Net FII Purchases & Sales during the Week 20th Feb 2012 to 24th Feb 2012

Net FII Purchases & Sales during the Week 20th Feb 2012 to 24th Feb 2012

FII purchases during the week:

21/02/2012: 594.6
22/02/2012: 1494.6
23/02/2012: 966.9
24/02/2012: 376.9

FII were net buyer of Rs 3433 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 20th Feb 2012 to 24th Feb 2012

Sectoral Performance during the Week 20th Feb 2012 to 24th Feb 2012

MAJOR SECTORAL GAINERS:

FMCG: 0.90%
IT: 0.70%
OIL & GAS: 0.10%

MAJOR SECTORAL LOSERS:

REALTY: -7.35%
BANKING: -5.20%
CAPITAL GOODS: -4.90%
METAL: -4%
CONSUMER DURABLE: -1.60%
PHARMA: -1.50%

MAJOR GAINERS IN BSE ‘A’ CATEGORY:

GODREJ PROP: 21.40%
ORACLE FIN: 17.15%
BPCL: 8.80%

MAJOR LOSERS BSE ‘A’ CATEGORY:

EVEREST KANTO: -16.30%
UNITED SPIRITS: -15.20%
GSPL: -14.10%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 20th Feb 2012 to 24th Feb 2012

Trend in Global Market during the Week 20th Feb 2012 to 24th Feb 2012


DOW JONES: 0.60%
FTSE: 0.80%
CAC: 2.20%
DAX: 1.70%
BOVESPA: -0.30%
SINGAPORE: 0.10%
NIKKEI: 4.40%
HANG SENG: 0.60%
SHANGHAI: 3.50%
SENSEX: -2%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 27th Feb 2012 to 1st March 2012

Important US Economic Data Releases for the Week 27th Feb 2012 to 1st March 2012

Monday
Pending Home Sales Index
Dallas Fed Manufacturing Survey

Tuesday
ICSC – Goldman Store Sales
Durable Goods Orders
S&P Case Shiller HPI
Consumer Confidence
Richmond Fed Manufacturing Index
State Street Investor Confidence Index

Wednesday
GDP
Chicago PMI
Ben Bernanke Speaks
EIA Petroleum Status Reports
Beige Book
Farm Prices

Thursday
Motors Vehicle Sales
Chain Store Sales
Jobless Claims
Personal Income and Outlays
Bloomberg Consumer Comfort Index
ISM Manufacturing Index
Construction Spending
EIA Natural Gas Report

Friday
James Bullard Speak

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FMP Details(As on 27th Feb 2012)

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Dividend in Franklin India Prima Plus

Annual dividend in Franklin India Prima Plus (FIPP).

Launched in 1994, it is one of the oldest diversified equity funds in the country and has a consistent performance track record of over 17 years. It currently manages assets of over Rs. 1800 crores for around 233,000 investors.

Dividend Quantum : Rs.2.50 per unit.
Record Date : March 2, 2012 - (Friday)
Ex-dividend NAV Date : March 5, 2012 - (Monday)
NAV of Div Plan as on 24th Feb 2012 INR 26.3706

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 13th Feb 2012 to 17th Feb 2012

Trend in Global Market during the Week 13th Feb 2012 to 17th Feb 2012

DOW JONES: 0.80%
FTSE: 0.60%
DAX: 0.90%
CAC: 0.60%
BOVESPA: 3.40%
SINGAPORE: 0.60%
NIKKEI: 3.30%
HANG SENG: 2.40%
SHANGHAI: 0.20%
SENSEX: 3%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 13th Feb 2012 to 17th Feb 2012

Sectoral Performance during the Week 13th Feb 2012 to 17th Feb 2012


MAJOR SECTORAL GAINERS:

REALTY: 10.20%
POWER: 8.50%
CAPITAL GOODS: 7.90%
CONSUMER DURABLE: 7.80%
BANKING: 6.20%
METAL: 1.70%
FMCG: 0.50%
PHARMA: 0.40%

MAJOR SECTORAL LOSERS:

OIL & GAS: -1.40%

MAJOR GAINERS IN NIFTY:

BHEL: 6.70%
AXIS BANK: 4.40%
TATA POWER: 4.20%

MAJOR LOSERS NIFTY:

HERO MOTO: -3.70%
SESA GOA: -3.20%
MARUTI: -2.80%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the Week 13th Feb 2012 to 17th Feb 2012

Net FII Purchases & Sales during the Week 13th Feb 2012 to 17th Feb 2012

FII purchases during the week:

13/02/2012: 343.2
14/02/2012: 647.6
15/02/2012: 1146.7
17/02/2012: 2185.3

FII were net buyer of Rs 4322.80 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 20th Feb 2012 to 24th Feb 2012

Important US Economic Data Releases for the Week 20th Feb 2012 to 24th Feb 2012

Monday
Holiday: President’s Day

Tuesday
Chicago Fed National Activity Index

Wednesday
Bank Reserve Settlement
Existing Home Sales

Thursday
Jobless Claims
Bloomberg Consumer Comfort Index
FHFA House Price Index
EIA Natural Gas Report
EIA Petroleum Status Report

Friday
Consumer Sentiments
New Home Sales

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Balanced Fund: Dividend Declaration

Tata Mutual Fund has announced dividend under the dividend option of Tata Balanced Fund. The quantum of dividend will be Rs.3 per unit.

The record date has been fixed as February 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDBI Ultra Short-term Fund: Change in Face Value

IDBI Mutual Fund has increased the face value of IDBI Ultra Short-term Fund from Rs.10 to Rs.1000, with effect from February 10, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock FMP - Series 19 - 3M: Dividend Declaration

DSP BlackRock Mutual Fund has announced dividend under the dividend payout option of DSP BlackRock FMP - Series 19 - 3M. The quantum of dividend will be upto 100% of the distributable surplus as on the record date.

The record date has been fixed as February 14, 2012.


Source: www.valueresearchonline.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Pru Long Term Floating Rate Plan: Open for Subscription

ICICI Prudential Long Term Floating Rate Plan will be open for subscription from February 10, 2012 till further notice.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC FMP 182D February 2012 (1): New Fund Offer

HDFC Mutual Fund has announced to launch the new fund offer (NFO) of HDFC FMP 182D February 2012 (1). The NFO will be open for subscription from February 16, 2012 to February 22, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Sunder & UTI Master Index Fund: Merger with UTI Nifty Index Fund

UTI Mutual Fund has announced the merger of UTI Sunder & UTI Master Index Fund into UTI Nifty Index Fund, with effect from March 14, 2012. Investors are being given an option of exit without paying any exit load between February 13, 2012 and March 14, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC MF Launches Swing STP

HDFC Mutual Fund has launched HDFC Swing STP which is the expansion of STP facility, with effect from February 21, 2012.

It works like any other Systematic Transfer Plan (STP). The only difference is that Swing STP tries to achieve the Target Market Value which can be more or less than the lumpsum invested in debt scheme. So, everytime, it transfers the amount from one scheme to another (must be growth Plan) based on the difference between Target Market Value and Actual Market Value of current holdings.


The minimum balance or minimum investment amount must be Rs.12000 for this.
The minimum installment amount would be Rs.1000/- for weekly, monthly and Rs.3000/- for quarterly.

Everytime, the amount will be calculated as {(first installment amount*No. of installment including current)-Market value of equity investments}.

The most unique thing about Swing STP is Reverse Transfer. In case, Actual Market Value of current holdings is more than Target Market Value, it will transfer the difference from equity to debt scheme in order to maintain Target Market Value.

At the time of last installment, the remaining balance would be transferred and Swing STP will be closed.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDBI Ultra Short-term Fund: Change in Face Value

IDBI Mutual Fund has changed the face value of units of IDBI Ultra Short-term Fund from Rs 10 to Rs 1000, with effect from February 10, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

SBI MF Launches SBI Debt Fund Series 15 Months - 9

SBI Mutual Fund has launched the new fund offer (NFO) of SBI Debt Fund Series 15 Months - 9. The NFO will be open for subscription from February 16, 2012 to February 21, 2012.

The minimum investment amount will be Rs 5000 and in multiples of Rs.10 thereafter. The scheme would have growth as well as dividend options. It will be listed on the Bombay Stock Exchange.

Source: www.valueresearchonline.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Axis Fixed Term Plan Series 18 (15 Months): Preponement of NFO Closure

Axis Mutual Fund has pre-poned the new fund offer (NFO) of Axis Fixed Term Plan Series 18 (15 Months). Now, it will close on February 24, 2012 instead of February 27, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FT India Feeder - Franklin U.S. Opportunities Fund: Revision in Exit Load

Franklin Templeton Mutual Fund has revised the exit load structure of FT India Feeder - Franklin U.S. Opportunities Fund, with effect from February 14, 2012.

The revised exit load will be 1% if redeemed within 1 year from the date of allotment. Earlier, it was 2% if redeemed within 1 year of the date allotment.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock MF Launches Two FMPs

DSP BlackRock Mutual Fund has announced to launch DSP BlackRock Dual Advantage Fund Series 1 - 36M and DSP BlackRock FMP Series - 34 - 12M. The NFO will be open for subscriptions from February 16, 2012 to February 29, 2012 for Series 1 - 36M and from February 17, 2012 to February 21, 2012 for Series - 34 - 12M.

The maturity date will be March 2, 2015 for Series 1 - 36M and February 25, 2013 for Series - 34 - 12M.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Fixed Term Income Fund - Series X - VIII (368 Days): Launch of NFO

UTI Mutual Fund has launched UTI Fixed Term Income Fund - Series X - VIII (368 Days). The NFO will be open for subscription from February 14, 2012 to February 16, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC FMP 370D February 2012 (2): Extension of NFO

HDFC Mutual Fund has extended the new fund offer (NFO) of HDFC FMP 370D February 2012 (2). Now, the NFO will close on February 21, 2012 instead of February 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Capital Protection Oriented Scheme Series I - 5 Year Plan: Dividend Declaration

UTI Mutual Fund has announced dividend under the dividend option of UTI Capital Protection Oriented Scheme Series I - 5 Year Plan. The quantum of dividend will be 100% of the distributable surplus as on the record date.

