Search Results Page

RBI CREDIT POLICY - EXPECT NO MORE RATE CUTS THIS YEAR

about 12 years ago

"Expect no more rate cuts in this year as this 25 bps today itself is more like a preemptive step to ease supply constraints". That's the message which has come across loud and clear from today's Credit Policy. The market was down around 190 points just before the Policy was to be announced but the moment the announcement was made, the Sensex slipped over 300 points. More than the 25 bps rate cut

RBL Bank: Credit Cards business being ignored by the market?

about 6 years ago

While RBL Banks’ higher provisioning and bearish outlook on mid-sized banks is weighing on the stock currently, is the market ignoring long term potential in the credit cards business?

NEED A HOME LOAN? GET YOUR CREDIT SCORE RIGHT!

about 14 years ago

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

Commercial Engineers hits new high

about 8 years ago

For the past week or so, Commercial Engineers & Body Builders has been hitting the 5% UC every single day. Today too, it hit the 5% UC at Rs.24.70 the moment it opened for trade, a new 52-week high also.

CREDIT POLICY - AS EXPECTED, A NON-EVENT

about 15 years ago

After the RBI in a surprise move, cut CRR by a whopping 75 bps last week, one was actually left wondering about the purpose of the RBI Credit policy today. Whatever had to be done was already done, so most had written off this policy largely as a non-event. And RBI did not disappoint - there was no change in the interest rates.

RAJAN'S FIRST CREDIT POLICY - FOLLOWS FOOTSTEPS OF PREDECESSOR

about 13 years ago

Like his predecessor, Dr.Subbarao, Rajan too kept his eye on inflation and hiked repo rates by 25 bps to 7.5%. The market was shocked. Then in Marginal Standing Facility (MSF) rate, expectations were around a cut of around 50 bps and it came in much higher at 75 bps at 9.5%. MSF is a tool wherein banks will be able to borrow upto 1% of their respective Net Demand and Time Liabilities. This is used to reduce volatility

CREDIT POLICY - PACKS A PUNCH AND A SURPRISE!

about 15 years ago

Immediately the market zoomed up by 173 points and then went down to 130 levels, wondering about RBI's statement that there is now limited space for more easing. The RBI Governor said, "It must be emphasised that the deviation of growth from its trend is modest. At the same time, upside risks to inflation persist. These considerations inherently limit the space

RBI CREDIT POLICY - MOVING BEYOND INTEREST RATES

about 11 years ago

No surprises on the rate cut front but surely, the RBI went all out to address the liquidity crunch by easing on various fronts. This is a first - the RBI has shown that rate cut alone is not the only arsenal; it can help resolve the liquidity issues and help better transmission through other policy easing measures. This is huge as it actually means a reversal of six years of policy where banks and bond markets have always operated in deficits

RBI CREDIT POLICY - A NO-NONSENSE, HARD HITTING POLICY

about 14 years ago

Yesterday itself RBI had made its intentions pretty clear. The extremely hawkish macro report published by RBI indicated that it continues to remains concerned about retail inflation and the rising current account deficit. It stated without ambiguity that interest rates cannot be the primary

RBI CREDIT POLICY - A PAUSE WHILE THE GUESSING GAME CONTINUES

about 11 years ago

Rajan, in his inimitable style, answered it so well. He said that he had come prepared with a statement, going on to say that he did not want to spoil the fun which the media was having, speculating about his staying back; he also quipped that he was intrigued to read so many letters which he had not written! Then on a serious note, he obviously inferred that does not know till now

Satin Credit hits new high

about 5 months ago

The stock was among the standout gainers in early trade, with the stock rising about 10% after touching a 52-week high of Rs. 246 (vs prev close Rs. 214.80) even as the Sensex was down 0.9%. The price action is being driven by a clean post-results re-rating

CREDIT POLICY - KEEPS RATES UNCHANGED, PRAGMATIC OUTLOOK

about 12 years ago

Whew! The much expected, at least by analysts and economists happened - the RBI Governor, Raghuram Rajan did not change the rates; repo, reverse repo and CRR were left unchanged. But the good news here is that RBI has stated in the policy that if the current inflation momentum continues and fiscal developments remain encouraging, a change in the monetary policy stance is likely early next year,

RBI CREDIT POLICY - DID NOT LET DOWN EXPECTATIONS,REMAINED NON-EVENT!

about 13 years ago

First, the tone. As expected, it was "dovish". This means there are no aggressive undertones to the document. On the other hand, a "hawkish" tone would have meant the exact opposite and that tone at this juncture would have culled the sentiments further. Thus the tone was more positive than more negative

RBI CREDIT POLICY - HERALDS RATE CUT CYCLE

about 14 years ago

And Mr.Subbarao did not disappoint; he announced the expected 25 bps rate cut in repo rates to 7.75% and surprised all, by adding on even a 25 bps cut in CRR, infusing Rs.18,000 crore liquidity into the system. He had last cut rates by 50 bps in April, 2012. These changes have since come into effect immediately. Post this, reverse repo gets adjusted to 6.75% and bank rate to 8.75%.

CREDIT POLICY – OUTLOOK CAUTIOUS AND STANCE NEUTRAL

about 8 years ago

Thus with no worry on growth, the BIG question was whether RBI will do what it is supposed to do – keep an eye on inflation, which is rising. Proving a majority of analysts wrong, the RBI hiked rates by a 25 bps, the first time in four years.

FIRST CREDIT POLICY FROM MPC - MAKES IT MEMORABLE!

about 10 years ago

The MPC and Urjit Patel did what was most logical and probably what was widely expected - a 25 bps rate cut. All the six members voted unanimously for this cut; the score was 6 to 0. So the new Governor has struck the right chord with his first policy - he did not have the charm and charisma

Satin Credit looks smooth

about 5 years ago

The stock opened but soon jumped up to an intraday high at Rs.91.65, up over 9.5%. Its 20% UC is at Rs.100.35.

Satin Credit in the green

about 9 years ago

Satin Creditcare Network is doing pretty well in an otherwise listless market. It rose almost 4% to Rs.294.05 and after that slipped to Rs.289.40, up over 2%.

