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Vardhman Special at new high

about 10 years ago

Vardhman Special Steels, which had closed at Rs.119.10 yesterday, went on to hit a new record high today at Rs.141.95. The stock has come off the high but remains 14.5% up at Rs.136 levels.

Gandhi Special hits a new life time high

about 9 years ago

Gandhi Special Tube hit a new life time high today at Rs.405, with volumes surging almost 6.5 times.

Mundra Port and Special Economic Zone Ltd.

about 20 years ago

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Gandhi Special in the limelight

about 10 years ago

The stock price soared today to Rs.340, up some 11% and just Rs.10 short of its 52-week high mark of Rs.350.

Vardhman Textiles at lifeitme high

about 10 years ago

Vardhman Textiles hit a lifetime high today at Rs.1116.75, up over 16%. It has come off this high since then but remains firmly in the green at Rs,1023 levels, up 7%. Volumes are robust, going up over 3 times. The company yesterday after market hours announced that it has scheduled a Board m ...

Allahabad Bank up over 2.5%

about 13 years ago

Allahabad Bank is up over 2.5% at Rs.95.95, its current intra day high. Around 2 lakh shares have changed hands since morning. The stock is in the limelight after the Bank announced today that the shareholders of the bank through a special resolution at an EGM held on Tuesday, 24 December 20 ...

Sasken Comm up over 5%

about 13 years ago

Sasken Communications is in the limelight today. The stock is currently up over 5% at Rs.187.70, close to its intra day high at Rs.188.30. The stock is up today after the company announced yesterday that it has fixed January 25, 2014 as the Record Date for the purpose of payment of Special D ...

BPCL - Rs. 58 Dividend Ex Date - Stake Sale Countdown Begins

about 5 years ago

Rs. 35 Special Dividend and Rs. 23 Final Dividend for FY 21

JP Power gets "on"

about 10 years ago

Jaiprakash Power Ventures is buzzing today as the market is happy with its another ‘sale’ news. The company has approved sale of its Bina Thermal Power Plant to JSW Energy. This sale is to be done through sale of shareholding in a special purpose acquisition entity called Bina Po ...

Linde India top loser

about 7 years ago

The market is obviously not happy with this performance. Despite the company declaring a 100% special dividend, the stock is the top loser on the BSE

Textile stocks jump back up

about 5 months ago

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

Hind Zinc has a 'golden' hue

about 11 years ago

Hindustan Zinc is indeed giving a bounty to its shareholders. The company, celebrating its golden jubilee has declared a special dividend of 1200%, which is the highest till date by any private sector company. This means a dividend of Rs.24 on a Rs.2 face value share. This means, for Hindust ...

Types of Margin

about 8 years ago

The stock exchange collects margins in various forms from traders/investors like Gross Exposure Margin, Special Margin, Daily/Initial Margin, Mark to Market Margin, Ad-hoc Margin and Volatility Margin. We understand these terms briefly.

INFOSYS – 11TH JAN WILL BE WATCHED!

about 8 years ago

Infosys today rose over 3% and through the day, remained in the green. Oh yes, the market is enthused alright! What has almost become a yearly ritual, Infosys has once again announced a buyback. It has announced that its board will consider a buyback programme and payment of special dividend, among other proposals, at its meeting on January 11.

GST – A WORK-IN-PROGRESS POLL TOOL

about 8 years ago

The weekend was made extra special by the Govt – it slashed the GST rates on more than 50 goods and this is estimated to lower the revenue by around Rs.15,000 crore each year. But hey, taking this hit is much better than losing it all in the upcoming elections – that’s precisely the sole reason for this largesse. Driven purely by the need to placate frayed nerves in the state and central elections,

BHAIYYA MERE RAKHI KE BANDHAN…..

about 9 years ago

You have Mothers day, Fathers day, Valentine’s day too. But India is unique in the sense that we are probably the only country which celebrates the beautiful bond shared by a brother and sister. Today, as we celebrate Rakshabandhan, we are actually bringing and keeping intact the family unit. Often given a very melodramatic twist in Indian movies, rakhi symbolizes the very special bond which a brother and sister share

POLITICAL FUNDING – GETS MORE MURKY THAN TRANSPARENT

about 10 years ago

When it comes to getting the black money out of the people of India, the Govt was so clear and left no stone unturned. But when it comes to its own funding policies, it has chosen to give itself a special status, going from transparent to opaque. The FM in his Budget FY18 speech had said very eloquently that he wanted to make the process of political funding transparent.

