Search Results Page

LAKSHMI SEEMS TO HAVE DUCKED OUT

about 6 years ago

If the RBI was not acting, it has now been forced to act – the shareholders of Lakshmi Vilas Bank (LVB) have ensured that RBI cannot not act, that too swiftly. We usually take these notices for shareholding voting very lightly but what happened at LVB has shown that if shareholders decide, they can truly bring the company down to its knees.

JK Lakshmi Cement in red

about 11 years ago

JK Lakshmi Cement is down in the red on the back of its disappointing Q2FY16 performance. The company posted a loss YoY and the market, as expected, is pressing heavy sales on the counter. Volumes today are up almost 6 times. Intra day, the stock price went down over 3.5% to Rs.354.10. On ac ...

JK Lakshmi Cement builds up

about 7 years ago

JK Lakshmi Cement is showing some extraordinary spurt in volumes – it is up almost 9.5 times currently. The stock opened 4.5% higher at Rs.302.70 and rose to an intraday high at Rs.316.95, up almost 9.5%.

Lakshmi Vilas in limelight

about 8 years ago

On Friday, Lakshmi Vilas Bank (LVB) had hit a 5% UC at Rs.77.15 and today too, within seconds of opening, it briefly breached the 5% UC at Rs.81.

Lakshmi Vilas gets 'religared'

about 8 years ago

Lakshmi Vilas Bank figures among the top five losers on the BSE currently; it went down to Rs.113.70, a decline of over 3%.

Lakshmi Vilas Bank jumps up 10%

about 9 years ago

Today morning’s newspaper, Economic Times, carried the news that Lakshmi Vilas Bank has initiated talks with several investors, both financial and strategic,for selling up to 26% equity to mobilise funds for expansion.

JK Lakshmi cements gain

about 12 years ago

JK Lakshmi Cement has shown an almost 5 times jump in its volumes, with price rising around 8% at Rs.237, with an intra day high at Rs.246.50, with its 52-week high at Rs.248.20, which it had hit in June. The company announced a very good set of numbers for Q1Fy15, purely on the back of a st ...

JK Lakshmi Cem builds up

about 11 years ago

JK Lakshmi Cement is currently the top gainer on the BSE. It is up 7.5% at Rs.368 levels with volumes jumping up over 5 times. Its 52-week high is at Rs.409.80. The market is thrilled to bits with the company’s Q4FY16 performance. It posted a net profit of Rs.48 crore, up from Rs.6 cro ...

Lakshmi Vilas Bank hits 5% LC

about 7 years ago

Lakshmi Vilas Bank, within seconds of opening, the stock hit the 5% LC at Rs.36.55 and remains locked there. It is not too far from its 52-week low at Rs.34.95.

Lakshmi Vilas Bank hits 5% UC

about 8 years ago

Lakshmi Vilas Bank has been figuring among the top three gainers on the BSE for almost this entire week, hitting its 5% UC consistently. Today too, it hit the 5% UC at Rs.92.75

Lakshmi Vilas Bank in top gainer

about 8 years ago

Lakshmi Vilas Bank is currently the top gainer on the BSE, going up over 3% to Rs.95 and continues to remain firmly in the green.

Lakshmi Machine buzzing loud

about 8 years ago

Lakshmi Machine Works is buzzing loud today, with the stock price surging over 8% to Rs.6289.95 or by Rs.470 in today’s morning session.

Lakshmi Vilas Bank plunges

about 9 years ago

Lakshmi Vilas Bank is currently the top loser on the BSE, down over 3.5% at Rs.188.25.Its 52-week high and low stands at Rs.209.80 and Rs.125.10 respectivel

Lakshmi Vilas Bank 'right' among losers

about 9 years ago

Lakshmi Vilas Bank has been ruling the top spot among the top three losers on the BSE since the opening bell. The stock went down almost 6% to Rs.169.75 and continues to languish in the red.

