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ET Home › Markets › Stocks › News › Up to 9,000% return in 10 years! Time-tested formula throws up evergreen stocks and rising stars Search for News, Stock Quotes & NAV's

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Up to 9,000% return in 10 years! Time-tested Top Trending Terms


formula throws up evergreen stocks and Sensex Stock Market Stock Recommendations IPO

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Rupee vs Dollar Share Market Silver Price Nifty 50

By Rahul Oberoi, ETMarkets.com | Updated: Apr 26, 2018, 12.14 PM IST Nifty Bank

2
Comments
SPOTLIGHT
Superior economies with reasonable competitive moat of a
Flying High
business can create long-term wealth for investors. An
efficient business with consistency and sustainability
normally creates value for shareholders, which can be
measured by incremental return on capital employed (I-
RoCE).

According to Edelweiss Securities, I- According to Edelweiss Securities, a Mumbai brokerage, I-


RoCE is a true reflection of a RoCE is a true reflection of a management’s ability to
management’s ability to redeploy
redeploy incremental capital at higher returns, not clouded
incremental capital at higher returns,
by past capital allocation decisions. Hence, it’s a lead Chennai: This is what you
not clouded by past capital allocation
decisions. indicator of future RoCE. could see from new terminal
A domestic passenger who walks into the
Related A screener using this criteria throws up companies like giant terminal will be taken by a shuttle bus A
Kajaria Ceramics NSE -1.14 % , Avanti Feeds, MRF, Atul, through a 1.6km-long tunnel under the main A
A peek into the Q4 changes in
runway and taxiways to a satellite terminal.
Rakesh Jhunjhunwala's billion Sheela Foam, Vardhman and La Opala; evergreen
dollar bets Singapore Airlines to launch world's
companies that have either been improving or sustaining longest non-stop flight
Trader's guide to India elections high RoCE at over 20 per cent for at least 10 years now. Ludhiana to have air link with Shimla,
says it's time to buy equities Kullu soon

Edelweiss classifies Heritage Foods, CCL


Company Summary NSE BSE Products, KPR Mill and Nilkamal NSE 1.21 %
as rising stars. From low historical RoCE of
Kajaria -6.15 (-1.11%) less than 20 per cent, these companies are
now moving up the curve.
La Opala -2.70 (-0.95%)

Nilkamal Kajaria Ceramics, Nilkamal, Avanti Feeds


17.45 (1.04%)
EXPAND TO VIEW ALL
and La Opala NSE -0.39 % have seen their
RoCE increase from 12.81 per cent, 15.33 Most Read Most Shared Most Commented

per cent, 4.77 per cent and 5.59 per cent, respectively, in FY08 to 32.19 per cent, 23.29 Accounting quirks? Jio earnings face close scrutiny
per cent, 61.69 per cent and 29.26 per cent as of March 31, 2017. on D-Street

Guess what! TCS alone is bigger than total m-cap


KPR Mills, CCL Products and Heritage Foods have also witnessed a substantial rise in of all listed stocks in Pakistan
RoCE during this period. Shares of these companies have delivered between 740 per cent
Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
and 9,000 per cent returns over the past 10 years. crore; ARPU falls 27% to Rs 116

HDFC Bank posts record profit of Rs 4,799 crore for


Kajaria is the leader in tile industry, with 22 per cent market share (from 13 per cent in Q4, asset quality stable
FY10) and enjoys highest Ebitda margins, whereas Heritage Food is focusing on high
TCS scripts history, becomes first Indian IT
growth, high margin value-added products (VADP) segment, aiming to increase market company to hit $100 billion m-cap
share from 24 per cent to 40 per cent by FY22.
More »

CCL Products is the largest manufacturer and exporter of instant coffee. Its focus on B2C
branded sales, high margin freeze-dried capacity and cost efficiency are projected to help Not to be Missed
the business grow faster. Tata Trusts move High Court against I-
T notice

Avanti Feed, a leader with around 42 per cent market share in feeds business, is already a
multibagger stock. It is targeting $1 billion revenue by FY22, and has been focusing on the
India key for private equity, venture
value-added shrimp processing segment.
capital tech

Incremental- RoCE is a key metric that measures value creation in a business. This rule of
measurement is not limited only to the field of management. Higher I-RoC usually is a
HDFC Bank FD rates now higher than
reflection of superior quality of an underlying business such as, high earnings growth,
SBI
superior pricing power and hence higher operating margin as well as higher working
capital efficiency, says ArunaGiri N, CEO & Fund Manager, TrustLine Holdings.

