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INSIDER TRADING - A VIEW FROM THE OUTSIDE

about 13 years ago

Getting information before it becomes public is what you, me and all believe will help you make windfall gains. So when we make money by getting news of a company before it becomes public, does that tantamount to inside info? Or because we trade in small quantities, it is not really breaking the law?

Mastek in the green

about 10 years ago

Mastek is in the limelight today. The stock rose almost 2.5% to Rs.170.20; it has come off this level to Rs.168 levels. Its 52-week high is at Rs.185.35. The company announced that it has completed acquisition of 100% equity shares of Trans American Information Systems and consequently it ha ...

Newspaper stocks in news!

about 8 years ago

Newspaper publishing houses are up in the green today as the Ministry of Information & Broadcasting (I&B) has taken a decision to revise the advertisement rates for print media.

Redington India slumps as QoQ sours

about 11 years ago

Redington India is currently the top loser on the BSE. The company calls itself as a “supply chain provider worldwide” to over 100 leading manufacturers of information technology, telecom, lifestyle and consumer electronics products. It has posted a set of good numbers for ...

Birla stocks get that sinkin' feeling

about 13 years ago

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

Maruti drives-in SCross thru Nexa

about 11 years ago

Shares of India’s largest passenger car maker Maruti Suzuki have spiked up over by almost 1%, at Rs. 4,212 now, as company has made public an information document about its newly launched crossover S-Cross, through an entirely new distribution channel named Nexa. Within minutes of this news ...

PAY HIKE FOR PSU BANK EMPLOYEES - MARKETS IRRITATED

about 12 years ago

What has been your experience of dealing with a PSU bank vis-Ã -vis a private sector bank? Most would say, "not very good". The majority would complain would about inefficiency. The long wait to get even the basic work done, like getting a cheque book or getting your money withdrawn or even getting some information from the "information" counter

ARAMCO – AS SLIPPERY AS OIL

about 7 years ago

Despite having published an over 600-page prospectus, there is very little detail as the number of shares on offer, the pricing, date of listing – nothing is mentioned. There is a mention in the prospectus though that individual/retail investors will be offered 0.5%. For institutional investors – zilch information on size and pricing. And yet, foreign investors are queueing up to invest. China, obviously with geopolitical benefits in mind is investing $10 billion.

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

about 9 years ago

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

MONSANTO IS THE EYE OF THE STORM

about 9 years ago

On 1st Dec’17, newspaper Mint had published a story that Competition Commission of India (CCI) had imposed a fine of Rs.2 crore on Monsanto. The stock exchanges had asked for a clarification and the company had replied, saying, “ the above published news has no connection with Monsanto India” and went on to say that it had no information which is otherwise required to be disclosed to the stock exchanges.

COAL INDIA NEEDS TO BE RESCUED – NITI AAYOG SHOWS THE WAY!

about 9 years ago

The Children’s Investment Fund (TCI), a UK based hedge fund, way back in 2012, while holding just 1.1% stake in Coal India while Govt held 90%, had created a huge furor as it threatened to sue CIL for bowing down to the sarkar, the Govt, when it came to pricing. It had substantial evidence to backup the pressure tactics used by the Govt on CIL. It had obtained an official letter under the Right to Information Act

Astrazeneca back in reckoning

about 13 years ago

Astrazeneca Pharma is back in the limelight. The stock is up almost 8.5% at Rs.1155, with an intra day high at Rs.1169.80. A few days ago the stock had spurted up to a new high after the company had announced delisting and then it tanked into the red when on 5th March, the company stated tha ...

Fortis Healthcare in poor light

about 10 years ago

After Reliance Industries, Fortis Healthcare is the second top loser on the BSE. Going down 3.25% to Rs.185 levels, the stock price does not seem to be in any mood to come out the color red today. The Singh brothers, who had been trying to sell part of their 63% stake (of which 80% is pledge ...

Apollo Hospital in good health

about 14 years ago

Apollo Hospitals is a big gainer on the BSE today. The stock opened at Rs.798.85 and went on to hit an intra day high at Rs.846.65. Though it has come off from this high, it remains firmly in the green, up 5% at Rs.835. Volumes are huge at over 16,000 shares compared to two week average of 5800 s ...

Muthoot Fin loses all sheen

about 14 years ago

Muthoot Finance is currently the biggest loser on the BSE, down over 16% at Rs.126.65, with an intra day low at Rs.121.85. Volumes are huge at almost 3.5 lakh shares compared to 31,000 shares over two week average. The stock has tanked with the gold prices. After the fall on Saturday, today ...

Ranbaxy Labs top loser

about 14 years ago

Ranbaxy Labs is currently the top loser on the BSE, down over 7% at Rs.402.35, with an intra day low at Rs.401. Its 52-week low stands at Rs.370.50. The stock is down the red after Daiichi, the Japanese owners of the company today, plan to sue the former promoters of the company – Malv ...

Maruti at red signal

about 13 years ago

Maruti is currently the top loser on the BSE, down 4% at Rs.1595.05, with an intra day low at Rs.1591.05. There is currently a lot of negativity around the stock on account of its Gujarat project where a few fund houses, last week, raised a red flag, voicing their discontent over this arrang ...

Astrazeneca in the red

about 13 years ago

Astrazeneca Pharma is down in the red at Rs.1077.80, a decline of over 8%, with volumes spiking up over two times. Astrazeneca Pharma had been hitting new highs and breaching the upper circuit filters for some time now on the hopes of delisting. But like in 2010, these hopes were once again n ...

ABG Shipyard sails into some rough water

about 12 years ago

The Stock exchange had sought a clarification from ABG Shipyard today morning, regarding a news article which said that the L&T was in a race to buy ABG Shipyard stake. The company was prompt to issue a clarification stating that no such negotiations were taking place and that the company was ...

Ramco Systems hits new high

about 12 years ago

Ramco Systems which had hit an upper circuit yesterday and a new high at Rs.410.40, has hit another new high today at Rs.428.70, up 3%. The stock is soaring high since 18th August. A day later, the company announced that it has secured a 5-year contract from Asia division of Vopak, the world ...

DLF develops big cracks

about 12 years ago

Apart from JBM, another stock which was expected to react pretty strongly was DLF. The top loser on the BSE currently, the stock hit a new low today at Rs.111.25 and it continues to hover around the same levels, down over 18.5%. The stock is mired in the red on SEBI’s order which came ...

SPARC gets lit by USFDA

about 12 years ago

Sun Pharma Advanced Research Company (SPARC) is currently the top gainer on the BSE, up 11.3% at Rs.202, with an intra day high at Rs.207.50. Volumes have surged almost 7 times. The stock has jumped up after it announced today morning that the U.S. Food and Drug Administration (FDA) has issu ...

