Bombay Rayon Fashions Results - Announces Qtr Ending June 2008-2009 results

Bombay Rayon Fashions net profit rose 58.41% to Rs 34.93 crore in the quarter ended June 2008 compared to Rs 22.05 crore during the previous quarter ended June 2007. Sales rose 36.68% to Rs 275.07 crore in Qtr ending June 2008 for the financial year 2008-2009 compared to Rs 201.25 crore in qtr ending june 2007.

Avdhoot Investment

Axis Bank Results- Declares 2008 March ending Quarter Results

Axis Bank net profit rose 70.56% to Rs 361.40 crore in Qtr End March of 2008 compared to Rs 211.89 crore during the same quarter Prev Yr 2007. Total operating income rose 47.46% to Rs 2015.43 crore in Qtr End March of 2008 compared to Rs 1366.77 crore during the same quarter Prev Yr 2007......

Prime Property Development shows a record profit for dec qtr 2007

Prime Property Development Corporation rose almost 1826.67% in profit to Rs 5.78 crore in the Dec Qtr 2007 compared to Rs 0.30 crore during the previous Dec Qtr 2006 . on Sales side it rose 330.74% to Rs 12.75 crore in the Dec Qtr 2007 compared to Rs 2.96 crore during the previous Dec Qtr 2006 .
--
http://www.avdhootinvestment.com/

Accentia Technologies bags 2.1 million Euro Order

Accentia Technologies Ltd haslaunched fully integrated multi-specialty Hospital Process Management suite, custom designed for hospitals under NHS in the UK, The product has got his first customer and the first order is worth €2.l Million.
--
http://www.avdhootinvestment.com
http://www.avdhootinvestment.blogspot.com

Heron Honda announces 2007 July Sales Number

Hero Honda has come out with its auto sales numbers for the month of July. The company's 2-wheeler sales was down at 2.01 lakh units as compared to 2.35 lakh units, YoY.So almost all the Auto companies sales result as come , Maruti suzuki , M&M and Tata motors was considered postive others are all falling behind.which means it will reflect on the Quarterly result numbers.
--
http://www.avdhootinvestment.com/
http://www.avdhootinvestment.blogspot.com/

Bharat Electronics announces 2007-2008 Q1 Results

Not so impressive result from Bharat Electronics
Net profit:
The Company has posted net profit of Rs 263.00 million for the quarter ended June 30, 2007 as compared to Rs 602.70 million for the quarter ended June 30, 2006.
Net Income :
Total Income has decreased from Rs 5115.90 million for the quarter ended June 30, 2006 to Rs 4700.20 million for the quarter ended June 30, 2007.

--
http://www.avdhootinvestment.com/

Reliance communication announces Fy2007-2008 Quarter 1 results

Reliance Communication has announces its its Q1 FY08 results.
Net Profit :
They have registered net profit of Rs 1221 crore in the first qtr versus Rs 1024.4 crore on QoQ basis.
Net Sales :
During the cooresponding quarters, its revenues were at Rs 4304 crore versus Rs 3936.9 crore, QoQ.
EBIDTA :
Its EBIDTA margin stood at 42.1% versus 41.5% on QoQ basis.
--
http://www.avdhootinvestment.com
http://www.avdhootinvestment.blogspot.com

Indian Bank declared its Quarter Results - Not so impressive

Indian Bank has announced its first quarter results. The bank has posted standalone net profit at Rs 212.03 crore and net interest income at Rs 490.49 crore.This is less compared to March 2007 results ,it was 235 crore profit compared to last quarter .We can stay away from this stocks for some time.

--
http://www.avdhootinvestment.com

ACC declares Quarter Results - Have to say a Concreate Quarter Result

Net Profit
ACC Company has posted a profit after exceptional items & provision for taxation of Rs 3512.40 million for the quarter ended June 30, 2007 where as the same was at Rs 4132.40 million for the quarter ended June 30, 2006.
Total Income total Income (net of excise) is Rs 18962.50 million for the quarter ended June 30, 2007 where as the same was at Rs 14810.10 million for the quarter ended June 30, 2006.

--
http://www.avdhootinvestment.com/

Wipro announces second Quarter Results

Net Profit
Company has posted a net profit of Rs 6714 million for the quarter ended June 30, 2007 as compared to Rs 6191 million for the quarter ended June 30, 2006.
Revenues and Income
Total Revenues has increased from Rs 30519 million for the quarter ended June 30, 2006 to Rs 37768 million for the quarter ended June 30, 2007.
--
http://www.avdhootinvestment.com

Mastek Last Quarter Results Dip

Mastek has come out with Last quarter results with a
Net Profit
net profit of Rs 103.30 million for the quarter ended June 30, 2007 where as the same was at Rs 157.70 million for the quarter ended June 30, 2006.
Income
Total Income is Rs 1201.30 million for the quarter ended June 30, 2007 where as the same was at Rs 1180.50 million for the quarter ended June 30, 2006.

