Sterlite set up power plant Tuticorin Bharti acquires 70% stake RIL raises Rs 34.65 bn Bharati Shipyard hit upper circuit

Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but does not warrant or guarantee their accuracy or date.
Our site takes no responsibility for any investment decisions based on recommendations provided on website.

Jaiprakash Power Q3 net declines 61.68%
Jaiprakash Power Ventures, a subsidiary company of Jaiprakash Associates, today disclosed a fall in its profit for the quarter ended Dec. 2009.
It has posted a net profit of Rs 168.60 million for the quarter ended Dec. 31, 2009 as compared to Rs 440 million for the quarter ended Dec. 31, 2008, regsitering a decline of 61.68 %.
Total Income has increased 92.39% from Rs 618.70 million for the quarter ended Dec.31, 2008 to Rs 1,190.30 million for this quarter.
It posted earnings of Rs 0.34 a share during this quarter.

Bajaj Auto Q3 net zooms 2.89 times
Bajaj Auto announced a phenomenal rise in standalone net profit for the quarter ended December 2009.
During the quarter, the profit of the company stood at Rs 4,751.40 million as against Rs 1,642.70 million in the same quarter previous year, a growth of 2.89 times.
Its net sales rose 56.70% to Rs 32,955.50 million from Rs 21,031 million as agianst the same period last year.
It posted earnings of Rs 32.80 a share during the quarter, registering 2.87 times growth over previous year period.

Bajaj Auto Finance Q3 net jumps over two-fold to Rs 27 cr
Bajaj Auto Finance today said its net profit jumped over two-fold to Rs 27.32 crore for the quarter ended December 31, 2009, over the same period last year.
Total income rose to Rs 249.31 crore for the third quarter ended December, against Rs 157.45 crore in the same period previous fiscal, Bajaj Auto Finance said in a filing to the Bombay Stock Exchange.
For the nine month ended December 31, the company has posted a net profit of Rs 64.22 crore, a jump of over three-fold from Rs 18.88 crore in the same period previous year.

Mastek Q2 net down 24.8% at Rs 23.54 cr
Mastek today reported a 24.8 per cent decline in its net profit at Rs 23.54 crore for the quarter ended December 31, 2009, while it had a net profit of Rs 31.33 crore in the same period previous fiscal. "The results of the current quarter includes the performance of the newly acquired business on September 1, 2009 and are therefore not comparable to previous quarter," Mastek said in a filing to the Bombay Stock Exchange (BSE).
Total income declined to Rs 193.23 crore for quarter ended December 31, as against Rs 256.20 crore in the same period previous fiscal.

The board of directors of the company have proposed an interim dividend of Rs 2 per equity share for the financial year 2009-10.