Sensex down by 1 per cent; Airtel, Tata Motors top losers Sensex down by 1 per cent; Airtel, Tata Motors top losers DSIJ Intelligence / Thursday, October 25, 2018 0 1443 Article rating: 5.0 Markets inched lower on Thursday taking cues from global markets. Sensex was down by 1.01 per cent closing at 33,690.09, with only six index stocks managing to close in the green. Read more
Mutual funds, only a returns game? Mutual funds, only a returns game? DSIJ Intelligence / Thursday, October 25, 2018 0 2358 Article rating: 4.5 Many people invest in mutual funds just based on the past performance given by the mutual fund. But doing so may pose serious problems to your overall investment and portfolio. Read on to find out more. Read more
Force Motors reports lacklustre Q2FY19 Force Motors reports lacklustre Q2FY19 Amir Shaikh / Thursday, October 25, 2018 0 3822 Article rating: 5.0 The PAT for the quarter came in at Rs. 39.69 crore, yoy decline of 4.9 per cent. The company’s other income jumped almost 48 per cent to Rs. 13.95 crore from Rs. 9.42 crore in corresponding quarter of last year. Read more
L&T Finance reports tepid Q2 results L&T Finance reports tepid Q2 results DSIJ Intelligence / Thursday, October 25, 2018 0 1143 Article rating: 3.0 L&T Finance Holdings’ Q2 consolidated net profit rose by approximately 65 per cent and came in at Rs. 560.41 crore as against Rs. 337.53 crore in the same quarter of the previous fiscal year. Gross NPA was down to Rs. 6,119 crore, while net NPA was at Rs. 2,296 crore. Read more
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Thursday, October 25, 2018 0 1122 Article rating: 3.3 Following stocks are close to their 52-week low as at 1.10 p.m. on October 25, 2018. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Thursday, October 25, 2018 0 1399 Article rating: 5.0 The markets on October 25, 2018 opened down. BSE Sensex is trading at 33,703.75, down by 330.21 points and the Nifty is trading at 10,127.45, down by 97.30 points. Read more
Data Bank Data Bank Kiran Dhawale / Thursday, October 25, 2018 0 1854 Article rating: No rating Value: Actual cost of the stock assigned by the security issuer and shown in the certificate. Read more
I suppose everything is like the stock market I suppose everything is like the stock market Shruti Jadhav / Thursday, October 25, 2018 0 2031 Article rating: No rating I suppose everything is like the stock market Read more
Reviews Reviews Kiran Dhawale / Thursday, October 25, 2018 0 1468 Article rating: No rating In this edition, we have reviewed Kriti Nutrients and Shriram Transport Finance Company.We suggest our reader-investors to HOLD Kriti Nutrients and Shriram Transport Finance Company Read more
Kerbside Kerbside Kiran Dhawale / Thursday, October 25, 2018 0 1732 Article rating: No rating 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
Bridging The Gap Between Demand And Capacity Utilisation Bridging The Gap Between Demand And Capacity Utilisation Shruti Jadhav / Thursday, October 25, 2018 0 1154 Article rating: No rating Cement stocks are trading at interesting levels at current juncture. Dnyanada Kulkarni find out the growth drivers for the sector and explore investing opportunities in the sector. Read more
Tata Chem to explore cathode chemistries with CSIR Tata Chem to explore cathode chemistries with CSIR DSIJ Intelligence / Thursday, October 25, 2018 0 2164 Article rating: 5.0 Tata Chemicals (TCL) has signed an agreement with a government research institute in Tamil Nadu to explore collaborative technology scaling up of manufacturing of cathode materials for Lithium-ion cells. Read more
Query Board Query Board Kiran Dhawale / Thursday, October 25, 2018 0 3476 Article rating: No rating I have 1250 shares of J K Tyres purchased at Rs 161. Please suggest what to do Read more
Security and Intelligence Services reports mix set of numbers Security and Intelligence Services reports mix set of numbers Amir Shaikh / Thursday, October 25, 2018 0 1627 Article rating: 5.0 Security and Intelligence Services (SIS) reported a mixed set of numbers for the quarter ended on September 2018. The company's consolidated revenue for Q2FY19 was up by almost 16 per cent yoy to Rs. 1,690.2 crore. Read more
Tax Column Tax Column Kiran Dhawale / Thursday, October 25, 2018 0 2192 Article rating: No rating I am an individual. I was told that gift from relatives is exempt and not taxable. I have received a gift of `10 lakh from my cousin brother, i.e. from my mother’s sister’s son. As this was a gift from a relative, I have not offered it to tax in my return for assessment year 2018- 19. Read more
