Stock Alerts - May 29 2012

On a consolidated basis, Coal India's net profit fell 4.91% to Rs 4013.41 crore on 31.91% growth in total income to Rs 21746.94 crore in Q4 March 2012 over Q4 March 2011. Net profit jumped 36.07% Rs 14788.20 crore on 26.95% growth total income to Rs 69952.33 crore in the year ended March 2012 over the year ended March 2011. Net profit of Engineers India rose 15% to Rs 190.34 crore on 29.5% increase in net sales to Rs 1225.31 crore in Q4 March 2012 over Q4 March 2011. The company's board has recommended a final dividend of Rs 4 per share for the financial year ended March 2012. On a consolidated basis, net profit of Fortis Healthcare jumped 41.34% to Rs 41.54 crore on 206.12% surge in total income to Rs 1,388.57 crore in Q4 March 2012 over Q4 March 2011. Tata Motors, ONGC, Steel Authority of India and Power Grid Corporation of India will announce their FY 2012 results today, 29 May 2012. Sun Pharmaceuticals Industries will announces its Q4 March 2012 results today, 29 May 2012. Steel Authority of India (Sail) has signed a 50:50 joint venture agreement with Burn Standard Company (BSCL) at Kolkata for setting up a Wagon Components Manufacturing Facility at the premises of BSCL at Jellingham, Purba Medinipore district, in West Bengal, with a capacity to produce 10,000 bogies and 10,000 couplers per annum. The estimated capital outlay for the project is about Rs 200 crore. Welspun Corp, a large diameter pipe manufacturer, said it has received orders worth Rs 2070 crore from international and domestic markets. "Welspun Corp has won pipes and plates orders worth Rs 2,070 crore from international and domestic market. With the addition of these orders, the current order book of the company stands at Rs 7,447 crore," the company said in a statement. Over and above Welspun has internal plate orders valued at Rs 311 crore, it said. NMDC net profit declined 21.74% to Rs 1642.28 crore in the quarter ended March 2012 as against Rs 2098.62 crore during the previous quarter ended March 2011. Sales declined 31.20% to Rs 2593.65 crore in the quarter ended March 2012 as against Rs 3769.75 crore during the previous quarter ended March 2011. Mcleod Russel India reported net loss to Rs 157.39 crore in the quarter ended March 2012 as against net loss of Rs 122.94 crore during the previous quarter ended March 2011. Sales rose 13.62% to Rs 252.55 crore in the quarter ended March 2012 as against Rs 222.27 crore during the previous quarter ended March 2011. 3M India net profit declined 23.07% to Rs 21.77 crore in the quarter ended March 2012 as against Rs 28.30 crore during the previous quarter ended March 2011. Sales rose 25.12% to Rs 395.74 crore in the quarter ended March 2012 as against Rs 316.29 crore during the previous quarter ended March 2011. DCM net profit rose 310.44% to Rs 18.47 crore in the quarter ended March 2012 as against Rs 4.50 crore during the previous quarter ended March 2011. Sales rose 1.45% to Rs 73.42 crore in the quarter ended March 2012 as against Rs 72.37 crore during the previous quarter ended March 2011. Trent net profit rose 116.52% to Rs 19.53 crore in the quarter ended March 2012 as against Rs 9.02 crore during the previous quarter ended March 2011. Sales rose 20.98% to Rs 183.02 crore in the quarter ended March 2012 as against Rs 151.28 crore during the previous quarter ended March 2011. Indoco Remedies net profit rose 3.04% to Rs 12.53 crore in the quarter ended March 2012 as against Rs 12.16 crore during the previous quarter ended March 2011. Sales rose 22.60% to Rs 147.66 crore in the quarter ended March 2012 as against Rs 120.44 crore during the previous quarter ended March 2011. Fertilizers & Chemicals Travancore reported net profit to Rs 38.24 crore in the quarter ended March 2012 as against net loss of Rs 35.24 crore during the previous quarter ended March 2011. Sales rose 19.73% to Rs 802.89 crore in the quarter ended March 2012 as against Rs 670.58 crore during the previous quarter ended March 201