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KISSA KURSI KA - HOW HIGH WILL MODI WAVE GO?

about 13 years ago

From a complete swing to the NDA, the media is now covertly projecting that 'Priyanaka' could have caused the Modi wave to dissipate a bit. But then again, these are 'media' reports and one does not really know how true or free of vested interes. Our personal reading of the situation is that NDA is likely to get 250+ seats. Look at the table given below to get more perspective on the same.

MODI SARKAR - SIGNAL TURNS AMBER, TURN IT BACK TO GREEN

about 12 years ago

There is a sense of disquiet on the bourses. No one has yet pressed the panic buttons but there has indeed come in a niggling sense of doubt - will the Modi Govt go ahead with economic wherewithal while not allowing political intervention to supersede all decisions? First the railway fare hikes. The Govt showed gumption by hiking the passenger fares and freight rates.

MODI WIN – ALL DOORS ARE NOW OPEN, OPPORTUNITIES GALORE!

about 10 years ago

This is really HUGE as it shows that demonetization or not, Modi magic remained intact and people in UP booted out BSP and SP for a complete change. This win also gives Modi an almost complete mandate in India; he rules! What it also does is, it puts the onus now completely on the BJP to work on economic reforms and do all that it had all along promised to do.

“QUOTABLE QUOTES” – THAT IS A GUARANTEE OF MODI SPEECH!

about 9 years ago

Prime Minsiter Modi is a dazzling orator; that is one thing which every single person, be it a supporter or opposer, will unanimously agree upon. His talk is inspirational and he holds the ability to build upon a vision. It’s a different question (and a topic) whether or not those visions translate into reality or whether the talks remain merely that, talks. But we all hand it to him when it comes to presenting India on an international platform.

RUBBER CONTRACTS, TYRE MARGINS EXPAND

about 9 years ago

Rubber farmers in Thailand, one of the world's biggest exporters of natural rubber, threatened on Friday (Nov 10) to protest in the capital Bangkok if the military government does not help to prop up falling prices of the commodity. Their cost of production is higher than the selling price of rubber. Thailand rubber prices have plummeted to about 48 baht, a fourth of the levels seen five years ago. In India, on 15th November, rubber prices hit a new 52-week low.

RBI GOVERNOR IN MODI ERA - TO BE OR NOT TO BE....

about 13 years ago

There is growing speculation in the market about a face-off between the two - Modi v/s Rajan. This 'tension' rises from an earlier head-on collision between the two. Rajan had published a report in September 2013 - The Raghuram Rajan Committee report for Evolving a Composite Development Index of States. This report ranked overall performance of all 28 states in the country. And as per the findings of this report, Gujarat

Tinna Rubber at 10% UC

about 4 years ago

The stock was buzzing loud today morning, opening over 2% higher at Rs.362.90 and soon going on to hit the 10% UC of the day at Rs.390.05.

AN OPEN LETTER TO OUR NEW PRIME MINISTER, MR.NARENDRA MODI

about 13 years ago

Mr.Prime Minister, we citizens of India, for a long time, have been deprived of a good government; we do not know what true leadership means and having had no governance for the past few years, for you to come into this vacuum' even the smallest thing you do will seem like a mannah

AN OPEN LETTER TO PM MODI

about 11 years ago

Last year, when all were looking at your one-year report card, we felt it was too short a time to really judge. Now you have completed two years. One cursory glance at the report card and we fear that if the same trend continues, next year's report card will be marked red. First and foremost, let me feel thankful that this year, at least the last couple of months

An open letter to Modi

about 7 years ago

As the BJP completes 100 days in this second term, needless they have probably been the most tumultuous. There were some hits and some misses though the biggest concern which could soon become a political challenge is the state of the economy...a heart felt letter to our PM.

URJIT PATEL IS NEW GOVERNOR - NO URJA IN THE MARKET

about 10 years ago

So the market and all of us thought that the Modi Govt, after the non-extension of Raghuram Rajan's RBI Governor tenure would get in a "Yes" man, who will just be a figurehead, a rubber stamp, or should we say, a signatory on the Indian rupee notes. What we have instead is a very independently thinking man, a person who closely worked with Rajan and is well respected and recognized in the financial world.

AUTOCRAT CLUB – MEMBERSHIP IS GROWING…..

about 9 years ago

There is a new autocrat, very powerful and means business and he joins the very elite club of autocrats whose members are leaders of Russia, Saudi, Turkey’s Erdogan, Viktor Orban of Hungary. Zambia’s Mugabe was shown the door out just recently. Philippines Duterte vociferously refutes his membership in this club. Modi and Japan’s premier, Abe – they belong but in a covert way

Realty stocks beaten down

about 10 years ago

Realty stocks, as expected has been beaten down today after the crackdown exercise of Modi on black money. The sector, which probably is a haven for tax evaders and black money, will naturally be the worst affected due to this ban on 500 and1000 rupee notes. The smaller builders will probably hav ...

MARKETS GETTING ‘MODI’FIED

about 8 years ago

hen there are some specific stocks, which zoom up or down every time, there is positive or negative news on Modi. These are companies whose promoters are stated to be “close” to Modi – Adani group, Torrent and even Mukesh Ambani’s Reliance.

ICICI BANK – TO SEE OR NOT TO SEE IS THE QUESTION

about 9 years ago

On 22nd Oct, 2016, Arvind Gupta penned a letter to the Prime Minister, Narendra Modi and appealed to him, to investigate into the illicit banking and commercial relationship between Videocon Group of Venugopal Dhoot and ICICI Bank’s MD & CEO Chanda Kochhar’s family owned NuPower Renewable Group, steered by her husband Mr. Deepak Kochhar.So why do we have this track record of never ever listening to whistleblowers? One can argue that the Govt will be getting hundreds of such letters every day, so how can they investigate everything? But then, Arvind Gupta is no mischief monger – he has a degree in economics from Banaras Hindu University, is the founder-trustee of Indian Investors Protection Council and holds a PhD in Public Sector Economics.

PC JEWELLERS – YEH KYA HO RAHA HAI?

about 9 years ago

Maybe the market is punishing the company for selling shares in a non-transparent manner for raising money through the ‘gift’ way. That, for the market in the Nirav Modi era, is a big red flag. Yes, the Nirav Modi and Gitanjali scam too has spooked the market and wherever there is even a doubt, punters are fleeing.

INDIAN COMPANIES NEED 'SIRASASANA'!

about 8 years ago

Today, it is international Yoga Day and it is wonderful to see the whole world celebrate this; celebrating yoga like a festival! This is one thing we Indians will be ever be grateful to PM Modi for. We all, in our small way have been trying to inculcate the practice of yoga in our day-to-day life; be it breathing right or standing erect or practicing the surya namaskara’s.

HALLELUJAH! INDIA IS IN ELECTION MODE!

about 8 years ago

We most certainly have entered the election year! Not to mention the election in agrarian states like Chhattisgarh, Rajasthan and Madhya Pradesh. Fearing a major backlash from farmers across India, yesterday the Modi Govt approved the steepest hike since 2012-13 in minimum support prices (MSP) for paddy...

TBZ – TERA PAISA MERA, MERA PAISA BHI MERA

about 8 years ago

Thanks to Nirav Modi and Mehul Choksi, there is complete disenchantment for jewellery stocks. They have become almost like a taboo and no one in their right minds are also recommending them. And in this air of disdain and doubt for the sector and its promoters that Tribhovandas Bhimji Zaveri (TBZ) passed a resolution at its AGM that it will hike pay for its promoters.

