Best Shares To Buy Sell Today (9th August)

The BSE Sensex is trading at 31,915 down 98 points, while NSE Nifty is trading at 9,953 down 25 points. A total of 15 stocks registered a fresh 52-week high in trade today, while 64 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading down 0.46% at 15,342, whereas BSE Small-cap Index is trading down 0.54% at 15,817. Some buying activity is seen in Energy, IT and Metal while Finance, Telecom, Auto are showing weakness on BSE.

Best Shares To Buy Sell Today (9th August)

JSPL

In the first quarter of fiscal year 2018, JSPL has reported a loss of Rs 420.5 crore. In the first quarter of fiscal year 2017, JSPL suffered a loss of Rs 1238.1 crore. In the first quarter of fiscal year 2018, JSPL’s earnings increased by 19.6 per cent to Rs 6,126.6 crore. JSPL’s income in the first quarter of fiscal year 2017 was Rs 5124.7 crore.

Sun pharma

In the April-June quarter on the year-on-year basis, Sun Pharma’s subsidiary Israeli subsidiary Taro’s profits dropped 50 percent to $ 5.45 million from $ 10.99 million. In the April-June quarter on a year-on-year basis, TARO’s sales fell 31 percent to $ 16.13 million from $ 23.38 million.

Tata Chemicals

In the first quarter of fiscal year 2018, Tata Chemicals’ profits have decreased 13.6 per cent to Rs 178 crore. In the first quarter of fiscal year 2017, Tata Chemicals had a profit of Rs 206 crores.

Hitachi

In the first quarter of fiscal year 2018, Hitachi’s profit has declined 11 per cent to Rs 62 crore. In the first quarter of fiscal year 2017 Hitachi’s profit was Rs 69 crores. In the April-June quarter on a year-on-year basis, Hitachi’s Avitada has come down from Rs 117 crore to Rs 104 crore. In the April-June quarter on the year-on-year, Hitachi’s Ebidata margin decreased from 14.3 per cent to 12 per cent.

Ramkrishna Forging / Quas Corp

RBI has extended the limit of FPI investment in Ramkrishna Forging and Quas Corp.