Skip to main content

CORPORATE NEWS

By

Corporate News

 Sobha Developers has reported a 73% growth in its Q1FY’13 net profit at `45 crore over the corresponding figure a year ago. Fur-ther, the company's consolidated net sales grew higher than expected by 55.8% YoY to `432 crore during Q1FY’13. However, sales dropped by 17.24% QoQ.
533098
18.1
 NHPC Ltd. posted a 15.3% decline in its net profit at `670.0 crore during the quarter ended June 2012. Total income of the com-pany fell by 3.3% YoY to `1,421.8 crore.
500116
87.4
 IDBI bank Ltd. has launched IDBI Samriddhi, an online portal to help individual as well as institutional investors in investing the certificate of deposits issued by IDBI Bank. The bank has launched this portal so as to increase transparency, enhance efficiency and to reach a wider investor base.
500840
82.6
 EIH Ltd., the hospitality major witnessed a 38.83% decline in its net profit at `9.45 crore for the quarter ended June 30, 2012 due to decline in sales. Total income of the company further declined by 1.86% to `241.95 crore for the quarter under consideration from `246.55 crore for the same period year ago.

Comments

Post a Comment

Popular posts from this blog

Intraday Software Using Trading Strategy For Generating Buy Sell Auto Signals

By
NIFTY RANGEBOUND—STOCK MARKET DIRECTIONLESS The stock market appears to halt at a tri-junction with no absolute clue about where to move.   CNX IT, however did manage to bounce back for two days but it is clearly looking like more of an bounce back when intraday indicators were slightly oversold and the index kind of manage to hold on for couple of days.   It recorded about 100 to 150 pointy kind of a bounce back.   The chart analysis indicates some crucial movement from here.   The nifty future might see a upward swing after a sharp correction.         Notwithstanding the fact, this kind of a decline was not expected.   For Infosys, 2150 is an important weekly closing pivot that could be a good target for it.   In fact, that is something which Intradaytrading software looks for making a pretty sure intraday trade in the stock.         The technical analysis of the ni...
Post a Comment
Read more

RUPEE PROBLEMS

By
The Sensex and the rupee are at critical breakdown levels after the stock market fell on Friday and the rupee was retesting its previous lows against the US dollar. The drop in the US equity markets on Friday might provide another downward nudge to Indian equities and the dollar rally could push the rupee lower on Monday. Readers of this column should not be surprised by the moves in the equity market and the rupee. We had mentioned that the Sensex was in a downtrend and was supported by the gap. The same is true of the Nifty.  (Click  here  for charts of Nifty and  here  for Sensex)  In last week’s article  we mentioned that price gaps are demand areas and happen when the opening price of a day is higher or lower than the closing price of the previous day. Reuters When there is extreme demand prices open much higher than they closed the previous day. That’s what happened to the Sensex on 31 January when it opened at 16,965 after closing at ...
Post a Comment
Read more

Nifty Live

By
Nifty buy sell signals using nifty  live charts The Nifty is the most volatile tradable index on Nse since it is favourite for the intraday and positional traders. In technical analysis rules and covenants also it is taught that when trading or taking position in any stock , we need to find the direction in which the nifty is moving , so that the trade is entered in that same direction. This will give rise to a high probability trade. The nifty live charts or any intraday software can tell us about the direction of the nifty. The best trend finding strategy can be by checking the direction of any particular moving average, or by drawing a diagonal trend line. The other way is to see if it is making rising Low and Highs or falling. These are little complex to note during live intraday markets. So the better solution is to make your trading strategy more mechanical so that, the buy sell signals are generated on the live nifty charts using the real time data. ...
Post a Comment
Read more