Edelweiss has picked Eicher Motors, TVS Motor NSE -0.30 % , Britannia and Pidilite as Disasters in Asia-Pacific to cost over
$160 bn a year: UN
evergreen stocks in the largecap space, and sees D-Mart as a rising star.

While doing stock selection, one should focus on I-RoCE as it reflects a management’s
capability to redeploy incremental capital for superior returns (only 25 per cent BSE500 Up to 9K% returns! This formula
throws up rising stars
companies, excluding banks, could do this) and it is also a better tool to assess new
capital allocation decisions made of CEOs.

“Companies with high I-RoCE have outperformed Nifty & BSE500 with an alpha of around Draft National Telecom Policy to be
released on May 1
11-14 per cent CAGR over 10 years,” Edelweiss said.

SIA to launch world's longest non-stop


flight

Up to 9,000% return in 10 years! Time-


Facebook's rise in profits, users shows Top intraday trading ideas for afternoon Market Now: BSE Smallcap index inches Market Now: BSE Midcap index in the
1 tested formula throws up evergreen 2 resilience after scandals 3 trade for Thursday, 26 April 2018 4 up; Hawkins Cookers zooms 15% 5 green; Emami, Nalco among top gainers
stocks and rising stars
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A sectoral RoCE analysis done by the brokerage threw up media and entertainment,
Look what ace investors bought and
textiles, retail and building materials with superior I-RoCE, while industrials, metals and
sold recently
mining, cement, tea, coffee, sugar, real estate and electrical equipment showed
deterioration on this count.

Traffic jam costs 4 major Indian cities


Rs 1.5L cr a yr

2 Salary topmost deciding factor in jobs


Comments
search: Randstad

Read more on Stocks To Buy Stocks Multibagger Kajaria Kajaria Ceramics

La Opala Nilkamal
Trump unethical and untethered to
truth: James Comey
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Facebook's rise in profits, users shows Top Trending Terms


resilience after scandals Sensex Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
Reuters | Apr 26, 2018, 12.17 PM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

Facebook Inc shares rose on Wednesday after the social


network reported a surprisingly strong 63 per cent rise in
profit and an increase in users, with no sign that business
was hurt by a scandal over the mishandling of personal
Most Read Most Shared Most Commented
data.
Accounting quirks? Jio earnings face close scrutiny
After easily beating Wall Street expectations, shares on D-Street

Analysts on average were expecting a traded up 7.1 per cent after the bell at $171, paring a Guess what! TCS alone is bigger than total m-cap
profit of $1.35 per share, according to month-long decline that began with Facebook's disclosure of all listed stocks in Pakistan
Thomson Reuters.
in March that consultancy Cambridge Analytica had Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
harvested data belonging to millions of users. crore; ARPU falls 27% to Rs 116

HDFC Bank posts record profit of Rs 4,799 crore for


The Cambridge Analytica scandal, affecting up to 87 million users and prompting several Q4, asset quality stable
apologies from Chief Executive Mark Zuckerberg, generated calls for regulation and for TCS scripts history, becomes first Indian IT
users to leave the social network, but there was no indication advertisers immediately company to hit $100 billion m-cap
changed their spending. More »

"Everybody keeps talking about how bad things are for Facebook, but this earnings report
to me is very positive, and reiterates that Facebook is fine, and they'll get through this,"
said Daniel Morgan, senior portfolio manager at Synovus Trust Company. His firm holds
about 73,000 shares in Facebook.

Facebook's quarterly profit beat analysts' estimates, as a 49 per cent jump in quarterly
revenue outpaced a 39 per cent rise in expenses from a year earlier. The mobile ad
business grew on a push to add more video content.

Facebook said monthly active users in the first quarter rose to 2.2 billion, up 13 per cent
from a year earlier and matching expectations, according to Thomson Reuters I/B/E/S.

The company reversed last quarter's decline in the number of daily active users in the
United States and Canada, saying it had 185 million users there, up from 184 million in the
fourth quarter.

