State-owned ONGC today reported a over two-fold jump of its net profit at Rs 7,083 crore for the quarter ended December 31, 2010 as it got a one-time settlement charge on natural gas dues. During the same period a year ago the company’s had registered a net profit of Rs 3,054 crore…
Continue reading...Nifty tests 5500; breadth extremely negative
SI Reporter / New Delhi January 28, 2011, 13:46 IST After breaking its 200-DMA yesterday, the Nifty has now cracked below yet another physchological mark of 5500. The NSE benchmark index has now shed 108 points at 5496. Meanwhile, unabated selling in the markets has seen the Sensex shav…
Continue reading...Nifty testing strong support at 200 DMA – 5615
Nifty has been finding strong support at 200dma this entire month and has managed to bounce back from here time and again. If Nifty manages to close below this important support level of 5615 for couple of days, we could expect further downside in markets. Possibly upto 5500. On the upsid…
Continue reading...“Never Buy Another Stock Again”: An Investing Guide for the Rest of Us
With the Dow nearing 12,000, many would like you to believe it’s a stock-pickers market. But, if you ask Reuters market editor David Gaffen, he’d disagree. Gaffen is the author of the new book for which the title says it all, “Never Buy Another Stock Again: The Investing Portfolio …
Continue reading...Tata Coffee net profit zooms 79 percent in third quarter
Indo Asian News Service, On Wednesday 26 January 2011, 1:12 AM Bangalore, Jan 25 (IANS) Tata Coffee Ltd Tuesday reported a net profit of Rs.25 crore for the third quarter (Oct-Dec) of the 2010-11 fiscal as against Rs.14 crore in the previous 2009-10 fiscal, registering a whopping 79 perc…
Continue reading...ICICI Bank Q3 net profit up 77.5% YoY
ICICI Bank posted net profit (consolidated) of Rs 2,039 crore for the third quarter ended December 31, 2010, up 77.5 per cent from Rs 1,149 crore in the corresponding quarter last fiscal. Total income for the quarter was up 8.7 per cent at Rs 15,415.8 crore from Rs 14,176.8 crore. Oper…
Continue reading...Results today – 01-25-11
Alembic Asahi India Century Enka Deepak Fert Dr Reddys Labs EIH Assoc Hotel Electrosteel Essel Propack Grindwell Norto Guj Heavy Chem HUL Hyderabad Ind IOC Indiabulls Sec Indian Metals & J Kumar Infra Nahar Spinning Nilkamal Oriental Hotels Sterlite Ind Supreme Pe…
Continue reading...Company Results on 24-01-11
3i Infotech Asian Paints Century Chemplast Sanma Chennai Petro DB Corp GTL Glodyne Techno Godrej Ind ICICI Bank Idea Cellular Indian Bank Jindal Steel Karnataka Bank Manappuram Rolta SE Investments SKS Microfin Sesa Goa Shoppers Stop Sobha Developer Torrent Power Uni…
Continue reading...Ashok Leyland Q3 net profit down 59 pc at Rs 43.37 cr
New Delhi, Jan 22 (PTI) Hinduja flagship firm Ashok Leyland today reported 58.55 per cent fall in its net profit for the quarter ended December 31, 2010, at Rs 43.37 crore. The company had posted a net profit of Rs 104.63 crore in the year-ago three-month period, Ashok Leyland said in a …
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