HINDALCO INDUSTRIES LTD

CURRENT PRICE: 155.10

Net profit of Hindalco Industries rose 381.29% to Rs 294.07 crore in the quarter ended June 2016 as against Rs 61.10 crore during the previous quarter ended June 2015.

Sales declined 11.93% to Rs 7501.39 crore in the quarter ended June 2016 as against Rs 8517.29 crore during the previous quarter ended June 2015.

                    Jun 2016      Jun 2015   Var%

Sales	7501.39	8517.29	-12
OPM %	16.42	10.72	-
PBDT	751.15	400.44	88
PBT	412.94	69.72	492
NP	294.07	61.10	381

Also Hindalco Industries Ltd. generate free cash flow first time in last 10 year.

Despite 30% fall in metal price over 18 months, margin are higher.

Also the Government are thinking imposed a Minium Import Price (MIP) on Aluminium Product.

The Current situation is favourable for Hindalco.

DISCLAIMER

ALL INFORMATION GIVEN HERE IS BASED ON TECHNICAL ANALYSIS WHICH IS DYNAMIC IN NATURE AND RELEVANT ONLY AT A PARTICULAR POINT OF TIME. USERS ARE ADVISED TO PURSUE THESE RECOMMENDATIONS ONLY AT THEIR OWN RISK AND FIRST CONSULT THEIR PERSONAL INVESTMENT ADVISOR WHEN MAKING INVESTMENT DECISIONS. WE ARE NOT LIABLE AND WE TAKE NO RESPONSIBILITY FOR ANY LOSS THAT YOU INCURE BY TRADING/INVESTING ON OUR RECOMMENDATIONS. THESE CHARTS ARE POSTED FOR EDUCATIONAL PURPOSE ONLY.

JSW Steel Ltd.

Short Term Pics

Current Price: 1738

Net profit of JSW Steel rose 5133.60% to Rs 1109.00 crore in the quarter ended June 2016 as against Rs 21.19 crore during the previous quarter ended June 2015. 

Sales rose 2.36% to Rs 11542.38 crore in the quarter ended June 2016 as against Rs 11276.03 crore during the previous quarter ended June 2015.

Steel prices are below the MIP (Minimum Import Price) threshold.

Indian Steel Producers would continue to enjoy protection under MIP. The Government has extended the MIP for steel that it has imposed in february 2016 for six months by another two months to october 4, 2016.

JSW is only steel company which generate strong cash flow.

I think JSW steel benefited most.

DISCLAIMER

ALL INFORMATION GIVEN HERE IS BASED ON TECHNICAL ANALYSIS WHICH IS DYNAMIC IN NATURE AND RELEVANT ONLY AT A PARTICULAR POINT OF TIME. USERS ARE ADVISED TO PURSUE THESE RECOMMENDATIONS ONLY AT THEIR OWN RISK AND FIRST CONSULT THEIR PERSONAL INVESTMENT ADVISOR WHEN MAKING INVESTMENT DECISIONS. WE ARE NOT LIABLE AND WE TAKE NO RESPONSIBILITY FOR ANY LOSS THAT YOU INCURE BY TRADING/INVESTING ON OUR RECOMMENDATIONS. THESE CHARTS ARE POSTED FOR EDUCATIONAL PURPOSE ONLY.