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Apollo Tyres Q1 revenues up 15%

Posted on: Friday, July 18th 2008 and is filed under Press Releases.

The Board of Directors of Apollo Tyres Ltd, today took on record the company’s unaudited results for the first quarter of the financial year 2008-09. Earlier in the day, at the 35th Annual General Meeting of the company, the shareholders approved the annual dividend payout of 50% per sh...

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Wipro records 43% growth in total revenue (US GAAP)

Posted on: Friday, July 18th 2008 and is filed under Press Releases.

Wipro Limited (NYSE:WIT) today announced financial results under US GAAP for its first fiscal quarter ended June 30, 2008. Highlights of the Results: * Total Revenues were Rs. 59.62 billion ($1.39 billion1), representing an increase of 43% over the same period last year. * Net ...

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Intraday calls for 18-07-08

Buy Adlabs Films at 406, target ...

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Hikal’s net sales up by 63% to Rs 91.9cr

Posted on: Thursday, July 17th 2008 and is filed under Press Releases.

Hikal Ltd, the preferred long-term outsourcing partner for leading global life sciences companies, today declared impressive results for the first quarter ended 30th June, 2008. The company posted net sales of Rs. 91.9 crore witnessing a growth of 63% as compared to the first quarter of 2...

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Polaris QoQ revenues up by 11% to Rs 316.98cr

Posted on: Thursday, July 17th 2008 and is filed under Press Releases.

Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance sector, today announced the first quarter results for FY 2008-2009. For the quarter ended 30th June 2008, consolidated revenue was Rs. 316.98 crore and Profit after T...

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Colgate’s net profit up 18% to Rs 71.9cr

Posted on: Thursday, July 17th 2008 and is filed under Press Releases.

Colgate-Palmolive (India) Limited today reported net sales of Rs. 407.6 Crore for the quarter ended June 30, 2008, a 16% increase over the same quarter of the previous year. Net profit for the quarter is Rs. 71.9 Crore, an increase of 18% over the same quarter of the previous year. Drivi...

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Seagate Technology’s annual net income increases to $1.3bn

Posted on: Thursday, July 17th 2008 and is filed under Press Releases.

Seagate Technology (NYSE: STX) reported disc drive unit shipments of approximately 43 million, revenue of $2.9 billion, GAAP net income of $160 million, and diluted net income per share of $0.32 for the quarter ended June 27, 2008. GAAP net income and diluted net income per share includes...

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Ranbaxy & Daiichi Sankyo confirm deal is binding & final

Posted on: Thursday, July 17th 2008 and is filed under Press Releases.

Following intense speculation in sections of the media and the stock market, Daiichi Sankyo Company, Limited (Daiichi Sankyo) and Ranbaxy Laboratories Limited (Ranbaxy) reiterate that the agreement between Daiichi Sankyo, Ranbaxy and the Singh family, the largest controlling shareholders ...

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Biocon’s revenues Rs 277cr, EBITDA Rs 70cr

Posted on: Thursday, July 17th 2008 and is filed under Press Releases.

Biocon Limited today announced its financial performance for the three months ended June 30th, 2008. PERFORMANCE HIGHLIGHTS * Sales on a like for like basis (i.e. excluding enzymes) increased by 7%. * Pre tax profits at a consolidated level were impacted by exchange losses acr...

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Intraday calls for 17-07-08

Buy Lanco Infra at 270, target: 282. Stoploss: 267 Buy Shree Renuka Sugars at 111.50, target: 116. Stoploss: 110 If markets turn weak anytime during the day, short sell: Reliance petroleum ...

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