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Moneylife Digital Team 30 October 2013
During the September quarter Indag Rubber reported 31% increase in its net profit despite lower sales. Low costs and low consumption of raw materials helped company to reduce its expenditure by 8% Indag Rubber Ltd, tyre retreading and manufacturing company, reported a 31% jump in its...

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Moneylife Digital Team 30 October 2013
During the September quarter, Shriram Transport Finance reported 3% decline in net profit at Rs326.83 crore due to higher finance cost despite significant growth in its revenues Shriram Transport Finance Co Ltd, India's largest commercial vehicle and leasing and hire purchase financer,...

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If you have to buy a banking stock, the odds are in favour of buying an existing one rather than a new one because banking is a tough business There are as many as 26 aspirants for the business of banking and the Reserve Bank of India (RBI) is supposed to grant licences to seven of...

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Moneylife Digital Team 29 October 2013
During September quarter Veedol brand maker, Tide Water Oil, reported growth of 12% in its net profit at Rs14.30 crore on slowdown in sales and higher taxes Tide Water Oil Co (India) Ltd, The lubricant manufacturer of Veedol brand, in its quarter to end-September recorded 12% growth in...

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Moneylife Digital Team 29 October 2013
A short-term uptrend is likely as markets finished strongly well above the support of 6,140, mentioned yesterday. The markets opened in the red, continuing its downtrend from yesterday. However, at 10:45 am, the markets suddenly saw volumes and volatility, shot up to 6,124 within a few...

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Moneylife Digital Team 29 October 2013
During the September quarter, the lender’s income from operations rose 11% helping the company to record moderate net profit of Rs122.72 crore, despite slow growth of auto sector finance Sundaram Finance Ltd, India’s fifth largest non banking financial corporation (NBFC) reported a 10%...

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Moneylife Digital Team 29 October 2013
Why did the market shoot up minutes before the RBI’s governor’s speech? Did someone know what that there would be no nasty surprises? Today, a very peculiar phenomenon was observed in the markets. It was noticed that the markets had already made its move ahead of Raghuram Rajan’s...

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Moneylife Digital Team 28 October 2013
During the September quarter, the FMCG company reported 10% growth in its net profit due to cost efficiency and strong demand from rural markets Dabur India Ltd, the fourth largest fast-moving consumer goods (FMCG) company in India and the world’s largest ayurvedic and natural health...

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Moneylife Digital Team 28 October 2013
As suggested, since last Wednesday, the markets have weakened, closing below last week’s low. Watch out for a close above 6,140 tomorrow for a possible short-term reversal. If not, then the Nifty is headed towards 6,070 We have been suggesting since Wednesday that bulls are on the...

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Moneylife Digital Team 28 October 2013
During the September quarter the automaker reported 19% growth in its net profit on increasing sales and new launches in its three-wheeler segment Atul Auto Ltd, the three-wheeler manufacturer, recorded 19% growth in net profit at Rs73.80 crore in its quarter to end-September compared...

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Moneylife Digital Team 28 October 2013
Maruti Suzuki's September quarter net profit surged 194.7% to Rs670 crore while sales increased 26.5% to Rs10,211.8 crore Maruti Suzuki India Ltd, the country's largest carmaker reported a 195% higher net profit during the second quarter on cost reduction and positive impact of forex....

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Moneylife Digital Team 28 October 2013
During the September quarter, the FMCG company reported growth in net sales. However, its net profit fell due to 34% increase in costs associated with advertisements Colgate Palmolive India (Colgate) reported a 25% fall in its second quarter net profit despite 16% rise in sales. Its net...

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Moneylife Digital Team 28 October 2013
A low-priced stock of a multinational company with excellent return on capital Elantas Beck India, controlled by German multinational Elantas Beck, manufactures a wide range of specialty chemicals for electrical insulation and construction industries. Its primary insulation business...

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FIIs on a rampage, could be misleading The Sensex has scaled 21,000 and the Nifty has gone above 6,250 at the time of writing. More gains could be in store, according to market experts, thanks to massive buying by foreign institutional investors (FIIs). How are they so confident about...

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Moneylife Digital Team 28 October 2013
During the September quarter, the pharmaceutical company recorded growth in both its net profit and sales due to higher exports. Ajanta Pharma hit its 52-week high of Rs858.95 on the BSE today   Ajanta Pharma, speciality pharmaceutical formulation company, recorded an impressive 155%...

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Moneylife Digital Team 26 October 2013
Last week, we had mentioned that the markets could turn weak on Tuesday or Wednesday. That is exactly what happened. The markets are weak and struggling for a firm uptrend, despite healthy volumes on almost all the days, indicating bulls and bears are slugging it out The markets were...

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Moneylife Digital Team 25 October 2013
Last week, we had predicted possible weakness after a strong spurt during 18th October. Our prognosis proved correct. Today, the markets finished below the crucial 6,160 support level. We may get a short downmove Yesterday, we had mentioned that today would be a crucial day for Indian...

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Moneylife Digital Team 25 October 2013
The company has reported a net profit of Rs2230.5 crore during September quarter despite sluggish sales, helped by its FMCG, paperboards and agri-businesses. However, its cigarette and hotel segments suffered ITC, the software to tobacco company, has reported 21.5% increase in net profit...

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Moneylife Digital Team 25 October 2013
Shree Cement’s September ended quarter net profit declined 25% due to higher expenditure   Shree Cement Ltd in its September quarter reported a fall of 25% in net profit at Rs172 crore compared with Rs228 crore a year ago, due to lower revenues and higher expenditure.   For the...

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Moneylife Digital Team 25 October 2013
During September quarter, Greenply Industries reported 17% decline in its net profit at Rs26.52 crore due to higher costs of imported raw material and expenditure Greenply Industries Ltd reported a 17% lower net profit during the second quarter mainly due to higher costs of imported raw...

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