28 December 2006
TEC MINDRA
we will expect 20 to 40 % up in net profit for next quater as per the news we have from some reliable sources that many funds enterd in that stock with traget of 2134 so soon we see that traget on the screen the good time to enter in stock one can earn good so enter that stock will full of confidence dsp marinlich will book profit near 1834 one can book 25% profit here. here iam also giving list of some our holiding one can invest with full of confidence soon 10% return on the corner.
Company Sales (rs cr.) PAT (rs cr.) Market Cap (rs cr.)
Infosys Technologies Ltd. 9,028.00 2,421.00 125,283.48
Tata Consultancy Services Ltd. 11,230.50 2,716.87 116,972.06
Wipro Ltd. 10,227.12 2,020.48 87,110.01
Satyam Computer Services Ltd. 4,634.31 1,239.75 32,208.78
HCL Technologies Ltd. 3,032.92 638.38 20,103.78
History
YEAR EVENTS 2000 - Mahindra-British Telecom, a 60:40 joint venture between the Mahindra group and British Telecom, shareholders approved a proposal to raise funds through an initial public offer and an employee stock option plan.
- The Company proposes to raise funds through an initial public offer.
- The Company and Silicon Automation Systems Ltd (SASL) has forged a strategic alliance to develop solutions and product markets using the wireless application protocol (WAP).
- The Company's IPO is proposed to be of 53,18,633 No. of equity shares with a face value of Rs 2 each, at a price to be determined in accordance with SEBI guidelines for the fully book-built route.
2001 - Mahindra-British Telecom and the US-based Rockwell Electronic Commerce have entered into a 5-year strategic alliance and set-up a offshore software development centre in the city involving total capital cost of $4.5 million. - Software firm Mahindra-British Telecom plans to lay off 300 employees, or about a tenth of its workforce, a company spokesman told Reuters on September 25.
2004
-Gets Intellectual Property Rights (IPR) for the optical planning and design solution that formed part of Marconi's Netscient Software product suite - a trademark brand acquired by Marconi in 2001
-Mahindra British Telecom (MBT), the telecom software joint venture between the Mahindra Group and British Telecommunications Plc (BT) has announced the appointment of Premchand as chairman of TeleManagement Forum's New Generation Operations Systems and Software (NGOSS) Security Team.
-Mahindra British Telecom (MBT) has signed a solutions partner agreement with UK-based Cramer, a major player in inventory-powered back office automation for telecom service providers
-MBT has joined three International Systems Security Engineering Association (ISSEA) as its corporate member
-Mahindra British Telecom (MBT), the IT services provider to the telecom industry, has signed a global partnership agreement with Netegrity , provider of identity and access management solutions
2005
-MBT launches new software for language conversion
-Cyclone Commerce join hands with MBT
2006
-Tech Mahindra's IPO shares will be priced between Rs 315 and Rs 365 a share. The offer will open on August 1 and close on August 4. The company plans to raise up to Rs 465 crore through the issue, which offers 12.75 crore shares for sale. The company had reached critical mass and it had decided that the time was right for the offer.
-The initial public offering (IPO) of Tech Mahindra, a joint venture between Mahindra and Mahindra Ltd and British Telecommunications PLC, was subscribed 1.26 times on the first day of the issue.
-Motorola joins hand with Tech Mahindra to form CanvasM Tech Mahindra reports Rs 177cr net profit in Q2 10/19/2006
Tech Mahindra has posted a consolidated net profit of Rs 177 crore for the second quarter of the current fiscal five times the corresponding year-ago figure of Rs 37.4 crore, or 373 per cent higher. The profit increase for the quarter was driven by higher revenues - up by 180 per cent, at Rs 698 crore (Rs 247 crore), and aided by a tax refund of Rs 33.9 crore
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by erectusplus at 14:23:00 |
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