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Data Patterns fantastic debut

about 5 years ago

There was a brand new listing on the bourses today; the stock made a stellar debut on bourses with a premium of 48%, listing on the BSE at Rs.864 v/s IPO price of Rs.585.

Data Patterns

about 5 years ago

High-Margin Defence Electronics Player
Subscription Start Date :14 Dec 2021 End Date :16 Dec 2021
Issue Size : 588 cr, Issue Type : Fresh cum OFS
Price Band : Rs.555 to Rs. 585
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Overall Subscription : 119.62x
QIB : 190.86x,HNI :254.22x,Retail :23.14x
Listing Date : 24 Dec 2021, , Listing Price : 856

Data Patterns at new high

about 3 years ago

Despite this, the stock price continues to rise. Today, it opened less than 0.5% higher at Rs.2800 but soon jumped up 9% to hit a new 52-week high at Rs.3036.

Data Patterns top gainer

about 4 years ago

From its previous close of Rs.1161.30, it opened much higher today at Rs.1269.95, rising further to Rs.1361.95 and is now trading at Rs.1354 levels.

WPI, CPI AND IIP DATA TO GET A MAKE OVER?

about 11 years ago

Every time that the IIP data comes in, we kind of shrug our shoulders and say, "what else". Ditto for inflation data, especially WPI which has been showing a deflation while on the CPI front, the RBI Governor is grappling with rising prices. We just look and move on - somehow, faith on these numbers has suffered a blow.

CHANGE OF BASE YEAR – MAKES MACRO DATA LOOK SO GOOD!

about 10 years ago

For most of us ignoramus, the Base year in economic parlance does not mean much; or rather does not mean anything. But today, when we base all our economic data for making important investment decisions, take a calculated risk even on what the RBI could announce, this base rate holds tremendous significance.

BEKAARI DATA IS BEKAAR?

about 9 years ago

A country which tracks CPI, WPI, IIP, Fiscal deficit, GDP, forex kitty and so obsessed about growth – how come this macro data is simply not considered to be important enough? Well, there is one small way in which we can save our face – Center for Monitoring Indian Economy (CMIE) provides a day-to-day unemployment data – it is displayed on the BSE website, right above the Sensex ‘up and down’ data – right on the masthead!

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?

MACRO ECONOMIC DATA - MERELY "ESTIMATES?"

about 7 years ago

With data now completely missing for April, will the entire data be an estimate only? And if its just an estimate based on various statistical “models” what is really the accuracy of this data?

MACRO DATA OVERSHADOWED BY IT EARNINGS

about 5 years ago

And there was macro data too. First the CPI for Dec which came in at 5.59% - a 6-month high v/s 4.91% (MoM) and v/s 4.59% (YoY). In CPI, it is food inflation which was the main culprit at 4.05% v/s 1.87% (MoM). The RBI has been mandated by the government to keep retail inflation at 4% with a margin of 2% on either side. This means, we are now at the upper side of this margin.

EBITDA Margin - a wrong data for stock pickers

about 6 years ago

Be careful and let's not accept everything with blind eyes.

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

Data center in green

about 9 months ago

E2E Networks hit a 10% upper circuit at Rs. 2,526 on the National Stock Exchange of India, while Anant Raj Industries rose about 7.5% to an intraday high of Rs. 570.55; Netweb Technologie

MARKETS WILL DANCE TO THE TUNE OF DATA IN JANUARY

about 13 years ago

January promises to be an action packed month; what we see now could be just the lull before the storm. It's the beginning of a new calendar year and the FIIs are also yet to return back in full vigor. But realistically speaking, that happening right now, given the tapering and the uncertain political environment

AGRI YIELD AND SOWING - WHEN DATA COLLECTED IS QUESTIONABLE

about 10 years ago

The bountiful harvest of the kharif season was eclipsed by demonetization and the farmers were left with grains but no one to buy as cash itself was in short supply. We had proof of this in the CPI numbers of December, which at 3.41% was the lowest since November 2014. This was on the back of food inflation which came in at 1.07% v/s 2.03%

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%.

IS THE AGRI DATA WE GET RELIABLE ENOUGH?

about 9 years ago

The kharif sowing season is on…it began in April and will continue onto July, with harvesting in October. Rice is the most important kharif crop and this year, the Govt has set new records when it comes to target. After the IMD forecast normal monsoon, the Agriculture Ministry is targeting record foodgrain output

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.

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.

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....

IIP & CPI – REALITY HITS HARD

about 7 years ago

The same cheer was expected to continue as long as the IIP and CPI data came in the positive. But that did not happen. Despite onion prices coming down, prices of meat and fish going up by 10.5% led to the CPI for Jan coming in at a shocker – 7.5%, which is much more than what most had expected.

AS EXPECTED – Q2FY20 GDP FALLS BELOW 5%

about 7 years ago

It was under the weight of all this data that we awaited the Q2FY20 GDP. As expected, the GDP was at 4.5%, going below the psychological 5%. Lifted by public administration and defence, the GDP was held at 4.5% or else it would have been closer to 4%.

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

WHY ARE BANK DEPOSITS FALLING? RBI ANSWERS...

about 8 years ago

The monthly bulletin published by RBI is pretty telling. At a time when we are grappling with low consumption and tight liquidity, a few insights by the RBI, which are based on indepth study of macro economic data is quite illuminating.

GROWTH SLOWS, INFLATION PICKS UP PACE

about 7 years ago

IIP for May came in lower at 3.1% v/s 3.4% (MoM) and CPI was at 3.18% for June v/s 3.05% (MoM) and this was obviously led by increase in prices of food and vegetables/fruits. Growth for May is a disappointment but then looking at the high frequency data for the past few months, this does not come as a surprise at all

UNANSWERED QUESTIONS AMONG UNQUESTIONED ANSWERS

about 6 years ago

The Question Hour was suspended but yet, there were so many questions asked by various ministers, specifically on the impact of Covid and yet, many had no answers simply because there was no data. In this era, where Data is the new Oil, to say that there is no data is really like being an ostrich – living with your head buried in the sand.

THE CONSUMPTION STORY - A DISCONNECT HERE

about 8 years ago

There is a sense of disconnect between the macro economic numbers and the other high frequency data coming in. Data came in that the private final consumption expenditure for Q3FY19 saw a growth of 8.4% (YoY).

SAUBHAGYA – WILL UP PROVE TO BE THE DURBHAGYA?

about 8 years ago

The data on the dashboard of Saubhagya, the electrification scheme for all introduced by the Govt, is probably the most comprehensive, dynamic and insightful data provided ever by any Govt organization. It is impressive simply because we are not accustomed to the Govt being so proactive

WHEN WILL ASSET RECONSTRUCTION GATHER MOMENTUM?

about 8 years ago

RBI put out some very significant data on Asset Reconstruction Companies (ARCs). This data came up through an RTI and shows that the existing 27 ARCs in India book value of loans purchased as at 31st March 2018 stood at Rs.3.23 lakh

WHEN WE LOSE FAITH IN GOVT DATA…..

about 8 years ago

When even the Prime Minister of India admits that he has no idea how many jobs his Govt is creating, doesn’t it point to a serious issue – data collection and reliability?

ARE FIIS BACK FOR GOOD?

about 8 years ago

After being net sellers since March’18, for the first time in five months, FIIs emerged as net buyers in July. Their net buying for the month stood at Rs.178 crore. Data available for first six days on August shows that they were sellers for two days, on RBI policy day and the next.

RBI AND US FED TO SET THE MOOD AHEAD

about 8 years ago

It is going to be a data packed week and when it is all about data, the mood on the Street is always wait-and-watch. After the record breaking past week, today it almost looks like as though the market is taking a breather, waiting to catch its breath, with an eye on the goal post, preparing for the next lap.

NO EDB INDEX – CAN GOVT CONCENTRATE ON US NOW?

about 6 years ago

We heaved a sigh of relief when we learnt that the WHO has decided to take a pause on the publication of the Doing Business report as a number of irregularities have been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019.

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!

