Investing prospects of Hindustan Lever and Hindalco Industries NSE stocks

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It has been several months now that the Indian stock market is not yet stable. Volatility still rules the roost with an uptrend for a day or two, sometimes continuing long for a week and then downtrend taking its place, thus maintaining the balance! Investment opportunities in the Indian market are no wonder lucrative; it depends on the investors’ knowledge about the market and how wise buying and selling decisions are taken.

 
So, looking forward towards investing in Hindustan Lever and Hindalco Industries NSE stocks? Investing for the long term in these blue chip stocks may prove lucrative, but the waiting process is long. It can be a year or two or more depending on your preferences. Most investors diversify their investments putting in money in intra-day trading and other financial products. A wise buying and selling for the short term can happen if the up-to-the-minute changing trends are considered – the day’s low and high price, closing price, opening price, volumes of shares traded, difference between bid and offer price, company overview and performance, price change dynamics during the last 52 weeks, and related paraphernalia. Visit the market section of your preferred news portal to view the charts of Hindustan Lever and Hindalco Industries NSE stocks.
 
It may happen that though a company registers good profit in its quarterly results, its shares may not always see a rise soon after the declaration. Hindustan Lever well justifies the statement; though its Q3 profit was up by 15.5 percent, its shares fell soon after. But that is a temporary phenomenon. If you consider the difference in price change during the last 52 weeks, you will find almost all companies listed in the bourses exhibiting similar results. Going by the last 52-week price change trends, Hindustan Lever price exhibited its lowest at Rs. 387.75 and highest at Rs. 580.45.
 
When we speak about latest Hindalco quarterly results for the 3rd quarter ended December 2012, the company failed to meet street expectations. While net sales was up 3 percent to Rs 6,789.90 crore, standalone net profit declined by 4 percent at Rs 433.52 crore. The decline of profit was chiefly due to steep increase in finance costs and subdued sales. Considering the 52 week price change trend of Hindalco Industries NSE stocks, its price was perched lowest at Rs. 90.60 and highest at Rs. 143.35
 
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Riya Dutt has 26 articles online and 1 fans

 

Riya Dutt is an Economics analyst and writes reviews on the India Stock Market. The above article is about Hindalco Indsutries NSE and Hindustan Lever.                                  
 
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Investing prospects of Hindustan Lever and Hindalco Industries NSE stocks

This article was published on 2013/03/25