13 February 2014

MID SESSION UPDATES OF 13-FEB-2014

RESULTS TODAY:- Oil And Natural Gas Corporation Ltd.,Sun Pharmaceutical Industries Ltd.,Indian Oil Corporation Ltd.,United Spirits Ltd.Hindalco Industries Ltd.
Market  slipped into the red and hit fresh intra day low in morning trade as weakness in Asian stocks dampened sentiment. The barometer index, Sensex, was down 83.28 points off close to 140 points from the day's high and up about 15 points from the day's low. The market breadth, indicating the overall health of the market, was negative.
Cipla extended initial losses on weak results. Shares of commercial and passenger vehicle makers rose as latest data announced after market hours on Wednesday, 12 February 2014 showed that inflation based on the combined consumer price index (CPI) for urban and rural India for January 2014 eased to 24-month low level. Shares of two wheeler makers declined.
The market edged higher in early trade. It slipped into the red and hit fresh intra day low in morning trade.Cipla's consolidated net profit fell 17% to Rs 284 crore on 22% rise in income from operations to Rs 2581 crore in December 2013 over December 2012. The result was announced after market hours on Wednesday, 12 February 2014.
Coal India's consolidated net profit fell 11.39% to Rs 3894.09 crore on 2.91% fall in total income to Rs 19110.74 crore in  December 2013 over  December 2012. The result was announced after market hours on Wednesday, 12 February 2014.
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1 comment:

  1. Deepak Thank you, , for the wonderful tips.

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