Search Results Page

Tulip Telecom 'arrested' at lower circuit

about 13 years ago

Tulip Telecom has been very volatile for the past couple of days. The stock had breached its lower circuit on 19th at Rs.4.09, it then hit the upper circuit yesterday at Rs.4.35 and today, it has once again breached the lower circuit today at Rs.4.02, down 5%. The stock, which as such has be ...

Shyam Telecom in the limelight

about 12 years ago

Shyam Telecom is in the limelight today and the reason not the company itself directly but its associate company, Sistema Shyam in which the Shyam group has a 24% stake. The news, unconfirmed, is that Anil Ambani owned Reliance Communication (RCom) is looking at the option of taking ov ...

Telecom stocks hang up

about 7 years ago

Not a good day for the telecom stocks again. Vodafone Idea fell 40%, Bharti Airtel fell over 5% & Bharti Infratel at new low

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.

THE AMBANI TELECOM DEAL - "WE ARE FAMILY!"

about 14 years ago

Indians are sticklers for happy endings and when it happens in real life, that too in one of the richest and most motivating family, the Ambani's, surely there was reason to rejoice.

Aishwarya Telecom

about 19 years ago

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

Telecom stocks tumble down

about 13 years ago

Telecom stocks have literally fallen off the cliff today. Idea Cellular is the top loser in the pack, down 5.2% at Rs.159.50, Bharti Airtel is down 4.5% at Rs.316.75 and Rcom is also in the down, at Rs.123.15, down 3%. These stocks have tumbled down sharply after Mukesh Ambani owned Reliance ...

Telecom stocks ring a happy tune

about 8 years ago

Vodafone Idea is up today almost 6% at Rs.36.90 while Bharti Airtel too jumped up 6.5% to Rs.322.25.

Telecom stocks ring happy tune

about 7 years ago

Vodafone Idea is the top gainer on the BSE, opening with a gain of 10% at Rs.7.51, rising over 23.5% to an intraday high at Rs.8.44. Bharti Airtel hit a 52-week today at Rs.485.75

Aishwarya Telecom

about 19 years ago

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

Videocon and Idea on the surge

about 11 years ago

The market is very happy that Idea Cellualr and Videocon Telecom, a subsidiary of Videocon Industries have mutually agreed to terminate their Rs.3,310 crore spectrum deal for Gujarat and Uttar Pradesh telecom circles with immediate effect. No reason for this termination was given. No joint intima ...

Valiant Comm hits a new high

about 11 years ago

Valiant Communications manufactures and supplies its telecom products and solutions, with a successful installed base in over 100 countries. The stock price hit a new high today at Rs.88 and currently remains over 15% up at Rs.86 levels. The two-week average volume on the counter is around 50,000 ...

Bharti Airtel drops, like its calls!

about 11 years ago

Earlier in July, Bharti Airtel’s deal for sale of telecom towers in Tanzania and Tchad was called off with Helios Towers Africa. This deal was said to be valued at Rs.2100 crore. The news, obviously had affected the stock price adversely but there was some solace in the fact that ...

ITI remains sick

about 10 years ago

ITI is a Govt organization and a perennially sick unit. The company makes, services and trades in telecom equipments and obviously, it is not doing well with the cost structure exceeding the revenue earned. For Q1FY17, the company, on a net revenue of Rs.325 crore, had a total operating cost ...

Bharti Airtel rings African tune

about 12 years ago

Bharti Airtel is amongst the top gainers on the BSE currently, up over 2% at Rs.384 levels, with volumes spiking up over 3 times. The stock is buzzing today on unconfirmed news that the company is in the final stages of selling some more its telecom towers in various parts of Afri ...

Bharti Infratel hits new high

about 13 years ago

Bharti Infratel is a big gainer on the bourses today and it has hit a new 52-week high at Rs.214. It has come off the high but remains over 6% higher. The stock has hit a high on the back of news that it has entered into a tower sharing agreement with Reliance Jio Infocomm, the telecom unit ...

MTNL rings loud

about 13 years ago

MTNL is ringing loud today morning. The stock, which had closed at Rs.15.35, opened at Rs.15.75 and is currently up almost 4.5% at Rs.16 levels. Volumes are high at 15 lakh shares. The PSU telecom company has zoomed up after the Group of Ministers (GoM), headed by Finance Minister P. Chidamb ...

Bharti Airtel up over 5%

about 13 years ago

Bharti Airtel today opened higher at Rs.323 and is currently at Rs.330.80, up 5.5%, with an intra day high at Rs.331.95. its 52-week high stands at Rs.370.40. The stock is up, along with other telecom stocks after the telecom recommended slashing the base price of airwaves used by GSM operat ...

MIC Electronics beaten down

about 10 years ago

Makers of LED video displays, high-end electronic and telecommunication equipment and development of telecom software; the company has had a very poor show for Q2FY17. Thanks to the less than 2% (YoY) rise in revenue at Rs.54 crore, accompanied by a rise in costs – total costs were at 91% o ...

Idea and Bharti on low battery!

about 9 years ago

Both telecom stocks, Idea and Bharti, figure amongst the top losers on the BSE since opening bell. In fact Idea Cellular is the top losers, going down almost 5% to Rs.94.60. Bharti Airtel went down 4.5% to Rs.469.35.

Vodafone in crisis mode

about 7 years ago

Telecom stocks, as expected are down in the red. Vodafone Idea is a much bigger loser; it is the top loser on the BSE since opening bell. The stock fell 39% to Rs.3.66; it has recovered now

ITI rings a bell

about 4 years ago

This PSU telecom equipment making company is among the top five gainers on the BSE today. The stock price rose 10% to Rs.113 on the back of a 11.5 times rise in volumes. Its 52-week high is at Rs.133.40.

Vodafone ringer tone gets better

about 11 months ago

The stock rose over 6% to Rs.10.10, hitting an intraday high of Rs.10.11, after the telecom operator reported a narrower loss and improved operating metrics for the September quarter (Q2FY26).

Tejas loses its 'tej'

about 6 months ago

The Tata group telecom equipment maker’s Q4FY26 print and commentary fell short of what the Street was positioned for. The stock was down about 4% to 6% intraday and traded near Rs.423.50 to 430.80

Bharti Airtel - Sending LOUD & CLEAR Message

about 5 years ago

Even Funds and Institutional Investors, keen to have pure telecom exposure, are seen moving from RIL to Airtel now, while this pace will gather momentum, on unfolding of more news flows.

