Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Thursday, September 3, 2020 0 1428 Article rating: 3.3 The market opened in green on September 3, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Thursday, September 3, 2020 0 1518 Article rating: 3.7 The market opened in green on September 3, 2020, overall volumes in futures & options currently stand at 2,85,80,267 crore contracts with a turnover of Rs. 20,11,399.61 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Thursday, September 3, 2020 0 1440 Article rating: 4.0 The market opened in green on September 3, 2020, overall volumes in futures & options currently stand at 2,85,80,267 crore contracts with a turnover of Rs. 20,11,399.61 crore. Read more
How to read a mutual fund fact sheet How to read a mutual fund fact sheet DSIJ Intelligence / Thursday, September 3, 2020 0 1448 Article rating: 3.3 Investors are advised to read the annual report of the company in case of equity investment. Similarly, mutual fund investors must go through the fact sheet of the fund. Read more
Coal India plans Rs 1 lakh crore investment; production improves in select subsidiaries Coal India plans Rs 1 lakh crore investment; production improves in select subsidiaries Pratik Shastri / Thursday, September 3, 2020 0 1189 Article rating: 4.2 The shares of the company are listed among that scrip which has not been appreciated sharply in the market turnaround. From its historic price fall in March 2020, the stock is trading higher by just 5 per cent. Read more
Index trend and stocks in action on September 03, 2020 Index trend and stocks in action on September 03, 2020 DSIJ Intelligence-3 / Thursday, September 3, 2020 0 1537 Article rating: 4.9 Traders should keep an eye on the crucial levels of 11,550-11,560 and a failure to sustain above this level or rejection around this level could offer the best risk-reward short trade for the day traders. On sustaining above this zone, we would advise the traders to put on their bullish cap and stay long. Read more
Markets to open in green amid positive global cues Markets to open in green amid positive global cues DSIJ Intelligence-3 / Thursday, September 3, 2020 0 838 Article rating: 4.9 The Indian markets are likely to carry a positive baton from the previous trading sessions. Nifty, which closed above the 11,500 mark, will now aim for the next important psychological level of 11,600, and helping the cause is the positive global cues. Read more
NCC share rises on bagging new orders worth Rs 1,548 crore NCC share rises on bagging new orders worth Rs 1,548 crore DSIJ Intelligence / Wednesday, September 2, 2020 0 2726 Article rating: 3.7 For the quarter ending June 30, the company secured orders amounting to Rs 2,592 crore and its order book stood at Rs 27,916 crore at the end of the first quarter. Read more
Q1FY21 results: Infibeam Avenues net profit declines by 57.10 per cent QoQ to Rs 11.75 crore Q1FY21 results: Infibeam Avenues net profit declines by 57.10 per cent QoQ to Rs 11.75 crore DSIJ Intelligence / Wednesday, September 2, 2020 0 1953 Article rating: 4.0 The consolidated net profit in Q1FY21 came in at Rs 11.75 crore, which declined by 57.1 per cent, as compared to Q4FY20, when it reported a profit of Rs 27.39 crore. Read more
Reopening of hotels & restaurants help KRBL shares gain momentum Reopening of hotels & restaurants help KRBL shares gain momentum Pratik Shastri / Wednesday, September 2, 2020 0 1518 Article rating: 4.4 In addition to this, due to the challenges and restrictions, its important customer segment that is ‘hotel, restaurant, and catering’ (HoReCa) segment also faced several challenges during the first quarter. Read more
Q1FY21 results: Arvind Fashions records net loss of Rs 213.13 crore Q1FY21 results: Arvind Fashions records net loss of Rs 213.13 crore DSIJ Intelligence / Wednesday, September 2, 2020 0 836 Article rating: 4.6 The consolidated net sales reported in Q1FY21 came in at Rs 104.05 crore, which declined by 88.45 per cent YoY from Rs 900.94 crore in Q1FY20. Read more
Q1FY21 results: Jubilant Foodworks records net loss of Rs 74.47 crore Q1FY21 results: Jubilant Foodworks records net loss of Rs 74.47 crore DSIJ Intelligence / Wednesday, September 2, 2020 0 1305 Article rating: 3.8 The company reported consolidated net sales of Rs 388.41 crore in Q1FY21, which declined by 59.08 per cent YoY from Rs 949.11 crore in Q1FY20. Read more
Sensex, Nifty gain; Aditya Birla Fashion zooms 8 per cent, Jubilant FoodWorks jumps 4 per cent despite posting net loss Sensex, Nifty gain; Aditya Birla Fashion zooms 8 per cent, Jubilant FoodWorks jumps 4 per cent despite posting net loss DSIJ Intelligence / Wednesday, September 2, 2020 0 780 Article rating: 5.0 On Wednesday, Sensex gained by 185.23 points or by 0.48 per cent to close at 39,086.03 while Nifty rose by 64.75 points or 0.56 per cent to settle at 11,535. Read more