I G Petro up on credit upgrade

about 11 years ago

Organic chemicals maker IG Petrochemicals is up 3% at Rs. 122.70, in an absolutely flat market. Volumes on the counter are also strong; nearly 1.2 lakh shares exchanging hands on both the exchanges, since morning. After reporting healthy number for Q1FY16 last Friday, this m ...

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

AS EXPECTED - RBI MAINTAINS STATUS QUO

about 11 years ago

As expected, it was a status-quo Credit Policy. No one had expected a rate cut and the RBI Governor has pretty much indicated the same in June; so no surprises there. But more than the Monetary Policy, this meet was more about the Monetary Policy Committee (MPC). Speculation has been rife about the Govt planning to set up the much needed MPC but in the process, may end up clipping the wings of the RBI, with Govt getting more power to call the shots.

MINUTES OF APRIL POLICY – SEPARATING “NOISE” FROM THE “SIGNAL”

about 9 years ago

When the credit policy was announced this month, the message which came across was very positive , almost like some misplaced, forced optimism. It all felt unreal – the inflation and growth trajectory. And yesterday, when the minutes of the Monetary Policy Committee (MPC) was published, it was a relief to know that within, the two days meet and debate was more real.

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,

A BIG DAY GLOBALLY – ALL ON WAIT-AND-WATCH MODE

about 9 years ago

The big event for India is over – yesterday’s credit policy. But that would have been the end of it all if we had been a closed economy and did have the current global perspective and participation that we have today. Today we look at events across the world – some have a direct bearing on our market while some indirectly, in terms of sentiments. Thus what happens in USA, UK or even Japan has an impact on our markets

HAWKISH OR DOVISH IS THE QUESTION

about 9 years ago

The market has really not got no major trigger in sight and that’s why the Credit Policy of tomorrow holds such a tight grip on the sentiments. Every eye on Dalal Street is now trained on Urjit Patel – will he once again sacrifice growth for inflation? 95% of analysts feel that the RBI will maintain a status quo on the interest rates – there will be no change. But what could be more pertinent note is the stance of the RBI - hawkish or dovish.

DISEASE OF NPAs – INDIA INC IS THE DANGEROUS 'DENGUE'

about 10 years ago

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

THE LAST POLICY OF 2015 - ENDS YEAR ON OPTIMISTIC NOTE

about 11 years ago

The market and everyone knew - this fifth credit policy would be a non-event. And that is what it was. It stuck stringently to the scripted path and kept all rates, growth and inflation targets, all status quo. And the overall stance was cautious but throughout the policy it has been accommodative. In the ensuing Press Conference, the Governor very clearly stated

EQUITY MAYBE LACKLUSTRE BUT DEBT IS BOOMING!

about 11 years ago

While we are busy pursuing the ups and downs in the equity markets, there is almost a frenzy in the bond markets. On 29th Sept, RBI declared its Credit Policy wherein the Governor announced that it will fix the FII limit in Govt bonds in rupee terms and will also allow overseas investors to hold up to 5% of

SAHARA GROUP - ALL DOES NOT SEEM WELL

about 14 years ago

Interestingly, its group company, Sahara India Commercial Corporation in 2009, issued shares to its 2.6 million shareholders. This meant, after RIL and Reliance Power, it had the third largest base of shareholders. Why did it then not get listed? Because that would mean transparency and would involve corporate governance issues?

MAHARASHTRA BUDGET FY13 - YOUR COST OF LIVING RISES FURTHER

about 15 years ago

The investors in Mumbai, the commercial capital surely have more than their share of stress. Not their day-to-day life tensions of commute, cost, house, loans, crowds, traffic, filth and many more; and over and above this, it has to comprehend with first the Union Budget and now, today,

RBI LIKELY TO HOLD RATES TOMORROW

about 11 years ago

At the 2nd June 2015 Credit Policy meet, RBI Governor, Raghuram Rajan had very clearly sent out the message - Expect no more rate cuts in this year as this 25 bps today itself is more like a preemptive step to ease supply constraints. That time too, the Governor had placed the onus on the Govt, urging it to get back to policy action, encouraging investment to alleviate medium term supply side bottlenecks. The Governor had said that between 2000 to 2003, monsoon was poor but thanks to proper action from the Govt, inflation remained largely on the leash

ROT OF CORRUPTION IN BANKS - STINK HAS SUFFOCATED THE ECONOMY

about 12 years ago

The arrest of CMD of Syndicate Bank for allegedly taking a bribe of Rs.50 lakh from two companies to extend their credit facilities - Bhushan Steel and Prakash Industries is shocking. It is shocking not because the CMD was caught taking a bribe but because he was actually arrested. That now is probably a first for any high ranking official in a long time.

RELIANCE JIO - TIME FOR OTHER TELCOs TO RING '911'?

about 13 years ago

Bharti Airtel was having a good run on the bourses when all of a sudden, like a bumpy speed breaker, there came the report and downgrade of Credit Suisse. Bang! The stock fell and slipped; and it closed amongst the top losers of the day on the BSE. Credit Suisse put out a report on the stock, downgrading the stock to 'underperform' from 'neutral'. It also reduced the target price of the stock by Rs.10, from Rs.275 to Rs.265

FROM LACKLUSTRE TO FIRECRACKER - MARKET LOOKS BEYOND RBI POLICY

about 13 years ago

The markets almost through most of the session remained lackluster. Everyone said that this is expected as the market is awaiting the RBI Credit Policy announcement tomorrow. But then, in the same breath, marketmen said that the markets largely expected rates to be held, a non-event kind of status quo policy.

