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Bharat Forge slumps on export fall

about 10 years ago

Bharat Forge, during the morning session was amongst the top losers on the BSE, down 3% at Rs.747.85. It has recovered since then but remains firmly in the red, down 2% at Rs.753 levels. The company sales of Class 8 trucks, which is mainly exported to USA has been on a consistent decline, hi ...

Bharat Forge slumps on export fall

about 11 years ago

Bharat Forge is currently the top loser on the BSE. The stock is down over 4.5% at Rs.790 levels from yesterday’s close of Rs.829.45. Its 52-week low stands at Rs.720.65. The stock price has fallen after there came in news that its truck orders in North America have fallen to the lowes ...

SEZs - REMAINS A BIG FLOP SHOW

about 14 years ago

The woes for SEZ continues. A few years ago, Special Economic Zones or more popularly recognized as SEZs were the toast of India Inc. 30% of India's export till date comes from SEZs and 166 SEZs are currently operational. The then Commerce Minister, Kamal Nath was applauded for his efforts taken to boost SEZs. But times have changed and so have preferences. SEZs today seem like a bad word.

Stcoks to benefit

about 9 months ago

China’s Ministry of Finance has announced it will remove VAT export rebates on 249 products (including solar cells) from April 1, 2026, and cut VAT export rebates on certain battery-related goods to 6% from 9%

Oil stocks have 'crude' fall

about 4 years ago

The oil companies are down in the red today, leading the pack of losers. This is thanks to the export tax and windfall tax announced today.

Sugar stocks get sweet

about 9 years ago

There was finally some very sweet news for the sugar sector. In a bid to clear the state of glut in the sector, the Govt yesterday scrapped the 20% export duty on sugar.

RBI DOES THE EXPECTED - MAINTAINS STATUS QUO ON RATES

about 13 years ago

It was as expected, to some extent. RBI kept the CRR unchanged at 4% and repo rate was also unchanged at 8%. But the surprise was that the RBI Governor went on to cut SLR by 50 bps. And another surprise was that it went on to reduce liquidity provided under the export credit refinance (ECR) facility from 50% of

Adani Entp hits the "Great Reef"

about 11 years ago

Adani Enterprise is having a really bad run, first with the Australian authorities and consequently, on the Indian bourses. Worry has erupted that the company, which had acquired a coal mine in Australia’s Queensland, with plans to export the coal into India, could not be aborted. The compa ...

Steel Strips hits new high

about 13 years ago

Steel Strips Wheels is on a run today. With an almost 4 times jump in volumes, the stock hit a new high at Rs.196 and it currently remains up 5.5% at Rs.188 levels. The stock is reacting to the announcement from the company that it has bagged its first export order from Russia. This is for 3 ...

NHC Foods gets spicy

about 13 years ago

NHC Foods, a small cap Govt recognized Star Export house. manufacturing packaged spices under the brand name of Saaz is up over 4.5% at Rs.39.40 with an intra day high at Rs.41. Its 52-week high stands at Rs.56.10. The stock is up after it issued a Press statement that it is expected to bene ...

Alembic Pharma hits new high

about 13 years ago

Alembic Pharma has hit a new 52-week high today at Rs.196.50 and it is currently trading around the same levels, with over 2.4 times surge in volumes. The company, led by a smart spike up in its export sales, posted a stellar set of numbers for Q2FY14, with standalone net profit coming at Rs ...

Jain Irrigation reaps rich Q1

about 10 years ago

Jain Irrigation is the top gainer since the opening bell. Hitting an intra day high at Rs.77.30, it is just inches away from its 52-week high scaled on 10th August at Rs.78.50. Driven by a good balanced export and Indian operations, the company, for Q1FY17 posted a very robust result & ...

CHINA - SLOWING DOWN?

about 14 years ago

In the past few days, just as there has been not-so-good news coming in from India, China too seems to be having its own set of macroeconomic issues. Based on the data of the past, it looks like the second largest economy of the world was also grappling with reality and growth issues.

RITES at new high

about 8 years ago

RITES hit a new 52-week high today at Rs.326.55 and volumes jumped up almost 7 times.

CMI rises over 3.5%

about 8 years ago

On this news, the stock price rose over 3.5% to Rs.155, clocking volumes of over 1.5 times. Its 52-week high is at Rs.371.60 and low at Rs.115.50.

RITES on right track

about 8 years ago

RITES is showing an over 2 times surge in volumes with the stock price too exhibiting a lot of volatility. The stock, which closed yesterday at Rs.302.95, opened higher at Rs.314.95, going up to an intra day high at Rs.321.40.

Balkrishna Inds skids

about 8 years ago

Balkrishna Industries is the top loser on the BSE this morning. The stock price was down over 10% at Rs.964 and volumes jumped up around 3 times.

Sugar stocks in festive mood

about 8 years ago

Following this news, sugar stocks are in a celebratory mood with Dhampur Sugar getting locked at the 10% YC at Rs.171.15; Shree Renuka is up 3% at Rs.13.95

Goldiam International in the green

about 8 years ago

The stock price is up in the green today, rising almost 8% to Rs.85. Its 52-week high is at Rs.94.80.

Jain Irrigation in deep green hue

about 8 years ago

Jain Irrigation is doing pretty well today. The stock price rose 4.5% to Rs.86.45, with over 6 lakh shares changing hands. It has a 10% UC at Rs.91.

ITC smokes up a new high

about 8 years ago

ITC hit a new 52-week high today at Rs.307 and remains around the same high levels, contributing to the record breaking run of the indices. In fact its contribution to the Sensex is currently around 158 points.

BHEL rises on new order

about 7 years ago

BHEL is doing well today, rising over 2.5% to Rs.114.20, which is Rs.10 lower than the 52-week high of Rs.124.20.

Aquaculture stocks in the red

about 8 years ago

Thapar group Waterbase hit the 5% LC at Rs.146.20; Avanti Feeds hit a new 52-week low today morning at Rs.390; Apex Frozen Foods is down over 4.5% at Rs.350.

Sugar stocks turn sweet

about 9 years ago

Almost across the board, all sugar stocks are up in the green. Dhampur Sugar Mills, Balramour Chini, Ugar Sugar, Triveni Engg, Mawana Sugar, KCP Sugar, Avadh Sugar, Uttam Sugar, Dalmia Bharat Sugar, Bajaj Hindusthan, Sakthi Sugars are all doing well.

Indoco Remedies tanks 10%

about 9 years ago

The stock price has tanked today; it was down 10% at Rs.218.55 with volumes more than doubling up. Its 52-week low is at Rs.179 and high at Rs.317.