Coal India down in the red

about 12 years ago

n trade on Monday, after the government announced its plan to flood the markets with a massive, one-shot divestment to raise about Rs 24,000 crore within the next month by selling a 10% stake in Coal India. This will mark a late revenue-raising surge, which includes the auction of telecom sp ...

Rcom rings loud as TRAI dials

about 14 years ago

The entire telecom pack is in the green but the best performing in the sector currently in Reliance Communication, which is up over 3.5% at Rs.128, a tad lower now than its 52-week high of Rs.128.95, which it hit today. The stock had hit a high yesterday also at Rs.124.95. The stock has been ...

BSNL BAILOUT - NO WASTE OF MONEY THIS!

about 8 years ago

There is a lot of brouhaha over the Govt looking at the option of bailing out telecom PSU, Bharat Sanchar Nigam Ltd (BSNL). The Govt is mulling giving BSNL Rs.13,000 crore as salaries have not been paid for past two months.

MTNL AND BSNL MERGER? DREAM ON…..

about 10 years ago

For a layman (includes woman too!) be it Mahanagar Telephone Nigam Ltd (MTNL) or Bharat Sanchar Nigam Limited (BSNL), it is all one and same. What comes to mind is that be it MTNL or BSNL, both are Government run companies and they provide telecom services. Those living in Maharashtra

RELIANCE TO DO A ‘JIO’ IN RETAIL?

about 7 years ago

The sheer destruction which Jio wrecked on the Indian telecom sector is here for all to see, with existing players looking like wounded and maimed soldiers on the battlefield; the huge army of Jio came and conquered and the existing warriors could do nothing but watch their kingdom slip away. That’s the power of money and Ambani has more.

JIO COMES AND SHAKES UP THE SECTOR!

about 10 years ago

his is what the entry of Jio has done to the Indian telecom sector – consolidate to remain alive! First, it was Bharti Airtel’s acquisition of Telenor and today, the BIG news is obviously Vodafone taking over Idea. Clearly, there is a big bout of consolidation happening; this had to happen the moment Jio started operations and then the back breaking price-war Ambani unleashed.

LIGHTS DIM OUT FOR TELCO's

about 7 years ago

The thing which overshadowed everything else today was the Supreme Court (SC) ruling on the telecom companies. The SC upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the Department of Telecommunications (DoT) and further telcos will now have to pay not only the original charges,

Bharti and Voda in red

about 6 years ago

Telecom companies, Bharti Airtel as well as Vodafone Idea are among the top losers on the BSE. Bharti Airtel fell 6% to hit an intraday low at Rs.437.70

Why Institutional Investors are bullish on Bharti Airtel?

about 6 years ago

Jio had a total subscriber of 401 million at the end of July, 2020, with active users (as measured by users on date of peak VLR) being 78% at 313 million. But Airtel having a total subscriber of 320 million has active users of 97% being at 310 million.

Bharti Airtel hit a new 52-week high

about 10 years ago

Bharti Airtel hit a new 52-week high today at Rs.400.65 and it continues to remain amongst the top five gainers on the BSE.

GTL spikes up over 6%

about 11 years ago

Volumes on the counter of GTL Ltd have indeed spiked up; from a two-week average of 39,000 shares, today morning alone over 1 lakh shares were traded. The stock price is up 6% at Rs.11.87. Its 52-week high and low stands at Rs.23.45 and Rs.10.10 respectively. Market cap is at Rs.186 crore. T ...

Videocon rings in the right tune

about 11 years ago

It is after a long time that Videocon is back in the limelight and is amongst the top gainers on the bourses. The stock price, intra day rose almost 10% at Rs.142 and it has now settled at Rs.137 levels. Volumes are up over 3 times. Its 52-week high stands at Rs.199. The stock is in the news ...

Vedanta up in the green

about 11 years ago

Vedanta is up in the green, currently up over 7.5% at Rs.72.35 with good volumes of over 34 lakh shares changing hands. The stock is up on two counts – firstly, the company declared a good set of Q3Fy16 numbers. Its net profit for the quarter rose 82% (YoY) to Rs.42 crore and this was ...

Bharti Infratel comes tumbling down

about 10 years ago

Bharti Infratel hits a new 52-week low at Rs.334.30, down 4%. It has recovered a bit from that level to Rs.340 but remains some 2.5% down. The stock is bearing the brunt of a slew of downgrades by brokerage houses. Till date, 29 brokerage houses have rated a “sell” on the stock a ...

KEC International jumps on order receipt

about 10 years ago

KEC International is amongst the top five gainers on the BSE currently, up over 7.5% intra day at Rs.143.95. It has since then come off this high and is now at Rs.140, up some 4.5%. Its 52-week high is at Rs.164.75 and low is at Rs.97.45. The stock is up after the company announced yesterday ...

Tata Comm close to its high

about 10 years ago

Tata Communications is currently amongst the top three gainers of the day. Intra day, it rose over 8% to Rs.486, which was just inches away from its 52-week high of Rs.490.30 which it had last year, on 24th July 2015 to be more precise. The stock is seeing this momentum today on the back of ...

Idea and Bharti feel Jio's heat

about 10 years ago

Idea is the top loser on the BSE and Bharti Airtel is also amongst the top three losers currently. This is the Reliance Jio effect. Both the stocks have lost over 9% since morning. The kind of tariffs which Jio has announced today has literally shaken up the sector, announcing the cheapest d ...

GTL Infra 'towers' up

about 10 years ago

GTL Infra, with a market cap of almost Rs.1200 crore is today a penny stock, quoted even below Rs.5. The stock price has been seeing some action for the past couple of days, breaching upper circuits. It is today some 3% up at Rs.4.60. Its 52-week high and low stands at Rs.7.24 and Rs.1.63 respect ...

Idea jumps on merger talks

about 10 years ago

Idea continues to rule the roost today morning too. Yesterday, it breached the UC thrice – at Rs.85.55, then at 89.45 and later at 93.35. Today, the stock rose over 14% to Rs.111.70 and currently remains 12% up at Rs.110 levels. Volumes are robust on the counter.

Idea rings a loud new tune

about 10 years ago

The market is agog with rumours that there is more brewing in the mega merger between Idea and Vodafone.

Bharti Infratel 'towers' up

about 10 years ago

Bharti Infratel is holding on to its position as the top gainer on the bourses since the opening bell. The stock is up 7% at Rs.310 levels, with robust volumes of around 3 times.

KEC International builds up

about 11 years ago

KEC International has been posting consistently god numbers for the past few quarters. And it did not disappoint in Q1FY16 too. Following the same trend, it posted very encouraging numbers – on a consolidated total income of Rs.1878 crore, up 9% (YoY), it posted an almost 3 times surge in n ...