Adani Green locks at upper circuit, Adani Ports up by 4 per cent: Why Adani Group stocks are gaining? Adani Green locks at upper circuit, Adani Ports up by 4 per cent: Why Adani Group stocks are gaining? DSIJ Intelligence / Wednesday, September 2, 2020 0 3053 Article rating: 4.3 Shares of the companies belonging to Adani Group have been buzzing recently. The shares of Adani Green Energy advanced by 10 per cent on Wednesday and locked in at an upper circuit of Rs 546 as the company informed that it has been ranked as the largest solar power generation company in the world by Mercom Capital. Read more
Shorter payment timeframe for AGR dues may impact telecom industry structure Shorter payment timeframe for AGR dues may impact telecom industry structure Nidhi Jani / Wednesday, September 2, 2020 0 1137 Article rating: 5.0 It noted that the tariff hikes have led to the restoration of pricing power to the telcos and aided improvement in the operating metrics of the industry with growth in revenues and profit margins. Read more
Zydus Cadila receives USFDA nod for Cisatracurium Besylate Injection Zydus Cadila receives USFDA nod for Cisatracurium Besylate Injection DSIJ Intelligence / Wednesday, September 2, 2020 0 1151 Article rating: 5.0 Zydus Cadila informed the bourses on Wednesday that it has received final approval from United States Food & Drug Administration (USFDA) to market Cisatracurium Besylate Injection USP in the strength of 20 mg (base)/10 ml (2 mg/ml) multiple-dose vial Read more
Multibagger stock: CG Power locks in at upper circuit; stock almost triples in a month Multibagger stock: CG Power locks in at upper circuit; stock almost triples in a month DSIJ Intelligence / Wednesday, September 2, 2020 0 2247 Article rating: 4.4 CG Power & Industrial Solutions at its board meeting held on Tuesday said that the company has received a letter from Tube Investments of India Ltd indicating the latter’s offer to infuse additional capital worth Rs 100 crore in CG Power. Read more
Buzzing Stock: CDSL at all-time high; jumps by nearly 18 per cent Buzzing Stock: CDSL at all-time high; jumps by nearly 18 per cent DSIJ Intelligence / Wednesday, September 2, 2020 0 5531 Article rating: 3.5 On Wednesday, the stock of Central Depository Services Ltd (CDSL) became one of the top gainers on Nifty 500 index. CDSL is buzzing on bourses, up by nearly 18 per cent on an intraday basis. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Wednesday, September 2, 2020 0 1456 Article rating: 3.2 The market opened flat on September 2, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Wednesday, September 2, 2020 0 1905 Article rating: 3.2 The market opened flat on September 2, 2020, overall volumes in futures & options currently stand at 2,80,37,243 crore contracts with a turnover of Rs. 19,98,166.36 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Wednesday, September 2, 2020 0 1209 Article rating: 5.0 The market opened flat on September 2, 2020, overall volumes in futures & options currently stand at 2,80,37,243 crore contracts with a turnover of Rs. 19,98,166.36 crore. Read more
Cosmo Films to invest Rs 300 crore on capacity expansion; stock shines Cosmo Films to invest Rs 300 crore on capacity expansion; stock shines Amir Shaikh / Wednesday, September 2, 2020 0 2215 Article rating: 4.4 Cosmo Films informed the bourses on Tuesday that its board of directors has approved resuming further investment into the new line for specialised BOPET films at Aurangabad (Maharashtra), which was on hold since November 2018 Read more
Best performing funds in last 3 months Best performing funds in last 3 months DSIJ Intelligence / Wednesday, September 2, 2020 0 1766 Article rating: 3.1 The month of August became the third consecutive month, in which, equity has generated positive returns. Read on to find out the performance of different categories during the same period. Read more
Q1FY21 results: Oil and Natural Gas Corporation net profit declines by 84.69 per cent YoY to Rs 1090.03 crore Q1FY21 results: Oil and Natural Gas Corporation net profit declines by 84.69 per cent YoY to Rs 1090.03 crore DSIJ Intelligence / Wednesday, September 2, 2020 0 1789 Article rating: 5.0 The consolidated net profit in Q1FY21 came in at Rs 1090.03 crore, which declined by 84.69 per cent, as compared to Q1FY20, when it reported a profit of Rs 7120.08 crore. Read more
Index trend and stocks in action on September 02, 2020 Index trend and stocks in action on September 02, 2020 DSIJ Intelligence-3 / Wednesday, September 2, 2020 0 1389 Article rating: 4.8 The bulls stand to regain their lost strength if they move above the 11,550 levels and stay above this level throughout the day. While on the other hand, it would mean curtains for the bulls if the bears pierce and close below the 11,330 level. Stocks in news: Cosmo Films, Embassy Office Parks REIT, Adani Green Energy, Atul Auto, Hero Motocorp. Read more
