Search Results Page

Hexagon's soft debut

about 4 months ago

The stock made its market debut today, listing at Rs. 48 against the discovered price of Rs. 45, implying a modest listing premium of around 6.7%. The issue saw strong demand, with overall subscription at 53.68x, led by HNI subscription of 161.49x, retail at 26.85x and QIB at 19.77x.

Coal India soft on impending FPO

about 13 years ago

Share of Coal India have slipped below the 300 mark and are trading down 3.5% at Rs. 299 a piece, when the broader markets are down a little over a percent. Government of India, which holds 90% stake in the company, is likely to launch a 5% further public offer (FPO) by first/seco ...

Bonus, results fail to cheer VA Tech

about 12 years ago

Shares of water solutions major VA Tech Wabag are down 1% or Rs 16 and are currently ruling at Rs. 1,496 a piece. Company announced good Q3 results along with 1:1 bonus issue on Saturday. However, share price is ruling in tandem with the broader markets, which are also soft by about 1%. &nbs ...

IT stocks tank

about 5 months ago

TCS, LTM, Persistent, Infosys, HCL, Wipro – the entire clan of IT stocks is down in the red. The Nifty Index fell over 6% in today’s session and the reason is rising concern around the AI threat, soft global demand

IT pack falls on profit booking

about 13 years ago

CNX IT, sectoral index on NSE, is ruing down 1.65% when Nifty is down barely 4 points, as IT stocks are ruling soft today. There are 14 stocks declining to 6 advancing in the 20 stock index. Many IT companies have declared their September quarter results so far – Infosys, TCS, HCL Tech, Min ...

Bliss GVS Pharma gets paralyzed

about 13 years ago

Bliss GVS Pharma, which was buzzing in trade last week on rumours of stake sale to Pfizer and had touched a high of 41.30, seems to be under malaria attack! The Mumbai based female contraceptive, soft pessaries and suppositories maker, is down close to 3.6% at Rs. 34.90, after Ghana FDA black-lis ...

What's up with Dishman's FY15 results?

about 11 years ago

Shares of Dishman Pharma are ruling soft by 5.8%, down almost by Rs. 10 at Rs. 165 on BSE, with strong volumes of 1.9 lakh shares on BSE alone, where average daily volumes stand at 1.25 lakh. The company’s Board of Directors were scheduled to meet on Friday 17th July 2015, t ...

DCM Shriram in limelight

about 10 months ago

This still leaves the counter well below its 52-week high of Rs 1,501.70 and implies a market capitalisation of roughly Rs 19,800 crore, valuing the diversified agri-chemicals group at about 27–28x trailing earnings.

Brigade builds up steadily

about 11 years ago

Bangalore’s realty major Brigade Enterprises is firmly in the green, this Monday morning, up 3.7% at Rs. 137.90 per share, in line with the positive momentum seen across the broader markets. The share price has been rising from strength to strength since the morning opening. This realty com ...

Birla stocks get that sinkin' feeling

about 13 years ago

CBI has filed a first information report (FIR) against Aditya Birla group chief Kumar Mangalam Birla in connection with the 2005 coal blocks allocation scam and he will be soon called-in for questioning. The group’s aluminium maker Hindalco Industries has also been booked by India’s c ...

Caution On Commodity Stocks Seen Ahead

about 5 years ago

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

GMR Airports hits new high

about 4 months ago

The stock hit a fresh 52-week high of Rs. 110.55, with the stock up 1.73% at Rs. 108.60. The move followed the company’s May traffic update, which showed passenger traffic rising 6.1% YoY, led by 7.9% growth in domestic passengers.

Bharat Coking Coal down 5%

about 6 months ago

The stock was under pressure today, with the stock down 4.8% to Rs.34.14, after opening weaker at Rs.34.55 versus the previous close of Rs.35.86. The counter traded in a Rs.33.92–35.09 band with VWAP around Rs.34.46,

PSU Bank stocks jump up

about 7 months ago

Canara Bank led the pack (up 5%), followed by Union Bank, Bank of Maharashtra and Indian Bank (up 4%+), while SBI, BoB, PNB, Bank of India, IOB, UCO Bank gained 3 to 4%, and Central Bank and Punjab & Sind Bank were up over 2%.

