Power Up Your Portfolio

Three good stocks from the power sector—outside the expensive, obvious names. Analysis by ML Research Desk

The power sector is hot, for good reasons. India will remain power-hungry for decades and this demand will translate into a steady cash flow for Indian power companies. But you must be careful about what you buy. Most large standalone power companies are expensive. Many of them have...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital Access

Subscribe

Moneylife Magazine Subscriber or MAS member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • Men at Work

    With an order book worth Rs2,400 crore and growing fast, Pratibha Industries is a good infrastructure play

    Pratibha Industries (PIL) is into design, engineering and construction of water transmission & distribution (T&D) projects, water treatment plants, reservoirs, mass housing projects, commercial complexes, pre-cast design & construction, road construction and real estate. Pratibha Pipes &...

    Premium Content
    Monthly Digital Access

    Subscribe

    Already A Subscriber?
    Login
    Yearly Digital Access

    Subscribe

    Moneylife Magazine Subscriber or MAS member?
    Login

    Yearly Subscriber Login

    Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • BSE's Q2 revenues up Rs140.50 crore; net declines marginally

    The exchange, which is gearing up for its listing, posted higher average daily turnover during the second quarter

    The Bombay Stock Exchange (BSE), Asia's oldest stock exchange, has said that its second quarter net profit declined marginally despite a 35% jump in total revenues. According to media reports, BSE is preparing for a listing and expects to cut its dependence on revenues from cash trading over the next two years.

    For the quarter to end-September, BSE said its net profit declined 4% to Rs55.50 crore from Rs57.80 crore while total revenues rose to Rs140.50 crore from Rs103.60 crore, for the same period last year.

    For the first half of FY10, the exchange's total revenues increased to Rs256.20 crore. During FY09, BSE reported total revenues of Rs421.10 crore.

    BSE said that during the second quarter, its average daily turnover rose to Rs6,024 core from Rs5,186 crore a year ago.

    Revenues from BSE's trading members scaled up to Rs39 crore during the September quarter which in the corresponding previous quarter stood at Rs35.40 crore.

    The Exchange spent more on IT-related expenses as its expenditure on computer technology more than doubled to Rs21.80 crore from Rs10.80 crore last year in the same quarter. The earnings per share for the quarter stood at Rs4.70 as against Rs5.37 last year.

    During the second quarter, the Exchange's paid-up share capital stood at Rs10.30 crore as against Rs0.80 crore a year ago. The reserves of the Exchange stand at Rs1,717.95 crore as on March 2009.

    The exchange, which earns almost all its revenue on the trading side from the cash equity market, is looking to win over investors by offering better technology and products across asset classes.
     

  • Like this story? Get our top stories by email.

    User

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 3 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)