Trackpad Trackpad Kiran Dhawale / Thursday, October 25, 2018 0 1752 Article rating: No rating Construction company, ITD Cementation India has bagged orders worth Rs1,066 crore from Airport Authority of India, Vizhinjam Port, Mumbai Metro and Rail Vikas Nigam. Read more
Strategize Your Wealth-Building Process Strategize Your Wealth-Building Process Kiran Dhawale / Thursday, October 25, 2018 0 1425 Article rating: No rating Allowing greed and fear to cloud your investment decisions can be harmful for your financial health. While greed can take you beyond your defined level of risk, fear stops you from looking beyond traditional investment options. Read more
Bharat Fin reports sound numbers for Q2 Bharat Fin reports sound numbers for Q2 DSIJ Intelligence / Thursday, October 25, 2018 0 665 Article rating: 5.0 Leading micro-financier Bharat Financial Inclusion reports good numbers for Q2FY19, following which the stock was buzzing on the exchange. The company posted a The company registered a 46 per cent YoY growth in Gross Loan Portfolio. Read more
Stick To The Path Of Gains With Pidilite Stick To The Path Of Gains With Pidilite Kiran Dhawale / Thursday, October 25, 2018 0 2861 Article rating: 5.0 Pidilite Industries operates under two chief business segments, namely, branded consumer and bazaar products and industrial products. The former offers products like adhesives, sealants, arts and crafts, and construction and paint chemicals and contributes 84 per cent of the company’s sales. Read more
NIFTY Index Chart Analysis NIFTY Index Chart Analysis Kiran Dhawale / Thursday, October 25, 2018 0 700 Article rating: No rating Indian stock markets continued with their losing streak where the bears washed off the reversal attempt made by the bulls during last week. Read more
Recommendation From Personal Products & Commodity Chemicals Sectors Recommendation From Personal Products & Commodity Chemicals Sectors Kiran Dhawale / Thursday, October 25, 2018 0 1032 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
Debt Investment Planning Debt Investment Planning Kiran Dhawale / Thursday, October 25, 2018 0 1318 Article rating: No rating SIP in Good idea! Debt Funds? Read more
MF Data Bank MF Data Bank Kiran Dhawale / Thursday, October 25, 2018 0 1080 Article rating: No rating The following table lists top-ranked equity funds based on DSIJ's proprietary research methodology. We have evaluated each funds underlying portfolio of stocks and ranked them based on their expected portfolio returns. This way we are also able to rank newly launched funds that are not rated by others due to their short duration of existence. Read more
How NRIs Can Invest In Mutual Funds In India? How NRIs Can Invest In Mutual Funds In India? Kiran Dhawale / Thursday, October 25, 2018 0 1822 Article rating: No rating NRIs who wish to invest in India through mutual funds can do so. DSIJ elaborates on all the aspects involved in such investments Read more
Recommendation From Broadcasting & Cable TV Sectors Recommendation From Broadcasting & Cable TV Sectors Kiran Dhawale / Thursday, October 25, 2018 0 1343 Article rating: No rating 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 Read more
Funda Of Investing In Mutual Funds At Different Life Stages Funda Of Investing In Mutual Funds At Different Life Stages Kiran Dhawale / Thursday, October 25, 2018 0 1792 Article rating: No rating Every life stage has a different need and requirement, and your investment strategy must be designed according to it. DSIJ explains the different life stages and how to invest in these stages. Read more
Recommendation From Commercial Vehicles Sectors Recommendation From Commercial Vehicles Sectors Kiran Dhawale / Thursday, October 25, 2018 0 1587 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
Fund of Fortnight Fund of Fortnight Kiran Dhawale / Thursday, October 25, 2018 0 1177 Article rating: No rating Fund of Fortnight Read more
3 Fund Categories To Buy Now 3 Fund Categories To Buy Now Kiran Dhawale / Thursday, October 25, 2018 0 1652 Article rating: No rating Every market condition creates its own winners and losers. DSIJ takes you through three categories of funds that you can invest in the current volatile market. Read more
