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Monday, January 22, 2007

Results Calendar - Jan 30 2007


Jan 30 2007 ABC India Ltd
Jan 30 2007 Abirami Financial Services (India) Ltd
Jan 30 2007 Addi Industries Ltd
Jan 30 2007 Aeonian Investments Company Ltd
Jan 30 2007 AIMCO Pesticides Ltd
Jan 30 2007 Ajanta Pharma Ltd
Jan 30 2007 Alcobex Metals Ltd
Jan 30 2007 Alumeco India Extrusion Ltd
Jan 30 2007 Amara Raja Batteries Ltd
Jan 30 2007 Ambika Cotton Mills Ltd
Jan 30 2007 Amrit Banaspati Company Ltd
Jan 30 2007 Anna Infrastructures Ltd
Jan 30 2007 Aplab Ltd
Jan 30 2007 Arcee Industries Ltd
Jan 30 2007 Areva T&D India Ltd
Jan 30 2007 Ashiana Housing & Finance (India) Ltd
Jan 30 2007 Ashish Polyplast Ltd
Jan 30 2007 ASM Technologies Ltd
Jan 30 2007 ATN International Ltd
Jan 30 2007 Avanti Feeds Ltd
Jan 30 2007 Aviva Industries Ltd
Jan 30 2007 Avon Mercantile Ltd
Jan 30 2007 B.L.Kashyap & Sons Ltd
Jan 30 2007 Bacil Pharma Ltd
Jan 30 2007 Bagadia Colourchem Ltd
Jan 30 2007 Bajaj Electricals Ltd
Jan 30 2007 Bajaj Steel Industries Ltd
Jan 30 2007 Balrampur Chini Mills Ltd
Jan 30 2007 Beeyu Overseas Ltd
Jan 30 2007 Bhageria Dye-Chem Ltd
Jan 30 2007 Bhagyashree Leasing & Finance Ltd
Jan 30 2007 Bhuruka Gases Ltd
Jan 30 2007 Bhuwalka Steel Industries Ltd
Jan 30 2007 Blow Plast Ltd
Jan 30 2007 Blue Chip India Ltd
Jan 30 2007 Bombay Talkies Ltd
Jan 30 2007 Brescon Corporate Advisors Ltd
Jan 30 2007 BSL Ltd
Jan 30 2007 Century 21st Portfolio Ltd
Jan 30 2007 Century Plyboards (India) Ltd
Jan 30 2007 Chamanlal Setia Exports Ltd
Jan 30 2007 Chandra Prabhu International Ltd
Jan 30 2007 Chandrika Traders Ltd
Jan 30 2007 Chartered Carriers Ltd
Jan 30 2007 Cheslind Textiles Ltd
Jan 30 2007 Choksi Imaging Ltd
Jan 30 2007 Conart Engineers Ltd
Jan 30 2007 Continental Credit & Investments Ltd
Jan 30 2007 Creative Eye Ltd
Jan 30 2007 Devinsu Trading Ltd
Jan 30 2007 Dhoot Industrial Finance Ltd
Jan 30 2007 Doon Valley Rice Ltd
Jan 30 2007 Dynamatic Technologies Ltd
Jan 30 2007 Ecoplast Ltd
Jan 30 2007 EMA India Ltd
Jan 30 2007 Emkay Shares & Stock Brokers Ltd
Jan 30 2007 Essar Shipping Ltd
Jan 30 2007 Everest Industries Ltd
Jan 30 2007 Filatex India Ltd
Jan 30 2007 Futura Polyesters Ltd
Jan 30 2007 Garware Marine Industries Ltd
Jan 30 2007 GCCL Construction & Realities Ltd
Jan 30 2007 GCCL Infrastructure & Projects Ltd
Jan 30 2007 Genomics Biotech Ltd
Jan 30 2007 Godavari Drugs Ltd
Jan 30 2007 Godfrey Phillips India Ltd
Jan 30 2007 Godrej Commodities Ltd
Jan 30 2007 Godrej Industries Ltd
Jan 30 2007 Gogia International Securities Ltd
Jan 30 2007 Gujarat Credit Corporation Ltd
Jan 30 2007 Gujarat Sidhee Cement Ltd
Jan 30 2007 Gulshan Chemfill Ltd
Jan 30 2007 Gulshan Polyols Ltd
Jan 30 2007 Gulshan Sugars & Chemicals Ltd
Jan 30 2007 Hansaflon Plasto Chem Ltd
Jan 30 2007 Harita Seating Systems Ltd
Jan 30 2007 Harvic Management Services (India) Ltd
Jan 30 2007 Hercules Hoists Ltd
Jan 30 2007 Hindustan Hardy Spicer Ltd
Jan 30 2007 Hindusthan National Glass & Industries Ltd
Jan 30 2007 Hitachi Home & Life Solutions (I) Ltd
Jan 30 2007 IFB Industries Ltd
Jan 30 2007 Indian Hume Pipe Company Ltd
Jan 30 2007 Indo-Castle Multimedia Ltd
Jan 30 2007 Indo-City Infotech Ltd
Jan 30 2007 Interfit Techno Products Ltd
Jan 30 2007 Investment & Precision Castings Ltd
Jan 30 2007 Ishwarshakti Holdings & Traders Ltd
Jan 30 2007 ITL Industries Ltd
Jan 30 2007 J J Finance Corporation Ltd
Jan 30 2007 Jaiprakash Hydro-Power Ltd
Jan 30 2007 Jauss Polymers Ltd
Jan 30 2007 Jayaswals Neco Ltd
Jan 30 2007 Jaypee Hotels Ltd
Jan 30 2007 JCT Ltd
Jan 30 2007 Jenson & Nicholson (India) Ltd
Jan 30 2007 Jindal Poly Films Ltd
Jan 30 2007 Kandagiri Spinning Mills Ltd
Jan 30 2007 Kanoria Chemicals & Industries Ltd
Jan 30 2007 Kansai Nerolac Paints Ltd
Jan 30 2007 Kapashi Commercial Ltd
Jan 30 2007 Kernex Microsystems (India) Ltd
Jan 30 2007 Khaitan Chemicals & Fertilizers Ltd
Jan 30 2007 Kiran Print Pack Ltd
Jan 30 2007 Kitex Garments Ltd
Jan 30 2007 KLG Capital Services Ltd
Jan 30 2007 Kovai Medical Center & Hospital Ltd
Jan 30 2007 Lahoti Overseas Ltd
Jan 30 2007 Lalit Polymers & Electronics Ltd
Jan 30 2007 LCC Infotech Ltd
Jan 30 2007 Lloyd Rock Fibres Ltd
Jan 30 2007 Magico Exports & Consultants Ltd
Jan 30 2007 Mangalore Chemicals & Fertilizers Ltd
Jan 30 2007 Marmagoa Steel Ltd
Jan 30 2007 Master Trust Ltd
Jan 30 2007 Media Video Ltd
Jan 30 2007 Mega Fin (India) Ltd
Jan 30 2007 Metrochem Industries Ltd
Jan 30 2007 Mid East Portfolio Management Ltd
Jan 30 2007 Modern Dairies Ltd
Jan 30 2007 Modern Steels Ltd
Jan 30 2007 Morgan Ventures Ltd
Jan 30 2007 Motherson Sumi Systems Ltd
Jan 30 2007 Mount Everest Mineral Water Ltd
Jan 30 2007 Nakoda Textile Industries Ltd
Jan 30 2007 Natco Pharma Ltd
Jan 30 2007 National Mineral Development Corporation Ltd
Jan 30 2007 Natraj Financial & Services Ltd
Jan 30 2007 Naval Technoplast Industries Ltd
Jan 30 2007 Neelkanth Rockminerals Ltd
Jan 30 2007 Neena Consultants Ltd
Jan 30 2007 Nidhi Granites Ltd
Jan 30 2007 Novopan Industries Ltd
Jan 30 2007 NPR Finance Ltd
Jan 30 2007 Nuchem Ltd
Jan 30 2007 Organic Coatings Ltd
Jan 30 2007 Orient Paper & Industries Ltd
Jan 30 2007 Oswal Agro Mills Ltd
Jan 30 2007 Parekh Distributors Ltd
Jan 30 2007 Pentium Infotech Ltd
Jan 30 2007 Phoenix Lamps Ltd
Jan 30 2007 Pioneer Distilleries Ltd
Jan 30 2007 Polylink Polymers (India) Ltd
Jan 30 2007 Powersoft Global Solutions Ltd
Jan 30 2007 Prima Industries Ltd
Jan 30 2007 Prime Industries Ltd
Jan 30 2007 Prime Textiles Ltd
Jan 30 2007 Pro Fin Capital Services Ltd
Jan 30 2007 Pudumjee Pulp & Paper Mills Ltd
Jan 30 2007 Punjab Communications Ltd
Jan 30 2007 Raj Agro Mills Ltd
Jan 30 2007 Ramco Industries Ltd
Jan 30 2007 Royal Orchid Hotels Ltd
Jan 30 2007 S V Electricals Ltd
Jan 30 2007 Sambandam Spinning Mills Ltd
Jan 30 2007 Sanmitra Commercial Ltd
Jan 30 2007 Satyam Silk Mills Ltd
Jan 30 2007 Savita Chemicals Ltd
Jan 30 2007 Schlafhorst Engineering (India) Ltd
Jan 30 2007 Seasons Furnishings Ltd
Jan 30 2007 Seasons Textiles Ltd
Jan 30 2007 Sheetal Bio-Agro Tech Ltd
Jan 30 2007 Shin Ho Petrochemical (India) Ltd
Jan 30 2007 Shrenuj & Company Ltd
Jan 30 2007 Shri Chlochem Ltd
Jan 30 2007 Shyam Telecom Ltd
Jan 30 2007 Sirhind Enterprises Ltd
Jan 30 2007 Sirhind Steel Ltd
Jan 30 2007 SKS (Ship) Ltd
Jan 30 2007 Solix Technologies Ltd
Jan 30 2007 South Asian Enterprises Ltd
Jan 30 2007 SRF Polymers Ltd
Jan 30 2007 Subros Ltd
Jan 30 2007 Swastik Surfactants Ltd
Jan 30 2007 Talbros Automotive Components Ltd
Jan 30 2007 Thirdwave Financial Intermediaries Ltd
Jan 30 2007 Todays Writing Products Ltd
Jan 30 2007 Trent Ltd
Jan 30 2007 TTK Healthcare Ltd
Jan 30 2007 TTK Prestige Ltd
Jan 30 2007 Tudor India Ltd
Jan 30 2007 Uniroyal Textile Industries Ltd
Jan 30 2007 Unity Infraprojects Ltd
Jan 30 2007 V I P Industries Ltd
Jan 30 2007 Vallabh Steels Ltd
Jan 30 2007 Vans Information Ltd
Jan 30 2007 Vardhman Industries Ltd
Jan 30 2007 Veena Textiles Ltd
Jan 30 2007 Victoria Mills Ltd
Jan 30 2007 Victory Paper & Boards (India) Ltd
Jan 30 2007 Vijay Textiles Ltd
Jan 30 2007 Vintron Informatics Ltd
Jan 30 2007 Vinyoflex Ltd
Jan 30 2007 Visa Steel Ltd
Jan 30 2007 Vision Corporation Ltd
Jan 30 2007 Welspun India Ltd
Jan 30 2007 Worldwide Leather Exports Ltd
Jan 30 2007 Zenith Computers Ltd
Jan 30 2007 Zenith Infotech Ltd