SGX Nifty indicates subdued start for indices SGX Nifty indicates subdued start for indices DSIJ Intelligence-3 / Wednesday, September 2, 2020 0 690 Article rating: 4.6 The global cues which helped to regroup the bulls on D-Street in the last trading session are largely mixed on Wednesday morning. As a result, the Indian markets are likely to open on a subdued note as SGX Nifty trades down by 1.5 points at 11,507 levels. Read more
Sensex, Nifty back in green; Biocon, Ipca Labs skyrocket, Bharti Airtel zooms by 7 per cent Sensex, Nifty back in green; Biocon, Ipca Labs skyrocket, Bharti Airtel zooms by 7 per cent DSIJ Intelligence / Tuesday, September 1, 2020 0 1145 Article rating: 4.1 After Monday’s decline, the domestic benchmark indices were trading back in the positive territory on Tuesday. Subsequently, Sensex closed at 38,900.80 levels gaining by 272.51 points or by 0.71 per cent while Nifty rose by 0.73 per cent or 82.75 points to end at 11,470.25. Read more
Hexaware shines on partnering with ICT Academy for corporate initiatives Hexaware shines on partnering with ICT Academy for corporate initiatives DSIJ Intelligence / Tuesday, September 1, 2020 0 1903 Article rating: 2.9 Hexaware Technologies Limited announced that it has partnered with ICT Academy, a not-for-profit organisation, to train 500 final year students from rural colleges in Tamil Nadu, Puducherry, Andhra Pradesh, Maharashtra, and Telangana, on technical and soft skills relevant for the IT Industry. Read more
Steel Strips Wheels get new orders worth USD 455,000 from US & Europe Steel Strips Wheels get new orders worth USD 455,000 from US & Europe DSIJ Intelligence / Tuesday, September 1, 2020 0 1307 Article rating: 4.9 SSWL caters products like steel wheels for two and three-wheelers, passenger cars, multi-utility vehicles, tractors, trucks, and off-the-road (OTR) vehicles. Read more
GDP drops to Rs 26 lakh crore in Q1; bank credits show growth GDP drops to Rs 26 lakh crore in Q1; bank credits show growth Pratik Shastri / Tuesday, September 1, 2020 0 1633 Article rating: 2.8 Key indicators such as aggregate bank deposits, bank credits, LIC premium, and CPI general index showed gains over the last year's values. Read more
Indian dairy sector to turn COVID-19 crisis into opportunity Indian dairy sector to turn COVID-19 crisis into opportunity Nidhi Jani / Tuesday, September 1, 2020 0 2957 Article rating: 3.9 The government has been implementing various initiatives aimed at developing the dairy sector. Besides focussing on improving cattle productivity, measures are also being taken to strengthen rural milk procurement infrastructure as well as provide superior market linkages to the dairy farmers. Read more
Why did Vodafone Idea slump by more than 20 per cent? Why did Vodafone Idea slump by more than 20 per cent? DSIJ Intelligence / Tuesday, September 1, 2020 0 1031 Article rating: 4.9 Vodafone Idea has been in focus soon after the concerns relating to the company’s liquidity issues as well AGR dues came into limelight. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Tuesday, September 1, 2020 0 1351 Article rating: 3.5 The market opened in green on September 1, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Tuesday, September 1, 2020 0 1439 Article rating: 3.5 The market opened in green on September 1, 2020, overall volumes in futures & options currently stand at 3,26,33,349 crore contracts with a turnover of Rs. 23,48,238.21 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Tuesday, September 1, 2020 0 844 Article rating: 3.2 The market opened in green on September 1, 2020, overall volumes in futures & options currently stand at 3,26,33,349 crore contracts with a turnover of Rs. 23,48,238.21 crore. Read more
Q1FY21 results: Jindal Poly Films net profit rises by 93.96 per cent YoY to Rs 130.40 crore Q1FY21 results: Jindal Poly Films net profit rises by 93.96 per cent YoY to Rs 130.40 crore DSIJ Intelligence / Tuesday, September 1, 2020 0 1910 Article rating: 3.0 The company reported consolidated net sales of Rs 771.25 crore in Q1FY21, which declined by 8.32 per cent YoY from Rs 841.21 crore in Q1FY20. Read more
Mindtree partners with Mölnlycke to provide SAP application Mindtree partners with Mölnlycke to provide SAP application DSIJ Intelligence / Tuesday, September 1, 2020 0 1336 Article rating: 3.8 Mindtree Limited on Tuesday announced that it has partnered with Mölnlycke to provide SAP application development and maintenance along with cloud operations. Read more