Moving Average

about 8 years ago

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

DLF goes 'SAT' into the red!

about 12 years ago

DLF is down deep in the red today. After falling nearly 5% to Rs.130 levels, the price has recouped a bit now to Rs.131 levels, though it continues to remain over 3% down. The stock is down on reports emerging that the Supreme Court (SC) has refused to stay the Securities Appellate Tribunal ...

Sun TV reception goes bonkers!

about 12 years ago

Sun TV is the top loser on the bourses currently. The stock is down by a jaw dropping 26% at Rs.265 compared to Friday’s close of Rs.356. And it hit a new 52-week low today at Rs.258. This relentless beating down of the stock is happening because the Home Ministry has struck down the I ...

Essar Oil slips and falls

about 12 years ago

Essar Oil was up almost 5% yesterday, hitting a new high at Rs.153.80, on news that the promoters of the company plan to sell 49% stake in Essar Oil to Russian oil and gas giant Rosneft for about Rs 10,500 crore. There was another report which stated that promoters will sell 51% stake at a ...

App launch makes Just Dial h'app'y

about 11 years ago

Local search engine provider Just Dial announced last evening that it has launched a new app for its search engine functions for Google Android users while the iOS Apple app has also been submitted and will be launched very soon. This has lead to a nearly 13% spurt in share price of Just Dial, up ...

ENIL plays a hit number!

about 11 years ago

Entertainment Network (India) Limited (ENIL) or more popularly recognized as the ‘Radio Mirchi' company is singing a very good tune today’ looks like it’s a hit number today! The stock today opened at Rs.684 from previous close of Rs.656 and went up to an intra day high of R ...

DLF slumps as SEBI knocks it down

about 11 years ago

A few weeks ago, the market had celebrated DLF with its plans to monetize its rental properties. But SEBI seems to have popped its balloon – it has requested the Supreme Court (SC) to restrict DLF's fund-raising plan and also stop the company and its affiliates from dealing in securitie ...

WHO pushes up Anuh Pharma

about 11 years ago

Lesser known Anuh Pharma, with a market cap of over Rs.800 crore, is in the limelight today. The stock rose some 2.5% higher, to spurt up to an intra day high of Rs.339, up almost 9%. It currently remains around 6% up at Rs.330 levels. The company announced yesterday after market hours that ...

Blue Star is a star today!

about 11 years ago

Blue Star hit a new 52-week high today at Rs.398 and is currently at Rs.392 levels. Blue Star Infotech, a group company hit was up over 9% intra day at Rs.261 levels. Both these stocks are up after the company announced yesterday after market hours that the Competition Commission of India (C ...

8K Miles walks into green

about 10 years ago

Ahead of the Board meeting which was scheduled for yesterday, 8K Miles had shown some unusual 2 times surge in volumes and today, now that the content of the Board meeting is out, the volume is accompanied by an over 6% surge at Rs.679. It’s 52-week high is at Rs.956.25. The Board has ...

What is meant by Small, Mid and Large Cap Stocks?

about 8 years ago

The stocks in the share market are classified on the basis of the market capitalisation of individual companies, where market capitalization is the number of issued equity shares of the company multiplied by the current market price. On this basis, stocks can be broadly classified into three categories - large, mid and small cap.

What does CTS mean?

about 14 years ago

Prospectus / Red Herring Prospectus

about 8 years ago

A company planning to raise money from the public issues an offer document. This offer document is known as a Prospectus.

Newgen Software

about 9 years ago

Verdict :Not exciting enough
Subscription Start Date :16 Jan 2018 End Date :18 Jan 2018
Issue Size : 485 crore, Issue Type : Fresh cum OFS
Price Band : Rs.240 to Rs. 245
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Overall Subscription : 8.25x
QIB : 15.62x,HNI :5.52x,Retail :5.18x
Listing Date : 29 Jan 2018, , Listing Price : 253

THE BUSINESS OF GOVERNANCE

about 5 years ago

Well, each Govt has its own agenda and we will see how the Cabinet is expanded today and how much bigger it will get – there is nothing wrong in having new ministries as the growing population and the complexities of living, do demand more micro action. But the sad truth – only cabinets and the population expand – rest all remains same.

GIVING A NEW DEFINITION TO “DELAYS”

about 5 years ago

Well, the Indian Post has surely improved and letters do get delivered on time yet projects, especially those started by the Govt – be it state or central, go on for years and years and years. One road will be dug up during summer for repair work before monsoon but it does not get ready even after monsoon goes and winter goes, another summer comes and once again monsoon comes.

IT PEOPLE (INDIA)

about 19 years ago

Price Band : Rs. - to Rs. -
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MULTI COMMODITY EXCHANGE OF INDIA

about 19 years ago

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APOLLO HEALTH STREET

about 19 years ago

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ITIL,Vishal Bearings

about 19 years ago

Price Band : Rs. - to Rs. -
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CELLEBRUM TECHNOLOGIES

about 19 years ago

Price Band : Rs. - to Rs. -
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ITIL,Vishal Bearings

about 19 years ago

Price Band : Rs. - to Rs. -
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RADIANT INFO SYSTEMS

about 18 years ago

Price Band : Rs. - to Rs. -
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Persistent Sys

about 17 years ago

Price Band : Rs. - to Rs. -
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ASHOKA BUILDCON

about 16 years ago

Price Band : Rs. - to Rs. -
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Just Dial

about 14 years ago

Price Band : Rs. - to Rs. -
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Bandhan Bank

about 9 years ago

Verdict :An Expensive Bond
Subscription Start Date :15 Mar 2018 End Date :19 Mar 2018
Issue Size : 4473 crore, Issue Type : Fresh cum OFS
Price Band : Rs.370 to Rs. 375
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Overall Subscription : 14.63x
QIB : 38.67x,HNI :13.89x,Retail :1.2x
Listing Date : 27 Mar 2018, , Listing Price : 485

Cost of Debt

about 8 years ago

Cost of debt refers to the effective interest paid by a company on its debts. While cost of debt can be calculated in either on before or after tax basis, since interest expense is deductible, generally the after-tax cost is considered.

