Monday, October 20, 2008

NSE notices 20 October, 2008

NSE notices and announcements from Stockinvest.in



Rolta India

Rolta India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 25152 lacs for quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 4464 lacs for the quarter ending on 30-SEP-2008.

Source: NSE Date: 20th-Oct-2008

Rolta India

Rolta India Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 34614 lacs for quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2390 lacs for the quarter ending on 30-SEP-2008.

Source: NSE Date: 20th-Oct-2008

Voltamp Transformers

Voltamp Transformers Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 34011.24 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 5050.5 lacs for the half year ending on 30-SEP-2008.

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BSE notices 20 October, 2008

Latest BSE notices and announcements from Stockinvest.

Granules India

Granules India Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008.

Source: BSE Date: 20th-Oct-2008

Dunlop India

Dunlop India Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008.

Source: BSE Date: 20th-Oct-2008

Alembic

Alembic Ltd has informed BSE regarding a Press Relese dated October 20, 2008 titled “Revenues up 12% at Rs 352 crore. Export sales up by 57%”.

Source: BSE Date: 20th-Oct-2008

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Sunday, October 19, 2008

Edelweiss maintains a buy on Orbit Corp

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Orbit Corporation

Current market price: Rs 90.10

Brokerage: Edelweiss Securities

Orbit Corporation (Orbit) reported revenues of Rs 73.8 crore, down 9.8 per cent q-o-q and 24.3 per cent y-o-y, for Q2 FY09. The sequential decline was due to lower completion percentage at Orbit WTC and Orbit Eternia. Net profit for the quarter stood at Rs 13.7 crore, as against Rs 39.9 crore in Q2 FY08 and Rs 18.2 crore in Q1 FY09, a decline of 65.6 per cent and 24.8 per cent, respectively.

Three of Orbit’s projects are nearing completion and the company expects Rs 160 crore from customers of these projects by the end of CY08. This amount will be sufficient to fund its construction cost of Rs 100 crore for the year. Further, the company has six projects under construction aggregating 1.06 million square feet of saleable area.

These projects are highly monetisable, albeit at a right price and part sale at few of these projects can generate enough funds for the company to service its debt of Rs 180 crore, including interest cost of Rs 30 crore. The current property environment is adverse and prices are expected to drop, accompanied with lower volumes.

Consequently, the brokerage has revised down its revenue estimates to arrive at an average EPS of Rs 23.1 for FY09 and FY10. At Rs 91, the stock appears attractively priced at 0.5x FY10E book value. Maintain Buy.

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Stocks discussed: Infosys, P & G, Axis Bank, L& T

Saturday, October 18, 2008

NSE notices 17 October, 2008

Latest NSE announcements and notices from Stockinvest.in


ANG AUTO LIMITED ( 17-Oct-08 )

Chartered Capital and Investments Ltd. has informed the Exchange regarding the details of the equity shares of ANG Auto Ltd. bought back through the Stock Exchange
on October 16, 2008, as follows: 1) Date of Buyback: October 16, 2008; 2) (a) Name of the Broker: Integrated Master Securities Private Limited; (b) No. of equity shares bought back on BSE: 639 ; (c) No. of equity shares bought back on NSE/others: 739; (d) Total no. of equity shares bought back: 1378; (e) Average Price of Acquisition (Rs.): 39.91; 3) Cumulative Equity Shares bought as on October 15, 2008: 365884; 4) Quantity Closed Out on October 16, 2008 - NIL; 5) Quantity Closed Out as on October 15, 2008 - NIL; 6) Total Quantity Closed Out - NIL; 7) Total Equity Shares bought back as on October 16, 2008: 367262.

APOLLO TYRES LTD ( 17-Oct-08 )

Apollo Tyres Ltd has informed the Exchange that: "We have designated the following e-mail ID for redressal of Investor Grievances:- investors@apollotyres.com"

AURIONPRO SOLN LTD ( 17-Oct-08 )

Aurionpro Solutions Limited had informed the Exchange, vide its letter dated October 13, 2008, the proceedings of the Annual General Meeting of the Company held on September 30, 2008. The Company has now informed the Exchange that the company has observed one typographical error in the point No. 2 of the said letter. Rate of dividend declared in the Annual General Meeting is Rs.1.75 per share. While in the said letter the company had written Rs.1.70 per share.

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BSE notices 17 October, 2008

BSE announcements and notices 17 October, 2008

BOM DYEING ( 17-Oct-08 )

Bombay Dyeing to announce Q2 results Board meeting on 27 October 2008 The board meeting of Bombay Dyeing & Manufacturing Company will be held on 27 October 2008 to approve the unaudited financial results for the second quarter ended 30 September 2008 (Q2).

BEML LTD ( 17-Oct-08 )

BEML to announce Q2 results Board meeting on 29 October 2008 The board meeting of BEML will be held on 29 October 2008 to consider and take record on the un-audited financial results for the second quarter and half year ended 30 September 2008 (Q2).

HIND.PETRO ( 17-Oct-08 )

Hindustan Petroleum Corporation forms CREDA - HPCL Biofuels In association with CREDA Hindustan Petroleum Corporation has formed a subsidiary company i.e. CREDA - HPCL Biofuels in association with Chhattisgarh State Renewable Energy Development Agency (CREDA) constituted for the development of renewable energy sources in the state of Chhattisgarh for the purpose of cultivation of Jatropha Plants for the production of bio-diesel. The company made this announcement during the trading hours today, 16 October 2008.


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