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Shree Renuka turns bitter

about 11 years ago

A company as big as Shree Renuka Sugars has turned into a penny stock. The stock had hit a new low at Rs.7.03 on 25th Sept and today it down at Rs.7.40 levels. The overall mood on the counter is pretty somber. The company announced yesterday that its Brazilian subsidiary of the company viz., ...

Shree Renuka turns sweet

about 7 years ago

As against a two-week average traded quantity of 80,000 shares of Shree Renuka, some 2.10 lakh shares changed hands today morning. The stock hit the 20% UC at Rs.9.69

Shree Renuka tastes bitter

about 10 years ago

Not surprisingly, Shree Renuka Sugar is holding tight to its top loser position on the BSE right since the opening bell. The stock price slipped 6.5% to Rs.14.50 and remains firmly entrenched in the red.

Shree Renuka tastes bitter

about 11 years ago

Notwithstanding the current optimism in the sugar sector, Shree Renuka Sugar is amongst the top five losers on the bourses, currently at an intra day low level of Rs.14.65, down almost 3%. The reason for the stock slumping down today is an downgrade report from rating agency, ICRA. It has do ...

Shree Cement gets rejigged

about 4 years ago

Due to this Shree Cement is in the red today, going down 1.5% to Rs.20850.65 and Adani Enterprises was up 1% at Rs/3595.

Sita Shree Food

about 19 years ago

Price Band : Rs. - to Rs. -
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Shree Pushkar

about 11 years ago

Price Band : Rs. - to Rs. -
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Shree Tirupati Balajee Agro Trading

about 2 years ago

Looks Deceptive
Subscription Start Date :5 Sep 2024 End Date :9 Sep 2024
Issue Size : Rs. 170 cr, Issue Type : Fresh cum OFS
Price Band : Rs.78 to Rs. 83
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Overall Subscription : 123.65x
QIB : 150.87x,HNI :209.78x,Retail :71.17x
Listing Date : 12 Sep 2024, , Listing Price : 90

Pace Digitek picks up pace

about 6 months ago

The stock was trading higher today, with the stock up 5.24% at Rs.182.90 on the BSE around late morning trade, after moving between Rs.175.45 and Rs.183.40. The counter opened at Rs.175.85 versus the previous close of Rs.173.80, while VWAP

Pace Digitek picks up pace

about 24 days ago

The stock opened sharply higher at Rs. 165.55 against the previous close of Rs. 154.80 and touched an intraday high of Rs. 174.90. Volumes were strong, with 7.64 lakh shares traded against a two-week average of just 0.41 lakh shares, while turnover stood at Rs. 13.07 crore.

Shree Renuka remains sweet

about 13 years ago

Shree Renuka Sugars remains in the limelight. The stock is currently up almost 4% at Rs.31.35, a tad shy of breaching its 52-week high of Rs.31.80. The stock remains in the green following the opening of its open offer yesterday. This offer is from Wilmar International, which plans to acquir ...

Shree Renuka down over 6%

about 13 years ago

Shree Renuka Sugars is down over 6% at Rs.21.10, with an intra day low at Rs.20.25. Volumes are up almost 8 times. The stock is down in the red today that it has entered into an agreement with Wilmar International, which will help bring in an investment of around $200 million in primary capi ...

Shree Renuka turns sweeter

about 13 years ago

Shree Renuka Sugars is on the surge today, up currently3% at Rs.23.25, with an intra day high and low at Rs.23.90 and Rs.23.30. Its 52-week high is at Rs.35.90. The stock is up on unconfirmed news reports that the Wilmar International is interested in picking uo a majority stake in the compa ...

Shree Cement rises and tanks

about 9 years ago

The stock price is down in the red currently, with profit booking coming in at higher levels. In an immediate reaction to the numbers, the price rose 1.5% to Rs.19,800 but now stands at Rs.19,272, down 1.2%.

Shree Cement builds up

about 6 years ago

The stock opened at Rs.23,170, up 2% but at that level, profit booking pushed it down to Rs.22,732.45 and it is now just about in the green

Shree Rama Newsprint up 3.5%

about 6 years ago

The stock, opened 3.66% higher at Rs.14.15 and it look as though it is frozen there. Its 20% UC for the day is at Rs.16.38.

Shree Cement cracks

about 5 years ago

The stock opened slightly in the green at Rs.27155 and even rose further to Rs.27443.80 but from there it has been going only down and is now trading at Rs.26399.

Shree Cement cracks up

about 3 years ago

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

GROWTH SLOWS, INFLATION PICKS UP PACE

about 7 years ago

IIP for May came in lower at 3.1% v/s 3.4% (MoM) and CPI was at 3.18% for June v/s 3.05% (MoM) and this was obviously led by increase in prices of food and vegetables/fruits. Growth for May is a disappointment but then looking at the high frequency data for the past few months, this does not come as a surprise at all

Shree Ganesh Elastoplast,Shri Ganesh Jew

about 17 years ago

Price Band : Rs. - to Rs. -
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Shree Pushkar lists at 8% discount

about 11 years ago

Shree Pushkar Chemicals got listed at Rs. 60 per share this morning, against issue price of Rs. 65 i.e. at an 8% discount. However, within minutes of opening, share hit 5% upper circuit, and remain frozen at Rs. 63 currently. Since the share has got listed in the trade-2-trade seg ...

Shree Ganesh Jewellery shines

about 13 years ago

The spike up in the price is on account of the statement issued by the company yesterday. It has stated that the company has approached State Bank of India (SBI), the Lead Bank of the Consortium for referring the matter to Corporate Debt Restructuring Cell for Corporate Debt Restructuring (CDR) o ...

Pace Digitek

about 1 year ago

Inexpensive for Expected Growth & Diversification
Subscription Start Date :26 Sep 2025 End Date :30 Sep 2025
Issue Size : Rs. 819 cr, Issue Type : Fresh Issue
Price Band : Rs.208 to Rs. 219
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Overall Subscription : 1.59x
QIB : 1.6x,HNI :2.9x,Retail :1.03x,Other :1.7x
Listing Date : 6 Oct 2025, , Listing Price : 225

Shree Ganesh loses its shine

about 13 years ago

Shree Ganesh Jewellery, which had closed yesterday at Rs.36.95, opened weak and soon breached the 10% lower circuit filter at Rs.33.30. This was on the back of the poor performance it reported for Q2FY14. The company reported a huge loss at Rs.1048 crore v/s a net profit of Rs.83 crore (YoY) ...

