26 July 2010 Intraday Calls

26 July 2010 Morning Market Updates  08:52

Intraday Calls :
Note : Follow Buy Calls in Positive Market Bias & v.v.

Buy Aban Abv 851 sl 845 T 867 / 875

Buy ACC Abv 828 sl 820 T 844
Buy Rpower Abv 175 sl 173 T 178
Buy Glaxo Abv 2085 sl 2069 T 2116 P

Sell BPCL Bel 625 sl 631 T 616/605 P
Sell HDFCBank Bel 2019 sl 2029 T 1992 P
Sell Maruti Bel 1345 sl 1365 T 1314 P
Sell Relcapital Bel 784 sl 790 T 770
Sell Bankbaroda Bel 720 sl 725 T 707
Sell Bharatforg Bel 325 sl 331 T 318
Sell Biocon Bel 318 sl 322 T 313

Results today: Sterlite, NTPC, Bharat Forge, Blue Star, Century Enka, Century Textile, Dabur India, Dena Bank, Essar Oil, Gateway Distriparks, Glaxosmithkl Pharma, Mahindra Holiday, Maharashtra Seamless, Navneet Publication, Peninsula Land, Taj GVK Hotels, Tata Elxsi, Tech Mahindra, Union Bank, United Phosphorous, Wire & Wireless.
Hero Honda - Sources

-Honda likely to divest about 6% stake in Hero Honda
Honda holds 26% in Hero Honda
Other stocks and sectors that are in news today:
-JP Power Ventures & Jaiprakash Associates: reconstituted "Committee of Directors" to look into and suggest options of restructuring
-Engineers India (EIL) price band Rs 270-290/sh, retail to get 5% disc, issue opens on July 27, closes on July 29 (CMP Rs 337)
-Brigade Enterprises : Board approves acquisition of 99% shareholding of WTC Trades & Projects Pvt. Ltd
-Jyoti- Board meet on 26 July to issue equity shares to promoter
-Ramco System : Board to consider Rights Issue on August 2
-NRB Bearings : Board Meet on 28 July for Bonus
-Ceat : Board meet on 27 July for Prefrential Allotment
-Tata Motors plans USD 500 million sponsored issue of its DVR.
-RBI to issue discussion paper on new banking license this week, new banks may have to reach out to rural India.
-Vodafone may sell its 4.39% indirect holding in Bharti Airtel, stake valued at Rs 5300 crore at CMP.
-Oberoris may up stake in EIH to counter hostile bid.
-Jindal Saw in talks to buy 50% of Australian mine co for USD 120 milion.
Maruti Suzuki Q1 (cr - crore, vs - versus)
-Net profit at Rs 465 Cr Vs Rs 584 Cr ((est Rs. 660cr))
-Net Sales At Rs 8,051 Cr Vs Rs 6,340 Cr ((est Rs.8150cr))
JP Associates Q1
-Net Sales At Rs 3,174.2 Cr Vs Rs 2,067.1 Cr (YoY) (( Est. Rs.2700cr))
-Net Profit At Rs 516 Cr Vs Rs 491.2 Cr (YoY) (( Est.603cr))
-Adjusted PAT at Rs.105.8cr vs Rs.184cr (( Down 42% YOY)
Indian Bank Q1

-Net Profit At Rs 368 Cr Vs Rs 332 Cr (YoY)
-NII At Rs 927 Cr Vs Rs 738 Cr(YOY)
Godrej Consumer Q1 -Cons Net Profit At Rs 116 Cr Vs Rs 69.7 Cr ((YOY)
-Cons Net sales At Rs 643 Cr Vs Rs 439 Cr((YOY))
Eicher Motor Q2:
-Cons Net Profit At Rs 55.2 Cr Vs Rs 19.8 Cr ((YoY))
-Cons Net Sales At Rs 1,033 Cr Vs Rs 617 Cr((YoY))
Balrampur Chini Q3
-Net Profit At Rs 11.1 Cr Vs Rs 66.3 Cr
-Net Sales At Rs 539 Cr Vs Rs 537 Cr
IOC Q1
-Net Loss At Rs 3,388 Cr Vs Profit At Rs 3,683 Cr ((YoY))
-Net Sales At Rs 71,275 Cr :: Vs Rs 57,945 Cr ((YoY))
Hindustan Zinc Q1
-Net profit At Rs 891 Cr Vs Rs 719 Cr ((YoY))
-Net Sales At Rs 2,132 Cr Vs Rs 1,707 Cr((YoY))
JP Power Ventures Q1
-Net Profit At Rs 38.4 Cr Vs Rs 36.5 Cr
-Net Sales At Rs 190 Cr Vs Rs 78.5 Cr
United Bank Q1
-Net Profit At Rs 108 Cr Vs Rs 70.3 Cr (YoY)
-NII At Rs 508 Cr :: Vs Rs 264 Cr(YoY)
HPCL Q1
-Net Sales At Rs 29,219.87 Cr Vs Rs 24,197.58 Cr (YoY) (( Est.29950cr))
-Net Loss At Rs 1,884.29 Cr Vs Net Profit of Rs 649.12 Cr (YoY) (( Loss oF Rs.1970cr ))
Jet Airways Q1
-Net Profit At Rs 3.5 Cr Vs Loss Of Rs 225 Cr (YoY) (( Est.Loss of Rs.17cr))
-Income From Ops At Rs 2,747 Cr Vs Rs 2,085 Cr (( Est.Rs.3155cr))
SRF Q1
-Net Profit At Rs 54.7 Cr Vs Rs 92.6 Cr (YoY)
-Net Sales At Rs 617 Cr Vs Rs 495 Cr (YoY)
Geometric Q1 (QoQ)
-Cons Net Profit At Rs 10.6 Cr Vs Rs 8.4 Cr
-Cons Net Sales At Rs 135 Cr Vs Rs 129 Cr
Motilal Oswal Q1
-Cons Net Profit At Rs 37.6 Cr Vs Rs 34 Cr
-Cons Revenue At Rs 142 Cr Vs Rs 143 Cr
Areva T&D Q2
-Net Profit At Rs 32.2 Cr Vs Rs 50.1 Cr (YoY)
-Net Sales At Rs 885 Cr Vs Rs 802 Cr (YoY)
OnMobile Global Q1
-Consolidated Net Sales At Rs 123.76 Cr Vs Rs 107.24 Cr (YoY)
-Consolidated Net Profit At Rs 18.58 Cr Vs Rs 8.64 Cr (YoY)
Brigade Ent Q1
-Net Sales At Rs 85 Cr Vs Rs 57.8 Cr (YoY)
-Net Profit At Rs 13.9 Cr Vs Rs 3.9 Cr (YoY)
Indiabulls Finance
-PAT at Rs.131cr vs Rs.71.9cr ((YoY))
-Sales at Rs.461.7cr vs Rs.394.7cr ((YoY))
Indiabulls Sec Q1
-Sales at Rs.85.7cr vs Rs.92cr ((YoY))
-PAT at Rs.13.2cr vs Rs.24.1cr ((YoY))
Bilcare Q1
-Sales at Rs.145cr vs Rs.121cr ((YoY))
-PAT at Rs.22.4cr vs Rs.17.2cr ((YoY))


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