L&T gains on completing divestment of E&A business L&T gains on completing divestment of E&A business DSIJ Intelligence / Tuesday, September 1, 2020 0 763 Article rating: 4.4 L&T’s exit from the E&A business is part of its long-term strategy and the company's goal of unlocking value for future growth. Read more
Defence Ministry inks pact with TPCL, L&T and BEML Defence Ministry inks pact with TPCL, L&T and BEML Nidhi Jani / Tuesday, September 1, 2020 0 2230 Article rating: 3.5 Tata Power and L&T will have a scope of work in the manufacturing of Automated Gun Aiming & Positioning System (AGAPS) and 45 command posts, respectively. BEML, on the other hand, will have the work of manufacturing 330 vehicles under the stated contract. Read more
Index trend and stocks in action on September 01, 2020 Index trend and stocks in action on September 01, 2020 DSIJ Intelligence-3 / Tuesday, September 1, 2020 0 876 Article rating: 5.0 The zone of 11,332-11,300 is a crucial support for the index in the near term and any breach of this support would mean a further strength to the bears. Stocks in news: BEML, Zensar technologies, Larsen & Toubro, Niyogin Fintech, Biocon, Rain Industries, Mahindra & Mahindra. Read more
Optimism to greet markets on first trading session of September! Optimism to greet markets on first trading session of September! DSIJ Intelligence-3 / Tuesday, September 1, 2020 0 719 Article rating: 5.0 Having said that, SGX Nifty is indicating that the optimism is likely to greet the markets on the first trading session of the new month as SGX Nifty is trading up by 66 points at 11,431 levels. Read more
Q1FY21 results: Spandana Sphoorty Financial net profit declines by 36.9 per cent YoY to Rs 58.93 crore Q1FY21 results: Spandana Sphoorty Financial net profit declines by 36.9 per cent YoY to Rs 58.93 crore DSIJ Intelligence / Monday, August 31, 2020 0 1941 Article rating: 4.1 Net interest income (NII) stood at Rs 224.88 crore as against Rs 188.07 crore it reported in Q1FY20. A growth of 19.6 per cent YoY. Read more
Q1FY21 results: JK Cement net profit declines by 62.25 per cent YoY to Rs 49.94 crore Q1FY21 results: JK Cement net profit declines by 62.25 per cent YoY to Rs 49.94 crore DSIJ Intelligence / Monday, August 31, 2020 0 1825 Article rating: 5.0 The company reported consolidated net sales of Rs 1004.84 crore in Q1FY21, which declined by 27.91 per cent YoY from Rs 1393.92 crore in Q1FY20. Read more
Q1FY21 results: Jai Corp records net loss of Rs 3.58 crore Q1FY21 results: Jai Corp records net loss of Rs 3.58 crore DSIJ Intelligence / Monday, August 31, 2020 0 1357 Article rating: 3.4 The company reported consolidated net sales of Rs 97.36 crore in Q1FY21, which declined by 29.12 per cent YoY from Rs 137.36 crore in Q1FY20. Read more
Q1FY21 results: Arvind records net loss of Rs 97.31 crore Q1FY21 results: Arvind records net loss of Rs 97.31 crore DSIJ Intelligence / Monday, August 31, 2020 0 1063 Article rating: 5.0 The company reported consolidated net sales of Rs 599.28 crore in Q1FY21, which declined by 68.4 per cent YoY from Rs 1896.45 crore in Q1FY20. Read more
Q1FY21 results: GNFC records net profit of Rs 2.97 crore Q1FY21 results: GNFC records net profit of Rs 2.97 crore DSIJ Intelligence / Monday, August 31, 2020 0 1571 Article rating: 3.8 The consolidated net sales reported in Q1FY21 came in at Rs 700.23 crore, which declined by 42.13 per cent YoY from Rs 1,209.94 crore in Q1FY20. Read more
BSE StAR MF sets a new high BSE StAR MF sets a new high DSIJ Intelligence / Monday, August 31, 2020 0 1905 Article rating: 4.7 Mutual Fund platform BSE StAR MF has set a new high. It recorded the highest number of MF transactions for the month of August 2020. Read more
Monday Mayhem: Three reasons why Sensex & Nifty tumble down Monday Mayhem: Three reasons why Sensex & Nifty tumble down DSIJ Intelligence / Monday, August 31, 2020 0 1344 Article rating: 4.4 The beginning of the week was disappointing for investors as Sensex cutting its six-day winning streak ended in negative territory on Monday. India VIX rose by 25 per cent. Read more
Bank Nifty forms dark cloud cover pattern; indicates further selling Bank Nifty forms dark cloud cover pattern; indicates further selling Vinayak Gangule / Monday, August 31, 2020 0 567 Article rating: 3.6 The price action has formed a dark cloud cover candlestick pattern on the daily scale. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs when a bearish candle on the second day closes below the middle of the first day’s candle. Read more
Steel Strips Wheels win orders worth Rs 34 lakh for US caravan trailer market Steel Strips Wheels win orders worth Rs 34 lakh for US caravan trailer market DSIJ Intelligence / Monday, August 31, 2020 0 1057 Article rating: 5.0 Auto component maker Steel Strips Wheels Limited (SSWL) on Monday announced that it has received orders worth over US$ 46,000 (around Rs 34 lakh) for about 3,700 wheels for the US caravan trailer market. Read more
