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Sun Pharma at new low

about 10 years ago

Sun Pharma, like Tech Mahindra, plunged to a 3.5 year low today morning at Rs.495.55, a sharp drop of 13% and it continues to remain firmly in the red.

Sun Pharma gets clouded by FDA again

about 10 years ago

The US FDA had announced its observations of Sun Pharma’s Halol plant on 8th December but the effects of that continue to be felt even today. The stock remains amongst the top losers on the BSE, down 2% at Rs.665 levels. The FDA has made nine observations relating to violations of good ...

Sun Pharma hits a new low

about 8 years ago

Today morning, Sun Pharma continued to fall as the corporate governance issues blown up by a whistle blower remains a big concern. The stock price fell over 12% to the day’s low point till now at Rs.375.40, hitting a new 52-week low.

Sun TV shrouded in clouds

about 8 years ago

Sun TV has been among the top five losers since the opening bell today morning. The ‘lower-than-expected’ Q2FY19 earnings and the growing perception that the company might lose out as the growing fancy for Over-The-Top

Sun Pharma turns bitter

about 8 years ago

Sun Pharma is alternating with Reliance Naval as the top loser on the BSE, going down almost 5.5% to Rs.640.95. Its 10% UC is at Rs.609.

Sun Pharma rises 3.5%

about 9 years ago

The moment the market opened for trading, Sun Pharma rose 3.5% at Rs.521.90; after that it slipped and is now trading at Rs.512 levels, up some 1.5%. Its 52-week high is at Rs.709.80 and low at Rs.433.15.

Sun Pharma looks quesy

about 9 years ago

There is a lot of queasiness around the counter of Sun Pharma as the market is very anxious about the upcoming inspection by the US FDA of its Halol plant.

Sun Pharma rises over 6.5%

about 9 years ago

Sun Pharma is among the top five gainers on the BSE. The stock price rose over 6.5% to Rs.576. Volumes are robust at almost 4 times.

Sun TV hits a new high

about 10 years ago

The top gainer on the BSE since morning has most obviously been Sun TV. The scrip has zoomed up 25% to Rs.699, just Re.1 short of Rs.700 but nevertheless a new 52-week high.

Sun Pharma gets eclipsed

about 11 years ago

The star of the day is most certainly Sun Pharma, only this star is not exactly shining bright. The company is in the news for all the bad reasons. In fact the whole 2015, Sun has been eclipsed with difficult news. Today, once again it is a US FDA warning letter. Over the weekend, on Saturda ...

Sun Pharma falls almost 8%

about 7 years ago

Sun Pharma was among the top five losers on the BSE, going down almost 8% to Rs.406, with volumes showing a rise of over 1.5 times.

Sun Pharma down in the red

about 11 years ago

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

Sun Pharma in the limelight

about 11 years ago

The stock is up after the company announced today morning that one of its subsidiaries has entered into an agreement and plan of merger with InSite Vision Inc. (InSite Vision) under which a Sun Pharma subsidiary has offered to acquire InSite Vision. InSite Vision focuses on developing new special ...

Side-effect of Ranbaxy - Sun Pharma down 13%

about 11 years ago

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

Sun TV under dark clouds

about 11 years ago

Sun TV continues to remain eclipsed. Currently the second top loser on the BSE, it is down 4% at Rs.320 with an intra day low of Rs.311.95. Its 52-week low stands at Rs.258. In the ongoing battle between the Sun group and Ministry of Home Affairs (MHA), the PMO’s office has decided to ...

Sun TV is top gainer

about 12 years ago

Sun TV is the top gainer on the BSE, with volumes surging almost 6.5 times. The stock opened Rs.9 higher, went on to an intra day high at Rs.423.90 and currently remains 11% higher. The stock is in the limelight, almost like heaving a sigh of relief on news that Maran, owner of Sun TV is fin ...

Ranbaxy and Sun in limelight

about 13 years ago

The big news today is most obviously the takeover of Ranbaxy Labs by Sun Pharma. The announcement came in today morning and the stocks have reacted accordingly – with Ranbaxy hitting a new 52-week high at Rs. 505 but now it has slipped into the red, down 3% at Rs.446; Sun is currently tradi ...