TCS Q1 FY2007-2008 is announced - Better than market Expectation

TCS Q1 Consolidated Revenue at Rs 5,202.9 Cr vs Rs 5,162.1 Cr (QoQ);
Net Profit at Rs 1,202.9 Cr vs Rs 1,195.2 Cr
Added 54 new clients
Employee addition was at 8,760 .
Attrition was at 11.5% including BPO business

--
http://www.avdhootinvestment.com

Dividend Announcement - June 28th 2007

517552 Advanced Micronic Devices Ltd. 20 % Dividend
526851 Arex Industries Ltd. BC 18/09/2007 9% Final Dividend
502219 Borosil Glass Works Ltd., 30 % Dividend
523618 Dredging Corporation of India Ltd., 90 % Final Dividend
517372 Gujarat Intrux Limited 10 % Final Dividend
508853 Kampani Consultants Ltd., BC 6/8/2007 6% Dividend
523323 Kovai Medical Center & Hospital Ltd 12.5 % Dividend
502587 Rama Pulp & Papers Ltd 10% Final Dividend
517059 Salzer Electronics Ltd., BC 14/08/2007 18% Dividend
532733 SUN TV NETWORK LIMITED BC 28/07/2007 20% Final Dividend,Stocks Split , Bonus
532343 TVS Motor Company Ltd. BC 14/08/2007 15% Final Dividend
500465 Varun Shipping Co. Ltd., BC 1/8/2007 15% Dividend

BEML Declares Annual Results and Second Interim Dividend

The Company has posted a net profit of Rs 935.10 million for the quarter ended March 31, 2007 as compared to Rs 861.20 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 8365.80 million for the quarter ended March 31, 2006 to Rs 9584.80 million for the quarter ended March 31, 2007.The result did not do much wonder to the market , The stock price has gone down .Dividend DeclaredPayment of Second Interim Dividend of 80% and record date for the same is set as July 12, 2007.

Oil & Natural Gas Corporation Ltd (ONGC) announces the quarter & year ended result for March 31, 2007

They has posted Net Profit After Tax for the Quarter ended March 31 2007Rs 26816.40 million same was at Rs 30858.90 million for the quarter ended March 31, 2006. Yearly Net Profit Rs 156429.20 million Total Income for the Quarter ended March 31 2007Rs 145759.20 million where as the same was at Rs 125282.30 million for the quarter ended March 31, 2006Yearly Total Income is Rs 608759.10 million

Infosys Technologies has announced its fourth quarter and FY07

Infosys Technologies has announced its fourth quarter and FY07 results. The company reported net profit of Rs 1,144 crore (Rs 11.44 billion) in the fourth quarter versus Rs 983 crore (Rs 9.83 billion) in the previous year, a growth of 16.38%.The net profit included Rs 124 crore of reversal of tax provision.Its revenues increased by 3.2% to Rs 3,772 crore (Rs 37.72 billion) from Rs 3,655 crore (Rs 36.55 billion), QoQ.Its Q4 OPM stood at 31.73% versus 32.72% QoQ.
For FY07, Infosys' net profit jumped 56.87% to Rs 3,856 crore (Rs 38.56 billion) from Rs 2,458 crore (Rs 24.58 billion). The CNBC-TV18 estimated net profit at Rs 3751.08 crore (Rs 37.51 billion).The revenues were up 45.91% to Rs 13,893 crore (Rs 138.93 billion) from Rs 9,521 crore (Rs 95.21 billion). The CNBC-TV18 estimated at Rs 14,009.71 crore (Rs 140.09 billion).
It has declared final dividend of Rs 6.5 per share. The company has added 34 new clients in Q4 compared to 43 new clients in Q3 and 5992 employees versus 3282 employees in Q4.Other income increased to Rs 119 crore (Rs 1.19 billion) in the fourth quarter as against third quarter other income of Rs 59 crore (Rs 590 million). The company increased offshore salaries by 12-15%.

ICRA Limited (an Associate of Moody's Investors Service)

Issue Period March 20, 2007 to March 23, 2007Issue Size 25,81,100 Equity SharesIssue Type 100% Book BuildingFace Value Rs. 10/-Price Range Rs.275/- to Rs.330/-Tick Size Re. 1/-Market Lot 20 sharesMinimum Order Quantity 20 sharesMaximum Subscription Amount for Retail Investor Rs.100000IBook Running Lead Managers SBI Capital Markets Limited & Kotak Mahindra Capital Company LimitedSyndicate Members: Kotak Securities Limited & SBICAP Securities LimitedCategories: FI, MF, IC, FII, VC, FVCI, MLA, BDFI, IND, HUF, NRI, CO & OTH.Source: NseIndiaProfile :ICRA Limited (an Associate of Moody's Investors Service) was incorporated in 1991 as an independent and professional company. ICRA is a leading provider of investment information and credit rating services in India. ICRA’s major shareholders include Moody's Investors Service and leading Indian financial institutions and banks. With the growth and globalisation of the Indian capital markets leading to an exponential surge in demand for professional credit risk analysis, ICRA has been proactive in widening its service offerings, executing assignments including credit ratings, equity gradings, specialized performance gradings and mandated studies spanning diverse industrial sectors. In addition to being a leading credit rating agency with expertise in virtually every sector of the Indian economy, ICRA has broad-based its services for the corporate and financial sectors, both in India and overseas, and currently offers its services under the following banners:>Rating Services >Information, Grading and research Services >Advisory Services >Economic Research >OutsourcingPositive :* ICRA is the No. 2 credit rating agency in the country with 399 outstanding public issues under its belt. It enjoys a strong market position, brand recognition and creditability. * Moody�s Group, one of the global credit rating majors, holds a 29% equity stake. This will help ICRA to leverage the US company�s expertise in newer products. Also, ICRA provides certain outsourcing services to Moody�s Investors Service. Negative :* Higher Expense , Sales is very low.* 50 crore ESOS loan to be repaid by them .Finance :Annualized EPS for the nine months ended December 2006 on the post-issue equity works to Rs 15.9. On the price band of Rs 275-Rs 330, PE is 17.3-20.8. The only listed comparable player is Crisil, currently traded around Rs 2100, giving PE of 23 times FY 2006 consolidated EPS. Crisil deserves higher PE as it is: over four times larger than ICRA, growing at a faster rate than ICRA, perceived to be more aggressive, and has made much more headway in non-rating and international business. Besides, S&P controls a 56.5% stake in Crisil compared with 29% by Moody�s in ICRA. ICRA IPO Allotment status - come back here for the same.