Stock update:IDEA (Idea Cellular) (Positional call)

About Idea Cellular:



Idea Cellular is an Aditya Birla Group Company, India's first truly multinational corporation. Idea is a pan-India integrated GSM operator offering 2G and 3G services, and has its own NLD and ILD operations, and ISP license. With revenue in excess of $4 billion; revenue market share of nearly 15%; and subscriber base of over 121 million in FY 2013, Idea is India’s 3rd largest mobile operator. Idea ranks among the Top 10 country operators in the world with a traffic of over 1.5 billion minutes a day.

 Idea’s robust pan-India coverage is built on a network of over 100,000 2G and 3G cell sites, spread across over 55,000 towns in India.

Using the latest in technology, Idea provides world-class service delivery through the most extensive network of customer touch points, comprising of nearly 4,500 exclusive Idea outlets, and over 7,000 call center seats. Idea’s customer service delivery platform is ISO 9001:2008 certified, making it the only operator in the country to have this standard certification for all 22 service areas and the corporate office. 

Idea has consistently stayed ahead of the industry in VLR reporting. Idea’s thought leadership on Mobile Number Portability (MNP) has enabled it to stay as the top gainer with highest net gain. Every 4th mobile user who exercises choice through MNP, prefers Idea.
It is listed on the BSE with a BSE Code of 532822 and the NSE with an NSE Code of IDEA.
Idea Cellular is an Aditya Birla Group Company, India's first truly multinational corporation. Idea is a pan-India integrated GSM operator offering 2G and 3G services, and has its own NLD and ILD operations, and ISP license. With revenue in excess of $4 billion; revenue market share of nearly 15%; and subscriber base of over 121 million in FY 2013, Idea is India’s 3rd largest mobile operator. Idea ranks among the Top 10 country operators in the world with a traffic of over 1.5 billion minutes a day.


BSE code for idea is 532822 and the NSE Code for idea is IDEA.

Latest announcement:


Idea Cellular gained 2.5 percent intraday Friday as the company has hiked 3G and 2G data tariffs rates in Delhi and NCR. The pre-paid customers in Delhi and NCR will now have to cough out more for using data as the company has increased rates by over 18 percent with effect from June 3. The company has made changes in most of the recharges and vouchers for 2G and 3G services. According to industry sources, the company also planned to increase the data tariffs in five-six more circles in the coming days. Idea Cellular is at a good support considering there is change in polarity at the strand line on the weekly charts.  
 

Idea Cellular pre-paid customers in Delhi and NCR will now have to cough out more for using data as the company has increased rates by over 18 per cent with effect from June 3. The company has made changes in most of the recharges and vouchers for 2G and 3G services. According to industry sources, the company also plans to increase the data tariffs in five-six more circles in the coming days. When asked to comment on the matter, the company did not reply. According to information taken from customer care of Idea Cellular, the company has increased 3G data tariffs by over 18 percent and 2G tariffs by 11 percent. A customer care executive said the 1 GB pack of 3G with a validity of 28 days will now come for Rs 295 compared with Rs 249 earlier, while a 1 GB, 2G data pack for will now come for Rs 195 with 28 days validity as against Rs 175 earlier. The company has also reduced validity of various packs. For instance, customers will now get a validity of 7 days with a recharge of Rs 247 for 1 GB, while earlier it used to cost Rs 249 with 28 days validity. Idea is the first telecom operator, which has increased data tariffs after the March spectrum auctions.

Read more at: http://www.moneycontrol.com/news/business/idea-hikes-prepaid-data-tariffs-by-18delhi_1399757.html?utm_source=ref_article

 Idea Cellular pre-paid customers in Delhi and NCR will now have to cough out more for using data as the company has increased rates by over 18 per cent with effect from June 3. The company has made changes in most of the recharges and vouchers for 2G and 3G services. According to industry sources, the company also plans to increase the data tariffs in five-six more circles in the coming days. When asked to comment on the matter, the company did not reply. 
According to information taken from customer care of Idea Cellular, the company has increased 3G data tariffs by over 18 percent and 2G tariffs by 11 percent. A customer care executive said the 1 GB pack of 3G with a validity of 28 days will now come for Rs 295 compared with Rs 249 earlier, while a 1 GB, 2G data pack for will now come for Rs 195 with 28 days validity as against Rs 175 earlier. The company has also reduced validity of various packs. For instance, customers will now get a validity of 7 days with a recharge of Rs 247 for 1 GB, while earlier it used to cost Rs 249 with 28 days validity. Idea is the first telecom operator, which has increased data tariffs after the March spectrum auctions.