RBI’s NOT A POLITICAL BODY – DOES GOVT KNOW THAT?

about 8 years ago

Power struggles between central banks and the ruling Govt are common all across the world. The question is all about how the central bank digs its heels in and does not all the Govt to shove it around. That’s exactly what is happening with the RBI and Modi Govt in India right now. We all have known for a long time that the Govt, not just the current one but the UPA too

ASSEMBLY ELECTIONS RESULTS – HARBINGER OF 2019 RESULTS?

about 8 years ago

The Exit Polls has caused the traders and FIIs alike to literally scoot and exit from the markets. The Assembly election results are to come in tomorrow and the moods are somber. The exit polls prove what we have all been fearing all along – maybe the win for Modi in 2019 Lok Sabha elections will not be a complete sweep

SYMBOLS IN ELECTIONS – GETS MORE BIZZARE AND WEIRD!

about 8 years ago

Yeah, yeah! We have heard this ad nauseum but we say it one more time – the largest democracy in the world will go to vote tomorrow. And this is not a “political” article in that sense; its not about BJP and Congress or about Modi and Rahul.

A COMPLETE SERIES WIN!!!

about 8 years ago

The victory of BJP/NDA was a given but no one in their wildest dreams had expected this kind of complete win. This kind of win for one single party is a loud voice for a complete change; people across the country voted single minded for Modi

FACT in the green

about 12 years ago

Fertilisers & Chemicals Travancore (FACT) was inches away today at Rs.43.20 from surpassing the previous new high of Rs.44.45. The stock remains firmly in the green, up over 6%. This PSU is attracting attention like all other PSUs on hopes of revival with the Modi Govt taking over. There ...

THE SAGA OF NPAs GETS WORSE

about 7 years ago

Neemuch-based activist Chandrashekhar Gaur put in an RTI, wanting to know the cases of fraud in the PSU banks, post Nirav Modi and all the action which the Govt seems to have taken. The answer is not encouraging at all. In the first quarter of the current fiscal, between 1st April till 30th June 2019, as many as 2,480 cases of fraud

MARKETS SAYING, “HOWDY!” TO NEW HIGHS

about 7 years ago

So when Modi lists out statistics saying that India will be defecation free by 2nd Oct, he probably looks only at statistics but not the ground reality. But then when you are on foreign soil and being watched by some billion people on the planet, you do not want to see him wash dirty linen in a stadium.

A BIG SHOW OF EGO

about 7 years ago

The US Presidential visit to India is a big event; that’s what it is – a big event management show. The dancers and depiction of Gandhiji’s life on the route from Ahmedabad to Sabarmati is just that - a big show of power, something which Trump and Modi both have in abundance.

THINK-TANKS PROVOKE SOME THINKING

about 7 years ago

And it is here that we bring into perspective a few words of wisdom from Nobel Laurette Abhijit Banerjee. It is think-tanks like these which the Modi govt should enlist to help chalk out a well thought out and well defined path to get out of the lockdown and design a post-Covid strategy.

PM’s ADDRESS – LEFT MORE QUESTIONS THAN ANSWERS

about 6 years ago

This was probably the shortest address by Modi – all of 15 minutes. And it was about three things – people need to remain cautious as Covid remains, food distribution under the PM Garib Kalyan Anna yojana to be extended till November and One Nation-One Ration card. That’s it!

THE GREAT INDIAN LOOT CONTINUES….

about 9 years ago

So two guys, relatives, Mehul Choksey and Nirav Modi, are already successful jewelers in India and they now want to spread their footprints out of India. But to expand abroad, they needed loads of money. Modi was a regular one on page three; a socialite who had his own clout and cronies in all the right places.

Apollo Tyres hits new high

about 13 years ago

Apollo Tyres is in the limelight today, with the stock price up over 4% at Rs.106, with an intra day high at Rs.113, which is a new 52-week high. Yesterday, US based tyre maker Cooper Tire & Rubber Company stated that it was terminating the merger agreement with Apollo Tyres. The market, ...

TYRE COMPANIES - TREADING ON A GOOD ROAD AHEAD

about 13 years ago

Price of rubber is not going to come down in a hurry. We will witness a buyers market and this means good times for tyre makers. Look at Ceat. The company's cost of raw material for H1FY14 was 67% of total sales and 76% of the total operating cost. JK Tyre's

Apollo Tyres retreads into green

about 13 years ago

Apollo Tyres is amongst top gainers on the BSE, up over 4% at Rs.74.50, with an intra day high at Rs.75.65. The stock is up in the green after the Delaware court ruled in favor of the company. The court on Friday, rejected claims by Cooper Tire & Rubber Co that the company was in breach ...

TIME TO WALK THE TALK

about 6 years ago

People might be divided right across the middle when it comes to some ideologies of BJP and Modi. But what the entire country agrees unanimously is that Modi is one of the best orators India has had in recent times. His speeches have always inspired people and such skills are very rare in today’s time.

CABINET RESHUFFLE – NO OLD WINE IN NEW BOTTLE; COMPLETELY NEW WINE AND BOTTLE!

about 9 years ago

Sunday would have been a very busy day for Modi even as we all had a very relaxed day of nothingness but the usual chores. This Cabinet reshuffle surely cocked a snook at the entire media – no one even in their wildest dreams or even in their production of ‘fake news’ could have even imagined that Modi would make a woman in charge of defence.

MOODY’s CHANGES THE MOODS, COMPLETELY!

about 9 years ago

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

TIME TO WALK THE TALK

about 9 years ago

It’s a good thing that Modi came out yesterday and did what he does best – talk eloquently about the rights and the wrongs. For the first time, he accepted that the economic growth has slowed but tried to assuage fears that it was all blown out of proportion and all was well.

JEWELLERY STOCKS LOSE THEIR DAZZLE

about 10 years ago

The one community of people who were extremely happy with Modi and his demonization drive on the 8th November were the jewelers. They were prepared for some more duty hikes and clamp down measures from Govt but they all got more than a bonus and more with the banning Rs.500 and Rs.1000 notes.

MANN KI BAAT HURTS THE MARKET

about 10 years ago

On Christmas Day, PM addressed the nation on the radio, through his monthly "Mann ki baat" and this has spooked the marketmen completely. The very same traders who praised Modi for his 'bold' demonetization move were today seen criticizing him, questioning his objectives, asking the purpose behind the note ban, with some even wondering if he had gone cuckoo! Only reason for this complete loss of faith - the PM in his speech apparently 'hinted' at Long Term Capital Gains (LTCG) taxes. What he actually said was - tax collection

MODI'S THIRD WIN - A VICTORY FOR DEVELOPMENT

about 14 years ago

Well, you can hate him or love him but one canot ignore today the power which Modi has. He is just Modi and today, much bigger than his party, BJP. This victory of Modi, also once again proves that people do not need freebies and TVs and mixers; what they need is development, economic growth which will push up employment, per capita income and overall growth.

STALLED PROJECTS - WILL CHIDAMBARAM REALLY CLEAR THE WAY?

about 14 years ago

The big news of yesterday, after the big speech of Narendra Modi at FICCI was Chidambaram's rhetoric. He said that the agenda of his meeting with industry honchos and top bankers in Mumbai was to identify projects which were stalled and get these 300-odd projects going.

MARKET WAITS AS DELHI GOES TO POLLS

about 13 years ago

Just as some FIIs have more than vociferously declared that they would like a Modi Govt at the Center, people too are banking on a change. People around India are not worried about who will become the Chief Minister of Delhi or Chhattisgarh but more about who wins - BJP or Congress

AS THE LOTUS BLOOMS, 'AAP" KYA KARENGE?

about 13 years ago

The market is thrilled to bits. The BSE Sensex hit a lifetime high at 21,483.74 in morning trade today and some 30 stocks hit a new 52-week high. The mood is extremely optimistic. But wait, the market celebrating the victory of the Assembly Elections, the lead of BJP, the prospect of Modi becoming the next PM

BSE HITS 22,000 AND NSE CROSSES 6500 - WHY?

about 13 years ago

The market is usually accounted for being very sane and practical, with an ear to the ground. It is stated to be the barometer of the economy. If that is so, somehow this logic of 'Modi Wave' makes no sense; it is in complete contrast to the way in which market moves. And that brings us to the most pertinent question - is the market really swaying to the Modi wave or is there some major operators jugaad going on?