Shree Ram Twistex

about 8 months ago

Nothing Auspicious
Subscription Start Date :23 Feb 2026 End Date :25 Feb 2026
Issue Size : Rs. 110 cr, Issue Type : Fresh Issue
Price Band : Rs.95 to Rs. 104
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Overall Subscription : 43.66x
QIB : 3.94x,HNI :220.3x,Retail :76.63x
Listing Date : 2 Mar 2026, , Listing Price : 68

Cement stocks lead losers

about 9 years ago

Today the losers list on the BSE is dominated by cement companies, mainly based in Northern India. JK Lakshmi Cement is down almost 5%, Shree Cement is down 4.5%, India Cement is down 3% and so is Ramco Cements

Sugar stocks turn sweet

about 3 years ago

Sugar stocks are rejoicing and lead the gainers. Bajaj Hindusthan rose 7%, so did Shree Renuka Sugars; Balrampur Chini rose 6% and Dalmia Bharat Sugar also rose 6%. Uttam Sugar rose 6.5%

Cement stocks crumble

about 4 years ago

All across the board, the stocks – Ultratech, Ambuja, ACC, Shree Cement, India Cement, Ramco, JK Lakshmi, Dalmia Bharat, Orient Cement, Birla Corp, JK Cement are down in the red.

Sugar stocks turn bitter

about 4 years ago

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

Sugar stocks down in red

about 5 years ago

Triveni Engineering is among the top five losers since opening bell and all other sugar stocks too – Shree Renuka once again skimmed the 5% LC

Sugar stocks turn sweet

about 6 years ago

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

Sugar stocks become ‘mishti doi!’

about 7 years ago

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

Sugar stocks in festive mood

about 8 years ago

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

Tara Jewels gets back its shine

about 10 years ago

Tara Jewels is a stock which figures out today amongst the big gainers currently, up 9% at Rs.41, TBZ is up over 2%, Shree Ganesh Jewellery is up over 5%, Titan is also up over 2%, PC Jeweller is up over 3%. As one can see, all jewellery stocks are up in the green. The reason is that their 6- ...

Sugar stocks turn sweet

about 9 years ago

Right across the board, sugar stocks were up in the green – Shree Renuka, Dwarikesh, Bajaj Hindusthan, Dhampur Sugar, Triveni Engineering, Balrampur Chini and EID Parry.

Sugar stocks become sweet again!

about 10 years ago

Sugar stocks are up in the green today. Balrampur Chini is the top gainer on the BSE since opening bell, going up 5% at Rs.121.80, Shree Renuka also went up 5% to Rs.13.84, Bajaj Hindusthan is up 2% at Rs.13.68. Upper Gangs has breached the 10% UC at Rs.271.50. Explaining the reason for this ...

Cement stocks up in the green

about 11 years ago

Cement stocks are up in the green today. Ambuja Cement is up at its intra day high point at Rs.181.75 – up over 1.5% , Ultra tech is up almost 2% at Rs.2825, ACC is up 1% at Rs.1328 levels, India Cement is up 2.5% at Rs.83 and Shree Cement is up over 1% at Rs.1087.65. The Competition A ...

Sugar stocks turn sweet

about 11 years ago

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

Sugar stocks turn sweet

about 11 years ago

Sugar stocks are rallying today with Shree Renuka leading the pack, up over 15.5% at Rs.10, with volumes surging almost 3 times. Its 52-week high is at Rs.20.50 and market cap is at Rs.915 crore. Shree Renuka and the rest – Dhampur, Balrampur Chni, Sakthi Sugars, Bajaj Hindustan, Thiru ...

Sugar stocks turn bitter

about 12 years ago

Sugar stocks seem to have developed a bitter taste today. Shree Renuka Sugar is currently the top loser on the BSE. The stock is down over 3.5% at Rs.13.45 and 52-week low stands at Rs.12. Balrampur Chini is also down in the red – down almost 3% at Rs.52 levels. The sector is back in t ...

Sugar stocks get sweet

about 12 years ago

Sugar stocks are up amongst the top gainers on the BSE currently. Shree Renuka Sugar is the top gainer, up over 7% at Rs.18.05 followed by Balrampur Chini, the second top gainer, up 7% at Rs.62.70. Sugar stocks are up as they could end up making more money with the Gov finally fixing the sal ...

Bajaj Hindusthan becomes sweet

about 14 years ago

Almost the entire sugar pack is up in the green with the pack being led by Bajaj Hindusthan. It is currently up over 3% at Rs.20.25 with an intra day high at Rs.20.40. Others like Shree Renuka, Dhampur, Balrampur Chini, all are up in the green. The sugar pack is up once again on hopes getting ...

Sugar stocks get sweet

about 2 months ago

Sugar stocks extended gains on Thursday, with Avadh Sugar & Energy and Bajaj Hindusthan rising over 6%, while Dwarikesh Sugar, Shree Renuka Sugars and Dhampur Sugar Mills gained up to 5% in intra-day trade.

JEWELLERY STOCKS SHINE - BEDAZZLED?

about 14 years ago

Diwali has come and gone. But looks like the sparkle has come to the jewellery stocks only now. And today, the shine has become bright for some jewellery stocks hitting new highs - Gitanjali Gems, Thangamayil Jewellery, Tribhovandas Bhimji, Vaibhav Gems; all these have literally blinded the Street with their sparkle today. Shree Ganesh Jewellery

Bharti Airtel - Sending LOUD & CLEAR Message

about 5 years ago

Even Funds and Institutional Investors, keen to have pure telecom exposure, are seen moving from RIL to Airtel now, while this pace will gather momentum, on unfolding of more news flows.

AFFLICTED, DEAD, CURED AND STAYING HEALTHY – MATH OF EARNINGS

about 7 years ago

If it had been business as usual, we would be looking at the Results Calendar, trying to keep pace with the speed at which results for Q4FY20 and FY20 would have started pouring in. Today, we are at 13th and the first one, Wipro will be on 15th, which is mid-month and TCS following closely the next day on 16th. HDFC Bank is 18th.

COBRAPOST, NEPOTISM, CBI - NOT DAAL MEIN KAALA, ENTIRE DAAL IS BLACK!

about 14 years ago

Fast and furious. That's the pace of the worms coming out of the rotten can. It used to be one scam per week, then per day but now it looks like, its scam every hour!

DAL-CHAWAL BECOMES A DELICACY

about 11 years ago

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

MARKET NOW NEEDS SITHARAMAN, DESPERATELY!

about 5 years ago

Forced by rising inflation, the US Fed Reserve yesterday night signaled a rate hike during its 15-16th March meet, very much what the global markets were all expecting. The Fed very clearly spelt out that we will be looking at not just March but a steady pace of increasing interest rates, at a much faster pace than what was anticipated.

L&T picks up momentum

about 9 months ago

The intraday price range saw a high near Rs. 3,935 and a low around Rs. 3,850, with the stock’s VWAP around Rs. 3,897, reflecting steady accumulation in a heavyweight index constituent.

MIC Electronics locked at 10%UC

about 9 months ago

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

Groww rises 3%

about 9 months ago

The stock moved in a wide band, with trades seen from the mid-Rs. 155 zone to the low-Rs. 160s, while turnover was active and the company’s market capitalisation hovered around Rs. 1.0 lakh crore

TARIL in reckoning

about 10 months ago

The stock remains within its 52-week range of Rs. 230.00–650.23, implying a market capitalisation of about Rs. 9,157 crore.

Cummins faces outage

about 7 years ago

In fact, its consecutive two sessions, Friday and today that the stock has been falling and has lost over 13.5%.