Idea Cellular

about 10 years ago

Idea Cellular is on a wild roller coaster ride. In the morning session, the stock price rose almost 15% to hit an intra day high of Rs.123.75 and then it fell 15% to come down to an intra day low at R

Reliance Industries at nine year high!

about 10 years ago

The last day of the fiscal, 31st March FY17, Reliance Industries hit a new high at Rs.1336 and today, the first day of the new fiscal, FY18, it celebrated with another new high at Rs.1380 – this is a none year high!

Aditya Birla Nuvo in the green

about 10 years ago

Aditya Birla Nuvo rose today to Rs.1554.95, just Rs.10 short of its 52-week high of Rs.1664. Volumes are also robust at over 1 lakh share getting traded as against two-week average volume of less than 7500 shares.

Skipper jumps to a new high

about 10 years ago

Skipper Ltd is into manufacture of transmission towers & poles, tubular poles, monopoles, PVC / CPVC Pipes & Fittings and Solar structures. The stock price has hit a new high today at Rs.214, surging 9% over yesterday’s close.

Union Bank amongst losers

about 9 years ago

Union Bank of India had a bad Q1FY18 – profitability has dropped and so has the asset quality; following this, brokerage houses have cut the price targets.

Idea and Airtel get cross

about 9 years ago

Idea Cellular is currently the second top loser on the BSE, down over 3% at Rs.80.45; Bharti Airtel had slipped over 6% at Rs.370 but since then seems to have recovered.

L&T Technology in limelight

about 9 years ago

L&T Technology Services rose almost 3% in the opening bell session to Rs.848; it has come off this level and is now at Rs.840, up 2%. Its 52-week high is at Rs.869.40.

Rcom is the newsmaker!

about 9 years ago

Rcom is the top gainer on the BSE since the opening bell today morning’ Soaring up almost 25% to Rs.26.66, the stock is firmly in the green. Some 2.5 crore shares have already changed hands.

Bharti Airtel jumps over 5%

about 9 years ago

Bharti Airtel rose over 5.5% to an intra day high at Rs.445.80 and remains firmly in the green. Its 52-week high is at Rs.565.

Bharti and Idea rally upwards

about 9 years ago

In the morning trades, Bharti Airtel rose over 2.5% to Rs.414 and Idea Cellular rose almost 4.5% to Rs.83.10; since then both have come down and just about teetering in the green zone.

Tata Communications rings a new tune

about 9 years ago

Tata Communications today rose almost 2.5% to Rs.654 and continues to remains firmly in the green around the same levels.

Bharti Airtel jumps up on Augere buy

about 11 years ago

Two days ago, on 25th August, Bharti Airtel had hit a new 52-week low at Rs.332.60 and today, it has bounced back with vigour. At one point, up 3% at Rs.349.85, it is now at Rs.346 levels, up around 2%. Volumes remain modest. The bounce back in the stock price is on news it announced yesterd ...

KEC builds up on Rs 622 cr order win

about 11 years ago

EPC player KEC International is up close to 4% on both BSE and NSE and is currently trading at Rs. 139 per share, when the broader markets are just about flat. Volumes on the counter are also very strong – approximately 24 lakh shares have changed hands in first 90 minutes of trade, as agai ...

Wipro earnings disappoint

about 9 years ago

Wipro announced its earnings for the Q4FY18 quarter after market hours and it was disappointing.

Idea Cellular lines very busy

about 13 years ago

Idea Cellular is very active today. The stock closed at Rs.175.55, opened at Rs.176, went on to hit an intra day high at Rs.176.95 and soon hit the days low at Rs.174.55 and now it has inched back into the green at Rs.176.10. The stock is in news after the company stated that it has received ...

Bharti Airtel Rights Issue: On a Stronger Footing

about 5 years ago

This Rights issue will be seen giving a tough competition to JIO, with M Cap of Bharti Airtel will be seen rising faster than RIL.

Vodafone Idea - fragile connection getting bitter

about 5 years ago

Strangely, share of Vodafone is ruling at around Rs. 9.

Bharti Airtel worries as Ambani rings in

about 14 years ago

Bharti Airtel is currently the top loser on the BSE. The stock is down over 2% at Rs.286.20, after having hit an intra day low at Rs.283.80, with more sellers than buyers dotting the counter. The stock along with Idea are amongst the top losers currently and this can be blamed entirely on th ...

Bharti Airtel lines jammed!

about 14 years ago

Bharti Airtel is showing weakness today, with the stock opening lower at Rs.306, the days low point and though it has recovered from this level, it remains in the red, at Rs.309.60, down over 1.5%. The stock tumbled on worries that the company is likely to pay a penalty of Rs 650 crore, slap ...

KFA soars high, hits the roof

about 14 years ago

Kingfisher Airlines (KFA) is soaring high today, currently up 5% at Rs.4.72%, locked on the upper circuit. Volumes are huge at almost 26 lakh shares changing hands in the morning v/s around 10 lakh shares over past two weeks average. The stock has hit the roof on news that the Mayaram commit ...

Bharti Airtel lines jammed by fine!

about 14 years ago

Bharti Airtel is currently amongst the top losers on the BSE, down over 3% at Rs.285, its current intra day low point. Its 52-week low stands at Rs.238.50. Volumes are pretty muted at 37,000 shares being traded today morning. The stock is in the red after it was slapped with the much anticip ...

Tata Tele rings loud

about 13 years ago

Tata Teleservices (Maharashtra) is frozen on the 5% upper circuit today at Rs.6.63 with over 93,000 pending buy orders still on the counter. The stock has hit the roof on news that the company might get relief in the 2G case. A senior Govt counsel has stated that the company’s 19 permi ...

KEC Intnl keeps up momentum

about 13 years ago

KEC International is up in the green currently. After having hit a new 52-week low last week at Rs.23.25, the stock is now up 4% at Rs.27.10, with very robust volumes at 60,000 shares. The stock is up since yesterday, stock price buoyant on the news of the company having received new orders ...

TTML rings on a buzz

about 13 years ago

Tata Teleservices (Maharashtra) Ltd or TTML is deep in the green today. The stock is currently up 12.5% at Rs.7.02, with an intra day low and high at Rs.6.50 and Rs.7.35 respectively. Its 52-week high stands at Rs.13.15. Volumes are huge, up over 4 times at more than 10 lakh shares trading today ...

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 ...

Bharti Airtel towers over all

about 13 years ago

When the market opened for trading today, Bharti Infratel, a subsidiary of Bharti Airtel, shot up to becoming the top gainer on the BSE. Currently it is at No.2. The stock is up 4% at Rs.185, with an intra day high at Rs.190. The stock is in the limelight following the announcement made by t ...