ONLY QUESTION ON DALAL STREET – KITNA GIRA?

about 6 years ago

And because we are now closely linked with the markets abroad, especially US, it impacts our markets – US markets fall, we get hurt. So, while we might be feeling a bit better, feeling queasy about the data yet choosing to believe that the Covid has taken a short respite in India, its not so in other parts of the world – that’s the prime reason why the global markets got antsy and fell.

Hero on good roads

about 9 years ago

There is some new data from the Society of Indian Automobile Manufacturers (SIAM). It has stated that Hero Honda remains the market leader in bikes in India

Edelweiss gets the 'Midas' touch

about 13 years ago

Edelweiss Financial had breached the upper circuit yesterday at Rs.59.95 and today, it is traded at a new high at Rs.64.90. The stock remains around the same high levels currently, up over 5%. The stock has been scaling new highs on the back of Rakesh Jhujhunwala. As per data available on th ...

Idea Cellular rings a pretty tone

about 12 years ago

Idea Cellular is ringing a good tone today. Currently up almost 3% at Rs.179, the stock is at its intra day high point. Its 52-week high stands at Rs.203.90. The spotlight on the company is on news reports that it has hiked mobile data rates by 100% for pre-paid customers in the NCR region. ...

Sobha builds up

about 11 years ago

Realty player, Sobha is up and about today. The company, which usually precedes its Q4 numbers with some provisional data had good news to report this time. It announced yesterday after market closure that it has registered new sales area of 3.38m sq ft valued at 20.12bn at an average price ...

Idea Cellular at new low

about 10 years ago

Increasing capital expenditure and falling data volumes impacted the earnings of Idea Cellular for Q1FY17. Its standalone net profit for the quarter dropped 36% (YoY) at Rs.497 crore on a 8% rise in revenue at Rs.9487 crore. This number includes the full impact of spectrum acquired by Idea in Mar ...

Syngene Intnal hits a record high

about 10 years ago

Syngene International announced yesterday after market hours that it has completed a deal through which Syngene has purchased assets of Strand Life Sciences related to systems biology, Heptox and pharma bioinformatics services. This includes target dossier business and rights to NGS data analytic ...

Reliance Inds at new high

about 9 years ago

The market is apparently happy with the company’s new tariff plans for Jio. It upgraded its Dhan Dhana Dhan plan, and the new packs start at Rs 349, with data benefits.

Latent View Analytics

about 5 years ago

Data Analytics Company
Subscription Start Date :10 Nov 2021 End Date :12 Nov 2021
Issue Size : 600 cr, Issue Type : Fresh cum OFS
Price Band : Rs.190 to Rs. 197
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Overall Subscription : 326.49x
QIB : 145.48x,HNI :850.66x,Retail :119.44x,Other :3.87x
Listing Date : 23 Nov 2021, , Listing Price : 512

NMDC loses its sheen

about 13 years ago

NMDC is the top loser on the BSE, currently down 3.3% at Rs.127.20, which is around its intra day low. This stock, along with other metal stocks like Hind Zinc, Sesa Sterlite, Tata Steel, SAIl; all are down. The reason – China. Ever since PMI data came in for Feb’14 came in, ther ...

IS INDIAN ECONOMY DOING WELL OR NOT?

about 8 years ago

Somehow, the stark difference in the data of what the PMI indicates and what CMIE, which does extensive research, makes one wonder about the data that we are getting. Whom do we believe? IIP also does not indicate any of this duress on the ground.

WHEN THE CHIPS ARE DOWN - SIMPLY SIT DOWN AND 'REVISE'

about 12 years ago

At a time when the markets are lackluster, there are no evident triggers on the horizon and it is tax paying season, it is sometimes good to just sit back and take stock - not just of the stocks you own but of where you are headed. Just as this is the time when students dig into their books, revise and cram for exams, this is probably the time when we as investors can take this small time out to look into what one of the best investor in the world does - Warren Buffett. Though Buffett does not invest in Indian stocks, there are many investors who take cues from his investing patterns ....

HIGH COST OF LOW LIVING

about 5 years ago

We all have been paying a lot more for all our day-to-day needs – be it veggies or oil or any commodity. And then the macro data comes in saying that inflation is within RBI’s target. None of thus rung any alarm bell; thus its good that Amit Syngle, MD & CEO of India's largest paint maker, Asian Paints, sounded alarmist at the post-earnings conference call yesterday.

INFLATION - SNAKE IN THE GRASS

about 5 years ago

The puzzle here – we all are paying much more for the tomatoes and spinach that we buy, yet the macro data says that its in the negative! Surely something is amiss here. Maybe what we are paying for is the price of fuel – price of veggies might have gone down but that of transportation is what impacts us.

INFLATION GIVES THE CREEPS

about 5 years ago

This data might seem pretty benign as of now but what we are seeing underneath these numbers is cost-push inflation taking over. Inflation is being driven by supply rather than demand. With fuel prices touching the sky and commodity prices rising all over the world, this macro number is like a multi-headed hydra, just rising northwards.

IIP GROWS BY 134%!! WHAAAT!!!

about 5 years ago

And that’s how we need to look at the IIP data of today. Last April, India had the most severe lockdown on earth; thus the low base effect makes the IIP for April’21 look almost silly – the economy YoY grew by a huge 134.4% and maybe this is how the picture will look – exaggerated, also in May and June too.

DISMAL ECONOMIC NUMBERS BUT FOCUS COULD BE INFOSYS

about 8 years ago

The macro economic data which came in today evening was dismal. Inflation, as expected, was up and growth was down – a combination of up and down which is not much liked by the marketmen. And this economic data comes amidst a record high close of the stock markets despite trade wars gathering momentum.

IIP - LOSING RELEVANCE?

about 5 years ago

IIP used to be a data that evoked a lot of curiosity and then emotions – if the macro data was good the markets went up and if bad, naturally, down. But after the timing was shifted to 5.30 in the evening to avert this volatility, over a period of time, it looks like IIP has lost the relevance and the reverence it once enjoyed. Its just another data?

RBI SURVEY – PEOPLE TURN PESSIMISTIC

about 8 years ago

RBI did not have good news for Modi. In a survey released by RBI on 6th June, and the overall tone was “pessimistic.” As we wait for IIP and retail inflation data to be released tomorrow and the all-important Fed meet on the 13th, the findings of this survey would probably be the best thing to have a quick read about;

1ST ESTIMATE OF GDP - NOT THE GUIDING STAR FOR FY18 BUDGET

about 10 years ago

The GDP data which was published by the Central Statistical Organisation (CSO) on Friday was meaningless to say the least. It has considered data for the first eight months and demonetization happened in the 11th month. Thus the GDP number did not take into account the impact of something

NOV IIP - THANK GOD IT CAME FRIDAY EVENING!

about 13 years ago

This somehow seems to push away any hopes of recovery in the second half any time soon. At the same time, it makes one wonder whether the RBI Governor will take a respite on rate hikes once again on 28th Jan, given this shrinkage of growth. The IIP data indicates that there has been tremendous demand destruction and that means,

STATE DEBTS - SORRY STATE OF AFFAIR

about 14 years ago

On the website of the Ministry of Finance, the data on state debts and liabilities have been updated only till 2008-09. As per that list, till end of FY09, Maharashtra tops the list of states in India having the highest debt, followed by Uttar Pradesh, West Bengal,

FACEBOOK – CLICK ON “LIKE” OR “LOG OUT?”

about 9 years ago

We Indians too have become addicts to this social media site – everything right from the time one wakes up, has breakfast, lunch, work, friends and all day-to-day inane things of life are put up for the alleged “friends” to see; but apparently, the whole world and those who want to mine this data for serving their purpose are using this information of your life. Isn’t that reason enough to be worried?

