Last Updated: 15 Dec 2018 05:54 AM

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  • COLGATE at All Time High; BSE FMCG Index Up 0.3%


    COLGATE share price has hit an all-time high at Rs 1,327 (up 1.3%).

    Meanwhile, the BSE FMCG Index is at 11,792 (up 0.3%).

    Among the top gainers in the BSE FMCG Index today are COLGATE (up 1.3%) and NESTLE (up 0.4%).

    MARICO LTD and P&G HYGIENE (down 0.1%) are among the top losers today.

    Over the last one year, COLGATE has moved up from Rs 1,050 to Rs 1,327, registering a gain of Rs 277 (up 25.6%).

    The BSE FMCG has moved up from 10,446 to 11,792, registering a gain of 1,346 points (up 12.9%) during the last 12 months.

    The top gainers among the BSE FMCG Index stocks during this same period were RADICO KHAITAN (up 54.3%), ZYDUS WELLNESS (up 46.6%) and HUL (up 40.9%).

    What About the Benchmark Indices?

    The BSE Sensex is at 36,019 . The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 4.8%), ASIAN PAINTS (up 1.7%) and INFOSYS LTD (up 1.6%). Other gainers include YES BANK (up 1.5%) and ICICI BANK (up 1.0%). The most traded stocks in the BSE Sensex are YES BANK and ITC LTD.

    In the meantime, NSE Nifty is at 10,816 (up 0.1%). The top gainers in the NSE Nifty include BHARTI AIRTEL (up 4.8%), IOC (up 3.1%) and BPCL (up 2.1%). Other gainers include GRASIM IND. (up 2.1%) and INDIABULLS HOU. FIN. (up 1.7%).

    Over the last 12 months, the BSE Sensex has moved up from 33,053 to 36,019, registering a gain of 2,966 points (up 8.8%).

    COLGATE Financial Update...

    COLGATE net profit stood at Rs 2 billion for the quarter ended September 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 13.0% to Rs 11.7 billion during the period as against Rs 10.3 billion in July-September 2017.

    For the year ended March 2018, COLGATE reported 18.6% increase in net profit to Rs 6.9 billion compared to net profit of Rs 5.8 billion during FY17.

    Revenue of the company grew 4.2% to Rs 43 billion during FY18.

    The current Price to earnings ratio of COLGATE, based on rolling 12 month earnings, stands at 48.2x.

    This article (COLGATE at All Time High; BSE FMCG Index Up 0.3%) is authored by Equitymaster.

    Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

  • Sensex Trades Flat; Bharti Airtel & Yes Bank Top Gainers


    Share markets in India�are presently trading on a flat note. Sectoral indices are trading mixed with stocks in the oil & gas sector and realty sector�witnessing maximum buying interest while healthcare stocks and capital goods stocks are witnessing selling pressure.

    The�BSE Sensex�is trading up by 35 points (up 0.1%), while the�NSE Nifty�is trading up by 5 points (up 0.1%). The�BSE Mid Cap�index is trading up by 0.4% and the�BSE Small Cap�index is trading up by 0.1%.

    The rupee is trading at Rs 71.75 against the�US$.

    The central board meeting of the Reserve Bank is underway to discuss contentious issues including a new economic capital framework (ECF) for the central bank and relaxation in the prompt�corrective action norms for at least some of 12 state-run banks.

    This is the first board meet chaired by the newly-appointed Shaktikanta Das, who took over as the 25th governor on Wednesday.

    In the news from the telecom sector, Bharti Airtel and Vodafone Idea are in focus today after Telecom Disputes Settlement and Appellate Tribunal (TDSAT) rejected Telecom Regulatory Authority of India's (TRAI) predatory pricing rule.

    Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Thursday set aside sector regulator TRAI's rule on predatory pricing for lack of transparency in the guidelines over determining market share and rates of services.

    The shares of both scripts gained up to 10% on the back of the above news.

    The move came as a major relief to Bharti Airtel and�Vodafone Idea which had in March challenged the amendment made by TRAI in the Telecommunication Tariff order.

    In another news, Reliance communication is also in focus today after Supreme Court directed Department of Telecommunications (DoT) to issue NOC to allow company the spectrum sale within 2 days.

