Share Trading Tips

MindTree was started in August 1999 by a diverse team of 10 professionals who came from three different nations and had already scripted successful careers. MindTree Ltd. is a global IT and Product Engineering Services Company with deep knowledge in specific domains. MindTree is acknowledged as the best mid-size software services company out of India [...]

ALICON CASTALLOY CMP – Rs.63 BSE Code : 531147 NSE Symbol : ALICON Q2FY12 & FY11 Results of ALICON CASTALLOY During FY11, sales on consolidated basis advanced by 65.1% to `346.3 crore but net profit rose by 14.2% to `15.3 crore. OP and NP margin stood at 12.1% and 4.4% against 17.3% and 6.3% respectively [...]

Revenue grew 2.3%QoQ to USD103.7mn. Rupee revenue grew 13.8%QoQ to Rs5,197mn. Pricing growth of 3.5%QoQ and volume decline of 2.6%QoQ. EBITDA margin expanded 438bpsQoQ to 17.3%. Forex loss of Rs25mn against gain Rs171mn in Q2. PAT was Rs606mn, higher than streets’ and our expectation. EPS was Rs14.9, 10.7%QoQ. IT services continued to grow at a [...]

HCL Technologies Ltd Higher than expected growth in Core Software offset one-off decline in IMS In case of IT services volume grew by 4.9% QoQ in Q2FY12 better than our expectation and higher than peer sets -for instance TCS and Infosys registered volume growth of 3.2% and 3.1%, respectively, on QoQ basis in December quarter. [...]

Mphasis Ltd. CMP – Rs. 314 Mphasis’s revenue (adjusted for reversal of credit note of Rs.66.5 crore in Q3FY11 and deferment of revenue booking of Rs.34.6 crore due to incomplete documentation in the previous quarter) declined by 2.8% on QoQ basis to USD272.1 million (excluding revenue of USD4.1 million from Wyde- company acquired w.e.f. Sept [...]

Hindalco has grown its net profits at an average rate of 11% over the past five years. Over the next three years, we expect profit growth to improve at an average rate of 18 ROIC is an important tool to assess a company’s potential to be a quality investment by determining how well the management [...]

Unichem Laboratories Ltd BSE 506690  NSE :  UNICHEMLAB Unichem is expanding quickly in the US market. Currently the company has ANDA filings of 22, with 11 approved & 7 launched. The management has guided revenues of ~USD 7mn & USD 15mn in FY12 & FY13 respectively. Further it expects to file ~1-2 ANDA’s per quarter. [...]

IRB Infrastructure Ltd IRB Infra reported Q2FY12 consolidated revenues of Rs 736 crore (up 5%, YoY) that is inline to our expectation, primarily increased by construction Income of Rs 528 crore (up 79%, YoY) and Toll revenue grew by Rs 238 crore (up 17%, YoY). EBIDTA grew to Rs 321.5 crore (up 36%, YoY) and [...]

ITC Ltd FMCG major ITC reported strong performance with Net sales up by 18% y-o-y to Rs 5974.2 crores, inline with our estimates on the back of strong double digit growth in Cigarette (16%),FMCG-Others(27%) & Agri (15%). Cigarette segment delivered strong revenue growth of 16% y-o-y to Rs 2968 crores driven by volume growth of [...]

Bank of Baroda (BoB) is the third largest public sector bank (PSU), differentiating itself on  account of higher share of international business together with an excellent track record of consistent and qualitative growth reflected in better branch and employee productivity in comparison to its peers. Over the past few years, the bank has created a [...]