P-NOTES -FIIS GO AAARRRGGHHH!

about 11 years ago

The market is really angry and frustrated! AAARRGGGHHH!!! Well, first it was GAAR which came to hound the peace and tranquil that the FIIs were in and now its P-Notes. And FIIs are reacting in the most predictable way - by pounding down the markets, threatening the Govt to retract any action against P-Notes, or else....that hangs in fire. Currently, the mere report put out by the Supreme Court appointed special investigative team's (SIT's) "recommendations" have routed the markets. Mind you,

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.

DELISTING - THE NEW BUZZ WORD ON DALAL STREET

about 15 years ago

The markets are lackluster and the moods are despondent. Stocks move only to slip back down. But even in this market, there are a few breed of stocks, which seem to defy even the sense of gravity. And that special breed of stocks is the ones which are delisting or are 'potential' delisting candidates.

Strides Arcolab hits new low

about 13 years ago

Strides Arcolab is currently the top gainer on the BSE, down by over Rs.500 at Rs.375.80 and this is after having hit a new 52-week low at Rs.354.84. The stock is down as it has turned ex-dividend from today. On 10th Dec’13, the company had announced a generous special dividend of Rs.5 ...

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 ...

Future Market is buzzing

about 10 years ago

Future Market Networks spurted up almost 6% intra day to Rs.74.15, zooming up from yesterday’s close of Rs.70.10. Volumes are muted but nevertheless, the stock is attracting some attention.

Fiberweb (India) spurts up almost 9%

about 10 years ago

Fiberweb (India) makes garbage bags, carrier bags and has the first-of-its-kind unit for spun bond nonwoven fabrics.

Hind Zinc gets generous

about 10 years ago

Intra day high point for Hind Zinc was at Rs.322.10, up 3%, some Rs.10 short of its 52-week high of Rs.333.40. In a stock like Hind Zinc when we say volumes have gone up 3 times,

Pratibha Inds spurts over 16%

about 10 years ago

The stock price of Pratibha Industries spurted up over 16% to Rs.13.55 and volumes on the counter also rose some 4 times. The good news on the counter is that the company has decided that its Board will meet on 4th Jan’17 to consider and approve, the issue and allotment of shares on pr ...

Empee Distilleries gets a hangover

about 10 years ago

Last week, on 21st Dec to be more precise, Empee Distilleries had risen some 6% on news that th Board was meeting on the 26th of Dec to consider and approve sale of 1,95,12,997 equity shares of Rs. 10/- each held by the Company in Empee Hotels Limited (Unlisted entity). It is meeting to also ...

Empee Distilleries in spirited mood

about 10 years ago

Empee Distilleries announced yesterday after market hours that its Board will b meeting on the 26th of Dec to consider and approve sale of 1,95,12,997 equity shares of Rs. 10/- each held by the Company in Empee Hotels Limited (Unlisted entity). It is meeting to also amend/ratify/ modify cert ...

Tata Steel is up in the green

about 10 years ago

Tata Steel is up in the green today since morning, figuring amongst the top gainers of the day. Two developments – first is the all-important deal it has reached with its UK trade union. Tata Steel has reached an agreement with trade unions on a number of proposals that would structura ...

GVK Power see's some light

about 10 years ago

GVK Power & Infrastructure, which has turned into a penny stock today, is up strong in the green, going up almost 6% at Rs.6.16.Its 52-week high is at Rs.7.70.

PSU Banks steal the limelight

about 10 years ago

It’s a great day for PSU banks on the bourses today. Indian Overseas Bank, BoB, Bank of Maharashtra, PNB, Indian Bank, Corporation Bank, Canara Bank, Andhra Bank, Oriental Bank, Syndicate Bank – all have hit a new 52-week high today. SBI is currently less than Rs.2 away from hitting a new high.

Ambuja and ACC buid up

about 10 years ago

Ambuja Cement remains amongst the top gainers on the BSE since morning, going up almost 10% to Rs.270.50, some Rs.12 away from its 52-week high of Rs.282. ACC in fact went on to hit a new high at Rs.1753.85

JSPL down in the red

about 8 years ago

Jindal Steel & Power (JSPL) is down in the red. The stock price has slipped almost 9% at Rs.199.50. The stock’s high and low stands at Rs.294.15 and Rs.112 respectively.

India Grid Trust lists at discount

about 9 years ago

India Grid Trust, an infrastructure investment trust (InvIT) sponsored by Sterlite Power Grid Ventures, made its entry on the stock exchanges today. It was expected to list at a discount and it did

Debt ridden stock top gainers

about 9 years ago

Based on SEBI's new norms, the stock market has jumped to new highs and all the top gainers on the BSE are debt ridden companies. JP Associates is the top gainer, up currently almost 13% at rs.17.37; GVK Power is up 11% at Rs.7.26; Amtek Auto is at Rs.30.95, up 10%; Reliance Defence is up 6.5% at Rs.60.50 and Unitech is up 6% at Rs.5.30.

