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PM'S SWACHH BHARAT BROOM SWEEPS AWAY ROT IN ONE STROKE!

about 10 years ago

Kudos to our PM, Narendra Modi. This internal 'surgical strike' against black money is a very bold move; it required tremendous amount of courage because in many ways it was hitting out against the very people who could have funded his elections and his party. This is a remarkable, out-of-the-box way to try and bring down black money in one sweeping stroke. It also gives one the dual advantage of putting an end, once and for all to this menace of counterfeit notes,

ROUND ONE - MSMEs BIGGEST GAINERS

about 7 years ago

The FM stated right at the outset that there will be 15 measures of which 6 will be for MSMEs, 2 each for Employee Provident Funds, NBFCs and MFIs; one each for discoms, realty and contractors and lastly, 3 tax related.

Two listings - one tepid, one bumper!

about 9 years ago

There were two listings today of which one was disappointing and another had a bumper listing. Bharat Road Networks had a very muted listing. As against the IPO price of Rs.205 and it got listed on the BSE at the same price – Rs.204.90.

DLF sells one more property

about 11 years ago

DLF, which is on an asset selling spree to bring down its debt, managed to sell one more. This time it is selling its shopping mall in Saket, Delhi for Rs.940 crore. This is being sold to Nambi Buildwell Pvt. Ltd, on an arm’s length basis, also includes the sale of the land parcel on which ...

FARM LOAN WAIVER SCAM - ONE MORE WORM OUT OF THE ROTTING CAN

about 14 years ago

The headlines shouted out, "Comptroller and Auditor General has found prima facie evidence of tampering, overwriting and alteration of records in the Agricultural Debt Waiver and Debt Relief Scheme of 2008." And apart from the opposition parties in the Parliament, no one seems to be bothered.

One Mobikwik Systems

about 2 years ago

One More Trap of Investors
Subscription Start Date :11 Dec 2024 End Date :13 Dec 2024
Issue Size : Rs. 572 cr, Issue Type : Fresh Issue
Price Band : Rs.265 to Rs. 279
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Overall Subscription : 119.38x
QIB : 119.5x,HNI :108.95x,Retail :134.67x
Listing Date : 18 Dec 2024, , Listing Price : 440

THE STORY OF ONE SHARE…

about 6 years ago

With the weekend as on us, which in today’s time has no meaning as majority of us work from home; yet, at least the markets are closed! So, to get your mind off the pandemic, the ‘murder mystery’ of SSR and markets, here is a little but very interesting story of the an “outsider” shareholder, holding just one share in the prized mulch cow, Tata Sons.

ONE NATION, SO MANY CARDS!!

about 6 years ago

And here we all thought the Govt, shaken up by the pandemic, finally came to realise that it needs to spend more on health care. Yes, it will spend more but on making these new cards all over again. So, one more linkage to Aadhaar will soon happen after Pan.

Two listings - one premium, one discount

about 11 months ago

There were two new listings today – one through the primary market – Studds Accessories and another on account of restructuring -Piramal Finance. One at a discount and another at a premium

DVRs – NO ONE IS GIVING THIS CATEGORY THE GOLDEN GLOBE!!

about 9 years ago

Why would we buy a DVR when we can get the shares, albeit at a higher price but with the assurance of a better dividend and power to vote if anything is going wrong in the company? Also with Nifty excluding Tata Motors DVR, the writing on the wall is that maybe one day, BSE might do the same. Thus at this point of time, no one is truly giving a thumbs up to DVRs.

BRANDS – THIS ONE REPRESENTS INDIA INC’S HISTORY

about 9 years ago

It’s a holiday mood all around as school and colleges are closed and the year is coming to an end. The mood is festive and celebratory and hopeful; no one wants to get into some serious thinking as the overall mood is light. No cerebral pressure and no taxing the grey matter. So here is a breezy and ‘light’ article; another one down the memory lane. Sometimes it is necessary to look back to know how far ahead we have come.

ONE MARKET – HUNDRED’S OF REASONS!!

about 8 years ago

Where were these reasons yesterday? he markets are so volatile, it has become a joke to actually look out for reasons as to why the market is falling or rising.

PM'S PRESS CONFERENCE - 'SING'H A TUNE WHICH NO ONE QUIET LIKES

about 13 years ago

The good part is that the PM stuck to his achievements, successes; at least he did not get into obvious self congratulatory rhetorics. He maintained a dignity befitting a leader and that is something we should always remember this PM for and maybe the other 'aspiring' leaders should learn from

A-One Steels

about 22 days ago

Volatile Financials
Subscription Start Date :24 Sep 2026 End Date :28 Sep 2026
Issue Size : Rs. 405 cr, Issue Type : Fresh cum OFS
Price Band : Rs.385 to Rs. 405
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Overall Subscription : 11.6x
QIB : 7.3x,HNI :24.5x,Retail :8.6x,Other :4.87x
Listing Date : 1 Oct 2026, , Listing Price : 455

CHEVROLET LEAVING INDIA – ONE CAR LESS ON THE CONGESTED ROADS!

about 10 years ago

Travel on the roads of Indian cities, it is only Maruti that you see all around and then we also see a fairly large number of Honda’s, Mahindra, Hyundai and quite a large number of Skoda’s too. You see many brands but very rare is the sight of a Chevrolet, from the stables of General Motors (GM).

Angel One - devil is in the numbers

about 11 months ago

The stock opened lower at Rs 2,794 versus a previous close of Rs 2,813.35, slipped to an intraday low of Rs 2,643.90 and was trading near a VWAP of about Rs 2,681,

PMC BANK SAGA – TWO STATES, ONE BIG MESS

about 7 years ago

There is so much panic! The RBI placed the Punjab and Maharashtra Cooperative (PMC) under regulatory restrictions for six months, effective 23rd September. If you are an account holder with this bank, there aren’t many choices left.

WISH LIST TO SANTA CLAUS - FULFILLING EVEN ONE WILL DO!

about 12 years ago

This is the busiest time of the year for you and you must off on your travels. I know we are a "little" grown up to ask you for gifts but when times are bad, people latch on to even a blade of grass for support. And we seek some solace from you. Children all around the world send you a wish list and we thought we will also ask for some 'gifts' which can make our life in India much better.

Angel One

about 6 years ago

Verdict :Surging stock indices make it a ‘short-term angel’
Subscription Start Date :22 Sep 2020 End Date :24 Sep 2020
Issue Size : 600 crore, Issue Type : Fresh cum OFS
Price Band : Rs.305 to Rs. 306
--------------------------------------------------
Overall Subscription : 3.94x
QIB : 5.74x,HNI :0.69x,Retail :4.31x
Listing Date : 5 Oct 2020, , Listing Price : 275

BHEL - CAN ONE GO CONTRARION?

about 14 years ago

This PSU capital goods leader of India has been hitting new lows and even now, it is languishing near its 52-week low of Rs.174.50.

RBI POLICY – THIS ONE IS NOT ABOUT INTEREST RATES!

about 7 years ago

More than the actual policy statement, the additional Statement on Developmental and Regulatory Policies was the moot – it was almost like a mini-Budget, with the RBI finally stepping up with sops for the realty, auto and MSMEs. Like the odd 35 bps rate cut, RBI Governor, Shaktikanta Das has once again showed that he does the unexpected and loves to spring surprises!

