STOCKS


Moneylife Digital Team 30 October 2012
We have been warning that the market indices are in an intermediate downtrend. Unless the Nifty manages to close above 5630 tomorrow, we may see the index moving down The market closed sharply lower on the status quo maintained by the RBI on interest rates. Today the Nifty hit a low of...

Read More



Moneylife Digital Team 30 October 2012
The chemical specialty small-cap stock delivered strong topline but high interest rates dented its net profit   Balaji Amines, a specialty chemicals company, reported solid second quarter sales. Its net sales grew 21% year-on-year (y-o-y), to Rs126.01 crore (up from Rs104.17 crore...

Read More



Moneylife Digital Team 29 October 2012
The Poddar-owned company has weathered economic difficulties quite well by managing to keep sales steady and finance costs down     Siyaram Silk Mills, known for its upscale suiting range and premium garments, has posted decent net sales and net profit considering an otherwise...

Read More



Moneylife Digital Team 29 October 2012
Higher depreciation, increased finance cost and higher salaries led to a drastic drop in the bottomline of Yuken India, a parts and ancillary manufacturer Yuken India, a parts and ancillary manufacturing company, has reported abysmal results for the quarter ended 30 September 2012. Its...

Read More



MDT/PTI 29 October 2012
BHEL reported nearly 10% decline in net profit at Rs1,274.5 crore for the second quarter Mumbai: Shares of state-run BHEL on Monday fell over 6% wiping off Rs3,672 crore in investor wealth after the state-owned company reported nearly 10% decline in net profit for the quarter ended...

Read More



Moneylife Digital Team 29 October 2012
Kotak Institutional Equities fears investments in ‘traditional’ sectors, such as power, roads and telecom, to dry up quickly as the government and banks struggle to obtain finance required to lend to businesses   In their new strategy note to clients, Kotak Institutional Equities...

Read More



Moneylife Digital Team 29 October 2012
Will the RBI rate review help in reversing the slow downturn? The market managed a flat close with a positive bias on the back of a smart recovery in the last hour. All eyes will now focus on the Reserve Bank of India’s monetary policy review, which takes place tomorrow. Today the...

Read More



Daily volatility is now the second-lowest since 2004. A big move coming? The stock market-players seem clueless. The daily movements in the Sensex and the Nifty have narrowed down markedly. While there is some intra-day volatility; the daily volatility is the lowest ever. From 10th...

Read More



MDT/PTI 29 October 2012
Analysts say the number companies with a market cap of $1billion and above have increased with an uptrend in the broader market, where the benchmark Sensex has gained around 21% so far in 2012   New Delhi, Oct 28 (PTI) The coveted league of the companies with billion-dollar market...

Read More



Moneylife Digital Team 27 October 2012
Medium term outlook shows a downward bias     The Indian market settled marginally down in the holiday-shortened week on subdued global cues and with most of the companies coming out with not-so-impressive corporate results. The slowing economic growth—not only in India, but across...

Read More



Moneylife Digital Team 26 October 2012
The bias remains downward for the medium-term The market closed in the red on disappointing earnings reports and global concerns. Today the Nifty moved in a narrow range of 5,642 and 5,697 and closed in the negative, making the lowest closing in the past six days (including today). The...

Read More



Moneylife Digital Team 26 October 2012
The fast moving consumer goods company has shown that consumer spending is resilient despite a challenging environment    Hindustan Unilever (HUL), one of the biggest fast moving consumer goods company in the country, has posted yet another solid quarter. Its sales grew by 12%...

Read More



Moneylife Digital Team 26 October 2012
Pratibha Industries, a company focused on water projects, has posted strong 43% growth in sales while it is aiming to diversify further Pratibha Industries, a mid-cap infrastructure and EPC company, has reported strong earnings result for the quarter ended 30 September 2012. The company...

Read More



Many investors, especially senior citizens who continue to hold shares in physical form are struggling to have them converted into dematerialised form or are finding it difficult to claim bonus shares and split shares when such corporate action happens. The numbers are huge.   More...

Read More



MDT/PTI 26 October 2012
ICICI Bank's second quarter net profit rose due to 35% jump in net interest income and robust trading revenues, which grew to Rs172 crore from Rs21 crore, same period last year   Mumbai: ICICI Bank on Friday said its July- September quarter net profit jumped over 30% to a record...

Read More



MDT/PTI 26 October 2012
Net NPAs of Punjab National Bank jumped to Rs7,883.43 crore from Rs2,088.51 crore in the year ago period while its NPA provisioning jumped 257% to Rs1,140 crore during the July-September quarter New Delhi: State-owned Punjab National Bank (PNB) on Friday reported a 11.6% drop in net...

Read More



MDT/PTI 26 October 2012
Macquarie Bank sold 11.12 lakh shares or its 0.59% stake out of 2.35% stake in Karnataka Bank at an average price of Rs135.2 per share    Mumbai: Investment services provider Macquarie Bank has reduced its stake in Karnataka Bank by offloading over 11 lakh shares of the private sector...

Read More



MDT/PTI 26 October 2012
RBS bought these shares from ABN Amro Bank through various bulk deals by paying over Rs407 crore    Mumbai: Royal Bank of Scotland (RBS) has bought about 2.5 crore shares in 19 companies including Adani Enterprises, HCL Infosystems and Infosys for a little over Rs407 crore from ABN...

Read More



MDT/PTI 26 October 2012
While Kotak Mahindra Bank's total revenues increased over 47%, its net interest margin declined to 4.7% from 4.8% same period a year ago   Mumbai: Kotak Mahindra Bank reported a 16% rise in consolidated net profit at Rs502 crore in the second quarter ended 30th September on the back...

Read More



Moneylife Digital Team 25 October 2012
Mahindra & Mahindra, a market leader in the utility vehicle segment, came out strong by posting healthy sales and profit figures despite a very challenging economic climate   Mahindra & Mahindra (M&M), one of the largest utility vehicles manufacturers in India, reported strong...

Read More

Free Helpline
Legal Credit
Feedback