Rcom is the newsmaker!

about 9 years ago

Rcom is the top gainer on the BSE since the opening bell today morning’ Soaring up almost 25% to Rs.26.66, the stock is firmly in the green. Some 2.5 crore shares have already changed hands.

Jai Corp hits a new high

about 9 years ago

Jai Corp briefly breached the 10% UC in the opening bell session at Rs.223.30, a new 52-week high. It continues to remain firmly in the green, figuring amongst the top five gainers on the BSE.

HDIL moves up on "preferential" basis

about 9 years ago

HDIL, a Mumbai based realty company is amongst the top gainers on the BSE currently. The stock price rose over 8% to Rs.69.05. Its 52-week high stands at Rs.101.91.

Tata Communications rings a new tune

about 9 years ago

Tata Communications today rose almost 2.5% to Rs.654 and continues to remains firmly in the green around the same levels.

JSW Steel hits a new high

about 9 years ago

JSW Steel, the largest steel maker of India went on to hit a new 52-week high today at Rs.343, on the back of its fantastic numbers for Q4FY18.

Radio FM sings rockin' tune

about 10 years ago

Yesterday, the Govt invited the second batch of applications or issued a notice inviting applications (NIA) for auction of 266 private FM radio frequencies – of this 227 will be auctioned in 69 new cities and 39 in 23 existing ones. Those winning the 36 channels up for sale in 14 cities of ...

ONGC and Oil India spurt up

about 8 years ago

ONGC rose 3% to Rs.165.10 today morning; it has since then come off that intra day high and is now at Rs.162 levels. Oil India also did well

IL&FS stocks hit new lows

about 8 years ago

IL&FS Transportation is the top loser on the BSE currently and it hit a new low today at Rs.25.55. In fact the entire IL&FC group

Uflex flexes its muscles in USA

about 8 years ago

Naturally, the market is happy with the news and the stock price rose over 6.5% to Rs.297, with volumes going up over two times.

Zensar Tech up over 4.2%

about 8 years ago

Zensar Technologies jumped up today morning by over 4.2% to Rs.236.50, with an almost 2 times surge in volumes. Its 52-week high stands at Rs.352.40.

Motherson Sumi jumps up over 11%

about 8 years ago

Motherson Sumi is the top gainer on the BSE currently, going up over 11% at Rs.179.30. The 52-week high and low is at Rs.263.47 and Rs.140.80 respectively.

Oil India down in the red

about 10 years ago

Oil India currently figures out amongst the top losers on the BSE, going down over 3.5% to Rs.360. ONGC is also down in the red but not as much as Oil India – it went down over 1.5% to Rs.226.70. The reason for both these upstream oil companies going down into the red today is a new or ...

DEN to network with more FIIs!

about 11 years ago

In this otherwise lackluster market, Den Networks is hogging all attention. Currently the top gainer on the BSE, the stock is up 8% at Rs.125 levels. Volumes are huge – as against a thinly traded two-week average of less than 4000 shares, today morning alone saw some 76,000 shares have chan ...

Tech Mahindra on the rise

about 11 years ago

The market is very obviously enthused with the performance of Tech Mahindra. The stock is currently the top gainer on the bourses, breaching the 10% UC briefly at Rs.527.15 and is now at Rs.524 levels, up over 9%. Volumes have jumped up over 5 times. Its 52-week high is at Rs.653.80. The com ...

Kansai looks bright and colourful

about 11 years ago

Kansai Nerolac is looking bright and colourful today morning. Opening Rs.11 higher at Rs.223, the stock went up to Rs.227 and is now some Rs.8 or almost 4% higher at Rs.220. Volumes are pretty robust at 31,000 shares traded today morning compared to 21,000 shares on 2-week average volume. Th ...

Polaris hits a new high

about 13 years ago

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

Tribhovandas loses some sparkle

about 13 years ago

Tribhovandas Bhimji Zaveri has lost some of its sparkle today morning. Opening lower at Rs.151, the stock went down at one point to Rs.145.50, down almost 7% but since that level, it has been recovering. Currently it is at Rs.153.45, down less than 2%. The stock is reacting ...

Marico Kaya zooms to new high

about 12 years ago

Marico Kaya has been hitting a new high since the 28th of August when it hit Rs.589 and today, it hit another new high at Rs.650. It currently trades at Rs.640 levels. The stock has hit a high today after the RBI announced yesterday that FIIs could now invest upto 40% of the paid up capital ...

