Market Update

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Daily Market Update and Business case study
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Germany's luxury car company BMW today introduced the Limited Edition of the Mini John Cooper Works Hatch in India, with a showroom price of Rs 46.9 lakhs; Maruti Suzuki Limited, the country's largest car manufacturer company, has announced the recall of 40,453 Units of Eeco; SRF Limited, the maker of Packaging Film and Chemical, has been a tremendous profit in the September Quarter; According to pharmaceutical company, Lupin, its cumulative net profit stood at Rs 211.02 crore during the Quarter ended September 30 due to increased sales in the American market; Integrated net profit of Happiest Minds Technologies Limited, a listed information technology company, rose 27.8% to Rs 34.08 crore in the July-September quarter of the current financial year; According to Tata Power, Crisil has upgraded the rating of its non convertible debentures and long term bank facility; RBI has imposed a fine of Rs 15 lakh on two banks of the co-operative sector for not following instructions; Integrated Net Profit of Pidilite Industries increased 9.66% to Rs 356.44 crore in the second quarter ended on 30 September. Stockal provides assistance to retail investors in India, Middle East and South East Asia to ‘globalize’ their savings and wealth by investing money in mature international markets such as the U.S. Stockal aims at simplifying investments for you by monitoring your portfolio better, keeping track of its health, making knowledgeable investing decisions, discovering interesting stocks & investing themes every day so that you don't have to scour through reams of data or depend on unreliable guesswork.