STOCKS


Moneylife Digital Team 22 April 2014
For FY14, HDFC Bank reported a net profit of Rs8,478 crore mainly on increase in its net interest income and growth in its loan portfolio HDFC Bank Ltd, the second largest private sector bank in India, reported a 26% higher net profit for FY2013-14 mainly on increase in its net interest...

Read More



Moneylife Digital Team 22 April 2014
For FY14, Persistent Systems reported a net profit of Rs249.27 crore on robust revenue growth in its infrastructure and healthcare business Persistent Systems Ltd, information technology (IT) and software services provider, reported a 32% higher net profit during FY2014 on strong revenue...

Read More



Moneylife Digital Team 22 April 2014
Although SEBI made IPO grading voluntary, three companies opted for IPO grading from ratings agencies. IPO grading helps good companies to raise capital and investors to make informed decisions. But SEBI and its lobby think that this serves 'no purpose' Although the Securities & Exchange...

Read More



Moneylife Digital Team 22 April 2014
For FY14, LIC Housing Finance reported a net profit of Rs1,317.19 crore on 24% increase in its net interest income LIC Housing Finance Ltd, (LIC HF) recorded 29% growth in its full year net profit due to increase in its net interest income (NII) and loan portfolio. For the 12 months...

Read More



Moneylife Digital Team 21 April 2014
Nifty to keep itself above the day’s low; this may help it to keep trending higher We had mentioned last week that the BSE 30-share Sensex and NSE 50-share  Nifty will head higher and may keep hitting new all-time highs. On Monday both the indices opened close to Thursday’s high and...

Read More



Moneylife Digital Team 21 April 2014
Madras Stock Exchange, one of India's oldest exchanges, may close down because of low net worth and inability to have the right systems. A board meeting is scheduled for the 28th April to discuss its future Madras Stock Exchange (MSE), the first stock exchange from South India, is likely...

Read More



Moneylife Digital Team 18 April 2014
While Nifty will likely hit a new high, caution is warranted The BSE 30-share Sensex closed the week that ended on 18th April, at 22,628.84 (down 0.12 points), while the NSE’s 50-share Nifty closed at 6,779.40 (up 3 points or 0.05%) for the week. Last week we had mentioned that the...

Read More



Moneylife Digital Team 17 April 2014
For FY14, Wipro reported 17% higher net profit on better margins in its IT services business Wipro Ltd, India's third largest IT company, in FY14 posted 17% higher  consolidated net profit of Rs7,797 crore from Rs6,639 crore, its total revenues grew 16% to Rs43,755 crore from Rs37,685...

Read More



Moneylife Digital Team 17 April 2014
A close above the day’s high may keep the index going higher Yesterday, we had suggested that Nifty may put in a quick rally from around 6,625. The market did not go below yesterday’s low and started to rally. The  Sensex, Nifty opened well in the positive and after moving in a range for...

Read More



Moneylife Digital Team 17 April 2014
Piramal Enterprises to acquire 20% stake in Shriram Capital for Rs2,014 crore Piramal Enterprises Ltd. (Piramal) today announced that it will acquire 20% equity stake in Shriram Capital Ltd (Shriram Capital), a financial service company for Rs2,014 crore to enhance its presence in the...

Read More



Moneylife Digital Team 17 April 2014
During FY14, TCS profitability grew 37.7%, helped by growth in European markets and investments in digital technologies Tata Consultancy Services (TCS), India's largest IT company, in FY14 posted 37.7% higher net profit despite the fact that its revenues grew 29.9% due to growth in its...

Read More



Moneylife Digital Team 17 April 2014
Low institutional holding and generous dividend are added attractions Aarti Industries is the flagship company of the Aarti group and is the market leader in benzene derivatives with more than 50% market share. It has a diversified customer base—companies in sectors like...

Read More



Moneylife Digital Team 17 April 2014
Stories of Price Manipulation   Parag-Shilpa Investment (Rs565)   Parag-Shilpa Investment Ltd (PSIL) was incorporated in 1982 and has been in the financial services business. In 2012-13, as the company’s financial services business hit a bottom, it acquired two IT companies,...

Read More



Moneylife Digital Team 16 April 2014
We are expecting a quick rally in Nifty from around 6,625 Today again the domestic indices ignored the positive global cues and closed in the negative for the third consecutive session. In each of the past three sessions the indices have been booking higher losses each day. As we had...

Read More



Moneylife Digital Team 15 April 2014
Unless the Nifty manages to go higher than today's high, the market will remain listless Indian markets opened Tuesday higher after a long weekend to move immediately into the negative. Unlike most Asian indices, which closed in the positive, Indian markets shrugged off positive news...

Read More



Moneylife Digital Team 15 April 2014
For FY14, Infosys reported a 13% increase net profit to Rs10,648 crore even as its revenues grew 24.2% to Rs50,133 crore. The company declared a final dividend of Rs43 per share Infosys Ltd, India's second largest software company reported a 25% jump in its fourth quarter net profit on...

Read More



Moneylife Digital Team 14 April 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



Everybody is asking: ‘how far will the market go’? Here are some positive scenarios With the Sensex breaching 22,700 this week, the index has put in a rally of 27% in a little over seven months. Long-term investors, who have stayed invested in good-quality stocks, are happy about this...

Read More



Moneylife Digital Team 12 April 2014
Financial Technologies is shortlisting bidders for selling its 24% stake in Multi-Commodity Exchange-MCX, following directions from FMC Jignesh Shah-led Financial Technologies (India) Ltd (FTIL) on Saturday said it received non-binding bids from nine top corporates for buying its 24%...

Read More



Moneylife Digital Team 12 April 2014
After a sharp run up, Nifty may move sideways to down over the next few weeks The BSE 30-share Sensex closed the week that ended on 11th April, at 22,628.96 (up 269 points or 1%), while the NSE’s 50-share Nifty closed at 6,776.30 (up 82 points or 1%) for the week. Last week we had...

Read More

Free Helpline
Legal Credit
Feedback