Stock Tips for Today
Telecom minister has said that there is no plan for merger with MTNL BSNL. MTNL is in big debt while the performance of BSNL is improved.
IOC / BPCL / HPCL
Work has begun to finish the subsidy on kerosene. Now the oil companies will raise 25 paise per liter every 15 days. The money will be increased till the subsidy is over.
In the first quarter of fiscal year 2018, Bata’s profits increased 19.7 percent to Rs 60.4 crore. In the first quarter of FY 2017, Bata’s profit was Rs 50.5 crore.
In the first quarter on the basis of the first quarter, Bata’s EBITDA has increased from Rs 85.1 crore to Rs 95.5 crore. In the April-June quarter on the year-on-year basis, the EBITDA margin of Bata has increased from 12.8 per cent to 13 per cent.
In the first quarter of fiscal year 2018, Reliance Infra’s profits declined 23.8 percent to Rs 334.2 crore. In the first quarter of fiscal year 2017, Reliance Infra’s profit was Rs 438.8 crores.
According to the CAG audit report on MRPL, the company has lost a deficit of Rs 13.7 crore till September 2016. The reason for the deficit is not to hedge ECB loan. According to the report, MRPL kept Rs 768.46 crore in non-interest current account.
Nifty Future and Option Tips for Today – Expert Prediction (3rd August)
BUY BALRAMCHINE FUTURE ABOVE 172 TARGETS 172.7 , 173.4 , 174.1 STOPLOSS 170.6
BUY NTPC FUTURE ABOVE 173 TARGETS 173.6 , 174.2 , 174.8 STOPLOSS 171.8
SELL GODREJCON FUTURE BELOW 919 TARGETS 916 , 913 , 910 STOPLOSS 925