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Max Financial Services down in the red

about 10 years ago

Max Financial Services is the second top loser on the BSE, going down almost 9.5% to an intra day low at Rs.563.25.

Max Financial jumps 9%

about 8 years ago

Max Financial Services (MFS), the holding company of Max Life Insurance, is the top gainer on the BSE since opening bell, obviously enthused with its earnings for Q2FY19.

PTC India Financial on a roll!

about 13 years ago

PTC India Financial Services is doing very well today morning on the back of its encouraging numbers for Q4Fy14 and FY14. The stock has hit a new 52-week high today at Rs.19.50 and it continues to remain around the same levels. This 60% subsidiary of India’s largest power trader PTC In ...

Max Financial is top gainer

about 10 years ago

Max Financial Services hit a new 52-week high today at Rs.514.40, briefly breaching the 20% UC. It has since then cooled down a bit and is now at Rs.498, up over 16%. Volumes have jumped up 9 times. Max Life, which is a JV between Max Financial (68.01% stake) and Mitsui Sumitomo Insurance (2 ...

M&M Financial down 5%

about 10 years ago

Mahindra & Mahindra Financial Services is amongst the top five losers on the BSE, down almost 5% at Rs.324 levels, its intra day low levels.

Ujjivan Financial slips and falls

about 10 years ago

Ujjivan Financial Services slipped almost 6% intra day to Rs.379 on the back of its poor show for Q4Fy17. It has recovered from there but remains firmly in the red at Rs.387 levels currently. Its 52-week low is at Rs.217.05.

Edelweiss Financial at a new high

about 9 years ago

Edelweiss Financial Services is among the top three gainers since opening bell. It has hit a new high at Rs.200.70, up almost 8.5% and continues to remain strongly in the green.

Ujjivan Financial becomes brighter

about 9 years ago

Ujjivan Financial Services figures amongst the top five gainers on the BSE, going up 6.5% to Rs.346 and remains firmly in the green.

Oracle Financial falls as parent falls

about 13 years ago

Oracle Financial Services is the second top loser after TCS on the BSE. The stock which had closed yesterday at Rs.2907, opened higher at 2910 and even went on to an intra day high at Rs.2929 but soon slipped to the day’s low point at Rs.2820 and is currently around the same levels. Yesterd ...

Ujjivan Financial in good health

about 8 years ago

Ujjivan Financial Services is one the major trending stocks on the bourses today, figuring among the top five gainers. It rose 7.5% to Rs.305.65,

M&M Financial hits new low

about 7 years ago

M&M Financial Services hit a two-year low today at Rs.289.15; though it has jumped back to Rs.310 levels, it is currently the top loser on BSE.

Polaris Financial up 3%

about 13 years ago

Polaris Financial Technology is seeing some activity since yesterday. The stock opened today higher at Rs.207.90 and hit an intra day high at Rs.211.80 and it currently remains around the same levels, up around 3%. The stock is up after the company announced that Sweden's central bank, S ...

M&M Financial pulled up

about 4 years ago

Following this news, M&M Financial fell almost 14.5% to hit an intraday low at Rs.192.05, not too far from its 15% LC of the day at Rs.190.20.

Bharat Financial back in green

about 10 years ago

Bharat Financial Inclusion is back on the gainers list, the top gainer on the BSE currently, up almost 8% at Rs.517.70. The same stock had been relentlessly beaten down and even today, it went down to the month’s low at Rs.465.40. Today, nothing has changed fundamentally for the s ...

eClerx Services in the limelight

about 10 years ago

eClerx Services hit a new 52-week high today at Rs.1755, with a 11.55 times rise in volumes. The much awaited Board meeting was held yesterday and it approved the proposal for buyback of equity shares of the company for an aggregate amount not exceeding Rs.234 crore. The buyback price was fi ...

Polaris Financial hits new high, again

about 12 years ago

Polaris Financial Technology hit a new high on Friday at Rs.239.80, Monday its new high was at Rs.246.40 and even today, the stock hit another new high at Rs.250.60. The stock currently has come off the high but remains up almost 3% at Rs.249 levels. The trend at the moment is that momentum ...

HOV Services hits upper circuit

about 13 years ago

HOV Services is locked on the 5% upper circuit at Rs.83.25; it opened at Rs.82.80 and then immediately hit the circuit. The stock is up after the company informed the stock exchange today morning that it’s wholly owned subsidiary in USA, SourceHOV has appointed Morgan Stanley to explor ...

Ujjivan Financial is a bright star

about 10 years ago

Newly listed stock, Ujjivan Financial is easily the brightest shining star on the bourses today, rather for the few days. It has been consistently in the green, hitting new highs on 29 and 30th June and then again yesterday at Rs.420.90 and now today too at Rs.427.40. The stock had got liste ...

JM Financial hits new high

about 13 years ago

JM Financial has hit a new 52-week high at Rs.31.75, with an over 3 times surge in volumes and even now, it continues to hover around the high levels. The stock has shot into the limelight today on unconfirmed news that Azim Premji of Wipro, is planning to buy an additional 5% stake in the c ...

Bharat Financial overreacts

about 10 years ago

Bharat Financial presented its collections and disbursements status, post the demonetization. And if one takes the time to actually read through it, you will realise that despite the circumstances, it has actually done well. The company has informed that as at 15th December 2016, 98.6% of ce ...

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.

Bharat Financial is top gainer

about 10 years ago

Bharat Financial Inclusion (formerly SKS Micro) is the top gainer on the BSE since opening bell. The stock, intra day , rose 7.5% to Rs.726 and continues to remain at the same level.

Ujjivan Financial in a bright spot

about 7 years ago

Ujjivan Financial is in a bright spot today morning. The stock has gaining for the last 2 days and has risen 2.82% in the period.

Bharat Financial hit by loan waiver

about 10 years ago

Bharat Financial Inclusion had closed at Rs.818.35 on Monday and today, it opened lower at Rs.810, going down to an intra day low at Rs.786.65.

HOV Services up almost 15%

about 13 years ago

HOV Services is currently up almost 15% at Rs.37.20, with an intra day high at Rs.38.90. Its 52-week high is at Rs.43. The stock has zoomed up today on unconfirmed news that the company has put its BPO unit, SourceHOV on the sale block. And the company is asking for a valuation of $1.2 ...

RBI's FINANCIAL STABILITY REPORT - PLIGHT OF THE PSU BANKS

about 12 years ago

In the 2013-14 Financial Stability Report, an annual feature paints a very gloomy picture for the Indian banking sector. In comparison, its picture about the Indian economy is much rosier and optimistic. But it's like this - if one limb of the body fails, the entire body gets affected. So when something as vital

JM Financial hits new high

about 14 years ago

JM Financial has hit a new 52-week high today at Rs.27.50 and it remains around the same levels, up over 15%. Volumes are huge at almost 96 lakh shares compared to just over 10 lakh shares over past two weeks average. The stock, as expected hit the roof on ex-Citigroup CEO, Vikram Pandit pic ...

