Monday, 25 April 2016
Ultratech Cement Q4FY2016 earnings grow 2.5% YoY
Ultratech posted standalone net sales of Rs6435.9 crore (+5% YoY) for Q4FY2016 on back of strong growth in volume.
The overall volume (cement + clinker+ white cement) has risen by 12% YoY to 13.6 million tone. The average blended cement realization decline by 6% YoY to Rs4738 per tone
In-spite decline in realization operating Profit Margin (OPM) remained flat at 20% on account of better operational efficiency and decline in fuel cost (down by 23% YoY on per ton basis). However increase in input cost resulted in decline of around 6% YoY in EBIDTA per ton to Rs3792.
Indiabulls Real Est Q4 consolidated net profit at Rs59 cr (YoY)
Indiabulls Real Estate has announced the following Q4 & FY16 audited results for the quarter & year ended March 31, 2016:
For the Quarter ended March 31, 2016 (YoY)
The Company has posted a net profit of Rs0.11 crore Vs Rs17.01 crore.
Total Income decreased to Rs90.34 crore Vs Rs86.98 crore.
Persistent Systems drops as Q4FY2016 margin disappoints
Shares of Persistent Systems dropped 4% to Rs719 on NSE post Q4FY2016 results despite strong revenues growth led by IP business momentum (integration of recent acquisition and IBM IOT partnership) as margins disappointed the Street.
Persistent reported sequential revenues growth of 12.0%, led by 57% QoQ growth in IPs led revenues, on account of integration of PRM Cloud solutions and two business units of Citrix systems and also some part of revenues booking from IBM IOT partnership, while IT services revenues grew marginally 0.7% to $72.1 mn.
Reliance Industries Strong petchem margins support Q4 earnings
Reliance Industries Ltd (RIL) reported another quarter of strong margin on both refining as well as petro-chemical segments.
In line with estimate, the operating performance was strong with a Y-o-Y growth of 24% and a sequential growth of 4%.
Also, its profit after tax (PAT) grew by 14% YoY and remained elevated like the last quarter at Rs7, 320 crore.
Apart from strong gross refining margin (GRM) of $10.8 per barrel, the petro-chemical margin remained robust at 14% in the low absolute product prices environment.
Bharti Airtel gains as board to consider buyback of shares
Shares of Bharti Airtel rose over 3%, touching to Rs363.85, after the company announced that its board of directors will consider a proposal for buyback of equity shares on April 27, 2016.
Bharti Airtel will also announce its Q4 March 2016 results on April 27, 2016. The board of directors at the time of announcement of its Q4 results will also consider payment of final dividend for the year ended 31 March 2016 on that day.
Friday, 22 April 2016
22:55 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Bank Nifty Trading Tips, Nifty Futures, Nifty Futures Tips No comments
Wall Street finished flat on Friday after disappointing quarterly reports from Microsoft and Alphabet slammed tech stocks, while a surge in oil prices lifted energy shares.
The S&P technology sector dropped 1.9 percent, its worst decline since early February, with Facebook down 2.5 percent and Intel falling 1.03 percent.
Microsoft dropped 7.17 percent, contributing the biggest drag to the S&P 500, and Google-parent Alphabet lost 5.41 percent as investors punished both companies for missing profit and revenue estimates. It was Alphabet's worst day since 2012.
Crude rose over 1 percent on signs of strong US gasoline consumption, declining production around the world and oilfield outages.
Oil prices have moved in lockstep with US stocks for several months and some investors expected more gains next week.
05:50 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Bank Nifty Trading Tips, Nifty Futures, Nifty Futures Tips No comments
Aurobindo Pharma gets USFDA nod for gNexium
Aurobindo gets approval from the USFDA to manufacture and market gNexium, used to treat gastric ulcers. The launch of the product will be based on settlement terms/litigation outcome with Astrazeneca.
This is the 70th ANDA (including 15 tentative approvals) to be approved from Unit 7 formulation facility.
HDFC Bank Q4 profit in line with estimates
HDFC Bank has announced the following audited results for the quarter & year ended March 31, 2016:
For the Quarter ended March 31, 2016
Net Profit rose by 20.21% to Rs3374.22 crore Vs Rs2806.91 crore (YoY).
Total Income increased by 21.14% to Rs18862.61 crore Vs Rs15570.13 crore (YoY).
