Index trend and stocks in action on August 17, 2020 Index trend and stocks in action on August 17, 2020 DSIJ Intelligence-3 / Monday, August 17, 2020 0 1108 Article rating: 5.0 Reliance Industries, Infosys, and TCS are the three stocks, which are amongst the top five heavyweights. If we analyse the charts of these three stocks, we could actually make out where these stocks are likely to take the index. Read more
Bulls likely to get back in the game Bulls likely to get back in the game DSIJ Intelligence-3 / Monday, August 17, 2020 0 1067 Article rating: 4.4 Early trends in SGX Nifty is indicating that the markets are likely to begin the fresh week on a positive note. Read more
SJVN shares resist market fall; close higher due to new order win SJVN shares resist market fall; close higher due to new order win Pratik Shastri / Saturday, August 15, 2020 0 2093 Article rating: 4.3 The company further mentioned that the approximate cost of the project is nearly Rs 450 crore. It is expected to generate 244 MU/year. Read more
Bank Nifty forms bearish candle; level 21,000 becomes crucial Bank Nifty forms bearish candle; level 21,000 becomes crucial Vinayak Gangule / Saturday, August 15, 2020 0 1785 Article rating: 4.8 The price action of the day formed a sizeable bear candle. This bearish candle formation has come along with a rise in the daily range. Friday’s trading range was about 875.85 points whereas; the 10-day average daily range is 399.45 points. Read more
Kolte-Patil Developers surge nearly 13 per cent; gives trendline breakout Kolte-Patil Developers surge nearly 13 per cent; gives trendline breakout Vinayak Gangule / Saturday, August 15, 2020 0 991 Article rating: 3.8 The stock of Kolte-Patil Developers Limited has given a downward sloping trendline breakout, formed by connecting swing highs from April 2020. The breakout was supported by robust volumes. Read more
Q1FY21 results: Berger Paints India net profit falls by 91.45 per cent YoY Q1FY21 results: Berger Paints India net profit falls by 91.45 per cent YoY DSIJ Intelligence / Friday, August 14, 2020 0 1239 Article rating: 4.8 The consolidated net sales reported in Q1FY21 came in at Rs 930.76 crore, which declined by 45.78 per cent YoY from Rs 1,716.53 crore in Q1FY20. Read more
L&T Construction begins work on hydro-electric project in Assam L&T Construction begins work on hydro-electric project in Assam DSIJ Intelligence / Friday, August 14, 2020 0 2083 Article rating: 3.6 Larsen & Toubro Construction announced on Friday that its heavy civil infrastructure arm has started mobilising of resources for the execution of a hydro-electric project for Assam Power Generation Corporation Limited. Read more
Sensex, Nifty slip, HDFC twins & ICICI Bank biggest contributors to Sensex fall, Coal India shines Sensex, Nifty slip, HDFC twins & ICICI Bank biggest contributors to Sensex fall, Coal India shines DSIJ Intelligence / Friday, August 14, 2020 0 1201 Article rating: 4.7 On the last day of the week, both the Sensex and Nifty tumbled pushing the key benchmark indices down by 1.13 per cent and 1.05 per cent respectively. Therefore the Sensex closed at 37877 levels down by 433 points and Nifty closed at 11181 levels down by 118.6 points. Read more
Wonderla Holidays launches second 'Wonder Kitchen' outlet Wonderla Holidays launches second 'Wonder Kitchen' outlet DSIJ Intelligence / Friday, August 14, 2020 0 2301 Article rating: 4.2 One of the largest amusement park chains in India, Wonderla Holidays Limited (WHL) announced on Thursday that the company is all set to launch its second ‘Wonder Kitchen’ outlet in Bangalore at Rajarajeshwari Nagar, popularly known as RR Nagar. Read more
Mistakes to avoid while selecting best mutual funds Mistakes to avoid while selecting best mutual funds DSIJ Intelligence / Friday, August 14, 2020 0 1447 Article rating: 3.8 Funds should be chosen very wisely as even a petty mistake can become troublesome and make you regret your decision. So, here, we have jotted down some common errors that one should avoid while selecting the best mutual funds. Read more