Bharat Financial

about 9 years ago

Bharat Financial Inclusion rose 1.5% to the day’s high point at Rs.749.50 and is currently holding onto the green.

IndusInd and Bharat Financial buzzing

about 9 years ago

IndusInd Bank hit a new high today at Rs.1723.20 and Bharat Financial Inclusion is up 2% at Rs.953; it has been hitting a new high consistently for the past two trading sessions. Its 52-week high stands at Rs.955.95.

Bharat Financial on a 52-week high

about 10 years ago

Bharat Financial Inclusion which is the new name for SKS Micro hit a new 52-week high today at Rs.825.80. Its lifetime high stands at Rs.1490.70, hit on 28th Sept’10. The market is very happy with the company’s performance for Q1FY17. Its posted an almost four times or ...

NCL Industries rises 9%

about 8 years ago

NCL Industries rose almost 9% to Rs.131.90, with some 7300 shares changing hands. Its 52-week high and low stands at Rs.310 and Rs.120.40 respectively.

Ujjivan Financial

about 11 years ago

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Bharat Financial

about 16 years ago

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Jio Financial up in green

about 3 months ago

The stock rose 4.01% in Friday’s intraday trade.The stock was trading at Rs. 245.10, up Rs. 9.45 from its previous close of Rs. 235.65.The stock opened at Rs. 247.30 and touched an intraday high of Rs. 249.90.

Max Financial at new high

about 7 years ago

The stock is currently the top gainer on the BSE. The stock, opened higher today at Rs.541.10 and went on to hit a new 52-week high

MAS Financial

about 9 years ago

Verdict :Expensive, but good
Subscription Start Date :06 Oct 2017 End Date :10 Oct 2017
Issue Size : 460 crore, Issue Type : Fresh cum OFS
Price Band : Rs.456 to Rs. 459
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Overall Subscription : 128.39x
QIB : 148.33x,HNI :378.53x,Retail :15.97x,Other :2.41x
Listing Date : 18 Oct 2017, , Listing Price : 660

M&M Financial slips

about 3 years ago

The stock is currently the top loser on the BSE; the stock opened 6.5% lower at Rs.258.95, going down over 11.5% to an intraday low at Rs.245.05 and volumes are up 6x.

Jio Financial volatile

about 3 years ago

The stock got listed on the BSE at Rs.265, which is not too far from its discovered price of Rs.261.85.

Max Financial at new high

about 6 years ago

From its close of Rs.549, it first hit the 15% UC at Rs.604.65 and then went on to hit a new high at Rs.630.90

Max Financial at new high

about 6 years ago

The stock opened itself almost 5.5% higher at Rs.899.30 and then rose to hit a new high at Rs.938.65. Volumes are up almost 2x.

Max Financial becomes "NO"

about 7 years ago

The stock is currently the top loser on the BSE. From yesterday’s close of Rs.605.05, it opened lower at Rs.565

M&M Financial rides high

about 6 years ago

The stock price opened almost 10% higher at Rs.228 and then came off this days high and is now trading at Rs.217, up some 4.5%.

Mahindra Financial rises high

about 4 years ago

The stock is doing great; the stock opened 2.5% higher at Rs.264.85 and went on to hit a new high at Rs.277.95, an over three-year high.

M&M Financial down 17%

about 7 years ago

The stock, which has closed on Friday at Rs.168.40, opened at Rs.164 and literally fell through the floor to Rs.139.10, a fall of over 17.5%

Rubicon Research

about 1 year ago

Shines like a Ruby!
Subscription Start Date :9 Oct 2025 End Date :13 Oct 2025
Issue Size : Rs. 1377 cr, Issue Type : Fresh cum OFS
Price Band : Rs.461 to Rs. 485
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Overall Subscription : 103.9x
QIB : 130.26x,HNI :97.61x,Retail :35.47x,Other :16.8x
Listing Date : 16 Oct 2025, , Listing Price : 620

JM Financial down 19%

about 3 years ago

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

HDB Financial

about 1 year ago

Banking on the ‘HDFC’ badge
Subscription Start Date :25 Jun 2025 End Date :27 Jun 2025
Issue Size : Rs. 12,500 cr, Issue Type : Fresh cum OFS
Price Band : Rs.700 to Rs. 740
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Overall Subscription : 16.69x
QIB : 55.47x,HNI :9.99x,Retail :1.41x,Other :4.26x
Listing Date : 2 Jul 2025, , Listing Price : 835

Geojit Financial jumps 5.5%

about 6 years ago

The stock price has reacted in a muted way to this performance; it initially rose over 5.5% to Rs.41.30 and is now trading at Rs.39 levels

TeamLease Services

about 11 years ago

Price Band : Rs. - to Rs. -
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Financial Tech at new low

about 13 years ago

Financial Technologies (India) is currently the top loser on the BSE, down by a whopping 33% at Rs.365, hitting a new 52-week low. Volumes have risen over 4 times. The lower circuit limit is at Rs.595.70. The stock has hit rock bottom National Spot Exchange (NSEL) suspended trading of a ...

Travel Food Services

about 1 year ago

A Delightful Pick
Subscription Start Date :7 Jul 2025 End Date :9 Jul 2025
Issue Size : Rs. 2,000 cr, Issue Type : OFS
Price Band : Rs.1045 to Rs. 1100
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Overall Subscription : 2.88x
QIB : 7.7x,HNI :1.58x,Retail :0.69x,Other :1.72x
Listing Date : 14 Jul 2025, , Listing Price : 1125

M&M Financial hits new high

about 4 years ago

The stock is undoubtedly the newsmaker today; from its close of Rs.229, it opened higher today at Rs.232.20 and went on to hit a new 52-week high at Rs.243.60

JM Financial in good books

about 5 years ago

The stock has reacted positively to these earnings, opening 4% higher at Rs.107.75 and going up to an intraday high at Rs.109.40. Its 52-week high is at Rs.117.55.

Max Financial down 2%

about 6 years ago

The stock price fell 2% or Rs.10 to its intraday point at Rs.538.90. Its 52-week high is at Rs.611.05 and low at Rs.279.75.

Skyways Air Services

about 2 months ago

A Turbulent Flight
Subscription Start Date :24 Aug 2026 End Date :27 Aug 2026
Issue Size : Rs. 583 cr, Issue Type : Fresh cum OFS
Price Band : Rs.131 to Rs. 138
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Overall Subscription : 71x
QIB : 140x,HNI :87x,Retail :25x
Listing Date : 31 Aug 2026, , Listing Price : 124

Updater Services

about 3 years ago

Nothing Upbeat about it
Subscription Start Date :25 Sep 2023 End Date :27 Sep 2023
Issue Size : Rs 640 cr, Issue Type : Fresh cum OFS
Price Band : Rs.280 to Rs. 300
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Overall Subscription : 2.96x
QIB : 4.5x,HNI :0.89x,Retail :1.45x
Listing Date : 4 Oct 2023, , Listing Price : 299

Geojit BNP Paribas defers quarterly results

about 13 years ago

Due to unavoidable circumstances, Geojit BNP Paribas Financial Services has postponed its meeting of Board of Directors scheduled for today 15th October. This board meeting was essentially to consider and publish the company’s financial results for quarter and half year ended 30th September ...

