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DSIJ News

European markets remain positive

European markets remain positive

01/09/2017 1:04 PM | Friday | By DSIJ Team

With investors feeling charged up for more data releases and optimistic about the movement of the markets, the European stock markets opened on a higher note during the early hours of trade on Friday.

BEML gains after Merrill Lynch Markets Singapore buys stake

BEML gains after Merrill Lynch Markets Singapore buys stake

01/09/2017 1:00 PM | Friday | By DSIJ Team

A manufacturer of rail coaches, spare parts and mining equipment, BEML’s stock gained 4.56% at Rs 1,842.65 per share on the BSE during Friday’s intra-day trade after Merrill Lynch Markets Singapore bought its shares on Thursday.

BSE Realty index gains momentum on Friday

BSE Realty index gains momentum on Friday

01/09/2017 12:56 PM | Friday | By DSIJ Team

The S&P BSE Realty index was trading in the green during Friday’s trading session. It was trading higher by 2.58% at the 2,192 level on the BSE at 1207 hours.

Escorts agri-machinery sales volume increases by 23% in August

Escorts agri-machinery sales volume increases by 23% in August

01/09/2017 12:50 PM | Friday | By DSIJ Team

As per data released by the company, Escorts’ Agri-Machinery Segment (EAM) sold 4,587 tractors in August 2017, registering a growth of 23%, as against 3,722 tractors in August 2016.

Zydus Cadila gets USFDA nod to make drug for treating dementia

Zydus Cadila gets USFDA nod to make drug for treating dementia

01/09/2017 12:45 PM | Friday | By DSIJ Team

Donepezil Hydrochloride Tablet, in the strength of 23 mg, used to treat dementia related to Alzheimer’s, will be marketed by Zydus Cadila in the wake of receiving the final approval from the USFDA.

CCL Products to set up new unit in Andhra Pradesh

CCL Products to set up new unit in Andhra Pradesh

01/09/2017 12:36 PM | Friday | By DSIJ Team

CCL Products, engaged in the manufacturing of instant coffee, has received an approval from the Development Commissioner of Visakhapatnam Special Economic Zone for setting up of freeze dried instant coffee manufacturing unit in Andhra Pradesh. 

Jaiprakash Associates to sell entire stake in Bhilai Jaypee Cement

Jaiprakash Associates to sell entire stake in Bhilai Jaypee Cement

01/09/2017 12:29 PM | Friday | By DSIJ Team

In the wake of the company announcing the proposed sale of its entire 71% stake in Bhilai Jaypee Cement, the stock of Jaiprakash Associates gained 2.72% at Rs 24.55 per share on the BSE at 1118 hours.

Ashok Leyland registers 25% increase in sales in August

Ashok Leyland registers 25% increase in sales in August

01/09/2017 12:22 PM | Friday | By DSIJ Team

As per a recent update, the total sales by Ashok Leyland registered a growth of 25% on YoY basis. It sold 13,634 units in August 2017 as compared to 10,897 units during the corresponding period last year. 

Shankara Bulding Products sets up new processing facility at Secunderabad

Shankara Bulding Products sets up new processing facility at Secunderabad

01/09/2017 12:00 PM | Friday | By DSIJ Team

Shankara Building Products is started a new processing facility in Secunderabad, Telangana to capitalise on the growing requirements of the region through a network of state retail outlets, its shares jumped by over 3% intraday during Thursday’s trading session.

Sadbhav Engineering declared lowest bidder for projects worth Rs 900 crores

Sadbhav Engineering declared lowest bidder for projects worth Rs 900 crores

01/09/2017 11:54 AM | Friday | By DSIJ Team

In the wake of the company announcing that it was declared as the lowest bidder for a Rs 900-crore project in Gujarat, the shares of Sadbhav Engineering soared by over 3% intraday during Thursday’s trading session.

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DSIJ Mindshare

SC stays NCLT order against Unitech management

SC stays NCLT order against Unitech management

Supreme Court of India has stayed NCLT's order allowing the government to take over the board of realty major Unitech. The apex court has objected to the NCLT decision because the later did not consult SC before passing the order.

 

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 1.00 p.m. on December 13.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 13 opened gap down. BSE Sensex is trading at 33,347.27, up by 119.28 points and the Nifty is trading at 10,280.10, up by 39.95 points.

Kalpataru Power escalates post order wins

Kalpataru Power escalates post order wins

Kalpataru Power Transmission was buzzing on the bourses on Wednesday as the company won orders worth Rs. 875 crore.

Grasim gains rights to manage VFY business of Century Textiles

Grasim gains rights to manage VFY business of Century Textiles

The viscose filament yarn (VFY) business of Century Textiles is a revenue-generating business for which Grasim will pay a commuted royalty of Rs. 600 crore.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 50.89 lakh contracts with a turnover of Rs.4,53,633 crore.

Five stocks with buying interest

Five stocks with buying interest

Overall volumes in futures & options currently stand at 50.89 lakh contracts with a turnover of Rs.4,53,633 crore.

Index trend and stocks in action December 13, 2017

Index trend and stocks in action December 13, 2017

Going ahead, the gap area (10,183-10,195) formed as on December 8, 2017, may act as a support in the coming trading session. However, a decisive breach of this support level may result in extended correction up to the level of 10,120. On the upside, the levels of 10,265-10,275 may act as immediate resistance zone, followed by 10,330.  

Markets likely to open flat on mixed global cues

Markets likely to open flat on mixed global cues

Today, the start for the Indian markets is likely to be flat on mixed global cues. The SGX Nifty is trading almost with a loss of 7 points at 10,249.50, indicating a flat start at the opening bell.  

Overnight Digest: Stocks to look out for on December 13

Overnight Digest: Stocks to look out for on December 13

The stocks that are likely to witness significant movement on the bourses on Wednesday, December 13 are Yes Bank Limited, Kridhan Infra Limited, Havells India Limited, Bharti Airtel Limited and Dr. Lal Path Labs Ltd.