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All Time Plastics

about 1 year ago

Unfriendly for Investor
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Minda Inds hits all time high

about 11 years ago

Minda Industries had closed yesterday at Rs.696.50 and today morning, it opened at Rs.641 and soon rushed to hit the 20% upper ceiling where it is currently locked at Rs.696.50. The market is thrilled with its Q2FY16 performance. An auto component manufacturer, the company reporte ...

THE VILLAIN OF ALL TIMES!

about 11 years ago

Oh how we all LOVE to hate Vijay Mallya! Every time we see him on TV or his picture in newspapers, it fills one with a deep sense of repugnancy. He epitomizes all that which is rotten in our Indian system today. He shows what crony capitalism is all about. He has shown one how if one has the money, he/she can buy anything - right from law to the entire bureaucracy.

Videocon Inds hits all time low

about 8 years ago

Videocon Industries hit an all-time low at Rs.8.62 today, going down 5%. It has recovered from there and is now at Rs.8.85, down 2.5%.

HOTEL STOCKS - IT'S THE TIME TO DISCO!!

about 11 years ago

And today, one of the reasons why all hotel stocks are up in the green after such a long time could also be attributable to the optimism shown by Goldman Sachs. Yesterday, it has invested Rs.440 crore for a significant minority stake in Indian hotel investment and development firm Samhi Hotels which currently

Tide Water hits a life time high

about 11 years ago

Tide Water Oil has been hitting a new life time almost every day for the past few days. Today also it hit a new high at Rs.33269. It has come off this high level is now at Rs.32480 levels. The company closed its open offer on 30th Dec. As we all know, the company is facing a hostile takeover ...

Prima Plastics is buzzing loud

about 10 years ago

Prima Plastics is a company we do not hear about very often but today, it is stealing all the limelight. This company is a direct competitor of Nilkamal, designing and making plastic moulded furnitures like chairs, dining tables, stools, etc. The company yesterday announced after closing bel ...

AUTO COMPANIES - THIS IS THE TIME TO CASH-IN!

about 11 years ago

This is the time. The dark phase or the Pitrupaksha is over and the festive season has begun today with all fervor. This the time when retailers are stocked to the brim, gold sellers are hoping to cash-in on the best time of the year, realtors are certain that people will come flocking to buy new homes

EXAMS FACING A TESTING TIME

about 6 years ago

There is a debate raging across the country regarding these exams – to postpone or not? The students are divided right in the middle – some feel that a postponement will give them more time to study while others are horrified at this never-ending stress time. Parents are concerned about the health of the children – can they be asked to give the exams when the pandemic is surging?

DIWALI – TIME TO PRAY, EAT, LOVE

about 6 years ago

So much has changed this Diwali. There are people thronging the shopping areas but most sane people are shopping online, there is no rush to buy fire crackers. Gift hampers have become weird – we now have “combos” of hand sanitisers, masks and gloves. Tailors are stitching “matching” masks and clothes. And for most of us, all this dressing up will be for again staying at home.

RAJAN BECOMES THE ROCKSTAR ALL OVER AGAIN!

about 11 years ago

Wow!! A 50 bps point rate cut! At a time when Janet Yellen disappointed the world, our very own Governor literally took everyone by surprise with an unexpected generous 50 bps rate cut. Low inflation due to global factors, better inflation management despite poor rainfall is what has prompted the RBI to get so generous. Another positive here is that the RBI

THE DANCE OF DEMOCRACY - MOVES WHICH LEAVE ALL GAPING

about 11 years ago

Supporters pouring gallons of milk on a huge picture of Jayalalitha. That's so symbolic of how things work in Tamil Nadu. Film stars become politicians and are given God-like status. The four state elections were a big eye opener today. In all aspects, even the BJP winning with a thumping victory in Assam, ending Gogoi's 15-years of almost

RAINS, RAINS - ITS TIME TO CELEBRATE!

about 10 years ago

The Indian Meteorological Department (IMD) has announced that very soon entire country will be covered by rains. This is beautiful music to all our ears, surely inspiring us to dance the mad rain dance! Good rains after two years of drought means water scarcity will finally diminish, farm output will go up and incomes across rural India will get a boost.

PNB Gilts at life time high, again

about 10 years ago

For over a month now, PNB Gilts has been rallying only in the green and for the past two days has been hitting new highs. Today was no different; it has hit a new life time high at Rs.59.20, breaching the 5% upper circuit. The market continues to remain euphoric and optimistic about the comp ...

SUCCESS OF BUDGET – TIME IS OF ESSENCE

about 6 years ago

The Budget has ticked all the right boxes. Now the onus is on delivery; if things remains on paper and do not move swiftly we are in serious trouble. So, as we get swept away in this Budget euphoria, let’s keep our feet firmly on the ground, as we need action more than talks and plans.

THE NEW FDI POLICY – APPLE LAUGHING ALL THE WAY!

about 9 years ago

A new FDI policy was ushered in, effective since Monday, 28th August. This is an annual exercise undertaken by the Department of Industrial Policy and Promotion (DIPP). And this time around, it is a consolidated policy, which is a compilation of the various decisions taken by the government in the past one year.

Maruti hits a life time high

about 10 years ago

Maruti Suzuki has hit a life time high today at Rs.5000 and that is thanks to its announcement of price increases. The price hike is on select model, in the range of Rs.1500 to Rs.5000, ex-showroom Delhi, effective yesterday. The price of its newly launched models like Vitara Brezza is being ...

A BIG DAY GLOBALLY – ALL ON WAIT-AND-WATCH MODE

about 9 years ago

The big event for India is over – yesterday’s credit policy. But that would have been the end of it all if we had been a closed economy and did have the current global perspective and participation that we have today. Today we look at events across the world – some have a direct bearing on our market while some indirectly, in terms of sentiments. Thus what happens in USA, UK or even Japan has an impact on our markets

IS IT TIME TO EXIT FROM PSU BANKING STOCKS?

about 9 years ago

There is a virtual massacre on the PSU bank stocks. Take a look at the top losers, be it Nifty or BSE; all losers are PSU banks, with Union Bank, PNB, Allahabad Bank alternating between the top spot of losers. On the BSE Bankex, all banking stocks are in the red, except for Kotak Bank, which is just about holding to the green.

UNION BUDGET FY20 – A SURGICAL STRIKE, DECIMATING ALL OPPOSITION

about 8 years ago

It is an election budget! There is no doubt on that! And who said that it was an interim budget? It was a full budget! The Budget has tried to keep all the voters happy – farmers, middle class, home owners, corporate India. At the moment it is a little difficult to see who among them is happier

RELIANCE JIO - TIME FOR OTHER TELCOs TO RING '911'?

about 13 years ago

Bharti Airtel was having a good run on the bourses when all of a sudden, like a bumpy speed breaker, there came the report and downgrade of Credit Suisse. Bang! The stock fell and slipped; and it closed amongst the top losers of the day on the BSE. Credit Suisse put out a report on the stock, downgrading the stock to 'underperform' from 'neutral'. It also reduced the target price of the stock by Rs.10, from Rs.275 to Rs.265

FOMC MINUTES - UNCERTAINTY ON TIME AND AMOUNT OF EASING CONTINUES

about 13 years ago

The news was that most Fed officials at Fed were comfortable with Bernanke's plan to start tapering Q2 before the end of this year, if the economy improves. The interesting part is that despite the headlines, the minutes indicate that four out of the seven members preferred to wait for some more time before the beginning the tapering; felt "a change in the purchase program was not yet appropriate."

HUL hits a life time high

about 9 years ago

FMCG major, HUL hit a life time high today at Rs.1405 on the back of its very robust performance for Q3FY18. It has come off the highs and is now just about holding on to the green zone with a less than 0.5% rise at Rs.1376 levels.

