best shares to buy

Best Shares to Buy Today : 9th August Wednesday

The S&P BSE Sensex is trading at 31,895 down 118 points, while Nifty is trading at 9,948 down 30 points. A total of 17 stocks registered a fresh 52-week high in trade today, while 68 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading down 0.57% at 15,324, while BSE Small-cap Index is trading down 0.41% at 15,839. Some buying activity is seen in Energy, IT and Metal while Finance, Telecom, Auto are showing weakness on BSE. Hindalco, IOC, Vedanta, NTPC, State Bank of India are among the gainers, whereas Aurobindo Pharma, Sun Pharma, Indiabulls Housing Finance and Tata Motors are losing sheen on NSE.

By keeping an eye on every movement of shares, your investment can be safely done. Here we are talking about such stocks which will remain in the news today and on whom the market will look.

JSPL – In the first quarter of fiscal year 2018, JSPL has lost a loss of Rs 420.5 crore. In the first quarter of fiscal year 2017, JSPL suffered a loss of Rs 1238.1 crore. In the first quarter of fiscal year 2018, JSPL’s earnings increased by 19.6 per cent to Rs 6,126.6 crore. JSPL’s income was Rs 5124.7 crores in the first quarter of fiscal year 2017. In the April-June quarter on a year-on-year basis, JSPL’s Abitata has increased from Rs 1015 crores to Rs 1352.7 crores. In the April-June quarter, JSPL’s Ebidata margin has increased from 21.7% to 23.9% on an annual basis.

Sun pharma – In the April-June quarter on the year-on-year basis, Sun Pharma’s subsidiary Israeli subsidiary Taro’s profits dropped 50 percent to $ 5.45 million from $ 10.99 million. In the April-June quarter on a year-on-year basis, TARO’s sales fell 31 percent to $ 16.13 million from $ 23.38 million. In the April-June quarter on a year-on-year, operating income of TARRO has decreased 45 percent from $ 14.26 million to $ 7.76 million. In the April-June quarter on a year-on-year, operating margin of TAR has decreased from 61 per cent to 48.1 per cent.

Tata Chemicals – In the first quarter of fiscal year 2018, Tata Chemicals’ profits have decreased 13.6 per cent to Rs 178 crore. In the first quarter of fiscal year 2017, Tata Chemicals had a profit of Rs 206 crores. In the first quarter of fiscal year 2018, the income of Tata Chemicals increased by 20.1 percent to Rs 2667 crore. In the first quarter of fiscal year 2017, the income of Tata Chemicals was Rs. 3340 crores.

Hitachi – In the first quarter of fiscal year 2018, Hitachi’s profit has declined 11 per cent to Rs 62 crore. In the first quarter of fiscal year 2017 Hitachi’s profit was Rs 69 crores. In the first quarter of fiscal year 2018, Hitachi’s earnings increased 4 percent to Rs 935 crore. In the first quarter of fiscal year 2017, Hitachi’s income was Rs 896 crore. In the April-June quarter on a year-on-year basis, Hitachi’s Avitada has come down from Rs 117 crore to Rs 104 crore. In the April-June quarter on the year-on-year, Hitachi’s Ebidata margin decreased from 14.3 per cent to 12 per cent.

Ramkrishna Forging / Quas Corp – RBI has extended the limit of FPI investment in Ramkrishna Forging and Quas Corp.