Top 50 companies have paid nearly 15% more advance tax in Q4 FY2013 compared to last year (Q4 FY2012) which is a definite positive from long term valuations.

Some of the major companies like RIL, Hindalco, L&T and SBI paid lower advance tax and may see dull performance on their specific stock prices.

With rate cuts poised to come in the next 12 months, its not looking so bad and things may get brighter through the rest of the year.

CompanyQ43FY13 (Rs Cr.)Q4FY12 (Rs Cr.)% Change
PFC48532549.23
NMDC750850-11.76
Bank of Baroda350400-12.50
Central Bank of India15010050
Bank of India75040087.50
RIL10341130-8.50
LIC108097111.23
ICICI Bank55042529.41
TCS60054510.09
Yes Bank16511050
HDFC Bank70060016.67
Standard Charted Bank4754359.20
Bajaj Auto3002932.39
M&M20517815.17
ACC27714952.35
Siemens15105-85.71
Indusind Bank1059016.67
Dena Bank15011036.36
Hindalco95145-34.48
Grasim90900
L&T80290-72.41
NABARD620100520
M&M Finance1157553.33
Deutsche Bank271300-9.67
NPCL16611346.90
Kotak Mahindra Bank16012231.15
JP Morgan1519755.67
EXIM Bank13111416.67
GIC1100-
Bank of America1037341.10
Bennett & Coleman6070-14.29
DBS5094-46.81
Citi Bank5255005
HSBC40245010.67
Ambuja Cement28025012
NTPC1156--
REC417--
SBI14501650-12.12
Allahabad Bank170--
UCO Bank110--
HDFC475--
ITC675--
GSPL127 --
Andhra Bank300--