MARKETS FALL OFF - LACK OF NEW TRIGGERS?

about 10 years ago

As of now, for the market, there is really no major positive trigger or a horizon to look ahead to. It is just sailing and currently it is getting tossed around in the rough sea. The market was OK till morning but the slide started after noon, briskly sliding over 200 points. The reason for this sudden sell off? Blame it on the USA economy. Yesterday, the US Labor Department there released data - a third

IIP AND CPI - A PLEASANT SURPRISE ON GROWTH FRONT

about 10 years ago

The macro economic data which came in today evening were very much on expected lines, no unpleasant surprises here. Consumer Price Index (CPI) for July came in at a two-year high of 6.07% v/s 5.77% in June. And this was led by sharp price rise in food inflation, which was at 8.35% v/s 7.38% (MoM). Vegetable inflation

RUPEE AT NEW LOW - BHAAG RUPEE BHAAG!

about 14 years ago

The general perception is that falling rupee and falling stock market could mean only one thing - FIIs are selling. But FIIs are not dumping stocks as being speculated. Yes, they always sell when the rupee falls as the value of their portfolio declines. As per data put out by SEBI, on 6th June'13

GDP FOR Q1FY17 - Q2 AND Q3 WILL BE BETTER

about 10 years ago

The writing of Q1FY17 GDP data was as such no expected to be anywhere near Q4FY16 GDP numbers, given the overall slowdown. But before the GDP numbers came in, the core sector data was also a pointer to the very same fact and it was data galore

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.

RBI THROWS A GOOGLY - HIKES REPO RATE BY 25 BPS

about 13 years ago

This rate hike is keeping in line with the Urjit Patel report where the RBI is looking at a shift from WPI to CPI and priority remains price stability though the Governor did voice concern over the falling growth. The forward guidance given by RBI is dovish and this would be highly data dependent. A "dovish" stance means there are no aggressive undertones to the document. On the other hand, a "hawkish" tone would have meant the exact opposite

DEC IIP - GETTING TO THE BOTTOM OF THE PIT

about 15 years ago

Next month is extremely decisive. Jan IIP numbers will come in on 12th March. The RBI will present its Credit Policy on 15th March and the Union Budget is scheduled for 16th March. Before that, next week, we have the inflation data coming in. In all likelihood, RBI

CHINESE WHISPERS - GETTING LOUDER AND MORE ACCURATE?

about 15 years ago

How much credence does one give to the data coming from the Govt? Not just the Indian Govt departments but from Govt agencies across the world. We have an inbuilt sense of faith when the word ''Govt" comes in and somehow, mentally, we never doubt the figures

FEB IIP - THE SLOWDOWN IS MORE PRONOUNCED

about 15 years ago

Due to this change and also minor updation of data received from other source agencies, the IIP for January 2012 has been revised from 187.9 to 177.9 and, therefore, growth rate over the corresponding period of previous year has been revised from 6.8% to 1.1%. Further, cumulative index for the period April, 2011 to Jan'12 which was released as 169 has been revised to 168. Consequently, cumulative

RABI CROPS AND RURAL CONSUMPTION

about 14 years ago

For us city dwellers, where pulses and vegetables means going to the market and getting it, what could probably be the significance of rabi and kharif crops? Do they even mean anything to us? Well, if it does not mean much, it should! Because it is these crops which will decide all the economic data

NOV IIP -LIGHTS OUT AFTER OCT BRIGHTNESS

about 14 years ago

If the Sept IIP data shocked us by showing a degrowth, October IIP came in at an unbelievable 8.2% and once again, November, as expected, slipped back to degrowth. Thankfully, it was as expected or else another positive IIP would have been very difficult to digest. Some things, even if bad are acceptable when expected

Q3FY13 - WHAT TO EXPECT?

about 14 years ago

The countdown has begun to the Q3FY13 numbers. And this time around, like in Q2, it is not Infosys, but Indusind Bank which will kick off the results for the third quarter in the big ticket category, scheduled to announce its numbers on 9th Jan'12. Infosys will declare its numbers on 11th Jan and like in Q2, IIP data i

OCT IIP AT 16TH MONTH HIGH - BLAME IT ON DIWALI!

about 14 years ago

If the Sept IIP data shocked us by showing a degrowth, this month, in October, IIP came in at an unbelievable 8.2% as against a widely expected IIP of around 4.2%. This can be clearly blamed on Diwali.

SHADOW BANKING - LOOMS LARGE IN MURKY LANES

about 14 years ago

The Indian banking system may not be looking particularly sunny currently but there is a shadow of this banking which is not just thriving but booming business. Yes, known as shadow banking, it is the alternative banking, used by majority of Indians. RBI data stated that assets of more than 12,600 NBFCs increased at a compound annual growth rate of 23% between 2005 and 2010, reaching $122 billion, equivalent to 11% of total bank assets.

PATENTS - WHY SUCH LOW COUNTS FROM INDIA?

about 13 years ago

Take the case of IBM. For 21 consecutive years, IBM has owned the maximum patents in USA. As per data presented by IFI Claims Patent Services, IBM secured a staggering 6,809 patents in 2013. Samsung was at number two, owning 4,676 patents. Canon was third with 3,825 and Sony fourth with 3,098. Rounding out the top five was Microsoft with 2,660 patents. The remaining top

RBI DECIDES TO WAIT-AND-WATCH

about 13 years ago

RBI has though warned. It has stated, "RBI will be vigilant. Even though the Reserve Bank maintains status quo today, it can help guide market expectations through a clearer description of its policy reaction function: if the expected softening of food inflation does not materialise and translate into a significant reduction in headline inflation in the next round of data releases, or if inflation excluding food and fuel does not fall, the Reserve Bank

CDR - AN ESCAPE ROUTE FOR PLANS GONE AWRY

about 13 years ago

As per data on the CDR cell website, since its inception till 31st Dec'13, it has received 605 cases (365 cases as at 31st Dec'11) of which 105 cases were rejected, approving 443 cases. There were 69 cases which exited the CDR successfully while currently 259 cases are 'live'.....

TAX FREE BONDS - THE 'BEST' FLAVOR OF THE SEASON!

about 13 years ago

And exactly like last year, this time too, PSUs continue to take the lead in issuing tax free bonds. The 'season' was flagged off by two offers - National Highways Authority of India (NHAI) and Indian Railways Finance Corporation (IRFC). As per data put out by SEBI, public issue of NCDs and tax-free bonds, till end of Feb'14 mobilised Rs.33,842 crore - this is almost double the money collected in FY13. Tax-free bonds offered by IRFC, Power Finance Corporation (PFC) and NHAI

FISCAL DEFICIT WORRISOME, GDP SAYS, “DON’T WORRY!”

about 9 years ago

There were two big macro data which came in today. One was the fiscal deficit and the other was Q2FY18 GDP. Fiscal deficit came in during market hours and it left a telling effect on the index. The Sensex plunged over 450 points today as the fiscal deficit raised its ugly head. The fiscal deficit – which is the difference between what the Govt earns and what it spends

JUNE IIP – GST LEAVES A TELLING EFFECT

about 9 years ago

Almost like a precursor to the IIP data for June, the Economic Survey Volume II, which was tabled during the day in the Parliament today, probably for the first time, held a pessimistic view on growth forecast. It has taken into account a downward risk emerging to the earlier estimated GDP growth of 6.75% to 7.50% for FY18.

‘SUV’IVAL OF THE (UN)FITTEST!

about 10 years ago

Yet, the latest report is baffling, defying all that we actually see on the ground – from the data provided by the Society of Indian Automobile Manufacturers, it appears that one out of every four cars sold in India is now an SUV. So much so that it is today eating away a large portion of the passenger car pie. Hyundai Creta and Maruti Vitara Brezza are the top selling ‘compact'....

THE WINNERS OF BUDGET FY18 ARE……

about 10 years ago

The Budget is over and gone. But before we forget about it and move on, a quick look at those who have reasons to cheer; the clear winners of this Union Budget. Afterall, for the market, all that matters is not the macro data but micro-micro …the stocks that gain; it all boils down to only that! So here is a quick list of companies which stand to gain today and we will see them reaping some, if not all the advantages in FY18.

NO SURPRISES HERE - FED KEEPS RATES UNCHANGED

about 10 years ago

The timing itself was so wrong. Last month's job data was discouraging. And then there is the looming Brexit referendum on the 23rd. With such a big event ahead, surely there was no way that the US Fed would have added more to the global turblence. Last time itself, Yellen had talked about the Brexit

IIP FOR APRIL - FASTEST GROWING ECONOMY IN WORLD SHOWS A DEGROWTH????

about 10 years ago

A week ago, the headlines screamed that India was the fastest growing economy in the world. And today, IIP data for the first month of FY17 starts with a degrowth. IIP for April came in at -0.8%. This was broadly expected as IIP in March has literally been held by a thin shard of thread in the green at 0.3%.