Results Calendar - Jan 29 2007


Jan 29 2007 Accel Transmatic Ltd
Jan 29 2007 Acrow India Ltd
Jan 29 2007 AD Manum Finance Ltd
Jan 29 2007 Adhunik Metaliks Ltd
Jan 29 2007 Aditya International Ltd
Jan 29 2007 Akar Tools Ltd
Jan 29 2007 Amarjothi Spinning Mills Ltd
Jan 29 2007 Anjani Portland Cement Ltd
Jan 29 2007 Ansal Housing & Construction Ltd
Jan 29 2007 Arora Fibres Ltd
Jan 29 2007 Asian Independent Network Ltd
Jan 29 2007 Asian Tea & Exports Ltd
Jan 29 2007 Associated Marmo & Granites Ltd
Jan 29 2007 Astra Microwave Products Ltd
Jan 29 2007 Avon Organics Ltd
Jan 29 2007 Ayoki Merchantile Ltd
Jan 29 2007 B & A Multiwall Packaging Ltd
Jan 29 2007 B N Rathi Securities Ltd
Jan 29 2007 Bannari Amman Sugars Ltd
Jan 29 2007 BCC Fuba India Ltd
Jan 29 2007 Beck India Ltd
Jan 29 2007 Bhagyanagar Wood Plast Ltd
Jan 29 2007 Bhansali Engineering Polymers Ltd
Jan 29 2007 Bharati Shipyard Ltd
Jan 29 2007 Bhoruka Steel Ltd
Jan 29 2007 Bijoy Hans Ltd
Jan 29 2007 BKV Industries Ltd
Jan 29 2007 Blue Bird (India) Ltd
Jan 29 2007 Blue Star Ltd
Jan 29 2007 BNR Udyog Ltd
Jan 29 2007 Boss Securities Ltd
Jan 29 2007 Brushman (India) Ltd
Jan 29 2007 Camlin Ltd
Jan 29 2007 Caprolactam Chemicals Ltd
Jan 29 2007 Cethar Industries Ltd
Jan 29 2007 Chhattisgarh Industries Ltd
Jan 29 2007 Chitradurga Spintex Ltd
Jan 29 2007 Ciba Specialty Chemicals (India) Ltd
Jan 29 2007 CitiPort Financial Services Ltd
Jan 29 2007 Credence Sound & Vision Ltd
Jan 29 2007 Deccan Cements Ltd
Jan 29 2007 Deepak Fertilizers & Petrochemicals Corp Ltd
Jan 29 2007 Denso India Ltd
Jan 29 2007 DGP Securities Ltd
Jan 29 2007 Dhanalakshmi Bank Ltd
Jan 29 2007 Dhanlaxmi Fabrics Ltd
Jan 29 2007 Dharamsi Morarji Chemicals Co Ltd
Jan 29 2007 Dhruva Capital Services Ltd
Jan 29 2007 Dishman Pharmaceuticals and Chemicals Ltd
Jan 29 2007 Dunlop India Ltd
Jan 29 2007 Elango Industries Ltd
Jan 29 2007 ELF Trading And Chemicals Manufacturing Ltd
Jan 29 2007 Elpro International Ltd
Jan 29 2007 Esquire Money Guarantees Ltd
Jan 29 2007 Essar Steel Ltd
Jan 29 2007 Eveready Industries India Ltd
Jan 29 2007 Excel Crop Care Ltd
Jan 29 2007 Facor Alloys Ltd
Jan 29 2007 Facor Steels Ltd
Jan 29 2007 Fem Care Pharma Ltd
Jan 29 2007 Ferro Alloys Corporation Ltd
Jan 29 2007 Galada Power & Telecommunication Ltd
Jan 29 2007 Gangotri Textiles Ltd
Jan 29 2007 Garnet International Ltd
Jan 29 2007 Gemini Communication Ltd
Jan 29 2007 Gemstone Investment Ltd
Jan 29 2007 GHCL Ltd
Jan 29 2007 Gokaldas Exports Ltd
Jan 29 2007 GRM Overseas Ltd
Jan 29 2007 Gyan Developers & Builders Ltd
Jan 29 2007 H. S. India Ltd
Jan 29 2007 Hariyana Ship Breakers Ltd
Jan 29 2007 Hawkins Cooker Ltd
Jan 29 2007 HEG Ltd
Jan 29 2007 Hindustan Dorr-Oliver Ltd
Jan 29 2007 Hisar Spinning Mills Ltd
Jan 29 2007 Hitkari Industries Ltd
Jan 29 2007 IFGL Refractories Ltd
Jan 29 2007 IKAB Securities & Investment Ltd
Jan 29 2007 Indo Asian Finance Ltd
Jan 29 2007 Indraprastha Medical Corporation Ltd
Jan 29 2007 Inducto Steel Ltd
Jan 29 2007 Info Edge (India) Ltd
Jan 29 2007 Intec Securities Ltd
Jan 29 2007 International Combustion (India) Ltd
Jan 29 2007 IVRCL Infrastructures & Projects Ltd
Jan 29 2007 Jagsonpal Pharmaceutical Ltd
Jan 29 2007 Jai Corp Ltd
Jan 29 2007 Jaisal Securities Ltd
Jan 29 2007 Jalgaon Re-Rolling Industries Ltd
Jan 29 2007 Jamshri Ranjitsinghji Spg & Wvg Mills Co Ltd
Jan 29 2007 JCT Electronics Ltd
Jan 29 2007 Jindal Drilling & Industries Ltd
Jan 29 2007 Jupiter Bioscience Ltd
Jan 29 2007 Kakatiya Cements Sugar & Industries Ltd
Jan 29 2007 Kartik Investments Trust Ltd
Jan 29 2007 Kemp & Co Ltd
Jan 29 2007 Kennametal India Ltd
Jan 29 2007 Kilburn Chemicals Ltd
Jan 29 2007 Kilburn Office Automation Ltd
Jan 29 2007 Krishna Filaments Ltd
Jan 29 2007 Lakshmi Electrical Control Systems Ltd
Jan 29 2007 Mackinnon Mackenzie & Company Ltd
Jan 29 2007 Madhucon Projects Ltd
Jan 29 2007 Mathew Easow Research Securities Ltd
Jan 29 2007 McNally Bharat Engineering Company Ltd
Jan 29 2007 Mefcom Agro Industries Ltd
Jan 29 2007 Mid India Industries Ltd
Jan 29 2007 Mid-Day Multimedia Ltd
Jan 29 2007 Modern Shares & Stockbrokers Ltd
Jan 29 2007 Monotona Securities Ltd
Jan 29 2007 Monsanto India Ltd
Jan 29 2007 Mount Shivalik Industries Ltd
Jan 29 2007 Munoth Capital Market Ltd
Jan 29 2007 Nath Seeds Ltd
Jan 29 2007 National Plywood Industries Ltd
Jan 29 2007 NEPC Agro Foods Ltd
Jan 29 2007 NEPC-India Ltd
Jan 29 2007 Netlink Solutions (India) Ltd
Jan 29 2007 Oasis Securities Ltd
Jan 29 2007 Omnitex Industries (India) Ltd
Jan 29 2007 Onida Saka Ltd
Jan 29 2007 Oudh Sugar Mills Ltd
Jan 29 2007 P I Industries Ltd
Jan 29 2007 Panasonic Battery India Company Ltd
Jan 29 2007 Parry Agro Industries Ltd
Jan 29 2007 Parsharti Investment Ltd
Jan 29 2007 PBM Polytex Ltd
Jan 29 2007 PCS Technology Ltd
Jan 29 2007 Pee Cee Cosma Sope Ltd
Jan 29 2007 PH Trading Ltd
Jan 29 2007 Polytex India Ltd
Jan 29 2007 Pranavaditya Spinning Mills Ltd
Jan 29 2007 Prem Somani Financial Services Ltd
Jan 29 2007 Punit Commercials Ltd
Jan 29 2007 Raghav Industries Ltd
Jan 29 2007 Rajasthan Tube Manufacturing Co Ltd
Jan 29 2007 Rajkamal Synthetics Ltd
Jan 29 2007 Rama Pulp & Papers Ltd
Jan 29 2007 Rama Vision Ltd
Jan 29 2007 Rander Corporation Ltd
Jan 29 2007 Ratnamani Metals & Tubes Ltd
Jan 29 2007 Ravalgaon Sugar Farm Ltd
Jan 29 2007 Relic Technologies Ltd
Jan 29 2007 Rubber Products Ltd
Jan 29 2007 Safari Industries (India) Ltd
Jan 29 2007 Samkrg Pistons & Rings Ltd
Jan 29 2007 Samyak International Ltd
Jan 29 2007 Sanjivani Paranteral Ltd
Jan 29 2007 Sesa Goa Ltd
Jan 29 2007 Shreyans Industries Ltd
Jan 29 2007 Shri Dinesh Mills Ltd
Jan 29 2007 Shri Jagdamba Polymers Ltd
Jan 29 2007 Sinnar Bidi Udyog Ltd
Jan 29 2007 Skyline NEPC Ltd
Jan 29 2007 Softsol India Ltd
Jan 29 2007 Solid Granites Ltd
Jan 29 2007 Sonia Textiles Ltd
Jan 29 2007 Specular Marketing & Financing Ltd
Jan 29 2007 Spice Islands Apparels Ltd
Jan 29 2007 SPL Industries Ltd
Jan 29 2007 Sree Rayalaseema Alkalies & Allied Chemicals Ltd
Jan 29 2007 Stanpacks (India) Ltd
Jan 29 2007 Star Paper Mills Ltd
Jan 29 2007 Stelco Strips Ltd
Jan 29 2007 Sudal Industries Ltd
Jan 29 2007 Sun Pharmaceuticals Industries Ltd
Jan 29 2007 Sundaram Clayton Ltd
Jan 29 2007 Suprajit Engineering Ltd
Jan 29 2007 Suraj Stainless Ltd
Jan 29 2007 Surbhi Industries Ltd
Jan 29 2007 Tantia Constructions Ltd
Jan 29 2007 Temptation Foods Ltd
Jan 29 2007 Thiru Arooran Sugars Ltd
Jan 29 2007 Thirumalai Chemicals Ltd
Jan 29 2007 Transoceanic Properties Ltd
Jan 29 2007 Trigyn Technologies Ltd
Jan 29 2007 Tube Investments of India Ltd
Jan 29 2007 Tuticorin Alkali Chemicals & Fertilisers Ltd
Jan 29 2007 Twenty First Century Printers Ltd
Jan 29 2007 United Drilling Tools Ltd
Jan 29 2007 United Textiles Ltd
Jan 29 2007 Upsurge Investment & Finance Ltd
Jan 29 2007 Usha International Ltd
Jan 29 2007 UT Ltd
Jan 29 2007 Vintage Securities Ltd
Jan 29 2007 W S Industries (India) Ltd
Jan 29 2007 Watson Software Ltd
Jan 29 2007 White Hall Commercial Company Ltd
Jan 29 2007 Winro Commercial (India) Ltd
Jan 29 2007 Woo Yang Electronics (India) Ltd
Jan 29 2007 XPRO India Ltd
Jan 29 2007 Zenith Health Care Ltd

