Strong commissioning trend helps Power Grid Corp
The company's results for the quarter to March 2012 exceeded Street expectations, primarily due to higher asset commissioning.
Jwalit Vyas
Page Industries’s outlook remains positive
Page Industries posted a strong performance for the March 2012 quarter. Despite weak macro economic environment the co was able to improve its margins.
Coal India: High wage bills cast a shadow on coal major's numbers
The company's production and off-take have improved, indicating a ramp up in production and higher availability of rail rakes.
Mundra, Maithon projects to be key drivers for Tata Power
Tata Power reported a loss in the quarter to March primarily due to losses in its Mundra and Maithon projects.
Reliance Power's stock rise by 3.5% on good performance
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.
Wockhardt’s earnings are likely to continue growing at 25%
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 witnesses decline in same-store sale growth in quarter to March
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.
Pantaloon Retail: Stake sale to ease debt woes, cheer investors
The deal envisages Aditya Birla Nuvo investing Rs 800 crore through convertible debentures in Pantaloon Retail which will be demerged.
Presidential decree to CIL on fuel deal may be a blessing in disguise
The Presidential directive to Coal India to ensure long-term fuel supply to power companies may in fact work in favour of the company.
Tamil Nadu tariff hike lights up PTC India prospects
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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