F I R S T C A L L BUY R E S E A R C H ORACLE FINANCIAL SERVICES SOFTWARE LTD. December 04, 2010 SYNOPSIS. 1 Year Comparative Graph.
|
|
- Alyson McBride
- 6 years ago
- Views:
Transcription
1 C.M.P: Rs Stock Data Sector Face Value (Rs) ORACLE FINANCIAL SERVICES SOFTWARE LTD 1 Year Comparative Graph ORACEL SOFTWARE IT Rs wk. High/Low (Rs.) Rs / Volume (2 wk. Avg.) 6575 BSE Code Market Cap (Rs.mn.) Share Holding Pattern V.S.R. Sastry Equity Research Desk vsrsastry@firstcallindiaequity.com Dr. V.V.L.N. Sastry Ph.D. Chief Research Officer drsastry@firstcallindia.com Target Price: Rs BSE SENSEX SYNOPSIS BUY December 04, 2010 Oracle Financial Services Software (formerly I-flex solutions) is a leading provider of applications and professional services for the financial services industry. Its portfolio of offerings includes Oracle FLEXCUBE, a complete banking product suite for retail, consumer, corporate, investment, and asset management, and investor servicing. During the quarter company added 10 new product customers and 5 new services customers. During the quarter company signed new licenses of $24 million. During the quarter 13 customer projects went live with successful deployment of their products. A leading global Tier 1 investment bank selected Oracle Reveleus Operational Risk for its global deployment. A major Tier 1 bank signed a multi-million dollar license upgrade for Oracle FLEXCUBE. A Tier 1 financial services institution in North America, with global operations, signed up to deploy Oracle Reveleus for Basel II compliance and economic capital. Net sales and PAT of the company are expected to grow at a CAGR of 4% and 6% over 2009 to 2012E respectively. Financials (Rs.mn.) FY10A FY11E FY12E Net Sales EBIDTA PAT EPS (Rs) P/E (x) F I R S T C A L L R E S E A R C H 1
2 Peer Group Comparison Name of the company CMP(Rs.) Market Cap.(Rs.Mn.) EPS(Rs.) P/E(x) P/BV(x) Dividend (%) Oracel Software Ltd TCS Mphasis Patni Computer Investment Highlights Result Update (Q2 FY11) Oracel Financial Services Ltd reported a rise in standalone net profit for the quarter ended September During the quarter, the profit of the company increased 23.11% to Rs million from Rs million in the same quarter previous year. Net sales for the quarter increased 8.54% to Rs million, while total income for the quarter increased 8.54% to Rs million, when compared with the prior year period. Company posted earnings of Rs a share during the quarter, registering 22.96% growth over prior year period. Quarterly Results - Standalone (Rs in mn) As at Sep - 10 Sep - 09 %Change Net Sales Net Profit Basic EPS
3 Net Sales & PAT Growth During the quarter, net sales increased by 8.54% to Rs million from Rs million in the same quarter last year and the Total Profit for the quarter ended September 2010 was Rs million grew by 23.11% from Rs million compared to same quarter last year. EPS Growth The basic EPS of the company stood at Rs for the quarter ended Sep 2010 from Rs for the quarter ended Sep
4 Oracle, Fundtech and Sierra Atlantic introduce Seamless STP Oracle, Fundtech and Sierra Atlantic announced the introduction of Seamless STP, a solution that integrates bank payments and receivables processing systems with their corporate client`s ERP systems, offering corporate treasury executives a single, transparent view of cash flow. ITC Infotech, Oracle joins hands ITC Infotech, a fully-owned subsidiary of ITC has teamed up with Oracle to provide loyalty and marketing programme-based BPO services. According to this agreement, Oracle`s offerings will support ITC Infotech in providing customers loyalty, marketing and customer relationship management solutions in an outsourced business process model. Introduces Oracle Mantas Energy and Commodity Trading Compliance Oracle Financial Services introduced Oracle Mantas Energy and Commodity Trading Compliance (ECTC). Oracle Mantas ECTC provides comprehensive functionality to automate trade surveillance; identify unusual behaviors of interest on trading desks of energy and commodities market participants; effectively manage rigorous trading. First Global Selects Oracle FLEXCUBE Jamaica-based First Global Bank and First Global Financial Services Limited, subsidiaries of GraceKennedy, Ltd., have selected Oracle FLEXCUBE to help improve operational efficiencies and support new business opportunities and agility. The companies are also deploying Oracle Reveleus Operational Risk to extend visibility into operational performance, enabling more proactive governance and strengthening internal controls. Mauritian bank opts for Oracle`s FLEXCUBE banking sol ABC Banking Corporation Mauritius, formerly known as ABC Finance & Leasing (ABCFL), has selected Oracle FLEXCUBE universal banking and the Oracle FLEXCUBE Direct Banking to consolidate its leasing business and establish a full service bank. National Bank of Cambodia implements Oracle Flexcube sol Oracle Financial Services Software announced that National Bank of Cambodia has gone live with Oracle Flexcube Universal Banking as its core banking 4
5 platform. National Bank of Cambodia is the central bank in charge of implementing the kingdom of Cambodia`s monetary policies. Caribbean credit union deploys Oracle Flexcube Oracle Financial Services Software announced that TECU Credit Union Cooperative Society, one of the Caribbean`s leading credit unions, operating for more than 60 years in Trinidad and Tobago, has deployed Oracle FLEXCUBE Universal Banking. Oracle Flexcube provides TECU with a single view of its members and the services they use, and gives the credit union the visibility and agility to quickly launch new products and services. Oracle Fin opens a local delivery centre in Chile Oracle Financial Services Software announced that it has opened a new local delivery centre in Chile to support industry leading financial services software and solutions. The company has a range of application software, custom solutions and consulting services. Launches new financial services solution Oracle Financial Services Software announced an integrated, enterprise-wide stress testing solution. The stress testing solution enables institutions to centrally develop, define and manage scenarios and shocks - and apply them across multiple risk categories including credit risk and market risk. Segmental Revenue (Q2 FY11) 5
6 Geographic Revenue (Q2 FY11) Revenue Mix- On: Off (Q2 FY11) 6
7 Revenue from Top Clients (Q2 FY11) Head Count 7