JK Lakshmi cracks up

about 3 years ago

The stock has been right there among the top five losers since the opening bell today; opening over 1% lower at Rs.770.80, going down 5.5% to an intraday low at Rs.738.05

JK Lakshmi towers up

about 6 years ago

A sharp gainer over the past three days, it opened over 5% higher today at Rs.209.95 and rose 11% to an intraday high

JK Lakshmi hits new high

about 5 years ago

The stock, which had closed yesterday at Rs.467.10, opened in the green and went on to hit a new 52-week high at Rs.499.70. It currently trades at Rs.492 levels.

Lakshmi Machine does well

about 6 years ago

The market has given this performance a thumbs up and the stock price rose almost 3% to Rs.5228.80 and is now trading lower at Rs.5155.

Lakshmi Machine Works in the limelight

about 10 years ago

Lakshmi Machine Works is India's largest textile machinery and CNC Machine Tool manufacturers, based in Coimbatore. The stock has been the top gainer on the BSE since the opening bell today. Currently ruling at Rs.4518, it is up over 4% and this is after hitting an intra day high at Rs.4600, ...

Lakshmi Vilas Bank at new high

about 12 years ago

Lakshmi Vilas Bank hit a new 52-week high today at Rs.114.90, with volumes jumping up almost 3 times. The stock continues to remain strongly in the green. The stock hit a new high on the back of its very good performance for Q1FY15. This Tamil Nadu based bank recorded a 11% (YoY) jump in net ...

Lakshmi Vilas Bank at 10% UC

about 6 years ago

The stock has hit the 10% UC of the day at Rs.22.35. Almost 3 lakh pending buys remained on the counter.

Lakshmi Vilas Bank at 5% UC

about 6 years ago

The stock, which had closed yesterday at Rs.13.89, opened at Rs.14.10 and went on to hit the 5% UC of the day at Rs.14.58

JK Lakshmi Cement hits a high

about 12 years ago

JK Laksmi Cement is in the limelight today following its exuberant performance for Q2FY15. The stock, which closed yesterday at Rs359.80, opened today at Rs.373.90 and went on to hit a new high at Rs.383.05. The stock remains almost 5% higher, with robust volumes. The company, for Q2FY15, th ...

Banking stocks seeped in red

about 11 years ago

Banks are having a very rough run on the bourses. Out of the 40 stocks, 36 are on the decline. Only one bank is a gainer- Lakshmi Vilas Bank. Vijaya Bank hit a new 52-week low at Rs.37.65, Yes Bank, Central Bank, Oriental Bank are amongst the top losers. The reason for this rout in the banki ...

Cement stocks lead losers

about 9 years ago

Today the losers list on the BSE is dominated by cement companies, mainly based in Northern India. JK Lakshmi Cement is down almost 5%, Shree Cement is down 4.5%, India Cement is down 3% and so is Ramco Cements

Indiabulls gets rammed by Swamy

about 7 years ago

Indiabulls Housing Finance, Indiabulls Real Estate and Lakshmi Vilas Bank are among the top three losers on the BSE since opening bell.

AS MARKETS GET ROUTED, GO BARGAIN HUNTING!

about 11 years ago

Hindalco, Adani Power, EID parry, VST Industries, NTPC, Gail, Just Dial, Lakshmi Machine and many more. Some 33 stocks in the BSE-500 have hit new lows. Midcap stocks hitting new low exceed the large cap. Most of the names appearing in the list have two points in common - either

NAVRATANAS FOR A SPARKLING DIWALI

about 13 years ago

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

SPARKLING JEWELS FOR A PROSPEROUS DIWALI

about 12 years ago

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

THE BRIGHTEST SPARKLERS FOR THIS DIWALI

about 11 years ago

Today is an auspicious day, Dhanteras, the first day of the five-day Diwali Festival. And keeping the festivities in mind, the Muhurat Trading on Lakshmi Poojan day, following the tradition of every year, we have identified a set of Navratnas for Diwali. These ratnas can outshine any gold or diamond jewellery, earning you more too! The nine gems are one from each sector which we think are today poised for much better times ahead. And these are, as per us, the best stocks in their respective sectors. Take a pick, choose the gem which suits you the best or build a long term portfolio

Pipavav Defence builds up

about 13 years ago

Pipavav Defence is amongst the top gainers on the BSE today, currently up over 3.5% at Rs.70.80, with an intra day high at Rs.71.50. Volumes remain muted at around 33,000 shares. The stock has zoomed into the green after the Govt yesterday hiked FDI in 13 sectors, through automatic and FIPB ...