The results are a bright spot for the world's largest social network amid months of negative
headlines about the company's handling of personal information, its role in elections and
its fueling of violence in developing countries.

Facebook, which generates revenue primarily by selling advertising personalized to its


users, has demonstrated for several quarters how resilient its business model can be as
long as users keep coming back to scroll through its News Feed and watch its videos.

It is spending to ensure users are not scared away by scandals. Chief Financial Officer
David Wehner told analysts on a call that expenses this year would grow between 50 per
cent and 60 per cent, up from a prior range of 45 per cent to 60 per cent.

Much of Facebook's ramp-up in spending is for safety and security, Wehner said. The
category includes efforts to root out fake accounts, scrub hate speech and take down
violent videos.

Facebook said it ended the first quarter with 27,742 employees, up 48 per cent from a year
earlier.

"So long as profits continue to grow at a rapid rate, investors will accept that higher
spending to ensure privacy is warranted," Wedbush Securities analyst Michael Pachter
said.

It has been nearly two years since Facebook shares rose 7 per cent or more during a
trading day. They rose 7.2 per cent on April 28, 2016, the day after another first-quarter
earnings report.

Net income attributable to Facebook shareholders rose in the first quarter to $4.99 billion,
or $1.69 per share, from $3.06 billion, or $1.04 per share, a year earlier.

Analysts on average were expecting a profit of $1.35 per share, according to Thomson
Reuters I/B/E/S.

Total revenue was $11.97 billion, above the analyst estimate of $11.41 billion.

The company declined to provide some details sought by analysts. It has not shared the
revenue generated by Instagram, the photo-sharing app it owns, and it declined to provide
details about time spent on Facebook. Facebook also owns the popular smartphone apps
Messenger and WhatsApp.

Tighter regulation could make Facebook's ads less lucrative by reducing the kinds of data
it can use to personalize and target ads to users, although Facebook's size means it could
also be well positioned to cope with regulations.

Facebook and Alphabet Inc's Google together dominate the internet ad business
worldwide. Facebook is expected to take 18 per cent of global digital ad revenue this year,
compared with Google's 31 per cent, according to research firm eMarketer.

The company said it was increasing the amount of money authorized to repurchase shares
by an additional $9 billion. It had initially authorized repurchases up to $6 billion.

Facebook shares closed at $185.09 on March 16, the day that the Cambridge Analytica
scandal broke after the bell on a Friday. In the days immediately afterward, the company
lost more than $50 billion in market value.

The Cambridge Analytica scandal, which has sparked government investigations globally,
was mentioned only once on an hour-long conference call between analysts and
Facebook management, when one analyst asked Zuckerberg what he learned from
testifying in U.S. congressional hearings.

Zuckerberg said the two days of hearings this month were "an important moment for the
company to hear the feedback, and to show what we're doing."

0
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Top intraday trading ideas for afternoon Top Trending Terms


trade for Thursday, 26 April 2018 Sensex Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
ETMarkets.com | Apr 26, 2018, 12.09 PM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

NEW DELHI: The Nifty50 index was trading on a cautious


note ahead of the expiry of April futures and options
contracts.

Most Read Most Shared Most Commented


The index was 7 points down at 10,564 around 12 pm
(IST) on Thursday. Accounting quirks? Jio earnings face close scrutiny
on D-Street

Dabur India is a 'Buy' call with a target ETMarkets.com collated a list of trading ideas from various Guess what! TCS alone is bigger than total m-cap
price of Rs 375 and a stop loss of Rs experts and here's what they had recommended for of all listed stocks in Pakistan
358.
today's afternoon trade: Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
crore; ARPU falls 27% to Rs 116
Kunal Bothra, independent market expert HDFC Bank posts record profit of Rs 4,799 crore for
Company Summary NSE BSE
Petronet LNG is a 'Sell' call with a target Q4, asset quality stable
price of Rs 215 and a stop loss of Rs 232.
Coal India -0.65 (-0.22%) TCS scripts history, becomes first Indian IT
company to hit $100 billion m-cap
DHFL 17.85 (2.93%) Coal India is a 'Buy' call with a target price of More »
Rs 300 and a stop loss of Rs 285.
Petronet … -8.35 (-3.64%)
EXPAND TO VIEW ALL
DHFL is a 'Buy' call with a target price of Rs
644 and a stop loss of Rs 615.

