Thursday 30 April 2015

HCC Q4 net profit at Rs 20.6 Crore:

Total Income has decreased from Rs. 12036.10 mn for the quarter ended March 31, 2014 to Rs. 11606.70 million for the quarter ended March 31, 2015. - See more at: http://www.indiainfoline.com/article/news-top-story/hcc-q4-net-profit-at-rs-20-6-crore-115043000608_1.html#sthash.Trbmdaj8.dpuf
Total Income has decreased from Rs. 12036.10 mn for the quarter ended March 31, 2014 to Rs. 11606.70 million for the quarter ended March 31, 2015. - See more at: http://www.indiainfoline.com/article/news-top-story/hcc-q4-net-profit-at-rs-20-6-crore-115043000608_1.html#sthash.Trbmdaj8.dpuf

Total Income has decreased from Rs. 12036.10 mn for the quarter ended March 31, 2014 to Rs. 11606.70 million for the quarter ended March 31, 2015.

HCC has posted a net profit of Rs. 206.50 mn for the quarter ended March 31, 2015 as compared to Rs. 244.00 million for the quarter ended March 31, 2014.
Total Income has decreased from Rs. 12036.10 mn for the quarter ended March 31, 2014 to Rs. 11606.70 million for the quarter ended March 31, 2015.
The Group has posted a net loss of Rs. (1594.50) mn for the year ended March 31, 2015 as compared to net loss of Rs. (2774.00) million for the year ended March 31, 2014.
Total Income has increased from Rs. 98415.40 million for the year ended March 31, 2014 to Rs. 104149.70 mn for the year ended March 31, 2015.
Alliance Research
Narendra Singh Tomar, Union Minister of Steel & Mines, Govt. of India, was presented a cheque, amounting to Rs.260.72 crore by Ansuman Das, Chairman-cum-Managing Director as interim dividend on the 80.93% shares held by the Govt of India, in New Delhi. - See more at: http://www.indiainfoline.com/article/news-sector-metals-mining-minerals/nalco-pays-rs-260-72-crore-as-interim-dividend-to-govt-115042700331_1.html#sthash.jxnWTWGf.dpuf

Tuesday 28 April 2015

Sensex down over 200 points; 12 stocks in focus in today's trade

The S&P BSE Sensex slipped over 200 points in intraday trade on Wednesday. The 50-share Nifty is testing its new support level of 8250.

KPIT Technologies plunged 20 per cent post its Q4 results. Welspun Corp surged 20 per cent in intraday trade on good Q4 show. 

Here is a list of twelve stocks that are in focus today:

Bharti Airtel Ltd: Bharti Airtel's Africa net loss for the fiscal fourth quarter widened to $183 million (Rs 1,155.7 crore) from $105 million (Rs 663.1 crore) a year back, hurt by forex losses, weighing on the consolidated financials of the world's fourth largest carrier.

Idea Cellular Ltd: Idea Cellular's consolidated net profit for the fiscal fourth quarter jumped nearly 60%, meeting estimates, as the nation's No. 3 telecom operator posted strong growth in subscriber additions and as higher demand for data offset pressure on its voice services.

Reliance Power Ltd: Reliance Power (RPower) and the government have taken conflicting positions over the company's decision to pull out of the Rs 36,000-crore Talaiya ultra mega .. 

harat Forge & Punj Lloyd: Bharat ForgeBSE 2.67 % and Punj LloydBSE 7.32 % have emerged as the only contenders for a Rs 16,800-crore mega contract to replace the ageing anti-aircraft guns of the Indian Army. 

Sterling Holiday Resorts Ltd: Vacation ownership and leisure hospitality company Sterling Holiday ResortsBSE 0.61 % (India) today reported Rs 2.36 crore profit after tax for the last quarter of 2014-15. 

Sterling Holiday Resorts Ltd: Vacation ownership and leisure hospitality company Sterling Holiday ResortsBSE 0.61 % (India) today reported Rs 2.36 crore profit after tax for the last quarter of 2014-15. 
 
NTPC Ltd: NTPCBSE -0.17 % Ltd's board of directors on Tuesday approved an investment of 1,779.25 crore for the Anantapur Solar PV Project, Stage-I (5x50MW) in Andhra Pradesh. 

Bank of India: State owned Bank of India has raised 750 million by selling offshore bonds at a yield of 3.218% with five year maturity. 


News

The company is scheduled to announce its Q4 and FY15 results today.The stock has zoomed 11.5 percent on the back of heavy volume :

Tata Elxsi has zoomed over 11.5 percent to a high of Rs. 1,119 on BSE so far in the trades on hopes of strong Q4 show. The company is scheduled to announce its Q4 and FY15 results today. The stock is now up 8.3 percent at Rs. 1,085. The counter has seen heavy volume of around 227,000 shares as against the two-week daily average volume of around 180,000 shares on the BSE. Meanwhile, the BSE Sensex is up mere eight points at 27,185.

