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INFLATION SPIKES IN INDIA; GLOBAL COMMODITY PRICES DOWN

about 15 years ago

While we are beating ourselves up with high prices, there is a report about falling commodity prices and it read like something from a completely different planet. Here is a sample - Global oil prices, over the last month have come down around 12%; but it has been not even a month since India hiked its petrol prices

OnMobile Global hits the roof

about 13 years ago

Onmobile Global is up and about today. The stock opened higher and is currently at Rs.21.65, up 10% and frozen on the upper circuit. The stock had hit a new 52-week low yesterday at Rs.19.20. The stock hit the roof on the back of its good numbers for Q1FY14. The company’s net revenue, ...

RPG Life zooms on land sale

about 14 years ago

RPG Lifesciences, less than a month ago had hit a new 52-week low at Rs.48.10, today it is up at Rs.70.80, up almost 8% over previous close. Intra day high is at Rs.73.90. The stock is up in the green after it announced that it had sold surplus land measuring 14.149 square meters in Navi Mum ...

Tata Steel up on land sale

about 13 years ago

Tata Steel is buzzing today; not a loud persistent buzz but slow, consistent buzz. The stock is up 2% at Rs.370, with an intra day high at Rs.371.30. The stock is up today on news that the company has sold its 25-acre land in Borivali, a suburb of Mumbai to the highest bidder, at Rs.1155 cro ...

KEC International spurts on land sale

about 12 years ago

KEC International is doing pretty well morning, reacting positively to its land sale announced yesterday. The stock is currently up 2.25% at Rs.97.60 with an intra day high at Rs.101.05. The company had entered into an Agreement for Sale of its freehold land admeasuring more than 7.3 acres s ...

Tata Global hits new high

about 7 years ago

Tata Global Beverages hit a new high today at Rs.311.85 with over 5.5 times rise in volumes. It continues to trade in the green and remains strongly

Gala Global hits life time high

about 9 years ago

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

Tata Global rises like 'Himalaya'

about 9 years ago

Tata Global Beverages is currently the top gainer on the BSE; going on to hit a new high at Rs.189.25.

Vaibhav Global going strong

about 10 years ago

Vaibhav Global had yesterday hit a new high and breached the UC at Rs.496.35 and today too, it hit a new high and breached UC at Rs.512.15. The rise seems almost relentless.

Datamatics Global at 11-month high

about 10 years ago

Datamatics Global Services has been hitting new highs consistently since 19th Dec and today we know the reason why. The stock has hit a 11-year high at Rs.124.70 today. The news which is moving the stock is that Insync Capital Partners, which is partnered by Rakesh Jhunjhunwala has bought a s ...

Tata Global cuppa goes tepid

about 11 years ago

Tata Global is currently the top loser on the BSE. It is at Rs.109, down almost 8% and a tad way from its 52-week low of Rs.108.85. The market is very disappointed with the performance of the company’s Q3FY16 numbers. It reported a 30% (YoY) drop in its consolidated net profit at Rs.59 ...

OnMobile Global hits upper circuit

about 12 years ago

Onmobile Global opened the day today 5% higher at Rs.69.85 and was immediately locked on the upper circuit. Its 52-week high stands at Rs.73. The company announced yesterday after market hours that its Board of Directors will be meeting on December 11, 2014, to consider and approve, a propos ...

Onmobile Global jumps over 11%

about 13 years ago

Onmobile Global has spiked up over 11% at Rs.33.80, closer to its intra day high of Rs.34.50 and 52-week high is at Rs.41.80. Volumes have jumped up over 2.5 times. The stock is in the limelight after its parent company, OnMobile Systems Inc, announced an open offer to acquire 10.03% stake in ...

OnMobile Global tanks into red

about 13 years ago

Onmobile Global has tanked into the red today, currently down almost 7% at Rs.30.40, closer to its intra day low at Rs.29.90. Its 52-week low is at Rs.19.05. The stock has tumbled down after it posted a net loss of Rs.8 crore for Q3FY14, compared to a net profit of Rs.21 crore in Q3Fy13 and ...

Tata Global brewing strong

about 13 years ago

Tata Global Beverages is brewing up a strong flavor today, currently up almost 1.5% at Rs.148.70, with an intra day high at Rs.149.10. It still remains a but far away from its 52-week high of Rs.174.35. The stock is looking good today as there are reports which suggest that with softening te ...

Tata Global Beverages up on low coupon bonds

about 13 years ago

Tata Global Beverage is up 1.8% at Rs. 160.60 per share, before cooling off from the day’s high of 161. Broader markets are trading absolutely flat, with BSE Sensex up 50 points at 20,600. The world's second-largest tea group plans to raise Rs 325 crore via issue of 3-year low coupon bo ...

Tata Global brews a solid Q3

about 10 years ago

Tata Global Beverages, in the morning trades was up amongst the top gainers but since then has slipped from there but nevertheless remains firmly in the green. Intra day, it hit a high of Rs.137.90, up some 6% and is now at Rs.136

Shipping Corporation in rough sea

about 10 years ago

Shipping Corporation of India or SCI as it is more popularly recognized, posted a very dismal set of numbers for Q2FY17. The poor show by its liner and bunker verticals plus higher costs is what did it in. The company posted a 30% (YoY) drop in total income at Rs.759 crore. Costs were at 101 ...

THE BEST SUSTAINABLE BUY - AGRICULTURE LAND

about 12 years ago

Do you know where the next boom is headed and a boom which will never ever taper off? The food industry. Not processed food but the primary source of all food - agriculture. And China, as usual is buying up as much agricultural land as it can and its target is Australia.

LAND BILL - MORE SOCIALIST HENCE ANTI CAPITALIST

about 13 years ago

Builders are like sharks - they will always get their meat. And yes, we the middle class will continue to get stressed from both sides, no law protects us. Either we shift to the lower rung or to the higher rung, that's probably the only way out! For us, buying a home will continue to remain an elusive dream as prices will only go up further as builders land acquisition costs will soar through the roof.

AGRICULTURE LAND - APPETITE TO ONLY GROW

about 14 years ago

Do you know where the next boom is headed and a boom which will never ever taper off? The food industry. Not processed food but the primary source of all food - agriculture. And China, as usual is buying up as much agricultural land as it can and its target is Australia.

LAND ACQUISITION BILL - PRO-POOR THUS ANTI-INDUSTRY

about 15 years ago

One news, bigger than the brawl of Shahrukh Khan, which unfortunately most channels failed to debate at prime time, was the revamped Land Acquisition, Rehabilitation and Resettlement Bill. And the Parliamentary Committee which has recommended

Corporation Bank bounces back

about 8 years ago

Over the past few days, Corporation Bank had been hitting new lows almost every single day. Even yesterday, it hit a new low at Rs.21 but today it is in the deep green

GLOBAL CONFIDENCE MOVES TO INDONESIA

about 13 years ago

The survey has showed that global confidence has grown in the second quarter ended 30th June 2013 and people around the world are more optimistic about jobs, personal finances and spending intentions. Number one country on this survey was Indonesia, number two came Philippines and India was at number three. And right at the bottom of this survey was Portugal and Hungary

Dredging Corporation at new high

about 9 years ago

Dredging Corporation had hit a new high on Friday at Rs.723 and today too, in the morning trades, it hit a new high at Rs.752.40. In the last one month alone, it has risen over 20%.

