Data Bank

Delhi-headquartered snack food manufacturer, DFM Foods Limited reacted positively to the news of commissioning of its new production line in Noida.

I would like to ask the opinion of the editor on which sectors are likely to benefit from the budget and how should I diversify my portfolio accordingly?
 - Venkat R.

Zydus Cadila has announced the completion of enrolment in Evidences II, Evidences III and Evidences V Phase 3 clinical trials of Saroglitazar Mg for treating Non-Alcoholic SteatoHepatitis (NASH).

L&T Hydrocarbon Engineering (LTHE) was awarded yet another mega project in the Marjan Field by Saudi Aramco. This award is received by the consortium of LTHE with EMAS AMC, which is a subsea 7 company.

Tata Chemicals is considering entry into the lithium-ion battery sector to develop cell chemistries in order to reap benefit from the opportunities arising from the electric vehicles industry in India.

Following stocks are close to their 52-weeks low as at 12:46 p.m. on July 18, 2019.

In this edition, we have reviewed ITC Ltd. and TV18 Broadcast. We suggest our reader-investors to HOLD inITC Ltd. and TV18 Broadcast

The markets on July 18, 2019 opened down. BSE Sensex is trading at 39,082.60, down by 133.04 points and the Nifty is trading at 11,646.60, down by 40.90 points. 

Readers are requested to send only one query at a time so that more readers get a chance. 

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

Government of owned iron ore producer, NMDC Limited published its production and sales data for the month of June. The production for June month was down due to less output from Chhattisgarh mines.

Tranexamic acid injection is used to reduce bleeding in the surgeries like dental surgery and cervical surgery, heavy menstrual bleeding, nose bleeds and bleeding inside the eye.

Individual Taxation 
No change in slab and tax rates. Present rate continue for the next financial year 2019-20.

Mindtree reported consolidated revenue for the quarter came in at Rs. 18.34 crore as compared to Rs. 16.39 crore in Q1FY19, registering an increase of 11.9 per cent YoY, while down 0.3 per cent as compared to March quarter revenue of Rs. 18.39 crore.

Databank of top-ranked equity funds based on DSIJ's proprietary research methodology.

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.

The maiden budget presented by FM Nirmala Sitharaman last fortnight stressed upon the pace infrastructure development in India.

The privatization of electricity distribution in India is speeding up, thereby generating new and lucrative growth opportunities. TPL boasts one of the strongest balance sheets in the private power sector. 

Investing in sector funds can be a double-edged sword, while it helps you to increase your portfolio returns, it may also inflict irreparable damage. DSIJ explains simple strategies that you can adopt to get superior returns. 

Nifty consolidating in counter-trend

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. 

This section gives a recommendation of a stock having stock margin padding price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon

In India, agriculture is the largest source of livelihood. About 70 per cent of India's rural households depend primarily on agriculture for their livelihood, with 82 per cent of the farmers being small and marginal. Agriculture is considered to be the backbone of the Indian economy.

The most important determinant of an investor's long term investment results is composition of assets or asset mix in the investor's portfolio. Statistically speaking, as the investment horizon gets longer, asset allocation emerges as the dominant factor driving investment results. Thus, in any financial planning process, arriving at an appropriate asset allocation is the most important decision variable. 

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

Investing through life insurance products is very common in India. Investors feel that they are getting something more than a life cover. DSIJ answers the question as to whether life insurance should form a part of your investment portfolio or not

High promoter holding stocks were always considered good for investment. However, since the budget announcement, all does not seem to be well with these stocks. Yogesh Supekar , Shohini Nath find out how many stocks are affected if such a decision to bring down the promoter shareholding from 75 per cent to 65 per cent is implemented. Read on..

I enjoyed reading the articles in your magazine, specifically the MF Query Board, which helped me make a right investment decision. In your next issue, can you cover the impact of the latest budget on mutual funds?