NOT A WAVE, IT MIGHT BE A 'MODI TSUNAMI'!

about 13 years ago

One sure shot thing which we can now expect - Narendra Modi in all likelihood will become the new Prime Minister of India. Another good news which we have got is that the Lok Sabha Election this time around saw the highest voter turnaround at 66.38% v/s 58.19% in 2009. The voters came out in throngs and have surpassed the previous record of 64.01% in 1984 when Indira Gandhi was assassinated.

WE THE PEOPLE, BY THE PEOPLE, FOR THE PEOPLE!

about 13 years ago

The victory of BJP/NDA was a given but no one in their wildest dreams had expected this kind of complete win. This kind of win for one single party is a loud voice for a complete change; people across the country voted single mindedly for Modi and his victory was through BJP - yes, one can say that this was a Presidential election.

TRIGGERS ON WHICH MARKETS WILL SWAY AND DANCE

about 13 years ago

First and foremost will be 26th May - we do not know the exact time but that's the day when Modi will be sworn in as the new PM and we will the key Cabinet ministers also being sworn in. There is major speculation about who will get what. Currently the finance minister is a tough choice between Arun Jaitley and Arun Shourie. In fact Shourie is being tipped for Commerce and Industry too. Sushama Swaraj is said to be keen for

RAILWAY BUDGET - WILL IT BE ABLE TO WALK THE TALK?

about 12 years ago

All eyes were on the Railway Budget as this was the first major policy announcement made by the Modi Govt. This Budget was to give us an insight into how the Govt thinks, what it aims to do for the people, whether it can successfully straddle commercial, social and economic needs. And the Budget sent out mixed signals.

INDEPENDENCE DAY MESSAGE - "COME, MAKE IN INDIA!"

about 12 years ago

The speech was surely superb - extempore and Modi with his famous mantras and quips. And it was long too! Truly, it is after a long, long time that we heard a PM speak so much and touch upon so many of our domestic issues. And the best part -it was not an uninspiring, read-out-from the pre-written script speech. It was a speech which will be played over and over again on all TV channels. It was wonderful to hear a leader who actually addressed

WHY ARE THE MARKETS SCALING NEW HIGHS EVERY DAY?

about 12 years ago

This has become a routine question for most of the analyzing the markets. Almost every single day, this question pops up, right from a retired pensioner to a housewife and even her teenaged son! Even before one can start explaining, most follow up their question with an answer, which actually sounds more like a question, "The Modi effect? But itna lamba chala?"

SAARC - A TOOTHLESS TIGER

about 12 years ago

An energy pact signed at the two-day South Asia Association for Regional Co-operation (SAARC) summit. That's the sum-total of the meet. After all the hi-drama, with expressions and emotions of PM Modi and Nawaz Sharif being played out like leading women in TV soap's, this is all it ultimately comes down to. This deal is just a face-saver; it's like buying something at the airport duty-free because you cannot go back home empty-handed.

Tyre stocks get punctured

about 7 years ago

Any hike in rubber prices has a direct impact on tyre makers and that explains why Ceat today hit a new 52-week low at Rs.921.45. MRF fell 2.5%

YEH JO DESH HAI TERA…..

about 9 years ago

As India steps into the 71st year of Independence, no one could have been better than PM Modi to inspire the “chalta hai” nation into a “badal sakta hai” one. His speech might have sounded more like a rah-rah prequel to the election campaign which will start next year for 2019 but we give it to him – extremely motivating

GST IS DONE…NEXT WHAT????

about 9 years ago

From now onwards, be assured that the Modi Govt will make moves with an eye on 2019 – the election year. Yes, with no real opposition in sight, another term, at least as of now looks certain. Thus all the reforms which we will see from the Govt will be all about vote bank – they will work on retaining their thumping majority of 2014 or even better, increase

SLASHING SMALL SAVINGS RATE - A PINCH WHERE IT HURTS THE MOST!

about 11 years ago

While we were busy enjoying the T20 matches and the lazy weekend, the Modi Govt was pretty busy. Friday evening, after we all had shut down for the weekend, the Govt slashed interest rate on all our small savings, including PPF and Kisan Vikas Patra (KVP). These rates will be reviewed quarterly and not annually.

HAPPY, PEACEFUL AND PROSPEROUS 2016!

about 11 years ago

As 2015 hobbled its way to the exit door, one could not help but want to close the door on it firmly and we now look at the new door of 2016 which has opened, with a renewed sense of hope and optimism. Modi coming to power and his eloquent speeches, the Parliament logjam has dominated pretty much the entire year and we now look forward to 2016 with more expectations - less talk and more action!

Tyre stocks on the expressway

about 10 years ago

The price of natural rubber continues to remain low and this is showing on the stock price of the tyre companies, which are all in the green for the past few days and today too, tyre stocks are on the expressway. Apollo Tyres hit a new high at Rs.220, Ceat is up over 3% at Rs.1076, JK Tyre i ...

WINTER SESSION - CHILLS AND NUMBS THE MIND

about 11 years ago

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

A WEEK BEFORE MONSOON SESSION ENDS.....

about 11 years ago

The winning mantra for Modi during the election campaign was the promise of giving the people a "Congress Mukt" government. After 10 years of a mauni PM and a non-working UPA, this promise was like the sight of an oasis to the thirsty desert nomad. But what do we find now - that oasis was a mirage!!!

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 HONEYMOON IS OVER - IT'S TIME TO GET TO WORK

about 12 years ago

We have read realms and realms of what Modi delivered in this one-year gone by. There have been enough editorials written and surveys conducted over his 365 days. This is but natural given the huge expectation wave he came riding on. These expectations were built partly by the non-performing

UNION BUDGET 2015-16 - DEFINITELY NOT SARVE BHAVANTU SUKHINAH!

about 12 years ago

Well, after a lot of hype and hoopla the D-Day is finally over. The most awaited event of the year for the market is over and done with. And we continue to wait. If this was the test of Modi Sarkar, the much talked about promise of achche din, well, the Budget will not go down too well with the masses. He had talked about achche din for the masses, right? In that case, this Budget has done nothing for us, we the individual tax payers.

YEN AND THE ART OF TRADE MAINTENANCE

about 12 years ago

Just as Modi has given our country the dream of "Make in India", Japan's Abe too is thinking in the same lines. The Japanese Prime Minister, like Modi is looking at options to bring back production, especially of electronics, back to Japan. The difference here is that Modi wants to make India conducive for other countries to set shop here

FINALLY SOME GOOD NEWS ON IIP AND CPI FRONT!

about 11 years ago

After the depressing markets and the even more disturbing happenings in the Parliament, the CPI and IIP data which came in later in the evening were worth cheering. At last some good news! First July CPI. Food inflation came in at 2.15% v/s 5.48% (MoM) and that alone helped the overall CPI come at down at 3.78% v/s 5.4% (MoM).

AUGUST IIP - VERY UNCOMFORTABLE NUMBERS

about 12 years ago

The optimism seen in Q1 seems to be waning. This IIP number for August is pretty ugly at 0.4% v/s 0.5% in July, the culprits being manufacturing and consumer durables. Basic good is the only one which has posted a decent growth; indicating that probably construction and real estate are the only activities happening.

PRESIDENT OF INDIA – MORE THAN JUST A SYMBOL?

about 9 years ago

There was so much brouhaha over the Presidential election, mostly by the media, which could smell an overpowering political story, drowning all other stories. Giving it only a caste angle, we cannot help but wonder what was this election all about anyway.

