Showing posts with label Daily Free report Moneymaker Advisory. Show all posts
Showing posts with label Daily Free report Moneymaker Advisory. Show all posts

Friday 27 October 2017

Maruti Suzuki Q2 profit rises 3.44%


Stock News, Money Maker Research, Best Trading tips, Top Advisory
The stocks of Maruti Suzuki were trading 1.3% higher at Rs 8,170 in the afternoon hours.

Maruti Suzuki Ltd on Friday reported a rise of 3.44% in profit after tax at Rs 2,484.3 crore for the Q2 ended Sept 30. It had reported a profit of Rs 2,401.5 cr in the corresponding quarter last year.
The company said it expects a double-digit increase for the remainder of the financial year.
The company sold a total of 4,92,118 vehicles during the quarter, a growth of about 18% over the same period of the previous year. Sales in the domestic market stood at 4,57,401 units, a growth of 19% . Exports were at 34,717 units.

The stocks of Maruti Suzuki were trading 1.3% higher at Rs 8,170 in the afternoon hours.


Tuesday 6 September 2016

Precious Metals Global report by Moneymaker Research

Gold recovered from lows near $1300 per ounce, riding on excellent buying after the keenly eyed US Nonfarm payrolls data witnessed a soft performance. The metal moved up from near two and half month lows and a quick rebound post nonfarm took the commodity near $1330 per ounce. MCX Gold futures also managed to recover from lows near Rs 30500 per 10 grams and edged up towards Rs 31K. Local futures have been witnessing a corrective movement after hitting highs above Rs 32300 per 10 grams in July this year. However, a good monsoon is likely to trigger some buying in retail markets in coming festive season.

The US Nonfarm payrolls rose by 151000 in August, slowing sharply from recent figures and pushing an expected increase in US interest rates toward the end of the year. The unemployment rate was unchanged at 4.9% though. Average hourly wages rose 0.1% to $25.73. Hourly pay increased 2.4% from August 2015 to August 2016. Total employment gains for July and June, meanwhile, were barely changed. The government said 275,000 new jobs were created in July instead of 255,000.


Gold speculator and large futures traders added sharply to their gold bullish positions last week after trimming them for two weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Comex gold futures, traded by large speculators and hedge funds, totaled a net position of +294609 contracts in the data reported through August 23th. This was a weekly change of 10758 contracts from the previous week’s total of +283851 net contracts that was registered on August 16th. The spec position is still highly bullish and within approximately 20,000 contracts of the year’s high point of +315,963 contracts. The current levels are the highest in nearly two months.

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