Sun Pharma gets an unhealthy palor

about 13 years ago

Following closely on the heels of Infosys, the second top loser of the day is Sun Pharma, which is presently down 4% at Rs.579, with an intra day low at Rs.565.Its 52-week low stands at Rs.405. The stock is down after the company received an import alert from US FDA for all its products made ...

Sun Pharma back in reckoning

about 8 years ago

Sun Pharma has gone up back into the green today. The stock rose over 5.5% to Rs.421.50 and remains the top gainer on the BSE since morning.

Sun Tv shines bright

about 8 years ago

Apart from all the ‘Modi’ stocks showing a gain, Sun TV is also among the top five gainers on the BSE. The stock today opened with a gain of almost 4.5% to Rs.577.30

Sun Pharma spurts up 4.5%

about 9 years ago

Sun Pharma has been waiting so long for the US FDA to come and re-inspect its Halol facility....

Sun Pharma looks miserable

about 8 years ago

Sun Pharma is looking pretty miserable today morning. It fell almost 10.5% to Rs.441.95, very close to its 52-week low of Rs.434.80.

Sun Pharma gets "Taro"ed!

about 8 years ago

Sun Pharma rose 3.5% in the opening bell session to Rs.429.75; it has come off this current intra day high point and is now at Rs.423 levels

Sun Pharma at new high

about 8 years ago

Sun Pharma hit a new high today at Rs.614.70, going up over 2%. It has come off the highs and is now trading at Rs.613 levels.

TRP of Sun TV soar on bourses

about 11 years ago

Sun TV is scoring some TRPs on the bourses today. The stock, which had closed yesterday at Rs.325.75, opened today at Rs.340, going up to Rs.341 levels and currently remains around the same, up almost 4.5%. Volumes are modest at some 2 lakh shares getting traded today. The reason for this li ...

Bharat Forge slumps on export fall

about 10 years ago

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

Sun Pharma gets 'FDA'ed

about 7 years ago

The stock price has reacted not-too-well with this news; It fell today after 4 days on consecutive gains. It hit an intraday low in the opening bell session at Rs.426.50, going down 2.8%.

Sun TV shining bright

about 11 years ago

Sun TV is the top gainer on the bourses right since the opening bell. Intra day, the stock spurted up almost 11% at Rs.435.55 and is now ruling 10% up at Rs.433 levels, holding on firmly to high levels. It is very close to its 52-week high of Rs.436. Tamil Nadu concluded its elect ...

Sun Pharma goes to Japan!

about 11 years ago

Sun Pharma intra day rose over 2.6% to Rs.815; though it has come off this level, it now at Rs.809, some 2% up. The company announced today morning that it has acquired 14 established prescription brands from Novartis AG and Novartis Pharma AG (together ‘Novartis’) in Japan. ...

Sun TV in limelight

about 6 years ago

The stock opened over 1% higher at Rs.525 and went on to an intraday high at Rs.539, up almost 4%. Its 52-week high is at Rs.570.70.

Sun Pharma in the red

about 5 years ago

The stock is in the red today, following 10 observations from the US FDA. The stock opened slightly weak at Rs.879.20 and went down to hit an intraday low at Rs.846.35

Bharat Forge slumps on export fall

about 11 years ago

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

Sun TV down on ED 'attachment'

about 12 years ago

Sun TV is currently the top loser on the BSE, down almost 11% at Rs.404 levels with an intra day low at Rs.402.25. The stock is down on news reports that the Enforcement Directorate (ED) on 1st April, attached properties worth Rs.742 crore and this is w.r.t its probe in the 2G scam. This mon ...

Sun Pharma's Taro in limelight

about 14 years ago

Sun Pharma is down almost 3% at Rs.977, with an intra day low at Rs.966. Its 52-week low is at Rs.554. The stock is down as the market is disappointed with the performance of its subsidiary – Taro, the Israeli generic firm. Taro, for Q4FY13 posted a 4% (YoY) rise in net profit at US$49 ...

Sun Pharma shines bright

about 13 years ago

Sun Pharma has hit a new all-time 52-week today at Rs.597.30, zooming up from its yesterday’s close of Rs.581.30. It has come off the highs but remains in firmly in the green. The stock hit a new high after its rival, Janssen announced that it is facing a shortage of cancer drug, Doxil ...

