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The capital goods companies (excluding L&T) have announced orders worth Rs 14,500 crore for Q4FY19, down 55 percent YoY
Net Sales are expected to decrease by 40.8 percent Y-o-Y (up 34.2 percent Q-o-Q) to Rs. 2,958 crore, according to KR Choksey.
A spurt of loan defaults and lower net interest income in the three months that ended June triggered the second consecutive drop in quarterly profit for SBI, sending its shares to their lowest since December 2011
Suzlon Energy's fourth quarter net loss plunged to Rs 1,913 crore, compared with Rs 300 crore loss a year ago, sending the stock crashing to a new low of Rs 12.35 on NSE.
Suzlon Energy shares plunged over 12 percent on Friday morning as the street slammed the wind turbine maker's third quarter results. Losses in Oct-Dec rose four-fold to Rs 1,155 crore, while total income slipped 20 percent to Rs 4,048 crore.
Suzlon Energy, world's fifth largest turbine supplier, is set to announce its results for the third quarter of financial year 2012-13 on Thursday. According to CNBC-TV18 poll, consolidated net loss of the company is expected to increase to Rs 307 crore in the quarter from a loss of Rs 286 crore in a year ago period.
Wind turbine supplier Suzlon Energy is likely to report consolidated net loss of Rs 200 crore in the second quarter of current financial year as against profit after tax of Rs 48 crore in the corresponding quarter of last fiscal.
Prabhudas Lilladher has come with its June quarterly earning estimates for capital goods sector. According to the research firm, capital goods companies are expected to grow by 3.5% YoY in Q1FY13.
Prabhudas Lilladher has come out with its earnings estimates on Suzlon Energy for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 8% at Rs 7,961 crore, Year-on-Year (YoY) basis.
Prabhudas Lilladher has come with its March quarterly earning estimates for capital goods sector. As per the research firm, the end of tightening cycle and meaningful reforms will be the key for the sector to move from underperformance to outperformance.
KRChoksey has come with its quarterly earning estimates for Infrastructure sector.
KR Choksey has come out with its earning estimates on infrastructure sector for the quarter ended June 2011. According to the research firm, Suzlon's June quarter sales are expected to go up by 84% at Rs 4,415 crore, year-on-year, (YoY) basis.
Jigar Shah of Kimeng Sec India, in an interview with CNBC-TV18's Mitali Mukherjee and Sonia Shenoy, spoke about his reading of the market and provided his outlook on stocks of companies, which have posted their respective fourth quarter earnings results for the fiscal year.
Prabhudas Lilladher has come out with its earning estimates on capital goods sector for the quarter ended March 2011. According to the research firm, Suzlon Energy March quarter sales are expected to go up by 23% at Rs 7581.2 crore, year-on-year, (YoY) basis.
KRChoksey has come out with its earning estimates on Infrastructure sector for the quarter ended March 2011. According to the research firm, Suzlon March quarter sales are expected to go up by 5% at Rs 6409 crore, year-on-year, (YoY) basis.
KRChoksey has come out with its earning estimates on infrastructure sector for the quarter ended December 2010. According to the research firm, Suzlon Energy December quarter sales are expected to go down by 10% to Rs 5,020 crore, Year-on-Year, (YoY) basis.