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Tuesday, January 28, 2014

INDIAN BENCHMARKS rebound in trades today and make a positive opening tracking firm global cues. Bharti Airtel today reported Q3 net profit of Rs 610 crore. Consolidated net sales stood at Rs 21,939 crore. The company reported consolidated EBITDA of Rs 7093 crore and EBIT margins of 32.3%.


FURTHER, JSW Steel Ltd has posted a net profit after Tax, Minority Interest & Share of Profit / (Losses) of Associates of Rs. 4664.90 mn for the quarter ended December 31, 2013.NTPC Ltd has posted a net profit of Rs. 28612.80 mn for the quarter ended December 31, 2013 as compared to Rs. 25967.60 million for the quarter ended December 31, 2012.



Trend in FII flows: The FIIs were net sellers of Rs.1267cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net buyers of Rs. 1178cr, as per the provisional figures released by the NSE.

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