Bharat Financial slumps 6%

about 10 years ago

Yesterday, there was a conference call with analysts scheduled with management of Bharat Financial. And the market was not very happy with what emerged out of the call.

Gujarat Gas up over 9%

about 13 years ago

Gujarat Gas is up currently over 9% at Rs.242.40, with an intra day high at Rs.253.35. Volumes are up over 10 times. The stock is up after the board members approved merger of company with four other companies - GSPC Distribution Networks, GSPC Gas, Gujarat Gas Financial Services and Gujarat ...

Capital market stocks rally

about 7 months ago

The move triggered a broad risk-on rotation across the “market infrastructure + broking + wealth/AMC” basket, with Motilal Oswal Financial Services up 8% and BSE up 6.9%, while names such as Angel One, CDSL, CAMS, Kfin Tech, Nippon Life India AMFI, HDFC AMC, IEX and MCX

Ujjivan tanks post IPO plans

about 7 years ago

Ujjivan Financial Services is in the limelight today and not much in the positive way. The stock opened at a loss of almost 7% at Rs.265, going down to an intraday low at Rs.261.70, down 8%.

Sastasundar Ventures jumps 17%

about 7 years ago

Sastasundar Ventures, earlier known as Microsec Financial Services is in the limelight in todays trade. The stock price opened with a gain of 10% at Rs.107

AB Capital has a bumper listing!

about 9 years ago

The financial services arm of AV Birla group, Aditya Birla Capital got listed on the BSE today at Rs.261.20 as against expectations of around Rs.120-140.

TeamLease Services at lifetime high

about 9 years ago

TeamLease Services, which is engaged in staffing and human resources provider, hit a lifetime high today at Rs.1953. It has come off the highs but remains 15% up at Rs.1914 levels.

TCS slumps on weak Q3 outlook

about 12 years ago

TCS is amongst the top weak scrips on the bourses today. The stock is obviously reacting to the Investor/Analyst meet held on Friday, wherein, it warned that Q3 revenue growth could get weaker due to seasonality pressure and pressure in the Banking, Financial Services and Insurance (BFSI) busines ...

Exide up and about

about 13 years ago

Exide Industries is up almost 2% at Rs.129.30, with an intra day high and low at Rs.130.20 and Rs.127.90 respectively. Volumes remain muted at 20,000 shares. The stock is up on news that Canada based Manulife Financial Services will be buying 26% stake in ING Life Insurance. The deal was val ...

Financial Tech up over 5%

about 13 years ago

Financial Technologies has spiked up today, currently up over 5% at Rs.190.70, with an intra day high at Rs.201.50. The toll of the entire NSEL saga is visible in the price, which in Jan had hit a new 52-week high at Rs.1198. Today, the beleaguered stock has risen on news that it is selling ...

RIL – FINANCIAL PERFORMANCE MEETS ESTIMATES

about 8 years ago

The company, as many have stated, posted a flat set of performance for Q4FY19 and once again, Reliance Jio proved to be a big driver. The numbers actually were very much in synch with what our Editor, Mr.SP Tulsian had recommended. As against his estimates of a PAT of Rs.10,475 crore, the actuals came in at Rs.10,362 crore.

Oracle Fin slumps over 2%

about 13 years ago

Oracle Financial Services was down over 2% at Rs.2896.95, with an intra day low at Rs.2805. Volumes are also up over 10 times from 2900 shares to around 22,000 shares today. The stock has tanked following a poor performance as it posted a consolidated net profit at Rs.366 crore, down 1 ...

M&M Fin continues to sulk

about 14 years ago

Mahindra & Mahindra Financial Services continues to sulk even today on the bourses. It remains amongst the top losers on the BSE, currently down almost 4.5% at Rs.226 closer to its intra day low point of Rs.223. The stock is down after the company stated that it has decided to not apply ...

Oracle Fin hits new low

about 14 years ago

Oracle Financial Services is not doing too well today morning. The stock is currently down 2393 and this is after it hit a new 52-week low today at Rs.2350, the low at which it opened for trading. The stock has hit a low after the company disappointed the market by setting its Offer For Sale ...

PTC India Fin down in the red

about 14 years ago

PTC India Financial Services is down in the red today , following its disappointing set of numbers for Q4FY13. The stock is currently down 3% at Rs.14.86, with an intra day low at Rs.14.70. Market cap stands at Rs.835 crore. The company is a subsidiary of PTC India, which holds 60% sta ...

Oracle Fin top loser on BSE

about 14 years ago

Oracle Financial Services Software is currently the top loser on the BSE currently. The stock is down over 5% at Rs.2570 and this is a recovery from the day’s low point at Rs.2535.55. The stock has slumped as the market was expecting the company to announce delisting but instead, promo ...

Financial Tech at a new low

about 13 years ago

Financial Technologies has hit a new 52-week low today at Rs.587.50 and though it has recovered from this low level, it remains in the red, currently down 5.6% at Rs.595.75. The stock is painted a deep hue of red after the Govt asked National Spot Exchange (NSEL), a subsidiary of consumer af ...

Financial Tech on the rise

about 14 years ago

Financial Technologies is doing well today morning. The stock opened higher at Rs.805.90 and went on to hit an intra day high at Rs.815 and it is currently at around the same levels. The stock is up in the green on news that the promoter of the company, Multi Commodities Exchange has begun s ...

M&M Financial jumps up

about 14 years ago

The second top gainer on the BSE after Jet Airways is Mahindra & Mahindra Financial. The stock opened today at Rs.214 and went on to the day’s high point at Rs.225.25 and it currently remains at around the same levels, up almost 9%. Volumes are around 3 lakh shares. Market cap is at Rs. ...

eClerx Services at new high

about 5 years ago

The stock, which had closed yesterday at Rs.2145.90, opened higher at Rs.2350 and went on to hit a new high at Rs.2474.75.