Sun Pharma under a shadow

about 12 years ago

Sun Pharma is currently the top loser on the BSE, down 4.2% at Rs.823.40, with an intra day low at Rs.808, with volumes rising over two times. Th stock has slumped into the red today on unconfirmed reports on TV that a surprise check was conducted at the company’s plant by a ...

Sun Pharma brimming with health

about 12 years ago

Sun Pharma which had hit a new high on 7th Nov at Rs.894.90 has today hit another new high at Rs.932. The stock has hit a new high, enthused with the performance of its subsidiary Taro Pharma. For quarter ended 30th Sept 2014, it posted a 48% (YoY) jump in its net profit at $143 ...

Sun Pharma mourns Daiichi exit

about 12 years ago

Sun Pharma is the top loser on the BSE currently. The counter is witnessing unusual spike up in volumes – up by a unbelievable 29 times though this is on the lower side – from yesterdays close of Rs.1044.10, the stock opened lower at Rs.971.10, going down to Rs.933.10 It is presently ...

Sun Pharma jumps up

about 12 years ago

Sun Pharma is showing some traction in this overall lackluster market. The stock, opened some Rs.10 higher at Rs.956, going up to Rs.960 levels and with profit booking coming at these levels, it has now slipped back to Rs.956, up over 1%. Volumes remain muted. Its 52-weke high is at Rs.1200.70. ...

Sun TV down in the red

about 11 years ago

Sun TV is down in the red today morning. The stock opened 6.5% lower at Rs.395 to go down further to Rs.392. It remains the second top loser on the BSE, close on the heels of Sintex. The stock is down on news that Dayanidhi Maran andSun group head, Kalanidhi Maran have been charge sheeted by ...

Sun Pharma gets eclipsed

about 11 years ago

Sun Pharma seems to be ailing today. From yesterday’s close of Rs.865.15, it opened weaker at Rs.855.50, going down to an intra day low at Rs.844.20. The reason? The company, voluntarily recalled 381,120 cartons of osteoporosis drugs in the US and Puerto Rico. This is put up on the US ...

Sun Pharma hits a new low

about 11 years ago

Sun Pharma is amongst the top losers of the day currently. It hit a new 52-weel low at Rs.745.95. Though it has recovered, it remains at Rs.768 levels, down 4.5%. The market is disappointed with the company’s Q2FY16 performance. It reported a sharp 46% (YoY) drop in its consolidated ne ...

Sun Pharma in good health

about 11 years ago

Sun Pharma is one of the smart gainers on the bourses currently. The stock is up over 4.5% at Rs.888 and this is very close to its intra day high of Rs.884.90 rather than the low of Rs.844. The mood on the counter is upbeat after it posted its Q1FY16 numbers yesterday. Though the consolidate ...

Ujaas Energy shines like sun

about 11 years ago

Ujaas Energy surged 15% intra day to Rs,16.49 and it is now at Rs.15.26, up almost 6.5%. Volumes have risen around two times. The company has received a Letter of Award (LoA) from Oil India worth Rs.88 crore. The contract is for engineering, procurement & construction for 9MWP(DC) grid i ...

Sun Pharma announces its buyback

about 10 years ago

Sun Pharma, which had closed yesterday at Rs.751.70, it opened today slightly lower at Rs.750 but soon jumped up to an intra day high at Rs.765. It was the only stock in the Sensex which was in the green when stocks across the board crashed. It has not been able to hold onto the green and is now ...

Sun Pharma in great health!

about 10 years ago

Sun Pharma is on a roll today morning and that was but expected given its fantastic performance for Q2FY17. The pharma major posted a whopping 117% (YoY) jump in consolidated net profit at Rs.2235 crore on a 13% rise in net sales at Rs.7764 crore. EBITDA for the quarter came in 69% higher at ...

Sun Pharma hits a new high

about 13 years ago

Sun Pharma hit a new 52-week high today at Rs.1111 though it has since then pulled off from these levels and is currently at Rs.1104, just about holding onto the green. The stock hit a high after it announced that it has received final approval from the United States Food and Drug Administra ...

Sun Pharma gets bitter

about 10 years ago

Sun Pharma is the top loser since the opening bell, going down over 4.5% to Rs.674 levels. It has recovered a bit but remains some 4% down at Rs.378 currently. There was news in one of the business news channels that its Halol plant has been issued a 14 page 483 observation post inspection b ...

