Querterly Results

Querterly Results

Good & Exceptional Results from:

BEL results are exceptional. 70% increase in sales and 90% increase in net profit. BEL is now trading at a P/E of 12 and company is reporting excellent numbers for last 3 years. 100-300% growth is now common for this company.

Torrent Power announced outstanding results.

Hindustan Dorr Oliver announced outstanding results.

IRB Infra announced bumper results.

McNally bharat reported 100% jump in sales and net profit in June quarter.


Poor & Worst Results from:

Gujarat NRE Coke, Reliance Capital, Tulip Telecom will announce results on Saturday which is struggling after IT raids.

Today, Suzlon and Unitech will announce their results.


Market will remain closed on Monday on account of Guru Nanak Jayanti.

Market Updates

Indian Market is in corrective mode now. Investment opportunities will come in next week. Market will go down in near term future. But we need to utilize it and we will benefit from the correction when Nifty will bounce back to 5500 in next few months.

Advice to Investors:
Don't be panic during the correction. It is a healtheir one to the market. So, we need to be optmistic during correction and invest our money during that time. Indian growth story is very good for the long term. We will grow our money in many times withing 2-5 years. So, don't worry about the short term correction.