Varroc

about 8 years ago

Verdict :Value for long term investors
Subscription Start Date :26 Jun 2018 End Date :28 Jun 2018
Issue Size : 1955 crore, Issue Type : OFS
Price Band : Rs.965 to Rs. 967
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Overall Subscription : 3.57x
QIB : 9.16x,HNI :2.45x,Retail :0.89x,Other :0.64x
Listing Date : 6 Jul 2018, , Listing Price : 1032

Data Patterns

about 5 years ago

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

Protean

about 3 years ago

Unique Digital Play
Subscription Start Date :6 Nov 2023 End Date :8 Nov 2023
Issue Size : Rs. 490 cr, Issue Type : OFS
Price Band : Rs.752 to Rs. 792
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Overall Subscription : 23.86x
QIB : 46.94x,HNI :31.62x,Retail :8.93x,Other :1.49x
Listing Date : 17 Nov 2023, , Listing Price : 792

Stanley Lifestyles

about 2 years ago

Not Very Comfortable
Subscription Start Date :21 Jun 2024 End Date :25 Jun 2024
Issue Size : Rs. 537 cr, Issue Type : Fresh cum OFS
Price Band : Rs.351 to Rs. 369
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Overall Subscription : 96x
QIB : 222x,HNI :118x,Retail :17.8x
Listing Date : 28 Jun 2024, , Listing Price : 499

Orient Technologies

about 2 years ago

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

Hexaware Technologies

about 2 years ago

Nothing Exciting
Subscription Start Date :12 Feb 2025 End Date :14 Feb 2025
Issue Size : Rs. 8,750 cr, Issue Type : OFS
Price Band : Rs.674 to Rs. 708
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Overall Subscription : 2.66x
QIB : 9.09x,HNI :0.2x,Retail :0.11x,Other :0.32x
Listing Date : 19 Feb 2025, , Listing Price : 731

Aditya Infotech

about 1 year ago

Only for Long Term
Subscription Start Date :29 Jul 2025 End Date :31 Jul 2025
Issue Size : Rs. 1,300 cr, Issue Type : Fresh cum OFS
Price Band : Rs.640 to Rs. 675
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Overall Subscription : 100.69x
QIB : 133x,HNI :72x,Retail :51x,Other :8.5x
Listing Date : 5 Aug 2025, , Listing Price : 1015

Dev Accelerator

about 1 year ago

No acceleration seen
Subscription Start Date :10 Sep 2025 End Date :12 Sep 2025
Issue Size : Rs. 143 cr, Issue Type : Fresh Issue
Price Band : Rs.56 to Rs. 61
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Overall Subscription : 63.97x
QIB : 20.3x,HNI :87.97x,Retail :164.72x,Other :17.61x
Listing Date : 17 Sep 2025, , Listing Price : 61

IValue Info

about 1 year ago

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

SRIT India

about 18 days ago

Many Ifs and Buts
Subscription Start Date :28 Sep 2026 End Date :30 Sep 2026
Issue Size : Rs. 218 cr, Issue Type : Fresh Issue
Price Band : Rs.123 to Rs. 130
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Overall Subscription : 125x
QIB : 92x,HNI :313x,Retail :67x
Listing Date : 6 Oct 2026, , Listing Price : 139.80

Prism Cement builds up

about 10 years ago

The company has successfully bid for 18,300 tonnes per annum of coal from South Eastern Coalfields Limited [A subsidiary of Coal India Limited (‘CIL’)] in a recently

What is meant by money laundering?

about 14 years ago

Sambhaav Media

about 10 years ago

Sambhaav Media is locked at the 20% UC at Rs.7.02. The company issued a Press Release yesterday stating

Emami Paper jumps on expansion

about 9 years ago

Emami Paper Mills is on the buzz today. The stock price rose from Rs.121.35 to an intra day high of Rs.126 and volumes are up almost 4 times.

Trigyn Technologies hits 5% UC, again!

about 10 years ago

Trigyn Technologies had hit the 5% UC yesterday at Rs,109.40 and today too, it hit another 5% UC at Rs.114.85.

RITES rises and falls

about 3 years ago

The stock opened 1% higher at Rs.518.55 and soon rose to an intraday high at Rs.537.35, up almost 4.5%; profit booking came in at this level and the stock is now in the red

Lasa Supergenerics at new high

about 6 years ago

The stock, which had closed yesterday at Rs.81.75, opened today at Rs.86 and went on to hit a new high at Rs.88.65.

Dish TV slips into red

about 6 years ago

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

NTPC scales new high

about 5 years ago

The stock is in the limelight today, opening 1% higher at Rs.127.75 and going on to hit a new 52-week high at Rs.133.45,

ONGC and GAIL at new high

about 5 years ago

The stock rose over 5.5% today to hit a new high at Rs.172.80 and its market cap is at staggering at over Rs.2 lakh crore.

Lux Inds hits LC

about 5 years ago

The stock is currently the top loser on the BSE, opening almost 5% lower at Rs.3343 and soon hit the 20% LC of the day at Rs.2808.30,

Wipro making a buzz

about 5 years ago

From its close of Rs.564.25, it opened pretty firm at Rs.572.45 and is currently just about holding on to the green at Rs.564.25.

Indiabulls Real zooms up

about 5 years ago

The stock, which had closed yesterday at Rs.103, opened slightly higher today at Rs.104.60 and went up 13% to hit an intraday high at Rs.116.90 where it currently trades.

Avantel at 20% UC

about 5 years ago

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

Paytm saga continues

about 5 years ago

The stock hit a new low today at Rs.536.20, a huge fall from its IPO price of Rs.2150. The stock had hit a new low yesterday too.

Zee Learn gets "NO"

about 5 years ago

The stock opened 7% lower at Rs.12.80 and went down to Rs.11.20, just a tad away from its 20% LC of the day at Rs.11.17. Its 52-week low is at Rs.9.90

SCI in stormy waters

about 4 years ago

The stock is currently the top loser on the BSE; going down 7% to an intraday low at Rs.105.40 yet pretty far from its 20% LC of the day at Rs.90.40. Its 52-week low is at Rs.86.

Shree Cement cracks up

about 3 years ago

The stock price tanked over 10% to hit an intraday low at Rs.22601.30. It currently remains in the red, down some 7% at Rs.23k levels.

Polycab all tangled up

about 3 years ago

The stock is the top loser on the BSE since the opening bell today morning. Opening 190% lower at Rs.4421.85, the stock slipped down to Rs.3812.35, down over 22%. It remains in the red but is trading at Rs.3975 levels.

Prabhat Dairy churns

about 6 years ago

The stock is actually in the green, as though in defiance and this news having no impact. It had closed yesterday at Rs.48.65 and today, it opened at Rs.57.05 and briefly skimmed the 20% UC of Rs.58.35

JM Financial down 19%

about 3 years ago

Following this, the stock price opened 19% lower today morning at Rs.77.10, very close to its 20% LC of the day at Rs.76.43. Volumes are up 13.5x. It is currently among the top three losers on the BSE.