As the government drew the roadmap for making India a US$ 5 trillion economy by 2024, the budget earmarked an investment of Rs. 100 lakh crore for infrastructure. The budget provided relief to the realty sector by increasing the cap of interest deductions on loans for affordable housing, while also helping the cashstrapped NBFCs with liquidity

After falling by more than 1,000 points post-budget, Sensex is showing signs of recovery. Recovery is visible right now, whether it will be sustained depends a lot on the earnings season. What is bothering the market is not that there were no great positive triggers for the markets in the budget, but the fact that not much was done on the liquidity front. Bank recapitalisation announced in the budget, while considered a must to boost liquidity in the system, is not seen as a good enough solution for the liquidity issues.

I have a friend who is a firm believer of insurance products. He buys a new insurance policy every year and sometimes even two policies in a year.

Overall volumes in futures & options currently stand at 1,48,79,149 contracts with a turnover of Rs.10,19,816.20 crore.

Overall volumes in futures & options currently stand at 1,48,79,149 contracts with a turnover of Rs.10,19,816.20 crore.

We believe a decisive move above area of 11,725-11,735 would lead to continuation of the current pullback rally towards 11,782-11,800. On the downside, support is seen around 11,620-11,650 region. Stocks in news: Torrent Pharma, DFM Foods, Allahabad Bank, Newgen Software Technologies, Oil India, Nestle.

In early trading, the SGX Nifty is trading lower by 26 points at 11,647 level and the landscape has turned red for the global peers.

Yes Bank reported Q1FY20 results post-market hours on Wednesday. The net profit of the bank stood at Rs. 114 crore during the quarter with a compensating loss of Rs. 1,506.64 crore in the previous quarter and a decline of 90 percent in comparison with previous year.

Oil India Limited (OIL) has won oil & gas blocks under Open Acreage Licensing Policy (OALP) rounds II & III by winning 12 blocks out of 32 blocks. Many leading operators had submitted bids, out of which OIL has emerged as the biggest winner.

The 10-year government bond yield is currently trading at lowest level in last 2.5 years. Read on to find what it means for mutual fund investors and should you go for it now. 

The following stocks would be in focus during Wednesday’s trading session in light of their results announcement: ACC, Colgate-Palmolive, Larsen & Toubro Infotech, Rallis India and Sterlite Technology.

The company posted positive financial results for the June quarter with growth in its net income by 12.6 per cent YoY to Rs. 23.9 billion and EPS was Rs. 3.97 per share which increased by 12.5 per cent YoY, on Wednesday.

The WPI Inflation continued its declining trend as it dropped to 2.02 per cent YoY in June 2019 from 2.45 per cent YoY in May 2019, thereby plummeting to a 23-month low.

The Water and Effluent Treatment Business of Larsen & Toubro (L&T) Construction and Tecton Engineering & Construction LLC, UAE has secured a contract for 100 MLD Desalination plant from Industrial Development Corporation. L&T and Tecton operate as a joint venture company.

The stocks to watch out on July 18 include Jindal Stainless, LTI, Dhanlaxmi Bank, Wipro and Vedanta.

Jindal Stainless Limited (JSL) is launching a nationwide co-branding initiative with Pipes & Tubes (P&T) manufacturers in order to curb its counterfeit products. As per the management's estimates, 25 per cent of pipes and tubes sold annually in India bear the counterfeit branding of JSL.

Annai Infra Developers received a nod from the market watchdog Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). 

Edelweiss Financial Services tanked more than 12 per cent as the market was rife with news that the company is planning to sell stakes in its wealth management business. The company has been losing ground since its received credit ratings downgrades.

Aditya Birla Money Limited (ABML) was buzzing on the bourses following the company's results announcement on Wednesday. The company's net profits in Q1FY20 were up by 73.6 per cent compared to Q1FY19.