RABI CROPS - AB RAB HI BACHAYE!

about 11 years ago

While we are all very busy texting and giving opinions of social media about Aamir Khan and the Winter Session, there is a sense of disquiet in the hinterlands of India. They have a life changing situation and could be least bothered about Aamir threatening to leave India. The rural farmers are unnerved. Kharif was bad and now rabi crops too are not looking all that good. There is data to support to this sense of anxiety. The Ministry of Agriculture has put out a report saying that the total area sown for Rabi crops touched 12.3 million hectares by

CHINESE INVESTORS - YOU CAN NEVER STRAIGHTEN A DOG'S TAIL!

about 11 years ago

China announced its Q3 GDP data yesterday and this was greeted with a mixed, don't-know-exactly-how-to-react kind of reaction. Its GDP showed the slowest growth for a quarter since March 2009, yet, at 6.9% (YoY), it was much better than what majority of analysts around the world had expected.

FINALLY SOME GOOD NEWS ON IIP AND CPI FRONT!

about 11 years ago

After the depressing markets and the even more disturbing happenings in the Parliament, the CPI and IIP data which came in later in the evening were worth cheering. At last some good news! First July CPI. Food inflation came in at 2.15% v/s 5.48% (MoM) and that alone helped the overall CPI come at down at 3.78% v/s 5.4% (MoM).

Q4 AND FY15 GDP - ONUS BACK ON RBI TO SPUR GROWTH

about 12 years ago

Today's Gross Domestic Product (GDP) data was relevant for two reasons - firstly, it will be very important for the RBI Governor who may or may not announce a rate cut on 2nd June. Secondly, this is the first set of GDP data which is based on the new method.

MAHARASHTRA KHARIF CROPS - NOT A GOOD STORY

about 12 years ago

For us city dwellers, where pulses and vegetables means going to the market and getting it, what could probably be the significance of rabi and kharif crops? Do they even mean anything to us? Well, if it does not mean much, it should! Because it is these crops which will decide all the economic data which we track sitting in the comfort of our homes/offices. And it is these crops which will decide the swing of the stock market.

CHANGE OF BASE YEAR - A GOOD MOVE!

about 12 years ago

For most of us ignoramus, the Base year in economic parlance does not mean much; or rather does not mean anything. But today, when we base all our economic data for making important investment decisions, take a calculated risk even on what the RBI could announce, this base rate holds

FII's SHUDDH DESI ROMANCE FOR INDIA

about 12 years ago

As per data put out by SEBI, yesterday, on 8th Sept, FIIs invested Rs.327 crore in equity and Rs.2013 crore, taking the total, investment by FIIs from 1st Sept to 8th Sept at Rs.11,327 crore. As against this, for entire month of August'14, FIIs had put in Rs.17,105 crore - over 66% of entire August's money has come in first 8 trading days of Sept. That's most certainly huge!

KHARIF CROPS - WAITING FOR THE RAIN GODS

about 12 years ago

For us city dwellers, where pulses and vegetables means going to the market and getting it, what could probably be the significance of rabi and kharif crops? Do they even mean anything to us? Well, if it does not mean much, it should! Because it is these crops which will decide all the economic data which we track sitting in the comfort of our homes/offices. And it is these crops which will decide the swing of the stock market.

CHINA - SLOWING DOWN?

about 14 years ago

In the past few days, just as there has been not-so-good news coming in from India, China too seems to be having its own set of macroeconomic issues. Based on the data of the past, it looks like the second largest economy of the world was also grappling with reality and growth issues.

THE RISING COST OF ROYALTY

about 13 years ago

As per data put out by DIPP, in FY13, almost 20% of FDI earned by India, which was at $22.4 billion, went away as royalty payment and that, in a nutshell, tells us the tale of royalty payment.

REALTY - INVASION BY 'FOREIGNERS' PUSHES UP UNREAL PRICES

about 13 years ago

As per the the latest data published by the Australian Govt, Chinese investors spent almost 6 billion Australian dollars (US$5.4 billion) on real estate during the 12-month period ending in June 2013. An HSBC report published in February named Australia as China's No. 1 destination for overseas property. And to follow all this up, Credit Suisse released a report that forecasts a flood of Chinese investment over the next

RBI KEEPS STATUS QUO - NO 'APRIL FOOL' PRANK HERE!

about 13 years ago

Looking ahead, it would be too early to start predicting what RBI would do in its next policy as it will continue to be data driven - with monsoon predictions to rule all decisions as it will directly affect inflation. Yet, it we were to read the writing on the wall, rate cuts are not seen anywhere on the horizon, lets only hope that no more rate hikes comes. If inflation soars and monsoon fails, well, a rate cut would be inevitable.

Will Auto Sector rev up after the Budget?

about 12 years ago

We are featuring the auto sector and auto stocks, which are likely to remain in focus over the next 12 months, based on the monthly sales data for first 10 months of FY15 (April 14 to January 15) for listed auto makers. Read our analysis for each of the categories - two wheelers, M&HCV, LCV, tractors and passenger vehicles.

PAYTM KILLED THE GOLDEN GOOSE?

about 5 years ago

It brings to mind Honey Singh singing, “Aunty police buladegi” with Paytm being the police who spoilt the rave party of IPOs. The few listings over the past few days have been poor. Paytm did spoil the party in the sense that the mad rush to buy any and every IPO stopped – people are now actually asking about the company before rushing in for listing gains.

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

Unimech Aerospace

about 2 years ago

A High-Flyer!
Subscription Start Date :23 Dec 2024 End Date :26 Dec 2024
Issue Size : Rs. 500 cr, Issue Type : Fresh cum OFS
Price Band : Rs.745 to Rs. 785
--------------------------------------------------
Overall Subscription : 175.31x
QIB : 317.63x,HNI :263.78x,Retail :56.74x,Other :97.81x
Listing Date : 31 Dec 2024, , Listing Price : 1460

2016 - EMERGENCE OF A NEW TELECOM GIANT

about 11 years ago

2016 is going to be BIG for Mukesh Ambani. While younger brother is into everything - right from defence to infrastructure, elder brother is slowly but surely building his predominance in his core business - petrochemicals and now telecom. Mukesh Ambani has always done everything king style, huge, larger than life. His foray into Indian telecom is not small - its huge to put it lightly, nearly Rs.34,000 crore.

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 -

Poonawalla Fincorp at 5% LC

about 5 years ago

The stock which had closed yesterday at Rs.181.20, opened itself today at its 5% LC of the day at Rs.172.15.

IValue Info

about 1 year ago

A Valuable Opportunity
Subscription Start Date :18 Sep 2025 End Date :22 Sep 2025
Issue Size : Rs. 560 cr, Issue Type : OFS
Price Band : Rs.284 to Rs. 299
--------------------------------------------------
Overall Subscription : 1.82x
QIB : 3.18x,HNI :1.26x,Retail :1.28x
Listing Date : 25 Sep 2025, , Listing Price : 285

Jaro Institute

about 1 year ago

Profitable Ed-tech Company
Subscription Start Date :23 Sep 2025 End Date :25 Sep 2025
Issue Size : Rs. 450 cr, Issue Type : Fresh cum OFS
Price Band : Rs.846 to Rs. 890
--------------------------------------------------
Overall Subscription : 22.06x
QIB : 35.35x,HNI :35.48x,Retail :8.71x
Listing Date : 30 Sep 2025, , Listing Price : 890

Om Freight

about 1 year ago

Avoid
Subscription Start Date :29 Sep 2025 End Date :3 Oct 2025
Issue Size : Rs. 122 cr, Issue Type : Fresh cum OFS
Price Band : Rs.128 to Rs. 135
--------------------------------------------------
Overall Subscription : 3.87x
QIB : 3.97x,HNI :7.30x,Retail :2.75x,Other :0.57x
Listing Date : 8 Oct 2025, , Listing Price : 82.5