Why falling crude oil price is good news for India Why falling crude oil price is good news for India DSIJ Intelligence / Thursday, October 25, 2018 0 9623 Article rating: 4.3 A lower crude oil price helps Indian economy in a various way. It leads to the lowering of inflation and the strengthening of Indian currency. Read more
Letter To Editor Letter To Editor Kiran Dhawale / Thursday, October 25, 2018 0 1573 Article rating: No rating It was a good read as a parent to know about the importance of educating our kids about money and its value. Knowing about finances would definitely help kids understand money matters when they grow up. I look forward to many such insightful readings Read more
Remain Invested Remain Invested Kiran Dhawale / Thursday, October 25, 2018 0 1159 Article rating: No rating Nothing can replace your knowledge. This becomes even more important when it comes to taking your financial decisions. If you are financially wise and can take rational decision, you can generate better returns in every market conditions. Read more
Bulls Await Diwali Crackers Bulls Await Diwali Crackers Kiran Dhawale / Thursday, October 25, 2018 0 1581 Article rating: No rating In a positive for the Indian economy, Brent crude oil prices cooled-off following Saudi’s pledge to fill up the gap in oil output due to Iran sanctions. Read more
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Thursday, October 25, 2018 0 1038 Article rating: 5.0 Overall volumes in futures & options currently stand at 1.59 crore contracts with a turnover of Rs. 13,33,824.38 crore. Read more
Sensex To Climb Higher By Next Diwali! Sensex To Climb Higher By Next Diwali! Shruti Jadhav / Thursday, October 25, 2018 0 3232 Article rating: No rating Global factors coupled with upcoming elections back home are pushing up volatality for the Indian markets. Yogesh Supekar and Shohini Nath explore how the markets have performed from previous Diwali to this Diwali, while the DSIJ research team shares the top picks for this Diwali. Read more
Small-cap & Mid-cap issue Small-cap & Mid-cap issue Kiran Dhawale / Thursday, October 25, 2018 0 3912 Article rating: No rating Two fantastic issues back to back, one is on small-cap and another on mid-cap. Actually, regular readers like me wait for these two issues, more so in turbulent times like these. After all, this is the time to invest in small-cap and mid-cap stocks with excellent fundamentals. Read more
Five stocks with buying interest Five stocks with buying interest Shital Jibhe / Thursday, October 25, 2018 0 1045 Article rating: 5.0 Overall volumes in futures & options currently stand at 1.59 crore contracts with a turnover of Rs. 13,33,824.38 crore. Read more
Markets Are Not For The Faint-Hearted! Markets Are Not For The Faint-Hearted! Kiran Dhawale / Thursday, October 25, 2018 0 1359 Article rating: No rating To start with, I would like to wish you all investors a Happy & Prosperous Diwali. I also take this opportunity to thank you all for being with us all these festive seasons and allowing us to share wealth-creating ideas with you all Read more
Index trend and stocks in action October 25, 2018 Index trend and stocks in action October 25, 2018 DSIJ Intelligence-3 / Thursday, October 25, 2018 0 1284 Article rating: 5.0 On the downside, the zone of 10,012-10,126 is likely to act as a crucial support level for the Nifty and it needs to hold above this zone to avoid fresh weakness creeping in. But failure to hold this support level would open up further correction up to the level of 9952, which is the low registered in the month of March. Stocks in news: Tata Steel, Tata Chemicals, Kilitch Drugs and Jet Airways. Read more
Markets likely to open with a gap-down following negative global cues Markets likely to open with a gap-down following negative global cues DSIJ Intelligence-3 / Thursday, October 25, 2018 0 652 Article rating: 5.0 Indian stocks are likely to witness a gap-down opening as the leads from Asian peers and the Wall Street are disappointing. The Dow closed at its three-month lows in overnight trading and gave away year-to-date gains. Talking about Indian markets, volatility will remain embedded in the markets owing to the expiry of the October derivative series. The SGX Nifty is trading with a loss of over 100 points and indicates Nifty may open around the level of 10,136. Among Nifty 50 companies, Bharti Airtel, Maruti Suzuki, Yes Bank and JSW Steel will be announcing their quarterly earnings today. Read more
