My Random Rantings

Random Thoughts & Reflections

19 March 2007

My Quote in DNA Money

Being quoted once again ... this time in DNA Money today

Fourth-quarter results expected to be robust

MUMBAI: If the weak-kneed markets are looking for support, here's one: Consensus estimates for India Inc's fourth quarter (Q4) results - due in April and May - show that analysts are bullish on most sectors and sector leaders.
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The consensus is equally bullish on the power sector, which is expected to churn out improved figures for Q4. However, Q4 may not be as good as Q3 for the power sector. Consider: bottomlines of power industry leaders jumped up during Q3 because of tax refunds and that will surely not happen in Q4. Says Emkay Share's power analyst Mehul Mukati: "However, Reliance Energy should report higher profits for Q4 because of other income."
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Here is the full article.

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