‘Vegetarian only' flats in Mangalore

Mangalore based developer, Vishwas Bawa Builders had launched 'Vegetarians Only' apartment project a year ago. Following the response for this ‘Vegetarians Only' apartment project, the company has launched one more such project in Mangalore recently. ‘Vishwas A…

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Indian Real Estate shares – Intraday Tips For 1 November 2011

Recommendations for 1 November 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 244.60 242.40 247.30 251.00 SELL BELOW 239.75 241.90 237.10 233.55 Top of Form Bottom of Form Scrip Trigger

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Share Review – CCCL

CCCL (Consolidated Construction Consortium Ltd.) posted a dismal set of numbers once again for 2Q FY 2012. The company’s top line grew by 9.5% yoy to Rs.535.8 cr (Rs.489.5 cr), above our estimate of Rs.465.0 cr. However, a major disappointment came on the margin front, as …

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Share Review - JK Lakshmi Cement

During 2Q FY 2012, JKLC (J K Lakshmi Cement ) reported 33.2% yoy top-line growth to Rs. 354  cr. The company’s dispatches rose by healthy 29.9% yoy to 1.13 mn tonnes and realization improved by 2.5% yoy to Rs.3,142/tonne. JKLC’s operating margin improved by 1.21% yoy to 11…

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Edelweiss Housing Finance expands into South India

Edelweiss Housing Finance( EHFL) is set to expand its presence in the South India with a presence in Tamilnadu capital Chennai by the year end, 2011. Mr Anil Kothuri, CEO, Edelweiss Housing said, "We recently opened an office in Bangalore, is to enter Hyderabad next, a…

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N. Shankar appointed CMD of ECGC

Mr. N. Shankar has been appointed as Chairman-cum-Managing Director of Export Credit Guarantee Corporation of India Ltd. (ECGC). Prior to this appointment, Mr. Shankar was Executive Director of Export-Import Bank of India (Exim Bank). Mr. Shankar is a career banker and has o…

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Today's Investing Mantra - Bill Earle

"If your outgo exceeds your income, then your upkeep will be your downfall." - Bill Earle

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After 5 years TN govt enters cement retail business

After a gap of  5 years, the Tamilnadu state government has decided to reenter the cement retail business in Tamil Nadu and Kerala with a view to reining in the skyrocketing prices. At a time when private manufacturers sell cement about Rs 300 per 50kg bag, the Tamil Nadu g…

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Ramky Infra bagged Construction World award

Ramky Infrastructure has bagged the award for the ‘3rd Fastest Growing (Large Category) Construction Company' at the 9th Construction World Awards 2011. The Ramky Infrastructure  emerged winner in the Construction World Annual 2011 study, which has been conducting the p…

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Sub-contractors in Infra. projects exempt from service tax : CBEC circular

Services provided by sub-contractors to a works contract service (WCS) provider engaged in infrastructure projects will not have to pay service tax - if they are independently classifiable under the WCS - if they are in relation to the infrastructure projects undertaken by …

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