Shrimp stocks shrink

about 9 years ago

Thapar owned aqua culture company, Waterbase went down almost 8% to Rs.253; Avanti Feeds slumped almost 4.5% to Rs.2255.45; Apex Frozen Foods declined 3.5%

Aarti Inds close to new high

about 9 years ago

Aarti Industries rose over 8.5% today at Rs.1159.90, which is just Rs.3 away from its 52-week high of Rs.1162.80.

Waterbase hits a new high

about 9 years ago

Thapar group company, Waterbase, which mainly makes shrimp feed hit a new high today at Rs.259.85, a straight 13% jump over yesterday’s close of Rs.229.55.

Cyient jumps on earnings

about 8 years ago

Cyient is showing a lot of action today morning, with volumes surging almost 6 times within minutes of the opening bell.

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%.

Steel Strips 'wheels' into green

about 9 years ago

Steel Strips Wheels rose almost 4% to Rs.951, just 5% lower than its 52-week high of Rs.999. It has come off the intra day high levels and remains in the green, at Rs.934

Auto stocks on red signal

about 7 years ago

Auto stocks are all down in the red today with all across the board, including two-wheelers reporting zero or nil sales during April

Sugar stocks turn sweet

about 6 years ago

Balrampur Chini, Triveni Eng, Uttam Sugar Mills, EID Parry, Dwarikesh Sugar, Dhampur Sugar, Shree Renuka are all in the green

JSPL shines bright

about 6 years ago

The stock opened almost 1.5% at Rs.264.10, rising further to Rs.269.30, not too far from its 52-week high of Rs.272.75.

Bharat Dynamics shoots up

about 6 years ago

The stock price, as expected is in the green today morning. It rose 5.5% to hit an intraday high at Rs.340, where it is currently quoting.

Dalmia Bharat at new high

about 6 years ago

The stock price has reacted positively to this news. From its close of Rs.123.80 on Friday, within minutes of opening it shot to a new high of Rs134.

SSWL steers ahead

about 6 years ago

The stock rose over 4% to Rs.455 post this announcement but is now hovering around Rs.447 levels. Its 52-week high is at Rs.798

Century Textiles slips 4%

about 6 years ago

The stock opened at the days low point at Rs.302, a loss of 4% over yesterday’s close of Rs.31460 but soon recouped

Adani Ports gets clogged

about 7 years ago

The stock is in the red now after opening in the green. The stock opened with an upward gap at Rs.277 but from there it fell down

Nestle gets 'slurped' up!

about 7 years ago

Naturally, the stock is among the top three gainers on the BSE today, a very small lot of gainers as such. The stock price rose to an intraday high at Rs.11,912, rising almost 4.5%

HBL Power in limelight

about 7 years ago

Opening with a gain of 11.5% at Rs.15.10, the stock soon climbed 13% to its current intraday high at Rs.15.30.

TVS Motor in the green

about 7 years ago

TVS Motor reported a flattish kind of performance for Q3FY20 but the market seems to be happy as it has been better than most estimates.

Maruti in the green

about 7 years ago

The market was happy with these numbers for Jan. From its close of Rs.6911.70, the stock opened slightly higher at Rs.6913

BEML in the limelight

about 7 years ago

BEML has closed on Friday at Rs.973 and today, it opened at Rs.982.70, going up to an intraday high at Rs.996.95. It is currently traded at Rs.991 levels

Tejas Network hits new high

about 7 years ago

Tejas Network hit a new high and its 10% UC at Rs.104.55 today morning, with an over 2 times surge in volumes.

Footwear stock on strong footing

about 7 years ago

Footwear stocks seem to have put their best foot forward. Khadim, Bata India, Liberty Shoes and Mira International – all three stocks are very much in the limelight since yesterday.

Sugar stocks become ‘mishti doi!’

about 7 years ago

Sugar stocks are naturally in a tizzy. Shree Renuka Sugar, Triveni Engineering, Bannari Amman, Dhampur Sugar, Bajaj Hindusthan, Dalmia Bharat, Dwarikesh Sugar

Rice stocks spread thier aroma

about 9 years ago

LT Foods today rose almost 15% to Rs.83.55, very close to its 52-week high of Rs.84.70; Kohinoor Foods rose over 9% to Rs.785.50 while Chaman Lal Setia hit the 20% UC

ADF Foods rises 5%

about 9 years ago

ADF Foods, in the opening bell session jumped up almost 5% to Rs.304.35, which is less than 4% its 52-week high of Rs.316.10.

BEML rises and falls

about 6 years ago

In the opening bell trade, the stock spiked up 2.5% to hit an intraday high at Rs.964.85 though it has now tapered off to Rs.948 levels,

IPCA Labs spooked by US FDA

about 12 years ago

IPCA Labs is currently the top loser on the BSE, down 9% at Rs.763.60, with an intra day low at Rs.752 and this was though the stock had opened at Rs.832. The stock reacted sharply to the announcement made by the company in the early trading hours that it had voluntarily stopped shipments fr ...

Freshtrop Fruits gets all sweet and juicy!

about 12 years ago

Freshtrop Fruits has been volatile for few days now. The stock breached the lower circuit for the past few days and since 21st, it turned around and started breaching the upper circuit. Today too, it hit the 5% upper circuit at Rs.101.50 the moment it opened for trading. The stock continues ...

Patel Airtemp hits a new high

about 12 years ago

Patel Airtemp, with a 2.5 times surge in volumes, is doing pretty well today morning. The stock opened higher at Rs.170, going on to hit a 52-week high at Rs.179.40, its current price, up 16.5%. The stock is in the limelight after it announced yesterday after market closure that it has receiv ...

Escorts in red as it vies to get trimmer

about 12 years ago

Escorts is in a bit of a spot today, with the stock trailing in the red, currently down 1.5% at Rs.159 levels. The stock as recovered since low levels of Rs.156 it hit in the early morning trades. The stock price is reacting to the news of the company aiming to get leaner and trimmer by redu ...

GVK Power zooms up 5%

about 12 years ago

GVP Power is in the limelight today morning, figuring amongst the top gainers on the BSE. It is currently up 5% at Rs.10.50, its intra day high point. The stock is in the green after the company stated that it has won the environmental permit for its Australian coal project, Alpha. This mean ...

Thermax builds up

about 12 years ago

Thermax is currently the top gainer of the day, up over 3% at Rs.917, with an intra day high at Rs.950, with volumes jumping up over 3 times. The stock has zoomed up after a long span of listless trading on receiving news that its JV unit with US basd Babcock & Wilcox Energy (B&WE) h ...