Spice Mobility showing a lot of spice!

about 11 years ago

Spice Mobility is showing some great amount of volume and movement today morning. Though it opened muted at Rs22.10, it soon surged to Rs.24.30, its current price and intra day high point, up almost 12%. Volumes are up over 7.5 times. This sudden spike up on the counter is a reaction to the ...

Tata Comm rings loud

about 13 years ago

Tata Communications is in the green today, currently up almost 2% at Rs.301.90. Yesterday, it showed a spike up in volumes of over 4 times. The stock is up on expectations on monetizing its fixed line telephone business — Neotel — in South Africa. News is that it is close to ...

Exide on 'full' battery!

about 12 years ago

Exide is amongst the top gainers on the BSE, up 5.5% at Rs.166.50 but this is after hitting a 3-year high at Rs.168.55. The stock is zooming into the stratosphere, riding on the back of its exuberant Q1FY15 numbers. Improved sales and higher realizations helped the company clock a 16% (YoY) ...

3M India hits life time high

about 12 years ago

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

MTNL rings loud and clear

about 12 years ago

MTNL is ringing loud and clear today morning, with the stock opening higher and then hitting an intra day high at Rs.32.65 and it is now up almost 5%, with volumes up 2.2 times. The stock is reacting to the news that the much talked and discussed about merger between MTNL and BSNL might fina ...

Bharti Infra slips from its 'tower'

about 12 years ago

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

Bharti Airtel 'towers' up

about 12 years ago

Bharti Airtel is very much in the limelight today in early morning trades. The stock opened in the green, some Rs.7 higher and is currently up 1.5% at Rs.404 levels. Present intra day high stands at Rs.408.20 and 52-week is at Rs.419.90. The stock is in news following its announcement yester ...

Bharti Infratel at new high

about 12 years ago

Bharti Infratel has been seeing robust activities since the past couple of days, hitting new highs since 9th Dec. The stock hit a new high today also at Rs.371.75 with an over 3 times surge in volume. The stock has been seeing a buzz ever since an unconfirmed news item came in that it was lo ...

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 ...

KEC International up over 4.5%

about 12 years ago

KEC International posted a set of exuberant consolidated numbers for Q4 and FY15 on the back of a good operational performance. This EPC company reported a whopping 85% (YoY) jump in net profit at Rs.63 crore for Q4FY15. This was helped by a 16% rise in net sales at Rs.2491 crore, a marginal drop ...

3M India on the surge

about 12 years ago

With volumes spiking up over 9 times, 3M India is on the go today! The stock is currently up over 12% at Rs.8967.40, with an intra day high at Rs.9040. Its 52-week high stands at Rs.9600 and market cap is at Rs.2530 crore. The market is very happy with the robust Q4FY15 numbers, especially t ...

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. ...

Wipro in the red

about 9 years ago

Wipro went down 2% to Rs.278.70; it has recouped a bit but remains in the red around 1.5% down now at Rs.281 levels. Overall the mood on the counter remains muted.

L&T Tech jumps up 7.5%

about 9 years ago

L&T Technology Services rose almost 7.5% to Rs.1367, with volumes going up almost 4 times. Its 52-week high stands at Rs.1547.

Bharti may collaborate with Elon Musk?

about 6 years ago

If Bharti can deliver on this, it will provide a huge boost to its coverage domestically and internationally.

Vodafone Idea at 10% UC

about 2 years ago

The stock experienced a significant surge of 10% surge today, reaching the upper circuit limit of Rs.7.49 per share, figuring among the top three gainers on the BSE currently.

TTML frozen at 5% UC

about 5 years ago

TTML which had closed yesterday at Rs.142.15, opened itself at its 5% UC of the day at Rs.149.25, where it remains frozen for the day.

Avantel at 20% UC

about 5 years ago

The stock opened 9% higher at Rs.811 and went on to hit the 20% UC at Rs.892.40, where it now remains frozen. Volumes have jumped up over 4.5-times.

Sterlite Tech up 15%

about 5 years ago

The stock opened with a small upward gap but soon rose to an intraday high at Rs.238.30, up 15% and this was on the back of over 9-times rise in volumes.

Bharti Airtel gets hung up

about 4 years ago

The stock is among the top losers on the BSE currently, falling 5% to Rs.661.25 where it continues to trade, with more sellers than buyers on the counter.

Subex hits 20% UC

about 4 years ago

The top gainer on the BSE currently, the stock opened itself today at its 20% UC of the day at Rs.33.30 where it now remains locked. Volumes are up over 5.5x.

Indus Towers hits new low

about 4 years ago

The stock seems to have cracked today; opening in the red and then falling over 4.5% to hit a new 52-week low at Rs.162.80 and continues to trade around the same levels.

Bharti Hexa lists at 32% premium

about 3 years ago

As against the IPO price of Rs.570, the stock got listed on the BSE at Rs.755.20, a premium of over 32%. It went up to Rs.824 levels where many booked profits and is now trading at around Rs.799.

Optiemus hits new high, slumps

about 2 years ago

The stock s having a pretty volatile day’ from its close of Rs.565.85, the stock opened less than 1% higher at Rs.569.95 but soon surged to hit a new 52-week high at Rs.571.90;

Tejas Networks gets connected!

about 2 years ago

The stock s the top gainer on the BSE since the morning today; it opened at its 20% upper price band of Rs.1427.55, not too far from its 52-week high of Rs.1495.10.

Route Mobile up 12%

about 2 years ago

The stock price has reacted positively to this news, opening over 2% higher at Rs.1024.05 and rising further to an intraday high at Rs.1119.90, up 12%. Its 52-week high is at Rs.1942

Tejas Network up 12.5%

about 2 years ago

The stock is the top gainer on the BSE; on the back of almost 8 lakh shares changing hands, the stock opened 3% lower at Rs.781 but soon jumped up to an intraday high at Rs.902.70, up 12.5%.

IndusInd gets thumbs up

about 5 years ago

The stock which had closed yesterday at Rs.1053.85, went on to hit a new 52-week high today at Rs.1186.35 and remains among the top five gainers on the BSE

Vodafone ringer tone gets better

about 11 months ago

The stock is up about 0.8–1% over the previous close of Rs 10.05, with intraday trades largely confined to a Rs 10.05–10.22 band. The stock continues to move

Tejas Networks in green

about 10 months ago

The stock hovering around Rs 468-474, up about 1-2 % from the previous close, even as it remains nearly two-thirds below its 52-week high of Rs 1,346 and just above its 52-week low of Rs 456.

