Buzzing Stocks

Lakshmi Vilas Bank Q1 Net At Rs 15.09 Crore

Lakshmi Vilas BankMumbai: Lakshmi Vilas Bank stated that it has recorded a 20 per cent growth in net profit at Rs

Apollo To Establish Medical Unit At GMR's Hyd Airport

GMR Infrastructure LtdMumbai: GMR Infrastructure Ltd has chosen Apollo Hospitals for establishing a medical centre within the passenger terminal building at the new Hyderabad international airport at Shamshabad.

In a release, GMR Infrastructure stated that Apollo Hospitals will establish a medical centre that stretches over an area of more than 300 square meters in Level B of the passenger terminal building and first aid kiosks in the passenger restricted areas,.

Gati Declared 52.19% Jump in Earnings, offers Dividend

Gati logistics & courier serviceLeading logistics & courier service provider, Gati filed a fantastic jump of 52.19% in net earnings for the quarter ended June 30, 2007, paced by enhanced operating margin and solid other income.

The company saw an increase in net profit to Rs 72.90 million from Rs 47.90 million during the quarter as compared to the corresponding period of the last year.

IOB Dips In Spite Of Sturdy Q1 Outcome

Indian Overseas BankIndian Overseas Bank turned down 1.3% to Rs 125 regardless of recording a 20.92% increase in net profit in Q1 June 2007 The results were declared during market hours today, 27 July 2007.

Meanwhile, the BSE 30-share Sensex was down 448 points to 15,327 chasing weak global markets.

Nearly, 2.85 lakh shares of the scrip had changed hands on the bourses.

Colgate Palmolive Stock Jumps On FY Q1 Results

Colgate-Palmolive India was up 0.57% to Rs 380.25 on registering 68.82% growth in net profit in Q1 June 2007. The results were announced in the market hours today, 27 July 2007.

Hold Thermax: P-Sec

Broking houseThermax Ltd., P-Sec recommended hold rating on Thermax.

P-Sec report on Thermax:

Thermax reported a growth of 107% yoy and a bottom line growth of 103% yoy. The results bettered our expectations with a big margin, the EBITDA margins sank by 38 bps yoy. The management had given a rich guidance of 40% yoy growth for FY08 and have maintained there position of stable to better margins.

The current order book stands at Rs. 36.72bln (0up by 66%yoy) that is 1.42x net sales of FY07 offering visibility for future growth.

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