POTHOLES AND FLOODS – NO ONE CAN PREDICT WHEN THESE WILL HIT YOU!

about 9 years ago

The difference could not have been exposed any wider. Our IMD, supposedly equipped with the latest technology now could not predict the deluge which hit Mumbai yesterday. So what kind of development and growth are we talking about? Economic growth is all that we focus on – GDP, IIP, Inflation. All just statistics if we still do not have the expertise to predict the weather.

Angel One down 7%

about 3 years ago

The stock, opening 6% lower at Rs.1605, the stock price plummeted down to Rs.1585, falling more than 7%. Its 52-week low is at Rs.1000.

Two listings - one premium, one discount

about 1 year ago

GK Energy did well given the market moods. As against the IPO price of Rs.153, the stock got listed on the BSE at Rs.165 and rose to an intraday high at Rs.175.95.

TWO INFLATIONS – ONE HEADING NORTH, ANOTHER SOUTH

about 6 years ago

Common sense says that when retail inflation or CPI is high, the price in the Wholesale market (WPI) has to also be high as that’s where good come from, isn’t it? But in economics, common sense does not always work. What we have observed most of the times is that they both move in completely opposite direction

Hotel Leela hits one more 20% UC

about 8 years ago

Last Thursday, 22nd Nov, Hotel Leela had hit a new low at Rs.8.61 and starting Monday, it has consistently been hitting the 20% UC.

BPCL - A pricey pick for potential acquirer

about 6 years ago

One Lion is enough with determination, instead of having 10 herd in any acquisition.

Our Market Gossips - Seen Having Serious Contents

about 5 years ago

Market is futuristic and if one can lay hands on such news ahead of others, they will only make killing in the market.

After Air India, all eyes will now be on BPCL

about 5 years ago

As they say, Actions Speak Louder than Words; and this one from GoI, will clearly be noticed by all - in India and outside.

Airtel-RE - Is it expensive now?

about 5 years ago

Buying Airtel-RE may not be rewarding, especially if one has ability to buy in cash.

Caution On Commodity Stocks Seen Ahead

about 5 years ago

Hence, poison for one person, is seen food of other one. No meaning in painting all commodity with same brush.

Bank Of Maharashtra - Virtually No Retail Float

about 5 years ago

One MF Fund Manager was saying that “Low float can make share to rise to 45 levels in this month”.

Jain Irrigation - Getting Fertile

about 5 years ago

All 3 Business Verticals of the company, viz. Micro Irrigation, PVC Pipe and Agri Processing, each one is having worth and valuation potentials of many companies listed on BSE & NSE, engaged only in each of these verticals.

SAIL - Best Steel Stock seeing no BUY call

about 6 years ago

SAIL is one of the largest steel making company, with a capacity of over 15 MTPA, with five integrated plants at Bhilai, Bokaro, Rourkela, Durgapur and IISCO

Vedanta - Informed circles are keeping share price low?

about 6 years ago

If one artificially make any share to rule low or high, it can not remain there for a long time.

CG Power - Upper Circuit attracts more buyer

about 6 years ago

One more lesson, respect and have conviction in your call, be honest with the stock and aim to make wealth and not profits.

Shriram Transport - ST gains are higher than LT profits

about 6 years ago

One must not get married to its stocks held, as we are not promoter of the company, or should not get greedy with rising stock, and get fearful in case of fall

CG Power Q2 Results: 4-5 year Target met in 1 year

about 5 years ago

While the 120 year old Rs. 40,000 cr Murugappa Group from South India is well-known for its conservative approach, but this sort of over-delivery is truly exemplary, and is one of the fastest turnaround witnessed in recent corporate history.

Tata Motors - December Monthly sales - Dhoondhate rah jaoge

about 6 years ago

One can not expect such confusing release from TATA stable

Thangamayil at 10% LC, again

about 3 months ago

The stock was one again locked at the 10% lower circuit today, falling to Rs. 5,233.80, down Rs. 581.50 from its previous close of Rs. 5,815.30. The stock opened weak at Rs. 5,451.05 and slipped to the lower circuit, with the exchange also flagging a volume spurt of more than 2.58 times

IRCTC: 50% Fee Share

about 5 years ago

IRCTC has been one of the best PSU wealth creators. Sadly, that has just been undone!

BUDGET FY23 – HARNESSING THE ANIMAL POWER OF PVT SECTOR!

about 5 years ago

The Budget began as usual, almost like a tradition, with the FM telling us about the achievements made in the fiscal though this time around, poetry was sadly missing though there was a quoted from the Mahabharata. Thankfully, despite so many important states going into election, it did not have giveaways and sops. It stayed on course and one can even call it ‘non-populistic.’ It’s a bold and pragmatic budget.

BAND, BAAJA AND BAARAT ARE BACK

about 5 years ago

Asha is getting married on the 18th of Dec. She herself is a doctor by profession and so is her would-be husband. They were to get married last year but due to Covid and their own duties at hospitals, postponed it to 2021-year end. One would think that being doctors, they would have a very small wedding. Nope. They are going the whole nine yards, with four-day functions

‘TIPS’ – WHERE GREED SUPERSEDES INTELLECT

about 5 years ago

Somehow the lure and greed to buy ‘penny’ stock never ends. This is one thing which has no generational gap – for years and years, the need to grow rich fast by putting little money remains intact. Take a look at stocks which have hit a 52-week high today; its 12-pages long. Traders seem to have run out of ideas to invest and once again, we all are inundated with ‘messages’ which urge us to buy a stock

DEAR SANTA

about 5 years ago

You must be inundated with “wish lists” from children all around the world; maybe the list has grown longer as Covid has made many more children poorer and hungrier. Grown-ups have no one really to send their wish-list to but here, you being kind-hearted and compassionate, we thought we will also take a chance and send you our wish-list. Take a look and if you can fulfill even half of it, it will change our world.

2021 ENDS – BRINGS HOPE OF A HISTORIC 2022

about 5 years ago

2021 is finally on its way out. It was better than the forgettable year of 2020 but the threat of the virus remains high and the country is once again on high alert. If 2020 was probably one of the toughest years for mankind in recent times, 2021 is about the spirit of the human endeavor.

TU TU MAIN MAIN - ALL OVER BHARAT

about 5 years ago

Interestingly, while Kotak refused funding to Grover for Nykaa, it did provide funds to Suhail Sameer, CEO of BharatPe. This is what makes one wonder what happened between the two at the last moment? Why did things go so sour? Grover is an ex-Kotak employee. His LinkedIn profile shows that he was VP Investment Banking of Kotak from 2006 to 2013. Even after leaving Kotak, he chose Kotak for managing his personal wealth.

HIGH IQ = HIGH MARKET RETURNS?

about 5 years ago

The underlying lesson here – the stock markets still crumble the way they did 300 years ago and geniuses during each era make errors and those mistakes matter, because we all continue to repeat the same mistakes, over and over again. Forgetfulness is only one of the reasons bubbles happen again and again.