Edelweiss down over 17%

about 2 years ago

The stock is currently the top loser on the BSE; from its close of Rs.77.45, it opened 17.5% lower at Rs.64, which is its intraday low; it has recovered from there a bit and is now trading at Rs.67 levels.

Orient Tech lists at 41% premium

about 2 years ago

A fantastic new listing today and very much on the expected lines, given the response it had to the IPO. Despite the lacklustre market, the company got listed on the BSE at Rs.290 v/s IPO price of Rs.206

Dixon Tech at new high

about 2 years ago

Opening 2% higher at Rs.16099.80, the stock price rose 6% to hit a new 52-week high at Rs.16761.20 and currently trades around Rs.16563 levels.

Hexaware Tech lists well

about 2 years ago

The stock listed on the BSE at Rs.731 v/s IPO price of Rs.708 and even rose to an intraday high of Rs.780; currently trading at Rs.755 levels, which is a premium nevertheless.

Protean on a buzz

about 1 year ago

From its close of Rs.818.20, opened much higher today at Rs.870.05 and rose to an intraday high at Rs.918.50,

KRBL gets sticky

about 1 year ago

The stock, which had closed at Rs.444.10, opened lower today at Rs.401.35 and went down further to an intraday low at Rs.387.05.

IValue Info lists at discount

about 1 year ago

The stock got listed at a discount – as against the IPO price of Rs.299, it got listed on the BSE at Rs.285 and rose to Rs.289 levels; currently trading at Rs.285 levels.

MIC Electronics locked at 10%UC

about 9 months ago

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

Honasa hits a new high

about 6 months ago

The shares hit a new 52-week high today after the company issued a provisional operating update for the quarter ended March 31, 2026, flagging a strong finish to Q4FY26. The stock was trading around Rs. 323.80, up 3.52% from the previous close of Rs. 312.80

Jyoti CNC is top loser

about 6 months ago

The stock opened weaker at Rs. 749.70 versus the previous close of Rs. 819.20, and slipped to an intraday low near Rs. 692 to 696 before recovering slightly; it was still down 13 to 14% at around Rs. 709.

IT stocks remaim in red

about 1 month ago

IT stocks remain under pressure, with the BSE Focused IT index falling 3% to 35,273.05. Coforge was among the sharpest losers, down 4.43% to Rs. 1,862.75, while Infosys fell 4.42% to Rs. 1,035.10 and TCS slipped 2.59% to Rs. 2,201.50. The weakness was broad-based across the pack

Adani Ports rises over 7%

about 6 years ago

The stock rose over 7% to hit an intraday high at Rs.401.85, not too far from its 52-week high of Rs.405. It has come off the high point

Balmer Lawrie drops 5%

about 6 years ago

The stock is today figuring out prominently among the top five losers on the BSE with the stock price going down 5% to Rs.112

Infosys victim of rumours

about 9 years ago

Infosys is amongst the top losers on the BSE today. The stock tanked 3.5% to Rs.923.05, which is Rs.23 away from its 52-week low of Rs.900.30.

DLF comes crumbling down

about 7 years ago

DLF had closed yesterday at Rs.171.60 but today, it opened itself lower at Rs.168.60 and soon slipped to a new 52-week low at Rs.137.75, plunging down 20%.

MAGMA – WHO KNEW, WHO TRADED….

about 6 years ago

Insider trading; it is something which we know happens all the time and we also know, it is something which is very difficult to nab. Finding a company or its employees guilty of insider trading is very rare though there maybe enough evidence in terms of price movements.

TCS gets a good 'rating'

about 9 years ago

The stock price has reacted positively to this news. The stock which had closed yesterday at Rs.2594.10, opened today at Rs.2600, going on to an intra day high point at Rs.2620. Its 52-week high is at Rs.2

Atlanta slumps 20% to new low

about 9 years ago

Looks like this a new fad which is taking over Dalal Street. One more auditor has resigned – that of Atlanta Ltd.

Varroc Engineering makes smashing debut

about 8 years ago

As against the IPO price of Rs.967, Varroc Engineering got listed at Rs.1032 on the BSE, a premium of almost 7%. On the NSE, it got listed much lower at Rs.1015, the level at which it on the BSE currently.

Trigyn Technologies rises 7%

about 8 years ago

Trigyn Technologies rose almost 7% today to Rs.127.45 and volumes have surged over 4.5 times.

SAIL in the limelight

about 8 years ago

SAIL is attracting attention today and the stock price went up over 3% to Rs.77.95. Its UC is at 10% at Rs.82.95 and 52-week high is at Rs.101.40.

Saksoft hits a new high

about 8 years ago

The stock price today surged 14% to Rs.342.80; it has come off the high but remains firmly in te green, up some 8%.

Titan Company hits a record high

about 8 years ago

Titan Company hit a new record high today at Rs.1049, surging almost 6% on the back of its good performance for Q3FY19

Manappuram Finance slumps

about 7 years ago

Three days ago, Manappuram Finance had hit an all-time high of Rs.141 but today, it breached the 10% LC at Rs.123.90;

Glenmark hits new low

about 7 years ago

Glenmark is the top loser on the BSE since the opening bell. The stock hit a new today at Rs.466.65, going down almost 7%.

Trent hits a record high

about 7 years ago

Yesterday, Trent hit a record high at Rs.430.60 and today too it rose to a new high at Rs.448.60, with an over 2 times surge in volume.

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.

Aurobindo gets dose from SEBI

about 7 years ago

Aurobindo Pharma opened weaker at Rs.601 v/s yesterday’s close of Rs.613.80, going down further to an intra day low at Rs.589.50.

HDFC Bank stays firm

about 6 years ago

From its close of Rs.1033.55 yesterday, the stock did open in the red at Rs.1028 but soon jumped back into the green

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.

Nestle gets 'slurped' up!

about 7 years ago

The stock price has reacted positively to the clarification issued by Nestle. As against yesterday’s close of Rs.14,068.15, it opened today at Rs.14,114.10, rising to an intraday high at Rs.14,220.15.

Cable TV providers in red

about 7 years ago

Media channels, those which provide cable TV services are down in the red. Sun TV was the biggest loser, falling almost 6.5% to Rs.411, Den Networks is down 4% at Rs.44.50

Edelweiss bounces back

about 7 years ago

The stock price recouped today. From Fridays close of Rs.106, it opened lower at Rs.100.80 and went on to hit an intraday high at Rs.114.50.

