Overnight Digest: Stocks to look out on February 13
Overnight Digest: Stocks to look out on February 13

Overnight Digest: Stocks to look out on February 13

DSIJ Intelligence Article rating: 5.0

The stocks that are likely to witness significant movement on the bourses on February 13 are Alembic Pharmaceuticals, Lupin, Tata Power, Natco Pharma, Indigo  and Rico Auto. 

Rico Auto announces acquisition and interim dividend
Rico Auto announces acquisition and interim dividend

Rico Auto announces acquisition and interim dividend

DSIJ Intelligence Article rating: 4.5

Rico Auto Industries Ltd. (RAIL) and its step-down subsidiary, Rasa Autocom Ltd. (RAL) are set to acquire the equity shares in the 50:50 joint venture (JV) company named Magna Powertrain GMBH. 

IPO Update: Neogen Chemicals receives SEBI approval for IPO
IPO Update: Neogen Chemicals receives SEBI approval for IPO

IPO Update: Neogen Chemicals receives SEBI approval for IPO

DSIJ Intelligence Article rating: 5.0

The speciality chemicals company Neogen Chemicals has received the capital market regulator's approval for floating its Initial Public Offering (IPO). The company is a leading manufacturers of bromine-based and lithium-based speciality chemicals.

Domestic air traffic surges
Domestic air traffic surges

Domestic air traffic surges

DSIJ Intelligence Article rating: 5.0
The global average growth in domestic traffic was 7 per cent, the same was recorded in 2017. India’s growth of 18.6 per cent was followed by China (11.7 per cent), Russia (9 per cent) and the US (5.1 per cent), said a report by the global aviation body IATA.
Q3FY19: JBM Auto PAT slips 15 per cent QoQ
Q3FY19: JBM Auto PAT slips 15 per cent QoQ

Q3FY19: JBM Auto PAT slips 15 per cent QoQ

Advait Dharmadhikari Article rating: 5.0

Automotive company JBM Auto’s PAT came in at Rs. 19.72 crore with an EPS of Rs. 4.42 per share as against Rs. 23.2 crore with an EPS of Rs. 5.12 per share for Q2FY19.

Q3FY19: Ashiana Housing PAT rises 67 per cent QoQ
Q3FY19: Ashiana Housing PAT rises 67 per cent QoQ

Q3FY19: Ashiana Housing PAT rises 67 per cent QoQ

Advait Dharmadhikari Article rating: 4.0

Ashiana Housing's consolidated net profit came in at Rs. 3.44 crore for the quarter ended December 2018 as against Rs. 2.06 crore QoQ. Following the results announcement on Monday, the stock was very volatile on Tuesday and in the afternoon was up nearly 3 per cent.

 

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

Shital Jibhe Article rating: 4.0

The markets on February 12, 2019 opened Flat. BSE Sensex is trading at 36,153.62, down by -241.41 points and the Nifty is trading at 10,831.40, down by -57.40 points. 

L&T arm bags mega deal from Sonatrach-Algeria
L&T arm bags mega deal from Sonatrach-Algeria

L&T arm bags mega deal from Sonatrach-Algeria

DSIJ Intelligence Article rating: 5.0

L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has won a mega order from Sonatrach-Algeria of approximately Rs. 7,000 crore.

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