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Equity Research Report: Religare Morning Digest

We reiterate our positive view on markets and believe that this consolidation would end with an upside breakout in the coming sessions.
17 Nov 2014 | 07:00 AM

Corporate News: 

State Bank of India (SBI)'s net profit rose 30.54% to Rs 3100.41 crore on 12.46% increase in total income to Rs 41833.36 crore in Q2 September 2014 over Q2 September 2013.

Voltas reported 19.04% rise in consolidated net profit to Rs 50 crore on 10.02% fall in consolidated sales to Rs 969 crore in Q2 September 2014 over Q2 September 2013.

BHEL reported 72.61% fall in net profit to Rs 124.84 crore on 33.13% fall in total income to Rs 6340.14 crore in Q2 September 2014 over Q2 September 2013.

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