Accel Frontline hits upper circuit

about 13 years ago

Accel Frontline has breached the upper circuit at Rs.35.50, the moment it opened for trading today morning. Its 52-week high is at Rs.38. The stock is frozen on the upper circuit after it announced today morning that CAC Corporation of Japan and the promoters of Accel Have come together to fo ...

Strides Arcolab hits a new high

about 13 years ago

Strides Arcolab has hit a new 52-week high today at Rs.497.90 with volumes jumping up almost 2.5 times. It has come off its high but remains strongly in green, up 5% at Rs.489. The stock has hit a high after the company announced that its Oral Dosage Forms manufacturing site (KRS Gardens) in ...

TCS tanks after muted Q4 call

about 12 years ago

TCS seems to be on a weak wicket today; the reason being the not-so-rosy picture for Q4. Based on the synopsis of the Conference Call with analysts it had scheduled on 5th March, the company has stated that it expects Q4FY15 revenue to be comparable YoY, expecting Retail, manufacturing and Hi-tec ...

Titan Co loses all shine

about 12 years ago

Titan Company is deep in the red today morning. It is currently down over 6% at Rs.347.25, with an intra day low of Rs.335. Volumes are up 4.5 times, with some 3.64 lakh shares changing hands in the morning trade. The stock is down, disappointed with the Q4FY15 performance. The 15% (YoY) dro ...

Abu Dhabi orders lift Engineers India

about 12 years ago

Engineers India’s Abu Dhabi office has won new orders worth Rs. 150 crore in the first 2 months of fiscal 2016 from its Middle Eastern Clients. This is continuation of the traction which the new office had witnessed in FY15. Current orders are from oil and gas companies as well as from EPC ...

Phoenix Mills' QIP at discount

about 11 years ago

Mall operator cum real estate developer Phoenix Mills, has, yesterday, closed QIP of 79.91 lakh shares of face value Rs. 2 each at a price of Rs. 353.60, at a 5% discount to the floor price of Rs. 372.20 per share. Company has raised Rs. 282.59 crore via this 5.23% dilution. However, the share pr ...

Varun makes a 'thanda' debut

about 10 years ago

There was a new debutant on the market today – Varun Beverages and unlike PNB Housing, which had got a smashing listing yesterday, opened on a very tepid note. This bottling franchisee partner of PepsiCo India got listed at Rs.430 as against the IPO price of Rs.445. The ...

Lloyds Electric lights up

about 11 months ago

The stock opened at Rs 53.06 versus a previous close of Rs 50.15, hit an intra-day high of Rs 54.34 and was last trading around the Rs 53.5 VWAP, up roughly 6–7%. Volumes were elevated at about 28 lakh shares

Varun Beverages hits new life-time high

about 9 years ago

Varun Beverages Ltd (VBL), which us recognized as a “Pepsi” company, hit a life time high today at Rs.590 and continues to hover around the same high levels. Volumes have shot up almost 8.5 times.

Info Edge surges over 9%

about 8 years ago

Info Edge went up over 9.5% to Rs.1288.35, clocking volumes of almost 8 times.

Titan loses some glitter

about 8 years ago

This has not gone down too well with the market as Titan is currently the top loser on the BSE, down almost 6% at Rs.836.40, its present intra day low point. Its 52-week low is at Rs.522 and high at Rs.1006.

Sapphire Foods not so yum

about 10 months ago

At the day’s low, the stock slipped to around Rs 246 to 248, before stabilising slightly. Trading volumes remained elevated, reflecting active repositioning by investors following the merger announcement.

ITC hits a new low

about 7 years ago

The overall negative sentiment seems to have percolated down to ITC, which despite having posted good numbers, meeting and even surpassing estimates, the stock price is down in the red.

Coromandel Intl at new high

about 6 years ago

The stock hit a new 52-week high today morning at Rs.699.90 within minutes of opening at Rs.682.10.