Quarterly Results to watch out on October 25, 2018 Quarterly Results to watch out on October 25, 2018 DSIJ Intelligence / Wednesday, October 24, 2018 0 4058 Article rating: 4.0 The following stocks are likely to be in focus in tomorrow’s trading session in light of their Q2FY19 results : BHEL, BIOCON, Dish TV, Force Motors and Yes Bank. Read more
Indigo reports net loss for Q2FY19 Indigo reports net loss for Q2FY19 DSIJ Intelligence / Wednesday, October 24, 2018 0 1064 Article rating: 5.0 Leading airline operator Interglobe Aviation registered net loss Rs. 652 crore in Q2FY19 as against a profit of Rs. 552 crore in the corresponding quarter a year ago. Read more
Bajaj Auto reports strong topline growth Bajaj Auto reports strong topline growth Amir Shaikh / Wednesday, October 24, 2018 0 1640 Article rating: 5.0 Bajaj Auto's consolidated revenue for the quarter came in at Rs. 7,986.79 crore, registering 21.6 per cent yoy increase. During the quarter, the company recorded highest ever volume of 13,39,444 units, while domestic volume stood at 6,92,899 units. Read more
Bharti Airtel to dilute stakes in African unit Bharti Airtel to dilute stakes in African unit DSIJ Intelligence / Wednesday, October 24, 2018 0 1103 Article rating: 5.0 Bharti Airtel will be raising close to US$1.25 billion by selling stakes in its African business. Read more
Cyient, Suntech enter global partnership Cyient, Suntech enter global partnership DSIJ Intelligence / Wednesday, October 24, 2018 0 2092 Article rating: 3.7 Cyient and Suntech have signed a partnership agreement to pursue business opportunities, globally. Shares of Cyient were trading on a positive note during Wednesday's trading session. Read more
Wabag wins Rs. 555 crore order in Qatar Wabag wins Rs. 555 crore order in Qatar DSIJ Intelligence / Wednesday, October 24, 2018 0 1637 Article rating: 5.0 The company bags EPC project from Qatari authority, which is its first major order in that country. The stock was buzzing in Wednesday's trade following this development. Read more
TCS collaborates with Intel, stock up from multi-month low TCS collaborates with Intel, stock up from multi-month low Bhagyashree Vivarekar / Wednesday, October 24, 2018 0 2822 Article rating: 3.0 TCS partnered with Intel to further secure Quartz blockchain solutions. TCS will integrate Intel Software Guard Extensions technology using the aforesaid solutions. After consecutive 5 days of fall including Wednesday's session, the stock has recovered and is trading up by 1 per cent gain. Read more
JSW Steel acquires 60 per cent stake in DMMPL JSW Steel acquires 60 per cent stake in DMMPL Sanket Dewarkar / Wednesday, October 24, 2018 0 2425 Article rating: 5.0 Pursuant to the acquisition of shares of DMMPL, the company is now a wholly-owned subsidiary of JSW Steel, wherein JSW Steel and its nominees hold 100 per cent of the issued and paid-up equity share capital of DMMPL. Read more
Zydus set to buy domestic business of Kraft Heinz Zydus set to buy domestic business of Kraft Heinz Bhagyashree Vivarekar / Wednesday, October 24, 2018 0 3317 Article rating: No rating Zydus Wellness is mulling to buy a part of the Indian business of Kraft Heinz Company. The portfolio includes well-known health drink Complan, instant energy drink Glucon D, Nycil talc, and Sampriti clarified butter. Read more
Mutual Fund Unlocked: Investment for childs education Mutual Fund Unlocked: Investment for childs education DSIJ Intelligence / Wednesday, October 24, 2018 0 1589 Article rating: 5.0 Every parent is worried about their children and they wish to provide them with the best education possible. Such a wish comes at a cost. However, with proper planning and investment, it is possible to achieve the same. Read on to find out more. Read more
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Wednesday, October 24, 2018 0 1552 Article rating: 2.0 Following stocks are close to their 52-week low as at 1.05 p.m. on October 24, 2018. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Wednesday, October 24, 2018 0 1938 Article rating: 2.5 The markets on October 24, 2018 opened up. BSE Sensex is trading at 33,971.70, up by 124.47 points and the Nifty is trading at 10,192.20, up by 45.40 points. Read more
Bajaj Corp reports net profit of Rs. 51.7 crore Bajaj Corp reports net profit of Rs. 51.7 crore Amir Shaikh / Wednesday, October 24, 2018 0 1016 Article rating: 3.0 The company’s market share across the segment improved substantially with chemist market share expanding to 8.4 per cent in second quarter from 7.4 per cent in first quarter of FY19. Read more
