Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
Top corporates have paid more advance tax in second quarter this year.
Engage, don't entice, advises advertising guru Sandeep Goyal.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
Auto and realty shares were among the top Sensex gainers.
Indices reversed all its losses during late trades.
The S&P BSE Sensex dropped 207 points to end at 25,230.
The best of India's brains are instead busy solving the world's problems (I deliberately exaggerate a bit to drive home the point), as our policies incentivise them to do so.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
Engineering conglomerate fended off three corporate raids but emerged stronger.
The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.
Most of the index heavyweights are yet to declare their results.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
Caution prevailed across the bourses ahead of the Union Budget.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
The broader Nifty also succumbed to the pressure before recovering to close lower by 6.35 points, or 0.07 per cent at 8,693.05
Raymond was one of the first to start organised apparel retail in India.
'I never imagined that there would come a day when the NBA game would be seen and heard by Indian fans in their own language.'
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
'The most unfortunate part is that after precipitating the crisis situation on Tuesday, the government ducked and took help from Saudi Arabia and the UAE to 'de-escalate' the situation.' 'Make no mistake, this fateful move has grave implications.' 'You don't take help from the wolf to guard the sheep, right?' says Ambassador M K Bhadrakumar.
The calculation excludes cross-holding of listed group cos in each other.
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
Real Madrid's 5-0 thrashing of Granada on Saturday equalled a Spanish record of 39 games unbeaten in all competitions. Reuters Sport takes a look at the factors behind their run.
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