Titan clocks gains, slips

about 6 years ago

The stock price seems to be moving as per the market mood for now. Though it opened in the green, up over 1% at Rs.1028, it soon fell 1.5% to Rs.1001.55

Trident rises 4%

about 6 years ago

Following this news, the stock price reacted positively, rising 4% to Rs.14.95. Its 10% UC of the day is at Rs.15.81

Aurobindo falls and rises

about 4 years ago

Following this news, the stock price did not exactly crash but went down from Rs.444 to Rs.441 and is now trading in the green at Rs.445.85.

Delhivery facing 'hard' selling

about 4 years ago

With 2.81 crore changing hands today compared to 2-week average of little over 1 lakh shares, the stock price first rose 2% to Rs.350 and then soon fell 2% to Rs.337.55; its now trading in red.

Coffee stocks wake up

about 1 year ago

The stock is a good, steady gainer today, rising 4% to an intraday high at Rs.1104.80 though profit booking has brought the stock down to Rs.1073.50, up just 1%.

TARIL hits 20% LC

about 11 months ago

The stock hit the 20% lower circuit at Rs. 314.20 on the BSE in Monday’s trade, marking a sharp reversal in sentiment after the company reported a disappointing

Titan shines bright

about 8 years ago

Titan Ltd is among the top three gainers on the BSE currently. The stock price rose today over 5% to Rs.815.95 and continues to remain firmly in the green.

WHAT DOES THE CRYSTAL BALL SAY FOR 2017?

about 10 years ago

2016 is gone and 2017 is in. All the partying is over, maybe the hangover still persists..... For many, 31st December is just the end of a month and the beginning of a new month. Yes, it means a change in the year but that's something which has no real impact on our lives. The habits, traits, characters, routine which we had on 31st are what we continue to have even today. Thus spiritually or philosophically speaking (spirituality is the science of philosophy) this "new year" has no significance. But because we live and work in a material world,

Bliss GVS Pharma gets a 'side effect'

about 13 years ago

Bliss GVS Pharma, Mumbai based female contraceptive maker, is down close to 13% at Rs. 33.30, after the company denied its management being in talks with Pfizer to sell a unit or stake in the company. Company has categorically denied running a sale mandate based on the rumours floating on social ...

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

MAY IIP - OUTLOOK REMAINS CAUTIOUS

about 14 years ago

The worst is not yet over. June will be dicey and the overall outlook remains cautious given the wishy-washy monsoon, mixed automobile numbers, plant shut downs in auto sector and demand showing slack. We have still not bottomed out and we are sure to see some more bumps.

JUNE IIP - NEGATIVE BUT CHIDAMBARAM RAISES HOPE

about 14 years ago

A negative IIP for June took everyone by shock but the markets decided to shrug this off and look ahead, hoping that the new FM, Chidambaram, will surely announce a slew of measures soon.

JUNE IIP - DEGROWTH, DISAPPOINTING, DISTURBING

about 13 years ago

How do we get corporate confidence up? That has to be the biggest question and not whether or not RBI will reduce or increase rates. RBI has been doing its job very well, with absolute diligence but the laggard causing this failure is obviously the Govt. Very real supply constraints have developed like in infra, mainly land acquisitions

DVR shares' inclusion in BSE: Uncalled for!

about 12 years ago

BSE's announcement for inclusion of DVR shares in the index from June 2015 has lead to spurt in all the 4 listed DVRs - Tata Motors, Future retail, Jain Irrigation, Gujarat NRE Coke. But we have a contrarian view. We feel this inclusion is uncalled for, as index is for representing a company, and not the instrument.

STATUS QUO BUT STRONG MESSAGE TO BANKS TO TRANSMIT

about 12 years ago

The message which the RBI Governor today sent across was pretty clear - unless there is transmission of the previous two rate cuts of 25 bps each in 2015, the RBI was not going to act on rate cuts any more. And he was optimistic that banks will be forced to cut rates to match markets. Hopefully, banks will toe the line and instead of cutting only deposit rates, will cut lending rates too!

