- 10:37 AM Nifty choppy with positive bias; Infy, Sterlite, W...
- 10:34 AM Book profits in Cummins India: VK Sharma
- 10:30 AM Buy GVK Power, says VK Sharma
- 10:19 AM Buy HOEC on all declines: Mitesh Thacker
- 10:13 AM Book profit in Sesa Goa at Rs 340: Thacker
- 10:04 AM SEBI bars Pyramid Saimira for 7yrs in IPO irregula...
- 09:58 AM Pantaloon Retail may slip to Rs 265: Thacker
- 09:56 AM Sensex flat; SBI, ICICI Bank, DLF, HDFC, RComm dip
- 09:55 AM Mkt may trade sideways on quiet global cues: Udaya...
- 09:54 AM State Trading Corporation can test Rs 425: M Thack...
As per the latest Q4 advance tax numbers, Reliance has paid Rs 443 crore versus Rs 118 crore (YoY). Tata Steel has paid Rs 300 crore versus Rs 350 crore (YoY). Tata Motors has paid Rs 75 Crore versus Rs 190 crore (YoY), TCS has paid Rs 115 crore versus Rs 20 crore (YoY).
|
RSS feed for news about this stock Click here |
Indian Hotel has paid Rs 44 crore versus Rs 2 crore (YoY), M&M has paid Rs 116 crore versus Rs 83 Crore (YoY), L&T has paid Rs 170 crore versus Rs 80 crore (YoY), ICICI Bank has paid Rs 250 crore versus Rs 125 Crore (YoY).
According to CNBC-TV18 Analyst Nimesh Shah, the advance tax numbers suggest that Q4 earnings are likely to surprise. These are very decent numbers. Except for two largecap companies, almost everyone is surprised on the higher side, in terms of Q4 advance tax numbers.
There are just nine banks put together. Their advance tax numbers have gone up by nearly 110% as compared to last year. With respect to the 9 Sensex stocks, which have close to 48-49% weightage in the Sensex, their advance tax numbers have gone up by nearly 87-88%. So, these are definitely a decent set of numbers.
SBI has the highest paid advance tax, in terms of largecap companies. In the largecap space, two companies have seen a negative advance tax payment. They are Tata Steel and Tata Motors.
Apart from that, in the banking space ICICI Bank, HDFC Bank and even the PSU Banks have reported a strong set of advance tax numbers for this quarter. If you look at the largecap companies, TCS and M&M spread out decent numbers.
Even in the midcap space, some of the big surprises were Indian Hotels with Rs 40 crore versus Rs 2 crore.
Dena Bank, IndusInd Bank and some of the smallcap banks have reported a strong set of numbers. Castrol has reported a strong set of numbers and MRPL has been a big surprise with Rs 100 crore versus Rs 20 crore.
HDFC Bank paid Rs 250 crore versus Rs 165 crore (YoY)
Bank Of India paid Rs 191 crore versus Rs 150 crore (YoY)
Union Bank paid Rs 130 crore versus Rs 100 crore (YoY)
Central Bank paid Rs 220 crore versus Nil (YoY)
Ambuja Cement paid Rs 175 crore versus Rs 100 crore (YoY)
MRPL paid Rs 100 crore versus Rs 20 crore (YoY)
Given below are some of the Advance Tax numbers for this quarter:
Company Previous No Current No.
SBI 690 1418
RIL 118 443
Tata Steel 350 300
HDFC 165 250
BOI 150 191
BOB 50 220
L&T 80 170
UNION BANK 100 130
TATA CHEM 65 90
TCS 20 116
CBI 0 221
ICICI 125 250
M&M 83 116
TATA MOTOR 190 75
IND HOTEL 2 44
DENA BANK 10 50
MRPL 20 100
TATA POWER 0 43
TECH MAHINDRA 5.5 0
INDUSIND BANK 12 19
GUJ AMBUJA 100 175
CASTROL 24 46
ULTRATECH 110 155
BPCL 275 240
|
|
Today's Special Column
with Ashok Gulati
International Food Policy Research Institute , Director in Asia
-
Most Read
-
Most Viewed
- 10 companies that MF managers love
- 10 Companies that FIIs love
- Experts on stocks and sectors to pick/avoid now
- Sensex may drift down to 12500, -ve on RIL: Shankar Sharma
- IPO scam: SEBI bars Pyramid Saimira for 7 years
- Ganeshaspeaks: Market prediction for Nov 11
- Mitesh Thacker's top picks for today's trade
- What are Ashish Chugh's hidden gems for Nov?
- Buy HOEC on all declines: Mitesh Thacker
Source: CNBC-TV18
- Book profit in Sesa Goa at Rs 340: Thacker
Source: CNBC-TV18
- SEBI bars Pyramid Saimira for 7yrs in IPO irregularity case
Source: Moneycontrol.com
- Pantaloon Retail may slip to Rs 265: Thacker
Source: CNBC-TV18
- Kochi port urges Govt to lift palm oil import ban
Source: Business Line
- Punj Lloyd signs JV agreement with Delta Solar
Source: Business Line
- IL&FS renegotiates Maytas Infra debt package with lenders
Source: Business Line
- Neyveli Lignite to set up wind power project
Source: Business Line