Tata Elxsi Limited reported results for the quarter ended June 30, 2019 on Wednesday during market hours. The company's standalone revenue for Q1FY20 came in at Rs. 361.71 crore as against Rs. 382.03 crore in the corresponding quarter last year, registering 5.3 per cent yoy decline.

There are various things that one does to make their family financially secure even in his/her absence. So, what are things that your family should know to avoid problems in your absence? Let’s find out.

NTT Com - Netmagic which is a leading managed hosting and multi-cloud hybrid IT solution provider in India has entered into a partnership with Tata Power to build its first 50 MW Solar Photovoltaic (PV) power plant in Solapur, Maharashtra.

Cox & King informed the bourses that it has defaulted on unsecured commercial paper due on July 15. The gross amount on which default occurred is around Rs. 45 crore.

The defence PSU's order book in FY19 and Q1FY20 is hinting very positive sentiments for the next few quarters. Hyderabad-based public sector enterprise, Bharat Dynamics can be expected to see in hand order size of around Rs. 25,000 crore till FY23.

Larsen & Toubro Infotech (LTI) has entered a definitive agreement to acquire Lymbyc Solutions, a specialist Artificial Intelligence (AI) and machine learning company headquartered in Bangalore.

The index needs to move above the Tuesday session high of 11,670 to maintain the bullish momentum and it may extend its current upmove towards the levels of 11,725-11,735. On the downside, the level of 11,635 would act as an immediate support level for the index. Stocks in news: Tata Power, BHEL, KNR Construction, Sadbhav Infrastructure Project, TCS, NTPC, Vikas WSP.

At the time of writing, the SGX Nifty was trading down by 13 points at the 11,633 level. Results to watch out for include Mindtree, Wipro, Tata Elxsi and Yes Bank.

The stocks that would be in focus during Wednesday’s trading session in light of their results announcement include Aditya Birla Money, Mindtree, Tata Elxsi, Wipro and Yes Bank.

KNR Construction has secured a work order worth Rs. 847.34 crore from Navayuga Engineering Company Limited, Hyderabad on back to back basis for the balance work of Palamuru Rangareddy Lift Irrigation Scheme.

The stocks that are likely to witness significant movement on the bourses on July 17 are PVR, HDFC, NTPC, KNR Constructions and Network18.

The stock of Dabur India Limited gives consolidation breakout on the daily time frame along with relatively higher volumes.

Indian equity markets headed northwards as major stocks from all sectors except IT and Media moved upwards on Tuesday. The BSE Sensex closed at 39,131.04, up by 234.33 points or 0.60 per cent, while Nifty50 closed at 11,661.05, up by 72.70 points or 0.63 per cent.

Following stocks are close to their 52-weeks low as at 1:00 p.m. on July 16, 2019.

The markets on July 16, 2019 opened down. BSE Sensex is trading at 39,044.43, up by 270.13 points and the Nifty is trading at 11,633.05, up by 44.70 points. 

The exports of gems & jewellery sector which witnessed 5.93 per cent YoY decline in the April-May 2019 period continued to face headwinds and June shipments dipped nearly 16.26 per cent.

The e-governance services company is planning to build a large charging footprint alongside its network of Nextgen Vakrangee Kendra outlets spread across the country. Currently, the company has 3,504 Vakrangee Kendras.

Overall volumes in futures & options currently stand at 1,11,09,773 contracts with a turnover of Rs.7,72,268.07 crore.

Overall volumes in futures & options currently stand at 1,11,09,773 contracts with a turnover of Rs.7,72,268.07 crore.

Greaves Cotton has acquired 25,73,529 equity shares of its subsidiary Ampere Vehicles by way of investment through primary and secondary purchase for a total consideration of Rs. 38.49 crore.

Nifty needs to convincingly hold above 11,600-11,650 to provide fresh impetus to the bulls. On the downside, the level of 11,426-11,461 is likely to act as a support for the index. Stocks in news: SBI, NTPC, Ashok Leyland, Greaves Cotton, Capacite Infraprojects, Aditya Birla Fashion.