MAY IIP - A PLEASANT SURPRISE AFTER CRASHING MARKET

about 12 years ago

The May IIP of 4.7% was most certainly a nice surprise, especially when expectations were of IIP coming in at around 3.7 to 3.9%. This time around the growth was led by electricity and basic goods, unlike April, where bounce back was led by capital goods and electricity. The good news is that this time around there was no degrowth

Ceat treads a scenic road

about 13 years ago

Ceat breached its upper circuit filter at Rs.315.75 today and continues to remain strongly in the green. Volumes are good at 68,000 shares. The stock is doing well today on the back of its very good Q3 performance. The company posted a three times jump in its consolidated net profit at Rs.67 ...

DEC IIP AND JAN CPI - MORE REASONS FOR PROMPT POLICY ACTION

about 11 years ago

The trend was just like what we saw in November - contracting IIP and rising CPI. But this time around in December'15, the contraction was at least not as pronounced as that in November. IIP showed a degrowth of 1.3% v/s the degrowth of 3.2% (MoM). CPI for January showed a very marginal rise from 5.61% to 5.69% (MoM) but most worrisome, food inflation is on the rise - up from 6.4% to 6.85%.

WORRIED ABOUT FALLING OIL PRICES? GET REAL!

about 12 years ago

Really, there is nothing which will make us humans happy, more so those in the capital market. Till a few months ago, we were ruing our fortune when oil prices were scaling above $100/barrel. We felt that we were about to lose it all and oil prices would cripple our limping economy. Ok, so then we had falling oil prices.

FEB CPI RISES WHILE JAN IIP GROWS

about 12 years ago

It was a mixed picture this time around. The IIP for Jan'14, driven mainly by capital goods sector, came in at 2.6%, up from 1.7% in Dec, which was much better than expected. On the other hand, CPI for Feb'14 was at 5.37%, up from 5.11% in Jan. This is a clear indication that the sweetness of monsoon is going

FEBRUARY IIP - COMES AS A PLEASANT SURPRISE

about 12 years ago

The February IIP numbers took everyone by pleasant surprise. Coming in at 5% v/s 2.6% in January, this was much more than what was expected by majority of analysts. This is reportedly a 18-month high and the best news here - manufacturing activity was at its best, it grew at the fastest

Q4FY15 - NO EXPECTATIONS, NO DISAPPOINTMENT!

about 12 years ago

Its that time of the year - report card season, exams over. India Inc and the stock market is now bracing itself for the quiet storm which seems to be heading towards Dalal Street. The storm is brewing due to low 'pressure' arising on account of Q4FY15 results, which is expected to be disappointing, to put it mildly. The clouds are dark and looming

IIP DISAPPOINTS, CPI COMFORTS

about 12 years ago

IIP numbers were a negative surprise and CPI came in more or less on expected grounds. Thank god the markets had closed, what with the already 600-odd point fall or else, we could have seen some more disappointment!

THE STORY OF YES BANK - MORE THAN A SOAP OPERA

about 11 years ago

Well, the same saga has continued for the past couple of years and the judgement which came on 17th June'15, finally lay rest to some issues; mainly that of Madhu/Shagun getting berth on the Yes Bank Board. Clearly, that was something which as such would have never happened. What happened was indeed very unfortunate but one has to realise that Yes Bank is a professionally run bank and not a family organization. Thus getting berth on the Board because her father was there would as such hold no water.

IIP AND CPI - BOTH ARE VA VA VOOOOOOM!

about 11 years ago

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

OCTOBER IIP - BOGGLES THE MIND!

about 11 years ago

October IIP came in at a jaw dropping 9.8% v/s 3.6% in Sept. Manufacturing which contributes over 75% to the IIP basket came in at 10.6% v/s 2.6% (MoM) . Even capital goods number came in at 16.1% v/s 10.5% (MoM). Consumer goods was very good at 18.4% v/s 0.6% (MoM) - combination of durables and non-durables. Consumer durables came in a 42.2% v/s 8.4% (MoM)!! This means we consumed 50% more consumer durables in Oct!

IIP, CPI AND TCS... ALL DISAPPOINT

about 11 years ago

It was a bad set of numbers - both IIP for November as well as CPI for December. And then to top it all off, TCS announced its Q3FY16 numbers and they were much, much below analyst expectations. Thank god these numbers came in after market closure or else the already lackluster market, with a strong inclination towards a fall

AS CRUDE SLIPS AND FALLS, EQUITIES CRASH

about 11 years ago

Today morning, price of oil sank to a 12-year low with Brent crude trading down 3% at $27.88 a barrel. Following this, shares across Asia and Europe sank lower and there is now a virtual scamper to find safer havens like US dollar and gold. Naturally, along with the 600-points fall in equities, rupee inched closer to the record low of Rs.68.85

JAN IIP - ANOTHER MONTH OF DEGROWTH

about 11 years ago

November. December and now January. Three consecutive months where the IIP has shown a degrowth or decline. In Nov we saw a degrowth, the sharpest at 3.2%. The fall improved a bit to 1.3% in December and now in January, the decline is at -1.5%. Capital goods was volatile as usual showing contraction at -20.4% v/s -19.7% (MoM). Consumer goods came in at 0% v/s 2.8%; does that mean that there was no growth at all?

FALLING OIL PRICES - INDEED A HAPPY NEW YEAR!

about 12 years ago

The news agency, Reuters today reported that Brent Drude has slipped below $86/barrel and this fall, it directly attributed to the report put out by Goldman Sachs, which cut the price forecast for crude, expecting it to hover at $85/barrel in Q1 of 2015 and $80/barrel by Q2, where it expects a situation of pronounced oversupply.

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

about 11 years ago

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

IIP LOWER THAN EXPECTED, CPI HIGHER THAN EXPECTED

about 11 years ago

The numbers were bad. IIP for March'16 was flat, coming in at 0.1% v/s 2% in Feb'16, just about holding on to the positive. Manufacturing was the big culprit, showing a degrowth of -1.2%. Capital goods was bad at (-)15.4% and the star performer in that sense was electricity at 11% growth.

NOT IIP BUT ELECTION OUTCOME TO IMPACT MARKETS

about 10 years ago

Lower base effect. That’s what has helped the January IIP look so good at 2.7%; both YoY as well as MoM, the number looks much ahead of all estimates. The demonetization effect is seen tapering off and that it what has helped the MoM numbers bounce back. The capital goods sector is what helped boost this IIP

IIP SHRINKS AS RETAIL INFLATION RISES

about 10 years ago

This degrowth or contraction in growth was on the back of poor show by the manufacturing sector and we can lay some of the blame also on capital goods as well as consumer goods. Manufacturing contracted by -2% v/s growth of 2.3% in January and YoY, it was down from a measly growth of 0.7%. 15 out of the 22 industry

Tyre stocks on the 'high'way!

about 4 years ago

Commentary from Ceat has percolated to other tyre stocks too with Apollo Tyres also hitting a new high today at Rs.300.80; so did MRF at Rs.93,887, Goodyear India at Rs.1182.75 and JK Tyre at Rs.188.80.

OIL AT AROUND $40 LEVELS – THE NEW NORM?

about 9 years ago

Really, there is nothing which will make us humans happy, more so those in the capital market. Till a few months ago, we were ruing our fortune when oil prices were scaling above $100/barrel. We felt that we were about to lose it all and oil prices would cripple our limping economy. Ok, so then we had falling oil prices. Oil prices are back to hovering at $40/barrel levels – around $42/barrel. OPEC has decided to not cut back on supplies any more as it is scared of losing its market shares even though it is ready to take a hit on its earnings.

PMI OR IIP – WHAT WILL RBI LOOK AT?

about 9 years ago

The call for a rate cut, not 25 bps but a 50 bps just got louder! Today, the Nikkei India Manufacturing Purchasing Managers Index (PMI) was announced. It came in at 47.9% for July v/s 50.9% in June. This is for the first time this year that manufacturing has contracted and this is at the lowest level since Feb 2009.

