Spain‘s woes frightened investors today as the cascading effect of the debt ridden nation spilled on the global markets. Spain’s GDP data also came in lower, which added to the fact that the nation would soon suffer the fate Greece… Read More ›
Day: July 23, 2012
Larson & Toubro Ltd- Co. reported 1Q12-13 PAT at INR 8,636.50m vs. previous 1Q11-12 INR 7,461.50m. Total income at INR 124,611m vs. previous 1Q11-12 at INR 97,518m. However, EBITDA margins came in lower by 9.1 percent vs 11.5 percent in… Read More ›
Indian Bank – Co. reported 1Q12-13 net profit at INR 4617.459m vs. previous INR 4069.310m. Total income at INR 35965.042m vs. previous INR 30307.418m. (BSE Filing) Share price at INR 186.75 a share, up 1.55 percent.
Dabur India – Co. reported 1Q12-13 net profit INR 1189.20m vs.previous 1Q11-12 at INR 911m. Total income at INR 10,390.90m va. previous 1Q11-12 at INR 8611.70m. On consolidated basis: Net profit after taxes/minority interest and share of profit at INR… Read More ›
Julius Baer – Swiss bank posted 1HY12 revenues exceeding expectations at CHF 5.5 b (USD 5.54 b) on stronger inflows of its German and Swiss onshore businesses. Inflows grew 6.4 percent but the effect of the euro crisis could affect… Read More ›
Spain dominates market sentiment again, as investors expect the European markets to open lower in trade today. News that upto 6 Spanish regional governments have requested for financial aid from the central government to meet its debt obligations. The regional… Read More ›
Reliance Communications – Co.’s stock declined 3 percent in trade on news of the co. postponing the launch of the IPO of its undersea cable subsidiary Flag Telecom in Singapore. RCom had stated that the sub optimal conditions of the… Read More ›
Aurobindo Pharma – Co. receives US FDA approval for the manufacture and market Metformin Hydrochloride Extended Release tablets from its facility in Hyderabad. (BSE Announcements) Share price at INR 109.50, up 1.11 percent in trade.