“I” AT THE CENTER OF ALL

about 5 years ago

Right from the boss to peers and even the juniors, dealing with work place ego is a minefield. We as Indians take it as a way of life where even mediocre or small achievements are celebrated like big victories; that’s once again ego at play. Yes, we all mouth humility and equality; only mouth; very few actually practice.

THE TRIGGERS FOR NOVEMBER - ALL ON HOLD TILL 8TH

about 10 years ago

So the festivity is all over. We are back to the markets, looking around for new triggers. Many of us might have done some very good bit of shopping during Diwali, some heavy buying of big stuff and we now hope that this reflects in the Q3 numbers. Automobile companies will declare their sales numbers for October and we surely hope that it has been a bumper month

ANOTHER NON EVENT FROM FED; ALL EYES ON ELECTIONS

about 10 years ago

With less than a week to go for the US elections, no one in their right minds would have even remotely expected the US Federal Reserve to do anything worthwhile today. The markets around the world - equity, forex, gold and bonds; all are showing volatile behavior with an overwhelming sense of uncertainty.

BENAMI PROPERTY - IT'S ALL IN THE NAME!

about 10 years ago

This salvo proposed to be fired against benami property could not have come at a better time. At a time when demonetization drive has as such dealt a body blow to the sector, this going after the benami property with tongs and knives is perfect. Benami in simple Hindi means that which does not have a name. So benami property means that which does not have an owner. We usually see in India that

Torrent Pharma at new life time high

about 11 years ago

Torrent Pharma hit a new life time high today at Rs.1520 with a spike up in volumes by over six times. And the reason for this euphoria on the counter was its exuberant Q1FY16 numbers. On a consolidated total income of Rs.1947 crore, up 75% (YoY), the company posted an almost equal 75% jump ...

UTOPIAN RAILWAY BUDGET - IF ONLY ALL THIS COULD BE IMPLEMENTED.....

about 15 years ago

The Budget had a lot in terms of safety, modernization and even for hygiene, but where the money will come for all these seemingly Utopian plans, it was not chalked out. All the plans were long term but immediate plans? It all sounded very ideal but there was not much in terms of clear cut plans, with no budgets.

Not just all smoke

about 6 years ago

Working from home. Time at hand. Markets down. And the brain gets to work – even in these very difficult times, what are the sectors which are relatively recession proof? No need to pour into balance sheets and research reports; look at our day-today life itself.

VACCINATION- LIKE INDIAN TRAINS, ARRIVAL TIME UNKNOWN!

about 6 years ago

For all around the world, it was the ‘Oxford’ vaccine which holds the maximum hope. Russia and China already have a vaccine and they are probably closer to getting it to people than Astrazeneca; yet their news produces no excitement – who in this world trusts anything when it comes to Russia and China?

MAY IIP HAS A GREAT FALL - WHO WILL PUT IT ALL TOGETHER AGAIN?

about 13 years ago

So we have alarmingly falling growth rates, manufacturing sector declining at a faster pace, exports also dipping and to top it all off, CPI has zoomed up further. Thus the seams from all ends of the cloth seem to be tearing off, leaving us wide open and vulnerable. With growths sagging and inflation zooming, clearly, RBI needs to do

PRE- ELECTIONS - BEST TIME FOR WE THE PEOPLE

about 13 years ago

Travel anywhere around the country today, major cities, almost every road is dug up, new bridges are being built at a frenzy, monorail and metro projects which were stuck in a quagmire of red tape, suddenly get all approvals. Yes, today, we ate stuck in incessant traffic jams causing tremendous amonts of inconvenience but be thankful to the polls ahead

MARKETS – TIME TO UNLEARN TO RELEARN

about 5 years ago

It’s a Black Friday celebration for the retailers but looks like it has turned into a Red Friday for the markets, with a Black mood dominating the sentiments. News of a new more virulent and fast mutating virus has spooked the market. All the usual suspects are down – hotels, aviation, theaters, all outdoor companies – all are in the red. And on the other hand, pharma, diagnostic, hospital and wellness companies are back in the green

A FLASHBACK INTO TIME

about 5 years ago

Now the weekend is upon us and given the up and down week on the markets, some ‘light’ reading will do us all good. So cut off from the profits and losses of the markets and business world, and today, we take a look at all things which have become irrelevant. Many of those belonging to the new generation might have no clue what we are talking about!

Globus Spirits all kicked up

about 10 years ago

Globus Spirits is surely all kicked up today. With an intra day high a Rs.82, one thought it was not too far away from its 52-week high of Rs.91.20. It has come down to Rs.79 levels as of now but remains over 9% up. The reason for this intoxication with Globus is its very good show for Q1FY1 ...

Delta Corp at life time high

about 9 years ago

Delta Corp figures out very strongly amongst the top five gainers on the BSE since the opening bell. The stock rose to a new life time high at Rs.338.90.

Skipper is all powered up!

about 11 years ago

Skipper is all powered up today morning with trading volumes surging over two times. From yesterday’s close of Rs.137.30, it went up to an intra day high at Rs.148 and remains firmly almost 3% up at Rs.142 levels. This less heard-of company, Skipper is engaged in manufacturing of PVC p ...

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.

Nestle gets all noodled up

about 12 years ago

Nestle is in news for all the wrong reasons. The stock which usually remains rock steady with no major upheavals, is today down over 8% at Rs.6257 with an intra day low of Rs.6119. Volumes are up almost 6 times. The market, like the rest of the country, is perturbed with the ongoing investig ...

Paras Defence beats all records

about 5 years ago

As was indicated by the grey market premium, the stock got a bumper listing, beating all previous listing records. It got listed at Rs.475 v/s IPO price of Rs.175

Punjab Chemicals at life time high

about 9 years ago

Punjab Chemicals & Crop Protection has hit a life time high today at Rs.478, a 12.5% jump over previous close.

TIME TO WALK THE TALK

about 9 years ago

It’s a good thing that Modi came out yesterday and did what he does best – talk eloquently about the rights and the wrongs. For the first time, he accepted that the economic growth has slowed but tried to assuage fears that it was all blown out of proportion and all was well.

Finolex Cables hits lifte time high

about 11 years ago

Finolex Cables hit a new life time high today at Rs.344.60, with volumes surging over 12 times. The company posted a very good set of numbers for Q4FY16. On a 3% (YoY) rise in net sales at Rs.675 crore, the company posted a 76% jump in net profit at Rs.83 crore. This was thanks to the 5% dro ...

Ultratech hits life time high

about 8 years ago

Ultratech Cement hit a new life time high today at Rs.4686.30 and the stock remains among the top five gainers.

Inox Leisure at life time

about 8 years ago

Inox Leisure hit a life time today morning at Rs.355.20 and it continues to remain very strongly in the green, around Rs.347 levels.

Gandhi Special hits a new life time high

about 9 years ago

Gandhi Special Tube hit a new life time high today at Rs.405, with volumes surging almost 6.5 times.

Lumax Industries hits life time high

about 10 years ago

Lumax Industries has hit a life time high today at Rs.1445; it has come off the high currently but remains firmly in the green, up 5.5% at Rs.1430.

Shri Jagdamba hits life time high

about 10 years ago

Shri Jagdamba Polymers has been hitting new life time highs almost through November and now in December too. Today too, it has hit a new high at 678, locked in the 5% UC the moment it opened for trading. This Ahmedabad based company, Shri Jagdamba Polymers, is engaged mainly in production of ...

