Index trend and stocks in action July 15, 2019
Index trend and stocks in action July 15, 2019

Index trend and stocks in action July 15, 2019

DSIJ Intelligence-3 Article rating: 5.0

The zone of 11,600-11,650 is acting as a strong hurdle for the index as per the concept of change in polarity. Going ahead, only a sustainable move above this area could trigger a possibility of the upmove. Till then, Nifty is expected to oscillate in the 11,426-11,650 range for a few more days before taking a direction. Stocks in news: Tata Steel, Indusind Bank, BHEL, FEL, Allahabad Bank, Adani Ports.

Market Close: Weekly Wrap-Up
Market Close: Weekly Wrap-Up

Market Close: Weekly Wrap-Up

DSIJ Intelligence Article rating: 5.0

Merely three indices closed in the green this week, namely: Healthcare, Pharma and Media, while all the others concluded the week on a crimson note.

PGCIL rises for the third consecutive session
PGCIL rises for the third consecutive session

PGCIL rises for the third consecutive session

DSIJ Intelligence Article rating: 3.1

The shares of Power Grid Corporation of India Ltd. (PGCIL) were up 1.1 per cent in Friday’s trading session at Rs. 207.55. This marks a gain for the third consecutive session.

Q1FY20 Results: Infosys increases revenue guidance
Q1FY20 Results: Infosys increases revenue guidance

Q1FY20 Results: Infosys increases revenue guidance

Amir Shaikh Article rating: 4.0

India’s second largest IT exporter, Infosys reported its first quarter result of FY20. The companyès revenue for Q1FY20 grew nearly 14 per cent YoY to Rs. 21,803 crore.

Triveni Engg issues Letter of Offer for Rs. 100 cr buyback
Triveni Engg issues Letter of Offer for Rs. 100 cr buyback

Triveni Engg issues Letter of Offer for Rs. 100 cr buyback

DSIJ Intelligence Article rating: 5.0

The stock of Triveni Engineering was buzzing on Friday as the company issued the Letter of Offer for its buyback scheme. The offer represents 3.88 per cent of the company’s total paid up equity share capital as at March 31, 2019.

Reliance Infra, Reliance Power buy time to resolve debt issues
Reliance Infra, Reliance Power buy time to resolve debt issues

Reliance Infra, Reliance Power buy time to resolve debt issues

DSIJ Intelligence Article rating: 4.4

Reliance Infrastructure Limited and Reliance Power Limited are now in a position to take a breather from their debt issues as their lenders have granted them additional time to resolve their debt-related concerns.

ITC to collaborate with start-ups to launch new products
ITC to collaborate with start-ups to launch new products

ITC to collaborate with start-ups to launch new products

DSIJ Intelligence Article rating: 4.3

ITC is actively seeking opportunities with companies emerging as start-ups with the intention of capitalising on their innovative capabilities. As such, the company is determined to acquire companies operating in the FMCG space to bolster growth. It is also making investments in start-ups with the intention of developing new cutting edge products.

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