SBI forms bearish engulfing candle SBI forms bearish engulfing candle Vinayak Gangule / Monday, August 31, 2020 0 738 Article rating: 4.6 The price action has formed a bearish engulfing candlestick pattern on the daily scale. This pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend. Read more
Top 5 gainers & losers of BSE 500 in August Top 5 gainers & losers of BSE 500 in August Apurva Joshi / Monday, August 31, 2020 0 1045 Article rating: 4.8 Meanwhile, BSE 500 index too surged by 3.8 per cent from 14,346.18 as on July 31, 2020, to 14,890.06 as on August 31, 2020. Read more
Sensex, Nifty crash; Future Retail zooms by 20 per cent, Adani Gas slumps Sensex, Nifty crash; Future Retail zooms by 20 per cent, Adani Gas slumps DSIJ Intelligence / Monday, August 31, 2020 0 1184 Article rating: 4.0 The Sensex on Monday made an intraday high of 40010.17 in the morning session to tumble by more than 1500 points and close at 38628.29 levels. Sensex was down by 839.02 points or 2.13 per cent. Nifty closed at 11387.50 levels, down by 260.10 points or 2.23 per cent. Read more
Sales of Indian pharma companies to rise: Fitch Ratings Sales of Indian pharma companies to rise: Fitch Ratings Amir Shaikh / Monday, August 31, 2020 0 1027 Article rating: 4.7 Fitch Ratings, in its recently released report, said that the sales of Indian pharmaceutical companies will rise after a gradual easing of the Coronavirus pandemic-related lockdown measures that caused disruptions across most markets in the first quarter of FY21 Read more
NMDC declines 9 per cent post demerger announcement NMDC declines 9 per cent post demerger announcement Pratik Shastri / Monday, August 31, 2020 0 962 Article rating: 4.6 On the operational front, the sales volume declined 28 per cent on a YoY basis to 6.28 million tonnes in the first quarter of FY21. The resultant decline in the operating profit was 60 per cent over the same period last year to Rs 750 crore. Read more
Biocon Biologics & Mylan launches Semglee in US for diabetes patients Biocon Biologics & Mylan launches Semglee in US for diabetes patients Amir Shaikh / Monday, August 31, 2020 0 1433 Article rating: 5.0 Biocon's subsidiary Biocon Biologics India Ltd, a fully-integrated pure-play biosimilars company and Mylan announced the launch of Semglee (insulin glargine injection) in the US to expand access for diabetes patients Read more
Parag Milk Foods Limited launches premium ghee brand Parag Milk Foods Limited launches premium ghee brand DSIJ Intelligence / Monday, August 31, 2020 0 1840 Article rating: 2.8 Parag Milk Foods Limited, a dairy FMCG company, launched Pride of Cows ‘single-origin ghee’ on Monday. Famous for brands like ‘Gowardhan’, ‘Go’, ‘Pride of Cows’, and ‘Avvatar’, the single-origin ghee is procured from Pride of Cows milk, the first-of-its-kind farm-to-home milk. Read more
Reliance Infrastructure makes another loan default Reliance Infrastructure makes another loan default Amir Shaikh / Monday, August 31, 2020 0 1348 Article rating: 4.9 Anil Ambani-led Reliance Infrastructure informed the bourses on Monday that it has defaulted on the repayment of a loan. The company's stock has deteriorated almost 95 in the last couple of years. The company in its latest quarterly filing has said that it has nearly Rs 60,000 crore of receivables pending Read more
Q1FY21 results: NHPC net profit falls 13.52 per cent YoY to Rs 855.49 crore Q1FY21 results: NHPC net profit falls 13.52 per cent YoY to Rs 855.49 crore DSIJ Intelligence / Monday, August 31, 2020 0 715 Article rating: 4.8 The consolidated net sales reported in Q1FY21 came in at Rs 2,779.48 crore, which increased by 6.5 per cent YoY from Rs 2,609.95 crore in Q1FY20. Read more
Circuit stocks: FLFL & Future Consumer lock-in at upper circuit; Dish TV tumbles 5 per cent Circuit stocks: FLFL & Future Consumer lock-in at upper circuit; Dish TV tumbles 5 per cent DSIJ Intelligence / Monday, August 31, 2020 0 1082 Article rating: 4.8 On Monday, Sensex opened with gains but soon, sentiments in the markets turned sour after reports of India-China tensions made the headlines. Read more
GAIL eyes expansion in petrochemicals, speciality chemicals & renewables GAIL eyes expansion in petrochemicals, speciality chemicals & renewables Nidhi Jani / Monday, August 31, 2020 0 2771 Article rating: 3.9 The nation's largest gas marketer and shipper has adopted a revised strategic plan identifying priority business initiatives. This strategic plan will help the company to address its challenges in the changing industry scenarios and provide new areas for growth with geographic expansion. Read more