TD Power switches 'on'

about 12 years ago

TD Power Systems, which makes transformers for ACs is on a jolly good ride today. The stock is showing good volumes with price rising over 4.5% at Rs.345 levels, with an intra day high at Rs.353.75. Its 52-week high is at Rs.375. The stock has got the go-ahead from the RBI for 100% FII inves ...

Apollo Tyres on the good road

about 12 years ago

Apollo Tyres seems to be on a very good road today, with the stock currenty ruling almost 5% higher over previous close at Rs.206.50 with intra day highs at Rs.208 levels. Its52-week high stands at Rs.217.70. The stock is buzzing loud and clear today after the RBI, via a notification s ...

Bafna Pharma gets 'Crisil'ed

about 12 years ago

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

Mukand on a fast gallop

about 12 years ago

Mukand is literally on a fast gallop today. Volumes are up almost 20 times and it breached the upper circuit at Rs.55.20 and it is currently up 16.5% at Rs.53.55. The company which manufactures alloy and stainless steel long products announced that at its Board meet held yesterday that it ha ...

Poor Q3 upsets CARE Ratings

about 12 years ago

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

Concor hits a new high

about 12 years ago

Container Corporation of India or Concor soared to a new high today at Rs.1650 and continues to remain over 9% up. Volumes are at 30,000 shares traded today compared to two week average of 28,000 shares. The action on the counter of Concor is all thanks to RBI. On Thursday, the RBI issued a ...

Zicom looks safe and secure

about 12 years ago

Zicom Electronic Security looks pretty safe and secure today. The stock opened slightly higher but soon zoomed to an intra day high at Rs.181.30 and is currently up 8% at Rs.174 levels. Volumes are huge at 1.83 lakh shares changing hands today v/s two-week average of 19,000 shares. The stock ...

ADC India hits another 'special' high

about 12 years ago

ADC India had hit a new high on Friday at Rs.286.20 and today it opened higher than this and went on to a new high at Rs.302. Volumes are up from a mere 10,000 shares to 28,000 shares changing hands in today’s morning trade alone. In a surprise move, the company brought some cheer to i ...

Gati bouncs back strongly

about 11 years ago

Gati is a strong gainer in today’s weak markets. It had hit a new 52-week low yesterday at Rs.115. Today, punters seem to have entered at the low levels. The stock is currently up 7.5% at Rs.135 with an intra day high at Rs.138. The stock is up mainly on bottom fishing. Plus the news t ...

Akzo Nobel looks vibrant

about 11 years ago

Akzo Nobel, intra day spiked up almost 5% at Rs.1429. Its 52-week high is at Rs.1548.70. Volumes have jumped up from a two-week average of 745 shares to around 4200 shares today morning. This sudden spark of love for the stock is thanks to two things – firstly the encouraging performan ...

Visa Steel builds up strong

about 11 years ago

Visa Steel is strongly into the green today morning. The stock is up over 13.5% at Rs.16.40 with an intra day high at Rs.17.30. its 52-week high is at Rs.25. Volumes are huge at 72,000 shares today alone compared to a mere 3000 shares over two weeks average. Today morning, before the market ...

Eveready Inds up almost 4%

about 11 years ago

Eveready Industries is up almost 4% at Rs.290 levels with an intra day high of Rs.300. Volumes are huge at over 2 lakh shares being traded today morning compared to 72,000 shares over two week average. The stock is buzzing today as RBI allowed FIIs to invest upto 49% in the company under the ...

IVRCL's toll gets rolling

about 11 years ago

IVRCL has been hogging quite a bit of the limelight for the past two days. Yesterday, the stock breached the upper circuit at Rs.9.75 and today, intra day it has gone up over 14% to Rs.10.85. Volumes are up over two times. The stock is up on news that IVRCL Chengapalli Tollways Ltd. [ICTL], ...

SPML Infra goes up 20%

about 8 years ago

SPML Infra is in the limelight –it touched the 20% UC in the morning at Rs.37.05 and is now quoted over 15% up at Rs.36 levels.

Hindalco looking dull and cold

about 11 years ago

Hindalco is the top loser on the BSE currently, down almost 3.5%, at an intra day low of Rs.74.40. Its 52-week low stands at Rs.67.55. Two reasons for this cloud over Hindalco. Firstly, there has been a change in the BSE Sensex composition – with effect from December 21, Adani Ports an ...

Visa Steel in 20% UC

about 11 years ago

Visa Steel is locked in the 20% upper circuit filter at Rs.18.44 with mind boggling volumes – almost 2 lakh shares changed hands today compared to two-week average of less than 4000 shares. The reason for this sudden new found love for the stock is on bulk buying news - Cresta Fu ...