PATEL AND POWELL – IT’S ALL ABOUT HOLDING ONE’S STEED

about 9 years ago

Let’s face the truth – we appoint a new RBI Governor, apart from us Indians, that too a small section, no one really cares. But a new Federal Reserve chief is announced; the whole world will sit up and take notice. He/she is undoubtedly the most powerful economic public figure on earth and the appointment of this chief can move the markets while the “tone” of his/her language is analysed and dissected to the bare bones by economists.

INFLATION SOARS AND GROWTH FALLS

about 9 years ago

The sharp rise in inflation was led mainly by food inflation and that was not really a surprise given the way we all have paid for vegetables and fruits in Nov. Cleary it was tomatoes and onions were the ones which led to this surge. Though the prices of these vegetables have come down since the past month

Q4FY18 – A MIXED BAG OF SOUR AND SWEET

about 9 years ago

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

IIP AND CPI – BOTH COME DOWN!

about 9 years ago

IIP for Feb came in at 7.1% v/s 7.5% in Jan and same as in Dec at 7.1%. And retail inflation or CPI for March was at 4.28% v/s 4.4% in Feb. So both were down and both came in much better than expected. This could have a good impact on the markets, depending of course on the numbers of Infosys,

Tyre stocks in limelight

about 4 years ago

Currently of the top five gainers on the BSE, three are from the tyre sector – Ceat, JK Tyre and Apollo Tyre are all up in the green. Apollo Tyres hit a new high at Rs.338.45.

SHOCKER OF AN IIP NUMBER FOR JUNE'14

about 12 years ago

After the pleasant surprise of 4.7% in May, it was a shocker today to see June IIP come in at 3.4%. The markets were expecting it to come at over 5%, enthused by May numbers but clearly, the market expectations were driven more by sentiments. The markets closed today

TYRE – MIGHT NOT TIRE IN 2019!

about 8 years ago

Consumption of natural rubber, which accounts for 40-50% of the raw material cost for making tyres, is estimated to remain low due to expected lower economic growth, increasing trade war worries and very fluid geopolitical issues.

MARCH IIP - A SLOW, TEDIOUS CLIMB UP BEGINS

about 14 years ago

IIP for March, for the third consecutive month came in higher and it is at a 5- month high. The last time we had seen a good growth was in Oct'12 where IIP was at 8.2%. The best part of the numbers this time around was the pick-up in the manufacturing growth. MoM, Manufacturing rose from 2.2% to 3.2% and YoY, from a

Market trips on oil

about 7 months ago

Crude crossed $110/barrel and this, the market typically treats it as a macro shock first (inflation + CAD + rupee + rates), and only then a stock-specific story. Near term, the biggest damage is usually in businesses with fuel as a direct cost line or crude-linked inputs, while the clearest beneficiaries are upstream producers

Aeroflex shines bright

about 3 years ago

The stock had a fantastic debut – as against IPO price of Rs.108, it got listed on the BSE at Rs.197, a jaw-dropping premium of 82%.

IIP AND CPI - A PLEASANT SURPRISE ON GROWTH FRONT

about 10 years ago

The macro economic data which came in today evening were very much on expected lines, no unpleasant surprises here. Consumer Price Index (CPI) for July came in at a two-year high of 6.07% v/s 5.77% in June. And this was led by sharp price rise in food inflation, which was at 8.35% v/s 7.38% (MoM). Vegetable inflation

IIP CONTRACTS AND SO DOES CPI!

about 10 years ago

The markets today shuddered and crumbled down to bits after news spread that the US Federal Reserve could hike rates and this could seriously affect bond yields. This is the real puzzling part - there is no doubt that the US Fed will eventually hike rates; it simply cannot and should not continue with this near-zero rates. Hiking rates would be an indication that US is

IIP IS LEAST OF OUR WORRIES RIGHT NOW!

about 10 years ago

There was so much breaking news this week that this IIP news of today was like a whimper. Demonetization, Trump and today evening's news of independent directors supporting Cyrus Mistry on the Board of Tata Steel, while Nusli Wadia also extending his support for Mistry

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...

Q4FY12 - MARKET WAITS FOR THE TRIGGER

about 15 years ago

But we are now looking at Q4FY12 and FY12. And how does it look? Rating agency CRISIL put out a report and it has given a 'tepid" outlook for Q4FY12. It expects India Inc to show a decline of 200-250 bps in EBITDA margins while it has projected revenue growth at around 15% v/s 25.5% in Q4FY11.

Q1FY13 - WHAT TO EXPECT?

about 14 years ago

Q1 numbers are not crystal gazing; it is more about looking into the past three months and it is the past experience which is expected to give cues for the coming months. Today, the moods might be a bit more optimistic than what they were last month but that does not mean that the numbers for Q1 will come in great.

MAY IIP - OUTLOOK REMAINS CAUTIOUS

about 14 years ago

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

JUNE IIP - NEGATIVE BUT CHIDAMBARAM RAISES HOPE

about 14 years ago

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

THE GROWING GAP BETWEEN IIP AND PMI

about 14 years ago

March IIP had come in a bit better, at 2.5% v/s 0.6% in Feb and much better from the degrowth of 2.8% on YoY. And this was for the third consecutive month when it came in higher and it was at a 5- month high.

APRIL IIP AND MAY CPI - PLEASANT SURPRISE TO BRING GOOD CHEER

about 13 years ago

This was like a pleasant surprise, almost seemed like the 'Modi effect' rubbing onto the IIP numbers as well, even before he has started doing anything!

APRIL IIP - WOH SUBAH KABHI TOH AAYEGI......

about 14 years ago

IIP for March, for the third consecutive month had come in higher and it was at a 5- month high. Well, that jolly ride has come to an end in April. The deceleration in IIP for April at 2% was truly unexpected. The only solace is that at least it was not as bad as April'12 which saw an overall de-growth

BLOOD THICKER THAN WATER BUT MONEY THICKER THAN BLOOD..... YES?

about 13 years ago

The battle between the Kapur and Kapoor has now been dragged to the courts and has the daughter of one of the founders of the bank - Ashok Kapur, Shagun Kapur Gogia at the vortex of the storm. The much awaited Board meet happened yesterday but no decision on appointment of Shagun

THE WEIGHT OF Q1FY14 NUMBERS - CRUSHING?

about 13 years ago

Q1 numbers are not crystal gazing; it is more about looking into the past three months and it is the past experience which is expected to give cues for the coming months. Today, the moods remain despondent, much more pessimistic than what they were at the end of Q4FY13. The first three months of the current fiscal were troubled, with rupee v/s the US dollar slipping to its lowest ever

MAY IIP HAS A GREAT FALL - WHO WILL PUT IT ALL TOGETHER AGAIN?

about 13 years ago

So we have alarmingly falling growth rates, manufacturing sector declining at a faster pace, exports also dipping and to top it all off, CPI has zoomed up further. Thus the seams from all ends of the cloth seem to be tearing off, leaving us wide open and vulnerable. With growths sagging and inflation zooming, clearly, RBI needs to do

JUNE IIP - DEGROWTH, DISAPPOINTING, DISTURBING

about 13 years ago

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

JULY IIP - FLASH IN THE PAN?

about 13 years ago

Manufacturing which has a 80% weightage in the IIP number did well with a growth of 3% but Capital Goods, showing a growth of 15.6% v/s degrowth of 6.6% in June was too volatile and cannot really be taken as an indicator of any improvement. Most analysts do not take into consideration capital goods at all as it simply

NOV IIP - THANK GOD IT CAME FRIDAY EVENING!

about 13 years ago

This somehow seems to push away any hopes of recovery in the second half any time soon. At the same time, it makes one wonder whether the RBI Governor will take a respite on rate hikes once again on 28th Jan, given this shrinkage of growth. The IIP data indicates that there has been tremendous demand destruction and that means,

DEC IIP AND JAN CPI - A HUGE SIGH OF RELIEF

about 13 years ago

And while we were nursing this disappointment, CPI and IIP numbers brought in much cheer. This time around, expectations were better, for both IIP as well as CPI.

