Company Results

Ashwani Gujral Sets High Target For Ambuja Cement

Ambuja CementTechnical Analyst, Ashwani Gujral is of the vision that Ambuja Cement has target of Rs 155.

Gujral said, “Ambuja Cement at this point probably looks a little better although large cap cement is not showing the kind of moves that mid cap cement is showing. For Ambuja Cement Rs 130 seems to be a good support, and Rs 155 can be a good target. But large caps don’t seem like they are going to make new highs, they seem to get stuck and some bad news tends to come whenever they retest their previous highs.”

GMR Infrastructure Can Surely Test Rs 1000 – Ashwani Gujral

GMR GroupTechnical Analyst, Ashwani Gujral is of the vision that GMR Infrastructure can surely test Rs 1000.

Gujral told, “GMR Infrastructure is going through its normal correction and now it’s beginning to move up. If it can stay above Rs 850 sort of region, we could go back to Rs 1,000 probably further in case the market also turns.”

Orbit Corporation has next target of Rs 450: Ashwani Gujral

Orbit CorporationTechnical Analyst, Ashwani Gujral has suggested a secure level for Orbit Corporation at Rs 450.

He is fully confident that the stock will touch this level in near future. So he has suggested the investors to hold up the stock to make a good profit. It is also important to watch every moment of the stock. Don’t worry, if the stock goes below its existing level.

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

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.