Adani Entp jumps to top gainer

about 11 years ago

Adani Enterprises is the top gainer on the BSE currently, up 7% intra day at Rs.80.35. It since then come off that high point and is now at Rs.78 levels, up 4.5%. The stock is up on hopes that the much awaited and delayed US$15 billion Carmichael coal project in Australia might finally see t ...

Tide Water hits a life time high

about 11 years ago

Tide Water Oil is buzzing loud and clear today. The stock has hit the 20% upper circuit at Rs.20798 and this is the new life time high. Volumes have jumped up from a two-week average of 390 shares to 5479 shares traded today alone. The stock hit the roof after the company announced yesterday ...

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 ...

Reliance Defence is top gainer

about 11 years ago

Pipavav Defence, which is now known as Reliance Defence and Engineering Ltd (RDEL) is the top gainer on the BSE currently. Intra day, it rose almost 6% to Rs.69.90 and remains firmly around the same levels. The market is reacting to the final approval given to the new Defence Procurement Pro ...

Swaraj Engines on a new high

about 11 years ago

Swaraj Engines hit a new 52-week high today at Rs.1175, with volumes jumping up almost 1.5 times. The market is enthused with the company’s Q4FY16 performance. Its net profit jumped up 41% (YoY) at Rs.12 crore on a 9% rise in net sales at Rs.113 crore. Engine sales ros ...

CMI rises over 3.5%

about 8 years ago

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

RBL Bank hits 10% LC

about 7 years ago

The moment is opened for trading, RBL Bank hit the 10% LC today at Rs.258.25, with over 6.55 lakh shares still waiting to sell. Its 52-week low stands at Rs.241.75.

Reliance Industries perks up

about 8 years ago

Reliance Industries has been gaining for the last 2 days and has risen 2.74% in the period. It touched an intraday high today at Rs. 1,384, up almost 3%.

Sandur Manganese up 5%

about 3 years ago

is buzzing today morning; from its close of Rs.544.45, it opened at Rs.563, up 3.5% and rose to an intraday high at Rs.570, up almost 5%, close it its UC of the day at Rs.571.65.

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.

Torrent celebrating bonus

about 4 years ago

The stock is among the top gainers on the BSE since the opening bell today. The stock opened over 4% higher at Rs.2750 and rise 9% to Rs.2869.60

Sanofi feels 'special'

about 4 years ago

The stock which had hit a new low on 12th May at Rs.6320.70, was in the news today for a good reason.

Tata Steel Long in red

about 4 years ago

The stock fell over 4.5% to an intraday low at Rs.575.25, just Rs.43 away from its 52-week low of Rs.532.

Forbes & Co hits a new high

about 4 years ago

The stock is a bright spark today morning; from its close of Friday at Rs.516.75, it opened today at Rs.580 and went on to hit a new 52-week high at Rs.620.10.

HCC hits 20% UC

about 4 years ago

The stock rose to Rs.14.66, going on to hit the 20% UC of the day. Volumes are up over 14.5 times. Its 52-week high is at Rs.20.03.

HPCL sinks into red

about 4 years ago

The stock price has understandably sunk down into the red today; it fell 5% to hit an intraday low at Rs.201.05, just a tad away from its 52-week low of Rs.200.

Hi-Tech Pipes up over 3%

about 4 years ago

The stock is doing well today, rising over 3% to an intraday high at Rs.879.35 on the back of good volumes. Its 52-week high is at Rs.912.

Torrent Power jumps 10%

about 4 years ago

The company is among the top five gainers since the opening bell today; rising 10% to an intraday high at Rs.502.55 on the back of 1.5x surge in volumes.

Foseco India hits new high

about 4 years ago

The market celebrated this with the stock price hitting a 5-year high at Rs.2209.55, up 10%. Volumes have jumped up almost 4x.

Jio Financial volatile

about 3 years ago

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

Tata Tech has bumper listing

about 3 years ago

As against the IPO price of Rs.500, the stock got listed on the BSE at Rs.1199.95 and soon rose to an intraday high at Rs.1400 and is currently trading at Rs.1304.

GMR Airports takes off!

about 3 years ago

The stock seems to be flying high today. Opening 4% higher at Rs.75.79, the stock rose further to Rs.77.77, up 7% and not too far from its 52-week high of Rs.79.47.

Infosys disappoints market

about 3 years ago

This disappointed the market and the stock is today in the red, going down 3% to an intraday low at Rs.1379.70 and is now trading at Rs.1399 levels. Its 52-week low is at Rs.1215.45.

Craftsman Auto up over 12.5%

about 2 years ago

The stock is among the top three gainers on the BSE; from its close of Rs.4835, it opened marginally higher at Rs.4842 and from there surged to Rs.5441.40, up more than 12.5%.

