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As ITC beats estimates to post a year-on-year increase of 26% in its net profit for the fourth quarter at Rs 1,614 crore, Sharekhan's FMCG analyst ... Sanjay Manyal, research analyst, ICICI Direct adds that ITC could sustain margins without ...
May 25, 2012 at 10:06 | Source: MoneyControl.com
Improved revenue mix and efficient buying efficiencies are helping this growth,” Kaustubh Pawaskar, analyst, Sharekhan Institutional Research, said. Analysts expect volume growth to be impacted in the cigarette business in the next two quarters as the ...
May 26, 2012 at 02:48 | Source: Daily News and Analysis
Sharekhan's head of research Gaurav Dua said: "The falling rupee clearly indicates that all is not right with the economic health of the country. So it discourages foreign inflows be it FDI or FII inflows. "It negatively impacts net importers or companies ...
May 24, 2012 at 09:10 | Source: in.news.yahoo.com
RIL fell 2.32 per cent to Rs 681.15 on the BSE, close to the stock's 52-week low. Gaurav Dua, head of research at Sharekhan, said, "The markets continue to drift downwards because of rising inflation and macro-economic issues such as slowing industrial ...
May 15, 2012 at 08:44 | Source: in.news.yahoo.com
"From a medium-term perspective the stock looks bearish and we are expecting it to fall to 620 or 640 levels," said Somil Mehta, senior technical research analyst (equity) at Sharekhan. "Long-term trend line for the stock is near 630. Momentum indicators ...
May 15, 2012 at 06:14 | Source: Kerala Next