Canara Bank, one of the major South Indian banks,   announced good results this quarter beating the analyst expectations.  Canara Bank reported an increase of 15% in interest income and 70% growth in Net Profit. Net Interest income: 1314 crore Vs 1149 crore (15% up) Net Profit: 910 crore Vs 529 crore...

Polaris Software announced disappointing results with a Net Profit of Rs 35.19 Cr, which means a 2.23% QoQ growth. But the Sales have gone down to Rs 338.30 Cr against Rs 351 Cr. last quarter. Prakash Industries announced 40% growth in its net profits which stood at Rs. 67.80 Cr for the quarter. But...

Tata Consultancy Services announced good results that beat market expectations. TCS announced Rs 2 intermediate dividend.  TCS posted a growth of 5.3% in its top line in Rupee terms. Sales: Rs.5744.40 Cr vs Rs.5699.96 (1% up) Net Profits: Rs.1642 Cr vs Rs.1173.04 Cr (29% up) OPM: 29.11% vs 28.09% (4%...

Hitachi Home & Life Solutions announced very good results with its bottom line showing a smart 77% growth. Sales also rose by 35%. Sales: Rs.131.06 Cr vs Rs.97.27 Cr (35% up) Net Profits: Rs.8.75 Cr vs Rs.4.94 (77% up) OPM: 8.41 % vs 7.85% (7% up) Balaji Telefilms announced disappointing results...

Source: http://www.moneycontrol.com “The dollar weakness will also be positive for India“, says Tushar Pradhan, CIO, HSBC AMC. Tushar is cautious on markets despite liquidity remaining robust. Speaking on earnings, Pradhan sees better earnings in H2 FY10. Here is a verbatim transcript...

Parekh Aluminex is the largest player in aluminium foil and related products in India. The products find use in the lifestyle segment and are bound to see more usage in coming years.  We recommend investors to buy in small quantity now, and keep adding over a period of time. It has potentialto give...