What is Profit Margin?

Net profit divided by net revenues, often expressed as a percentage. This number is an indication of how effective a company is at cost control. The higher the net profit margin is, the more effective the company is at converting revenue into actual profit. The net profit margin is a good way of comparing companies in the same industry, since such companies are generally subject to similar business conditions.

NSE Market Review [14-18 mar, 2011]

"The NSE-ASI closed at 24,378.72-4.7% (+0.9% in the previous week). Volume for the week was a cumulative 1.102 billion shares (1.91 billion shares in the previous week)"

Despite the NSE-ASI being down -4.7% this week there are a few key milestones to note. The week saw the highest number of transactions in a single day for the year at 12,424 on March 15, 2011. It was also interesting that the only positive day in the week was also the same day the presidential debates were held.

Company Focus: Glaxo Smithkline Consumer PLC

Glaxo Smithkline Consumer PLC was incorporated in 1971. The shares of the company are held 46.4% by GlaxoSmithKline plc UK through its wholly owned subsidiaries, Setfirst limited and Smithkline Beecham Limited (both incorporated in the UK); and 53.6% by Nigerian shareholders.