REALTY - INVASION BY 'FOREIGNERS' PUSHES UP UNREAL PRICES

about 13 years ago

As per the the latest data published by the Australian Govt, Chinese investors spent almost 6 billion Australian dollars (US$5.4 billion) on real estate during the 12-month period ending in June 2013. An HSBC report published in February named Australia as China's No. 1 destination for overseas property. And to follow all this up, Credit Suisse released a report that forecasts a flood of Chinese investment over the next

INDIA INC - RESPONSIBLE FOR RISING NPAs

about 14 years ago

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

DEC IIP - GETTING TO THE BOTTOM OF THE PIT

about 15 years ago

Next month is extremely decisive. Jan IIP numbers will come in on 12th March. The RBI will present its Credit Policy on 15th March and the Union Budget is scheduled for 16th March. Before that, next week, we have the inflation data coming in. In all likelihood, RBI

END OF JAYALALITHA - ADIEU TO PERSONALITY POLITICS IN TN?

about 10 years ago

To hold her steed in a predominantly masculine world is no small feat. Though she got the advantage of a great beginning in films (her mother was a well-known actress) and in politics (her mentor was MGR), full credit to her that she could stay there and climb up further. Jayalaitha probably represents the last that we see of personality politics. The fact there was no leader in sight in AIADMK, not just in second place

Bafna Pharma gets 'Crisil'ed

about 12 years ago

Bafna Pharma continues to celebrate the upgrade in its credit rating by Crisil, announced yesterday. The stock which had closed yesterday at Rs.33, opened today at Rs.34.60 and going on to an intra day high at Rs.36.50. It currently remains over 7.5% higher. Yesterday, Crisil upgraded its sh ...

Hindalco is top gainer

about 12 years ago

Yesterday, it was Eicher Motors which zoomed up after Credit Suisse upgraded its rating on the stock and today, it is Hindalco. The stock is currently the top gainer on the BSE, up 7% at Rs.175 and this is after hitting a 3-year high at Rs.175.90. The stock has zoomed up after foreign brokera ...

Eicher Motors on new high

about 12 years ago

Eicher Motors continues to surge higher. Today too, like the past couple of days, the stock is strongly in the green, up 4% at Rs.8029 levels but this is after hitting an intra day high at Rs.8100, a new 52-week high. The stock has been zooming up to new highs ever since Credit Suisse put ou ...

Bharti Airtel lines down

about 13 years ago

Bharti Airtel is deep in the red today, currently trading over 3% lower at Rs.343.35, with an intra day low at Rs.339.70. The stock is down today after FII, Credit Suisse put out a report on the stock, downgrading the stock to ‘underperform’ from ‘neutral’. It also re ...

VERY BALANCED AND CALIBRATED POLICY

about 5 years ago

It gave everything possible – maintained status quo, GSAP 2.0, extending support to the most distressed and managing forex in the best possible way. What needs to be done is coax people to borrow – really improving credit growth has become a priority. But then unless consumption demand does not pick up, credit growth will not happen

MUDRA LOANS – SHOWING THE MUDRA OF 'DANGER'

about 7 years ago

RBI has warned banks gently about the potential danger in rising Mudra NPAs but if not put in check right now, this too could balloon into another NPA crisis. On one end of the spectrum, Kisan Credit as such is giving banks a big headache and on the other end, the industrial bigwigs are looting the banks too.

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 ...

Ashok Leyland on superfast lane!

about 12 years ago

Ashok Leyland is literally on the superfast lane today. With a 2 times surge in volumes, the stock hit a new 52-week high today at Rs.57.40 and continues to remains strongly in the green. This flagship company of the Hinduja’s and the second largest commercial vehicle (CV) maker of Ind ...

RECALLS - THIS FAULT WORKS!

about 8 years ago

Though Maruti Suzuki ultimately ended the day just about in the green, for most part of the day, it was very much in the red. The reason? The company, yesterday announced its decision to recall 5900 units of its light commercial vehicle know as Super Carry as result of certain defect in the fuel pumps.

COAL INDIA’S LONE KURSI TO GET CROWDED

about 9 years ago

Whew! Finally it has happened. Coal India has lost its monopoly but hoping that it would get out of stupor is being naïve; almost like hoping that politicians will be corruption free!! Today, the Cabinet Committee of Economic Affairs gave its nod for commercial coal mining for not just Indian but even foreign companies.

TRUCK SALES TOTTER - AUTO SECTOR NOT YET OUT OF THE WOODS

about 12 years ago

A breakup of these numbers, in terms of companies, show that trouble has not yet dissipated but there is slight improvement. Tata Motors, the largest commercial vehicle maker in India, for August'14 reported a decline of 18% over 49,611 vehicles sold in August'13. Cumulative sales (including exports)

GAIL leads the pack of losers

about 12 years ago

GAIL India is currently the top loser on the BSE, down 3.5% at Rs.385.45, its intra day low point at the moment. This sudden turnaround in the moods on GAIL counter can be blamed directly on Credit Suisse. It put out a report stating that it has downgraded the rating on GAIL to ‘underp ...

Tata Motors on the expressway

about 10 years ago

Tata Motors is the top gainer on the bourses today. The stock, which had closed yesterday, rose to an intra day high at Rs.538.90 and remains around the same level, up over 6%. The main reason being that the brokerage firm, Credit Suisse has upgraded the stock to outperform while at the same ...

Rolta India dips on another downgrade

about 11 years ago

On 20th March, S&P had downgraded the long-term corporate credit rating on Rolta India to ‘B+’ from ‘BB-’ over expectations of an increase in its leverage and concerns that free operating cash flows will move into the negative zone in the next 12 months And today, ...

KDDL clocks a good run

about 11 years ago

KDDL whose website goes under the name of Kamaladials, is into the manufacture of watch dials, watch hands, precision engineering and sells Swiss watches under the retail chain name – Ethos. The company yesterday announced that rating agency CRISIL has upgraded the Credit Rating of the ...

Essar Oil cheered up by SEBI

about 11 years ago

The market is thrilled with Essar Oil and all credit goes to SEBI. The company is in the process of delisting and in a move which supports shareholders, SEBI has directed Essar Oil to raise its delisting price, bringing it in tune with Roseneft’s price offered to buy promoters stake. This i ...

Ashok Leyland skids into red

about 13 years ago

Ashok Leyland is amongst the top losers of the day, currently down over 1.2% at Rs.16.40, its current intra day low. The stock is down following its dismal sales figure for November wherein the company reported a 27% (YoY) drop in sales at 5375 units. In commercial vehicles, sale ...