APRIL IIP AND MAY CPI - BOTH RING IN OPTIMISM

about 12 years ago

Today's IIP number for the month of April also seemed like cocking a snook at all the analysts and brokerage houses. At 4.1%, this was much higher than most analyst estimation of 1.2 to 1.5%. This was way ahead of the entire pack. On the other hand, Consumer Price Index (CPI) for May was as per most estimation at 5.01% v/s 4.87% in April. Retail food inflation came down a bit from

FED KEEPS RATES UNCHANGED; KEEPS SEPT OR DEC UNCERTAINTY INTACT

about 11 years ago

Well, it comes as no surprise - the US Federal Reserve has for now, kept its rate target on hold but what comes forth very clearly is that before 2015 ends, there will surely be at least one rate hike on the cards. That's the only certainty we have for now' which does not really mean much as the very same certainty existed even before the Fed statement of tonight. So we continue to live in suspense - will the rate hike come in Sep

May IIP disappoints at 2.7% v/s 4.1% MoM

about 11 years ago

IIP for May 2015 slipped to 2.7%, down from April 2015's 4.1% growth. Manufacturing grew the slowest. Markets will be disappointed with this, when they open on Monday.

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).

IIP AND CPI - BOTH ARE VA VA VOOOOOOM!

about 11 years ago

Wow! That's the first reaction when we saw the August IIP come in at 6.4% v/s 4.2% (MoM) against most expecting around 5%. This is the highest IIP since October 2012. Manufacturing sector is what led the growth and so did consumer durables which showed

EVENTS THAT WILL SHAPE 2016

about 11 years ago

2015 is gone and 2016 is in. All the partying is over, maybe the hangover still persists..... For many, 31st December is just the end of a month and the beginning of a new month. Yes, it means a change in the year but that's something which has no real impact on our lives. The habits, traits, characters, routine which we had on 31st are what you will have on 1st Jan, 2nd, 3rd and so on. Thus spiritually or philosophically

IIP, CPI AND THE IMD - ALL BRING GOOD NEWS FOR ONCE!

about 11 years ago

The numbers, both IIP for Feb'16 and CPI for March'16 came in much better than expected. First the CPI, which to some extent went on to reiterate the lowering of interest rate which RBI had taken. It fell to 4.83% from 5.18% in February. This was much below what most analysts had expected, which was in the range of 5 to 5.05%. This sharp fall was led by lowering of core inflation.

RBI MAINTAINS STATUS QUO – DOES THE RIGHT THING!

about 10 years ago

It did not come as a surprise at all. RBI did the right thing and kept the rates unchanged. Unlike what the media was going rah-rah about, a rate cut at this juncture was simply not justified and for once, we all can heave a sigh of relief and tell ourselves that RBI did

GOLD - TO BE BULLISH OR BEARISH?

about 15 years ago

Yes, what happens in the coming days in Europe and USA will decide the price of gold but currently, they both do not seem on the pilot's seat. Looks like gold is on auto pilot? And this auto pilot is being programmed by the demand in India and China. Two countries with the largest population on earth, with their domestic consumption alone

PRESSURE MOUNTS ON RBI TO CUT RATES

about 9 years ago

The markets might want to celebrate tomorrow after the worry it went through yesterday. IIP for April came in much higher than expected and CPI was much lower than all estimates. Win-win on both sides. But wait, not yet time to get the band-baaja and baaraat out on the roads.

Q3FY18 – YoY PICTURE TO LOOK PRETTY GOOD

about 9 years ago

The earnings season has started with Q3FY18 numbers starting to trickle in. The first “big: one is of IndusInd Bank and TCS, scheduled for 11th Jan and Infosys for 12th Jan. This company wise Q3 performance will be the trigger for markets in the coming days. Unlike earlier quarters, where expectations were muted, this time around, hope is running high as most expect numbers to come in pretty strong, indicating a jump back from pains of GST and demonetization.