Meghmani Organics continue positive trend; price reaches pre-COVID levels Meghmani Organics continue positive trend; price reaches pre-COVID levels Pratik Shastri / Friday, August 14, 2020 0 7944 Article rating: 3.4 Going ahead, the street would also take into consideration the commencement of 10,000 TPA agrochemical capacity in the third quarter of the current fiscal. The company expects Rs 200 revenue growth after these plants get operational. Read more
Gradual resumption of economic activity is likely to revive Blue Star Gradual resumption of economic activity is likely to revive Blue Star Pratik Shastri / Friday, August 14, 2020 0 1052 Article rating: 3.5 The management, in its recent commentary with investors, said that the impact of the pandemic on water purifier business is above expectation. This was led by an e-commerce channel on establishing brand and customer recall. Read more
MF Update: Most loved and hated stocks of July 2020 MF Update: Most loved and hated stocks of July 2020 DSIJ Intelligence / Friday, August 14, 2020 0 3165 Article rating: 3.9 Read on to find the where AMCs bought and sold stocks in the month of July 2020, purely in terms of the number of shares. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Friday, August 14, 2020 0 1670 Article rating: 4.4 The market opened in green on August 14, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Friday, August 14, 2020 0 2294 Article rating: 3.9 The market opened in green on August 14, 2020, overall volumes in futures & options currently stand at 5,10,09,027 crore contracts with a turnover of Rs. 33,70,833.70 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Friday, August 14, 2020 0 1109 Article rating: 3.1 The market opened in green on August 14, 2020, overall volumes in futures & options currently stand at 5,10,09,027 crore contracts with a turnover of Rs. 33,70,833.70 crore. Read more
Dishman Carbogen undertake expansion projects at Switzerland & France Dishman Carbogen undertake expansion projects at Switzerland & France Apurva Joshi / Friday, August 14, 2020 0 1765 Article rating: 4.4 The new facilities, located in Switzerland and France, will be phased in over the next four years, with investments in excess of CHF 100 million (over €90 million), which will provide six years of constant growth for the company. Read more
Q1FY21 results: BPCL net profit rises by 21.57 per cent YoY Q1FY21 results: BPCL net profit rises by 21.57 per cent YoY DSIJ Intelligence / Friday, August 14, 2020 0 1282 Article rating: 4.4 The consolidated net sales reported in Q1FY21 came in at Rs 50,909.24 crore, which declined by 41.09 per cent YoY from Rs 86,412.87 crore in Q1FY20. Read more
Q1FY21 results: Hero Motocorp net profit falls by 95.4 per cent YoY Q1FY21 results: Hero Motocorp net profit falls by 95.4 per cent YoY DSIJ Intelligence / Friday, August 14, 2020 0 1181 Article rating: 4.4 The consolidated net sales reported in Q1FY21 came in at Rs 2,969.08 crore, which declined by 63.73 per cent YoY from Rs 8,185.97 crore in Q1FY20. Read more
Ahluwalia Contracts jumps 15 per cent on securing NBCC order worth Rs 290 crore Ahluwalia Contracts jumps 15 per cent on securing NBCC order worth Rs 290 crore Nidhi Jani / Friday, August 14, 2020 0 2747 Article rating: 3.2 The company’s order book as on March 31, 2020, stood at Rs 7,462 crore (4x of FY20 revenue), which is likely to be executed over the next two and a half years. The total order inflow so far in FY21 stands at Rs 290 crore. This inflow, combined with a healthy order book, provides strong revenue visibility. Read more
Penny Stocks: Accel India gains 172 per cent in one month Penny Stocks: Accel India gains 172 per cent in one month DSIJ Intelligence / Friday, August 14, 2020 0 2822 Article rating: 4.2 Individual investors have shown tremendous interest in the penny stocks in 2020 as the risk-on mood was seen in the markets since its crashing in March. The buying trend in penny stocks is a global phenomenon. Read more