Garware Wall at life time high

about 10 years ago

Garware Wall Ropes hit a life time high today at Rs.597 and continues to remain strongly in the green, up some 8% at Rs.589 levels. The market is thrilled with the company’s Q2FY17 performance. Its net sales rose 8% (YoY) at Rs.232 crore and managed to keep costs on a leash, increasing ...

SRF at a new life time high

about 10 years ago

SRF Ltd has hit a life time high today at Rs.1688, up 8% and not surprisingly, it is the top gainer on the bourses right since the opening bell. This surge was thanks to its very good performance for Q1FY17, mainly on account of a 2% (YoY) drop in total operating costs and interest outgo too ...

Eicher Motors hit a life time high

about 10 years ago

Eicher Motors hit a life time high of Rs.22,382.15 with volumes going up over 2 times. The company posted a very good set of numbers for Q1FY17. Its total income rose 42% (YoY) at Rs.1556 crore. EBITDA showed a 65% increase at Rs.470 crore. EBITDA margin rose from 26.1% to 30.2%. The PAT sto ...

KG Denim at life time high

about 10 years ago

KG Denim, for a moment breached the 20% upper limit at Rs.109.70 which is also its life time high. Thus denim and apparel maker posted a fantastic set of Q1FY17 numbers. Despite net sales dropping by over 1% (YoY) to Rs.153 crore, the company ended the quarter with a whopping 350% jump in ne ...

Kajaria hits a life time high

about 10 years ago

Kajaria Ceramics hit a life time high at Rs.1204.90 and this is when volumes were around 5200 shares. This high was on the back of its stock split news. The Board of Directors of the Company had met yesterday and they approved sub-division of the equity shares of the company from Rs. 2 each ...

Asian Granito at life time high

about 11 years ago

Asian Granito seems to have floored the traders. The stock hit a life time high today at Rs.199.75. Volumes are up almost 16 times. The reason for this new found love? The company announced yesterday evening that it has received an order for its recently launched vitrified tiles Jumbo and Im ...

Vakrangee hits a life time high

about 11 years ago

Vakrangee hit a new life time high today at Rs.214.65. There was no one specific reason as such but a collective spurt of good news over the past month or so. This has probably put the stock on the strong “investment” radar and that could be the reason why we see this momentum today. ...

Tata Motors hits life time new high

about 13 years ago

Tata Motors hit a new high on 7th at Rs.423.60, yesterday it hit another new high at Rs.435 and today once again, it has hit a new life time high at Rs.437.70. Currently, profit booking has come in and the stock has slipped into the red, just a tad red. The stock has been hitting new highs o ...

Just Dial hits a life time low

about 11 years ago

Just Dial, ever since it posted its disappointing Q3 numbers seems to never lose its position from amongst the top losers. The stock hit a life time high at Rs.493.75 and remains firmly in the red. For Q3FY16, the company posted a 16% (YoY) drop in net profit at Rs.27 crore and this was on a ...

Manpasand Bev hits life time high

about 11 years ago

Manpasand Beverages has been showing some extraordinary movements and volumes for the past two days. Yesterday, it hit a life time high since its listing at Rs.497 with 7 times surge in volumes. And today, volumes are almost 7.5 times and it hit another life time high at Rs.526. There is no ...

Tide Water hits a life time high

about 11 years ago

Tide Water Oil is buzzing loud and clear today. The stock has hit the 20% upper circuit at Rs.20798 and this is the new life time high. Volumes have jumped up from a two-week average of 390 shares to 5479 shares traded today alone. The stock hit the roof after the company announced yesterday ...

Atul hits a life time high

about 11 years ago

Atul Ltd has hit a life time high today at Rs.1785 and this was purely on the back of its good performance for Q2FY16. A part of the Sanjay Lalbhai group, Atul Ltd posted a 33% (YoY) jump in net profit at Rs.36 crore and this was on the back of lower costs and an exceptional income of Rs.3 c ...

Blue Dart hits a life time high

about 11 years ago

Blue Dart Express hit a life time high today at Rs.7900 and though it has come off the high level, it remains in the green at Rs.7706, up around 2%. The reason for this high is on the back of its excellent Q2FY16 performance where consolidated net profit jumped 74% (YoY) at Rs.54 crore on a ...

HCL Info tanks big time

about 12 years ago

HCL Infosystems has tanked big time today morning. Though it opened marginally higher, it fell to Rs.43.85 and continues to remain down in the red at Rs.45 levels, a drop of around 9% over previous close. The market has expected the company to turnaround in Q2CY15 (year ending 31st Dec) as i ...

3M India hits a life time high

about 12 years ago

3M India has been hitting new highs for the past two days. Today, the stock hit a life time high at Rs.6822 and it continues to remain strongly in the green at Rs.6675 levels. The market is obviously thrilled with the Q2FY15 numbers which it announced yesterday. The company’s net profi ...

Escorts Kubota hits life time high

about 2 years ago

The market has given a big thumbs up to this performance with the stock going on to hit a new life time high today at Rs.3581.95, up 4%.

3M India hits life time high

about 12 years ago

3M India has hit a life time high today at Rs.5499 and though it has come off these high levels, it remains around Rs.5440 levels, up almost 13%. Volumes have soared over 10 times. The stock is in the limelight post its numbers for Q1FY15. YoY, the performance is good though sequentially, it ...

Suzlon loses all energy

about 14 years ago

Suzlon Energy is down deep in the red today. The stock has hit a new 52-week low at Rs.12.35 and though up from that level, it remains almost 5% down at Rs.12.41. The stock has lost all its energy after it posted a much bitter set of numbers for Q4FY13. It’s consolidate net loss has ri ...

Aditya Birla Chem slips big time

about 13 years ago

Aditya Birla Chemicals (India) has tanked big time today and continues to fall. It had closed yesterday at Rs.193.50 and today, it opened at Rs.185 and then slumping to an intra day low at Rs.163, down over 15%. The market is extremely disappointed with the company’s performance for Q4 ...

HDFC Bank at lief time high

about 2 years ago

The stock price hit a life time high today at Rs.1950 and though it has come off this high, it continues to trade in the green at Rs.1928 levels.

BPL gets all energized

about 12 years ago

BPL Ltd , all of a sudden, is in action today with the stock price spiking up almost 7% at Rs.22.55, its current high point of the day. Its 52-week high is at Rs.25.85. The stock has zoomed up reacting to the statement which the company issued yesterday after market closure. The Board of Dir ...

Gala Global hits life time high

about 9 years ago

Gala Global Products hit a new life time high today at Rs.390 with volumes over 3 lakh shares.

FIIs - NOT ALL LOVE IS LOST, YET

about 15 years ago

Grapevine has it that FIIs are beating a hasty exit from India. Their love for India is all lost in the quagmire of politics, policy paralysis, inflation, falling growth rate and general apathy from all ends. Someone said that the "I" in BRIC has fallen off. Now isn't that being too dramatic? But this could have stemmed from the data put out by SEBI on 31st Dec 2011.

CASINOS –A GAMBLE FOR ALL

about 7 years ago

Talk to any local and they all say that tourism is good but they now want the “good” kind not the boozing and casino going kind as they feel this image of Goa is tearing at the very fabric of the state’s culture. There has been a growing voice against the casinos and for years and years, be it the Congress or the BJP, they all have promised relocation of the casinos

IIP, CPI AND TCS... ALL DISAPPOINT

about 11 years ago

It was a bad set of numbers - both IIP for November as well as CPI for December. And then to top it all off, TCS announced its Q3FY16 numbers and they were much, much below analyst expectations. Thank god these numbers came in after market closure or else the already lackluster market, with a strong inclination towards a fall

ALL YOU WANTED TO KNOW ABOUT T2T STOCKS

about 14 years ago

Today morning, traders woke up to the news that effective 31st Aug, BSE will shift 74 stocks in the Trade-to-Trade basis or T2T segment to take preventive surveillance measure to ensure market safety and safeguard the interest of investors. But the BSE at the same time has also clarified that

UNION BUDGET FY19- IT’S ALL ABOUT BHARAT

about 9 years ago

In one word – good. This is a good Budget. Maybe the first 20 minutes or so sounded more like an Election speech, getting ready for 2019 but from then on, it has been a well thought of, detailed Budget. We talk about rising inequality and inclusive growth – well, this is Budget is all about the farmer and rural India; trying to raise people on the lowest rung of the economic ladder to a higher rung and bringing in more to the ladder at least.