Ind-Ra believes rural economy revival may not offset urban demand Ind-Ra believes rural economy revival may not offset urban demand Amir Shaikh / Monday, August 31, 2020 0 1780 Article rating: 4.9 In the recently released report, India Ratings & Research (Ind-Ra) has expressed that despite the share of agriculture in India's gross value, which is 17 per cent, the rural demand at best can extend support to consumption demand but cannot be a substitute for urban demand Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Monday, August 31, 2020 0 1386 Article rating: 4.6 The market opened in green on August 31, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Monday, August 31, 2020 0 1790 Article rating: 3.8 The market opened in green on August 31, 2020, overall volumes in futures & options currently stand at 2,00,73,108 crore contracts with a turnover of Rs. 14,02,335.91 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Monday, August 31, 2020 0 1593 Article rating: 3.8 The market opened in green on August 31, 2020, overall volumes in futures & options currently stand at 2,00,73,108 crore contracts with a turnover of Rs. 14,02,335.91 crore. Read more
Wonderla Holidays expands take away business by launching third outlet Wonderla Holidays expands take away business by launching third outlet Nidhi Jani / Monday, August 31, 2020 0 1532 Article rating: 4.6 On June 17, 2020, Wonderla Holidays forayed into food takeaway and home delivery division as part of its business expansion. Under this business plan, the company has launched two 'Wonder Kitchen' outlets in Bangalore since June 2020. Read more
List of funds giving returns higher than market since March List of funds giving returns higher than market since March DSIJ Intelligence / Monday, August 31, 2020 0 1815 Article rating: 4.1 The markets witnessed a big dent in the month of March 2020 and then recovered gradually. Here is a list of the top 10 funds that returned higher than markets. Read more
Q1FY21 results: Wockhardt records net loss of Rs 226 crore Q1FY21 results: Wockhardt records net loss of Rs 226 crore DSIJ Intelligence / Monday, August 31, 2020 0 1444 Article rating: 5.0 The company posted a net profit of Rs 759.75 crore for Q1FY21 on account of exceptional items in connection with the transfer of the business comprising 62 products to Dr. Reddy’s Laboratories Limited. Read more
Cyient acquires Integrated Global Partners of Australia Cyient acquires Integrated Global Partners of Australia Apurva Joshi / Monday, August 31, 2020 0 2025 Article rating: 4.7 The acquisition, which is being done to expand its end-to-end offerings for local as well as regional resources sector, will be made by its wholly-owned subsidiary, Cyient Australia Pty Limited. Read more
Index trend and stocks in action on August 31, 2020 Index trend and stocks in action on August 31, 2020 Vinayak Gangule / Monday, August 31, 2020 0 1166 Article rating: 4.2 With the recent rise and narrowing range bars, we would advise the traders to follow a strict trailing stop-loss for the long position as there is no signal for short-selling unless the index closes below the prior bar and forms a lower high. Stocks in news: CG Power & Industrial Solutions, Reliance Industries, Cyient. Read more
Green week for market Green week for market DSIJ Intelligence / Monday, August 31, 2020 0 1024 Article rating: 3.7 Early trends in SGX Nifty indicates a strong opening of the week for the markets. Read more
Q1FY21 results: Indian Hume Pipe Company records net loss of Rs 5.53 crore Q1FY21 results: Indian Hume Pipe Company records net loss of Rs 5.53 crore DSIJ Intelligence / Saturday, August 29, 2020 0 1515 Article rating: 4.0 The company reported consolidated net sales of Rs 217.73 crore in Q1FY21, which declined by 52.99 per cent YoY from Rs 463.19 crore in Q1FY20. Read more
Q1FY21 results: Time Technoplast records net loss of Rs 11.59 crore Q1FY21 results: Time Technoplast records net loss of Rs 11.59 crore DSIJ Intelligence / Saturday, August 29, 2020 0 1150 Article rating: 4.0 The company reported consolidated net sales of Rs 475.2 crore in Q1FY21, which declined by 45.26 per cent YoY from Rs 868.14 crore in Q1FY20. Read more
Reliance – Future Group deal sealed: RIL acquires key businesses of the latter Reliance – Future Group deal sealed: RIL acquires key businesses of the latter DSIJ Intelligence / Saturday, August 29, 2020 0 1698 Article rating: 3.9 Reliance Industries Ltd and Future Group announced that the former is acquiring the Retail & Wholesale business and Logistics & Warehousing business of the latter on slump sale basis for lumpsum aggregate consideration of Rs 24713 crore. Read more
Q1FY21 results: Suzlon Energy records net loss of Rs 398.86 crore Q1FY21 results: Suzlon Energy records net loss of Rs 398.86 crore DSIJ Intelligence / Saturday, August 29, 2020 0 1774 Article rating: 3.5 The company reported consolidated net sales of Rs 522.93 crore in Q1FY21, which declined by 37.98 per cent YoY from Rs 843.22 crore in Q1FY20. Read more