Godrej Prop tumbles down

about 5 years ago

The stock opened 9.5% lower at Rs.1511 and went down further to Rs.1502, going down over 10%. Its 15% LC for the day is at Rs.1418.90.

Hind Zinc falls as OFS opens

about 2 years ago

The stock, from its Friday close of Rs.572.95, the stock price fell 8% to hit an intraday low at Rs.528. Its 52-week high stands at Rs.807 and low at Rs.285.

Bondada Eng at new high and 5% UC

about 2 years ago

This is one loud buzzing stock today; from its close of Rs.3509, it opened itself at its 5% UC of the day at Rs.3684.45, a new 52-week high, where it stays locked.

Maharashtra Scooter spurts up

about 2 years ago

The stock opened 4.5% higher at Rs.12113.50 and rose further to an intraday high at Rs.12,561.30. Its 52-week high stands at Rs.12,787.85.

Hindalco down in red

about 2 years ago

The stock price has reacted negatively; from its close of Rs.708.25, it opened 3.5% lower at Rs.682.95 and slipped down further to an intraday low at Rs.657.55, down more than 7%.

HDFC Bank on a roll!

about 1 year ago

From its close of Rs.1995.30, the stock opened higher at Rs.2014.20 and rose further to Rs.2021.90, very close to its 52-week high of Rs.2027.40.

Shipping stocks in good waters

about 1 year ago

This has naturally led to shipping stocks like Cochin Shipyard, Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers (GRSE) and Shipping Corporation of India (SCI) seeing strong buying interest.

HCC 'right'fully falls

about 10 months ago

Volumes were healthy at nearly 32 lakh shares versus a two-week average of about 51 lakh, and the counter now trades less than a rupee above its 52-week low of Rs 17.97 and at less than half its 52-week high of Rs 40.23.

Tanla goes "la,lal,la!"

about 3 months ago

The stock gained Rs. 76.60 from its previous close of Rs. 560.30, opened at Rs. 593.80 and touched an intraday high of Rs. 656.70, as investors reacted to healthy revenue growth, stronger profit growth and robust free cash flow conversion.

SAIL - Best Steel Stock seeing no BUY call

about 6 years ago

SAIL is one of the largest steel making company, with a capacity of over 15 MTPA, with five integrated plants at Bhilai, Bokaro, Rourkela, Durgapur and IISCO

BPCL - Another Hefty Dividend in FY 21?

about 6 years ago

Government is seen keen to expedite the BPCL privatisation process, to mobilise Rs. 60,000 cr, from its 53% stake of BPCL, as also, to send a strong message of will of Govt of priavtisation move.

SAIL - Double Dhamaka

about 6 years ago

M cap of Rs. 30k cr and net debt of Rs. 30k cr, gives an EV of Rs. 4,000 cr per MT, with BV of Rs.100 per share.

Swaraj Engines: What a performance!

about 6 years ago

Swaraj Engines posted a great set of earning for Q4FY21, with many ‘highest’ to its record and its looks like the next couple of quarters will also remain pretty robust.

Adani Stocks - Itni Mayoosi Kyun Hain Bhai?

about 5 years ago

Amongst all these, Adani Ports is definitely seen a visible operating company, where valuation call was taken by us, though we have not given buy call on other Adani stocks in the last 3 years.

BPCL - Divestment now to be on Fast Track?

about 5 years ago

Has countdown of Govt stake sale of 53% in BPCL begun, with new Minister at the helm?

Adani Ports in news

about 5 years ago

The stock, which had closed yesterday at Rs.688.30, opened higher today at Rs.699.90 and went on to an intraday high at Rs.709.50.

Tech Mahindra at new high

about 5 years ago

The stock, which had closed yesterday at Rs.1524.40, went on to hit a new high today at Rs.1629.40 on the back of robust volumes.

HDFC Bank continues losing streak

about 7 years ago

HDFC Bank is a loser today as the market is taking its marginal fall in asset quality lightly. In fact the stock has been losing for the last two days and has fallen over 6% during this period.

Infosys hits new high

about 6 years ago

Stock opened at Rs.1184 and hit a new high at Rs.1185. Profit booking at these levels pushed the stock into the red, trading at Rs.1131 currently.

Indiabulls gets rammed by Swamy

about 7 years ago

Indiabulls Housing Finance, Indiabulls Real Estate and Lakshmi Vilas Bank are among the top three losers on the BSE since opening bell.

