STOCKS


Moneylife Digital Team 28 May 2014
There are many approaches to stock investing, one of the most popular being value investing. The basic idea is to identify stocks that are undervalued. For this, several methods are used, some simple and others complex. We follow a certain formula which has worked well for both, the Street...

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Moneylife Digital Team 27 May 2014
The market indices will not easily breakout on either side of the current range without major policy measures    The Indian market on Tuesday opened in the negative and moved in a range. For the entire session indices traded in the negative and the BSE 30-share Sensex closed in the...

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Moneylife Digital Team 27 May 2014
During FY14, Somany Ceramics reported lower net profit due to 26% increase in its power and fuel costs. The company shares hit its 52-week high on Tuesday    Somany Ceramics, the Noida-based tiles manufacturer posted lower full year net profit despite robust growth in its sales mainly...

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Moneylife Digital Team 26 May 2014
Nifty will consolidate at the current level and move up only on strong policy impetus   The Indian market opened Monday sharply higher and moved in a narrow range until 2pm. However, it then started giving up gains and suffered a major plunge in the last hour when it crashed giving...

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Moneylife Digital Team 26 May 2014
For FY14, Suven Life Sciences reported 367% higher net profit of Rs144.2 crore due to 98% growth in its sales   Suven Life Sciences Ltd, a Hyderabad-based biopharmaceutical company,  posted 4.68 times higher net profit due to robust sales growth.    For the 12 month to...

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Moneylife Digital Team 26 May 2014
For FY14, Divis Laboratories reported higher net profit to Rs773 crore on higher exports to North America and Europe   Divis Laboratories, an active pharmaceutical ingredients (APIs) and inetermediates manufacturer, posted higher full year net profit due to robust sales growth and...

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Moneylife Digital Team 26 May 2014
For FY14, City Union Bank reported net profit of Rs347 crore as its net interest income grew 22%   City Union Bank Ltd reported higher net profit in FY2013-14 mainly on increase in its net interest income (NII) and revenues.    For the 12 month to end-March,  City Union Bank...

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As suggested two issues back, shares of public sector undertakings have shot up. Some of them are still far below their all-time highs   The article I had written for this section on 25th April (15 May 2014 issue) was titled “Modi-fied PSUs”. I had put it as plainly as possible: If...

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Moneylife Digital Team 24 May 2014
Nifty will steadily drift upwards on reform measures   The BSE 30-share Sensex closed the week that ended on 23rd May, at 24,693 (up 572 points or 2.37%), while the NSE’s 50-share Nifty closed at 7,367 (up 164 points or 2.28%) for the week. We had mentioned in our last week’s report...

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Moneylife Digital Team 23 May 2014
The overbought rally continues with expected reforms    Indian market on Friday opened well in the positive and started trending higher. At around 1.00pm, the indices traded close to the intra-day low, but managed to make a quick recovery and hit the day’s high at the end of the...

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Moneylife Digital Team 23 May 2014
During the March quarter, SBI reported healthy performance on the asset quality front while its operating performance came ahead of the market expectations   Shares of State Bank of India (SBI), the country's largest lender, Friday jumped 10% on the BSE, mainly on its 'healthy...

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Moneylife Digital Team 22 May 2014
PI Industries hit its 52-week high at Rs295.50 on BSE, as it recorded higher FY14 net profit of Rs183.7 crore due to 39% growth in its sales   PI Industries Ltd, Rajasthan-based agricultural chemicals and products manufacturing company said its full year net profit increased due to...

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Moneylife Digital Team 22 May 2014
Nifty will continue to move sideways in the days to come   Sensex today recovered almost all of yesterday’s loss, while Nifty covered up the single day loss. However, the indices got sold off from the day's high which they had reached around noon. Upto 12.30 pm the indices were on a...

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Moneylife Digital Team 22 May 2014
UCO Bank has recorded 2.44 times increase in its full year net profit to Rs1,510.55 crore due to growth of 32.25% in its net interest income and improved asset quality   UCO Bank, the public sector lender reported jump in its full year net profit, on an increase in its net interest...

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Moneylife Digital Team 22 May 2014
For FY14, Motherson Sumi Systems reported higher net profit to Rs764.97 crore due to robust growth in its exports    Motherson Sumi Systems Ltd (MSSL), an auto component maker, reported higher full year net profit due to robust growth in its exports.   For the 12 month to...

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Moneylife Digital Team 21 May 2014
Nifty will move sideways for Modi government's thinking to become clear   On Wednesday the BSE 30-share Sensex opened at 24,404 while the NSE 50-share Nifty opened at 7,275. Both the indices edged higher in the positive only for few minutes when it hit the day’s high and then started...

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Moneylife Digital Team 21 May 2014
Adi Finechem hit its 52-week high following 123% jump in its full year net profit and bonus issue   Adi Finechem Ltd, an Ahmedabad-based speciality chemical producer, on Wednesday hit its 52-week high at Rs169.15 on the BSE, following 123% jump in its full year net profit and bonus...

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Moneylife Digital Team 20 May 2014
Close below any previous day’s low may pull the Nifty further lower   The upmove following victory of Bharatiya Janata Party (BJP) in general elections seems to have slowed  down. The Indian indices tried to move higher but were pulled down by institutional selling. The BSE 30-share...

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Moneylife Digital Team 20 May 2014
For the full year, Atul Auto reported a higher net profit on increase in vehicle sales and higher revenues      Atul Auto Ltd (Atul Auto), the Gujarat based three-wheeler manufacturer, reported a higher full year net profit driven by sales growth.   For the 12 month to...

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Moneylife Digital Team 20 May 2014
For FY14, Munjal Auto reported higher net profit to Rs47.66 crore due to 14% growth in its sales    Munjal Auto Industries Ltd, (Munjal Auto), an auto parts and equipment manufacturing company controlled by Munjals of Hero Group, reported higher full year net profit on robust...

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