Thursday, May 5, 2011

Market Daily -- 5th May 11

4.  Bharti Airtel 4Q Net Profit INR18.38 Bln
 Bharti Airtel 4Q Unconsolidated Net Profit INR18.38 Bln Vs INR21.30 Bln
 Bharti Airtel 4Q Unconsolidated Sales INR98.29B Vs INR89.12B
 Bharti Airtel 4Q Consolidated Net Profit INR14.01B Vs INR20.45B
 Bharti Airtel 4Q Consolidated Net Profit INR14.01B Vs INR20.44B As Per IFRS
 Bharti Airtel 4Q Consolidated Sales INR162.66B Vs INR107.49B
Analysts Saw Bharti Airtel Net Profit At INR16.62 Bln As Per International Accounting Standards 
Bharti Airtel 4Q Staff Costs INR9.53B Vs INR4.55B 
Bharti Airtel 4Q Other Income INR388M Vs INR214M

3. StarHub Target Price Raised To S$2.60 VS S$2.30 By Nomura

2. Starhub Target Price Cut To S$2.31 From S$2.35 By Credit Suisse

1. The Dow Jones industrial average .DJI lost 83.93 points, or 0.66 percent, to 12,723.58. The Standard & Poor's 500 Index .SPX fell 9.30 points, or 0.69 percent, to 1,347.32. The Nasdaq Composite Index .IXIC dropped 13.39 points, or 0.47 percent, to 2,828.23