Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGIN

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Revealed
India's Third Giant Leap

This Could be One of the Biggest Opportunities for Investors




Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Indian share markets remain buoyant
Wed, 19 Feb 01:30 pm

Indian share markets continued to trade higher in the post-noon trading session. Sectoral indices are trading mixed with consumer durable, capital goods and pharma stocks being the biggest gainers whereas metal, power and auto are among the few stocks trading in the red.

BSE-Sensex is up 31 points and NSE-Nifty is trading 8 points up. BSE Mid Cap is trading 0.2% down and BSE Small Cap index is trading up by 0.5%. The rupee is trading at 62.2 to the US dollar.

As per a leading financial daily, SEBI in its discussion paper has proposed that the top 200 companies by market capitalization would be required to file Annual Information Memorandum (AIM) every year. The AIM would provide consolidated information about companies in a single document and will come into effect from 1st April 2014. The AIM document will essentially provide vital details about the company such as history, promoters, contact information, key managerial personnel, business & industry description, capital structure, market price, financial statements, management discussion & analysis, utilization of issue proceeds, industry regulations and policies, legal information and any other material information of the preceding year. This is likely to improve the transparency level in the stock markets.

Majority of the food stocks are trading in the green with Tata Coffee and Godfrey Phillips being among major gainers. As per a leading financial daily, Nestle announced its results for the quarter ended December 2013. The company clocked a 4.7% increase in revenue in 4QCY14 on a 3.7% YoY rise in domestic sales and 21% YoY jump in export turnover. However, operating margin contracted by 2.5% YoY due to a faster rise in raw material costs and other expenses. At the net level, Nestle has been able to limit contraction in profit margin to 0.5% aided by a steep rise in other income earned and lower provisioning. For the full year 2013, the company reported a 9% growth in topline and a subdued 4.6% increase in net profits. The company has declared a final dividend of Rs 12.5 per equity share of face value of Rs 10. The total dividend declared in CY13 adds up to Rs 48.5 per share. Nestle's stock is currently trading up by 0.9%.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Indian share markets remain buoyant". Click here!

  
ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
TRENDING TOPICS
FREE NEWSLETTERS
EQUITYMASTER SUPPORTS
  • HelpYourNGO
  • You Tube
  • Linkedin
  • Twitter
  • Telegram
  • Google Play

Copyright © Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited).

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Phone +91-9136015013

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst)
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Email: info@equitymaster.com. Website: www.equitymaster.com.
CIN:U74999MH2007PTC175407

Name of the Compliance & Grievance Officer: Ms Sonal Ramachandran
Telephone: +91-22-61434003 | Email: compliance@equitymaster.com

LEGAL DISCLAIMER:
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.