    Earlier, Supreme Court allowed spectrum sale from Reliance Communications to Jio and directed company to furnish corporate guarantee of Rs 14 billion to DoT.

    Reliance communication share price is presently trading up by 3.5%

    Moving on to the news form the automobiles sector, Motherson Sumi is witnessing buying interest today as media reports suggested that the company is in talks to acquire or merge with Germany-based Leoni, the largest maker of special automotive cables globally.

    Motherson�Sumi, which is a�joint venture (JV)�between India's Samvardhana Motherson Group and Japan's Sumitomo Wiring Systems, acquired several companies in recent years, adding to its range of automotive interior products including rearview mirrors, wiring harnesses and rubber and plastic components.

    The company has been scouting for a sizeable acquisition target in Europe with the help of an investment bank. Any deal with Leoni could be worth more than 1 billion euros.

    The auto company most recently acquired Reydel Automotive, which manufactures door panels and cockpit modules, for about Rs $200 million to help meet its target of not having any component, customer or country contribute more than 15% to its business by 2020.

    At the time of writing, Motherson Sumi share price was trading up by 4%.

    To know more about the company you can read Motherson Sumi Q2FY19 result analysis and Motherson Sumi Annual Report analysis on our website.

    Speaking of auto companies, 2018 hasn't been good for stalwart auto and auto ancillary companies. No wonder the BSE Auto index is down 23% this year.

    Have a look at the chart below that shows how India's big auto companies have fared this year.

    Are Auto Companies Running Out of Gas?

    Here's what Sarvajeet wrote about the auto stocks in one of the editions of�The 5 Minute WrapUp...

    The biggest losers are�Tata Motors�(down 57%) and�Motherson Sumi�(down 34%).

    Others like�Maruti Suzuki,�Hero Motocorp,�Bajaj Auto�have fallen between more than 20%.

    So, is this a good time to buy select auto stocks?

    Kunal and I at�Smart Money Secrets�certainly think so.

    Richa Agarwal, editor of�Hidden Treasure, agrees with us.

    With the recent correction in the entire auto space, she�initiated a coverage on engine manufacturer this month. This company enjoys the benefits of a strong brand and a supportive parent.

    Also, one of Richa's earlier 'buy at lower level' recommendations has now become a 'Buy' recommendation.

    As per her forecast, there is�an upside potential of more than 50%.

    She sent a special update in this regard.�Hidden Treasure�subscribers can access it here.

    If you haven't signed up for�Hidden Treasure,�you can do so here.



    This article (Sensex Trades Flat; Bharti Airtel & Yes Bank Top Gainers) is authored by Equitymaster.

    Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

  • FORTIS HEALTHCARE Plunges by 10%; BSE 500 Index Up 0.1%


    FORTIS HEALTHCARE share price has plunged 10% and is presently trading at Rs 153.

    Meanwhile, the BSE 500 Index is at 14,444 (up 0.1%).

    Among the top losers in the BSE 500 Index today is FORTIS HEALTHCARE (down 10.5%).

    RELIANCE NAVAL & ENGINEERING LTD (up 15.3%) and MAX INDIA LTD (up 12.4%) are among the top gainers today.

    Over the last one year, FORTIS HEALTHCARE has moved up from Rs 131 to Rs 153, registering a gain of Rs 23 (up 17.5%)..

    The BSE 500 has moved up from 14,399 to 14,444, registering a gain of 45 points (up 0.3%) during the last 12 months.

    The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 113.5%), V-MART RETAIL (up 90.8%) and NIIT TECHNOLOGIES (up 81.5%).

    What About the Benchmark Indices?

    The BSE Sensex is at 36,019 . The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 6.4%). The most traded stocks in the BSE Sensex are YES BANK and ITC LTD.

    In the meantime, NSE Nifty is at 10,816 . BHARTI AIRTEL (up 6.2%) is among the top gainers in NSE Nifty.

    Over the last 12 months, the BSE Sensex has moved up from 33,053 to 36,019, registering a gain of 2,966 points (up 8.7%).

    FORTIS HEALTHCARE Financial Update...