Tata Motors hits brakes

about 13 years ago

Tata Motors is amongst the top five losers on the BSE. The stock is down over 2.3% at Rs.363.10. The stock tumbled down after it reported poor sales numbers for Dec’13. It showed a 42.28% (YoY) fall in total vehicle sales at 37,852 units v/s 65,582 last year. Sales of commercial vehicl ...

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

about 9 years ago

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

JBM Auto zooms into upper circuit!

about 13 years ago

JBM Auto since 19th March has been hitting the upper circuit. And today too, hit hit the 5% upper circuit at Rs.127.40, which is its new 52-week high. This sudden spike up of interest in the stock is mainly on account of its commercial bus project. The company announced yesterday after marke ...

Ashok Leyland falls despite strong Nov sales

about 12 years ago

Ashok Leyland posted a strong set of sales figure for November’14. YoY, its total sales rose by a very good 44% and this was led mainly by a whopping 2% rise in medium and heavy commercial vehicle sales (M&HCV). Light Commercial vehicles (LCV) sales dropped 5%. The sales for April to No ...

Sadbhav Eng opens strong

about 13 years ago

Sadbhav Engineering is strongly in the green today morning. Closing yesterday at Rs.93.90, it opened higher at Rs.93.70 and is currently at Rs.93.90, up 3%. The stock is up after the company announced that it has achieved commercial operation of the Rs 1,220 crore highways project in Haryana ...

SML Isuzu zooms ahead

about 12 years ago

Shares of SML Isuzu, formerly Swaraj Mazda, are up about 1.5% at are currently trading at Rs. 910 a piece after the company announced splendor sales numbers for December 2014, post-market hours last evening. Share made a high of 941 in opening trade. In line with the revival in the commercial ...

TI Cycles rides into the green

about 11 years ago

Tube Investments of India or TI Cycles as it is recognized announced that its new manufacturing plant at Rajpura, Punjab, which was inaugurated yesterday has now commenced commercial production. It has a capacity to manufacture 2.5 lakh bicycles per month. This greenfield cycle plant was put ...

Bank of India at new low

about 12 years ago

Bank of India cup of woes just got filled to the brim. Rating agency, Standard & Poor’s (S&P) lowered the Bank’s standalone credit profile from BBB- to BB+. This lowering was done as S&P expects the Bank’s asset quality to remain weak over the next 12 months. The lon ...

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

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 ...

Huhtamaki PPL packages a jump!

about 10 years ago

There was good news from Huhtamaki PPL. The company yesterday announced commencement of commercial production at its newly set up label making factory in Sikkim on 27th March and its flexible packaging unit in Assam on 28th March.

Globus Spirits remains kicked up

about 10 years ago

Globus Spirits announced on the 28th of Dec that it had resumed its operation and commenced its commercial production (with a production capacity of 80,000 Bulk Litre per day) at its Bihar unit from 2nd Dec. This was “after removing all the technical bottlenecks at its unit.” The plan ...

‘THE END’ FOR TATA NANO

about 8 years ago

India’s luxury-car market is on course to hit anew peak this year as sales have topped 20,000 units, showing a 17% increase. Then there is the sales of total commercial vehicles (CVs); right from two-wheelers to trucks and cars, SUVs; each and every segment has shown a robust growth in June with sales jumping 38%. CVs showed a 42% growth, two-wheelers 22%

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 ...

Market happy with Apollo's new foray

about 11 years ago

The market seems to be happy with Apollo Tyres decision of expanding its product portfolio to include manufacture of two-wheeler tyres. It announced that it will start commercial production from Jan’17 from its upcoming plant at Hungary. It will be expanding the capacity of its two pl ...

Eicher Motors on good roads

about 11 years ago

Eicher Motors is on good roads today with exuberant sales number for December powering up the stock price. Intra day, the stock price rose up 5% to Rs.17,690.25. Its 52-week high and low stands at Rs.21,618.39 and Rs.13,930. The company announced that it had sold 5,068 units of commercial ve ...

Hikal beaten down after poor Q1

about 11 years ago

Hikal, jointly promoted by Hiremath and Kalyani group, is amongst the first companies to offer customized, cost effective and sustainable solutions from R&D to Commercial Manufacturing. It is one of the very few global and only Indian company to provide APIs for both Pharmaceuticals and ...

Bharti rings a Chinese tune

about 12 years ago

The China trip has borne fruits for at least one company immediately. Bharti Airtel on 16th May, Saturday, announced that it has received financing commitments of up to US$ 2.5 Billion from China Development Bank and Industrial and Commercial Bank of China. The Company signed the term sheets for ...

JP Power gets turned on

about 12 years ago

Jaiprakash Power Ventures is up over 1.5% at Rs.12.50 with some 48 lakh shares changing hands during the day. This small spurt of interest in the stock is a reaction to the company issuing an update first in September that it has commenced commercial operations of the First Unit of 660 MW ( ...

PMC BANK SAGA – TWO STATES, ONE BIG MESS

about 7 years ago

There is so much panic! The RBI placed the Punjab and Maharashtra Cooperative (PMC) under regulatory restrictions for six months, effective 23rd September. If you are an account holder with this bank, there aren’t many choices left.

RBI POLICY – THIS ONE IS NOT ABOUT INTEREST RATES!

about 7 years ago

More than the actual policy statement, the additional Statement on Developmental and Regulatory Policies was the moot – it was almost like a mini-Budget, with the RBI finally stepping up with sops for the realty, auto and MSMEs. Like the odd 35 bps rate cut, RBI Governor, Shaktikanta Das has once again showed that he does the unexpected and loves to spring surprises!

IT WAS GOOD NEWS ALL AROUND!

about 8 years ago

It was good news. IIP and CPI, both were good. IIP for Oct, thanks to the festive demand of Diwali, rose sharply to 8.1% v/s 4.5% (MoM). Mining was up 7%, manufacturing rose to 7.9% and electricity was up 10.8%.