Textile stocks jump back up

about 9 months ago

Gokaldas Exports and K.P.R. Mill were among the sharp movers, with multiple textile names rising up to about 20% in the session, alongside strong moves in Kitex Garments, Trident, Arvind and Alok Industries.

Latent View gets dynamic

about 10 months ago

At current levels the stock trades about 8% below its 52-week high of roughly Rs 520 and implies a market capitalisation near Rs 9,900 crore, with a rich trailing consolidated P/E multiple of about 41 times

Kesoram Industries hits 20%UC

about 11 months ago

The stock jumped from a previous close of Rs 5.44 to Rs 6.52, its upper price band and also the 52-week high for the day’s revised band, on volumes of about 52 lakh shares versus a two-week average of under 4 lakh

RPP Infra on good roads

about 11 months ago

The stock opened firm at Rs 112.50 versus a previous close of Rs 107.50 on the BSE, hit an intra-day high of Rs 115.20, and was hovering in the Rs 110–115 band with a VWAP

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

Sharda Cropchem in green

about 11 months ago

At current levels, the stock remains well below its 52-week high of Rs.1,180.30 but has rebounded sharply from the 52-week low of Rs.440.05,

Sical Logistics in news

about 11 months ago

The stock opened at Rs.96.85 and touched an intraday high of Rs.98.62, trading around Rs.96–97 levels, compared with a largely flat broader market.

South Indian Bank slips 19%

about 9 months ago

The stock came under sharp selling pressure in Friday’s morning trade, sliding as much as 19% to around Rs. 36 a share and hitting a three-month low, even as the broader market also traded weak.

B L Kashyap in the green

about 8 months ago

The stock was trading at around Rs. 51.75, up 2.92% from the previous close of Rs. 50.28, after touching an intraday high of Rs. 54.55. The counter opened at Rs. 52.95 and traded in the Rs. 51.22–54.55 band, with VWAP near Rs. 52.89.

Hitachi Energy zooms up

about 8 months ago

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

‘New Energy’ Plans of RIL – Look Like Paper Projects?

about 5 years ago

Bulk of the announcements will only end up with a small side division and will NOT materially contribute to the future growth of RIL

Prudent Corporate

about 5 years ago

Imprudent Pricing
Subscription Start Date :10 May 2022 End Date :12 May 2022
Issue Size : 539 cr, Issue Type : OFS
Price Band : Rs.595 to Rs. 630
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Overall Subscription : 1.22x
QIB : 1.26x,HNI :0.99x,Retail :1.29x,Other :1.23x
Listing Date : 23 May 2022, , Listing Price : 650

Sula Vineyards

about 4 years ago

Not worth ‘Tasting’
Subscription Start Date :12 Dec 2022 End Date :14 Dec 2022
Issue Size : 960 cr, Issue Type : OFS
Price Band : Rs.340 to Rs. 357
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Overall Subscription : 2.33x
QIB : 4.13x,HNI :1.51x,Retail :1.65x
Listing Date : 22 Dec 2022, , Listing Price : 357

Aadhar Housing Finance

about 2 years ago

Can expect 15%-20% Listing Gain
Subscription Start Date :8 May 2024 End Date :10 May 2024
Issue Size : Rs. 3,000 cr, Issue Type : Fresh cum OFS
Price Band : Rs.300 to Rs. 315
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Overall Subscription : 26.76x
QIB : 76.42x,HNI :17.33x,Retail :2.58x,Other :6.88x
Listing Date : 15 May 2024, , Listing Price : 315

Akums Drugs

about 2 years ago

Aggressively Priced
Subscription Start Date :30 Jul 2024 End Date :1 Aug 2024
Issue Size : Rs. 1,857 cr, Issue Type : Fresh cum OFS
Price Band : Rs.646 to Rs. 679
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Overall Subscription : 63.44x
QIB : 90.09x,HNI :42.1x,Retail :20.8x,Other :4.14x
Listing Date : 6 Aug 2024, , Listing Price : 725

Reliance Industry Share Price & History

about 8 years ago

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

Bank of Maharashtra - Seen Ahead In Stake Sale By Govt.

about 5 years ago

This retail float is of Rs. 365 crore, while 75% of this may not come for selling. So, MF & FIIs seen keen buyer will have a maximum float available of Rs. 92 crore, which is peanut for them.

IT stocks say,"AI AI!"

about 1 month ago

The stock led a sharp rebound in Indian IT stocks on Tuesday, September 15, with the Nifty IT index rallying nearly 5% and stocks such as Infosys, HCLTech and TCS gaining up to 6%, after global AI leaders called

Garuda Construction in news

about 1 year ago

The stock rallied sharply in today's session, rising as much as 11% to hit an intraday high of Rs.209.30, after the company announced a significant project win in Mumbai’s real estate redevelopment space.

Jamna Auto skids

about 2 months ago

It is currently the top loser on the BSE, falling 11.08% to Rs. 128.75. The stock opened weak at Rs. 137.55 against its previous close of Rs. 144.80 and slipped to an intraday low of Rs. 121.45. Market depth, however, showed buy quantity at 1,13,621 against sell quantity

Sky Gold shines bright

about 2 months ago

The stock s currently among the top three gainers on the BSE, rising 10.12% to Rs. 789.45. The stock touched a fresh 52-week high of Rs. 814.40, against its previous close of Rs. 716.90. Market depth was almost evenly matched, with sell quantity at 39,923

Waree slips on margin fall

about 3 months ago

The stock opened lower at Rs. 989.35, touched an intraday high of Rs. 995 and slipped to a low of Rs. 951.05, as investors reacted to margin contraction in Q1 despite strong revenue and profit growth.

Indoco in limelight

about 5 months ago

Currently, the stock is at Rs. 213.25, up Rs. 9.50 or 4.66%, after opening at Rs. 216.00. The counter has traded in the Rs. 208.55–220.20 range so far, with VWAP around Rs. 212.82, versus a previous close of Rs. 203.75; the stock remains well below its 52-week high of Rs. 348.10,

Fujiyama Power gets "on!"

about 5 months ago

The counter opened sharply higher at Rs. 286.60 versus the previous close of Rs. 273.10 and briefly touched its 5% upper price band of Rs. 286.75, before easing off the highs; the day’s range stood at Rs. 277.00–286.75 with VWAP at Rs. 285.37

Tejas loses its 'tej'

about 6 months ago

The Tata group telecom equipment maker’s Q4FY26 print and commentary fell short of what the Street was positioned for. The stock was down about 4% to 6% intraday and traded near Rs.423.50 to 430.80

Park Medi hits new high

about 6 months ago

The stock opened at Rs. 208.60 and touched an intraday high of Rs. 216.00, also its 52-week high, before easing, with the day’s low at Rs. 207.75 and VWAP around Rs. 211.49. Trading volumes were modest (TTQ about 0.32 lakh shares)

KEC Int falls sharply

about 11 months ago

The stock opened weak at Rs.744.95, slid to an intraday low of Rs.724.60, and was trading around Rs.735 levels, down nearly 6 per cent compared with a flat BSE Sensex. The fall comes after Monday’s post-market disclosure of PGCIL’s

SWERL in red while Q3 is in black

about 2 years ago

The stock is the top loser on the BSE despite posting a good set of earnings for Q3FY25 as profit booking came in, following the market moods.

