financial Tech standalone Q3 PAT up 28.1% at Rs 78.8 cr

Financial Technologies has announced its third quarter standalone numbers. The company's Q3 revenue was down 22.7% at Rs 81.4 crore versus Rs 105.3 crore, YoY.

Its PAT was up 28.1% at Rs 78.8 crore versus Rs 61.5 crore, YoY.

Its EBIDTA margin was at 38.2% versus 59.8%, YoY.

The other income was up by 7.3 times at Rs 58.7 crore versus Rs 7.07 crore, YoY.

Its expenditure was up by 21.28% at Rs 53 crore versus Rs 43.7 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Thermax Q3 net profit up at Rs 100 cr

Thermax has declared its third quarter results. The company’s Q3 net profit was up at Rs 100 crore versus Rs 56.5 crore, YoY.

Its net sales were up at Rs 1,216 crore versus Rs 726 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dalmia Bharat Q3 net profit at Rs 11.7 cr

Dalmia Bharat Enterprises has declared its third quarter results. The company’s Q3 net profit was down at Rs 11.7 crore versus Rs 22.6 crore, YoY.

Its net sales were down at Rs 182 crore versus Rs 519 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC Bank Q3 net profit up 32.89% at Rs 1087 cr

India's third largest lender HDFC Bank has announced its results for the quarter ended December 2010. It has reported a net profit of Rs 1,087 crore as against Rs 818 crore, a massive growth of 32.89% on year-on-year basis.

Net interest income went up by 24.87% to Rs 2,777 crore in December quarter of 2010 as against Rs 2,224 crore in the same quarter of 2009.

Other income jumped to Rs 1,128 crore from Rs 899 crore (YoY).

Provisions declined in the Q3FY11 to Rs 466 crore from Rs 448 crore in Q3FY10.

Gross non-performing assets (NPAs) also declined at 1.11% as on December 31 as against 1.63% in same period of last year. Net NPAs too went down at 0.2% in December quarter of 2010 as against 0.5% in same quarter of last year.

Capital adequacy ratio stood at 16.3% and net interest margin at 4.2%.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NHPC Q3 net profit at Rs 301 cr

NHPC has declared its third quarter results. The company’s Q3 net profit was down at Rs 301 crore versus Rs 581 crore, YoY.

Its net sales were down at Rs 709 crore versus Rs 1,213 crore, YoY.

Results were impacted due to CERC tariff regulation.

The net profit was down by Rs 40 crore due to change in accounting policy.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Granules India Q3 net profit at Rs 5.6 cr

Granules India has declared its third quarter results. The company’s Q3 net profit was down at Rs 5.6 crore versus Rs 6.6 crore.

Its net sales were up at Rs 128 crore versus Rs 122.4 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Lupin Q3 cons net profit up at Rs 224 cr

Lupin has declared its consolidated third quarter results. The company’s Q3 consolidated net profit was up at Rs 224 crore versus Rs 161 crore.

Its consolidated net sales were up at Rs 1,467 crore versus Rs 1,255 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Chem Q3 cons net profit down at Rs 164 cr

Tata Chemicals has declared its consolidated third quarter results. The company’s Q3 consolidated net profit was down at Rs 164 crore versus Rs 212.4 crore.

Its consolidated net sales were at Rs 1,757 crore versus Rs 2,649.9 crore.

Source: http://www.moneycontrol.com/

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

JSW Steel Q3 cons net profit down at Rs 292 cr

JSW Steel has announced its results for the quarter ended December 2010. It has reported consolidated net profit of Rs 292 crore as against Rs 430 crore on year-on-year basis.

Consolidated other income declined at Rs 3.8 crore from Rs 102.2 crore.

Consolidated net sales jumped to Rs 5,965 crore from Rs 4,796 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

SpiceJet Q3 net profit at Rs 94.5 cr

SpiceJet has declared its third quarter results. Its Q3 net profit was down at Rs 94.5 crore versus Rs 109 crore.

Its net sales were up at Rs 830 crore versus Rs 649 crore.

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

IRB Infra Q3 cons net profit up 46% at Rs 133cr

IRB Infra has declared its consolidated third quarter results. The company’s Q3 consolidated net profit was up by 46.15% at Rs 133 crore versus Rs 91 crore.

Its consolidated net sales were up at Rs 669 crore versus Rs 433 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dena Bank Q3 net profit up at Rs 155 cr

Dena Bank has declared its third quarter results. Its Q3 net profit was up at Rs 155 crore versus Rs 134.5 crore.

Its NII was up at Rs 467 crore versus Rs 283 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

eClerx Svcs Q3 net profit up at Rs 36 cr

eClerx Services has declared its consolidated third quarter results. Its Q3 net profit was up at Rs 36 crore versus Rs 27.6 crore, QoQ.

Its consolidated net sales were up at Rs 87।2 crore versus Rs 82.3 crore, QoQ

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Hindustan Motors Q3 net profit at Rs 15.8 cr

Hindustan Motors has declared its third quarter results. Its Q3 net profit was at Rs 15.8 crore.

