Pulses in Jaipur Physical Market Opened Weak

At Jaipur market , Chana Desi started the day weak at Rs. 4350 per quintal, down by 2.79 per cent as compared to previous day. Moong Desi started weak at Rs. 6100 per quintal, lower by 3.17 per cent from previous price level. Moth Local at Jaipur market opened lower at Rs. 6000 per quintal, lower by 4.76 per cent from previous dayn#39;s price level. Urad Local at Jaipur market opened at Rs. 6800 per quintal, steady as against previous close. Chawala Red at Jaipur market started the day at Rs. 3800 per quintal, steady against previous close. Pulses in Jaipur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Jaipur Chana Desi 4350 -125 Jaipur Moong Desi 6100 -200 Jaipur Moth Local 6000 -300 Jaipur Urad Local 6800 0 Jaipur Chawala Red 3800 0 nnbsp;

Pulses in Jaipur Physical Market Opened Weak

At Jaipur market , Chana Desi started the day weak at Rs. 4350 per quintal, down by 2.79 per cent as compared to previous day. Moong Desi started weak at Rs. 6100 per quintal, lower by 3.17 per cent from previous price level. Moth Local at Jaipur market opened lower at Rs. 6000 per quintal, lower by 4.76 per cent from previous dayn#39;s price level. Urad Local at Jaipur market opened at Rs. 6800 per quintal, steady as against previous close. Chawala Red at Jaipur market started the day at Rs. 3800 per quintal, steady against previous close. Pulses in Jaipur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Jaipur Chana Desi 4350 -125 Jaipur Moong Desi 6100 -200 Jaipur Moth Local 6000 -300 Jaipur Urad Local 6800 0 Jaipur Chawala Red 3800 0 nnbsp;

NSE TIPS

TATA MOTOR SELL BELOW @385 SL 390 TAREGT 380/375/370 07/08/2015 11:38:31

Mahindra & Mahindra, Tata Motors' Q1 net profit, margins to fall

 

 Mahindra & Mahindra Ltd., India's biggest sports utility vehicle maker, and Tata Motors Ltd., the maker of the Jaguar-Land Rover luxury car, are expected to says profit fell in the fiscal first-quarter and operating profit margin narrowed.

   Mahindra & Mahindra's margins are expected to be weak at 11.4% compared to 12.4% in the same period last year, Emkay Global said in a report.

  The automaker is expected to report a 11% drop in net profit to Rs 7.84 billion while net sales are expected to fall 2.8% to Rs 99.73 billion in the quarter.

  Meanwhile, Tata Motors is expected to report EBITDA margins at 15.2% in the first quarter compared to 18.2% in the same period last year, the report added.

  The company's net profit is expected to fall 44.9% to Rs 29.36 billion while net sales is expected to drop 6.7% to Rs 603.3 billion in the first quarter.

  At 11:15AM, Mahindra & Mahindra rose 1.21% to Rs 1,411.10 while Tata Motors climbed 1.50% to Rs 388.75 on the Mumbai stock exchange.The 30-share Sensex index rose 0.02% to 28,299.43.

Bombay Dyeing slips on reporting Q1 net loss on higher costs

  : Bombay Dyeing & Manufacturing Company Ltd., the flagship company of Wadia Group, slipped after reporting net loss in the fiscal first quarter on higher finance costs and weak sales.

  Net loss of the company stood at Rs 533.7 million in the three months ended Jun 30 compared to loss of Rs 536.3 million a year earlier and profit of Rs 1.78 billion a quarter ago, Bombay Dyeing said in a statement to the stock exchanges on Thursday after market hours.

  The company's net sales slipped 27.4% to Rs 3.93 billion in the Apr-Jun period while finance cost climbed 15.5% to Rs 628 million in the quarter.

  Other income of the company declined to Rs 40.2 million in the three months ended June compared to Rs 114.1 million a year earlier.

  Revenue from textile segment declined 34.7% to Rs 878.9 million in the quarter while revenue from polyester slipped to Rs 2.74 billion from Rs 3.94 billion a year earlier.

  At 11:35AM, Bombay Dyeing slipped 5.06% to Rs 82.60 on the Mumbai stock exchange.