Nestle gets 'slurped' up!

about 7 years ago

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

Thermax dips into red

about 13 years ago

The stock has tanked today in the morning trades, post its poor Q3 showing. It is currently down 2% at Rs.655.10, with an intra day low at Rs.650.90. Volumes are up over two times. The company was as such not expected to post very encouraging numbers for Q3FY14. And it did not disappoint. It ...

HAL takes off well

about 7 years ago

Hindustan Aeronautics Ltd (HAL) has been rallying pretty strongly since morning, with the stock figuring among the top five gainers on the BSE since opening bell.

VA Tech in the limelight

about 7 years ago

VA Tech Wabag is most certainly on a great run. The stock is among the top gainers on the BSE today, in fact yesterday too, it was up and in these two days,

ITC takes puff of dividend

about 7 years ago

The stock was in fact a gainer over the past three days, rising over 4%. The stock price hit an intraday high today at Rs.158.25

M&M gets pragmatic

about 7 years ago

The stock opened with an upward gap of over 3.5% at Rs.291.05 and rose over 13% to hit an intraday high at Rs.317.80.

UPL jumps up over 17%

about 7 years ago

The stock opened with a gain of almost 3% at Rs.334 and rising 17.5% to an intraday high at Rs.381.65.

JSPL on track

about 7 years ago

The stock price, which has been on the surge for past few days, opened higher at Rs.93.50 from its previous close of Rs.91.70

Clariant Chemicals at new high

about 6 years ago

The stock which had closed on Friday at Rs.486.30, opened at Rs.574 and within minutes hit a new 52-week high at Rs.575.

HUL slips post Q1 numbers

about 6 years ago

The stock which had closed yesterday at Rs.2319.10, opened at Rs.2340 and from there, profit booking pushed the stock price down

Yes Bank close to its UC

about 6 years ago

The stock is currently trading at Rs.14.57 is so close to its 5% UC of the day at Rs.14.61 and remains pretty much in the green, among top five gainers on the BSE

GMR Infra up 7%

about 6 years ago

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

Mukand at 5% UC

about 6 years ago

The stock opened itself 5% higher at Rs.42.10, hitting its UC of the day. Its not to far from its 52-week high of Rs.51.50.

L&T falls on Q2

about 6 years ago

The market is not very excited about the performance of L&T and the stock today fell after nine consecutive days of gains. The stock opened over 3% lower at Rs.953

Brahmaputra Infra at new high

about 5 years ago

The stock, which had closed yesterday at Rs.28.80, opened higher today at Rs.32 and went on to hit the 20% UC of the day at Rs.34.55

Tech Mahindra in red

about 6 years ago

The market does not seem to be too impressed with these numbers as it opened in the red and then slipped 1.5% to Rs.948.65 and is now trading at Rs.952 levels

Dish TV pic distorts

about 5 years ago

The stock was a big gainer yesterday but today, sense has taken over and the stock is currently among the top five losers on the BSE

Hero Moto races on Harley

about 5 years ago

This good news on the bourses was greeted with an over 1% rise in the price at Rs.2830, up from the close of Rs.2801.

Defence stocks in limelight

about 5 years ago

Following this, defence stocks were back in focus today morning. BEL, Astra Microwave, Bharat Forge, Mishra Dhatu, Bharat Dynamics, Hindustan Aeronautics, BEML, Mazagaon Dock and Garden Reach

BPCL barrels a new high

about 5 years ago

Enthused by this performance, the stock opened itself at a new high of Rs.488, up over 3.5% over yesterday’s close on the back of an over 2.5 times jump in volumes.

JSW Ispat hits 5% UC

about 6 years ago

The company announced a very good set of earnings for Q4FY21, yet the market, going with the downward rally in metal stocks today, opened at its 5% UC of the day at Rs.61.60

Small banks in limelight

about 6 years ago

Ujjivan SFB is currently up 3.5% at Rs.30, Equitas SFB went up almost 5.5% at Rs.58.80, Suryoday SFB went up 1.3% to Rs.248.80 but is now in the red at Rs.246 levels while AU SFB

Srei Infra falls 15%

about 6 years ago

Following this performance, the stock plunged almost 15.5% today morning to Rs.6.23 levels while its 20% LC

Mukand at 5% UC

about 6 years ago

The market is super-thrilled with this news and that stock price reacted accordingly – hitting the 5% UC of the day at Rs.47.95.

Polyplex at new high

about 6 years ago

From its close of Rs.752.45 yesterday, it opened much higher at Rs.875 and went on to hit a new high at Rs.880

Trident rises 4%

about 6 years ago

Following this news, the stock price reacted positively, rising 4% to Rs.14.95. Its 10% UC of the day is at Rs.15.81

SAIL hits a new high

about 6 years ago

From its close of Rs.64.50 yesterday, it rose to hit a new high at Rs.67.85 – a two-year high, with some 23 lakh shares changing hands.

