HOT STOCK NEWS

* NTPC : Cabinet approves stake sale to raise Rs 86bn from 5% dilution

* TCS : Q2 PAT Rs 16.4bn v/s 12.7bn (JMFe 15.3bn, street Rs 15.1bn), sales
+6.9% @ Rs 74.4bn (JMFe 73.69bn).. gets 2 large deals from Indian states, 2
large deals for e-governance project.. CFO says Cos order book as healthy as
"pre Lehman days", has enough orders to grow for 2-3 yrs

* RELIANCE IND / RELIANCE NATURAL RES : hearing on the ongoing gas dispute
begins in the Supreme Court today

* CEMENT : CMIE states cement pxs expected to weaken during remain period of

Container Corporation of India
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Price: Rs1145 Target Price (Sept 10): Rs1,152

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* EBITDA margin declined due to lower import throughput
(TEUs): Concor reported Net sales of Rs9.59 bn against the estimate
of Rs 9.50 bn. EBITDA margin declined to 26.4% with lower imports
witnessed in Q2 FY10 quarter (see exhibit for export-import
throughput), resulting in reduction of ground rent. Also competitions
from private operators in the domestic routes lead to jockeying for
market share by way of price reduction, leading to decline in margins.