Idea Q4 beats street, net up 26%; data volume drives growth The Aditya Birla Group company’s data volume was up 31 percent while total voice minutes jumped 8.6 percent, in the quarter. Its average revenue per user (ARPU) stood at Rs 173 versus Rs 169 Q-o-Q, while average revenue per minute (ARPM) was almost flat at 43.6 paise compared to Rs 44.9 paise on a quarterly basis.
Read more at: http://www.moneycontrol.com/news/results/idea-q4-beats-street-net26-data-volume-drives-growth_1075736.html?utm_source=ref_article
This is a POSITIVE NEWS for IDEA as there is significant improvement in PE value Stock may move up.
HUL Q4 meets estimates; net rises 11%, volume growth at 3% The company announced a dividend of Rs 7.50 per share. Together with interim dividend of Rs 5.5 per share, total dividend for the entire fiscal stands at Rs 13 per share.
Read more at: http://www.moneycontrol.com/news/results/hul-q4-meets-estimates-net-rises-11-volume-growth-at-3_1075550.html?utm_source=ref_article
This is a POSITIVE NEWS for HUL as the results exceed expectations while stock falling. Nifty is in downtrend for the day. So the stock being a defensive stock with a positive news should rise significantly today.
FY14 fiscal deficit likely to fall to 4.5%: FinMin sources There are indications that the number could be as low as 4.5 percent, which is marginally lower than 4.6 percent that was mentioned in the interim Budget. However, the finance minister has not yet confirmed the number.
Read more at: http://www.moneycontrol.com/news/cnbc-tv18-comments/fy14-fiscal-deficit-likely-to-fall-to-45-finmin-sources_1075720.html?utm_source=ref_article
This is a POSITIVE NEWS for NIFTY. But still the market may not rise today due to other reasons.
Provisioned higher in Q4 to tackle uncertainties: IDFC In an interview with CNBC-TV18’s Ekta Batra and Latha Venkatesh, IDFC’s MD and CEO Vikram Limaye discussed the firm’s fourth quarter earnings, the outlook ahead and the recent approval the RBI granted it to turn into a bank.
Read more at: http://www.moneycontrol.com/news/results-boardroom/provisioned-higherq4-to-tackle-uncertainties-idfc_1075681.html?utm_source=ref_article
This is a NEGATIVE NEWS for IDFC as it will impact it's bottom line.
FinMin, DIPP to meet on HDFC Bank FDI proposal on Tue Officials of the Finance Ministry and the DIPP will meet tomorrow to deliberate on the proposal to raise the overseas shareholding limit in HDFC Bank.
Read more at: http://www.moneycontrol.com/news/business/finmin-dipp-to-meethdfc-bank-fdi-proposaltue_1075875.html?utm_source=ref_article
This is a NEUTRAL NEWS for HDFC BANK as the decession is still pending.
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