Tuesday, April 28, 2009

BOR: Stocks in action for the day: KPIT Cummins, Indiabulls Sec, Godfrey Phillips, 3i Info

Banks to be eyed: FDI rules -: Government open to reviewing FDI rules for banking sector: -New amendments not likely to be in place before the election -If needed government open to reviewing FDI norms for other sectors as well.

KPIT Cummins: R1: 41.1, R2: 42.1, R3: 43.1, S1: 39.1, S2: 38.1, S3: 37.1.

KPIT Cummins FY09 YoY -Net sales up 36% at Rs 793 cr vs Rs 583 cr -Net profit up 28% at Rs 658 cr vs Rs 513 cr -EPS of Rs 8.41 vs Rs 6.55 -EBITDA margins at 23.1% vs 12.6%

Godfrey Phillips: R1: 1060, R2: 1120, R3: 1240, S1: 880, S2: 760, S3: 700.

Philip Morris, Modis settle Marlboro row (Both hold 36% stake each in Godfrey Phillips)

3i Infotech: R1: 47, R2: 49.5, R3: 51.5, S1: 42.5, S2: 40.5, S3: 38.

3i Infotech to acquire JP Morgan Treasury Services' national retail lockbox business

Pennar Industries: R1: 24.1, R2: 25.1, R3: 25.7, S1: 22.4, S2: 21.8, S3: 20.8.

Pennar Industries board approves buy back up to Rs 40/sh ((CMP Rs 23))


allvoices

No comments: