Saturday, January 26, 2008

Wockhardt Hospitals IPO Subscription on Jan 31, 2008 to Feb 05, 2008

Wockhardt Hospitals IPO price band has been fixed at Rs. 280 to 310 per share and Face Value : 10 rs.Wockhardt Hospitals is likely to emerge as the market leader since its much bigger in sheer balance sheet size when compared to Apollo Hospitals and Fortis Healthcare. Wockhardt Hospitals Limited is a part of the Wockhardt Group which already has two group companies listed and traded on the Indian stock markets. Wockhardt Hospitals IPO Subscription closes on Tuesday, February 05, 2008. Post IPO, Wockhardt Hospitals Limited will be listed on both the NSE and the BSE. Wockhardt Hospitals IPO Subscription Details and Wockhardt Hospitals IPO Allotment Status will be available here Hence do keep checking this space often.

12 hospitals at Mumbai, Bangalore, Hyderabad, Kolkatta and Nagpur, Surat and Rajkot. Several new hospitals / facilities are in the pipeline.

Annual Trends (Rs. in crore)

Year Ends (Months)2007/03/122006/03/122005/03/122004/03/12
Equity Capital50.0050.0025.006.00
Reserves & Surplus21.305.76-8.62-9.93
Operating Income236.48158.68129.1082.25
Operating Profit39.2128.2521.6411.67
Other Income0.220.490.130.08
Reported PAT15.5414.371.31-8.66
OPM (%)16.5817.816.7614.19
NPM (%)6.569.021.01-10.52
EPS (Rs.)3.112.870.52-14.44
Return on Networth21.7925.778.010

Ashok Leyland Q3 Net Up 14% In Sales

Ashok Leyland Ltd., the flagship of Hinduja Group and India's second biggest bus and truck maker. announced financial results for the third-quarter ended December 31, 2007, reporting higher net profit on marginal increase in sales, backed by higher proportion of fully built vehicles as also larger volumes in engines and spares sales.

The Chennai-based company posted third-quarter net profit of Rs.120.22 crores, up 14% from Rs.105.26 crores in the third-quarter of 2006.

The company's net sales during the quarter increased marginally to Rs.1,800.08 crores from Rs.1,775.59 crores in the year-ago quarter. Other income during the quarter, helped by sale of shares in IndusInd Bank Ltd., was Rs.43.70 crores, compared to Rs.6.35 crores in the prior year quarter.

Nine Months Results
For the first nine months, the company's net profit increased 7% to Rs.288.74 crores from Rs.269.77 crores for the comparable period a year-ago. Total income rose 6% to Rs.5,229.51 crores from Rs.4,931.08 crores in the corresponding period last year.

BSE Code : 500477 NSE Code : ASHOKLEY Industry : Auto - LCVs/HCVs

 
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