Tata Capital

about 1 year ago

Merger Spoils the Party
Subscription Start Date :6 Oct 2025 End Date :8 Oct 2025
Issue Size : Rs. 15,512 cr, Issue Type : Fresh cum OFS
Price Band : Rs.310 to Rs. 326
--------------------------------------------------
Overall Subscription : 1.95x
QIB : 3.42x,HNI :1.98x,Retail :1.1x,Other :2.92x
Listing Date : 13 Oct 2025, , Listing Price : 330

ICICI Pru AMC

about 10 months ago

‘Sahi’ Hain!
Subscription Start Date :12 Dec 2025 End Date :16 Dec 2025
Issue Size : Rs. 10,603 cr, Issue Type : OFS
Price Band : Rs.2061 to Rs. 2165
--------------------------------------------------
Overall Subscription : 39.17x
QIB : 123.87x,HNI :22.04x,Retail :2.53x
Listing Date : 19 Dec 2025, , Listing Price : 2600

Gujarat Kidney

about 10 months ago

SME IPO wrongly on Mainboard
Subscription Start Date :22 Dec 2025 End Date :24 Dec 2025
Issue Size : Rs. 251 cr, Issue Type : Fresh Issue
Price Band : Rs.108 to Rs. 114
--------------------------------------------------
Overall Subscription : 5.21x
QIB : 1.06x,HNI :5.73x,Retail :19.04x
Listing Date : 30 Dec 2025, , Listing Price : 120

ESDS Software

about 2 months ago

High Potential
Subscription Start Date :28 Aug 2026 End Date :1 Sep 2026
Issue Size : Rs. 720 cr, Issue Type : Fresh Issue
Price Band : Rs.408 to Rs. 429
--------------------------------------------------
Overall Subscription : 135.88x
QIB : 261.5x,HNI :193x,Retail :40x
Listing Date : 4 Sep 2026, , Listing Price : 757

Raajmarg InvIT

about 7 months ago

1,884 pages, yet no Clarity
Subscription Start Date :11 Mar 2026 End Date :13 Mar 2026
Issue Size : Rs. 6,000 cr, Issue Type : Fresh Issue
Price Band : Rs.99 to Rs. 100
--------------------------------------------------
Overall Subscription : 13x
QIB : 19.34x,HNI :7.33x
Listing Date : 24 Mar 2026, , Listing Price : 107

Moving Average

about 8 years ago

Moving Average is a trend indicator which is widely used in technical analysis, due to its simplicity and effectiveness.

Xtranet Technologies

about 3 months ago

Xtra Weak
Subscription Start Date :23 Jul 2026 End Date :27 Jul 2026
Issue Size : Rs. 170 cr, Issue Type : Fresh Issue
Price Band : Rs.120 to Rs. 127
--------------------------------------------------
Overall Subscription : 12.24x
QIB : 7.13x,HNI :26.65x,Retail :8.98x
Listing Date : 30 Jul 2026, , Listing Price : 136

Balance Sheet

about 8 years ago

A company’s assets, liabilities and shareholder’s equity are reported in the balance sheet of the company. A balance sheet is prepared at the end of a financial year / reporting period.

Annual Report

about 8 years ago

An Annual Report presents the company’s audited accounts for the previous year as required by the corporate regulations. Annual Reports helps the investors in deciding and judging the financial and operational conditions of a company.

Reliance Industry Share Price & History

about 8 years ago

Inside details & Analysis of Reliance Industries' share price. Analysis of each division of Refining, Petrochem, Oil & Gas, Retail, Jio (Telecom & Digital) & Media.

How to calculate cost-to-income ratio of a bank?

about 14 years ago

What is TTM EPS?

about 13 years ago

Ardee Industries

about 2 months ago

Recent Capacity Addition
Subscription Start Date :5 Aug 2026 End Date :7 Aug 2026
Issue Size : Rs. 426 cr, Issue Type : Fresh cum OFS
Price Band : Rs.50 to Rs. 53
--------------------------------------------------
Overall Subscription : 133.66x
QIB : 197.77x,HNI :255.24x,Retail :45.71x
Listing Date : 12 Aug 2026, , Listing Price : 72

Fusion CX

about 4 days ago

Fragile Xperience
Subscription Start Date :14 Oct 2026 End Date :16 Oct 2026
Issue Size : Rs. 702 cr, Issue Type : Fresh cum OFS
Price Band : Rs.275 to Rs. 289
--------------------------------------------------

Listing Date : 22 Oct 2026,

Orient Cables

about 22 days ago

Capacity Increase bodes well
Subscription Start Date :25 Sep 2026 End Date :29 Sep 2026
Issue Size : Rs. 552 cr, Issue Type : Fresh cum OFS
Price Band : Rs.258 to Rs. 272
--------------------------------------------------
Overall Subscription : 92.27x
QIB : 183x,HNI :116.72x,Retail :30.55x
Listing Date : 5 Oct 2026, , Listing Price : 450

Moneyview

about 22 days ago

‘Money’ in View
Subscription Start Date :24 Sep 2026 End Date :28 Sep 2026
Issue Size : Rs. 1,092 cr, Issue Type : Fresh cum OFS
Price Band : Rs.32 to Rs. 34
--------------------------------------------------
Overall Subscription : 98.46x
QIB : 227x,HNI :115x,Retail :20x
Listing Date : 1 Oct 2026, , Listing Price : 55

NSE

about 30 days ago

Not So Exciting
Subscription Start Date :17 Sep 2026 End Date :21 Sep 2026
Issue Size : Rs. 22,569 cr, Issue Type : OFS
Price Band : Rs.1700 to Rs. 1785
--------------------------------------------------
Overall Subscription : 5.69x
QIB : 12.68x,HNI :6.54x,Retail :1.35x,Other :2.36x
Listing Date : 24 Sep 2026, , Listing Price : 1800

What does a shareholding pattern of a company reveal?

about 12 years ago

Wipro in the green

about 13 years ago

After the weak few days due to the stronger rupee, Wipro is up in the green today. The stock, which had closed yesterday at Rs.481.50, opened higher at Rs.486, going on to hit an intra day high at Rs.496.40. It currently remains at Rs.493 levels, up almost 2.5%. The stock is up after the com ...

Asian Oilfields in the limelight

about 10 years ago

Asian Oilfields hit an intra day high at Rs.137.50, just an inch away from its 52-week high of Rs.138.90. Since then it has come off this level and is now ruling at Rs.133, nevertheless, up over 3.5%. The market is happy with the news that it has received an order from Oil India for 2D Seism ...

Sun TV under dark clouds

about 11 years ago

Sun TV continues to remain eclipsed. Currently the second top loser on the BSE, it is down 4% at Rs.320 with an intra day low of Rs.311.95. Its 52-week low stands at Rs.258. In the ongoing battle between the Sun group and Ministry of Home Affairs (MHA), the PMO’s office has decided to ...

Orient Technologies

about 2 years ago

Attractive Pricing
Subscription Start Date :21 Aug 2024 End Date :23 Aug 2024
Issue Size : Rs. 215 cr, Issue Type : Fresh cum OFS
Price Band : Rs.195 to Rs. 206
--------------------------------------------------
Overall Subscription : 151.68x
QIB : 189.9x,HNI :300.56x,Retail :66.82x
Listing Date : 28 Aug 2024, , Listing Price : 288

Idea Cellular bottomline drops

about 11 years ago

Idea Cellular is currently finding itself amongst the top losers on the BSE. The stock slipped over 4% down intra day to Rs.121.40 and remains around the same levels. The stock tumbled down after the disappointing performance for Q4FY16 wherein consolidated net profit slipped 25% (QoQ) to Rs ...

Bharti Airtel rings a good tune

about 11 years ago

Bharti Airtel has been ringing a good tone since yesterday – in anticipation of better Q4FY16 numbers. And they were announced much later in the evening and today, the stock has reacted positively. The stock which has closed yesterday at Rs.373.15, jumped up to an intra day high at Rs.384.9 ...

Ipca Labs hits a new 52-week low

about 11 years ago

IPCA Labs is the top loser on the BSE currently, hitting a new 52-week low at Rs.480. The reason for this selling on the counter is the latest update from the company. It has informed that Global Fund of Switzerland has informed the Company that in the light of the warning letter issue ...