Q2FY19 Result: Setco Automotive profit declines 36 per cent Q2FY19 Result: Setco Automotive profit declines 36 per cent Nidhi Jani / Wednesday, October 24, 2018 0 1126 Article rating: 5.0 The PAT for the quarter came in at Rs. 8.8 crore as against Rs. 13.76 crore in the corresponding quarter last year, yoy decline of 36 per cent. This mainly due to decline in other income. Also, jump in effective tax rate from 2 per cent to 43 per cent led to a decline in bottomline. Read more
Q2FY19 Results: Rallis India reports 12 per cent rise in revenue Q2FY19 Results: Rallis India reports 12 per cent rise in revenue Pratik Shastri / Wednesday, October 24, 2018 0 1112 Article rating: 5.0 Rallis India Limited reported its results for the quarter ended September 30, 2018. The company reported revenue growth of 12 per cent YoY. Read more
Ambuja Cement reports PAT increase of 12.7 per cent Ambuja Cement reports PAT increase of 12.7 per cent Pratik Shastri / Wednesday, October 24, 2018 0 2600 Article rating: 5.0 Ambuja Cement Limited reported its results for the quarter ended September 30, 2018. Ambuja Cement's consolidated revenue for the quarter came in at Rs. 6,097.53 crore, registering 11.8 per cent yoy increase. Read more
Zensar Technologies reports 13 per cent increase in PAT Zensar Technologies reports 13 per cent increase in PAT Amir Shaikh / Wednesday, October 24, 2018 0 1716 Article rating: 5.0 Zensar Technologies consolidated revenue for the quarter came in at Rs. 968.71 crores, registering 7.09 per cent QoQ increase. This was primarily driven by growth in across the divisions. Read more
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Wednesday, October 24, 2018 0 1746 Article rating: 5.0 Overall volumes in futures & options currently stand at 1.20 crore contracts with a turnover of Rs. 9,82,263.19 crore. Read more
Five stocks with buying interest Five stocks with buying interest Shital Jibhe / Wednesday, October 24, 2018 0 1087 Article rating: 2.3 Overall volumes in futures & options currently stand at 1.20 crore contracts with a turnover of Rs. 9,82,263.19 crore. Read more
Hi-Tech Gears announces international acquisition Hi-Tech Gears announces international acquisition Bhagyashree Vivarekar / Wednesday, October 24, 2018 0 3058 Article rating: 5.0 Hi-Tech Gears announced creation of a wholly-owned subsidiary at Ontario, Canada, by the name of Neo-Tech Smart Solutions Inc today after market hours. The company bought it for cash consideration of 2.5 lakh Canadian dollars remitted against allotment of 2.5 lakh common shares of 1 Canadian dollar each. Read more
Index trend and stocks in action October 24, 2018 Index trend and stocks in action October 24, 2018 DSIJ Intelligence-3 / Wednesday, October 24, 2018 0 2010 Article rating: 5.0 A move beyond 10,220 would provide a relief rally up to the level of 10,280, followed by 10,340. The 14-period RSI on the daily time frame shows bullish divergence against the price. Stocks in news: Bharti Airtel, Laurus Labs, Salzer Electronics, Sun Pharma, Shalby and DCM Shriram. Read more
Positive opening likely on the back of sharp fall in crude prices Positive opening likely on the back of sharp fall in crude prices DSIJ Intelligence-3 / Wednesday, October 24, 2018 0 738 Article rating: 4.0 Much to our delight, it seems that the Indian markets may witness a positive opening on Wednesday. As the saying goes, someone’s loss is always another’s gain and the sharp fall in crude oil prices is certainly a big positive for the Indian markets. Too much supply combined with demand concerns led to a sharp drop in crude oil prices on Tuesday. The SGX Nifty is trading up by 66 points and indicates that Nifty may open around the level of 10,238. Among Nifty 50 companies, Bajaj Auto, Bharti Infratel, Kotak Mahindra Bank and Wipro will declare their quarterly earnings today. Read more
Ahluwalia Contracts wins Rs. 538.76 crore, share drops Ahluwalia Contracts wins Rs. 538.76 crore, share drops DSIJ Intelligence / Tuesday, October 23, 2018 0 2076 Article rating: 5.0 Ahluwalia Contracts (India) Limited has announced that the company has been awarded Rs. 538.76 crore for a project in Lucknow. Shares of the company dipped below 3 per cent. Read more
