Buzzing Stocks

Sensex Gains Over 200 Pts In Early Trade

Stock MarketMumbai: The benchmark Sensex climbed up after gaining more than 200 points on the BSE in early trade on growth of funds buying, actuated by tautening worldwide trend.

In first five minutes of trading, the BSE-share index rise dramatically by 207.77 points at 15, 200.81 on brisk buying by funds in blue chip shares.

Likewise, the wide-base National Stock Exchange’s Nifty also gained 51.05 points to touch 4410.35.

Tata Steel reveals Future Plans after a Great Performance this quarter

Tata SteelThe purchase of Corus assisted the world’s sixth biggest steel maker, Tata Steel, to record a six-fold jump in its consolidated profit after tax (PAT) at Rs 6,388 crore for its first quarter.

Tata Steel registered a consolidated profit after tax (PAT) of Rs 1,014 crore in the corresponding period of the last year (2006). The current figures showed a growth of 6.30 times, following the acquirement of Corus.

Tata Steel posted Six-fold increase in Profits

Tata Steel Tata Steelhas posted great results.

ICICI Bank Can Evade RBI’s Holding Co Order

ICICI Bank ICICI Bankmay possibly form the alternative banking holding structure that the Reserve

Sensex Rebounds, SBI, RIL Record Smart Gains

HCL Infosystems’ Q4 Net Zooms 21%, Declares Dividend

HCL Infosystems
New Delhi: HCL Infosystems has declared results for fourth quarter that ended on June 30, 2007. It recorded about 13 per cent increase in consolidated net profit for the year ended June 2007, which stood at Rs 315.95 crore.

The company has also announced that it has pocketed Rs 500-crore deal from Bharat Sanchar Nigam Ltd. HCL’s consolidated gross sales in the same period was also up at Rs 11,855.43 crore as against Rs 11,454.97 crore in the corresponding period of the last year.

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