Tata Motors back on roads

about 6 years ago

The stock has been gaining over the past one week and today it opened almost 4% higher at Rs.100, going up over 5% to an intraday high

Punj Sind Bank

about 16 years ago

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

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.

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.

Future Lifestyle at 5% LC

about 7 years ago

Today also, almost like a habit of the past 10 days, the stock opened 5% higher, hitting the UC at Rs.163.90 but from there, it fell to its 5% LC

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

about 7 years ago

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

Kridhan Infra

about 16 years ago

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

FSR – DOES NOT LOOK TOO STABLE

about 6 years ago

It basically stated what we knew – for now all books of banks look better because of the various measures taken to combat the pandemic but once all that gets withdrawn, we will see a very stark image – grotesque and frightening. And that unfortunately is the reality of our banking system.

HIGHLY IMPACTFUL, EXPANSIONARY BUDGET

about 6 years ago

Its good economics that the FM decided to go all-out and loosen all purse strings, irrespective of the fiscal deficit. The Budget clearly shows that the aim is to revive the economy and expenditure can be worried about later. An increased spend in healthcare, railways, highways, ports, airports – all this bodes well.

Lakshmi Vilas in limelight

about 8 years ago

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

Mindspace REIT

about 6 years ago

Verdict :Not to be occupied
Subscription Start Date :27 Jul 2020 End Date :29 Jul 2020
Issue Size : 4,500 crore, Issue Type : Fresh cum OFS
Price Band : Rs.274 to Rs. 275
--------------------------------------------------
Overall Subscription : 12.96x
QIB : 10.61x,HNI :15.77x
Listing Date : 7 Aug 2020, , Listing Price : 302

SBI Cards

about 7 years ago

Verdict :A ‘must’ swipe!
Subscription Start Date :2 Mar 2020 End Date :5 Mar 2020
Issue Size : 10355 crore, Issue Type : Fresh cum OFS
Price Band : Rs.750 to Rs. 755
--------------------------------------------------
Overall Subscription : 26.54x
QIB : 57.18x,HNI :45.23x,Retail :2.5x,Other :25.36x
Listing Date : 16 Mar 2020, , Listing Price : 661

Spandana Sphoorty

about 7 years ago

Verdict :Attractively valued growth MFI
Subscription Start Date :5 Aug 2019 End Date :7 Aug 2019
Issue Size : 1201 crore, Issue Type : Fresh cum OFS
Price Band : Rs.853 to Rs. 856
--------------------------------------------------
Overall Subscription : 1.05x
QIB : 3.11x,HNI :0.55x,Retail :0.09x
Listing Date : 19 Aug 2019, , Listing Price : 825

RBI – WAR AGAINST INFLATION

about 4 years ago

Market moved into the positive – this is more like a relief rally, where the market heaved a sigh of relief that this is over and done with. Though on the ground, the rising crude price, the falling rupee and the oncoming US Fed meet next week will keep the markets volatile. Remember, this reaction today could be a traders response to the market, investors response could come much later.

Wipro hits a new high

about 8 years ago

The market is apparently happy with this news and the stock price hit a new high today at Rs.335.90; it has come off the high

GHCL jumps on +ve rating

about 7 years ago

GHCL is the top gainer on the BSE today morning, notching up a gain after 3 days of consecutive fall. The stock opened with a gain of almost 2.5% at Rs.196.15

Prakash Constrowell

about 15 years ago

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

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

Indiabulls Real Estate jumps up 15%

about 7 years ago

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

29TH IS THE 'D' DAY

about 8 years ago

The tumbling down of someone as big as the IL&FS group has rattled many. The group was well known in the corporate circles for being rock solid and somehow the group, in many ways, represented some largest infrastructure development in the country. But what do we infer now?

Q1FY15 GDP CRACKLES! GANPATI BAPPA MORYA!

about 12 years ago

After nine quarters or two years and a quarter, India's GDP for current Q1FY15 came in much higher than expected at 5.7%, which is 100 bps higher than 4.7% recorded in previous Q1. India Inc could not have welcomed Lord Ganesha with a bigger bang! The festive cheer only got better and lights seem to be shining brighter!

RBI DID THE RIGHT THING - MAINTAINS STATUS QUO

about 14 years ago

It came as no surprise at all! RBI kept the repo rate and CRR unchanged. For once the markets had it right and Dr.Subbarao did exactly what the market expected him to do! Given the hawkish stance of RBI on inflation, this was very much on the expected line. Though WPI was at a 33-month low, retail inflation remained stubbornly high

Ankit Metal

about 20 years ago

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

Decolight

about 20 years ago

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

Q1FY16 RESULTS - ANOTHER QUARTER OF MUTED PERFORMANCE

about 11 years ago

The first big wig Q1FY16 performance will come from an IT company; thankfully that tradition remains intact and so does the fact that IndusInd Bank will hold the mantle of being the first private sector bank to announce its performance. But what has changed is that Infosys is no longer the first IT company; it has given up that tradition ever since Sikka took over. This honour, of being first, now lay with TCS. It will be announcing its results on 9th July and like what we have seen in the past, it could be much later in the evening, after market closure.

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?

Realty stocks "co-operate"

about 4 years ago

Realty stocks – Oberoi Realty, DLF, Sobha, Macrotech, Brigade Entp, Sunteck, Godrej Prop, Phoenix Mills, Kolte-Patil, all are up in the green.

RBI MAINTAINS STATUS QUO

about 15 years ago

Whatever the market might feel, disappointed or let down, one should salute the RBI Governor, Mr.Duvvuri Subbarao. He is one of the few Govt bureaucrats we have today who has not bowed down to pressure from the Govt and the market

RBI CUTS RATES TWICE; BANKS NOT EVEN ONCE. WHY??

about 12 years ago

"RBI, in very short period of time, has cut repo rate twice. It is expected from the bankers that they pass on the benefits (to consumers)," said RBI Deputy Governor S S Mundra. How very true. There have been two rate cuts, 25 bps each; that makes it 50 bps in this year. Yet, there has been no movement from any bank to reduce rates. Especially after the second rate cut, it was expected that banks would toe the line and bring in that token 25 bps rate cut at least.

