My Quote for the Day

Wednesday, April 9, 2008

ADVANCE TAX NUMBERS FOR MARCH 2008

Watch out for the Q4 results. Corporate advance tax payments for Q4 suggests, earnings will be surprising. Expect an uptrend in the market in this week, as the IT giants get ready for their Q4 results disclosure but at the same time be cautioned with the kind of guidance they are likely to propose for the coming quarters.

ADVANCE TAX NUMBERS FOR MARCH 2008 – Rs. In Crores

Company Name

Jan-Mar 2008

Jan-Mar 2007

Ambuja Cements

170

100

Bank of India

191

150

Bank of Baroda

220

50

BPCL

240

275

Castrol

46

24

Central Bank of India

221

-

Dena Bank

50

10

HDFC Bank

250

165

ICICI Bank

250

125

Indian Hotels

44

2

IndusInd Bank

19

12

Larsen & Toubro

170

80

Mahindra & Mahindra

116

83

MRPL

100

20

Reliance Industries

443

118

SBI

1418

690

Tata Chemicals

90

65

Tata Motors

75

190

Tata Power

43

-

TCS

115

20

Tech Mahindra

-

6

Tata Steel

300

350

UltraTech Cement

155

110

Union Bank

130

100