Sun Pharma in best health!

about 14 years ago

Sun Pharma has hit an all time high at Rs.1066.25 and it remains strongly in the green. Its intra day gain has been the highest since March 16th , 2012. Volumes are huge at over 2 lakh shares being traded. The stock has hit this life time high on the back of its very good numbers for Q4FY13 ...

Sun TV reception goes bonkers!

about 12 years ago

Sun TV is the top loser on the bourses currently. The stock is down by a jaw dropping 26% at Rs.265 compared to Friday’s close of Rs.356. And it hit a new 52-week low today at Rs.258. This relentless beating down of the stock is happening because the Home Ministry has struck down the I ...

Sun Pharma Advan down in the red

about 14 years ago

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

Sun Pharma in the red

about 4 years ago

The stock price opened 3% lower at Rs.860.20 and went down over 4% to hit an intraday low at Rs.851.50.

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

Sun Pharma down 4%

about 4 years ago

The stock opened lower at Rs.1015, going down further to Rs.978, down 4% and is currently trading around the same price. Its 52-week low is at Rs.745.45.

Sun Pharma hits new high

about 5 years ago

The stock which had closed yesterday at Rs.779.65, opened higher today at Rs.785.20 and went on to hit a new high at Rs.809.95

Sun Pharma shines bright

about 5 years ago

The stock, from its close of yesterday at Rs.786.55, it went up to an intraday high at Rs.800.80, which is not too far from its 52-week high

Sun Pharma hits new high

about 6 years ago

The stock, which had closed yesterday at Rs.698.15, opened slightly higher today at Rs.699 and then surged to go to hit a new high at Rs.721.90;

Sun Pharma jumps up

about 7 years ago

The stock was amongst the first to bounce back. It jumped to an intraday high at Rs.390 and it continues to trade strongly in the green, currently figuring among the top five gainers

Sun Pharma hits new hjgh

about 3 years ago

From its close of Rs.1296.40, the stock opened higher at Rs.1297.85 and went on to hit a new 52-week high at Rs.1304.10 and is currently trading at Rs.1300 levels.

Pharma stocks in reckoning

about 4 months ago

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

EMPIRE OF THE RISING YEN

about 11 years ago

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

HCL Tech tanks after poor performance

about 12 years ago

The second big loser after Sun Pharma on the bourses currently is HCL Tech. The second biggie after TCS to declare its numbers and like TCS, the performance was disappointing. After posting its best show in 16 years in December quarter, the company posted a 12% (QoQ) drop in consolidated net ...

Pharma stocks get beaten down

about 12 years ago

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

Oil stocks have 'crude' fall

about 4 years ago

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

Visa Steel hits a new low

about 14 years ago

Visa Steel, last year on 19th March had hit a new 52-week high at Rs.60 and today, a year later, exactly on the same date, it has hit a new 52-week low at Rs.41.35. The market is not too happy with the company after it announced it’s Rs.368 crore deal with Sun Coke Energy of USA for a ...

Stcoks to benefit

about 9 months ago

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

Surana Solar shining bright

about 12 years ago

The sun seems to be shining bright today on Surana Solar and this can be attributed directly to Rakesh Jhunjhunwala. He bought 2.56 lakh shares in the company via a bulk deal on NSE at an average price of Rs.53.74/share. This company though not very often heard about on the street is a well- ...

Strides Arco shows momentum

about 11 years ago

Strides Arcolab is in the limelight today morning. From a closing of Rs,1145.85, the stock opened at Rs.1161 and went on to the day’s high point at Rs.1191.50. It currently remains over 3% higher. The stock is showing good momentum on news that it has signed an agreement with Sun Pharm ...

SPARC flares up with a big spark!

about 12 years ago

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

Suzlon gets energized!

about 11 years ago

Suzlon seems to be highly energized today morning. The stock price is up almost 3% currently at Rs.21.35. Its 52-week high and low stands at Rs.31.35 and Rs.12.30 respectively. Dilip Sanghvi of Sun Pharma had made his intentions very clear – he wanted to acquire a 23% stake in the comp ...

Zenotech Labs hits the roof again

about 13 years ago

Zenotech Laboratories has been breaching the upper circuit for a couple of days now and today too, it hit the 5% upper circuit at Rs.23.30, with an over one time rise in volumes. The stock has been hitting the roof consistently as news was expected to come from Sun Pharma on the open offer a ...

