NTPC’s stand-alone top-line rose by 14.2% y o y to Rs.15,332 cr aided by higher operational capacity. On a stand-alone basis, the company’s capacity was higher by 2,820 MW on a y o y basis during the quarter. However, the OPM’s declined by 812bp y o y to 18.6% impacted by hig…
Last 4 years, housing prices doubled in Chennai
National Housing Bank (NHB) report released said, ''At a time of slowdown in real estate development, housing prices have more than doubled in 3 cities of Chennai, Faridabad & Bhopal in 4 years. The three other cities Jaipur, Hyderabad and Bengaluru recorded fa…
Ashiana Housing: Net Profit up 111%
Ashiana Housing has posted a whopping 111% growth in consolidated net profit for the December quarter, 2011 at Rs. 15.26 crore on the back of higher sales. The company had reported a Rs. 7.24 crore profit in the corresponding period last year.
The consolidated revenues ros…
Share Review - Jyoti Structures
Jyoti Structures (JSL) announced its 3Q FY 2012 results, which were lower than our
and street estimates. The top line posted modest growth of 6.5% y o y to Rs. 587.2 cr
(Rs. 551.3 cr), lower by 10 % from our estimate of Rs. 652.7 cr.
On the EBITDA front, margin compressed …
Share Review - Hitachi Home & Life Solutions
For 3Q FY 2012, Hitachi Home & Life Solutions (HHLS) reported a 13% y o y decline
in its revenue to Rs. 107 cr from Rs.124 cr in 3Q FY 2011.
In creased expenses for the quarter led to negative operating profit of Rs. 5 cr. The HHLS reported a higher
forex loss of Rs. 3…
Facebook : India 43.49 million users
India with 43.49 million (million = 10 lakh) users is now home to the largest Facebook user base outside the US. Operationally, Facebook has some presence in India with a support centre in Hyderabad, its first office in Social networking site Facebook, launched by Mr. Mark …
Investing Mantra's - Share Market Guru Warren Buffett Part 5
"A good business is not always a good purchase - although it's a good place to look for one." - Warren Buffett ### "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buf…
Plot of land constitutes 90% of the cost of the house
Mr. Deepak Parekh, Chairman, Housing Development Finance Corp. (HDFC) said, '' Faulty land policies are preventing development of affordable houses in urban areas, which are likely to witness huge demand for residential premises in the times to come"
Mr. Deepak…
Central govt. nod to 7 rental housing projects
The central government has approved 7 rental housing projects under the Rajiv Awas Yojna, a government initiative that aims to create a slum free India.
Minister of housing &urban poverty alleviation Ms. Kumari Selja, who announced the government's plan however, d…
Cement Prices: Rise by Rs. 8 to 10 a bag
Indian real estate developers and infrastructure companies reeling under high debt loads will soon witness their construction costs escalating as cement companies are contemplating a price increase of Rs. 8 to10 per 50 kg bag as early as February, 2012 counting on a revival…