JAN IIP AND FEB CPI - MUCH BETTER THAN EXPECTED

about 13 years ago

Does this mean that we are turning around? Too early to sound the victory bugle. We are sure to see very incipient kind of numbers in the months to come. Q4 FY14 is expected to end with a growth of anywhere between 4.6% to 4.7% but then again, all depends on agriculture growth. But one to also remember that services PMI has been contratcting, manufacturing is hardly growing and this means, major efforts

Q4FY14 - A MIXED BAG OF SWEETS, NAMKEENS AND KARELAS!

about 13 years ago

This time around, surprisingly, it is not Infosys but CMC which will bring in the numbers on 14th though small cap companies like Chemfab Alkalis and Goa Carbon, as usual, take the lead, being always amongst the first. Actually GM Breweries was the first to have declared its Q4 numbers. Infosys will remain the first large cap company to declare its numbers on 15th while IndusInd Bank will also follow the tradition of being the first bank to present its earnings.

FEB IIP - THANK GOD IT'S FRIDAY EVENING!

about 13 years ago

This number for February, clearly shows that the industry is going through a lot of pain and there is a degrowth across all the sectors. The growth in electricity does not come as a surprise at all given the fact core sector growth rate for February shot up to 4.5%

PATEL LETS LOSE A ‘DEMON’ WITH HIS RESIGNATION!

about 8 years ago

If the BJP Govt cannot get enough from celebrating the victory over extradition of Vijay Mallya from UK to India, they probably need to remember that Mallya was the very same symptom of the banking sector, which Patel was trying to cleanup.

PMI INDICATES OPTIMISM WHILE IIP SHOWS PESSIMISM

about 7 years ago

Today the manufacturing PMI for May was announced. The Nikkei Manufacturing Purchasing Managers' Index increased to 52.7 in May from April's eight-month low of 51.8. The good news is that it grew and secondly, it remained above the 50-mark threshold that separates growth

Ceat and JK Tyre hit new highs

about 13 years ago

Almost all tyre stocks are up today, with Ceat currently up 6.7% at Rs.251.95 and this is after having hit a new 52-week high at Rs.256.70. JK Tyre is up almost 4% and it too hit a new 52-week high today at Rs.143. MRF remains stable and Apollo is down in the red. This sudden spike up in tyr ...

Godfrey Phillips in a smoke

about 7 years ago

Following this clarification, the stock price slumped down to an intraday low at Rs.1391.60 and currently remains in the red.

HCC 'claims' top notch gainer position

about 10 years ago

The market is thrilled with HCC in an otherwise somber, lackluster day of trading. The stock rose over 15% in early trades to Rs.39.50 and continues to trade over 12% up. Its 52-week high stands at Rs.41.90. HCC has received communication from NHPC and NHAI regarding arbitral award payment. ...

ONGC lights up

about 9 years ago

ONGC is in the news today and the stock price has risen almost 3% to Rs.169, with a 4 times rise in volume. Its 52-week high stands at Rs.212 and low at Rs.155.30.

'Gujarat' stocks up in the green

about 9 years ago

hanks to the Exit Polls predicting a victory for BJP in Gujarat, like always, ‘Gujarat’ stocks are all up in the green. Gujarat Narmada (up 4%), Guj State Petronet (up 1%), GSFC (up 3%)

ICICI Bank down in the red

about 9 years ago

Following this news, the stock price fell 2.7% to Rs.311.20 and continues to remain in the red.

BREATHE IN, BREATHE OUT

about 5 years ago

We all, in our small way have been trying to inculcate the practice of yoga in our day-to-day life; be it breathing right or standing erect or practicing the surya namaskara’s. There is no doubt that with regular concentrated practice, life can change for the good and we will see a change from within and on the outside. And that gave rise to the thought – why can’t India Inc also practice yoga?

PSU Banks lead pack of losers

about 9 years ago

Once again, it is the PSU banks which lead the pack of losers on the BSE. The PSU Index is down in the red and the top losers are PNB, Canara Bank, Bank of India,

Allahabad Bank at new low

about 9 years ago

Allahabad Bank is the top newsmaker in the social media and the news is not good. The stock price hit a new low today at Rs.42.05, going down some 5%.

PNB back in reckoning

about 8 years ago

Scam hit PNB is in the green today, going up over 4% to Rs.94.20 and the mood on the counter currently looks positive.

PNB slumps pver 7.5%

about 7 years ago

The stock is obviously among the top three losers on the BSE currently, going down over 7.5% to Rs.75.10 and continues to remain at the same levels currently.

Suzlon gets short-circuited

about 7 years ago

Suzlon Energy fell to Rs.2.15 from yesterday’s close of Rs.2.58. It has now recovered a bit to Rs.2.42. Its 52-week low stands at Rs.2.06 and 20% LC for today is at Rs.2.07.

PNB's fraud saga continues

about 6 years ago

Not surprisingly, the stock is among the top three losers on the BSE since opening bell. PNB slipped almost 7% down to Rs.34.60, not too far from its 10% LC of Rs.33.40

Chartered Logistics in the green

about 10 years ago

Chartered Logistics, at its Board Meeting held yesterday, stated that it has decided to explore for appointment of Top Audit Firm w.e.f. April 01, 2017. During the quarter the Company had purchased 18 additional new trucks. Looking at the buoyancy of the business, the board has approved for ...

Poonawalla Fincorp at 5% LC

about 5 years ago

The stock which had closed yesterday at Rs.181.20, opened itself today at its 5% LC of the day at Rs.172.15.

Mazagon Dock at new high

about 5 years ago

Today too, from its previous close of Rs.278.35, it went on to hit a new high at Rs.309.20 and continues to trade at these higher levels.

Adani stocks celebrating

about 2 years ago

The markets have gone through the roof and the stocks leading this fantastic surge are the Adani group stocks. Every single listed Adani stock is up in the green, most hitting new highs.

Godfrey hits new high

about 1 year ago

From its close of Rs.8992.05, the stock price opened much higher at Rs.9400.05 and went on to hit a new 52-week high at Rs.9891.

Aquaculture stocks hit 20% UC

about 9 months ago

The stock price jumped sharply in early trade today, with both counters hitting the 20% upper circuit soon after the opening bell. Apex Frozen touched Rs. 352.20, its highest level since September 2022,

Tyre stocks on the 52-week high road!

about 10 years ago

Tyre stocks are up in the green today morning, two of them – Balkrishna Industies, up around 6% at Rs.940 after hitting a new 52-week high at Rs.955, being the top gainer on the BSE currently; followed closely on its heels by Ceat, second top gainer, up over 4% at Rs.1306 levels. Apollo Tyr ...

Chartered Logistics gets going

about 10 years ago

We do not hear much about Chartered Logistics, a company, which as the name suggests, is into logistics, surface transport to be more specific. Its stock price is in the limelight today going up over 3% at Rs.21.35, with 52-week high being at Rs.28. The company announced today morning about ...

Balkrishna Inds at new high

about 10 years ago

Balkrishna Industries has been hitting new highs consistently for the past few days. And today was no different – it made another new high today at Rs.920. The tyre company has posted an excellent set of numbers for Q1FY17 and the market has decided to celebrate this to the fullest. Its ...

MRF hits a high and then brakes

about 12 years ago

MRF hit a new 52-week today in the early morning trades, hitting a high at Rs.33,500. Since then it has come off the highs and is now slipping into the red, down less than 0.5% at Rs.32,900. The stock is volatile today, first reacting to the strong Q4 numbers and then profit booking taking o ...