Asian Paints looks red

about 7 years ago

Today morning, the market reacted negatively to this news. The stock price, which had hit a new 52-week high yesterday at Rs.1841.75, opened lower

RBL Bank recoups again

about 7 years ago

The stock yesterday hit a new low at Rs.156.35 though it closed higher at Rs.162.90. Today, even before the issuance of this statement, RBL opened 2% higher

Aurobindo Pharma gets 'suited'

about 7 years ago

The stock opened 4% lower at Rs.427.60 and went down to its intraday low at Rs.425.15 but from there it also shot up briefly

Graphite and HEG hit 5% UC

about 7 years ago

The market is thrilled with the news which explains why the stock hit the 5% UC at Rs.197, the moment it opened for trading.

Jubilant Life on the rise

about 7 years ago

The stock, which had closed yesterday at Rs.335.25, opened at Rs.340 and went on to touch the 5% UC at Rs.352

Ujjivan Fin in good steed

about 6 years ago

The stock briefly skimmed the UC of Rs.172 and since then it has only risen further to 175.50, with the 15% UC now standing at Rs.179.85

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

Cinema stocks in limelight

about 6 years ago

Cinema stocks, PVR and Inox Leisure are right there among the top five gainers on the BSE since the opening bell, seeing huge jump in volumes.

ARCHEGOS –FAMILY OFFICES SPLIT WIDE OPEN

about 6 years ago

Almost every person we spoke to today first wanted to know what this “Archegos Capital” debacle was all about. And when we started explaining, the quick retort was, “Is this another Lehman crisis? Will it affect India?” That’s all – that’s the bottomline; if it impacts India then tell us the details or else, well, its ok not to know everything!

RBI GETS FULL MARKS!

about 6 years ago

RBI did the right thing today, not falling prey to market pressures. And once again, the RBI Governor has proved that there is a lot more that the central bank can do to ensure financial stability without depending merely on rate cuts. This was a very mature and deeply thought-out policy and we will see the benefits panning out from the second half of FY21.

THE ‘BILLIONS’ DOLLAR REJIG

about 6 years ago

The Morgan Stanley Capital International Index or MSCI Index was the BIG reason for cheer in the markets yesterday, despite the dismal global markets. Any rejig of the MSCI Index always has the potential to swing the market moods completely.

AIRLINES IN INDIA - GETTING CROWDED UP IN THE SKY

about 12 years ago

A few days ago, there was major concern - was Spicejet going the Kingfisher way? The stock price plunged over 15% over a single session. And all this started with the company defaulting on tax deposit. With memories of Kingfisher still very fresh, panic buttons were pressed when the company,

TULSIANOMICS - THE ART OF MAKING MONEY IN THE MARKET

about 13 years ago

The pursuit of making money is full of perils, especially for a trader. To make life simplier and maybe much richer, our Editor, Mr.SP Tuslian presents a few trading strategies. Follow them to the 'T' and you will not make losses!

TOO MUCH IRON IN THE FIRE AS CHINESE DRAGON COOLS DOWN

about 13 years ago

Is China slowing down or more importantly, can the world afford to have a slowing Chinese economy when it is on the verge of recovery? Analysts in China are of the opinion, not surprisingly, that this slowdown is just a 'seasonal' factor. Europe is China's biggest market and when that entire region is sluggish, naturally, China is taking some hit. More importantly, a lot of systemic changes are being initiated in the Chinese economy,

WILL IMD SAY "NO" TO EL NINO?

about 13 years ago

And today, private forecaster, Skymet announced that India is likely to receive below-normal rainfall between June and September, the main monsoon months, as the El NiÃ±o evolves with the warming of the Central and East Pacific Ocean. It forecast monsoon rainfall this year at 94% of the long period average

FOMC MEET - THANKFULLY NO SHOCKERS; ANOTHER $10B SHAVED OFF

about 13 years ago

The Fed had very much indicated in March itself that GDP would be down but then had called it a temporary decline mainly caused by winter storms. But overall the statement, as expected is pretty upbeat. The central bank now thinks the economy is strong enough to do without the stimulus and the Fed aims to end the bond-buying program

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.

AS LINES BETWEEN NEWSROOM AND BOARDROOM GETS BLURRED....

about 13 years ago

Raghav Bahl wanted to expand and grow really fast and he did too but added up a lot of debt on his books. Stepped in the big daddy of India Inc, Mukesh Ambani, who lent a helping hand but today, Bahl has lost control over the over companies which he nurtured to the kind Samaritan.

PRIVATE SECTOR CEO TO HELP TRANSFORM PSUs?

about 13 years ago

Ratan Tata heading NHPC? Or maybe Anil Agarwal heading Coal India? Sounds implausible, doesn't it? Well, if the Govt has its way, it has mooted an idea - why not appoint private sector honchos to head PSUs, maybe starting with Coal India and NHPC? Coal India is currently 'headless'. The CEO of the company, Narsing Rao resigned from the post in May'14, as he is seeking to play a decisive role in the newly formed stated of Telangana.

UNION BUDGET FY15 - NO BIG BANG, GOVT SHOWS INTENT

about 12 years ago

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

UNION BUDGET FY15 - GAINERS & LOSERS

about 12 years ago

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

INFLATION SUPRISES - BUT IT COULD BE JUST THAT, A SURPRISE

about 12 years ago

That more or less highlights what one can expect from the Governor on 30th July. Surely yesterday's fall in CPI and WPI, might be a small moment to celebrate but that's about it - just a moment not a period of low prices. Rajan could not have been more clear - expect no rate cuts just because a few months show lower inflation

VOICES OF DOOM AND GLOOM RISE - WHAT DO WE DO?

about 12 years ago

Yesterday, we woke up to various newspapers and websites quoting Rajan's interview in Central Banking Journal. Rajan had warned previously also, stating that the emerging markets were indeed vulnerable to the big shifts in the capital flows from the rich nations. In this recent interview, he once again reiterated the same viewpoint, only more vociferously, saying that "global markets are at risk of a crash should investors start bailing out of risky assets

ANNUAL REPORT OF RBI FOR FY14 - IGNORE IT AT YOUR OWN PERIL

about 12 years ago

One can ignore the RBI Annual Report for 2013-14, saying that it's a lot of mumbo-jumbo, too much macro economic data, that too of a year gone by. But therein lay the ignorance. There are so many cues which one can collate from this Report for the current year. Like reading the Chairman's Message

CERC - DOES A "BATTI GUL" FOR POWER COMPANIES

about 13 years ago

Well, looks like markets did have a good read and are not happy with what it read. Power stocks continue to remain the big losers of the day, lead by NTPC, which will be impacted the most (Read 'What's Buzzing' column for NTPC specific details). What also comes forth is that power tariffs are set to come down - good news for us, naturally, not good for the power companies. It also aims to increase the onus of improving efficiency

