Intraday Tips for 11th August – Expert Prediction

The BSE Sensex is trading at 31,294 down 237 points, while NSE Nifty is trading at 9,743 down 76 points. A total of 6 stocks registered a fresh 52-week high in trade today, while 200 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading down 0.21% at 14,725, while BSE Small-cap Index is trading down 0.47% at 15,000. All the sectoral indices on BSE have been witnessing selling pressure except Realty and IT sector. Aurobindo Pharma, GAIL, Infosys, Tech Mahindra and Wipro are among the gainers, whereas Vedanta Limited, Hindalco, Asian Paints, ONGC and Bosch are losing sheen on NSE.

Intraday Tips for 11th August – Expert Prediction

J Kumar Infra / Prakash Industries
From today, J Kumar Infra and Prakash Industries will start trading again.

Union Bank
In the first quarter of fiscal year 2018, the profit of Union Bank has declined 29.9 percent to Rs 116.6 crore. In the first quarter of the financial year 2017, the profit of Union Bank was 166.3 crores. In the first quarter of the financial year 2018, the interest income of Union Bank has increased by 6.7% to Rs 2243 crore. In the first quarter of the financial year 2017, the interest income of Union Bank was Rs 2102 crores.

IOB
In the first quarter of fiscal year 2018, IOB has lost a loss of Rs 499.1 crore. In the first quarter of fiscal year 2017, IOB had a loss of Rs 1450.5 crore. On the quarterly basis, IOB’s gross NPA has increased from 22.4 per cent to 23.6 per cent in the first quarter. On the quarterly basis, IOB’s Net NPA has increased from 14% to 15% in the first quarter.

United Breweries
In the first quarter of the financial year 2018, United Breweries’ profits rose 10 percent to Rs 161.9 crore. United Breweries’ profits in the first quarter of fiscal year 2017 was Rs 147.1 crore. In the first quarter of fiscal year 2018, the income of United Breweries has increased by 17.4% to Rs 3810 crores. In the first quarter of the financial year 2017, the income of United Breweries was Rs 3244.6 crores.

Indo Count
In the first quarter of the financial year 2018, IndoCount’s profits have fallen 47 percent to Rs 31.9 crore. In the first quarter of the financial year 2017, the Indo-counts had a profit of Rs 60.3 crore. In the first quarter of the financial year 2018, the income of Indo Count declined by 16.1 percent to Rs 399.4 crore. In the first quarter of the financial year 2017, the income of Indo Count was Rs 476.1 crore.

IFCI
In the first quarter of fiscal year 2018, IFCI has reported a loss of Rs 276.9 crore. In the first quarter of fiscal year 2017, IFCI had a loss of Rs 110.3 crore. In the April-June quarter, the interest deficit of IFCI was Rs 78.3 crore. On the quarterly basis, IFCI’s gross NPA has increased from 31.9 percent to 34.6 percent in the first quarter. On the quarterly basis, IFCI’s net NPA has increased from 27 per cent to 28.9 per cent in the first quarter.