Mutual Fund Update: New Fund Offer (NFO) Mutual Fund Update: New Fund Offer (NFO) DSIJ Intelligence / Saturday, August 29, 2020 0 360 Article rating: 2.5 New Fund Offers (NFOs) that are open for subscription. Read more
Q1FY21 results: Edelweiss Financial Services records net loss of Rs 263.67 crore Q1FY21 results: Edelweiss Financial Services records net loss of Rs 263.67 crore DSIJ Intelligence / Friday, August 28, 2020 0 2133 Article rating: 5.0 Net interest income (NII) stood at Rs 53.33 crore as against Rs 400.82 crore it reported in Q1FY20. A decline of 86.7 per cent YoY. Read more
Q1FY21 results: PNC Infratech net profit declines by 48.61 per cent YoY to Rs 91.74 crore Q1FY21 results: PNC Infratech net profit declines by 48.61 per cent YoY to Rs 91.74 crore DSIJ Intelligence / Friday, August 28, 2020 0 730 Article rating: 2.7 The company reported consolidated net sales of Rs 1092.81 crore in Q1FY21, which declined by 28.32 per cent YoY from Rs 1524.51 crore in Q1FY20. Read more
Sensex gains by 353 points; Vodafone Idea jumps by 14 per cent, Aarti Industries slips by more than 3 per cent Sensex gains by 353 points; Vodafone Idea jumps by 14 per cent, Aarti Industries slips by more than 3 per cent DSIJ Intelligence / Friday, August 28, 2020 0 1966 Article rating: 3.3 On Friday, the markets were dominated by the banks. Sensex managed to close at 39467.31 up by 353.84 points or 0.90 per cent. Nifty closed at 11655.25, up by 96 points or 0.83 per cent. Read more
One year returns analysis of Nifty & Nifty companies One year returns analysis of Nifty & Nifty companies DSIJ Intelligence / Friday, August 28, 2020 0 1218 Article rating: 2.3 We analysed the last one year's returns of Nifty as an index and its constituents too in the last one year, starting from August 27, 2019, till August 27, 2020. Over this period, Nifty gave an absolute return of a mere 4.09 per cent. Surprisingly, there was enough disparity in Nifty constituents with regard to the returns they gave individually. Read more
BSE Metal & BSE Realty indices shine in last one month BSE Metal & BSE Realty indices shine in last one month Apurva Joshi / Friday, August 28, 2020 0 870 Article rating: 4.5 On July 27, 2020, BSE Metal index was at 7,598.48 which jumped by 20.7 per cent to 9,175.04 on August 27, 2020. BSE Realty index was at 1,536.99 as of July 27, 2020, which grew by 19.8 per cent to 1,842.24 on August 27, 2020. Read more
Key things to keep in mind before investing in corporate bond funds Key things to keep in mind before investing in corporate bond funds DSIJ Intelligence / Friday, August 28, 2020 0 1858 Article rating: 5.0 In the last one-year, corporate bond funds, on average, generated a return of 10.74 per cent. Hence, if you are planning to invest in them, then here are some key points that you need to bear in mind. Read more
Q1FY21 results: SJVN net profit falls by 27.91 per cent YoY to Rs 303.9 crore Q1FY21 results: SJVN net profit falls by 27.91 per cent YoY to Rs 303.9 crore DSIJ Intelligence / Friday, August 28, 2020 0 1451 Article rating: 4.3 The consolidated net sales reported in Q1FY21 came in at Rs 673.72 crore, which declined by 5.44 per cent YoY from Rs 712.49 crore in Q1FY20. Read more
Steel Strips Wheels expects 14 per cent YoY growth in next 3 months Steel Strips Wheels expects 14 per cent YoY growth in next 3 months Apurva Joshi / Friday, August 28, 2020 0 1167 Article rating: 4.3 It expects to reach an average gross revenue rate of Rs 150-Rs 155 crore per month in the next 3 months. This is a 14 per cent increase in the average volume and revenue on a YoY basis. Read more
Avantel surges 18 per cent intraday on receiving new defence order Avantel surges 18 per cent intraday on receiving new defence order Pratik Shastri / Friday, August 28, 2020 0 2438 Article rating: 3.4 Avantel, a small-sized telecom equipment manufacturer, informed on Friday that it has signed a contract worth Rs 96.76 crore with IHQ, MoD (Indian Navy), for the supply of communication equipment for Indian Naval ships. Looking at its annual revenue of Rs 52 crore for FY20, this order is of quite a significance to the company. Read more
Q1FY21 results: Himatsingka Seide records net loss of Rs 139.79 crore Q1FY21 results: Himatsingka Seide records net loss of Rs 139.79 crore DSIJ Intelligence / Friday, August 28, 2020 0 1519 Article rating: 3.7 The company reported consolidated net sales of Rs 179.43 crore in Q1FY21, which declined by 71.94 per cent YoY from Rs 639.53 crore in Q1FY20. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Friday, August 28, 2020 0 1604 Article rating: 4.0 The market opened in green on August 28, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Friday, August 28, 2020 0 2985 Article rating: 3.5 The market opened in green on August 28, 2020, overall volumes in futures & options currently stand at 5,12,97,629 crore contracts with a turnover of Rs. 35,09,028.64 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Friday, August 28, 2020 0 1620 Article rating: 2.9 The market opened in green on August 28, 2020, overall volumes in futures & options currently stand at 5,12,97,629 crore contracts with a turnover of Rs. 35,09,028.64 crore. Read more