Vodafone Idea jumps up

about 10 months ago

The stock was trading firm today, at Rs. 11.64, up 0.33 or 2.92% versus the previous close of Rs. 11.31. The stock traded in a Rs. 11.26–11.73 band so far, with VWAP around Rs. 11.58, and is now close to its 52-week high of Rs. 12.02

RIL falls and trips

about 9 months ago

he stock fell as much as 5.1% to Rs. 1,496.30, marking its steepest intraday fall since April last year, before recovering marginally to trade around Rs. 1,508.30, down 4.3% as of late morning.

MIC Electronics locked at 10%UC

about 9 months ago

The shares were locked at the 10% upper circuit on the BSE today, with the stock trading at Rs 38.94 versus the previous close of Rs 35.40.

Infosys in limelight

about 8 months ago

The stock was trading firmly higher, rising as much as 3.3% intraday to around Rs. 1,411 before easing to about Rs. 1,405 (up 2.8%) on the BSE, as investors reacted

Pace Digitek picks up pace

about 6 months ago

The stock was trading higher today, with the stock up 5.24% at Rs.182.90 on the BSE around late morning trade, after moving between Rs.175.45 and Rs.183.40. The counter opened at Rs.175.85 versus the previous close of Rs.173.80, while VWAP

Vodafone Idea jumps up

about 5 months ago

Mr.Tulsian’s opinion on the stock price - Buy for a target of Rs. 12.70 in 1 month and Rs. 13.20 in the next 3 months, as stock has risen by about 10% yesterday, on higher cash volume of 62 lakh shares, against 60 cr shares seen on 5th May...

IT stocks tank

about 4 months ago

IT stocks led the losers’ pack in trade today, with the top five decliners dominated by the sector after Accenture cut its annual revenue growth forecast and flagged demand headwinds. The read-through hit sentiment sharply, with the Nifty IT index falling around 6%

HEG Advanced jumps up

about 25 days ago

The stock rose 2.43% to Rs. 244.35 on the BSE after its subsidiary won a lithium-ion battery order from Indus Towers. The stock opened at Rs. 244.95 against the previous close of Rs. 238.55 and touched an intraday high of Rs. 250.25, close to its 5% upper price band of Rs. 250.45.

Pace Digitek picks up pace

about 24 days ago

The stock opened sharply higher at Rs. 165.55 against the previous close of Rs. 154.80 and touched an intraday high of Rs. 174.90. Volumes were strong, with 7.64 lakh shares traded against a two-week average of just 0.41 lakh shares, while turnover stood at Rs. 13.07 crore.

MTNL rings a tune

about 5 years ago

Following this news, the stock price of MTNL rose to an intraday high at Rs.20.40 from its previous close of Rs.18.85. Volumes are up over 3 times.

Salasar Techno in limelight

about 5 years ago

The stock is in the green today, rising 3% to an intraday high at Rs.637.55, just 2% away from its 52-week high of Rs.648.80. Volumes though were low at less than 8k shares

Idea Cellular towers up

about 8 years ago

Idea Cellular is in the limelight today morning with the stock price going up some 2.5% at Rs.63.20. It has a 10% UC at Rs.67.80.

Infra stocks react to NIP

about 7 years ago

This news gave some jump up to the stocks in the infra sector, especially those in the capital good sector. But it’s a mixed bag with not all stocks surging into the green

Idea hit by Jio's dhamaka!

about 8 years ago

Idea Cellular is the top loser on the BSE since opening bell. The stock lost almost 4% at Rs.62.60; comparatively, Bharti Airtel did not lose as much

Bharti Airtel - MSCI Rejig led to 12 crore shares in delivery

about 6 years ago

Multiple positive lined up

NDTV gets 'prime time' slot!

about 8 years ago

NDTV, within minutes of opening for trade, hit the 20% UC at Rs.39. As against 2-week average volume of over 2500 shares, today morning alone, it clocked volumes of over 49,000 shares.

Hathway and Den losing signal?

about 8 years ago

That explains why Hathway is the top loser on the BSE, hitting a new low today at Rs.18.55 and second top loser is Den, which also hit a new low today at Rs.62.20. Dish TV, on the other hand, is in the green.

RIL scales a new 52-week high

about 8 years ago

Reliance Industries hit a new 52-week high today at Rs.1060.80 and continues to trade at the same high levels.

IZMO ready to say, "Hola!"

about 8 years ago

The stock price has reacted positively to this news and surged over 11% to Rs.76.35. Its 52-week high is at Rs.119.70

Idea Cellular crumbles

about 8 years ago

The stock is among the top five losers on the BSE, slipping over 5% to Rs.55.30, not too far away from its 52-week low of Rs.48.40. Its LC is at 10% at Rs.52.65.

Rcom rings a plesant tune

about 8 years ago

Reliance Communications (RCom) rose almost 5.5% today morning to Rs.21.65, with some 79,000 shares changing hands. Its 52-week high is at Rs.41.77.

Bharti Airtel gets "downgraded"

about 8 years ago

Bharti Airtel is down to a 2-month low at Rs.293.30 and the mood on the counter remains somber.

Vodafone Idea lines jammed

about 7 years ago

The saga of Vodafone Idea only continues to get worse. After a losing streak yesterday, today within moments of opening, it slipped to a 52-week low at Rs.2.90. It has a 25% LC and it stands today at Rs.2.78.

L&T Tech zooms on 'Airbus'

about 7 years ago

L&T Technology Services (LTTS) had closed on Friday at Rs.1487.65 and today, it opened at Rs.1514, which is also the day’s highest point currently.

GNFC hits a new low

about 7 years ago

Following this news, the stock price today hit a new 52-week low at Rs.155.15; it has recovered from this low and is currently trading at Rs.160 levels

Dish TV slips into red

about 6 years ago

The stock yesterday had hit a new high at Rs.16.30 and today, it is among the top five losers, going down over 4.5% to Rs.14.85.

IndusInd Bank gets 'moody'

about 7 years ago

The stock opened today with a loss over 2.5% at Rs.1259, going down to an intraday low at Rs.1252.50, a fall of over 3%.

Vodafone in crisis mode

about 7 years ago

Not surprisingly, Vodafone Idea is the top loser on the BSE; from its close of Rs.4.48 yesterday, it opened weaker at Rs.4.15 and went down to an intraday low

Vodafone Idea bounces back

about 7 years ago

Vodafone Idea is having a volatile run today. The stock opened with a loss of over 8% at Rs.3.86, going down to an intraday low

Vodafone Idea up 35%

about 6 years ago

The stock rose 35% to hit the current intraday high at Rs.7.85. Its UC is at 40% and today stands at Rs.8.14.