The outlook for the day is a soft start as cues from Asian peers are not helpful. At the time of writing, the SGX Nifty was trading down by 12 points at 11,574 levels.

The company in its exchange filing said that due to sharp slowdown in disbursement and loan growth post September 2018, the financials of the company have been quite strained for the quarter impacting the overall performance of the year.

Indian ethnic wear is a large segment in the Indian fashion market and with this partnership, ABFRL would further enhance its presence on this segment.

JB Chemicals & Pharmaceuticals has entered into a Memorandum of Understanding (MoU) with Greenscape Builders & Developers. Shares of the company however closed on a negative note.

The stock of Gujarat State Petronet Limited (GSPL) has given downward sloping trendline breakout on the daily scale formed by connecting swing highs from August 8, 2018.

ICICI Securities Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

US Food and Drug Administration (USFDA) has completed the inspection at Natco Pharma’s Chennai unit. The shares of the company rose almost 2 per cent on the back of the news in the early trade but failed to sustain the gains and fell in the afternoon session.

The stocks to watch out on July 16 include Aditya Birla Fashion and Retail, J. B. Chemicals, Greaves Cotton, Ashok Leyland and DHFL.

The fund deployment data from SEBI shows that MFs have increased their stake in banks while reducing their holdings in the petroleum product sector.

Following stocks are close to their 52-weeks low as at 2:22 p.m. on July 15, 2019.

The markets on July 15, 2019 opened gap up. BSE Sensex is trading at 38,898.87, up by 162.64 points and the Nifty is trading at 11,587.75, up by 35.25 points. 

The companies like IndusInd and Avenue Supermarts reported a strong set of sales numbers while CCL Product’s net sales dipped 7 per cent YoY. Further, Delta Corp and Hathyway Cable showed flat and marginal growth, respectively.

Retirement is something which is that phase of life where there is limited income. So, what are some of the costly mistakes of retirement that you should avoid?

The steel giant reported 20 per cent YoY increase in production in Q1FY20 as the company consolidated Bhushan Steel's (BSL) numbers for the full quarter. Tata Steel also reported higher capacity utilisation at Tata Steel standalone as well as Tata Steel BSL.

Overall volumes in futures & options currently stand at 1,06,80,015 contracts with a turnover of Rs. 7,56,685.48 crore.

Overall volumes in futures & options currently stand at 1,06,80,015 contracts with a turnover of Rs. 7,56,685.48 crore.

BHEL has received an order for setting up a 25 MW Floating Solar Photovoltaic (SPV) power plant on Engineering, Procurement and Construction (EPC) basis in Simhadri in Andhra Pradesh. The order has been valued at more than Rs. 100 crore.

The facility had received six observations and was classified as ‘OAI’ (Official Action Indicated’) in March 2019. The company responded to these observations with a detailed remediation plan, the implementation of which is still on-going.

Sun Pharma launched Ezallor Sprinkle (rosuvastatin) capsules in the US market to treat three kinds of elevated lipid disorders for people who have difficulty in swallowing. It is the first and only FDA-approved sprinkle formulation of rosuvastatin capsules.

The stock of Infosys was buzzing in Monday's morning session after reporting a good set of numbers for the June quarter. The company's Q1FY20 results indicated positive revenue guidance.

The stock of Kolte-Patil Developers Ltd has given falling wedge pattern breakout on the weekly time frame.

The stock of Century Textiles & Industries Ltd has formed a Three Inside Up candlestick pattern on the daily scale.

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.

The Indian markets are expected to begin the week on a flat to positive note as the SGX Nifty was trading higher by 24 points at 11,571 level.

The stocks to look out for on July 15 include Laurus Labs, Tata Communications, TVS Motor Company, Quess Corp and Infosys.

New Fund Offers (NFOs) that are open for subscription.

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.

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.

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.

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.