The record date has been fixed as February 21, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

LIC Nomura MF Quarterly Interval Series 2: Dividend Declaration

LIC Nomura Mutual Fund has announced dividend under the dividend option of LIC Nomura MF Quarterly Interval Series 2. The quantum of dividend will be 100% of the distributable surplus as on the record date.

The record date has been fixed as February 21, 2012.The Specified Transaction Period will be on February 21, 2012 and February 22, 2012

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI FMP Quarterly Series (QFMP 02/12) - II: Preponement of NFO

UTI Mutual Fund has preponed the new fund offer (NFO) of UTI FMP Quarterly Series (QFMP 02/12) - II. Now, the NFO will close on February 27, 2012 instead of February 29 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC MF Launches 3 FMPs

HDFC Mutual Fund has announced to launch the new fund offer (NFO) of HDFC FMP 18M February 2012 (1), HDFC FMP 370D February 2012 (3) and HDFC FMP 92D February 2012 (3).

HDFC FMP 18M February 2012 (1) will be open for subscription from February 23, 2012 to February 28, 2012 and HDFC FMP 370D February 2012 (3) and HDFC FMP 92D February 2012 (3) will be open for subscription from February 24, 2012 to February 29, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Quarterly Interval Plan III: Dividend Declaration

UTI Mutual Fund has announced dividend under the dividend option of UTI Quarterly Interval Plan III. The quantum of dividend will be 100% of the distributable surplus as on the record date.

The record date has been fixed as February 21, 2012. The Specified Transaction Period will be on February 21, 2012 and February 22, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI MF: Change in Fund Manager of Debt Schemes

UTI Mutual Fund has announced a change in the fund managers of the following schemes with immediate effect. Mr. Amandeep S Chopra will replace Mr.Puneet Pal as the fund manager of UTI Bond, UTI Dynamic Bond, UTI Gilt Advantage, UTI G-sec, UTI Short-term Income and UTI Treasury Advantage.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Birla Sun Life MF Declares Dividend in 3 FMPs

Birla Sun Life (BSL) Mutual Fund has announced dividend under the dividend option of BSL Quarterly Interval Plan Series I Retail as well as Institutional, BSL FTP Series CP and BSL FTP Series CH.

The quantum of dividend will be Rs.0.2127 per unit for BSL Quarterly Interval Plan Series I, Rs. 0.9775 per unit for BSL FTP Series CP and Rs. 1.1085 per unit for BSL FTP Series CH.

The record date will be February 21, 2012.

The Specified Transaction Period for BSL Quarterly Interval Plan Series I for will be February 21, 2012 and February 22, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI FMP Yearly Series (YFMP 01/11): Dividend Declaration

UTI Mutual Fund has announced dividend under the dividend option of UTI FMP Yearly Series (YFMP 01/11). The quantum of dividend will be 100% of the distributable surplus as on the record date.

The record date has been fixed as February 21, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Prudential Quarterly Interval Plan I: Dividend Declaration

ICICI Prudential Mutual Fund has announced dividend under the dividend option of retail as well as institutional plan of ICICI Prudential Quarterly Interval Plan I. The quantum of dividend will be Rs.0.1677 per unit for retail plan and Rs.0.1676 per unit for institutional plan.

The record date will be February 21, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC FMP 92D November 2011 (1): Dividend Declaration

HDFC Mutual Fund has announced dividend under the normal dividend option of HDFC FMP 92D November 2011 (1). The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as February 21, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Fixed Term Income Series X VIII (368 Days): Extension of NFO

UTI Mutual Fund has extended the new fund offer (NFO) period of UTI Fixed Term Income Series X VIII (368 Days). Now, the NFO will close on February 21, 2012 instead of February 16, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FMP Details

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NFO Launch : Kotak FMP Series 75

Please find the KIM & SID of Kotak FMP Series 75.

The New Fund Offer of the scheme opens on February 16, 2012 (Thursday) and closes on February 21, 2012 (Tuesday)


MINIMUM INVESTMENT during NFO:

Rs. 5,000/- and in multiples of Rs 10 for purchase and switch-ins.

OPTIONS:
Growth and Dividend Payout.

INVESTMENT OBJECTIVE:
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.

LISTING:
The units of the scheme will be listed on BSE on allotment. The units of the scheme may also be listed on the other stock exchanges.

BENCHMARK:
CRISIL Short Term Bond Index.

LIQUIDITY:
Units of this scheme will be listed on Bombay Stock Exchange. Investors may sell their units in the stock exchange(s) on which these units are listed on all the trading days of the stock exchange. The units cannot be redeemed with KMMF until the maturity of the scheme.

MATURITY:
370 Days after the date of allotment of units.

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IPO Details of MULTI COMMODITY EXCHANGE OF INDIA LIMITED - With Price Band

IPO Details of MULTI COMMODITY EXCHANGE OF INDIA LIMITED - With Price Band

Please find below mentioned details of Multi Commodity Exchange of India Ltd IPO.

Books Opens : February 22, 2012 (Wednesday)

Books Closes : Februay 24, 2012 (Friday)

Anchor Book Opens: Februay 21, 2012

Price Band : Rs.860/- - Rs.1032/-

Lot Size : 6 Equity Shares into multiples of 6 Equity Shares


Issue Size : 64,27,348 Equity shares.

Employee
Reservation : 2,50,000 Equity Shares

Offer for Sale : 61,77,378 Equity Shares (by FINANCIAL TECHNOLOGIES (INDIA) LIMITED, STATE BANK OF INDIA (EQUITY), GLG FINANCIALS FUND, ALEXANDRA MAURITIUS LIMITED, CORPORATION BANK, ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED AND BANK OF BARODA)

QIB Book : 30,88,689 Equity shares (50% of the Net issue size)

HNI Book : 9,26,607 Equity shares (15% of Net issue size)

Retail Book : 21,62,082 Equity shares (35% of Net issue size)


BRLMs : Edelweiss Financial Services,Citigroup Global Markets and Morgan Stanley India Company

Syndicate Members : Edelweiss Securities Limited, SMC Global Securities Limited and
Sunidhi Securities & Finance Limited


Registrar to the Issue - Karvy Computershare Private Limited

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Tata Motors Q3 net jumps on strong JLR sales

Strong sales at luxury Jaguar Land Rover unit helped Tata Motors third quarter consolidated net profit jump a better-than-expected 40% year-on-year to Rs 3,405.6 crore, even as forex losses and cost pressures hurt domestic business.

The India's largest commercial vehicle maker's consolidated revenue in October-December accelerated 44% from a year ago to Rs 45,260.3 crore, helped by strong demand for Jaguar, Land Rover vehicles, especially the new Evoque, in markets like China. Pick up in domestic passenger vehicle sales led by Nano also boosted earnings.

Analysts on average had expected Tata Motors' third quarter consolidated net profit at Rs 2,500 crore on revenue of Rs 43,365 crore.

Its consolidated EBITDA margin was up 70 bps to 16% in the three-month period.

But it was totally a different picture in its domestic operations.

Tata Motors' standalone net profit slipped near 58% from a year ago to Rs 173.7 crore, while revenue rose 18% to Rs 13,337.9 crore.

Standalone EBITDA margin slumped over 400 bps to just 6.7% as high raw material costs and foreign exchange losses hurt.

Company officials say increasing costs and competition remain a challenge domestically and Tata Motors will focus more on cost reductions and controlling operating expenses apart from looking at price hikes from time-to-time to ease pressures.

It also expects forex losses will reverse as the rupee has appreciated again.

Tata Motors sold 131,220 commercial vehicles in domestic market, up 15.5% from a year ago in Oct-Dec. It sold 85,963 passenger vehicles in the domestic market, up 33.2% from a year ago led by the Nano.

The Nano is seeing "good traction" in sales, said MD P M Telang. The company is taking various steps like increasing special Nano access points to 300 from 120 now to boost sales further. Telang expects Nano sales will top 10,000 units/month in the next 1-2 months.

The company has also set up special display showrooms for boosting sales of Fiat cars, where "there is significant scope for improvement."

Tata Motors is also exploring opportunities in ASEAN countries to set up manufacturing plants and also exporting Nano.

Currently Tata Motors exports Nano to Sri Lanka and Nepal.

Tata Motors had 59.4% market share in domestic CV industry and 14.6% in PV.

Meanwhile JLR has secured 700 million pound revolving line of credit from 8-10 banks. Officials said it is a flexible line of credit, which could be drawn for operational purposes.

It doesn't have any immediate plans to raise funds in the domestic market.

Tata Motors shares closed at Rs 267.90, up 3.7% over their previous close.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

JP Associates Q3 net profit at Rs 205cr

Jaiprakash Associates has announced its third quarter results. The company's Q3 net profit was down at Rs 205 crore versus Rs 233 crore, YoY.

Its Q3 total income was up at Rs 3,306.4 crore versus Rs 2,949 crore, YoY and other income was up at Rs 120 crore versus Rs 4 crore, YoY.

Its EBITDA margins were at 24.7% versus 28.71%, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Wockhardt Q3 PAT up 50% at Rs 212.8 cr

Wockhardt has declared its third quarter results. The company's PAT was up 50% at Rs 212.8 crore versus Rs 141.7 crore, year-on-year, YoY.

Its net sales were up 27.1% at Rs 1208.7 crore versus Rs 950.8 crore.

Its EBITDA 376.36 crore versus 243.64 crore.

The company's EBITDA at Rs 30.9% versus 25.6%.

� Exceptional loss of Rs 9.5 cr vs profit of Rs 16.5 crore
� Interest expenses higher at Rs 67.9 cr vs Rs 56.1 crore
� Forex loss of Rs 29.6 cr vs Rs loss of Rs 22.3 crore

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Punj Lloyd Q3 PAT at Rs 70 cr

Punj Lloyd has declared its third quarter results. The company's total Income was up 25% at Rs 2701 crore versus Rs 2152 crore.

Expenses was up 31% at Rs 2776 crore versus Rs 2124 crore.

EBITDA down 85% at Rs 14 crore versus Rs 96 crore.

EBITDA, including Other Income of Rs 319 crore, came in at Rs 334 crore versus Rs 103 crore.

OPM at 0.53% versus 4.45%

Its PAT was at Rs 70 crore versus loss of Rs 62 crore.

Contractor charges was up 76% at Rs 1093 crore.

