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Equity Research Report: Religare Morning Digest

Sustainability seems difficult at higher level due to multiple hurdles & prevailing issues on domestic and global front. Hence, we reiterate our sell on rise advice till Nifty is upholding below 8350 mark.
11 May 2015 | 07:00 AM

Hindustan Unilever's (HUL) net profit rose 16.73% to Rs 1018.08 crore on 7.31% increase in total income to Rs 7774.04 crore in Q4 March 2015 over Q4 March 2014 and on yearly basis its net profit rose 11.58% to Rs 4315.26 crore on 9.72% increase in total income to Rs 31424.01 crore in the year ended March 2015 over the year ended March 2014.


Punjab National Bank net profit fell 61.98% to Rs 306.56 crore on 7.66% increase in total income to Rs 13455.65 crore in Q4 March 2015 over Q4 March 2014 and on yearly basis its net profit fell 8.41% to Rs 3061.58 crore on 9.22% increase in total income to Rs 52206.09 crore in the year ended March 2015 over the year ended March 2014.

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