DIWALI - THERE IS HAPPINESS IN THE AIR

about 5 years ago

Today is Narakachaturdashi – it symbolizes the triumph of good over evil. With ‘good’ reigning, we get into worshipping Goddess Lakshmi, not just for wealth but for bestowing us with all the intangible ‘goods’ of life. Goddess Lakshmi is no doubt, the Goddess of prosperity but prosperity is not only money but prosperity of emotions, knowledge, health, wisdom.

BEST BUYS FOR DIWALI

about 14 years ago

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

Q3FY12 - WHAT TO EXPECT OR BEST, EXPECT NOTHING!

about 15 years ago

Last fiscal Q3FY11 held more promise and more than sustainability, it was about good growth. But this fiscal, Q3, especially after a not-so-good Q2 and interest regime and falling rupee, does not paint an overall good picture. A trim to the topline growth and surely a hair cut for the bottomline growth seems inevitable...

Jyoti CNC

about 3 years ago

Fully Priced for ST, Cyclical for LT
Subscription Start Date :9 Jan 2024 End Date :11 Jan 2024
Issue Size : Rs. 1,000 cr, Issue Type : Fresh Issue
Price Band : Rs.315 to Rs. 331
--------------------------------------------------
Overall Subscription : 38.53x
QIB : 44.13x,HNI :36.48x,Retail :26.17x,Other :12.47x
Listing Date : 16 Jan 2024, , Listing Price : 372

RIL,Bharti Infratel

about 19 years ago

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

Apollo Tricoat in limelight

about 8 years ago

The stock is very much in the limelight today morning, showing some good volumes and price spurted over 5.5% to Rs.143.75. Its 52-week high is at Rs.191.

Likely takeover banking candidates buzz loud

about 13 years ago

RBI Governor Raghuram Rajan, in Washington, while addressing an event at the Institute of International Finance, said that RBI will, in the next few weeks, come out with major banking reforms to allow foreign banks to enter India in a ‘big way’. It is stated to be a big opening as it ...

Defence stocks ahead

about 6 years ago

Defence stocks are in the green as the border tensions with China escalates. Bharat Dynamics rose over 4.5% to Rs.274.80; Hindustan Aeronautics rose over 4% to Rs.736

Paytm CEO Insults National Anthem

about 5 years ago

Wealth of retail investors got eroded by about 25% on first day of listing itself.

What's brewing in Kotak Mahindra Bank?

about 6 years ago

What justifies Kotak PBV of 4x, ahead of HDFC Bank’s 3.5x? Read to find the possibilities.

Hannah Joseph at 5% UC

about 9 months ago

The stock was listed today on the BSE SME at Rs. 65, a 7.6% discount to the IPO price of Rs. 70. After listing, it moved up to Rs. 68.25, which is exactly +5% from Rs. 65, hence the 5% upper circuit

Kernex rises 13%

about 9 months ago

The stock rose as much as about 13% intraday to around Rs. 1,420 levels, before cooling off; by around mid-morning the stock was still trading in the green while the broader market was also firm.

Staffing stocks on rise

about 11 months ago

Quess Corp’s volume-weighted average price hovered around Rs 209.73 versus a previous close of Rs 213.45, TeamLease Services around Rs 1,650.60 compared with Rs 1,683.10, Updater Services

HBL Engineering builds up

about 2 years ago

The stock is up in the green today morning; opening 4.5% higher at Rs.493, the stock rose to an intraday high at rs.530.75, up 12.5%. Volumes are up almost 3x.

Mazagon Dock hits new high

about 2 years ago

The market was very happy with this news, so much so that stock price rose 7.5% to hit a lifetime high at Rs.4269.75.