Asian Paints once again in red

about 11 years ago

Asian Paints is once again in the red today morning, down intra day by over 2.5% at Rs.852.50; it has recovered very slightly to Rs.856, nevertheless down over 2%. Last week the stock was down after a slew of brokerage houses downgraded the stock. Today, Kotak put out a report saying that it ...

Asian Paints painted red

about 11 years ago

Asian Paints is painted in the shade of red today and the painter is Nomura. The stock has dropped 2.5% to Rs.863 levels after Nomura issued a report stating that it had downgraded the stock to “neutral” from earlier call of “buy”. It has also cut the price target from Rs. ...

Idea Cellular rings the wrong tune

about 11 years ago

Idea Cellular is currently the top loser on the BSE, down over 7% intra day at Rs.105.60, a new 52-week low. The stock is down, reacting to the Q3FY16 numbers. The company posted a 6% (QoQ) decline in consolidated net profit at Rs.764 crore though revenue rose 4% at Rs.9010 crore. The bottom ...

Dr.Reddy's falls and tumbles

about 11 years ago

Currently, things do not look all that great for Dr.Reddy’s. The stock breached the lower circuit at Rs.3049.75, down 10% the moment it opened for trading. It has recouped but remains firmly in the red, the top loser on the bourses currently. The US FDA has put out a release on its web ...

NIIT Tech 'fly' high

about 11 years ago

NIIT Tech has hit a new 52-week high today at Rs.593.20; it had hit the previous high at Rs.586 on 20th Oct, post its Q2 results. Its life-time high stands at Rs.638. The stock has hit a new 52-week high, reacting to the news it published yesterday – it has signed a long term strategic ...

Idea Cellular rings a poor tune

about 11 years ago

Idea Cellular seems to have rung in a wrong number; the stock is the top loser on the BSE currently. It opened lower at Rs.149 and went down to Rs.143.80 and currently at Rs.145, down 4.5%. Its 52-week is not too far off – at Rs.137.25. The company’s performance for Q2Fy16 was di ...

Wockhardt up in the green

about 11 years ago

Wockhardt announced late yesterday evening that its manufacturing unit at L-1, Chikalthana, Aurangabad by UK MHRA has since been completed and there were no critical observations. This is the same plant, which earlier got clearance from US FDA which too said about that Chikalthana plant that it h ...

Tata Comm jumps up on a buzz

about 11 years ago

Tata Communications is doing pretty well in this otherwise poor market. The stock, after having hit an intra day low of Rs.405, has bounced back to Rs.415, up over 3%. Its intra day high now stands at Rs.418. Its 52-week high stands at Rs.504.90. The stock is up on unconfirmed news reports t ...

Amtek Auto bouncs back

about 11 years ago

Amtek Auto, after having bled constantly for two-three days, is back on the top gainers list today, that too when rest of the market is crashing. It breached the upper circuit today at Rs.70.10 and it is up over 5.5% with volumes surging to over 28 lakh shares. Explaining this sharp bounce b ...

Glenmark Pharma hits life-time high

about 11 years ago

Glenmark Pharma has hit a life time high of Rs.1228.25 and it is currently at Rs.1225 levels. Volumes are up over 1.5 times. The stock is up as the company has been granted final approval by the United States Food & Drug Administration (US FDA) for Drospirenone and Ethinyl Estradiol tabl ...

Bharti rings a Chinese tune

about 12 years ago

The China trip has borne fruits for at least one company immediately. Bharti Airtel on 16th May, Saturday, announced that it has received financing commitments of up to US$ 2.5 Billion from China Development Bank and Industrial and Commercial Bank of China. The Company signed the term sheets for ...

ABB tanks on Q1 numbers

about 14 years ago

ABB is currently the top loser on the BSE, down over 2.5% at Rs.522.50 and this is a recovery from the intra day low of Rs.514.80. The company’s 52-week low stands at Rs.469. The stock is down in the red on account of the disappointing numbers for first quarter ended 31st March 2013. T ...

Wockhardt in good health today

about 12 years ago

Wockhardt is in good health today. The stock opened up with a gap of Rs.84 at Rs.1962 and went on to hit a 52-week high at Rs.1980. The company which has been harrowed by the US FDA, for a change had some good news to offer. It announced yesterday after market closure that the US FDA had ins ...

SPARC flares up with a big spark!

about 12 years ago

SPARC or Sun Pharma Advanced Research Company hit a new 52-week high today at Rs.444.90 and the flagship, Sun Pharma also hit a high at Rs.1004.30. Both stocks continue to remain very much in the green, closer to the high levels. The stocks have spurted up after SPARC announced that the US F ...

Cyient hits a new high

about 12 years ago

Cyient, formerly Infotech Enterprises is the current top gainer on the BSE. The stock opened higher with a gap of Rs.20, which was its intra day, going on to hit a new 52-week high at Rs.512.20. Volumes are up almost two times. This Hyderabad based company is reacting positively to the ...

IPCA Labs spooked by US FDA

about 12 years ago

Once again, Bhushan Steel retains the unenviable position as numero uno loser on BSE while the second best loser today is IPCA Labs. The stock, which had closed yesterday at Rs.724.85, opened lower at Rs.676 and tanked to an intra day low at Rs.650. Its 52-week low is at Rs.609. It currently rema ...

Glenmark Pharma in good health

about 12 years ago

Glenmark Pharma is up 2.5% at Rs.553 levels, with an intra day high at Rs.557. This pharma stock has been in the green consistently for some time now. Today, the company has announced receiving the final ANDA approval from US FDA for r Fluocinonide Cream USP 0.1%, the generic version of Vanos ...

Bharti Airtel lines down

about 13 years ago

Bharti Airtel is deep in the red today, currently trading over 3% lower at Rs.343.35, with an intra day low at Rs.339.70. The stock is down today after FII, Credit Suisse put out a report on the stock, downgrading the stock to ‘underperform’ from ‘neutral’. It also re ...

Rcom rings in its Q3 numbers

about 13 years ago

Reliance Communication (Rcom) was a much anticipated Q3 performance and it grossly disappointed the marketmen. The stock which had closed on Friday at Rs.125.30, reacted to the numbers today, hitting an intra day low at Rs.121.05 and though recovered from this, it remains in the red, down over 2% ...

Idea's caller tune goes awry

about 13 years ago

Idea Cellular is currently the top loser on the BSE, down over 3.5% at Rs.140 and this is after gthe stock opening much higher and then going on hit an intra day high at Rs.149. The stock initially reacted positively to the Q3FY14 numbers where its consolidated net profit came in at Rs.468 c ...

Shipping companies sail high

about 13 years ago

Shipping companies are on a roll today, led by Essar Shipping, which is up over 3.2% at Rs.20.50, its current intra day high. Mercator, Shipping Corp of India, Bharati Shipyard, Varun Shipping, GE Shipping; all are in the green. The reason for this sudden spike up in shipping stocks is thank ...

Eicher Motors on the 'high'way

about 13 years ago

Eicher Motors continues to glide along the highway. After having a hit a new high on Friday, today too, the stock is strongly up, hitting a new 52-week high at Rs.5016.20, with an over two times jump in volumes. The stock has been up since the time many brokerage houses, FIIs as well as dome ...

Tata Comm hits new 52-week high

about 13 years ago

Tata Communications is ringing loud and clear today. The stock hit a new 52-week high at Rs.258 and there has been an almost 8 times spurt in volumes. The stock remains in the green, up over 8%. The stock is up on the back of its very good performance for Q2FY14. YoY, the company has turned ...

Tata Comm is top gainer on BSE

about 13 years ago

Tata Communication is the top gainer on the BSE, up 4.5% at Rs.196.40, with an intra day high and low at Rs.199.80 and Rs.195 respectively. Volumes are large at 84,000 shares being traded today morning compared to 58,000 shares over past two weeks average. The stock is up after the company a ...

Metal stocks shine bright

about 13 years ago

Metal stocks are shining bright today morning. The top gainer remains Hind Zinc and others following are Tata Steel, JSW Steel, Sesa Goa, Hindalco, Sterlite Inds and NMDC. The S&P Metal index is up 2.5% while the S&P BSE Sensex is up by less than 0.5%. Metal stocks are up on the back ...