TeamLease Services at lifetime high

about 9 years ago

TeamLease Services, which is engaged in staffing and human resources provider, hit a lifetime high today at Rs.2184.95. It had hit the previous lifetime high on 8th Nov at Rs.1953

RELIANCE INDS Q4FY18 – IN LINE WITH STREET EXPECTATIONS

about 9 years ago

Reliance Industries posted Q4FY18 which were very much in line with the Street expectations. Consolidate net profit remained almost status quo on a sequential basis and YoY, it rose 17% at Rs.9435 crore. Mukesh Ambani said, “FY2017-18 was a landmark year for Reliance where we established several records on both operating and financial parameters. Reliance has become the first Indian company to record PBDIT of over US$ 10 billion with each of our key businesses

RBI BACK TO WEARING FLIP FLOPS?

about 8 years ago

In all the revelry of the New Year celebrations, we all probably missed the all-important paper released by RBI on 31st Dec – The Financial Stability Report (FSR). This report assesses risks to financial stability, looks at the resilience of the financial system

Megasoft jumps on new order

about 10 years ago

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

Sharon Bio hits 20% UC

about 10 years ago

The Board of Sharon Bio-Medicine met yesterday and discussed the current financial position of the Company. Based on that, they have decided to introduce more profitable products to increase capacity utilization. The Board has also decided to get the business to move in the regulated markets spec ...

RBI's FSR FOR FY16 - PSU BANKS CONTINUE TO SUFFER

about 11 years ago

This is an annual event - RBI releasing its Financial Stability Report (FSR). Over the past couple of years, it has been a morose picture about the PSU banks and this year too, the FSR for FY16 does not look good for the PSU banks. The fact that these banks are stressed, struggling to survive under a deluge of bad loans - all these are well known and proven truths. So then what is the new thing which this FSR tells us?

Asian Oilfield surges on order

about 10 years ago

Asian Oilfield Services is in the limelight today morning. It scaled up almost 11% at Rs.79.50 but profit booking at that level has not brought the stock to Rs.74 levels, up some 2.5%. The stock surged on the back of good news that it has received Letters of Award (LoA) for two contracts from ...

WHY CAN'T THE INDIAN POST GO PUBLIC?

about 11 years ago

Thus the biggest news to cheer when the RBI yesterday released 11 names eligible to set up payment banks, was the inclusion of Indian Post. This mammoth organization, with reach into the remotest corner of the country is the best unit suited for financial inclusion all through rural India. What is a Payment Bank? This is a niche banking activity where the selected 11 are authorised to collect deposits (initially up to Rs 1 lakh per individual), offer Internet banking, facilitate money transfers and sell insurance and mutual funds. The objectives of setting up of payments banks is to ensure

PwC – FINALLY JUSTICE IS DELIVERED!

about 9 years ago

This is such a big joke! In 2015, the Govt of India employed the services of an external agency – Price Waterhouse to carry out periodic audits of Aadhaar's infrastructure as well as that of its partners for any security hazards. And today, the business headline screams all over – SEBI bars Price WaterHouse (PwC) from auditing listed companies for two years, after finding it guilty in the nearly decade-old Rs 7,136 crore fraud case in Satyam Computer Services.

Polaris hits a new high

about 13 years ago

Polaris Financial Technology is throbbing with activity over the past couple of days. Yesterday, the stock had hit a new high, also breaching the upper circuit at Rs.183.35 and today too, the stock hit a new 52-week high at Rs.204.70. The stock currently remains strongly in the green, up 8%. ...

Axiscades Eng takes off

about 7 years ago

Unmindful of not knowing the financial aspects of the order, the stock price soared today, notching up volumes of almost 5 times.

RBI FSR - STABILITY ON TREACHEROUS GROUND

about 6 years ago

The financial sector as a whole took a beating on the back of the Financial Stability Report (FSR) released by RBI on Friday evening. And it has not painted a pretty picture. We hate to be doomsday sayers but there is indeed trouble on the horizon.

WHAT ARE THE CHANCES OF INDIA POST BECOMING A BANK?

about 13 years ago

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

Portfolio

about 8 years ago

Portfolio or Investment Portfolio refers to the combination of financial assets like stocks, bonds, derivatives, debentures, mutual funds, bullion, property titles, fixed income instruments and cash.

Fortis Healthcare has a sickly pallor

about 10 years ago

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

AMCs spooked by SEBI

about 12 months ago

Stocks down in the red - HDFC Asset Management Co., Nippon Life India, Motilal Oswal Financial Services, 360 ONE WAM, Nuvama Wealth Management, Aditya Birla Sun Life AMC. T

THE TRAGEDY OF HOME BUYERS

about 9 years ago

You have lived in a rented apartment for the better part of your life. Now you saved enough money and decide to put all the life savings in a new home – a permanent roof over your heads which you can call your own. You do your research and sanity check and finally decide to go with a big company. The faith with a big company is that, you believe...

L&T Tech zooms on 'Airbus'

about 7 years ago

L&T Technology Services (LTTS) had closed on Friday at Rs.1487.65 and today, it opened at Rs.1514, which is also the day’s highest point currently.

Cost of Sales

about 8 years ago

Cost of sales comprises the costs which are directly attributable to the production of the goods or supply of services by an entity. It can also be referred as the ‘cost of goods sold (COGS)’.

What is a Trading Session?

about 8 years ago

Trading session is the period where all the financial dealings take place on the exchanges. In India, stock exchanges, or simply stock market, remain open on all weekdays except notified exchange holidays, Saturdays and Sundays.

Shareholder Equity

about 8 years ago

Shareholder Equity, also called owner’s equity or shareholders’ funds or net worth, is calculated as Total Assets minus Total Liabilities. It helps to determine the financial health of the company and represents the book value of the company.

What is the meaning of IndAS?

about 8 years ago

Thus Government of India, with a view to match local accounting and financial reporting with the best practices in the world, introduced Indian Accounting Standards (Ind AS), which are on the lines of IFRS, from 1st April 2015. For the convenience of applicability, IndAS was made applicable in a phased manner.

Sun Pharma Advan down in the red

about 14 years ago

Sun Pharma Advanced Research is deep in the red today. The stock is down currently 3.35% at Rs.124, with an intra day low at Rs.121. Market cap stands at Rs.2934 crore. The stock is in the red following news that the USFDA has rejected its new drug application for an anti-epileptic product. ...

Meaning of Options

about 8 years ago

Options are a financial instrument which offers an investor the right to either buy or sell an underlying asset at a price agreed upon by the buyer and seller at a predetermined date.

Order

about 8 years ago

Placing an order in the financial market exchange is like an instruction to buy or sell the underlying asset on the stock market or bond or commodity market.

Variable Cost

about 8 years ago

Variable cost is the cost that varies with respect to production volume or the amount of services provided. This cost can be Nil if there is no production or service.

HCL Tech rides on Ford buzz

about 14 years ago

HCL Tech is rallying very strong today, opening higher at Rs.787 and going on to hit an intra day high at Rs.792.65 and it currently remains around the same levels at Rs.790, up 2%. The stock is up on buzz that the company has bagged a multi-year infrastructure management services contract f ...