Index trend and stocks in action on August 14, 2020 Index trend and stocks in action on August 14, 2020 DSIJ Intelligence-3 / Friday, August 14, 2020 0 1152 Article rating: 4.7 On the downside, a breach of 11,238 levels would open the gates for a further correction towards the zone of 11,157-11,128. This zone is the next important support zone as this a confluence of 20-DMA and 50 per cent retracement level of the recent upswing. Stocks in news: Ahluwalia Contracts, Jindal Steel and Power, Bank of India. Read more
Clueless markets to offer flat start Clueless markets to offer flat start DSIJ Intelligence-3 / Friday, August 14, 2020 0 883 Article rating: 4.8 Be prepared for a likely flat start for the Indian markets, owing to mixed global cues. At 7:50 am, SGX Nifty was trading down by 8 points at 11,326.50 levels. Over the last couple of trading sessions, the market is in a state of flux and this has resulted into no clear headway. Read more
Q1FY21 results: Eicher Motors records net loss of Rs 55.18 crore Q1FY21 results: Eicher Motors records net loss of Rs 55.18 crore DSIJ Intelligence / Thursday, August 13, 2020 0 1175 Article rating: 4.9 The consolidated net sales reported in Q1FY21 came in at Rs 818.16 crore, which declined by 65.65 per cent YoY from Rs 2,381.92 crore in Q1FY20. Read more
Q1FY21 results: GAIL (India) net profit plunges 57.24 per cent YoY Q1FY21 results: GAIL (India) net profit plunges 57.24 per cent YoY DSIJ Intelligence / Thursday, August 13, 2020 0 1202 Article rating: 4.6 The consolidated net sales reported in Q1FY21 came in at Rs 12,180.62 crore, which declined by 34.09 per cent YoY from Rs 18,481.56 crore in Q1FY20. Read more
Q1FY21: U GRO capital gains more than 3 per cent Q1FY21: U GRO capital gains more than 3 per cent DSIJ Intelligence / Thursday, August 13, 2020 0 884 Article rating: 4.6 U GRO capital, a new-age listed fintech platform gained 3.50 per cent on Thursday after declaring its Q1 FY21 results. Read more
Eicher Motors Unit to purchase Volvo India bus business Eicher Motors Unit to purchase Volvo India bus business DSIJ Intelligence / Thursday, August 13, 2020 0 1471 Article rating: 4.5 Eicher Motors on Thursday said that it has signed definitive agreements for the integration of Volvo Buses India business into VE commercial vehicles (VECV), an Eicher Motors’ arm that covers Eicher's commercial vehicles, components, and engineering design businesses as well as the sales and distribution of Volvo trucks. Read more
Shares of eClerx hit upper circuit on robust Q1 results Shares of eClerx hit upper circuit on robust Q1 results DSIJ Intelligence / Thursday, August 13, 2020 0 1053 Article rating: 3.9 The shares of eClerx Services were trading in the green and surged 20 per cent to hit its intraday high on Thursday, a day after the company came out with its June quarter earnings. Read more
Technical Portfolio Guide Technical Portfolio Guide Ninad Ramdasi / Thursday, August 13, 2020 0 109 Article rating: No rating Subscribers can ask their queries regarding stocks they hold and get our expert guidance. Read more
Street Talk Street Talk Ninad Ramdasi / Thursday, August 13, 2020 0 102 Article rating: No rating 1 stock recommendation based on Street Talk (with 7 days horizon). Read more
Fundamental Analysis Fundamental Analysis Ninad Ramdasi / Thursday, August 13, 2020 0 73 Article rating: No rating Fundamental Analysis of 1 Stocks (with 180 days horizon). Read more
Review Review Ninad Ramdasi / Thursday, August 13, 2020 0 329 Article rating: No rating Review on 1 stocks recommended in past. Read more
Sentiment Indicators Sentiment Indicators Ninad Ramdasi / Thursday, August 13, 2020 0 451 Article rating: No rating Sentiment Indicators. Read more
Technical Analysis Technical Analysis Ninad Ramdasi / Thursday, August 13, 2020 0 91 Article rating: No rating Technical Analysis of 1 Stock (with 15 days horizon). Read more
Follow the Leader Follow the Leader Ninad Ramdasi / Thursday, August 13, 2020 0 160 Article rating: No rating Editor's views on the capital markets, stock reviews and word on Dalal Street. Read more