TVS Motor on the 'high'way

about 12 years ago

TVS Motor Company hit a new high at Rs.201.80 and it is currently up over 3%, remaining strongly in the green. The stock is reacting positively to the sales figures of the company for August’14. The company posted a 46% (YoY) rise in total sales at 2.27 lakh units. Two-wheeler sales we ...

Unichem Labs in poor health

about 12 years ago

Unichem Labs is down almost 4% at Rs.188.55, closer to its intra day low of Rs.187. The 52-weeklow stands at Rs.138. The stock is in the red, post the dismal numbers it posted for Q1FY15. The company, for Q1, posted a 16% (YoY) drop in net profit at Rs.30 crore. This was on the back of lower ...

Elder Pharma get "calcium" dose!

about 12 years ago

Elder Pharma has been pretty volatile for the past few days, hitting new lows while breaching upper circuits and showing heavy volumes. The stock is currently up almost 4.5% at Rs.83 with an intra day high at Rs.85.80. Volumes are at 45,000 shares getting traded today compared to 2W average of 43 ...

Caplin Point continues to rise

about 12 years ago

Caplin Point Labs did very well yesterday and today too, it continues to do well. Yesterday, it had breached the upper circuit at Rs.264.25 and today, it opened higher at Rs.266 levels and is currently at Rs.273, up 4.6%. The stock is up after the company yesterday announced that its plant a ...

LMW spins exuberant numbers

about 13 years ago

Lakshmi Machine Works has hit a 52-week high today at Rs.3575 and it has been doing so consistently since 19th May. It has currently come off the highs but remains up in the green at Rs.3450 levels. The stock has hit a high after it posted a set of robust numbers for Q4FY14. The company&rsqu ...

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 ...

TVS Motor hits a new high

about 13 years ago

TVS Motor Company has hit a new 52-week high today at Rs.89.90 and it currently remains up around the same high levels. The stock is up after the company announced that for the month of Feb’14, it recorded a 7% jump in total sales at 1,77,662 units. Sales of scooters grew by 37% to 41, ...

Bajaj Auto slumps

about 13 years ago

Bajaj Auto continues to remain in the red. The stock is down almost 1.5% at Rs.1815.75, with an intra day low at Rs.1809.15. The stock is in the red on news that the Egyptian Govt is proposing a ban on import of motorbikes and three-wheelers. This is yet to happen but the potential risk to E ...

Kwality spurts up

about 13 years ago

Kwality (formerly Kwality Dairy) is trading higher by 1.8% at Rs. 39.20 per share, with current market cap at Rs. 800 crore. Share has cooled down from high of 39.85 made on NSE a while back. Company has announced revenue of Rs. 1,142 crore for Q3FY14, up 6% QoQ, while PAT stood at ...

Cipla loses on disappointing Q3

about 13 years ago

Cipla is a big loser currently, down 4.3% at Rs.395, with a low at Rs.390 and volumes have spiked up 1.2 times. The stock is down in the red after its net profit for Q3FY14 fell 23% (YoY) at Rs.261 crore though net sales showed a growth of 10% at Rs.2281 crore. EBITDA was down 18% at Rs.403 ...

Man Industries on smart rally

about 12 years ago

With volumes rising over three times, Man Industries is virtually on a smart gallop on the bourses today. The stock is currently up over 16% at Rs.70.50 and this is after an intra day high at Rs.72.45. Its 52-week high remains a far away at Rs.94. The stock is in the limelight today after th ...

Nestle back in reckoning

about 11 years ago

Nestle is most obviously a big gainer on the bourses today. From a two-week average of less than 9000 shares being traded, today in the morning trades alone, volumes have crossed 22,000 shares. The stock price is up strongly in the green, surging over 7% currently at Rs.6790 levels, with an intra ...

Skipper jumps to a new high

about 10 years ago

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

Sugar stocks turn sweet

about 11 years ago

Sugar stocks are all up in the green and two stocks figure amongst the top five gainers on BSE. Renuka Sugar is up almost 12% at Rs.12 and Balrampur Chini is up 4% at Rs.81.55. Bajaj Hindustan and Dhampur Sugar, all are up over 3%. The reason for sugar stocks suddenly getting sweet on the bo ...

Thermax gets close to a new high

about 10 years ago

Thermax, today morning went up to Rs.1069, a rise of almost Rs.30 over Friday’s close of Rs.1040 but more significantly, it was so close to its 52-week scaled on 25th April of Rs.1070

BHEL hits a new high

about 10 years ago

Bharat Heavy Electricals Ltd (BHEL) is in the reckoning today. The stock opened stable at Rs.176 levels, same as yesterday’s close but after the company issued a Press Release about its “largest every order”,

Alcohol stocks in a tizzy

about 10 years ago

Last year when CM of Bihar, Nitesh Kumar had announced that he would be declaring Bihar a dry state from 1st April 2016, all major liquor stocks plunged into the red. These companies have a huge market in Bihar and the state too was earning revenue of around Rs 4,000 crore annually from liquor sa ...

Skipper is all powered up!

about 10 years ago

Skipper is doing well today. The stock rose to an intra day high at Rs.165 and it is currently up 4% at Rs.163.50. The stock’s 52-week high and low stands at Rs.219 and Rs.116 respectively. The company announced yesterday that its international business got a boost after it bagged new ...

Rico Auto in the green

about 11 years ago

Rico Auto is up in the green and the stock price has risen 2% at Rs.40.70, its current intra day high point. The stock has jumped up after the company commissioned and started commercial production at a manufacturing plant in Chennai for supply of high pressure die casting aluminium auto com ...

Skipper is all powered up!

about 11 years ago

Skipper is all powered up today morning with trading volumes surging over two times. From yesterday’s close of Rs.137.30, it went up to an intra day high at Rs.148 and remains firmly almost 3% up at Rs.142 levels. This less heard-of company, Skipper is engaged in manufacturing of PVC p ...

Stone India chugs along into green

about 11 years ago

Stone India makes mechanical and engineering products for the railroad industry and it seems to have started 2016 on a very good note. On 2nd Jan, it reported two orders. First - as a part of Stone India Consortium, it has received an order for design, maintenance, supply, installation and commis ...

Alok Industries in the limelight

about 11 years ago

Alok Industries, India's largest fully integrated textile company with a dominant presence in the Cotton and Polyester segments, seems to be hogging a lot of limelight today. Figuring amongst the top gainers, The stock is up over 6% at Rs.7.21 levels with an intra day high of Rs.7.30 and low ...

