WINTERTemplateWhy banks, IT

and media stocks… 

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focus today…

India Cements  derives Investments net bought 20.70 lakhs shares at Rs 86.60/shares. Derive Investments is

RK Damani’s investment comapny.EV/tn is sub 60 USD/tn utilisation is still sub 60% in Q4FY15.

Government launches flagship development schemes. Devlopments schemes aimed at developing cities &

towns as new engines for growth.It Will entail an investment of USD 50 billion over the next five years. Effort is likely to be a key driver of cement demand in

the medium term. KPIT Tech  sends a pre-quarter announcement to exchange. Company expects a

marginal decline in rev & profit In quarter 1 quarter on quarter. Company steps to improve profitability will be seen quarter 3 onwards. Impacted by seasonal decline

in pdts & platforms.

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 banks, ITand media stock

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04 Accenture Plc raised its full-year revenue forecast for the third

time, reflecting continued strong demand for the company’s consulting and outsourcing services.

The company also reported third-quarter profit and revenue above analysts’ estimates, helped by growth in its North America business, sending its shares 2.3 percent higher to USD 99.99 in premarket trading. Accenture raised its full-year revenue growth forecast to 9-10 percent on a local currency basis. In March, the company said it had expected revenue to grow 8-10 percent in the year ending August.

Accenture raised its revenue growth forecast to 5-8 percent in December from 4-7 percent. The company’s net revenue increased to USD 7.77 billion from USD 7.74 billion in the third quarter ended May 31, beating analysts’ average expectation of USD 7.45 billion. Revenue in the outsourcing business rose 10 percent in local currency, while consulting business revenue rose 11 percent.

Financial Stability Report: GNPAs increased

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You can find many more details in a website

www.mcrworld.com

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