Results Calendar - Jan 27 2007


Jan 27 2007 Amrit Enterprises Ltd
Jan 27 2007 Anil Special Steel Industries Ltd
Jan 27 2007 Anshuni Commercials Ltd
Jan 27 2007 Artillegence Bio-Innovations Ltd
Jan 27 2007 Assam Petrochemicals Ltd
Jan 27 2007 Bala Techno Synthetics Ltd
Jan 27 2007 Bhagawati Gases Ltd
Jan 27 2007 Bhagawati Oxygen Ltd
Jan 27 2007 Bhagiradha Chemicals & Industries Ltd
Jan 27 2007 Bhagwandas Metals Ltd
Jan 27 2007 Bholanath International Ltd
Jan 27 2007 Bobshell Electrodes Ltd
Jan 27 2007 Carborundum Universal Ltd
Jan 27 2007 City Union Bank Ltd
Jan 27 2007 Deep Industries Ltd
Jan 27 2007 Dhanlaxmi Cotex Ltd
Jan 27 2007 Digital Multiforms Ltd
Jan 27 2007 Dredging Corporation of India Ltd
Jan 27 2007 Elgi Equipments Ltd
Jan 27 2007 Fairfield Atlas Ltd
Jan 27 2007 Force Motors Ltd
Jan 27 2007 GDL Leasing & Finance Ltd
Jan 27 2007 Genus Commutrade Ltd
Jan 27 2007 Golden Laminates Ltd
Jan 27 2007 GTN Industries Ltd
Jan 27 2007 Hotel Leela Venture Ltd
Jan 27 2007 IFB Agro Industries Ltd
Jan 27 2007 IFB Securities Ltd
Jan 27 2007 India Glycols Ltd
Jan 27 2007 Ishan Dyes & chemicals Ltd
Jan 27 2007 J K Cements Ltd
Jan 27 2007 Jhagadia Copper Ltd
Jan 27 2007 Kalyani Forge Ltd
Jan 27 2007 Karnataka Bank Ltd
Jan 27 2007 Kilitch Drugs (India) Ltd
Jan 27 2007 Kisan Mouldings Ltd
Jan 27 2007 La Mere Apparels Ltd
Jan 27 2007 Lincoln Pharmaceuticals Ltd
Jan 27 2007 Luminaire Technologies Ltd
Jan 27 2007 Madhusudan Industries Ltd
Jan 27 2007 Maestros Mediline Systems Ltd
Jan 27 2007 Mahanagar Telephone Nigam Ltd
Jan 27 2007 Mangalya Soft-Tech Ltd
Jan 27 2007 Miven Machine Tools Ltd
Jan 27 2007 MSP Steel & Power Ltd
Jan 27 2007 Nijjer Agro Foods Ltd
Jan 27 2007 Nilkamal Ltd
Jan 27 2007 Olympic Management & Financial Services Ltd
Jan 27 2007 Omni Dye-chem Exports Ltd
Jan 27 2007 Oswal Yarns Ltd
Jan 27 2007 P B A Infrastructure Ltd
Jan 27 2007 Peacock Industries Ltd
Jan 27 2007 Pharmaids Pharmaceuticals Ltd
Jan 27 2007 Pix Transmission Ltd
Jan 27 2007 PRICOL Ltd
Jan 27 2007 Pushpsons Industries Ltd
Jan 27 2007 Q-Flex Cables Ltd
Jan 27 2007 Rainbow Papers Ltd
Jan 27 2007 Reliance Chemotex Industries Ltd
Jan 27 2007 Roto Pumps Ltd
Jan 27 2007 Sanghi Industries Ltd
Jan 27 2007 SER Industries Ltd
Jan 27 2007 Shilpa Medicare Ltd
Jan 27 2007 Shoppers Stop Ltd
Jan 27 2007 Shree Bhawani Paper Mills Ltd
Jan 27 2007 Shri Ganesh Spinners Ltd
Jan 27 2007 Shyamal Holdings & Trading Ltd
Jan 27 2007 Sirpur Paper Mills Ltd
Jan 27 2007 Smruthi Organics Ltd
Jan 27 2007 SPS International Ltd
Jan 27 2007 Sree Sakthi Paper Mills Ltd
Jan 27 2007 Sreechem Resins Ltd
Jan 27 2007 SREI Infrastructure Finance Ltd
Jan 27 2007 Suraj Products Ltd
Jan 27 2007 Surya Roshni Ltd
Jan 27 2007 Swiss Glascoat Equipments Ltd
Jan 27 2007 Synergy Log-In Systems Ltd
Jan 27 2007 Transpek Industry Ltd
Jan 27 2007 UMS Technologies Ltd
Jan 27 2007 Uniroyal Marine Exports Ltd
Jan 27 2007 United Van Der Horst Ltd
Jan 27 2007 Vakrangee Softwares Ltd

Results Calendar - Jan 25 2007


Jan 25 2007 Action Construction Equipments Ltd
Jan 25 2007 Albert David Ltd
Jan 25 2007 Alchemist Ltd
Jan 25 2007 Allsec Technologies Ltd
Jan 25 2007 Amforge Industries Ltd
Jan 25 2007 Andhra Pradesh Paper Mills Ltd
Jan 25 2007 Apar Industries Ltd
Jan 25 2007 Aravali Securities & Finance Ltd
Jan 25 2007 Aroni Commercials Ltd
Jan 25 2007 Arshhiya Technologies International Ltd
Jan 25 2007 Ashiana Agro Industries Ltd
Jan 25 2007 Asian Star Company Ltd
Jan 25 2007 Atul Ltd
Jan 25 2007 Aurionpro Solutions Ltd
Jan 25 2007 Austin Engineering Company Ltd
Jan 25 2007 Available Finance Ltd
Jan 25 2007 Avaya GlobalConnect Ltd
Jan 25 2007 Avery India Ltd
Jan 25 2007 Axon Infotech Ltd
Jan 25 2007 Banco Products (India) Ltd
Jan 25 2007 Bank of Maharashtra
Jan 25 2007 Banswara Syntex Ltd
Jan 25 2007 Bengal Tea & Fabrics Ltd
Jan 25 2007 Bervin Investments & Leasing Ltd
Jan 25 2007 Bhagyodaya Marketing Company Ltd
Jan 25 2007 Bharat Gears Ltd
Jan 25 2007 Bhoruka Aluminium Ltd
Jan 25 2007 Biopac India Corporation Ltd
Jan 25 2007 Blue Star Infotech Ltd
Jan 25 2007 Cable Corporation of India Ltd
Jan 25 2007 Camphor & Allied Products Ltd
Jan 25 2007 Caprihans India Ltd
Jan 25 2007 CCAP Ltd
