Tuesday, 25 October 2016

Re: {LONGTERMINVESTORS} News & Misc. items - Thread

 Corporate Buzz 

Ø  Gujarat Industries Power Company commissioned nine Wind Turbine Generators (WTGs) of 26 MW each aggregating to 18 MW at the Rojmal Wind Farm Site, District-Amreli in Gujarat state.

Ø  Adani Ports reported 13.48% YoY fall in its net profit to INR 9.16bn in 2QFY17 as compared to INR 10.59bn in 2QFY16. Total income of the company decreased by 12.34% YoY to INR 15.97bn.

Ø  Asian Paints reported 17.40% YoY rise in its net profit to INR 4.35bn in 2QFY17 as compared to INR 3.70bn in 2QFY16. Total income of the company increased by 10.56% YoY to INR 36.38bn in 2QFY17.

Ø  Welspun Corp reported a net loss of INR 394.4mn in 2QFY17 as compared to a net loss of INR 10.1mn in 2QFY16. The company's total income decreased by 38.95% YoY to INR 6466.6mn in 2QFY17.

Ø  Hexaware Technologies reported 0.37% YoY rise in its net profit to INR 946.8mn in 2QFY17 as compared to INR 943.3mn in 2QFY16. Total income of the company increased by 6.58% YoY to INR 3734.1mn in 2QFY17.

Ø  HDFC Bank reported 20.42% YoY rise in its net profit to INR 34.55bn in 2QFY17 as compared to INR 28.69bn in 2QFY16. Total income of the bank increased by 15.28% YoY to INR 199.70bn in 2QFY17.

Ø  Alembic Pharmaceuticals reported 54.88% YoY fall in its net profit at to 1.13bn in 2QFY17 as compared to INR 2.52bn in 2QFY16. Total income of the company decreased by 10.17% YoY to INR 8.37bn in 2QFY17.

Ø  Gujarat State Fertilizers & Chemicals reported 12.05% YoY fall in its net profit to INR 1.25bn in 2QFY17 as compared to INR 1.42bn 2QFY16. Total income of the company decreased by 8.64% YoY to INR 16.57bn in 2QFY17.

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