ITI at new high

about 6 years ago

The stock is the top gainer on the BSE, zooming up almost 19.5% to hit a new high at Rs.107.90, which is also not too far from its 20% UC

Amara Raja moves on

about 6 years ago

The market is looking ahead of these earnings as it feels that the road ahead will not be tough as Q1 because the auto sector has bounced back

Telco's react to verdict

about 6 years ago

Vodafone Idea is among the top three losers since the verdict came out, going down 24.5% to Rs.7.69 while Bharti Airtel surged almost 6.5%

ITI in the limelight

about 6 years ago

The stock, which had closed yesterday at Rs.34.65, opened today at Rs.138 and went up to an intraday high at Rs141.

HCL Tech at new high

about 6 years ago

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

Sterlite Tech rings Airtel

about 6 years ago

The stock rose to an intraday high at Rs.166.80, up over 6% and is now trading at Rs.163 levels, up some 4%.

ITI surges 7.5%

about 6 years ago

Following this, the stock opened itself at its intraday high at Rs.134.30, up almost 7.5 times with robust volumes. Its 52-week high is at Rs.151.60 and low at Rs.44.90.

Idea gets 'cross connected'

about 8 years ago

Idea is the top loser on the BSE, going down to an intra day low at Rs.56.15, down over 7%. Its 52-week low is at Rs.50.05.

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'.....

RIL Q4/FY14 PERFORMANCE

about 13 years ago

RECORD REVENUE OF RS. 401,302 CRORE ($ 67.0 BILLION), UP 8.1% RECORD NET PROFIT OF RS. 21,984 CRORE ($ 3.7 BILLION), UP 4.7% RECORD PBDIT OF RS. 39,813 CRORE ($ 6.6 BILLION), UP 2.7% HIGHEST EVER ANNUAL AND QUARTERLY EBIT FOR REFINING BUSINESS RECORD CONSOLIDATED NET PROFIT OF RS. 22,493 CRORE ($ 3.8 BILLION), UP 7.7%

FREAKY FRIDAY THE 13TH!

about 7 years ago

But what we learned today are two things – firstly, if the market is doing well, suddenly all fears vanish. The moment the Sensex turns green, its as though magically all negative emotions, all the panic and anxiety just vanished. So, if the market is good, irrespective of coronavirus or any other virus, life is good!

NO MORE “GREAT INDIAN FESTIVAL SALES?”

about 8 years ago

The revised norms are aimed at protecting the interest of domestic players, who have to face tough competition from e-retailers having deep pockets from foreign investors. This revision in norms was apparently at the behest of small vendors who had complained about the predatory pricing

PSU’s – NURTURING SPOILT BRATS!

about 7 years ago

If the PSUs want to compete with the private sector, why not a level playing field? Why this “teacher’s pet” attitude? The Govt stating that it will be putting more good money to chase bad money in BSNL and MTNL is truly frustrating. Why does the Govt need a presence in these companies?

Q1FY20 - BETTER OFF HAVING NO EXPECTATIONS

about 7 years ago

Expectations are as such muted but the hope is there are no major disappointments. For the market, the Budget is over and done with and there seems to be no real big trigger in the offing. That’s how Dalal Street is viewing the Q1FY20 earnings season and the huge crash which we are seeing today is a case of huge misplaced disappointment.

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.

GOVT NEEDS TO GET OUT, ASAP!

about 7 years ago

Why does the Govt need to be in most of the sectors that it is in – Air India, BSNL, MTNL and to put it really drastically, why so many PSU banks at all? Why not just SBI? If govt is deciding to disinvest in loss making or profitless institutions or operationally unviable enterprises, why not bring loss making banks

RIL Q2FY20 RESULTS

about 7 years ago

Q2FY20 net profit of Rs. 11,262 crore is the company's highest ever quarterly PAT. While refinery revenue and petchem operating margins were subdued due to fall in crude prices and product margins cracking in the quarter gone by respectively, retail and digital continued to post health growth in topline and margins.

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

LETTER TO SANTA

about 7 years ago

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

LOOKING BACK…LOOKING FORWARD

about 7 years ago

As we get ready to sit back and reminiscence about the year gone by, let us do the ritual of taking a quick look at the year that was. Its back to basics - an A,B,C,D... of 2020.

Q3FY20 – NO GREAT EXPECTATIONS

about 7 years ago

A very difficult and tough FY20 has entered into the last quarter. And now is the time when we look back at Q3. The earnings season is about to get kick-started with the first big one coming from Infosys on 10th Jan. For some time, this mantel was taken by TCS but this time around

VODAFONE - THIS NUMBER DOES NOT EXIST?

about 7 years ago

Will the Govt get reasonable or will Airtel become the biggest gainer? Looks like we will indeed be left with two players only – Jio and Airtel; BSNL and MTNL themselves are on their death bed.

AFFLICTED, DEAD, CURED AND STAYING HEALTHY – MATH OF EARNINGS

about 7 years ago

If it had been business as usual, we would be looking at the Results Calendar, trying to keep pace with the speed at which results for Q4FY20 and FY20 would have started pouring in. Today, we are at 13th and the first one, Wipro will be on 15th, which is mid-month and TCS following closely the next day on 16th. HDFC Bank is 18th.

WHAT’S UP DUDE?

about 8 years ago

Holding Whatsapp responsible for the lynching mobs is pushing it too far. How can it be responsible for what a user does; a user on whom they have no control? We cannot advocate censorship in communications. Yes, we are fair in asking Whatsapp to follow the rules when it has changed.

MOODS & MARKETS - SWINGING UP AND DOWN

about 6 years ago

Investors are discerning and they are not selling lock, stock and barrel because the fears have emerged over the virus and another lockdown. They are wary of the pandemic and well aware of the impact it is having on the economy but at the same time, do not want to miss out on an opportunity on the Street.

FIIs BUYING DESPITE CORONA – LOVE OR INFATUATION?

about 6 years ago

More than anything else, apart from retail investors, looks like FIIs have not given up on India despite the downgrades and doomsayers. At a time when corona is peaking in India, between 1st June till 26th June, FIIs have been more buyers than sellers.

RELIANCE 43RD AGM – NEWSMAKER OF THE DAY!

about 6 years ago

Reliance AGM. This has become a huge, big event. In normal circumstances itself, it’s the most watched event on the Indian business channel and now with many still working from home, held via video conferencing, it looked like all were glued to it.

