Archive for February, 2009

  CMP Rs203 Target price Rs244 Net sales slightly above expectations at Rs36.9bn led by strong 18% yoy growth in HPC and 17% growth in foods segment. Higher adspend and staff cost restricts margin expansion. EBIT margins in the personal products segment witnessed sharp 250bps improvement. Strong revenue growth coupled with higher other income drives...

Bharat Petroleum Corporation Limited (BPCL) is one of the largest Indian PSU company. The primary industry of the company is petroleum. Main products from the entity include oil & LPG. The headquarters are situated at Mumbai, India. The company has a huge employee bas of more than 18,000 people. Both refining & retailing of...