Kernex at 5% UC

about 3 years ago

The stock, which had closed yesterday at Rs.580, within seconds of opening today was locked at the 5% UC of the day at Rs.609 on the back of a 11-times surge in volumes.

Bharat Electronics hits new high

about 6 years ago

The stock, which had closed yesterday at Rs.113.10, went on to hit a new 52-week high at Rs.122.50, closer to its 10% UC

Bankex at record high

about 9 years ago

The BSE has soared to a record high today led mainly by banking stocks. The BSE Bankex rose to a record high today, up 2.5%, with all the ten banking stocks in this Index on te “advance” mode.

V-GUARD INDUSTRIES

about 19 years ago

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

Sterlite Technologies

about 9 years ago

Sterlite Technologies is up and buzzing today morning. The stock price opened over 4.5% higher to go up to Rs.152.90 from Friday’s close of Rs.146.25. Its 52-week high stands at Rs.170.

Opto Circuits buzzing loud

about 12 years ago

Opto Circuits has been showing a lot of activity over the past couple of days and today too, the stock price is up over 3% at Rs.25.80, its current intra day high with volumes up almost 1.5 times. The stock is a long way away from its 52-week high of Rs.44. The stock has been in the limeligh ...

Insurance stocks spike up

about 12 years ago

Insurance stocks, Max India (up almost 4%), Bajaj Finserv (up 2.5%), Reliance Capital (up almost 4%) all spiked up into the green, the moment news came in that the Cabinet had approved, the much awaited 49% nod to FDI in insurance. What this means is that approval, as it is now, will be auto ...

MCX amongst top gainers on BSE

about 13 years ago

MCX is up strongly in the green today, amongst the top gainers on the BSE. The stock is currently up 3.5% at Rs.727, with an intra day high at Rs.743.75. Volumes are pretty robust at 21,000 shares being traded today compared to 19,000 shares over past two weeks average. The stock is up on ne ...

Kovilpatti at new high

about 4 years ago

Following this, the stock price jumped to the green today, hitting a new high at Rs.132.70 though it has come off this high on profit booking and is now trading at Rs.127 levels.

Suryoday Bank 'Clix's'

about 5 years ago

The stock, which had closed yesterday at Rs.179.40, opened today at Rs.193 and went up to an intraday high at Rs.209.40 and is now trading at Rs.198.

APL Apollo & Apollo Tricoat at highs

about 6 years ago

APL ApolloTubes rose over 5% to hit a new 52-week high at Rs.1124.95 and so did Apollo Tricoat at Rs.1020

Divi’s Labs down 6.5%

about 6 years ago

The stock opened in the red today, down over 5.5% and going down 6.5% to hit an intraday low at Rs.2094.60. It has recouped from this low

Indiabulls Real Estate jumps up 15%

about 7 years ago

The stock price of Indiabulls Real Estate opened with a gain of 6.65% at Rs.140.35 and went on to hit an intra day high at Rs.151, rising almost 15%.

Indiabulls Real Estate jumps up 10%

about 8 years ago

Indiabulls Real Estate touched an intraday high of Rs.116, going up almost 10%. Its 52-week high is at Rs.223.90.

Coffee Day Ent

about 11 years ago

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

RBI – SENSIBLE ECONOMICS

about 6 years ago

While remaining aggressively accommodative without cutting rates, RBI did a very good job. Clearly, RBI has time-and-again showed us during this pandemic that it has so many more tools; tinkering with the interest rate is just one of them and need not be the whole and soul of the policy decisions.

‘BOND’ING – WILL IT HAPPEN?

about 5 years ago

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

DOMESTIC AIRLINES - FASTEN YOUR SEAT BELTS!

about 13 years ago

AirAsia coming to India seemed like the best thing that could have happened to the sector in a long time. Today, we learn that the domestic airline carriers have appealed against the FIPB clearance to Air Asia, stating that the 49% FDI allowed in aviation was applicable

DIWALI - EAT, PRAY, LOVE; FORGET THE MID-TERM!

about 8 years ago

And while India struggles with whether to be ‘materialistic’ or more ‘spiritual’ this Diwali, the rest of the world has its eyes trained on America. Today, as Americans go to vote, tomorrow, we will know whether people supported Trump’s two years of racist and protectionist policies, not to mention hair-brained rhetoric’s and undiplomatic utterances.

