Thursday, July 18, 2013

MARKET BUZZZ 18TH JULY 2013

SHREE GANESHAY NAMAH !!

Nifty Weekly Range For The Week 15th July To 19th July 5770 -- 6150 ! Either Side Sustaining Will Give 110 Points More, High 6051.10, Low 5910.95, Closed 6038.05 !
Stock Updates
Volumes jump at Info Edge (India) counter, Indraprastha Gas, Kotak Mahindra Bank, Cadila Healthcare and Apollo Tyres are among the other stocks to see a surge in volumes on BSE today, 18 July 2013.
Info Edge (India) clocked volume of 3.95 lakh shares on BSE, a 56.22-times surge over two-week average daily volume of 6,000 shares. The stock surged 9.94% to Rs 316.85. Info Edge (India)'s net profit galloped 363.72% to Rs 29.40 crore on 3.15% growth in total income from operations to Rs 120.76 crore in Q1 June 2013 over Q4 March 2013. The Q1 result was announced during trading hours today, 18 July 2013.
Indraprastha Gas notched up volume of 6.70 lakh shares, a 4.53-fold surge over two-week average daily volume of 90,000 shares. The stock lost 0.23% to Rs 301.90.
Kotak Mahindra Bank saw volume of 2.43 lakh shares, a 4.35-fold surge over two-week average daily volume of 43,000 shares. The stock lost 0.15% to Rs 710.60. Kotak Mahindra Bank's profit after tax (PAT) rose 43% to Rs 403 crore on 27% increase in net interest income to Rs 917 crore in Q1 June 2013 over Q1 June 2012. The result was announced during trading hours today, 18 July 2013.
Cadila Healthcare clocked volume of 3.11 lakh shares, a 4.31-fold surge over two-week average daily volume of 71,000 shares. The stock up 1.22% at Rs 778.95
Apollo Tyres saw volume of 57.33 lakh shares, a 4.27-fold rise over two-week average daily volume of 10.37 lakh shares. The stock close flat to Rs 71.50 after turning ex-dividend today, 18 July 2013, for final dividend of 50 paise per share for the year ended 31 March 2013 (FY 2013).
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