Sensex, Nifty marginally down; Ashok Leyland zooms by more than 14 per cent, Bharat Forge gains 15.7 per cent Sensex, Nifty marginally down; Ashok Leyland zooms by more than 14 per cent, Bharat Forge gains 15.7 per cent DSIJ Intelligence / Thursday, August 13, 2020 0 1507 Article rating: 4.2 The Sensex opened in green and stayed like that for the first couple of hours after which it slipped owing to profit booking. It closed at 38310 levels, down by 59 points or 0.15 per cent whereas Nifty closed at the important support level of 11300 levels, down by eight points or 0.07 per cent. Read more
Alembic Pharma JV gets USFDA tentative nod for Tavaborole Topical Solution Alembic Pharma JV gets USFDA tentative nod for Tavaborole Topical Solution DSIJ Intelligence / Thursday, August 13, 2020 0 1063 Article rating: 5.0 Aleor Dermaceuticals Limited, a joint venture of Alembic Pharmaceuticals Limited, has received tentative approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application -Tavaborole Topical Solution. Read more
Affle to acquire 8.0 per cent ownership in Bobble AI Affle to acquire 8.0 per cent ownership in Bobble AI DSIJ Intelligence / Thursday, August 13, 2020 0 1426 Article rating: 3.0 Affle has entered into a definitive share subscription agreement as well as into shareholders’ agreement to acquire 8.0 per cent ownership in Talent Unlimited Online Services Private Limited (Bobble AI) incorporated in India. Read more
Sadbhav Engineering hits upper circuit on winning 2 EPC projects from NHAI Sadbhav Engineering hits upper circuit on winning 2 EPC projects from NHAI Apurva Joshi / Thursday, August 13, 2020 0 6716 Article rating: 3.5 Sadbhav Engineering Limited (SEL) has bagged two new engineering, procurement & construction (EPC) road projects from National Highways Authority of India (NHAI) with a bidding cost of Rs 1,572.30 crore. Both projects are estimated to get completed within 24 months. Read more
5 Most Powerful Candlestick Chart Patterns 5 Most Powerful Candlestick Chart Patterns Ninad Ramdasi / Thursday, August 13, 2020 0 9554 Article rating: 3.8 Candlestick charting is considered one of the most useful charting methods to detect the underlying trends across time horizons. There are numerous candlestick patterns that traders use for different market conditions and trade setups. Karan Bhojwani identifies the top five candlestick patterns that are easy to use and have a better probability of success ratio Read more
Index investing with Axis Nifty 100 Index Fund Index investing with Axis Nifty 100 Index Fund DSIJ Intelligence / Thursday, August 13, 2020 0 2824 Article rating: 2.9 Axis Nifty 100 Index Fund is about to complete one year. So, let’s find out how it has performed till now. Read more
Beaten Down Stocks : Will They Outperform? Beaten Down Stocks : Will They Outperform? Ninad Ramdasi / Thursday, August 13, 2020 0 1425 Article rating: 5.0 The Sensex has recovered almost 46 per cent from its March lows while the BSE Small-Cap index has recovered an impressive 56 per cent and the BSE Mid-Cap index has recovered by 48 per cent. Read more
Data Bank Data Bank Ninad Ramdasi / Thursday, August 13, 2020 0 1378 Article rating: No rating This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download. Read more
Kerbside Kerbside Ninad Ramdasi / Thursday, August 13, 2020 0 1255 Article rating: 5.0 The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation Read more
Defensive To Remain In Limelight Defensive To Remain In Limelight Ninad Ramdasi / Thursday, August 13, 2020 0 1766 Article rating: No rating With the Sensex recovering nearly 50 per cent from its March lows it is becoming a risky proposition for investors and traders to bet on high beta stocks. Low beta stocks could do the trick in the current market situation. Read more
Reviews Reviews Ninad Ramdasi / Thursday, August 13, 2020 0 906 Article rating: No rating In this edition, we have reviewed Pidilite Industries and GAIL (India). We suggest our reader-investors to HOLD in Pidilite Industries and GAIL (India) Read more
