Buybacks ignored as markets rally
Four companies, who have announced buybacks, mop up
less than one-third of the proposed number of shares
Axis Bank turns ex-stock split; stock gains 2%
The bank fixed July 30, as record date for the purpose
of sub division of the equity shares to Rs 2 from Rs 10.
Gujarat Pipavav hits new high as Q1 profit beats estimates
The stock surged 5% to Rs 151, extending its Friday's
9% rally, on reporting 128% yoy jump in profit at Rs 80 crore for the
quarter ended June ...
JK Lakshmi Cement gains 8% on three-fold jump in Q1 profit
Q1 profit at Rs 40 crore against Rs 16 crore in year
ago quarter, on higher sales and better margins.
Central Bank of India surge 9% on strong Q1 results
Gross NPA in the quarter rose to 6.15% from 6.03% in
the year ago period, but net NPAs declined to 3.62% from 3.85%.
Intraday Tips for Today 28th Of July:
- SELL 'Hindustan Zinc is a sell with a stop at 164 and look for targets of around 152.
- SELL'Hexaware is a sell with a stop at 146.25 and look for targets of around 133.
- BUY' 'Infosys is a 'BUY' call with a target of Rs 3340 and a stop loss of Rs 3450.
- BUY' 'GAIL India Ltd target of Rs 434 and a stop loss of Rs 420
Mcx crude oil looking bearish, MCX crude oil is trading below Rs 6130 slipped 0.4%.
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Punjab National Bank(PNB), the third-largest public sector bank in India, surprised the Street with its profit growth in the June quarter of FY15. The bank reported a 10 per cent year-on-year (y-o-y) growth in net profit at Rs 1,401 crore, higher than the Street’s estimate of Rs 1,100 crore.
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S&P BSE Sensex is trading at 32,047, up by 122 points, while NSE Nifty is trading at 10,055 up by 38 points.stock market tips
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