Ipca Labs at new high

about 7 years ago

In the market carnage, this is one stock which has hit a 52-week high at Rs.1615.17, a jump of over 17%.

Jain Irrigation bountiful harvest

about 12 years ago

Jain irrigation is doing extremely good today morning. The stock has breached the 15% upper circuit at Rs.65.40 and it now galloping ahead, up almost 17% at Rs.66.25. Volumes have jumped up over 4 times. The market is thrilled to bits with this performance of Jain Irrigation for Q4Fy15. Cons ...

Sugar stocks taste bitter

about 5 months ago

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

CarTrade Tech

about 5 years ago

Verdict :Profitable Start-up with Exorbitant Pricing
Subscription Start Date :9 Aug 2021 End Date :11 Aug 2021
Issue Size : 3000 cr, Issue Type : OFS
Price Band : Rs.1585 to Rs. 1618
--------------------------------------------------
Overall Subscription : 20.29x
QIB : 35.45x,HNI :41x,Retail :2.75x
Listing Date : 20 Aug 2021, , Listing Price : 1600

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.

Lupin gets a shot in the arm

about 13 years ago

Shares of Lupin Limited are up 1.6% at Rs. 864 on NSE, post announcement from the company that it has successfully launched generic Zymaxid ophthalmic solution used in treating bacterial conjunctivitis in the US market, which has an annual size of approximately $ 62.3 million. Being the first to ...

BHEL and capital goods on the rise

about 12 years ago

BHEL is doing well today, opening Rs.2 higher and going on to hit an intra day high at Rs.275.75, up almost 3%. Other capital goods stocks like Thermax, ABB, BEML, Crompton Greaves and L&T are all in the green. This sudden liking for capital good stocks is optimism rising from the latest ...

Sobha remains subdued

about 12 years ago

Realty company, Sobha is pretty volatile today with the stock opening lower at Rs.455 and going down an intra day low at Rs.422.55. Volumes are up over four times. Though it has come off these low levels, it is less than one percent in the red currently. The stock is down after the company y ...

Supreme Petro only-buyer on stellar results

about 11 years ago

Polystyrene maker Supreme Petrochem’s shares are locked in 20% upper circuit, both on NSE and BSE, at Rs. 114.40 per share, which is also the share’s new 52 week high priece. The counter remains an only-buyer, with outstanding buy orders of 2.28 lakh, at the upper circuit price, on bo ...

Two listings - both at discount

about 8 months ago

The message from the market was clear: in the current environment, investors are unwilling to pay up for either iffy demand signals (poor subscription) or small-ticket, sentiment-heavy SME-style issues, and listing gains are no longer being handed out as a default.

Bharat Forge down on CLSA snub

about 11 years ago

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

HCL Tech loses ground

about 9 years ago

HCL Tech is amongst the top losers on the BSE today morning. The stock fell 4.75% to Rs.1001.55; it has recouped since then and did not fall below the Rs.1000-mark. Its 10% LC for today is at Rs.946.30.

Wipro grabs some eyeballs

about 8 years ago

Wipro went up 2% to Rs.272 though volumes remained muted. It is currently just about holding onto the green, barely 0.15% up.

Indigo in rough weather

about 8 years ago

InterGlobe Aviation or Indigo slipped almost 4% to Rs.1181.10 and continues to remain firmly in the red; it is the second top loser on the BSE.

Suzlon slumps on Q1 loss

about 8 years ago

Following this poor show, Suzlon is currently the second top loser on the BSE, going down 7% to Rs.7.30. Its 52-week low is at Rs.6.85.

Infosys down on poor guidance

about 8 years ago

Infosys is among the top five losers on the BSE, going down over 4.5% to Rs.713.70 and it has underperformed the sector by almost 4%.

Kotak Bank remains down

about 7 years ago

The stock price yesterday fell, post the earnings by over 4% to Rs.1618.05; today it opened lower at Rs.1608.90 and went down further 2% to Rs.1586.05.

Market trips on oil

about 7 months ago

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

Sugar & distillery stocks high

about 2 years ago

Following this development, sugar and distillery stocks are up, with Dalmia Bharat hitting a new high at Rs.495.95, Globus Spirits also hitting a new high at Rs.1025

Titan has good times

about 4 years ago

The stock is currently the top gainer on the BSE, cheered up by its robust quarterly update. The stock price surged up almost 6% to hit an intraday high at Rs.2744.30, not too far from its 52-week high

IRB Infra back on track

about 6 years ago

The stock price rose 3.5% to Rs.117.65. Its 52-week high is at Rs.138.80 and low at Rs.46. Its 20% UC for the day is at Rs.136.55.

Blue Dart rises over 2.5%

about 4 years ago

The stock is in the limelight today, rising over 2.5% to Rs.8930.20 though volumes are muted; Its 52-week high is at Rs.9277.

Power Mech buzzing loud

about 5 years ago

The stock is pretty volatile today morning, opening over 4% higher at Rs.938 but profit booking at this level pushed the stock back, just about holding onto the green;

VA Tech does well

about 5 years ago

As against its yesterday’s close of Rs.295.55, it opened today at Rs.310 and went up to an intraday high at Rs.340. Its 20% UC for the day is at Rs.354.65.

Genus Power in limelight

about 5 years ago

The stock which had closed yesterday at Rs.71.35, opened today at Rs.72 and went on to an intraday high at Rs.74.90. Its 52-week high is at Rs.93.85.

Aurum hits new high, again!

about 5 years ago

The stock was locked at the 10% UC yesterday at Rs.146.40, hitting a new high. Today too, the stock hit the UC at Rs.161, a new high.

Aurionpro at new high

about 6 years ago

From its close of Rs.83.75, the stock, which had opened lower in the morning at Rs.82.70, zoomed up to hit a new high later at Rs.100.50

Sugar pack gets sweeter

about 14 years ago

As expected, the entire sugar pack is up today morning following the news of partial decontrol by abolishing the monthly release mechanism and doing away with the mills' obligation to supply levy sugar for subsidised wherein the Govt will bear the subsidy for the PDS sugar. The ex-mill sugar ...

Ambuja Cement hits new high

about 2 years ago

The stock is doing fantastic today morning; from its close of Rs.664.30, the stock opened 4% higher and went on to hit a life-time high at Rs.690 and is currently trading at Rs.681levels.

Titan loses its shine

about 13 years ago

Jewellery stocks are down in the red today and leading the pack is Titan Industries. The stock is currently down almost 2.5% at Rs.239.25, closer to its intra day low at Rs.235. The company had hit a 52-week low on 13th June at Rs.200. The stock, along with PC Jewellers, Thangamayil, Tribhov ...