    FORTIS HEALTHCARE net profit down at Rs 1 billion for the quarter ended September 2018, compared to a loss of Rs 256 million a year ago. Net Sales rose 1.7% to Rs 11.4 billion during the period as against Rs 11.2 billion in July-September 2017.

    For the year ended March 2018, FORTIS HEALTHCARE reported 1977.0% increase in net profit to Rs 1.1 billion compared to net loss of Rs 51.0 million during FY17.

    Revenue of the company grew 0.3% to Rs 46 billion during FY18.

    The current Price to earnings ratio of FORTIS HEALTHCARE, based on rolling 12 month earnings, stands at down 6.4x.

    This article (FORTIS HEALTHCARE Plunges by 10%; BSE 500 Index Up 0.1%) is authored by Equitymaster.

    Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

  • GUJARAT GAS LTD Surges by 7%; BSE OIL & GAS Index Up 0.9%


    GUJARAT GAS LTD share price has zoomed 7% and is presently trading at Rs 697.

    Meanwhile, the BSE OIL & GAS Index is at 13,326 (up 0.9%).

    Among the top Gainers in the BSE OIL & GAS Index today is GUJARAT GAS LTD (up 6.6%).

    INDRAPRASTHA GAS (down 0.3%) is among the top loser today.

    Over the last one year, GUJARAT GAS LTD has moved down from Rs 830 to Rs 697, registering a loss of Rs 134 (down 16.9%).

    On the other hand, the BSE OIL & GAS has moved down from 16,072 to 13,326, loss of 2,746 points (down 17.2%) during the last 12 months.

    The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 21.3%).

    What About the Benchmark Indices?

    The BSE Sensex is at 36,019 (up 0.1%).

    The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 7.7%), ASIAN PAINTS (up 1.9%) and YES BANK (up 1.3%). Other gainers include INFOSYS LTD (up 1.1%) and ICICI BANK (up 0.8%). The most traded stocks in the BSE Sensex are YES BANK and ITC LTD.

    In the meantime, NSE Nifty is at 10,816 (up 0.1%). BHARTI AIRTEL (up 8.3%) is among the top gainers in NSE Nifty.

    Over the last 12 months, the BSE Sensex has moved up from 33,053 to 36,019, registering a gain of 2,966 points (up 8.8%).



    This article (GUJARAT GAS LTD Surges by 7%; BSE OIL & GAS Index Up 0.9%) is authored by Equitymaster.

    Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

  • RELIANCE NAVAL & ENGINEERING LTD Surges by 14%; BSE 500 Index Up 0.2%


    RELIANCE NAVAL & ENGINEERING LTD share price has zoomed 14% and is presently trading at Rs 16.

    Meanwhile, the BSE 500 Index is at 14,444 (up 0.2%).

    Among the top Gainers in the BSE 500 Index today are RELIANCE NAVAL & ENGINEERING LTD (up 14.4%) and MAX INDIA LTD (up 12.4%).

    M&M and PFIZER are among the top losers today.

    Over the last one year, RELIANCE NAVAL & ENGINEERING LTD has moved down from Rs 35 to Rs 16, registering a loss of Rs 19 (down 53.6%).

    On the other hand, the BSE 500 has moved up from 14,399 to 14,444, registering a gain of 45 points (up 0.1%) during the last 12 months.

    The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 113.8%), V-MART RETAIL (up 90.8%) and NIIT TECHNOLOGIES (up 81.7%).

    What About the Benchmark Indices?

    The BSE Sensex is at 36,019 (up 0.1%).

    The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 6.1%), ASIAN PAINTS (up 1.7%) and INFOSYS LTD (up 1.1%). Other gainers include YES BANK (up 1.1%) and ICICI BANK (up 0.9%). The most traded stocks in the BSE Sensex are YES BANK and ITC LTD.

    In the meantime, NSE Nifty is at 10,816 (up 0.1%). BHARTI AIRTEL (up 5.7%) and IOC (up 2.8%) are among the top gainers in NSE Nifty.

    Over the last 12 months, the BSE Sensex has moved up from 33,053 to 36,019, registering a gain of 2,966 points (up 8.8%).



    This article (RELIANCE NAVAL & ENGINEERING LTD Surges by 14%; BSE 500 Index Up 0.2%) is authored by Equitymaster.

    Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

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