Jan 25 2007 Century Textiles & Industries Ltd
Jan 25 2007 CMS Infotech Ltd
Jan 25 2007 Consolidated Securities Ltd
Jan 25 2007 Cosmo Ferrites Ltd
Jan 25 2007 Danlaw Technologies India Ltd
Jan 25 2007 Deccan Aviation Ltd
Jan 25 2007 Dewan Housing Finance Corporation Ltd
Jan 25 2007 EID Parry (India) Ltd
Jan 25 2007 Elegant Marbles and Grani Industries Ltd
Jan 25 2007 Enkei Castalloy Ltd
Jan 25 2007 Excel Industries Ltd
Jan 25 2007 Four Soft Ltd
Jan 25 2007 G M Breweries Ltd
Jan 25 2007 Gayatri Sugars Ltd
Jan 25 2007 Gillanders Arbuthnot & Company Ltd
Jan 25 2007 Gothi Plascon (India) Ltd
Jan 25 2007 Great Eastern Shipping Company Ltd
Jan 25 2007 GSL (India) Ltd
Jan 25 2007 Gujarat Carbon & Industries Ltd
Jan 25 2007 Gujarat Incatel Telecommunications Ltd
Jan 25 2007 Gwalior Chemical Industries Ltd
Jan 25 2007 H K Finechem Ltd
Jan 25 2007 Hem Holdings & Trading Ltd
Jan 25 2007 Hindustan Foods Ltd
Jan 25 2007 Hindustan Motors Ltd
Jan 25 2007 Hydro S&S Industries Ltd
Jan 25 2007 Infomedia India Ltd
Jan 25 2007 J J Exporters Ltd
Jan 25 2007 Javelin Technologies Ltd
Jan 25 2007 JMT Auto Ltd
Jan 25 2007 Kadvani Securities Ltd
Jan 25 2007 Kale Consultants Ltd
Jan 25 2007 Kallam Spinning Mills Ltd
Jan 25 2007 Kerala Chemicals & Proteins Ltd
Jan 25 2007 Kushagra Software Ltd
Jan 25 2007 Kuvam International Fashions Ltd
Jan 25 2007 Landmarc Leisure Corporation Ltd
Jan 25 2007 Living Room Lifestyle Ltd
Jan 25 2007 Lotte India Corporation Ltd
Jan 25 2007 Mahaan Foods Ltd
Jan 25 2007 Mahindra Forgings Ltd
Jan 25 2007 Mahindra Ugine Steel Company Ltd
Jan 25 2007 Majestic Auto Ltd
Jan 25 2007 Malu Paper Mills Ltd
Jan 25 2007 Manali Petrochemical Ltd
Jan 25 2007 Morganite Crucible (India) Ltd
Jan 25 2007 MRF Ltd
Jan 25 2007 Mukta Arts Ltd
Jan 25 2007 Munoth Communication Ltd
Jan 25 2007 Nagarjuna Agrichem Ltd
Jan 25 2007 Navneet Publications (India) Ltd
Jan 25 2007 NRC Ltd
Jan 25 2007 Online Media Solutions Ltd
Jan 25 2007 Oriental Carbon & Chemicals Ltd
Jan 25 2007 Oriental Hotels Ltd
Jan 25 2007 Panama Petrochem Ltd
Jan 25 2007 Pantaloon Retail (India) Ltd
Jan 25 2007 Patel Integrated Logistics Ltd
Jan 25 2007 Pennar Industries Ltd
Jan 25 2007 Permanent Magnets Ltd
Jan 25 2007 Pioneer Investcorp Ltd
Jan 25 2007 Piramyd Retail Ltd
Jan 25 2007 Poly Medicure Ltd
Jan 25 2007 Precision Wires India Ltd
Jan 25 2007 Radaan Mediaworks (I) Ltd
Jan 25 2007 Rajapalayam Mills Ltd
Jan 25 2007 Rajratan Global Wire Ltd
Jan 25 2007 Rajshree Sugars & Chemicals Ltd
Jan 25 2007 Ram Ratna Wires Ltd
Jan 25 2007 Ras Resorts & Apart Hotels Ltd
Jan 25 2007 Rathi Ispat Ltd
Jan 25 2007 Rolcon Engineering Company Ltd
Jan 25 2007 Rose Merc. Ltd
Jan 25 2007 Sagar Cements Ltd
Jan 25 2007 Sakuma Exports Ltd
Jan 25 2007 Salora Finance Ltd
Jan 25 2007 Salzer Electronics Ltd
Jan 25 2007 Saraswati Commercial (India) Ltd
Jan 25 2007 Shantivijay Jewels Ltd
Jan 25 2007 Sharp India Ltd
Jan 25 2007 Shree Krishna Paper Mills & Industries Ltd
Jan 25 2007 Shree Ram Mills Ltd
Jan 25 2007 Shree Renuka Sugars Ltd
Jan 25 2007 Silicon Valley Infotech Ltd
Jan 25 2007 Silktex Ltd
Jan 25 2007 Simplex Castings Ltd
Jan 25 2007 Sita Enterprises Ltd
Jan 25 2007 SNL Bearings Ltd
Jan 25 2007 South India Paper Mills Ltd
Jan 25 2007 Srinivasa Hatcheries Ltd
Jan 25 2007 SSI Ltd
Jan 25 2007 Standard Industries Ltd
Jan 25 2007 Stewarts & Lloyds of India Ltd
Jan 25 2007 Stock Net International Ltd
Jan 25 2007 Sulabh Engineers & Services Ltd
Jan 25 2007 Sumeru Industries Ltd
Jan 25 2007 Supertex Industries Ltd
Jan 25 2007 Tak Machinery & Leasing Ltd
Jan 25 2007 Tata Coffee Ltd
Jan 25 2007 Techno Forge Ltd
Jan 25 2007 Titan BioTech Ltd
Jan 25 2007 Titan Securities Ltd
Jan 25 2007 Triton Valves Ltd
Jan 25 2007 Turbo Inds
Jan 25 2007 Tyche Peripheral Systems Ltd
Jan 25 2007 Unimers India Ltd
Jan 25 2007 Uniroll Leather India Ltd
Jan 25 2007 Universal Office Automation Ltd
Jan 25 2007 Upper Ganges Sugar & Industries Ltd
Jan 25 2007 Uttam Galva Steels Ltd
Jan 25 2007 Vikash Metal & Power Ltd
Jan 25 2007 Vimta Labs Ltd
Jan 25 2007 Virat Industries Ltd
Jan 25 2007 Vishnu Sugar Mills Ltd
Jan 25 2007 Waterbase Ltd
Jan 25 2007 Welcure Drugs & Pharmaceuticals Ltd
Jan 25 2007 Williamson Financial Services Ltd

