When the last round of polling was complete on 19th May. Most of the exit poll agencies were ready to show who was ahead in 2019 General Election. We saw most of the exit polls predicted BJP led NDA will form the next government. Exit Polls Result: NDA was likely to come back to power, was seen in the exit polls. On Monday we saw Nifty and Banknifty hitting a new all-time high. India VIX ... [Continue Reading]
Stocks Trading Strategy at time of Results and Advance Tax Numbers
After receiving many mails from traders, suggesting me to reveal some trading strategies on stock trading at the time of results declaration. So I have decided to share one stock trading strategy that can give you sure shot 100% guaranteed return, I am seeing smile on your face. :) Here it is, before results data come into market there is also something known as Advance tax numbers. This advance ... [Continue Reading]
NTPC Q1 Result Surprises Markets, Net Profit Jumps 13% at Rs.2,076 cr
NTPC Ltd. India's largest power generation company has declared its first quarter Q1 result for FY12 today. The company reported about 13% jump in its net profit to Rs.2,076 crore versus Rs.1841.9 crore in the same period on YoY basis. Its net sales went up 9.5% to Rs.14,171 crore from Rs.12,944.5 crore on YoY basis. Also company's expenditure rose by 10% to Rs.119.46 crore from Rs.108.21 crore as ... [Continue Reading]
Wipro Q1 Results Declared for FY12 Net Profit Down by 2.9%, Sell Wipro Stock
India's third largest software exporter, Wipro Ltd. has declared its first quarter Q1 results today, with a decline of 2.9% in its net profit to Rs.1,335 crore versus Rs.1,375 crore in the previous quarter (QoQ basis). It was also found that EBIT margins for the company were at 21.96% for the first quarter. Consolidated revenues jumped by 3% to Rs.8,564 crore from Rs.8,302.4 crore for the ... [Continue Reading]
HDFC Bank Q1 for FY12 Reports Net Profit of Rs.1085 crore
India’s second largest private sector bank HDFC Bank, reported its first quarter result for 2011 (April-June), its net profit rose by more than 33% to Rs.1,085 crore as compared to the same period last year. This result was better than expected, so the market participants has become positive on the growth of this private sector bank. However, the CASA (Current Account Savings Account) ratio ... [Continue Reading]
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