Corporation Bank in the red

about 9 years ago

Corporation Bank is down in the red, just Rs.1.40 away from hitting its 52-week low of Rs.38.05.

SHIPPING CORPORATION OF INDIA

about 16 years ago

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Signature Global

about 3 years ago

Avoid Signing for This
Subscription Start Date :20 Sep 2023 End Date :22 Sep 2023
Issue Size : Rs. 730 cr, Issue Type : Fresh cum OFS
Price Band : Rs.366 to Rs. 385
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Overall Subscription : 12.5x
QIB : 13.37x,HNI :14.24x,Retail :7.17x
Listing Date : 4 Oct 2023, , Listing Price : 444

Shipping Corporation - Adani Seen in Forefront to Acquire

about 5 years ago

Expect process to start monetization from this December.

Shipping Corporation (SCI) - What Are Its Non-Core Assets

about 5 years ago

Aggregate NPV of Non-Core assets works out at Rs. 11,000 cr, being Rs. 236 per share. Taking 50% discount, the share of Non-core assets company, should rule at over Rs. 100 per share.

Peninsula Land zooms up

about 7 years ago

Following this clarification, the stock price zoomed up today over 5% to Rs.4.05. Its UC of 10% for today is at Rs.4.23.

Global Health

about 4 years ago

Good for Long Term
Subscription Start Date :3 Nov 2022 End Date :7 Nov 2022
Issue Size : 2206 cr, Issue Type : Fresh cum OFS
Price Band : Rs.319 to Rs. 336
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Overall Subscription : 9.58x
QIB : 28.64x,HNI :4.02x,Retail :0.88x
Listing Date : 16 Nov 2022, , Listing Price : 398

Global Surfaces

about 4 years ago

Rudra Global Infra Products - How real are Q4 Profits?

about 5 years ago

Share has to eventually rule in single digit, once frenzy dies down

Onmobile Global

about 19 years ago

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Onmobile Global

about 19 years ago

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Healthcare Global

about 11 years ago

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Thinksoft Global

about 17 years ago

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COPPER - THERMOMETER OF GLOBAL ECONOMY?

about 15 years ago

Copper, the ubiquitous reddish metal is all important. Being omnipresent all around us, this metal is stated to be the indicator of the true economic state. When the economy is booming, copper prices zoom and demand is high and vice versa when it is in recession. The red metal goes under the moniker of "Dr Copper"

Capri Global top gainer

about 2 years ago

The market is happy with this news; from its close of Rs.181.55, the stock opened at Rs.186.05 and rose to an intraday high at Rs.204.60, up almost 13.5%.

Capri Global at new high

about 3 years ago

The stock s right there currently among the top three gainers on the BSE; the stock opened almost 7% higher at Rs.1023.85, which is a new 52-week high. And it remains firmly in the green, trading at Rs.1015 levels.

Urja Global hits 20% UC

about 3 years ago

The stock which had closed yesterday at Rs.10.62, opened itself today 20% higher at Rs.12.74, hitting the UC of the day, second day in a row. This was on the back of a 2x jump in volumes.

Global Surfaces lists at premium

about 4 years ago

As against the IPO price of Rs.140, the stock got listed on the BSE at Rs.163, a premium of 16.5%, which in current market scenario is good. It rose to Rs.171

OnMobile Global game on!

about 5 years ago

The stock which had closed yesterday at Rs.163.50, went up to Rs.171.80, tantalizingly close to its 52-week high of yesterday at Rs.175.

Hinduja Global hits 5% UC

about 5 years ago

The stock which had closed yesterday at Rs.3081.80, opened itself today 5% higher at Rs.3235.85, hitting the UC of the day where it now remains frozen.

KPI Global surges 16%

about 5 years ago

The stock, which had closed yesterday at Rs.54.45, went on to hit an intraday high today at Rs.63, up almost 16%. Its 20% UC for the day is at Rs.65.70.

SVP Global rises over 3%

about 6 years ago

The stock, which last Monday had hit a new high at Rs.540, is in the limelight today too, with price rising 3% to Rs.512.80

Corporation Bank tumbles

about 9 years ago

Little wonder then that the stock price is currently amongst the top losers on the BSE, down 3% at Rs.45 level; its 52-week high and low stands at Rs.64.70 and Rs.35.60 respectively.

RURAL ELECTRIFICATION CORPORATION

about 19 years ago

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RURAL ELECTRIFICATION CORPORATION

about 19 years ago

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EMAAR MGF LAND

about 19 years ago

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EMAAR MGF LAND

about 19 years ago

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Hinduja Global in good health

about 5 years ago

The stock opened today 2% higher at Rs.2738.90 and rose further by over 2.5% to hit an intraday high at Rs.2754.90. Volumes are up over 2-times.

Rajratan Global hits new high

about 4 years ago

The stock is seeing a lot of action today, opening 1% higher at Rs.739 and going up further to hit a new 52-week high at Rs.847.15. It has come off the highs

GOING GLOBAL - ARE INDIAN COMPANIES GETTING LISTED ABROAD?

about 11 years ago

If you have ever visited the New York Stock Exchange (NYSE), it is quite a feeling to see some Indian company's quotes showing up on the screen. And the small, handful of companies listed on the NYSE are some of the best that we have in India - Dr. Reddy's Labs, HDFC Bank, ICICI Bank, Tata Communication, Wipro, Tata Motors, WSN Holdings and Sesa Sterlite.

GOING GLOBAL IS NOT LIKE SELLING LEMONADES!

about 9 years ago

Two events have happened today which make us wonder at the perils of doing business abroad. First, the Adani group must be having some sleepless nights, right since the time that it signed up for the coal mining project in Australia. This project has been mired in controversy ever since the time it was put on paper, mainly its threat to the environment. It has been in the making since 2010 and the cost is pegged at $4 billion.

FED CUTS RATES – ONCE AGAIN, INSURANCE AGAINST GLOBAL RISKS

about 7 years ago

The US Federal Reserve did what was expected – cut rates by 25 bps. More importantly, the Fed left the door open to more rates cuts in the coming months but uncertainty mounted as the voice of dissent grew among the Fed members.

Corporation Bank slips on poor Q2 numbers

about 13 years ago

Corporation Bank is currently the top loser on the BSE, down 6% at Rs.281.70, with an intra day low at Rs.279. Its 52-week low is at Rs.239.55. The bank stock has tumbled down after it posted a set of disappointing numbers for Q2FY14. The PSU bank’s net profit for the quarter dropped b ...