Materials consumed was up 2% at Rs 663 crore.

Employee costs was up 18% at Rs 333 crore.

Depreciation was up 32% at Rs 89 crore

Other Income up 40x at Rs 319 crore

Interest costs up 62% at Rs 137 crore.

Order inflows and backlog

YTD order inflows at Rs 12364 crore versus Rs 9978 crore in FY11

Co's order backlog as of Feb 13th 2012 is at Rs 28270 crore; versus Rs 26700 crore at the end of Q2FY12

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Shree Renuka Sugars Q3 net profit up at Rs 343.9cr

Shree Renuka Sugars has come out with its third quarter results. Its Q3 sales were down 9% at Rs 2045.8 crore versus Rs 2247 crore, YoY.

The company's net profit was up at Rs 343.9 crore versus Rs 66.4 crore, YoY.

Its forex gain has increased to Rs 429.3 crore against Rs 43.5 crore, YoY. Its OPM stands at 16.24% versus 13.37%.

On quarter on quarter basis, its sales were down 12.4% at Rs 2045.8 crore versus Rs 2334.9 crore and profit was at Rs 343.9 crore versus loss of Rs 618.5 crore.

The company's forex gain was of Rs 429.3 crore versus loss of Rs 569.9 crore. Its OPM was at 16.24% versus 10.45%.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Cipla Q3 net profit up 16% at Rs 270 cr

Cipla has declared its third quarter results. The company's Q3 net profit was up 16% at Rs 270 crore versus Rs 233 crore, year-on-year, YoY.

Its total income was up 12.9% at Rs 1758 crore versus Rs 1557 crore.

Its EBITDA was up at Rs 391.5 crore versus Rs 318.2.

The company's EBITDA at 22.26% versus 20.43%.

Domestic revenue was up 18%

Exports was up 10.7%

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Parsvnath Developers Q3 PAT down 25% at Rs 23cr

Parsvnath Developers has announced its third quarter results. The company's Q3 net profit was down 25% at Rs 23 crore versus Rs 31 crore, year-on-year, YoY.

Its revenue was up 7.14% at Rs 240 crore versus Rs 224 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IOC Q3 PAT up 52% at Rs 2,488 cr

Indian Oil Corporation , (IOC) has announced its third quarter results. The company's Q3 net profit was up 52% at Rs 2,488 crore versus Rs 1,635 crore, year-on-year, YoY.

It net sales were up 29% at Rs 98,272 crore versus Rs 75,891 crore, YoY.

Its forex loss of Rs 4,315 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sun Pharma Q3 net nearly doubles

Sun Pharmaceutical , India's top drugmaker by market capitalisation, reported a better-than-expected 91% rise in December quarter net profit on robust sales by Israeli unit Taro Pharmaceutical Industries .

Sales in the US also helped, said the company, which makes generic drugs and provides contract research and manufacturing services.

Sun Pharma's consolidated net profit rose to Rs 668 crore in the third quarter ended December 31, from Rs 35 crore a year ago.

Analysts estimated the net profit at Rs 527 crore, according to Thomson Reuters StarMine data.

Sales rose 37.3% to Rs 2,145 crore, it said.

Taro, in which Sun Pharma owns about 67% and has made an offer to acquire the company fully, reported a net income of Rs 308 crore on a net sales of Rs 7.32 crore in the quarter.

"Business performance is in line with our expectations," Chairman Dilip Shanghvi said in a statement. "We expect the momentum to continue."

The company, however, warned the strong sales and profit growth of Taro might not be sustainable as it was driven by increased selling prices for select products in the US.

Valued at USD 11.34 billion, shares in Sun Pharma closed up were up 2.2% at Rs 553.15 on Monday when the Mumbai market rose 0.14%.

US SALES SURGE

Sun Pharma, which draws more than half of its revenue from the United States, also benefited from a sharp depreciation in the value of the rupee.

Its U.S. formulations sales rose 47 percent to 10.28 billion rupees in the quarter, when the Indian rupee fell more than 7 percent versus the U.S. dollar.

Its Indian rival Dr Reddy's Laboratories Ltd also reported more-than-double sales in North America over the same period while Lupin's business grew 32.4%.

Indian drugmakers, which account for about a third of U.S. applications for approval to sell generics, are expected to add$2 billion to $2.5 billion in US sales in the next five years, doubling their revenue the country.

Drugs worth more than USD 140 billion are likely to go off patent in the next five years.

In the next few years, Sun Pharma, along with Ranbaxy Laboratories , Dr Reddy's Laboratories and Lupin will compete for a host of big-ticket drugs losing patent protection.

These include Forest's Alzheimer's drug Namenda, anti-depressant Lexapro, and the blood clot drug Plavix, sold jointly by Bristol-Myers Squibb Co and Sanofi .

Sun Pharma's Indian formulations business grew 17% to Rs 695 crore compared with an 11% rise for Dr Reddy's and 29.3% for Lupin.

"Although the last two quarters were kind of an aberration, Taro will continue to be the growth driver for the company," said Siddhant Khandekar, analyst at ICICI Direct in Mumbai.

The Mumbai-based drugmaker's operating margin was at a healthy 40 percent.

"Considering the profitability, the stock will remain at a high valuation trajectory in the future."

Source: www.moneycontrol.com

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Coal India Q3 net up 53% at Rs 4,038cr, beats estimates

PSU major Coal India reported a 53% jump in the net profit at Rs 4,037 crore for the quarter ended December 2011. The company reported a near 17% growth in sales at Rs 15,349 crore.

The company beat street estimates on the net profit but sales growth fell short of expectations. A CNBC-TV18 poll expected the company to report net profit Rs 3933 crore over revenue of Rs 16,150 crore.

It's consolidated other income was up at Rs 1,856 crore versus Rs 1,250 crore, YoY.

Shares of India's largest PSU company (in terms of market cap) rose 1.42% post result were announced in flat trade.

Source: www.moneycontrol.com

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SAIL Q3 PAT down 43% at Rs 632 cr

Steel Authority of India , SAIL has announced its third quarter results. The company's Q3 net profit was down 43% at Rs 632 crore versus Rs 1,108 crore, year-on-year, YoY.

Its net sales were down 5% at Rs 10,594 crore versus Rs 11,143 crore, YoY.

The company's forex loss of Rs 466 crore versus gain of Rs 33 crore, YoY.

Its EBITDA margin at 13.6% versus 14.6%, YoY.

Source: www.moneycontrol.com

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SBI Q3 beats estimates, PAT up at Rs 3263 cr

India's largest lender, State Bank of India 's (SBI) has posted a better than expected third quarter (Oct-Dec) performance. Its net profit rose more than 15% (year-on-year) to Rs 3263 crore on higher interest income.

Net Interest Income (NII) or the difference between interests earned and expended rose nearly 27% to Rs 11466 crore.

Net Interest Margin (NIM) also increased to 4.05% compared to 3.8% in July-September quarter.

The gross non-performing asset (NPA) ratio stood at 4.61% as against 4.19% in the previous quarter (Q2). The net NPA ratio 2.22 versus 2.04% in Q2.

Loan book expanded more than 17% (YoY) to Rs 8.69 lakh crore. Incremental credit growth (in between April and December) has been 13%. Retail book grew by 12% YoY, to Rs 1.75 lakh crore.

Deposit grew nearly 14%, YoY, to Rs 10.01 lakh crore.

Total provision are at round Rs 4000 crore, in Q3 as against Rs 3936 crore a year back. Provision against loan losses zoomed 84% YoY to Rs 3006 crore.

Source: www.moneycontrol.com

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Reliance Power Q3 net profit up at Rs 204 cr

Reliance Power has come out with its third quarter results. Its Q3 net profit was up at Rs 204 crore versus Rs 144 crore, YoY.

The company's net sales were up at Rs 457 crore versus Rs 251 crore, YoY.

Its Q3 consolidated other income was up at Rs 217 crore versus Rs 104 crore, YoY.

Source: www.moneycontrol.com

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DB Realty Q3 net profit down 89% at Rs 11.7 cr

DB Realty reported a consolidated net profit of Rs 11.7 crore in the third quarter of FY12, a fall of 89.2% as compared to Rs 108.7 crore in a year ago quarter.

Consolidated revenue declined 61.6% to Rs 104.8 crore from Rs 273.2 crore year-on-year.

Consolidated EBITDA margins dropped drastically at 15.36% in the October-December quarter of FY12 versus 49.4% in the corresponding quarter of last fiscal.

Source: www.moneycontrol.com

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Neyveli Lignite Q3 net profit up 92.5% at Rs 185 cr

Neyveli Lignite Corporation reported a net profit of Rs 184.94 crore in the October-December quarter of FY12, a growth of 92.5% as compared to Rs 96.07 crore in a year ago quarter.

Net sales rose 20.3% to Rs 1,045.99 crore from Rs 869.21 crore year-on-year.

Numbers were less than analysts' expectations; CNBC-TV18 poll saw a profit after tax of Rs 199 crore and net sales of Rs 1,069 crore.

Source: www.moneycontrol.com

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Gammon Infra Q3 net shoots up 368% to Rs 8.9 cr

Gammon Infrastructure Projects ' net profit shot up 368.4% to Rs 8.9 crore for the third quarter of FY12 from Rs 1.9 crore in the corresponding quarter of last financial year.

Net sales rose 14.3% to Rs 15.2 crore from Rs 13.3 crore year-on-year.

On Friday, the share closed up 0.77% at Rs 16.99, with volumes of 603,005 shares.

Source: www.moneycontrol.com

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Reliance Comm Q3 net falls 61% to Rs 186 cr

Reliance Communications reported a 61% fall in quarterly profit -- its 10th straight quarter of declining profit -- as the country's second-biggest mobile phone operator by subscribers struggles with its heavy debt load.

Reliance Communications, controlled by billionaire Anil Ambani, said consolidated net profit fell to Rs 186 crore for its fiscal third quarter ended December from Rs 480 crore a year earlier.

Analysts in a Reuters poll of brokerages had, on average, expected net profit of Rs 195 crore for the company, which had more than 150 million mobile customers as of December.

Source: www.moneycontrol.com

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DLF Q3 net profit down 31% at Rs 258 cr

DLF , India's largest real estate firm by market cap, reported a profit after tax of Rs 258 crore in the October-December quarter of FY12, a massive fall of 30.65% as compared to Rs 372 crore in the previous quarter.

