Coriander Seed in Physical Market Began Weak in Rajkot(Guj.)

At Gondal(Guj.) market in Rajkot(Guj.), Coriander Seed Badami opened weak at Rs. 9750-10250 per quintal, lower by 2.38 per cent from previous dayn#39;s price level. Traders reported arrivals at 300 quintals, steady as against previous dayn#39;s arrival. Coriander Seed Eagle started lower at Rs. 10000-10125 per quintal, lower by 1.22 per cent as compared to previous day. unchanged as compared to previous dayn#39;s arrival. Coriander Seed in Rajkot(Guj.) Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Gondal(Guj.) Coriander Seed Badami 9750-10250 -250 Gondal(Guj.) Coriander Seed Eagle 10000-10125 -125 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.

Jeera(Cumin Seed) in Gondal(Guj.) Physical Market Started Lower

At Gondal(Guj.) market in Rajkot(Guj.), Jeera(Cumin Seed) Loose started the day weak at Rs. 14500-15500 per quintal, down by 1.59 per cent as against previous day. Traders reported arrivals at 200 quintals, steady as against previous dayn#39;s arrival. Jeera(Cumin Seed) in Rajkot(Guj.) Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Gondal(Guj.) Jeera(Cumin Seed) Loose 14500-15500 -250 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.

NSE TIPS

1	SELL HERO MOTORS@2660 SL 2710 TARGET 2610/2550/2500	06/08/2015	11:15:42
2	SELL AXIS BANK@584-585 SL 590 TARGET 580/575/570	06/08/2015	11:15:00

GOLD TIPS

1

BUY GOLD@24740 SL 24600 TARGET 2484/24940/25040

05/08/2015

17:31:10

STOCKS: IGL Q1 net profit falls 10% on selling gas at lower price

 

 

 Indraprastha Gas Ltd., a Delhi-based gas distributor, said fiscal first quarter profit fell 10% as it sold natural gas at lower prices owing to directives of the sector regulator.

  Net profit fell to Rs 1.01 billion in three months ended Jun 30 from 1.14 billion in the corresponding period a year ago, Indraprastha Gas said in a statement to the stock exchanges.

  Net sales rose 3% to Rs 8.99 billion in the period while EBITDA margin narrowed to 18% in the quarter compared to 20.6% in the corresponding period year ago.

  Operating profit margin narrowed mainly owing to rise in cost of natural gas which the company's was unable to pass on to the consumers.

  Cost of natural gas rose 5.53% to Rs 5.58 billion in ther quarter while net sales expanded merely 3%.

   Indraprastha Gas fell 1% to Rs 479.80 at the close of trade on the National Stock Exchange.

 

SELL IGL@475-485 SL 500 TARGET 450/425/400