IndiaMART InterMESH : Maintaining A Stronghold IndiaMART InterMESH : Maintaining A Stronghold Ninad Ramdasi / Thursday, August 13, 2020 0 1410 Article rating: No rating This section covers a stock which has been in buzz for the past couple of months. Our research team gives you a complete insight of the company along with guidance on the investment decision to be taken at the current juncture. Read more
Query Board Query Board Ninad Ramdasi / Thursday, August 13, 2020 0 958 Article rating: No rating This section gives decisive investment rationales to our subscribers on the stock queries they have raised to our research team. Read more
NIFTY Index Chart Analysis NIFTY Index Chart Analysis Ninad Ramdasi / Thursday, August 13, 2020 0 1083 Article rating: No rating A fortnightly view on Nifty 50 and two investment ideas on the basis of intensive technical analysis in a 15-day horizon. Read more
Recommendations From Computers - Software & Auto Ancillaries Sectors Recommendations From Computers - Software & Auto Ancillaries Sectors Ninad Ramdasi / Thursday, August 13, 2020 0 1654 Article rating: No rating The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Thursday, August 13, 2020 0 1726 Article rating: 3.8 The market opened in green on August 13, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Thursday, August 13, 2020 0 1355 Article rating: 3.8 The market opened in green on August 13, 2020, overall volumes in futures & options currently stand at 2,43,77,404 crore contracts with a turnover of Rs. 16,67,098.85 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Thursday, August 13, 2020 0 1187 Article rating: 3.2 The market opened in green on August 13, 2020, overall volumes in futures & options currently stand at 2,43,77,404 crore contracts with a turnover of Rs. 16,67,098.85 crore. Read more
Recommendation From Mining & Minerals Sector Recommendation From Mining & Minerals Sector Ninad Ramdasi / Thursday, August 13, 2020 0 1311 Article rating: No rating Read more
Recommendations From Infrastructure Sector Recommendations From Infrastructure Sector Ninad Ramdasi / Thursday, August 13, 2020 0 1354 Article rating: No rating This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year. Read more
Fresh Wind In The Sails Fresh Wind In The Sails Ninad Ramdasi / Thursday, August 13, 2020 0 632 Article rating: No rating During the fortnight, global markets remained mixed in the wake of Russia registering the first vaccine for the virus and expectations of a fresh round of stimulus from the US boosting gains in indices. Read more
Sector Recovery Sector Recovery Ninad Ramdasi / Thursday, August 13, 2020 0 904 Article rating: No rating Your coverage of the top 1,000 sectors was very useful for novice investors such as me. Read more
Make the Buoyancy Work in Your Favour Make the Buoyancy Work in Your Favour Ninad Ramdasi / Thursday, August 13, 2020 0 854 Article rating: No rating Against all odds and in contradiction to many a people's expectations, the market is on a roll. Read more
Zydus Cadila launches Remdesivir injection at Rs 2,800 Zydus Cadila launches Remdesivir injection at Rs 2,800 Nidhi Jani / Thursday, August 13, 2020 0 1851 Article rating: 3.5 A few other companies have also launched Remdesivir recently, which includes names like Cipla at a price of Rs 4,000 and Jubilant Life Sciences at Rs 4,700. Further, Dr Reddy is also expecting to launch Remdesivir in August 2020 and it has received a voluntary licence from Gilead Sciences to manufacture and distribute the said drug. Read more
MF Data Bank MF Data Bank Ninad Ramdasi / Thursday, August 13, 2020 0 604 Article rating: No rating Data Bank of top-ranked equity funds based on DSIJ"s proprietary research methodology. Read more
No Shortcuts, Please! No Shortcuts, Please! Ninad Ramdasi / Thursday, August 13, 2020 0 1050 Article rating: No rating Every investor aspires to achieve investment success so as to create wealth over time. Read more