CRUDE – OUR POCKETS AND ECONOMY TO GET CHEWED!

about 5 years ago

Two years ago, we were looking at crude oil prices at $20/barrel and oil producing countries were crying barrels of tears. Today, they are a mighty happy lot what with crude nearing the three digit, $100/barrel mark. There is talk of $115, $114 and more such numbers doing the rounds. No one at this point of time is taking a call on the Sensex or the Nifty as all seem to have become busy plotting crude oil and the rupee’s trajectory.

Another Tata entity lists

about 11 months ago

There was a new listing today and not an IPO one but a consequence of a restructuring. Shares of Tata Motors’ commercial vehicle business debuted strongly today

4 new listings today!

about 16 days ago

Four mainboard IPOs listed on Wednesday, September 30, with the day clearly split between one blockbuster listing, one moderate debut and two weak-to-muted listings. Adroit Industries was the standout, listing at a huge premium, while Swastika Infra delivered modest gains.

UPI stocks in focus

about 1 month ago

On the BSE, Paytm was trading at Rs. 1,738.95, up 0.45%, after opening sharply higher at Rs. 1,829.35 and touching a fresh 52-week high of Rs. 1,856.50. One MobiKwik, however, gave up its early gains and was trading at Rs. 197.35, down 2.28%, after opening at Rs. 213.35 and touching an intraday high of Rs. 214.00.

Behari Lal and Shiprocket list at premium

about 2 months ago

Two new listings today; one had a fantabulous one as was expected and the other one too got listed at a premium but more muted compared to the first. But the bottomline – despite the market being in red, two debutantes made am entry at a premium.

RHI Magnesita top loser

about 1 year ago

The stock declined sharply in Wednesday’s session, sliding as much as 7% intraday to around Rs.685, emerging as one of the top losers on the NSE.

Wipro in focus

about 6 months ago

The stock opened sharply higher (around Rs. 208.7 versus a prior close near Rs. 202.9) and was trading near Rs. 206–207 in early deals, even as the broader Nifty IT pack was weak, making Wipro one of the few names showing relative strength on the day.

Corona up, Wakefit down

about 10 months ago

Two IPOs debuted today with completely contrasting outcomes — one at a sharp premium, the other at a discount.

Emmvee muted, Physicswallah exuberant

about 11 months ago

Two contrasting listings marked the market mood today — one flat, one exuberant — offering a telling snapshot of investor behaviour in India’s IPO market.

AMCs spooked by SEBI

about 12 months ago

Stocks down in the red - HDFC Asset Management Co., Nippon Life India, Motilal Oswal Financial Services, 360 ONE WAM, Nuvama Wealth Management, Aditya Birla Sun Life AMC. T

Kalyan Jewellers shining bright

about 2 years ago

The stock is one big newsmaker today, figuring among the top five gainers on the BSE since the opening bell. Opening 4.5% higher at Rs.572, the stock hit an intraday high at Rs.589, up 7.5%.

Two dull listings

about 1 year ago

Two new listings today – one was dull and the other was even more dull. Fabtech Tech got listed at Rs.192 v/s IPO price of Rs.191 and is now trading at Rs.181.55.

Reliance Capital on LC, again

about 7 years ago

On one hand, elder brother’s stock is hitting historical new highs and younger one is consistently locked in lower circuits. Reliance Capital was locked at the 5% LC yesterday at Rs.19 and today too,

Two new listings

about 6 years ago

There were two new listings today, both Govt of which one got listed at a discount and one at a premium.

HCL Tech at new high

about 6 years ago

The stock is one bright star today morning. The stock jumped up over 7.5% to hit a new 52-week high at Rs.776.55.

Tata Power lights up

about 6 years ago

The stock is one of the better performers on the bourses today, rising over 8.5% to Rs.57.85, which is not too far from its 10% UC of the day at Rs.58.20.

ICICI and Yes Bank rise

about 6 years ago

Both the bank stocks are up on fund raising plans , with one announcing a Rs.15k crore FPO.

Tata Motors back on roads

about 6 years ago

The stock has been gaining over the past one week and today it opened almost 4% higher at Rs.100, going up over 5% to an intraday high

Ipca Labs at new high

about 7 years ago

In the market carnage, this is one stock which has hit a 52-week high at Rs.1615.17, a jump of over 17%.

Aurobindo Pharma relapses

about 7 years ago

This flip-flop attitude of the FDA is impacting the shareholders negatively as one can see from the stock price – it is currently the top loser on the BSE; from its close of Rs.599.55 on Thursday

Atul Auto spurts ahead

about 7 years ago

In this gloom and doom surrounding the auto stocks, Atul Auto is one bright star on the horizon today. Rising up almost 9.5% to Rs.247,

Banks in focus

about 6 years ago

The top gainers currently are Equitas, Ujjivan, IDFC and J&K Bank. More than NBFCs, these smaller banks are in the limelight as one of the proposals

IndusInd Bank "bulls" missing!

about 7 years ago

Despite issuing clarifications, IndusInd Bank remains a big loser. Over the last three trading sessions, it has lost over 14%. Today, at one point, it did rise over 2.3% to Rs.1413.80 but soon slipped back into the red

Petronet LNG on roller-coaster ride

about 7 years ago

Petronet LNG is having one roller-coaster ride today. Reacting to the Houston speech where the company was named by Trump as having signed a $2.5 billion MoU, the stock hit the 15% UC at Rs.293.50 and went on to hit a new 52-week high at R.302. But after that it slipped,

Somany Ceramics hits 20% LC

about 7 years ago

Somany Ceramics hit the 20% LC at Rs.228.80 within minutes of opening as one of its borrowers has defaulted on its payment and this has could have repercussions on its earnings.

Premier has volatile day

about 7 years ago

Premier Ltd is most certainly one of the most volatile stocks traded today. Clocking volumes of over 9 times, the stock price hit the 5% UC at Rs.3.24 and LC too at Rs.2.94; all in the same day.

Sandhar Tech cheers and falls

about 7 years ago

Sandhar Technologies is having one volatile run today. The stock, which closed yesterday at Rs.268.65, opened higher at Rs.272.40 but soon profit booking at this level, pushed down the stock into the red

KPR Mills falls on buyback withdrawal

about 7 years ago

KPR Mills is one of the top five losers on the BSE since morning. Volumes have jumped up over 19 times. The stock has fallen after 3 days of consecutive gain.

Sobha slips as ban threat looms

about 7 years ago

Sobha is one of the top five losers on the BSE since the opening bell. The stock opened with a loss of 3.5% at Rs.526.50 and went on to hit an intraday low at Rs.510.35

GE Power on a new low

about 6 years ago

GE Power has been among one of the worst performing stocks for over a month now. From its 52-week high of Rs.827 hit on 14th Feb’20, it is down today, hitting a new 12-year low at Rs.209.

Tata Motors back on roads

about 6 years ago

The stock is one big gainer today, going up o er 5% to Rs.184.85, less than Rs,10 from its 10% UC of the day

Aayush says, “All is well!”

about 1 year ago

In this market which has currently crashed over 600 points, one small cap has hit its 2% UC and there are over 19 lakh pending buy orders on the counter.