BUDGET - GAINERS AND LOSERS

about 12 years ago

The Budget has come and gone while we are still reading the fine print and looking at who gains and who loses. Prepared below is a broad list of companies which will stand to gain and lose based on the announcements made in the Budget. Have a look and get a perspective of India Inc and the Union Budget.

RBI POLICY - PAINTS A BLEAK OUTLOOK

about 14 years ago

RBI has been sending the message loud and clear for some time now to the Govt - get into action. But the Govt, deaf as usual, does not seem to be bothered, living in its fool's paradise as the people of India suffer a nightmare. But today's extremely hawkish statement by the RBI Governor, should hopefully wake up the comatose Govt

RBI ADOPTS A NEUTRAL STANCE - ALL EYES ON NEW DATA AND BUDGET

about 12 years ago

This was probably the most neutral RBI policy ever, with no guidance, no rate change, no change anywhere. The only change - it cut SLR rate by 50 bps to 21.5%, which would really have no real impact on the banks. The strong message which we got was that RBI is jittery about the Indian rupee and has put in place a few clauses to

HELLO! MUKESH AMBANI PLAYS A NEW CALLER TUNE

about 14 years ago

In June 2010, a month after the Ambani brothers terminated a non-compete agreement, Mukesh Ambani sounded the war bugle when he bought over a 95% stake Infotel Broadband. This was a company owned by Anant Nahatta, son of HFCL owner Mahendra Nahatta and Mukesh Ambani bought it for Rs. 4,800 crore, and is today a subsidiary of Reliance Industries.

FINALLY, WE WILL KNOW THE NAMES OF DEFAULTERS!

about 11 years ago

In May 2013, UCO Bank hit the headlines when it issued an advertisement in the newspapers, with a picture of Nitin Kasliwal, CMD of S Kumars Nationwide Ltd (SKNL), who is the guarantor of a Rs 110.07-crore loan taken by Reid & Taylor. The company had defaulted on its Rs.110 crore debt and UCO Bank

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

2016 - EMERGENCE OF A NEW TELECOM GIANT

about 11 years ago

2016 is going to be BIG for Mukesh Ambani. While younger brother is into everything - right from defence to infrastructure, elder brother is slowly but surely building his predominance in his core business - petrochemicals and now telecom. Mukesh Ambani has always done everything king style, huge, larger than life. His foray into Indian telecom is not small - its huge to put it lightly, nearly Rs.34,000 crore.

DULL POLICY BUT FIRE CRACKER PRESS CONFERENCE!

about 12 years ago

More than the policy, which was more status quo, with minor tweaking, it was the ensuing Press Conference which was more telling. It gave us a perceptive insight into the myriad of issues which the Governor is thinking about. And what we came across with was a very assuring feeling that the country's banking

RELIANCE JIO - ITS TIME FOR OTHER TELCOs TO RING '911'?

about 10 years ago

This is like a rock star event. There is really no other industrialist in India who garners so much attention and no AGM is covered like as though it is the biggest event of the year. When an elephant walks or decides to trample in the forest, the others scramble for safety. And that is what happens when Reliance decides to do things its way -

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.

RBI DECIDES TO WAIT-AND-WATCH

about 13 years ago

RBI has though warned. It has stated, "RBI will be vigilant. Even though the Reserve Bank maintains status quo today, it can help guide market expectations through a clearer description of its policy reaction function: if the expected softening of food inflation does not materialise and translate into a significant reduction in headline inflation in the next round of data releases, or if inflation excluding food and fuel does not fall, the Reserve Bank

THE US FDA SCANNER - MORE GET UNDER

about 12 years ago

This is the thought which comes to mind when we read this news today about Ipca labs also being pulled by the 'villain' of Indian pharma companies - the U.S. Food and Drug Administration (U.S. FDA). The stock is the top loser today on news that the FDA has initiated action at the company's Indore SEZ plant and Ratlam API unit.

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.

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

about 12 years ago

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

MUNDRA PORT AND SEZ

about 19 years ago

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

Rathi Bars

about 19 years ago

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

3iInfotech at 5% UC

about 5 years ago

The stock, which had closed yesterday at Rs.59.35, opened itself today higher at Rs.62.30, hitting the 5% UC where it remained frozen for the day

HAL hits new high

about 5 years ago

The stock opened Rs.10 higher but soon zoomed up to hit a new 52-week high at Rs.1693.20 and is currently trading at Rs.1682 levels

DB Realty hits 5% UC

about 5 years ago

The stock which had closed on Monday at Rs.95.15, opened higher today at Rs.99.85 and within seconds hit the 5% UC of the day at Rs.99.90, where it now stays frozen

Aviation stocks take off

about 5 years ago

Indigo opened 3.5% higher and rose to an intraday high at Rs.1726.45, going up 8%. Its 10% UC of the day stands at Rs.1760.05. Spicejet is also doing well

HOEC going good

about 5 years ago

The stock has been among the top gainers on the BSE today; opening 1.5% higher at Rs.208.25 and rising further to an intraday high at Rs.232.65

RIL gets huge "likes"

about 7 years ago

The stock opened with a gain of 6.8% at Rs.1320 and then surged over 8.5% to an intraday high at Rs.1339.20.

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.

Solara Active hits new low

about 5 years ago

The stock opened lower at Rs.642 and soon went down to hit a new 52-week low at Rs.632.15, something which has been happening through this week

Lumax Auto gets "OK"

about 7 years ago

The stock is in the limelight today morning, with the stock price soaring 7.5% to Rs.109.55. Volumes are also pretty robust.

GR Infra on good roads

about 5 years ago

The stock, which had closed yesterday at Rs.1427.40, opened today at Rs.1460 and went up to an intraday high at Rs.1480.

Himatsingka hits new low

about 7 years ago

The stock is the top loser on the BSE currently, hitting a new 52-week low at Rs.114 and presently remains around the same low.

Chalet Hotels in limelight

about 4 years ago

The stock price is in the green, rising over 3.5% to Rs.310 while its 52-week high is at Rs.332.15, hit on 6th April’22.