Rcom continues to stay in green

about 13 years ago

Rcom which had hit a new 52-week high yesterday at Rs.134.25. It is up today too, currently at Rs.132.65, with an intra day high at Rs.133.40. Yesterday, the news was about the debt repayment and today, news is that its subsidiary, Reliance Digital is close to striking a deal with Sun TV to ...

Pharma companies sulk as prices go down

about 11 years ago

Abbott Healthcare, Lupin, Alembic, Alkem Labs, Novartis and many more such pharma companies are trading in the red. Cipla and Sun are just about holding onto the green. It is always seen, what is good for the peopleis not good for the market. If prices are reduced, the markets sulk while peo ...

AMCs spooked by SEBI

about 12 months ago

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

Sugar stocks get sweet

about 9 years ago

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

Jain Irrigation reaps rich Q1

about 10 years ago

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

Adani Entp hits the "Great Reef"

about 11 years ago

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

Steel Strips hits new high

about 13 years ago

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

NHC Foods gets spicy

about 13 years ago

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

Cable TV providers in red

about 7 years ago

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

Suryoday SFB

about 6 years ago

Verdict :Indeed A Rising Sun
Subscription Start Date :17 Mar 2021 End Date :19 Mar 2021
Issue Size : 581 crore, Issue Type : Fresh cum OFS
Price Band : Rs.303 to Rs. 305
--------------------------------------------------
Overall Subscription : 2.37x
QIB : 2.18x,HNI :1.31x,Retail :3.09x,Other :0.34x
Listing Date : 26 Mar 2021, , Listing Price : 293

Pharma stocks in focus

about 6 years ago

The top five gainers and more are all pharma stocks – Suven, Novartis, AstraZeneca, Morepen Labs, Shilpa Med, Panacea Bio, Wockhardt, Vivimed Labs, Marksans, Alembic, Cipla, Sun Pharma

Alembic Pharma hits new high

about 13 years ago

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

Aurobindo Pharma gets "FDA"ed!

about 4 years ago

After Sun Pharma, it is the turn of Aurobindo Pharma today. The stock opened in the red today at Rs.598.90, going down further to hit a new low at Rs.560.60.

Life moves on!

about 12 years ago

Last week business news featured some prominent big-ticket acquisition buzz in Corporate India. Be it M&M's likely buy of strategic stake in Pipavav Defence for Rs. 3,000 crore or Sun Pharma founder Dilip Sanghvi's Rs. 4,000 crore investment in wind energy leader Suzlon Energy.

Pharma gets "Trumped"

about 1 year ago

The Nifty Pharma Index fell 5-6% making it the worst-performing sector. Big losers included- Sun Pharma, Dr. Reddy’s, Cipla, Lupin fell between 5 to 8%.

Pharma companies get "Trump"ed!

about 10 years ago

Dr.Reddy’s and Sun Pharma are amongst the top losers. The pharma index, which is known as the BSE Healthcare Index is down 1.3% and almost all the drug making companies, except for Biocon and Gufic are in the red. Blame it on Trump! After automobile and IT, the US President-elect has s ...

Pokarna hits a new high

about 10 years ago

Pokarna, which is a Secunderabad based company, processes granite and has two factories to do so. This company is the limelight today as its wholly-owned subsidiary , Pokarna Engineered Stone Ltd, has partnered with Swedish home furnishing products retailer IKEA in India, to serve as its exclusiv ...

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

THE YEARN FOR YEN

about 14 years ago

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

DECODING THE US FDA JAGONS

about 9 years ago

There was so much hype and hoopla built around the US FDA inspection of Sun Pharma’s Halol plant. This week, it seemed as though the entire pharma sector future hinged on this FDA verdict and today afternoon, the news was finally out. The US FDA conducted a Good Manufacturing Practices (GMP) inspection of Sun Pharma’s Halol facility (Gujarat, India) from February 12-23, 2018. At the conclusion of the inspect

THE APPLE OBSESSION CONTINUES….

about 9 years ago

As Irma makes a landfall in Florida while Trump remains fixated on Immigration; all the others not affected by either of the two are waiting for the sun to rise on Tuesday in America. It’s the day when Apple will launch not one iPhone but three of them, out of which one will be ‘premium’ – its like saying “more expensive.”