Monday 27 April 2015

Stock Market News:

Sensex, Nifty volatile; pharma, consumer durables stocks slip :

The market continues to languish in red on the back of unabated selling pressure across all the sectors. At 12:30 PM, the Nifty is down 54 points at 8,221. The Sensex is down 108 points at 27,330. The CNX Smallcap index has plunged 2.7 percent at 5,377. The CNX Midcap index has tumbled 1.6 percent at 14,456. The Nifty Junior has dropped 1.2 percent at 18,932. The Volatility index - India VIX - has jumped 1.3 percent at 19.3600. Sectorwise, the CNX Realty index has slumped 2.3 percent. The CNX PSU Bank and the CNX Pharma indices have plunged 2 percent each. The CNX Auto and the CNX FMCG indices have shed 0.6-0.8 percent. The CNX IT index is down 0.5 percent. On the other hand, the CNX Infra index is the only gainer - up 0.2 percent. The market breadth remains negative in the early noon deals. Out of 1,720 stocks have traded on the NSE - 1,239 stocks have declined, while only 235 stocks have advanced. So far, only eight stocks have hit 52-week high on the NSE counter, whereas 38 stocks have hit 52-week low. Adlabs Entertainment, Balrampur Chini Mills, Dhampur Sugar Mills, GMDC, Indiabulls Real Estate, Jain Irrigation Associates and Jaiprakash Associates are among the prominent losers.

Saturday 25 April 2015

Reliance Capital stock ends lower; signs MOU with Samsung Asset Management

According to a release issued by the company to the BSE, Reliance Capital Asset Management today announced that it has signed a Memorandum of Understanding (MoU) for Strategic Alliance with Samsung Asset Management, Korea.
The stock has hit a high of Rs. 427 and a low of Rs. 417.

Thursday 23 April 2015

Commodity News

MCX Crude Flies Above Rs 3600 As INR Plunders To Three Month Low


MCX Crude oil futures tested highs above Rs 3600 per barrel in evening trades on a weakIndian Rupee and supportive undertone in global prices. WTI Crude edged up in afternoonafter strong results from global equipment giant Caterpillar. This kept the commodityafloat despite losses in European stocks. WTI Crude is quoting at $53.71 per barrel, up 56cents per barrel on the day. The Rupee plummeted 50 paise to 63.30 per US dollar followingthe firm undertone in the greenback overseas. This was the weakest mark in three monthsfor the Rupee and it helped MCX Crude futures to break above Rs 3600 levels. The countercurrently quotes at Rs 3612 per barrel, up Rs 44 per barrel or 1.12% on the day.
Caterpillar reported that earnings for the latest quarter rose to $1.11 billion, or$1.81 a share, from $922 million, or $1.44 a share, in the same period a year ago. Wedelivered solid results for the first quarter of this year, including higher profit thanin the first quarter of 2014. Our focus on operational improvement, including leanmanufacturing and cost management, is helping in what is a tough time for some of ourimportant cyclical businesses. We continue to execute on improving safety, quality,inventory turns, delivery performance and market position," said Caterpillar Chairmanand Chief Executive Officer Doug Oberhelman.
HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturingactivity, fell to a one-year low of 49.2 in April, compared with a final reading of 49.6in March. A reading above 50 indicates expansion from the previous month, while a readingbelow 50 indicates contraction. Production increased only marginally, but total newbusiness declined for the second straight month, HSBC said. This boosted hopes that theChinese economy could see a flurry of stimulus measures in coming weeks.

Commodities Buzz: Caterpillar Delivers Strong Result, Ups EPS View

Caterpillar, the heavy equipment maker giant reported that earnings for the latestquarter rose to $1.11 billion, or $1.81 a share, from $922 million, or $1.44 a share, inthe same period a year ago. We delivered solid results for the first quarter of this year,including higher profit than in the first quarter of 2014. Our focus on operationalimprovement, including lean manufacturing and cost management, is helping in what is atough time for some of our important cyclical businesses. We continue to execute onimproving safety, quality, inventory turns, delivery performance and marketposition, said Caterpillar Chairman and Chief Executive Officer Doug Oberhelman.However, he noted that out of the business segments, sales in mining remained weak andconstruction was down in most regions. The 2015 outlook for sales and revenues remainsunchanged at about $50 billion. The outlook for profit per share has improvedslightly. We now expect that profit per share will be $4.70, or $5.00 per share excludingrestructuring costs. The previous outlook for profit per share was $4.60, or $4.75excluding restructuring costs.