Stock market have traded with modest growth on first day of trading session in this week. Both bench market indices have gained nearly 1%. Nifty traded near 8264 and SENSESEX traded at 27306.00. Midcap and Smallcap shares are in buying trend, CNX midcap index raised 0.75%, while BSE Smallcap index strengthened 1%. All indices are […]
Market expert said that MAT problem is very serious, it has big hand to break market technically. The market decline is not over, it can increase in upcoming trading session. Market can break up to 7800-7900. Foreign investors are bewildered due to market fall and some investors upset with Government MAT notice. However there has […]
At present, short term traders poses risk, but medium term traders have better opportunity to invest in stock market. According to experts,it is better chance for investors who want to increase equity assets in portfolio. Buying strategy could be made for Banking stocks, in this time of correction Pharma and IT shares can be choose […]
Idea Cellular profit raised 60%, announce better than expected Q4 earnings today. Net profit was Rs 9.42 billion in fourth quarter as compared with Rs 5.90 billion in the same period a year. In fourth quarter of fiscal year 2015 Godrej consumer profit increased 12.4% to Rs 265.6 crore. In Q4 of fiscal year 2014 […]
Experts said, do not be afraid of market weakness, it is good opportunity to put money in major stocks. Invest in quality shares. Many heavyweight stocks are available at cheap prices.
Metal and Commodity shares expected to give 15-18% EPS growth, Private sector bank may give good return.
Today Market eyed on Bharti Airtel and Idea cellular quarterly results.
Maruti Suzuki: Buy above 3765 Target 3802.00.
Profit is Rs 2922 crore increased 10.2%. Income from interest is Rs 5079 crore increased 16.6%. In January- March quarter the Gross NPA increased from 3.4% to 3.78%. NET NPA increased from 1.27% to 1.61% on QOQ basis. The Bank board announce dividend of Rs 5 per share.
Maruti Suzuki Q4 Result
Profit is Rs 1284 crore increased 60.5%. Income is Rs 13625 crore increased 12.6%. On YOY basis, the EBITDA increased from Rs 1248 crore to Rs 2155 crore, and EBITDA margin raised from 10.3% to 15.8%. On yearly basis the company’s tax expenses increased from Rs 247 crore to Rs 437 crore. Maruti Suzuki announce dividend of Rs 25 per share.