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

SEZs - REMAINS A BIG FLOP SHOW

about 14 years ago

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

COMMODITIES - SWIMMING NAKED AS TIDE GOES OUT

about 11 years ago

Warren Buffett's famous quote, "Only when the tide goes out do you discover who's been swimming naked" seems so apt for the commodity prices right now. China is the tide - when it was high tide, all commodities made merry and now that there is ebb, most are left naked, left to bake in the sun and wither away.

'SUN' TO SHINE OR SHAREHOLDER'S TO TAKE A RUN?

about 13 years ago

In this entire deal, undoubtedly, Daiichi remains the biggest loser. In 2008, the Japanese company bought controlling stake in Ranbaxy for $4.6 billion. The promoter, Malvinder Singh was paid Rs.737/share. Six years on, Daiichi is selling off at $3.2 billion, which is at a loss of over 30%

Q4FY16- WHAT LIES BENEATH?

about 11 years ago

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

VENEZUELA - THE POLITICS OF DOING BUSINESS

about 11 years ago

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

Rs.70 THE NEW NORM FOR INDIAN RUPEE?

about 8 years ago

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

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 ....

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.

INDIAN PHARMA - GETTING INTO BETTER HEALTH

about 12 years ago

Yesterday, Cadila Healthcare was the top loser of the day on the BSE and the villain, like in all pharma stories was U.S. Food and Drug Administration (FDA). It has expressed concerns through Form 483, over the manufacturing process of at least one product at its Moraiya facility.

WHEN US FDA MEETS INDIAN PHARMA COMPANIES...

about 9 years ago

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

Elder Pharma get "calcium" dose!

about 12 years ago

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

Thermax builds up

about 12 years ago

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

MRPL slumps after poor show

about 11 years ago

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

Bharat Forge down on CLSA snub

about 11 years ago

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

Alok Industries gets another advance

about 11 years ago

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

IPCA Labs spooked by US FDA

about 12 years ago

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

Hero takes the global leap

about 11 years ago

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

TVS Motor on the 'high'way

about 12 years ago

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

Alok Industries in the limelight

about 11 years ago

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

Man Industries on smart rally

about 12 years ago

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

GVK Power zooms up 5%

about 12 years ago

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

Nestle back in reckoning

about 11 years ago

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

Escorts in red as it vies to get trimmer

about 12 years ago

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

Patel Airtemp hits a new high

about 12 years ago

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

Freshtrop Fruits gets all sweet and juicy!

about 12 years ago

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

Minda Inds hits all time high

about 11 years ago

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

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.

Stone India chugs along into green

about 11 years ago

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

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 ...

Rice stocks spread thier aroma

about 9 years ago

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

Jain Irrigation in deep green hue

about 8 years ago

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

RITES at new high

about 8 years ago

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

ITC smokes up a new high

about 8 years ago

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

Aquaculture stocks in the red

about 8 years ago

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

Sugar stocks turn sweet

about 9 years ago

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

Indoco Remedies tanks 10%

about 9 years ago

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

Shrimp stocks shrink

about 9 years ago

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

Aarti Inds close to new high

about 9 years ago

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

Waterbase hits a new high

about 9 years ago

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

Steel Strips 'wheels' into green

about 9 years ago

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

Welspun Corp see's bigger pipeline

about 11 years ago

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

ADF Foods rises 5%

about 9 years ago

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

Skipper jumps to a new high

about 10 years ago

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

Thermax gets close to a new high

about 10 years ago

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

BHEL hits a new high

about 10 years ago

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

Alcohol stocks in a tizzy

about 10 years ago

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

Skipper is all powered up!

about 10 years ago

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

Rico Auto in the green

about 11 years ago

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

Skipper is all powered up!

about 11 years ago

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

Sugar stocks turn sweet

about 11 years ago

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

Caplin Point continues to rise

about 12 years ago

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

Unichem Labs in poor health

about 12 years ago

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

Kwality tweaks taste buds!

about 13 years ago

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

LMW spins exuberant numbers

about 13 years ago

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

Poonawalla Fincorp at 5% LC

about 5 years ago

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

KPI Energy up 4%

about 2 years ago

On the back of a good surge in volumes, the stock opened 1.5% higher at Rs.919.90 and went up to an intraday high at Rs.943, a rise of 4%. Its 52-week high is at Rs.1116.

