AB Nuvo Q3 cons net profit at Rs.397.5 crore

The total income for the quarter stands at Rs.5,584 Cr as against Rs.6,640 Cr (YoY).

AB Nuvo Ltd posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.397.5 crore.

The total income for the quarter stands at Rs.5,584 Cr as against Rs.6,640 Cr (YoY).

Aditya Birla Nuvo Ltd is currently trading at Rs. 788, down by Rs. 34.25 or 4.17% from its previous closing of Rs. 822.25 on the BSE.

The scrip opened at Rs. 821 and has touched a high and low of Rs. 828 and Rs. 779.75 respectively. So far 225637(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10707.57 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1137.58 on 08-Jan-2016 and a 52 week low of Rs. 730.81 on 27-Apr-2015. Last one week high and low of the scrip stood at Rs. 858.75 and Rs. 812 respectively.

The promoters holding in the company stood at 57.18 % while Institutions and Non-Institutions held 28.24 % and 14.58 % respectively.

The stock is currently trading above its 100 DMA.

J&K Bank Q3 net profit at Rs. 117.7 crore

The net NPA for the quarter stands at 2.6% as against 2.78% QoQ.

J&K Bank Ltd posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.117.7 crore.

The net NPA for the quarter stands at 2.6% as against 2.78% QoQ.

Jammu and Kashmir Bank Ltd is currently trading at Rs. 69.2, down by Rs. 0.85 or 1.21% from its previous closing of Rs. 70.05 on the BSE.

The scrip opened at Rs. 68.95 and has touched a high and low of Rs. 70 and Rs. 68.4 respectively. So far 178160(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3396.02 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 118.9 on 04-Mar-2015 and a 52 week low of Rs. 65.5 on 20-Jan-2016. Last one week high and low of the scrip stood at Rs. 73 and Rs. 68.15 respectively.

The promoters holding in the company stood at 53.17 % while Institutions and Non-Institutions held 29.86 % and 16.97 % respectively.

The stock is currently trading above its 200 DMA.

Vedanta, ONGC, BHEL top Nifty losers

The Indian equity market ha​s extended losses for the fourth straight session.

The Indian equity market ha​s extended losses for the fourth straight session. The BSE Sensex and the NSE Nifty hit at fresh 52-week lows weighed down by banks, capital goods and metal, consumer durables and FMCG stocks.

Today, top losers from NSE are Vedanta, ONGC, BHEL, ITC, Maruti Suzuki, M&M, Cairn India, Power Grid, Tata Power and Hindalco Industries.

Vedanta Ltd is currently trading at Rs. 64, down by Rs. 3.4 or 5.04% from its previous closing of Rs. 67.4 on the BSE. The scrip opened at Rs. 66 and has touched a high and low of Rs. 67.05 and Rs. 63.5 respectively. So far 9479071(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 19982.04 crore.

Page Industries Q3 net profit at Rs. 51.92 crore

Total Income has increased from Rs. 3831.787 million for the quarter ended December 31, 2014 to Rs. 4400.799 mn for the quarter ended December 31, 2015.

Page Industries Ltd posted a net profit of Rs. 519.180 million for the quarter ended December 31, 2015 as compared to Rs. 447.098 million for the quarter ended December 31, 2014. 

Total Income has increased from Rs. 3831.787 million for the quarter ended December 31, 2014 to Rs. 4400.799 mn for the quarter ended December 31, 2015.

Page Industries Ltd is currently trading at Rs. 11034, down by Rs. 550.7 or 4.75% from its previous closing of Rs. 11584.7 on the BSE.

The scrip opened at Rs. 11368.45 and has touched a high and low of Rs. 11539.35 and Rs. 10945 respectively. So far 15592(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 12916.94 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16995 on 01-Jun-2015 and a 52 week low of Rs. 11237.25 on 10-Feb-2015. Last one week high and low of the scrip stood at Rs. 12221.95 and Rs. 11331.7 respectively.

The promoters holding in the company stood at 51 % while Institutions and Non-Institutions held 39.7 % and 9.3 % respectively.

The stock is currently trading above its 200 DMA.

State Bank of India Q3 net profit down 61.7% to Rs.1115 crore

Total Income has increased from Rs. 437839.70 million for the quarter ended December 31, 2014 to Rs. 467310.10 million for the quarter ended December 31, 2015.

SBI Ltd posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.1115 crore as against Rs. 2910 crore.

The net NPA for the quarter stands at 2.89%.

Total Income has increased from Rs. 437839.70 million for the quarter ended December 31, 2014 to Rs. 467310.10 million for the quarter ended December 31, 2015.

State Bank of India is currently trading at Rs. 161.55, up by Rs. 2.6 or 1.64% from its previous closing of Rs. 158.95 on the BSE.

