Market Watch

Monday 23 May 2016

Today Stock Tips Market Analysis Nifty eyes 7800, Sensex firm

When you invest in a stock, you expect to get more returns than the money you put in. Analysts and investors often use a normal probability distribution when analyzing the returns of a stock. Investors use the normal probability distribution of a stock’s past returns to make assumptions regarding its expected future returns.
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Dish TV profit of Rs 482.8 crore:- 
In the fourth quarter of fiscal year 2016 a profit of Rs 428.8 Dish TV. 402.9 crore in the January-March quarter of the tax reversal is Dish TV. Dish TV in the fourth quarter of fiscal year 2015 was a net profit of Rs 35 crore. Dish TV in the fourth quarter of fiscal 2016, revenue increased by 9.5 per cent to Rs 799.3 crore has been reached. Dish TV's revenue in the fourth quarter of fiscal year 2015 stood at Rs 730 crore.

Patel Engineering received 2376.85 crore contract, pushing up shares 11.11% :-
The company Udhampur-Srinagar-Baramulla new BG railwayline first order project for construction of tunnel in Katra section is Bnihal. The total cost of this contract is Rs 654.61 crore. The second order company T-15, T-14 tunnel parts for construction and its total cost is Rs 1722.24 crore. It is both domestic contracts.
In BSE, Patel Engineering's stock opened at Rs 55.80 with good edge on Monday. During trading it was up by Rs 58.45 to Rs 55.60 while fell downward. Around 12:40 pm at the company's share of Rs 5.60 or 11.11% at Rs 56 with a lead running great. The company's current market capitalization is Rs 387.1 crore. Currently, the stock is trading below the 200 DMA.

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