Ashima spurts on land sale

about 9 years ago

Ashima Ltd rose 6% in the early morning trades today at Rs.24.10 and continues to remain intact in the green zone. Its 52-week high and low stands at Rs.27.10 and Rs.12.50 respectively.

Corporation Bank is euphoric

about 10 years ago

Corporation Bank is the top gainer on the BSE currently and at an intra day high at Rs.47.50, it was just a tad away from its 52-week high of Rs.47.80. Volumes have spurted up by almost 5 times. The reason for this euphoria is the very good numbers for Q2FY17. The PSU bank posted a 9% (YoY) ...

Shipping stocks in good waters

about 11 months ago

A rare year-end spike in global freight rates is reshaping the risk–reward for Indian shipping and shipbuilding names such as Great Eastern Shipping, Shipping Corporation of India (SCI), Chowgule Steamships and Cochin Shipyard.

KPI Global in limelight

about 5 years ago

The stock which had closed yesterday at Rs.285.35, opened higher today at Rs.295 and rose to Rs.299, just 60 paise short of hitting the 5% UC of the day

FED CUTS RATES – INSURANCE AGAINST GLOBAL RISKS

about 7 years ago

Allowing politics to enter the central bank, the FOMC, cut rates by 25 bps. The Fed also announced that it would end the runoff of the $3.8 trillion asset portfolio on Thursday, two months earlier than previously planned. This is a good move or else the balance sheet policy would have worked at cross purposes with the interest rate policy. This will have no impact on the economy

Avon Corporation

about 19 years ago

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Hero takes the global leap

about 11 years ago

World’s largest two-wheeler manufacturer, Hero MotoCorp, has inaugurated its maiden overseas plant, in Colombia, with initial production capacity of 80,000 units per annum, which will increase to 1.5 lakh units in the next phase. The stock has reacted positively to the development, up nearl ...

NBCC in the limelight

about 11 years ago

National Buildings Construction Corporation (NBCC) is currently in the limelight. The stock is up over 4% at Rs.919 with an intra day high and low of Rs.933.90 and Rs.888 respectively. Its 52-week high is at Rs.1087. The stock is buzzing today after the company announced today that DDA has e ...

Dredging Corp jumps up 4%

about 9 years ago

Dredging Corporation of India (DCI) rose almost 4% today morning to Rs.856.65. It has come off these levels but remains in the green at Rs.838 levels. The stock had hit a 52-week high on 8th Jan at Rs.920.

FALLING YEN AND RISING YEARN FOR MARUTI

about 14 years ago

Well, the news doing the rounds and shaking up things, causing a major tumble in the currency markets is the falling yen. Since Nov'12, the yen has been falling in value against most other major global currencies. And yesterday, 4th April, yen hit a three-and-half year low

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

SCI sailing high

about 13 years ago

Shipping Corporation of India, (SCI) is sailing high today morning, having hit a new 52-week high at Rs.63.70. Though it has come off the highs, it remains strongly in the green, up over 12%. The stock is sailing well on the back of its good performance for Q4Fy14. The company after a really ...

Tata Motors hits brakes

about 13 years ago

Tata Motors had hit a new high on 10th April at Rs.435 and then on 11th April at Rs.437.70 but today,, it has dropped over 2.5%, to hit an intra day low at Rs.411.30. Apart from profit taking, the stock was hit by the fall it reported in its global wholesales for March 2014. The company anno ...

Shipping stocks in good waters

about 1 year ago

This has naturally led to shipping stocks like Cochin Shipyard, Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers (GRSE) and Shipping Corporation of India (SCI) seeing strong buying interest.

SHOULD WE WORRY ABOUT THE VIRUS?

about 7 years ago

And then you land in India, there is no sense of worry or panic; its life as usual. The feeling is that the virus is far away in China and hence no need to worry as such. The stock market is behaving as though there is no tomorrow and it has to make new highs every single day.

FOREIGN TRADE POLICY - BEST UNDER THE CURRENT CIRCUMSTANCES

about 14 years ago

The Foreign Trade Policy, announced by the Commerce Minister, Mr.Anand Sharma was fairly good. It was more about balance, given the current global economic scenario. It was more about procedural relief and less about sops in terms of tax benefits. SEZs have got the major relief in terms

THE YEARN FOR YEN

about 14 years ago

Slowly and quietly, just like the Japanese, its currency, the yen, has also been falling against the US dollar for a few days now while we have been looking at the Rupee-dollar scenario and the stock markets. The land of the rising sun seems so far away in the east that we most of the time, do not pay much attention.

MOODY’s CHANGES THE MOODS, COMPLETELY!

about 9 years ago

After Atal Bihari Vajpayee, it is Modi who did it – changed the moods of Moody’s! The last upgrade that India had got the global rating agency was way back in 2004. 13 years later, Moody’s has once shown its faith in India’s reform process and upgraded our rating.

TCI Industries - True Valuations

about 5 years ago

Company has less than 9 lakh issued equity shares, which entitles a theoretical right of 1.25 sq. ft. of Land (FSI) for 1 equity share held

EMPIRE OF THE RISING YEN

about 11 years ago

Slowly and quietly, just like the Japanese, its currency, the yen, has also been rising against the US dollar for a few days now while we have been looking at the Rupee-dollar scenario and the stock markets. The land of the rising sun seems so far away in the east that we most of the time, do not pay much attention.

SHOULD YOU HOLD 'HOLDING' COMPANIES?

about 10 years ago

Bombay Burmah Trading Corporation recently hit a new 52-week high at Rs.636. The stock price defies all logic when one looks at the financials - for Q1FY17, its net sales dropped 3% (YoY) at Rs.63 crore and the company ultimately ended Q1 with a net loss of Rs.4 crore. So why this kind of valuation?

POSCO - WHO SUBAH KABHI TOH AAYEGI.....

about 11 years ago

It was 22nd June 2005. India was brimming with new found optimism and there was a feel-good factor all around. This day was a sweetener- it marked India on the global map; the state of Odisha (Orissa then) signed India's largest FDI deal - a $12 billion project with Posco for setting up a 12 million tonnes per annum steel plant. It was a big win for India and for Odisha. Posco was touted to be the marquee project which will attract more FDI, like bees to honey.

THE SPIRIT OF INVESTMENT - STAYIN' ALIVE!

about 15 years ago

The biggest question dogging almost every small investors mind on Dalal Street is whether one should stay away from the equity markets for now given the uncertainty, in domestic as well as global markets. While we are dealing with apathy and complete breakdown of governance by the ruling Govt

I KNOW THAT!

about 14 years ago

Chief Economic Advisor Raghuram Rajan has suggested decontrol of diesel prices, by saying that "The best policy is to move towards true cost of the fuel. The problem with diesel versus petrol is not the vehicles, but the fuel cost. If we can bring both to global prices or market prices, then people would make a choice."