Marico needs a parachute!

about 2 years ago

The stock is currently the top loser on the BSE; from its close of Rs.672.40, it opened flat but soon fell to an intraday low at Rs.642.55 and is trading around the same levels with more sellers than buyers

KPI Energy at new high

about 3 years ago

From its close of Rs.1214.85, it opened at Rs.1264.95, up over 4% and a new 52-week high. Currently, it is trading at Rs.1227 levels; clearly profit booking on the works.

SW Solar jumps up 10%

about 4 years ago

The stock is among the top five gainers on the BSE, rising 10% to Rs.362.10 on the back on a 4-times rise in volumes. Its 52-week high is at Rs.509.

Zenotech Labs hits 5% UC

about 5 years ago

The stock which had closed yesterday at Rs.50.50, opened itself today at Rs.53, hitting its 5% UC of the day. Almost 2 lakh pending buy orders remain

Pharma stocks in limelight

about 5 years ago

Today, the pharma index is in the green and the BSE Healthcare is up with 71 stocks in the green out of the 89 covered on this index. Dr.Reddys, Cipla, Torrent, JB Chemicals

Adity Birla AMC dull debut

about 5 years ago

After getting listed at Rs.715 v/s IPO price of Rs.712, the stock price went down to Rs.700 and is currently trading at Rs.706 on the BSE

SML Isuzu hits new high

about 5 years ago

The stock yesterday had hit the UC at Rs.600.70 and today it has hit a new high at Rs.692 with an over 4 times surge in volumes. Its 20% UC for the day is at Rs.791.40.

Poonawalla Fincorp hits new high

about 1 year ago

The stock, which had closed yesterday at Rs.447.70, opened slightly higher at Rs.450.15 and soon climbed up to a new 52-week high at Rs.513.30 and continues to trade high.

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.

Aditya Birla Capital in green

about 6 years ago

The stock, which had closed yesterday at Rs.115.45, opened higher today at Rs.117.75 and went on to hit an intraday high at Rs.122.

Aditya Birla Cap jumps up

about 6 years ago

The stock opened strong today at Rs.132, up 3% and then rose further to Rs.134.50, enticingly close to its 52-week high of Rs.139.60

Magma FinCorp gets vaccinated!

about 6 years ago

And today, no surprises, the stock opened itself at 10% UC of the day at Rs.93.40, a new high.

Route Mobile smashing debut

about 6 years ago

The stock made a smashing debut on the bourses today morning. As against the IPO price of Rs.350, the stock got listed on the BSE at Rs.708,

Aditya Birla Capital in the limelight

about 7 years ago

Post this development, Aditya Birla Capital, the stock price has been rising for the last 2 days, gaining 5% during this period. The stock touched an intraday high at Rs.92.55, rising almost 2.5%.

Glenmark Pharma spurts 4.5%

about 8 years ago

The stock price has reacted positively to this news, with the price surging 4.5% to Rs.698, which is too not far fetched from its 52-week high of Rs.711.

OMCs bounce back

about 8 years ago

HPCL is up today over 5% at Rs.228.60; BPCL went up over 5.5% at Rs.284.05 and IOC also went up over 4.5% to Rs.135.95.

Rossari Biotech' 'gift' move

about 1 year ago

The stock price surged over 2% to an intraday high at Rs.631.65 and is now trading at Rs.627. Volumes over two weeks is less than 3500 shares

AMCs feeling good

about 10 months ago

Shares of listed asset management companies (AMCs) rallied sharply in early trade today, bucking the weak broader market after regulatory clarity from Sebi eased concerns around the mutual fund cost structure.

L&T hits a new 52-week high

about 13 years ago

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

Winsome loses all glitter

about 14 years ago

Winsome Diamonds, formerly known as Su-raj Diamonds is mired in trouble. The stock has once again hit the 105 lower circuit today at Rs.15.15, with over 9500 pending sell orders on the counter. Its 52-week low is at Rs.14.90. The stock is in deep red given its mounting debt and recovery of d ...

