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Moneylife Digital Team 03 May 2013
GSK Consumer Healthcare’s company commentary seems to suggest a stable demand environment, but higher investment in A&P could put margin progression under risk in CY13, says Nomura GSK Consumer Healthcare’s results for the first quarter of the calendar year 2013 were in line with...

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Moneylife Digital Team 03 May 2013
In Africa, Bharti Airtel added 2 million subscribers to a total of 64 million implying growing revenues from abroad, over and above the healthy profits from Indian operations, says Nomura Bharti Airtel’s fourth quarter performance was somewhat of a relief in that regard where revenues,...

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Moneylife Digital Team 03 May 2013
As per the agreement, Qatar Foundation Endowment will subscribe to 199,870,006 new shares of Bharti at a price of Rs340 per share amounting to a total consideration of Rs6,796 crore Private sector telecom services major Bharti Airtel on Friday announced that it will sell 5% stake to...

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Moneylife Digital Team 02 May 2013
The capital market and futures and options segments of MCX-SX were inaugurated by finance minister P Chidambaram in Mumbai on 9 February 2013 MCX Stock Exchange (MCX-SX) today said it has started its listing services as three companies including FMCG major Dabur India has listed its...

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Moneylife Digital Team 02 May 2013
Shareholders holding on to the shares from now on will be living in hope that Unilever wants to delist HUL and will revise its buyback or open offer price from time to time On 30 April 2013, Hindustan Unilever’s parent company, Unilever Plc, announced an open offer to buy roughly 487...

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Moneylife Digital Team 02 May 2013
Only a close below any previous day’s low on the Nifty would be the first sign of a reversal   Hopes of a rate cut by the RBI in its annual policy announcement tomorrow saw all-round buying, which resulted in the market closing near its three-month high. Only a close below any previous...

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Moneylife Digital Team 02 May 2013
FY14F looks poised to be a year of strong profit growth, says Nomura Equity Research in its Quick Note on Dabur India Dabur India reported solid results for the fourth quarter of FY13, with volume growth of 12%, which was a key positive. Margins improved by 120 basis points (bps), which...

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Moneylife Digital Team 30 April 2013
The first sign of reversal on the Nifty will be a close below any previous day's low    Gains in the FMCG sector, supported by strong earnings by Hindustan Unilever on Monday, helped the market close in the green for the second day, despite adverse political developments in Delhi...

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Moneylife Digital Team 29 April 2013
Despite slumping sales and a sluggish cement industry, its net profit was boosted due to lower depreciation   Shree Cements has posted a net profit of Rs274.09 crore for the quarter ended 31 March 2013 as compared to Rs114.28 crore for the quarter ended 31 March 2012. Total Income has...

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Moneylife Digital Team 29 April 2013
Hexaware Technologies has also given its guidance for the next quarter and it doesn’t look too impressive as they add clients and contracts Hexaware Technologies reported a slow and disappointing March quarter, with net sales increasing 9% year-on-year to Rs231 crore while net profit...

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Moneylife Digital Team 29 April 2013
A close below 5,860 may start a short downtrend on the Nifty   The market closed in the positive, but off the day’s high, on support from consumer durables and fast moving consumer goods after FMCG leader Hindustan Unilever’s results beat market expectations. A close below 5,860 may...

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But can they win against the fundamentals? The medium-term bullishness I had expected in my last column came two weeks later. The Nifty had hit a low of 5,477 and, since then, put in a very impressive rally which took the index to over 5,900 last week. The rally has been so strong, and...

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Moneylife Digital Team 29 April 2013
The fast moving consumer goods company has delivered another robust quarter, despite a difficult economy, driven by strong showing in both home and personal care as well as domestic consumer divisions Hindustan Unilever, one of India’s leading fast moving consumer goods (FMCG) company,...

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Moneylife Digital Team 29 April 2013
While high inventory remains a concern in the near term, it is expected that zinc prices will improve to $2,000-$2,100/tonne owing to zinc turning to a balanced supply market, says Nomura Equity Research Volume growth along with cost optimization provides earnings visibility, says Nomura...

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Moneylife Digital Team 29 April 2013
Net Interest Margin expansion for LIC Housing Finance was driven by improvement in both—cost of funds and yield on assets, says Nomura Equity Research LIC Housing Finance (LICHF) reported robust 4QFY13 numbers, driven by expansion in NIM (net interest margin) and lower than expected...

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Moneylife Digital Team 27 April 2013
The market will remain volatile ahead of 3rd May when the RBI will announce its monetary policy for 2013-14. A weekly close below 5,800 will see Nifty head lower again The Indian market closed the holiday-shortened week on a firm note on mixed earnings reports and hopes that the Reserve...

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Moneylife Digital Team 26 April 2013
A close below 5,820 on the Nifty may bring about a downtrend   The market snapped its four-day winning streak and settled lower on profit booking in rate-sensitive sectors. A close below 5,820 on the Nifty may bring about a downtrend. The National Stock Exchange (NSE) reported a lower...

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Moneylife Digital Team 26 April 2013
Despite recording a 21% growth in its fourth quarter net profit, ICICI Bank shares ended about 3% down as the result failed to beat market expectations ICICI Bank, India's largest private sector lender, on Friday reported a 21% growth in its fourth quarter net profit despite higher net...

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Moneylife Digital Team 26 April 2013
In order to revive sagging sales and plummeting operating profit and weather the tough environment, the two-wheeler manufacturer has announced a first of its kind 5-year warranty Hero MotoCorp has posted a 5% year-on-year (y-o-y) net profit of Rs574.23 crore for the quarter ended 31...

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Moneylife Digital Team 26 April 2013
Robust sales of Swift, DZire and Ertiga during the quarter helped Maruti Suzuki to report a 80% jump in fourth quarter net profit Maruti Suzuki India, the country's largest carmaker, on Friday reported an 80% jump in its fourth quarter net profit on better pricing and improved product...

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