Oct 23, 2014 at 19:30 | Source: Moneycontrol.com
Wipro lost 4 percent as its second quarter (July-September) net profit declined nearly 1 percent sequentially (up 8 percent year-on-year) to Rs 2,098.3 crore dented by higher tax and finance expenses, and reconciling items. Profit in the previous quarter was Rs 2,118 crore.
Oct 22, 2014 at 20:41 | Source: CNBC-TV18
Dealers claim to have seen a 15-20 percent rise in sales over last year. However, this year sales growth is being viewed very differently by different companies.
Oct 22, 2014 at 16:59 | Source: CNBC-TV18
Hero Motocorp and Maruti Suzuki remain great stories from the auto space, says Jagdish Malkani, Member BSE and NSE.
Oct 22, 2014 at 16:51 | Source: CNBC-TV18
Hero Motocorp is a great play on the consumer story, no doubt about it but at these prices I would still be cautious and as I said first of all there is the entire scooter phenomena, says Jagdish Malkani.
Oct 22, 2014 at 14:00 | Source: Moneycontrol.com
Cipla, Hero MotoCorp, Bajaj Auto, Tata Motors and Maruti Suzuki are top gainers in the Sensex. Among the losers are ONGC, ITC, NTPC, ICICI Bank and Bhart Airtel.
Oct 22, 2014 at 13:05 | Source: CNBC-TV18
Deven Choksey, MD of KR Choksey Shares and Securities recommends buying Hero Motocorp and Bajaj Auto.
Oct 22, 2014 at 13:00 | Source: Moneycontrol.com
Hero, Bajaj Auto, Tata Motors,, Maruti Suzuki and L&T are top gainers in the Sensex. Among the losers are ONGC, Hindalco, NTPC, Coal India and ICICI Bank.
Oct 22, 2014 at 12:25 | Source: CNBC-TV18
Sanjay Dutt, Director, Quantum Securities, said the outlook is positive on the stock. However, according to him, the auto ancillary space has a problem with margins, particularly the tier-II ones, which rarely manage to get the pricing power or the liquidity from the buyers.
Oct 22, 2014 at 11:13 | Source: Moneycontrol.com
Hero, Tata Motors, Bajaj Auto, BHEL and Cipla are top gainers while ONGC, Coal India, Tata Power, SBI and ITC are laggards.
Oct 21, 2014 at 15:44 | Source: Moneycontrol.com
Angel Broking is bullish on Bajaj Auto and has recommended accumulate rating on the stock with a target of Rs 2583 in its October 17, 2014 research report.