Welspun Corp see's bigger pipeline

about 11 years ago

Welspun Corp is currently the top gainer on the BSE. The stock price is up over 10% at Rs.107.45 with an intra day high at Rs.110.25. Volumes have jumped up to over 9 lakh shares being traded today compared to some 2 lakh shares on a two-week average. The company announced yesterday evening ...

Sugar stocks turn sweet

about 11 years ago

Sugar stocks are amongst the top gainers on the BSE. Shree Renuka Sugar is the top gainer, up currently 14% at Rs.15.33. EID Parry is the second big gainer; it hit a new high at Rs.244.65. Dharani Sugars has also hit a new high at Rs.25.95. Other sugar stocks which hit a new high are Dwarkesh Sug ...

Minda Inds hits all time high

about 11 years ago

Minda Industries had closed yesterday at Rs.696.50 and today morning, it opened at Rs.641 and soon rushed to hit the 20% upper ceiling where it is currently locked at Rs.696.50. The market is thrilled with its Q2FY16 performance. An auto component manufacturer, the company reporte ...

MRPL slumps after poor show

about 11 years ago

MRPL is currently the top loser on the BSE, down almost 7.5% at Rs.52 levels. It hit an intra day low at Rs.50.95. Its 52-week low stands at Rs.45.10. The performance of the company for Q2FY16 has been disappointing, to put it mildly. The fall in crude prices leading to lower realisations an ...

Bharat Forge down on CLSA snub

about 11 years ago

Bharat Forge is painted deep red today. From yesterday’s closing of Rs.933.25, it opened weak at Rs.886 and slipped to intra day low of Rs.876.55. It recouped from there and is now at Rs.900 levels, yet down over 3.5% . The company is due to declare its Q2 numbers on 29th Oct but befor ...

Alok Industries gets another advance

about 11 years ago

Alok Industries, exactly a year ago, on 15th Sept 2015 had hit a new high at Rs.14.08 and today, though it has not hit a new high, it is up almost 7% at Rs.6.55, its current intra day high. Volumes are up almost 3 times. The stock is up as the company stated that it has received an additiona ...

Hero takes the global leap

about 11 years ago

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

Bharat Dynamics up 3%

about 6 years ago

Post receipt of this order, the stock price today morning rose over 3% to Rs.355.80 and is now trading at Rs.351 levels. Its 52-week high and low stands at Rs.481.25

BEML on the high road

about 6 years ago

The stock opened almost 2% higher at Rs.1398 and rose to Rs.1420.95, going up 3.5%. Last week, on 9th March the PSU had hit a new high at Rs.1544.25.

Rice stocks on the boil

about 13 years ago

Rice stocks are cooking a aromatic broth today on the BSE. LT Foods is currently up almost 5%, KRBL has hit a new 52-week high at Rs.33.20 and Kohinoor Foods has breached the upper circuit at Rs.41.35. All these stocks have been up since yesterday with major spike up in volumes too. These st ...

Sarda Energized!

about 1 year ago

From its close of Rs.439.25, the stock opened higher at Rs.527.10 and went on to hit an intraday high at Rs.527.10, briefly touching its 20% UC of the day

Shipping stocks in good waters

about 11 months ago

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

Another Tata entity lists

about 11 months ago

There was a new listing today and not an IPO one but a consequence of a restructuring. Shares of Tata Motors’ commercial vehicle business debuted strongly today

Hero becomes sidekick!

about 12 months ago

The stock fell nearly 4% to Rs. 5,322 per share, emerging as the top loser on the Nifty Auto index, which traded 0.5% lower in early deals.

PG Electro on the buzz

about 1 year ago

From its close of Rs.514.50, it opened at Rs.525.90 and rose to an intraday high at Rs.526.10 and itsv52-week high is at Rs.1054.95.

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.

Trump's tariff hurts textiles

about 1 year ago

Trump's 50% tariff on Indian exports to USA take effect and here we have a quick look at the sectors and stocks that will be likely impacted.

Stocks got "Trumped"

about 1 year ago

This fact has naturally pulled down the markets but it’s probably more important to understand the sectors/companies that could be impacted.The sectors that will face the maximum heat

Kernex rises 13%

about 9 months ago

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

Coffee stocks wake up

about 1 year ago

The stock is a good, steady gainer today, rising 4% to an intraday high at Rs.1104.80 though profit booking has brought the stock down to Rs.1073.50, up just 1%.

Textile stocks in news

about 1 year ago

And this is precisely the reason why textile stocks are up in the green today. India textile exporters, especially companies with strong U.S. linkages or capacity to scale up, are seen as potential beneficiaries, hence the surge in stock prices.

Paras see's 'defensive' buying

about 1 year ago

The stock is the top gainer on the BSE since the opening bell today; the stock which had closed at Rs.848.65, opened higher at Rs.855 and rose 10% to an intraday high at Rs.933.50.

Symphony plays good tune

about 1 year ago

The stock is experiencing a significant surge today, with a notable 17% increase. This uptick is part of a broader upward trend, as the stock has risen approximately 42% over the past three days.

IOL Chemicals in news

about 1 year ago

From its close of Rs.65.42, the stock opened higher at Rs.67.90 and rose further to an intraday high at Rs.69.89.

Jana SFB on the rise

about 2 years ago

The stock, which had closed yesterday at Rs.438.65, opening flat and soon rising to an intraday high at Rs.490.70, up 12%. The stocks 52-week high is at Rs.760.85 and low at Rs.364.

Surya Roshni in dim light

about 2 years ago

The stock is in the red; from a close of Rs.611.75, opening lower at Rs.590 and fell down 10% to an intraday low at Rs.550.65. Its 52-week close is at Rs.467.15.

DCM Shriram in limelight

about 10 months ago

This still leaves the counter well below its 52-week high of Rs 1,501.70 and implies a market capitalisation of roughly Rs 19,800 crore, valuing the diversified agri-chemicals group at about 27–28x trailing earnings.

