CORPORATE FORECAST: ITC
Article Abstract:
ITC Ltd posted a net profit of Rs504.29 crore in 1997-98 against a consensus of Rs654.24 crore by research houses. The company has declared a net profit of Rs169.8 crore in the first quarter of 1998-99. Birla Marlin Securities has predicted that the company will give an earnings per share (EPS) of Rs21.7 in 1998-99 while ICICI Securities predicts an EPS of Rs27.7. Morgan Stanley India has predicted an EPS of Rs28.5 while Warburg Dillon Read of the US has predicted an EPS of Rs27.3 for the company in 1998-99. (khr)
Comment:
ITC Ltd posted a net profit of Rs504.29 crore in 1997-98 against a consensus of Rs654.24 crore by research houses.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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CORPORATE FORECAST: NESTLE
Article Abstract:
Research houses have predicted a consensus net profit of Rs98.10 crore for Nestle India in 1998-99 against its net profit of Rs71.28 crore in 1997-98. SMIFC Securities has predicted that the company will post a net profit of Rs134.53 crore in 1998-99 while Birla Marlin Securities has predicted a net profit of Rs128.70 crore. Cazenove India forecasts that the company will give an earnings per share (EPS) of Rs7.1 in 1998-99 while Warburg Dillon Read of the US predicts an EPS of Rs10.1. (khr)
Comment:
Research houses have predicted a consensus net profit of Rs98.10 crore for Nestle India in 1998-99 against its net profit of Rs71.28 crore in 1997-98.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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CORPORATE FORECAST: ACC
Article Abstract:
Although Associated Cement Companies (ACC) reported a loss in 1997-98 none of the research firms in India expect the company tonnes declare a loss in 1998-99. HSBC Securities has projected that ACC will post a net profit of Rs10.1 crore in 1998-99 while ICICI Securities has projected that it will declare a net profit of Rs139.9 crore. The general consensus is that ACC will declare a net profit of Rs51.3 crore in 1998-99, which gives an earnings per share of Rs38.2. (khr)
Comment:
Although Associated Cement Companies (ACC) reported a loss in 1997-98 none of the research firms in India expect the company tonnes declare a loss in 1998-99.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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