MODI WIN – ALL DOORS ARE NOW OPEN, OPPORTUNITIES GALORE!

about 10 years ago

This is really HUGE as it shows that demonetization or not, Modi magic remained intact and people in UP booted out BSP and SP for a complete change. This win also gives Modi an almost complete mandate in India; he rules! What it also does is, it puts the onus now completely on the BJP to work on economic reforms and do all that it had all along promised to do.

RELIANCE INDUSTRIES – RESULTS BEAT ALL ESTIMATES

about 10 years ago

The Q4FY17 numbers of Reliance Industries were expected to be exuberant and it most surely was. It beat all estimates and the market is sure to react positively. Mr.SP Tulsian has expected the company to clock in a net profit of Rs.7700 crore

ECONOMIC SURVEY - A "THALI" OF ALL THINGS WE WANT TO SEE

about 7 years ago

The Economic Survey was tabled in the Parliament today and everything that the Chief Economic Advisor (CEA) Krishnamurthy Subramanian sad, rung so true. We all nodded our heads in affirmation, thinking, “yes, this is exactly what we need!”

MARKETS AWAIT 2nd JUNE, 11 AM - ALL EYES ONLY ON RBI

about 12 years ago

So the big day is tomorrow and the Indian stock markets are in a "waiting" mode. The lackluster mood on Dalal Street today saps out whatever little energy the heat has already not sapped out. All are waiting for 11 AM tomorrow - will he or won't he is the big question. If Rajan were to look at the GDP numbers of Friday, he does not have too much reason to reduce rates. The growth rate of 7.5% in Q1FY16 shows that the economy is doing well;

RIL - Q2 PERFORMANCE BEATS ALL ESTIMATES

about 11 years ago

Reliance Industries posted a consolidated net profit of Rs.6720 crore, beating all estimates. Its core refining and petchem is what helped this super performance. This can be seen from the fact its Gross refining Margin (GRM) for the quarter came in at US$10.6/barrel v/s US$10.4/barrel in Q1; the highest GRM in past seven years.

RELIANCE INDUSTRIES - Q3FY16 NUMBERS BEATS ALL ESTIMATES!

about 11 years ago

Reliance Industries posted a set of, as estimated, super numbers for Q3FY16. It actually beat all expectations and after a long time, pleasantly surprised one and all. This is very good news for the market when it opens tomorrow and hopefully, the momentum of this good performance from RIL, will propel the indices into the green.

RELIANCE INDUSTRIES - Q1FY17 NUMBERS BEATS ALL ESTIMATES!

about 58 years ago

After the disappointing performance of two IT biggies- Infosys and TCS, the Q1FY17 performance of Reliance Industries came as a big relief. Beating all expectations, the petrochemical major posted a 4% rise in net profit on the back of improved Gross Refining Margins (GRMs) which rose from $10.8/barrel

RELIANCE INDUSTRIES - Q1FY17 NUMBERS BEATS ALL ESTIMATES!

about 10 years ago

After the disappointing performance of two IT biggies- Infosys and TCS, the Q1FY17 performance of Reliance Industries came as a big relief. Beating all expectations, the petrochemical major posted a 4% rise in net profit on the back of improved Gross Refining Margins (GRMs) which rose from $10.8/barrel to $11.50/barrel (QoQ) and this was mainly on account of inventory gains. It beat even our Editor Mr.SP Tulsian's net profit estimate of Rs.7075

ALL EYES ONLY ON RBI MEET

about 11 years ago

All eyes are only on tomorrow 11 AM. What will Raghuram Rajan do? Will he reduce rates or will he keep status quo? If he reduces rate by 25bps, will the markets react positively or would it once again move downwards, saying that it has already been discounted for? And if he remains status quo, which seems more likely, then will the markets go downwards? So what we see is that the markets can rise, if and only if the rate cut is to the

RIL Q1FY20 – BEATS ALL ESTIMATES!

about 7 years ago

Majority of the estimates had expected a muted performance for Q1FY20 due to pressure on margin, mainly on account of petrochem. But Reliance Industries went ahead and beat all estimates and posted a consolidated net profit of Rs.10.104 crore, up 7% (YoY).

Time Technoplast in the limelight

about 7 years ago

Time Technoplast today figures among the top three gainers on the BSE currently. The stock price opened with a gain of 8%

IPO MARKETS - THAT'S WHERE ALL THE ACTION IS!

about 11 years ago

While the secondary market is looking lackluster, hunting around for a trigger, the primary market is seeing some blockbuster action. Take a look at this statistics. In 2014, there were 6 IPOs and they managed to collect Rs.1261 crore. Prior to that, in 2013, there were just 3 IPOs and they garnered Rs.1284 crore.

ALL EYES WILL BE ON BERNANKE AND NOT SUBBARAO

about 13 years ago

The market is likely to shrug off this policy in the wink of an eye and move on, setting eyes on the RBI Governor counterpart in America - Ben Bernanke. The Federal Open Market Committee (FOMC) meet is scheduled for 30-31 July and the Indian markets are more eager to know the "tone" of Bernanke

COMPLAIN IS ALL THAT WE CAN DO….

about 7 years ago

The report showed that SBI topped the list with the highest number of complaints, followed by PNB and BoB. Of the total of 1.2 lakh complaints received, more than 50% were from SBI alone. In the private sector, a total of 55,000 complaints were received

IMF WORLD ECONOMIC OUTLOOK - IT'S REALLY ALL ABOUT MEASURING MOODS

about 12 years ago

The International Monetary Fund (IMF) put out a report yesterday on the World Economic Outlook. In many ways, the statistics actually tells us about the sentiments prevalent in these countries - where moods are somber, the growth rate is down and where moods are upbeat, the growth rate

SEBI GETS ITS MOJO BACK - GOES ALL OUT ON INSIDER TRADING

about 12 years ago

Finally, SEBI's teeth will be put to use! The much needed bite - tighter insider trading norms have come into place. What's has come in place, compared to the ramshackle 'norms' we had is good, aligned to international standards. Before we get into the merits and demerits of the new norms a quick look

CAPITAL GOODS - TIME TO BUILD ON THE STOCKS?

about 13 years ago

This maybe a new found sense of optimism but have taken a look lately at the capital goods sector? The sector is in the green while others like banking, PSU, Healthcare and FMCG are trending in the red. Of the 20 stocks in the sector, 14 are in the green, led by BHEL, Thermax, ABB,

INDIAN SEEDS – MNCs WILL STOP REAPING ALL THE HARVEST

about 10 years ago

Even the puny David could bring down the mighty Goliath. If Karsenbhai Patel could bring a MNC like Hindustan Lever on its knees, why can’t one individual give sleepless nights to a giant like Monsanto, the world’s largest seed company? Prabhakara Rao. This name would be uttered like a curse in the offices of Monsanto, which till now was having a jolly good run on the Indian fields. Commanding a monopolistic 90% market share,

COPPER HAS 'BEAR' WRITTEN ALL OVER IT

about 14 years ago

On 1st March 2013, copper prices fell to its lowest levels since 16th Nov 2012. And post the current Cyprus debacle, risk has gone up and its May contract dropped to almost 3% at $7545/tonne and other metals, aluminium and zinc have also slipped below $2000/tonne.