Dewan Housing stacks up well

about 11 years ago

Dewan Housing Finance Corporation (DHFCL) was amongst the top gainers yesterday and today too, the stock is up currently over 4% at Rs.410. Intra day high is at Rs.415.50. Its 52-week high is at Rs.569.70, hit on 4th March’15. The stock is up after foreign fund, Nomura has initiated co ...

SLOWDOWN IN GROWTH - NO BIG SURPRISE THERE

about 15 years ago

Finance Minister Pranab Mukherjee said the estimate was disappointing but not surprising, given the weak global and local conditions. He was hopeful that the forecast would be raised, helped by cooling inflation and a record winter crop output

THE ELECTION PROCESS OF USA

about 10 years ago

This is a historic time as far as 'world events' are concerned. One of the largest economies of the world, USA is electing is new leader. And today we live in a flat world, where every global occurrence makes a difference in our economic equations. USA goes to polls today and in a capitalist economy the way they elect their President is very different from the way in which we in India, or even

THE ELECTION PROCESS - USA AND CHINA

about 14 years ago

This is a historic world as far as 'world events' are concerned. Two of the largest economies of the world, USA and China are electing their leader. And today we live in a flat world, where every global occurrence makes a difference in our economic equations.

MARKET IGNORES ALL GOOD NEWS - FIXATED ON ECB TAPERING?

about 10 years ago

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

FLASH CRASH - HOPE IT REMAINS JUST A FLASH IN THE PAN!

about 14 years ago

In an otherwise lackluster day of trading, where it finally dawned upon investors and traders that all the hype about this 'cabinet meeting' could come to a naught in the Parliament, everyone seemed to looking around for the next trigger. And suddenly in the midst of lack of direction, Emkay Global

DEGENERATION OF OUR "TEMPLE OF DEMOCRACY"

about 11 years ago

So as predicted the Monsoon session of the Parliament has been a washout. Nothing happened except burning of our hard earned money. The much awaited GST and Land Bill was not even considered, forget debating about it. The LIVE telecast of the proceedings in indeed a revelation - at least we are now able to see how these so called leaders behave, rather, misbehave. This leads us to the question - is the Parliament working

TIN - YOU CANNOT CAN THIS METALS PRICE!

about 14 years ago

Most of the metals are being beaten down to a pale hue and the outlook also, in the immediate future remains dim. Not many people are recommending buying into metal stocks yet in all this gloom of metals, there is one non-ferrous metal is doing very well - tin. Yes, this ubiquitous metal, shiny and bright has been galloping high quietly while the other metals languished. Indonesia, the world's largest tin supplier, is staring hard at an acute shortage, for the fourth consecutive year. It accounts for 40% of global tin trade and supply in 2012 declined 10% to 94,000 tonnes. This year Indonesia will ship

HDIL jumps up high

about 11 years ago

HDIL is amongst the top gainer today morning, up 5% at Rs.74 with an intra day high at Rs.74.30. The stock is reacting to the news that it has sold development rights on its land parcel at Kurla to DK Realty (India) for Rs 649.51 crore. The company has a la ...

TRACKING THE MSCI INDEX - WHIFF OF FII PREFERENCES?

about 11 years ago

Today, Glenmark hit a new life time high at Rs.1164.20 while Indiabulls Housing Finance is up over 4%. On the other hand, Jindal Steel and Power hit a lifetime low of Rs.62.40. The reason for this massive up and down in these scrips? Glenmark and Indiabulls are to be included to MSCI Global Standard Indexes while Jindal Steel and Power will be deleted from the index. This will be effective closing of 31st August. Market grapevine had it that Britannia might also get

DEVALUATION OF YUAN - THE WHAT'S, HOW'S AND WHY'S.

about 11 years ago

The Chinese sprung a surprise on everyone with this sudden decision to devalue its currency, the yuan or renminbi. It has left a literal carnage on the trading floors of Asian currencies and the US dollar just got stronger. Let us take a quick look at the FAQs of this new global economic event to get a better perspective.

MARKET CRASHES - MORE OF A KNEE-JERK REACTION

about 12 years ago

After the galloping last week, today, the first day of a new week, the markets have crashed badly. Looks like floors itself have come down! Going down over 630 points! It took everyone by shock; the sheer intensity of the fall baffled all. But this fall today is not India centric; it was dictated more by global occurrences. And that too some good economic news from USA on the job front. On Friday, which was Saturday

THE MSCI INDEX - A GOOD IDEA TO FOLLOW?

about 13 years ago

Tomorrow, at the close of trading, the Morgan Stanley Capital International Index or more popularly recognized as the MSCI Index will reclassify its indices right across the world. A semi-annual exercise, in India specifically, it will add and delete 13 stocks in its MSCI Global Small Cap Indices.

INFOSYS - GOOD NUMBERS BUT........

about 13 years ago

The YoY improvement shows that the lower base effect will help show a better performance going ahead and it also means that things are indeed improving on the global macro economic front, especially in USA. But QoQ fall is irksome as seasonally, Q3 is the weakest and yet, Q4 did not emerge

AUTO EXPO - A FANTASTIC SHOW, THAT'S IT!

about 13 years ago

In India, today is a big day for its automobile sector. The first two days of the expo to be held from February 5-11 has been reserved for media and entry for general public will open from February 7, to end on 11th. In this 12th edition of the expo, 70 new models are being launched of which 26 are global offerings. It is hoped that this show will revive the sluggish demand.

DLF slips deep into the red

about 12 years ago

DLF is down in the deep red today. The stock has tumbled down over 7% at Rs.170, slipping down to Rs.169 levels. The stock has dipped after Punjab and Haryana High Court staying the Haryana Govt , where it had transferred around 300 acres of land in Gurgaon to DLF. What this means is that th ...

Tata Motors zooms into fast lane

about 11 years ago

Tata Motors is a big gainer on the bourses today. The stock is galloping since the morning. Opening at Rs.355, it is now at an intra day high of Rs.374, up 6%. Volumes are at some 7 lakh shares. The sudden exuberance on the counter is on the back of very good performance of Jaguar Land Rover ...

DLF sells one more property

about 11 years ago

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

RATING AGENCIES - WILL THEY FINALLY BE PROSECUTED FOR 2008 CRISIS?

about 14 years ago

Finally! Almost four years after the global economy crashed, from which we all to yet to fully get out, a culprit has finally been found! For bringing about the biggest crash in recent times, not a single institution or individual has been prosecuted and the biggest grouse at that time was about the role played by the rating agencies. Finally, the US Govt has slapped a $5 billion law suit against Standard & poor's for exaggerating mortgage

Fortis Healthcare has a sickly pallor

about 10 years ago

Fortis Healthcare has a sickly pallor today and this is caused by the Directorate General of Health Services (DHS). The DHS has ordered the company to deposit Rs.503 crore for non-compliance of conditions of land allotment lease. This is actually a non-compliance by its subsidiary Escorts He ...

