Speciality Chemicals manufacturer, Omkar Speciality Chemicals has reported a whopping 61 per cent (yoy) rise in its net profits to Rs 4.78 crore for the quarter ended March 2012

The Indian equity markets may extend yesterday’s gains and open positive. The SGX Nifty is trading up by 43 points at 4,925, indicating a gap up opening to the markets today.

As expected by us, inflation in terms of the consumer price index (CPI) for the month of April 2012 came in double-digits at 10.36 per cent as compared to 9.38 per cent in the month of March 2012.

Andhra Petrochemicals (APL), a leading manufacturer of oxo-alcohols in India, has reported loss of Rs 2.43 crore in the recent quarter ended 2012, burdened by the pressure of a rise in the cost of raw materials.

Indian equity markets may open sideways with a negative bias. The SGX Nifty is trading down by 9 points at 4889 indicating a flattish gap down opening to markets today.

Fine dining restaurant chain operator Speciality Restaurants (SPL) has managed to get over subscribed by 2.54x, indicating that the investor fraternity has given it a fair response.

As per the data available on the NSE website, the offer of Speciality Restaurants has managed to cough up a mere 2 per cent response from the investor fraternity.

Indian equity markets give up yesterday’s marginal gains and open negative. The SGX Nifty is trading down by 85 points at 4757 indicating a gap down opening to markets today.

Indian equity markets cut back its losses and open positive. The SGX Nifty is trading up by 25 points at 4869 indicating a gap up opening to markets today.