There was no under-provisioning done in the results, says Neil Mills, chief executive of SpiceJet, replying to comments made by its auditor in a recent report.
CRISIL Research has come out with its report on Everest Kanto Cylinder. The research firm has maintained the fundamental grade of 3/5 to the company in its February 3, 2012 report.
CRISIL Research has come out with its report on NTPC. The research firm has maintained the fundamental grade of 5/5 to the company in its February 3, 2012 report.
Congress general secretary Rahul Gandhi on Monday said that the assembly elections in Uttar Pradesh were a cause for him to change the life of the people in the state.
CRISIL Research has come out with its report on Ashiana Housing. The research firm has maintained the fundamental grade of 4/5 to the company in its February 3, 2012 report.
Motilal Oswal is bullish on LIC Housing Finance and has recommended buy rating on the stock with a target of Rs 300 in its February 1, 2012 research report.
At 15:54 hrs MCX SILVER July contract was trading at Rs 58160.00 down Rs 509.00, or 0.87%. It touched an intraday high of Rs 58821.00 and an intraday low of Rs 58160.00. So far 30 contracts have been traded.
At 13:59 hrs MCX GOLD February contract was trading at Rs 27590.00 down Rs 121.00, or 0.44%. It touched an intraday high of Rs 27765.00 and an intraday low of Rs 27500.00. So far 41 contracts have been traded.
This is the last leg of the semifinal round. 15 teams that’s the 12 campus round winners and 3 wildcard participants are fighting it out on this stage.
The market continued its upward journey for the fifth consecutive session on Monday, led by banks, capital goods and metals stocks. It started off with more than 200 points gains on the Sensex and even the Nifty was near to the 5400 mark.
Motilal Oswal is bullish on Punjab National Bank (PNB) and has recommended buy rating on the stock with a target of Rs 1275 in its February 1, 2012 research report.
ICRA Ratings has come out with its report on debt burden of State Governments. According to the rating agency tax revenues are expected to expand at a moderate pace in 2011-12, which may dampen the pace of growth of RR relative to the BE for 2011-12.
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. Sanjay Manyal, research analyst at ICICI Direct tells CNBC-TV18 that the results were inline with his expectations.
Kotak Mahindra Mutual Fund has decreased in weightage in engineering capital goods, information technology and automotive, while enhanced its exposure in banking financial services, metals mining and oil gas space.
Tamilnadu Chamber of Commerce and Industry has appealed to the Centre to undertake tax reforms including increase of individual income tax slabs and annual turnover limit for mandatory tax audit for non-corporate entities.
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.
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.
“If, for example, fiscal conditions cannot be addressed by the next budget, or the macro economic conditions become worse than we expected in next one year or two, then there is a possibility for us to consider whether to change the outlook or indeed the rating itself," says Takahira Ogawa, director- ratings at Standard Poor’s.
It's been a good day for the market, but it's come off a bit probably because of the European confusion today, says CNBC-TV18's managing editor Udayan Mukherjee.
Dolat Capital is bullish on Indian Overseas Bank and has recommended buy rating on the stock with a target of Rs 122 in its February 1, 2012 research report.
Jeff Chowdhry, head of emerging equities, FC Investments tells CNBC-TV18, the Greek situation at this moment is like a see-saw that could swing either way.
The market gave up some gains, weighed down by Reliance Industries and HUL. However, banks, capital goods and select metal stocks were supporting the market, though these stocks came off day's high.