Tejas Networks Q2FY19 profit surges by 25 per cent Tejas Networks Q2FY19 profit surges by 25 per cent Nidhi Jani / Tuesday, October 23, 2018 0 3206 Article rating: 5.0 The PAT for the quarter came in at Rs. 33.48 crore as against Rs. 26.87 crore in the corresponding quarter last year, an increase of 25 per cent YoY. This jump in profit was mainly due to sharp decline in effective tax rate to 8 per cent in Q2FY19 from 21 per cent in Q2FY18. Read more
Aksh Optifibre reports good Q2, stock rises Aksh Optifibre reports good Q2, stock rises DSIJ Intelligence / Tuesday, October 23, 2018 0 2628 Article rating: 5.0 The company reported highest ever quarterly profit and turnover, on Tuesday. The stock of Aksh Optifibre closed at Rs. 26.55 per share, up by 3.51 per cent on the BSE exchange. Read more
TVS Motors reports net profit of Rs. 211 crore TVS Motors reports net profit of Rs. 211 crore Amir Shaikh / Tuesday, October 23, 2018 0 1438 Article rating: 1.8 Automaker TVS Motors posted revenue of Rs. 4,994 crore for Q2FY19, registering an increase of almost 22 per cent from the corresponding quarter last year. Read more
GNA Axles PAT rises 52 per cent YoY GNA Axles PAT rises 52 per cent YoY Pratik Shastri / Tuesday, October 23, 2018 0 2722 Article rating: 5.0 GNA Axles Limited Ltd. reported its results for the quarter ended September 30, 2018 during the market hours. GNA Axles Limited standalone revenue for the quarter came in at Rs. 227.24 crore. Read more
Bajaj Finance Q2FY19 profit jumps by 54 per cent Bajaj Finance Q2FY19 profit jumps by 54 per cent Nidhi Jani / Tuesday, October 23, 2018 0 2903 Article rating: 5.0 The NII for the quarter increased by 35.9 per cent yoy and 3.3 per cent qoq to Rs. 2,319.86 crore in Q2FY19 as against Rs. 2,245.54 crore in Q1FY19 and Rs. 1,707.54 crore in Q2FY18. Read more
Are index MFs better than actively managed large-cap MFs? Are index MFs better than actively managed large-cap MFs? DSIJ Intelligence / Tuesday, October 23, 2018 0 1959 Article rating: 5.0 Have you ever wondered if a passively managed index mutual funds can outperform the actively managed large-cap mutual fund? But yes this is possible. Read on to know more. Read more
Sebi brings in more transparency to mutual fund investment Sebi brings in more transparency to mutual fund investment DSIJ Intelligence / Tuesday, October 23, 2018 0 4003 Article rating: 4.3 To add to the ease of investing in mutual funds and bring in more transparency, Sebi scraped upfronting of commissions. Read more
RBL Bank PAT surge 36 per cent yoy RBL Bank PAT surge 36 per cent yoy Amir Shaikh / Tuesday, October 23, 2018 0 2319 Article rating: 2.3 RBL Bank’s net interest income for the second quarter of FY19 surged almost 41 per cent yoy to Rs. 593 crore. Also, core fee income grew by 60 per cent yoy to Rs. 325.24 crore, while other income grew by 38 per cent to Rs. 333.11 crore. Read more
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Tuesday, October 23, 2018 0 2430 Article rating: 3.2 Following stocks are close to their 52-week low as at 12.20 p.m. on October 23, 2018. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Tuesday, October 23, 2018 0 1211 Article rating: 5.0 The markets on October 23, 2018 opened down. BSE Sensex is trading at 33,970.19, down by 164.19 points and the Nifty is trading at 10,178.15, down by 67.10 points. Read more
ITD Cementation bags orders worth Rs. 1,066 crore ITD Cementation bags orders worth Rs. 1,066 crore Amir Shaikh / Tuesday, October 23, 2018 0 2686 Article rating: 3.8 Construction company, ITD Cementation India has bagged orders worth Rs. 1,066 crore from Airport Authority of India, Vizhinjam Port, Mumbai Metro and Rail Vikas Nigam. Read more
Can Fin Homes surges post Q2FY19 numbers Can Fin Homes surges post Q2FY19 numbers Nidhi Jani / Tuesday, October 23, 2018 0 998 Article rating: 5.0 The NII for the quarter increased by 2 per cent yoy and 3.2 per cent qoq to Rs. 103.39 crore in Q2FY19 as against Rs. 126.3 crore in Q1FY19 and Rs. 127.85 crore in Q2FY18. The interest income for the company grew by 12.2 per cent yoy to Rs. 414.2 crore in Q2FY19 vs Rs. 369.24 crore in Q2FY18. Read more
Orient Press asked to shut plant, stock up Orient Press asked to shut plant, stock up DSIJ Intelligence / Tuesday, October 23, 2018 0 2104 Article rating: 4.5 The company informed the exchanges that its manufacturing plant in Boisar, near Mumbai has received an order for closure of the plant from Maharashtra Pollution Control Board (MPCB). Read more
