McLeod Russel has reported a jump of 98.4% in profit for the first quarter of FY12. During the period, net profit of the company increased to Rs 37.3 crore against Rs 18.8 crore in the corresponding quarter of last fiscal.
Net sales jumped 20% to Rs 147.3 crore from Rs 122.4 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Wednesday, August 3, 2011
Siemens India Q3 net profit down at Rs 154.8 cr
Siemens India has reported a moderate fall (YoY) in the net profit for third quarter of FY11. During the period, net profit of the company declined to Rs 154.8 crore against Rs 156.1 crore in the corresponding quarter of last fiscal.
However, net sales jumped over 24% to Rs 2,778.5 crore from Rs 2,234.9 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
However, net sales jumped over 24% to Rs 2,778.5 crore from Rs 2,234.9 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Voltas Q1 cons PAT up 42% at Rs 132 cr
Voltas has declared its first quarter results. The company's Q1 consolidated net profit was up 42% at Rs 132 crore versus Rs 93.2 crore.
Its consolidated net sales were down 4% at Rs 1,346 crore versus Rs 1,403 crore.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Its consolidated net sales were down 4% at Rs 1,346 crore versus Rs 1,403 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
SAIL Q1 net profit down 29% at Rs 838 cr
Steel Authority of India (SAIL) has declared its first quarter results. The company's Q1 net profit was down 29% at Rs 838 crore versus Rs 1,177 crore.
Its net sales were up 32% at Rs 11,891 crore versus Rs 9,029 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Its net sales were up 32% at Rs 11,891 crore versus Rs 9,029 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Aptech Q1 cons PAT up at Rs 52.6 cr
Aptech has announced its first quarter results. The company's Q1 consolidated net profit was up at Rs 52.6 crore versus Rs 2.9 crore.
Its income from operations was up at Rs 46.4 crore versus Rs 45.2 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Its income from operations was up at Rs 46.4 crore versus Rs 45.2 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
TREE HOUSE EDUCATION & ACCESSORIES LIMITED - IPO Details
Tree House Education & Accessories Ltd IPO
BRLM: JM Financial Consultants/Motilal Oswal Securities Limited
Syndicate Member: JM Financial Services P. Ltd/Motilal Oswal Securities Ltd
Issue Period: August, 10 to August, 12, 2011
Issue Size: 84,32,189 Equity Shares
Price Band: Will be announced two working days prior to the issue opens
Lot Size: Will be announced two working days prior to the issue opens
Retail Discount: will be announced two working days prior to the issue opens
(Discount upto 5% of the offer price)
IPO GRADE: “IPO Grade 3/5” assigned by CRISIL
Listing: NSE/BSE
Registrar: Link Intime (India) Private Limited
QIB Book: 42,16,095 (50% of Net issue size)
HNI Book: 12,64,828 (15% of Net issue size)
Retail Book: 29,51,266 (35% of Net issue size)
BRLM: JM Financial Consultants/Motilal Oswal Securities Limited
Syndicate Member: JM Financial Services P. Ltd/Motilal Oswal Securities Ltd
Issue Period: August, 10 to August, 12, 2011
Issue Size: 84,32,189 Equity Shares
Price Band: Will be announced two working days prior to the issue opens
Lot Size: Will be announced two working days prior to the issue opens
Retail Discount: will be announced two working days prior to the issue opens
(Discount upto 5% of the offer price)
IPO GRADE: “IPO Grade 3/5” assigned by CRISIL
Listing: NSE/BSE
Registrar: Link Intime (India) Private Limited
QIB Book: 42,16,095 (50% of Net issue size)
HNI Book: 12,64,828 (15% of Net issue size)
Retail Book: 29,51,266 (35% of Net issue size)
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Gold scales new peak at Rs 24,330 on domestic demand, global cues
Gold on Wednesday hit an all-time high by rising Rs 640 to Rs 24,330 per 10 grams on heavy buying by stockists, driven by a rally in overseas market. Silver also flared up on industrial demand and increased by Rs 1,500 to Rs 60,100 per kg.
Trading sentiments remained buoyant after gold rallied to an all-time high in Asia, as escalating concern that the global recovery may be losing momentum, drove investors to buy the yellow metal to protect their wealth.
Wholesale buying in India, the world's biggest consumer of bullion, is expected to gather pace ahead of a slew of festivals starting on August 13 and as monsoon rains gradually subside.
"Selling by investors and increased scrap supply is the order now," said Daman Prakash Rathod, director at Chennai-based MNC Bullion.
Dealers in India reported discounts of $3 to $10, indicative of ample supply in the market.
Gold has hit record highs in nine out of 16 sessions and climbed about 12 percent over the past month, buoyed by the worsening debt crisis in the euro zone and US deficit talks.
Gold in global markets, which normally sets the price trend on the domestic front, surged to an all-time high of $1,671.82 an ounce.
On the domestic front, gold of 99.9 and 99.5 per cent purity spurted by Rs 640 each to Rs 24,330 and Rs 24,210 per 10 grams, respectively, boosted by heavy buying by retail customers for the upcoming marriage season.
Sovereigns followed suit and shot up by Rs 300 to a new peak of Rs 19,300 per piece of eight grams.
Similarly, silver ready spurted by Rs 1,500 to Rs 60,100 per kg and weekly-based delivery by Rs 2,030 to Rs 60,720 per kg. Silver coins shot up by Rs 1,000 to Rs 66,000 for buying and Rs 67,000 for selling of 100 pieces.