Jewellery stocks dazzle

about 13 years ago

The top gainers currently on the bourses are Gitanjali Gems, up almost 13.5% at Rs.104, followed by Titan which is up over 9% at Rs.338 and even MMTC is up – over 6.5% at Rs.97.95. TBZ briefly breached the upper circuit at Rs.191.80, Thangamayil is up almost 20% at Rs.154, PC Jeweller ...

Tea stocks are piping hot

about 11 years ago

Harrisons Malayalam is really piping hot today, currently up 12.5% at Rs.61 levels with volumes up almost 12.5 times. It hit an intra day high of Rs.62.45 which was inches away from its 52-week high of Rs.63.90. Another tea company, McLeod Russel is amongst the top gainers on the BSE, with volume ...

Shiva Cement once again in UC

about 10 years ago

Almost the entire of last week, Shiva Cement had been breaching the 5% upper circuit and today too, the penny stock breached the UC at Rs.7.90. Stock with a market cap of over Rs.150 crore, its 52-week high is at Rs.11.80. The news is that the promoters of Shiva Cement have been looking for ...

Petron Engineering jumps up over 11%

about 10 years ago

Petron Engineering Construction clocks volume of less than 2500 shares on a two-week average. And today since opening bell, already some 17,000 shares have changed hands. The stock price has surged over 11% to Rs.154 levels; it has come off from there and is now hovering at Rs.146 leve ...

Sugar stocks have spirited run

about 8 years ago

Balrampur Chini Mills in the top gainer on the BSE since morning, going up over 12% to Rs.87.25. Almost all the sugar stocks are up in the green.

Nila Infra up 20%

about 3 years ago

The stock, opened 20% higher at Rs.6.7, touching the UC on the back of some 8-times surge in volume. Its 52-week high is at Rs.8.65, hit in Sept’22.

Star Health

about 5 years ago

Extremely Expensive Shine
Subscription Start Date :30 Nov 2021 End Date :2 Dec 2021
Issue Size : 7249 cr, Issue Type : Fresh cum OFS
Price Band : Rs.870 to Rs. 900
--------------------------------------------------
Overall Subscription : 0.79x
QIB : 1.03x,HNI :0.19x,Retail :1.1x,Other :0.1x
Listing Date : 10 Dec 2021, , Listing Price : 845

Newgen Software

about 9 years ago

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

ITI Ltd

about 7 years ago

Verdict :It’s a Wrong Number - IPO withdrawn
Subscription Start Date :24 Jan 2020 End Date :5 Feb 2020
Issue Size : 1400 crore, Issue Type : Fresh issue
Price Band : Rs.71 to Rs. 77
--------------------------------------------------

Listing Date : 13 Feb 2020,

RBI THROWS A GOOGLY - HIKES REPO RATE BY 25 BPS

about 13 years ago

This rate hike is keeping in line with the Urjit Patel report where the RBI is looking at a shift from WPI to CPI and priority remains price stability though the Governor did voice concern over the falling growth. The forward guidance given by RBI is dovish and this would be highly data dependent. A "dovish" stance means there are no aggressive undertones to the document. On the other hand, a "hawkish" tone would have meant the exact opposite

CHINA - SLOWING DOWN?

about 14 years ago

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

Reforms: 'Derailed' or 'On Track'

about 14 years ago

Congress, the largest partner of UPA-II, having a seat strength of 202 MPs (in reduced strength of 254 MPs now), has decided not to submit to the TMC demands and has firmly reiterated its commitments to continue with these reforms. Indeed a good move by the Congress!

BERNANKE DEFINES TIMELINE FOR EASING OF QE

about 14 years ago

Ben Bernanke's much anticipated Federal Open Market Committee (FOMC) on Wednesday was a non event. But then, that would be unfair; at least Bernanke buoyed up the markets by saying that he was keeping the $85 billion monthly bond buying program intact. So QE remains, the stimulus remains.

POLITICS OF POVERTY AND POVERTY OF POLITICS

about 13 years ago

There is simply no denying the fact that it is economic growth alone which has helped more people get off the poverty line. The Indian economy, during the last eight years has shown a growth of over 9% in at least four years. At the same time, rural prosperity has increased. Agricultural wages have never been this high and this means increased purchasing power for rural India. Real rural wages have also

JULY FOMC MEET - A NON EVENT, UNCERTAINTY CONTINUES!

about 13 years ago

It was a non-event, no firework announcements on QE easing as expected. In fact there had been more action on the Indian bourses - it was an action packed day with the Commerce Minister doing his bit, the finance minister giving us his one year 'report card' and tried to keep hopes intact. RBI also stepped in with some reassuring statements. But it was ultimately Ben Bernanke

FOMC MINUTES - UNCERTAINTY ON TIME AND AMOUNT OF EASING CONTINUES

about 13 years ago

The news was that most Fed officials at Fed were comfortable with Bernanke's plan to start tapering Q2 before the end of this year, if the economy improves. The interesting part is that despite the headlines, the minutes indicate that four out of the seven members preferred to wait for some more time before the beginning the tapering; felt "a change in the purchase program was not yet appropriate."

GEOPOLITICS AND CRUDE - HOW IT WILL AFFECT ME AND YOU?

about 13 years ago

The entire Middle East is simmering like a cauldron on a raging fire. The broth is nearing boiling point and there is rising fear that it could topple over, scalding one and all in its wake. And this could affect us also directly.

NO TAPERING ! THE UNCERTAINTY CONTINUES....

about 13 years ago

This is naturally good news for the markets but at the same time, what this also means is that the uncertainty continues. The tapering is inevitable but just when the markets and the marketmen were psychologically prepared for a tapering - markets would not react overtly if tapering is to the tune of $10-15 billion and could crash if around $20 billion or more.

REALTY - THE BUBBLE HAS TO BURST

about 13 years ago

This reeks of desperation. When builders get onto this kind of "offers" mode, surely it means that there are no buyers and they need to offer something more. Sadly none of them want to do what will get buyers in droves - reduce the prices instead of these offers! But maybe once the builders

THE US FED TIPTOES ON TAPER - $10 BILLION/MONTH EASING

about 13 years ago

Addressing his last press conference, Ben S. Bernanke, chairman of the Federal Reserve, due to retire by on 31st Jan'14, started the process of ending what he had started. The Fed has purchased more than $1 trillion in Treasuries and mortgage bonds during 2013 in an effort to encourage job creation. The Fed said the move was made

YELLEN SHOWS SHE IS INDEED IN CHARGE!

about 13 years ago

The first meet of new Federal Reserve Chairwoman, Janet Yellen and she did make some bold moves. First and foremost, from India and emerging markets perspective, the taper continues and it has been reduced further by $10 billion , bringing in down to a monthly $55 billion.

