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Tuesday, June 28, 2011

Annual Report - HDFC Bank - 2010-2011


HDFC BANK LIMITED

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

TO
THE MEMBERS,

Your Directors have great pleasure in presenting the Seventeenth Annual
Report on the business and operations of your Bank together with the
audited accounts for the year ended March 31, 2011.

Annual Report - ICICI Bank - 2010-2011


ICICI BANK LIMITED

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

Your Directors have pleasure in presenting the Seventeenth Annual Report of
ICICI Bank Limited with the audited statement of accounts for the year
ended March 31, 2011.


Annual Report - TTK Prestige - 2010-2011


TTK PRESTIGE LIMITED

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

Your Directors have pleasure in presenting their Fifty Fifth Annual Report,
together with the Audited Accounts of the Company, for the year ended
31st March 2011 as follows:

FINANCIAL RESULTS
(Rs. in lakhs)

2010-11 2009-10

Sales (inclusive of excise duty) 77558 51680

Other income 430 114

Profit before Extra-Ordinary item 12094 7143

Extra-Ordinary/exceptional income (59) 397

Profit/(Loss) before tax 12035 7540

Tax Provision 3660 2297

Net Profit/(Loss) 8375 5244

Transfer to General Reserve 838 524

Proposed Dividend (including tax) 1645 1320

Surplus carried to balance sheet 9292 3400

Shriram Transport Finance


Shriram Transport Finance

Glenmark Pharma


Glenmark Pharma

FMCG


FMCG

India Strategy - June 28 2011


India Strategy - June 28 2011

Sensex up for 4th day…Nifty above 50, 100DMA


Sensex ended at 18,492 adding 80 points. NSE Nifty closed at 5,545 adding 19 points.

The Indian stock indices eked out modest gains on Tuesday, rising for a fourth consecutive trading session. The BSE Sensex closed within shouting distance of 18,500 and the NSE Nifty ended near 5,550.


Firm cues from the international equity markets coupled with encouraging FII inflows in the past few days enabled the benchmark indices to end in the positive terrain.


BSE Bulk Deals to Watch - June 28 2011


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
28/6/2011 533412 AANJANEYA CROSSEAS CAPITAL SERVICES PRIVATE LIMITED B 103429 383.74
28/6/2011 533412 AANJANEYA A K G SECURITIES AND CONSULTANCY LTD B 67075 382.77
28/6/2011 533412 AANJANEYA BMD EXPORTS PRIVATE LIMITED B 87199 378.43

NSE Bulk Deals to Watch - June 28 2011


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
28-JUN-2011,AANJANEYA,Aanjaneya Lifecare Ltd,BMD EXPORTS PRIVATE LIMITED,BUY,61198,379.39,-
28-JUN-2011,AANJANEYA,Aanjaneya Lifecare Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,103087,382.94,-
28-JUN-2011,ABGSHIP,ABG Shipyard Limited,JAROLI VINCOM PVT LTD,BUY,250000,362.04,-
28-JUN-2011,ABGSHIP,ABG Shipyard Limited,PARWATI CAPITAL MARKET PRIVATE LIMITED,BUY,328564,360.05,-

Volatile day ends in green


After three consecutive sessions of garnering 1-3% gains, the markets witnessed an extremely volatile trade today. The Sensex closed higher by 80 points and the Nifty up 19 points

Major headlines

Cairn India slips after Vedanta deal value revised down

Tyre companies strengthen on fall in rubber prices

ABG Shipyard inks Rs970 crore deal with Indian Navy


Market scales 3-week high; Sensex vaults 5.3% in 4 days


Key benchmark indices advanced for the fourth straight day to attain 3-week closing highs as the latest data showed that foreign institutional investors (FIIs) had stepped up buying of Indian stocks. The BSE Sensex rose 80.04 points or 0.43%, up close to 170 points from the day's low and off close to 35 points from the day's high. The market breadth was positive, having swung between positive and negative zone earlier in the day. The BSE Mid-Cap and Small-Cap indices outperformed the Sensex.

Auto stocks rose for the second straight day as the recent hike in diesel price of Rs 3 per litre was lower than market expectations of a hike of Rs 4 per litre. Capital goods, pharma and consumer durables stocks also gained. Index heavyweight Reliance Industries (RIL) edged lower in volatile trade.

Daily News Roundup - June 28 2011


Hindustan Construction Company bagged contract worth Rs18.43bn, in a joint venture with Alstom, from THDC India to construct Tehri Pumped Storage Plant in Tehri, Uttarakhand.(ET)

Glenmark Pharma USD613mn outlicensing deal with Sanofi has been approved by the US authorities and has also received an upfront payment of USD25mn from the French drug maker. (BS)

Cairn and Vedanta have announced major changes in the terms of their USD9.6bn deal, including the removal of the non-compete arrangements and associated fee, which may result in a 5.3% fall in post-tax proceeds.(ET)

Sensex pulls off hat-trick...Nifty closes above 5500


Just when one thought the Indian markets would see a gap-down opening, tracking overnight sell-off in the US and Asian markets, comes yet another strong pullback - third in a row. The benchmark Indian equity indices showed strong resilience and witnessed a smart rally throughout the day. Sustained buying was seen in index heavyweights like ONGC, L&T, Maruti, Axis Bank and M&M.

Banking stocks led from the front. Public sector oil companies' shares were in action, with stocks like ONGC, HPCL, IOC and BPCL gaining over 3% each. Today’s upswing was accompanied with commendable volumes, as the total market turnover crossed Rs. 1.7 lakh crores mark. Strong FII inflows in the past couple of sessions also influenced the rally today.

Some relief!


"The greatest weapon against stress is our ability to choose one thought over another." -William James.

The otherwise stressed market seems to be witnessing a relief of sorts. Investors thoughts shifted to some fall in crude oil and some hike in fuel prices for now, which led to a rally of sorts on Monday. Most of the three-day advance has been driven by short covering after the NSE Nifty breached 5400. But, the index is still trading below various crucial technical levels. Ride the current upswing cautiously keeping in mind that most of the headwinds have yet to be conquered.

Market may extend recent gains on firm Asian stocks


The market may extend recent gains on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 21 points at the opening bell. Foreign institutional investors (FIIs) bought shares worth Rs 1447.42 crore and domestic funds sold shares worth Rs 766.38 crore on Monday, 27 June 2011, as per provisional figures released by the stock exchanges.

The market may remain volatile in the near term as traders roll over positions in the derivatives segment from June 2011 series to July 2011 series. The near-month June 2011 derivatives contracts expire on Thursday, 30 June 2011.