Should you bet on arbitrage funds? Should you bet on arbitrage funds? DSIJ Intelligence / Tuesday, July 7, 2020 / Article rating: 3.9 Arbitrage funds tend to work better in volatile times. They are safe as compared to equity funds. So, should you bet on them? Let’s find out.
India Rating expects corporate stress to increase to 18.21 per cent of outstanding debt India Rating expects corporate stress to increase to 18.21 per cent of outstanding debt Amir Shaikh / Tuesday, July 7, 2020 / Article rating: 5.0 India Ratings and Research (Ind-Ra) on Monday released a report in which it expects the top 500 debt-heavy private sector borrowers turning delinquent due to COVID-19, would add nearly Rs 1.67 lakh crore additional debts during FY21-22E
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Tuesday, July 7, 2020 / Article rating: 3.5 The market opened in the green on July 7, 2020.
Apollo Tyres to cut capex by Rs 400 crore to preserve cash flow Apollo Tyres to cut capex by Rs 400 crore to preserve cash flow DSIJ Intelligence / Tuesday, July 7, 2020 / Article rating: 5.0 During a con-call with its investors, Gurugram-based Apollo Tyres stated its decision to cut down capital expenditure by Rs 400 crore and its fixed costs by about 20 per cent in the current fiscal year amidst the challenging business environment due to the ongoing COVID-19 pandemic.
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Tuesday, July 7, 2020 / Article rating: 3.3 The market opened in the green on July 7, 2020, overall volumes in futures & options currently stand at 1,65,41,031 crore contracts with a turnover of Rs. 10,30,180.30 crore.
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Tuesday, July 7, 2020 / Article rating: 3.5 The market opened in the green on July 7, 2020, overall volumes in futures & options currently stand at 1,65,41,031 crore contracts with a turnover of Rs. 10,30,180.30 crore.
PNC Infratech spikes 63 per cent in three months PNC Infratech spikes 63 per cent in three months Nidhi Jani / Tuesday, July 7, 2020 / Article rating: 4.8 The shares of PNC Infratech have delivered a significant return of around 63 per cent on BSE in the last three months. The company’s order book as on March 31, 2020 stood at Rs 8,629 crore.
PVR sets Rs 784 as rights issue price PVR sets Rs 784 as rights issue price Nidhi Jani / Tuesday, July 7, 2020 / Article rating: 4.2 Taking measures to enhance the company's liquidity, the board of directors has authorised a rights issue of Rs 300 crore. The company has set the price for the rights issue at Rs 784 per share (almost at 25 per cent discount from its previous close of Rs 1,043.40), which includes a premium of Rs 774 per share, over the face value of Rs 10 per share.
Index trend and stocks in action on July 07, 2020 Index trend and stocks in action on July 07, 2020 DSIJ Intelligence-3 / Tuesday, July 7, 2020 / Article rating: 3.8 For the day, the gap area of July 6 (10,631-10,695) is likely to act as strong support and on the upside, 10,820-10,880 is likely to act as a resistance. Stocks in news: Greaves Cotton, Bharti Airtel, MFSL, Mannapuram Finance.
Bulls likely to take a halt Bulls likely to take a halt DSIJ Intelligence-3 / Tuesday, July 7, 2020 / Article rating: 5.0 Bull run that continued for the last four trading session could take a break as Indian markets are likely to open on a flat to negative note. This was indicated by the early trend on the SGX Nifty.