Today market is dominated by decline. Both benchmark indices closed down 1%. Nifty closed near 8600, while SENSEX broke 28000 level, today.
Tata group’s shares continue to decline; there is a better opportunity to invest. We are not seeing any type of boom in cement sector in upcoming days.
In the second quarter of the fiscal year 2017, HUL’s net profit is Rs 1095.6 crore, increased 11.5%; and income reached to Rs 8480.3 Crore, up 1.6%. On YOY basis in July-September quarter the EBITDA increased from Rs. 1336.6 crores to Rs 1404.7 crore.
Hero Motocorp profit is 1004.2 crore, up 27.7% in the second quarter of the fiscal year 2017. The income of the company is 8448.7 crores increased 15%. On YOY basis the EBITDA increased from Rs 1095.7 crore to Rs 1368.9 crore.
ITC profit increased 10.5%, is Rs 2500 crore and income is 13616 crore up 8%, and EBITDA (YOY basis ) increased from Rs 3383 crore to Rs 3630 crore, in Q2.
HDFC profit increased 13.8% to Rs 1827 crore, Income increased 9.6% to Rs 8063 crore, in the second quarter.
Dabur profit increased 5% to Rs 357.3 crore and income increased 1.1% to Rs 1981.6 crore, in second quarter.