Manas Jaiswal of manasjaiswal.com


IDFC is a 'Buy' call with a target price of Rs 58.50 and a stop loss of Rs 54.

Jubilant Foodworks is a 'Buy' call with a target price of Rs 2,600 and a stop loss of Rs
2,475.

Dabur India is a 'Buy' call with a target price of Rs 375 and a stop loss of Rs 358.

(Views and recommendations given in this section are the analysts' own and do not
represent those of ETMarkets.com. Please consult your financial adviser before taking any
position in the stock/s mentioned.)

0
Comments

Read more on Coal India DHFL Petronet LNG IDFC Sensex

Jubilant FoodWorks Dabur India

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Market Now: BSE Smallcap index inches up; Top Trending Terms
Hawkins Cookers zooms 15% Sensex Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
ETMarkets.com | Updated: Apr 26, 2018, 12.24 PM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

NEW DELHI: The BSE Smallcap index was trading 0.09


per cent up at 18,134 around 12:15 pm (IST) on Thursday.
The BSE Sensex was 0.13 per cent up at 34,545, while
the Nifty50 was 0.03 per cent up at 10,573 around that
Most Read Most Shared Most Commented
time.
Accounting quirks? Jio earnings face close scrutiny
Shares of Hawkins Cookers (up 14.83 per cent), Pioneer on D-Street

Reliance Industries, Tata Consultancy Distilleries (up 14.45 per cent), MPS (up 14.16 per cent) Guess what! TCS alone is bigger than total m-cap
Services, IndusInd Bank and Tata and Madhucon Projects (up 13.09 per cent) zoomed up to of all listed stocks in Pakistan
Motors were leading the Sensex pack,
15 per cent in the smallcap index. Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
rising over 1 per cent.
crore; ARPU falls 27% to Rs 116
Stocks such as Tata Teleservices HDFC Bank posts record profit of Rs 4,799 crore for
(Maharashtra) (up 9.35 per cent), Hathway Q4, asset quality stable
Company Summary NSE BSE
Cable & Datacom (up 9.09 per cent), IDFC TCS scripts history, becomes first Indian IT
Hawkins … (up 7.05 per cent), IVRCL (up 6.15 per cent), company to hit $100 billion m-cap
Nesco (up 5.87 per cent), NCL Industries More »
Tata Tele… 0.50 (9.35%) (up 5.78 per cent), JM Financial (up 5.58 per
cent) and Gujarat Pipavav Port (up 5.40 per
Sugars 0.05 (0.32%)
cent) advanced over 5 per cent.
EXPAND TO VIEW ALL

On the other hand, Reliance Naval and


Engineering (down 12.75 per cent), Bhushan Steel (down 10 per cent), Mawana Sugars
(down 6.84 per cent), Mercator (down 6.68 per cent), Uttam Sugar Mills (down 6.20 per
cent), Dhampur Sugar Mills (down 5.86 per cent), Indiabulls Ventures (down 5.26 per
cent), CL Educate (down 5.20 per cent), DCM Shriram (down 5.12 per cent) and
Hindustan Construction Company (down 5.03 per cent) were the top losers in the BSE
smallcap index.

Indian equity markets were reflecting cautious sentiments ahead of the expiry of April
futures and options contracts.

In the Sensex index, 12 stocks were in the green, while 19 were in the red.

Reliance Industries, Tata Consultancy Services, IndusInd Bank and Tata Motors were
leading the Sensex pack, rising over 1 per cent.

Wipro, however, was the top loser of the Sensex index, declining 3 per cent.