EBITDA declined 2.6% to Rs 1,184 crore from Rs 1,216 crore during the same period.

Consolidated revenues too fell 21% to Rs 2,034 crore from Rs 2,577 crore QoQ.

Real estate firm reported huge growth in other income at Rs 362 crore in the quarter ended December FY12, a spike of 723% as compared to Rs 44 crore in an earlier quarter.

In a press conference, the company says it may take a few more quarters to regain full momentum. Company's strategy shall require patience, caution to execute, it adds.

"Operations continue to face domestic and global macro economic headwinds. Macro environment is unfavourable with high interest rates, high commission and labour inflation."

Source: www.moneycontrol.com

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Net FII Purchases & Sales during the Week 6th Feb 2012 to 10th Feb 2012

Net FII Purchases & Sales during the Week 6th Feb 2012 to 10th Feb 2012

FII purchases during the week:

6/2/2012: 974
7/2/2012: 1104.3
8/2/2012: 692.3
9/2/2012: 450.5
10/2/2012: 1450.4

FII were net buyer of Rs 4671.50 crore during the week.

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Sectoral Performance during the Week 6th Feb 2012 to 10th Feb 2012

Sectoral Performance during the Week 6th Feb 2012 to 10th Feb 2012

MAJOR SECTORAL GAINERS:

REALTY: 5.80%
CONSUMER DURABLE: 5.80%
METALS: 4.10%
POWER: 0.70%
CAPITAL GOODS: 0.30%
FMCG: 0.20%

MAJOR SECTORAL LOSERS:

PHARMA: -1%

MAJOR GAINERS IN BSE ‘A’ CATEGORY:

IFCI: 29.20%
HDIL: 19.50%
JET AIRWAYS: 18.80%

MAJOR LOSERS BSE ‘A’ CATEGORY:

BHARTI: -11%
ADANI ENT: -8.50%
UNITED SPIRITS: -7.50%

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Trend in Global Market during the Week 6th Feb 2012 to 10th Feb 2012

Trend in Global Market during the Week 6th Feb 2012 to 10th Feb 2012

DOW JONES: -0.50%
FTSE: -0.80%
DAX: -1.10%
CAC: -2.90%
BOVESPA: -1.90%
SINGAPORE: 1.40%
NIKKEI: 1.30%
HANG SENG: 0.10%
SHANGHAI: 1.70%
SENSEX: 0.80%

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Important US Economic Data Releases for the Week 13th Feb 2012 to 17th Feb 2012

Important US Economic Data Releases for the Week 13th Feb 2012 to 17th Feb 2012

Tuesday
Retail Sales
Import and Export Prices
Business Inventories

Wednesday
IIP

Housing Market Index
EIA Petroleum Status Report
FOMC Minutes

Thursday
Housing Starts
Jobless Claims
Producers Price Index
EIA Natural Gas Report

Friday
Consumer Price Index
Leading Indicators

Source: www.sharetipsinfo.com

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Tata Chemicals Q3 net up by 36% at Rs 223.78cr

Tata Chemicals , the fertilizer and chemicals arm of Tata Group, today reported a 36% rise in net profit at Rs 223.78 crore for the quarter ended December 31, following growth across all segments in the domestic as well as the international markets.

The company's net profit for the third quarter of FY11 stood at Rs 164.57 crore. It posted 32% rise in net sales at Rs 3,854.14 crore in the period under review, compared to Rs 2,910.22 crore in the corresponding period of last fiscal. "We are delighted to report continuing strong operating and financial performance. All our facilities, both domestic and international, have performed well. Our production and sales volumes have been stable," Tata Chemicals Managing Director R Mukundan told reporters.

Firm input costs are putting pressure on margins, however, strengthening rupee over the last month has been encouraging, he said. "While current demand appears stable, it continues to be influenced by several macro environment factors. I am, however, confident that our access to low cost resources combined with efficient operations and well entrenched and expansive distribution network will enable us to continue to create value and drive growth," he said.

In the chemicals business, the company's Europe operations witnessed improved utilization, its British Salt performance was robust and there was steady improvement in Magadi operations, he said. However, productions at the company's North America operations moderated due to slow resumption of operations post expansion, he added.

Consumers products, he said, continued to maintain leadership position in branded salt at 64% market share in the country. About its fertilizer segment, Mukundan said the expansion of soda ash capacity by 1 lakh TPA at Tata Chemicals North America (TCNA) was concluded. Tata Chemicals operations at Babrala in Uttar Pradesh is stable and its new ammonia converter will be hooked up in March or April this year, he said.

Source: www.moneycontrol.com

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Apollo Hospitals Q3 net profit up 41% at Rs 64.6 cr

Apollo Hospitals has announced its third quarter results. The company's Q3 net profit was up 41% at Rs 64.6 crore versus Rs 45.8 crore, year-on-year, YoY.

Its total income was up 19% at Rs 715 crore versus Rs 601 crore, YoY.

Source: www.moneycontrol.com

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BPCL Q3 net profit up at Rs 3140cr

BPCL has announced its third quarter results. The company's Q3 net profit was up at Rs 3,140 crore versus Rs 187 crore, year-on-year, YoY.

Its net sales were up at Rs 58,824 crore versus Rs 36,666, YoY.

Its subsidy was up at Rs 3,573 crore versus Rs 1,171 crore, YoY.

Its nine month GRMs was down at USD 2.78 per barrel versus USD 3.63 per bbl.

Source: www.moneycontrol.com

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IDFC Q3 PAT up 27% at Rs 387 cr on higher interest income

Infrastructure Development Finance Company or IDFC's third quarter (Oct-Dec) standalone net profit climbed more than 27% year-on-year to Rs 387 crore on the back of higher interest income.


The company's Q3 consolidated net profit was up at Rs 381 crore versus Rs 321 crore, year-on-year, YoY.

Its consolidated net sales were up at Rs 1,639 crore versus Rs 1,306 crore, YoY. The net interest income (NII) or the difference between interests earned and expended rose 30% to Rs 1,527 crore for the nine months ended December 31. The Q3 NII growth (y-o-y) was not mentioned in the press release sent by the company.

The gross non-performing asset (NPA) ratio shot up from 0.19% to 0.33% sequentially. Net NPA ratio too jumped from 0.09% to 0.22% during the same time. Consequently, provisions and contingencies doubled to Rs 98 crore as against Rs 48 crore a year back.

Source: www.moneycontrol.com

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Cummins India Q3 net profit up at Rs 141 cr

Cummins India , the diesel and natural gas engines manufacturer for power generation, industrial and auto companies, has reported a net profit of Rs 141 crore in the third quarter of FY12, a moderate increase as compared to Rs 139 crore in a year ago quarter.

Net sales rose over 1% to Rs 971 crore from Rs 960 crore year-on-year, but it fell more than 9% as compared to Rs 1,070 crore in the previous quarter.

Net sales for nine months came in at Rs 3,062 crore, an increase of 4% from Rs 2,936 crore in a year ago period.

Source: www.moneycontrol.com

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Tata Steel posts Rs 687cr loss in Dec quarter

Tata Steel , the world's No. 7 steelmaker, posted its first quarterly net loss in more than two years, hit by higher raw material costs and weak prices in Europe.

Tata Steel reported a net loss of Rs 687 crore for its fiscal third quarter ended December, compared with a net profit of Rs 949 crore a year earlier.

After minority interest and share of associates, it reported a net loss of Rs 603 crore.

Analysts, on average, had expected a net profit of Rs 34 crore, according to a Reuters poll of 12 brokerages.

Global crude steel production hit a record high of 1.53 billion tonnes in 2011, but the pace of growth was sharply lower than the previous year as the sovereign debt crisis in Europe and slowing economic growth in top consumer China dented demand.

Shares in Tata Steel, valued at USD 8.9 billion, closed up 0.3% ahead of the results. The stock has jumped about 36% so far in 2012, compared with a nearly 15% rise in India's benchmark index.

Source: www.moneycontrol.com

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ACC Q4 cons net profit up 86% at Rs 463 cr

ACC has announced its fourth quarter results. The company's Q4 consolidated net profit was up 85.94% at Rs 463 crore versus Rs 249 crore, year-on-year, YoY.

Its consolidated net sales were up 27% at Rs 2,657 crore versus Rs 2,093 crore, YoY.

Source: www.moneycontrol.com

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HPCL Q3 PAT at Rs 2725cr boosted by govt subsidy

State run Hindustan Petroleum (HPCL) has posted a net profit of Rs 2725 crore for the December quarter as against Rs 211 crore, year-on-year. The oil retailer in an earnings statement said it got a boost in the form of subsidy support of Rs 8080 crore from upstream companies and Rs 503.34 crore from the government for selling petroleum products at government controlled rates.

The results are much ahead of CNBC-TV 18 poll, which had estimated HPCL to post a net loss of Rs 700 crore, assuming a lack of cash subsidy from the government during the quarter for selling diesel and cooking fuels at discounted prices.

HPCL's gross under-recoveries for the quarter stood at around Rs 7,000 crore.

Meanwhile, sales of the company also went up 41% to Rs 47917 crore, y-o-y. Shares of the company closed the day at 287.50, marginally up before the company announced its quarterly earnings.

Source: www.moneycontrol.com

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Apollo Tyres Q3 net down 18% on high cost, one-time penalty

Apollo Tyres ' net profit for the third quarter fell higher-than-expected 18% year-on-year to Rs 98 crore, hurt by high raw material costs and one-time penalty on its South African subsidiary.

The company's net sales during the three-month period, however, were well ahead of street estimates, up 36% year-on-year to Rs 3,228.2 crore.

Analysts on average had expected Apollo Tyres to report a net profit of Rs 114 crore on revenue of Rs 2,887 crore, according to a CNBC-TV18 poll.

During the third quarter, Apollo Tyres had exceptional loss of Rs 29.4 crore due to a penalty imposed on its South African subsidiary. Apollo Tyres South Africa (ATSA) had entered into settlement agreement with that country's competition commission following the agency's investigation against South African Tyre Manufacturers Conference and four local tyre manufacturers and suppliers, including ATSA, Apollo Tyres said.