Indian Hume Pipe at new high

about 10 years ago

Indian Hume Pipe has been hitting new highs consistently from 28th Sept. Even today, it hit a new high at Rs.700. The market is thrilled that the company is planning to monetize its Pune land, which will bring in a good chunk of money. Its factory land at Vadgaon, Pune is now lying idle as th ...

Bombay Dyeing jumps up almost 6.5%

about 10 years ago

Two back-to-back good news from Bombay Dyeing has led to the spurt in its stock price. The scrip today rose almost 6.5% to Rs.51.90 and continues to remain firmly in the green. The first news came in on 1st Jan when it said that it had sold off Land & Building and some specific utility ma ...

TATA MOTORS - IS IT A CONTRARIAN BUY?

about 7 years ago

Tata Motors did not disappoint. As expected, its earnings for Q2FY20 were dismal but more disappointing than expected. Its Jaguar Land Rover (JLR) sales have been going down since July 2018 and for four consecutive quarters, it has been posting a loss.

WINTER SESSION - CHILLS AND NUMBS THE MIND

about 11 years ago

As widely expected, except for a few die-hard optimists, the Winter Session of the Parliament was a complete washout even as Modi gets ready for his Russian tour. Nothing happened except burning of our hard earned money. The much awaited GST and Land Bill was not even considered, forget debating about it.

REAL ESTATE BILL - AMENDED BUT WILL IT MEND THE REALTY SECTOR?

about 12 years ago

The much awaited realty bill - not the Land Acquisition bill but Real Estate (Regulation and Development) Bill was given the cabinet approval yesterday. Does it in any way mean that you will now be able to own your dream home? Or is there protection against indiscriminate price hikes by realtors?

ABENOMICS + MODINOMICS = ABEMODI DYNAMICS

about 12 years ago

The best part about Modi's visit to Japan - our foreign policy might now look ahead of China and Pakistan. Japan, the land of the rising sun, is an opportunity, a goldmine and this visit should ideally go beyond rhetorics, witty quotes and pledges of pumping in money into India. After looking at only China persistently;

FARMER SUICIDES - NEEDS AAMIR's 'SATYAMEV JAYATE'!

about 13 years ago

Officially, the Govt recognizes a 'farmer' only when land is registered in his name but when majority of the poverty stricken farmers do not have any land in the name and then are forced to commit suicide, their name simply does not get added to the 'official' list. Thus the 'official'

GMDC zooms to top gainer

about 10 years ago

Call it the effect of our Editor , Mr.SP Tulsian, recommending GMDC on CNBC TV18 or the current fancy for natural resource companies, Gujarat Mineral Development Corporation (GMDC) is today the top gainer on the BSE. From yesterday’s close of Rs.107.80, the stock today surged to Rs.113.50, ...

TFCI up almost 11%

about 14 years ago

Tourism Finance Corporation of India (TFCI) is doing very well in this otherwise bad market. The stock is up currently almost 11% at Rs.24.65, with an intra day high at Rs.25.85. Its 52-week high stands at Rs.30.35. Volumes are HUGE at over 2.3 lakh shares being traded compared to around 7400 sha ...

Dewan Housing up over 4.5%

about 14 years ago

Dewan Housing Finance Corporation (DHFC) is doing well today, up almost 4.5% at Rs.181, with an intra day high at Rs.190. Its 52-week high stands at Rs.224.90. Volumes are huge at over 93,000 shares changing hands in the morning compared to around 9000 shares over the past two week average. ...

Polyplex Corp in the limelight

about 10 years ago

Polyplex Corporation is in the limelight today morning. The stock price rose to Rs.300 and continues to remain around the same levels, up some 4%. Its 52-week high is at Rs.315. The stock is up on the company’s announcement that it has completed the acquisition of its entire equity sta ...

NBCC in the limelight

about 12 years ago

National Buildings Construction Corporation (NBCC) is very much in the limelight currently. The stock opened Rs.22 higher at Rs.827, going on to hit an intra day high at Rs.847.75. Its 52-week high is at Rs.922.80. The stock has surged up after it announced yesterday evening, after market cl ...

PSU Banks steal the limelight

about 10 years ago

It’s a great day for PSU banks on the bourses today. Indian Overseas Bank, BoB, Bank of Maharashtra, PNB, Indian Bank, Corporation Bank, Canara Bank, Andhra Bank, Oriental Bank, Syndicate Bank – all have hit a new 52-week high today. SBI is currently less than Rs.2 away from hitting a new high.

REC hits a new high

about 10 years ago

Rural Electrification Corporation (REC) is the top gainer on the BSE currently and it hit a new 52-week high at Rs.198.60, with a 2.5 times jump up in volumes.

Megasoft jumps on new order

about 10 years ago

The company, was awarded the cloud-enabled solution & services contract by the Bihar State Electronics Development Corporation Ltd. (BELTRON). The state Government of Bihar

Dredging Corp hits news high

about 10 years ago

Dredging Corporation of India had closed at Rs.445.50 on Friday and what a run it has had today! It zoomed up to hit a new 52-week high at Rs.518.80 and

Aviation stocks in turbulence

about 10 years ago

Fuel prices are on the uptick, as was forewarned by the Economic Survey yesterday. As though waiting for this cue from the Govt, Indian Oil Corporation announced a 3% increase or a Rs.1539/kL in jet fuel prices, effective from today.

Anjani Portland in the limelight

about 10 years ago

Anjani Portland Cement, a subsidiary of Chettinad Cement Corporation which holds 75% equity, is in the limelight after it announced today morning that its 16 MW coal based Captive Power Plant has been commissioned successfully at the Factory's cement plant in Telangana. The company probab ...

Sunil Hitech on 5% UC

about 10 years ago

Sunil Hitech announced today that it has received an order worth Rs.434 crore from the National Highways & Infrastructure Development Corporation Limited on Engineering, Procurement & Construction (EPC) of Road Project in Arunachal Pradesh. This project is in JV with PCL- Eagle Infra Indi ...

PSU Banks in the red

about 10 years ago

PSU Banks are the big losers on the BSE since morning. Bank of Baroda leads the pack with a loss of 2.44%, Federal Bank is next, down 2.33%, Bank of India, Oriental Bank, SBI, PNB, Corporation Bank, Canara Bank; all are in the red. Even Private sector banks like ICICI Bank, Yes Bank, Axis, all ar ...

Tourism Finance gets the 'midas touch'

about 10 years ago

Tourism Finance Corporation breached the upper circuit at Rs.63 yesterday and today, clocking in volumes of over 5 times, it hit a new 52-week high at Rs.70.50. The reason for this euphoria is that Rakesh Jhunjhunwala owned company, Insync Capital Partners bought 4.25 lakh shares of the comp ...

SCI in rough waters

about 10 years ago

Shipping Corporation of India (SCI) is the top loser on the bourses, down over 9% intra day at Rs.67.45. Its 52-week low stands at Rs.54.50. The big disappointment is the company’s Q1FY17 performance as there was an overall drop across all earnings. Total income was down 22% (YoY) at R ...