Torrent Power gets lit up

about 7 years ago

Torrent Power is in the limelight following its very good performance for Q1FY20. Volumes have surged over 3.5 times, with the stock hitting an intraday high at Rs.304.55, an increase of over 7%.

JMC Projects in the green

about 7 years ago

The market is enthused with this news and the stock opened with a gain of 4.5% at Rs.134. Its 52-week high is at Rs.150.

DHFL defaults and slips

about 7 years ago

The stock, which has been in the red for the past two days, opened at Rs.70.70, down 6.2% and then went on to hit an intraday low at rs.68.70,down 9%.

Cox & Kings tour grounded

about 7 years ago

Cox & Kings is the top loser on the BSE, yesterday and today. In fact it has been falling for the past three days and lost 27% in this period.

Dishman Carbogen in the limelight

about 7 years ago

The stock price has reacted positively, opening over 6% at Rs.226 and going on to hit an intraday high at Rs.232, up 9%. Its 52-week high is at Rs.314.65.

Mahindra CIE hits new low

about 7 years ago

The stock opened lower today at Rs.200.75, a fall of almost 3% and then went on to hit a new 52-week low at Rs.183.70.

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.

Sandhar Tech cheers and falls

about 7 years ago

Sandhar Technologies is having one volatile run today. The stock, which closed yesterday at Rs.268.65, opened higher at Rs.272.40 but soon profit booking at this level, pushed down the stock into the red

Eicher Motors hits new low

about 7 years ago

Eicher Motors posted a very disappointing set of earnings for Q1FY20 and market is punishing it for that. The stock, as such had been hitting new lows consistently and today, post the results it was no different

Ashok Leyland skids & hits a low

about 7 years ago

Ashok Leyland hit a new 52-week low today at Rs.60.85 and continues to remain among the top five losers on the BSE.

Tube Investments in news

about 4 years ago

The stock rose almost 4% to an intraday high at Rs.2088.40, just a tad away from its 52-week high of Rs.2095, which it had scaled last week.

L&T building up

about 4 years ago

The stock which had closed on Friday at Rs.1684.60, opened today at Rs.1700 and rose over 3% to an intraday high at Rs.1734.30. Its 52-week high stands at Rs.2078.20.

Mrs.Bectors gets tasty

about 4 years ago

The stock rose almost 3.5% to an intraday high at Rs.309.80 and is now trading at Rs.306 levels. Its 52-week high is at Rs.464.15.

Kingfa Science in the limelight

about 7 years ago

Kingfa Science opened at Rs.602.95, a gain of 3.2%, which was also its intraday high and it currently remains at this high level. Its market cap is at Rs.730 crore.

Triveni Engg hits new high

about 5 years ago

The stock which had closed yesterday at Rs.253.60, opened slightly lower today at Rs.247.50 but soon recouped, went on to hit a new high at Rs.269.35.

Biocon slips over 3%

about 7 years ago

Biocon opened 3% lower today morning at Rs.227.90 and went down further to an intraday low at Rs.226.40. It has recovered a bit but remains very much in the red.

Kajaria's new mosaic

about 7 years ago

Kajaria Ceramics, which closed on Friday at Rs.554.75, opened higher today at Rs.562.60, going up to an intra day high at Rs.571.50.

JMC Projects so close to 20% UC

about 7 years ago

JMC Projects is doing well in this negative market, reporting over 4 times surge in volume and stock price rising almost 20% at Rs.132.10, just 10 paise short of hitting the UC which is at Rs.132.20.

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

GMR Power at 5% UC

about 4 years ago

The stock which had closed yesterday at Rs.20.15, opened slightly higher today at Rs.20.65 and went on to soon hit the 5% UC of the day at Rs.21.15.

Camlin Fine rises 8%

about 7 years ago

Camlin Fine Sciences is a bright star today morning, rising 8% to Rs.63.95, going very close to its 10% UC at Rs.65.15.

NMDC hits new high

about 7 years ago

There really seems to be no stopping NMDC. The stock opened higher today, going on to hit a new high at Rs.124.25; profit booking at this level has now put the stock in the red

Crisil at a new high, again

about 7 years ago

Crisil, which closed yesterday at Rs.1788.70, opened stronger today at Rs.1800, going up to Rs.1811.95, a new 52-week high.

Peninsula Land zooms up

about 7 years ago

Following this clarification, the stock price zoomed up today over 5% to Rs.4.05. Its UC of 10% for today is at Rs.4.23.

Navin Flourine at new high

about 7 years ago

The stock which had closed yesterday at Rs.1021.80, opened higher today at Rs.1045, going on to hit a new 52-week high at Rs.1083.95.

Navin Flourine at new high

about 7 years ago

The top gainer on the BSE at opening bell, the stock opened higher today at Rs.1128, going on to hit a new 52-week high at Rs.1187.

Amber Enterprises at new high

about 7 years ago

The market is super thrilled with the Q3FY20 performance of Amber Enterprises. The stock rose to a 52-week high at Rs.1639, rising over 9.5%.

Tata Motors down over 2%

about 7 years ago

Things are not looking so rosy for Tata Motors today after it announced its monthly sales number for January. The stock price slipped over 2% to an intraday low at Rs.162.35.

Bharti Airtel most "Googled"

about 5 years ago

The stock is most certainly the news maker of the day currently, opening today at Rs.718 and going up to an intraday high at Rs.752.80

Phoenix Mills soars high

about 6 years ago

The stock opened almost 1.5% higher at Rs.763.60, going on to an intraday high at Rs.819, rising almost 9%. Volumes are up over 2-times.

Greenlam hits new high

about 5 years ago

The stock price has reacted positively to this news; the stock went on to hit a new high at Rs.1999 with an almost 5-times rise in volumes.

Mahindra Finance slips

about 6 years ago

Though the stock opened 1.5% higher at Rs.132.80, it soon slipped down to Rs.126 and hovering currently around the same levels.

Muthoot Finance at new high

about 6 years ago

The stock which had closed yesterday at Rs.1000.20, rose 14% to hit a new 52-week high at Rs.1139.75.

