Monday, 30 May 2016

Hindalco Gains 10 % On Strong Q4 Results : 30 May 2016

  • Shares of the Hindalco rose more than 10 % on Monday after the company reported net profit of Rs 356 crore for the quarter ended March 2016.
  • This improvement was primarily on the back of higher volumes, aided by improved realisations. The cost pressures abetted significantly on account of lower energy costs, especially coal and this saw us deliver a strong performance, the company said in the press release.
  • In this quarter, the company's total turnover dropped 8 percent at Rs 8667.9 crore compared to Rs 9371.6 crore year-on-year.
  • Earnings per Share (EPS) stood lower by Rs 3.15 and Rs 3.30 for quarter and year ended March 31, 2016 respectively while Consolidated Basic and Diluted EPS for the year ended was lower by Rs 3.30.
  • The company's operational revenues dropped 7.5% at Rs 8,668 crore against Rs 9,372 crore due to sharp decline in aluminium and copper realisations.
  • Shares of the company were seen trading at Rs 102, higher by 11.38 % on BSE at 12.34 pm IST.

About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

0 comments:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Latest updates tips : Follow

© Copyright 2015 Money99. Designed by Parag Patil