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Wednesday, 18 January 2017

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LATEST SHARE MARKET UPDATES – 18 JAN 2017

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Economy:
Tata Power`s renewable energy capacity crosses 3,000 MW
Tata Power on Tuesday said its total generation capacity from renewable energy sources has reached 3,060 megawatt (MW) till date in the current fiscal.
“The company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy company in India,” a Tata Power release here


Result today :
1. HOEC Q3 – Net Profit Up 30.2% At Rs.4.2 Cr Vs Rs.3.2 Cr (YoY);
Total Income Down 10.1% At Rs.5.5 Cr Vs Rs.6.1 Cr (YoY); Other Income At 4.2 Cr Vs Rs.2.1 Cr (YoY)
2 Phillips Carbon Q3 – EBITDA Up 59.5% At Rs.64.8 Cr Vs Rs.40.6 Cr (YoY);
Total Income Up 5.5% At Rs.538.6 Cr Vs Rs.510.5 Cr (YoY) –
Market buzz:
Midcap Losers – JSW Energy down 2,97%; PFC down 2.52%; Oil down 1.65%; ConCor down 1.61%; Emami down
DwnHous down 1.44% –
Equity 
1. Bharat Wire Ropes hits 52-week high on winning orders
Shares of Bharat Wire Ropes jumped 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company booked orders of Rs 8 Crore approximately out of which a prestigious and special order from defense
has been awarded for Rs 6.5 Crore approximately. Following the announcement, shares of company gained as much as 4.99 per cent to hit 52-week high of Rs 86.20 apiece in.
2. United Spirit jumps over 6% on surge in volume trade
Shares of United Spirit continued gaining streak on Wednesday and rallied over 6 per cent on the Bombay Stock Exchange amid surge in volume trade on buzz over media repot that Diageo is mulling acquiring majority stake
in the company. Driven by surge in volume trade, shares of company gained as much as 6.14 per cent to hit intra-day high of Rs 2210.90 apiece on Bombay Stock Exchange.




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2 comments:

  1. Currently the US and UK economy is affecting the global stock market a lot. The commodities are also affected by these global market conditions. As per by MCX tips contributers the stock market is volatile now so traders must carefully trade.

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