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India Inc to post double digit growth in profit in Q3
India Inc is likely to post 15-20 per cent growth in net profit in the third quarter, thanks to a low base year and a promising show from automobiles, capital goods, construction, metals, pharmaceuticals and sugar companies. The telecom sector, for the first time after several quarters of strong performance, is expected to show decline in net profit on the back of decline in revenue per phone.

Simplex Infra Q2 net declines marginally
Simplex Infrastructures profit during the second quarter fell marginally to Rs 27.92 crore from Rs 28.07 crore during the same quarter last year.

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Mid & small-cap firms to see single-digit growth
Wide sectoral variations; good time for cement, automobiles and media.
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Sensex ends down marginally

The Sensex ended (provisional) at 17,533 - down seven points. The Nifty ended (provisional) up seven points at 5,252. ___________________________________________________ - Asian markets end in green - Lacklustre trade continues - Sensex firm; realty index up 2% - Novartis soars on getting patent right - Sensex strong in opening trades - F&O OUTLOOK: Correction to stay on course Sensex ends up 35pts Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit ----------------------------------------------------------------------------------------------------------------(Updated at 1334pm) The bourses have trimmed their gains in afternoon trades. The Sensex is quoting at 17578, higher by 37 points, and the Nifty is at 5253, up 8 points. Realty, metals and PSU sectors are in the limelight. DLF is the top gainer on the Sensex (stronger by Rs 10 or 2.7% at Rs 400).This is followed by Jaiprakash Associates (higher by Rs 3 or 2.8% at Rs 165) and Hero Honda (up Rs 28 or 1.7% at Rs 1675). Index heavyweight Reliance Industries is the top Sensex loser (weaker by Rs 12 or 1.1% at Rs 1089) after raising about Rs 3,465 crore through the sale of 3.3 crore treasury stocks. BHEL (shed RS 25 or 1% at Rs 2397) and HDFC (lost Rs 9 or 0.3% at Rs 2591) are the other notable losers. The market beadth is strong. Out of 2941 stocks traded on the BSE, hee are 2186 advancing stocks as against 700 declines.


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