Container Corp hits new high

about 12 years ago

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

Motherson Sumi continues to tank

about 11 years ago

Yesterday, Motherson Sumi tanked over 9% and today also, the counter is in the red. The stock is down almost 4% currently at Rs.252.30 with an intra day low of Rs.239.65. And blame all this fall on Credit Suisse. The foreign research house put out a report voicing concern about its domestic ...

SPARC shows a lot of spark

about 10 years ago

Sun Pharma Advanced Research Company (SPARC) is the top gainer on the BSE currently. The stock rose 7% to Rs.328.15 and it is now at Rs.320, up over 4%. The company announced today morning that it got complete response letter from FDA for Xelpros. The CRL reference for recent FDA ...

BHEL down in the red

about 10 years ago

BHEL is down in the red today, figuring amongst the top losers on the BSE. The stock has slipped almost 3% to Rs.134 levels after the company announced today morning that India Ratings and Research has downgraded its Long-Term Issuer rating on the company to ‘IND AA+' from &ls ...

Bharat Forge rises over 4%

about 10 years ago

Bharat Forge, rose over 4% intra day to Rs.907 and it is now at Rs.896 levels, up 3%. Its 52-week high is at Rs.1075. The stock is up in the green today after Freight Transportation Research (FTR) issued a statement saying that there has been a MoM improvement in August orders for North Amer ...

Nestle's Maggi brings back taste

about 11 years ago

Nestle had once again a reason to celebrate. This was after the Central Food Technological Research Institute (CFTRI) cleared its Maggi noodles after conducting another battery of tests. This test was under the directive of Supreme Court, reiterating that its instant noodles brand is safe for con ...

Sun Pharma down in the red

about 11 years ago

Sun Pharma and its subsidiary, Sun Pharma Advanced Research Company (SPARC) are amongst the top losers on the BSE. Sun Pharma is down almost 3.5% at Rs.862.25 with an intra day low of Rs.857.50 and SPARC is down 2.5% at Rs.376.65 with an intra day low of Rs.368.50. The stocks are down as new ...

A2Z Infra at new high, again!

about 10 years ago

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services Limited) is in the limelight today morning. The stock price is currently up over 5% at its intra day high point of Rs.29 with volumes of some 1.5 lakh shares. This is an EPC company service provider in p ...

ITI remains sick

about 10 years ago

ITI is a Govt organization and a perennially sick unit. The company makes, services and trades in telecom equipments and obviously, it is not doing well with the cost structure exceeding the revenue earned. For Q1FY17, the company, on a net revenue of Rs.325 crore, had a total operating cost ...

SPARC gets lit by USFDA

about 12 years ago

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

SPARC gets license to soar up

about 12 years ago

Sun Pharma Advanced Research Company (SPARC) is up over 5% at Rs.428 levels and this is after hitting an intra day high at Rs.438.35. The stock hit a new 52-week high at Rs.598 on 10th March’15. The stock is the limelight after the company announced that it has licensed out Xelpros, a ...

Rolta India slumps on poor Q4

about 12 years ago

Rolta has not been having a good run ever since Glaucus Research published a report, advocating a “strong sell” on the stock as it was expected to underperform the trend in average market returns. It stated that Rolta India did not produce free cash flow and could not repay offshore b ...

L&T Tech makes its debut

about 10 years ago

L&T Technology Services got listed on the BSE today at Rs.900 and this was at a 5% premium over the issue price of Rs.860/share. This issue from the stables of L&T has got subscribed 2.52 times, receiving bids for 1.83 crore shares. L&T's stake in L&T Technology Serv ...

Pharma stocks get beaten down

about 12 years ago

The top four losers amongst the five on the BSE are all pharma stocks. This was the every same sector which was the toast of the street, even till yesterday but today, the tide has suddenly turned. The top loser is Torrent Pharma, down over 3%, Lupin is down 3%, Sun Pharma Advanced Research is do ...

SPARC flares up with a big spark!

about 12 years ago

SPARC or Sun Pharma Advanced Research Company hit a new 52-week high today at Rs.444.90 and the flagship, Sun Pharma also hit a high at Rs.1004.30. Both stocks continue to remain very much in the green, closer to the high levels. The stocks have spurted up after SPARC announced that the US F ...

Liabilities

about 8 years ago

Liabilities are the debts or financial borrowings either directly or indirectly taken by the company in order to expand business and finance operations.

Poor Q3 upsets CARE Ratings

about 12 years ago

Shares of Credit Analysis and Research (CARE Ratings) are down 3.5% to Rs. 1,562 a piece, when broader markets are ruling firmly in the green with BSE Sensex up 0.6%. Company has declared Q3FY15 earnings after market hours yesterday, and the market is not too excited about the results. CARE R ...

Datamatics Global at 11-month high

about 10 years ago

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

Fixed Assets

about 8 years ago

A fixed asset is a long term asset possessed by a company and helps in generating revenue for the company. It is not expected to be converted into cash or disposed-off within the next financial year.

Staffing stocks on rise

about 11 months ago

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

TeamLease jumps up over 6.5%

about 10 years ago

TeamLease Services announced yesterday after market closure that it has signed a definitive agreement to acquire 100% shares in Keystone Business Solutions Private Limited. This is being done through its wholly owned subsidiary, TeamLease Staffing Services. The proposed acquisition does not f ...

Eclerx Serv up on buyback

about 13 years ago

Eclerx Services is doing pretty well today morning, up over 4.5% at Rs.774.95, with an intra day high at Rs.777. Volumes remain a bit muted at around 1600 shares. The stock is up in the green after the company announced yesterday evening that its board of directors on August 8, 2013 will be ...

Marico Kaya gets a 'face-lift'

about 12 years ago

Marico Kaya Enterprises (MaKE), the demerged and now separately-listed skin care services arm of Marico, has been in the limelight on surging volumes and sharp price rise. Today, shares of MaKE are trading 13.7% higher at Rs 417 a piece on BSE. During the previous trading session (Thursday), the ...

Sasken Comm hits 20% lower filter

about 12 years ago

Sasken Communication opened weak today but went on slipping to finally hit the 20% lower circuit at Rs.253. The company announced today morning that Mr. Anjan Lahiri, Whole Time Director & CEO has resigned from the services of the Company and consequently from the Board of Director ...

eClerx remains firmly in the green

about 12 years ago

eClerx Services had hit a new high on 30th March at Rs.1719.35 and today, though it did not hit a new high today, it remains firmly in the green. It is up 3.5% at Rs.1644 and it had hit an intra day high at Rs.1700. The stock is up, reacting to the news that its Board has agreed to buy CLX E ...

Polaris in the limelight

about 11 years ago

Polaris Consulting & Services is a big gainer on the BSE currently. Hitting an intra day high at Rs.224, it seemed as though its 52-week high of Rs.235.19 was much within reach. Volumes are good at almost 4.5 lakh trades less than an hour of trading compared to around 3 lakh shares over two w ...