MF QueryBoard MF QueryBoard Ninad Ramdasi / Thursday, August 13, 2020 0 594 Article rating: No rating Readers are requested to send only one query at a time so that more readers get a chance. Have questions relating to any aspect of personal finance. Ask DSIJ at editorial@DSIJ.in and get your queries resolved. Read more
Psychology Of Investing Psychology Of Investing Ninad Ramdasi / Thursday, August 13, 2020 0 758 Article rating: No rating When it comes to investing, a slow but steady approach often helps an individual to win the race Read more
Can Active Funds Still Generate Alpha? Can Active Funds Still Generate Alpha? Ninad Ramdasi / Thursday, August 13, 2020 0 932 Article rating: No rating There has always been a tug of war between active and passive investors. There are dozens of studies carried out around the world that say that it is very difficult for an active fund manager to beat the index consistently. So, does this in any way mean that you should scrap the idea of investing in an actively managed fund? The report provides insights into this issue Read more
Earn Double Digit Returns From Your Funds Earn Double Digit Returns From Your Funds Ninad Ramdasi / Thursday, August 13, 2020 0 671 Article rating: No rating Taking into account the performance of the funds in various categories, we have chosen various sectors and the funds therein that display a very reassuring quality in terms of returns Read more
SGX Nifty hints at bright start for markets SGX Nifty hints at bright start for markets DSIJ Intelligence-3 / Thursday, August 13, 2020 0 1113 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. Read more
Welcome Move by RBI Welcome Move by RBI Ninad Ramdasi / Thursday, August 13, 2020 0 717 Article rating: No rating It is a known fact that equity has always attracted greater attention than its distant cousin bond or debt when it comes to economic growth. The bond market, however, remains a key component of the financial system and its robustness and economic growth are positively correlated. Read more
Franklin India Fund Franklin India Fund Ninad Ramdasi / Thursday, August 13, 2020 0 973 Article rating: No rating I was holding units in Franklin India Ultra Short-Term Bond Fund, which I sold after they wrote off Vodafone Idea paper and before the creation of a segregated portfolio. Am I entitled for segregated portfolio units as this was written off from my holdings? And since this can neither be bought nor sold, should I not get the proceeds? What does the rule say? Read more
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 0 1031 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. Read more
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 0 1288 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. Read more
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 0 1439 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. Read more
CARE Ratings sign MoU with Tresata Inc CARE Ratings sign MoU with Tresata Inc DSIJ Intelligence / Wednesday, August 12, 2020 0 920 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. Read more
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 0 1344 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. Read more
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 0 1221 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. Read more
Top performing value funds Top performing value funds DSIJ Intelligence / Wednesday, August 12, 2020 0 1403 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. Read more
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 0 1939 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 Read more
Is Axis Mutual Fund losing its sheen? Is Axis Mutual Fund losing its sheen? DSIJ Intelligence / Wednesday, August 12, 2020 0 7411 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. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Wednesday, August 12, 2020 0 3411 Article rating: 5.0 The market opened in red on August 12, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Wednesday, August 12, 2020 0 1843 Article rating: 3.9 The market opened in red on August 12, 2020, overall volumes in futures & options currently stand at 1,95,69,107 crore contracts with a turnover of Rs. 13,68,029.32 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Wednesday, August 12, 2020 0 1760 Article rating: 3.6 The market opened in red on August 12, 2020, overall volumes in futures & options currently stand at 1,95,69,107 crore contracts with a turnover of Rs. 13,68,029.32 crore. Read more
