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Results that was declared during October 30th 2009 and November 1st 2009. > Eicher Motors has announced its QTR ending September 2009 -2010. The company’s consolidated net sales were at Rs 856 crore compared to Rs 491 crore. Its consolidated net profit was at Rs 27.4 crore compared to Rs 42.9 crore. > Gujarat Heavy Chemicals (GHCL) has announced its QTR ending September 2009 -2010. The company’s net profit was at Rs 20 crore compared to Rs 26.1 crore. Its net sales were at Rs 290... Read Full Story

The market for home loan is buzzing again. Both the leading players State Bank of India (SBI) and Housing Development Finance Corporation (HDFC) have seen a significant improvement in their loan approvals during the first half of this financial year 2009-10. While for SBI, approvals of home loans has reportedly increased by 25% to Rs 11,000 crore for the first half of the financial year, 2009-10 compared to the corresponding period last year, for HDFC, approvals have gone up 18% at Rs 28... Read Full Story

The market for home loans is buzzing again. Both the leading players State Bank of India (SBI) and Housing Development Finance Corporation (HDFC) have seen a significant improvement in their loan approvals during the first half of this financial year 2009-10. While for SBI, approvals of home loans has reportedly increased by 25% to Rs 11,000 crore for the first half of the financial year, 2009-10 compared to the corresponding period last year, for HDFC home loan , approvals have gone up 18... Read Full Story

LIC Housing Finance posted a 27 per cent rise in its net profit to Rs 171.25 crore for the quarter ended September 30 as compared to Rs 135 crore in the year-ago quarter. The growth was helped by an Rs 41.69 crore write-back on provisions. The firm sanctioned Rs 5,365 crore and disbursed Rs 3,757 crore of loans , posting a growth of 82 per cent and 75 per cent, respectively. In the individual loan segment, the sanctions grew 107 per cent on a year-on-year basis to Rs 4,427 crore, while... Read Full Story

LIC Housing Finance, which outperformed the benchmark Sensex and bigger rival Housing Development Finance Corporation ( HDFC ) last year, may still be a good investment bet at dips, after it fortified its financials with a recent Rs 658-crore share sale to institutional investors and signs of revival in housing demand. India’s second-largest, but less fancied mortgage player, might have run ahead of financials in the past few weeks before the fund raising, to trade near its life-time high... Read Full Story

Engineering and construction major Larsen and Toubro (L&T;) has bagged orders worth Rs.1,513 crore during the second quarter this fiscal, the company said Tuesday. Buildings and Factories Operating Co, part of L&T;'s construction division, has secured a Rs.621-crore contract from DB Hospitality Ltd for building a high-rise tower, India Tower, at Charni road, Mumbai. L&T; has also bagged a Rs.238-crore contract from the ITC group for developing its ITC Sonar Hotel in Kolkata. Another... Read Full Story

Our fellow investor, an investor by profession, Mr. Ramesh Hariharan, Director, Leadcap Ventures (Leading Market Research organisation) asked me few days back to opine on Praj Industries. I had posted a note and research report on Praj earlier on this blog. I would have simply redirected all of you to earlier posts if I would not have something new and interesting about Praj this time around. Here is something that could prove a precious piece of input for your decision making. Before... Read Full Story

HCL Technologies net profit rose 18.50 Percent to Rs 300.75 crore in Qtr ending September 2009 for the financial year 2009-2010 compated to Rs 253.79 crore in qtr ending September 2008. Sales rose 6.08 Percent to Rs 1247.32 crore in Qtr ending September 2009 for the financial year 2009-2010 compated to Rs 1175.80 crore in qtr ending September 2008. HCL Technologies Results – Announces Qtr Ending September 2009-2010 results is a post from: First Blog for Indian Financial Market Read Full Story

Posted by salabha 47 minutes ago ( http://ratevin.com ) View profile Category : Business | Tags : sbi bank sbi stock sbi net rides on in The country’s largest lender, State Bank of India (SBI), has a basic problem with its core operations. During the June quarter, while the growth in the interest on the loans it has made, compared with the year-ago quarter, was Rs2,343 crore... Read Full Story

Housing financer LIC Housing Finance is planning to build homes for senior citizens in Jaipur and Bhubaneswar, said a top company official here Friday. “We have acquired seven acres of land in Jaipur and are waiting for permission to begin construction," said company chief executive R.R. Nair. "The project, Care Homes, will be for those whose children are abroad. We already have one Care Homes complex in Bangalore,” Nair told reporters after inaugurating a property fair here. A... Read Full Story