8 Buys Sun Microsystems Oracle Corporation parent company of Oracle Financial Services Software (India) and Sun Microsystems have entered into a definitive agreement under which Oracle will acquire Sun common stock for USD 9.50 a share in cash. Company Profile Oracle Financial Services Software Limited (referred to as "Oracle Financial Services Software") is a world leader in providing products and services to the financial services industry and is a majority owned subsidiary of Oracle. Oracle Corporation is the world s largest enterprise software company. Oracle Financial Services Software (formerly i-flex solutions) is a leading provider of applications and professional services for the financial services industry. Its portfolio of offerings includes Oracle FLEXCUBE, a complete banking product suite for retail, consumer, corporate, investment, and asset management, and investor servicing. As a part of Oracle's analytics for the financial services industry Oracle Reveleus offers a suite of analytical applications for capital adequacy, stress testing, multijurisdictional Basel II compliance, enterprise performance management, and customer insight, and helps institutions address their enterprise risk and compliance needs. Oracle Mantas is the industry's most comprehensive solution for anti-money laundering, fraud detection, and trade compliance. The company has partnership with the following companies: AMD Apple Cisco Dell EMC Fujitsu HP IBM Intel Microsoft Motorola NetApp Sun Microsystems Subsidiaries I-flex solutions b.v. I-flex solutions Inc. I-flex solutions pte ltd 8
9 I-flex Consulting (Asia Pacific) Pte Ltd. I-flex Processing Services Inc. Equinox Global Services Ltd. SuperSolutions Corporation Mantas Inc. Castek Software Inc. Flexcel International Private Limited Industry Solutions Aerospace Automotive Chemicals Communications Consumer Products Education and Research Engineering and Construction Financial Services Health Sciences High Technology Industrial Manufacturing Media and Entertainment Natural Resources Oil and Gas Professional Services Public Sector Retail Travel and Transportation Utilities SWOT Analysis STRENGHTS Comprehensive solutions portfolio World-class technology Deep domain expertise Extensive global client base Superior quality and cost-efficient delivery High quality manpower resources 9
10 Strong R&D capability, well linked with business WEAKNESSES Exposure to various economies OPPORTUNITIES India is a favored outsourcing destination. Increasing momentum in purchasing core banking systems by large and global financial institutions. Entry into hitherto untapped markets. Expanding solutions portfolio and entry into new market segments consumer finance, business analytics, Basel II, Anti-Money Laundering, Private wealth management, Islamic banking, among others. Need for banks to improve performance and efficiency through effective use of information technology solutions. THREATS Increasing competition Legislative and visa related restrictions Foreign exchange rate fluctuations. Fluctuations in interest rates. Fluctuations in the value of their investment 10
11 Financial Results 12 Months Ended Profit & Loss Account (Standalone) Value(Rs. in million) FY09A FY10A FY11E FY12E Description 12m 12m 12m 12m Net Sales 22, , Other Income Total Income 22, , Expenditure -16, , Operating Profit 6, , Interest 1, Gross Profit 7, , Depreciation Profit before Tax 7, , Tax Profit after Tax 6, , Equity Capital Reserves 34, , , , Face Value Total No. of Shares EPS
12 Quarterly Ended Profit & Loss Account (Standalone) Value(Rs. in million) 31-Mar Jun Sep Dec-10E Description 3m 3m 3m 3m Net Sales Other Income Total Income Expenditure Operating Profit Interest Gross Profit Depreciation Profit before Tax Tax Profit after Tax Equity Capital Face Value Total No. of Shares EPS
13 Key Ratios Particulars FY09 FY10 FY11E FY12E EPS (Rs.) EBITDA Margin (%) 27% 38% 35% 35% PAT Margin (%) 31% 29% 33% 33% P/E Ratio (x) ROE (%) 20% 19% 18% 16% ROCE (%) 19% 25% 20% 18% EV/EBITDA (x) Debt-Equity Ratio Book Value (Rs.) P/BV Charts 13
14 14
15 Outlook and Conclusion At the current market price of Rs the stock is trading at a P/Ex of 23.01x for FY11E and 20.91x for FY12E. The EPS of the stock is expected to be at Rs and Rs for FY11E and FY12E respectively. On the basis of price to book value, the stock trades at 4.09x and 3.42x for FY11E and FY12E respectively. The Net sales and PAT of the company is expected to grow at a CAGR of 4% and 6% respectively over FY09 to FY12E. A leading global Tier 1 investment bank selected Oracle Reveleus Operational Risk for its global deployment. A major Tier 1 bank signed a multi-million dollar license upgrade for Oracle FLEXCUBE. A Tier 1 financial services institution in North America, with global operations, signed up to deploy Oracle Reveleus for Basel II compliance and economic capital. CITIC Bank International Limited, Hong Kong extended its Oracle FLEXCUBE deployment to centralize its global platform for transaction banking business. 15
16 Launched Oracle Mantas Energy and Commodity Trading Compliance, which automates trade surveillance and expands insight into trading activities, enabling compliance and operational risk managers. Company registered robust new license signings in the quarter, aggregating to US$ 24 Million. Company momentum in the APAC region is significant, with the region contributing 37% of the product revenues this quarter. We recommend a BUY on the stock with a target price of Rs for medium to long term. Industry Overview Sector structure/market size The Indian information technology industry has played a key role in putting India on the global map. Thanks to the success of the IT industry, India is now a power to reckon with. According to the National Association of Software and Service Companies (NASSCOM), the apex body for software services in India, the revenue of the information technology sector has risen from 1.2 per cent of the gross domestic product (GDP) in FY to an estimated 5.8 per cent in FY India's IT growth in the world is primarily dominated by IT software and services such as Custom Application Development and Maintenance (CADM), System Integration, IT Consulting, Application Management, Infrastructure Management Services, Software testing, Service-oriented architecture and Web services. As per NASSCOM's latest findings: Indian IT-BPO sector grew by 12 per cent in FY 2009 to reach US$ 71.7 billion in aggregate revenue (including hardware). Of this, the software and services segment accounted for US$ 59.6 billion. IT-BPO exports (including hardware exports) grew by 16 per cent from US$ 40.9 billion in FY to US$ 47.3 billion in FY Moreover, according to a study by Springboard Research, the Indian IT services market is estimated to remain the fastest growing in the Asia-Pacific region with a CAGR of 18.6 per cent. Despite the uncertainty in the global economy, the top three IT majors Infosys, TCS and Wipro have seen revenue growth from all important sources of income: from the North American and European regions, in the financial services vertical and from application maintenance and development (ADM) offerings between fiscal years 2008 and