Titan clocks bad timing

about 4 years ago

The stock is down in the red today morning; slipping over 2.5% to an intraday low at Rs.2470.70, a one month low. Its 52-week low is at Rs.1827.15

National Fittings at a new high

about 10 years ago

National Fittings is a BSE group 'XD' stock is not a PSU as the name might suggest. The company is an EOU, making complete range pipes, fittings and ball valves in stainless and carbon steels and grooved couplings and fittings from SG Iron Castings. Its market cap stands at Rs.225 crore, ...

Waaree brighter than Deepak

about 2 years ago

Two new listings on the bourses today. First, the one which is doing exceedingly well - Waaree Energies. As against the IPO price of Rs.1503, the stock got listed at Rs.2550,

Bondada Eng at new high and 5% UC

about 2 years ago

This is one loud buzzing stock today; from its close of Rs.3509, it opened itself at its 5% UC of the day at Rs.3684.45, a new 52-week high, where it stays locked.

Bandhan Bank brings cheer

about 2 years ago

The Bank is one big gainer on the BSE since the opening bell today morning. From its close of Rs.192.45, it opened much higher at Rs.203.80 and went on to hit an intraday high at Rs.215.50

Indus Towers in news

about 2 years ago

The stock is one big newsmaker today morning. From its close of Rs.343.90, the stock slipped down almost 7% to hit an intraday low at Rs.320.60.

Two new debutants

about 3 years ago

Two new listings today - one got listed at a premium and the other at status quo. First, Happy Forgings. As against the IPO price of Rs.850, it got listed on the BSE at Rs.1001.25

Jupiter Life jumps

about 3 years ago

Today there was one more fantastic listing; the stock, as against the IPO price of Rs.735, the stock got listed at Rs.973, a premium of 32%.

Salasar Techno hits new high

about 4 years ago

The stock is one bright star on the Street today. The stock, which had closed yesterday at Rs.52.05, rose on to hit a new 52-week high today at Rs.58.

KEC International up 5%

about 6 years ago

The stock opened itself 5% higher at Rs.469, just 3.5% lower than its 52-week high of Rs.486.45. In one year’s time, the stock has been a major gainer, rising almost 150%.

Steel stocks lead losers

about 4 years ago

The BSE Metal index hit a new low today and of the 10 stocks tracked, only one stock, Hind Zinc is in the green; rest all are in the red.

HAL soars to new high

about 4 years ago

Since then, in this one week, the stock has gained over 18% and today it went on to hit a new high at Rs.1785.85.

Fino Payments tepid listing

about 5 years ago

After the blockbuster listing of Nykaa, this one got listed at a discount at Rs.548 v/s issue price of Rs.577 per share on the BSE.

Sansera Eng lists at premium

about 5 years ago

There is a new listing today and it was a good one too. As against the IPO price of Rs.744, it got listed on the BSE at Rs.811.35

Ami and Vijaya gets listed

about 5 years ago

Two new listings today, with one getting listed at a much higher premium and the other, just about listing at a premium.

Its "listing" day!

about 5 years ago

There is a like a flood of new listings today – four new stocks on one day; a record of sorts! The best listing, as expected was from Devyani International

Rupa & Co fits well!

about 5 years ago

The stock is having a field day; a well deserved one after the earnings of Q4FY21. The stock opened itself 15% higher at Rs.457 and went on to hit a new high at Rs.474.75

Flair writes entry with flair!

about 3 years ago

A brand new listing today and like the others this week, this one too was great. As against the IPO price of Rs.304, the stock got listed on the BSE at Rs.503, a 65% premium.

TEXTILE SECTOR – WELL-SUITED!

about 5 years ago

And all over, we have people asking us whether textiles will be the renewed sunrise sector to follow? Well, this is undoubtedly one of the most favoured sectors currently and there are short term reasonings and long term reasons too.

DURGA, RAM, SANTA - ALL TO THE RESCUE

about 5 years ago

Well, on one hand we see employment picking up slowly but surely and on the other, we will see pay hikes and consumer spending is also expected to go up. This indicates that the economy and the overall sentiments are indeed on the upswing. This quarter, Q3FY22 will be the make-it-or-break-it for many sectors as maximum festive buying..

LET'S GO THE ‘XI’ WAY

about 7 years ago

You go anywhere, talk to most and the debate almost always comes to CAB and NRC. And then at the root of everything, everyone agrees on one aspect – nothing is being done to either revive the economy or create employment opportunities.

DIWALI DHAMAKA - EXPECTATION OF ‘BONANZA GIFTS’ RISES!!

about 7 years ago

No one expected that all of a sudden, the despondent moods would do a complete 180 degrees turn and rise almost 670 points. The Sensex was so close to the 40,000-mark; it was a pretty anxious moment to see whether or not it rises over the intraday high of 39,917, just another 83 points and it would have been 40,000

FED CUTS RATE – NOW FOR A LONG PAUSE

about 7 years ago

This third rate cut marks the end of any more rate cuts for 2019. There will be one more Fed meet in December but as was indicated earlier on itself, the Fed kept its target of 3 rate cuts this year and its pretty much done for now!

IIP CONTRACTS AGAIN – ARE WE AT THE BOTTOM YET?

about 7 years ago

As we see this dismal number, one quote of Guru Nanakji comes to mind, “That one plant should be sown and another be produced cannot happen; whatever seed is sown, a plant of that kind even comes forth.”

THE STORY OF INDIA’S REALTY SECTOR ….

about 7 years ago

This is the condition of one small time builder; can you imagine how many such builders would have just gone phutt in these two years? Giving statistical muscle to this is data from real estate consultancy Anarock. It has put out a report saying that builders across India are sitting on unsold inventory of 6.65 lakh units across India

MUDRA LOANS – SHOWING THE MUDRA OF 'DANGER'

about 7 years ago

RBI has warned banks gently about the potential danger in rising Mudra NPAs but if not put in check right now, this too could balloon into another NPA crisis. On one end of the spectrum, Kisan Credit as such is giving banks a big headache and on the other end, the industrial bigwigs are looting the banks too.

UNEMPLOYMENT – NOT A THING FOR PROTESTS

about 7 years ago

The Pandey family residing in Ghatkopar has six brothers, each one of them owned a shop, some selling electronic items, some selling groceries and some running xerox shops. In their community they were considered to be very well-to-do

LETTER TO SANTA

about 7 years ago

Yearly, just one letter but Santa, you probably get the best synopsis of the entire year that whizzed by. As you come dropping down toys, we grown-ups cannot help but wonder if your sack has a few things to make this world cleaner, safer, saner and less angry.

IDBI Bank top gainer

about 11 years ago

IDBI Bank continues to remain one of the most sought after stock on the bourses. Like Friday, today too, the stock is up in the green. The top gainer on the BSE in an otherwise falling market, the stock is at Rs.62.75, its current intra day high and up over 5%. Its 52-week high is at Rs.84.80. ...

