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Godrej Industries Q3 net up eight times at Rs 44 cr
Diversified business conglomerate Godrej Industries today reported an eight-fold jump in its net profit at Rs 43.80 crore for the quarter ended December 31, 2009, over the year-ago period.

LIC, HDFC Life miss rural obligations
The state-owned insurance giant Life Insurance Corporation of India (LIC) and private sector insurer HDFC Standard Life missed out on rural sector obligations during 2008-09. While two non-life insurers, Bharti Axa General Insurance and Apollo DKV, did not meet both the rural as well as the social sector obligations during the last financial year.

News of the day

Rupee gains 15 paise at 46.09/$ in early trade
The rupee today appreciated by 15 paise to 46.09 a dollar in early trade on sustained capital inflows into stock markets.
Management

FII-TO-FII TRADES: PNB traded at 6% premium

Trades between FIIs generated a volume of Rs 57 crore on the BSE Tuesday-an decrease of 13.67% from Rs 67 crore clocked on Monday. As many as six stocks witnessed trades of 5.36 lakh shares on Tuesday. - FIIs net sold Rs 272 crore in F&O on Wednesday - Tata Power"s net profit up, but less than expected - Amfi may drop plan to launch MF platform - NSE not averse to self-listing: Ravi Narain - Religare Enterprises Q3 net dips 52% to Rs 21 cr - FIIs net sellers of Rs 362 cr in cash mkt today Punjab National Bank was traded at highest premium of 5.80% on BSE with 99,874 shares changing hands at Rs 973.05 as against the spot price of Rs 919.75. Scrip FII Close* FII shares# Spot Close@ Premium To spot price % BSE Punjab Nat Bank 973.05 99874 919.75 5.80 Pantaloon Retail 450.00 30200 426.10 5.61 Grasim Ind 2827.90 54392 2721.70 3.90 Bank of India 396.00 186640 388.55 1.92 Maruti Suzuki 1420.85 130926 1419.80 0.07 NSE Maruti Suzuki 1419.80 33949 1419.30 0.04 * FII-Close is the closing price of the scrip under FII-to-FII trades # FII-Shares is the total number of shares traded under the FII-to-FII trades @ Spot close price is the closing price in the cash market Pantaloon Retail (India) was traded at second highest premium of 5.61% on BSE with 30,200 shares changing hands at Rs 450 as against the spot price of Rs 426.10.


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