TIME TO LEGALIZE LOBBYING?

about 10 years ago

Mr.Sharma’s neighbor is the principal of the school in his area. They are acquaintances, not buddy pals. But now Mr.Sharma’s son is getting ready for school and he needs an admission in the very same school. Well, Mr.Sharma is now trying to breach the level of relationship from mere acquaintance to pals. He now does not miss a single opportunity to strike....

RBI ADOPTS A NEUTRAL STANCE - ALL EYES ON NEW DATA AND BUDGET

about 12 years ago

This was probably the most neutral RBI policy ever, with no guidance, no rate change, no change anywhere. The only change - it cut SLR rate by 50 bps to 21.5%, which would really have no real impact on the banks. The strong message which we got was that RBI is jittery about the Indian rupee and has put in place a few clauses to

UNION BUDGET FY18 – BRINGS ALL AROUND CHEER!

about 10 years ago

Overall, the Budget, as usual has been very good for the farmers, the poor, women, those living in rural areas and for those earning less than Rs.5 lakh per annum. If you are rich and earn more than Rs.50 lakh per annum – this budget does not bring any cheer, only more surcharge. For the market, it has been a good budget. No reduction in corporate tax rate was softened by the no change in long term capital gains tax.

THE HONEYMOON IS OVER - IT'S TIME TO GET TO WORK

about 12 years ago

We have read realms and realms of what Modi delivered in this one-year gone by. There have been enough editorials written and surveys conducted over his 365 days. This is but natural given the huge expectation wave he came riding on. These expectations were built partly by the non-performing

SOUL MISSING FROM ALL NEWS

about 11 years ago

Be it the electronic media or newspapers, the only news, as though nothing else happens in the country, is only and only about the dirty politics. The entire Indian media seems to live, breathe and talk only about politics. At times, it feels like there is nothing beyond our country and the politicians in 'this' world and 'our' world. Something like a frog in its well, never knowing there is an ocean to explore.

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?

PATEL AND POWELL – IT’S ALL ABOUT HOLDING ONE’S STEED

about 9 years ago

Let’s face the truth – we appoint a new RBI Governor, apart from us Indians, that too a small section, no one really cares. But a new Federal Reserve chief is announced; the whole world will sit up and take notice. He/she is undoubtedly the most powerful economic public figure on earth and the appointment of this chief can move the markets while the “tone” of his/her language is analysed and dissected to the bare bones by economists.

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.

RELIANCE JIO - ITS TIME FOR OTHER TELCOs TO RING '911'?

about 10 years ago

This is like a rock star event. There is really no other industrialist in India who garners so much attention and no AGM is covered like as though it is the biggest event of the year. When an elephant walks or decides to trample in the forest, the others scramble for safety. And that is what happens when Reliance decides to do things its way -

AKSHAY TRITIYA - NOT THE TIME TO BUY GOLD!

about 9 years ago

Till a few years ago, was Akshay Tritiya even known or advertised like the way it is today? Most people did not even know the existence of such an auspicious day and like the various modern day concepts of Mother’s Day or Father’s Day, this seemingly newly discovered ‘festival’ has come into being. How many really know the true significance of this day?

WINSOME WINS IT ALL – BANKS LOSE IT ALL!

about 8 years ago

Say, “defaulter” and the only name that pops’ up is of Vijay Mallya. Or now maybe Mehul Choksi and Nirav Modi. But do you know who is the second most wanted man who has duped some 13 banks to the tune of Rs.6500 crore? Jatin Mehta of Winsome Diamonds.

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..

PANIC STREET – FEAR STALKS BIG TIME

about 7 years ago

The sheer speed at which the markets fell today left everyone shocked and numb. And in that light, the IIP data for January and the retail inflation for February due today evening seems so outdated. With the Covid-19 striking a fatal blow, none of this data holds any relevance....

IPO - ITS ALL ABOUT PRICE, PRICE AND PRICE.

about 11 years ago

Dr.Devi Prasad Shetty is a cardiac surgeon with a heart. That is the kind of reputation and goodwill he enjoys across India. Thus there was a lot of excitement when one knew that his hospital - Narayana Hrudayalaya was coming out with an IPO. Most retail investors were excited about this issue and were hoping that they would get to own a small part of this hospital. The issue closes today and till today morning had received bids for only 30% of the issue size.

Logically, all logistic stocks up!

about 10 years ago

Today, the GST Council, headed by the Finance Minister will be meeting the Commerce ministry and various industry representatives and the objective is to debate and look ahead at the probable hurdles it could face, in terms of implementation. The two-day GST Council among other things will delibe ...

IS ALL THE NEWS WHICH WE GET TODAY "PAID" & "PLANTED?"

about 10 years ago

The first rule of quality journalism - never mix editorial with advertorial. But what happens to the integrity of the news when huge corporate start owning a slew of media companies? Can integrity be preserved or will 'some news' about the company or its group be logically skipped or com

HONEY, ITS TIME TO WAKE UP!

about 6 years ago

It’s quite unnerving – to know that the honey, supposedly given the go-ahead by the Food Safety and Standards Authority of India (FSSAI) is adulterated. 10 of 13 honey brands, even those we “think” are conscientious companies - Patanjali, Dabur, Baidyanath, Zandu, etc have failed the sugar adulteration tests that are mandatory

FALLING MARKET – UPLIFTING TIME FOR LT BARGAIN HUNTERS!

about 8 years ago

Why is it that when the markets are down consistently, bad and only bad news seems to come out from every nook and corner. The fact is that very same news pre-existed before the falling markets, the pessimism was always there but somehow, when the stock prices crash, this fall in overall confidence

WINTER SESSION - TIME TO WALK THE TALK

about 12 years ago

In the previous Budget Session, which was between 7th July to 14th August, a few important Bills were passed - The Finance Bill, Creation of National Judicial Appointments Commission for appointment of judges to the Supreme Court and High Courts, altered the boundaries of the states of Telangana

IIP MAY – ITS CONTRACTION ALL AROUND

about 6 years ago

As Covid cases spike across India, the IIP number for May 2020 does not come as a shock. At -34.7 v/s -57.6% we can only say that the contraction is a bit better, there is slight improvement as the lockdown was lifted in May. The number of units responding has improved in May 2020 as compared to the earlier months of lockdown.

THE EPIC MERGER - IT'S ONCE AGAIN ALL ABOUT SWAP RATIO

about 15 years ago

There are newspaper reports suggesting that Vedanta Resources is giving final touches to a merger of Sesa Goa with Sterlite Industries, creating a Rs 40,000-crore metals giant. This will also mean that Cairn India will get realigned with the new entity.

Pondy Oxides at life time high

about 10 years ago

Pondy Oxides is on a roll today! The company is a leading metallic oxides and plastic additives producers. It has broad based operations, manufacturing of Zinc oxide, Lead sub Oxide, Litharge Red lead and solid and liquid stabilizers of PVC. These products are used in battery industrie ...

Bajaj Finance hits life time high

about 10 years ago

Bajaj Finance announced today that its Board will be meeting on 26th July to consider issue of bonus shares and also go for a stock split. The company will also be considering its Q1FY17 results on the same day. This news took the market by complete surprise and it is celebrating this by cat ...

