Anil Dhirubhai Ambani Group company - Reliance Communications has announced its results for the quarter ended June 2010. It has reported net profit of Rs 251 crore as against Rs 1220 crore, a de-growth of 79.42% (QoQ). The fall was due to notional provisioning on forex.
Revenues declined 1.53% to Rs 5015 crore from Rs 5092.8 crore, (QoQ).
Numbers were below the expectations; CNBC-TV18 expected net profit at Rs 612.67 crore and net sales at Rs 5273.3 crore.
Earning before interest, depreciation, tax and amortisation (EBIDTA) margin improved at 32.54% versus 31.46%.
This blog is formed for all investor, trader & newbie friends in stock market to share useful information in stock market & free buy/sell/hold recommendations. Here the buy recommendations are shared along with information on Stock Splits, Right Issues, Bonus Issues, Latest Stock market updates. And we believe this is very useful information for any investor. Great Investment Ideas can make future better. Lets grow with our Nation. Happy Investing :-)
Sunday, August 15, 2010
Saturday, August 14, 2010
Stock that rallied 55.6% in 7 days
Raymond jumped 55.59% in 7-days to end at Rs 374.90 on Friday. Rallying 19.99%, the stock hit 52-week high today. There were pending buy orders of 40,371 shares, with no sellers available.
In the April-June quarter of this fiscal, it has posted a loss of Rs 24.88 crore compared to loss of Rs 31.60 crore (YoY) while income was at Rs 244.26 crore vs Rs 239.94 crore (YoY).
In the April-June quarter of this fiscal, it has posted a loss of Rs 24.88 crore compared to loss of Rs 31.60 crore (YoY) while income was at Rs 244.26 crore vs Rs 239.94 crore (YoY).
Is Germany driving growth in Europe?
The gross domestic product (GDP) numbers for the Eurozone expanded by 1% in the second quarter, ie from the first and by 1.7% versus the second quarter of 2009 that is year-on-year (YoY).
Germany seems to be the engine of growth. And that, is quite expected with 2.2% growth in the second quarter. That is the fastest since the country’s reunification in 1990. So is the worst over for Europe?
Is this the right time to start investing in equities
The markets are looking good at this point of time, volatility is less. So, is this the time for you to start investing before the market runs up even more?
In an exclusive interview with CNBC-TV18, PN Vijay, Portfolio Manager, says in this environment, if a person is looking at two-three year time frame, equity is a great place to invest and build assets and beat inflation.
Vedanta-Cairn conclude negotiations
Vedanta Resources Plc will acquire 51% stake worth around USD 8-8.5 billion in UK-based Cairn Energy’s Indian entity. CNBC-TV18 learns that the negotiations have concluded and Cairn has agreed to sell part stake in its Indian unit. This signalling a strategic shift by mining company Vedanta into oil and gas.
However, Petronas, which holds almost 15% in Cairn India, is unlikely to sell its stake to the Anil Agarwal company.
However, Petronas, which holds almost 15% in Cairn India, is unlikely to sell its stake to the Anil Agarwal company.
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This publication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. This publication, its publisher, and its editor do not purport to provide a complete analysis of any company's financial position. The publisher and editor are not, and do not purport to be, registered investment advisors. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. This publication is based exclusively on information generally available to the public and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the publisher cannot guarantee the accuracy or completeness of the information. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured company and/or industry. The publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the company's actual results of operations. Factors that could cause actual results to differ include the size and growth of the market for the company's products and services, the company's ability to fund its capital requirements in the near term and long term, pricing pressures, etcHotel Debliz Campeche
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We have been the premiere tree service in katy, tx for over 30 years. Whether you need a simple tree trimming, a 100 foot tall pine tree completely removed or a stump ground, we are the company to call in katy, texas. Call us now for a free quote!
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We are one of houston’s top bathroom remodeling firms. We offer free estimates and perform free computerized designs of your kitchen so that you can see what it will look like before you buy. Call today for a free consultation with one of our desig
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We have been the leading countertop retailer in katy, texas for over 20 years. We feature granite, marble, tile, formica and many other surfaces. Call today for a free quote!
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We are a discussion forum dedicated to the exchange of information between policyholders and insurance claims professionals to promote the swift and thorough conclusion of property damage insurance claims. Roofers Conroe Tx
Do you need a new roof? We have been serving the lake conroe area for over 20 years! Call us today for a free quote on your roofing project. Wholesale Perfume
Wholesale perfume, both men's and women's fragrances. Benefits Care
Are you looking for affordable health care insurance? Our service helps you find the right insurance plan to fit your needs. We offer a wide variety of benefits from ppo's and hmo's to hsa's and maternity plans. Let us save you money today. Motorsport Experience
Global racing schools is the authorized sales agents for over 300 schools globally and we offer over 400 airlines, 80,000 hotels and private jets and helicopters to make motorsport your travel experience complete! No bias, no fees. Pregnancy Insurance Plans
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We are the top roofing contractor in pearland, tx. We also serve all of south houston & galveston, texas. Residential/commercial. Call now! Parallel Import Cars
Pro import motor is the leading parallel import car specialist in singapore. We specialize in all imported cars. Luxury and cng cars available. United Benefits Group Of America
Are you looking for affordable health or life insurance? United benefit group of america is a leader in the insurance field. We specialize in connecting consumers with top insurance companies to meet and exceed all their health and life needs. Promotional Items
The super store for promotional items and promotional products. Over 950 000 custom promotional products and business promotional items for trade show giveaways, corporate gifts, school promotions and business advertising. Sentosa Resort
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We were voted into the top 5 roofers in all of galveston county 3 years in a row! We perform both commercial & residential roofing. Call us today for a free estimate! Roofing Houston Tx
We are a top roofing contractor in houston, texas. We do both commercial and residential work. Due to hurricane ike we are also performing temporary emergency roof repairs and roof tarping throughout the houston area. Call today for a free quote! Webgazing Search Engine
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Disclaimer : All information given here is for information purpose only. Users are advised to rely on their own judgement or investment advisor when making investment decisions. This blog is not liable and take no responsibility for any loss or profit arising out of such decisions being made by anyone acting on such advice.