New book by Larry Connors Click here Improve your trading - See how
The company had a net profit of Rs 65.14 crore in the December quarter of FY'08, India Infoline said in a filing to the Bombay Stock Exchange.
Besides, the board has approved an investment of USD 10 million (about Rs 49 crore) to set up its wholly-owned subsidiaries in UK, Dubai and Mauritius for undertaking financial services business.
The company's income from operations dropped 26 per cent to Rs 229.51 crore during the quarter under review, from Rs 310.16 crore in the same period last fiscal.
However, the net profit for the nine-month ended December 2008 grew 27.17 per cent over the year-ago period to Rs 119.53 crore.
Also the board has declared an interim dividend of Rs 2.80 a share on every share of Rs two each held.
Shares of India Infoline were trading at Rs 45.65, up 2.93 per cent in the late afternoon trade on the BSE.
**** Kirloskar Oil Q3 net dips 54 pc at Rs 9.99 cr * Kirloskar Oil Engines today reported a 54 per cent dip in its net profit at Rs 9.99 crore for the third quarter ended December 31, 2008.
The firm had a net profit of Rs 21.76 crore in the December quarter of FY'08, Kirloskar Oil Engines said in a filing to the BSE.
The total operating income dipped 7.91 per cent to Rs 494.59 crore during the quarter under review, from Rs 537.10 crore in the same period last fiscal.
Shares of the company were trading at Rs 37.75, down 3.33 per cent on the BSE.
Deepak Fertilisers Q3 net dips 9 pc at Rs 22.38 cr * Deepak Fertilisers & Petrochemicals Corporation today said its net profit for the third quarter ended December 31 decline by 8.54 per cent to Rs 22.38 crore. The company had a net profit of Rs 24.47 crore for the same quarter FY'08, Pune-based Deepak Fertilisers said in a filing to the BSE.
Total revenues of the company rose to Rs 195.42 crore for the quarter under review, against Rs 68.27 crore in the same quarter last fiscal.
Shares of the Deepak Fertilisers & Petrochemicals Corporation settled at Rs 54.05, down 3.48 per cent on the BSE.
*** Vishal Retail Q3 net dips 86 pc at Rs 2.15 cr * Diversified retail player, Vishal Retail today said its net profit for the quarter ended December 31 decline by 86.17 per cent to Rs 2.15 crore.
The company had a net profit of Rs 15.55 crore for the same quarter FY'08, Vishal Retail said in a filing to the Bombay Stock Exchange.
Income from operations rose to Rs 355.45 crore for the quarter under review, against Rs 286.15 crore for he same period year-ago.
Shares of Vishal Retail settled at Rs 58.15, down 4.98 per cent on the BSE.
Mumbai, Jan 21 (PTI) Diversified group Religare Technova Global Solutions today said its net loss for the quarter ended December 31 stood at Rs 8.57 crore.
However, the company had a net profit of Rs 1.08 crore for the same quarter FY'08, Religare Technova Global Solutions said in a filing to the Bombay Stock Exchange.
The company has posted a total income of Rs 3.62 crore for the quarter under review, while it had a total income of Rs 5.75 crore for the same quarter last fiscal.
"The company has entered into an agreement dated December 31, 2008 ( effective from January 1, 2009) with OliveRays Innovations to acquire the entire stake in the company. Consequently, figures for the quarter and month ended December 31, are not comparable," the filing added.
Shares of Religare Technova Global Solutions settled at Rs 12.65, down 4.89 per cent on the BSE.
*** Solar Explosives Q3 net up 8.16 pc at Rs 11.26 cr * Solar Explosives today said its consolidated net profit for the third quarter ended December 31 grew 8.16 per cent at Rs 11.26 crore over the corresponding period a year ago.
The firm had a consolidated net profit of Rs 10.41 crore in the December quarter last financial year, Solar Explosives said in a filing to the Bombay Stock Exchange.
Consolidated total income rose to Rs 127.67 crore in the quarter under review from Rs 75.36 crore last fiscal.
However, for the nine-month period ended December 31, 2008, the firm registered a consolidated net profit of Rs 31.99 crore, a growth of 18.52 per cent over the same period a year ago. It had a consolidated net profit of Rs 26.99 crore in the same period last year.
Shares of Solar Explosives today settled the day at Rs 249, down 0.34 per cent on the BSE.
Dhampur Sugar Mills Dec Qtr net up 5 fold * Dhampur Sugar Mills today said its net profit for the third quarter ended December 31 grew over 5-fold at Rs 13.66 crore over the corresponding period a year ago. The sugar manufacturer had a consolidated net profit of Rs 2.47 crore in the December quarter last financial year, Dhampur Sugar Mills said in a filing to the Bombay Stock Exchange.
While, net sales rose to Rs 267.82 crore in the quarter under review from Rs 131.54 crore a year ago.
Shares of Dhampur Sugar Mills today closed at Rs 30.20, down 0.66 per cent on the BSE.
**** Jolly Board Q3 net up 12-fold * Jolly Board today said its net profit for the third quarter ended December 31, 2008, grew over 12-fold at Rs 45.15 crore over the corresponding period a year ago.
The firm had a net profit of Rs 3.58 crore in December quarter of the last financial year, Jolly Board said in a filing to the Bombay Stock Exchange.
However, total income declined to Rs 13.95 crore in the quarter under review from Rs 14.54 crore a year ago.
For the nine-month period ended December 31, 2008, the company registered a net profit of Rs 47.02 crore, an over to 7 fold growth as compared to Rs 6.34 crore last year.
Shares of Jolly Board today settled the day at Rs 227.35, down 5.58 per cent on the BSE.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
