Tag: sensex weekly report
Company has posted better returns than what was expected. On the consolidated basis, the company has reported 104.4 % & 8% rise in net profit and 157.6% & 4.4% rise in Profit after tax for the quarter ended September 30, 2015 as compared to for the same quarter in the previous year (Q2 FY15) and for the last quarter (Q1 FY16). Net Revenues (consolidated) of the company has increased by 14.1% and marginally decreased by 2.3% for quarter under review as compared to the quarter ended September, 2014 and June, 2015 respectively. These extraordinary results were also due to drastic drop in exceptional expenses.
Exceptional expenses are not ordinary expenses and occur rarely and have no impact in future earnings. So we have filtered those effects. Excluding exceptional expenses, Net profit and Profit after tax grew by 63.5% on Y-o-Y basis, which are much better than both industry and its own past performance.
Latest Key Indicators of the stock are as follows:<br /><a class="btn btn-tislider-two" href="http://www.ifminvest.in/motherson-sumi-systems-ltd-has-declared-the-results-of-q2-fy16/">Read More</a>
Axis Bank Ltd. has reported good financial results in the current quarter. On the consolidated basis, company has reported 18.93% rise and 3.17% decline in net profit compared to same quarter last year & previous quarter respectively.
Gross Interest income reported at Rs. 9,960 Cr. Grew by 15.58% and 0.24% for the quarter under review as compared to the quarter ended September, 2014 and June, 2015 respectively. Net interest income at Rs. 4,062 Cr. grew by 15.24% & 0.14% on Y-o-Y basis & Q-o-Q basis and net interest margin stood at 3.85%. Other income (majorly fee income) is 17% of total income. Core operating income (excluding earnings on sale of investments) increased by 19.67% at Rs. 3460 Cr.
Asset quality of the bank deteriorated marginally. The bank's Gross NPA and Net NPA for the July-September quarter of the current fiscal increased to 1.38% and 0.48% as compared to 1.34% and 1.34% in the same quarter of the previous year respectively.
Proportion of CASA as on 30-Sep-2015 stood at 44%. Return on assets was 1.64%.
Latest Key Indicators of the stock are as follows:<br /><a class="btn btn-tislider-two" href="http://www.ifminvest.in/axis-bank-ltd-declared-the-financial-results-of-q2-fy16/">Read More</a>
Indian investors have less access to researched view on equity markets and invest as per market buzz only. They choose to invest in funds or sectors which are generally in news and don’t care to look beyond the obvious. Pharma sector and funds are great example of it. Pharma sector has consistently performed well along […]
Foreign Institutional Investment is the investment made by the non Indian citizens/companies in the Indian market. Only individuals/companies registered with SEBI are allowed as Foreign Institutional Investors in India. Foreign Institutional Investors help in improving the economical condition of the country. It helps in decreasing the fiscal deficit and increases the cash flow. It increases […]
Sensex closed at 22994.23, a rise of 590 points as compared to a fall of 284 points in the previous week. Sensex crossed the 23000 mark & made a new All Time high of 23048. Sensex is in strong uptrend and continue to be remaining in uptrend with higher volume and volatility. Most of the […]
Weekly Market Pulse – March 31, 2014 Sensex closed at 22340, a rise of 584 points as compared to a fall of 56 points in the previous week. Sensex made a high of 22363.93 we have seen in the last week that market is taking a pause at the levels of 21700-21800 now it […]
Weekly Market Pulse – March 24, 2014 […]
Sensex closed at 20366, a fall of 10 points as compared to a fall of 137 points in the previous week. In the weekly chart below, we see that the Indian markets are trending downward, the western markets are trending the same. So Markets are jittery before the significant event i.e. Elections & US tapering […]
Sensex closed at 20377, a fall of 137 points as compared to a fall of 620 points in the previous week. In the weekly chart below, we see that Sensex at 10 has made a hammer after a downtrend in a support area. The supports are the horizontal support zone formed by points 1, 2, […]