In your interest.
Online Personal Finance Magazine
No beating about the bush.
Market is indifferent to the September quarter results of most companies. We have downgraded some stocks
Software and IT services companies in our list came up with a mixed performance. Tata Consultancy Services (TCS) was up 18%; Infosys rose 15%; Satyam was up 15%; Tata Elxsi rose 1% and Wipro was up 6%. While Omnitech Infosolutions and HCL Technologies were up 9% each, Tech...
Market pessimism shows in steep price declines, despite better September quarter results
Lupin, one of our A-graded companies, posted a 13% growth in operating profit and 8% growth in sales for the September quarter over the corresponding period last year. The stock went up 6%. Among the B-graded stocks, Oracle Financial Services reported that its operating profit declined 13% even...
For those who read the signals, the warnings were all there, in the pages of MoneyLIFE
In the less than three years that MoneyLIFE has been around, India’s economy and stock market have been on a roller-coaster ride. The economy was powering ahead backed by a lot of speculative inflows from abroad. We saw a huge meltdown in June 2006, a powerful rally thereafter, a sideways market in the...