SBI Chennai : Donated Rs. 52 Lacs to Cancer Institute, Adyar

State Bank of India (SBI), Chennai Circle donated an Ambulance Van &  Medical Equipments to the Paediatric Centre of Cancer Institute, Adyar, Chennai valued at Rs. 52 lacs  on 29.05.12. Mr. Pratip Chaudhuri, Chairman, SBI, handed over the keys of the Ambulance Van to …

Share:

Read More

KG Foundations : Nousing project in Poonmallee, Chennai

Chennai City-based, ISO 9001:2008 certified KG Foundations Pvt Ltd, one of the most trusted and leading real estate developer for over 30 years, recently anounced the launch of “KG Centre Point” housing project in Poonmallee, Chennai.  This project is spread a cross 7.2 a …

Share:

Read More

SPR & RG : Launches Osian Chlorophyl in Porur, Chennai

Chennai city based SPR & RG has launched a multiple-block residential apartment project named Osian Chlorophyl close to the Sri Ramachandra Medical College near Porur, a fast growing western suburb of Chennai. Mr.Hitesh Kawad, MD, SPR & RG said, “Our idea is to prom…

Share:

Read More

DLF Ltd: 39 % Decline in Net Profit

India's largest real estate company DLF Ltd  on  recently reported a 39% fall in its consolidated net profit at Rs. 212  crore for the quarter ended March 31, on high interest outgo. The DLF Ltd had posted a net profit of Rs. 345  crore in the year ago period. The total…

Share:

Read More

Share Review Nagarjuna Construction Company : Target Price Rs. 41

For 4Q FY 2012, Nagarjuna Construction Company (NCC) posted better than expected numbers on the revenue and earnings front. However, the company disappointed on the EBITDAM level. The current outstanding order book of NCC stands at  Rs. 20,196 cr, with order inflow of  Rs.…

Share:

Read More

Noida Extension House Buyers: Dharna on June 8, 2012

The promise given to Noida Extension house uyers about clearance to the Greater Noida Master Plan 2021 on May 29, 2012 turned out to be another damp squib. Buyers have now decided that they will stage a dharna in front of the planning board on June 8, 2012 to pressure them…

Share:

Read More

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…

Share:

Read More

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 …

Share:

Read More

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…

Share:

Read More

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…

Share:

Read More