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…
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 …
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 …
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…
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 …
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…
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…
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…
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,…
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…
