Report by- Sabyasachi Bhattacharya
Amrapali India Q3 result; let’s take a look at their performance-
Net Sales at Rs 3,905.68 crore in December 2018 up 41.37% from Rs. 2,762.80 crore in December 2017.
Quarterly Net Profit at Rs. 0.24 crore in December 2018 down 96.77% from Rs. 7.56 crore in December 2017.
EBITDA stands at Rs. 1.77 crore in December 2018 down 79.35% from Rs. 8.57 crore in December 2017.
Amrapali Ind EPS has decreased to Rs. 0.05 in December 2018 from Rs. 1.47 in December 2017.
Amrapali Ind shares closed at 4.06 on February 15, 2019 (BSE) and has given -20.55% returns over the last 6 months and -20.86% over the last 12 months.
Let’s take a look at their Q3 report-
Source-MoneyControl, Purple Trades Research Department
Indian markets had a Bullish day today-
Chart source- Upstox
Indian markets had a bullish day today. After 7 consecutive bearish days, the broader Index finally recovered. There was a gap up opening for the Index after which it stayed in a range bound motion for most of the day. During the last hour of the market, the Index rallied up. This bullish movement caused was mainly due to the bullish movement in the IT sector. IT giants like Infy and wipro made sure that the Index was bullish for the day. At the end of the day indian indices bounced back and broke the 8-day losing streak on Wednesday with Nifty ended near to 10,750 mark helped by metal, IT and oil & gas stocks. The Sensex was up 403.65 points at 35756.26, while Nifty was up 131.10 points at 10735.50. About 1468 shares have advanced, 1107 shares declined, and 161 shares are unchanged. Top gainers include Indiabulls Housing, Vedanta, Tata Steel, Adani Ports and Hindalco Industries, while losers are Zee Entertainment, Hero Motocorp, Dr Reddy’s Labs, HUL and Bajaj Auto. All the sectoral indices ended in green led by metal, IT, energy, infra, bank, pharma and auto stocks.
Let’s take a look at the performance of major Indices-
Global markets had a bullish day today. European Indices DAX, CAC and FTSE along with Asian Indices and US Indices were all seen in the GREEN.
Source- MoneyControl, Purple Trades Research Department
Key Points for Traders to watch out for while trading Nifty tomorrow-
- 10,650 is a short term support for Nifty.
- If Nifty breaks 10,650 then it has the potential to go down.
- 10,800 is a short term resistance for Nifty.
- If Nifty breaks 10,800 then it has the potential to go up.
Sectors that moved the market today- Data source- Moneycontrol
Gainers for today- Data source- Moneycontrol
Losers for today- Data source- Moneycontrol