APRIL IIP - AT LEAST IT IS NOT NEGATIVE!

about 15 years ago

Slow growth is consitently driven by investment collapse. Cutting interest rates is not the sole medicine and is not enough but tseems to be the only step at the moment which can buoy the sentiments to some extent. Those in the market feel like it's a slam dunk decision - that RBI will cut rates. But one has to take a bigger view and look at other macro factors,

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

about 13 years ago

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

FOMC MEET - AS EXPECTED, QUIET WITH NO SURPRISES

about 12 years ago

It was as expected - a quiet Federal Reserve meet chaired by Janet Yellen. There was anticipation that she might announce a timeline for a rate hike next year but obviously, Yellen wanted to avoid making any hawkish statements which might ruffle not just US markets but world over.

FOMC MEET - ANOTHER $10 BILLION REDUCTION, NO HIKE IN INTEREST RATES

about 12 years ago

So once more, the Fed seems to have got more comfortable in the shoes that it is wearing - the near 0% interest rate remains intact for six years now. Yellen also sent out the message that rates will be kept at the same levels for a 'considerable' time. This surely means through 2015 and we do not know yet whether it

QE - THE TAP HAS FINALLY BEEN TURNED OFF

about 12 years ago

Mark this day. 29th October 2014 is the day when US Federal Reserve which had started on a massive bond buying or money printing stimuli of a staggering $85 billion per month since December 2012, has finally come to an end. The tap has been turned off, finally.

CAPITAL GOODS - TIME TO BUILD ON THE STOCKS?

about 12 years ago

The numbers of the past few months for IIP have been uncomfortable and within those numbers, Capital Goods have progressed pretty slovenly. Aug Capital goods number came in at a negative 11.3%, worse than a fall of -3.8% in July. The number in June was suspiciously very good at 23%

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,

Impact of Delhi Results on Indian Share Market

about 12 years ago

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

PAY HIKE FOR PSU BANK EMPLOYEES - MARKETS IRRITATED

about 12 years ago

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

FEBRUARY IIP - COMES AS A PLEASANT SURPRISE

about 12 years ago

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

INDIAN RETAIL - M&As WILL BE THE ONLY WAY HEAD

about 12 years ago

These few changes over the past few years convey one single message - keep a tab on the emerging new ways of doing the same old things and change, or else get left behind. Nokia, Kodak are all examples of companies which failed because they simply worked on the age-old formula of boosting profit and lowering cost when business faltered but did not pay close attention to how technology had simply changed the way people were doing things. That's what we are seeing today in the Indian retail sector. The way we shop today has undergone a complete change.

FED KEEPS RATES UNCHANGED; KEEPS SEPT OR DEC UNCERTAINTY INTACT

about 11 years ago

Well, it comes as no surprise - the US Federal Reserve has for now, kept its rate target on hold but what comes forth very clearly is that before 2015 ends, there will surely be at least one rate hike on the cards. That's the only certainty we have for now' which does not really mean much as the very same certainty existed even before the Fed statement of tonight. So we continue to live in suspense - will the rate hike come in Sep

STATE DEBTS - SORRY STATE OF AFFAIR

about 14 years ago

On the website of the Ministry of Finance, the data on state debts and liabilities have been updated only till 2008-09. As per that list, till end of FY09, Maharashtra tops the list of states in India having the highest debt, followed by Uttar Pradesh, West Bengal,

SPAIN - BACK BEING A 'PAIN'

about 15 years ago

Europe is back on the 'worry map' and once again, the epicenter of this stress is Spain. Like a bad penny which keeps turning up again and again, the crisis in Spain is back on the fore. We just assumed it was gone; like brushing it under the cupboard from eye view

US FED KEEPS RATE UNCHANGED; TWO RATE CUTS IN 2016 AND NOT FOUR

about 11 years ago

The much-awaited though widely expected decision from the US Federal Reserve is in - no rate hikes. This is what everyone already knew but what was eagerly awaited was the number of rate hikes in this year. Well, good news on that front - from a maximum of four rate hikes as announced in December, it has now been scaled down to two rate increases this year.

THE DANGEROUS PURSUIT OF PENNY STOCKS

about 11 years ago

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

RULE 46A - PRESENTING A PICTURE OF WHAT IS NOT

about 15 years ago

Earlier, till Q2, companies had to necessarily mark-to-mark the loss incurred on the various forex transactions, be it loans or hedging or complex derivative instruments. But in Q3, just before the quarter was coming to an end, a new rule was passed, Rule 46A in AS-11, wherein a company

FALLING RUPEE - THE PULL OF GRAVITY GETS STRONGER

about 15 years ago

But why is the rupee falling so much? There are two factors now playing up the rupee. Firstly, dollar continues to remains the safest currency and it will remain so till the Eurozone stabilizes. Thus till the macro economic fundamentals around the world does not settle down, rupee will face selling against the dollar. Earlier, it ....

CCI PROBE OF OMCS - A FUTILE EXERCISE

about 14 years ago

CCI believes there is cartelization in increasing and decreasing prices of a deregulated commodity such as petrol by the 3 state OMCs. Logic warrants that cartelization is undertaken only with an objective to benefit. If the OMCs are losing money on every litre of petrol they sell, how can the alleged cartelization stand to fleece the consumers and benefit the companies? Under-recovery, in no language, stands for 'gains'!

CAUTION: WET CEMENT AHEAD!

about 14 years ago

Can you believe it? The Kumbh Mela at Allahabad is responsible for the fall in cement demand! This seems like a very illogical and farfetched reasoning but apparently, with most of the laborers, hailing from Bihar and UP, rushing to Allahabad during these months for a holy dip to wash away their sins, there was nobody to work at construction sites. It seems building activity, be it civil or home construction came to a standstill

RUPEE AT NEW LOW - BHAAG RUPEE BHAAG!

about 14 years ago

The general perception is that falling rupee and falling stock market could mean only one thing - FIIs are selling. But FIIs are not dumping stocks as being speculated. Yes, they always sell when the rupee falls as the value of their portfolio declines. As per data put out by SEBI, on 6th June'13

THE DANGEROUS PURSUIT OF PENNY STOCKS

about 14 years ago

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

SITTING DUCKS GET MORE VIGILANT

about 13 years ago

he has kept his word and slowly but surely helped chalk out a stake hike. Increasing promoters stake, in today's time of predators is an essential but slow task. There are only two ways to do this - creeping acquisition and preferential issue. In creeping acquisition, promoters

HOW MUCH MORE WILL RUPEE 'APPRECIATE' MODI'S WIN?

about 13 years ago

Rupee opened at a 11-month high of 58.53 against the dollar riding high on the Narendra Modi-led win by the NDA at the national elections and subsequent inflows in domestic equity markets. So within a week, the rupee has appreciated from Rs,60 levels to now Rs.58 levels. The news on the Mint Street is that RBI likely intervened and stepped

HIGH DEBT COMPANIES -NEED TO HAVE A RELOOK?

about 12 years ago

The RBI reduced rates and there is hope that it has finally begun the downward rate cycle. So when the rates were up, we shunned high debt companies and now if rates are coming down, do we need to relook at some of these high debt companies? These companies are sure to show

HOW IS RAJAN RESPONSIBLE FOR JAYPEE'S RS.65,000 CRORE DEBT?

about 12 years ago

The market is extremely weak today with no immediate positive trigger on the horizon. With mixed predictions coming in for monsoon - IMD says rainfall will be at 88% and Skymet says it would be 102%. So uncertainty has only grown deeper. And in the midst of all this, we have highly leveraged companies, most infra and capital goods companies and even realty companies sitting tightly in deep red on the bourses. The market is disappointed with the hawkish stance of the RBI Governor and these stocks

B K Birla Group: Getting Rationale and Leaner?

about 11 years ago

Kesoram Industires has agreed to divest its tyre unit at Haridwar, to JK Tyre, for about Rs.2,200 crore. This deal is seen a precursor to the B K Birla Group's succession planning and divesting assets among family members.

