Advice for – Friday, April 24, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on April 24, 2009 at 8:32 am
Yesterday: Indian stock Market went up sharply by the end of yesterday trading session mainly because of good corporate earnings and global market trend.   Today: Excellent results from Reliance pack will play a major roll in today’s trading but it may be proved as a trap if market can’t hold level of 11200.  ...

Reliance Industries Ltd (RIL) disclosed its Q4 results

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:30 am
Reliance Industries Ltd has declared its fourth quarterly results on Thursday, April 23, 2009. RIL reported a 9.3 per cent fall in its fourth quarter net profit at Rs3,546 crore (down 1 per cent at Rs3,874 crore excluding exceptional items) and a 21.47 per cent drop in fiscal 2008-09 (March-April) profit at  Rs15,279 crore. Fourth quarter turnover dropped 24 per cent to Rs28,362 crore while turnover for the full year rose 9.6 per cent to Rs1,46,291 crore, the company said while announcing its unaudited financial results for January-March 2009. The $54 billion Reliance Industries Ltd, India's biggest energy ...

Reliance Power declared its FY09 results

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on April 23, 2009 at 10:31 pm
Reliance Power has announced its FY09 results. The company’s FY09 consolidated net profit was at 244.51 crore versus Rs 85.38 crore, YoY Its standalone net profit was at Rs 248.90 crore versus Rs 94.67 crore, YoY.

RNRL disclosed its FY09 Results

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 10:27 pm
Reliance Natural Resources (RNRL) has come out with FY09 numbers. Its consolidated net profit went up at Rs 71.5 crore versus Rs 68.5 crore. The company’s consolidated income from operations was up at Rs 270 crore from Rs 203 crore.

Reliance Infrastructure declared its FY09 Results

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 10:25 pm
Reliance Infrastructure has announced its FY09 results. The company’s FY09 consolidated net profit at Rs 1353.23 crore versus Rs 1178.21 crore, YoY. It’s consolidated net sales at Rs 12,501.26 crore versus Rs 8,294.84 crore, YoY.

FII and DII Activity on Thursday, April 23, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 10:21 pm
FII and DII activity that was seen on Thursday, April 23, 2009 is shown below. The report shows that FII were net buyer of Rs 241.13 crore where as DII saw buying of Rs 425.83 crore.    ...

RPL disclosed its fourth quarterly results

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 4:08 pm
Mukesh Ambani-led Reliance Petroleum Limited (RPL) declared its Fourth quarterly results on Thursday. The company reported a net profit of Rs 84 crore and a net turnover of Rs 3,678 crore for the quarter ended March 31, 2009. The company started commercial production from March 15. Hence, figures for the Last year were not available. The total expenditure during the quarter amounted to Rs 3,564 crore, RPL said in a filing to the Bombay Stock Exchange, adding that "the total capital employed by the company is Rs 33,982 crore." Shares of the company reacted positively to the ...

Inflation rose to 0.26% v/s 0.18% a week earlier

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:53 pm
INFLATION: India’s Inflation rose 0.26 percent on the week ended April 11 as compared to the previous week's Inflation at 0.18 percent, government data showed on Thursday. The annual inflation rate was 7.95 per cent during the corresponding week of the previous year. Wholesale Price Index (WPI) for all commodities is up 0.3% at 228.8 WoW.   In internals, primary articles was up 0.5%, while manufacturing products was up 0.2% WoW. The fuel ...

Advice for – Thursday, April 23, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:19 am
Yesterday: as we expected market was highly volatile and tough to make the profits.   Today: Still this volatility will continue in the days to come. All eyes are set on the results of Reliance pack.   Note:...

FII and DII Activity on Wednesday, April 22, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on April 22, 2009 at 10:29 pm
FII and DII activity that was seen on Wednesday, April 22, 2009 is shown below. The report shows that FII were net seller of Rs 0.83 crore where as DII saw buying of Rs 82.25 crore.    ...

HCL Technologies declared its Third quarterly result

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 11:29 am
HCL Technologies has announced its third quarterly results. Its Q3 net profit stood at Rs 153 crore and revenues came in at Rs 1,049 crore (Indian GAAP).   The company's net profit came in at $43 million and revenues stood at $564.4 million (US GAAP).

Advice for – Wednesday, April 22, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:43 am
Yesterday: market opened in negative zone and as we said it bounced up smartly. After RBI policy it again went down and again climbed up. So overall, market was very volatile.   Today: volatility will remain in Indian Stock Market so it’s very tough for trader to book the profit. A lot will depend on global cues. ...

Credit cards are really very useful !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on April 21, 2009 at 10:17 pm
Shopping online has become increasingly popular in present scenario. It is now part of everyday life competing head on with traditional stores for everything from groceries, gifts, travel to even booking movie tickets.   credit cards are really very helpful if used with little safety.   Credit cards can be taken anywhere rather than taking cash along with us. Even few good ...

FII and DII Activity on Monday, April 21, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:00 pm
FII and DII activity that was seen on Monday, April 20, 2009 is shown below. The report shows that FII were net seller of Rs 191.01 crore where as DII saw selling of Rs 187.69 crore.    ...

Rolta India posts strong profit in Q3, net at Rs 133 cr

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 5:32 pm
Rolta India on Tuesday said that its consolidated net profit grew two-fold to Rs 133.14 crore in the third quarter ended March 31. The company had a consolidated net profit of Rs 65.72 crore in the March quarter of last financial year.   The consolidated total income of the company rose to Rs 340.14 crore in the third quarter of FY'09 from Rs 298.89 crore in the same quarter ...