The scrip opened at Rs. 159.95 and has touched a high and low of Rs. 163 and Rs. 158.65 respectively. So far 21270166(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 123389.34 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 315.8 on 04-Mar-2015 and a 52 week low of Rs. 158.05 on 10-Feb-2016. Last one week high and low of the scrip stood at Rs. 176.8 and Rs. 158.05 respectively.

The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 28.55 % and 9.32 % respectively.

The stock is currently trading above its 200 DMA.

Nava Bharat Q3 PAT dips 28%

The net sales for the quarter stands at Rs. 244.5 as against Rs. 278 crore.

Nava Bharat Ventures Ltd posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.21.3 crore as against Rs. 29.5 crore.

The net sales for the quarter stands at Rs. 244.5 as against Rs. 278 crore.

Nava Bharat Ventures Ltd is currently trading at Rs. 147.2, down by Rs. 2.6 or 1.74% from its previous closing of Rs. 149.8 on the BSE.

The scrip opened at Rs. 148.6 and has touched a high and low of Rs. 148.6 and Rs. 146.7 respectively. So far 12309(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1337.71 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 203.4 on 13-Apr-2015 and a 52 week low of Rs. 128.15 on 26-Aug-2015. Last one week high and low of the scrip stood at Rs. 155 and Rs. 146.7 respectively.

The promoters holding in the company stood at 44.06 % while Institutions and Non-Institutions held 30.48 % and 23.89 % respectively.

The stock is currently trading above its 50 DMA.

HPCL: Q3 revenue expected to fall

IIFL forecasts the company’s net revenue for Q3 FY16 to plummet to Rs. 39,893 crore, at a rate of 21.9% yoy and 5.2% qoq.

Hindustan Petroleum Corporation Ltd (HPCL), the state owned refiner and oil marketing company, will announce its financial results on February 12 for the third quarter ended December 31, 2015.

IIFL forecasts the company’s net revenue for Q3 FY16 to plummet to Rs. 39,893 crore, at a rate of 21.9% yoy and 5.2% qoq. 

IIFL expects net profit to be at Rs. 1,295.10 crore.   

IIFL expects EBIDTA margin at 5.9%, with a yoy rise of 6 bps.    

Other key Q3 results on February 12 include Adani Ports & SEZ, Adani Power, Apollo Hospitals, BPCL, ITDC, IOCL, Kolte Patil, M&M, Marksans Pharma, MBL Infrastructures, Nestle, NMDC, Punj Lloyd, Shakti Pump and Sun TV.

BPCL’s Q3 revenue likely to fall; net profit to surge

IIFL forecasts the company’s net revenue for Q3 FY16 to plunge to Rs. 44,150 crore, at a rate of 23.8% yoy and 5% qoq.

Bharat Petroleum Corporation Ltd (BPCL), the state owned refiner and oil marketing company, will announce its financial results on February 12 for the third quarter ended December 31, 2015.

IIFL forecasts the company’s net revenue for Q3 FY16 to plunge to Rs. 44,150 crore, at a rate of 23.8% yoy and 5% qoq. 

IIFL expects net profit to rise to Rs. 1,924.10 crore at 249.1% yoy and 89% qoq.    

IIFL expects EBIDTA margin at 6.9%, with a yoy rise of 4.8 bps.    

Other key Q3 results on February 12 include Adani Ports & SEZ, Adani Power, Apollo Hospitals, HPCL, ITDC, IOCL, Kolte Patil, M&M, Marksans Pharma, MBL Infrastructures, Nestle, NMDC, Punj Lloyd, Shakti Pump and Sun TV.

Companies aren’t investing in Personalization: Mindtree Study

Only 28 percent of the decision makers from companies surveyed globally say their organizations are investing significantly in personalization to improve the online purchasing experience, even though it has improved their online sales over the past 12 months for the majority (58 percent).

A global, cross-industry study released today by Mindtree, a leading digital transformation and technology services company, pinpoints personalization as the key driver that will help “phy-gital” consumers reach their ideal mix of online and offline shopping. It also reveals that while most companies are in transformation mode and consider themselves pioneers in adopting or investing in digital technologies, few are investing in personalization initiatives that consumers say will increase the depth and breadth of their shopping experience.

Key findings from the survey include:

Consumers indicate that personalized promotions encourage them to buy products and services they have purchased before (78 percent), as well as relevant products and services they have never purchased (74 percent).

Only 28 percent of the decision makers from companies surveyed globally say their organizations are investing significantly in personalization to improve the online purchasing experience, even though it has improved their online sales over the past 12 months for the majority (58 percent).

