Reliance Industries: 1QFY08 results: Stronger-than-expected results on forex gains and stronger margins
State Bank of India: SBI's profit optically good, but operational performance in line, valuations full, downgrading to IL
ITC: 1QFY08: Cigarettes division posts impressive numbers despite taxation issues'we retain OP
Hindustan Lever: 2QCY07 Results: Core FMCG sales growth of 13.4%; retain In Line rating
Suzlon Energy: Results disappoint as several problems come to haunt simultaneously
GMR Infrastructure: Results first take: operating performance in-line with expectations
GAIL (India): Stronger-than-expected 1QFY08 results on lower subsidy losses, jump in gas transmission profits
Grasim Industries: 1QFY08: VSF leads the growth even as other division perform well; retain IL
ABB: Strong revenue growth and margin expansion; estimates and target price revised upwards
Tata Power: 1QFY08: Good growth in Mumbai licence area; maintain In Line
Container Corporation: Lower than expected exim volume growth; revise target price, maintain rating
BPCL: In the black despite no oil bonds
Bank of Baroda: BoB delivers on profit, driven by lower provisions
Canara Bank: Performance likely to remain under pressure, downgrading to IL
MTNL: No improvement in sight; broadband subs addition slow down; maintain U
Punj Lloyd: Strong operating performance helps beat expectations
Indian Overseas Bank: IOB on track as usual, retain OP
Colgate-Palmolive (India): 1QFY2008: Volumes growth near double-digits; upgrade
rating to Inline
Lanco Infratech: 1QFY08: results in line with expectations; Upgrade to Outperform
CESC: 1QFY08: Results in line with expectations
J&K Bank: PAT exceeds estimate supported by non-interest income, retain OP
GSPL: In-line 1QFY08 results; retain estimates with DCF-based target price of Rs58
TVS Motor Company: No respite from troubles; net profit down 65% yoy
Updates
Federal Bank: Amongst the few good results in financial sector, upgrading target price, retain OP
Result Updates