UNEMPLOYMENT - THE HYDRA HEADED MONSTER

about 7 years ago

o news were pertinently disturbing. Sadly we have more disturbing than good news flowing nowadays…Both these news, one from the private sector and another from the public sector go on to highlight one major underlying issue – unemployment.

RBBG IS THE BEST WAY AHEAD?

about 7 years ago

A work-in-progress realty project where the largest bank of India is a guarantor? Now that’s a sure winner, isn’t it? But the question is – why? On Thursday, 9th Jan, Sunteck Realty was one bright star on the bourses.

IPO MARKETS - ALL THE MASALA IS HERE!

about 7 years ago

While we cannot seem to get enough of the secondary markets, which seems to be heading into newer heights almost everyday, the primary market is the one which holds a lot of promise this year, 2020.

YES BANK – SELLING TRUST AT A DISCOUNT

about 7 years ago

Gordon Gekko says very famously in the iconic film Wall Street, “ It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.”

L&T - ORDER, ORDER!!

about 7 years ago

In ten days, L&T reported receipt of orders worth more than Rs.10,000 crore – 3 were “large”, one was “significant” and one was “major.” It is not as though L&T is getting these orders despite the lockdown; these orders are coming in now after having made the bids couple of months ago.

MUTUAL FUNDS ARE SUBJECT TO MARKET RISKS!!!

about 7 years ago

Today, obviously, for many retail investors, it was a bad day. It was a bolt from the blue – one of the biggest mutual funds around the world, Franklin Templeton, in India, overnight announced that it was shutting down 6 of its debt schemes.

TANKERS AHOY!!!

about 7 years ago

Someone making truckloads of money in this pandemic? Seems like a misnomer? Well, there are always two sides – loser and gainer. While the virus has rendered more losers than gainers, there is one sector which never ever had it so good. In fact when economy slows, this industry sags the most

BERKSHIRE ANNUAL MEET - BUFFETT IS BUFFETT!

about 7 years ago

This year’s annual meet, like everything else was live-streamed and everyone heard and saw Buffett from the confines of their homes. It was an unusual meeting but Buffett was his usual self and continued to inspire one and all.

OIL PRICES EXPLODE AS ARAMCO GETS ‘DRONED’

about 7 years ago

Nirmala Sitharaman had probably expected that her impromptu Press Conference of Saturday, announcing one more stimulus would send the stock markets soaring when it opened on Monday. But what she did not pay attention to was the news coming in from the Middle East – the Houthi attack on Saudi’s Aramco facilities

RELIANCE V/S AMAZON - HEADING FOR A HEAD-ON!

about 7 years ago

Data is the new oil. That’s the one big message we got from the AGM of Reliance Industries yesterday. And that could explain why the AGM was more about Jio and very little about petrochem.

DYING OF STARVATION IN TODAY’S INDIA?

about 6 years ago

And now one more image, more disturbing - that of the 2-year old toddler pulling at his dead mother’s cloth, trying in vain to wake her up at a station in Bihar. Children are the helpless victims of circumstances created by politicians with their selfish, self-propagating, illogical policies.

BEAT THE HEAT!

about 8 years ago

The oppressive summer heat is here and we have not even entered the most intense period of heat – May. The feeling of being smothered, the incessant trickle of sweat and the constant need to have water drives one insane. Silk clothes are tucked well into the depth of the cupboards while white and pastel colour cottons are in. Deep fried food is out and lighter meals with more salads and fruits are in.

THE A,B,C, D…….Z OF 2019

about 8 years ago

As 2018 hobbled its way to the exit door, one cannot help but heave a sigh of relief. This was a tumultuous year all around, what with India reeling under rising crude oil prices, soaring heat, farmers distress, bad politicking, Trump, Brexit. Yes, all this remains even as the date changed from 2018 to 2019 but somehow, this change in the calendar ignites a sense of hope

THE GREAT TRANSACTIONAL AFFAIR BEGINS!

about 8 years ago

Beginning tomorrow, 22nd Jan till 25th Jan, Davos in Switzerland will be in the limelight; what with some of the richest and most influential people of the world congregating under one roof. Yes, the objective is to get the views of these global leaders on the most pressing problems of the world. But what we always get instead are many not-so-interesting views, no solutions to any of the issues; yet, what remains the most interesting aspect of Davos is the behind-the-scenes transactions

WHEN NATIONAL STATISTICAL DATA GETS INTO ‘FAKELOGY’

about 8 years ago

When the genuineness of statistical economic data comes under a cloud, surely we need to worry. The macro data published by the Govt is the one on which all policy decisions are based but if that itself is not true, how can the policy decisions be correct?

BOEING BRINGS BACK THE FEAR OF FLYING

about 8 years ago

One does not know, at this point of time, when this ban will be lifted. Boeing has said that it is updating its software but that alone might not be sufficient. Maybe a report after a full investigation is the only way this crisis could come to an end.

IDEOLOGY OF MANIFESTO – POPULISM, POPULISM, POPULISM!

about 8 years ago

What is ideology? The Dictonary says that it is a system of ideas and ideals, especially one which forms the basis of economic or political theory and policy. This is the only thought which comes to mind when we saw the Congress manifesto last week and today, the BJP manifesO.

SYMBOLS IN ELECTIONS – GETS MORE BIZZARE AND WEIRD!

about 8 years ago

Yeah, yeah! We have heard this ad nauseum but we say it one more time – the largest democracy in the world will go to vote tomorrow. And this is not a “political” article in that sense; its not about BJP and Congress or about Modi and Rahul.

WHAT TO BUY? OR “HOW” TO BUY?

about 8 years ago

“Any stock worth buying?” That seems to be the constant quip every time the market goes up. Indices are hitting historic highs and stocks too, making one wonder whether it is worth buying at such high valuations.

CHAI – THE SIP WILL ONLY GET TASTIER!

about 8 years ago

At a time when it is a persistent endeavor to make our humble cup of chai into a ‘national drink’, chai itself seems to be on a high! One man’s misery is an opportunity for the other.

THE TRAGEDY OF BEING AN ENTREPRENEUR….

about 7 years ago

The alleged suicide of CCD founder, V.G.Siddhartha has shocked one and all because, at one time or the other, we all have been to one of his coffee shops. There is undeniably a sense of pride that CCD is a pioneer when it comes to India’s very own coffee chain. Thus his disappearance has hit home hard.

WHEN THE POLICE DON'T POLICE....

about 8 years ago

These two news does make one wonder about the role of auditors today; we are talking about highly reputed, the BIG 4 or BIG 6 auditors, enjoying international repute. How can they err like this? Really, the question we are asking now is – how will we police the policemen?

EXIT POLLS - COMPLETE EXIT OF OPPOSITION

about 8 years ago

Oh wow!!! That’s all one could say on this unanimous decision coming from almost all the Exit Polls across the country. The verdict of the Exit Polls was much better than what one expected – the BJP on its own itself is coming back with a big bang

KEEPING POLITICS OUT OF BOARDROOMS

about 8 years ago

The ongoing boardroom drama at Indigo is scary. Time and again, we come across this infighting as the company starts growing bigger and it makes one wonder whether boardroom squabbles should be listed a veritable risk factor

A COMPLETE SERIES WIN!!!

about 8 years ago

The victory of BJP/NDA was a given but no one in their wildest dreams had expected this kind of complete win. This kind of win for one single party is a loud voice for a complete change; people across the country voted single minded for Modi

ETHANOL MAKES SUGAR SWEET

about 7 years ago

Who would have thought that one day it is ethanol which would save the day for sugar companies? As the year recorded a record output of sugar, pushing the prices down, it was ethanol which made the earnings look sweet.

