Earnings recovery bigger trigger than GST; a stock that gave 600% returns in 3 years

ET Markets Daily Brief | Fri, Jul 29, 2016 | 06:02 PM IST Follow ET Markets

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities

Earnings recovery bigger trigger than GST; 5 stocks to look at now The much-debated GST inched closer to becoming a reality this week after the Union Cabinet approved amendments to the constitutional amendment bill. What we learned from ICICI Bank's June quarter earnings The bank reported a 25 per cent drop in June quarter net profit, which was in line with Street estimate of 26 per cent drop. Gross NPAs saw a marginal uptick. Here's what happened on Dalal Street all through Friday We capture every action from the listed universe of India Inc; be it largecap, midcap or smallcap to keep you up-to-date on anything that may move your market.

Interview One to One Corporate governance, capital allocation and technology to mark out outperformers by 2020... Nilesh Shah, MD, Kotak AMC

Market Watch 29 Jul | 06:02PM| SENSEX NIFTY USD/INR GOLD 28051.86 ↓-156.76 8638.50 ↓-27.80 67.00 ↓-0.04 31107.00 ↑76.00

Gainers Losers 29 Jul, 2016, 06:02PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low KLRF Ltd. 56.70 20.00 6101 56.70 56.70 Sunshield Chemicals Ltd. 413.60 19.99 24844 413.60 345.00 Amarjothi Spinning Mills Ltd. 101.55 19.96 35515 101.55 85.00

Tweet of the day... Oil prices fall to fresh April lows as oversupply bites

FROM THE NEWSPAPER

Hits & Misses: 570% returns in 3 years! This stock has all MFs queuing up to buy With the GST rollout in sight, raw material costs down and fundamentals strong, the stock still appears to have a lot of steam left in it from a long-term perspective. Breaking down L&T's Q1 numbers: Key takeaways The company's bottomline showed strong growth at 46 per cent from Rs 419 crore to Rs 610 crore. Consolidated revenue grew 9.2 per cent to Rs 21,874 crore. BoJ eases, but not ready to jump into any helicopter: Top five takeaways It said it will take additional easing measures to achieve the price stability target in terms of three dimensions – quantity, quality and interest rates. Bullion has positive bias, crude may weaken The bullion counter may trade with a positive bias tracking firm international markets as US GDP data will give further direction to the prices. FII index futures second highest since 2012 "FII Positions remain at elevated levels and we are close to the peak of this," said Rohit Srivastava, fund manager, Sharekhan.

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