The company's results for the quarter to March 2012 exceeded Street expectations, primarily due to higher asset commissioning.
Page Industries posted a strong performance for the March 2012 quarter. Despite weak macro economic environment the co was able to improve its margins.
The company's production and off-take have improved, indicating a ramp up in production and higher availability of rail rakes.
Tata Power reported a loss in the quarter to March primarily due to losses in its Mundra and Maithon projects.
Analyst community believes that the valuation at which the company’s stock is currently trading is not justified as the past performance of the company may not hold true in future.
Investors of Wockhardt Pharmaceutical should not fret much about the reported loss in the quarter to March given the fundamentals of the company.
Jubilant Foodworks, India’s second largest food service chain after McDonald’s, witnessed a decline in same-store sale growth (SSG) in the quarter to March.
The deal envisages Aditya Birla Nuvo investing Rs 800 crore through convertible debentures in Pantaloon Retail which will be demerged.
The Presidential directive to Coal India to ensure long-term fuel supply to power companies may in fact work in favour of the company.
PTC India will benefit from the 37% increase in power tariffs in Tamil Nadu. It will also allow it to start working with the Tamil Nadu State Electricity Board.
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