DAVOS – WHERE THE RICH AND POWERFUL KOWTOW!

about 9 years ago

very year in Davos, Switzerland, world leaders in business, politics and civil society gather to discuss the most pressing issues and opportunities facing the world. As when this year’s meet began, we could not help but wonder about the purpose of this meet. The slogan of this World Economic Forum at Davos is – Committed to improving the state of the world. Seriously? The same day that the Davos meet begins, Trump takes oath as the Pre

Q1FY19 GDP – MANUFACTURING PACKS A PUNCH!

about 8 years ago

Above 7% was a given and most of the analysts had pegged it at 7.1% to 7.7%. And it did not disappoint; it in fact shocked us all – it came in at a jaw dropping 8.2%! This was against 5.7% (YoY) and 7.7% (QoQ). So it is more than just a base effect. We can say that recovery is surely on its way but mainly on the domestic front

TAX MAN TO NUDGE AND NOT SHOVE?

about 8 years ago

The Central Board of Indirect Taxes and Customs (CBIC) is planning on a very interesting concept to ensure better tax compliance. From harsh to soft; from a tight slap to a jaadu ki jhappi – that’s how we are looking at the CBIC’s decision to use ‘behavioural patterns’ of tax payers to improve GST compliance.

Who is WHO?

about 6 years ago

That’s the existential question which is now at the epicenter of this Covid fight. Notwithstanding Trump’s rhetoric, really, most of us are left wondering what exactly is the role of WHO? It announced that the Covid was a pandemic much after the whole world already knew and was experiencing it.

RBI – PLAYING SYMPHONY WITH THE BUDGET

about 6 years ago

The message which RBI Governer conveyed today was that inflation will be moving upwards, given the rising price of crude and increased Govt spending. He has given a higher indication of growth but he has clearly indicated that rising inflation will take center stage once again. Normalisation of economic policy is right round the corner

Varun Beverages

about 10 years ago

Price Band : Rs. - to Rs. -
--------------------------------------------------

HUDCO

about 10 years ago

Verdict :Healthy Pricing
Subscription Start Date :08 May 2017 End Date :11 May 2017
Issue Size : 1,210 crore, Issue Type : OFS
Price Band : Rs.56 to Rs. 60
--------------------------------------------------
Overall Subscription : 79.53x
QIB : 55.45x,HNI :330.36x,Retail :10.79x,Other :0.74x
Listing Date : 19 May 2017, , Listing Price : 73.45

Likhitha Infra

about 6 years ago

Verdict :Micro cap in a promising sector
Subscription Start Date :29 Sep 2020 End Date :7 Oct 2020
Issue Size : 61 crore, Issue Type : Fresh issue
Price Band : Rs.116 to Rs. 120
--------------------------------------------------
Overall Subscription : 9.51x
QIB : 21.99x,HNI :1.54x,Retail :23.71x
Listing Date : 15 Oct 2020, , Listing Price : 130

Heranba Industries

about 6 years ago

Verdict :Not Attractive on any count
Subscription Start Date :23 Feb 2021 End Date :25 Feb 2021
Issue Size : 625 crore, Issue Type : Fresh cum OFS
Price Band : Rs.626 to Rs. 627
--------------------------------------------------
Overall Subscription : 83.29x
QIB : 67.45x,HNI :271.15x,Retail :11.84x
Listing Date : 5 Mar 2021, , Listing Price : 900

Tatva Chintan

about 5 years ago

Verdict :Long Term Attractive on Rising Capacity & Tax Breaks
Subscription Start Date :16 Jul 2021 End Date :20 Jul 2021
Issue Size : 500 cr, Issue Type : Fresh cum OFS
Price Band : Rs.1073 to Rs. 1083
--------------------------------------------------
Overall Subscription : 180x
QIB : 185.23x,HNI :512x,Retail :35x
Listing Date : 29 Jul 2021, , Listing Price : 2112

Billionbrains

about 12 months ago

For Long Term Growth
Subscription Start Date :4 Nov 2025 End Date :7 Nov 2025
Issue Size : Rs. 6632 cr, Issue Type : Fresh cum OFS
Price Band : Rs.95 to Rs. 100
--------------------------------------------------
Overall Subscription : 17.60x
QIB : 22.02x,HNI :14.2x,Retail :9.43x
Listing Date : 12 Nov 2025, , Listing Price : 114

Bharti Airtel - FIIs are Keen to Dry Up Float

about 5 years ago

Rights Issue opening on 5th October. Share to go ex rights from this Monday. Last day to trade Rights entitlement is till tomorrow.