US FED – RATES UNCHANGED, SIGNALLING CUT AHEAD

about 7 years ago

No one expected Powell to bend down to the pressure tonight and as widely expected, he held the rates steady while signaling that the rate cut might come in sooner than later. In the March FOMC meet, the Fed had made it very clear that there would be no change in the rates this year but maybe a 25 bps hike in 2020.

REAL ESTATE – NEEDS A MIRACLE! OR A BUDGET WOULD DO?

about 7 years ago

No one seems to be buying property today as such horror stories have become commonplace. And under construction projects are shunned like plague. Only projects which have an OC and ready to move in are doing relatively better. Over 12.76 lakh houses are lying unsold in India's top 30 cities, a rise of 8% (YoY).

“ONE NATION” – GATHERING A LOT OF “POWER”

about 7 years ago

One Nation, One Card. One Nation, One Poll. One Nation, One Grid. And now the demand for One Nation, One electricity tariff. This “One Nation” mantra is really catching on….

FINAL & FIFTH ROUND – NOW THIS IS A UNION BUDGET!

about 7 years ago

Today was the fifth consecutive day of hearing the FM and Anurag Thakur talk and announce measures; all good measures but there is nothing for the short term. And it makes one wonder why was the need to wait for a Covid like crisis to announce all that which the FM did over five days – they all could have come in much earlier.

DESPERATELY SEEKING OPTIMISM

about 6 years ago

There is almost a desperate need to see and hear only good news. All around for over two months now, all that we have been seeing and hearing is doom and gloom – death, sickness, depression, dirty politics, racism, cyclones, unemployment, hunger; almost everything that we as human beings loathe to face is coming at us one after the other.

MARKET CORRECTION – INEVITABLE?

about 5 years ago

“Is there a market correction on the horizon?” “Are we heading towards a crash?” These and many more such questions are the only thing which anyone related to the market is asking today. No talks about any specific stock or even a “tip”. All want to know only one thing – are the markets going to correct soon?

STIMULUS – ALL SMOKE AND MIRROR?

about 5 years ago

Yesterday at 3 PM, the Finance Minister announced the first stimulus package post the second wave. Everyone, till some days ago was talking about it and expecting the sky and the moon. And when it was finally announced, it went down like air from a balloon. A small hiss – that’s the only sound one heard and it lay down there like, well, a squashed balloon.

GET THE VITAMIN’s - D AND M

about 6 years ago

Just as we change our clothes, food and general lifestyle to suit the needs of summer, it is a good idea to even relook at some of the stocks. Like summer clothes, there are surely summer stocks or should we say, ‘hot stocks’ to beat this heat? If monsoon is the season to buy pesticide and agriculture stocks, and winter is the season to buy almost everything, given the festive season, what stock does one buy in summer?

CORONA STALKS DALAL STREET AGAIN

about 6 years ago

The stock markets are reflecting this despondent mood of the people – listless. And this is how it is going to be over the next couple of weeks till the numbers actually show signs of abating. Yeah, no one likes reading negative news but then with so many “positives” going up, there is really no alternative.

CAUTION - OPERATORS AT WORK

about 6 years ago

What we have seen time and again is that when you start getting random “tips” from “market friends” and “hot stocks” get forwarded on Whatsapp (earlier it was SMS), its most certainly a time to get extremely cautious. Such tips have always been deadly. Like recently, one stock which has been doing the rounds vigorously is of RattanIndia Power. There were major forwards from many...

RISING SENSEX - BUYING TO ‘FEEL GOOD’?

about 5 years ago

Shoptimism. That’s the one word to describe the stock exchanges rise despite the pandemic. This is buying because you have the money, time and want to “feel good” amidst all this doom and gloom around. Shopping has and will always be the best therapy and currently, looks like everyone who has disposable income has taken to it. Everyone wants a piece of this pie, irrespective of their financial status.

JUNE – HALF YEAR GONE OR HALF YEAR LEFT?

about 5 years ago

June holds all the promise of a Salman Khan movie though let’s hope its not a ‘Radhe’ which we get dumped with. This is going to be an action packed 15-days. There is so much macro data coming in that we will be reeling, number crunching; really, how many numbers does one small brain keep track of - the GDP, fiscal deficit, IIP, CPI, not to mention the Sensex, Nifty and stock prices and over and above all these, the corona numbers too!

MUSK - EMPEROR OF TWEETS!

about 5 years ago

The Bitcoin market is murky and frothy and seems to be running on the whims and fancies of one individual – Elon Musk. If he puts up a sad emoji, the bitcoin loses some 20% and if he puts up a happy one, the market rises 20%. So, the entire bitcoin ecosystem seems to be now running on the back of one person’s emotions alone. How is that in itself good?

LIFE CHANGES FOREVER….

about 5 years ago

There are many things which this pandemic has taught and is teaching us every day. Some habits or ways-of-life have changed forever. When the pandemic started last year, everyone was very enthusiastic as they posted pictures of cooking, cleaning and just spending time with family. 1.5 years into it, such pictures have all but disappeared and no one talks about family time any more.

UNICORNS – CREATING A NEW BREED OF INVESTORS

about 5 years ago

There is almost this palpable excitement in the IPO market today. The sense of anticipation is all around and one cannot help but think that it is very similar to the frenzy one saw during the Reliance Power IPO. With more and more younger retail investors joining the stock market and with majority of them familiar with Zomato, having used it probably a zillion times, there is a mad rush to subscribe to the IPO.

WHY IS THE MARKET FALLING?

about 6 years ago

On one hand, we see a stellar listing of MTAR Technologies, at a 85% premium to the IPO price and on the other, we see the broader market tank almost 800 points in the mid-session. The point is – if it were sentiments alone, a new listing does get impacted despite the fantastic response to the IPO and grey market premiums. Thus our inference – its opportunists going for profit taking.

INDEED, MASTER’S OF THE UNIVERSE!

about 5 years ago

All three, multi-billionaires and all of them dreamt as a child, like most of us, of one day going into space in a rocket. Most of us, got into life on earth and the dream just vanished into space but these three had the money and the will to keep their dreams alive and made it happen.

ONGC swings up and down

about 7 years ago

ONGC is on one volatile ride today. The stock, which had closed yesterday at Rs.169.25, opened lower at Rs.167.70, going down further to Rs.167.15 to bounce back

BSE - BEING THE POLICE ALL DISLIKE

about 5 years ago

There were hundreds of calls, yesterday and today too, asking us whether the bottom was falling off the markets? The falling of mid and small cap stocks has become the all-encompassing ‘market’. These are the stocks that today represent the market and not the old bastion large caps – that’s one big learning from the tumbling stocks.