GANDHIJI AND HIS RELEVANCE IN TODAY'S "I, ME, MYSELF" TIME

about 13 years ago

Gandhiji has today become a mere face on the currency notes we spend faster than we earn and most of his ideologies have been buried deep, saying that they have become irrelevant in today's changing and modern times. And the very political party which was started on the principles of Gandhiji

LIC - BETTER THAN ALL FIIs

about 14 years ago

LIC today manages equity which is more than the sums managed by the entire mutual fund industry in India. So do we really have to worry much when FIIs sell or rather, why we do not give much credence to LIC buying

PSU banks all in the red

about 9 years ago

Amongst the top five losers on the BSE, the top four are PSU banks. It is led by Syndicate Bank, down 5.5% at Rs.78; SBI is down over 4%, BoB, Bank of Maharashtra, Andhra Bank, Indian Bank, Allahabad Bank, Union Bank, PNB;

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.

Kwality losing all quality

about 8 years ago

Kwality is the top loser on the BSE, hitting the 5% LC at Rs.10.32. This is also its new low and counter is dotted only with sellers.

TRADE UNIONS IN IT - BLAME IT ALL ON TCS!

about 11 years ago

The news from Tamil Nadu today was bleak. It has become the first state in India to allow employees of IT industry to form trade unions, bringing it under the Industrial Disputes Act, 1947.

OMCs all at new low

about 8 years ago

BPCL hit a new low today at Rs.330; HPCL too was at a new low at Rs.233.50 and IOC was also at a new low at Rs.146.

CRISIS? WHAT CRISIS, ITS ALL GOOD!!!

about 5 years ago

This is so bizarre; we today have a crisis at hand, despite the Govt saying that its not a crisis. A coal shortage in a country where there is Coal India, the largest coal producing company in the world, is not just funny anymore. While states are sending out messages that there are right at the bottom of the coal barrel, the Govt says its not so.

Time Techno surges

about 10 months ago

The stock rose 1.6% to Rs. 187, after touching an intraday high of Rs. 189.85, compared with the previous close of Rs. 184.10.

DHANTERAS – TIME TO BUY GOLD ETF

about 5 years ago

Just take a walk along the markets and look into the gold shops from the outside – its packed with people. The Tanishq shop at Matunga in Mumbai says that they have never been so busy and this has been the scene a couple of months before Diwali.

BANKER - ONCE AGAIN A BAD WORD; THIS TIME IN LONDON

about 14 years ago

On 1st July, Bob Diamond, now ex-CEO of Barclays wrote a long memo to his employees saying, amongst many other things, "I am sorry because we let down the people whose trust we rely on-our customers and clients; our shareholders; our regulators; and the communities in which we live and work."

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.

THE ALL IMPORTANT OPEC MEET – RELEVANCE FOR INDIA

about 8 years ago

It was a night of drama at the OPEC meet yesterday night at Vienna. Bijan Namdar Zanganeh, the Iranian oil minister walked out of the meeting in a huff and puff. Russia and Saudi have recommended a supply boost while Iran held its stand that they will not back this output rise. Iran does have a veto power but it is unlikely that this veto could have any effect; Riyadh might act unilaterally to boost output or abandon the 2016 cuts deal entirely.

BHEL loses big time

about 13 years ago

BHEL is a big loser today, down currently almost 11% at Rs.133.30 and this is after having hit a new 52-week low at Rs.133.20. Volumes remain muted. The PSU is a big loser as there is big disappointment over its Q1FY14 performance. Net sales dropped 24% (YoY) at Rs.6325 crore and ...

Moolah time for Southern Cement Companies

about 6 years ago

This trend is not restricted to Q2 of FY21 and infact better days are seen for Q3, Q4 of FY 21 and for Q1 of FY22 as well, as next 9 months are seen best for the sector.

TENDERING - TIME TO GO FULL ON!

about 5 years ago

Looking ahead, the management of L&T, which is actually the pulse of the country’s infrastructure sector growth, expects direct orders from the Govts, state as well as central, to slow down as they are expected to spend more on the pandemic related and other social issues. On the other hand, it expects the private sector to shore up spending

RELIANCE INDUSTRIES Q3FY18 RESULTS – BEATS ALL ESTIMATES!

about 9 years ago

“The performance of Reliance for Q3 will blast the markets on Monday!! I would not be surprised to see the share price hitting the four-digit mark before the Budget or even within a week!!” That’s how euphoric our Editor, Mr.SP Tulsian was, reacting to the Q3FY18 performance of Reliance Industries.

THIS IS HOW ALL THE MONEY IS COMING INTO SIPs…..

about 9 years ago

Ramnikbhai was a small garments shop owner in Surat. He took great pride in sourcing his collections from Mumbai. But nowadays, he just sits around on his charpoy, watching the world go by.

Dena Bank is all cheers

about 8 years ago

In the opening bell session, Dena Bank was the top gainer, going up over 7% to Rs.18.40. On the other hand, Vijaya Bank and Bank of Baroda, both are down in the red.

NANO – TIME TO SAY, “TA TA”

about 9 years ago

ata Nano. The small car kindled big aspirations; it reinstated the faith that if you can dream something, you can make it. But then it also taught us the entire country a very valuable, albeit expensive lesson for Tata Motors – marketing and advertising can make or break any product! The Nano is slowly but surely being phased out. There were be lesser and lesser Nano’s being made for domestic markets though the company says, production for exports will continue. Tata Motors has decided to stop investing anything more in the car

THE RISE OF GODMEN – WHEN REASON LOSES ALL LOGIC

about 9 years ago

Godmen/women are today worth millions and they come across more as business magnets and hungry for limelight rather than even remotely interested in anything spiritual. The fact that business and spirituality is being mixed, with the business cashing in on the brand image created by spirituality, it makes wonder about the true purpose of these Godmen.

NOT A GOOD TIME TO BET ON HIGH DEBT COMPANIES

about 11 years ago

The RBI reduced rates and there is hope that it has finally begun the downward rate cycle. So when the rates were up, we shunned high debt companies and now if rates are coming down, do we need to relook at some of these high debt companies? These companies are sure to show some

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.

NANO – NOT YET TIME TO SHUT DOWN

about 10 years ago

When the Nano was launched, it was the pride of India. The world media had never focused so much ever on India’s auto sector. The limelight was equally on Ratan Tata and he did keep his word. Nano was indeed the cheapest four wheeler in India but the class and status conscious India simply did not want to associated with a “poor man’s car. The very purpose for which the Nano was launched, to help the precariously perched families

ITI 'smaash'es all highs

about 3 years ago

The stock it opened over 4% higher at Rs.155.45 and went on to hit a new 52-week high at Rs.172.80, up 16%.

PMC GIVES A WAKE-UP CALL? ALL AWAKE?

about 7 years ago

Crisis is sometimes good because it is sign that somethings need to change, a wake-up call that mandates changes for a better life. That’s how we need to look at the Punjab Maharashtra Cooperative (PMC) Bank crisis. Thanks to its happenings, RBI was jolted out of its slumber.

PC Jewelers loses all shine

about 10 years ago

In this demonetization drive, at least on the stock market, PC Jewelers has probably been the biggest loser. The day the demonetization drive was announced, on 8th November, the stock price had closed at Rs.480.55 and today, it hit an intra day low at Rs.319.25, an erosion of over 33%. Gold a ...

PSU banks all in the red

about 9 years ago

The S&P BSE PSU Index is painted red, led mainly by PSU banking stocks falling like nine pins today. The pack of losers is led by Andhra Bank, followed by IDBI, Oriental Bank, Union Bank,

ALL EYES ON KURODA AND YELLEN

about 10 years ago

It's a big day tomorrow as far as Central Bank meetings are concerned. First the Bank of Japan - the country's central bank will meet and the tentative timing is around 10-111 AM when the BoJ will announce its fiscal policy and announce a decision on its interest rate. This will be followed by a Press Conference

INFOSYS, IIP AND INFLATION - ALL GIVE MARKET A SORE EYE

about 14 years ago

Feb IIP came in at 0.6%, less than 1% and the market was relatively happy and analysts also seemed pretty peaceful. And this explains the times we are living in today where as long as growth is in the positive, albeit low growth, that's enough reason to feel good. Many have started saying that the worst is probably over

L&T gets all excited about "listing"

about 11 years ago

L&T was in the limelight yesterday after it had announced winning orders worth Rs.1507 crore. The momentum continues into today also. The reason today – the much anticipated listing of its infotech arm, L&T Infotech might happen earlier than expected. The company had earlier said th ...

