On positive cues from the US markets, the Asian markets too have opened positive today. Banking and financial stocks have led the rally. Japanese business sentiment survey turned negative for the first time in five years, indicating the Japanese economy may be in a recession. The Nikkei is in positive territory today even in a […]

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After the overnight blood bath in the US markets, Asian markets have opened weak this morning. However, after the initial weakness they have recovered to some extent. Back home, India has signed a nuclear deal with France. However, the nuclear deal with the US is still in the pipeline. No major events are expected today. […]

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The Asian markets opened weak this morning due to uncertainty over the US Government’s $700bn rescue plan for the financial sector. Back home, the markets will await the announcements of inflation and business confidence index (BCI). Inflation has remained steady at 12.14%, though it is still very high compared to RBI’s target of 5.5%. The […]

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Asian markets were dragged down by commodity and mining resource related stocks this morning, while banks and financial stocks fell on indecision over US Government bailout plan for the financial sector. We expect Indian markets to remain cautious and range-bound today ahead of today’s inflation data announcement.
read more here
http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_2008_09_25/
Indian stock market morning report by […]

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Results y-o-y
- Topline and bottomline grew by 1059.5% and 327.1% respectively because of acquisition of Everfresh, KGK and marine business in Q3-FY08.
- Cost of raw materials (as % of sales) increased from 63.2% to 83.6%, on account of higher raw material costs for branded as well as marine business.
- EBITDA margins declined […]

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Highlights
- In a restructuring exercise, Max India Ltd. (MIL) announced increase in its equity stake in Max New York Life Insurance, the life insurance JV with New York Life, from 50% to 74%.
- New York Life will also have the option to increase its stake by 24% over a period of 8 years […]

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Key Takeaways
- Robust revenue growth of 155% in Q1FY09, coupled with a 700bps EBITDA margin expansion from 42.6% to 49.6%. EBITDA improvement attributable to control over the employee costs which increased by 18.6% only.
- Net loss of Rs3.19Cr due to higher interest and depreciation costs.
- In Q1FY09, the company added 350 towers […]

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Keynote Capitals presents notes on the recent analyst meeting of Transport Corporation of India Ltd.
Incorporated in 1958, Transport Corporation ot India Ltd. (TCIL) is India’s leading multimodal integrated supply chain solutions provider. It went public in 1974.
It has a network ot 1200 owned branches and 7.25mn sq. tt. ot warehousing space. Head count […]

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Keynote Capitals presents notes on the recent analyst meeting of Transport Corporation of India Ltd.
Incorporated in 1958, Transport Corporation ot India Ltd. (TCIL) is India’s leading multimodal integrated supply chain solutions provider. It went public in 1974.
It has a network ot 1200 owned branches and 7.25mn sq. tt. ot warehousing space. Head count […]

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Keynote Capitals presents report on Temptation Foods Ltd., Indian fruits and vegetables (F&V) processing company.
Highlights
Huge potential of the Indian food processing sector
The Indian processed food business was estimated at Rs49bn in FY05. In India, less than 2% of the produced food is processed. Processing for fruits and vegetables is likely to increase to […]

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