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Posted on: July 23rd, 2009 and is filed under Stock News.

ONGC Q1 net down 26% at Rs 4,848cr

MUMBAI: ONGC today reported a 26% decline in net profit at Rs 4,848 crore for the first quarter ended June 30, 2009 when compared with Rs 6,636 crore in Q1FY09. Net sales also declined 26% to Rs 14,879 crore from 16,198 crore in Q1FY09. UTVi had estimated the bottomline to drop 28% and …

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Posted on: July 22nd, 2009 and is filed under Stock News.

HDFC Q1 net up 21% at Rs 565 cr

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. 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…

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Posted on: July 22nd, 2009 and is filed under Stock News.

Hindustan Zinc Q1 net at Rs 718.82 cr

Hindustan Zinc Ltd has announced the following unaudited results for the quarter ended June 30, 2009: The company has posted a net profit of Rs 718.82 crore for the quarter ended June 30, 2009 as compared to Rs 847.81 crore for the quarter ended June 30, 2008. Total Income has decreased f…

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Posted on: July 22nd, 2009 and is filed under Stock News.

RComm inks Rs 10,000-cr deal with Etisalat India

Anil Dhirubhai Ambani Group company Reliance Communications said on Wednesday it has bagged a 10-year deal valued at Rs 10,000 crore from UAE-based Etisalat’s Indian telecom arm to manage the latter’s telecom infrastructure. Under the long-term passive infrastructure sharing …

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Posted on: July 22nd, 2009 and is filed under Stock News.

No trace of Maytas funds in Satyam: Vineet Nayyar

HYDERABAD: In a fresh twist to the Satyam-Maytas saga, the top honchos of Mahindra Satyam denied having any knowledge of Rs 600 crore having found its way from Maytas Infra and Maytas Properties coffers into Satyam. Vineet Nayyar, executive vice-chairman of Mahindra Satyam, told TOI that…

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Posted on: July 21st, 2009 and is filed under Stock News.

Stocks Which Posted Very Good Results

Checkout the list of companies which have posted very good financial results for the past quarter. Triveni Engineering and Industries Ltd : Net profit of Triveni Engineering and Industries rose 61.83% to Rs 39.81 crore in the quarter ended June 2009 as against Rs 24.60 crore during the …

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Posted on: July 21st, 2009 and is filed under Stock News.

Falcon Tyres more-than-triples post open offer

The stock has, once again, ended at its 5% upper circuit of Rs 530.55. Only 716 shares were traded on the BSE today.Falcon Tyres was moving in the range of Rs 146-156 when the open offer was going on from 20 May to 10 June. The open offer price for the share was Rs 151.71. The stock has …

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Posted on: July 20th, 2009 and is filed under Stock News.

JSW Steel Q1 net dips 6% at Rs 234 cr

JSW Steel on Monday reported a 6.45 per cent decline in consolidated net profit at Rs 234.08 crore for the first quarter ended June 30, 2009, over the same period last year. The company had a net profit of Rs 250.23 crore in the same quarter ended June 2008, JSW Steel said in a filing to…

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Posted on: July 20th, 2009 and is filed under Stock News.

IDFC Q1 net at Rs 243.49 cr

Infrastructure Development Finance Company Ltd (IDFC) has announced the following unaudited results for the quarter ended June 30, 2009: All about 3G The company has posted a net profit of Rs 243.49 crore for the quarter ended June 30, 2009 as compared to Rs 204.73 crore for the quarter…

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Posted on: July 20th, 2009 and is filed under Stock News.

Suzlon wins order from Technomash Bulgarian Industrial

The project will come up in the province of Dobrich in North-East Bulgaria, and be supplied in financial year 2009-2010. Suzlon Energy has signed an agreement with Technomash Bulgarian Industrial Group to deliver 12.6 MW of capacity through six numbers of Suzlon S88-2.1 MW wind turbines….

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