SENSEX NIFTY

Depreciating Rupee

May 24, 2016 at 09:40 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate owing to nega t ive trend seen in the Asian markets. Moreover, hawkish tone in the recent FOMC meeting minutes along with other US policymakers has revived rate hike expectations in the forth coming June FOMC meeting.
May 23, 2016 at 18:20 | Source: PTI
Extending its fall for the eighth straight session, the rupee on May 23 depreciated by another 5 paise to end at 67.49 per dollar on sustained demand for the US currency from banks and importers
May 23, 2016 at 12:23 | Source: CNBC-TV18
eClerx's EBITDA margins in the fourth quarter of FY16 rose 480 basis points to 41 percent quarter-on-quarter owing to the depreciation of the Indian rupee.
May 19, 2016 at 08:56 | Source: CNBC-TV18
Bond yields are reacting negatively to higher crude and depreciating rupee, says Mohan Shenoi, Kotak Mahindra Bank.
May 16, 2016 at 09:30 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate owing to weak trend seen in the Asian markets after the disappointing release of important economic data sets from India and China.
May 12, 2016 at 09:54 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate owing to strength seen in the DX. Also, negative trading in the Asian markets will govern the trend of the Indian markets and its currency. Investors will keenly watch IIP and CPI data from India due today.
May 11, 2016 at 11:40 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to depreciate owing to strength seen in the DX. Also, invest or s will keenly watch IIP and CPI data from India due tomorrow.
Apr 18, 2016 at 07:54 | Source: Moneycontrol.com
IT heavyweight TCS will declare its Q4 numbers later today. The company is expected to deliver a revenue growth of 1.4% in dollar terms. Margin improvement is seen on account of 2.3% rupee depreciation.
Apr 15, 2016 at 10:53 | Source: CNBC-TV18
Experts on CNBC-TV18 say that rupee depreciation helped margin growth for the IT bellwether. But watch out for recession in IT sector in another two-three quarters which might hit the company.
Mar 16, 2016 at 08:57 | Source: CNBC-TV18
The trading range for the day is seen between Rs 66.80-67.50/USD, says Pramit Brahmbhatt, Veracity.
Messages on Depreciating Rupee »

SK25

New Member

6 Followers

eClerx Services  

Tilak ji - I partially agree here but for eclerx depreciating rupee is an added advantage. Price trend will continue to be strong irrespective of that since we have visible organic growth in next 2 yr

3.30 PM Jun 9th 2014

timepassban
daaa

Gold Member

19 Followers

Sharp India  

depreciating rupee cannot have any effect on topline. Also, the company does not export much. So rupee does not really effect anything but royalty payments.

10.54 AM Jun 4th 2014

totalview

Platinum Member

469 Followers

Ricoh India  

of depreciated rupee and results may not be good particularly vis-a-vis march 2013 when they produced a block-buster quarter, the highest in ricoh india`s history. Management may also have been advised by merchant bankers to produce a subdued or even an adverse financial performance keeping in view the ensuing

12.40 PM May 19th 2014

marketman

Platinum Member

26429 Followers

TCS  

Yes manmohan spoiled Indian economics by depreciating rupee value against dollar.... Indian common man getting penalty..... Of course the same common man gave severe penalty to congress party during these elections.....

6.36 PM May 13th 2014

shmarketgen
ius

Platinum Member

736 Followers

Tech Mahindra  

.Persistent Systems did this a few years ago,and they have rewarded in truckloads.I see TM as such a management as well.On the other hand,Infy/Wipro totally lost the plot & are suffering now.All of us know that the Indian IT cos. have low costs as their biggest advantage.So,a lower/depreciated Rupee is even more

2.23 PM May 9th 2014

tiger8219

Platinum Member

172 Followers

Suzlon Energy  

swapcall I dont have that much accounting knowlegde but if suzlon has posted loss on fx due to depreciating rupee in past then this time we can expect no loss from fx . dont know how bigsky payment will effect it. if full payment is received in one go its different and in installments

11.07 AM Mar 25th 2014

TCS  

With depreciating rupee expect TCS to touch 2350 before result.

5.44 PM Mar 11th 2014

D.LAHIRI

Platinum Member

14 Followers

COPPER  

in fact I also feel china will not sit like a lame duck, they will announce some strong measures very soon, which will facilitate copper to spring up. Further we also cannot disregard that at present we have US support, and oncoming fed taper which to an extent will depreciate rupee.

11.24 AM Mar 11th 2014

vk1939

Platinum Member

213 Followers

Castrol  

weak macro-economic environment, depreciating rupee, persistent high inflation, rising fuel prices and high interest rates, have impacted both demand and costs. New vehicles sales, except two-wheelers and tractors, registered a double digit decline - the worst performance in over a decade. Slowdown

6.41 PM Feb 18th 2014

dr_rkshah

Silver Member

4 Followers

Economy  

Except depreciating Rupee and increasing Inflation,he has not done anything.

1.36 PM Feb 18th 2014

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