These 16 Companies Posted at least 25% PAT Margin Every June Quarter in last 4 years-Sai Proficient

Indian companies are gearing up to announce results for the quarter ended June 2018, and this one is exactly a year since the implementation of the country’s biggest tax reform, Goods and Service Tax (GST).

We analysed the June quarter performance of companies over a period of four years and noticed these 16 companies, with a market cap of Rs 1,000 crore each, that delivered net profit margins exceeding 25 percent in each of the last 4 fiscals.

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/

What to expect from Reliance Industries’ 41st AGM today?

The Mukesh Ambani-controlled oil-to-retail-to-telecom conglomerate Reliance Industries (RIL) will hold its 41st annual general meeting (AGM) on July 5, 2018.

The AGM will begin at 11 am at Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, near Bombay Hospital and Medical Research Centre, in Mumbai.

For the last few years, RIL has made massive Jio-related announcements during the AGM and the trend is expected to continue. Not to forget, the highly-anticipated JioPhone was launched at the same event last year, which was made available for a refundable deposit of Rs 1,500.

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/

Podcast | Stock Picks of the Day: Top 5 stocks that Could Return 6-15% in 1-2 Months-Sai Proficient Research

The Nifty, which started higher, traded mostly with a positive bias before closing 70 points higher on Wednesday. During the session, it moved above the most recent inflection point on the daily chart, which suggests growing optimism.

It ended the session above its 21-day double exponential moving average for the first time in few days. The Nifty moved above the 61.8 percent retracement of the previous fall from 10,893 to 10,557, which says that the index has recovered almost two-third of the previous fall.

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/

Nifty to Consolidate within 10,550-10,850 range-Sai Proficient

The Nifty constantly faced stiff resistance around 10,850. Towards expiry, selling in heavyweights triggered the Nifty to end 1.5 percent lower for the June series.

Divergence in Nifty & broader markets continued, with midcap and small cap falling 3x and 6x, respectively, compared to the Nifty.

Looking at equity flows, DII buying of well over $2 billion failed to soothe the midcap & small cap space as FIIs sold over $1 billion and pushed stocks lower.

Negative news flows was not only domestic (rupee making record lows, surpassing 68 levels) but also global (emerging market sell-off and dollar, crude up move continued during June).

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/freeTrial.aspx

Nifty closed around 10630, Sensex dropped 66 points-Sai Proficient

In the early business, the move of domestic markets is weak. The Nifty has come down to 10,650, while the Sensex is also showing a declining trend. Selling in mid-caps and smallcap stocks is going on. BSE's mid-cap index has dropped 0.25%, while the mid-cap index of the Nifty has dropped 0.3%. BSE's smallcap index has shrunk by 0.25%.

Selling in metal, realty, PSU banks and power shares is dominant. Bank Nifty fell 0.2% to 26,183.5. However, oil and gas and IT stocks are showing a slight increase.

Vedanta, Bharti Infratel, Grasim, Power Grid, UPL, ICICI Bank, Wipro and NTPC have fallen 3.1-0.7% in the market during this time of trading. However, Hero Moto, ONGC, Tech Mahindra, Axis Bank, Reliance Industries and Asian Paints rose 1.4-0.8% in the giants.

IDBI Bank, Amphisis, Oberoi Realty and Crisil have rallied 4-1.8% in mid-caps. However, United Breweries, Jindal Steel, Bharat Forge, Rajesh Exports and Berger Paints have risen 2.9-1.2% in the midcap stocks.

In the smallcap shares, 8 miles, NDTV, Aero Greentech and Avanti feeds are broken up to 13.7-4.9%. However, in smallcap stocks, Kiri Industries, MSR India, Manappasand Beverages, Ahluwalia and Electrosteel Steels have been up 13.2% each.

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/

Tata Motors gains 3% post robust June sales number-Sai Proficient

Shares of Tata Motors added 3 percent in the opening trade on Monday after stellar June month sales numbers.

For the month of June, the company has reported 54 percent jump in its sales volumes at 56,773 units compared to 36,836 units in the same months previous year.

However, for the first quarter (April-June) its sales increased by 65 percent at 1,64,579 units on the back of strong month on month sales performance of its commercial and passenger vehicles business in the domestic market.

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/

The Sensex dropped 110 points, below the Nifty 10700- Sai Proficient

In the early business, the domestic markets are seeing a decline. The Nifty has come down to 10,700 while the Sensex has 100 points weakness. Sensex slipped below 35,400. Sensex and Nifty are showing a weakness of 0.25%.

Even mid-caps and smallcap stocks are showing slight pressure. BSE's mid-cap index has gained 0.1%, while the mid-cap index of Nifty is looking at 100 indexes. BSE's smallcap index has jumped 0.1%.

Selling in banking, FMCG, Capital Goods, Power and Oil & Gas stocks is showing. Bank Nifty fell 0.4% to 26,261 levels. However, buying is seen in auto, IT, media and consumer durables stocks.

During the time of business in the market, NTPC, Eicher Motors, Coal India, Vedanta, ONGC and ITC have fallen by 2.7-1.5%. However, Tata Steel, Bajaj Auto, Tech Mahindra, Tata Motors, HPCL, Sun Pharma and Asian Paints have risen 2.7-0.9% in the giants.

Nalco, Central Bank, CG Consumer, SJVN and Endurance Tech have rolled 3-1.4% in mid-caps. However, IDBI Bank, Alchem ​​Lab, Ashok Leyland and Bharat Forge have been up 4.2-2% in mid-cap stocks.

In smallcap stocks, NCL Industries, Kolte-Patil, Aero Greentech, JBF Industries and Phenyotex Chemicals are broken by 6.1-3.9%. However, in Smallcap stocks, Olske Tech, NDTV, Ren Industries, Vikramangi and LEE have been strong at 10.9-4.9%.

For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/