Rallis up over 2.5%

about 13 years ago

Rallis India is doing well today morning, up currently 2.5% at Rs.144.15. its intra day high point. Its 52-week high is at Rs.168.75. Market cap is at Rs.2802 crore. The stock is up as this is now the sowing season and industry experts say that the domestic seeds industry is worth Rs.15,000 ...

KRN Heat Exchangers

about 2 years ago

Healthy and Excellent
Subscription Start Date :25 Sep 2024 End Date :27 Sep 2024
Issue Size : Rs. 342 cr, Issue Type : Fresh Issue
Price Band : Rs.209 to Rs. 220
--------------------------------------------------
Overall Subscription : 213x
QIB : 253x,HNI :430x,Retail :96x
Listing Date : 3 Oct 2024, , Listing Price : 480

MARKETS IN DEEP RED – WHAT TO DO?

about 9 years ago

At a time when the markets are truly down and out, hitting the red button every day, with FIIs selling equity and buying dent every day, with no evident triggers on the horizon, it is sometimes good to just sit back and take stock.

R K Swamy

about 3 years ago

Nothing sensational about it!
Subscription Start Date :4 Mar 2024 End Date :6 Mar 2024
Issue Size : Rs. 424 cr, Issue Type : Fresh cum OFS
Price Band : Rs.270 to Rs. 288
--------------------------------------------------
Overall Subscription : 25.94x
QIB : 20.58x,HNI :34.36x,Retail :34.03x,Other :2.52x
Listing Date : 12 Mar 2024, , Listing Price : 252

A VERY BALANCED POLICY

about 4 years ago

Persistent high inflation and a shift in global policy has led to this hike, while continuing to withdraw the accommodative stance. This is the fourth straight rate hike since May, taking the total rate hike to 190 bps. But the stubborn inflation, like a wild lion trying to be controlled by the ring master, continues to cock a snook, remaining elevated beyond the target ceiling.

HUM SAB MEIN HAIN 'HERO?'

about 5 years ago

News headlines all over the country, almost all over, carried the news about the IT raid at Hero Moto and how the team recovered a racket of bogus expenses to the tune of Rs.1000 crore. Rs.1000 crore bogus expenses? That’s unthinkable for 99% of us Indians; for many, putting in a voucher for Rs.1000 and then waiting for it to get cleared in itself is a big deal.

CPI – SHOCKER OF A NUMBER

about 4 years ago

For the man on the street, life is tough, what with cost of living rising beyond his ability to earn. With interest rates also going up, the EMI burden for the middle class is only going to increase. Ukraine and Russia are at war but for most of us Indians, its been war times since 2020 - first against Covid and now prices.

TECHNICALLY, IN RECESSION?

about 4 years ago

This was very much on expected lines. India’s GDP for Q4FY22 came in at 4.1% v/s 5.4% (QoQ) and v/s 1.6% (YoY). GDP for FY22 was at 8.7% v/s (-)6.6% (YoY) but much below the 8.9% projected by the Statistics Ministry in Feb. This is better than 7.3% for FY21. When GDP contracts for two consecutive quarters, technically, the country is in recession.

MEHANGAYEE MAAR GAYEE……

about 4 years ago

Inflation is clearly a poisonous snake in the paradise but even before the IIP and CPI came in today, it was taken for granted that pain will be there in the near term but the long term story is slowly but surely improving. We say this based on three facts.

RBI GOES TONGS & HAMMER BEHIND INFLATION

about 4 years ago

A few days ago, the US Fed hiked rates by an aggressive 75 bps and yesterday the Bank of England raised rates by 50 bps. And that pretty much indicated the RBI’s decision today – aggressive and decisive.RBI hiked the rate by, as expected, a 50 bps with immediate effect; aggressive but much needed to tame the wild inflation. RBI also decided to focus on withdrawal of accommodation

IIP DOWN, CPI UP

about 4 years ago

CPI for August came in at 7% v/s 6.71% in July, which was widely expected; no shocks or surprises here. But IIP for July came in much lower than expected at 2.4% v/s 12.7% in June. Sectors which showed a rise were manufacturing, electricity, primary goods, capital goods, intermediate, infra and construction.

GLASS HALF FULL OR HALF EMPTY?

about 4 years ago

The rising CPI for Sept and the falling IIP for Aug – none of these were unexpected or out-of-the-blue news. We all knew that the rains have been patchy and erratic, we all are paying much more for food than what we did last year and overall, we all have been affected, in a small or big way, by the higher cost of living. We might not have had to cut down on expenses as such but surely most of us do have a rethink

RBI - LOOKING AT THE SUN, WALKING FORWARD

about 5 years ago

The overall tone which came off was dovish, given the threat of Omicron and the factor of heightened uncertainty remaining a constant. Quoting Gandhiji and Mandela, the Governor sounded more anxious, saying, “Global monetary policy is reaching an inflection point, keeping financial markets edgy. India cannot be immune to global spill-overs and spread of new infections.”

DON'T WORRY, BE HAPPY!

about 4 years ago

The sector which kept the flag flying in the GDP was the service sector – alone contributing over 9% and this is reassuring; its like a cue for the RBI to maybe take a pause and look where things are headed. Many are expecting the aggression of rate hikes to come down and soon take a pause – maybe its not yet time to take the foot off the brakes.

INVESTING 'BUFFETT' STYLE OR YOUR STYLE?

about 14 years ago

Why this fascination for Warren Buffett? Well, he is undoubtedly the most successful and richest investor in the world. And he got rich by investing wisely in equity. But more importantly, his logic in investing in equities is so simple that any person irrespective of his/her education or qualifications finds it so easy to follow.

HERD MENTALITY - FOLLOW NONE BUT MAYBE BUFFETT?

about 13 years ago

Why this fascination for Warren Buffett? Well, he is undoubtedly the most successful and richest investor in the world. And he got rich by investing wisely in equity. But more importantly, his logic in investing in equities is so simple that any person irrespective of his/her education or qualifications

RUSSIAN SANCTIONS - WHAT, NO VODKA AND CAVIAR FOR OBAMA?

about 13 years ago

So the big question here is - do sanctions work? Well, in this case it does not seem like sanctions will work. Only when the rest of the world come together and collectively impose and follow the sanctions' basically isolate the 'erring' country, only then will sanctions will work. Like North Korea

SHOULD WE FOLLOW BUFFETT'S STYLE OF INVESTING?

about 10 years ago

When it comes to FIIs, Indian investors have a mind of their own. There is no mad herd mentality where investors just blindly seem to follow the FIIs. But when it comes to two names - Warren Buffett and Rakesh Jhunjhunwala, they seem to put most logic to sleep and just follow. More so when it comes to Buffett

Biocon hits a new life time high

about 10 years ago

Biocon hit a record high today at Rs.909.90, with some 2.5 times rise in volumes. The company announced yesterday after closing bell that Maylan’s application to market the biosimilar for treating certain breast and gastric cancers, Tarstuzumab has been accepted by the European Medicin ...

LOOKING BACK, LOOKING FORWARD

about 5 years ago

What we need to watch out for in Q3 earnings - the amount of de-leveraging done and how debt costs have come down. Cost management will be key in Q3 earnings and keep a watch on the cash flow – that will indicate the presence or absence of stress. As raw material costs rise, companies resorted to cleaning up their balance sheets,

FALLING MARKETS - WORRIED?

about 5 years ago

Listless with a downward bias – that, in short is how the market is today. The blame is fair and square on the new Omicron virus – as its infection spreads, so does the panic. The fear of lockdown and restrictions are so high that any news on virus causes a lot of anxiety. Well, there will be restrictions if the virus spreads but lockdown, nope.

Infibeam

about 11 years ago

Price Band : Rs. - to Rs. -
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Q4FY21 GDP - GROWTH BETTER THAN CONTRACTION

about 5 years ago

The GDP for Q4FY21 came in at 1.6% v/s 3% (YoY) and v/s 0.4% (QoQ). And the FY21 GDP shrunk to (-)7.3% v/s growth of 4% in FY20. This was mainly driven by the manufacturing growing 6.9% and construction sector over 14% and that too by the private sector.

