SGX Nifty hints at bright start for markets SGX Nifty hints at bright start for markets DSIJ Intelligence-3 / Thursday, August 13, 2020 / Article rating: 4.6 Indian markets are likely to open with a positive bias on Thursday aided by strong close on Wall Street overnight. At 7:50 am, SGX Nifty was up by 6.50 points trading at 11,317.50 levels. The zone of 11,340-11,380 is a stiff resistance for the bulls and as long as the index stays below this level do not expect a runaway rise.
Index trend and stocks in action on August 13, 2020 Index trend and stocks in action on August 13, 2020 DSIJ Intelligence-3 / Thursday, August 13, 2020 / Article rating: 4.8 The 20-DMA is likely to act as an important support in the near term, and on the upside, the bulls need to pierce the zone of 11,340-11,380 to extend its upmove. Stocks in news: Affle, Genus Power Infrastructures, Adani Power, Wipro.
Q1FY21 results: Aurobindo Pharma net profit increases by 22.81 per cent YoY Q1FY21 results: Aurobindo Pharma net profit increases by 22.81 per cent YoY DSIJ Intelligence / Wednesday, August 12, 2020 / Article rating: 5.0 The consolidated net sales reported in Q1FY21 came in at Rs 5,924.78 crore, which increased by 8.82 per cent YoY from Rs 5,444.6 crore in Q1FY20.
Q1FY21 results: eClerx Services net profit jumps 30.05 per cent YoY Q1FY21 results: eClerx Services net profit jumps 30.05 per cent YoY DSIJ Intelligence / Wednesday, August 12, 2020 / Article rating: 4.5 The consolidated net sales reported in Q1FY21 came in at Rs 336.55 crore, which declined by 5.12 per cent YoY from Rs 354.72 crore in Q1FY20.
CARE Ratings sign MoU with Tresata Inc CARE Ratings sign MoU with Tresata Inc DSIJ Intelligence / Wednesday, August 12, 2020 / Article rating: 4.4 CARE Ratings announced on Wednesday that it has signed a memorandum of understanding (MoU) with Tresata, a global leader in artificial intelligence (AI) & predictive analytics software in a bid to launch predictive intelligence business solutions in India.
Sensex, Nifty close in red; JMC Projects zooms by more than 6 per cent, Aarti Drugs tumbles by almost 5 per cent Sensex, Nifty close in red; JMC Projects zooms by more than 6 per cent, Aarti Drugs tumbles by almost 5 per cent DSIJ Intelligence / Wednesday, August 12, 2020 / Article rating: 5.0 The domestic benchmark indices closed flat with a negative bias on Wednesday as Sensex declined by mere 37.38 points or 0.10 per cent to settle at 38369.63.
Premium buyback & good business forecast helps MPS Ltd hit upper circuit Premium buyback & good business forecast helps MPS Ltd hit upper circuit Pratik Shastri / Wednesday, August 12, 2020 / Article rating: 3.5 The sales growth for these two businesses for the first quarter also reflected the same. It reported 10 per cent growth in the content solution business for the quarter.
Top performing value funds Top performing value funds DSIJ Intelligence / Wednesday, August 12, 2020 / Article rating: 4.1 The value theme was laggard for quite some time. However, it is likely to pick up any time around. Here is a list of the top-performing value funds.
Metropolis Healthcare reports revenue of Rs 143 crore in Q1FY21 Metropolis Healthcare reports revenue of Rs 143 crore in Q1FY21 Amir Shaikh / Wednesday, August 12, 2020 / Article rating: 5.0 One of the leading diagnostics company, Metropolis Healthcare, reported its first-quarter result of FY21 on Tuesday. Owing to the nationwide lockdown, its consolidated net sales in Q1FY21 dipped nearly 30 per cent YoY to Rs 143 crore
Is Axis Mutual Fund losing its sheen? Is Axis Mutual Fund losing its sheen? DSIJ Intelligence / Wednesday, August 12, 2020 / Article rating: 3.3 Equity funds from Axis mutual fund have remained the favourite of investors, however, in the last few months funds from this AMC are lagging in performance.