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Chart Of The Day: INFY Result Impact

The Infosys stock is down 3.5% to 2,500 as we speak, and it’s a result day tomorrow. Result days are big for the INFY stock; the chart of the day shows the ...

TTK Prestige Grows EPS 55% in Sep 2011

TTK Prestige threw in a fantastic set of results today, with 55% EPS growth, and 51% revenue growth, year on year. The stock closed up 7% at 2818. The chart ...

Sintex Drops EPS 61% on FCCB Losses

Sintex announced results post market hours, at 3:45 pm today. While revenues are up 25% to 1154 cr., the net profit has dropped 61% to just 38 cr. from 101 cr. ...

Moody’s downgrades SBI

Markets are down 1.5% in a sudden move after Moody’s downgraded SBI, India’s largest bank. The Rating goes to D+ from C-. "Moody’s Investors ...

4% Down: Worst Day In Two Years

We’ve had a 4% down day on the NSE, with a graph that started ugly and looks uglier: This is the biggest one day fall in two years – since 17 Aug 2009. The ...

Jyoti Structures Warrants Will Go Unexercised

An after-note on a post I wrote long back on Jyoti Structures NCDs and Warrants (March 2011). Today’s the last date of the first period of exercise (if you ...

Nifty Lowest In 18 Months, Critical

The Nifty closes at the lowest point in 18 months, at under 4750. The last time we were this low was in Feb 2010, and even that was a single day. We were only ...

PIRHEALTH to buy 5.5% in Vodafone

The company that sold a half of itself to Abbott Labs and gathered a neat sum of about 11,000 cr., is using about 3,000 of it to buy a stake in Vodafone. ...

Markets Have Crashed: Why?

Out of the blue, the US market fell 500 points (Dow) yesterday. This has triggered a panic worldwide: the Nifty and Sensex are down 2.5% as we speak. Honestly, ...

RCOM – The Depreciation change

One of the points I wrote in an earlier post (RCOM Shows You What’s Wrong With Corporate India: Veritas) was that RCOM had changed depreciation for ...