WIPRO

Wipro Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:
The results for the Quarter ended March 31, 2007The Company has posted a net profit of Rs 8189 million for the quarter ended March 31, 2007 as compared to Rs 6575 million for the quarter ended March 31, 2006. Total Revenues has increased from Rs 35469 million for the quarter ended March 31, 2006 to Rs 38744 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007The Company has posted a net profit of Rs 28421 million for the year ended March 31, 2007 as compared to Rs 20205 million for the year ended March 31, 2006. Total Revenues has increased from Rs 103796 million for the year ended March 31, 2006 to Rs 139527 million for the year ended March 31, 2007.The Consolidated results are as follows:The consolidated results for the Quarter ended March 31, 2007The Group has posted a net profit of Rs 8561 million for the quarter ended March 31, 2007 as compared to Rs 6179 million for the quarter ended March 31, 2006. Total Revenues has increased from Rs 31132 million for the quarter ended March 31, 2006 to Rs 43331 million for the quarter ended March 31, 2007.
The consolidated results for the Year ended March 31, 2007The Group has posted a net profit of Rs 29421 million for the year ended March 31, 2007 as compared to Rs 20674 million for the year ended March 31, 2006. Total Revenues has increased from Rs 106258 million for the year ended March 31, 2006 to Rs 150008 million for the year ended March 31, 2007.

SATYAM COMPUTER RESULT'S

Satyam Computer Services Ltd has announced the following Audited results for the quarter & year ended March 31, 2007: The results for the Quarter ended March 31, 2007 The Company has posted a profit after taxation of Rs 3975.00 million for the quarter ended March 31, 2007 as compared to Rs 2899.00 million for the quarter ended March 31, 2006. Total Income has increased from Rs 12875.20 million for the quarter ended March 31, 2006 to Rs 17784.00 million for the quarter ended March 31, 2007. The results for the Year ended March 31, 2007 The Company has posted a profit after taxation of Rs 14232.30 million for the year ended March 31, 2007 as compared to Rs 12397.50 million for the year ended March 31, 2006. Total Income has increased from Rs 50122.20 million for the year ended March 31, 2006 to Rs 64100.80 million for the year ended March 31, 2007.

Know about a no-delivery period, ex-dividend date, ex-date.

Know about a no-delivery period.
No-delivery period means during a perticular period , any investor should not buy that perticular share/security for delivery purpose.Whenever a company announces a book closure or record date, the Exchange sets up a no-delivery (ND) period for that company's share/security. During this period only trading is permitted in the security. However, these trades are settled only after the no-delivery period is over. This is done to ensure that investor's entitlement for the corporate benefit is clearly determined.

Ex-dividend date.

The date on or after which a share/security begins trading without the dividend (cash or stock) included in the contract price.

Ex-date.

The first day of the no-delivery period is the ex-date. If there is any corporate benefits such as rights, bonus, dividend announced for which book closure/record date is fixed, the buyer of the shares on or after the ex-date will not be eligible for the benefits.
Learn about book-closure/record date.

Book closure and record date is to know more exactly the shareholders of a company as on a given date.Book closure mean's closing of register of the names or investors in the records of a company. Companies announce book closure dates from time to time. The benefits of dividends, bonus issues, rights issue accruing to investors whose name appears on the company's records as on a given date, is known as the record date.

Any investor might purchase a share-cum-dividend, cum rights or cum bonus and may therefore expect to receive these benefits as the new shareholder. In order to receive this, the share has to be transferred in the investor's name, or he would stand deprived of the benefits. The buyer of such a share will be a loser. It is important for a buyer of a share to ensure that shares purchased at cum benefits prices are transferred before book-closure. It must be ensured that the price paid for the shares is ex-benefit and not cum benefit.
What is a contract note?
It is a note that describes the rate, date, time at which the trade was transacted (i.e. selling or buying in share's) and the brokerage rate. A contract note issued in the prescribed format establishes a legally enforceable relationship between the client and the member in respect of trades stated in the contract note. These are made in duplicate and the member and the client both keep a copy each. A client should receive the contract note within 24 hours of the executed trade.

Know about stock Exchange


Know about Stock Exchange

A place/platform where buyers and sellers come together to transact in stocks and shares. It may be a physical entity where brokers trade on a physical trading floor via an "open outcry" system or a virtual environment.
Now day's it work's through electronic trading system.

In Electronic trading Brokers can trade from their offices, using fully automated screen-based processes. All their workplaces are connected to a Stock Exchange's central computer via satellite using Very Small Aperture Terminus (VSATs)/Bolt system. The buying/selling orders placed by you through your brokers reach the Exchange's central computer and are matched electronically.

Stock Exchanges in India.

1) BSE i.e. Mumbai /Bombay stock Exchange .
2) NSE i.e. National Stock Exchange (NSE).
are the country's two leading Exchanges. There are 20 other regional Exchanges, connected via the Inter-Connected Stock Exchange (ICSE). The BSE and NSE allow nationwide trading via their VSAT systems.

Learn about share's


In finance a share is a unit of account for various financial instruments including stocks, mutual funds, limited partnerships, and REIT's.

In simple Words, a share or stock is a document issued by a company, which entitles its holder to be one of the owners of the company. A share is issued by a company (i.e. Primary market)or can be purchased from the stock market(i.e. Secondarymarket).

How to buy or sell the shares ?
There are licensed members called brokers to process every transaction in the stock exchange .
To trade in shares, you have to approach a broker or sub-broker to open an account called Demat Account. Most stock exchange brokers deal in very high volumes, but for small investors these brokers have a network of sub-brokers who provide them with orders.

The general investors should identify a sub-broker for regular trading in shares and palce his order for purchase and sale through the sub-broker. The sub/broker will transmit the order to his broker who will then execute it .

By owning a share you can earn a portion and selling shares you get capital gain. So, your return is the dividend plus the capital gain. Sometime's you also run a risk of making a capital loss if you have sold the share at a price below your buying price.
Owning a stock or a share means you are a partial owner of the company, and you get voting rights in certain company issues Investments in stocks can generate returns through dividends, even if the price is low or high.