1. Corporate Newsletter
17th January 2014
SWASTIKA INTELLIGENCE GROUP
MARKET SNAPSHOT
INDIAN MARKETS
INDICES
SENSEX
NIFTY-50
Current Val.
21063.62
6261.65
Points
-201.56
-57.25
% Change
-0.95
-0.91
High
21270.11
6237.10
Low
21015.61
6246.35
Prev. Close
21265.18
6318.90
Sector
NSE SECTORAL INDICES
Current Value % Change
ENERGY
PHARMA
AUTO
FMCG
MEDIA
INFRA
METAL
BANK NIFTY
FINANCE
SERVICE
IT
REALTY
7822.50
7816.10
5197.85
16923.85
1759.90
2315.90
2404.75
10911.35
4612.95
7688.25
9884.35
169.70
-0.01
-0.01
-0.05
-0.11
-0.57
-0.65
-0.70
-1.63
-1.69
-1.82
-2.40
-2.58
EUROPEAN MARKETS UPDATE AT 4:30 PM
INDICES
Last Closed
Change
FTSE
6837.56
+22.14
CAC
4337.26
+17.99
DAX
9774.44
+56.73
Nifty Top Gainers
Symbol
LTP
% Change
340.00
420.45
1934.05
559.50
900.00
BPCL
CIPLA
BAJAJ-AUTO
HINDUNILVR
M&M
Prev. Close
330.35
412.65
1907.75
552.10
892.65
2.92
1.89
1.38
1.34
0.82
Nifty Top Losers
Symbol
LTP
TCS
DLF
PNB
WIPRO
ICICIBANK
Prev. Close
% Change
2350.30
162.10
616.95
571.55
1058.90
5.55
4.26
3.31
2.60
2.30
2219.85
155.20
596.55
556.70
1034.50
CURRENCY UPDATE (RBI Reference Rate)
ADVANCES DECLINES UNCHANGED
NSE
210
777
42
/$
/£
/€
/100 ¥
17th Jan
61.3518
100.2120
83.5223
58.7800
16th Jan
61.5325
100.7349
83.8395
58.7700
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai

2. Corporate Newsletter
17th January 2014
SWASTIKA INTELLIGENCE GROUP
NEWS UPDATES
SAIL will invest over Rs 7,000 crore for the value addition and product mix improvement under its modernization
and expansion plan of Rs 70,000 crore. After the expansion and modernization, the proportion of branded
products in SAIL’s portfolio will go up to around 25% from current 15%.
The Coal ministry has served an ultimatum to developers of six captive coal blocks in Odisha, allowing them
three weeks to obtain necessary approvals and present documents supporting the progress that has been made in
developing the blocks. Notices have been issued to Radhikapur (east), Utkal B1, Utkal B2, Utkal C, Rampia and dip
side of Rampia and Mandakini coal blocks. At stake are the projects of big corporate players like Jindal Steel &
Power Ltd (JSPL), Reliance Energy, GMR Energy, Lanco Power and Indian Metals & Ferro Alloys Ltd (IMFA).
These are among the 61 coal blocks to have got the notices from the ministry.
HDFC Bank’s net profit for the quarter ended December 31, 2013 increased by 25.1% from a year earlier to Rs
2,325.7 crore. Net interest income, grew by 16.4% from a year ago to Rs 4,634.8 crore during the three-month
period. Net interest margin fell 10 basis points from a year earlier to 4.2% in October-December period. Other
income was up 11.4%, on a year-on-year, basis during the third quarter. HDFC Bank closed the quarter with a
capital adequacy ratio of 14.7% as per Basel III rules.
Federal Bank’s net profit for the quarter ended December 31, 2013 increased by 9.2% from a year earlier to Rs
230.1 crore as it made lower provisions on the back of improved asset quality. Net non-performing asset ratio also
declined – 12 basis points sequentially and 6 basis points from a year earlier – to 0.86% during the three-month
period. This allowed the bank to pare its total provisions by 31% from a year earlier.Net interest income, grew by
9.7% from a year ago to Rs 545.6 crore in the third quarter. Net interest margin declined 23 basis points, on a
year-on-year basis, to 3.24% in October-December period. The bank closed the quarter with a capital adequacy
ratio of 14.80% as per Basel III rules.
Report Prepared by
Sonakshi Bahety
Designation
Research Associate
E-mail ID
sonakshi.bahety@swastika.co.in
RESEARCH TEAM
Santosh Sahu
Santosh Meena
Amit Khare
Vishnu Shreekar
Saloni Gupta
SWASTIKA INTELLIGENCE GROUP
Research Head
Derivative & Technical Analyst
Commodity Analyst
Commodity Analyst
Research Associate
research@swastika.co.in
santosh.sahu@swastika.co.in
santosh.meena@swastika.co.in
amit.khare@swastika.co.in
vishnu.shreekar@swastika.co.in
salony.gupta@swastika.co.in
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Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai