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Rohit Saxena
Phone No: 09891265905
Mail Id: rohit_9sep@indiatimes.com
"IF YOUR BORN POOR ITS NOT YOUR FAULT BUT IF U DIE POOR ITS YOUR FAULT" -- Dhirubhai Ambani
Bharti Airtel Ltd |
Bharti Airtel net profit rises 39.28% in the March 2008 quarter Friday, April 25, 2008 | |
Net profit of Bharti Airtel rose 39.28% to Rs 1792.30 crore in the quarter ended March 2008 as against Rs 1286.84 crore during the previous quarter ended March 2007. Sales rose 42.06% to Rs 7413.73 crore in the quarter ended March 2008 as against Rs 5218.73 crore during the previous quarter ended March 2007. For the full year, net profit rose 54.82% to Rs 6244.20 crore in the yearended March 2008 as against Rs 4033.22 crore during the previous year ended March 2007. Sales rose 44.45% to Rs 25703.51 crore in the year ended March 2008 as against Rs 17794.43 crore during the previous year ended March 2007. |
Idea Cellular Ltd |
Idea Cellular net profit rises 110.74% in the March 2008 quarter Thursday, April 24, 2008 | |
Net profit of Idea Cellular rose 110.74% to Rs 278.20 crore in the quarter ended March 2008 as against Rs 132.01 crore during the previous quarter ended March 2007. Sales rose 138.12% to Rs 1972.40 crore in the quarter ended March 2008 as against Rs 828.31 crore during the previous quarter ended March 2007. For the full year, net profit rose 108.02% to Rs 1044.39 crore in the year ended March 2008 as against Rs 502.06 crore during the previous year ended March 2007. Sales rose 53.90% to Rs 6719.99 crore in the year ended March 2008 as against Rs 4366.40 crore during the previous year ended March 2007. ( BUY IDEA CELLULAR TARGET PRICE 122+) |
Bhel inches ahead Monday, April 07, 2008 | |
Meanwhile, the BSE Sensex was up 75.55 points, or 0.49%, to 15,418.67 as a worse-than-expected US payrolls data on Friday, 4 April 2008, which showed a fall of 80,000 jobs in March 2008, raised expectations of further interest rate cut by the US Federal Reserve. On BSE, 8,047 shares were traded in the counter. The scrip had an average daily volume of 1.98 lakh shares in the past one quarter. The stock hit a high of Rs 1660 and a low of Rs 1620 so far during the day. The stock had a 52-week high of Rs 2925 on 7 November 2007 and a 52-week low of Rs 1167.50 on 5 April 2007. Public sector power equipment major Bharat Heavy Electricals (Bhel) had underperformed the market over the past one month till 4 April 2008, declining 21.49% compared to the Sensex's fall of 7.25%. It had also underperformed the market in the past one quarter, declining 35.81% compared to Sensex's decline of 25.83%. The company's current equity is Rs 489.52 crore. Face value per share is Rs 10. The current price of Rs 1645 discounts its Q3 December 2007 annualized EPS of Rs 63.07, by a PE multiple of 26.08. On 3 April 2008, Bhel's reported provisional turnover of Rs 21,608 crore, a 15.31% growth and provisional net profit of Rs 2,815 crore, a 16.56% growth in the financial year 2007-08 over 2006-07. The 16.56% growth in Bhel's net profit in the year ended March 2008 over the year ended March 2007 as per the provisional results, was muted in the backdrop of a 38% growth in net profit achieved in the nine months ended December 2007 over nine months ended December 2006, raising concerns that the Q4 March 2008 results would be bad. On 17 March 2008, Bhel secured orders worth around Rs 2,030 crore for an upcoming 1,000-megawatt thermal power project. On 29 February 2008, the company received an order worth Rs 1893 crore from GSPC Pipavav Power Co in western India for a 700 megawatt plant. On 14 February 2008, Bhel bagged an order worth Rs 200 crore from Oil & Natural Gas Corporation for supplying oil field equipment. On 8 February 2007, the company bagged an order worth Rs 3390 crore for setting up two units of 500 megawatt each in a thermal power station in northern Uttar Pradesh. Bhel's net profit rose 15.6% to Rs 771.90 crore on 14.4% growth in net sales to Rs 4964.14 crore in Q3 December 2007 over Q3 December 2006. Bhel is engaged in manufacturing and distributing electrical, electronic, and mechanical and nuclear power equipment.
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Suzlon Energy Ltd |
Additional order energies Suzlon Energy Wednesday, April 02, 2008 | |
Meanwhile, the BSE Sensex was up 325.72 points, or 2.09%, to 15,953.67 on positive cues from global markets. US stocks rallied on Tuesday, 1 April 2008, after Lehman Brothers said it raised $4 billion in an offering of convertible preferred shares, which soothed fears it was heading for a fate similar to that of Bear Stearns. On BSE, 28.51 lakh shares were traded in the counter. The scrip had an average daily volume of 13.24 lakh shares in the past one quarter. The stock hit a high of Rs 296 and a low of Rs 283.35 so far during the day. The stock had a 52-week high of Rs 460 on 9 January 2008 and a 52-week low of Rs 186.40 on 3 April 2007. The large-cap scrip had outperformed the market over the past one month till 31 March 2008, declining 6.29% compared to the Sensex's fall of 11%. It had however underperformed the market in the past one quarter, declining 32.43% compared to Sensex's decline of 22.94%. The company's current equity is Rs 299.38 crore. Face value per share is Rs 2. The current price of Rs 290.10 discounts its Q3 December 2007 annualized EPS of Rs 9.04, by a PE multiple of 32.09. The original contract was for delivery of 400 mega watt (MW) of turbine capacity in 2008 and 2009, and now has been expanded to include an additional 200 MW in 2009. Suzlon Energy's net profit rose 91.9% to Rs 338.18 crore on 49.7% growth in net sales to Rs 1654.96 crore in Q3 December 2007 over Q3 December 2006. Suzlon Energy provides customers with total wind power solutions. |
Ranbaxy Laboratories Ltd |
Ranbaxy Laboratories launches worlds first Bio-generic recombinant injectible for the treatment of O Thursday, April 03, 2008 | |
Ranbaxy Laboratories has announced the launch of BONISTA- Teriparatide injection (recombinant human parathyroid hormone) for the treatment of Osteoporosis, in collaboration with Virchow Biotech, Hyderabad, India. Ranbaxy is the first company to launch this bio generic product in the world.
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