Invest In India » NTPC

India Co. loss over Rs 28,000 crore

Ziaulla Namani — Mon, 07 Nov 2011 02:15:58 +0000

Seven of the top 10 Indian companies have lost more than Rs 28,000 crore in their market capitalisation in just a week’s time, and Coal India was the hardest hit with a loss of over Rs 7,000 crore.

The seven companies witnessed whopping drop of Rs 28,960 crore in their combined valuations amid a weak market which saw the 30-scrip benchmark Sensex losing 1.36 per cent.

“It is a highly volatile market because of eurozone crises. Stocks are reacting to their September quarter numbers and on any negative cue stocks are getting hammered, which in turn is impacting their market capitalisation,” Ashika Stock Brokers Research Head Paras Bothra said.

But three companies — Bharti Airtel, NTPC and SBI — defied the broader market trend and witnessed improvement in their market capitalisation totalling to Rs 7,324 crore.

Commenting on these three stocks, Bothra said Bharti Airtel and NTPC surged after their September quarter results beat street expectations. While, SBI which has been beaten down quite sharply in the recent past saw buying activity at lower levels. Besides, the stock is also on an uptrend ahead of its results, Bothra said.

There was no change in the rankings of the top 10 listed companies, market leader RIL retained the top slot, while state-owned ONGC was the second most valued company, followed by country’s largest software services exporter TCS.

State-owned Coal India was the fourth most valued company, followed by ITC, Infosys, Bharti, NTPC, SBI and HDFC Bank.

State-owned Coal India, which is facing drop in output, saw its market valuation falling from Rs 2,13,524 crore as on October 28, to Rs 2,06,134 crore as on Friday.

RIL was the second worst hit in terms of market valuation as it lost Rs 6,024 crore and its m-cap as on November 4 stood at Rs 2,88,001 crore.

Source – Agencies

Investors gain 1.5 lakh crore

Ziaulla Namani — Sat, 29 Oct 2011 05:14:29 +0000

A strong rally in the stock market, the biggest in the last two months, today added an estimated Rs 1.5 lakh crore to the investors’ wealth.

The market benchmark Sensex today surged by 515.97 points, the biggest one-day gain since August 29, when it had soared by 567.50 points.

In the process, the total investor wealth, measured in terms of cumulative market value of all listed stocks, soared to Rs 62,64,794 crore, from Rs 61,26,291 crore before the trading commenced this morning.

This was the first trading session on Indian bourses after Diwali, a festival of wealth and prosperity.

The markets were closed yesterday, while a brief muhurat (inaugural) trading was conducted on Diwali day on August 26, when the Sensex posted a modest gain of 34 points.

The 30-share index today settled at 17,804.80 points, as bluechips like ICICI Bank, RIL, L&T, HDFC, Tata Motors and HDFC Bank posted smart gains.

This is the biggest closing level in nearly three months since the Sensex closed at 17,940.55 points on August 3.

About half of the total gains registered today in the investor wealth was contributed by the 30 Sensex companies.

The total market value of 30 Sensex stocks today rose by about Rs 80,000 crore to Rs 29,40,420 crore, mostly with contributions from companies like Reliance Industries, ICICI Bank, ONGC, Coal India and HDFC.

In percentage terms, the biggest gainers were Hindalco, Sterlite, DLF, Jaiprakash Associates, Jindal Steel, Tata Motors, ICICI Bank, Tata Steel, L&T, Bhel, ONGC, HDFC, RIL, Coal India and NTPC.

Maruti, Bharti Airtel and Bajaj Auto were the only three Sensex stocks that ended in the negative

territory.

Source – PTI

©2009 Copyright by Invest In India

Mayhem of Indian stock Market

Ziaulla Namani — Sat, 27 Aug 2011 10:52:14 +0000

Indian stock market’s meltdown has drained away Rs. 250,000 crore from investors.

The effect of the meltdown was such that even the stocks of the large industrial conglomerates came under pressure and was down. The down fall of the stock market has wiped off over Rs. 2.5 lakh crore from investors wealth.

In market slump, the investors wealth on Friday fell about Rs 1, 22,000 crore.

Out of loss of Rs 2, 55,000 crore , nearly Rs 1,10,000 crore has been lost in the shares of 30 Sensex companies.

Market valuation of all 30 Sensex companies now stands at Rs 26, 69,703 crore, while that of all listed companies on the BSE is Rs 58, 17,227 crore.

RIL’s share on Friday fell by 4.6 per cent, while losses were even higher for Tata Steel.