Results Calendar - Jan 24 2007


Jan 24 2007 Ador Welding Ltd
Jan 24 2007 Agro Tech Foods Ltd
Jan 24 2007 Alkyl Amines Chemicals Ltd
Jan 24 2007 Alphageo (India) Ltd
Jan 24 2007 Ashim Investment Company Ltd
Jan 24 2007 Asian Electronics Ltd
Jan 24 2007 Bank of Baroda
Jan 24 2007 BCL Forgings Ltd
Jan 24 2007 Benares Hotels Ltd
Jan 24 2007 Bindu Synthetics Ltd
Jan 24 2007 BITS Ltd
Jan 24 2007 BNK Capital Markets Ltd
Jan 24 2007 Bombay Cycle & Motor Agency Ltd
Jan 24 2007 Bombay Dyeing & Manufacturing Company Ltd
Jan 24 2007 Bombay Polymers Ltd
Jan 24 2007 BPL Ltd
Jan 24 2007 Centurion Bank of Punjab Ltd
Jan 24 2007 Cholamandalam DBS Finance Ltd
Jan 24 2007 Country Club (India) Ltd
Jan 24 2007 Cyber Media (India) Ltd
Jan 24 2007 English Indian Clays Ltd
Jan 24 2007 Everest Buildcon Ltd
Jan 24 2007 Everest Fintrade Ltd
Jan 24 2007 Fact Enterprise Ltd
Jan 24 2007 Fedders Lloyd Corporation Ltd
Jan 24 2007 FICS Consultancy Services Ltd
Jan 24 2007 Fortune Financial Services (India) Ltd
Jan 24 2007 G G Dandekar Machine Works Ltd
Jan 24 2007 G P Electronics Ltd
Jan 24 2007 Glance Finance Ltd
Jan 24 2007 GMR Industries Ltd
Jan 24 2007 Gontermann Peiper (India) Ltd
Jan 24 2007 Gravity (India) Ltd
Jan 24 2007 Gujarat Hotels Ltd
Jan 24 2007 Gujarat Industries Power Co Ltd
Jan 24 2007 Gujarat Poly-Avx Electronics Ltd
Jan 24 2007 Hella India Lighting Ltd
Jan 24 2007 Ind-Swift Laboratories Ltd
Jan 24 2007 Indian Resort Hotels Ltd
Jan 24 2007 International Data Management Ltd
Jan 24 2007 International Travel House Ltd
Jan 24 2007 ISMT Ltd
Jan 24 2007 Jay Shree Tea & Industries Ltd
Jan 24 2007 JBF Industries Ltd
Jan 24 2007 Jindal South West Holdings Ltd
Jan 24 2007 Kampani Consultants Limitd
Jan 24 2007 Karur Vysya Bank Ltd
Jan 24 2007 KEI Industries Ltd
Jan 24 2007 Magna Eletrocasting Ltd
Jan 24 2007 Mahindra & Mahindra Financial Services Ltd
Jan 24 2007 Manugraph India Ltd
Jan 24 2007 Max India Ltd
Jan 24 2007 Mcleod Russel India Ltd
Jan 24 2007 Minda Industries Ltd
Jan 24 2007 Monnet Ispat Energy Ltd
Jan 24 2007 Morarjee Textiles Ltd
Jan 24 2007 MRO-TEK Ltd
Jan 24 2007 Nagarjuna Construction Company Ltd
Jan 24 2007 Nalin Lease Finance Ltd
Jan 24 2007 NCC Finance Ltd
Jan 24 2007 Oriental Bank of Commerce
Jan 24 2007 Paradyne Infotech Ltd
Jan 24 2007 Paramount Communications Ltd
Jan 24 2007 Pasupati Acrylon Ltd
Jan 24 2007 Pentamedia Graphics Ltd
Jan 24 2007 Pentasoft Technologies Ltd
Jan 24 2007 Perfect Circle India Ltd
Jan 24 2007 Petronet LNG Ltd
Jan 24 2007 Pioneer Embroideries Ltd
Jan 24 2007 Prime Focus Ltd
Jan 24 2007 Prithvi Information Solutions Ltd
Jan 24 2007 PTL Enterprises Ltd
Jan 24 2007 Rama Phosphates Ltd
Jan 24 2007 Rolta India Ltd
Jan 24 2007 Sadhana Nitro Chem Ltd
Jan 24 2007 Sanguine Media Ltd
Jan 24 2007 Sarda Plywood Industries Ltd
Jan 24 2007 Sasken Communication Technology Ltd
Jan 24 2007 Selan Explorations Technology Ltd
Jan 24 2007 Shilchar Electronics Ltd
Jan 24 2007 Shloka Infotech Ltd
Jan 24 2007 Shree Rani Sati Investment And Finance Ltd
Jan 24 2007 Solvay Pharma India Ltd
Jan 24 2007 South East Agro Industries Ltd
Jan 24 2007 Sovereign Diamonds Ltd
Jan 24 2007 Span Diagnostics Ltd
Jan 24 2007 Spel Semiconductor Ltd
Jan 24 2007 Stanrose Mafatlal Investment & Finance Ltd
Jan 24 2007 State Trading Corporation of India Ltd
Jan 24 2007 Steel Strips Wheels Ltd
Jan 24 2007 Supreme Petrochem Ltd
Jan 24 2007 Synergy Multibase Ltd
Jan 24 2007 Tamilnadu Jai Bharath Mills Ltd
Jan 24 2007 Taneja Aerospace & Aviation Ltd
Jan 24 2007 Tanfac Industries Ltd
Jan 24 2007 Tanu Health Care Ltd
Jan 24 2007 Tata Investment Corporation Ltd
Jan 24 2007 Thacker & Company Ltd
Jan 24 2007 TIL Ltd
Jan 24 2007 Twenty First Century Management Services Ltd
Jan 24 2007 Twilight Li-Taka Pharma Ltd
Jan 24 2007 Tyche Industries Ltd
Jan 24 2007 Ultramarine & Pigments Ltd
Jan 24 2007 Vidarbha Iron & Steel Corporation Ltd
Jan 24 2007 Vishal Malleables Ltd
Jan 24 2007 Walchandnagar Industries Ltd
Jan 24 2007 Williamson Magor & Company Ltd
Jan 24 2007 Zodiac-JRD-MKJ Ltd