RETROSPECTIVE NEEDS INSTROSPECTION

about 6 years ago

So, here, the ruling of the highest court of India, the SC, was trampled under retrospective legislation, creating an unstable and uncertain environment. The BJP had rightly criticized this but did nothing after it come to power in 2014 about this retrospective tax.

STIMULUS 3.0 – MUCH BETTER AND FOCUSSED

about 6 years ago

The market might not have too many takeaways from this stimulus to really react as such but the fact is that, in the long run, this stimulus of today and the ones announced earlier, along with RBI measures will help India rebuild slowly.

CEMENT CARTELISATION - CCI GNASHES ITS TEETH

about 6 years ago

Cartelisation happens not just in cement. Auto ancillary is another sector which constantly faces this accusation too. Strangely enough, this comes at a time when a huge farmers protest is raging across the country as they fear cartelisation to drive demand as well as prices.

US FED - BOND BUYING TO CONTINUE INTO 2021

about 6 years ago

Since March, the Fed has been buying $120 billion a month and on this, the Fed said tonight that it would continue to buy the same, neither changing the size nor the composition of its asset purchases. It also did not change the program to buy more to provide stimulus.

COVID KILLS CUSTOMER SERVICE

about 6 years ago

Maybe with your car mechanic or tailor or barber or plumber or any person providing any kind of service. Without sounding callous, it looks as though many are taking umbrage in the pandemic for providing shoddy and sub-standard quality of customer service.

SELL THE SILVER – IT WILL BRING GOLD

about 6 years ago

This and much more is what we hear following the Govt’s decision in this Budget to monetise assets, privatise banks and get out of PSUs where the Govt is not required to be. These PSUs were created at a time when India, after Freedom, needed that complete support of the Govt. That was the aim of the PSUs. Do we need them now?

EARNINGS – SEQUENTIAL OR ANNUAL?

about 6 years ago

The earnings season has started and once again, we face the same dilemma while analyzing the performance - Quarter-on-Quarter (QoQ) or Year-on-Year (YoY)? Should we look at sequential numbers – Q2 and Q1 of the same fiscal or should we look at Q2 of this fiscal and corresponding Q2 of previous fiscal?

GOVT PLAYS THE “HAPPY” RING TONE!

about 5 years ago

After being pounded to death, killing a very vibrant sector to now leave just three players – Jio, Vi and Airtel, with Vi close to the brink; this approval of yesterday brings back some hope; maybe the sector will not be a playground of Ambani or we even have become optimistic enough to think that maybe the Govt does have a mind of its own, sometimes. Better late than never…

THE NAME SAYS IT ALL…..

about 8 years ago

People who change their name are usually eyed with a lot of suspicion as it is assumed that the name change is associated with a lot of hanky- panky activity. And what about companies which do that? One cannot help but wonder why companies would want to change names

LIFE AFTER RCOM – OF COURSE IT EXISTS!

about 9 years ago

If you can ignore the drama in Karnataka, the obvious BIG story today is Anil Ambani’s Reliance Communication (RCom). The top loser on the bourses since morning, the fear seems to be shaping into a reality – it might go bankrupt very soon. Now that would be the biggest bankruptcy of India.

SPECTRUM AUCTION AND FISCAL DEFICIT - PREMATURE TO BEAT VICTORY DRUMS

about 13 years ago

Each round of bidding last one hour and it can be extended upto four hours. The final figures which we see today were after seven rounds. There is no 'end date' for these auctions. Last time, the auction held in Nov'12 lasted for two days, that held on March'13 was for one day and before that, the (in)famous 2010 auction lasted for one whole month. It will go on every week from Monday to Saturday from 9 a.m. to 7.30 p.m.

WHAT'S IN A NAME?

about 11 years ago

What does a fugitive do when he wants to remain incognito? He changes his identity and that begins with first changing his name. William Shakespeare said that a rose by any other name would smell as sweet but try telling this to companies which spend millions on establishing their names.

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

MUMBAI METRO LEAKS - HAIL 'MADE IN CHINA'!

about 12 years ago

A simple question - Would you buy a Chinese car because it is the cheapest model in the market? Majority would vehemently say, "no". We are using Chinese products in our day-to-day life and when the quality of those trivial items itself is a suspect, how can one risk one's life?

UNION BUDGET FY15 - GAINERS & LOSERS

about 12 years ago

For most part of the Budget, it sounded almost like a Congress Budget, except that the speech was longer, Mr.Arun Jaitley took a five minute break and there were so many micro issues in the Budget that one minister was actually caught on TV with a huge yawn! It would be really unfair for us to expect this 6 week old Govt to announce huge Big Bang measures in this Budget. Yet, in the short span of time, the Govt did announce a lot of sops.

Q3FY15 - WHAT TO EXPECT?

about 12 years ago

The earning season for Q3FY15 kicks in from tomorrow, inaugurated, as usual, by Infosys. And Indusind Bank continues to hold the record as the first bank to declare its quarterly results- it is scheduled to announce its numbers on 13th Jan. Q2 numbers took everyone by surprise. While all were expecting very dismal numbers, the earnings actually came in not-too-bad. Call it scaled down expectations or whatever

HOW TO MAKE MONEY IN THE MARKET

about 12 years ago

A Guideline for the members of the PREMIUM family

Q1FY16 RESULTS - ANOTHER QUARTER OF MUTED PERFORMANCE

about 11 years ago

The first big wig Q1FY16 performance will come from an IT company; thankfully that tradition remains intact and so does the fact that IndusInd Bank will hold the mantle of being the first private sector bank to announce its performance. But what has changed is that Infosys is no longer the first IT company; it has given up that tradition ever since Sikka took over. This honour, of being first, now lay with TCS. It will be announcing its results on 9th July and like what we have seen in the past, it could be much later in the evening, after market closure.

THE NAME CHANGING GIMMICK - FORTE OF PENNY STOCKS

about 11 years ago

People who change their name are usually eyed with a lot of suspicion. And what about companies who do that? One cannot help but wonder why companies would want to change names especially when they could have spent a lot of money first establishing the name.

Who scores better - Infy or TCS or Mindtree?

about 11 years ago

3 IT companies, TCS, Infosys and Mindtree, have declared Q1FY16 results, so far. We evaluate the IT report cards out, so far. Given the financial performance, which share looks better now?