Coal India, SBI, Tata Power, Hindalco, Maruti, ITC, Wipro, Sterlite Industries, NTPC and Tata Motors were also hit by the stock market slump.

All 13 sectoral indices on the BSE were in the red.

Companies from Anil Ambani group were among the biggest losers.

In Tata group also, shares of almost all the companies ended lower on Friday.

ONGC replaced Mukesh Ambani-led Reliance Industries as the country’s most valued firm.

©2009 Copyright by Invest In India

Performance of Indian PSUs

Ziaulla Namani — Sun, 27 Feb 2011 06:12:14 +0000

The Financial year is about to end; hence let us check how the Indian PSUs have performed.

If we scanned the list of top 10 profit making PSUs, we find that ONGC has retained top position on the coveted list of 10 profit-making PSUs.

ONGC, the country’s largest oil and gas producer, earned a net profit of Rs 16,785 crore, while Air India’s losses mounted to Rs 5,614.29 crore.

Indian Oil Corporation , helped by decline in expenditure, moved to the second rank among the top 10, pushing down power major NTPC to the third position, said the Public Enterprises Survey.

In the previous survey, IOC was ranked eighth. “Although its total income declined to Rs 2.8 lakh crore in the last fiscal from 3.09 lakh crore in 2008-09, its net profit increased to Rs 10,220.5 crore from Rs 2,949.55 crore mainly due to reduction in its expenditure,” it said.

Maharatna company SAIL was fourth on the list of best performing PSUs, while BHEL ranked fifth. Coal India came down to sixth position, from fifth in the earlier ranking.

NMDC and Gail took seventh and eighth positions, respectively.

The Power Finance Corporation , made entry into the coveted club at 10th position, while South Eastern Coalfields was pushed out of the list.

Among the loss making PSUs, Air India was at the top. Air India was the biggest loss-making state firm on the list of worst performers during the 2009-10 fiscal, says a government survey.

Others firms making big losses included telecom majors MTNL and BSNL; Hindustan Photo Films Manufacturing, Fertiliser Corporation of India and Hindustan Cables.

More From investinindia

39 Indian companies make to Forbes ‘Best Under A Billion’ Asia list

Valuation of Indian firm to rise

Tata, the best Indian brand

investinindia Recommends

page rank of 2 (Chad Nicely)

Various Types of Business Marketing (Small Business Advice For Today's Economy!)

Ask investinindia To Recommend Your Posts

©2009 Copyright by Invest In India

Overseas investments in India on the rise

Malvika — Tue, 22 Feb 2011 12:56:07 +0000

PTI news has reported that the foreign investors are increasingly reposing their faith and money in PSUs, with as many as nine public sector firms including Coal India, PowerGrid Corp and NTPC, recording an increase in FII holdings over recent months.

According to an analysis of 11 public sector units that came out with initial share sales in the past two years, nine companies saw an increase in their FII shareholdings in the quarter ended December, 2010, vis-a-vis the September quarter.

Central transmission utility PowerGrid saw an over seven-fold jump in FII shareholding to 12.05 per cent in the quarter ended December 31, 2010, from 1.65 per cent in the September quarter. Coal India witnessed a two-third increase in FII shareholding in two months to 5.54 per cent at the end of the December, 2010.

SMC Global Equity Head Jagannadham Thunuguntla said, “PSUs are generally known for their strong balance sheet, even enjoy virtual monopoly in some of the sector and they have got government blessing. These are some of the reasons which make FIIs comfortable in investing in such entities.”

He further said most of the PSUs come out a lower price band for their initial stake sales than private sector companies.

NTPC saw its FII shareholding climb to 3.36 per cent in the quarter ended December from 2.85 per cent in the September quarter. FIIs’ shareholding in Shipping Corp rose to 2.32 per cent in the quarter from 1.98 per cent in the September quarter.

FII’s stake in Rural Electrification Corporation (REC), is far more than in other PSUs, although the increase is to 21.22 per cent in the December quarter from 20.4 per cent in the previous quarter.

Apart from companies that have already come out with their initial share sale, ONGC and IOC, which are slated to come out with two big-ticket FPOs in 2011, have also witnessed an increase in FII shareholding.

©2009 Copyright by Invest In India

Six of top-10 firms lose over Rs 42,000 crore this week

Malvika — Sun, 12 Dec 2010 11:58:51 +0000

Press Trust of India has reported that the combined market capitalisation (m-cap) of six of the country’s top-10 firms went down by Rs 42,791 crore during the past week, with two of the country’s top lenders, SBI and ICICI Bank, bearing the maximum loss.

