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We attended Aventis Pharma – APL’s recent annual general meeting (AGM). The management indicated that its focus will be on the domestic formulations business, with rural and OTC segments as the key growth drivers. APL is likely to incur some extra expenditure for establishing its presence in these segments. In CY09, APL launched 15 new [...]
Tagged as: Aventis Pharma, Free Share Tips, Motilal Oswal, Pharma Sector
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NTPC reported FY10 provisional net profit of Rs86b (up 6% y-o-y), v/s our estimate of Rs87.8 billion. Reported net profit includes several extra-ordinaries (Prior period tariff arrears, FERV adjustments, etc) and thus we await further details on the full year numbers to derive at adjusted profit. PLF for coal based power projects has declined from [...]
Tagged as: Free Share Tips, Motilal Oswal, NTPC, Power Sector
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