Expected movement for this Month:

 BUY:

Idea Cellular was last traded at Rs 178.25, up 2.5%.It is good telecom stock to invest our money.Last Friday Open was 174.90 ,high was 179.15 and Friday close was 178.25.we can buy Idea at current market price (178.25). We can buy this stock when IDEA Equity crosses 175 level. Strong support is there for this stock. so my first target is 180.20 and second target is 181.32 (You can exit at this level). Finally my exit target for this month Buy is 183. So please buy 1 lot of idea future at current level and exit at 183.

 For small investor please buy IDEA 180 call option at 4.Target is 6.

Lot size of idea future is 2000.

SELL:

According to last month high and low, we can short this stock when it crosses 171.60.
 So my first target is 306.93, second target is 167.03 and exit target for short is 164.88.we can short the IDEA stock future at 171.60 level. Please find the below table.

 

The Reserve Bank of India (RBI) Policy Announcement

The Reserve Bank of India (RBI) cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest.

The RBI's quarter point reduction in the repo rate to 7.25 per cent was predicted by 35 of 48 analysts polled by Reuters. Previous cuts, in January and March, had also been by 25 basis points.

Home, auto and corporate loans are likely to cost less after RBI on Tuesday cut interest rate by 0.25 per cent for the third time this year to spur investment and growth but hinted there may not be any more cuts in the near-term sending stock markets into a tizzy.

The governor asked banks to follow suit and pass on the rate cuts -- 0.75 per cent since January to individual and corporate borrowers.

Most bankers felt that with today's rate cut RBI has provided space for lowering lending and deposit rates. Public sector Allahabad Bank became the first to reduce the lending rate by 0.3 per cent.

RBI cut the repo rate (short-term lending rate) from 7.5 per cent to 7.25, but left all other policy tools like cash reserve requirement unchanged at 4 per cent and Statutory Liquidity Ratio (SLR) at 21.5 per cent.

Rajan lowered projections of the economic growth as measured by GVA (gross value added) to 7.6 per cent from 7.8 per cent estimated in April due to global factors and likely impact of below normal monsoon.

At the same time, inflation still remains a worry for the central bank as it expects price rise to remain subdued till August before rising to 6 per cent by January 2016.

The other concern for the RBI is raising crude oil prices. Since the last policy in April, the crude oil prices have witnessed an increase of 9 per cent. Soon after the policy announcement, the BSE Sensex plunged by over 400 points. The markets, however, later recovered slightly.

The reduction showed policymakers recognized the need to put the economy on a sounder footing, regardless of data released on Friday that showed India outpaced China by growing 7.5 per cent in the March quarter.

Many economists, inside and outside the government, suspect a new way used to calculate gross domestic product has overstated how fast India is rising.

With low domestic capacity utilization, still mixed indicators of recovery, and subdued investment and credit growth, there is a case for a cut in the policy rate today the RBI said in a statement.

Still, the RBI did not take any new steps to free up cash-strapped commercial banks liquidity, which bankers had said were needed for them to lower lending rates further and pass on the benefits of monetary easing to the broader economy. Instead, the central bank urged lenders to lower their lending rates.

The RBI also warned it would closely track inflationary trends, citing risks posed to food prices if monsoon rains are weaker than expected, or global crude prices recover, or the rupee weakens due to volatility in global markets.

And RBI said that a more appropriate stance is to front-load a rate cut today and then wait for data that clarify uncertainty. Meanwhile banks should pass through the sequence of rate cuts into lending rates.

RBI Governor Raghuram Rajan said that monetary policy would continue to be data contingent, warning that a below normal monsoon, global crude prices and external sector risks pose a threat to inflation. The central bank projects inflation at around 6 percent by January 2016.

Today's decision by the Reserve Bank of India (RBI) to cut the repo rate for the third time this year is unlikely to be the last in the current loosening cycle.