INDIA POST - CAN THE 'DAAKIYA' BECOME YOUR BANKER?

about 15 years ago

Today, a visit to the post office could be for either putting money in your monthly postal savings scheme or transact such similar activities. From a postal services organization, it is today a semi-bank. The Communications Minister, Mr. Kapil Sibal, wants the Reserve Bank of India (RBI) to grant a banking license to India Post. Why not?

PPI OR CPI OR WPI - THE BEST MEASURE?

about 14 years ago

There is now a debate raging; not whether RBI will reduce rates on 31st July but which index reflects the true picture of inflation. The RBI Governor, Dr D. Subbarao, yesterday, stated that the present structure of measuring inflation does not capture the price movement of services and was a hybrid

WHY NOT AN IPO FROM INDIAN POST?

about 14 years ago

So that brings forth the thought - why can't our Indian postal services be made more efficient and eventually an IPO? Yes, delivering letters in this era of social network, emails and couriers is a losing business but like Japan, maybe becoming a bank? Why can't RBI grant a banking license to India Post?

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

PMI MAKES THE MARKET HAPPY

about 6 years ago

The markets did very well today and some credit for this goes to the much better-than-expected Services PMI coming in for Oct. The PMI improved from 41.8 in August to 49.8 in September – over 50 is considered to be out-of-the-woods so it is yet to quite make it there. This was the highest reading since Feb,

Q3FY21 GDP – BACK IN THE GREEN!!!

about 6 years ago

The Q3FY21 GDP came in at 0.4%, maybe much lower than what many expected. But the fact is, it did come in the positive and that in itself is good news. So, we can say that the ‘V” is slowly but surely forming. Till the services sector, led by trade, hotel, transport and communication does not get back on track

eClerx spikes up on robust Q1

about 11 years ago

eClerx Services is currently the top gainer on the BSE and this is after hitting a new high at Rs.1776.95. The stock remains firmly in the green, up over 9% with volumes showing a surge of a mind boggling 10.5 times. The market is thrilled with the company’s Q1FY16 performance. It post ...

IT stocks get hit

about 8 months ago

Losers were led by Persistent Systems and LTIMindtree, while Infosys, Tata Consultancy Services and Wipro also traded materially lower; by around 10 am, the decline was still broad-based even as the headline Nifty was relatively steady.

WHAT TO EXPECT FROM RBI?

about 5 years ago

And in the current scenario, it makes perfect economic sense too to sit tight. RBI has made it amply clear that its focus will be on growth and only growth as it feels that the monster of inflation is pretty much penciled in. Thus going by the Manufacturing PMI for May, which slid to a 10-month low and the Services PMI - contracted for the first time in 8-months, growth will pretty much dominate the tone of the policy tomorrow.

Equity

about 8 years ago

In the financial markets, equity means the stock or security of a company representing the ownership in the company.

Cable TV providers in red

about 7 years ago

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

L&T Tech falls over 2%

about 7 years ago

L&T Technology Services has been losing for the last 2 days and has fallen -4.04% during this period. The stock slipped over 2.2%

L&T Tech jumps up 7.5%

about 9 years ago

L&T Technology Services rose almost 7.5% to Rs.1367, with volumes going up almost 4 times. Its 52-week high stands at Rs.1547.

LTTS hits a new high

about 9 years ago

L&T Technology Services (LTTS) has been the top gainer on the BSE right from the opening bell. The stock has hit the 20% UC at Rs.1216.55, a new high after 16 months.

SIS (India) hits lifetime high

about 9 years ago

Security and Intelligence Services (India) Ltd (SIS (India)) hit a lifetime high at Rs.1035 and remains firmly in the green.

L&T Technology in limelight

about 9 years ago

L&T Technology Services rose almost 3% in the opening bell session to Rs.848; it has come off this level and is now at Rs.840, up 2%. Its 52-week high is at Rs.869.40.

Aksh Optifibre in the limelight

about 9 years ago

Aksh Optifibre has bagged a national level banking correspondent services contract from Bank of Baroda (BoB). This is for setting up 5,000 banking kiosks through its flagship services arm, 1 STOP AKSH in the upcoming year.

Infosys up in the green

about 11 years ago

Infosys is up in the green since morning, up over 2.25% at Rs.1129.50, with an intra day high of Rs.1131.95. Its 52-week high stands at Rs.1186 and low at Rs.898.53. The stock is up on two counts – firstly it secured an order from the Govt of India for Goods and Services Tax (GST) cont ...

SIS debuts over IPO price

about 9 years ago

Security and Intelligence Services (India) or SIS as it is known, got listed on the BSE today at Rs875 v/s IPO price of Rs.815.

Engineers India jumps on HPCL order

about 10 years ago

Engineers India has secured a Rs.2500 crore worth order from HPCL. This is for execution of Vizag Refinery Modernization Project. The company is to execute this project contract under two separate contracts, namely "PMC Services for major Process Units and packages under U&O" a ...

Alankit in the limelight

about 10 years ago

Alankit, a small-cap stock announced yesterday after market closure that it has been appointed as E-KYC User Agency (KUA) for the usage of Aadhaar Authentication Services provided by UIDAI to provide Aadhaar Enabled Services to Company beneficiaries, clients and customers. Six days ago, the ...

Bharti Airtel "out of order"

about 14 years ago

Bharti Airtel is down since Friday and today too, it remains streaked in red. The stock opened lower at Rs.306 and it dipped to an intra day low at Rs.301.20 and it currently remains at around the same levels. On Friday, the DoT asked the company to stop its 3G services within 3 days in the ...

Annual Report

about 8 years ago

An Annual Report presents the company’s audited accounts for the previous year as required by the corporate regulations. Annual Reports helps the investors in deciding and judging the financial and operational conditions of a company.

Balance Sheet

about 8 years ago

A company’s assets, liabilities and shareholder’s equity are reported in the balance sheet of the company. A balance sheet is prepared at the end of a financial year / reporting period.

SPARC lights up

about 7 years ago

SPARC or Sun Pharma Advanced Research Company is in the limelight today. Figuring intermittently in the top five gainers list on the BSE, the stock price opened with a gain of over 6% at Rs.151.40

A2Z Infra in the limelight

about 11 years ago

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services Limited) is in the limelight today morning. The stock price is currently up over 5% at its intra day high point of Rs.29 with volumes of some 1.5 lakh shares. This is an EPC company service provider in p ...

Market checks into Advani Hotels!

about 11 years ago

The market is thrilled with the financial performance of Advani Hotels and Resorts. This company owns and operates a hotel/resort through its Ramada Caravela Beach Resort, a five star deluxe resort situated in South Goa.. The Ramada Caravela Beach Resort is spread over 24 acr ...

