Educomp – Denies Satyam like shares pledging

Educomp Solutions held a conference call to clarify on press reports. Mr Shantanu Prakash, Chairman & Managing Director, addressed the call. Highlights of the call None of the shares of the Company are pledged. The Company to announce a large ICT deal in next few days. The Company would be calling for presentation from Big … Read more Educomp – Denies Satyam like shares pledging

Vishal Retail Megamart – Leans on franchisees for expansion

Vishal Retail came out with the financial performance for the quarter ended December’08 and held a tele conference call on 21st December’08 to discuss the performance as well as future course of actions. Highlights of the call Standalone net sales for the quarter ended December 2008 reported a growth of 24% to Rs 355.45 crore … Read more Vishal Retail Megamart – Leans on franchisees for expansion

Wipro – No Wage Hike for American Staff

Wipro held its conference call to discuss the third quarter of FY2009 and future prospects. Mr Azim Premji, Chairman alongwith others addressed the call. Highlights of Call The Company is seeing pricing pressure from clients. The margins would be maintained in narrow range going forward. The IT services segment dipped 0.9% at US$ 1100.1 million. … Read more Wipro – No Wage Hike for American Staff

Dr Reddy’s Laboratories – Banks on Product Innovation

Dr Reddy’s Laboratories declared the results for the quarter ended December’08 and held a tele conference call on 20th January 2009 to discuss the same and its future growth strategies. The key takeaways from the meet are as follows: Financial Performance The consolidated total operating income reported growth of 49% to Rs 1846.32 crore for … Read more Dr Reddy’s Laboratories – Banks on Product Innovation

Hindustan Zinc – Cash Rich at Rs 220 / Share

Hindustan Zinc (HZL) held its conference call on 21st January 2009 post announcing its results for third quarter ended December 2008. M S Mehta, CEO, along with other senior management members, addressed the call and discussed the business developments and future plans of the company. Highlights of the concall The net revenue of the company … Read more Hindustan Zinc – Cash Rich at Rs 220 / Share

Geometric Software – No new Clients due to slowdown

Geometric Software held a conference call on 20th January 2009 to discuss third quarter ended December 2008 performance and future prospects. Dr Ravi Gopinath, MD & CEO, with other management members, addressed the call. Highlights of the call For the quarter ended December 2008, Geometric reported 7% sequential growth in operating revenues at Rs 163.08 … Read more Geometric Software – No new Clients due to slowdown