Timely Indian Market & Stock News - October 2011

[Bosch Ltd.] surges as strike called off.

Sept inflation at 9.72% vs 9.78%. Little lower than the past

[BEML Ltd.] surges on reports of defence ministry order. The stock was trading at Rs509.65, up by 4.48%

[Indian Overseas Bank] plans to open new branch in Bangkok. The stock was trading at Rs99, up by 0.51%

‎[Federal Bank Ltd.] offers Diwali discount on gold purchase.


‎[Housing Development Finance Corporation Ltd.] Q2 net profit up 20%.


‎[Federal Bank Ltd.] offers Diwali discount on gold purchase.

‎[YES Bank Ltd.] Q2 net profit jumps by 33%.

‎[UltraTech Cement Ltd.] Q2 net profit jumps by 141%.

‎[Raymond Ltd.] Q2 cons net profit up 23%. The stock was trading at Rs358.80, up by 3.31%

‎[Strides Arcolab Ltd.] gets US FDA approval for Bupivacaine Injection. The stock was trading up at Rs373.65

‎[Kotak Mahindra Bank Ltd.] sues Trident over default.

‎[Hindustan Zinc Ltd.] Q2 net profit rises by 42%.

‎[Biocon Ltd.] Q2 net profit declines by 22%. The stock was trading at Rs348.70, up by 0.06%

[JSW Steel Ltd.] Q2 net profit decrease by 71%. The stock was trading at Rs572.85, down by 1.67%

[Asian Paints Ltd.] falls on poor Q2 results.

[Godrej Properties Ltd.] surges on pact with Universal Builders.

Rupee weakens past 50 a dollar for 1st time since May 2009.

[Mahindra & Mahindra Ltd.] gets 200 bookings for new SUV in South Africa.

[PVR Ltd.] Q2 cons net profit up by 58%. The stock was trading at Rs128, up by 3.98%

[Maruti Suzuki India Ltd.] likely to reinstate 1100 suspended workers.

Reliance Telecom moves Delhi HC for quashing charges

[ITC Ltd.] Q2 net profit surges by 21%.

[Suzlon Energy Ltd.] Q2 net profit at Rs19 crore. Continues to be a weak stock as expected

[Axis Bank Ltd.] Q2 net profit up by 25%

DoT expects 2G spectrum allocation in 2-3 mnths.

Economic growth to slip below 8% - RBI

RBI hikes interest rates by 25 basis points (bps) to 8.5%.

[Jindal Poly Films Ltd.] jumps on buyback approval. The stock was trading at Rs233.40, up by 8.31%

‎[Bharat Electronics Ltd.] Q2 net profit advances by 20%.

‎[Power Grid Corporation of India Ltd.] aims 30% increase in revenues from telecom biz in FY12.

‎[Larsen & Toubro Ltd.] Hyderabad Metro faces 2-year delay.

‎[Eros International Media Ltd.] announces stunning opening for Ra.One.

Kris says [Infosys Ltd.] seek acquisitions worth $700 mn.