SCI sails smooth in high sea

about 9 years ago

Shipping Corporation of India (SCI) is the top gainer since opening bell today, hitting a new 52-week high the moment it opened at Rs.92. Volumes have spiked up over 6 times.

OMCs jump up as fuel prices rise

about 11 years ago

It is after a long gap that oil marketing companies, HPCL and BPCL are today figuring out in the top gainers list. HPCL is up Rs.20 at Rs.810.80 and BPCL is up Rs.21 at Rs.907.65. Indian Oil Corporation is also in the green, up by around Rs.8 at Rs.409. It is reacting to petrol price being h ...

Concor gets the "OFS blues"

about 11 years ago

Container Corporation of India or Concor, a PSU enterprise is down in the red today morning. The stock which has closed at Rs.1226.65, opened lower at Rs.1200.05, going down further to Rs.1185.80. The stock is down, with the markets not happy with the Offer For Sale (OFS) price. Usually, whe ...

Reliance Infra in the limelight

about 11 years ago

Reliance Infrastructure is up in the green today. The stock is currently up over 5% at Rs.431, its present intra day high point. Its 52-week high is at Rs.622.05. The stock is reacting positively to the news that its has signed a purchase agreement with Birla Corporation to sell 100% of its ...

Sharp India locked in 20% UC

about 11 years ago

Sharp India was locked on the 20% upper circuit at Rs.48.35, clocking volumes of over 6.5 times. Its 52-week high and low stands at Rs.89.50 and Rs.34.70 respectively. The stock is up unconfirmed reports that Foxconn is eyeing buying out Sharp Corporation and has offered around $5.3 billion. ...

Concor hits a new high

about 12 years ago

Container Corporation of India or Concor soared to a new high today at Rs.1650 and continues to remain over 9% up. Volumes are at 30,000 shares traded today compared to two week average of 28,000 shares. The action on the counter of Concor is all thanks to RBI. On Thursday, the RBI issued a ...

TCI hits a new high

about 11 years ago

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

STC posts a turnaround

about 11 years ago

State Trading Corporation of India (STC) is in the limelight today. The stock is up almost 3% at Rs.158 levels with volumes of 39,000 shares. Govt of India holds 90% stake and only 7.94% is the floating stock. The market is enthused with this PSU’s Q2FY16 performance. It posted a turna ...

Navkar Corp lists below issue price

about 11 years ago

Shares of Container Freight Station (CFS) operator Navkar Corporation saw a below-than-issue-price listing at Rs. 152 per share on BSE and NSE this morning, vis-a-vis IPO price of Rs. 155 per share. Despite a 2.85 times subscription to the Rs. 600 crore IPO, which closed on 26th A ...

IOC down as OFS gets underway

about 11 years ago

Indian Oil Corporation has lost a lot of ground today. The stock is down almost 4% at Rs.379 with an intra day low of Rs.378.50. In terms of volume, some 3.5 lakh shares have changed hands. The market is not too enthused with the floor price fixed for its Offer-for-sale. It has been fixed at ...

SCI sailing in good waters

about 11 years ago

Shipping Corporation of India (SCI) is in the limelight today after having hit a new high four days ago at Rs.79.40. Today, in the morning trades when it hit an intra day high of Rs.77.25, it seemed precariously close to clinching a new high. But it has since then come off that level and is now t ...

Career Point in deep green zone

about 12 years ago

Showing a spurt in volumes by over 3 times, the stock is a big gainer currently, up over 9% at Rs.147.40, with a intra day high at Rs.151.90. The stock has spurted up after it announced that it has signed a MoU with Rajasthan Skills and Livelihood Development Corporation (an undertaking of G ...

Thomas Cook shines bright

about 9 years ago

IFCI surged over 5% to Rs.25 levels, with Thomas Cook going on to hit a new 52-week high at Rs.255.95. Tourism Finance Corporation of India (TFCI) too hit a new high at Rs.129.

KS Oils to be delisted from NSE

about 14 years ago

KS Oils is down 5% on the BSE at Rs.1.57, a new low and frozen on the lower circuit. Over 3 lakh more pending sell orders remain. The stock is down after the NSE issued a circular stating that it will suspend trading in K S Oils and Abhishek Corporation for their failure to comply with provi ...

New Navaratna's shine brighter

about 12 years ago

Engineers India is doing well today morning, with the stock opening higher at Rs.311 from the closing of Rs.302.95, hitting an intra day high at Rs.318. Also National Buildings Construction Corporation (NBCC), hit a new high at Rs.322. Both the stocks are up, reacting to the news which came ...

RAJAN BECOMES THE ROCKSTAR ALL OVER AGAIN!

about 11 years ago

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

CCI stacks up on bonus

about 13 years ago

Container Corporation of India is up and about today. The stock which closed yesterday at Rs.1091.15, opened today at Rs.1145 and is now at Rs.1147.95, up 5.2%. Volumes are huge at over 2300 shares changing hands today compared to just 278 shares over past two weeks average. The stock zoomed ...

IOC slips and recovers

about 13 years ago

Indian Oil Corporation yesterday had hit a new 52-week low at Rs.186.20 and today though it is not at this low, it remains in the red. It has recovered from an earlier over 3% fall to now a less than a25 drop. The stock is down on this untimely decision of the Govt to divest 10% stake in the ...

IOC leads OMC gainers

about 13 years ago

Oil Marketing Company (OMC) stocks like HPCL, BPCL and Indian Oil Corporation (IOC) are all in the green at the moment. IOC is up over 1% at Rs.208.85, its current intra day low though intra day high was robust at Rs.214. Volumes remain muted. These OMC stocks are in the green after the RBI ...

Kajaria Ceramics up in green

about 13 years ago

Kajaria Ceramics is up over 2% today morning at Rs.236, with an intra day high and low at Rs.237.90 and Rs.232 respectively. Volumes remain muted at around 2600 shares. The stock is up on news that foreign fund Swiss Finance Corporation (Mauritius) bought 8.08 lakh shares or 1.1% stake at Rs ...

PTC India switches 'on'

about 13 years ago

Share of PTC India Ltd. is trading higher by 5.74% i.e. up Rs. 2.90 at Rs. 53.50 per share, in an otherwise lack-lustre broader market. The company has announced receipt of Rs.778 crore from UP Power Corporation on account of past outstanding dues against sale of power to the latter. ...

Banking stocks lead gainers

about 13 years ago

Banking stocks lead the gainers on the BSE today, just like yesterday. The top gainers on the BSE currently are Indian Bank, Corporation Bank, Dena Bank, IDFC and the only non-bank stocks – HDIL. This panache for banks, especially PSU banks has gone up post the good performance reporte ...

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 ...

Gulf Oil on smooth ride

about 13 years ago

Gulf Oil Corporation has been consistently hitting new highs since the past couple of days and today too was no different; It opened higher at Rs.119.50 and went on to hit a new high at Rs.120.95 and currently remains around the same levels. The stock has been zooming up and finally the reas ...