Results Calendar - Jan 23 2007


Jan 23 2007 ABG Shipyard Ltd
Jan 23 2007 Adlabs Films Ltd
Jan 23 2007 Advanced Micronic Devices Ltd
Jan 23 2007 Alpha Hi-Tech Fuel Ltd
Jan 23 2007 Apeego Ltd
Jan 23 2007 Apollo Sindhoori Capital Investments Ltd
Jan 23 2007 Arvind Products Ltd
Jan 23 2007 Automotive Stampings & Assemblies Ltd
Jan 23 2007 Balmer Lawrie Vanleer Ltd
Jan 23 2007 Birla Ericsson Optical Ltd
Jan 23 2007 CCL Products (India) Ltd
Jan 23 2007 CEAT Ltd
Jan 23 2007 Ceekay Daikin Ltd
Jan 23 2007 Chettinad Cement Corporation Ltd
Jan 23 2007 Coromandel Fertilisers Ltd
Jan 23 2007 Cosmo Films Ltd
Jan 23 2007 Cupid Ltd
Jan 23 2007 D S Kulkarni Developers Ltd
Jan 23 2007 Dabur Pharma Ltd
Jan 23 2007 DCM Shriram Industries Ltd
Jan 23 2007 Educomp Solutions Ltd
Jan 23 2007 Everest Kanto Cylinder Ltd
Jan 23 2007 Fiem Industries Ltd
Jan 23 2007 Filmcity Media Ltd
Jan 23 2007 Gabriel India Ltd
Jan 23 2007 Gayatri Projects Ltd
Jan 23 2007 Gitanjali Gems Ltd
Jan 23 2007 Glenmark Pharmaceuticals Ltd
Jan 23 2007 GMR Infrastructure Ltd
Jan 23 2007 Goa Carbon Ltd
Jan 23 2007 GRUH Finance Ltd
Jan 23 2007 Gujarat Reclaim & Rubber Products Ltd
Jan 23 2007 HB Portfolio Ltd
Jan 23 2007 Helios & Matheson Information Technology Ltd
Jan 23 2007 Hindustan Organic Chemicals Ltd
Jan 23 2007 India Infoline Ltd
Jan 23 2007 Indian Hotels Co Ltd
Jan 23 2007 Ipca Laboratories Ltd
Jan 23 2007 ITI Ltd
Jan 23 2007 Kesoram Industries Ltd
Jan 23 2007 Khandwala Securities Ltd
Jan 23 2007 Lifestyle Fabrics Ltd
Jan 23 2007 Maharashtra Polybutenes Ltd
Jan 23 2007 Mahindra Gesco Developers Ltd
Jan 23 2007 Mangalam Cement Ltd
Jan 23 2007 Mangalore Refinery And Petrochemicals Ltd
Jan 23 2007 Mediaone Global Entertainment Ltd
Jan 23 2007 Millennium Beer Industries Ltd
Jan 23 2007 Mold-Tek Technologies Ltd
Jan 23 2007 Munjal Showa Ltd
Jan 23 2007 Mysore Paper Mills Ltd
Jan 23 2007 National Organic Chemical Industries Ltd
Jan 23 2007 Nitco Tiles Ltd
Jan 23 2007 Noida Toll Bridge Company Ltd
Jan 23 2007 Onward Technologies Ltd
Jan 23 2007 Opto Circuits (India) Ltd
Jan 23 2007 Oxides & Specialities Ltd
Jan 23 2007 Premier Ltd
Jan 23 2007 Radha Madhav Corporation Ltd
Jan 23 2007 Real Strips Ltd
Jan 23 2007 Rollatainers Ltd
Jan 23 2007 Ruby Mills Ltd
Jan 23 2007 SB & T International Ltd
Jan 23 2007 Scana Color (India) Ltd
Jan 23 2007 Shalimar Paints Ltd
Jan 23 2007 Sharon Bio-Medicine Ltd
Jan 23 2007 Sumedha Fiscal Services Ltd
Jan 23 2007 Swaraj Engines Ltd
Jan 23 2007 Swarna Securites Ltd
Jan 23 2007 Swastik Safe Deposit & Investments Ltd
Jan 23 2007 Tata Motors Ltd
Jan 23 2007 TCI Industries Ltd
Jan 23 2007 Times Guaranty Ltd
Jan 23 2007 Transport Corporation of India Ltd
Jan 23 2007 United Breweries (Holdings) Ltd
Jan 23 2007 United Spirits Ltd
Jan 23 2007 Universal Cables Ltd
Jan 23 2007 Vikram Thermo (India) Ltd
Jan 23 2007 Vindhya Telelinks Ltd
Jan 23 2007 Western India Shipyard Ltd
Jan 23 2007 Wheel & Axle Textiles Ltd
Jan 23 2007 Zandu Pharmaceutical Works Ltd

Stocks you can pick up this week


Bajaj Auto
Research: Angel Broking
Ratings: Hold
CMP: Rs 2,730 (Face Value Rs 10)
12-Month Price Target: Rs 3,000

After an improved market share in price and premium segment, BAL is now targeting executive segment, which contributes almost 55% of the total motorcycle volume in the industry.

It is planning to launch a new line of aggressively priced bikes between 50 cc and 150 cc segments, which will offer higher performance and better looks in an attempt to pull the customer away from Hero Honda’s highly popular ‘Splendor’ and ‘Passion’.

BAL gained strong market share in FY06 and nine months of FY07, which was largely driven by its entry segment CT100, newly launched Patina in April ’06 and premium bike ‘Pulsar’. If BAL succeeds in gaining market share in the executive segment, then it will be a big gain in terms of volume for the company.

Based on the SOTP valuation of Bajaj Auto, the target on FY08E basis works out to Rs 3,200. Angel Broking maintains a hold on the stock and advises investors to enter the stock at lower levels with a long-term perspective.

Automotive Axles
Research: ASK Raymond James
Ratings: Buy
CMP: Rs 614 (Face Value Rs 10)
12-Month Price Target: Rs 730

Automotive Axles’ (AAL) Q1 FY07 results were in line with expectations. Revenues witnessed a growth of 44% to Rs 145 crore against the expectation of Rs130 crore. Rise in raw materials cost by 10% QoQ (raw materials to sales increased by 380 bps YoY) led to margin pressure of 80 bps YoY to 17.3%.

Reported PAT witnessed a growth of 39% to Rs 13.6 crore, which includes an exchange income of Rs 1.33 crore. When adjusted it leads to a PAT of Rs 12.3 crore (in line with our estimated figure of Rs 12.3 crore).

The company will manage to increase its margins and maintain the same at 18% as it will be able to pass on the raw material hikes to its customers in the next quarter. Also, the company’s axle sales to military vehicles, which reduced around 90% (high margin sales) due to postponement of orders from the customer side, is expected to flow from Q2 FY07E.

