Dalal Street Blog

BSE Sensex drops 0.69% on downbeat trading

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

The BSE 30-share Sensex fell 123.71 points or 0.69% to 17,868.29. The Sensex rose 8.35 points at the day's high of 18,000.35 in early afternoon trade. The index lost 153.08 points at the day's low of 17,838.92 in late trade. The S&P CNX Nifty fell 41.30 points or 0.76% to 5,367.60. The BSE Mid-Cap index rose 0.35%. The Small-Cap index rose 0.2%. Both these indices outperformed the Sensex. BSE

Bharat Gears declares rise in top-line at Rs 71 crore YoY

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

In the latest development, Bharat Gears declared rise in top-line at Rs 71 crore as against Rs 53 crore in the same period last year, according to its Chairman and Managing Director Surinder Kanwar when asked about the firm’s results in the first quarter of the financial year 2010-2011.

Visa Steel declares net profit decline to Rs 7.6 crore in Q1 FY11

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

According to the Managing Director of Visa Steel, Vishal Agarwal, the firm already reported its numbers in the first quarter of the financial year 2010-2011 wherein its net profit declined to Rs 7.6 crore as compared to the previous Rs 10 crore in the same period last year.

Alok Industries obtains 45.8% net profit rise in quarter ending in June

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

The Managing Director of Alok Industries, Dilip Jiwraika, stated that the firm already declared its outputs in the quarter ending in June this current financial year 2010-2011. Its net profit soared 45.8% to Rs 46.5 crore as compared to Rs 32 crore in the same period last year.

Emami Group obtains net profit rise of Rs 35 crore YoY in Q1 FY11

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

According to the Executive Director of Emami Group, Mohan Goenka, the firm already declared that its net profit soared to Rs 35 crore in the first quarter of the financial year 2010-2011 versus Rs 15.5 crore in the same period last year.

Petronet LNG attains Rs 111 crore net profit YoY in Q1 FY11

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

In the latest development, Petronet LNG declared that its net profit in the first quarter of the financial year 2010-2011 increased to Rs 111 crore versus Rs 103 crore year-on-year while its net sales climbed to Rs 2,627 crore versus Rs 2,612 crore YoY.

Gujarat State Petronet absorbs Rs 251.8 net sales decline QoQ in Q1 FY11

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 07:06:59 PDT

In a statement released by the Chief Financial Officer of Gujarat State Petronet, Manish Sheth, the firm already announced its first quarter outputs in the financial year 2010-2011 wherein its net sales declined to Rs 251.8 crore versus Rs 257.9 crore in the same period last quarter.

Steel Strips Wheels attained Rs 7.2 crore net profit in Q1 FY11

noreply@blogger.com (VJonDalalStreet) — Fri, 30 Jul 2010 23:16:01 PDT

According to the Managing Director of Steel Strips Wheels Ltd, Dheeraj Garg, the firm already declared its outputs in the quarter one of the financial year 2010-2011 wherein its net profit soared to Rs 7.2 crore as against Rs 2.1 crore in the same period last year.

SJVN, Nagarjuna Agrichem, Tata Mwetakycs, India Infoline, Visa Steel declared results today