Sumans_Fan
Baccha
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« on: January 31, 2008, 07:15:08 PM » |
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Ispat Industries-Back In Red. Get The Heck Out Of This Stock
Pramod Mittal's management needs to be back-patted after all irrespective of the Steel Cycle his company consistently reports losses and the Sebi and exchanges allow people to speculate in junk stocks by adding them to the FNO list.
Ispat Industries Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:
The Company has posted a net loss of Rs 360.00 million for the quarter ended December 31, 2007 as compared to net profit of Rs 175.20 million for the quarter ended December 31, 2006.
Total Income has increased from Rs 18795.60 million for the quarter ended December 31, 2006 to Rs 21956.80 million for the quarter ended December 31, 2007.
By Rajiv Handa
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