SHREE GANESHAY NAMAH !!
| Nifty Weekly Range For The Week 05th Aug To 09th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5661.50, Closed 5685.40. | |||||||||
| Stock Updates | |||||||||
| Volumes jump at Hero MotoCorp counter, Bharat Heavy Electricals, Financial Technologies (India), Pipavav Defence and Offshore Engineering and IndusInd Bank are among the other stocks to see a surge in volumes on BSE today, 5 August 2013. | |||||||||
| Hero MotoCorp clocked volume of 11.48 lakh shares on BSE, a 26.99-times surge over two-week average daily volume of 42,000 shares. The stock rose 4% to Rs 1,853.45. | |||||||||
| Bharat Heavy Electricals (Bhel) notched up volume of 33.35 lakh shares, a 3.7-fold surge over two-week average daily volume of 6.13 lakh shares. The stock slumped 19.24% to Rs 120.90 after net profit fell 49.5% to Rs 465.43 crore on 23.7% decline in net sales to Rs 6352.55 crore in Q1 June 2013 over Q1 June 2012. Bhel's operating profit margin (OPM) crashed to the extent of 820 basis points (bps) year on year (YoY) to 6% during the quarter, largely on account of under recovery of capacity. This resulted in operating profit declining by 68% to Rs 388.58 crore. | |||||||||
| Bhel's finance costs surged 402.89% to Rs 27.76 crore in Q1 June 2013 over Q1 June 2012. Bhel had an outstanding order book position of about Rs 108600 crore as on 30 June 2013, lower than Rs 115160 crore as on 31 March 2013 and Rs 122300 crore as on 30 June 2012. | |||||||||
| Pipavav Defence and Offshore Engineering clocked volume of 8.68 lakh shares, a 2.77-fold surge over two-week average daily volume of 2.79 lakh shares. The stock rose 0.30% to Rs 67.10. | |||||||||
| IndusInd Bank saw volume of 6.70 lakh shares, a 2.32-fold rise over two-week average daily volume of 2.61 lakh shares. The stock rose 0.14% to Rs 390.95. | |||||||||
| courtesy : capital market | |||||||||