THE INSTIABLE LURE FOR HOLDING COMPANIES

about 9 years ago

Bombay Burmah Trading Corporation, three months ago hit a new 52-week high at Rs.1820. The stock price defies all logic when one looks at the financials - for Q3FY18, the company posted a net loss of Rs.70 lakh and it has been posting losses all along. So why this kind of valuation?

HAVE STOCK PRICES RUN AHEAD OF FUNDAMENTALS?

about 9 years ago

Thus if the ultimate purpose of investing is to get value for your money, then it definitely means that one has to buy stocks when quoted at lower rates and then wait for the value to get recognized by others. On the other hand, growth stocks are those which are already on the rise, have caught the investor fancy and the underlying assumption here is that growth of the company and stock price are directly linked

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

about 11 years ago

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

ECB LEAVES RATES UNCHANGED - MARCH HOLDS MORE PROMISE

about 11 years ago

The Indian markets do not have a single positive trigger - nothing is really happening to keep the spirits going. That explains why we are constantly attuned to global markets and happenings around the world. The Fed and China and today, the European Central Bank (ECB). Really, how does it truly matter for us in India whether or not ECB hikes or keeps rates unchanged?

ARE INDIA INC MARRIAGES MADE IN HEAVEN?

about 12 years ago

Remember the landmark Hindi movie, Trishul? Here, the entire premise of the story is built on the angst of Amitabh Bachchan against his father, Sanjeev Kumar, who betrays his mother, Waheeda Rehman. This is not about Amitabh's anger at being the illegitimate child but more about marriages of convenience. In the movie Sanjeev Kumar let's go of his first love to marry a rich heiress and eventually run a business empire

Bank Nifty - Can Bank on it!

about 12 years ago

We have been giving bullish view on Bank Nifty from start of this week, when all the experts and media have been giving a bearish call and questioning its sustainability. Since then, we have got a lot of requests to carry a detailed write up, reasoning our bullish view on Bank Nifty. Read our detailed reasoning further.

PLEDGED SHARES - NO LONGER THE NIGHTMARE

about 12 years ago

When you start selling your family gold and silver, especially when all know that you are otherwise leveraged to the hilt and are facing a tight liquidity crunch, surely it means that you have hit rock bottom, as far as your financials are concerned. That is how we view things in personal

VALUE OR GROWTH - WHAT DECIDES INVESTMENT?

about 13 years ago

On the other hand, growth stocks are those which are already on the rise, have caught the investor fancy and the underlying assumption here is that growth of the company and stock price are directly linked and this is based on overall profitability estimates of the company and lesser of the sector.

WHY SOUTH INDIAN COMPANIES ARE UNIQUE?

about 13 years ago

Chennai Express is getting a grand opening world over; after all with so much promotion and 3500 prints in India and 700 prints overseas, well, it would be no surprise to see it become one of the big hits of the year.

ARE MARRIAGES OF INDIA INC MADE IN HEAVEN?

about 14 years ago

Remember the landmark Hindi movie, Trishul? Here, the entire premise of the story is built on the angst of Amitabh Bachchan against his father, Sanjeev Kumar, who betrays his mother, Waheeda Rehman. This is not about Amitabh's anger at being the illegitimate child but more about marriages of convenience. In the movie Sanjeev Kumar lets go of his first love to marry a rich heiress and eventually run a business empire

PRIVATE SECTOR BANKS - FEAR RIDING THE BEARS

about 7 years ago

Did you look at how the private sector banking index has collapsed today? Its intra day trade showed a loss of almost 425 points, hitting all-time record low. Out of the 12 banks covered in this index, 11 are in the red; the only stock which is in the reckoning is HDFC Bank; rest all are falling. RBL Bank is moving the fastest towards gravity

AIRASIA - A FLY ON THE WALL OR AN ELEPHANT ON THE STREETS?

about 14 years ago

Jet Airways and SpiceJet, both which were flying high for some time now seemed to have hit turbulence today. Both the stocks ended the day in the red.