Orbit Corp hits a new high

about 13 years ago

Orbit Corporation has been on the surge since yesterday. Today too, it currently remains strongly in the green, up almost 4% at Rs.26.10 and this is after having a new high in the morning at Rs.26.70. The stock is buzzing ever since Morgan Stanley Asia Singapore PTE stated that it acqu ...

Container Corp hits new high

about 12 years ago

Container Corporation of India (CCI) hit a new high today at Rs.1415, with profit booking coming in at that level and the stock is at Rs.1400, up 2%. The stock is currently recommended by many research houses and the various reports, urging investors to buy the stock has pushed up ...

ACGL in the green

about 9 years ago

Automobile Corporation of Goa is a JV between Tata Motors and Goa Govt. Tata Motors holds 46.44% and EDC, a financial institution established by the Government of Goa

SCI docks as top gainer

about 12 years ago

Shipping Corporation of India (SCI) is currently the top gainer on the BSE, up almost 7% at Rs.59.55, which is still close its intra day high at Rs.60.10. The stock is in the limelight today on unconfirmed news that SCI is close to signing a deal with GAIL which could mean that SCI will oper ...

NBCC spurts up over 4%

about 12 years ago

National Building Construction Corporation (NBCC) is in the limelight today morning, currently up over 4% at Rs.661.55, its intra day high. The stock zoomed up today reacting to its news announced yesterday that it has secured orders to the tune of Rs.338 crore from IIT Kanpur. This order is ...

BHEL zooms on new order

about 12 years ago

BHEL is in the limelight today, currently up over 3.5% at Rs.209.05. Its 52-week high is at Rs.291.50. The company secured contract for setting up a 1,320 Mw supercriticat thermat power project on EPC basis from Tamil Nadu Generation and Distribution Corporation Limited, valued at arou ...

OMCs sulk for more

about 1 year ago

Indian Oil Corporation spurted up 2%, BPCL rose 2.5% and HPCL rose over 2% but is currently trading in the negative; IOC and BPCL too are just about holding onto the green.

Minda Corp among losers

about 4 years ago

Minda Corporation is right there among the top five losers on the BSE since the morning bell today; the stock price fell 3.5% to hit an intraday low at Rs.195.75.

GSFC slumps after riding high

about 12 years ago

State-promoted Gujarat State Fertilizer Corporation Ltd (GSFC) is deeply in the red, down over 5.5% at Rs.114.15. The stock has been hitting a new high consistently since 9th Oct; even on 14th Oct, it hit a new high at Rs.123.50. Most obviously, the stock was running high on expectations of a ...

PSU banks in the limelight

about 7 years ago

PSU Banks are up among the top gainers on the BSE today morning, led by Corporation Bank, Central Bank, SBI, IOB, Allahabad Bank, Syndicate Bank, J&K Bank

Birla Corp goes southwards

about 8 years ago

Birla Corporation is showing a lot of action today, with volumes rising over four time but unfortunately, this journey is southwards.

Dredging Corp gets "staffed"

about 9 years ago

Dredging Corporation of India (DCI) jumped up over 2.5% to Rs.702.40 and continues to remain in the green. Its 52-week high is at Rs.920.

IOC jumps on bonus news

about 9 years ago

Indian Oil Corporation (IOC) is in the limelight today morning. In the opening bell session, the stock price rose over 4% to Rs.398.50. Its 52-week high is at Rs.462.60 and low at Rs.351.

SCI sinks into bigger loss

about 9 years ago

PSU Shipping Corporation of India (SCI) is a big loser on the markets today, currently the top loser on the BSE; slipping down 7.5% to Rs.100.80.

US FED RATE DECISION - WAITING GAME CONTINUES

about 11 years ago

The US Federal Reserve did not, once again, change the rates, as expected, given the global turmoil, especially China. We are back to waiting now, for another FOMC meet with realms of paper and reels of film wasted on whether or not the rates will be hiked. So now, we once again wait for 28th Oct when the next FOMC meet is scheduled. Most of the emerging markets were more or less prepared for this eventuality and markets had probably discounted a 0.25% rate hike.

Tata Motors crashes as Bexit happens

about 10 years ago

With Brexit happening, Tata Motors is a big loser today, currently down over 11% at Rs.433 and this is after an intra day low of Rs.425. This fall in Tata Motors is understandable as this company derives its earnings now mainly from its Jaguar Land Rover sales from UK. There is a report ...

Q2FY16 GDP - NO NEED TO BRING OUT THE VICTORY TRUMPETS YET!

about 11 years ago

The second quarter ended 30th Sept 2015 GDP came in at 7.4%, which was very much in line with what most analysts had estimated. What this shows is that this has been a very gradual pick-up and there are two things dragging down growth - firstly, the bad monsoon and secondly, worsening external, global circumstances. Given these facts, then it is pretty credible that we have been able to grow over 7% at all!

Wanbury turns around

about 10 years ago

Wanbury Limited is India’s fastest growing pharmaceutical company amongst the ‘Top 50 Companies’ as per ORG-IMS, with presence in global Active Pharmaceutical Ingredients (API) market and domestic branded formulations. Its key brands, each falling in the sales range of Rs. 12-28 ...

Mahindra Life in the green

about 13 years ago

Mahindra Lifespaces is buzzing today, currently at its intra day high point at Rs.144.50, up 1.5%, though volumes are muted at around 330 shares changing hands in the morning. Market cap stands at Rs.1816 crore. The stock is up on news that the company has put up its Great Eastern Mill land ...

IT stocks say,"AI AI!"

about 1 month ago

The stock led a sharp rebound in Indian IT stocks on Tuesday, September 15, with the Nifty IT index rallying nearly 5% and stocks such as Infosys, HCLTech and TCS gaining up to 6%, after global AI leaders called

Copper goes green today

about 1 month ago

Copper-linked stocks were in focus after global copper prices hit a record high, driven by tight supply and fears of US tariffs. Hindustan Copper was the strongest sector mover, rising 5.32% to Rs. 535.95, while Hindalco Industries gained 1.60% to Rs. 1,022.95

Metal stocks in the red

about 4 months ago

The market is reacting to a mix of macro and commodity-specific concerns. Metals are highly sensitive to global growth expectations, and any sign of slower demand, especially from China, immediately affects sentiment towards aluminium, zinc, copper and steel producers.

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

Textile stocks jump back up

about 5 months ago

Arvind Industries led the move, rising as much as 6.4% to a fresh 52-week high of Rs. 502.25 on the NSE. Broader participation was visible with Vardhman Textiles up about 6%, Nitin Spinners up 5.5%, Himatsingka Seide up 5% and Gokaldas Exports up 4%, while KPR Mill, Kitex Garments and Pearl Global were up 2%

HEG and Graphite stocks up

about 10 months ago

From a market perspective, the rally was also supported by strong volumes and technical breakouts, with both stocks trading close to their 52-week highs. At current levels, HEG and Graphite India are seen as key beneficiaries of a recovering global steel cycle

Tata companies lead gainers

about 8 years ago

Tata Global Beverages and Tata Chemicals are the top two gainers on the BSE currently. Tata Global rose over 10.5% to Rs.219.85

Tata Coffee brews a bitter taste in Q3

about 8 years ago

Tata Coffee, a subsidiary of Tata Global Beverages, slipped 3.5% to Rs.87.20, a new 52-week low, mainly on the back of its tepid show for Q3FY19.