HFCL bags advance purchase order for Rs. 366.36 crore from BSNL HFCL bags advance purchase order for Rs. 366.36 crore from BSNL Pratik Shastri / Tuesday, October 23, 2018 0 2672 Article rating: 5.0 Himachal Futuristic Communications (HFCL), telecom network turnkey implementation company announced that it has received an Advance Purchase Order worth approximately Rs. 366.36 crore from Bharat Sanchar Nigam (BSNL), New Delhi. Read more
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Tuesday, October 23, 2018 0 1574 Article rating: 5.0 Overall volumes in futures & options currently stand at 1.04 crore contracts with a turnover of Rs. 8,71,268 crore. Read more
Five stocks with buying interest Five stocks with buying interest Shital Jibhe / Tuesday, October 23, 2018 0 2684 Article rating: 5.0 Overall volumes in futures & options currently stand at 1.04 crore contracts with a turnover of Rs. 8,71,268 crore. Read more
Index trend and stocks in action October 23, 2018 Index trend and stocks in action October 23, 2018 DSIJ Intelligence-3 / Tuesday, October 23, 2018 0 808 Article rating: 5.0 The opening on Tuesday and the path that the Nifty takes post opening would be crucial as the levels of 10,138-10,200 would be extremely vital to watch out in the event of any vulnerability. Stocks in news: HFCL, ITD Cementation India, Rural Electrification Corporation, Digjam, Syndicate Bank, BHEL and Orient Press. Read more
Markets may open gap-down following negative cues from Asian peers Markets may open gap-down following negative cues from Asian peers DSIJ Intelligence-3 / Tuesday, October 23, 2018 0 559 Article rating: 5.0 The SGX Nifty is trading down by almost 86 points and that could have an impact on the Indian markets even as the Asian peers are deep in the red. The SGX Nifty indicates Nifty may open with deep cut of almost 0.88 per cent around the level of 10,162.50. Among Nifty 50 companies, Adani Ports, Bajaj Finserv, Bajaj Finance and HCL Technologies will report their earnings today. Read more
Oberoi Realty posts strong set of numbers in Q2FY19 Oberoi Realty posts strong set of numbers in Q2FY19 Amir Shaikh / Monday, October 22, 2018 0 1552 Article rating: 2.7 Mumbai based real estate firm, Oberoi Realty’s consolidated revenue for the second quarter of FY19 came in at Rs. 592.11 crore, registering 95.1 per cent yoy increase. Read more
Despite good Q2 numbers Jubilant Life Sciences dips Despite good Q2 numbers Jubilant Life Sciences dips Amir Shaikh / Monday, October 22, 2018 0 1680 Article rating: 5.0 Jubilant Life Sciences’ consolidated revenue for the quarter ended on September 2018 stood at Rs. 2,269 crore, up by 38 per cent YoY. This was led by stellar performance across all the segment, Pharmaceuticals division which account for 58 per cent of revenue recorded 55 per cent yoy growth. Read more
Q2FY19 Results: Inox Leisure reports mixed set of numbers Q2FY19 Results: Inox Leisure reports mixed set of numbers Nidhi Jani / Monday, October 22, 2018 0 1788 Article rating: 5.0 The revenue break-up for the said quarter stood at box office (56.5 per cent), food & beverages (21.5 per cent), advertisement (10.3 per cent) and others (8.5 per cent). The company is having pan India presence with 536 screens in 66 cities. Read more
CCL Products Q2FY19 profit jumps by 41 per cent CCL Products Q2FY19 profit jumps by 41 per cent Nidhi Jani / Monday, October 22, 2018 0 999 Article rating: 5.0 The EBITDA for the quarter rose by 32.5 per cent yoy to Rs. 76.27 crore as against Rs. 57.56 crore in the corresponding quarter last year, with a corresponding margin expansion of 681 bps. Read more
HOEC reports robust revenue growth for second quarter in FY19 HOEC reports robust revenue growth for second quarter in FY19 Pratik Shastri / Monday, October 22, 2018 0 1167 Article rating: 5.0 Hindustan Oil Exploration Company Limited Ltd. reported its results for the quarter ended September 30, 2018. Read more
Mid-cap and Small-cap index slip more than 1 per cent Mid-cap and Small-cap index slip more than 1 per cent DSIJ Intelligence / Monday, October 22, 2018 0 1133 Article rating: 5.0 Mid-cap, Small-cap slip at closing hour of trade on Monday. The benchmark BSE MidCap index was at 13,958.90, down by 99.40 points or 0.71 per cent, while BSE SmallCap closed at 13,804.88, down by 278.04 points or 1.97 per cent. The market seemed spooked by liquidity concerns raised by NBFCs and banks. Read more