Its net sales were at Rs 151.6 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Arvind Q3 net profit up at Rs 31 cr

Arvind has declared its third quarter results. Its Q3 net profit was up at Rs 31 crore versus Rs 12 crore.

Its net sales were at Rs 633.9 crore versus Rs 543.9 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Network 18 Media Q3 cons net profit at Rs 79 cr

Network 18 Media & Investments has announced its third quarter consolidated results. Its Q3 consolidated net profit was at Rs 79 crore versus loss of Rs 36 crore, QoQ.

The company's consolidated income from operation was at Rs 406 crore versus Rs 355 crore, QoQ.

Its consolidated net profit was at Rs 79 crore versus loss of Rs 22 crore, YoY.

Its consolidated income from operations was up at Rs 406 crore versus Rs 370 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IBN18 Q3 net profit at Rs 20 cr

IBN18 Broadcast has announced its third quarter results of financial year 2010-11. It has reported net profit of Rs 20 crore in December quarter as against loss of Rs 13 crore in previous quarter and loss of Rs 11 crore in Q3FY10.

Income from operations jumped to Rs 236 crore from Rs 189 crore on quarter-on-quarter basis and Rs 193 crore on year-on-year basis.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

TV 18 Q3 net profit at Rs 6 crore

Television Eighteen (TV 18) has announced its third quarter consolidated results. Its Q3 consolidated net profit was at Rs 6 crore versus loss of Rs 17 crore, QoQ.

The company's consolidated income from operation was up at Rs 147 crore versus Rs 145 crore, QoQ.

Its consolidated net profit was at Rs 6 crore versus loss of Rs 43 crore, YoY.

Its consolidated income from operation was up at Rs 147 crore versus Rs 129 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Gateway Distriparks Q3 net profit up 15% at Rs 23 cr

Logistics services provider Gateway Distriparks has declared its results for the quarter ended December 2010. It has reported net profit of Rs 23 crore as against Rs 20 crore on year-on-year basis.

Net sales too increased to Rs 51 crore from Rs 42.5 crore.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Marico Q3 cons net profit up 11.3% at Rs 69 cr

FMCG major Marico has declared its results for the quarter ended December 2010. It has reported consolidated net profit of Rs 69 crore as against Rs 62 crore, a growth of 11.3% on year-on-year basis.

Consolidated net sales went up by 22.23% to Rs 817.7 crore from Rs 669 crore (YoY).

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Subex Q3 cons net profit up 9.7% at Rs 21.5 cr

Subex has announced its results for the quarter ended December 2010. It has reported consolidated net profit at Rs 21.5 crore in Q3FY11 as against Rs 19.6 crore, a growth of 9.7% on quarter-on-quarter basis while declined 48.81% from Rs 42 crore on year-on-year basis.

Consolidated net sales of the company were flat at Rs 123.2 crore versus Rs 123.5 crore (QoQ) and Rs 121 crore (YoY).

Profit before exceptionals increased to Rs 25 crore from Rs 13 crore (YoY).

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Grasim Q3 PAT down 22% at Rs 599 cr

Grasim Industries has come out with its consolidated Q3FY11 results. The company's net sales were up 20% at Rs 5384.5 crore versus Rs 4439 crore, QoQ.

Its PAT was up 65% at Rs 599 crore versus Rs 362.6 crore, QoQ.

Its OPM was 21.9% versus 17.4%, QoQ.

The Samruddhi Cement was demerged w.e.f October 1, 2009 – has been amalgamated with Ultratech (subsidiary of Co). Therefore results not strictly comparable on YoY basis.

Grasim Q3FY11 YoY Cons

Its net sales were up 12% at Rs 5384.5 crore versus Rs 4845.5 crore.

The company's PAT was down 22% at Rs 599 crore versus Rs 767.8 crore.

Its OPM was 21.9% versus 29.7%.

The higher raw material and power & fuel costs ate into profits.

Its raw material costs were up 37% at Rs 1220.5 crore versus Rs 888 crore. The power & fuel costs were up 25% at Rs 1138.4crore versus Rs 912crore.

UltraTech’s poor performance has also impacted the results.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTV Software Q3 cons net profit up at Rs 40 cr

UTV Software Communications has come out with its third quarter results of financial year 2010-11. It has reported consolidated net profit of Rs 40 crore in December quarter as against Rs 37.8 crore in same period of last year.

Consolidated revenues increased to Rs 256 crore from Rs 216 crore on year-on-year basis.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Indiabulls Sec Q3 net profit down 22% at Rs 12.8 cr

Indiabulls Securities has declared its Q3FY11 results. Its revenue was up 18.9% at Rs 93.89 crore versus Rs 78.94 crore, YoY.

The company's PAT was up 12.1% at Rs 12.8 crore versus Rs 11.4 crore, YoY.

Its EBIDTA margin was 26.3% versus 22.3%, YoY.

The company's total income was down 2.7% at Rs 94 crore versus Rs 96.5 crore, QoQ.

Its net profit was down 22% at Rs 12.8 crore versus Rs 16.4 crore, QoQ.

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Company Results on 28th January, 2011

Source: www.bseindia.com

Thank you,

Minita Aiya

Client Service Associate

DENIP Consultants Pvt. Ltd.