Moreover, with fresh export orders expected from Arvin Meritor, the company will achieve Rs 80 crore by FY07E and Rs 120 crore by FY08E. On the back of higher capacity expansion and higher export growth prospects, ASK Raymond upgrade the earnings from Rs 37.2 to Rs 40.8 for FY07E and from Rs 46.2 to Rs 52.9 for FY08E respectively.
HDFC Bank
Research: Enam Securities
Ratings: Underperformer
CMP: Rs 1,066 (Face Value Rs 10)
12-Month Price Target: Rs 944

HDFC Bank’s Q3FY07 results were largely in line with expectations, with stable margins and moderate asset growth. Net profit rose 32% YoY, driven by 38.5% growth in NII. Balance sheet growth moderated to 33% YoY levels with both deposit and credit growth moderating to 33% and 30% respectively.

Current account and saving account (CASA) bounced back to 55% after falling to 52% in Q2 FY07, which has been a function of moderation in deposit growth to 30%, coupled with improvement in current account proportion from 24% in Q2 to 26% in Q307.

It is noteworthy here that the bank added 48 branches in a very short span during the quarter, after being deprived of new branch licenses for a year. Enam believes that the bank’s net interest margin (NIM) will likely sustain, as CASA is likely to remain high.

While asset growth has moderated, it will pick up going forward, given the new branches being added. While the fundamentals remain intact, Enam believes that valuations at 4.2x FY08E BV offer limited upside from a one-year perspective.

Great Offshore
Research: BRICS PCG
Ratings: Buy
CMP: Rs 746 (Face Value Rs 10)
12-Month Price Target: Rs 900

Outfitted with a fleet of 37 vessels, Great Offshore is the country’s largest private operator of support vessels and harbour tugs. Great Offshore’s fleet comprises two exploratory drilling rigs, 23 offshore support vessels (OSV), 11 tugs and a barge.

The company aims to become a composite service provider in the offshore drilling, offshore oilfield support, marine construction and port terminal service segments. A large portion of the company’s income comes from its Indian operations, though it has expanded its reach to other countries as well.

It has set up representative offices in Dubai and Malaysia and is now providing services in markets like the Middle East, North Sea and South Africa. The average one-year forward P/E for global peers is estimated at 10x.

BRICS has assigned a 30% premium to the company’s offshore division due to its significantly higher revenue visibility vis-à-vis global peers. Applying the P/E multiple of 13 to FY08E EPS of Rs 48, BRICS has arrived at a fair value of Rs 623 for the offshore division.

Great Offshore will take delivery of a jack-up rig in Q3 FY09, the full benefit of which will arise in FY10. Therefore, drilling division is valued based on FY10 earnings and rolled this back to arrive at an FY08 target of Rs 277.

TTK Prestige
Research: Emkay
Ratings: Buy
CMP: Rs 137 (Face Value Rs 10)
12-Month Price Target: Rs 201

TTK Prestige is making aggressive efforts to become a total kitchen solution provider by outsourcing products requirement from other players. Also, with cost-cutting and operating efficiency measures, Emkay expects it to post a strong set of financials in the next two years.

The company posted a topline growth of 25% during the past two years and the management is confident of revenue growth of 30% over the next 2-3 years. Emkay expects it to post a 27% CAGR in terms of its revenue over the period of FY06-FY08E and 57% EPS CAGR during the same period. RoCE and RoE are expected to be 16% and 23 % for FY08E, respectively.

Kirloskar Oil Engine
Research: Edelweiss
Ratings: Buy
CMP: Rs 268(Face Value Rs 2)
12-Month Price Target: NA

Koel’s Q3FY07 results were in line with expectations in terms of sales growth and below expectations in terms of profitability. Net revenues grew by ~37% YoY to ~Rs 450 crore, driven by growth in the engine business. Engines and auto component segments grew by ~43% and ~18% YoY, respectively.

Engines formed ~83% of sales in Q3 FY07 compared with ~77% in Q3FY06. The business mix has been changing in favour of the engine segment, driven by robust demand for generators and diesel engines. Post Q3 FY07 results, Edelweiss continues to remain positive on the company as an infrastructure and agriculture sector play

Close: Traded ranged as markets absorbs the numbers !


Indian Indices showed ranged action for the day and closed in positive marginally. Profit taking was apparent at the start of the session in some index heavy weights whereas others saw recovery in sectors like Engineering, telecom, Pharma, and auto sector. Buying activity intensified the index heavyweights to move towards positive territory in sectors like cement and steel stock. Selective Mid and Small Caps saw action as is the case ahead of results season as investors were playing safe ahead of F&O settlement week. Global cues did not help Indian markets to start off good and closed positive and European Markets currently trading positive. Maruti results were not exciting but the fact that the company will launch the Diesel Swift in a few days had the stock jumping. The fact that the Government intends to allow the New pension fund scheme to invest into markets could be the driver tomorrow.

Sensex closed up by 27 points at 14209.24. It was helped up by gains in Maruti (938.6,+3 percent), Infosys (2253.55,+2 percent), BHEL (2319.8,+2 percent), ITC (179.15,+2 percent) and Tata Motors (964.4,+2 percent). Restricting the gains were Satyam (472.35,-3 percent), Ranbaxy (404.3,-2 percent), Rel Energy (505.85,-2 percent), L & T (1551.25,-1 percent) and Guj Ambuja (146.75,-1 percent).

FIIs continue to be conspicuous by their absense. With valuations at what they are, FIIs are not to blame. The interest rate scenario is unlikely to be conducive. Inflation is heading higher and expectation is that RBI will increase rates January 31st when it makes its statement.

Banking stocks were in focus post the inflation data and banks raising deposit rates.. SBI hiked interest rates on one-year deposits to 8.25%, an increase of 75 basis points over its previous rate of 7.5%. The hike comes as an effort on the part of the bank to mobilize deposits to meet the expected surge in credit. As a matter of fact, the credit growth has maintained its momentum on the back of strong demand for loans for housing and automobiles from the retail segment and working capital from the corporate segment. Banks are thus facing pressure on their NIMs (net interest margins) on the back of increasing cost of funds, are looking at raising low-cost deposits. SBI ended up by (0.14%) and others were marginally down.

Media sector traded mixed as Zee Telefilms posted a 185.6% surge in consolidated net profit of Rs 95.81 Cr for the quarter ended December 31, 2006 (Q3FY07) where as the same was at Rs 33.55 Cr for Q3FY06. According to an official release issued by the company total income for Q3FY07 increased 7.5% to Rs 433.16 Cr whereas it was at Rs 403.05 Cr for Q3FY06. The previous figures include the results of the now demerged Wire & Wireless (India) & Direct Consumer Business, hence are not comparable. Stock ended up by (2.3%) and other players ended marginally up as well.

Technically Speaking: It was a choppy session for the whole day before closing. Sensex touched intraday high of 14259 and low of 14111. Market turnover stood low at Rs 3481 Cr. However, the breadth had been marginally in the favor of Advances as there were 1381 advances against 1283 Declines The Resistance level was at 14272 -14339 while Support at 14124 -14044 levels.

Sensex holds ground


The market witnessed volatility throughout the day, exhibiting strong optimism in the afternoon and ending with gains of 27 points. The Sensex began the trading session with a positive gap of 35 points, but eased on sustained selling to touch an intra-day low at 14112. Encouraging quarterly numbers of several companies triggered a rally and lifted the Sensex to the day's high of 14259. The Sensex finally ended the trading session with gains of 27 points at 14209. The Nifty advanced 12 points to close at 4102. The breadth of the market was positive. Of the 2,710 stocks traded on the BSE, 1,361 stocks advanced, 1,294 stocks declined and 55 stocks ended unchanged.

Among the prominent index gainers Maruti Udyog surged 3.05% at Rs939, Infosys soared 2.28% at Rs2,254, BHEL jumped 2.23% at Rs2,320, ITC added 2.11% at Rs179, Tata Motors advanced 1.51% at Rs964 and Bajaj Auto gained 1.14% at Rs2,761. However Satyam Computers shed 3.19% at Rs472, Ranbaxy tumbled 2.45% at Rs404, Reliance Energy was down 1.68% at Rs506 and L&T closed weaker by 1.20% at Rs1,551.

The BSE FMCG index was the major gainer among the sectoral indices and added 1.32% followed by the BSE CD index, which gained 0.94%. The BSE Auto index, the BSE HC index, the BSE PSU index, the BSE Teck index and the BSE IT index notched up marginal gains. However the BSE Bankex and the BSE Oil & Gas index closed in negative territory.

