STOCKS


Moneylife Digital Team 19 May 2014
For FY14, ECGC India reported higher net profit to Rs361 crore  as its gross premium income increased to Rs1,304 crore   Export Credit Guarantee Corporation of India Ltd (ECGC), a government owned export credit insurer, reported a higher full year net profit mainly on increase in its...

Read More



Moneylife Digital Team 19 May 2014
The market remains bullish and awaits fresh news to the next move. Non-Sensex stocks will do well   Monday was the third day of increase in the gains on the BSE 30-share Sensex for the third consecutive session. The clear victory of Narendra Modi and the positive speech from him added...

Read More



Moneylife Digital Team 19 May 2014
Stable government mandate is good news for Indian industrial stocks, says Nomura in a research note   A clear majority to the BJP-led NDA coalition – highlights development as India’s sole agenda item and that is relevant for the political class too. It is time for a structural return...

Read More



Moneylife Digital Team 19 May 2014
For FY14, Jubilant FoodWorks reported lower net profit at Rs125.80 crore due to business expansion and 26% increase in its expenditure    Jubilant FoodWorks Ltd, which operates fast food chain Domino's Pizza in India, reported a lower full year net profit on higher costs incurred in...

Read More



Moneylife Digital Team 19 May 2014
For FY14, Zydus Wellness' higher net profit stood at Rs96.45 crore as its sales fell 5%    Zydus Wellness Ltd, the Gujarat based consumer product manufacturer, reported lower full year net profit mainly due to muted sales.   For the 12 month to end-March, the makers of 'Sugar...

Read More



Moneylife Digital Team 19 May 2014
For FY14, Bajaj Auto reported higher net profit to Rs3,243 crore on 22% higher exports and lower raw material costs   Bajaj Auto Ltd, the world's third largest motorcycle maker, reported higher full year net profit on increased exports and lower raw material costs.    For the...

Read More



Moneylife Digital Team 16 May 2014
Now that the election results are out, the market will move sideways with a positive bias Throughout the week, the Indian markets have been on an upswing and the optimism has  been based on the expected victory of Bharatiya Janata Party (BJP) in the Lok Sabha polls. However, even the...

Read More



Moneylife Digital Team 15 May 2014
The indices may sell off temporarily if the NDA’s margin of victory is wafer-thin.  After opening Thursday in the negative, the Indian market immediately went up to higher level to hit its intra-day high but could not sustain at that level and started sliding lower and entered the...

Read More



Moneylife Digital Team 15 May 2014
For the full year, Asian Paints reported higher net profit at Rs1,169 crore due to robust sales growth. Its shares hits a new 52-week high on Thursday only to fall 5% later Asian Paints Ltd, India's largest paint manufacturer, posted a higher full year net profit mainly on robust sales....

Read More



Moneylife Digital Team 15 May 2014
Strong IT headcount addition (6% quarter-on-quarter) in Tech Mahindra to sustain growth in revenues and new opportunities, points out Nomura in its research note Mahindra & Mahindra (M&M) group company Tech Mahindra would find its stock performance driven by revenue growth and...

Read More



Moneylife Digital Team 15 May 2014
Continued sustenance of strong realisations in the domestic business and improving demand outlook for international business shall provide further positive triggers for Tata Steel, says Nomura Tata Steel reported improvement in its March quarter results that was led by its domestic...

Read More



Moneylife Digital Team 15 May 2014
If the exit polls are indeed accurate, the market would then begin to focus on the next catalyst. Given that it is a 'hope and expectations' rally, the catalysts at least over the next 4-6 weeks are likely to be news-driven, says Credit Suisse The broader Indian market is up 17%...

Read More



Moneylife Digital Team 15 May 2014
For the March quarter, the Bajaj group financial unit reported a net profit of Rs182 crore, as its net interest income grew 25%   Bajaj Finance Ltd reported a higher fourth quarter net profit mainly on robust revenues, including interest income.    For the quarter to end-March,...

Read More



Moneylife Digital Team 15 May 2014
Strong secular growth across the Hindi heartland drives this company’s growth Hindustan Media Ventures Limited (HMVL) has penetrated the smaller towns of north India that are witnessing increasing literacy, awareness and aspirations. State governments have uniformly invested in school...

Read More



Moneylife Digital Team 15 May 2014
Zenith capital reports nil revenues in past 10 quarters Zenith Capital (Rs240) Zenith Capital (earlier known as SVL Capitals) was engaged in the business of hire-purchase, leasing and financing lease operations of plant & machinery. At present, the company has no business. The...

Read More



Moneylife Digital Team 14 May 2014
The market will remain directionless until the election results are clear  After a relentless rally, market finally seem to be pausing for breath and some serious profit booking from the very start of trading today. Stock indices struggled to stay in the green without any success and the...

Read More



Moneylife Digital Team 14 May 2014
For FY14, La Opala reported a higher net profit at Rs29.95 crore on robust sales and lower raw material costs. Its shares hits a 52-week high  La Opala RG Ltd (La Opala), the Kolkata-based opal glass tableware manufacturer, hit a new 52-week high on Wednesday following a jump in the...

Read More



Moneylife Digital Team 14 May 2014
For the March quarter, Nestle India reported lower net profit of Rs259 crore due to higher costs, lower demand and exports Nestle India Ltd (Nestle) reported a lower first quarter net profit mainly on higher raw material costs, subdued demand and lower exports. For the quarter to...

Read More



Moneylife Digital Team 14 May 2014
For FY14,  Bank of Baroda reported marginal increase in its net profit at Rs4,541 crore affected by higher expenses and tax provisions Bank of Baroda (BOB), the public sector lender reported a marginal increase in its full year net profit even as its expenses and tax provisions...

Read More



Moneylife Digital Team 14 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...

Read More

Free Helpline
Legal Credit
Feedback