The company's raw material costs in the October-December quarter were up 37% from a year ago to Rs 2,000 crore. Interest costs were up 38% to Rs 73 crore.

"The raw material prices have stabilised to some extent, but they continue to remain on the higher side and put our margins under pressure," said Onkar Kanwar, Chairman.

Apollo Tyres' operating profit margin was at 10%, compared with 11.5% in the year ago quarter.

The company said margins could improve in the fourth quarter if raw material costs fell.

Meanwhile, Apollo Tyre's India business rose 47% in the quarter, while South African business grew 27%.

Apollo Tyres shares closed up 4.3% at Rs 75.50 on NSE on Thursday

Source: www.moneycontrol.com

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TV18 Broadcast Q3 consolidated net loss at Rs 53.5 cr

TV18 Broadcast (erstwhile IBN18 Broadcast) has reported a consolidated net loss of Rs 53.5 crore in the October-December quarter of FY12 as against loss of Rs 8 crore in the previous quarter.

Consolidated revenue rose 13.6% to Rs 343 crore from Rs 302 crore quarter-on-quarter.

Source: www.moneycontrol.com

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Ambuja Cements Q4 net up 17% at Rs 302 cr

Ambuja Cements , country's second largest company by market cap, has reported a net profit of Rs 302 crore in the fourth quarter of FY12, a growth of 17% as compared to Rs 257.5 crore in a year ago quarter. Exceptional loss during the quarter stood at Rs 24 crore.

Net sales too rose 30% to Rs 2329.1 crore from Rs 1788.5 crore year-on-year.

Numbers were largely in line with analysts' expectations; CNBC-TV18 poll saw net profit of Rs 314 crore and sales of Rs 2,283 crore.

Tax credit increased 81% to Rs 67.3 crore in the October-December quarter of FY12 versus Rs 37.1 crore in the corresponding quarter of last fiscal.

EBITDA margins too improved at 18.1% versus 17.6% during the same quarters.

Source: www.moneycontrol.com

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Hindalco Q3 PAT down 2%, high input cost a concern

Higher raw material cost marginally trimmed Hindalco Industries' December quarter profits to Rs 450 crore as against Rs 460.3 crore, the company posted in the year-ago period. However, sales rose 11% to Rs 6,590 year-on-year on higher volumes and better realisation from both its aluminium and copper verticals.

The Aditya Birla led company said it posted satisfactory results despite raw material cost surging 34% to Rs 738 crore y-o-y. At the same time, the company also expressed concern on the volatile London Metal Exchange (LME) prices, foreign exchange fluctuations along with spiraling cost of fuel to be a major challenge in the short term.

On segment wise performance, the company said:

Higher volumes and slightly improved realisation resulted in a 13% growth in aluminum revenues to Rs 2236 crore but spiraling input cost hurt its EBIT. Also, LME prices of aluminum dropped 13% to $2,105

During the quarter, the company deployed Rs 21,172 crore capital to expand capacities in its ongoing projects including Mahan and Hirakud rolled and Aditya Aluminium Projects.

Its copper vertical too witnessed around 10% increase in its revenues to Rs 4418 crore on the back of higher LME and by-product credits. Copper volumes rose on account of improved efficiency. The segment's PBT also rose 51% to Rs 216 crore.

Shares of the company pared some of its losses of early morning trade and was down marginally to Rs159.20 post the earnings announcement.


Source: www.moneycontrol.com

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Declaration of dividend in BSL Dividend Yield Plus and BSL '95 Fund

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New Product : KIM of Reliance Fixed Horizon Fund - XXI - Series 30 (1101 days)

Please find below the Reliance Fixed Horizon Fund - XXI - Series 30 (1101 days) NFO details for your reference.

RFHF - XXI - Series 30

NFO Opens on February 14, 2012

NFO Closes on February 22, 2012

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Tech Mahindra Q3 net up 15% at Rs 276 cr

Tech Mahindra , a part of Mahindra group, reported a consolidated net profit of Rs 276 crore in the October-December quarter of FY12, a growth of 15% as compared to Rs 240 crore in the previous quarter.

Consolidated net sales rose 8.4% to Rs 1,445 crore from Rs 1,333 crore quarter-on-quarter.

Numbers were less than analysts' expectations. CNBC-TV18 poll saw software services provider's profit after tax of Rs 281.45 crore and revenues of Rs 1,501 crore.

Source: www.moneycontrol.com

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Govt remuneration cushions ONGC's 5% PAT loss

State-owned Oil and Natural Gas Corp (ONGC) has reported a 5% decline in its December quarter profits to Rs 6,741 crore. The company posted profits due to a royalty write-back of Rs 3,500 crore from the government.

This re-imbursement is actually the royalty which ONGC had paid on behalf of other private companies in seven pre-NELP production blocks as per the production sharing contracts issued by the government.

Meanwhile, its sales were also down nearly 3% to Rs 18,123 year-on-year due to the company giving a subsidy share of Rs 12,536 crore toward oil marketing companies for selling petroleum products at government regulated prices.

Shares of ONGC reacted to the earnings announcement and slipped around 1.5% to Rs 282.

Source: www.moneycontrol.com

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Orchid Chemical posts consolidated loss at Rs 11 cr in Q3

Orchid Chemicals and Pharmaceuticals reported a consolidated net loss of Rs 11 crore in the third quarter of FY12 as against profit of Rs 57 crore in a year ago quarter, led by forex loss.

The company reported a forex loss of Rs 49 crore during the quarter versus gain of Rs 3.7 crore year-on-year.

Consolidated net sales increased marginally to Rs 482 crore from Rs 462 crore year-on-year.

EBITDA declined at Rs 129 crore in the October-December quarter of FY12 against Rs 131.3 crore in the corresponding quarter of last fiscal.

Source: www.moneycontrol.com

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Jubilant Foodworks Q3 net up 55% at Rs 29.5 cr

Jubilant Foodworks , which operates Dominos Pizza chain in India, reported a net profit of Rs 29.5 crore in the October-December quarter of FY12, a growth of 55.3% as compared to Rs 19 crore in a year ago quarter.

Net sales rose 49% to Rs 277 crore from Rs 186 crore year-on-year.

Numbers were in line with analysts' expectations; CNBC-TV18 poll saw revenues of Rs 274.2 crore and profit after tax of Rs 27 crore.

Source: www.moneycontrol.com

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GMR Infra posts consolidated loss at Rs 108 cr in Q3

Construction company GMR Infrastructure reported a consolidated net loss of Rs 108 crore in October-December quarter of FY12 as against a loss of Rs 22 crore in the corresponding quarter of last fiscal.

Consolidated net sales rose 47% to Rs 1,999 crore from Rs 1,359 crore year-on-year.

Company showed better performance at EBITDA level, which went up 17.85% to Rs 449 crore in the third quarter of FY12 versus Rs 381 crore in a year ago quarter.

Interest cost increased 32% to Rs 424 crore from Rs 321 crore during the same period.

Source: www.moneycontrol.com

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Bharti Airtel's Q3 PAT down 1.5% on high interest cost

Bharti Airtel , the country's largest telecom player's December quarter net profit declined 1.5% to Rs 1,027 crore quarter-on-quarter on the back of high interest charges and costs related to the roll-out of 3G network.

The drop has also been attributed to higher tax provisioning in the quarter. Tax rate was at 32.5% year-to-date.

This is the eighth straight quarter for which Bharti has reported a decline in net profit.

Shares of the telco reacted to the results and declined 4% to Rs 366.30.

The Sunil Mittal led company in an earnings statement said the roll-out of its 3G network resulted in a higher amortisation cost of Rs 164 crore for the quarter, while its net interest cost rose to Rs 116 crore during the quarter under preview.

Meanwhile, sales of the company grew 7% to Rs 18477 crore boosted by better realization rates.

The company's overall customer base stood at 243 million across 19 countries.

Monthly average revenue per user (ARPU), a key metric for telecom carriers, from Bharti's Indian operations rose to Rs 187 during the reporting quarter from Rs 183 in the September quarter.

Debt-equity ratio of the company increased to 1.38 during the December quarter compared to 1.33 in the previous quarter. During the quarter, the company also amortised Rs 164 crore towards the payment made for the 3G license fee.

"I am pleased that investments in branding and networks continue to be our focus in India, as we enhance customer experience for voice quality and cater to the ever increasing demand for data. These investments are resulting in healthy growth of Mobile revenues," said Bharti Airtel chairman and managing director Sunil Bharti Mittal

Source: www.moneycontrol.com

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BGR Energy Q3 PAT down 37% at Rs 55 cr

BGR Energy has reported a profit after tax of Rs 55 crore in the October-December quarter of FY12, a fall of 37% as compared to Rs 87 crore in a year ago quarter.

Total income fell 36% to Rs 804 crore from Rs 1,257 crore year-on-year.

Numbers were less than analysts' expectations; CNBC-TV18 poll saw profit after tax of Rs 58 crore and total income of Rs 983 crore.

Expenditure went up 2% to Rs 676 crore from Rs 665 crore year-on-year.

EBITDA was down 11% at Rs 131 crore in the December ended quarter of FY12 versus Rs 147 crore in the corresponding quarter of last fiscal.

Operating profit margin improved at 16.34% versus 11.71%.

Segment Performance

- Revenues from capital goods division rose 19% to Rs 75 crore and EBIT was up 83% at Rs 9 crore

- Construction & EPC contracts revenues went down 39% at Rs 727 crore and EBIT too fell 15% to Rs 118 crore

The company secured EPC contracts worth Rs 1,698 crore in Q3FY12 for 2x300MW coal based thermal power project in Chattisgarh. Now, company's current order book stands at Rs 8000 crore.


Source: www.moneycontrol.com

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NHAI TAX FREE BONDS LISTING on 8-02-2012

Please find below mentioned the details of the listing of NHAI Tax Free Bonds listing at BSE. The same will get listed at BSE and NSE.

Notice no: 20120207-5
Notice date: Tuesday, February 07, 2012

Listing of Tax free Secured Redeemable Non convertible Bonds of National Highways Authority of India of face value Rs. 1000 each.

Trading Members of the Exchange are hereby informed that the under mentioned securities of National Highways Authority of India are admitted to dealings on the Exchange with effect from Wednesday, February 8, 2012 in the list of "F GROUP".