Polycab goes up and down

about 9 months ago

Currently at Rs. 7,192, down about 3.06% from the previous close of Rs. 7,419, it reflects intraday profit-taking and market volatility in the wake of the recent quarterly results. The stock’s intraday range saw a high near Rs. 7,426 and a low around Rs. 7,191

RHI Magnesita up 13%

about 2 years ago

The stock has been holding the position of the top gainer on the BSE intermittently today; the stock price rose almost 13% to hit an intraday high at Rs.666.25

Textile stocks jump back up

about 5 months ago

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

Azad celebrates Azaadi!

about 2 months ago

The stock is currently among the top gainers on the BSE, rising 7.84% to Rs. 2,930.60. The stock touched a fresh 52-week high of Rs. 2,986.40 in early trade, against its previous close of Rs. 2,717.60. Market depth was supportive, with total buy quantity at 18,956 shares against sell quantity of 15,756 shares

Indo-MIM makes a strong debut

about 3 months ago

The stock made a strong market debut on the BSE, listing at Rs. 703 against a discovered price of Rs. 485, implying a listing gain of nearly 45%. The stock rose further to Rs. 709.65 in early trade, up Rs. 224.65 or 46.32%

TVS Motor so close to a new high

about 3 months ago

The stock touched an intraday high of Rs. 3,965, just Rs. 5 short of its 52-week high of Rs. 3,970, as investors reacted to strong volume growth, margin expansion and record profitability.

Pharma stocks in reckoning

about 4 months ago

The rally was broad-based, with Dr. Reddy’s gaining up to 2.6%, Cipla nearly 3%, Laurus Labs over 3%, Zydus Lifesciences around 2.8%, Sun Pharma over 1.5%, while Piramal Pharma surged more than 8% on the supply-opportunity trigger.

Concord Bio attracts attention

about 4 months ago

The stock is trading marginally higher today morning The stock was up 0.53% at Rs. 1,333.85 on the NSE, tracking a regulatory-led uptick even as investors remain mindful of the company’s softer Q4FY26 print.

JNK India hits new high

about 4 months ago

The stock hit a fresh 52-week high of Rs. 471.35 during the session, with turnover at around Rs. 9.83 crore and the stock trading at a VWAP of Rs. 452.81.

PI Industries loses ground

about 5 months ago

The shares slipped sharply today, with the stock down 7% at Rs 2,909.20 after opening at Rs 2,950 against the previous close of Rs 3,124.55. The counter hit an intraday low of Rs 2,863.65, with turnover at about Rs 14.9 crore; the stock is now closer to its 52-week low of Rs 2,700

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,

Apollo Micro hits new high

about 5 months ago

The stock s the top gainer on the BSE, up over 10% to Rs. 343.50, extending recent momentum as the stock hit a fresh 52-week high of Rs. 357.55 versus a previous close of Rs. 311.10. The counter opened at Rs. 327.95 and traded in a Rs. 317.70–357.55 band

Sugar stocks taste bitter

about 5 months ago

The move triggered a broad sell-off across listed mills, with Dwarikesh Sugar down 3.6% to Rs. 45.03, while Dhampur Sugar (Rs. 149.19), Balrampur Chini (Rs. 533.25) and Uttam Sugar (Rs. 244) fell about 3% each. Other names such as Bajaj Hindusthan (Rs. 18.35), Dalmia Bharat Sugar (Rs. 359.7),

Texmaco jumps 11%

about 5 months ago

The stock opened firm at Rs. 116.10 versus a previous close of Rs. 105.55, with trades largely clustered around a Rs. 118.17 VWAP, pointing to sustained buying rather than a fleeting spike. The counter has been volatile in recent weeks, with the 52-week range

Refinery stocks on the rise

about 7 months ago

Reliance Industries rose nearly 3%, while the sharper moves came from refining-levered names, with Chennai Petroleum (CPCL) up 5.4% and MRPL up to 5.72%. Among PSU majors, Indian Oil (IOC) gained 2.87%, HPCL rose 2.37%, and BPCL added 1.37%

Sanofi Consumer in good health

about 8 months ago

The stock added Rs. 617.20 over the previous close of Rs. 4,005.75, after moving between Rs. 4,200.10 to 4,806.90 (upper price band), with VWAP at Rs. 4,652.30. Trading volumes stood at about 1.03 lakh shares with turnover of around Rs. 48.12 crore

Waaree Eng gets 'Trumped'

about 8 months ago

The stock was trading at Rs. 2,685, down 11.25% (or Rs. 340.20) from the previous close of Rs. 3,025.20, after moving in a Rs. 2,571.45 to 2,820.55 range; VWAP stood near Rs. 2,671.04. Volumes were elevated at about 6.35 lakh shares with turnover of roughly Rs. 169.68 crore,

Hitachi Energy zooms up

about 8 months ago

The stock was quoted at about Rs. 21,425.80 in the mid-morning session, up 11.5%, after having earlier touched an intraday high of around Rs. 21,900 (+14%) on the back of its Q3FY26 print and outlook commentary.

Syrma in the limelight

about 2 years ago

The stock, which had closed yesterday at Rs.431.65, opened lower today at Rs.429.70 but soon jumped up to Rs.474.50 and is currently trading at Rs.469 levels.

Rallis India slips down

about 2 years ago

From its close of Rs.340.65, it opened lower at Rs.325.10 and slipped to an intraday low at Rs.317.25. Its 52-week low is at Rs.205.15.

Man Industries in green

about 6 years ago

The stock today opened 4% higher at Rs.82.25 and went on to hit an intraday high at Rs.86.75. Its 52-week high is at Rs.92.70.

Deepak Fert up 6%

about 5 years ago

The stock has reacted positively to this news, it opened 3% higher today, rising 6% to an intraday high at Rs.389.90.

Steel stocks lead losers

about 4 years ago

The BSE Metal index hit a new low today and of the 10 stocks tracked, only one stock, Hind Zinc is in the green; rest all are in the red.

Ramkrishna "Forges" ahead

about 4 years ago

The stock which had closed yesterday at Rs.172.40, it opened tepid at Rs.172.50 and soon surged to an intraday high at Rs.175.50 and is now trading around the same levels.

Edible oil stocks soar

about 5 years ago

While FMCG companies might have had a stressful weekend, edible oil companies are having a field day today. Gokul Agro hit the 5% UC and so did Adani Wilmar; both hitting new highs too

Seacoast Ship in good waters

about 5 years ago

From its close of Rs.13.85, it opened today at Rs.14.50, going up further to Rs.15. Its 20% UC of the day stands at Rs.16.60.

Wockhardt rises like 'Sputnik'

about 5 years ago

The stock reacted very strongly; from its close of Rs.388.05, it opened higher at Rs.402.25, went up to an intraday high at Rs.408.10 and it is now trading at Rs.394 levels.

Supriya Life's smashing debut

about 5 years ago

The stock got listed on the BSE at Rs.425 v/s IPO price of Rs.425, a huge premium of 55%. The stock came off this high listing and went down to Rs.308

Fertiliser stocks in green

about 5 years ago

Chambal Fertiliser is among the top three gainers on the BSE since the opening bell today, rising almost 10% to Rs.398.80. RCF, NFL, Madras Fertiliser

Bharat Dynamics surges

about 4 years ago

The stock rose almost 8% today to Rs.844 on the back of over 3x surge in volumes. It has come off this high point and is now trading at Rs.819 levels.