Amid a weak stock market, which fell by 458 points, or 2.29 per cent, last week, the market valuation of State Bank of India also declined by Rs 21,256.29 crore to Rs 1,73,768.19 crore as on Friday’s trade. Similarly, private sector lender ICICI Bank too saw its m-cap diminishing by Rs 7,385.32 crore to Rs 1,28,343.91 crore.

During the last week, SBI’s scrip plunged 10.89 per cent, while ICICI’s tanked by 5.44 per cent on the Bombay Stock Exchange.

Among the top-10 firms, RIL , ONGC, Infosys Technologies and NTPC led the gainers front, while SBI, ICICI, TCS, Coal India , ITC and Bharti Airtel emerged as losers in the list which is decided as per their market capitalisation.

Top private telco Bharti Airtel also saw its valuation eroding by Rs 5,639.31 crore to Rs 1,25,659.94 crore.

IT major TCS too lost Rs 3,933.97 crore from its m-cap which stood at Rs 2,10,467.5 crore.

With an m-cap of Rs 2,00,039.12 crore, coal behemoth CIL witnessed an erosion of Rs 3,537.16 crore from its valuation.

FMCG honcho ITC also lost Rs 1,039.36 crore from its kitty to take its m-cap to Rs 1,30,919.79 crore.

More From investinindia

FIIs make net investment of Rs 15,281.60 crore in Indian Stock Market in May 09

Sensex may touch 30,000 points in next copule of years

Indian firms earn Rs. 6 lakh per employee

investinindia Recommends

My first week at The Search Agency pt 1 (Josh S Peters)

Various Types of Business Marketing (Small Business Advice For Today's Economy!)

Ask investinindia To Recommend Your Posts

©2009 Copyright by Invest In India

Companies that gain from the India – US Nuke Deal

Tushar Mathur — Thu, 10 Jul 2008 18:20:39 +0000

Here are the companies that stand to gain when the India-US nuke deal goes through.

L&T
L&T has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 MW Kudankulam nuclear project. The company will get into mainstream nuclear projects if the deal goes through. L&T’s talks with Toshibha failed. It entered into a recent tie-up with Mitsubishi for super critical boilers. The Mitsubishi technology would be used for Nuclear Power Corp. L&T may leverage its relationship with Mitsubishi for its other nuclear business.

BHEL
BHEL supplies up to 500 MW of equipment to Nuclear Power Corp. It is looking for a tie up manufacturing equipment of up to 700 MW & 1500 MW. The company has been in talks with Alstom, GE Energy, Russia’s LMZ and Siemens. It has an existing tie-up with Siemens for nuclear technology.

NTPC
The company is in talks with Nuclear Power Corporation of India. It is looking at setting up 2000 MW nuclear plant. He is In talks with GE Energy for technology and fuel. NTPC is looking at the project to be operational by 2012-2013.

Areva T&D
Areva T&D is looking at a plant for uranium mining and recycling. The plant would be set up after nod from Nuclear Power Corp.

Alstom Projects
The company already makes nuclear reactors and rotors. Its parent company is a world leader in conventional nuclear projects. It makes turbines for nuclear power stations. It supplies steam turbines to over 30% of nuke power stations globally.

Rolta
The Rolta-Stone and Webster joint venture competent provides reactor-building technology. It will leverage on its partner’s core competency. Stone & Webster’s parent has 20% in Westinghouse Electric, a nuclear reactor maker.

Gammon has undertaken turnkey construction for nuclear projects.

HCC
HCC has constructed four of seven nuclear power projects in India. It is an EPC contractor for nuclear projects.

ABB
ABB makes components for power projects. Its parent company’s exposure includes new nuclear power plants, systems and components. The parent company’s exposure includes fuel services, waste management and decommissioning.

Crompton Greaves
Crompton Greaves works with Nuclear Power Corporation of India. It has completed a switchyard for nuclear project.

Walchandnagar Industries makes critical equipment for India’s nuclear power facilities.

Siemens has a marginal exposure through its parent company.

Reliance Energy plans to invest additional Rs 12,000 crore in nuclear power capacity. It plans to install 2000 MW of nuclear power capacity.

Tata Power has tied up with some major nuclear equipment suppliers like Areva. It already has a relationship with Toshiba; it will leverage on it

Image Source: http://www.topnews.in

©2009 Copyright by Invest In India