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 |