Sterling Holiday Resorts: Total Resorts 18, Plans 13 Additional Sites

Sterling Holiday Resorts (India), India’s leading Vacation Ownership & Leisure Hospitality company, announced its results for the quarter ending March 31, 2012 along with its annual results for FY12. The quarterly Total Operating Income of the Company was reported as R…

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2012 - 13 : Cement prices to rise by 5.9 %

In India, Cement prices are expected to rise by 5.9%in 2012-2013. According to CMIE (Centre for Monitoring Indian Economy), "With costs expected to continue to rise, cement prices are likely to increase in tandem &  remain on the higher side. We believe prices are …

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Share Review Britannia Industries : Target Price Rs.650.

Britannia Industries (Britannia) is slated to announce its 4Q FY 2012 numbers. For the quarter, we expect Britannia to post decent 15.3%  y o y growth in its top line to  Rs.1,299 cr aided by price hikes. OPM is expected to in crease by 65bp  y o y to 7.1%. The bottom line i…

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Share Review Sadbhav Engineering : Target Price Rs.199

We expect Sadbhav Engineering (SEL) to post a weak numbers on account of high base in 4QFY2011. Revenue is expected to decline by 18.2% to  Rs.856.2 cr. However, on a sequential basis, it implies growth of 18.3%. EBITDA margin is expected to witness a jump of 130bp  y o y to…

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Share Review Indoco Remedies: Target Price Rs.81

For the 4Q FY 2012, Indoco Remedies is expected to report top-line growth of 28.7 %  y o y to  Rs.155 cr. The company's OPM is expected to expand by 120bp  y o y to 14.1%, driven by growth in domestic formulation sales. As a result, net profit is expected to in crease by…

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Share Review NMDC: Target PriceRs.185

NMDC is slated to announce its 4Q FY 2012 results. We expect the company’s top line to de crease by 33.1 %  y o y to  Rs. 2,524 cr on account of lower sales volumes as well as realizations. On the operating front, EBITDA is expected to de crease by 29.2 %  y o y to  Rs.1,939 …

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Share Review TVS Srichakra: Target Price Rs.460

For 4Q FY 2012, TVS Srichkara posted a decent set of numbers. The company reported 15 %  y o y growth in its top line; however, it was flat on a qoq basis and came in at  Rs. 348 cr against our estimate of  Rs. 376 cr. The company was able to sustain its operating margin for …

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Share Review Crompton Greaves : Target Price Rs.164

Crompton Greaves announced a weak set of 4Q FY 2012 results. The company reported a 5.8 % in crease in its top line to  Rs. 3,077 cr, slightly lower than our expectation of  Rs. 3,170 cr. The quarter witnessed EBITDA margin contraction of 5.9%  y o y to 6.9%, in-line with the…

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Share Review Jagran : Target Price Rs.137

For 4Q FY 2012, Jagran Prakashan’s consolidated net revenues grew by moderate 10.1%  y o y to  Rs.303 cr. Top-line growth was mainly on account of 11.5 %  y o y growth in advertisement revenues to  Rs. 210 cr and healthy 12.4 %  y o y growth in circulation revenues to  Rs.63  …

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Share Review ITC : Target Price: Rs.252

For 4Q FY 2012, ITC posted impressive17.2 %  y o y growth in its net sales to  Rs.6,861 cr. While growth in the cigarette business stood at 17.4%  y o y, other FMCG business posted strong 23.6 % growth. The agri business also posted strong 30.8%  y o y growth. However, the ho…

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Tax saving Rajiv Gandhi Equity Savings through Mutual Fund: SEBI

In Budget 2012 (For the year 2012-13) , for those with less than Rs. 10 lakh income, a new tax deduction was introduced for direct equity investments. Under the RGESS, investor will be able to claim 50% of their investments in direct equity up to the maximum investment lim…

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More Sops For Affordable Homes: Govt to Raise Loan Ceiling to Rs.5 Lakh

In a major push for affordable (low cost) housing, the central government is set to raise both the subsidy given to developers, as well as the cost ceiling for affordable housing. The central government plans to increase the subsidy (capital assistance) from the current Rs…

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Sankalp Group : Launches India's first zero carbon village

Sankalp Group has launched India's first zero carbon village namely Coral Village with ultra luxurious villas at Malvan, Sidhudurg district of Maharashtra. The project in 510 km away from Mumbai in Sidhudurg district, shares its border with Goa state. Mr. Bhushan Satam,…

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Urban Housing Shortage in India : 247.1 Lakh Houses

A technical group constituted by Ministry of Housing and Urban Poverty Alleviation (HUPA) had estimated urban housing shortage at the beginning of the Eleventh Plan (2007-08) at 2.471 lakh dwelling houses, which it projected will increase to 265.3 lakh by the end of Eleven…

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Investors Awareness Programme: Lakshmanaraman Speaks On 2nd June

Madras Stock Exchange is conducting Investors Awareness Programme every first Saturday of the month. The topic for June (2012) month is 'Mitigation of Risks and Fundamental Analysis For Beginners' ,  Which will be handled by Mr. S. Lakshmanaraman,  (Fundamental and Te…

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TAKE Solutions: Net profit for 2011-12 Rs. 85.6 crore Up By 23%

TAKE Solutions a leader in the Supply Chain Management (SCM) & Life Sciences (LS) domains, announced the financial results for the quarter & the year ended March 31 st 2012,  The company has posted healthy revenues of Rs. 718.90  crore for financial year ending March…

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Homes Of India’s Super Rich : Ambani’s Antilia will provide jobs to 600 people

By Mr. Anuj Puri, Chairman,  JLL India India is reeling under the continued onslaught of inflation, petrol price hikes & generalized insecurity about where the economy is headed. Against all expectations, property prices in our metros have held firm and even show signs …

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National Housing Banks RESIDEX : Indian Real Estate Price Trends ..!

Keeping in view the prominence of housing & real estate as a major area for creation of both physical  &  financial assets and its contribution in overall National wealth, a need was felt for setting up of a mechanism, which could track the movement of prices in the…

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Despite Surge in Real Estate Prices in India: Homes most affordable

Housing may be perceived to have gotten very expensive at the present sky high levels. But data compiled by Indian major mortgage company  HDFC, shows that house prices are near their most affordable level in over 3 decades (30 years). The house prices have indeed been ris…

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Share Review JK Lakshmi Cement : Target Price Rs.79

JK Lakshmi Cement (JKLC) reported a strong performance for 4Q FY 2012, with the company’s adjusted net profit coming in at  Rs.73 cr in 4Q FY 2012 as against Rs.32 cr in 4Q FY 2011. Bottom-line growth was driven by strong 12.8%  y o y growth in realization, coupled with a …

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TVH : Ongoing Projects - Chennai, Kovai

Chennai based real estate company TVH ( True Value Homes)   has impressed you ; constantly aiming at setting the highest standards in the construction industry through various innovations & delivery has made us one of the most admired real estate brands in the South I…

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