17 At present, there are 60 million Internet users in the country. According to Manufacturer s Association of IT (MAIT), the number of active Internet entities rose to 8.6 million by March 2009 from 7.2 million units in March MAIT has outlined 'Goal 511', an ambitious target that talks about 500 million Internet users, 100 million broadband connections, and 100 million connected devices by A latest study by MAIT estimated that the total PC sale in India is likely to grow by 7 per cent in , with total sales expected to cross 7.3 million units. Outsourcing A research by Gartner forecasts India as the undisputed leader in the outsourcing space in the year India's most prized resource is its readily available technical work force. India has the second largest English-speaking scientific professionals in the world, second only to the US. It is estimated that India has over 4 million technical workers, over 1,832 educational institutions and polytechnics, which train more than 67,785 computer software professionals every year. The enormous base of skilled manpower is a major draw for global customers. According to NASSCOM, software and services exports (including exports of IT services, BPO, engineering services and R&D and software products) reached US$ 47 billion in FY , contributing nearly 78 per cent to the total software and services revenue of US$ 59.6 billion. India continues to be the most preferred destination for companies looking to offshore their IT and back-office functions. It also retains its low-cost advantage and is among the most financially attractive locations when viewed in combination with the business environment it offers and the availability of skilled people, according to global management consultancy AT Kearney. India has retained its numerous Uno position even as some other well-established outsourcing hubs dropped in their attractiveness to be replaced by new emerging destinations in AT Kearney s latest ranking of the top outsourcing destinations across the globe. The top three countries in the 2009 Global Services Location Index (GSLI) remain the same India, China and Malaysia. Domestic Markets India's domestic market has also become a force to reckon with, as the existing IT infrastructure evolves both in terms of technology and depth of penetration. According to NASSCOM, domestic IT market (including hardware) reached US$ 24.3 billion in FY as against US$ 23.1 billion in FY , a growth of 5.3 per cent. 17
18 India Inc's demand for IT services and products has bolstered growth in the domestic sector with deal sizes going up remarkably and contracts worth US$ 50 million-us$ 100 million up for grabs. The market for enterprise networking equipment in India is estimated to grow from US$ 1 billion in 2008 to US$ 1.7 billion by 2012, recording a compounded annual growth rate (CAGR) of 15 per cent during this period, according to a study by Springboard Research. Investments Infosys Technologies Ltd will invest US$ 70 million over the next three quarters of the current financial year towards increasing its sales and marketing staff overseas, building new capabilities and hiring local resources for its international centres. The Andhra Pradesh Government expects the IT-related SEZs and Software Technology Parks of India (STPI) in the State to receive about US$ 3.27 billion investments in the next five years. HCL Technologies has entered into a strategic partnership with South Africa s UCS Group. As part of the all-cash deal, HCL will acquire UCS s enterprise solutions SAP practice focused on the retail sector for US$ 7.7 million. Rural Penetration According to a report of the Internet and Mobile Association of India (IAMAI), rural India has 3.3 million active internet users. Since rural India was mapped for the first time, the year-on-year growth of internet users in rural India could not be estimated. The research also notes there are 5.5 million people who claim to have used Internet at some point in time. Government Initiatives The government set up the National Taskforce on Information Technology and Software Development with the objective of framing a long term National IT Policy for the country. Enactment of the Information Technology Act, which provides a legal framework to facilitate electronic commerce and electronic transactions. The government-led National e-governance Programme, has played an important role in increasing internet penetration in rural India. 18
19 Road Ahead The Indian information technology sector continues to be one of the sunshine sectors of the Indian economy showing rapid growth and promise. According to a report prepared by McKinsey for NASSCOM, the exports component of the Indian industry is expected to reach US$ 175 billion in revenue by The domestic component will contribute US$ 50 billion in revenue by Together, the export and domestic markets are likely to bring in US$ 225 billion in revenue, as new opportunities emerge in areas such as public sector and healthcare, and as geographies including BRIC and Japan opt for greater outsourcing. Disclaimer: This document prepared by our research analysts does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable but do not represent that it is accurate or complete and it should not be relied on as such. Firstcall India Equity Advisors Pvt. Ltd. or any of its affiliates shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This document is provide for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. 19
20 Firstcall India Equity Research: C.V.S.L.Kameswari Pharma U. Janaki Rao Capital Goods B. Prathap IT D. Ashakirankumar Automobile A. Rajesh Babu FMCG H.Lavanya Oil & Gas A.Prathibha Diversified G.Bharani Bhukta Banking Dheeraj Bhatia Diversified Manoj kotian Diversified Nimesh Gada Diversified Firstcall India also provides Firstcall India Equity Advisors Pvt.Ltd focuses on, IPO s, QIP s, F.P.O s,takeover Offers, Offer for Sale and Buy Back Offerings. Corporate Finance Offerings include Foreign Currency Loan Syndications, Placement of Equity / Debt with multilateral organizations, Short Term Funds Management Debt & Equity, Working Capital Limits, Equity & Debt Syndications and Structured Deals. Corporate Advisory Offerings include Mergers & Acquisitions(domestic and cross-border), divestitures, spin-offs, valuation of business, corporate restructuring-capital and Debt, Turnkey Corporate Revival Planning & Execution, Project Financing, Venture capital, Private Equity and Financial Joint Ventures Firstcall India also provides Financial Advisory services with respect to raising of capital through FCCBs, GDRs, ADRs and listing of the same on International Stock Exchanges namely AIMs, Luxembourg, Singapore Stock Exchanges and other international stock exchanges. For Further Details Contact: 3rd Floor,Sankalp,The Bureau,Dr.R.C.Marg,Chembur,Mumbai Tel. : / / Telefax : info@firstcallindiaequity.com 20
TECH MAHINDRA LTD (TML)
TECH MAHINDRA LTD (TML) HOLD CMP: Rs.1135.00 Date: January 23, 2010 Key Ratios: Particulars FY09 FY10E FY11E OPM(%) 28 24 24 NPM(%) 23 14 14 ROE(%) 50 24 21 ROCE(%) 53 23 21 P/BV(x) 6.78 5.15 4.05 P/E(x)
More informationTATA CONSULTANCY SERVICES Ltd Result Update: Q4 FY 11
TATA CONSULTANCY SERVICES Ltd Result Update: Q4 FY 11 C.M.P: Rs. 1160.00 Target Price: Rs. 1322.00 Date: April 28 th 2011 BUY Stock Data: Sector: IT Face Value Rs. 1.00 52 wk. High/Low (Rs.) 1,247.00/692.00
More informationInfotech Enterprises Ltd
Infotech Enterprises Ltd BUY CMP: Rs.321.00 Date: January 20, 2010 Key Ratios: Particulars FY09 FY10E FY11E OPM(%) 17 26 26 NPM(%) 9 15 15 ROE(%) 12 17 16 ROCE(%) 28 34 31 P/BV(x) 2.57 2.12 1.77 P/E(x)
More informationBUY. INFOSYS TECHNOLOGIES LTD Result Update: Q3 FY 11 SYNOPSIS. C.M.P: Target Price: Date: 13 Jan Share Holding Pattern
INFOSYS TECHNOLOGIES LTD Result Update: Q3 FY 11 C.M.P: 3204.00 Target Price: 3588.00 Date: 13 Jan 2011 BUY Stock Data: Sector: IT Face Value Rs. 5.00 52 wk. High/Low (Rs.) 3493.95/2333.00 Volume (2 wk.
More informationPEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)
BUY CMP 200.85 Target Price 225.00 PETRONET LNG LIMITED Result Update (PARENT BASIS): Q2 FY15 DECEMBER 20 th 2014 ISIN: INE347G01014 Index Details Stock Data Sector Oil & Gas BSE Code 532522 Face Value
More informationPEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)
BUY CMP 178.10 Target Price 205.00 PETRONET LNG LIMITED Result Update(PARENT BASIS): Q1 FY15 OCTOBER 15 th 2014 ISIN: INE347G01014 Index Details Stock Data Sector Oil & Gas BSE Code 532522 Face Value 10.00
More informationBUY ORACLE FINANCIAL SERVICES SOFTWARE LTD. Result Update: Q2 FY13. CMP (Rs) Target Price (Rs) JAN 11 th, 2013 SYNOPSIS
BUY CMP (Rs) 3348.00 Target Price (Rs) 3750.00 ORACLE FINANCIAL SERVICES SOFTWARE LTD Result Update: Q2 FY13 JAN 11 th, 2013 ISIN: INE881D01027 Stock Data Sector IT Consulting & Software BSE Code 532466
More informationPEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)
BUY CMP 201.00 Target Price 224.00 R.S. SOFTWARE INDIA LTD (CONSOLIDATED) Result Update: Q4 FY14 APRIL 17 th 2014 ISIN: INE165B01011 Index Details Stock Data Sector IT Software BSE Code 517447 Face Value
More informationYears Net sales EBITDA Net Profit EPS P/E
GUJARAT STATE FERTILIZERS & CHEMICALS LTD Result Update: Q4 FY 11 C.M.P : Rs.342.00 Target Price : Rs.390.00 Date : 23 rd June 2011 BUY Stock Data: Sector: Face Value Rs. Fertilizers Rs.10.00 52 wk. High/Low
More informationF I R S T C A L L BUY R E S E A R C H JAIN IRRIGATION SYSTEMS LTD. December 15, 2010 SYNOPSIS. 1 Year Comparative Graph.
C.M.P: Rs.223.00 Stock Data Sector Face Value (Rs) JAIN IRRIGATION SYSTEMS LTD 1 Year Comparative Graph JAIN IRRIGATION Plastic Products Rs.2.00 52 wk. High/Low (Rs.) Rs.264.57/141.20 Volume (2 wk. Avg.)
More informationHOLD ZENSAR TECHNOLOGIES LTD. CMP (Rs) Target Price (Rs) JAN 23 rd, 2013 SYNOPSIS. Result Update: Q3 FY13
HOLD CMP (Rs) 264.00 Target Price (Rs) 297.00 ZENSAR TECHNOLOGIES LIMITED Result Update: Q3 FY13 JAN 23 rd, 2013 ISIN: INE520A01019 Stock Data Sector IT BSE Code 504067 Face Value 10.00 52wk. High / Low
More informationF I R S T C A L L BUY R E S E A R C H SYNOPSIS. Gujarat State Fertilisers & Chemicals Ltd (GSFC) Fertilizers. Date: 23 June 2010
C.M.P: Rs.233.35 Stock Data Sector Fertilizers Face Value(Rs) 10.00 Gujarat State Fertilisers & Chemicals Ltd (GSFC) 1 Year Comparative Graph GUJARAT STATE FERT 52 wk. High/Low (Rs.) 265.85/130.15 Volume
More informationF I R S T C A L L BUY R E S E A R C H. National Aluminium Co.Ltd SYNOPSIS. December 14 th, Year Comparative Graph
C.M.P: Rs.370.00 Stock Data Sector National Aluminium Co.Ltd 1 Year Comparative Graph Aluminium Face Value (Rs.) 10.00 52 wk. High/Low (Rs.) 525.90/334.00 Volume (2 wk. Avg.) 9859.00 BSE Code 532234 Market
More informationOrchid Chemicals & Pharmaceuticals Ltd
Orchid Chemicals & Pharmaceuticals Ltd NEUTRAL CMP: Rs.171.55 Date: 19 November,2009 Key Ratios: Particulars FY08 A FY09 A FY10E FY11E OPM(%) 34 20 28 30 NPM(%) 15 (4) (2) 1 ROE(%) 27 (8) (4) 2 ROCE(%)
More informationBUY ZUARI INDUSTRIES LTD. C.M.P: Rs Target Price: Rs Date:22 nd Jan Share Holding Pattern. 1 Year Comparative Graph
ZUARI INDUSTRIES LTD Result Update: Q3 FY 11 C.M.P: Rs.630.00 Target Price: Rs. 712.00 Date:22 nd Jan 2011 BUY Stock Data: Sector: Fertilizers Face Value Rs. Rs.10.00 52 wk. High/Low (Rs.) 895.00/419.00
More informationBUY. EXCEL CROP CARE LTD Result Update (PARENT BASIS): Q2 FY15 SYNOPSIS. CMP Target Price NOVEMBER 26 th 2014 ISIN: INE223G01017
BUY CMP 1181.40 Target Price 1311.00 EXCEL CROP CARE LTD Result Update (PARENT BASIS): Q2 FY15 NOVEMBER 26 th 2014 ISIN: INE223G01017 Index Details Stock Data Sector Agrochemicals BSE Code 532511 Face
More informationi-flex net increases 48% for Financial Year Consolidated US GAAP net profits up by 71% Dividend of 50% recommended
For Immediate Release i-flex net increases 48% for Financial Year 2002-03 Consolidated US GAAP net profits up by 71% Dividend of 50% recommended FINANCIALS AT A GLANCE FOR THE YEAR ENDED March 31, 2003
More informationWIPRO LTD. SYNOPSIS. C.M.P: Rs Target Price: Rs Date: Nov. 29 th 2011 BUY. Share Holding Pattern. 1 Year Comparative Graph
WIPRO LTD. Result Update: Q2 FY 2 C.M.P: Rs. 376.60 Target Price: Rs. 425.00 Date: Nov. 29 th 20 BUY Stock Data: Sector: IT Face Value Rs. 2.00 52 wk. High/Low (Rs.) 496.30/30.20 Volume (2 wk. Avg.) 24000.00
More informationINFOSYS LTD. SYNOPSIS. C.M.P: Rs Target Price: Rs Date: Jan. 21 st 2012 BUY. Share Holding Pattern. 1 Year Comparative Graph
INFOSYS LTD Result Update: Q3 FY12 C.M.P: Rs. 2663.00 Target Price: Rs. 3009.00 Date: Jan. 21 st 2012 BUY Stock Data: Sector: IT Face Value Rs. 5.00 52 wk. High/Low (Rs.) 3332.00/2169.00 Volume (2 wk.