0
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Read more on Hawkins Cookers Tata Teleservices Sugars Smallcap Stocks

Gujarat Pipavav Port Madhucon Projects NCL Industries

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Market Now: BSE Midcap index in the green; Top Trending Terms
Emami, Nalco among top gainers Sensex Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
ETMarkets.com | Updated: Apr 26, 2018, 11.58 AM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

NEW DELHI: The BSE Midcap index was trading 0.20 per
cent down at 16,755 around 11:45 am (IST) on Thursday,
a little ahead of the benchmark Sensex which was 0.15 per
cent up at 34,552. The Nifty50 index was trading flat at
Most Read Most Shared Most Commented
10,572.
Accounting quirks? Jio earnings face close scrutiny
on D-Street

Reliance Industries, Tata Consultancy Shares of Au Small Finance Bank (up 3.84 per cent), Guess what! TCS alone is bigger than total m-cap
Services and Tata Motors were leading Indian Hotels Company (up 2.51 per cent), Emami (up of all listed stocks in Pakistan
the Sensex pack, rising over 1 per
2.15 per cent), Nalco (up 2.01 per cent), Indian Bank (up Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
cent.
1.38 per cent), ABB India (up 1.26 per cent), GRUH crore; ARPU falls 27% to Rs 116
Finance (up 1.12 per cent), PNB Housing HDFC Bank posts record profit of Rs 4,799 crore for
Finance (up 1.09 per cent) and Bank of India Q4, asset quality stable
Company Summary NSE BSE
(up 1.08 per cent) were the top gainers in TCS scripts history, becomes first Indian IT
National … 2.45 (3.18%) the BSE Midcap index. company to hit $100 billion m-cap

More »
Emami Ltd. 18.85 (1.68%)
On the other hand, Reliance
Communications (down 5.93 per cent),
Indian Ho… 2.65 (1.81%)
Vakrangee (down 4.98 per cent), IDBI Bank
EXPAND TO VIEW ALL
(down 2.75 per cent), The Ramco Cements
(down 2.57 per cent), Oberoi Realty (down
2.40 per cent), Steel Authority of India (SAIL) (down 2.32 per cent), Larsen & Toubro
Infotech (down 2.22 per cent) and Blue Dart Express (down 2.06 per cent) were the top
losers in the midcap index around the same time.

Indian equity markets were reflecting cautious sentiments ahead of the expiry of April
futures and options contracts.

In the Sensex index, 12 stocks were in the green, while 19 were in the red.

Reliance Industries, Tata Consultancy Services and Tata Motors were leading the Sensex
pack, rising over 1 per cent.

Wipro, however, was the top loser of the Sensex index, declining over 3 per cent.

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Blue Dart Express Steel Authority Of India Idbi Bank

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Trader's guide to India elections says it's Top Trending Terms


time to buy equities Sensex Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
Bloomberg | Apr 26, 2018, 11.37 AM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

By Ameya Karve

Indian stocks have been roughed up along with most


markets in recent months, but there could soon be reason
Most Read Most Shared Most Commented
to cheer. National elections are due by 2019, and modern
history shows that tends to be a good thing for investors. Accounting quirks? Jio earnings face close scrutiny
on D-Street

While Prime Minister Narendra Modi faces an uphill battle


The fiscal years prior to elections Guess what! TCS alone is bigger than total m-cap
showed positive gains for the to sustain his party’s majority in the key lower house of of all listed stocks in Pakistan
benchmark S&P BSE Sensex index.
parliament, the past six elections show positive returns for Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
Indian equities over the two years that straddle the vote -- crore; ARPU falls 27% to Rs 116
regardless of whether power changed hands. HDFC Bank posts record profit of Rs 4,799 crore for
Q4, asset quality stable

TCS scripts history, becomes first Indian IT


company to hit $100 billion m-cap

More »

The fiscal years prior to elections showed positive gains for the benchmark S&P BSE
Sensex index in all but two of the past six ballots, and one of the loser years was 2008 --
when markets round the world were upended by the global financial crisis.

Governments of course have plenty of incentive to boost growth in the run-up to elections,
potentially feeding through to corporate earnings as well. Optimism about a new
administration’s game plan could also help explain the history.

Investors might hope for a repeat of the 2004 election when it comes to the impact on
equities. The Sensex saw a 113 per centadvance over the two years through March 2005.

0
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Read more on 2019 Elections India Elections Narendra Modi Straddle

Markets

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Run-up to Maruti Suzuki Q4: Here's what to Top Trending Terms


expect Sensex Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
By Rahul Oberoi, ETMarkets.com | Apr 26, 2018, 11.35 AM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

India's biggest carmaker Maruti Suzuki is likely to post


double-digit growth in bottom line as well as top line for the
March quarter.

