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Moneylife Digital Team 05 February 2013
The company that is known for Dominos Pizza has posted yet another strong quarter with good sales and profit numbers. Yet, the stock price is quoting at premium valuations. Is it worth it? We had written about Jubilant Foodworks in our Moneylife issue dated 19 April 2012 (

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Moneylife Digital Team 05 February 2013
MCX’s average daily trading volume were flat year-on-year (down 7% quarter-on-quarter) and technology costs were higher by Rs30 million (post revision in agreement with Financial Technologies)   Multi Commodity Exchange’s (MCX) Q3FY13 net profit of Rs759 million, was up 10%...

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Moneylife Digital Team 05 February 2013
Refinancing opportunities will aid loan growth of 18%-20% for IDFC, says Edelweiss   IDFC’s Q3FY13 net profit of Rs4.5 billion (up 18% year-on-year) was lower than Edelweiss’ estimate.   However, lending business’ core metrics were maintained and the difference was due...

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Moneylife Digital Team 05 February 2013
With 10 projects to get commissioned over the next 18 months and interest rates at a peak, Edelweiss believes that  ITNL’s strong balance sheet makes it one of the best asset plays in the infra asset space IL&FS Transportation Networks (ITNL) Q3FY13 profits were below expectation,...

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Moneylife Digital Team 04 February 2013
REC’s net profit was up 33% at Rs1026.65 in the December 2012 quarter Rural Electrification Corporation (REC), a government-owned company, has posted total income from operations of Rs3533.68 crore in the December 2012 quarter. Its income was 32% up from Rs2682.26 crore in the same...

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Moneylife Digital Team 04 February 2013
Jammu and Kashmir Bank’s total income from operations for the December quarter was Rs1623.77 crore   Jammu and Kashmir Bank posted net profit of Rs289.40 crore in the December 2012 quarter, up 36% against Rs213.19 crore in the same quarter of the previous year, according to the bank’s...

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Moneylife Digital Team 04 February 2013
Jubilant Foodworks’ sales were up 39% in the December 2012 quarter at Rs385.15 crore Jubilant Foodworks has posted excellent results in the December 2012 quarter with a profit of Rs37.70 crore, up 28% against Rs29.47 crore in the same quarter of the previous year, according to the...

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Moneylife Digital Team 04 February 2013
ACC's margins have fallen to 18% in 2011 from 27.3% in 2007, the period in which it paid know-how fees to Holcim. Now the cement maker is proposing to increase the fees by almost two-folds without disclosing additional benefits it would receive from its parent Institutional Investor...

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Moneylife Digital Team 04 February 2013
Relaxo Footwears, an ambitious upstart footwear company, has posted disappointing results amidst tight economic climate and increased competition We had written about Relaxo Footwears (Relaxo) in our Moneylife issue dated 4 October 2012 (

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Moneylife Digital Team 04 February 2013
Slowdown is impacting the rate of acquisition of new consumers for Marico, which is showing up in sales volume growth in segments like Saffola edible oil, says Nomura Equity Research Marico reported Q3FY13 results that were 7.5% lower than expectations at the net sales level, but higher...

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Moneylife Digital Team 04 February 2013
Ambuja Cement’s margins have fallen to 26% in 2011 from 53% in 2007, the period in which it paid know-how fees to Holcim. Now the cement maker is proposing to increase the fees by almost two-folds without disclosing additional benefits it would receive from its parent Institutional...

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Moneylife Digital Team 04 February 2013
The Nifty could bounce back from today’s lows or from 5,955   The market closed lower on selling in PSU, healthcare and power stocks and on weak global cues. The market is getting oversold. The Nifty could bounce back from today’s lows or from 5,955. The National Stock Exchange (NSE)...

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The FM is trying to rekindle foreigners’ old love affair with India The Indian stock market has had a solid run since June last year. Springing from an intra-day low of 15,748, the Sensex shot up, over the next seven months, in repeated bouts of optimism. At the initial stages, the bulls...

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Moneylife Digital Team 04 February 2013
For the first time in a decade, India’s biggest power utility manufacturer has reported bleak results prompting analysts to put a sell recommendation to their clients. However, the management remains cautiously upbeat Bharat Heavy Electricals (BHEL) has been in a bad shape for the past...

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Moneylife Digital Team 02 February 2013
The Nifty is likely to hit 5,950 and maybe head even lower The market ended lower this week, mainly on macro-economic concerns and a clutch on lower-than-expected third quarter results from corporates. Although the Reserve Bank of India (RBI) announced a 25 basis point cut in repo and...

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Moneylife Digital Team 01 February 2013
The US was a key contributor to the overall performance on the back of a strong flu season and the Tricor launch for pharma company Lupin, says Nomura Equity Research Pharmaceutical major Lupin’s market strategy responds to generic opportunities in the US, where it is pursuing niche and...

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Moneylife Digital Team 01 February 2013
While the market trend is down, the Nifty’s support is at around 5,950 The market closed lower on a fall in India’s manufacturing output in January and weak corporate results of Bharti Airtel and BHEL, among others. While the market trend is down, the Nifty is expected to find support at...

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Moneylife Digital Team 01 February 2013
Tide Water India has posted benign results amidst an industry downturn although its sales went up We had recommended investing in Tide Water Oil Co in our Moneylife issue on 1 November 2012 . The company has announced its third quarter result for the fiscal ending March 2013. It recorded...

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Moneylife Digital Team 01 February 2013
Among verticals, manufacturing, technology, media and entertainment dragged while the emerging vertical (largely government) revenues increased by $7 million and was the primary driver for incremental revenue addition in the third quarter FY13 for Mahindra Satyam The key disappointment...

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Moneylife Digital Team 01 February 2013
Redington India has posted positive growth on strong iPhone and Samsung sales but its results are short of overall consensus estimates Redington India announced a net income of Rs81.9 crore for the December quarter which was in line with Nomura’s estimate of Rs80.2 crore but short of...

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