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The company delivered good set of numbers - overall topline grew 24%YoY to Rs3.4bn where in the advertisement growth was at 29%YoY to Rs2.6bn. However excluding onetime net election billing of Rs70mn in Q3FY10, the ad revenue grew by 33% YoY. Circulation revenue grew 1.5%QoQ to Rs540mn in Q3FY11.

Festive season manifests in Q3FY11

Strong OPM despite rising business investments in new markets

Enhanced Profitability and high return ratios

OUTLOOK AND VALUATIONS

Chana dropped Rs 54 and settled at Rs 2668 per quintal on profit-taking, though a rise in pigeon pe

Pepper February delivery dropped Rs 381 and settled at Rs 22555/quintal weighed by rising arriva

Disappointment continues; Factored in price

Despite 26% YoY growth in consolidated revenue to Rs7.5bn, Usha Martin's operating profit declined by 10% YoY to Rs1.2bn with OPM contracting 620bps to 15.8% due to breakdown of a 30MW CPP impacting power supply and disruptions in captive coal movement. Net profit plunged 62% YoY to Rs131mn on higher interest, depreciation expenses on increased capacity.

Guar yesterday we have seen that market has moved -0.93 on profit-taking, though goo

Nickel Tueaday traded with the negative node and settled -0.54% down at 1184.3