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TOP CORPORATE NEWS – 29 MAY 2017

Escorts Q4 net profit beat Escorts net profit rose to Rs59.5 crore Vs Rs18.4 crore in Q4FY16 Revenue up 29.5% at Rs1044 crore (YoY) Escorts Reports One-time Gain of Rs14.7 crore Vs loss Of Rs11 crore Margin 7.3% Vs 5.5% (YoY); Torrent Pharma result is below expectation Torrent Pharma FY17 Earnings Sales for the quarter

Stocks in action for today:29 MAY 2017

On Friday, Nifty opened the session on a positive note and thereafter buying momentum continued and Nifty touched the level of 9600 for the first ever, however, it closed 5 points shy from 9600 mark. Now going forward Nifty needs to sustain above levels of 9610 to witness any up-move towards the level of 9650.

Sensex breaches 31,000-mark for the first time, Nifty touches 9,600

The stock market continued to charge ahead on Friday with the BSE’s benchmark Sensex scaling the 31,000-mark for the first time and the National Stock Exchange’s Nifty testing 9,600. Both rallied close to a per cent each, led by strong gains in heavyweights such as ITC and Reliance Industries, which rose three per cent and

STOCKS TO LOOK OUT FOR Next week ahead:26 MAY 2017

It was party time on D-Street as markets rocked on a memorable day. Indian equity markets on Friday achieved their lifetime highs, with NSE Nifty touching its life-time intra-day high of 9605 and BSE Sensex scaling to its all-time intra-day high of 31074. Nifty was able to sustain the crucial level of 9500, while Sensex

TOP CORPORATE NEWS – 26 MAY 2017

ITC net profit at Rs2669 cr; Revenue meets est ITC Profit up 12.1% at Rs2669 crore Vs Rs2381 crore (YoY) Revenue at Rs15009 crore EBITDA Margin at 34.8% Vs 36.9% (YoY) EBITDA up 7.5% at Rs3875.4 crore Vs Rs3605 crore (YoY) ITC Q4 Cigarette revenue up 4.8%, Cigarette EBIT up 16.9% ITC board approves dividend

Stocks to look out for today:26 MAY 2017

On Thursday, Nifty started off the session on a positive note tracking firm cues from Asian peers and thereafter index scaled higher as buying was seen across the sectors and finally the Nifty index ended the session above 9500 mark. Now going forward Nifty50 needs to sustain above levels of 9540 to witness any up-move

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