Securities:

National Highways Authority of IndiaTax free Secured Redeemable Non
convertible Bonds of face value Rs. 1000 each.

Name of the Company/Authority

National Highways Authority of India

National Highways Authority of India


Name of the Series

Series 1 – 10 year Bond @ 8.20% p.a.

Series 2 – 15 year Bond @ 8.3% p.a.


Face/Paid-up value of Bonds (Rs. /Bond)

1,000

1,000

Issue Price of Bonds (Rs. /Bond)
1,000
1000

Scrip Code:

961727
961728

Scrip ID
820NHAI22
830NHAI27

Security Description
Debentures
Debentures

No. of Securities
6,71,69,762
3,28,30,238

Distinctive number
1 - 67169762
200000001- 232830238

ISIN
INE906B07CA1
INE906B07CB9

Abbrv. Name
820NHAI22
830NHAI27

Coupon (%)
8.2% p.a.
8.3% p.a.

Deemed Date of Allotment
25th January 2012
25th January 2012

Date of Allotment
25th January 2012
25th January 2012

Lock-In Upto
No lock-in
No lock-in

Put/Call Option (Buy Back Date)
Not Applicable
Not Applicable

Buyback Amt.
Not Applicable
Not Applicable

Buyback Intimation Period
Not Applicable
Not Applicable

Redemption/Maturity date
25th January 2022
25th January 2027

Tenor:

10 years
15 years

Maturity/Redemption Amt. per Bond (Rs.)
1,000
1,000

First Interest payment date
1st October each year
1st October each year

Credit Rating
CRISIL : Crisil AAA/Stable
FITCH : Fitch AAA(ind) with Stable Outlook

CARE : Care AAA

Market lot
1 Bond
1 Bond

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Dividend Declaration: HDFC Long Term Advantage Fund & HDFC Premier Multi-Cap Fund

HDFC Trustee Company Limited, the Trustee to HDFC Mutual Fund has announced
dividends as under:

Name of the Scheme: HDFC Long Term Advantage Fund - Dividend Option*
Dividend amount: Rs. 4.00
per unit) #
NAV (per unit): Rs. 33.403
NAV as on 2nd February, 2012


Name of the Scheme: HDFC Premier Multi- Cap Fund - Dividend Option
Dividend amount: Rs. 1.50
per unit) #
NAV (per unit): Rs. 13.480
NAV as on 2nd February, 2012

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Gaurav Agarwal
Head Dealer
DENIP COnsultants Pvt Ltd

Net FII Purchases & Sales during the Week 30th Jan 2012 to 3rd Feb 2012

Net FII Purchases & Sales during the Week 30th Jan 2012 to 3rd Feb 2012

FII purchases during the week:

31/01/2012: 645.1
2//2/2012: 2134.9
1/2/2012: 2092.7

FII sales during the week:

30/01/2012: -79.6

FII were net buyer of Rs 4793.10 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 30th Jan 2012 to 3rd Feb 2012

Sectoral Performance during the Week 30th Jan 2012 to 3rd Feb 2012

MAJOR SECTORAL GAINERS:

REALTY: 4.80%
AUTO: 3.50%
IT: 3.30%
BANKING: 3.20%
OIL & GAS: 1.70%
FMCG: 1.40%
PSU: 1%

MAJOR SECTORAL LOSERS:

CAPITAL GOODS: -1%
CONSUMER DURABLE: -2.80%

MAJOR GAINERS IN NIFTY:

IDFC: 5.25%
JP ASSOCIATES: 3.10%
NTPC: 2.90%

MAJOR LOSERS IN NIFTY:

HINDALCO: -3.50%
R-COMM: -3.10%
JSPL: -3.00%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 30th Jan 2012 to 3rd Feb 2012

Trend in Global Market during the Week 30th Jan 2012 to 3rd Feb 2012

DOW JONES: 1.60%
FTSE: 2.90%
DAX: 3.90%
CAC: 4.60%
BOVESPA: 3.70%
NIKKEI: -0.10%
SINGAPORE: 0.10%
SHANGHAI: 1.20%
SENSEX: 2.20%

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 6th Feb 2012 to 10th Feb 2012

Important US Economic Data Releases for the Week 6th Feb 2012 to 10th Feb 2012

Tuesday
Consumer Credit
Ben Bernanke Speak

Wednesday
EIA Petroleum Status Report

Thursday
Jobless Claims
Bloomberg Consumer Comfort Index
Wholesale Trade
EIA Natural Gas Report

Friday
International Trade
Consumer Sentiment
Ben Bernanke Speaks

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Cadila Healthcare Q3 lags forecasts, shares fall

Drugmaker Cadila Healthcare Ltd's quarterly net profit fell 8 percent despite substantial sales growth as interest and finance costs tripled due to the rupee's sharp losses.

The drugmaker, which makes generic molecules and manufactures drugs in partnership with global companies, said consolidated net profit fell to 1.49 billion rupees in October-December from 1.62 billion rupees a year earlier.

Interest and finance charges tripled to 593.5 million rupees as the rupee fell 7.7 percent versus the U.S. dollar in the fiscal third quarter ended December 31., it said.

Analysts estimated a profit of 1.61 billion rupees on sales of 13.31 billion rupees, according to Thomson Reuters I/B/E/S.

Sales rose 19 percent from a year earlier to 13.52 billion rupees buoyed by strong growth in the North American market.

"The sales numbers are slightly ahead of estimates," Siddhant Khandekar, analyst at ICICI Direct, said.

"...with the kind of product launches lined up, especially in the U.S., we see better sales growth for the company in future," he said.

ICICI Direct maintains a 'buy' rating for the stock, Khandekar said.

The company's North America sales, a key parameter for growth, rose 45 percent in December quarter from a year earlier.

Cadila's peer Lupin Ltd's branded formulations sales in North America grew 32.4 percent in December quarter, while Glenmark Pharmaceuticals reported a 56.3 percent growth in the region.

Cadila's India sales grew 18 percent, which lagged Lupin's business growth of 29.8 percent but ahead of Glenmark's performance of 11.3 percent in the same quarter.

Valued at $2.84 billion, shares in Cadila Healthcare fell 2.84 percent to 655.20 rupees by 0853 GMT.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

M&M Q3 net down higher-than-expected 10% at Rs 662 cr

Utility vehicle maker Mahindra & Mahindra reported a higher-than-expected 10% decline in third quarter net profit at Rs 662 crore, which disappointed the street, sending its stock down more than 2% in afternoon trade.

In the year-ago quarter M&M had exceptional gains of Rs 118 crore from the sale of its holdings in Owens Corning India. Excluding the one-time gains, M&M's profit was up 7.3% from a year ago.

The maker of Bolero and Scorpio SUV and Yuvraj tractor reported net sales of Rs 8,387 crore, up 36% year-on-year in the October-December quarter.

Analysts on average had expected M&M to report a net profit of Rs 691 crore, on revenue of Rs 8,000 crore, according to a CNBC-TV18 poll.

The company's operating margin at 12.2% was also lower than analysts expectation of 12.6% in the third quarter. It had margin of 15.1% in the year ago quarter. M&M expects its margins will remain under pressure in the near-future.

A key reason for the margin pressure in the last quarter was "relentless" increase in material costs. Its raw material costs during the quarter rose 21% year-on-year to Rs 4,579.22 crore.

Utility vehicles as well as tractors, meanwhile, saw "good" volume growth in the third quarter, M&M said. Sales of passenger utility vehicles, for instance, rose 23% from a year ago to 51,702 units and it has now a market share of 57.8%.

The company also sold 62,342 tractors under the Mahindra and Swaraj brands, up 12% from a year ago. M&M has a market share of 43% among tractors.

Meanwhile, M&M said inflation, although still high, has started coming down and that has raised hopes of a decline in interest rates going ahead.

At 14:30 hrs, M&M shares were down 2.6% at Rs 691.75 on NSE.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Adani Ports Q3 PAT up 34% at Rs 311 cr

Adani Ports and SEZ has reported a profit after tax of Rs 311 crore in the third quarter of FY12, a growth of 34% as compared to Rs 228 crore in a year ago quarter.

Total income rose 53% to Rs 691 crore from Rs 451 crore. Expenditure increased 43% to Rs 279 crore from Rs 195 crore year-on-year.

EBITDA too was up by 56% to Rs 481 crore from Rs 308 crore during the same period.

Operating profit margin improved at 69.71% in the October-December quarter of FY12 versus 68.42% in the corresponding quarter of last fiscal.

Operating expenses rose 29% to Rs 141 crore and depreciation cost went up 32% to Rs 70 crore.

Administration and other expenses increased 4.90 times to Rs 78 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

India Cements Q3 PAT up 2.6 times at Rs 56.3 cr

India Cements ' profit after tax rose 2.6 times to Rs 56.3 crore in October-December quarter of FY12 from Rs 21.5 crore in a year ago quarter, led by higher cement prices on a YoY basis which have gone up by 17% plus in South India.

Even the low capacity utilizations, which have been hovering around the 70% mark, have managed to keep the cement prices stable on a QoQ basis as well.

The company has debt on its books in excess of Rs 2500 crore.

Net sales rose 21% to Rs 941.5 crore from Rs 780.99 crore year-on-year.

EBITDA shot up 54% to Rs 194.6 crore from Rs 126.3 crore during the same period. EBITDA margins improved at 20.7% versus 16.2%.

Power and fuel cost went up 15% to Rs 266.8 crore from Rs 232.5 crore. Interest cost was up by 84% to Rs 74.95 crore from Rs 40.7 crore (Included loss of Rs 13.8 crore on account of foreign exchange fluctuations).

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Spicejet posts Q3 loss at Rs 39 cr on high fuel cost

High fuel prices and a weak rupee pushed SpiceJet into losses for the December quarter. The airline has posted a net loss of Rs 39.26 crore versus a Rs 94.44 crore profit which it posted in the year--ago period. Sales, however, grew 41% to Rs 1,175 crore on the back of high passenger load factors.

While the aviation turbine fuel cost rose around 90% to Rs 592.30 crore year-on-year, aircraft lease rentals also grew 51% to Rs 160 crore. The airline said that even its staff cost went up nearly 50% to Rs 112 crore, hurting profitability.