Greenply Inds in the green!

about 10 years ago

Yesterday after market closure, Greenply Industries announced that it has been included in the MSCI Global Small Cap Indexes. In a statement to the stock exchange, the company said, “ MSCI has announced the changes to constituents for the MSCI Global Small Cap Indexes and as ...

Agro Tech zooms over 16%

about 10 years ago

Agro Tech Foods is engaged in the marketing of food and food ingredients to consumers and institutional customers. The company is affiliated to ConAgra Foods, Inc of USA, which is one the world's largest food companies. Last year, the company bought land in Howrah in West Bengal to an extent ...

Crompton Greaves hits new high & retreats

about 10 years ago

Crompton Greaves briefly hit a new 52-week high today at Rs.76.80, up over 3% and after that, it has come down and is currently just about holding to the green, up less than 1%. The stock rose on news that it is selling its global automation business, ZIV by September 2016 and is looking at ...

Tata Motors in the green

about 13 years ago

Tata Motors is up in the green today morning. The stock is currently up over 2% at Rs.343.60. Five days ago, on 20th Sept, the company had hit a new 52-week high at Rs.354.90. The stock is up after the company stated yesterday that its subsidiary, Jaguar Land Rover (JLR) plans to set u ...

Alstom T&D zooms up

about 13 years ago

Alstom T&D India is doing well today morning. The stock which has closed yesterday at Rs.178.30,opened higher today at Rs.183 and it remains around the same levels currently. The stock is up on news that it has entered into an agreement for sale of its land at Bengalaru, with a large Ind ...

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 ...

Healthcare flops on debut

about 11 years ago

There is a new entrant on the bourses today. Healthcare Global Enterprises. As against an issue price of Rs.218, it got listed on the BSE at Rs.209.80 and it seems to be headed only southwards since then. Hitting an intra day low a Rs.175.45, the stock is now down 15% at Rs.186 levels. Obviously ...

Minda Inds at a new high

about 11 years ago

Minda Industries hit a new 52-week high today at Rs.998.75 and currently remains firmly entrenched in the green, up 16.5% at Rs.983 levels. The market is enthused with its acquisition of Spanish company, Rinder group’s global lighting business for over Rs.145 crore. This buy includes 1 ...

Pipavav Defence in the limelight

about 11 years ago

Pipavav Defence is in the limelight today morning. There is news that Reliance Defence has purchased another 3.3% stake in the company. And this stake it has purchased from Saab, the global defence and security company. Pipavav Defence is now part of Reliance Anil Dhirubhai Ambani Group. Wit ...

TO INVEST OR NOT TO INVEST?

about 11 years ago

The biggest question dogging almost every small investors mind on Dalal Street is whether one should stay away from the equity markets for now given the uncertainty, in domestic as well as global markets. While we are dealing with apathy and complete breakdown of governance by the ruling Govt,

Hikal beaten down after poor Q1

about 11 years ago

Hikal, jointly promoted by Hiremath and Kalyani group, is amongst the first companies to offer customized, cost effective and sustainable solutions from R&D to Commercial Manufacturing. It is one of the very few global and only Indian company to provide APIs for both Pharmaceuticals and ...

Tata Comm starts ringing

about 14 years ago

Tata Communications which opened weak at Rs.227.40, it now up at Rs.232.30, its intra day high point. Buyers outnumber sellers at this juncture. The stock has bounced back sharply as soon as it announced that it has completed a sale transaction of the land parcel and building situated at Nun ...

THE LURE OF CHINESE STOCKS DESPITE ODDS….

about 8 years ago

Every foreign investor worth his name in salt wants to buy more and more into Chinese stocks. This despite the lack of transparency, and so many rules and regulations, limits on buying. Yet, global funds are going all out to increase their investments in China

Crompton Greaves in the limelight

about 11 years ago

Crompton Greaves is in the limelight today. The stock is up almost 3% at Rs.181 with an intra day high and low at Rs.184.25 and Rs.175.30 respectively. Volumes are up over three times. The stock is up, reacting to the company signing an important global supply agreement with cement major Laf ...

MARKET NOW NEEDS SITHARAMAN, DESPERATELY!

about 5 years ago

Forced by rising inflation, the US Fed Reserve yesterday night signaled a rate hike during its 15-16th March meet, very much what the global markets were all expecting. The Fed very clearly spelt out that we will be looking at not just March but a steady pace of increasing interest rates, at a much faster pace than what was anticipated.

DESPACITO – SLOWLY GETTING DESPONDENT

about 7 years ago

If the Govt had thought that it could have got the market to celebrate and soar with their merger announcements on Friday; well, it gauged the moods completely wrong. The overhang of the slowdown, the further falling sales numbers of the auto sector and another merger news of BPCL into Indian Oil Corporation kept the markets down, really really down.

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.

LIC - PERSONAL PIGGY BANK OF GOVT?

about 11 years ago

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

WILL OTHER PSUs ALSO BECOME 'RECs'?

about 12 years ago

Naturally, no one expected the Offer for Sale (OFS) of Rural Electrification Corporation (REC) to turn out into such an overwhelming success. For the past couple of years, it has been seen that PSU offers go abegging; even when stocks are issued to retail investors at a discount, there are no takers and it is LIC which always comes to the rescue. The same story was expected this time too but REC too everyone by surprise. The Rs.1500-crore issue was oversubscribed some 5.5 times. Apart from the overwhelming response from institutional investors, retail investors

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

Century Textiles - Birla Estates seen a Growth Engine

about 6 years ago

In nutshell, Century is on the take off stage to monetize its land parcels, which can largely get captured in the next 3 years, by over Rs. 10,000 crores.

BSE LISTING - A "TO DO" LIST THAT NEVER GETS DONE!

about 13 years ago

But looks like it might indeed take a while for this historic IPO to hit the capital market. There is a bizarre clause issued by the SEBI's Stock Exchange and Clearing Corporation Regulations (SECC), which mandates that every shareholder of BSE is fit & proper. How much more bizarre can this get?

ARE TAX-FREE BONDS A GOOD BET?

about 13 years ago

The tax free bond issue of Power Finance Corporation (PFC) closes on 11th November and its 15 year (Series 2) bonds were comparable to 12.72% pre-tax return earned on other fixed income instruments, assuming the highest tax bracket of 30.9% for retail individuals

SAHARA GROUP - ALL DOES NOT SEEM WELL

about 14 years ago

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

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.”