Stock Picking - Art Or Science

If there is one Legal way to Become Rich early, it is by Investing in Stocks and Real Estate. In this Blog you will not see general news which are available at numerous sites, instead u will get filtered news and opinions which matter. Many a times some small but important news were overlooked because of simultaneous big event, I try to put all those news in my Blog. The Home Page shows posts of only last 10 days. To see all the posts click on the month in the Archive section.

Thursday, November 02, 2006

McDowell - Three Cheers

McDowell Net Zooms Ten Times For Sep 2006 Qtr

McDowell and Company has reported a jump in net profits by 10.88 times at Rs 667.60 million for the quarter ended September 30, 2006 as compared with Rs 56.20 milloin for the corresponding quarter of the year ended September 30, 2005. The net sales of the company more than doubled at Rs 7534.9 million for the current quarter as compared with Rs 3076.7 million for the quarter ended September 30, 2005. The total income rose to Rs 7540 million for the current quarter as compared with Rs 3067.7 million for the corresponding quarter in the previous year. The earnings per share (EPS) stood at Rs 7.07 for the current quarter as compared with Rs 1.09 for the corresponding quarter previous year.

McDowell and Company had earlier changed its name to United Spirits. McDowell and Company (MDCL) is the spirits division of the UB Group. The company`s products include whisky, brandy, rum, gin, wine, vodka and other white spirits. It manufactures liquor and beer in several locations.

Labels: McDowell, United Spirits

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