Housing Development Finance Corporation Ltd (HDFC) today reported 20.68 per cent growth in net profit at Rs 564.92 crore for the first quarter ended June 30, 2009 way below estimated.
The bank had a net profit of Rs 468.11 crore in the June quarter of the last fiscal, HDFC Ltd said in a filing to the Bombay Stock Exchange(BSE).
Total income rose 23 per cent to Rs 2,849.07 crore during the June quarter, from Rs 2,318.62 crore in the corresponding period a year-ago.
Shares of HDFC ended the day at Rs 2,410 on the ...
Yesterday: Market opened flat but slipped quickly due to profit booking at these levels.But still manage to close above 4450.
Today: Indian Stock Market is expected to to open positive mainly because of positive global cues but it would be interesting to see whether nifty would cross the level of 4510 n than next target would be 4600 in a day or two....
LIC Housing Finance, a subsidiary of LIC, on Tuesday said its net profit rose by 18.31 per cent at Rs 123.83 crore for the quarter ended June 30, 2009, compared to the same period last year.
The company had a net profit of Rs 104.66 crore in the same quarter last year, LIC Housing Finance said in a filing to the Bombay Stock Exchanger.
Total income rose to Rs 780.18 crore in the latest quarter, against Rs 619.93 crore in the same period in the previous fiscal.
Shares of LIC Housing Finance today settled at Rs 635 on the BSE, down 1.65 per cent from the previous close
Dr Reddy's Laboratories (DRL) saw a 120.07 per cent increase in net profit to Rs 244.5 crore for the first quarter ended June 30, 2009, as compared with Rs 111.1 crore during the corresponding period last year. Revenues during the quarter increased 21 per cent to Rs 1,818.9 crore as compared with Rs 1,503.9 crore last year.
During the quarter, the company made a provision of Rs 280 crore for implementing a social plan for betapharm employees and for closure of its Atlanta facility. The closure of the Atlanta plant would result in a saving of about $6 million (Rs 300 crore) a year....
Adani Power initial public offer (IPO) will open on Tuesday. Adani Power Limited (APL), is a power project development company. Company operates and maintains power projects across India. Adani Power Limited is a part of Adani Group, a leading business group in India. Currently Adani group has presence in coal mining, coal trading, shipping, power generation, power transmission and power trading,
Adani Power Ltd IPO detail...
FII and DII activity that was seen on Tuesday, July 21, 2009 is shown below. The report shows that FII were net sellers of Rs 250.86 crore where as DII saw sellers of Rs 7.44 crore.
...
Yesterday: Was another day when bull simply stretched the market way beyond technical. Yesterday it was a day of Reliance Ind & Technology shares. Apart from that no other stock had shown any big up-moves. Madcap and small cap were also quiet. But overall market broke a level of 4500.
Today: Indian Stock Market is expected to trade in a positive zone with some profit booking as market is now ...
Gujarat NRE Coke declared its Q1 results which are below expectation. Net profit declined by 96.14 per cent at Rs 3.64 crore for the quarter ended June 30, 2009, over the same period last year.
The company had a net profit of Rs 94.40 crore in the same quarter ended June 2008, coking coal producer said in a filing to the Bombay Stock Exchange.
Total income declined to Rs 310.04 crore in the latest quarter, against Rs 377.54 crore in the same period previous fiscal.
Shares of Gujarat NRE Coke were trading at Rs 46.10 on the BSE, up ...
Sajjan Jindal-promoted JSW Steel saw its net profit on a consolidated basis slip 6 per cent to Rs 234.08 crore, as compared to Rs 250.23 crore for the quarter ended June 30, 2008.
Total Income for the group also decreased 5 per cent to Rs 4253.52 crore from Rs 4483.79 crore for the quarter ended June 30, 2008. Group revenues from the steel business fell 9 per cent to Rs 4,121 crore from Rs 4,534 crore in the quarter ended 31, March, 2008. However, revenues from the power business grew 18.5 per cent on a year-on-year basis to Rs 207.25 crore....
Infrastructure Development Finance Company (IDFC) on Monday reported a 25.72 per cent rise in consolidated net profit at Rs 272.44 for the first quarter ended June 30, 2009.While it reported a net profit of Rs 216.71 crore in the June quarter of FY’09, Total income rose 14.26 per cent to Rs 994.61 crore for the June quarter, from Rs 870.51 crore in the corresponding period a year-ago.
On a standalone basis, IDFC posted a net profit of Rs 243.50 crore in the first quarter of current fiscal, up 19 per cent from Rs 204.73 crore in the same period last fiscal....
FII and DII activity that was seen on Monday, July 20, 2009 is shown below. The report shows that FII were net buyers of Rs 563.2 crore where as DII saw buyers of Rs 151.85 crore.
...
Friday: Indian stock market went beyond technical and fundamentals. It was expected that nifty will reach 4400 if it breaks 4320 in a two to three days. But in a single day, nifty broke 4320 and also tested 4400.
Today: Indian Stock Market is expected to open flat even though Asian market trades 1-1.5% up as we went up quite sharply so bull should take breath for quite some time. ...
FII and DII activity that was seen on Friday, July 17, 2009 is shown below. The report shows that FII were net buyers of Rs 87.23 crore where as DII saw buyers of Rs 200.29 crore.
...
Payday Loans is temporary financial instrument that is secured against your future paycheck. Having grown in popularity since the early 1990s as a means to combat NSF fees and late payment penalties, many individuals prefer this financial tool to supplement a temporary loss of income or cover an unforeseen expense over other methods, such using high interest rate title loans or pawn shops.
How Payday Loans Work...
Yesterday: As we predicted, Indian Stock Market opened with a bull gap and at level of 4320, profit booking brought down the market. Market almost closed flat.
Today: Indian Stock Market is expected to open positive. Again 4320 is a major resistance level if nifty would trade above that level than next target for the nifty would be 4500 till than do trade in small quantities as we would see ...