Lincoln Pharma up over 3%

about 5 years ago

This news pushed the stock price up by over 3% to hit an intraday high at Rs.394.90. Its 52-week high is at Rs.407.70.

MTAR Tech up 4.5%

about 5 years ago

The stock opened slightly lower but soon rose up to hit an intraday high at Rs.1429.55, up almost 4.5%. Its 52-week high is at Rs.1562.

Ramkrishna 'Forges' ahead

about 5 years ago

The stock rose over 4.5% to hit an intraday high at Rs.1023.95, not too far from its 52-week high of Rs.1100.

HAL on take off mode

about 5 years ago

The stock is buzzing today morning, opening 3% higher at Rs.1098 and going up to an intraday high at Rs.1113. Its 20% UC for the day is at Rs.1281.10

KIOCL at new high

about 5 years ago

The stock, which had closed yesterday at Rs.297.30, opened today morning at Rs.304.80 and went up further to hit a new high at Rs.314.

Bharat Dynamics rises 7%

about 5 years ago

The stock is a strong gainer today morning. It rose 7% to hit an intraday high at Rs.399. Its 20% UC of the day is at Rs.447.20.

Metal stocks tumble

about 5 years ago

The BSE Metal Index is down in the red, with all 10 stocks tracked in this index, in the red. Tata Steel is the biggest loser, among the top fiver losers on the BSE, down 4% at Rs.1118.50.

Sugar stocks turn bitter

about 4 years ago

Sugar stocks lead the losers pack on the BSE. Balrampur Chini, Dalmia Sugar, Dwarkesh Sugar, Triveni Eng, EID Parry, Dhampur Sugar, Shree Renuka; all the stocks have turned bitter today.

HAL takes off

about 4 years ago

The stock is up in the green today morning, rising 4% to an intraday high at Rs.1805 on the back of around 10k shares changing hands. Its 52-week high is at Rs.1970.

HFCL hits new high

about 2 years ago

The stock, which had closed at Rs.117.80, opened at Rs.123.15 and rose to a new 52-week at Rs.129.

Apar Industries hits new high

about 4 years ago

From yesterday’s close of Rs.1689.45, it opened higher today at Rs.1750.10 and rose to Rs.1999, hitting a new 52-week high. Volumes have surged almost 3.5x.

CG Power at new high

about 2 years ago

On the back of an over 5.5x surge in volumes, the stock is right there today among the top five gainers on the BSE. Rising 7%, it hit a new 52-week high at Rs.584.90.

Welspun Corp creates buzz

about 3 years ago

The stock has created some buzz on the Street today, thanks to the new order received, rising almost 4.5% at Rs.586. Its 52-week high is at Rs.625.

Dixon Tech at new high

about 3 years ago

From its close of Rs.6372.15, the stock opened over 1% higher at Rs.6456.55 and went on further to hit a new 52-week high at Rs.6764, up over 6%. Volumes have more than doubled.

JSW Infra hits new high

about 3 years ago

From its close of Rs.202.80, the stock opened higher at Rs.217.70 and went on to hit a new 52-week high at Rs.220. Profit booking came in at the highs and the stock is now trading at Rs.212 levels.

R R Kabel debuts at premium

about 3 years ago

As against the IPO price of Rs.1035, the stock got listed on the BSE at Rs.1179, a premium of 14% and rose to a high of Rs.1198, up 16% and is now trading at Rs.1161 levels.

Bajaj Auto skids on Nigeria

about 4 years ago

The stock, at the beginning of Sept was trading at around Rs.4040 levels and since then has only fallen. Yet, it never surpassed its 52-week low of Rs.3125.80, hit in March’22.

Dalmia Bharat gets sweet!

about 4 years ago

Sugar stocks are back in the reckoning today with Dalmia Bharat Sugar leading the pack of gainers in the sugar sector as well as on the top five gainers on the BSE.

Sugar stocks turn sweet

about 4 years ago

Thanks to this, sugar stocks are currently among the top gainers on the BSE. Dalmia Sugar, EID Parry, Balrampur Chini....

Steel stocks steal limelight

about 4 years ago

Following this news, Jindal Stainless, Godawari Power, JSW Steel, Jindal Steel and Power and NMDC are all gainers today, trading in strongly in the green.

Force Motors on good roads

about 4 years ago

The stock price rose over 8% to hit an intraday high at Rs.1471.80 and is currently trading at Rs.1468 levels. Its 52-week high stands at Rs.1740, hit in Nov’21.

Chennai Petroleum down 15.5%

about 4 years ago

The stock declined almost 15.5% today at Rs.198.30 on the back of a major surge in volumes. Its 20% LC for today is at Rs.187.35.

KRBL hits a new high

about 4 years ago

That’s the only reason why after falling consistently for past couple of days, going on to hit a new high today at Rs.372.

Bharat 'Forging 'ahead!

about 4 years ago

The market was happy with the performance yesterday and today too, the momentum on the counter continues; among the top five gainers on the BSE, it opened 1.5% higher at Rs.747.50

HAL soars to new high

about 4 years ago

The stock which had closed yesterday at Rs.1938.45, opened higher today at Rs.1960 and went on to hit a new high at Rs.2034.35.

Tata Metaliks down over 8%

about 4 years ago

The stock opened over 5.5% lower at Rs.662 and went down further to an intraday low at Rs.645, going down over 8%.

Kwality tweaks taste buds!

about 13 years ago

Kwality (KDIL), a well known dairy product company is today in the limelight. The stock which had closed yesterday at Rs.31.60 opened at Rs.33.50 and went on to hit an intra day high at Rs.35.80. The stock remains firmly in the green, up almost 7.5%. The flurry of buying on the counter of KD ...

Bliss GVS Pharma gets a 'side effect'

about 13 years ago

Bliss GVS Pharma, Mumbai based female contraceptive maker, is down close to 13% at Rs. 33.30, after the company denied its management being in talks with Pfizer to sell a unit or stake in the company. Company has categorically denied running a sale mandate based on the rumours floating on social ...

