Archive for January 2015

Cigarette revenues and ITCs bottomline

FMCG major ITC announced their 3rd quarter results on 21st January. They were able to post a net profit of Rs.2635 crores from a revenue of Rs.8942.59 crores. But the stocks has dipped by 4% because of the muted performance. I just wanted to know

Indian IPO Market in 2014

2014 was a spectacular year for the Indian equities. we have witnessed benchmark indices Sensex and Nifty making life time highs. A new wave of optimism has started to observe in financial markets. It was a broad based rally with almost every stock