Ashok Leyland skids

about 6 years ago

Despite a poor show for Q4FY20, the stock price opened in the green at Rs.54.75 from its previous close of Rs.53.55. It went up further to Rs.55.50 but there it slipped

Mindspace listed at premium

about 6 years ago

The stock made its debut on the bourses today. On the BSE, it got listed at Rs.304 v/s its issue price of Rs.275.

Neuland Labs at new high

about 6 years ago

The stock, which had closed yesterday at Rs1390.65, opened higher at Rs1456 and went on to hit a new high at Rs.1534.10.

GMR Infra up 7%

about 6 years ago

The stock is up 7% at Rs.22.70 with a 1.5 times surge in volumes. Its 10% UC of the day is at Rs.23.30.

Bajaj Auto zooms over 8%

about 6 years ago

The stock is having a field day today, figuring among the top five gainers on the BSE since the opening bell and surged over 8%

Ashok Leyland at new high

about 6 years ago

The stock, which had closed yesterday at Rs.22.25, opened higher and went on to hit a new high today at Rs.133

Prestige Estates goes “Black!”

about 6 years ago

The stock had closed in the green on Friday at Rs.260.50 and today morning, it opened over 3.5% up at Rs.269.80, which was also its intraday high; profit taking at this level

Cochin Shipyard up 5%

about 6 years ago

The stock rose almost 5% to hit an intraday high at Rs.376.40 and remains firmly in the green. Its 20% UC for the day is at Rs.430.85.

Tata Motors back on roads

about 6 years ago

From its close of yesterday at Rs.135.70, it opened today at Rs.138.20 and rose to an iintraday high at Rs.143.15, not too far from its 10% UC of the day at Rs.149.25

Panacea Biotec at 20% UC

about 6 years ago

The stock which had closed yesterday at Rs.169, it opened higher at Rs.177.95 and soon hit the 20% UC at Rs.202.80.

Biocon falls over 9.5%

about 6 years ago

The market gave the performance a thumbs down, with the stock price slipping over 9.5% to Rs.399.45, not to far from its 10% LC of the day

Prestige Estates up, then down

about 6 years ago

The stock opened higher at Rs.263, from its close of Rs.259.70 and went up further to Rs.264.80, up 2%. But from there, it went down 1% to Rs.257

Meghmani Organics gets going

about 6 years ago

The stock rose over 5% to Rs.78.85 and continues to trade at Rs.78 levels currently. Its 52-week high stands at Rs.85.

Phoenix Mills soars high

about 6 years ago

On this news, the stock price has shot up like a phoenix – currently up over 12% at Rs.774, with volumes more than doubling up.

Ultratech Cement at new high

about 6 years ago

The stock, which had closed yesterday at Rs.4892.25, closed higher and soon went on to hit a new high at Rs.5198.30.

M&M in price hike mode

about 6 years ago

The stock, which had closed yesterday at Rs.718.25, opened today at Rs.735 and rose to hit an intraday high at Rs.745.55.

Adani Green basks in sun

about 6 years ago

The stock is making a mark on the last day of the year. It surged almost 4% to hit an intraday high at Rs.1090.70

Filatex India at new high

about 6 years ago

The market has reacted well to this news and the stock price hit a new high today at Rs.49 on the back of robust buying.

Eicher Motors over 3%

about 6 years ago

The stock today opening in the positive and rose over 3% to an intraday high at Rs.2620. Its 52-week high stands at Rs.2724.90.

Lloyds Metals hits new high

about 6 years ago

The stock, which had closed yesterday at Rs.16.19, rose to Rs.16.80 and went on to hit a new high at Rs.17.49, rising up over 8%.

Gujarat Gas rises up

about 6 years ago

The stock, which had closed on Friday at Rs.379.75, surged today to hit a new high at Rs.433.45 on the back of an 8.5-times rise in volumes.

Tata Power spikes up

about 6 years ago

The stock is very much in the focus today morning, what with the stock going on to hit a new high today at Rs.114

BCL Inds turns sweet

about 5 years ago

The stock opened almost flat at Rs.239.80 and once the news came in, rose to an intraday high at Rs.262.05, with volumes up over 4.5 times.

Cipla hits a new high

about 5 years ago

From its yesterday’s close of Rs.979, the stock opened 1.5% higher at Rs.994 and went on to hit a new 52-week high at Rs.997.20.

Atul Auto zooms ahead

about 5 years ago

The stock almost 3% to hit an intraday high at Rs.225, not too far from its 52-week high of Rs.237 and is now trading at Rs.221 levels.

Kotak Mahindra up 3%

about 5 years ago

The stock rose today morning to an intraday high at Rs.1963, rising 3%. Its 52-week high is at Rs.2048.95.

Gokaldas Exports up 5%

about 5 years ago

The stock price opened 1.5% higher at Rs.202 and went on to hit an intraday high at Rs.208.60, hitting the 5% UC briefly.

Sobha in limelight

about 6 years ago

The stock, which had closed yesterday at Rs.410.90, rose 7% to hit an intraday high at Rs.439.70. Its 52-week high stands at Rs.463.30.

IBREL up over 5%

about 5 years ago

The stock is doing well today morning, opening 2% higher at Rs.156.80 and rising further to an intraday high at Rs.162, up over 5%.

Time Techno top gainer

about 5 years ago

The stock is up among the top five gainers since the opening bell today, with the stock price rising 8% to hit an intraday high at Rs.89.50.

Bliss GVS in limelight

about 5 years ago

The stock is currently among the top three gainers on the BSE, rising 13% to hit an intraday high at Rs,121.80. Its 20% UC for the day is at Rs.129.10.

Ashok Leyland gets electrified!

about 5 years ago

The stock, which had closed yesterday at Rs.125.25, opened ay Rs.127.05 and went on to hit an intraday high at Rs.137.45

Battery makers get "incentivised"

about 5 years ago

Exide Industries, which had closed yesterday at Rs.183.75 and rose to an intraday high at Rs.185.05. Amara Raja is also up in the green, opening at Rs.740