INDIA INC - RESPONSIBLE FOR RISING NPAs

about 14 years ago

You dare miss one payment on your EMI? It could be a payment of something as small as Rs.3000. Life could become hell! Penalties, poor credit score and difficulty in getting loans the next time; the troubles will follow you into your grave and beyond. That's the story of our life; we the 'mango' people.

FM armed with Conviction, needs Ganesha's blessings!

about 14 years ago

Finance Minister P Chidambaram, looked fully determined, charged up and full of action, while addressing the media yesterday (Tuesday). FM has categorically stated that, to boost the economy, more measures will be unleashed by the Govt. He has stated that, till 30th October, the department of Revenue, Disinvestment and SEBI would decide on steps to revitalize the economy, hinting that these steps will be in the areas, which he had talked on 6th August, after he took over as FM.

PROJECTS WORTH RS.5 LAKH CRORE STALLED!

about 15 years ago

The effect of policy paralysis has made its strong presence felt in the GDP numbers, month after month. They have now become a set of depressing numbers, one which no one, except maybe the Opposition, looks forward to. So if GDP is down and all sectoral growth is down, naturally we are bound to see its effect on the ground too...

RICE EXPORTS - INDIA IS THE 'KOHINOOR' OF THE WORLD

about 15 years ago

While you tuck into your delicious biryani or eat the humble rice plate - just remember - you are probably eating rice which is set to rule the world! Yes, India is throned as the new King of rice around the world, beating even Thailand and Vietnam.

RICE PLATE - THE BEST DISH IN TOWN?

about 10 years ago

While you tuck into your delicious biryani or eat the humble rice plate - just remember - you are probably eating rice which is set to rule the world! Yes, India has held the mantle of the largest exporter of rice in the world, beating China and even Thailand and Vietnam. While we wait with a lot of trepidation for the Q3FY17 earnings number to come, rice companies could beat the heat, not just because people do not

MUHURAT TRADING - A TRADITION OF THE PAST

about 10 years ago

In the olden days, visiting Dalal Street on Muhurat Trading day was a treat to the senses. The evening trading session used to be marked with the presence of women and children - a rarity in a place otherwise dominated by men. The women and children came dressed in their best clothes, bejeweled and dazzling. There were boxes of sweets going all around the street. Brokers offices used to be dressed up too - marigold flowers and intricate rangolis, diyas' and torans'. There used to be an air of festivity and excitement

INDIA INC AND ITS 'FAMILY' CONNECTIONS

about 10 years ago

Remember the landmark Hindi movie, Trishul? Here, the entire premise of the story is built on the angst of Amitabh Bachchan against his father, Sanjeev Kumar, who betrays his mother, Waheeda Rehman. This is not about Amitabh's anger at being the illegitimate child but more about marriages of convenience. In the movie Sanjeev Kumar

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?

TO BUY 'VALUE' OR 'GROWTH'?

about 10 years ago

Making money alone cannot be the criteria for investing - it is the driving force but it you do not look at growth or value as two decisive factors of investing, buying shares could always remains a losing proposition. But therein lay the flaw - growth and value are like Siamese twins joined at the hip and where growth is a component of calculating value. So what this means that every

GST BILL - JUBILANT VICTORY OF DEMOCRACY

about 10 years ago

The biggest trigger that we all were waiting for is finally come and gone. And the market behaved as predicted - profit booking after the build-up for so many months and years. It is like the market saying, "Oh well, it's done! What's next?" But through all this, more than the actual passing of the GST Bill, what was extremely fascinating was the entire debate in the Rajya Sabha yesterday. The way in which the ministers presented t

WHAT TO BUY? OR “HOW” TO BUY?

about 8 years ago

“Any stock worth buying?” That seems to be the constant quip every time the market goes up. Indices are hitting historic highs and stocks too, making one wonder whether it is worth buying at such high valuations.

