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

Pages

News in Focus

Godrej Agrovet Share Price Target at Rs 675: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a Buy rating on Godrej Agrovet, holding its target price at Rs 675, implying 24% upside from the current market price of Rs 545.

Biocon Share Price Target at Rs 520: Motilal Oswal

Motilal Oswal reiterated a "Buy" rating for Biocon with a price target of Rs520. The target has been revised but positive view on the stock remains intact.

Life Insurance Corporation Share Price Target at Rs 480: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a Buy rating on Life Insurance Corporation, raising its target price to Rs 480, implying 24% upside from the current market price of Rs 388.

Devyani International Share Price Target at Rs 160: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a Buy rating on Devyani International, holding its target price at Rs 160, implying 35% upside from the current market price of Rs 118.

Eicher Motors Share Price Target at Rs 9,500: ICICI Securities

ICICI Securities has upgraded Eicher Motors to Buy from Hold, raising its target price to Rs 9,500 from Rs 7,400, implying 22% upside from the current market price of Rs 7,779.

Where Is the iPhone Cheapest in the World? The Global Price Rankings Revealed

The scale of the iPhone's reach is difficult to overstate. Apple now has more than 2.5 billion active devices in use worldwide, with well over 1.5 billion of those being iPhones specifically.