More informationFor immediate release. i-flex posts robust 17% QoQ and 44% YoY growth in revenues for the quarter ended December 2004
For immediate release i-flex posts robust 17% QoQ and 44% YoY growth in revenues for the quarter ended December 2004 Operating Income grows 18% QoQ Net Profits for the quarter at Rs 45 crore grows 9% QoQ
More informationKalyani Steels Limited
Kalyani Steels Limited HOLD CMP: Rs.227.70 Date: 06 March, 2010 Key Ratios: Particulars FY09 FY10E FY11E OPM (%) 6.23 9.07 8.47 PAT Margin (%) 0.33 3.53 3.22 ROE (%) 0.64 7.17 6.70 ROCE (%) 3.91 8.60 8.25
More informationK.S.OILS LIMITED BUY SYNOPSIS. V.S.R. Sastry Vice President Equity Research Desk
K.S.OILS LIMITED BUY CMP: Rs.63.75. Date: 29 December,2009 Key Ratios: Particulars FY08 A FY09 A FY10E FY11E OPM(%) 12 12 14 14 NPM(%) 6 6 6 6 ROE(%) 19 18 18 18 ROCE(%) 24 18 22 23 P/BV(x) 5.54 1.94 2.12
More informationPeer Groups CMP Market Cap EPS P/E (x) P/BV(x) Dividend Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)
BUY CMP 2668.20 Target Price 2988.38 INFOSYS LIMITED Result Update: Q3 FY13 JAN 11 th, 2013 ISIN: INE009A01021 Stock Data Sector IT BSE Code 500209 Face Value / Div. Per Share 5.00 52wk. High / Low (Rs.)
More informationi-flex records 51 per cent growth in third quarter profits (YoY)
For Immediate Release i-flex records 51 per cent growth in third quarter profits (YoY) Nine months net profits under US GAAP grow by 102 per cent (YoY) FINANCIALS AT A GLANCE FOR THE QUARTER ENDED DECEMBER
More informationIBM and i-flex solutions form Global Strategic Alliance to help financial services industry cut costs, improve efficiencies
IBM and i-flex solutions form Global Strategic Alliance to help financial services industry cut costs, improve efficiencies 19-Nov-03 Rashmi New Orleans, November 19, 2003, Retail Delivery Show - IBM and
More informationInvestor Presentation. May 2013
Investor Presentation May 2013 MAHINDRA. A HISTORY OF RISING. We will challenge conventional thinking and innovatively use all our resources to drive positive change in the lives of our stakeholders and
More informationWIPRO LTD. Result Update: Q3 FY 12
WIPRO LTD. Result Update: Q3 FY 2 C.M.P: Rs.425.00 Target Price: Rs. 490.00 Date: Feb. 02 nd 202 BUY Stock Data: Sector: IT Face Value Rs. 2.00 52 wk. High/Low (Rs.) 490.5/30.20 Volume (2 wk. Avg.) 62000.00
More informationPerformance for the Second Quarter ended September 30, 2010
Performance for the Second Quarter ended September 30, 2010 S. Gopalakrishnan Chief Executive Officer and Managing Director S. D. Shibulal Chief Operating Officer and Director Safe Harbour Certain statements
More informationTCS Financial Results
TCS Financial Results Quarter II FY 2017-18 Oct 12, 2017 1 Copyright 2017 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationFinancial Results Meeting: FY Ended March 2018 (April 1, 2017 March 31, 2018)
Financial Results Meeting: FY Ended March 2018 (April 1, 2017 March 31, 2018) May 14, 2018 Contents Summary of Business Results for FY Ended March 2018, and Forecast for FY Ending March 2019 02 Financial
More informationCompany Research. Dr Reddy s Laboratories- BUY with a Target of Rs 1,962. Investment overview- Business Overview-
Date-16-07-2012 Dr Reddy s Laboratories- BUY with a Target of Rs 1,962 Investment overview- Shareholders Information Global Generics grew by 68% to Rs 70,243mn in FY12 from Rs 53,340mn in Fy11. Therefore
More informationHexaware s Q1 07 revenue up 50% y-o-y; Record highs in order book addition & client acquisitions
Hexaware s Q1 07 revenue up 50% y-o-y; Record highs in order book addition & client acquisitions Y-o-Y revenue growth of 50.1% to Rs.2643.69 mn (51.5% to $60.11 mn); Y-o-Y Profit after Tax up 35.2% to
More informationTATA Chemicals Ltd HOLD SYNOPSIS. V.S.R. Sastry Vice President Equity Research Desk
TATA Chemicals Ltd HOLD CMP: Rs.277.00 Date: February 25, 2010 Key Ratios: Particulars FY09 FY10E FY11E OPM (%) 16 22 19 NPM (%) 5 7 7 ROE (%) 16 14 14 ROCE (%) 28 27 23 P/BV(x) 1.37 1.17 1.01 P/E(x) 10.05
More informationQ4 PAT at Rs 377 crores, up 37% QoQ Annual revenue up 25% and PAT up 18%
Q4 PAT at Rs 377 crores, up 37% QoQ Annual revenue up 25% and PAT up 18% Press Release - Mumbai, India, May 21, 2013 Tech Mahindra, India s leading software exporter today announced audited consolidated
More informationFor personal use only
Integrated Research Limited (IRI) FY2017 Half Year Financial Results February 2017 ABN: 76 003 588 449 10 of the Top 10 US banks 120+ of the Fortune 500 6 of the Top 10 Automotive Companies 6 of the 10
More informationIntegrated Research Limited (IRI)
Integrated Research Limited (IRI) FY2017 Half Year Financial Results February 2017 ABN: 76 003 588 449 10 of the Top 10 US banks 120+ of the Fortune 500 6 of the Top 10 Automotive Companies 6 of the 10
More informationIT & ITeS AUGUST For updated information, please visit
1 Contents Advantage India Market overview and trends Growth drivers Opportunities Success story: Infosys Useful information 2 Advantage India Growing demand Strong growth in export demand from new verticals
More informationIT & ITeS MARCH For updated information, please visit
1 Contents Advantage India Market overview and trends Growth drivers Opportunities Success story: Infosys Useful information 2 Advantage India Growing demand Strong growth in export demand from new verticals
More informationTCS Financial Results