MERE DESH KI DHARTI.....

about 5 years ago

Let this 75th 15-August be about celebrating India and not about politics. This 75th year is not an achievement of just one leader or one political party, it’s a collective progress of all those who contributed to making India what it is today – the good and the bad.

GIVING A NEW DEFINITION TO “DELAYS”

about 5 years ago

Well, the Indian Post has surely improved and letters do get delivered on time yet projects, especially those started by the Govt – be it state or central, go on for years and years and years. One road will be dug up during summer for repair work before monsoon but it does not get ready even after monsoon goes and winter goes, another summer comes and once again monsoon comes.

GOING ASSET LIGHT – BEST UNDOING

about 5 years ago

Naturally, there is a major debate brewing with those not in favor saying that the Govt is selling off the country. Some have called the Niti Aayog as the Govt’s very own OLX platform. But then if one looks at things logically, you do wonder as to why, when the private sector is so vibrant, does the Govt need be in the business of doing business.

AN EMBARRASSMENT, NOT ANTI-INDIAN!

about 5 years ago

Infosys has time and again dealt with a lot of these issues but this one is vicious and evil. It is very rare that India Inc gets embroiled in controversies of such magnitude and this vitriolic has shocked one and all. What does one do when such right-winged opinions mar the reputation of a company?

STRIKING WHERE IT HURTS

about 6 years ago

Privatisation of any PSU is a contentious issue for any Govt as dealing with the trade unions is a huge hurdle. No one really wants to take this risk. The Govt this time has decided to take the plunge, which is why it wants to test the waters with two banks first. But it needs to get this right.

FRENZY OF IPOs – IT’S A GOLD RUSH!

about 6 years ago

All these IPOs have one thing in common – the subscription is huge and that means listing gains are bound to be huge too. The state of IPO subscription and the listing gains move in tandem. We do not cover the Grey Market but that is trend too – higher the premium in the Grey Market, naturally, higher is the listing.

PM’s ADDRESS – LEFT MORE QUESTIONS THAN ANSWERS

about 6 years ago

This was probably the shortest address by Modi – all of 15 minutes. And it was about three things – people need to remain cautious as Covid remains, food distribution under the PM Garib Kalyan Anna yojana to be extended till November and One Nation-One Ration card. That’s it!

IIP FOR JULY – THE CONTRACTION CONTINUES

about 6 years ago

It came as no surprise to see that the IIP for the month of July came in the negative at (-)10.4% v/s (-)15.7% in June. Well, the only relief is that while majority of economists had expected the contraction to be over 12%, and in that context, its better – if one is trying to find a silver lining here.

THE GOLD RUSH – WHO IS BUYING?

about 6 years ago

So, when it was peak marriage season, not many bought gold and now the season, as such is over, so people are not buying. The question therefore which comes to mind – if no one is buying gold then why are gold prices touching the sky – international gold prices touched a eight-year high.

WHY NOT ATMANIRBHAR IN EDUCATION?

about 6 years ago

There was a time in ancient India when we were among the best. Takshashila and Nalanda were among the oldest universities of the world. In fact Nalanda had one of the largest libraries in the world. Today, in terms of education, where are we? Only IITs to boast of?

ALL EYES ON RBI

about 6 years ago

A 25 bps rate cut might not change anything in our lives but psychologically it will mean that at least someone has your back. A quick thought – interest rates are already at a 20-year low and no one is buying and the banks are also reluctant to lend, so, will a further rate cut really help?

TIME TO WALK THE TALK

about 6 years ago

People might be divided right across the middle when it comes to some ideologies of BJP and Modi. But what the entire country agrees unanimously is that Modi is one of the best orators India has had in recent times. His speeches have always inspired people and such skills are very rare in today’s time.

ADANI – PLAYING AND WINING ‘MONOPOLY’

about 6 years ago

Almost every other, its become like a ritual, we read about how the Adani group has got an order. The orders are all high tickets and always from the Govt, making us wonder whether Adani is the only group in the country which bids today or others are simply not even considered. Aren’t we risking the entire country’s infra build by putting all eggs in one basket – the basket of Adani’s.

Q1FY21 GDP – COVID KILLS GROWTH

about 6 years ago

No one is going to take these numbers too seriously as the data is not 100% given the challenges it had in collection of data on account o the lockdown and pandemic. The markets most certainly did not – it fell today not on account of the expected GDP contraction but due to re-emergence of skirmishes at the India-Chinese border and implementation of the new margin system from September. A fall in GDP was already discounted by the market thus it has moved on beyond Q1.

FOCUS ON INFLATION OR ELSE PAY HIGH PRICE OF DEPRESSION

about 6 years ago

One question being asked all over is whether pursuit of inflation for central banks is the way ahead or should the focus now change to growth? Getting the eye off inflation is risky. If all these inflation-targeting central banks face a situation of low inflation unlike us, they fear that it might get into deflationary territory.

MUMBAI – LOSING ITS CHARM?

about 6 years ago

The pandemic has as such shown us the risk of staying in congested cities like Mumbai. While the blue-collared migrants fled for their life, many, the white-collared ones, who are now back at their parents home in smaller cities, working from there, are rethinking about coming back at all. Many, who are living in the city, are wondering whether it is worth living like this? Even if we get over this pandemic, what happens when the next one strikes?

REALTY GETS A “PREMIUM” KICK!

about 6 years ago

There is no doubt – the Maharashtra Govt is doing all it can to reduce the woes of the realty sector and get it back on its feet again; after all, for the state, realty sector is indeed the mulch cow, one of the biggest money earners and employment generator. If realty booms, all pockets, officially and unofficially, get good money.

RBI – SENSIBLE ECONOMICS

about 6 years ago

While remaining aggressively accommodative without cutting rates, RBI did a very good job. Clearly, RBI has time-and-again showed us during this pandemic that it has so many more tools; tinkering with the interest rate is just one of them and need not be the whole and soul of the policy decisions.

FDIs WILL COME DESPITE IMF & COVID!

about 6 years ago

So, we have this declining growth trajectory from IMF and then there is the other news – according to the FDI survey released yesterday by CII in association with Ernst & Young (EY), India has emerged as one of the top three choices for investments in the next 2-3 years.

TRACTORS HAVING A FIELD DAY!

about 6 years ago

Tractor companies are having one of their best runs ploughing through this pandemic while their counterparts, the cars and trucks were having a tough time, finding especially rough roads in cities. In Sept’20, the tractor industry recorded a historic and second highest ever monthly sales by volume

STRESSED ASSETS - LURE OF MONEY?

about 6 years ago

That explains why the subsidiaries of debt-ridden Reliance Capital have received such an overwhelming response, even in these pandemic times. Not one or two, or even 10, the subsidiaries have collectively received over 60 bids and list of bidders is dominated by global PE funds.

OCT IIP – A SURPRISE PACKAGE!

about 6 years ago

This was a true surprise. The October IIP came in at 3.6% v/s 0.5% (MoM), an 8-month high and the best performance since the pandemic hit us. It was expected to be good but no one had really expected it to show such a sharp recovery; this was indeed a very deep “V!”

