Search Now

Recommendations

Tuesday, July 31, 2007

Result Updates - July 31 2007


BHEL: Misses expectations led by sharp yoy margins decline

Indian Oil Corporation: Good 1QFY08 results despite nil oil bonds; Retain IL

Mahindra & Mahindra: 1QFY08 net profit declines 6% yoy

Sun TV: Strong 1QFY08 results; fine-tuned estimates; Retain U on rich valuations

Jindal Steel & Power: Volumes drive earnings; maintain OP

Asian Paints: Robust growth in domestic as well as international operations, retain In Line

Great Eastern Shipping Company: Strong operating performance; raise target price, maintain In-line rating

Maharashtra Seamless: 1QFY08 results: Feeling the rupee brunt; maintain rating, raise TP

Andhra Bank: NII disappoints, lower provisions and higher non-interest income drive profits

Kalpataru Power Transmission: 1QFY08 result update: Inline with estimates; maintain rating, raise TP

Educomp Solutions: Better-than-expected results; raise target to Rs2,650

Nagarjuna Construction: Strong operating margin expansion possibly led by shift of execution towards more profitable segments helps meet expectations

Motherson Sumi Systems: 1QFY08 net profit declines 11% yoy

Monnet Ispat: 1QFY08 results: Strong growth in revenue and earnings; maintain OP, raise TP

Jyoti Structures: 1QFY08 result update: Inline with estimates; raise TP

Updates

Bank of Baroda: Solid operational performance

Result Updates - July 31 2007