TCS Financial Results Quarter I FY 2017-18 July 13, 2017 1 Copyright 2017 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationBritannia Industries Ltd Result Update: Q4 FY 12
Britannia Industries Ltd Result Update: Q4 FY 12 C.M.P: Rs. 522.90 Target Price: Rs. 596.00 Date: June18 th, 2012 BUY Stock Data: Sector: FMCG Face Value Rs. 2.00 52 wk. High/Low (Rs.) 599.90/422.30 Volume
More informationQ1 FY19 Financial Update
Q FY9 Financial Update Salesforce NYSE: CRM @Salesforce_ir Safe Harbor "Safe harbor" statement under the Private Securities Litigation Reform Act of 995: This presentation contains forward-looking statements
More information16 July Results for Quarter I FY
Results for Quarter I FY 2007-08 Disclaimer Certain statements in this release concerning our future growth prospects are forward- looking statements, which involve a number of risks, and uncertainties
More informationEarnings Release for the Quarter ended September 30, 2013 Results
TAKE Solutions Ltd. Quarter ended September 30, 2013 Earnings Release Earnings Release for the Quarter ended September 30, 2013 Results Chennai, India Monday, November 11, 2013: TAKE Solutions, Ltd. [BSE:
More informationSQS India BFSI Investors Presentation
SQS the world s leading specialist in software quality SQS the world s leading specialist in software quality sqs.com Sqs-bfsi.com SQS India BFSI Investors Presentation Dr. Martin Müller Managing Director
More informationi-flex posts a 53% growth in Q1 revenue (YOY) and 51% growth in Q1 net profit (YOY) Product software accounts for 67% of Q1 revenue
For immediate release i-flex posts a 53% growth in Q1 revenue (YOY) and 51% growth in Q1 net profit (YOY) Product software accounts for 67% of Q1 revenue Quarter ending 30 June 2002 Results at a glance
More informationTechnology IT services
Technology IT services Yogesh Aggarwal* Analyst HSBC Securities and Capital Markets (India) Private Limited +91 22 2268 1246 yogeshaggarwal@hsbc.co.in *Employed by a non-us affiliate of HSBC Securities
More informationFinancial Results Meeting: The 1st 3 Months of FY Ending March (April 1, 2015 June 30, 2015)
Financial Results Meeting: The 1st 3 Months of FY Ending March 2016 (April 1, 2015 June 30, 2015) August 7, 2015 Contents Summary of Business Results for Three Months ended June 30, 2015, for FY Ending
More informationFull year 2014 results
Listen-only live audio webcast available from www.gemalto.com/investors Full year 2014 results March 5, 2015 Olivier Piou, CEO Jacques Tierny, CFO Disclaimer This communication does not constitute an offer
More informationMarch Company Description
March 2013 Company Description Jones Lang LaSalle Global real estate services Strategic, fully integrated services for real estate owners, occupiers and investors Productivity and cost solutions for corporate
More informationWipro Limited. July September Presentation to Investors 2014 WIPRO LTD
Wipro Limited July September 2014 Presentation to Investors 1 Safe Harbor This presentation may contain certain forward looking statements, which involve a number of risks, uncertainties and other factors
More informationFinancial Results Meeting: FY Ended March 2013
Financial Results Meeting: FY Ended March 2013 (April 1, 2012 - March 31, 2013) May 10, 2013 Kintetsu World Express, Inc. 0 Contents Summary of Business Results for FY ended March 31, 2013, and Forecast
More informationTech Mahindra Q2 PAT up 27% YoY
Tech Mahindra Q2 PAT up 27% YoY Revenue up 13% YoY and EBITDA up 46% YoY Q2 new deal wins of over US$ 550 mn Mumbai, October 30, 2018: Tech Mahindra Ltd., a specialist in digital transformation, consulting
More informationSEACOR SMIT ANNOUNCES FOURTH QUARTER RESULTS
February 26, 2004 SEACOR SMIT ANNOUNCES FOURTH QUARTER RESULTS HOUSTON--(BUSINESS WIRE)--Feb. 26, 2004--SEACOR SMIT Inc. (NYSE:CKH) announced a net loss for the fourth quarter ended December 31, 2003 of
More informationAimco Pesticides Limited
Aimco Pesticides Limited Date: 5 th January, 216 Stock Performance Details Shareholding Details September 215 Current Price : ` 47.75^ Face Value : ` 1 per share 52 wk High / Low : ` 82.9 / 3.9 Total Traded
More informationIntegrated Research Limited (IRI)
Integrated Research Limited (IRI) FY2017 Financial Results August 2017 ABN: 76 003 588 449 10 of the Top 10 US banks 125+ of the Fortune 500 6 of the Top 10 Automotive Companies Top Value Vendor 7 of the
More information2017 Half Year Results. 28 September 2017
2017 Half Year Results 28 September 2017 Disclaimer Restricted distribution This presentation is not for release, publication or distribution, in whole or in part, directly or indirectly, in, into or from
More informationQ1 PAT at INR 338 crore; up 22% YoY;
Q1 PAT at INR 338 crore; up 22% YoY; EBITDA at INR 330 Crore, up 37% YoY; EBIDTA margins at 21.4%, expand by 440bps QoQ Press Release Mumbai, India, August 9 th, 2012 Tech Mahindra, India s sixth largest
More informationS Chand And 2 Dec Company 2016 Limited
S. Chand And Company Limited Investor Presentation S Chand and Company Limited Financial Results Presentation Q4 & Full Year, FY 2016-17 June 12, 2017 S Chand And 2 Dec Company 2016 Limited Disclaimer
More informationFINANCIAL OVERVIEW MARTIN SCHROETER SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
FINANCIAL OVERVIEW MARTIN SCHROETER SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER Agenda 1 2 3 4 Portfolio Strategic Imperatives Core Portfolio Longer-term financial model Data, Cloud and Engagement
More informationR Systems Announces Record Revenues and Net Profits for Q and Calendar Year 2007