BEST BUYS FOR DIWALI

about 14 years ago

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

EVENTS THAT WILL SHAPE 2016

about 11 years ago

2015 is gone and 2016 is in. All the partying is over, maybe the hangover still persists..... For many, 31st December is just the end of a month and the beginning of a new month. Yes, it means a change in the year but that's something which has no real impact on our lives. The habits, traits, characters, routine which we had on 31st are what you will have on 1st Jan, 2nd, 3rd and so on. Thus spiritually or philosophically

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

about 11 years ago

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

Q4FY16- WHAT LIES BENEATH?

about 11 years ago

The much expected RBI rates cut has come and gone. Despite the announcements, the markets remain range bound as next week onwards, fourth quarter performances would start coming in. All eyes are now on the Q4 performances and with all round slowdown, results are not expected to be good in most of the sectors. There are some sectors which have bucked the trend

BUDGET FY17 - GAINERS AND LOSERS

about 11 years ago

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

EMPIRE OF THE RISING YEN

about 11 years ago

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

RUPEE AT NEW LOW - HEADING TOWARDS 70, FAST AND FURIOUS!

about 11 years ago

All attention has now been diverted from the falling stock markets to the falling vis-Ã -vis the US dollar. Today, the Rupee hit a new 28-month low at Rs.67.47, a level last seen on 4th Sept 2013. In FY16, the rupee till date has fallen 7.34%. Almost all Asian currencies across the board showed a fall, except Japanese Yen. Singapore dollar, Chinese yuan, Taiwan dollar, Hong Kong dollar, Malysian Ringgit and Chinese Rupiah - all were down.

SHIP AHOY! IRAN CALLING.....

about 11 years ago

The waters of Iran, which saw small ripples, is all set of witness a storm. Shipping and logistic companies around the world are setting sail to Iran, a place which had been out of bounds for so long. With the lifting of sanctions, Iran is the place to head! For the first time since 2012, the world's second largest shipping line by volume - Mediterranean Shipping Co. SA sailed into the Iran port - it carried a huge load of 300

VENEZUELA - THE POLITICS OF DOING BUSINESS

about 11 years ago

In this new flat world, where a tremor felt in one remote region of the globe could send shivers down the spine of some other far flung country . Globalisation is indeed a double edged sword.Take this latest case. Venezuela and we Indians have very little in common and could not have been farther - across the Indian ocean, some, 15,000 kms away. Yet, we are feeling the impact of the National Assembly elections here in India. Modi's winning might not have

APPLE’S TERMS AND CONDITIONS – HOPE GOVT DOES NOT SAY “OK JAANU!”

about 10 years ago

Apple is once again setting shop in Bangalore and that too to make its iconic iPhone. But because it is the most valued or aspirational smartphone on earth, Apple is not going to accept its treatment in India like other mere mortals. It wants to set shop in India to increase its own earning but it has

GOVT STEPPING ON THE GAS - SPEED THROUGH WINTER SESSION TOO?

about 11 years ago

The Govt is going all out to win back some of its lost faith. It is not able to bring down the cost of dal and veggies; so it is doing what it does the best - whip up the market with a slew of chest beating announcements. Yesterday, the Sensex crashing 381 points really got the full attention of the Govt; as such the Govt is tuned to the market movements thus yesterday's mournful thud would have most certainly propelled it to act.

DAL-CHAWAL BECOMES A DELICACY

about 11 years ago

The population keeps on increasing but pulses output has not kept pace with this growth - output is up less than 2% during the past 20 years. Acreage has risen less than 0.8% and yield rose just 0.9%. Pulses are not a cash crop and this means over a period of time, less and less area comes under pulses production.

ANOTHER US FDA WARNING - VICTIMS OR INDEED GUILTY?

about 11 years ago

Today, since morning, Dr.Reddy's Labs has been the top loser with the stock losing 15% in intra day trades. And the same ghost has come back to haunt - US FDA. It's almost like, "Say boooo!" and the entire pharma sector stocks shiver and cover in fright. Dr.Reddy's is one of the best run companies of India. In fact it is one of the finest examples of a thorough bred Indian company, which is an example of a best run company is today under the FDA scanner. When companies like these start getting warning letters, you cannot help but wonder if there is indeed

BAJAJ QUADRICYCLES - EUROPE WILL GET IT BEFORE US!

about 11 years ago

One big news which pretty much got submerged in all the other deluge of news was that of Bajaj Auto. The largest two-wheeler company of India has most certainly got a coveted feather in its cap - it has become the first Indian company to have got a European Whole Vehicle Type Approval

CHINA CATCHES COLD - WILL THE WORLD GET A FEVER?

about 11 years ago

The second largest economy in the world, China, no doubt is slowing down. And as its fast moving wheels start reducing speed, the sudden brakes are sending sparks all around the globe. When it does come to a slow trot, the impact on the rest is sure to be felt. What we are seeing in the world today is two of the largest economies in the world pulling into two different directions. America, the largest economy in the world is moving towards growth,

Who scores better - Infy or TCS or Mindtree?

about 11 years ago

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

NSG - THE CHINESE WALL SEEMS UNSURMOUNTABLE

about 10 years ago

The recent five-country visit by our PM was essentially about the NSG. And all reports, at least in the Indian media, say that it went very well and India could very well become a member. For common people like us, NSG means something to do with nuclear". That's all that we know. But what we learn today is that this membership is essential, a very big deal for India. China is not supporting our entry

UNION BUDGET FY18 – BRINGS ALL AROUND CHEER!

about 10 years ago

Overall, the Budget, as usual has been very good for the farmers, the poor, women, those living in rural areas and for those earning less than Rs.5 lakh per annum. If you are rich and earn more than Rs.50 lakh per annum – this budget does not bring any cheer, only more surcharge. For the market, it has been a good budget. No reduction in corporate tax rate was softened by the no change in long term capital gains tax.

MARKETS AWAIT 2nd JUNE, 11 AM - ALL EYES ONLY ON RBI

about 12 years ago

So the big day is tomorrow and the Indian stock markets are in a "waiting" mode. The lackluster mood on Dalal Street today saps out whatever little energy the heat has already not sapped out. All are waiting for 11 AM tomorrow - will he or won't he is the big question. If Rajan were to look at the GDP numbers of Friday, he does not have too much reason to reduce rates. The growth rate of 7.5% in Q1FY16 shows that the economy is doing well;

RBI DOES THE EXPECTED – NO RATE HIKE AND TONE IS HAWKISH

about 9 years ago

RBI did today what was widely expected. The rates were kept unchanged and post the Budget, once again as was widely expected, the comment was mostly hawkish. The Monetary Policy Committee (MPC) raised its inflation forecast and kept its inflation target at close to 4% while highlighting the risks which could increase inflation.