Typically, December quarter is the strongest in terms of business for airlines. The airline registered a 29% growth in its passenger volumes during the quarter(y-o-y) but predatory pricing hurt its margins.

Neil Mills, the airline's CEO said, "Our losses at PBT level fell by around Rs 200 crore but due to high taxes on fuel and a weak rupee, we reported losses." Mills further said that despite having good volumes, the airline did not have pricing power due to stiff competition.

Shares of the company rose 5% to Rs 25.30 post the result announcement.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dena Bank Q3 net up 20.65% at Rs 187 cr

State-owned Dena Bank has reported a net profit of Rs 187 crore in the October-December quarter of FY12, a growth of 20.65% as compared to Rs 155 crore in a year ago quarter.

Net interest income rose 16% to Rs 541 crore from Rs 466.4 crore during the same period.

Other income increased to Rs 134 crore from Rs 127 crore year-on-year.

The bank made provisions of Rs 124 crore in the third quarter of FY12, a rise of 45% as compared to Rs 85 crore in a year ago quarter.

Capital adequacy ratio improved at 11.58% versus 11.08% year-on-year.

On quarter-on-quarter basis, gross non-performing assets (NPAs) declined at 1.85% versus 1.93% and even net NPAs dropped at 1.10% versus 1.15%.

Gross NPAs stood at Rs 885 crore versus Rs 830 crore and net NPAs at Rs 523 crore versus Rs 491 crore quarter-on-quarter.

At 14:25 hours IST, the share climbed 6.26% to Rs 78.10. Trading volumes increased 206% to 2,166,027 shares as against 5-day average of 707,413 shares.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Volumes, price hike help HUL Q3 net up 18% YoY

Hindustan Unilever 's third quarter net profit rose 18% year-on-year to Rs 753.81 crore, helped by price hikes taken during the quarter and about 9% growth in volumes.

India's largest FMCG company reported net sales of Rs 5,853 crore, up 16.4% year-on-year in the three-month period.

Analysts on average were expecting HUL to report a net profit of Rs 710 crore on revenue of Rs 5,875 crore in October-December.

In the third quarter, HUL had restructuring costs of Rs 12.38 crore. IN the year-ago quarter it had restructuring costs of 85 lakh, profit on sale of properties of Rs 49.22 crore and Rs 15.92 crore profit on sale of long term trade investments.

R Sridhar, HUL's CFO told reporters that all the segments had delivered double digit growth although inflationary pressures were witnessed in the October-December quarter.

Growth in the quarter was driven by "judicious pricing" and cost management, he said.

HUL's operating margin in the third quarter was up 230 basis points year-on-year.

Raw material costs for the maker of Lux soap, Surf detergent and Bru coffee, in the quarter rose 21% to Rs 2,341.18 crore.

"We have delivered another strong quarter of competitive growth with improvement in margins. The results, delivered against a backdrop of an uncertain economic environment, are reflective of the strength of our brands, consistency in our strategy and relentless focus on execution. We will continue to manage our business dynamically to deliver competitive, profitable and sustainable growth," Chairman Harish Manwani said.

Among key segments, soaps & detergents sales rose near 21% year-on-year to Rs 2,645.97 crore. Personal products sales rose 14% from a year ago to Rs 1,886.17 crore in the third quarter.

HUL said beverage sales in the quarter rose 11.3% from a year ago to Rs 670.38 crore and packaged foods saw sales grow 13.5% to Rs 306.41 crore in Oct-Dec. Exports were also up 16% to Rs 337.50 crore.

However, sales from other division, which includes its PureIt water purifier and chemicals business fell 11.6% to Rs 98.21 crore.

Sridhar expects FMCG markets will grow going ahead but there are a mix of headwinds and tailwinds.

HUL shares rose over 1.5% post the earnings announcement. But the stock reversed its gains to close down 3.6% at Rs 387.05 on NSE on Monday.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Adani Power posts loss at Rs 358 cr in Q3

Adani Power has reported a net loss of Rs 358 crore in the October-December quarter of FY12 as against a profit of Rs 109 crore in a year ago quarter.

In a press conference, the management says, Q3 earnings were hit by increase in coal cost.

The company posted a forex loss of Rs 205 crore during third quarter results.

Net sales rose 110.54% to Rs 1,059 crore from Rs 503 crore year-on-year.

Expenditure increased 2.71 times to Rs 1,004 crore from Rs 271 crore.

EBITDA was down by 24% to Rs 212 crore from Rs 278 crore year-on-year. Operating profit margin declined at 20.01% versus 55.32% during the same period.

Fuel costs went up 3.21 times to Rs 736 crore and interest costs rose 1.61 times to Rs 139 crore year-on-year. Depreciation cost has gone up 2.45 times to Rs 157 crore

Average plant load factor stood at 66% versus 85% year-on-year. Average realisation during the quarter was at Rs 3.51/kwh.

At 13:39 hours IST, the stock fell 1.2% to Rs 79.45. Trading volume increased 350% to 1,275,707 shares as against 5-day average of 284,408 shares.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

TTML Q3 loss rises to Rs 145 cr QoQ

Tata Teleservices (Maharashtra) (TTML) has reported a net loss of Rs 145 crore in the October-December quarter of FY12, which was higher as compared loss of Rs 130 crore in the previous quarter.

Net sales increased marginally to Rs 624 crore from Rs 613 crore quarter-on-quarter.

Numbers were in line with analysts' expectations. CNBC-TV18 poll saw net loss of Rs 148 crore and net sales of Rs 622 crore during the quarter ended December FY12.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

PFC Q3 net profit up 68% at Rs 1,108 cr

Power Finance Corporation (PFC) has reported a net profit of Rs 1,108 crore in the October-December quarter of FY12, a massive growth of 68% as compared to Rs 659 crore in a year ago quarter. Growth in bottomline was led by strong forex gain.

The company earned a forex gain of Rs 415 crore as against loss of Rs 28 crore.

Net sales too rose 24.4% to Rs 3,282 crore from Rs 2,576 crore year-on-year.

Board members of PFC have declared an interim dividend of Rs 5 a share.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HUDCO - Reporting MIS as on 03-02-201

Date : 2/3/12 9:03 PM

HOUSING AND URBAN DEVELOPMENT CORPORTION LIMITED-TAX FREE BOND ISSUE

Issue Opens On 27th.January.2012 / Fri
Issue Closes On 06th.February.2012 /Mon

Table 1: Funds raised as % to Total Issue Size (including Green Shoe Option
i.e. Rs. 4684.72 cr)


Total Issue Size (including GS): 46,847,200,000

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Record Date - HDFC Long Term Advantage Fund and HDFC Premier Multi-Cap Fund

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HUDCO - collection figures as on 02-02-2012

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IRFC Collection Figures as on February 02, 2012(Closing Today)

Please find below mentioned the collection figures of IRFC Tax Free Bond as on February 02, 2012.


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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dr Reddy's Q3 beats street; cons net jumps 88% YoY

Dr Reddy's Laboratories reported a better-than-expected 88% year-on-year rise in third quarter consolidated net profit at Rs 513 crore, helped by new high margin generic drug launches in the US and foreign exchange gains due to rupee depreciation.

The pharma company's net sales for the October-December quarter were up 46% from a year ago to Rs 2,769.19 crore.

Dr Reddy's said both net profit and sales were highest ever quarterly sales.

Analysts on average had expected the company to report a net profit of Rs 425 crore on revenue of Rs 2,562 crore, according to a CNBC-TV18 poll.

"Gross profit margin 60% to revenues in Q3 increased largely on account of a favourable mix of high margin Olanzapine revenues and benefit of rupee depreciation," Dr Reddy's said on Friday.

Operating profit margins during the quarter was at 27.3%, sharply up from 15.5% a year ago.

The company had launched two new products in the US -- Olanzapine 20mg and Olanzapine ODT. Olanzapine is the generic version of Eli Lilly's Zyprexa, used to treat psychotic conditions such as schizophrenia and bipolar disorder.

The new drug launches helped Dr Reddy's more than double its North America generics revenue to Rs 1,111.4 crore. Its global revenue from generic drug sales rose 57% from a year ago to Rs 2,128.7 crore.

Volume growth in North America was also strong in the third quarter, helped by other key products like Lansoprazole, Tacrolimus and Omeprazole among others, Dr Reddy's said.

Among other markets, Europe generics revenue rose 14%, Russia and other CIS countries saw 15% growth and revenue from generic drugs sold in India was up 11%. Generics revenue from rest of the world rose 34%, Dr Reddy's said.

In India it launched 6 new generic drugs in the quarter.

That apart during the three-month period, the company had foreign exchange gains of Rs 28.5 crore, compared with a forex loss of Rs 4.5 crore in the year ago quarter.

Dr Reddy's has filed three abbreviated new drug applications (ANDA) in the third quarter. The company said it has 79 ANDAs pending approval from the US Food and Drugs Administration (FDA), of which 10 are first-to-file applications.

Dr Reddy's shares were trading at Rs 1,673.95, up 2.6% in late afternoon trading on NSE on Friday.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Rolta Q2 cons net up 5% at Rs 65 cr

Rolta India , a solutions and services provider for geospatial & GIS, defense and homeland security and engineering sectors, has reported a consolidated net profit of Rs 65 crore in the second quarter of FY12, a growth of 4.8% as compared to Rs 62 crore in the previous quarter.

It posted a forex loss of Rs 13.4 crore versus loss of Rs 26 crore quarter-on-quarter.

Consolidated net sales went down 2.9% to Rs 472 crore in October-December quarter of FY12 from Rs 486 crore in an earlier quarter.

EBITDA increased to Rs 190 crore from Rs 178.96 crore QoQ. EBITDA too improved at 40.25% versus 36.8%.

Segmental performance QoQ

Revenues from enterprise geospatial and defense solutions fell 6.5% to Rs 243.1 crore from Rs 260.2 crore

Revenues from enterprise design and operation solutions came in flat at Rs 104.7 crore.

Enterprise IT solutions division's revenues rose 2% to Rs 123.8 crore from Rs 121.35 crore

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Thermax's Q3 net down 5% on high input cost

Capital goods maker has Thermax reported a 5% decline in the December quarter profits to Rs 95 crore year-on-year due to high input cost. Sales marginally grew 2% to Rs 1,269 crore on the back of weak order inflows.

