Wednesday, October 28, 2009

Abt Q2 - 2009 Result

Q2 results are coming out in full swing. Sales has increased bwn 4-6%, net profit has increased by 13-17% so far.

It is neither giving great comfort nor pushing the analysts into confusion. It can be read as "flat" as the stock prices raised significantly over past 6 months.

Pharma, IT, Auto, PSU bank sector stocks have managed to beat the street expectatations broadly when compared to other sectors.'s quality of updation of result flow failed miserably this quarter. Example some 150 companies have given their result today and you look at the site... hardly 50 updates so far. They better do something productive.

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