Tyre stocks on 'high' road

about 12 years ago

Expectedly, tyre stocks are doing very well today morning, just as they did yesterday. Apollo Tyres leads the pack, hitting a new 52-week high today at Rs.217.70. Ceat is also doing very well, up over 8% and this is after hitting a new high at Rs.839.50. JK Tyre has also hit a new high at Rs.391. ...

Apollo gets a flat tyre

about 14 years ago

Apollo Tyres is the big loser on the BSE today; the stock has literally crashed, down currently by a whopping 16% at Rs.77.40, just a tad above its 52-week low of Rs.73.80. Its lower circuit is at Rs.73.55. The stock has fallen through the floor after it announced that it had acquired US-base ...

Piramal Entp hits another new high

about 11 years ago

Piramal Enterprises, which was earlier known as Piramal Healthcare has been having a fantastic run on the bourses for the past couple of days. On 30th March it hit a new 52-week high at Rs.1065 and today it surpassed that too, rising to Rs.1094.80, inching so close to the Rs.1100 mark. The m ...

HMT clocking good time

about 11 years ago

HMT is in the limelight today after a long time. The stock is up currently over 11% at Rs.55 levels with an intra day high of Rs.57.80 and low at Rs.53.20. The PSU where Govt of India holds 90% stake is up after it issued a clarification that it has signed a MoU with German company, Fraunhof ...

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.

Tolins Tyres

about 2 years ago

Needs a Track Record
Subscription Start Date :9 Sep 2024 End Date :11 Sep 2024
Issue Size : Rs. 230 cr, Issue Type : Fresh cum OFS
Price Band : Rs.215 to Rs. 226
--------------------------------------------------
Overall Subscription : 23.68x
QIB : 25.42x,HNI :27.38x,Retail :21.11x
Listing Date : 16 Sep 2024, , Listing Price : 227

MPC MEETING – TAREEKH PE TAREEKH!

about 6 years ago

This has probably never ever happened in the recent history of RBI where a policy meet, which is now known as the MPC meet has been rescheduled. The meeting of the MPC members were to deliver a policy decision on Thursday, 1st Oct. Now that has been postponed and the new date is not yet known.

DIAMOND’S COST – 2 LAKH TREES!!

about 5 years ago

It is always a tough call – environment or development. This face-off between the two essentials is only increasing in frequency and the protests on both sides is getting louder by the day. This diamond project is owned by Aditya Birla Group’s Essel Mining & Industries Ltd (EMIL), spread across an area of 364 hectares in the Buxwaha forests and is said to have a reserve of 34 million carats of rough diamonds.

Cords Cable

about 19 years ago

Price Band : Rs. - to Rs. -
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Somi Conveyor

about 19 years ago

Price Band : Rs. - to Rs. -
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Fine Organic

about 8 years ago

Verdict :A Fine Pick
Subscription Start Date :20 Jun 2018 End Date :22 Jun 2018
Issue Size : 600 crore, Issue Type : OFS
Price Band : Rs.780 to Rs. 783
--------------------------------------------------
Overall Subscription : 8.99x
QIB : 12.86x,HNI :21.01x,Retail :1.62x
Listing Date : 2 Jul 2018, , Listing Price : 815

Chemcon Speciality

about 6 years ago

Verdict :Positive over short term
Subscription Start Date :21 Sep 2020 End Date :23 Sep 2020
Issue Size : 318 crore, Issue Type : Fresh cum OFS
Price Band : Rs.338 to Rs. 340
--------------------------------------------------
Overall Subscription : 149.14x
QIB : 113.4x,HNI :450.52x,Retail :40.4x
Listing Date : 1 Oct 2020, , Listing Price : 731

Talbros Automotive close to a new high

about 9 years ago

Talbros Automotive rose over 12.5% to Rs.232, just Rs.3 short of its 52-week high of Rs.235, with an over 8 times surge in volumes.

HP Adhesives

about 5 years ago

HP = Highly Priced
Subscription Start Date :15 Dec 2021 End Date :17 Dec 2021
Issue Size : 126 crore, Issue Type : Fresh cum OFS
Price Band : Rs.262 to Rs. 274
--------------------------------------------------
Overall Subscription : 20.96x
QIB : 1.82x,HNI :19.04x,Retail :81.24x
Listing Date : 27 Dec 2021, , Listing Price : 319

Aeroflex Industries

about 3 years ago

Avoid Aero
Subscription Start Date :22 Aug 2023 End Date :24 Aug 2023
Issue Size : 351 cr, Issue Type : Fresh cum OFS
Price Band : Rs.102 to Rs. 108
--------------------------------------------------
Overall Subscription : 97.07x
QIB : 195x,HNI :126x,Retail :34.35x,Other :28.5x
Listing Date : 1 Sep 2023, , Listing Price : 190

Gandhar Oil Refinery

about 3 years ago

Only for Listing Gains
Subscription Start Date :22 Nov 2023 End Date :24 Nov 2023
Issue Size : Rs. 501 cr, Issue Type : Fresh cum OFS
Price Band : Rs.160 to Rs. 169
--------------------------------------------------
Overall Subscription : 65.62x
QIB : 129.06x,HNI :64.34x,Retail :29.92x
Listing Date : 30 Nov 2023, , Listing Price : 298

J G Chemicals

about 3 years ago

Margins Play Spoilsport
Subscription Start Date :5 Mar 2024 End Date :7 Mar 2024
Issue Size : Rs. 251 cr, Issue Type : Fresh cum OFS
Price Band : Rs.210 to Rs. 221
--------------------------------------------------
Overall Subscription : 27.78x
QIB : 32.09x,HNI :46.32x,Retail :17.43x
Listing Date : 13 Mar 2024, , Listing Price : 209

Reliance Industry Share Price & History

about 8 years ago

Inside details & Analysis of Reliance Industries' share price. Analysis of each division of Refining, Petrochem, Oil & Gas, Retail, Jio (Telecom & Digital) & Media.

Russian order raises Pipavav Defence by 6%

about 11 years ago

Shares of ship builder and defence major Pipapav Defence and Offshore are up 6% at Rs. 63.45, with heavy volumes on both the exchanges. BSE has, so far, seen volumes of over 18 lakh shares (verses 2-week average of 1.2 lakh shares) while NSE has recorded volumes of a whopping 90 lakh shares, agai ...

Tyre stocks on good roads

about 9 years ago

Tyre companies, whose major cost comprises of rubber, affecting the margins directly are in a celebratory mood today. Balkrishna Inds rose over 8% to Rs.2247.15; Ceat rose over 4.5% to Rs.1792; JK Tyre rose around 2% to Rs.150 levels

Tyre stocks on a roll

about 9 years ago

Tyre stocks have been a roll for this entire week. Almost all tyre stocks across the board have been hitting new highs consistently – Apollo Tyres, Ceat, JK Tyre, Balkrishna and MRF,

L&T hits a new 52-week high

about 13 years ago

L&T is currently the top gainer on the BSE Sensex, with the stock hitting a new 52-week high at Rs.1221.80. It continues to remain strongly in the green, up over 5%. The stock is buzzing loud and strong today after foreign brokerage house, Citi put out a report citing reasons why it thin ...

Adani stocks surge on 'Modi wave'

about 13 years ago

Adani stocks continue to move up sharply, momentum coming in through ‘Modi wave’. Adani Power is up today, once again amongst the top five gainers on the BSE. It is up 5.6% at Rs.51.15, close to its intra day high at Rs.52. Its 52-week high is at Rs.62.40. Adani Ports is up 3%, hittin ...

IT stocks in the red

about 13 years ago

The list of losers today is led by IT stocks – Infosys is down over 2% and so is Tech Mahindra, also down over 2%, TCS is also down 1%, HCL is down over 1% and Wipro is also down over 2%. IT stocks are in the red as the rupee today morning has today appreciated by 41 paise post t ...