Rajan reiterated that the government should avoid putting the burden on the central bank to revive the economy, which he believes is in a "slow recovery".

Gross domestic product (GDP) data out last week showed India's economy expanding 7.5 percent in the January-March period from the year-ago period.

However, nagging concerns remain over the government's new way of calculating its growth data and how the robust growth figures belie broad economic weaknesses.

The 3rd bi-monthly policy statement will be announced on August 4, 2015.

Stock update: BHEL (Positional call) Profit update

On 12 th May we have posted  the BHEL stock update. And in that post we have advised to  Buy 1 lot of future when bhel equity crosses 236.05 level and wait till this month expiry. And target for this month is 250.

.On 19 th  May it reaches the buy level i.e it crosses 236.05 level.

And we have advised in that post that "It will be touch 250 levels very soon as It got many project from some state. Bhel has been consolidating for long between 225 – 235 levels. Now it can move up anytime. Buy for short term target of 250."

 

My Target got reached yesterday (250 level).Yesterday high was 252.80.

 

Please find below the link for that post

http://nseanalyst.blogspot.in/2015/05/stock-update-bhel-positional-call.html

Profit update:

Lot size for BHEL is 1000. 

250-236=14*1000

Profit is Rs 14000

Feel free to leave comment if you need any stock update.

TataMotors Quarter(Q4) Result Update:

TataMotors disappointed street on Tuesday with the fourth quarter profit plunging 56.2 percent year-on-year to Rs 1,716.5 crore, impacted by higher depreciation and marked-to-market un-matured hedges. "Consolidated profit before tax for the quarter decreased to Rs 2,771 crore from Rs 5,053 crore for the corresponding quarter last year due to higher depreciation and amortization and adverse mark to market of UN-matured hedges not eligible for hedge accounting, 

Tata Motors reported consolidated revenues (net of excise) of Rs.67,576 crores for the quarter ended March 31, 2015, a growth of 3.5% over Rs.65,317 crores for the corresponding quarter last year, due to increase in wholesale volumes and  richer product mix both in the standalone business and Jaguar Land Rover (JLR). The Consolidated Profit before tax for the quarter stood at Rs.2,771 crores, against Rs.5,053 crores for the corresponding quarter last year, decreased due to higher depreciation and amortization and adverse mark to market of un-matured  hedges not eligible for hedge accounting. The Consolidated Profit after tax for the quarter stood at Rs.1,717 crores, against Rs.3,918 cores for the corresponding quarter last year.


The consolidated revenue (net of excise) for the year ended March 31, 2015, was Rs.2,62,796 crores posting a growth of 12.9% over Rs.2,32,834 crores for the corresponding period last year. The Consolidated Profit before tax for the year ended March 31, 2015 stood at Rs.21,703 crores, against Rs.18,869 crores for the corresponding period last year. The Consolidated Profit after tax (post minority interest and profit / loss in respect of associate companies) for the year ended March 31, 2015 stood at Rs.13,986 crores, against Rs.13,991 crores for the corresponding period last year.
In Passenger vehicles, ZEST and the newly launched BOLT, continued to receive an encouraging response from the customers. These led to the passenger vehicles segment of the company showing a growth of 19.1%  in Q4 FY 2014-15 with car segment growth of 33.0% Y-o-Y in Q4 FY 2014-15. Company expects to continue its volume growth with full year of Zest and Bolt, recently launched new GenX Nano and other new and exciting products that will be launched in the coming time period under the Company's Horizonext strategy.

The sales (including exports) of commercial and passenger vehicles for the quarter ended March 31, 2015, stood at 1,39,053 units, up by 5.1%, as compared to the corresponding quarter last year. The revenues (net of excise) for the quarter ended March 31, 2015 stood at Rs.10,784 crores, an increase of 26.2%, as compared to Rs.8,545 crores for the corresponding quarter last year. EBITDA  for the quarter stood at Rs. 299 crores, with a margin of 2.8% against the negative EBITDA of Rs. 528 crores and negative margin of 6.2% for the corresponding quarter last year.  Loss before and after tax for the quarter ended March 31, 2015 was Rs.1,156 crores and Rs.1,164 crores, respectively, against Rs.1,417 crores and Rs.817 crores, respectively, for the corresponding quarter last year.