India factory output declines 16.6 per cent in June India factory output declines 16.6 per cent in June Nidhi Jani / Wednesday, August 12, 2020 0 938 Article rating: 5.0 With the lower output of manufacturing, mining, and power generation, India's factory output, measured on the basis of Index of Industrial Production (IIP), declined by 16.6 per cent in June 2020. Read more
JMC Projects shines on order win worth Rs 1,363 crore JMC Projects shines on order win worth Rs 1,363 crore Apurva Joshi / Wednesday, August 12, 2020 0 1409 Article rating: 3.3 JMC Projects (India) Limited, a leading civil engineering and EPC company, has bagged new orders worth Rs 1,363 crore. The orders include building projects in South India worth Rs 1,169 crore along with water supply project in Bihar worth Rs 194 crore. Read more
Laurus Labs forms dark cloud cover pattern Laurus Labs forms dark cloud cover pattern Vinayak Gangule / Wednesday, August 12, 2020 0 6664 Article rating: 3.6 On Tuesday, the stock has formed a reversal dark cloud cover candlestick pattern on the daily timeframe. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs at the top of an uptrend. Read more
Indices stare at free fall opening Indices stare at free fall opening DSIJ Intelligence-3 / Wednesday, August 12, 2020 0 829 Article rating: 4.7 After crawling for almost five to six trading sessions in the past, the Indian indices mirroring weak cues from global peers are likely to witness a free fall at the opening bell as at 7:55 am, SGX Nifty was trading down by a staggering 118.5 points at 11,222 levels. Read more
Index trend and stocks in action on August 12, 2020 Index trend and stocks in action on August 12, 2020 DSIJ Intelligence-3 / Wednesday, August 12, 2020 0 627 Article rating: 5.0 If the index moves below 11,280, bears would have an advantage, while above 11,380, the bulls would break the shackles and regain their power. Stocks in news: JMC Projects, KRBL, Hexaware, Eicher Motors. Read more
Top performing pharma stocks in August Top performing pharma stocks in August DSIJ Intelligence / Tuesday, August 11, 2020 0 2342 Article rating: 4.1 The market is inching up by taking cues from the global markets in spite of the surge in the COVID-19 cases. The pharma stocks are rallying, which shows its maximum strength in 2020, so far. Read more
Q1FY21 results: GACL net profit falls by 80 per cent YoY Q1FY21 results: GACL net profit falls by 80 per cent YoY DSIJ Intelligence / Tuesday, August 11, 2020 0 1587 Article rating: 4.6 The consolidated net sales reported in Q1FY21 came in at Rs 469.61 crore, which declined by 37.27 per cent YoY from Rs 748.57 crore in Q1FY20. Read more
Commercial vehicle sales slip 72 per cent: FADA Commercial vehicle sales slip 72 per cent: FADA Amir Shaikh / Tuesday, August 11, 2020 0 1538 Article rating: 4.8 Federation of Automobile Dealers Associations (FADA) in its latest data has shown that the passenger vehicle (PV) retail sales declined by 25.19 per cent to 1,57,373 units in July 2020 as compared to the sales of 2,10,377 units in July 2019 as Coronavirus pandemic continued to impact vehicle offtake Read more
CRISIL reaffirms rating on Jubilant FoodWorks commercial paper programme CRISIL reaffirms rating on Jubilant FoodWorks commercial paper programme DSIJ Intelligence / Tuesday, August 11, 2020 0 1495 Article rating: 5.0 CRISIL has reaffirmed its 'CRISIL A1+' rating on the commercial paper programme of Jubilant FoodWorks Limited. The rating continues to reflect an established market position in the quick-service restaurant (QSR) segment, healthy operating efficiency driven by a robust supply-chain network, and a strong financial risk profile. Read more
