Weak Q1 Result Turns Cipla Down

Cipla dippedCipla 4.4% to Rs 192 after declaring a 30% fall in net earnings for the first quarter ended June 30, 2007.

The stock hit an intraday low of Rs 191.70 and an intraday high of Rs 199.85 during the day.

The scrip turned down on high volume of 21.1 lakh shares on the BSE counter.

The company recorded a 30% fall in its net profit to Rs 120 crore in Q1 June 2007 as against in the corresponding period (Q1 June 2006) of the last year.

Ansari Files Papers For Vice Presidential Elections

New Delhi: Mohammad Hamid AnsariUPA-left applicant Hamid Ansari has filed his papers

Adequate Q1 Performance Encourages UBI Stock Value

Union Bank Of IndiaUnion Bank of India advanced 4% to Rs 155.15 in afternoon trading after declaring a 35% increase in net profit in Q1 June 2007. The results were declared during trading hours today, 23 July 2007.

In BSE’s ‘A’ group shares, it was placed on the ninth position.

Peres Congratulates Pratibha On Her Victory

Pratibha PatilJerusalem: Israel’s recently appointed President Shimon Peres has complimented freshly elected Indian President Pratibha Patil on her victory.

Peres also stated his country’s desire to fortify bilateral ties with New Delhi.

Peres phoned Ms. Patil last afternoon to congratulate her on becoming the first woman Indian President.

July Print Edition Preview : Fourth Edition for July

This July, as the Indian Stock Markets witness high voumes and higher
Price to Earnings Ratio, our team finds the best picks for you. BSE

India Gets First Female President

New Delhi: Pratibha PatilUPA-Left candidate Pratibha Patil won the presidential election

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News in Focus

Japan Takes a Firm Stand Against Online Gambling With Sweeping Legal Reforms

In a landmark move to curb the rising tide of unauthorized online gambling, Japan has passed significant amendments to its Basic Act on Measures against Gambling and Other Addiction.

iGaming and Sports Betting Major Altenar Becomes Title Sponsor of Gran Fondo Isle of Man

In a strategic move that underscores its commitment to community sports and endurance culture, Altenar, a prominent global provider of sports betting and iGaming solutions, has stepped up as the ti

Spanish Casino Major Cirsa Charts Course for IPO on Spanish Bourses to Raise €460 Million

In a bold move that signals its growing ambitions, Spanish gambling giant Cirsa has unveiled plans to go public through a multi-exchange Initial Public Offering (IPO) in Spain.

Wazdan Amplifies European Gaming Presence Through Strategic VivaBet Online Casino Partnership in Romania

In a significant stride for European gaming expansion, Wazdan—an acclaimed iGaming content developer—has partnered with Romanian operator VivaBet to deepen its market penetration in Eastern Europe.

Bharat Electronics (BEL) Share Price Target at Rs 445: Sharekhan Research

Mirae Asset Sharekhan has reiterated its BUY call on Bharat Electronics Ltd (BEL), projecting robust growth on the back of a strong order pipeline, sector tailwinds, and government initiatives aime

Axis Bank Share Price Target at Rs 1,400: Emkay Research

Emkay Research has reiterated its BUY recommendation on Axis Bank, setting a 12-month target price of Rs 1,400, which represents a potential upside of 15.2% from the current market price of Rs 1,21