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Godrej Consumer Products has declared its consolidated results for the quarter ended June 2008 (Q1). The company\'s Q1 consolidated net profit was at Rs 39.1 crore versus Rs 38.6 crore.

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At 12:45 pm, Cipla was quoting at Rs 226.90, down Rs 4.85, or 2.09%. It has touched an intraday high of Rs 235.05 and an intraday low of Rs 226.25. Cipla, Ranbaxy may have to pay fines to the tune of Rs 1500 crore for overcharging customers on pricecontrolled medicines,reports The Economic Times.

Pratibha Industries has declared its results for the quarter ended June 2008 (Q1). The company\'s net profit was at Rs 11.61 crore versus 6 crore.

At 12:33 pm, ITI was quoting at Rs 39, up Rs 1.40, or 3.72%. It has touched an intraday high of Rs 40.30 and an intraday low of Rs 36. The stock has gained 50% in last 7 trading sessions. It was trading with volumes of 1,023,557 shares, compared to its fiveday average of 274,699 shares, an increase of 272.61%.

Vishal Retail has touched a 52week low of Rs 375. At 12:11 pm, the share was quoting at Rs 375, down Rs 15.05, or 3.86%. It was trading with volumes of 15,425 shares. Yesterday the share closed down 2.80% or Rs 11.25 at Rs 390.05.

At 11:57 am, Gateway Distriparks was quoting at Rs 86.40, up Rs 1.70, or 2.01%. It has touched an intraday high of Rs 89.80 and an intraday low of Rs 83.95. The company board has approved buyback upto 10% equity at maximum of Rs 110 per share, reports CNBCTV18. It was trading with volumes of 512,517 shares.

State Bank of India, SBI is to announce its first quarter numbers. According to CNBCTV18 estimates, the bank is expected to post 8.35% degrowth in its Q1 net profit of Rs 1306.8 crore as against Rs 1425.9 crore in same period of last year.

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