HAPPY DIWALI – LET THE LIGHT SHINE !!!

about 7 years ago

The festival of lights has begun. Dhanatrayodashi marks the beginning of the mega festivities – this is the biggest and last big festival for majority of Hindus. Kaarti and Chhoti Diwali, Tulsi vivah… all that will follow but none of them will be as big as Diwali – the climax of all festivities through the year.

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…

INFOSYS - WHAT'S WRONG IN INDUCTING THE FOUNDERS SON?

about 13 years ago

Well, many would ask what could possibly be wrong about a founder promoting his son to a senior management position? Isn't this his birthright? Yes, in our country, the child is automatically considered to be the rightful heir to not just the wealth but also the company and the position. When Dhirubhai Ambani passed away, despite all the turmoil and the company being split into two, no one asked why the sons were given the baton?

TEXTILE SECTOR – WELL-SUITED!

about 5 years ago

And all over, we have people asking us whether textiles will be the renewed sunrise sector to follow? Well, this is undoubtedly one of the most favoured sectors currently and there are short term reasonings and long term reasons too.

VACANCY – THREE MPC MEMBERS REQUIRED, URGENTLY!

about 6 years ago

And this 6-member MPC is to be rejigged again. Given the pandemic, to maintain continuity, the RBI had asked the Govt for an extension of the same MPC members to continue but the Govt rejected that request as legally this is not permitted. Now the hunt is on for three members.

ROUND ONE - MSMEs BIGGEST GAINERS

about 7 years ago

The FM stated right at the outset that there will be 15 measures of which 6 will be for MSMEs, 2 each for Employee Provident Funds, NBFCs and MFIs; one each for discoms, realty and contractors and lastly, 3 tax related.

AS GROWTH SLOWS, FDIs TO THE RESCUE, AGAIN!

about 7 years ago

After the roll backs on Friday and RBI surplus transfer, there was another shot in the arm yesterday late evening. The Govt’s favourite go-to to boost the economy, Foreign Direct Investment (FDI) got further liberalized.

THE ANNUAL RITUAL OF BUFFETT’S ANNUAL LETTER

about 8 years ago

It’s a ritual which no Warren Buffett fan wants to miss – the annual letter accompanying the annual report of Berkshire Hathway Inc. Every year, the letter which Buffett writes to his shareholders is waited with a lot of eagerness. Apart from getting a peek into where his vision for the future lay,

THE AUTO EXPO SHOW – MANY OPTING OUT?

about 9 years ago

The Auto Expo show in New Delhi in 2014 was very BIG news; it was almost euphoric with almost all vehicle makers wanting to display new models. That was a time when demand was very low and companies were sitting on some huge inventory. The 2016 show (Auto Expo is held every alternate year, biennial) was a bit lukewarm with some seven prominent companies opting out of the event.

INDIA HITS A CENTURY!! CLIMBS 30 SPOTS ON DB INDEX

about 9 years ago

And these ambitions were not too way off the mark! India climbed up 30 spots to 100th ranking and World Bank has lauded the efforts, stating, “"India stands out this year as one of the 10 economies that improved the most in the areas measured by Doing Business." The World Bank has lauded India’s efforts made on introducing the Insolvency Law, the resolve to correct the NPA situation, easing tax compliance on businesses by implementing

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.

INDIA AS OPEN AS OPEN CAN BE - WHY MARKETS NOT CELEBRATING?

about 10 years ago

To water down the Rajan exit, the Govt came up with a slew of reforms - once again to do with FDI. India now carries the tag of being "the most open economy". It first announced the FDI easing in defence. The foreign investors were irked with the condition of access to 'state-of-art' technology'; so that has been done away with

BUDGET FY17 - GAINERS AND LOSERS

about 11 years ago

Here is a quick look at some of the announcements made in the Budget and how it will impact companies in the various sectors. Some are obvious gainers like always in all Budget, the agri stocks and some are the usual losers, like cigarette companies. Take a look and take stock of where you stand post the Budget.....