TVS Motor hits a new high

about 13 years ago

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

Bajaj Auto slumps

about 13 years ago

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

Kwality spurts up

about 13 years ago

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

Cipla loses on disappointing Q3

about 13 years ago

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

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

Rice stocks on the boil

about 13 years ago

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

Bliss GVS Pharma gets a 'side effect'

about 13 years ago

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

Infosys gets its mojo back!

about 13 years ago

Infosys, along with other IT stocks is doing well today. The stock hit a new 52-week high today morning at Rs.3060 and it continues to hover at the same high level. The stock is up on two counts. Firstly, there is large scale buying on the IT counter as many foreign brokerage houses ar ...

SHOULD YOU HOLD 'HOLDING' COMPANIES?

about 10 years ago

Bombay Burmah Trading Corporation recently hit a new 52-week high at Rs.636. The stock price defies all logic when one looks at the financials - for Q1FY17, its net sales dropped 3% (YoY) at Rs.63 crore and the company ultimately ended Q1 with a net loss of Rs.4 crore. So why this kind of valuation?

Export-oriented stocks in focus

about 9 months ago

Thus export-oriented stocks are clearly in focus and under pressure, reflecting caution ahead of the US Supreme Court ruling on Trump-era tariffs and the broader risk of renewed trade uncertainty.

POLITICAL STOCKS - POLITICALLY CORRECT BUT ECONOMICALLY WRONG?

about 15 years ago

Yes, if one has to survive in the corporate world, it is probably essential to kowtow with politicians. But how much and how far is the big question. Every industrialist has to knock on the doors of the politician but whether that knocking leads to

FICCI & CII SURVEY - DEMAND IS FALLING; PESSIMISM RISING

about 14 years ago

FICCI's quarterly Business Confidence Survey for April-June 2012 is a pointer to exactly this fact. This survey covering 150 companies has stated that the overall Business Confidence Index for Q1FY13 was at 51.8, down from 60.3 in Q4FY12.

NOVARTIS CASE - IT'S THE FINAL COUNTDOWN

about 14 years ago

Currently a legal storm is brewing in the Indian pharma sector and in the eye of the storm is Novartis and if it wins the case it will mean two things - medicines will get costlier and companies will file for patents on frivolous grounds, making very minor changes in existing drugs and thereby establish or expand its monopolyon a drug.

FLY AWAY WHILE YOU CAN....

about 14 years ago

The big question which comes to mind is - can the airlines afford to fly passengers at these low rates? And if they can then why we were charged, rather fleeced with high rates till a couple of days ago? Well, there is really no "goodwill gesture" here; no one in corporate world does good

NOVARTIS CASE RULING - GOOD FOR INDIANS AND INDIAN COMPANIES

about 14 years ago

A storm was brewing on the Indian pharma sector and Novartis was in the eye of the storm. The much awaited verdict on Novartis anti-cancer drug, Glivec was announced by the Supreme Court today and it ruled against the company. This might not be good news for Novartis and the other big MNCs but for the people of India and the scores of domestic Indian pharma companies, especially Cipla, Dr.Reddy's, Auroboindo and Natco

Midwest lists well

about 12 months ago

As against the IPO price of Rs.1065, the stock got a decent listing on the BSE at Rs.1165 and rose further to an intraday high of Rs.1189.50

FALLING YEN AND RISING YEARN FOR MARUTI

about 14 years ago

Well, the news doing the rounds and shaking up things, causing a major tumble in the currency markets is the falling yen. Since Nov'12, the yen has been falling in value against most other major global currencies. And yesterday, 4th April, yen hit a three-and-half year low

Capital market stocks rally

about 7 months ago

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

Goldiam International in the green

about 8 years ago

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

Balkrishna Inds skids

about 8 years ago

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

Galaxy Surfactants hits new low, recoups

about 9 years ago

Galaxy Surfactants hit a new life time low today at Rs.1430. But from this level, it recouped and bounced back to Rs.1460 levels, down some 2.5%.

Syrma in the limelight

about 2 years ago

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

Sarda Energized!

about 1 year ago

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

Stocks got "Trumped"

about 1 year ago

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

Coffee stocks wake up

about 1 year ago

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

Textile stocks in news

about 1 year ago

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

Paras see's 'defensive' buying

about 1 year ago

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

Symphony plays good tune

about 1 year ago

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

IOL Chemicals in news

about 1 year ago

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

Jana SFB on the rise

about 2 years ago

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

Surya Roshni in dim light

about 2 years ago

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