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

HUL lifts up the markets
Tue, 30 Apr Closing

With buying activity intensifying during the closing stages, indices in the Indian share market edged higher and closed comfortably in the positive. While BSE-Sensex gained to the tune of 117 points, NSE-Nifty closed with gains of 26 points (up 0.5%). BSE Mid Cap and BSE Small Cap indices witnessed contrasting trends with Mid Cap index gaining 0.4% whereas the Small Cap index ending lower by 0.3%. Nearly three stocks gained for every two that closed the day in the red.

While other Asian markets closed strong today, Europe too is trading mostly in the negative currently. The rupee was trading at Rs 53.8 to the dollar at the time of writing.

The indices continued from where they left off yesterday. And while they did show signs of fatigue, they quickly recovered towards the closing hours and posted significant gains on yet another occasion. Bulk of today's gains came on account of buoyancy in HUL counter where news of buyback by parent created significant buzz and took the stock some 17% higher. Other heavyweights like ITC and ICICI Bank also helped the Sensex post a strong gain.

Petronet LNG has announced results for the fourth quarter of financial year 2012-2013 (4QFY13). The company has reported around 33% year on year (YoY) growth during the quarter. The total expenses during the quarter witnessed a growth of 35% YoY. The pre tax profit for the quarter was up 5% YoY. The net profit for the quarter was flat as compared to the corresponding quarter of the last year. The net profit margin for the quarter stood at 2.9%, as compared to 3.9% in 4QFY12. The board of directors has recommended dividend at 25% on paid up share capital of the company (i.e. Rs 2.50 a share) for the year. The stock closed marginally higher today.

Dabur also announced its results for the quarter ended March 2013. The company posted a revenue growth of 12.5% YoY. On the back of reduction in other expenditure coupled with controlled raw material costs and ad-spends, Dabur managed to expand operating margin by 0.8% to 17.7%. Net profit for the quarter increased by 17.6% aided by 102% jump in the other income component. Interest charges and tax outgo grew by 162% and 34% respectively during the quarter. The stock closed marginally higher today

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 "HUL lifts up the markets". 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.