Most Read Most Shared Most Commented


Its results are coming up on Friday.
Accounting quirks? Jio earnings face close scrutiny
Karvy Stock Broking sees a 13.60 per cent annual jump in on D-Street

Motilal Oswal Financial Services sees sales, driven by increasing demand for UV Vehicles and a Guess what! TCS alone is bigger than total m-cap
2.20 per cent improvement in net better product mix like Vitara Brezza, Baleno and the like. of all listed stocks in Pakistan
realisation at Rs 4,51,896 per unit.
It projected Ebitda margin to improve by 139 basis points Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
on operating leverage benefit. Karvy sees crore; ARPU falls 27% to Rs 116
20.50 per cent yearly growth in net profit at HDFC Bank posts record profit of Rs 4,799 crore for
Company Summary NSE BSE
Rs 2,060.50 crore in Q4 FY18. Q4, asset quality stable

Maruti Su… 20.00 (0.22%) TCS scripts history, becomes first Indian IT
Volume grew 11.4 per cent on a yearly basis company to hit $100 billion m-cap
Axis Capi… to 4,61,773 units during the quarter under More »
review.
Motilal O… 13.30 (1.40%)

Axis Capital has estimated an annual net


profit and sales growth of 21 per cent and 14 per cent, respectively. Ebitda may go up 27
per cent.

Market participants are expected to zero in on an update on demand scenario, channel


investor, discounting trends and new launches in the quarterly numbers. Clarity on action
plan under Suzuki-Toyota partnership and update on royal reduction proposal are other
monitorables.

Motilal Oswal Financial Services sees 2.20 per cent improvement in net realisation at Rs
4,51,896 per unit.

“Growth in realisation is likely to be driven by improvement in product mix and nil discounts
on newly launched products,” the brokerage house added. The brokerage firm expects
27.90 per cent annual rise in net profit at Rs 2,300.70 crore in Q4 FY18.

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Petronet, BPCL, HPCL down nearly 2% Sensex Stock Market Stock Recommendations IPO
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ETMarkets.com | Updated: Apr 26, 2018, 11.44 AM IST
Rupee vs Dollar Share Market Silver Price Nifty 50
0 Nifty Bank
Comments

NEW DELHI: Oil & gas stocks Petronet LNG (down 1.79
per cent), BPCL (down 1.65 per cent), HPCL (down 1.61
per cent) and Castrol India (down 1.50 per cent) were
trading in the negative territory during Thursday's trade,
Most Read Most Shared Most Commented
keeping the sectoral index down.
Accounting quirks? Jio earnings face close scrutiny
The BSE Oil & Gas index was trading 0.39 per cent down on D-Street

In the Sensex index, 12 stocks were in at 14,368 around 11:30 am (IST). Guess what! TCS alone is bigger than total m-cap
the green, while 19 were in the red. of all listed stocks in Pakistan

Shares of Oil and Natural Gas Corporation Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
(down 0.78 per cent), Indraprastha Gas crore; ARPU falls 27% to Rs 116
Company Summary NSE BSE (down 0.71 per cent), Indian Oil Corporation HDFC Bank posts record profit of Rs 4,799 crore for
(down 0.59 per cent) and GAIL (India) (down Q4, asset quality stable
BPCL -5.50 (-1.43%)
0.09 per cent) were also in the red. TCS scripts history, becomes first Indian IT
Hpcl -5.70 (-1.91%) company to hit $100 billion m-cap
However, shares of Oil India (up 1.77 per More »
Reliance I… 2.20 (0.23%) cent) and Reliance Industries (up 1.47 per
EXPAND TO VIEW ALL cent) were trading with gains around that
time.

Equity benchmarks were trading a little higher ahead of the expiry of April futures and
options contracts.

The BSE Sensex was up 85 points at 34,586, while the NSE Nifty50 index was up 12
points at 10,583.

In the Sensex index, 12 stocks were in the green, while 19 were in the red.

Tata Motors, Reliance Industries and TCS were leading the pack of Sensex gainers.

Wipro, Bharti Airtel and Axis Bank, on the other hand, were the top drags on the Sensex
index.