RAILWAY BUDGET FY17 - MORE ABOUT CUSTOMER SATISFACTION

about 11 years ago

One has to hand it over to the Railway Minister Suresh Prabhu. Without taking the traditional "poem" route to begin his speech, he did the best thing possible - he quoted a couple of feedbacks on the hygiene and fast responsive actions of the Indian Railways in the last one year.

WHY MARKET IS NOT JUBILANT ABOUT FDI CAP REFORMS?

about 13 years ago

The first and foremost reason - foreign investors did not need convincing about the potential of India but they do not need a lot of convincing about such decisions seeing the light of the day. Also, the Govt seems to be in a tearing hurry to push through biog ticket reforms

DIVERGENCE – DRESSING UP A CROW INTO A SWAN

about 7 years ago

“Under-reporting bad loans.” “Window-dressing.” That sounds ominous but means the same thing; RBI has made it sound and look like some usual, routine accounting practice, calling it “divergence.”

FOOD SECURITY BILL - UPA BUILDING ITS 'SECURITY' FOR THE ELECTIONS

about 13 years ago

Yesterday, late into the evening, the Union Cabinet approved the food security ordinance and now it will go to President Pranab Mukherjee and will be promulgated after his approval.

FISCAL CLIFF - THE POLITICS OF BRINKSMANSHIP

about 14 years ago

There is a precipitous cliff we are quickly coming to and the way USA moves will decide whether USA and the rest of the world, goes over the cliff or hangs on to the edge. For us here in India, there will be no direct impact apart from now being globally aligned; we will pay the price of being a part of the flat world. And that indirect impact does not bode well. But USA, which is always shown in Hollywood as the perpetual 'saviour of the world' will most likely remain true to its image

CAR MAKERS - EVERYTHING HINGES ON FESTIVE DEMAND

about 14 years ago

This is also the time when auto companies brace for the best season of the year. The second half is usually their best, with festivals, New Year and then the fiscal year tax rebates. Not surprisingly then, the Indian car market will witness a total of 30 new cars this festive season.

GOA SHOWS THE RIGHT WAY TO GO!

about 15 years ago

When Goa announced, in its State Budget for FY13, a 11% reduction in its Value Added Tax (VAT) on petrol, the price of petrol was to come down by Rs.11/litre. It first seemed like a typo error! After all, have we ever heard of any Budget announcing a rate cut in petrol?

THE CLIMB UP OF RATES CONTIUES …….

about 4 years ago

The Fed yesterday did what was widely expected. For the fourth time in a row, the Fed hiked rates by 75 bps to fight inflation. The good news from this – though the rate hikes will continue till inflation is not reined in, the rate hikes will now possibly be in smaller increments but to higher levels than previously anticipated

PATIENCE IS ALL THAT IS – FOMC

about 5 years ago

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

NOT "WHAT", ITS "HOW" TO BUY

about 6 years ago

Growth needs to be looked at from a free flowing cash perspective and how well it can be used for future growth enhancement. What is the point of a company giving high dividends and having good profits, if all its cash is to be eaten up by paying interest on the high debt it has taken?

THE A,B,C,D.... OF 2020

about 6 years ago

We all over the world have never waited so anxiously for a year to end. 2020 is finally over and with 2021, there is new hope that our lives this year will once go back to the “old normal” and not the “new normal” which we today call life.

LVB PUTS FOCUS ON PMC BANK

about 6 years ago

The LVB imbroglio has once again put the focus back on beleaguered Punjab and Maharashtra Cooperative (PMC) Bank. It has invited Expressions of Interest (EoI) for equity participation and 15th Dec is the deadline. What we hear is that quite a few business houses are showing interest but we will know the names only after 15th Dec.

DIWALI – TIME TO PRAY, EAT, LOVE

about 6 years ago

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

CEMENT – GETTING READY TO BUILD-UP

about 6 years ago

With monsoon fading, easing of lockdown restrictions and demand recovery, construction activities have indeed started picking up. Across India, there is already a 2% month-on-month rise in cement prices – this price rise is happening after four consecutive months of fall.

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.