RIL Q1: Old (business) is gold, New a disaster?

about 11 years ago

Interpreting Q1FY16 consolidated performance of Reliance Industries, can one draw the conclusion that company's old projects (petchem and refinery) are seen rewarding, while big concerns hang on the new projects (oil and gas, organized retail and telecom), on which market and company was and continues to be quite positive? Read on, for our take

HOW DO YOU LOOK AT RESULTS - YoY OR QoQ?

about 11 years ago

In our hugely popular Stock Query section, we come across many subscribers asking us this very question - should they look at the performance of their stock on a QoQ or YoY. Should we look at sequential numbers - Q2 and Q1 of the same fiscal or should we look at Q2 of this fiscal and corresponding Q2 of previous fiscal? And sometimes, there is no straight, forthright answer to that. Sometimes when you look at the performance sequentially, the numbers

Q2FY16 RESULTS - TO BE Q1 'ACTION REPLAY'

about 11 years ago

The countdown has begun to the Q2FY16 numbers. Earlier it used to be Infosys which used to kick start the earnings season; no longer so after the new management took over. Nowadays this crown of being the "first" is held by IndusInd Bank which will declare its numbers on 9th Oct.

INDIA'S 'PHOREN' SHOPPING SPREE - KEEP THE BILL SMALL!

about 11 years ago

2006. Oh we all felt so proud! The largest acquisition ever in this world and that label belonged to an Indian company. Tata Steel buying Corus. The price tag was unheard of - a staggering $13.6 billion. We all knew it meant that this would leverage the balance sheet of Tata Steel to the hilt. But we could not be blamed then;

Q4FY18 – A MIXED BAG OF SOUR AND SWEET

about 9 years ago

This week marks the beginning of the earning season for Q4FY18. Q2 and Q3 were pretty stable, what with the disruption of demon and GST earlier. And now we have Q4 where there is murmur of more weakness that strength in the numbers.

LESSONS FOR THE EARNINGS SEASON

about 10 years ago

uarter-on-Quarter (QoQ) or Year-on-Year (YoY)? That is always the moot question during earning season. Financial performance is all about comparison but which is the scale that one is supposed to use? Should we look at sequential numbers – Q3 and Q4 of the same fiscal or should we look at Q4 of this fiscal and corresponding Q4 of previous fiscal.

DAYS OF DEFAULT ON THE HORIZON?

about 10 years ago

These two are not the only ones with such huge debts. Probably, the biggest one of them all is Jaiprakash Associates, with Rs.68,000 crore of debt. And then there are the usual suspects – Lanco Infra with almost Rs.45,000 crore, GVK Power with some Rs.27,000 crore, Bhushan Steel at over Rs.43,000 crore, IL&FS Engineering at around Rs.27,000 crore, MTNL has debt of almost Rs.20,000 crore

DEFAULT OF RCOM – COULD THIS BRING THE BROTHERS BACK TOGETHER?

about 10 years ago

Anil Ambani would most certainly be having some sleepless nights. Or even if he manages to sleep well, the 17 banks who have lent him money would be tossing, turning and groaning. That Anil Ambani is entrapped under a mound of debt is not new news; we all have been mute witnesses to the way he let his ambitions rise unbridled and went on taking money from the banks;

THE NEW FDI POLICY – APPLE LAUGHING ALL THE WAY!

about 9 years ago

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

FIIs SELL AND DIIs BUY – WHAT DO YOU DO?

about 9 years ago

e DIIs sell and vice versa. Take a look at this – in August, FIIs were net sellers to the tune of almost Rs.16,000 crore while DIIs were net buyers at over Rs.16,000 crore. In the current month, till 12th September, yesterday, FIIs remained net sellers at Rs.5900 crore while DIIs were buyers at Rs.4100 crore.

NET NEUTRALITY IS BACK IN NEWS!

about 9 years ago

Net Neutrality is back on the discussion menu! Two years ago, everyone was talking about it and all of a sudden it died down. Once again it is being debated ferociously and this is thanks to USA. Six days ago, USA poked a stick in this bee hive saying that it was rolling back net neutrality rules; it plans to scrap landmark 2015 rules intended to ensure a free and open internet

2G SCAM VERDICT – A PAGE OUT OF ‘RIPLEY’S BELIEVE IT OR NOT!”

about 9 years ago

The 2G scam. It is the biggest scam India has ever seen; we are talking about Rs.1.76 lakh crore of money. And this 2G scam was the master stroke on which the BJP got its landslide victory as people were simply sick and tired of the corrupt UPA Govt. And today, judgement day, all the 19 accused were acquitted. Not a single person today stands accused for the scam; all are free to go and the money is also all gone. So was there a scam at all?

RCOM – TIGER ABHI ZINDA HAI, PART-2!!!

about 9 years ago

Anil Ambani held a Press Conference yesterday and his announcement created a surprise. Three months ago, there was an announcement of handing over control to the lenders as it is becoming a part of the Strategic Debt Restructuring (SDR) plan. And now the news is that Rcom is exiting the earlier proposed SDR plan.

THE A,B,C, D…….Z OF 2017

about 9 years ago

As 2017 hobbles its way to the exit door, one cannot help but heave a sigh of relief. This was a tumultuous year all around, what with India reeling under GST, growth pangs, Parliament logjam, North Korea, Trump. The shoot-out in Las Vegas left everyone numb while movies like Secret Superstar and Tumhari Sulu instilled some hope.

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.

UNION BUDGET FY19- IT’S ALL ABOUT BHARAT

about 9 years ago

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

CHINA's LIKE SALT – NEEDED BUT HARMFUL TOO

about 5 years ago

We can shout and wail till the throat goes hoarse and the eyes pop out. Yet, nothing will change the fact that China today is an irrefutable truth of our lives; we simply cannot live with it and most certainly without it. After the pandemic, the entire world got onto the “ban Chinese goods” bandwagon; so did India in a big way. We all did our bit by not buying Chinese made lanterns and Hindu Gods.

CHEAP CHINESE LOANS - NEED TO BUILD A GREAT INDIAN WALL

about 13 years ago

But there is an ominous trend around these "cheap" loans. These loans are coming as a "packaged" deal. Anil Ambani, in the real sense, started the trend - he was amongst the first to borrow huge money from China, not once but twice. The first time was in 2011 when Ambani needed $1.9 billion to fund his 3G needs for Rcom. The loan came underwritten from China Development Bank and it was recorded

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 -

CDR - THE NEW PAIN KILLER FOR INDIA INC's INDULGENCES?

about 14 years ago

Debt has become a bad word, taboo on Dalal Street. The moment any company starts showing signs of stress due to high debt, it is dumped like stinking garbage in the dustbin! Companies with high debts always existed and one would have thought that with interest rate cycle now turning downwards, it should actually stop being such a big issue. But in this current environment of bear cartels, margin money pressures and pledged shares