Lupin launches new drug in US; stock shows intraday recovery Lupin launches new drug in US; stock shows intraday recovery Pratik Shastri / Tuesday, August 11, 2020 0 1038 Article rating: 3.7 The company also informed that it has launched two products during the quarter in the US market. This has taken the total tally of products to 175 US generics market. Read more
Sensex gains by more than 200 points; IRCTC jumps by nearly 4 per cent; Trent slumps by more than 4 per cent Sensex gains by more than 200 points; IRCTC jumps by nearly 4 per cent; Trent slumps by more than 4 per cent DSIJ Intelligence / Tuesday, August 11, 2020 0 1662 Article rating: 5.0 The Sensex closed today at 38407.01 by gaining 224.93 points or by 0.59 per cent whereas the Nifty registered 52.35 points or 0.46 per cent to settle at 11322.50. The metal, banking stock and pharma stock did well in today’s buying session. Read more
Op-ed: Sabse Pehle Life Insurance Campaign Op-ed: Sabse Pehle Life Insurance Campaign DSIJ Intelligence / Tuesday, August 11, 2020 0 1511 Article rating: 3.1 Like AMFI did campaigning for mutual funds, now even Life Insurance Council has come up with such a campaign for life insurance. Read more
IndiGo to raise up to Rs 4,000 crore via QIP; stock recovers from March low IndiGo to raise up to Rs 4,000 crore via QIP; stock recovers from March low DSIJ Intelligence / Tuesday, August 11, 2020 0 2047 Article rating: 4.8 InterGlobe Aviation, which runs one of India’s most popular airlines IndiGo, announced that the company’s board of directors has approved fundraising of up to Rs 4,000 crore through the issuance of equity shares by way of a qualified institutional placement (QIP). Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Tuesday, August 11, 2020 0 1451 Article rating: 3.6 The market opened in green on August 11, 2020. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Tuesday, August 11, 2020 0 1741 Article rating: 4.7 The market opened in green on August 11, 2020, overall volumes in futures & options currently stand at 1,48,78,121 crore contracts with a turnover of Rs. 10,49,122.07 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Tuesday, August 11, 2020 0 1171 Article rating: 4.5 The market opened in green on August 11, 2020, overall volumes in futures & options currently stand at 1,48,78,121 crore contracts with a turnover of Rs. 10,49,122.07 crore. Read more
Q1FY21 results: Titan Company reports net loss of Rs 297 crore Q1FY21 results: Titan Company reports net loss of Rs 297 crore DSIJ Intelligence / Tuesday, August 11, 2020 0 1487 Article rating: 4.9 The consolidated net sales reported in Q1FY21 came in at Rs 1,979 crore, which declined by 61.58 per cent YoY from Rs 5,151 crore in Q1FY20. Read more
BSE StAR MF achieves positive net equity inflow in July; launches StAR MF Corp Direct BSE StAR MF achieves positive net equity inflow in July; launches StAR MF Corp Direct DSIJ Intelligence / Tuesday, August 11, 2020 0 1055 Article rating: 5.0 BSE StAR MF contributed Rs 653 crore as net equity inflow whereas, the industry experienced a net outflow of Rs 2,480 crore. Read more
Dr Reddy's Laboratories launch generic version of Ciprodex Dr Reddy's Laboratories launch generic version of Ciprodex Amir Shaikh / Tuesday, August 11, 2020 0 1832 Article rating: 4.5 Dr Reddy's Laboratories informed the bourses that along with its US subsidiary, it has launched Ciprofloxacin 0.3 per cent and Dexamethasone 0.1 per cent Otic Suspension, USP, a therapeutic equivalent generic version of Ciprodex Read more
Gufic Lifesciences signs pact with Hetero Labs for Remdesivir lyophilised powder Gufic Lifesciences signs pact with Hetero Labs for Remdesivir lyophilised powder Apurva Joshi / Tuesday, August 11, 2020 1 3174 Article rating: 3.4 Gufic Lifesciences Private Limited (GLPL) has entered into a loan license agreement with Hetero Labs Limited to manufacture and supply Remdesivir lyophilised powder for injection (100 mg/vial) on loan license basis to Hetero for its sale in various countries, including India. Read more