Source: www.economictimes.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Trading sentiments remained buoyant after gold rallied to an all-time high in Asia, as escalating concern that the global recovery may be losing momentum, drove investors to buy the yellow metal to protect their wealth.
Wholesale buying in India, the world's biggest consumer of bullion, is expected to gather pace ahead of a slew of festivals starting on August 13 and as monsoon rains gradually subside.
"Selling by investors and increased scrap supply is the order now," said Daman Prakash Rathod, director at Chennai-based MNC Bullion.
Dealers in India reported discounts of $3 to $10, indicative of ample supply in the market.
Gold has hit record highs in nine out of 16 sessions and climbed about 12 percent over the past month, buoyed by the worsening debt crisis in the euro zone and US deficit talks.
Gold in global markets, which normally sets the price trend on the domestic front, surged to an all-time high of $1,671.82 an ounce.
On the domestic front, gold of 99.9 and 99.5 per cent purity spurted by Rs 640 each to Rs 24,330 and Rs 24,210 per 10 grams, respectively, boosted by heavy buying by retail customers for the upcoming marriage season.
Sovereigns followed suit and shot up by Rs 300 to a new peak of Rs 19,300 per piece of eight grams.
Similarly, silver ready spurted by Rs 1,500 to Rs 60,100 per kg and weekly-based delivery by Rs 2,030 to Rs 60,720 per kg. Silver coins shot up by Rs 1,000 to Rs 66,000 for buying and Rs 67,000 for selling of 100 pieces.
Source: www.economictimes.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Yeddyurappa-backed candidate Sadanand Gowda elected new Karnataka Chief Minister
Lok Sabha member D V Sadananda Gowda will be the new Chief Minister of Karnataka, with his election on Wednesday as leader of the BJP legislature party in secret ballot, in a victory to the B S Yeddyurappa camp.
The exact number of votes polled by the rival candidates was not immediately available.
58-year-old Gowda beat Jagadish Shettar who was propped up by the rival camp led by BJP National General Secretary H N Ananth Kumar in a straight contest after the party central leaders failed to evolve a consensus on the successor issue.
The election brought out the sharp division in BJP's state unit with Yeddyurappa aggressively pushing for Gowda's candidature after being asked to step down as Chief Minister following his indictment in the Lokayukta report on illegal mining.
An affable and non-controversial figure, Gowda, a former state unit chief,is a Lok Sabha member from Udupi-Chikmagalur. He has also served as Deputy Opposition leader in the assembly.
After Yeddyurappa's exit, party's central observers Arun Jaitley and Rajnath Singh had tried to build a consensus on his successor but the rival factions stuck to their guns forcing a showdown.
The election of Gowda, who is not a member of either House of the Legislature, has clearly demonstrated the hold Yeddyurappa has over legislators and his command over the party in the state.
Yeddyurappa's opponents in the party led by National General Secretary H N Ananth Kumar and state unit party President K S Eswarappa had opposed Gowda's nomination on the ground that Yeddyurappa was trying to rule by proxy.
The anti-Yeddyurappa camp proposed the name of Jagadish Shettar, who has been a contender for the Chief Minister's post for a long time.
Leaders of both factions, leaving nothing to chance, indulged in the numbers game and ferried their loyalist MLAs to separate star hotels in an attempt to guard them from being poached.
Minutes before the Legislature party meeting,Yeddyurappa and Ananth Kumar supporters brought their group of MLAs to the meeting venue in buses, an action which also brought to the fore the groupism in the state unit.
Source: www.economictimes.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
The exact number of votes polled by the rival candidates was not immediately available.
58-year-old Gowda beat Jagadish Shettar who was propped up by the rival camp led by BJP National General Secretary H N Ananth Kumar in a straight contest after the party central leaders failed to evolve a consensus on the successor issue.
The election brought out the sharp division in BJP's state unit with Yeddyurappa aggressively pushing for Gowda's candidature after being asked to step down as Chief Minister following his indictment in the Lokayukta report on illegal mining.
An affable and non-controversial figure, Gowda, a former state unit chief,is a Lok Sabha member from Udupi-Chikmagalur. He has also served as Deputy Opposition leader in the assembly.
After Yeddyurappa's exit, party's central observers Arun Jaitley and Rajnath Singh had tried to build a consensus on his successor but the rival factions stuck to their guns forcing a showdown.
The election of Gowda, who is not a member of either House of the Legislature, has clearly demonstrated the hold Yeddyurappa has over legislators and his command over the party in the state.
Yeddyurappa's opponents in the party led by National General Secretary H N Ananth Kumar and state unit party President K S Eswarappa had opposed Gowda's nomination on the ground that Yeddyurappa was trying to rule by proxy.
The anti-Yeddyurappa camp proposed the name of Jagadish Shettar, who has been a contender for the Chief Minister's post for a long time.
Leaders of both factions, leaving nothing to chance, indulged in the numbers game and ferried their loyalist MLAs to separate star hotels in an attempt to guard them from being poached.
Minutes before the Legislature party meeting,Yeddyurappa and Ananth Kumar supporters brought their group of MLAs to the meeting venue in buses, an action which also brought to the fore the groupism in the state unit.
Source: www.economictimes.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Monday, August 1, 2011
India Infoline Investment Services limited - NCD issue - 11.9% for 60Months
Dear All,
India infoline a reputed financial services company has come out with a NCD Issue dated August 4, 2011 to August 12, 2011.
Minimum application is of Rs. 5000 and following are the key details:
Please click on the image to get a larger view.
Thanks,
Dewang K. Mehta
DENIP Consultants
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