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TOP CORPORATE NEWS 05 August 2014
By : Simran Shah
·
Tata Chemicals gains after strong
Q1 results
Tata
Chemicals rose 1.95% after consolidated net profit jumped 133.34% to Rs 175.50
crore on 17.41% growth in total income from operations to Rs 3846.64 crore in
Q1 June 2014 over Q1 June 2013.
·
Cairn may get 10-year extension
for Rajasthan block
Cairn India
is planning to get a 10-year extension for its license to explore and produce
oil and gas from the prolific Rajasthan block.
·
Ajanta Pharma tumbles after Q1
earnings
Ajanta Pharma slumped
9.22% after net profit surged 80% to Rs 59 crore on 32% growth in revenue from
operations to Rs 287 crore in Q1 June 2014 over Q1 June 2013.
·
Bajaj Auto receives order for
40,000 Discovers from Sri Lanka
Bajaj Auto
has received an order for 40,000 Discover motorcycles from the Sri Lanka
government. The management expects the exports which stood at 1.69 lakh for the
month of July to rise to between 1.85 to 1.90 units in the coming few months.
Top Corporate News 04 August 2014
By : Simran Shah
• Petronet LNG Q1 net profit at Rs1566mn
Petronet LNG Ltd has posted a net profit of Rs. 1566.00 mn for the quarter ended June 30, 2014 as compared to Rs. 2253.20 mn for the quarter ended June 30, 2013.Total Income has increased from Rs. 84594.40 mn for the quarter ended June 30, 2013 to Rs. 101961.40 million for the quarter ended June 30, 2014.
• Ipca Laboratories Q1 net profit at Rs1454.90 mn
Ipca Laboratories Ltd has posted a net profit of Rs. 1454.90 mn for the quarter ended June 30, 2014 as compared to Rs. 717.70 million for the quarter ended June 30, 2013. Total Income has increased from Rs. 8100.10 million for the quarter ended June 30, 2013 to Rs. 9422.50 million for the quarter ended June 30, 2014.
• OBC turns volatile after Q1 results
Oriental Bank of Commerce rose 0.73% after net profit rose 3.15% to Rs 364.54 crore on 6.09% growth in total income to Rs 5576.02 crore in Q1 June 2014 over Q1 June 2013.
• Tata Power slips in volatile trade
Tata Power Company slipped 0.37%, with the stock reversing initial gain triggered by the company's subsidiary deciding to repay bonds worth $450 million ahead of its due date.
Petronet LNG Ltd has posted a net profit of Rs. 1566.00 mn for the quarter ended June 30, 2014 as compared to Rs. 2253.20 mn for the quarter ended June 30, 2013.Total Income has increased from Rs. 84594.40 mn for the quarter ended June 30, 2013 to Rs. 101961.40 million for the quarter ended June 30, 2014.
• Ipca Laboratories Q1 net profit at Rs1454.90 mn
Ipca Laboratories Ltd has posted a net profit of Rs. 1454.90 mn for the quarter ended June 30, 2014 as compared to Rs. 717.70 million for the quarter ended June 30, 2013. Total Income has increased from Rs. 8100.10 million for the quarter ended June 30, 2013 to Rs. 9422.50 million for the quarter ended June 30, 2014.
• OBC turns volatile after Q1 results
Oriental Bank of Commerce rose 0.73% after net profit rose 3.15% to Rs 364.54 crore on 6.09% growth in total income to Rs 5576.02 crore in Q1 June 2014 over Q1 June 2013.
• Tata Power slips in volatile trade
Tata Power Company slipped 0.37%, with the stock reversing initial gain triggered by the company's subsidiary deciding to repay bonds worth $450 million ahead of its due date.
TOP CORPORATE NEWS
By : Simran Shah
·
Union Bank zooms on strong
quarterly results
Union Bank
of India surged 7% after the company posted 19% rise in the net profit at Rs
664 crore for the quarter ended June 30, 2014 as against Rs 560 crore for the
same period last year.
·
DLF Q1 net profit at Rs1277.70 mn
DLF Ltd has
posted a net profit/(loss) after taxes, minority interest and share in
profit/(loss) of associates of Rs. 1277.70 mn for the quarter ended June 30,
2014 as compared to Rs. 1811.90 mn for the quarter ended June 30, 2013.
·
HDIL Q1 net profit at Rs56.7
crores
HDIL has announced its
results for Q1 ended 30th June 2014. Consolidated Total Income stands at Rs.
256.13 crores and PAT available for appropriation is Rs. 56.7 crores.
·
JSW Steel Q1 net profit at Rs. 8bn
JSW Steel
Ltd has announced the result for the quarter ended June 30, 2014. Total Income
has increased from Rs. 94304.10 million for the quarter ended June 30, 2013 to
Rs. 116443.40 million for the quarter ended June 30, 2014