R Systems Announces Record Revenues and Net Profits for Q4 2007 and Calendar Year 2007 FY 2007: Revenues: Rs 247.1 Crores and Net Profits: Rs18.9 Crores Q4 2007: Revenues: Rs 64.7 Crores and Net Profits:
More informationIBM Business Perspective 2012
IBM Business Perspective 2012 Patricia Murphy Vice President, Investor Relations 2009 IBM Corporation Certain comments made in this presentation may be characterized as forward looking under the Private
More informationFinancial Discussion. James Kavanaugh Senior Vice President and Chief Financial Officer IBM
Financial Discussion James Kavanaugh Senior Vice President and Chief Financial Officer IBM 1 IBM 2018 Investor Briefing Our differentiated value proposition is driven by innovative technology, industry
More informationTanla Solutions Ltd. acquires Karix Mobile for
Tanla Solutions Ltd. acquires Karix Mobile for 340 Crore in a cash and stock transaction from GSO Capital Partners, a Blackstone Company: Combined entity to be India s leading Enterprise Cloud Communications
More informationEarnings Release for the Quarter ended December 31, 2013 Results
TAKE Solutions Ltd. Quarter ended December 31, 2013 Earnings Release Earnings Release for the Quarter ended December 31, 2013 Results Chennai, India Friday, January 31, 2014: TAKE Solutions, Ltd. [BSE:
More informationAnnual Stockholder Meeting
Annual Stockholder Meeting Jeff Henley Oracle Vice Chairman November 16, 2016 Copyright 2016, Oracle and/or its affiliates. All rights reserved. Safe Harbor Statement Statements in this presentation relating
More informationIn this presentation, I would like to provide an update on the progress we have made on our mid-term management strategy, for which we are in the
In this presentation, I would like to provide an update on the progress we have made on our mid-term management strategy, for which we are in the final year of the targeted period. 1 Today, I will cover
More informationFor personal use only
Integrated Research Limited (IRI) FY2016 Annual Financial Results August, 2016 ABN: 76 003 588 449 10 of the Top 10 US banks 120+ of the Fortune 500 6 of the Top 10 Automotive Companies 6 of the 10 biggest
More informationWIPRO LTD. BUY SYNOPSIS. C.M.P: Rs Target Price: Rs Date: May 15 th Share Holding Pattern. 1 Year Comparative Graph
WIPRO LTD. Result Update: Q4 FY 12 C.M.P: Rs. 404.00 Target Price: Rs. 456.00 Date: May 15 th 2012 BUY Stock Data: Sector: IT Face Value Rs. 2.00 52 wk. High/Low (Rs.) 452.50/310.20 Volume (2 wk. Avg.)
More informationBharat Forge Limited. Analyst/Investor Update
Bharat Forge Limited Analyst/Investor Update July 20, 2002 Financial Highlights Corresponding Quarter Analysis (April - June 2002 v/s April- June 2001) Total sales increased by 27% at Rs.1433.6 million.
More informationAPRIL 09, 2010 BUY MEDIUM RISK PRICE
APRIL 09, 2010 BUY MEDIUM RISK PRICE Rs.281 TARGET Rs.540 TECHNOLOGY SHARE HOLDING (%) Promoters 53.1 FII 0.4 FI / MF 2.3 Body Corporate 4.5 Public & Others 39.7 STOCK DATA Reuters Code Bloomberg Code
More informationIntegrated Research Limited (IRI)
Integrated Research Limited (IRI) FY2016 Half Year Financial Results February, 2016 ABN: 76 003 588 449 9 of the top 10 US banks 4 of the world s 10 largest companies 5 of the 10 biggest stock exchanges
More informationQuarter ended March 31, 2004
Quarter ended March 31, 2004 26 th April 2004 Q3 FY2004 Key Highlights Financial Highlights Revenue at Rs 6.47bn up by 8.9% in US dollar terms EBITDA up by 18% QoQ (in INR) EBITDA margin up 270bps, driven
More informationCISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL
CISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL August 9, 2005 2005, Cisco Systems, Inc. All rights reserved. 1 GAAP Reconciliation and Forward-Looking Statements GAAP RECONCILIATION During this presentation
More informationTCS Financial Results
TCS Financial Results Quarter III FY 2017-18 Jan 11, 2018 1 Copyright 2017 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationEarnings Release for the Quarter ended June 30, 2015
TAKE Solutions Ltd. Earnings Release for the Quarter ended June 30, 2015 Chennai, India Friday, August 07, 2015: TAKE Solutions Ltd. [BSE: 532890 NSE: TAKE], a leading global business technology company
More informationInvestment Community Conference Call. First Quarter, 2017 Earnings May 4, 2017
Investment Community Conference Call First Quarter, 2017 Earnings May 4, 2017 Use of Non-GAAP Financial Information Diebold Nixdorf has included non-gaap financial measures in this presentation to supplement
More informationConsolidated Financial Results for the Second Quarter of Fiscal Year Ending December 31, 2017 (Japan GAAP)
Note: This English translation is solely for reference purposes and not a legally definitive translation of the original Japanese text. In the event a difference arises regarding the meaning herein, the
More informationHCL TECH ANNOUNCES 33% YoY REVENUE GROWTH
NEWS RELEASE HCL TECH ANNOUNCES 33% YoY REVENUE GROWTH Growth trends continue across top line and bottom line Stake in HPS divested for Rs.4.8bn Second Quarterly dividend of 100% announced For immediate
More informationJefferies 2014 Global Healthcare Conference June 3, 2014 NYSE: Q
Jefferies 2014 Global Healthcare Conference June 3, 2014 NYSE: Q Copyright 2013 Quintiles Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking statements
More informationSunTrust 2015 Financial Technology, Business & Government Services Conference