8K Miles brings all smiles

about 12 years ago

8K Miles had hit a new 52-week high yesterday at Rs.923 though it later came off these levels sharply. And today, from the closing of Rs.744, it opened at Rs.772, going on to hit an intra day high at Rs.815. It remains firmly in the green, up almost 7%. The stock is reacting positively to th ...

PATIENCE IS ALL THAT IS – FOMC

about 5 years ago

Yet, the Federal Open Market Committee (FOMC) did what is needed and not necessarily economically right by holding on to the interest rates near zero and repeating its vow to keep buying bonds at the current $120 billion monthly pace. The Fed can do nothing but remain patient at this juncture.

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.

Muthoot Fin loses all sheen

about 14 years ago

Muthoot Finance is currently the biggest loser on the BSE, down over 16% at Rs.126.65, with an intra day low at Rs.121.85. Volumes are huge at almost 3.5 lakh shares compared to 31,000 shares over two week average. The stock has tanked with the gold prices. After the fall on Saturday, today ...

MARKET IGNORES ALL GOOD NEWS - FIXATED ON ECB TAPERING?

about 10 years ago

he news is that the ECB is looking at gradually tapering the asset purchases - it is currently at 80 billion Euros or $90 billion per month. It is likely to slowly and gradually bring it down to 10 billion Euros a month. This is the reason picked by our markets, following the global cues

What is meant by time value in case of stock options?

about 12 years ago

Biocon hits a life time new high

about 10 years ago

The market is most obviously trilled to bits with the performance of Biocon. The company for Q1FY17 posted a 34% (YoY) jump in consolidated net profit at Rs.167 crore on a 21% jump in total revenue at Rs.982 crore. This performance was driven mainly by a strong uptick in two of its segments & ...

PSU banks tank big time

about 7 years ago

The losers list on the BSE is led by PSU banks – the banks into which the weaker banks are being merged. PNB, Oriental Bank of Commerce, Canara Bank, Indian Bank and Union Bank of India fell

GST COUNCIL MEET – ALL ABOUT STATES’ COMPENSATION

about 6 years ago

According to the Finance Secretary at the GST meet today, the compensation to the paid to the states would be to the tune of Rs.3 lakh crore vis-à-vis the compensation cess collection of Rs.65,000 crore. Thus there is a gap of Rs.2.35 lakh crore, which can be borrowed from the market.

SAHARA GROUP - ALL DOES NOT SEEM WELL

about 14 years ago

Interestingly, its group company, Sahara India Commercial Corporation in 2009, issued shares to its 2.6 million shareholders. This meant, after RIL and Reliance Power, it had the third largest base of shareholders. Why did it then not get listed? Because that would mean transparency and would involve corporate governance issues?

CAPITAL GOODS - TIME TO BUILD ON THE STOCKS?

about 12 years ago

The numbers of the past few months for IIP have been uncomfortable and within those numbers, Capital Goods have progressed pretty slovenly. Aug Capital goods number came in at a negative 11.3%, worse than a fall of -3.8% in July. The number in June was suspiciously very good at 23%

Time Techno top gainer

about 5 years ago

The stock is up among the top five gainers since the opening bell today, with the stock price rising 8% to hit an intraday high at Rs.89.50.

"Salman Khan" stocks slump big time

about 12 years ago

The Big news of today, maybe bigger than the market crashing over 600 points currently is the news of Salman Khan getting convicted in the 2002 hit-and-run case. The actor had been on bail since October 25, 2002. The sessions court found him guilty of culpable homicide not amounting to murd ...

IT'S ALL IN THE FAMILY!

about 10 years ago

A couple of days ago, China's richest man, Wang Jianlin, 62, founder and chairman of Dalian Wanda Group Co, owning a $92 billion empire announced that his only son, the heir apparent to his wealth, was no interested in taking over the business. This has prompted Wang to look for a successor

MUMBAI LOSING IT ALL TO DELHI

about 10 years ago

This was something which should not surprise anyone of us living in Mumbai. Realty prices continue to touch the sky and infrastructure continues to sag under the pressure of the ever growing population; and it has lost its place as the economic capital of India to Delhi. The latest report from the Oxford Economics shows that Delhi stands 30th among the top 50 metropolitan entities globally in 2015, pushing Mumbai to 31st spot. The report has said that, "Delhi Extended Urban Agglomeration (EUA) consisting of Delhi, Gurgaon

IPO MARKET - THIS IS WHERE ALL THE ACTION IS!

about 10 years ago

The IPO listings have been given some great returns to investors, the only anomaly being ICICI Prudential, which got listed much below the IPO price. The company made a disappointing debut at Rs.319 on the BSE v/s IPO price of Rs.334 and continues to wallow in the red. Here, the HNIs

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.

ALL FOR A FEW DOLLARS MORE!

about 6 years ago

This was a tax imposed without any justification. More importantly, it undermined the environment of legal certainty, the core of any investment decision into India. A retrospective tax is indeed tax terrorism.

RBI DELIVERS AS EXPECTED, ALL EYES ON FOREIGN BANK WOSs

about 13 years ago

There is no doubt that going ahead, inflation will remain the focus. Already inflation is at an elevated level, and good monsoon would mean higher demand, good growth but higher inflation. RBI has stated that while food price pressures may ease with the arrival of the kharif harvest and

Eveready Inds all charged up

about 11 years ago

Eveready Industries has been in the news since last week. First the news that it was planning to hive off its tea business to Mcleod Russel. The company later issued a clarification stating that it was upscaling and no such deal was truck. The next day another news surfaced - company is in t ...

Dr.Reddy's hits new life time high

about 11 years ago

Dr.Reddy’s Lab announced today morning that it has entered into a strategic collaboration with Amgen, one of the world's leading independent biotechnology companies. This deal is for marketing and distributing three Amgen medicines in India in the areas of oncology and cardiology. ...

Navin Flourine hits life time high

about 11 years ago

Navin Fluorine, a Gujarat based Arvind Mafatlal group company was recognized as one of the largest players in carbon credits. But with that business now over, the company now earns from its mainfray - refrigeration gases, Chemicals/ Bulk Fluorides and Specialty Organofluorines with manufacturing ...

BEST BUYS FOR DIWALI

about 14 years ago

The festival of lights is here and like every year, we all fervently hope and pray that Goddess Lakshmi continues to bless one and all. This is also the time when we all loosen our purse strings and go shopping in full throttle. And like every year, we present a list of stocks which you should buy to ensure that your next Diwali will be even more 'dhamakedar!'.

Torrent Pharma at new life time high

about 11 years ago

Torrent Pharma hit a lifetime high today at Rs.1720. It has come off this high but remains firmly in the green, up almost 3% at Rs.1650. The stock is reacting to the Q1FY16 results it announced on 27th July. It showed a good performance. Revenue for the quarter came in 75% (YoY) h ...

Time Techno in top gainers

about 3 years ago

Though the stock opened a bit lower, it soon rose over 6% to hit an intraday high at Rs.87 and volumes have jumped up almost 5x. Its 52-week high and low stands at Rs.125.90

Time Technoplast in limelight

about 4 years ago

The stock is in the limelight currently; rising almost 2.5% to an intraday high at Rs.87.95 while its 52-week stands at Rs.125.90 and 20% UC for the day at Rs.102.80.