MARK-TO-MYTH - NEW MTM ON THE BLOCK

about 10 years ago

When the financial crisis of 2008 broke, later on we discovered that amongst many other things, one of the fundamental reasons for the collapse was due to the mis-pricing of risk and therefore of assets. Mark-to-market and complex derivative instruments became nightmares and we in India were probably

HAUNTING BY PLEDGED SHARES - NIGHTMARE ON DALAL STREET

about 13 years ago

Pledged shares are indeed an indication of the financial health of the company. More the promoters stake pledged, higher is the liquidity crunch and turbulent financials. And looks like things are getting worse on the pledge shares front. At end of FY13, the value of pledged shares reached Rs.1.4 lakh crore and this meant that one in every five company had some percentage or the other their promoters stake pledged.

Tecpro Systems falls off the track

about 12 years ago

Tecpro Systems has been breaching the lower circuit since last week and today too, it opened 5% lower at Rs.14.87, hitting the lower circuit. The stock is rock bottom every day as things are turning ugly on the financial front. It has been making losses consistently for the past few quarters ...

Pfizer: A bitter pill

about 12 years ago

Shares of Pfizer Ltd. are down Rs. 53 or little over 3%, and currently trading at Rs. 1,653 a piece. The second quarter financial performance was poor, which resulted in poor reaction by the market. Revenue in the second quarter dropped 11% QoQ to Rs. 296 crore, while fall in bottomline was ...

Jyothy Lab shines bright

about 12 years ago

Shares of Ujala fabric whitener maker Jyothy Laboratories are up 3.6% at Rs. 190, after posting a ‘comeback’ sort of financial performance for June 2014 quarter, with consolidated revenues rising 7% QoQ to Rs. 385 crore, but net profit nearly doubling to Rs. 42 crore from Rs. 21 crore ...

MCX at new high as FT sells stake

about 12 years ago

Financial Tech and MCX are the top two gainers on the BSE currently. MCX is up 11% and this is after hitting a new high at Rs.895. Financial Tech is also up but not as much as MCX; it is up currently around 6% at Rs.283. Both the stocks are on the surge on news that Financial Tech has entere ...

Edelweiss gets the 'Midas' touch

about 13 years ago

Edelweiss Financial had breached the upper circuit yesterday at Rs.59.95 and today, it is traded at a new high at Rs.64.90. The stock remains around the same high levels currently, up over 5%. The stock has been scaling new highs on the back of Rakesh Jhujhunwala. As per data available on th ...

FISCAL TO CHANGE FROM APRIL-MARCH TO JAN-DEC?

about 10 years ago

News of another new change is doing the rounds - change in the fiscal year. Whoa!! That's big news and big change. We currently have the 1st April to 31st March as the fiscal year ending. The Finance Ministry has set up a committee under Shankar Acharya, a former Chief Economic Adviser to the Finance Ministry, to examine the desirability and the feasibility of a new financial year.

POLITICAL CONTRIBUTIONS - YOU SCRATCH MY BACK, I SCRATCH YOURS

about 11 years ago

There was a very telling report on 'donations' or contributions received by political parties from the people of India. Not surprisingly, BJP won hands down, topping the list for garnering the maximum. This report was prepared by Association for Democratic Reforms (ADR) and National Election Watch (NEW). Its focus has been on donations received by the National Political Parties, above Rs 20,000, during the Financial Year 2014-15 (FY15), as submitted by the parties to the Election Commission of India (ECI).

ECONOMIC SURVEY FY17 – SETS THE ROADMAP FOR BUDGET FY18

about 10 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. The draft of the survey is prepared by Department of Economic Affairs and cleared by Chief economic Advisor and the secretary Economic Affairs.

MOODY’S CHINA DOWNGRADE – GOOD NEWS FOR MODI’S INDIA?

about 10 years ago

For the first time since 1989, Moody’s Investors Service cut its rating on China’s debt. Moody’s reduced the rating to A1 from Aa3 and changed the outlook to stable from negative. Moody’s said the downgrade reflects its expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows.

WE BEGIN THE LAST LAP.....

about 7 years ago

We have now entered the last lap of the run-up to the Union Budget. Its like the “Oscar” event of the Indian financial world. And the markets will now only meander, waiting for the FM to give sops.

RBI GETS FULL MARKS!

about 6 years ago

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

KAMATH PANEL DELIVERS – ONUS NOW ON BANKS

about 6 years ago

What is very good about this report is that they have really thought through and its not a report penned in a hurry-burry. Its not a case of one-size-fits-all kind of arrangement and going sector specific will help better resolution. Yesterday, the panel set forth financial parameters needed to deal with 26 sectors which have borne the maximum brunt of the pandemic

L&T ORDERS BOOM – REFLECTION OF THE SECTOR?

about 6 years ago

It is said that the financial performance of Caterpillar was a reflection of the capital goods sector in USA and here in India, it remains Larsen & Toubro (L&T). Well, the performance was not exactly trailblazing in Q2FY21 but Q3 order intake seems to be relentless.

RISING SENSEX - BUYING TO ‘FEEL GOOD’?

about 5 years ago

Shoptimism. That’s the one word to describe the stock exchanges rise despite the pandemic. This is buying because you have the money, time and want to “feel good” amidst all this doom and gloom around. Shopping has and will always be the best therapy and currently, looks like everyone who has disposable income has taken to it. Everyone wants a piece of this pie, irrespective of their financial status.

Majestic Auto continues to bleed

about 12 years ago

Shares of Majestic Auto are down over 10% or by Rs. 7.75 and are now ruling at Rs. 68 per share. This is a Hero Group company; however its financial position continues to remain very weak. The Ludhiana based auto component maker reported extremely poor performance for the December quarter as ...

CIGARETTE MAKING - INJURIOUS TO COMPANIES HEALTH

about 11 years ago

The statutory warning should be changed - cigarette making is injurious to a company's financial health. Make cigarettes at your own risk! Seriously. If the Govt is so morally upright and so concerned about people smoking cigarettes and wants to make it as out-of-reach as possible, we cannot help but wonder why it is being allowed to be made at all? The latest has been the debacle on the proposed 40% GST on cigarette making companies. ITC tanked big time yesterday, so much so that it was probably one reason why the Sensex ended

JK Cement builds up

about 13 years ago

JK Cement is doing exceedingly well, both on the bourses as well as financially. In fact it is the financial performance which has spiked it up on the bourses. The stock which had closed on Friday at Rs.251, opened today at Rs.268, went on to hit a new 52-week high at Rs.295.95 and pre ...

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.

LTRO 2 - THE 'SICK MAN OF THE WORLD' GETS ANOTHER DOSAGE

about 15 years ago

he European Central Bank is pumping in half a trillion euros into the euro zone's troubled financial system for the second time. This might as well be the last such 'stimulus' but for now, it is being perceived as excellent news for emerging economies like India, China, Brazil and nowadays, even Indonesia. Europe is for now considered to be the 'sick man of the world'.

