STOCKS


Moneylife Digital Team 18 April 2013
MRF posts profits despite lacklustre income and vehicle offtake due to lower rubber prices and better cost and inventory management Tyre manufacturer MRF has posted an increase in net profit of 40%, to Rs210.61 crore for the quarter ended 31 March 2013 as compared to Rs150.13 crore for...

Read More



Moneylife Digital Team 18 April 2013
Healthy growth in total income and cost control drives profits for YES Bank YES Bank’s net interest income (NII) for Q4FY13 increased by 42.4% year-on-year (y-o-y) to Rs638.1 crore from Rs448.2 crore in Q4FY12. This was on account of healthy growth in customer assets and expansion in net...

Read More



Moneylife Digital Team 18 April 2013
Traction in core fees and interest income helps boost net profits for IndusInd Bank IndusInd Bank has recorded strong results. Its net profit for the quarter ended March 2013 was Rs307.40 crore as against Rs 223.38 crore in the corresponding quarter of the previous year, showing a strong...

Read More



Moneylife Digital Team 18 April 2013
Contrary to our expectation of a laboured rise, the market indices put on a smart rally today, despite a sharp decline in the US indices. The rally was on a much lower volume though. For a reversal, the Nifty will now have to make a lower high and a lower low   The market closed in the...

Read More



Moneylife Digital Team 18 April 2013
Economic pressure and global concerns impacted CRISIL’s net profit. Ratings division sees fall in revenue CRISIL registered a consolidated income from operations of Rs255 crore for the quarter ended 31 March 2013, as against Rs229.74 crore in the corresponding quarter of the previous...

Read More



Moneylife Digital Team 17 April 2013
“TCS outlook for FY14 is better than FY13 with a good deal pipeline and strong performance expected across sectors,” said Gautam Sinha Roy, VP, Equities, Motilal Oswal Securities The country's largest software exporter Tata Consultancy Services (TCS) on Wednesday reported a 22.1% jump in...

Read More



Moneylife Digital Team 17 April 2013
As mentioned yesterday, the Nifty went higher but ended flat; a lower high and a lower low may signal a decline again   The market closed flat, after two days of gains, on selling in oil & gas, IT and technology stocks. From here we may see the upmove continuing up to the level of...

Read More



Moneylife Digital Team 17 April 2013
“A key reason behind HCL’s stellar performance over the last few years has been its focus on delivering technology led business process transformation to global 2000 corporations,” HCL Technologies vice-chairman Vineet Nayar said Software services major HCL Technologies on Wednesday...

Read More



Moneylife Digital Team 17 April 2013
Nomura expects that the consensus earnings will fail to deliver the expected 14% growth in FY14 even as they describe that earnings will be key to stock performance for the current fiscal. It has picked ICICI Bank, ITC, Mahindra & Mahindra, Dr Reddy’s Laboratories and Zee Entertainment to...

Read More



Moneylife Digital Team 16 April 2013
As suggested yesterday, the indices went up and this may continue if the Nifty manages making higher high and higher low Brushing weak global cues, the Indian market closed higher on buying in banking, auto and capital goods stocks. As mentioned yesterday the indices made substantial...

Read More



Moneylife Digital Team 16 April 2013
With Fiscal year ending and time for fourth quarter results annoucements, its worth your while to wait and watch how 'valuable' value stocks really are   Markets witnessed a nasty fall over the past fortnight. This has caused valuations to tumble and stocks are looking attractive. But...

Read More



Moneylife Digital Team 16 April 2013
In the light of a lower-than expected fourth quarter performance by Infosys, Nomura expects consensus earnings and multiple downgrades and management’s outlook of pricing and margin pressure in the near term IT services major Infosys reported net profit of Rs2,394 crore for fourth...

Read More



Moneylife Digital Team 15 April 2013
If the Nifty manages to make a higher high and stay above 5,555, it may see some more gains   The market closed in the positive on better-than-expected inflation numbers that raised hopes of the RBI cutting key interest rates, going ahead and a rally in oil & gas stocks following a...

Read More



Moneylife Digital Team 15 April 2013
A mid-size software company with average return ratios   Persistent Systems (Persistent) has more than 6,000 employees and has developed more than 3,000 products and applications for nearly 300 customers over the past five years. Persistent focuses on developing solutions in four...

Read More



Are We Slipping into a Bear Market?   A fortnight ago, I had mentioned that we might enjoy a short rally but hopes of a sustained upmove are misplaced, with a caveat that if the Nifty breached the recent low of 5,605, even our medium-term bullishness will turn into a neutral stance....

Read More



Moneylife Digital Team 13 April 2013
If the Nifty closes above 5,550, it will attempt a short rally. A weekly close above 5,635 is needed for a longer rally to unfold The market closed in the negative for the second week in a row on not-so-impressive economic indicators which raised concerns of the pace of growth and weak...

Read More



In 5 out of 8 quarters, analysts have been horribly wrong about Infosys’ results, leading to a huge gap-down opening including today. What a huge fall for a company that once declared that "under-promise and over-deliver" was its strategy   Infosys shares fell by over 21% from...

Read More



Moneylife Digital Team 12 April 2013
RS Software’s March quarter results showed how dire global circumstances were but still managed to put in decent numbers RS Software has reported consolidated revenues of  Rs76.08 crore for the quarter ended 31 March 2013, up by 8.17% year-on-year (y-o-y) from Rs70.46 crore in the...

Read More



Moneylife Digital Team 12 April 2013
A close above 5,555 on the Nifty may bring in some gains. On the downside, support remains in the region of 5,480-5,450 The market closed lower on a sell-off in IT and technology shares after Infosys announced disappointing fourth quarter results this morning and on weak economic...

Read More



Moneylife Digital Team 10 April 2013
Nifty will have to make a higher low and close above today’s high for the gains to continue   The market snapped its five-day losing streak and closed higher on gains in technology, banking and capital goods sectors in late trade today. The Nifty will have to make a higher low and close...

Read More

Free Helpline
Legal Credit
Feedback