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ITC shuts cigarette units on uncertainty over warnings

ITC: Lack of positive triggers
Despite posting slightly better-than-expected results for the quarter ended March 31, in which ITC Ltd saw a substantial reduction in loss of the non-cigarette fast-moving consumer goods (FMCG) business, its stock ended lower by 0.75 per cent at Rs 231.75 on Friday against a flat market. While the stock's outperformance in recent months could be one reason, the Street also seems to get a feeling that

Wockhardt: Scaling new highs

At a time when equities, currencies and commodities are losing ground, Wockhardt's stock has delivered amazing returns which are praiseworthy given that, not long ago, the company was in the doldrums.

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Testing times ahead for BHEL

Despite better-than-expected results posted by engineering giant BHEL, analysts do not see any major respite for its share price. This is because structural issues in terms of slowdown in new

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Weak outlook for Nalco

Nalco’s stock has seen high volatility during FY12, trading between 52-week high of Rs 94 (June 2, 2011) and 52-week low of Rs 48 (November 24). While international aluminium prices have been

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New advertising norms will impact broadcasters

According to last week’s new norms by the Telecom Regulatory Authority of India (Trai), broadcasters cannot carry advertisements for more than 12 minutes in one clock hour (including two

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SBI: Are happy days here again?

The big daddy of banking, State Bank of India (SBI), is back in business. India’s largest lender has announced a stunning set of fourth quarter numbers — its profit after tax in this

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