Fear and greed. Those are the emotions that rule the markets, and changes in stock prices simply reflect the swing of the pendulum between the two extremes. Only lately the swings have arrived with more violence than a Transformers movie. First came fear, specifically of a financial sys…
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Lanco Infratech March qtr net dips 47% to Rs 90 cr
Posted on: May 30th 2009 in Stock News.
Lanco Infratech today reported a decline of 46.75 per cent in its net profit at Rs 89.86 crore in the March quarter of 2009, over the same period last year. The company had a net profit of Rs 168.78 crore in the quarter ended March 2008, Lanco Infratech said in a filing to the Bombay Stoc…
RIIL Q4 net profit at Rs 6.46 cr
Posted on: April 23rd 2009 in Stock News.
Reliance Industrial Infra has declared its fourth quarter results. The company’s Q4FY09 standalone net sales were at Rs 18.28 crore versus Rs 18.90 crore. Its net profit was at Rs 6.46 crore versus Rs 6.42 crore. …
Reliance Infra FY09 results cons net profit at Rs 1353 cr
Posted on: April 23rd 2009 in Stock News.
Reliance Infrastructure has announced its FY09 results. The company’s FY09 consolidated net profit at Rs 1353.23 crore versus Rs 1178.21 crore, YoY. …
ACC net up 23%; sales grew 14%
Posted on: April 22nd 2009 in Stock News.
ACC, the country’s largest cement maker, has posted a rise of 23.1 per cent in its net profit for the quarter ended March, 2009, at Rs 399.34 crore compared with Rs 324.31 crore in the previous corresponding quarter. …
F&O Outlook: Nifty may touch 200DMA this week
Posted on: April 14th 2009 in Market Outlook.
The Nifty witnessed profit-booking above 3,400 levels, but closed with 40 points gains at 3,382 on buying in key index heavyweights such as Reliance Industries (RIL), ICICI Bank, State Bank of India (SBI) and Tata Steel. The Nifty is now expected to target 200DMA (daily moving average) of…
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