Consumers expect their use of mobile apps for shopping to more than double in the next three years. While 6 percent of consumers said their preferred channel for making retail purchases as of 2015 was mobile apps, 15 percent said they expected mobile apps to be their preferred channel by 2018.

The study, “Winning in the Age of Personalization,” was commissioned by Mindtree and conducted by independent market research firm Vanson Bourne. It surveyed 6,000 consumers across three primary regions (U.S., Europe, and Asia/Pacific), as well as 900 decision-makers from companies spanning the retail and consumer goods, travel and hospitality, banking and insurance, and media and entertainment industries.

The survey also highlights some notable disconnects between what online features consumers desire and what features companies are investing in. As an example, consumers crave improved search and compare/aggregate functions, but companies are investing more in features like shopping lists, wish lists and social features. The survey results also reveal the top reasons that customers abandon online shopping carts, and what drives customers to read and post online reviews (positive or negative).

“There are a lot of stories to be gleaned from this study, but what stands out most is that companies need to prioritize more investments in personalization, an area that quite clearly drives more commerce,” says Radha R., EVP and Head of Digital Business at Mindtree. “Many of today’s personalization approaches are ineffective since they are based on a siloed view of the customer. With the right data engine and digital underpinnings in place, customized experiences will allow companies to target the right people, at the right time, in the right place, on the right device, with the right content.”

NCC Q3 net profit at Rs.403.70 mn;EBITDA Margin At 9%

Total Income has decreased from Rs. 26696.50 mn for the quarter ended December 31, 2014 to Rs. 24162.40 mn for the quarter ended December 31, 2015.

NCC Ltd posted a net profit after taxes, minority interest and share of profit of associates of Rs. 403.70 mn for the quarter ended December 31, 2015 as compared to Rs. 255.70 mn for the quarter ended December 31, 2014. 

Total Income has decreased from Rs. 26696.50 mn for the quarter ended December 31, 2014 to Rs. 24162.40 mn for the quarter ended December 31, 2015.

NCC Ltd is currently trading at Rs. 58.3, down by Rs. 2.65 or 4.35% from its previous closing of Rs. 60.95 on the BSE.

The scrip opened at Rs. 60.3 and has touched a high and low of Rs. 60.85 and Rs. 58.3 respectively. So far 2528906(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3388.4 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 118.2 on 07-Apr-2015 and a 52 week low of Rs. 53.45 on 07-Sep-2015. Last one week high and low of the scrip stood at Rs. 65.55 and Rs. 60.2 respectively.

The promoters holding in the company stood at 20.41 % while Institutions and Non-Institutions held 43.18 % and 36.3 % respectively.

The stock is currently trading above its 200 DMA.

Union Bank Q3 net profit at Rs.78.5 crore

The gross NPA stands at 7.05% as against 6.12% (QoQ).

Union Bank posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.78.5 crore.

The gross NPA stands at 7.05% as against 6.12% (QoQ).

Union Bank of India is currently trading at Rs. 122.5, down by Rs. 0.3 or 0.24% from its previous closing of Rs. 122.8 on the BSE.

The scrip opened at Rs. 122.3 and has touched a high and low of Rs. 125.25 and Rs. 120.5 respectively. So far 3869701(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8441.78 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 222.45 on 18-Aug-2015 and a 52 week low of Rs. 108.3 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 138.85 and Rs. 119.95 respectively.

The promoters holding in the company stood at 63.44 % while Institutions and Non-Institutions held 26.52 % and 10.04 % respectively.

The stock is currently trading above its 200 DMA.

Capgemini to complete iGate merger by June

The company reported that none of the 88,000 jobs in the combined entity will be touched as part of the process

Capgemini will complete integration of business with iGate, by June, according to reports.

The company reported that  none of the 88,000 jobs in the combined entity will be touched as part of the process.

"By June it should be over," Capgemini India Chief Executive Srinivas Kandula said on the sidelines of the Nasscom summit.

"So far, our integration has been smooth, attrition remains stable," he added.

Coca-Cola suspends manufacturing at 3 plants in India

A report stated that the company has suspended manufacturing at Kaladera near Jaipur (Rajasthan), Vishakhapatnam (Andhra Pradesh) and Brynihat (Meghalaya).

Coca-Cola India’s bottling arm Hindustan Coca-Cola Beverages has suspended manufacturing at three locations in India, which may affect at least 300 employees, according to a report.

The report stated that the company has suspended manufacturing at Kaladera near Jaipur (Rajasthan), Vishakhapatnam (Andhra Pradesh) and Brynihat (Meghalaya).

Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL) said: “Like with any other manufacturing organisation, we are going through a process of consolidation where new state-of-the art facilities are being built and existing production capacities are being optimised."