QUARTERLY RESULTS - NEED TO BECOME MORE TRANSPARENT

about 12 years ago

For those who want just a glimpse at the performance, with no woods to burn, the published results or a quick read through the attached Press Release is enough. But if you have investments and need a much better insight, in most of the cases the Press Release and many a times, even the published results

SEBI GETS ITS MOJO BACK - GOES ALL OUT ON INSIDER TRADING

about 12 years ago

Finally, SEBI's teeth will be put to use! The much needed bite - tighter insider trading norms have come into place. What's has come in place, compared to the ramshackle 'norms' we had is good, aligned to international standards. Before we get into the merits and demerits of the new norms a quick look

WINTER SESSION - TIME TO WALK THE TALK

about 12 years ago

In the previous Budget Session, which was between 7th July to 14th August, a few important Bills were passed - The Finance Bill, Creation of National Judicial Appointments Commission for appointment of judges to the Supreme Court and High Courts, altered the boundaries of the states of Telangana

RS.7000 CRORE FRAUD GETS RS.10.50 LAKH FINE - IS THIS RIGHT?

about 12 years ago

A measly Rs.10.5 lakh fine and six months of imprisonment by SFIO on 'Satyam' Raju for committing the biggest accounting fraud of India, to the tune of Rs.7000 crore?!!!! This is what probably emboldens more conmen like Ramalinga Raju to carry out any crime with complete impunity because they know, the law might have long hands but they do not have the vice grip to choke out life.

FED RESERVE MEET - AVOIDS SPOOKING THE MARKETS, MAINTAINS STATUS QUO

about 12 years ago

"Considerable time" That was the mantra of the previous Federal Reserve meet headed by Janet Yellen and tonight it remained the same, adding one more word, "patient". Obviously, given the turbulent times, Yellen did not want to spook the markets and stuck to her previous tone. A quick look at the highlights of the Fed statement shows that these near zero interest rates,

NON-COOPERATIVE AND WILLFUL -CATCH ME IF YOU CAN!

about 12 years ago

This week, RBI added one more definition to the growing classification of a defaulter - Non-cooperative borrower. Earlier it was willful defaulter. RBI is obviously trying to cover all the loopholes, first in the definition. So who is this Non-Cooperative Borrower? As per RBI

HAPPY, PEACEFUL AND PROSPEROUS 2015!

about 12 years ago

We wish all our readers a very happy, prosperous and peaceful 2015. Our fervent hope that markets make history in this new year while the Indian economy bouncs back with great vigor. It will be a year of reckoning for the new Govt and hope all the promises are delivered.

PROJECT AND COST OVERRUNS - A WHIRLPOOL SUCKING INDIA IN

about 12 years ago

The joke on the street - if a project, maybe a road or a railway track is mooted to be built in two years, be assured it will surely get ready for your to-be-born child to use! This is just like the letter from Indian Post coming with the news of the new-born after the infant has celebrated its first birthday.

CHINA SLOW'S DOWN - DO WE NEED TO WORRY?

about 12 years ago

China posted the slowest quarterly growth for first quarter ended 31st March 2015 - it was the second lowest after 2001 at 7%, down from 7.3% in Q4. China's National Bureau of Statistics reported an all-round fall in - industrial production, fixed asset investment, retail sales, housing sale and exports were as such staggering down.

SEBI'S NEW NORMS ON INSIDER TRADING - GETS MORE TEETH FROM 15TH MAY

about 12 years ago

"Buy ABC stock immediately, as much as you can afford as the company is going to announce a 1:1 bonus in a week's time" When your friend tells you this, will you ignore the 'tip' or go ahead and buy? You may buy just 200 shares and feel like a King. But would your mind give a small nudge even once, telling you that you could be indulging in insider trading? No such nudge is likely to come as we do not consider this as insider trading at all! Yes,

INCENTIVISING E-TRANSACTIONS - BABY STEP IN RIGHT DIRECTION

about 11 years ago

The next time you swipe your debit/credit card at the petrol pump or while booking your railway ticket; be assured, you might be eligible to get a tax rebate. The move, obviously a baby step towards encouraging digitization and cutting down on black money, is a good one. The Govt has put in a proposal wherein, if any method of online method is used

LIC - YOU TOO BRUTUS????

about 11 years ago

Just as we have this unshakeable staunch perception that anything to do with the Govt, any work that needs to be done, corruption is a part and parcel of the cost; or else your work will never get done. At the same time, even in this festering cesspool of rot and corruption, two public institutions stand tall, like two lotuses in a pond of muck - RBI and LIC. These two, somehow, maybe it's been through their work that they have managed to build a sense of trust and faith. LIC is a curious case as it is just like any other mammoth Govt organization

THE LOKPAL BILL - NO JOKES, FIRST STEP IN RIGHT DIRECTION!

about 13 years ago

Lokpal is the literal sense, a Hindi word, means 'protector of the people' and this Bill aims to be true to its words. Born out of rampant corruption, this Bill aims to curb corruption by punishing bribe taking officials and basically, bring down (rooting out such a deep rooted poisonous ivy seems

PARLIAMENT SESSION BEGINS - NO MAJOR HOPES

about 13 years ago

There is no hope in the heart of most of the bills getting through. The UPA should try its best to push but when all efforts will be on the Food Bill, there really is no will and time for the rest. Post this session, there will be just one more session before Elections and that last session, like the present one, will be all about politics. We have already seen the first day being a washout.

THE DANGEROUS PURSUIT OF PENNY STOCKS

about 11 years ago

Sometimes, it is difficult to understand the psyche of the investor. In a bull market, when the markets are booming and almost all stocks have run much ahead of valuation, hunting for penny stocks comes naturally, or should we say, is any hunters instinct. But in a bear market, when blue chips are better priced and hold promise of bigger gains when times improve, why then this pursuit for penny stocks?

