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Buy Hindalco at dips
Posted by :
NAMIRIVAoptional analyst first update yourself. novelis which was acquired by hindalco last year was in loss is now showing profit above the street estimates.isnt this news good enough to raise the price back to 150 levels ...
Buy Hindalco at dips
Posted by :
Option Analyst
Hindalco has strong support at 109. Secondly its quarterly profits r decline, thirdly this share has strong fundamentals but it cannot go up to 150 or 200 in one or four days. First it declines at its support level and then it goes up at lower rate.
Next Resistence level is RS 22. Today this share is goes up because of market trend. There is no support or news for running this share.
Resistence level. - 100, 113, 122
Support - 104, 109...
novelis results-good news
Posted by : NAMIRIVA
hindalcoNovelis Reports Higher Net Income for Second Fiscal Quarter on Improved Sales
Across All Geographic Regions
World`s Leading Producer of Aluminum Rolled Products Credits Continued Success
of Operational Efficiency Initiatives for the Higher Results
ATLANTA, Nov. 3 /PRNewswire/ -- Novelis Inc., the world`s leading producer of
aluminum rolled products, today reported net income attributable to its common
shareholder of 5 million for the second quarter of fiscal 2010 ended
September 30, 2009, a 36 percent increase over net income of 3 million
reported for the immediately preceding first fiscal quarter. Second quarter
net income for the current year compares to a net loss of 4 million
reported for the same period a year ago.
...
sentiments
Posted by :
Guest
I agree with you!!!!
It has very good fundamentals too.
It will shine for ever!!!...
sentiments
Posted by : NAMIRIVAwhy hindalco will go to 200.. what is the magic to see in four days if the script is strong enough to go to rs 200...
NSE Announcements on Hindalco
Posted by : MMB MessengerHindalco Industries Ltd. has informed the Exchange regarding the press release dated October 31, 2009, titled " Hindalco announces Q2 FY 2009-2010 results". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
sentiments
Posted by : Guestusually some experts and the persons who are not involved any information uses to give commets of sellin and buying with out any information. what is wrong with script. no body knows. it is here proposed for investors go throug company background and then buy. according my personal observation HINDALCO a leader of aluminium is a pick of solid investment and will cross 200+. this observation is on technical basis(demand. management, operation) ...
buy target 200
Posted by : Guestleave aside market experts buy and see magic in a 4 days...
NSE Announcements on Hindalco
Posted by : MMB MessengerHindalco Industries Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 876346 lacs for half year ending on 30-SEP-2009 against Rs. 1025571 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 82461 lacs for the half year ending on 30-SEP-2009 against Rs. 141671 lacs for the half year ending on 30-SEP-2008....
BSE Announcements on Hindalco
Posted by : MMB MessengerHindalco Industries Ltd has informed BSE regarding a Press Release titled "Hindalco announces Q2 FY 2009-2010 results". ...
BSE Announcements on Hindalco
Posted by : MMB Messenger
Hindalco Industries Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:
The Company has posted a net profit of Rs 3440.50 million for the quarter ended September 30, 2009 where as the same was at Rs 7199.50 million for the quarter ended September 30, 2008. Total Income is Rs 49744.00 million for the quarter ended September 30, 2009 where as the same was at Rs 58599.50 million for the quarter ended September 30, 2008.
Arising from the announcement of the Institute of Chartered Accountants of India dated March 29, 2008 on Accounting for Derivatives, the Company has decided for early adoption of Accounting Standard (AS) 30 on Financial Instruments Recognition and Measurement, in so far as it relates to derivative accounting, from April 01, 2009. Accordingly net loss arising on fair valuation of outstanding derivatives as on April 01, 2009 has been adjusted against general reserve following transitional provisions. Accounting for all derivatives from April 01, 2009 have been done as prescribed under the AS. Accordingly, net gain / (loss) Rs. (47) crores, Rs. 199 crores and Rs. (31) crores for the quarter ended September 30, 2009 and Rs. (38) crores, Rs. 15 crores and Rs. 287 crores for the six months ended September 30, 2009 have been included under Net Sales, Consumption of Raw Materials and Other Expenditure, respectively, with consequential impact on profit for the quarter and six months ended September 30, 2009. The figures of the current quarter and six months in respect of above items are, therefore, not comparable with those of the corresponding period of the previous year. ...
NSE Announcements on Hindalco
Posted by : MMB MessengerHindalco Industries Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 489256 lacs for quarter ending on 30-SEP-2009 against Rs. 563656 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 34405 lacs for the quarter ending on 30-SEP-2009 against Rs. 71995 lacs for the quarter ending on 30-SEP-2008....
Stock Advice
Posted by : ar_akmDeho Uanth kis karbat bethta hai?...
Stock Advice
Posted by : brainchild
Block deals in October alone for a considerable amount. ...