Dewan Housing rises on talks to buy Andromeda
Shares of Dewan Housing rose 2% to Rs208 on NSE in an otherwise weak market on reports that the company is in talks to buy Andromeda for up to Rs250 crore – Positive as enhanced distribution network would support loan growth.
Dewan Housing Finance Ltd is in talks to acquire Andromeda Sales and Distribution Pvt. Ltd, one of the largest distributors of loans, mortgage, financing and financial instruments in India.
Maruti Suzuki’s Baleno receives 3-star rating in NCAP test
Leading Auto giant, Maruti Suzuki’s premium hatchback Baleno has received a 3-star rating out of 5-star in a crash test with standard equipment by automobile safety agency Euro NCAP (New Car Assessment Programme).
The Japanese-Indian auto-maker’s global model Baleno is manufactured only in India. The model received a four star rating in Safety pack.
Emami's FY16 results on May 05, 2016
Emami Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 05, 2016, inter alia, to consider Audited Annual Accounts of the Company for the Financial Year ended March 31, 2016 and to consider, if thought fit, to recommend the Dividend for the Financial Year 2015-16.
Sunday, 17 April 2016
23:25 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Bank Nifty Trading Tips, Sgx Nifty, Sgx Nifty Futures, Sgx Nifty Live No comments
INDIAN BENCHMARKS Cautious start likely ahead of TCS Q4 earnings
The key Indian equity benchmarks may open lower on Monday as traders weigh a bearish trend across Asian markets amidst a sharp plunge in oil prices following the failure of Doha talks where major oil producers were unable to reach an agreement on limiting output to ease a supply glut, souring sentiment in risky assets. Markets from China to Hong Kong and Japan bled heavily as traders shunned equities and fled to safe haven assets. A decline in the CNX Nifty Index futures for April delivery which fell by 0.44 per cent or 35 points to 7,896.5 at 10:42 am Singapore time, signals a negative opening for the Sensex today.
The focus will be on the country’s biggest software exporter TCS which will unveil its Q4 numbers today while the March wholesale inflation data is also due during the course of the trading session. Shares of Infosys may witness an upward movement after the IT major on Friday trumped Street estimates by posting a consolidated net profit of Rs3,597 crore, up by 3.8 per cent on a sequential basis. Moreover, some volatility may plague the local bourses ahead of tomorrow’s trading holiday. The 30-share Sensex which was closed on Thursday and Friday advanced by 481.16 points or by 1.91 per cent at 25,626.75 as the Met Department’s prediction of a good monsoon, and upbeat macroeconomic data brought cheer to traders. Snapping three months of contraction, India’s industrial output climbed 2 per cent, year on year in February 2016 while consumer inflation softened to 4.8 per cent in March 2016 from 5.3 per cent in February, raising hopes of more interest rate cuts.
Trend in FII flows: The FIIs were net sellers of Rs -664.27 Cr in the cash segment on Friday while the DIIs were net buyers of Rs 269.89 Cr, as per the provisional figures released by the NSE
Monday, 11 April 2016
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INDIAN BENCHMARKS Flat opening seen for Indian markets.
Indian markets are likely to open little changed on Tuesday as traders stick to a cautious approach ahead of the March retail inflation and February IIP data due today. SGX Nifty is trading 5.00 points lower. Indian shares gained in line with global markets on Monday, though caution crept in, as market awaits March-quarter earnings for companies, beginning with Infosys. The S&P BSE Sensex rose 1.41% and CNX Nifty gained 1.54%.
• Asian stocks rose on Tuesday, led by a rebound in Japanese stocks, while commodities such as crude oil stood tall thanks to a sagging dollar.
• US stocks slipped at the start of a first-quarter earnings season that is expected to paint a bleak picture of corporate profits.
• European shares rose on Monday, reversing earlier losses thanks in part to gains in Italian banks and mining stocks.
Major Headlines of the day:
Tata Steel sells UK long-product plant.
Tax liability cloud over Cairn-Vedanta merger.
AC major Blue Star to set up 2 units at Rs215 crore investment.