However, the company said that its year-to-date profit after tax grew 8% to Rs 277 crore and its operating revenue was also 16% higher at Rs 3,617 crore, year-on-year.

The company said in the nine-month ended December 2011, its operating revenues rose 25% to Rs 4,200 crore y-o-y due to the full impact of revenues from the Denmark-based Danstoker Group it acquired on November 2010.

The order backlog of the group is at Rs 5,809 crore, compared with Rs 7,154 crore last year.

Shares of the company were trading at Rs 493.50, down 2.42% at 9:15 hours.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Price hikes, volumes boost Marico Q3 cons net up 21% YoY

Marico 's third quarter consolidated net profit rose 21% year-on-year to Rs 84.12 crore, helped by good growth in volumes and price hikes taken during the quarter to offset high input costs.

The fast moving consumer goods company's net sales during the quarter were up 29% at Rs 1,058 crore.

Analysts on average were expecting Marico to report a net profit of Rs 85 crore on revenue of Rs 994 crore, according to a CNBC-TV18 poll.

"The year witnessed steep inflation in prices of input materials...The company chose to pass on a part of the input cost increase to consumers," Marico said on Wednesday.

Cost of copra, which is a key input for coconut oil and accounts for 40% of Marico's raw material costs, was 4% higher than a year ago. Safflower and Rice Bran prices were up 28% and 33% respectively in the third quarter.

Marico's gross margin in the third quarter was at 25.2%, compared with 24.4% in the year ago quarter. PBDIT (profit before depreciation, interest, taxes) margin declined to 12.7% from 13.4%.

The company said margins were likely to remain under pressure as it may not see any easing of raw material costs in the short term. It has chosen to prioritise expansion of consumer franchise over expansion of margins to ensure long term growth and success, Marico said.

The company's total expenses rose 9% year-on-year to Rs 954.92 crore.

Meanwhile, the Mumbai-based company saw a 20% volume growth in the quarter. Volumes in consumer products business were up 16%, Parachute coconut oil volumes rose 13% and Saffola refined edible oil volumes were up 15%. It saw 20% volume growth in value added hair oils.

International Business

Marico's International Business Group, which includes businesses in Bangladesh, Middle East and North Africa (MENA), South Africa and South East Asia, clocked a revenue of Rs 267 crore in the third quarter, up 39% from a year ago.

The IBG sales growth was boosted by International Consumer Products in Vietnam, a firm Marico had acquired in February 2011. The company expects its international business will continue to grow in "healthy" double digits.

Marico said it will focus on growing the categories, where it has significant market share, such as coconut oil in Bangladesh and male grooming products in Vietnam and the MENA region. It will also explore other countries as targets for expansion in the long term.

Kaya Skin Clinic

The company's Kaya Skin Clinics business reported a revenue of Rs 75 crore in the October-December quarter, with a same-store sales growth of 15%.

Kaya had a loss of Rs 14.5 crore at the PBIT level in the third quarter, but Marico feels it is showing early signs of recovery having posted growth at the same-store level for the fifth consecutive quarter.

"We feel reasonably confident that the business is on its way to record sustainable profit during fiscal 2014, if not earlier" it said.

Marico said it will remain cautious in Kaya's expansion plans, but will continue to add clinics at strategic locations to drive growth.

Marico shares closed up 2.1% at Rs 153.25 on NSE on Thursday.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Corporation Bank Q3 net profit up 5% at Rs 402 cr

State-owned Corporation Bank has reported a net profit of Rs 402 crore in the October-December quarter of FY12, a growth of 5% - in line with estimates - as compared to Rs 382.4 crore in a year ago quarter.

Net interest income went up 2.26% to Rs 861 crore - better than expected - from Rs 842 crore year-on-year.

CNBC-TV18 had expected profit after tax of Rs 403 crore and net interest income of Rs 816 crore.

Gross non-performing assets (NPAs) increased at 1.35% in the quarter ended December FY12 versus 1.32% in the previous quarter.

The bank made provisions of Rs 301 crore in the third quarter of FY12, a rise of 54% as compared to Rs 195 crore in the corresponding quarter of last fiscal.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Hexaware Q4 net doubles YoY; sees 20% sales growth in 2012

Hexaware Technologies ' fourth quarter net profit more than doubled year-on-year to Rs 88.2 crore, helped by strong demand for outsourcing services and healthy bill rates, coupled with the rupee depreciation.

The software services exported reported revenue of Rs 431.9 crore, up 44% year-on-year.

On a sequential basis the net profit was up 36.3% sequentially, while revenue rose 18% from the July-September quarter.

"This has been a remarkably strong quarter on all fronts including 7.8% revenue growth in constant currency; 460 basis points expansion in EBIT margin, improved in operational metrics such as increased headcount, healthy bill rates and continued optimization of selling general and administration (SG&A) spend," said CEO and Vice Chairman PR Chandrasekar.

Hexaware said its average bill rate per hour for the fourth quarter was up sequentially to USD 73 for onsite services and "remained firm" at USD 23.

In US dollar terms, Hexaware's revenue in the fourth quarter was up 6.7% quarter-on-quarter to USD 84.1 million, better than its earlier guidance of USD 82.5 million, the company said on Thursday.

It has forward contracts worth USD 181.3 million at an average rate of Rs 48.30 and hedges worth 9.4 million euro at an average rate of Rs 69.61, maturing over the next 8 quarters.

Guidance:

Hexaware now expects revenue will increase minimum 20% year-on-year to at least USD 370 million in 2012. Revenue in the first quarter (January-March) is likely to be at least USD 87.5 million, up 4% sequentially, it said. Hexaware's guidance is at an exchange rate of Rs 49.27 to a US dollar.

Employee and client addition:

The company said it has been "steadily ramping up its delivery capability to cater to the demand uptake visible in the market place." It aims to add more than 1,500 employees this year. Its global headcount at the end of December 2011 was at 8,317. Fourth quarter attrition rate was 13.9%.

Hexaware added 15 clients in the fourth quarter, of which ten are based in the Americas and 5 in the Asia Pacific region. Americas accounted for 64.4% of its revenues, 28.7% revenue came from Europe and 6.9% from Asia Pacific.

Hexaware shares jumped more than 10% in morning trade on the company's strong earnings performance. At 10:00 hrs, Hexaware shares were at Rs 97.40, up 10.6% on NSE.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Welspun Corp posts consolidated loss at Rs 70 cr in Q3

Welspun Corp , a pipe manufacturer, has reported a consolidated loss of Rs 70 crore in the third quarter of FY12 as against profit of Rs 150 crore in a year ago quarter.

Consolidated net sales spiked 54% to Rs 2,450 crore versus Rs 1,590 crore year-on-year.

Source: www.moneycontrol.com

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Mahindra Satyam Q3 net spikes 29% to Rs 308 cr

Technology firm Mahindra Satyam has reported a much better than expected growth of 29.4% quarter-on-quarter in its consolidated net profit of Rs 308 crore in the October-December quarter of FY12.

The company earned forex gain of Rs 66.3 crore in the quarter ended December FY12 as against Rs 33.7 crore in an earlier quarter.

Consolidated revenues rose 8.9% to Rs 1,718 crore from Rs 1,577 crore quarter-on-quarter.

Mahindra Satyam said the rupee revenue growth was largely due to rupee depreciation.

CNBC-TV18 had expected net profit of Rs 220 crore and revenues of Rs 1,735 crore.

Attrition rate declined at 16% in the third quarter of FY12 versus 25% in the corresponding quarter of last fiscal.

EBITDA margins came in at 16.2% as against CNBC-TV18 poll of 15.3%. EBITDA margin was improved by 10% in one year.

The company has appointed advisors for merger with Tech Mahindra. Merger may possibly happen by October, says company.

A share closed up 3.81% at Rs 76.25 on the BSE. Its traded volume increased 109% to 3,228,348 shares versus 5-day average of 1,545,545 shares.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UCO Bank Q3 PAT up 10% at Rs 332 cr

UCO Bank has reported a profit after tax of Rs 332 crore in the third quarter of FY12, a growth of 10% as compared to Rs 301 crore in a year ago quarter.

Net interest income fell 2.7% to Rs 1,033 crore versus Rs 1,062 crore year-on-year.

The bank made provisions of Rs 420 crore in the October-December quarter of FY12, falling 8% year-on-year due to improvement in asset quality.

Other income increased to Rs 235 crore from Rs 214 crore during the same period.

On quarter-on-quarter basis, gross non-performing assets (NPAs) declined at 3.49% versus 3.64% and net NPAs too dropped at 2.04% versus 2.11.

Gross NPAs stood at Rs 3,695 crore in the quarter ended December FY12 versus Rs 3,542 crore and net NPAs were at Rs 2,131 crore versus Rs 2,022 crore quarter-on-quarter.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Firstsource Solutions Q3 PAT falls 68% at Rs 6.85 cr

Firstsource Solutions , a business process outsourcing company, has reported a profit after tax of Rs 6.85 crore in the October-December quarter of FY12, falling 68% as compared to Rs 21.45 crore in the previous quarter.

Profit after tax was lower due to loss on FCCB buyback at Rs 7.14 crore as against profit of Rs 38 lakh and lower other income at Rs 63 lakh versus Rs 5.1 crore.

Total income rose 8.2% to Rs 577 crore from Rs 533 crore quarter-on-quarter.

Earnings before interest and tax declined to Rs 20.1 crore from Rs 23.7 crore during the same period. EBIT too dropped at 3.48% versus 4.4% QoQ.

Q3 highlights

* Revenue growth was driven by ramps in the telecom segment and favorable currency, partially offset by softness in the BFSI collections segment

* Margins slipped sequentially driven by investments and cost of growth towards recently won large deals

* Total contract value worth USD 160 million won in the quarter.

FCCB position

* The company repurchased FCCBs worth USD 21.6 million during the quarter.

* Outstanding FCCBs post the repurchase stand at USD 169.8 million.

Attrition also high for the company (post 180 days):

* Offshore (India and Philippines) went up to 56.4% Q3 compared to 48.8% in Q2 FY12

* Onshore (US and Europe) fell to 37.7% compared to 40.9% in Q2 FY12

* Domestic (India and Sri Lanka) rose to 88.8% compared to 74.7% in Q2 FY12

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd