Sesa Sterlite

Negative on Cairn-Vedanta merger, says SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.

Vedanta logs robust earnings, beats falling commodity prices

"Vedanta has produced robust results in a volatile market with relentless focus on cost discipline and improved productivity, leading to strong earnings and record cash flow," Chairman Navin Agarwal said while addressing 51st annual general meeting of Vedanta in Goa.

Vedanta revamps top deck; appoints India metals business CEO

Heads of Aluminium, Copper, Power and Iron ore business will report to the new CEO

Sesa Sterlite expects 5.5 MT iron ore exports by March

Vedanta, which owns Sesa Sterlite, has named the falling global prices of iron ore as one of its biggest challenges.

Vedanta used Cairn loan to repay inter-company loan

Cairn India's USD 1.25 billion loan to its promoter group, which had spooked investors, was used by Vedanta Ltd to repay another inter-company loan taken for acquisition of the oil company.

Underlying result strong; to focus on cash flow: Vedanta

Vedanta had a record production in its aluminum and Zinc businesses over the course of the year. The company kept its oil and gas businesses stable over a period of time and again met many of its operations objective theory.

Vedanta Q4 profit may fall 57% on weak Cairn's nos

Vedanta's (earlier known as Sesa Sterlite) fourth quarter profit is likely to fall 57 percent year-on-year to Rs 690 crore due to weak earnings from Cairn India, according to a CNBC-TV18 poll.

Sesa Sterlite renamed as Vedanta

Vedanta Limited, the Indian subsidiary of London listed, Vedanta Resources Plc, a globally diversified natural resources company, is engaged in the exploration and production of aluminium, zinc, lead silver, copper, iron ore, oil & gas and commercial power.

Nifty hovers around 8400; Hero up 2%, ONGC & Sesa weak

HUL is up 3 percent while Sun Pharma, Hero Motocorp, Dr Reddy's Labs and M&M are top gainers in the Sensex. Among the losers are Wipro, Infosys, Tata Motors, ONGC and Sesa Sterlite.

Buy Sesa Sterlite, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises buying Sesa Sterlite.

Stock market prediction for April 20-24: Satish Gupta

Pharma sector will continue getting strong astrological support. Buy Cipla, Glenmark Pharma, Sun Pharma, Divis Lab, Ajanta Pharma, Wockhardt etc, says Satish Gupta of Astrostocktips.

Bullish trend may continue in ONGC: Kunal Bothra

Kunal Bothra of LKP Securities is of the view that one may see the bullish trend may continue in ONGC and Reliance Industries.

Here are Kunal Bothra's top trading ideas

Watch the interview of Kunal Bothra of LKP Securities with Mangalam Maloo & Reema Tendulkar on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.

Sensex falls over 100 pts; Reliance, HUL, Sesa top gainers

IT stocks are in deep red dragged by disappointing March quarter results by TCS. The stock is down 4 percent while Wipro slips 2 percent. Other losers are Bajaj Auto, Axis Bank and Hero Moto. Sesa Sterlite, Tata Steel, Hindalco, Reliance and HUL are among major gainers in the Sensex.

Sesa Sterlite may hit Rs 210-220: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Sesa Sterlite may test Rs 210-220.

Sensex falls 245 pts, Nifty ends at 8750; auto, banks drag

The market saw steep fall in late trade with the Sensex losing 244.75 points to 28799.69 and the Nifty declining 83.80 points to 8750.20. Even the broader markets snapped 10-day winning streak, falling more than half a percent.

Nifty breaks 8800; banks gain, Infosys down 1%

The rupee recovered by 13 paise at 62.38 against the US dollar in early trade on Wednesday at Interbank Foreign Exchange after the Greenback weakened overseas due to disappointing American retail sales data.

Stock market prediction for Apr 13-17: Satish Gupta

According to Satish Gupta of astrostocktips, auto ancillary sector will continue getting strong astrological support and advises buying Bharat Forge, Motherson Sumi Systems, Amtek Auto, Lumax Auto, Autoline Industries and Clutch Auto.

Q4 nos may not be good; pharma stocks costly now: Expert

In an interview to CNBC-TV18, Independent market expert Ratnesh Kumar said most pharmaceutical companies are quite expensive now and therefore, it would be tough to increase allocation there.

Sesa Sterlite's iron ore, oil output dips in FY'15

However, the output of copper, aluminium and power business rose during the fiscal that ended on March 31, as compared to the year-ago period, Sesa Sterlite said in a filing to the BSE.

Weekly wrap: Sensex, Nifty up 2%; small-caps rage on

Investors will now be fixated with the fourth quarter corporate earnings beginning in the truncated week ahead. Experts however aren't expecting the earnings to be blockbuster in terms of growth and expect the consolidation to continue in the absence of any major triggers