Letter to Santa

about 6 years ago

We are sending you just one letter and our wish-list is probably not what children ask of you but probably what most grown-ups all across the world want right now. Maybe your sack has some things which can fulfill at least some of our wishes.

2020 MARKET ENDS – AT LEAST IN THE POSITIVE!

about 6 years ago

This is a year we all want to forget as quickly as possible, probably one of the toughest years for mankind in recent times. 2020 calendar year for the stock market has ended and what a year of roller coaster ride it has been!

LIGHT AT THE END OF THE TUNNEL

about 6 years ago

2020 has taught us many life lessons and one more important learning – its impossible to predict the entire next year when we cannot predict the next second in our lives. Yet, we as humans need to have a roadmap, something which chalks our path and gives a rough idea about what to expect in the coming days.

SRF close to another new high

about 7 years ago

SRF hit a new 52-week high yesterday at Rs.3044.25 and today it rose 2% to Rs.3036.45. In this last one year, it has outperformed the Sensex by over 55%.

"Porinju " stocks hit new high

about 9 years ago

Tata Coffee hit a new 52-week high today at Rs.175 and Liberty Shoes too went on to hit a new high at Rs.282. Both the stocks have moved high, thanks to one person – Porinju Veliyath,

Gujarat Gas has a 'sublime' feeling

about 8 years ago

Gujarat Gas, one among the top five gainers on the BSE currently, opened with a gain of 2.23% at Rs.149, going on to hit an intra day high at Rs.155, up 6.5%

Ahluwalia Contracts up over 6%

about 12 years ago

In the morning trades, one stock which zoomed up the moment it opened for trade was Ahluwalia Contracts. It rose almost Rs.10 to Rs.159.95 and currently rules around the same levels, up over 6%. The stock is reacting to the Press Release of an order which it released yesterday after market c ...

Bhushan Steel streaked deep red

about 12 years ago

Yesterday, the top loser was the bank whose CMD had taken the bribe, Syndicate Bank and today, currently, the top loser is CFO of one of the two companies, Bhushan Steel, who allegedly paid the bribe. Hitting a new low today at Rs.357, the stock is streaked deep red. The stock has sunk into ...

Future Consumer on the rise

about 12 years ago

There has been a lot of activity on the counter of Future Consumer Enterprise, previously known as Future Ventures, since past couple of days, with the stock hitting a new high yesterday at Rs.12.58 and another new one today at Rs.13.59, with volumes rising over 2.10 times. The st ...

Fortis Health on high adrenalin

about 12 years ago

Fortis Healthcare hit a new 52-week high today at Rs.136 with volumes spiking up almost 4 times. It has come off the highs but continues to trade around Rs.133 levels, up almost 10%. The stock has jumped up today after the company issued a Press statement, saying that one of its subsidiaries ...

Persistent Systems zooms high

about 12 years ago

Persistent Systems has hit a new 52-week high today at Rs.1400 with volumes rising over one time. It has since then come off the high levels but trades around 2% higher at Rs.1362 levels. The stock hit a new high after the company announced through a Press Release that it will be ...

Bharti Infra slips from its 'tower'

about 12 years ago

Bharti Infratel is not doing too well today morning, with the stock opening in the red and continues to remain so at Rs.298.95, down almost 3.5%. Volumes have spurted over one time. The stock has declined after US PE Fund, Kohlberg Kravis Roberts and Co or KKR as it is more popula ...

Lypsa Gems shines bright

about 12 years ago

Lypsa Gems and Jewellery which had been hitting new lows consistently for past few days, is finally up in the green today. It is currently quoted over 4% high at Rs.83, with an intra day high at Rs.86.60. The much anticipated bonus issue finally came – 1:2 ratio – one share for e ...

Raymond spikes up on 'Blackstone' news

about 12 years ago

Raymond is up in the green today, at one time even figuring in the top 5 gainers on the BSE. After hitting an intra day high at Rs.486.80, the stock is now at Rs.481 levels, up almost 3%. The spurt in the stock price is on account of unconfirmed news coming in that global private equity play ...

Tribhovandas loses some sparkle

about 13 years ago

Tribhovandas Bhimji Zaveri has lost some of its sparkle today morning. Opening lower at Rs.151, the stock went down at one point to Rs.145.50, down almost 7% but since that level, it has been recovering. Currently it is at Rs.153.45, down less than 2%. The stock is reacting ...

FTIL zooms as it exits MCX-SX

about 12 years ago

Financial Technologies (India) Ltd or FTIL as more popularly recognized, spiked up almost 8% at one time during the day to Rs.194 levels. It has come off that level since then and now remains around 5% higher at Rs.190 levels. The stock is reacting positively to the news that it has sold its ...

Fulford breaches 20% lower circuit

about 12 years ago

Fulford India has breached the 20% lower circuit today at Rs.1417.25, a fall of Rs.354/share over yesterday’s close of Rs.1771.55. The stock has slumped after the promoter of the company, Dashtag, announced yesterday that it has dropped plans to de-list the company. If one may re ...

L&T on a roll!

about 12 years ago

Larsen & Toubro has been on a roll for the past few days, bagging one order after the other. On 29th Dec, L&T Hyrdrocarbon won orders worth Rs.894 crore. On 30th Dec, L&T Construction won orders worth Rs.2521 crore and today it announced that in the month of December alone, it clocked ...

Sobha remains subdued

about 12 years ago

Realty company, Sobha is pretty volatile today with the stock opening lower at Rs.455 and going down an intra day low at Rs.422.55. Volumes are up over four times. Though it has come off these low levels, it is less than one percent in the red currently. The stock is down after the company y ...

Asian 'paints' a pretty picture

about 12 years ago

Asian Paints is on a roll. The stock has been hitting new highs consistently since 8th of Jan and today too, it hit a new high at Rs.841.65. With crude oil hitting new lows and now people talking about $40/barrel, this paint stock and others are all up as they use crude oil derivative as one ...

3.5% stake sale on Hero Moto by promoters - for what?

about 12 years ago

B M Munjal, promoter of Hero Moto along with his four sons (widow of Ramakant Munjal, who died earlier), with each one holding 1,23,96,840 equity shares each, being 6.21% stake held by each, are learnt to have sold 70 lakh shares this morning on NSE, at an average rate of Rs. 2,670 per share, whi ...

Monnet Ispat back in favour

about 12 years ago

There is a lot of activity on the counter of Monnet Ispat for the past couple of days, as though in anticipation of some big news. And big news it was indeed. Though the company has not issued any official statement to the exchanges, news has come in that Monnet has bagged one coal block in ...

Pondy Oxides at a new high

about 12 years ago

Pondy Oxides, from a closing of Rs.37 yesterday, it opened stronger today at Rs.38 and went on to hit a new high at Rs.41.90 and currently remains around Rs.39 levels, up over 6%. This company is one of India's leading metallic oxides and plastic additives producers. It has broad ba ...

Stone India on track

about 13 years ago

Stone India had briefly breached the upper circuit today at Rs.23.25, just as it had yesterday too at Rs.22.15. The stock remains up in the green, over 4.5%. The stock is up after the company stated today morning that it has signed an agreement with Shenyang Brilliant Elevator in China, one ...