RICE COULD SEE A PRICE RISE - BLAME IT ON EL NINO!

about 11 years ago

The drought all around India is sure to affect all crops and rice is one such foodgrain which could see some very sticky times. The blistering heat is today threatening to cut production of the rice crop for the first time since 2010 and effectively lead to a price rise. With more than 50% of the world's population eating rice, this is not exactly an appetizing news.

US FED HIKES RATES - CUE FOR RBI TOO?

about 8 years ago

For the 8th time since 2015 and third time in 2018, the US Federal Reserve, as widely expected hiked interest rate by 25 bps, to a range between 2% and 2.25%. And it removed the reference to “accommodative policy.” All eyes were also on what the Fed is likely to do next year – will it continue with its rate hikes or will it take it slow?

AN OPEN LETTER TO PM MODI

about 11 years ago

Last year, when all were looking at your one-year report card, we felt it was too short a time to really judge. Now you have completed two years. One cursory glance at the report card and we fear that if the same trend continues, next year's report card will be marked red. First and foremost, let me feel thankful that this year, at least the last couple of months

Cochin Shipyard docks first time on BSE

about 9 years ago

The buzz in the Grey Market was very loud and based on that, it was expected that it would list at around Rs.550 as against the IPO price of Rs.432/share. And it did not disappoint – it got listed on the BSE at Rs.435.

RICOH - CORRECTING THE SULLIED IMAGE

about 10 years ago

Finally, Ricoh India seems to have concluded its internal audit and come out and told us all what we all knew for some time now - apparently the company's accounts have been falsified and accounting principles and standards have been violated. And based on the internal audit,

Titan makes good time

about 6 years ago

The stock is sparkling in todays session, rising over 5.5% to hit an intraday high at Rs.1267.80. Its 10% UC of the day is at Rs.1319.90.

Titan's time to come

about 6 years ago

The market has not liked the performance and the stock opened in the red, going down over 3% to Rs.1515 and continues to hover around 1524 levels currently.

Time to be bullish on Men's Retail Companies?

about 6 years ago

With strong hands seen coming in, with weak hands having flushed out, this micro retail theme is likely to yield good returns to the investors.

THE ‘REAL’ MOVERS AND SHAKERS – BROKERAGE HOUSES!

about 10 years ago

Last week, one of the days, all of a sudden, Bharti Infratel became the top gainer on the bourses; no new news, all things remained same. So what made it zoom up? An upgrade from a foreign fund! Suddenly a stock gets catapulted into the limelight for no new reason, only because an FII thinks it’s the right time to “report” about it.

ITC tanks big time

about 9 years ago

A few days ago, in the first week of July, the stock was hitting new highs as the GST meant the company had to actually pay much lower taxes. But then came the ugly surprise

BEFORE CORONA (BC) – GROWTH RISES AND PRICE DIPS

about 7 years ago

At a time when we are looking at recession, there comes some small good news from IIP and CPI – we see some stabilization, not acceleration but now with the virus attack, guess all computations have gone askew.

TCI hits a new high

about 11 years ago

Transport Corporation of India (TCI) hit a new 52-week high today at Rs.330. Its life time high stands at Rs.475.55, hit on 4th Dec’06. Along with TCI, other logistic companies – Gati, Allcargo, Gateway Distriparks, Snowman, Patel Integrated, Sical; all these companies are strong ...

Tejas Networks slumps big time

about 7 years ago

Tejas Networks slumped to a new 52-week low today at Rs.105.10, going down almost 18.5%, not too far from its 20% LC for today at Rs.103.20.

IIFL Holding at a new high

about 10 years ago

IIFL Holdings hit a new 52-week high today; its previous high was at Rs.242 on 17thJune’16 and much before all this, it’s historic or life time high is at Rs.1974.90, hit in Jan’08. The reason for this euphoria is yesterday evenings announcement – UK’s governmen ...

OPEN LETTER TO MODIJI

about 10 years ago

It has been three years and what a year this was! Congratulations on completing three years and let me tell you at the onset itself that your popularity continues to remain high. Yesterday, the stock market hit a historic new high thus optimism continues to prevail. This third year of yours, actually, you might have lost a lot of fans due to the demonetization; I am not talking about the big time cash hoarders – they all would have managed to “convert” much ahead of us mere mortals.

NO CPI AND IIP - EVEN DATA UNDER LOCKDOWN!

about 6 years ago

The Govt, instead of announcing this ahead of time, waited till the stipulated time and did not release CPI for May and IIP for April. All it gave was a food CPI number which was up 0.1% at 9.28% and vegetable was down 10.7%.

BITCOIN- REMAINS CRYPTIC

about 6 years ago

The unprecedented rise in equity, gold and cryptocurrency are all pointers to this very fact. Usually, when there is so much uncertainty, its usually the US dollar and gold which attract all money but this time around, there is so much liquidity in the system that despite not knowing the situation ahead, people – retail, institutions HNIs all over the world

IRCTC at life-time high

about 7 years ago

The stock, which had closed yesterday at Rs.1418.95, went on to hit an all time high today at Rs.1596.95.

REALTY - PICTURE LOOKS PRETTY GRIM

about 12 years ago

In your childhood, you would have surely, at one time or the other, made a picture by joining dots. Though the plotted and numbered dots gave you a rough idea of what the picture is all about - an animal or a flower or a house; the whole effect comes to fore only when all the dots are joined.

Bajaj Fin at an all-time high

about 8 years ago

The market is thrilled to bits with the performance of the company and the stock price hit an all time high today at Rs.3282.

FED MONETARY STATEMENT - STATUS QUO CONTINUES

about 11 years ago

No Press Conference. No economic projections. Just an issue of monetary statement, leaving it to the world to read between the lines and make its own conjectures. That in nutshell was what today's Fed statement was all about - nothing different from the June one. As expected by all, there was no exact timeline given and no explicit signal was given; this too was on expected lines as Yellen has time and again reiterated that Fed's decision to hike or not to hike will depend on incoming data, meeting to meeting. So why were so many expectations riding h

Vedanta having tumultuous time

about 9 years ago

Vedanta’s pant in Tamil Nadu, Tuticorin is going through some serious unrest at the moment. In fact the protest yesterday entered the 100th day wgere agitators are demanding closure of Vedanta’s Sterlite Copper.

RBI’s NOT A POLITICAL BODY – DOES GOVT KNOW THAT?

about 8 years ago

Power struggles between central banks and the ruling Govt are common all across the world. The question is all about how the central bank digs its heels in and does not all the Govt to shove it around. That’s exactly what is happening with the RBI and Modi Govt in India right now. We all have known for a long time that the Govt, not just the current one but the UPA too

DCB hits a lifetime high

about 9 years ago

At a time when all banks are grappling with reality, getting hit with mounting NPAs and fear of defaults only growing, investors are rightly keeping away from most of the “BIG” banks. But amidst all this sell off in the sector, one small bank, DCB Bank has quietly been hitting new lifetime highs

LIC - PERSONAL PIGGY BANK OF GOVT?

about 11 years ago

Life Insurance Corporation (LIC) is one of the best managed organisations of India. Consistently profit making, it has proven time and again that it has probably got the investment acumen than all the FIIs and all investment analysts put together. Yet, there is now a worry creeping up slowly. Looking at the way in which LIC is now being made to pick up the tab everywhere, be it the railway or roads, and not to mention its stake in PSU banks, one cannot help wonder if LIC will soon be forced to go the Air India or HMT way. It is probably