Among the FMCG stocks United Sprits gained 3.37% at Rs827, United Breweries added 2.31% at Rs208 and ITC advanced 2.11% at Rs179. Britannia Industries, HLL, Tata Tea and Nestle ended with marginal gains.

Over 32.95 lakh Crompton Greaves shares changed hands on the BSE followed by Ispat Industries (32.46 lakh shares), Cairn India (29.38 lakh shares) and Dena Bank (19.70 lakh shares).

Value-wise Satyam Computers clocked a turnover of Rs81.84 crore on the BSE followed by Maruti Udyog (Rs81.16 crore), Reliance Industries (Rs70.66 crore) and Crompton Greaves (Rs67.82 crore).

Top indices cling to gains amid volatility


The market made some headway amid a mixed trend in pivotals. Volatility reared its head in the run up to the expiry of January 2007 derivatives contracts on the forthcoming Thursday (25 January 2007).

Firm global bourses offered support to domestic ones. The 30-share BSE Sensex advanced 26.53 points (0.19%), to 14,209.24, while the S&P CNX Nifty gained 12.30 points (0.3%), to settle at 4,102.45.

After an initial 76.36 points surge, to 14,259.07, the Sensex soon lost steam. The weakness accentuated by early-afternoon, when the BSE benchmark index lost as many as 70.96 points, to 14,111.75, at 12:22 IST.

The market-breadth was positive. Against 1,381 shares rising on BSE, 1,283 declined. Just 52 shares were unchanged. Gainers outpaced losers by a ratio of 1.07:1. The breadth weakened in the latter part of trading. It was stronger in mid-morning trade, at 1.5:1.

The BSE clocked a turnover of Rs 3681 crore, lower than Friday’s Rs 4145 crore.

The Q3 results announced so far have been strong. Results from IT, cement firms and pharma pivotals, Ranbaxy and Dr Reddy’s Lab, were robust. The activity on the bourses will be stock-specific till the end of the results season.

Rising inflation has fuelled speculation of an interest rate increase by the Reserve Bank of India (RBI) at its monetary policy review meeting on 31 January 2007. The wholesale price index rose 6.12% in the 12 months to 6 January. It was the highest inflation rate since 25 December 2004.

In today’s trade, Maruti Udyog edged up amid post-results' volatility. The stock rose nearly 3% to Rs 938, after dipping to a low of Rs 893.90, by 13:12 IST, soon after Q3 results hit the market. A strong 3.5 lakh shares changed hands in the counter on BSE. MUL reported 11% growth in net profit in December 2006 quarter, to Rs 376.40 crore (Rs 339.10 crore).

The company's profit-before-tax in December 2006 quarter, was arrived at after deducting losses of the erstwhile wholly-owned subsidiary, Maruti Suzuki Automobiles India (MSAIL), for April - December 2006 period, amounting to Rs 54.61. MSAIL was merged into MUL.

Other auto shares, too, recovered taking cue from the upmove in MUL. Bajaj Auto rose 2% to Rs 2785, and Tata Motors gained 1.9% to Rs 968.80. Tata Motors said on Sunday it had initiated construction of the small car project at Singur, West Bengal.

Bhel gained 2.3% to Rs 2322, amid expectations of strong-December 2006 quarter results. The company unveils numbers on 25 January 2007.

Software bellwether Infosys rose 2% to Rs 2248.50, and IT major TCS advanced1.1% to Rs 1312.

Cigarette major ITC rose 2.5% to Rs 180.

Reliance Industries (RIL) lost 0.5% to Rs 1372.35. RIL on Monday said it had no plans to either agree a strategic partner for developing its Krishna Godavari basin deepwater block, or hive off the block into a separate company. A newspaper had reported that RIL may spin off its oil and gas fields off the east coast into a separate unit, and offer a strategic stake to a foreign partner such as Chevron Corporation.

Satyam Computer shed 3% to Rs 473. At the time of announcing Q3 results on Friday, Satyam cut FY 2007 revenue guidance. It slightly raised upward the FY 2007 EPS guidance, to Rs 20.90, from an earlier guidance of Rs 20.73 - 20.81.

Bharti Airtel (BAL) lost 1% to Rs 675.25 in volatile trade. The company is seen reporting a surge in net profit in December 2006 quarter on the back of strong growth in subscriptions. Four brokerages expect 87.6 - 99.2% growth in BAL’s consolidated net profit as per US GAAP, between Rs 1022.80 crore and Rs 1086.30 crore, from Rs 545.30 core in Q3 December 2005. All four expect 59.5 - 66.1% growth in BAL’s consolidated US GAAP revenue, between Rs 4824.60 crore and Rs 5026.60 crore, from Rs 3025.60 crore in Q3 December 2005. Bharti unveils December 2006 quarter results tomorrow.

Ranbaxy Laboratories lost 1.6% to Rs 407.50. At the time of announcing Q3 results last Thursday, Ranbaxy had forecast 15% topline growth and 16% EBIDTA margins for the year-2007 on a consolidated basis.

ICICI Bank lost 1% to Rs 975, despite stronger-than-expected Q3 results on Saturday. ICICI Bank reported 42% surge in net profit in the December 2006 quarter, to Rs 910 crore (Rs 640 crore). Its net interest income (NII) rose 32% to Rs 1709 crore, from Rs 1296 crore in Q3 December 2005.

Cadila Healthcare rose 3% to Rs 360. It reported 22% growth in net profit in December 2006 quarter, to Rs 52.50 crore (Rs 42.90 crore).

JSW Steel lost nearly 1% to Rs 419. The company reported a surge in profit-after-tax in December 2006 quarter, to Rs 362.15 crore, from Rs 139.20 crore in December 2005 quarter.

Zee Entertainment Enterprises was up 2% to Rs 301. The company posted a surge in net profit in December 2006 quarter, to Rs 95.80 crore (Rs 33.60 crore). Total income went up to Rs 417.70 crore, from Rs 377.70 crore.

India Cements dropped 2.3% to Rs 242. The company posted a surge in net profit in December 2006 quarter, to Rs 79.78 crore (Rs 7.22 crore).

Orchid Chemicals gained 4% to Rs 216.60, after the company said its betalactam bulk drug making unit in Maharashtra had received UK regulatory approval. The approval for this plant, from UK's Medicines and Healthcare products Regulatory Agency, will help Orchid market its betalactam product, Piperacillin-Tazobactam in the European market..

ING Vysya Bank rose 15.2% to Rs 196.80, as its net profit rose 195% in the December 2006 quarter to Rs 14.33 crore.

Nagarjuna Fertilizers & Chemicals fell 10.5% to Rs 15.48, after its December 2006 quarter net profit fell 53%

Jewellery maker Flawless Diamond rose to its daily maximum limit of 5% to Rs 87.20, after its October-December net profit more than doubled to Rs 2.86 crore.

Power cables maker Torrent Cables was up by its maximum daily limit of 20% to Rs 157.90 after it reported 65% surge in net profit in December 2006 quarter, to Rs 7.02 crore.

Jet Airways rose 7% to Rs 774.20, after the largest domestic carrier began earning profits from the third quarter ended Dec 2006 after two successive loss making quarters. Jet Air posted a net profit of Rs 40.04 crore in December 2006 quarter, a fall of 34% on y-o-y basis.

European markets were in the green in early trade today. Key benchmark indices in London and France were up 0.1 - 0.4%. Asian stocks edged higher on Monday, following a recovery in oil and metal prices. Key benchmark indices in Hong Kong, Japan, South Korea, Singapore and Taiwan were up between 0.03 - 2.3%.

FIIs have resumed buying after their heavy outflows earlier this month. Their net inflow was Rs 111.90 crore on Thursday (18 January). FIIs were net buyers in five out of six trading sessions, from 11 January to 18 January. As per provisional data, FIIs were net buyers to the tune of Rs 125 crore on Friday (19 January).

FIIs were net sellers to the tune of Rs 553 crore in index-based futures on 19 January. They were net sellers to the tune of Rs 91 crore in individual stock futures that day.

Edelweiss - Daily Market Outlook 22nd Jan, 2007


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