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Rupee vs Dollar Share Market Silver Price Nifty 50
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NEW DELHI: Losses in shares of Reliance


Communications (down 5.37 per cent), Bharti Infratel
(down 4.17 per cent), Idea Cellular (down 2.80 per cent)
and Bharti Airtel (down 1.37 per cent) dragged the BSE
Most Read Most Shared Most Commented
Telecom index in the negative zone during Thursday's
trade. Accounting quirks? Jio earnings face close scrutiny
on D-Street

Wipro, Bharti Airtel and Axis Bank were The BSE Telecom index was trading 1.96 per cent down at Guess what! TCS alone is bigger than total m-cap
the top drags on the Sensex index. 1,306 around 11:15 am (IST). of all listed stocks in Pakistan

Bharti Airtel Q4 profit plunges 78% YoY to Rs 83


Shares of GTL Infrastructure (down 4.76 per crore; ARPU falls 27% to Rs 116
Company Summary NSE BSE cent), OnMobile Global (down 3.28 per HDFC Bank posts record profit of Rs 4,799 crore for
cent), GTL (down 3.07 per cent), Aksh Q4, asset quality stable
Bharti Air… -7.65 (-1.82%)
Optifibre (down 1.56 per cent), ITI (down TCS scripts history, becomes first Indian IT
Tata Tele… 0.50 (9.35%) 0.57 per cent), Tata Communications (down company to hit $100 billion m-cap
0.40 per cent) and MTNL (down 0.25 per More »
GTL Infra… -0.10 (-4.35%) cent) were also in the red in the index.
EXPAND TO VIEW ALL

However, shares of Tata Teleservices


(Maharashtra) (up 4.67 per cent), Tejas Networks (up 3.36 per cent), Himachal Futuristic
Communications (up 1.53 per cent), Vindhya Telelinks (up 1.41 per cent) and Sterlite
Technologies (up 1.39 per cent) were trading up around the same time.

Equity benchmarks were trading a little higher ahead of the expiry of April futures and
options contracts.

The NSE Nifty50 index was up 9 points at 10,580, while the BSE Sensex was up 70 points
at 34,571.

In the Sensex index, 16 stocks were in the green, while 15 were in the red.

Tata Motors, Reliance Industries and TCS were leading the pack of Sensex gainers.

Wipro, Bharti Airtel and Axis Bank, on the other hand, were the top drags on the Sensex
index.

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NEW DELHI: Over 20 stocks including Ashok Leyland,


Biocon, Cyient and Hindustan Unilever hit fresh 52-week
highs on NSE during the first half of Thursday's trade.

Most Read Most Shared Most Commented


Indiabulls Ventures, Mahindra & Mahindra, Mindtree, NIIT
Technologies, Pidilite Industries, Shriram Transport Accounting quirks? Jio earnings face close scrutiny
Finance Company, Tata Elxsi and TVS Electronics also on D-Street

Hindalco, Reliance Industries, Tata joined the bandwagon of stocks that hit fresh 52-week Guess what! TCS alone is bigger than total m-cap
Consultancy Services, Mahindra & highs on NSE. of all listed stocks in Pakistan
Mahindra and Tata Motors were among
the top gainers in the Nifty index. Bharti Airtel Q4 profit plunges 78% YoY to Rs 83
Equity benchmarks were trading a little higher ahead of the crore; ARPU falls 27% to Rs 116
expiry of April futures and options contracts. HDFC Bank posts record profit of Rs 4,799 crore for
Q4, asset quality stable
Company Summary NSE BSE
Positive global cues and mild bouts of TCS scripts history, becomes first Indian IT
Shriram T… 9.90 (0.61%) buying in pharma, IT, FMCG and auto stocks company to hit $100 billion m-cap
were helping the equity benchmarks stay More »
Ashok Le… -1.15 (-0.70%) firm.

Tata Elxsi 19.10 (1.55%)


The NSE Nifty index was trading 8 points up
EXPAND TO VIEW ALL
at 10,579, while the BSE Sensex was up 61
points at 34,562 around 10:50 am (IST).

Among the 50 stocks in the Nifty50 index, 21 were trading in the green, while 29 were in
the red.

Hindalco, Reliance Industries, Tata Consultancy Services, Mahindra & Mahindra and Tata
Motors were among the top gainers in the Nifty index.

However, Bharti Infratel, Wipro, HPCL, Bajaj Finserv and BPCL were among the top losers
in the Nifty pack of stocks.

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