Q1FY21 results: IDFC records net loss of Rs 26.46 crore Q1FY21 results: IDFC records net loss of Rs 26.46 crore DSIJ Intelligence / Friday, August 28, 2020 0 1277 Article rating: 4.0 Net interest income (NII) stood at Rs 4.46 crore as against Rs 3.97 crore it reported in Q1FY20. A growth of 12.3 per cent YoY. Read more
Markets likely to open on a positive note today Markets likely to open on a positive note today DSIJ Intelligence / Friday, August 28, 2020 0 1252 Article rating: 5.0 Markets are likely to end the week on an optimistic note amid strong global cues. Read more
Index trend and stocks in action on August 28, 2020 Index trend and stocks in action on August 28, 2020 Vinayak Gangule / Friday, August 28, 2020 0 1212 Article rating: 3.9 In the coming session, the zone of 11,530-11,500 is crucial to monitor as it is the confluence of upward sloping trendline support and 20-hour EMA level. Failure to hold above the 11,500 mark could be the first sign of weakness. Stocks in news: Yes Bank Ltd, Artson Engineering Ltd, Mahindra & Mahindra Ltd, GMR Infrastructure Ltd. Read more
Q1FY21 results: NMDC net profit falls 55 per cent YoY Q1FY21 results: NMDC net profit falls 55 per cent YoY DSIJ Intelligence / Thursday, August 27, 2020 0 1510 Article rating: 4.7 The consolidated net sales reported in Q1FY21 came in at Rs 1,937.5 crore, which declined by 40.64 per cent YoY from Rs 3,263.74 crore in Q1FY20. Read more
Q1FY21 results: Avanti Feeds net profit rises 14.33 per cent YoY Q1FY21 results: Avanti Feeds net profit rises 14.33 per cent YoY DSIJ Intelligence / Thursday, August 27, 2020 0 2637 Article rating: 3.0 The consolidated net sales reported in Q1FY21 came in at Rs 955.40 crore, which declined by 12.63 per cent YoY from Rs 1,093.49 crore in Q1FY20. Read more
Dr Reddy's Laboratories to launch Penicillamine capsules in US market Dr Reddy's Laboratories to launch Penicillamine capsules in US market DSIJ Intelligence / Thursday, August 27, 2020 0 1202 Article rating: 5.0 Dr Reddy’s Laboratories Ltd announced the launch of Penicillamine capsules USP, 250 mg, a therapeutic equivalent generic version of Cuprimine (Penicillamine) capsules, 250 mg, approved by United States Food & Drug Administration (USFDA) on Thursday. Read more
Blue Star jumps 15 per cent on winning Mumbai Metro order worth Rs 149 crore Blue Star jumps 15 per cent on winning Mumbai Metro order worth Rs 149 crore DSIJ Intelligence / Thursday, August 27, 2020 0 1402 Article rating: 4.0 The shares of Blue Star Limited were trading as high as 15 per cent on Thursday after the company announced that it has won an electrical & mechanical works (E&M) order valued at Rs 149 crore. Read more
Infosys ties up with Genesys to accelerate strategic transformation journey Infosys ties up with Genesys to accelerate strategic transformation journey DSIJ Intelligence / Thursday, August 27, 2020 0 1659 Article rating: 5.0 Infosys, a global leader in the next-generation digital services & consulting, announced a five-year partnership with Genesys, a global leader in cloud customer experience and contact centre solutions. Read more
Sensex, Nifty positive, IndusInd bank zooms 6.59 per cent, HDFC, Axis Bank and M&M contribute the most to Sensex gains Sensex, Nifty positive, IndusInd bank zooms 6.59 per cent, HDFC, Axis Bank and M&M contribute the most to Sensex gains DSIJ Intelligence / Thursday, August 27, 2020 0 467 Article rating: 4.3 On the last expiry day of the month, Sensex and Nifty saw profit booking. Sensex managed to close at 39113.47 levels, up by 39.55 points or 0.10 per cent on Thursday. Nifty closed at 11559.25 levels, up by 9.65 points or 0.08 per cent. Read more
Roll of Honour- CFO Special Roll of Honour- CFO Special Ninad Ramdasi / Thursday, August 27, 2020 0 3144 Article rating: 3.0 To compile the CFO rankings, DSIJ examined the performances of companies listed on the BSE and the NSE across market capitalisation. Read more
Future Group stocks lock in at upper circuits, Future Retail zooms by 11 per cent Future Group stocks lock in at upper circuits, Future Retail zooms by 11 per cent DSIJ Intelligence / Thursday, August 27, 2020 0 4223 Article rating: 3.4 Future Enterprises Ltd (FEL) announced that a meeting of the company’s board of directors is scheduled to be held for considering proposals of raising funds. Reacting to the announcement, the shares of various Future Group-owned companies soared high on Thursday. Read more