The earnings season for Q2 FY2009-2010 has almost come to an end and its time to review the final numbers. Sensex PAT is up about 5.7%, and on QoQ basis, it is up 1% which is not bad either. So on that EPS currently stands for Sensex at about Rs 770 per share and a Price to Earnings ration of about 20.7...

Company Results Update Q2 2009-2010: PTC India (a  Public Sector Power trading company) announced average results in this quarter mainly due to higher tax payout. Company sold more than 80 crore  units of Power  this quarter. Despite average results, this power trading company is still a good conservative...

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...

Stock Market Updates SEBI approved a proposal from Stock Exchanges to increase the trading hours. Stock Exchanges can function from 9:00 AM to 5:00 PM (currently tradinging from 9:55 AM to 3:30 PM). Both Bombay Stock Exchange and National Stock Exchange will soon make announcements on implementation...

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...