NOV IIP - FROM NEGATIVE TO POSITIVE, WILD SWINGS!

about 15 years ago

The November IIP numbers are volatile and that is putting things very mildly. From a negative growth in October, we now have not just a positive but a good growth at 5.9%. Such a wild swing? A five month high IIP at this juncture somehow seems unbelievable, especially....

NOT A GOOD TIME TO BET ON HIGH DEBT COMPANIES

about 11 years ago

The RBI reduced rates and there is hope that it has finally begun the downward rate cycle. So when the rates were up, we shunned high debt companies and now if rates are coming down, do we need to relook at some of these high debt companies? These companies are sure to show some

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

about 11 years ago

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

ETHICAL INVESTORS - IS IT POSSIBLE FOR A CAPITALIST TO BE A PURIST?

about 11 years ago

Ethical investors? Somehow, when used in the context of stock market is seems more like a misnomer. And one cannot help but wonder how, where and in what does this clan, if they exist, invest in? Ethics, in simple English means doing what is morally right and if we stretch it further to the corporate world, it means being socially responsible. Thus ethical investing means putting money in companies

RS.3 PEN TIED IN BANKS WHILE SCAMSTERS EMPTY THE COFFERS!

about 9 years ago

The horses have run out of the stable and the door is now being closed. That’s how one feels on reading that 36 scamsters have already fled the country and we are left sifting through the muck, working relentlessly on extradition while the tax payers money gets wasted, time and again. While RBI and finance ministry continue with their blame game, we can only watch helplessly as banks get heisted.

INDIAN RUPEE HAPPY TOO!

about 7 years ago

While the Indian stock markets continue to celebrate the historic victory of Modi, the attention has shifted a bit to the Indian rupee market. The rupee has been struggling for the past few months, trying to find its feet but crude continued to act as a quicksand and sucking it further down

BUDGET FY20 – VERY BIG ON RHETORIC

about 7 years ago

For the first Budget ever by a full time woman Finance Minister, Nirmala Sitharaman was pretty passionate with her speech. She also displayed her linguistic abilities, quoting in Sanskrit, Tamil, Urdu and Hindi and maybe a few words of Gujarati. She was so emphatic and “into it,” the speech, punctuated with constant repeats, was an interesting watch.

PATIENCE IS ALL THAT IS – FOMC

about 5 years ago

Yet, the Federal Open Market Committee (FOMC) did what is needed and not necessarily economically right by holding on to the interest rates near zero and repeating its vow to keep buying bonds at the current $120 billion monthly pace. The Fed can do nothing but remain patient at this juncture.

YOUR DAAL TO GET EVEN MORE PRICEY

about 10 years ago

Yes, the price of daal has become the butt of so many jokes but that is what a satire is all about, isn't it? And now we hear that the price could go up to as much as Rs.300/kg as the festive season nears. There is simply not much stock, whatever is there is hoarded and the rest, the middle men have ensured that stock gets

ARE THE INDIAN MARKETS TOO EXPENSIVE?

about 10 years ago

relative recently asked the usual question which we all working in the field of stock market often get asked, "So market kaisa lagta hai? What to buy?" Once you start answering the questions, it's like a never ending tirade. And after you have given satisfactory answers and named a few stocks (all from our Stock Recommendation section), you think its over?

MARKET IGNORES ALL GOOD NEWS - FIXATED ON ECB TAPERING?

about 10 years ago

he news is that the ECB is looking at gradually tapering the asset purchases - it is currently at 80 billion Euros or $90 billion per month. It is likely to slowly and gradually bring it down to 10 billion Euros a month. This is the reason picked by our markets, following the global cues

ECB STIMULUS - LESS BUT FOR MUCH LONGER

about 10 years ago

The last European Central Bank (ECB) meet of 2016 happened today and the chief, Mario Draghi has too much running on his shoulders - to help Europe tide over to good times, with the help of an extended quantitative easing (QE). For months, there was a question mark over what Draghi would do about the ECB's euro;1.7 trillion

CRUDE OIL - GETTING CRUDE FOR OIL PRODUCING COUNTRIES

about 11 years ago

The scene for crude oil just got even more slippery. Prices as such have been sliding oil and now there is fear looming large of a world-wide oil glut. Who would have thought in 2008 that in 2015, we would actually be talking about an oil glut, where supply is exceeding demand? At that time, we were looking at alternatives to oil but now that talk seems to have receded into the background.

FED HIKES RATES BY 0.25%; TWO MORE HIKES PENCILED IN FOR 2017

about 10 years ago

This was very much on the expected lines. No one can say that this came out of the blue – a 0.25% rate hike was a given, rising it to a range between 0.75% and 1 %. That’s exactly what Janet Yellen did. More importantly, the Fed see’s two more rate hikes in 201

IRCTC

about 7 years ago

Verdict :Indeed, Really Cheap Ticket Cost
Subscription Start Date :30 Sep 2019 End Date :3 Oct 2019
Issue Size : 638 crore, Issue Type : OFS
Price Band : Rs.315 to Rs. 320
--------------------------------------------------
Overall Subscription : 112x
QIB : 109x,HNI :355x,Retail :14.65x,Other :5.79x
Listing Date : 14 Oct 2019, , Listing Price : 626

INFLATION COMING DOWN, OH SOOO SLOWLY!!!

about 4 years ago

If inflation is coming down, even if slowly, does it mean that we are looking at inflation climbing down to comfortable levels soon? That would be too early to predict; the truth is that inflation is not going to fall down to 4% any time soon; we are probably looking at FY24 and ahead for that elusive 4%.

FED MOVES, WILL RBI MOVE TOO?

about 5 years ago

The Fed has finally set the ball rolling. This rate hike will come months later, avoiding any rapid shifts, giving enough time for markets around the world to accept the change, helping avert any major shifts and shocks that could damage the fragile recovery. For us here, it is sure to make RBI ponder

AS WE LOOK AHEAD……

about 5 years ago

We have entered into July and the second quarter of FY22 has begun. Unlike the first quarter, Q1FY22, where the doom and gloom of Corona overshadowed everything else, this quarter holds the promise of a lot of good tidings. There is sense of optimism as the pandemic has ebbed a bit – not gone, there yet but at least vaccination is happening. The day-to-day activities are not yet normal but not as restricted as before

TALIBAN TAKES CONTROL WHILE BULLS TAKOEVER

about 5 years ago

The headlines all across the world screamed the capture of Kabul by the Taliban. It filled the heart with a sense of dread and foreboding and we do not know where this is heading. And then we see the stock markets. Even there, we do not know where it is heading too!