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

MARKETS FALL OFF - LACK OF NEW TRIGGERS?

about 10 years ago

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

THE BUSINESS OF EDUCATION

about 10 years ago

Yes, education has today become a big business. Every big industrialist worth his name, runs a school. One can argue that he/she has put up the school for the bigger good of the society; their way of returning back. Really? If that were true then why aren't these top notch "industrialist" schools affordable to the likes

BANKRUPTCY CODE IS GETTING READY ...ON YOUR MARKS, GET SET...

about 10 years ago

As we get ready to see a new avatar of the RBI emerge, with a MPC now deciding the course of action, removing the onus from the lone shoulders of the governor, there is one more committee and equally important one, getting ready. The Insolvency and Bankruptcy Board of India. It had first appointed M.S.Sahoo as the Chairman and yesterday, appointed four members to the Board

WHAT THE RESULTS DON'T TELL US?

about 10 years ago

It is that time of the quarter - results time! We will soon get submerged with numbers and this time around, we have to see Q2 as well as H1 numbers - together they give a pretty good estimation of what to expect in the second half. Yes, estimations can be made, provided the company gives all the

'AAA+' RATING FOR SEBI's GUIDELINES FOR RATING AGENCIES!

about 10 years ago

Finally! The rating agencies, who are like God on the Street, holding the power to crash or lift a stock price up, merely by announcing a downgrade or upgrade. And this happens all of a sudden - one fine day, a report will appear that the rating agency has decided to downgrade

Q2FY17 GDP - NO RELEVANCE IN CURRENT POST DEMONETIZATION ERA

about 10 years ago

Frankly, everything is today BD and AD - Before Demonetization and After demonetization. At least in the immediate future, the AD era will be much different from BD. Thus today's GDP for June to September has no connection whatsoever with the GDP that will come in Q3 and Q4 - the GDP of BD

WHY CRUDE WILL REMAIN CAPPED AT $60/BARREL?

about 10 years ago

Nah! Now that is something which is not going to happen. We are no oil experts but are saying this based on pure logical thinking. The hard truth is that oil price will remain capped at maximum $60/barrel, production cut or not. The hard truth today is that oil today has a great competitor in the form of shale gas. After oil prices started falling, shale gas production came to a fall, with many halting production completely

IS ALL THE NEWS WHICH WE GET TODAY "PAID" & "PLANTED?"

about 10 years ago

The first rule of quality journalism - never mix editorial with advertorial. But what happens to the integrity of the news when huge corporate start owning a slew of media companies? Can integrity be preserved or will 'some news' about the company or its group be logically skipped or com

RBI - ITS VERY INTEGRITY AND ABILITY UNDER QUESTION

about 10 years ago

Yesterday, Urjit Patel had the perfect place and time to come clean, save his and the reputation of RBI. But he failed, oh so miserably! In fact after reading his answers or rather the answers which he did not give to the Parliamentary Panel, we cannot help but wonder as to how will RBI look after a few years from now if the same trend continues?

'MINORITY' CAN SHOW THE 'MAJORITY' WHO IS IN CHARGE!

about 15 years ago

The Children's Investment Fund (TCI) holds 1.1% stake in PSU, Coal India Ltd (CIL). The Govt is the largest shareholder with a 90% stake. Yet, TCI, the second largest shareholder of CIL, a UK based hedge fund has threatened to sue CIL for bowing down to the sarkar, the Govt, when it comes to pricing.

MOODY'S SPOILS THE MOOD FURTHER..

about 15 years ago

ndia currently looks like a child who has been given detention, asked to stand at the corner of the room, facing the wall. The rating agencies are not happy and forget setting shop for outsourcing from India; Apple does not even want to set up retail shops in India...

PENNY STOCKS - GIVE NO THOUGHT!

about 15 years ago

The list in endless and the queue of traders wanting to pick the next 'Infosys in the making' or the next 'Sterlite in the making' is growing. And that is worrisome. Mid cap stocks are still a better risk than small caps. And remember - rarely do penny stocks ever become even

NEED A HOME LOAN? GET YOUR CREDIT SCORE RIGHT!

about 14 years ago

Young and love a good life? Do you swipe your string of credit cards, buying everything and doing all which the mind fancies? That might be good for your happiness quotient but when you decide to buy your dream home and seek a home loan, this bad credit history could jeopardize your chances of getting a home loan.

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

BUFFETT INVESTMENT SIGNALS US HOUSING RECOVERY?

about 14 years ago

Those in the market and some of them, who are not so active in the market, unanimously dote on every word and every action of one person - Warren Buffett. Whatever he does, his quotes on life, the way he leads his life, the stocks he buys and sells, his profits, his annual meeting at Berkshire,

VERITAS - LET THE TRUTH PREVAIL

about 14 years ago

The story of Veritas shows how, if true number crunching is done and there are guts to spill the truth, equity analysts alone, like the rating agencies can make India Inc toe the line when it comes to corporate governance. But sadly, most equity agencies have their own fish to fry

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

WHEN EDITORIALS MERGE WITH ADVERTORIALS

about 14 years ago

The recent 'reverse sting' by Naveen Jindal on Zee News is a huge story, once again exposing the dangerous nexus between the media houses and corporates. 'Pay and get the news coverage of your choice' is the mantra and it is not as though this is a new revelation

SANDY AND SUBBARAO - BOTH DO A LANDFALL AND CAUSE MAYHEM

about 14 years ago

Chances of an interest rate cut in 2012 looks miniscule. We might as well write off that expectation for now and concentrate on the other measures which RBI is taking to ensure that growth does not come to a grinding halt while keeping its hawkish stance on inflation very much intact.

COMPANIES VANISH RIGHT UNDER THE NOSE OF SEBI AND MCA

about 14 years ago

The young and suave new Minister for Corporate Affairs (MCA), Mr.Sachin Pilot stated yesterday that of the 238 'vanishing' firms, 151 companies had been traced, which included 32 companies under liquidation He has stated that 87 companies still remained untraceable.

TULSIANOMICS - THE ART OF MAKING MONEY IN THE MARKET

about 14 years ago

The pursuit of making money is full of perils, especially for a trader. To make life simplier and maybe much richer, our Editor, Mr.SP Tuslian presents a few trading strategies. Follow them to the 'T' and you will not make losses!

KFA - ETIHAD DEAL - LOT OF WHEELING, DEALING BEHIND THE SCENES?

about 14 years ago

Was there any truth to the earlier decision to take over Jet Airways, or was that merely a rumour? And if it had already negotiated with Jet, then why this volte-face and buying 48% in a company which is dead and saddled with debt? Logically, it should have bought into a company which is doing relatively better and has a good spread across the country. Jet fits that bill. But in case of KFA, today hardly any plane is taking off. So why buy into a company which is seemingly down and out?

IMD - WHY IT IS NEVER ABLE TO PREDICT A DROUGHT?

about 14 years ago

The first monsoon forecast of IMD usually comes in by end of April and as usual, probably more out of habit than out of science, the IMD has predicted a normal monsoon for this year. It has said that rainfall would be 98% of the long-period average. The private sector weather man

LEGALISE BETTING? YOU BET!

about 14 years ago

Betting. Dictionary says that this means a wager in gambling. In even simpler terms this means we put money on something based on its future performance. Sound very familiar, right?