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.

IIP CONTRACTS, CPI EXPANDS

about 6 years ago

The rising inflation and lower growth is worrisome. This indicates that some sectors did show growth but was not sustainable and probably was on account of a lower base effect. Maybe this is consolidation happening but the rising hydra-headed inflation is sure to put pressure on India Inc’s margins as the industry has still not got the pricing power back

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.

MANUFACTURE OR INNOVATE?

about 6 years ago

Ancient India was known for its thinking ability, its intelligence. Even in the modern world, it is our unique creation of yoga or Ayurveda, knowledge of spirituality which gave India the reckoning. Innovation, R&D used to be our forte and that is what we should reclaim and not aim to become the factory of the world.

INDIA POST – IT CAN BECOME THE BIGGEST BANK!

about 6 years ago

The significant aspect about India Post is that it is relevant even in today’s age of electronics and digital platforms, only on account of its small savings schemes. It offers some nine schemes - Post Office Savings Account, 5-Year Post Office Recurring Deposit Account, Post Office Time Deposit Account, Post Office Monthly Income Scheme Account, Senior Citizen Savings Scheme

THE TRUE WORTH OF GOLD

about 5 years ago

It is only now that we understand this perseverance to buy gold; we fully understand why gold has got so much significance in our Indian households. Always prepared for shortages, famines, floods and maybe our ancestors for pandemics, gold is the true fall back for millions of Indians. With unemployment raging, loss of income pushing many into poverty and risks going up, gold loan is once again becoming the most preferred avenue.

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

Q2FY22 GDP – FUTURE GOOD BUT FOR OMICRON

about 5 years ago

The Q2FY22 actually came in at 8.4%, which is much better than what was widely expected. GVA was at 8.5%. YoY, the picture looks skewed as 2020 was a year predominantly of lockdowns. QoQ, GDP in Q1 was at 20.1% and GVA at 18.8%. More than anything else, it showed that the Indian economy was slowly getting back to normalcy as almost all restrictions were lifted and economic activity rose with renewed fervor.

GDP Q1FY22 – BABY KO ‘BASE’ PASAND HAI!!

about 5 years ago

The YoY GDP picture looks completely skewed. And sequentially too, Q1 picture is looking big because of the second wave being at its peak in Q4, when lockdown on account of the second wave took its toll. Q1FY22 GDP came in at 20.1% v/s (-)24.4% (YoY) and v/s 1.6% (QoQ). The lower base effect makes the Q1FY22 growth look deceptively high

‘BOND’ING – WILL IT HAPPEN?

about 5 years ago

Thursday, today, is a BIG day for the Indian bond markets. 30th Sept is the day when Global index provider FTSE Russell, which placed Indian bonds on the watchlist for possible inclusion in its debt index, is set to announce the result of its review. And many say that inclusion is inevitable though it might happen only in early 2022.

OCTOBER – HERE’S TO YOU!

about 5 years ago

Rains have all but gone and the October heat has started beating down. Even as we sweat it out, the heart has hope as winter will soon come calling. With Navratri round-the-corner, Diwali and the wedding season expected to take off, hope is high that a lot of suppressed and repressed buying since last year will be unleashed this Oct – Nov.

CHINA SLOWS DOWN - DO WE WORRY?

about 5 years ago

We might say that we don’t need China but is that really possible in today’s interlinked world? China’s third-quarter GDP growth slowed to 4.9%, much lower than the estimated 5.2%. And this was due to the tepid 3.1% growth in industrial production, much below the expectation of 4 to 45.%. The numbers also showed that businesses were less keen to invest in new projects.

HUNGRY – FOR FOOD AND NOT POWER….

about 5 years ago

Like we did the last time too, India has voiced strong objection to this ranking, saying that the publishers “have not done their due diligence before releasing the report". The Govt has said that the FAO methodology is “unscientific", saying that “the scientific measurement of undernourishment

AND SO THE SESSION BEGINS…..

about 5 years ago

The Winter session has finally started and we hope that it does not turn into a Cold War but instead does what a Parliament is supposed to do – debate Bills. The Opposition needs to start developing more patience and stop staging walk-outs as that is neither helping the nation nor is it helping it score any brownie points with the people; they are now appearing weaker.

WHOSE 'MANTRA' TO FOLLOW?

about 5 years ago

His formulas are very simple – do not invest in complex instruments, do not invest in companies whose revenue models you do not understand, buy when others are selling, avoid compulsive buying and selling of stocks, live a modest life, avoid lavish spending, buy undervalued stocks, use your own method to evaluate stocks

BSE Limited

about 10 years ago

Price Band : Rs. - to Rs. -
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Plaza Wires

about 3 years ago

Caution – Please Do Not Touch
Subscription Start Date :29 Sep 2023 End Date :5 Oct 2023
Issue Size : Rs. 71 cr, Issue Type : Fresh Issue
Price Band : Rs.51 to Rs. 54
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Overall Subscription : 160.97x
QIB : 42.84x,HNI :388.09x,Retail :374.81x
Listing Date : 12 Oct 2023, , Listing Price : 84

Ethos

about 4 years ago

Luxurious Valuation for Weak Fundamentals
Subscription Start Date :18 May 2022 End Date :20 May 2022
Issue Size : 472 cr, Issue Type : Fresh cum OFS
Price Band : Rs.836 to Rs. 878
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Overall Subscription : 1.04x
QIB : 1.06x,HNI :1.48x,Retail :0.84x
Listing Date : 30 May 2022, , Listing Price : 825

Dinesh Engineers

about 8 years ago

Verdict :Prospective, with a catch! - IPO called-off
Subscription Start Date :28 Sep 2018 End Date :3 Oct 2018
Issue Size : 185 crore, Issue Type : Fresh
Price Band : Rs.183 to Rs. 185
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Listing Date : 11 Oct 2018,

Xelpmoc Design

about 8 years ago

Verdict :A complex model – part tech, part VC
Subscription Start Date :23 Jan 2019 End Date :25 Jan 2019
Issue Size : 23 crore, Issue Type : Fresh
Price Band : Rs.62 to Rs. 66
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Overall Subscription : 3.25x
QIB : 1.24x,HNI :7.68x,Retail :2.63x
Listing Date : 4 Feb 2019, , Listing Price : 56

Affle India

about 7 years ago

Verdict :Good company in a high growth industry
Subscription Start Date :29 Jul 2019 End Date :31 Jul 2019
Issue Size : 459 crore, Issue Type : Fresh cum OFS
Price Band : Rs.740 to Rs. 745
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Overall Subscription : 86.49x
QIB : 55.31x,HNI :198.69x,Retail :10.96x
Listing Date : 8 Aug 2019, , Listing Price : 926

SBI Cards

about 7 years ago

Verdict :A ‘must’ swipe!
Subscription Start Date :2 Mar 2020 End Date :5 Mar 2020
Issue Size : 10355 crore, Issue Type : Fresh cum OFS
Price Band : Rs.750 to Rs. 755
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Overall Subscription : 26.54x
QIB : 57.18x,HNI :45.23x,Retail :2.5x,Other :25.36x
Listing Date : 16 Mar 2020, , Listing Price : 661

Railtel

about 6 years ago

Verdict :Doesn’t get our Green flag
Subscription Start Date :16 Feb 2021 End Date :18 Feb 2021
Issue Size : 815 crore, Issue Type : OFS
Price Band : Rs.93 to Rs. 94
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Overall Subscription : 42.42x
QIB : 65.29x,HNI :73.25x,Retail :16.78x,Other :3.35x
Listing Date : 26 Feb 2021, , Listing Price : 104.60

RateGain Travel

about 5 years ago

Travel-focused SaaS Company
Subscription Start Date :7 Dec 2021 End Date :9 Dec 2021
Issue Size : 1336 cr, Issue Type : Fresh cum OFS
Price Band : Rs.405 to Rs. 425
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Overall Subscription : 17.41x
QIB : 8.42x,HNI :42.04x,Retail :8.08x,Other :1.37x
Listing Date : 17 Dec 2021, , Listing Price : 360