GDP Q1FY22 – BABY KO ‘BASE’ PASAND HAI!!

about 5 years ago

The YoY GDP picture looks completely skewed. And sequentially too, Q1 picture is looking big because of the second wave being at its peak in Q4, when lockdown on account of the second wave took its toll. Q1FY22 GDP came in at 20.1% v/s (-)24.4% (YoY) and v/s 1.6% (QoQ). The lower base effect makes the Q1FY22 growth look deceptively high

RBI POLICY – BALANCED, NO SUPRISES

about 5 years ago

As was widely expected, RBI did the logical thing – maintained a status quo, kept the interest rates unchanged. The MPC voted 5-1 to retain the accommodative stance as long as necessary to revive and sustain growth on a durable basis, while ensuring that inflation remains within the target.

HUNGRY – FOR FOOD AND NOT POWER….

about 5 years ago

Like we did the last time too, India has voiced strong objection to this ranking, saying that the publishers “have not done their due diligence before releasing the report". The Govt has said that the FAO methodology is “unscientific", saying that “the scientific measurement of undernourishment

INFLATION PUSHES FED TO "FAST FORWARD"

about 5 years ago

And at 12.30am tonight, with CPI at the highest level since 1982, all these questions were answered. Adopting a more hawkish tone, the Fed is aggressively dialing back its monthly bond buying and sees three rate hikes in 2022 and three in 2023. It plans to end the taper or bond buying by March, three months ahead of its earlier schedule of June.

LOOKING BACK, LOOKING FORWARD

about 5 years ago

What we need to watch out for in Q3 earnings - the amount of de-leveraging done and how debt costs have come down. Cost management will be key in Q3 earnings and keep a watch on the cash flow – that will indicate the presence or absence of stress. As raw material costs rise, companies resorted to cleaning up their balance sheets,

PROJECT COMPLETION LINKED TO ELECTIONS

about 5 years ago

CMIE has put out a report stating that FY22 could end up breaking all record when it comes to project completion. Now that’s a huge achievement under the current circumstances but then again, its all thanks to the elections in UP. Does this all have to do with the upcoming elections in the state in Feb? Obviously! More than 36% of total project completion was from UP while under ‘no election’ period,

CRUDE – OUR POCKETS AND ECONOMY TO GET CHEWED!

about 5 years ago

Two years ago, we were looking at crude oil prices at $20/barrel and oil producing countries were crying barrels of tears. Today, they are a mighty happy lot what with crude nearing the three digit, $100/barrel mark. There is talk of $115, $114 and more such numbers doing the rounds. No one at this point of time is taking a call on the Sensex or the Nifty as all seem to have become busy plotting crude oil and the rupee’s trajectory.

Eros Intl

about 16 years ago

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

ARE THE MARKETS/STOCKS OVERVALUED?

about 6 years ago

Paying Rs.100 for something worth Rs.10…that’s how many are today looking at the market/stock valuations. Many are advising people to stay away now as they feel that stock market has run ahead of its fundamentals or is grossly overvalued.

C Mahendra Exp

about 16 years ago

Price Band : Rs. - to Rs. -
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PC Products India

about 14 years ago

Price Band : Rs. - to Rs. -
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Nuvoco Vistas

about 5 years ago

Verdict :Go for It!
Subscription Start Date :9 Aug 2021 End Date :11 Aug 2021
Issue Size : 5000 cr, Issue Type : Fresh cum OFS
Price Band : Rs.560 to Rs. 570
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Overall Subscription : 1.71x
QIB : 4.23x,HNI :0.66x,Retail :0.73x
Listing Date : 23 Aug 2021, , Listing Price : 485

Ecos India Mobility

about 2 years ago

Only for Long Term
Subscription Start Date :28 Aug 2024 End Date :30 Aug 2024
Issue Size : Rs. 601 cr, Issue Type : OFS
Price Band : Rs.318 to Rs. 334
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Overall Subscription : 64.26x
QIB : 136.85x,HNI :71.23x,Retail :19.79x
Listing Date : 4 Sep 2024, , Listing Price : 390

Equitas Holdings

about 11 years ago

Price Band : Rs. - to Rs. -
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Shankara Building Products

about 10 years ago

Verdict :Building a sturdy product
Subscription Start Date :22 Mar 2017 End Date :24 Mar 2017
Issue Size : Rs 345 crore, Issue Type : Fresh cum OFS
Price Band : Rs.440 to Rs. 460
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Overall Subscription : 41.88x
QIB : 52.39x,HNI :91.22x,Retail :14.73x,
Listing Date : 04 Apr 2017, , Listing Price : 555

Apex Frozen Foods

about 9 years ago

Verdict :Freeze it, only with a long term view!
Subscription Start Date :22 Aug 2017 End Date :24 Aug 2017
Issue Size : 152 crore, Issue Type : Fresh cum OFS
Price Band : Rs.171 to Rs. 175
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Overall Subscription : 6.14x
QIB : 1.91x,HNI :7.82x,Retail :8.53x,Other :1.1x
Listing Date : 04 Sep 2017, , Listing Price : 202

Q3FY12 - WHAT TO EXPECT OR BEST, EXPECT NOTHING!

about 15 years ago

Last fiscal Q3FY11 held more promise and more than sustainability, it was about good growth. But this fiscal, Q3, especially after a not-so-good Q2 and interest regime and falling rupee, does not paint an overall good picture. A trim to the topline growth and surely a hair cut for the bottomline growth seems inevitable...

Bharat Dynamics

about 9 years ago

Verdict :Good for LT
Subscription Start Date :13 Mar 2018 End Date :15 Mar 2018
Issue Size : 953 crore, Issue Type : OFS
Price Band : Rs.413 to Rs. 428
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Overall Subscription : 1.3x
QIB : 1.5x,HNI :0.5x,Retail :1.41x,Other :0.42x
Listing Date : 23 Mar 2018, , Listing Price : 370

Ircon

about 8 years ago

Verdict :Priced well
Subscription Start Date :17 Sep 2018 End Date :19 Sep 2018
Issue Size : 467 crore, Issue Type : OFS
Price Band : Rs.470 to Rs. 475
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Overall Subscription : 9.87x
QIB : 12.29x,HNI :4.92x,Retail :9.96x,Other :0.36x
Listing Date : 28 Sep 2018, , Listing Price : 412

IndiaMart

about 7 years ago

Verdict :Attractive for ST, under watch over LT
Subscription Start Date :24 Jun 2019 End Date :26 Jun 2019
Issue Size : 475 crore, Issue Type : OFS
Price Band : Rs.970 to Rs. 973
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Overall Subscription : 36.2x
QIB : 30.83x,HNI :62.13x,Retail :14.06x,Other :6.06x
Listing Date : 4 Jul 2019, , Listing Price : 1180

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