Tata Consultancy Services (TCS)  reported a 6.3% QoQ growth in sales and a 7.9% QoQ decline in net profits in its Q1 FY 2011-2012 (1QFY12) results. Performance at a Glance Net sales grew by 6.3% QoQ in 1QFY12, largely driven by 7.5% growth in volumes.  Operating margins declined by 2.4% QoQ due to...

Infosys, the second biggest IT services company in India, has reported a 3.2% Q-o-Q growth in its sales but a decline of 5.3% Q-o-Q in its net profit in Q1 FY2011-12 results. Here is our analysis of the results. Q1 FY 2011-2012 Results Analysis Sales grew by 3.2% QoQ during 1QFY12. Operating margins...

Mr Aditya Puri, the CEO of HDFC Bank, one of India’s most profitable and respected financial institutions, beleaves that the Indian growth story will push the stock markets higher and a Sensex of well over 30,000 not far away. He argues that even with our existing economic and social problems,...

The following stocks have been suggested for mid term investment by Broking house Anand Rathi Financial Services. PTC India Ltd Recommendation: Buy Market Price: Rs 89 Target Price: Rs 130 Power trading major PTC has a market share of 46% with a diversified portfolio. The business mix consists of short-term...

The following stocks have been suggested for mid term investment by Broking house Sharekhan. Bank of Baroda Recommendation: Buy Market Price: Rs 890 Target Price: Rs 998 It remains among the top performing public sector banks. Robust advances growth, increasing net interest margin, strong growth in...

Check out the top stock picks of the day for trading  recommended by Shrikant Shetty, Head- Equity Advisory, Unicon Securities. Godrej Ind Recommendation: Buy Last Close: Rs 189.40 Target: Rs 220 Stop Loss: Rs 180 Godrej Ind closed with a bullish hammer and has been trading above the medium-term moving...

Oil & Natural Gas Corporation (ONGC) is the largest Indian oil & gas enterprise and the most valuable PSU by market cap ( controlling ~60% of market share in its industry). The company is also present overseas via its wholly owned subsidiary ONGC Videsh (OVL), which is currently operating in...

ITC is the market leader in the Indian tobacco space, as its foray into FMCG, particularly foods and cigarettes. The company has been able to build strong positions in completely new businesses such as soaps, packaged staples and snacks over the past few years. This adds another strong leg to the medium-term...

KC Securities recommends CRISIL for long term investment as a value stock Strong financial performance in CY 2010 by registering 17% growth in revenue with operating margin of 30.8% and PAT (profit after tax) growth of 28% which was partly helped by planned divestment of properties and sale of investments. Maintained...

Power Finance Corporation (PFC) declared its financial year 2011 results. The institution reported a 27% YoY and 11% YoY growth in interest income and net profits respectively. Here is our analysis of the results. Performance summary Net interest income rises by 24% YoY during FY11 on the back of 25%...