Banking sector biggest gainer

about 13 years ago

The biggest gainer in today’s rise in Banking. The BSE Bankex is up 7.55% and the entire baking stocks are up in the green. Canara Bank, Andhra Bank, Oriental Bank, Indian Bank, PNB, IndusInd Bank, HDFC Bank, ICICI Bank, Union Bank, Allahabad Bank, Axis, Karnataka Bank, Syndicate Bank&helli ...

PSU stocks steal limelight

about 13 years ago

PSU stocks are currently the movers and shakers on the bourses. The top gainers on the BSE are all PSUs, led by REC, Power Finance and other gainers like – Hind Copper, Indian Bank, Shipping Corp, Coal India, RCF, BEML, Engineers India, even HMT. Apart from the fact PSU stocks have bee ...

Tribhovandas loses some sparkle

about 13 years ago

Tribhovandas Bhimji Zaveri has lost some of its sparkle today morning. Opening lower at Rs.151, the stock went down at one point to Rs.145.50, down almost 7% but since that level, it has been recovering. Currently it is at Rs.153.45, down less than 2%. The stock is reacting ...

Market check's in to hotel stocks

about 13 years ago

Hotel stocks are on a run! All the three top notch listed hotels – Indian Hotels, EIH and Hotel Leela have been hitting new highs since 19th May. Today too, EIH has hit a new high at Rs.91, Hotel Leela at Rs.24.50 and Indian Hotels is also up significantly, up over almost 3%. This sudd ...

Va Tech Wabag in the limelight

about 12 years ago

VA Tech Wabag is in the limelight this morning. The stock opened higher at Rs.1564.55 from Friday’s close of Rs.1505.60 and went on to hit an intra day high at Rs.1578.10. The stock is up after the company announced today that it had secured a Rs.220 crore order for design and construc ...

Spice Mobility showing a lot of spice!

about 11 years ago

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

A WELL ORGANISED LOOT

about 5 years ago

So these promoters take huge loans, declare bankruptcy while nothing in their personal life quality changes; then the banks agree for huge haircuts. The promoter gets back his company by repaying less than 10% of the total debt while banks deal with the huge NPAs.

Q1FY19 GDP – MANUFACTURING PACKS A PUNCH!

about 8 years ago

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

SELL THE SILVER – IT WILL BRING GOLD

about 6 years ago

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

PARLIAMENT LOGJAM - THE WINTER OF DISCONTENT

about 12 years ago

Oh well! After all this hullabaloo of the Winter Session where we expected all the tall talks to see at least some bit of action, came to a naught. One can only sigh in resignation and once again wonder where we are headed. Its really very funny if one can see it with a sense of humour - the same BJP spent 5-7 years creating Parliamentary logjams, not allowing the Govt to function at

ECONOMIC SURVEY FY15 - SETS THE ROADMAP FOR BUDGET FY16

about 12 years ago

The Economic Survey has been tabled today, following the tradition of presenting this important financial document a day before the Union Budget. This document is basically an annual statement which is put together by the Finance Ministry of India, showcasing the economic development during the course of the year.

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

MARKET WAITS FOR THE RIGHT 'KICK'

about 12 years ago

There are quite a few 'events' lined up which will trigger this boring market - it should either speed up or come down; this in-between, don't-know-where-to-go attitude is like the drip-drip rain - it gets you wet and road slushy, yet it's not enough to soak you to the skin and not little enough to fold up the umbrella

ABENOMICS + MODINOMICS = ABEMODI DYNAMICS

about 12 years ago

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

FII's SHUDDH DESI ROMANCE FOR INDIA

about 12 years ago

As per data put out by SEBI, yesterday, on 8th Sept, FIIs invested Rs.327 crore in equity and Rs.2013 crore, taking the total, investment by FIIs from 1st Sept to 8th Sept at Rs.11,327 crore. As against this, for entire month of August'14, FIIs had put in Rs.17,105 crore - over 66% of entire August's money has come in first 8 trading days of Sept. That's most certainly huge!

MAKE IN INDIA - INDIA HAS A LOOOOOONG WAY TO GO

about 12 years ago

Yesterday, Mr.Modi, given his excellent oratory skills, made a fantastic speech on 'Make in India'. He had all the right quips and quotes, even his focus was in the right direction. But for now, it seems like a major uphill task without any straight cut road map ahead. The goalpost is set but how do we get there, given the myriad of obstacles in the path?

EXPECTING RATE CUTS? DON'T!

about 12 years ago

Yesterday, post the CPI numbers there was talk in the market that RBI Governor, Raghuram Rajan will now reduce interest rates; after all he also needs to do his bit? Then after the numbers today morning, the talk is that Rajan WILL HAVE TO reduce rates.

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!'

PSU DIVESTMENT - FINALLY GETS 'SAIL'ING

about 12 years ago

The first PSU to divest stake, place its Offer for Sale (OFS) is about to take off. SAIL, the first PSU stock on sale from the rack of others, is down in the red, with markets apprehensive about a discounted price for the OFS. As such retail investors are being offered shares at a 5% discount

ORDINANCE ROUTE REPLACING LEGISLATION.....

about 12 years ago

The Govt is planning to bludgeon its way through Bills using the Ordinance route. With no support expected from the Rajya Sabha, more than legislation, it will be an 'executive' type of working, where irrespective of the voices of dissent, all efforts will be made to progress ahead

RBI'S FINANCIAL STABILITY REPORT - OPTIMISM WITH CAUTION

about 12 years ago

RBI released a very telling and extremely detailed report - the Financial Stability Report (FSR). As the name suggests, this report highlights the risks to financial stability, exposes the vulnerabilities in the financial system and in the face of all this, it gives us insights into how the financial institutions will build the resilience to overcome these challenges.

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.

Q3FY15 - WHAT TO EXPECT?

about 12 years ago

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

Impact of Delhi Results on Indian Share Market

about 12 years ago

AAP has had a clean swept at the Delhi election. Moot question on everyone's minds is how will this victory of AAP, or rather miserable defeat of BJP, in Delhi affect the Indian Share Markets. Here's our perspective....

Surcharges and their Sanity

about 12 years ago

Surcharge means an additional charge. Surcharge is an additional charge of tax over and above the income tax slabs. Whatever be the objective, it is essentially an additional tax burden on the tax payer. Why should surcharges exist in the first place?

THE PRESIDENTS SPEECH - NO OSCAR RESPLENDENCE

about 12 years ago

It would surely have been a sense of dÃ©jÃ vu for the President of India, Pranab Mukherjee. He was earlier the Finance Minister and would have most certainly experienced the fervor which surrounds a Budget session and might have listened to the President's address then with a sense of responsibility.

IT'S THE FINAL COUNTDOWN!

about 12 years ago

The most important days for the markets start tomorrow. One could shrug their shoulder and ask quizzically, "Why Railway Budget?" Actually, the Railway Budget starts the momentum; it's like the first climax before the penultimate climax of an action-packed thriller. The Railway Budget to a large extent gives us a peek into the mood of the Govt - are they going to play to the gallery or be more pragmatic. There is no doubt, this Railway Budget will also announce grandiose plans which frankly, the market has stopped believing in as the plans rarely

BAD DAY FOR MARKETS AND SAD DAY FOR INDIA

about 12 years ago

As Indian wickets fell fast and furious, the markets crashed too. At 3.15pm, it was down some 700 points but at the last moment it recouped a bit though it ended with a resounding thud - down 654 points. As it became more and more evident that India was getting out of the World Cup,

BROKERAGE HOUSES CALL THE SHOTS - SHOULD WE FOLLOW THEM?

about 12 years ago

The big question which looms large on our minds today is - are FIIs alone running the markets today? In many ways, we all probably know the answer - a vehement 'YES' but what comes as shocking is the way in which these various brokerage houses decide, with the reports whether the stock price needs to be pulled down on hiked up. Over the past one-two weeks, we have seen various 'reports' emerging. And there have been various

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