Trend in FII flows: The FIIs were net sellers of Rs -107.23 Cr in the cash segment on Monday while the DIIs were net buyers of Rs 303.88 Cr, as per the provisional figures released by the NSE
04:30 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Nifty Futures, Nifty Futures Tips, Nifty Option, Nifty Tips No comments
ASIAN PAINT FUTURE BUY CALL 3 TG
BHARATFORG FUTURE SELL CALL 2 TG
HUL FUTURE BUY CALL 1 TG
DIVISLAB BUY CALL SL TRIGERRED
NIFTY FUTURE SELL CALL SL TRIGERRED
HUL 820 CALL BUY CALL 2 TG
HDFC 1060 PUT BUY CALL HOLD FOR TOMORROW
JSW STEEL 1300 CALL BUY CALL 1TG & HOLD FOR TOMORROW
STOCK CASH INTRADAY:
JUST DIAL BUY CALL3 TG
NILKAMAL BUY CALL 3 TG
NILKAMAL BUY CALL 3 TG (BOOKED AT 1380)
TITAN BUY CALL 2 TG
CENTURYTEX BUY CALL 1 TG (BOOKED AT 597.50)
RUSHIL BUY CALL SL TRIGERRED
STOCK CASH PREMIUM:
NILKAMAL BUY CALL 3 TG ( BOOKED AT 1380)& HOLD FOR TOMORROW
BBL BUY CALL EXIT AT 989-933.15
04:27 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Nifty Futures, Nifty Futures Tips No comments
INDIAN BENCHMARKS: SENSEX ENDS 348 POINTS HIGHER, NIFTY TOPS 7670
Just when you thought it might be another bad day for the equity market, the benchmark indices made a sharp rebound to notch up some smart gains on Monday.
The market was flat till about 2 pm, but surprised one and all as the Sensex began a steep climb to record a 348-point rally and reclaim the 25,000 mark. In tandem, the broader market Nifty50 index gained 116 points to top 7,670.
Bank and IT stocks led the rally, which came just ahead of the March quarter earnings season that kicks off with IT bellwether Infosys' numbers over the weekend.
HEADLINES OF THE DAY
Tata Motors surges on reporting good global wholesales
Sun Pharma gets USFDA nod for BromSite
RIL, BP discuss with government to drop arbitration
The crucial resistance for Nifty SPOT is now seen at 7713 and above this 7740. Support for the immediate term is now placed at 7590 and next support will be 7535.
Friday, 8 April 2016
06:10 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Bank Nifty Trading Tips, Nifty Tips, Nse Bank Nifty, Sgx Nifty, Sgx Nifty Futures, Sgx Nifty Live No comments
JUST DIAL FUTURE BUY CALL 3 TG
AJANTAPHARMA FUTURE BUY CALL 1TG
BEML FUTURE SELL CALL 1TG & HOLD FOR TOMORROW
TCS 2450 PUT BUY CALL HOLD FOR TOMORROW
STOCK CASH INTRADAY:
MANGLMCEM BUY CALL 3 TG
NILKAMAL BUY CALL 3 TG
RAMCOCEM BUY CALL 1 TG
RUSHIL BUY CALL 1 TG
SUVEN BUY CALL 1 TG
JETAIRWAYS BUY CALL EXIT AT -626.50-628
STOCK CASH PREMIUM:
NILKAMAL BUY CALL 3 TG
TIRUMALCHM BUY CALL 2 TG
STOCK SUPER PREMIUM
AJANTAPHARMA FUTURE BUY CALL HOLD FOR TOMORROW
INDIAN BENCHMARKS: SENSEX ENDS FLAT AFTER CHOPPY TRADE, NIFTY TOPS 7550
Domestic equity benchmarks swung between gains and losses all through Friday amid mixed global cues and domestic earnings jitters.
The momentum was positive in the broader market with both the BSE Midcap index and Small cap index ending in the positive. Investors booked profit ahead of the March
quarter earnings season that kicks off on Monday.
The Sensex ended the day at 24,673.84, down 11.58 points, or 0.05 per cent, led by a fall in Tata Consultancy (down 1.71 per cent), Hero MotoCorp (down 1.62 per cent),
Hindustan Unilever (down 1.23 per cent), Maruti (down 1.22 per cent), and Infosys (down 1.22 per cent).
HEADLINES OF THE DAY
Reliance Communications to launch 4G on May 4
HUL completes acquistion of Indulekha brand oil
Lupin gains on launching first product from GAVIS pipeline
The crucial resistance for Nifty SPOT is now seen at 7666 and above this 7740. Support for the immediate term is now placed at 7515 and next support will be 7447.