THE DANGEROUS PURSUIT OF PENNY STOCKS

about 14 years ago

We have many investors/traders posting us queries on the website, asking for some penny stock ideas. The only question which comes to mind is "why?" This search for the elusive pot of gold at the end of the brilliant rainbow is what puts traders at risk. And this is a dangerous time to be on the hunt for penny stocks

WHAT ARE THE CHANCES OF INDIA POST BECOMING A BANK?

about 13 years ago

Making use of the postal services for banking is the most logical thing to do. Take the case of Japan. It is extremely successful, not delivering mails but mainly as banks. Most post offices in Japan offer a savings account and it does cover most banking needs including ATMs at a wide range of places including remote villages and mountain towns

DIGITAL INDIA - TO MAKE BHARAT INTO INDIA

about 11 years ago

First 'Make in India' and now 'Digital India'. Modi known for his oratory skills, surely has come up with some great slogans. While skepticism over Make in India remains, this new ambition of Digital India, as expected is grandiose. The aim, apart from connecting the entire country digitally, is to garner more investment in the IT sector, set up more companies and create employment opportunities.

THE BIG BUCK BUSINESS OF EDUCATION

about 11 years ago

Yes, education has today become a big business. Every big industrialist worth his name, runs a school. One can argue that he/she has put up the school for the bigger good of the society; their way of returning back. Really? If that were true then why aren't these top notch "industrialist" schools affordable to the likes of me and you? Can an average Indian afford to send his child to Dhirubhai Ambani School or for that matter most such schools?

NO QUICK ROUTE TO ‘HAPPIEST’ LIFE

about 6 years ago

The Rs.702-crore Happiest Minds Technologies IPO opened today and it is already fully subscribed, 1.6 times till now and we are only at half a day yet. More than the issue getting this kind of response, what is really newsworthy is that the issue has seen a huge retail participation.

RBI STRESS TEST – SLOWLY BUT SURELY GETTING OUT OF THE WOODS

about 7 years ago

Today morning, the gainers list on the BSE was dominated by banking stocks, mainly the PSU banking stocks. The BSE PSU index is up, lit a bright green because it is banking stocks which have pushed this entire index into the positive, with Corp Bank, Union Bank, Central Bank, United Bank, IOB, Bank of India and et al leading.

JIO UNIVERSITY – YET TO RUN BUT ALREADY A WINNER!

about 8 years ago

What really irks is that time and again, money can buy any tag in India. The institutes which have made it to the IoEs have reached there through sheer perseverance and creativity; IIMs were not thought to be good enough to make to this list; yet Jio did. If this is not crony capitalism, what is?

“PAGING” FOR THE MSCI INDEX

about 8 years ago

On the MSCI India Domestic Index, which was effective 31st May’18, 4 stocks were added – Avenue Supermarkets, Biocon, HDFC Standard Life and Indigo. The deletions are three – IDFC Bank, Power Finance Corp and Vakrangee. This was a semi-annual exercise, done every year in May and November.

CASH WILL BE THE KING!

about 8 years ago

It’s a big joke – the Election Commission of India (ECI) has proposed to the Law Ministry that it wants to set a limit on election expenditure by political parties towards Parliamentary or Assembly elections.

WHAT’S UP DUDE?

about 8 years ago

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

ARE RATING AGENCIES ‘JUNK’ TOO?

about 8 years ago

Within 45 days, rating agencies downgraded IL&FS from an investment grade to junk! And it ignored loud and blaring warning signals like the highly leveraged balance sheet which was in front of it for over a year, its inability to raise capital, struggling finances. How come all these signs were completely missed by the rating agencies and what it looked only at was the delay in interest payment?

A SPIRITUAL JOURNEY OF GARGANTUAN SIZE!

about 8 years ago

For the believers, this is a not-to-be-missed event and for the non-believers too, this event should not be missed, as the energy of the place, the milieu of people from all walks of life, the elusive Naga sadhus, the various sadhus on a “high”

ZEE CRASH – MORE THAN WHAT MEETS THE EYE?

about 8 years ago

The big newsmaker on Friday was the Zee group. Zee Entertainment Ltd (ZEEL), Dish TV and Essel Propack were beaten down to pulp, wiping off around Rs.14,000 crore of investor wealth.

AS EXPECTED, Q3 INDICATES A SLOWDOWN

about 8 years ago

Majority of economists had estimated the third quarter GDP to come in at around 6.7 to 6.8% v/s the 7% reported in Q2 and 7.2% (YoY). It was thus a given that growth was expected to show a slowdown in Q3.

WHEN A CEO IS ADDICTED?

about 8 years ago

But our newspapers were rife with stories of how those in power, especially in the top management have constantly flouted rules to fulfill their wants, throwing all ethics and morality to the wind. Labor be damned and company be damned – that’s the attitude!

WHEN THE POLICE DON'T POLICE....

about 8 years ago

These two news does make one wonder about the role of auditors today; we are talking about highly reputed, the BIG 4 or BIG 6 auditors, enjoying international repute. How can they err like this? Really, the question we are asking now is – how will we police the policemen?

US FED – RATES UNCHANGED, SIGNALLING CUT AHEAD

about 7 years ago

No one expected Powell to bend down to the pressure tonight and as widely expected, he held the rates steady while signaling that the rate cut might come in sooner than later. In the March FOMC meet, the Fed had made it very clear that there would be no change in the rates this year but maybe a 25 bps hike in 2020.

WILFUL DEFAULTERS – MAKE IT A CRIMINAL OFFENCE

about 7 years ago

Yesterday in the Lok Sabha, responding to a set of questions, Finance Minister Sitharaman, she said that the number of wilful defaulters has risen 60% the five years up to FY19. The total number of wilful defaulters stood at 8,582 at the end of FY19 v/s 5,349 at the end of FY15.

THE TRAGEDY OF BEING AN ENTREPRENEUR….

about 7 years ago

The alleged suicide of CCD founder, V.G.Siddhartha has shocked one and all because, at one time or the other, we all have been to one of his coffee shops. There is undeniably a sense of pride that CCD is a pioneer when it comes to India’s very own coffee chain. Thus his disappearance has hit home hard.

EARNING SEASON BEGINS - DON YOUR SHERLOCK CAP!

about 9 years ago

It is that time of the quarter – results time! We will soon get submerged with numbers and this time around, we have to see Q4 as well as FY18 numbers – together they give solid information. Yes, estimations for the future can be made, provided the company gives all the relevant information.

THE INDELIBLE LINK BETWEEN OIL AND GOLD

about 7 years ago

Right now, equities are down, oil is slumping every day, realty is down. The only price moving up is that of gold. And this is normal – when everything else is down, it indicates increased uncertainty and that means gold becomes the safe haven. So the very same yellow metal which was shunned by everyone and analysts were talking big about price hitting new lows, is now suddenly back in the limelight.