NO MORE THE ‘PREFERRED’ ONE…

about 8 years ago

Protectionism is at its peak. USA, or rather, Trump feels that the entire world has been having a party at the cost of his country. And he is trying all he can to end this party. He has already fired salvos as China and India has always been on his radar. Starting with H1B, then tariffs on steel, he has made it clear that barriers will only go up further. But raising barriers at a time when the world cannot survive without globalization

LIFE AFTER 10 YEARS OF LEHMAN CRASH

about 8 years ago

We always say, “look at the bigger picture”. But it is only when we look from far, keeping a distance from the big picture that we come to realize that it is the details which go on to create the big picture. The trick is to not lose ourselves, neither in the details nor in the big picture

Rs.70 THE NEW NORM FOR INDIAN RUPEE?

about 8 years ago

There is a sense of unease on Dalal Street. And also on Mint Street. Stocks as well the rupee are down in the red and the mood is that of great uncertainty. The rupee crossed the Rs.72-mark yesterday and the plunge was arrested only on account of RBI intervention. Though Finance Minister Arun Jaitley

RUPEE AT NEW LOW – HEADING TOWARDS 70, FAST AND FURIOUS!

about 8 years ago

All attention has now been diverted from the falling stock markets to the falling rupee vis-à-vis the US dollar. Today, the Rupee hit a new 28-month low at Rs.68.95. The rupee's last record low was 68.8650 per dollar, hit on November 24, 2016.

PNB FRAUD INTERNAL REPORT – FRUSTRATING AND DEPRESSING

about 8 years ago

The 162-page internal report of PNB says it all. The fraud was there to see but the typical attitude of Govt organisations, to flout norms and rules, blatantly doing away with all good practices; that’s what led to this scam. The PSU banks are so quick to show us, the customers, the rule book every time we question some meaningless rule; if only they had followed the rules….

BEKAARI DATA IS BEKAAR?

about 9 years ago

A country which tracks CPI, WPI, IIP, Fiscal deficit, GDP, forex kitty and so obsessed about growth – how come this macro data is simply not considered to be important enough? Well, there is one small way in which we can save our face – Center for Monitoring Indian Economy (CMIE) provides a day-to-day unemployment data – it is displayed on the BSE website, right above the Sensex ‘up and down’ data – right on the masthead!

ECONOMIC SURVEY: F1Y9 COULD BE A DREAM BUT FOR.....

about 9 years ago

The Survey expects the FY18 GDP at 6.75%, similar to what it has estimated in FY17 Survey. It expects FY19 growth at 7 to 7.5%. This is good news as it expects the economy growth engine to take off in FY19. It is banking on private sector investment to take off and aid this growth. But putting in an air of caution, the FM has said that the takeoff of the private sector investment depends on resolution of stressed assets and recapitalisation of banks; if the NPA resolution does not happen as scheduled, the private capex cycle may take longer to pick up.

BS (III) TO MAKE WAY OR BS (IV) AND COMPANIES CRY FOUL

about 10 years ago

What the SC did what was right – this was not new news. There should have been no confusion at all as this was already very known, that both sale and registration will be banned. To now cry foul is just unfair. The companies did not move fast enough to change their production tracks to match the BS (IV) norms, so how can anyone else be blamed for the pile up of inventory?

MIRED IN “APPROVALS” NOT SO CUTE FOR QUTE!

about 9 years ago

Five years after its launch in 2012 at the Delhi Expo, Bajaj’s R60 or Qute as it is branded, has finally got the green signal from the Ministry of Road Transport and Highways. It has agreed to give it the category of “quadricycle.” This was a big bone of contention. Bajaj had designed the vehicle as a quadricycle which is like an autorickshaw but with four wheels.

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

about 9 years ago

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

WHEN US FDA MEETS INDIAN PHARMA COMPANIES...

about 9 years ago

This is the thought which comes to mind when we read this news today about Biocon also being pulled by the ‘villain’ of Indian pharma companies – the U.S. Food and Drug Administration (U.S. FDA). The stock was down today as its Bengaluru unit has received ten observations on Form 483 by the FDA. This ranges right from nonconformity to procedures and lack of trained and skilled employees

RBI CUTS RATES – MARKET MERELY YAWNS!

about 9 years ago

Damned if you do and damned if you don’t! That in short is how the market reacts to RBI policies. If RBI had not announced a 25 bps cut, the markets would have tanked, expressing deep anguish. And now that RBI has announced a 25 bps rate cut, the market felt, “what’s the big deal?” and citing this as a “no surprise” policy, ended the day in the red.

CHEVROLET LEAVING INDIA – ONE CAR LESS ON THE CONGESTED ROADS!

about 10 years ago

Travel on the roads of Indian cities, it is only Maruti that you see all around and then we also see a fairly large number of Honda’s, Mahindra, Hyundai and quite a large number of Skoda’s too. You see many brands but very rare is the sight of a Chevrolet, from the stables of General Motors (GM).

WHY IS PATENT STILL A DIRTY WORD IN INDIA?

about 10 years ago

What does the word ‘patent’ convey? Most of the times, the first thing that comes to mind is a pharma company fighting for patent or a patent war between Apple and Samsung or Microsoft. In the Indian context? Well, at the most, it brings to mind the fight for basmati patent couple of years ago. But abroad, patent is a lucrative business in itself and companies vie with each other, acquiring patents and building an armor of viable patents for the future.

TIME TO LEGALIZE LOBBYING?

about 10 years ago

Mr.Sharma’s neighbor is the principal of the school in his area. They are acquaintances, not buddy pals. But now Mr.Sharma’s son is getting ready for school and he needs an admission in the very same school. Well, Mr.Sharma is now trying to breach the level of relationship from mere acquaintance to pals. He now does not miss a single opportunity to strike....

NESTLE WILL NEED MORE THAN "DO MINUTE" TO RECOVER

about 12 years ago

The presence of lead beyond the prescribed limits was shocking to say the least. It was shocking because - we Indian trust MNCs. We think that it is a Nestle or a P&G, it has be the best quality. We do not even have an inkling of doubt. But at the same time, if this had happened at say, a Marico or Emami, we would have shrugged our shoulders and said nonchalantly, "desi company, what do you expect?" This unequivocal faith in MNCs is dented permanently. If it had been some other brand of food, we might not even have heard the sound of this breaking of faith but because it was Maggi, virtually a must-have-food in every household,

AFTER THE DIVORCE - HERO AND HONDA, BOTH GROW STRONGER

about 12 years ago

It's been four and half years since the divorce and both, Hero as well as Honda have learnt to lead and live separate lives, so much so that one is left wondering if they were married at all in the first place. That what enterprise and growth does to even a 26 year old relationship. Hero and Honda decided to part ways in December 2010 and this winter, their split would mark 5 years of separation. This 'five year' mark is very significant as Hero