Q2FY14 GDP - NO FIREWORKS BUT AT LEAST NO DEGROWTH

about 13 years ago

. But the big question is whether we will be able to sustain this growth based on exports? Growth from construction and agriculture was also good but what really left everyone baffled was the 10% growth in financial

Q3FY14 GDP - DISAPPOINTING AND HOPEFULLY, DISCOUNTED!

about 13 years ago

Fifth consecutive quarter where we have got a less than 5% growth rate and that means that slowdown is now deeply entrenched. This time around when we see all the sectors, most have had a dismal performance and the savior has been the financial sector which showed a robust 12.5% growth. Yet again

LTRO 2 - THE 'SICK MAN OF THE WORLD' GETS ANOTHER DOSAGE

about 15 years ago

The European Central Bank is pumping in half a trillion euros into the euro zone's troubled financial system for the second time. This might as well be the last such 'stimulus' but for now, it is being perceived as excellent news for emerging economies like India, China, Brazil and nowadays, even Indonesia. Europe is for now considered to be the 'sick man of the world'.

TOO-BIG-TO-FAIL-BANKS - HOPEFULLY NOT TOO-BIG-TO-BE-SAVED!

about 12 years ago

In Sept 2008, there were long serpentine queues across the country at almost each and every ATM of ICICI Bank. Panic stricken account holders were scurrying from one ATM to the other and there was a sense of palpable fear across the country. This was when the worldwide financial meltdown happened and rumors started floating around that ICICI Bank was going down as it was caught in a big financial mess.

DISMAL Q4FY14 GDP - A RESIDUE OF THE 'OLD' GOVT

about 13 years ago

Sixth consecutive quarter where we have got a less than 5% growth rate and that means that slowdown is now deeply entrenched. This time around when we see all the sectors, most have had a dismal performance and the savior has been the financial sector, like in Q3,

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.

Aviation stocks run into rough weather

about 11 years ago

Aviation stocks have been having a dream run for some time now – both in terms of their performance on the bourses and financial performance too. This was mainly on account of crude price remaining low which helped bring down its aviation fuel price – on an average over 40% of total c ...

L&T - WHAT LIES AHEAD?

about 11 years ago

It is said that the financial performance of Caterpillar is a reflection of the capital goods sector in USA and here in India, it is Larsen & Toubro (L&T). Well, the performance was not exactly trailblazing. But for the exceptional income and other income, it was overall pretty tepid. Its consolidated net profit for Q2FY16 rose 15.5% (YoY) at Rs.996 crore and revenue reported a 11% rise

Ujjivan gets listed at premium

about 11 years ago

Yesterday, we had Thyrocare Tech making a smart debut on the bourses and today it is microfinance firm, Ujjivan Financial Services. The stock got listed on the BSE at Rs.227, going up to Rs.230 and is now at Rs.228 levels. The company has priced its IPO at the upper band at R ...

Side-effect of Ranbaxy - Sun Pharma down 13%

about 11 years ago

World’s 5th largest specialty generics pharma co, Sun Pharma Industries, in a surprise move last evening, issued financial alert to analysts and investors over its upcoming first quarter results and also set a very muted tone for results of FY16 as a whole. In a stern reaction, share is dow ...

BANKS AND THEIR REACTION PRE/POST 2008 - CLEARER BIG PICTURE

about 12 years ago

Before 2008, before the financial world collapsed, every bank in the world, be it the European Central Bank (ECB), Federal Reserve or our very own RBI, each reacted on influencing factors from within the country. Like ECB, looked at its own growth and inflation rates and accordingly designed policies. Ditto for Fed Reserve.

FIIs - PUTTING INDIAN MARKETS ON THE MAT

about 12 years ago

There is no doubt that FIIs are calling the shots in our Indian markets. Stocks undulate to the tunes of the FIIs - they upgrade a stock, the price moves up sinuously and if they downgrade, the stock plummets down, as though in a tearing hurry to kiss gravity. But allowing them to hold our markets and financial system to ransom? Behaving in what can be construed as nothing less than blackmailing, maybe it is time to let the FIIs know as to who

Poor Q1 tanks R S Software

about 11 years ago

Electronics payment focused IT player R S Software is down close to 15%, at Rs. 163 a share, after dismal Q1 financial performance. Infact, share had touched a low of 153.60 in morning trade, which was the 20% lower circuit limit for the day. Company announced Q1FY16 results after ...

Tata Steel hits a low, again

about 12 years ago

Tata Steel has lost some more its sheen today. Hitting new lows consistently for the past couple of days, today too, the stock hit a 52-week low at Rs.293.30 and currently remains around the same levels, down over 2.5%. The poor financial performance and now the proposed union strike at its ...

US FED - SO DECEMBER IT IS ...OR IS IT?

about 11 years ago

That was the non-event event for which the markets had remained on tenterhooks. As expected and as stated by us yesterday itself, Janet Yellen did not hike the interest rates. It continues to remain near zero. But the good news this time is that maybe, just maybe, the Fed might have indicated that December could be the time when rates could go up, finally. The inference drawn is that the Fed is now not as concerned as it was earlier about the turbulent financial markets and uncertain economic developments across the globe.

YES OR NO? ASK ON TWITTER….

about 5 years ago

Get the gist of it? Major, important corporate decisions being put up by CEOs on their Twitter, asking people to vote; based on the majority, the decision will be taken. No need for any financial consultant or informing the stock exchanges or even the shareholders!

EXPECT A "SLOW TRAIN" FROM THE RAILWAY BUDGET

about 11 years ago

It will indeed be a precarious run on stilts for the Railway Minister, Suresh Prabhu. Big ticket reforms are what he has always promised, all along. Yet, his ideas might not the financial muscle that is required as the Finance Ministry will itself need to think a bit out-of-the-box to increase its revenues.

FTIL 'arrested' on lower circuit

about 13 years ago

Not surprisingly, the top losers on the BSE today morning are currently Financial Technologies and MCX. Financial Tech is the biggest loser, currently down 5% at Rs.276.70, its lower circuit. It hit the circuit the moment it opened for trading today morning. Interestingly, the stock had yesterday ...

Tube Investment - riding on better prospects of CG Power

about 6 years ago

Tube held many investors' meet in last 1 week, where road map of CG were laid out, with 51% of this will get added in the financial of Tube in FY 22

Lakshmi Vilas Bank jumps up 10%

about 9 years ago

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

Bilcare hits lower circuit, again

about 14 years ago

Bilcare continues to get frozen on the 5% lower circuit; it was frozen yesterday at Rs.101.55 and today at Rs.96.50, with only sellers on the counter. Yesterday, the stock fell as the market as the market was not happy with its decision to sell around 26% stake to a strategic or financial pa ...

Not just all smoke

about 6 years ago

Working from home. Time at hand. Markets down. And the brain gets to work – even in these very difficult times, what are the sectors which are relatively recession proof? No need to pour into balance sheets and research reports; look at our day-today life itself.