The revenues (net of excise) for the year ended March 31, 2015, stood at Rs.36,295 crores, as compared to Rs.34,288 crores in the corresponding period last year, an increase of 5.9%. Loss before and after tax for year ended March 31, 2015 was Rs.3,975 crores and Rs.4,739 crores, respectively, against the Loss before tax of Rs.1,026 crores and Profit after tax of Rs.335 crores, respectively, for the corresponding period last year.

Jaguar Land Rover wholesales and retails for the year ended March 31, 2015 were 470,523 units and 462,209 units respectively (129,205 units and 124,307 units respectively for Q4 FY 15).
Revenues for the quarter ended March 31, 2015 of GBP 5,826 million, up 8.9% over GBP 5,349 million in the corresponding quarter last year. Operating profit (EBITDA) for the quarter ended March 31, 2015, stood at GBP 1,016 million (with operating margin of 17.4%), representing a growth of 10.4% over GBP 920 million in the corresponding quarter last year. Profit before tax of GBP 396 million for the quarter ended March 31, 2015 was down 31.3% over the corresponding quarter last year (GBP 576 million in the corresponding quarter last year) due to higher depreciation and amortization and unfavourable revaluation of foreign currency debt and unrealised hedges that are not eligible for hedge accounting treatment. Profit after tax for the quarter ended March 31, 2015 stood at GBP 302 million .

Considering the continued weak operating environment in the standalone business, and in view of the losses for the year no dividend is permitted to be paid to the Members for FY 2014-15, as per the Companies (Declaration and Payment of Dividend) Rules, 2014.

Bharat Heavy Electricals (BHEL) Quarter(Q4) Result Update:

Bharat Heavy Electricals (BHEL), the country’s largest power equipment manufacturer, has posted a 52 per cent drop in net profit during the fourth quarter ended March on slowdown in project execution. The company reported net profit of Rs 888.35 core during the quarter against Rs 1,844 core in the corresponding quarter in the previous financial year. Bhel said fiscal fourth-quarter profit declined 52% because of lower sales and other income.Net profit fell to Rs.888.35 core in the quarter ended 31 March from Rs.1,844.59 core a year ago. Net sales fell 15.8% to Rs.12,368.43 core from a year earlier.BHEL has posted a net profit of Rs 888.4 core in January-March quarter, down 52 percent from Rs 1,844.6 core in year-ago period. Net sales, during the quarter, also slipped 16 percent to Rs 12,368.4 core compared to Rs 14,755 core year-on-year.

The major decline in profit came despite a 10.2 per cent cut in expenses to Rs 11,286 core during the quarter. The company managed to pull down  employee benefit expense by 31 per cent to Rs 915 core from 1,320 core in the corresponding quarter in the previous financial year.Total income of the company also dipped 17 per cent to Rs 12,702 core during the quarter compared with Rs 15,320 core in the corresponding quarter of the previous financial year.      

For the full-year ended March, BHEL’s net profit was down 59 per cent to Rs 1,419.29 core from Rs 3,460.78 core in the corresponding quarter in the previous financial year. Total sales also fell by 23 per cent to Rs 29,541 core this financial year from Rs 38,388 core in 2013-14.

One of surprising element is its employee costs which was down 30.7 percent at Rs 915 cr against Rs 1,320 core. The board has recommended final dividend at 31 percent (Rs 0.62 per share) on the paid up share capital of the company, for the year 2014-Segment-wise, the company’s power business revenue was at Rs 10,240 core in the fourth quarter, against Rs 12,211 core in the corresponding quarter. Industry unit revenue was at Rs 2,755 core compared to Rs 3,221 core.

The company also said its board has recommended final dividend at 31 percent (Rs 0.62 per share) on the paid up share capital of the company for the year 2014-15.    

Bharat Heavy Electricals Limited (BHEL) has brought a turnaround in the hydro power sector by commissioning 6 hydro sets aggregating to 736 MW, accounting for 100 per cent of the hydro power capacity addition in the country during fiscal 2014-15.

