Gillette India Q2 results

Gillett,reults today,e India : NET Profit rose at 41.04% worth 51.99 Crores

Gillete reported rise in earning and gained  worth 51.99 Crore for the quarter that ended on 31st December 2015.While the net Sales was around Rs 508.28 Cr.

Revenue from its flagship grooming segment grew by 8.88 per cent to Rs 371.13 crore compared with Rs 340.84 crore last fiscal, while its oral care segment sales declined by 15.63 per cent to Rs 108.5 crore as against Rs 128.61 crore reported in the corresponding period in the previous year.

Daily Analysis of Stocks - 23rd December 2011

AXIS BANK -

R2   -   903.47 

R1   -   890.73

PP   -   865.57

S1   -   852.83

S2   -   827.67
The stock remained range bound during the trading hours and ended up on a positive note. It is now facing a resistance at 896 and has support at 852. One should wait for sometime in stock till it consolidates for a while as it may remain volatile in this range.

Resistance - 896      Support - 852

BAJAJ AUTO -

R2   -   1643.3 

R1   -   1628.75 

PP   -   1605.45

S1   -   1590.9

S2   -   1567.6
The stock has shown either side movement during the trading hours and ended up on a negative note. It is now facing a resistance at 1630 and support has support at 1583. The stock has been consolidating with negative biasness from past few trading sessions. Breaching of the support level may take stock further down.

Resistance - 1630        Support - 1583

GRASIM INDUSTRIES -

R2   -   2457.33 

R1   -   2434.67 

PP   -   2397.33

S1   -   2374.67

S2   -   2337.33
Today the stock has managed to cross the strong resistance of 2410 and traded with a moderate gain throughout the session. It is still following the major sideways trend having support at the level of 2380. Above the next resistance level of 2440 it is likely to trade with the bullish trend else it may consolidate with the sideways movement.

Resistance - 2440         Support - 2380