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Popular Articles

Eicher Motors gains on strong Q1 performance
The stock extended gains and surged to a new 52-week high of Rs 360 - up 6.5%. It finally ended at Rs 355, up 4.7%. The counter clocked comparatively heavy volumes of 15,401 shares as against its two-week daily average trade of 3,486.

Karnataka BJP crisis resolved
The week-long political crisis that paralysed the BJP government in Karnataka blew over today following a compromise between the warring sides under which a coordination committee will be formed, a woman minister may be removed and the Speaker inducted into the Cabinet.

News of the day

Orders and deliveries for Boeing dip in Aug
Commercial plane maker Boeing saw orders for its jets dip 11 per cent in August this year from a year ago while for the first eight months of 2009, orders plunged 71 per cent to 161 from 556 in January-August 2008.
Management

MRF zooms 20% on four-fold jump in net

MRF finally settled with 16.5% increase at Rs 4,454. The counter witnessed trades of 61,745 shares, as against its two-week average traded quantity of 9,607, which is a massive increase of 521,38. _______________________________________________________ BSNL employees seek PM"s help; demand change in mngt Siemens to invest Rs 1600 cr in India MRF zoomed 20% to Rs 4,585, also its 52- week high, on the back of 294% jump in net profit. The stock has increased three-fold in six months. The stock is now up nearly 16.5% to Rs 4,452, after opening at Rs 3,825. The counter has witnessed trades of 55,000shares, around 15 times more than its two-week average traded quantity of 3,609 shares on the BSE. MRF registered a net profit of Rs 125.70 crore for the quarter ended June 2009 from Rs 31.86 crore in the same quarter previous year. The net sales of the company increased by 12.4% to Rs 1433.55 crore from Rs 1274.37 crore. MRF is India"s leading tyre manufacturing company. The company manufactures an extensive range of tyres and conveyor belts in six production facilities in India. MRF exports its products to over 75 countries worldwide.


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