 Notably, this is also the highest hydro capacity addition in a single year by BHEL in the last decade. The feat was achieved by successfully commissioning projects of three major Central utilities - NTPC, NHPC and SJVNL. The projects commissioned by BHEL include 2 units (200 MW each) of Koldam Hydro Electric Project (HEP), with which NTPC has made its maiden entry in the hydro sector. In addition, a 130 MW unit of NHPC's Parbati III HEP and 3 units of SJVNL's Rampur (68.67 MW each) were commissioned. Significantly, the two units of NTPC's 4x200 MW Koldam HEP were commissioned on consecutive days. The surface power house comprises 4 Francis turbines of 200 MW rating each, operating under a head of 131.2 metres.

 BHEL has the distinction of executing all the four hydro projects being presently developed by NTPC. Apart from Koldam, the other three hydro projects of NTPC, being executed by BHEL, are Tapovan Vishnugad HEP (4x130 MW), Lata Tapovan HEP (3x57 MW) and Rammam Stage-III HEP (3x40 MW). With the commissioning of the fourth unit of the 4x130 MW Parbati III HEP of NHPC, the 520 MW project has now become fully operational. 

BHEL has a long standing association with NHPC beginning with setting up of NHPC’s first hydro generating plant at Baira Siul (3x60 MW) in 1981. BHEL's contribution to NHPC's total generating capacity now stands at 1,884 MW. In addition, BHEL has commissioned the last three units of 68.67 MW each of Rampur HEP of SJVN Limited.

State Bank of India (SBI) Quarter(Q4) Result Update:

SBI today reported 23 per cent jump in standalone net profit at Rs 3,742.02 crore in the fourth quarter ended March 2015 on improvement in its asset quality. State Bank of India 's March quarter earnings have beaten estimates with net profit rising 23.1 percent to Rs 3742 crore from Rs 3040.7 crore in corresponding quarter last quarter. Net interest income (NII), during the quarter rose 14 percent to Rs 14,712 crore compared to Rs 12,903 crore year-on-year (Y-o-Y).

The country's largest bank had made a net profit of Rs 3,040.74 crore during the same quarter a year ago.Total income of the bank also increased to Rs 48,616.41 crore in the last quarter of FY15, from Rs 42,443.27 crore in the same quarter a year ago, State Bank of India (SBI) said in a filing to the BSE.

Though  asset quality has seen big improvement it was aided by sale of loans to Asset Reconstruction Companies (ARCS). Sale of loans to ARCs increased to Rs 4510 crore against no amount in last quarter. Write offs was at Rs 4874 crore versus Rs 5096 crore while recoveries stood at Rs 4485 crore. Home loans increased from Rs 1,40,738 crore in March’14 to Rs 1,59,237 crore in March’15 (13.14 percent).

During January-March quarter of 2014-15, the bank's asset quality improved as net non-performing assets (NPAs) or bad loans were trimmed to 2.12 per cent of net advances as against 2.57 per cent at the end of previous fiscal.

At the same time, gross NPAs also came down to 4.25 per cent of gross advances, from 4.95 per cent at the end of March 2014.During the quarter, total provisioning and contingencies of the bank were high at Rs 6,592.91 crore from Rs 5,891.12 crore a year ago.

For the entire fiscal ended March 2015, SBI's net profit increased 20 per cent to Rs 13,101.57 crore as compared to Rs 10,891.17 crore for the year ended March 2014.Total income on a standalone basis increased to Rs 1,74,972.96 crore from Rs 1,54,903.72 crore for the year ended March 2014.

The bank has recommended a dividend of 350 per cent or Rs 3.50 per share for the year ended March 2015.

Stock analysis: TTK Prestige (TTKPRESTIG) Profit update

On 7 th March we have posted  the TTK Prestige (TTKPRESTIG)  stock update. And advised to buy this stock when it comes to 3250 level.On 27 th March Low was 3140. so my buy level has reached.

In that post we have strongly recommended to buy this stock at 3250 and first target is 3900 and final target is 4000. And it crossed my target level i,e 4000.

Today high is 4048.

Please find below the link for that post

http://nseanalyst.blogspot.de/2015/03/stock-analysis-ttk-prestige-ttkprestig.html

Further if you need any shares analysis in your mind or you are considering to trade them intraday or if you want to get invested in these shares for short term and long term, approach me. Whenever I get a time I would analyze them  and would provide entry and/or exit level in this blog itself.