SunTrust 2015 Financial Technology, Business & Government Services Conference New York November 12, 2015 1 Safe Harbor Statement The information provided in this presentation (both written and oral) relating
More informationTCS Financial Results
TCS Financial Results Quarter II FY 2018-19 October 11, 2018 1 Copyright 2018 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationINVESTOR PRESENTATION Q2, July- September
INVESTOR PRESENTATION Q2, July- September 2011-12 P u s h i n g t h e l i m i t s o f Po s s i b i l i t y Safe Harbor Certain statements in this release concerning our future growth prospects may be forward-looking
More informationSarda Energy & Minerals Ltd Management Meet Note 13th January 2010
Not Rated Price (INR) 297 Target (INR) NA Return (%) NA Beta (Sensex) 1.79 Market Data Mar Cap (INR Mn) 9,815 Enterprise Value (INR Mn) 15,967 Total Shares (Mn) 34 Avg Qtr Dly Vol (000's) 329 Shareholding
More informationTBR. HCL Technologies PROFESSIONAL SERVICES BUSINESS QUARTERLY SM INITIAL RESPONSE
PROFESSIONAL SERVICES BUSINESS QUARTERLY SM INITIAL RESPONSE HCL Technologies Third Calendar Quarter 2016 Second Fiscal Quarter 2017 Ended Sept. 30, 2016 Publish Date: Oct. 21, 2016 Author: Matthew O Blenes
More informationTCS Financial Results
TCS Financial Results Quarter IV & Year Ended FY 2017-18 April 19, 2018 1 Copyright 2018 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects
More information2014 First Quarter Business Review
2014 First Quarter Business Review (unaudited) April 24, 2014 2014 First Quarter Business Review Forward Looking Statements This presentation contains forward-looking information about 3M's financial results
More informationTCS Financial Results
TCS Financial Results Quarter I FY 2016-17 July 14, 2016 1 Copyright 2014 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationThe company is confident of achieving its target of guidance of Rs. CMP: 90. Company is planning to have a buy back of FCCB.
Jamnadas Khushaldas Shares & Stock Broker Pvt Ltd ULJK Securities Pvt Ltd Institutional Research. Initiating Coverage Information Technology 09th Feb, 2009 Management Note : Recommendation: Buy The company
More informationInvestor Update Q Mar 2015
Passionate Employees Innovative Services Investor Update Q1 2015 Mar 2015 Delighted Customers Hexaware Technologies. All rights reserved. www.hexaware.com Safe harbor statement Certain statements on this
More informationKelly Services, Inc. Northcoast Research Investor Meetings. June 21-22, 2017
Kelly Services, Inc. Northcoast Research Investor Meetings June 21-22, 2017 Safe Harbor Statement This release contains statements that are forward looking in nature and, accordingly, are subject to risks
More informationDisclaimer Forward-Looking Statements Industry and Market Data Non-GAAP Financial Information
Disclaimer Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the Securities Act of 1933, as amended (the Securities Act ), the Securities Exchange Act
More informationTHE GLOBAL HOUSE OF PRESTIGE BEAUTY FABRIZIO FREDA PRESIDENT AND CEO THE ESTÉE LAUDER COMPANIES ANNUAL STOCKHOLDERS MEETING
THE GLOBAL HOUSE OF PRESTIGE BEAUTY FABRIZIO FREDA PRESIDENT AND CEO THE ESTÉE LAUDER COMPANIES ANNUAL STOCKHOLDERS MEETING NOVEMBER 11, 2016 FORWARD-LOOKING INFORMATION THE FORWARD-LOOKING STATEMENTS
More informationObjects of the Issue
Recommendation Not Rated Background Price Band Rs. 256 261 Bidding Date Book Running Lead Manager Registrar Sector 24 th Aug 26 th Aug ENAM Securities, Antique Capital, Equirus Link Intime India Pvt Limited
More informationQ1 FY18 RESULTS. AXISCADES Engineering Technologies Limited CIN NO : L72200KA1990PLC084435
Q1 FY18 RESULTS AXISCADES Engineering Technologies Limited CIN NO : L72200KA1990PLC084435 Disclaimer Certain statements in this communication may be considered as forward looking statements within the
More informationInfosys Technologies (NASDAQ: INFY) Announces Results for the Quarter ended June 30, 2009
Infosys Technologies (NASDAQ: INFY) Announces Results for the Quarter ended June 30, 2009 Q1 revenues declined by 2.9% year on year; sequentially grew by 0.1% Bangalore, India July 10, 2009 Highlights
More informationMitel Networks. Canaccord Genuity 34 th Annual Growth Conference. August 14, 2014
Mitel Networks Canaccord Genuity 34 th Annual Growth Conference August 14, 2014 SAFE HARBOR STATEMENT Forward Looking Statements Some of the statements in this presentation are forward-looking statements
More informationL&T Technology Services Ltd
Sector : Engineering Research &Development 8th May,2018 CMP (INR) (As on 07/05/2018) 1294.8 Target (INR) 1646 Upside(%) 27% Recommendation Strong Buy BSE Code 540115 NSE Code Reuters Ticker Bloomberg Ticker
More informationFinancial Results for 1H Fiscal Year Ending March 31, 2019
Financial Results for Fiscal Year Ending March 31, 2019 October 30, 2018 NEC Corporation (https://www.nec.com/en/global/ir) 1 NEC Corporation 2018 Index Ⅰ. Financial Results for, Ⅱ. Financial Forecasts
More informationIBM REPORTS 2011 SECOND-QUARTER RESULTS
IBM REPORTS 2011 SECOND-QUARTER RESULTS o Diluted EPS: - GAAP: $3.00, up 15 percent; - Operating (non-gaap): $3.09, up 18 percent; o Revenue: $26.7 billion, up 12 percent, up 5 percent adjusting for currency;
More informationLovable Lingerie Ltd. - IPO Note
Lovable Lingerie Ltd. - IPO Note Issue Details Issue Date March 08, 2011 March 11, 2011 Issue Size Rs.887-933mn Price Band Rs.195-205 FV Rs.10 Fresh Issue 4.55 mn equity shares QIB 50 % Non Institutional/HNIs
More information