Hero MotoCorp launches Destini 125cc scooter Hero MotoCorp launches Destini 125cc scooter Apurva Joshi / Monday, October 22, 2018 0 1438 Article rating: 5.0 Hero MotoCorp, the world’s largest two-wheeler manufacturer, has launched the new Destini 125 scooter, on Monday. This powerful scooter aims to fortify company’s presence in the fast growing 125cc scooter segment. Read more
TCS launches payment solution for banks TCS launches payment solution for banks Bhagyashree Vivarekar / Monday, October 22, 2018 0 1855 Article rating: 5.0 TCS released TCS BaNCS for payments V12 at SIBOS 2018 which will enable banks to unleash innovation, speed and transparency. TCS BaNCS is an application certified on gpi and hence TCS customers who already avail the SWIFT gpi option will receive payments at a greater speed and can maintain end-to-end tracking. Read more
Bhageria Industries to incur capex of Rs. 100 crore Bhageria Industries to incur capex of Rs. 100 crore Amir Shaikh / Monday, October 22, 2018 0 3484 Article rating: 4.7 Bhageria Industries to incur capex of around Rs. 100 crore for backward integration into manufacturing of sulphuric acid at Tarapur, Boisar. Read more
Gayatri Projects bags orders worth Rs 403.96 crore Gayatri Projects bags orders worth Rs 403.96 crore Nidhi Jani / Monday, October 22, 2018 0 1021 Article rating: 4.8 Gayatri Projects, India’s leading pure play EPC company, informed the bourses that it has received three orders amounting to Rs. 403.96 crore from the Bihar State Road Development Corporation. Read more
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Monday, October 22, 2018 0 1610 Article rating: 5.0 Following stocks are close to their 52-week low as at 12.58 p.m. on October 22, 2018. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Monday, October 22, 2018 0 1082 Article rating: 5.0 The markets on October 22, 2018 opened gap down. BSE Sensex is trading at 34,469.20, up by 153.57 points and the Nifty is trading at 10,342.85, up by 39.30 points. Read more
Is investment in gold mutual funds a better option? Is investment in gold mutual funds a better option? DSIJ Intelligence / Monday, October 22, 2018 0 1897 Article rating: 5.0 Are you looking to buy gold or wish to diversify your portfolio further by holding gold? Then gold mutual fund can be one of the options. Read on to find out more about Gold MFs. Read more
Persistent reports muted set of numbers, stock plummets Persistent reports muted set of numbers, stock plummets Amir Shaikh / Monday, October 22, 2018 0 2203 Article rating: 5.0 The company’s revenue for the quarter remained flat at Rs. 835.5 crore as compared to Rs. 834.2 crore in the preceding quarter. Revenue mix by segment, services (43 per cent of total revenue), digital (22 per cent), alliance (29.5 per cent) and Accelerite (5.5 per cent). Read more
Alembic rises as JV company clears USFDA inspection Alembic rises as JV company clears USFDA inspection DSIJ Intelligence / Monday, October 22, 2018 0 1989 Article rating: 5.0 Aleor Dermaceuticals Ltd, a joint venture between Alembic Pharmaceuticals and Orbicular Pharmaceutical Technologies has cleared its first USFDA inspection. Read more
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Monday, October 22, 2018 0 946 Article rating: 3.8 Overall volumes in futures & options currently stand at 98.34 lakh contracts with a turnover of Rs. 8,17,144.32 crore. Read more
Five stocks with buying interest Five stocks with buying interest Shital Jibhe / Monday, October 22, 2018 0 1283 Article rating: 5.0 Overall volumes in futures & options currently stand at 98.34 lakh contracts with a turnover of Rs. 8,17,144.32 crore. Read more
Tejas Networks wins Rs. 111 crore naval order from Sterlite Tech Tejas Networks wins Rs. 111 crore naval order from Sterlite Tech DSIJ Intelligence / Monday, October 22, 2018 0 2436 Article rating: 4.4 The company has bagged a purchase order of Rs. 111 crore for supply of country-wide next generation digital network for the Indian Navy's communication grid. Read more
Index trend and stocks in action October 22, 2018 Index trend and stocks in action October 22, 2018 DSIJ Intelligence-3 / Monday, October 22, 2018 0 1029 Article rating: 5.0 On the upside, the gap area which has been created on the October 19, 2018, is likely to act as a resistance zone (10,380-10,436). Stocks in news: Biocon, Lupin, Piramal Enterprises, Reliance Power, Tata Steel and Jet Airways. Read more