NIIT hits a new high

about 6 years ago

The stock, which had closed on Thursday at Rs.200.40, opened in the green and within minutes hit a new high at Rs.209.90.

Borosil Renewables at new high

about 6 years ago

The stock is today among the top five gainers on the BSE currently, going on to hit a new high at Rs.182.60, with a 3-times surge in volume.

Premier Explosives at 5% UC

about 6 years ago

The stock which had closed on Friday at Rs.135.55, opened itself at its 5% UC of the day at Rs.142.30, where it currently remains frozen

Divi's Labs hits new high

about 13 years ago

Divi’s Labs is on the go today. The stock opened higher at Rs.1365, went on to hit a new 52-week high at Rs.1390 and it is currently at Rs.1381.40, up over 5%. Volumes are up over one times. The stock is riding high on the back of its very good Q3FY14 numbers. Beating all estimates, th ...

CAUTION - OPERATORS AT WORK

about 6 years ago

What we have seen time and again is that when you start getting random “tips” from “market friends” and “hot stocks” get forwarded on Whatsapp (earlier it was SMS), its most certainly a time to get extremely cautious. Such tips have always been deadly. Like recently, one stock which has been doing the rounds vigorously is of RattanIndia Power. There were major forwards from many...

Kirloskar Electric up today too!

about 13 years ago

Kirloskar Electric had done well on Tuesday and today too, it has opened in the green. It is up over 3.5% at Rs.20.55, closer to its intra day high at Rs.20.70. Volumes are small, with some 726 shares changing hands in the morning. Its market cap stands at Rs.103 crore. The stock is up after ...

EL NINO MONSTER IS BACK - WHO GETS SCARED? WHO REMAINS NONCHALANT?

about 12 years ago

The El Nino monster is back, raising its ugly head, gnarling and snarling its teeth, threatening the very existence of farmers and their livelihood. With some 60% of the population depending directly or indirectly on agriculture, any forecast of poor monsoon spells doom. The first forecast from the Indian Meteorological Department (IMD) came in yesterday and it was not good. The IMD stated that monsoon this year could be 93% of the long-period average. Anything which falls in the range of 90-96% is considered

BUFFETT'S ANNUAL LETTER - REFRESHING INVESTING FUNDAMENTALS

about 13 years ago

Every year, the letter which Buffett writes to his shareholders is waited with a lot of eagerness. Apart from getting a peek into where his vision for the future lay, it is a pleasure to read his thought process and understand better about investments. This year's letter, which he wrote to Berkshire shareholders yesterday was like a refresher course for us investors. As usual it had nuggets of wisdom, more valuable than gold.

CONGRESS MANIFESTO - A UTOPIAN DOCUMENT

about 13 years ago

This apart, surprisingly, Rahul came off looking pretty confident and answered almost all questions without stumbling or looking far away into the distance, while his mother seemed to look on with real pride on her face. Our respected Prime Minister also spoke but the Press wanted to direct all questions at Rahul or Sonia and nothing at the PM. Again a sign that as per the Press, Manmohan Singh is a part of history now.

RAINS - DARK CLOUDS LOOMING LARGE

about 13 years ago

So what is the silver lining in the prediction by IMD yesterday that rainfall in India this year could fall short? We take a quick look at the sectors which could probably benefit, those which could be hit and those which will be unaffected. Currently India is gripped in election fever and hopes of a new Govt forming at

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

REALLY, LET'S LEAVE OUR RIVER'S ALONE!

about 13 years ago

Somehow, for the BJP, this fixation with the rivers is not a new idea. It was a seed sown by Atal Bihari Vajpayee when he first mooted the idea of interlinking the rivers to overcome water shortage. And this is probably the most opportune time to once again revisit this plan and see if there is any merit in this 'great' idea.

PRIVATE SECTOR CEO TO HELP TRANSFORM PSUs?

about 13 years ago

Ratan Tata heading NHPC? Or maybe Anil Agarwal heading Coal India? Sounds implausible, doesn't it? Well, if the Govt has its way, it has mooted an idea - why not appoint private sector honchos to head PSUs, maybe starting with Coal India and NHPC? Coal India is currently 'headless'. The CEO of the company, Narsing Rao resigned from the post in May'14, as he is seeking to play a decisive role in the newly formed stated of Telangana.

AS MIDCAPS BECOME EXPENSIVE, STAY AWAY FROM PENNY STOCKS

about 12 years ago

We are currently in a situation, at least most of the retail investors, where we can only watch the bull run and quality stocks hitting new highs. Two factors deter our getting in - most of the good stocks, even mediocre stocks are at unaffordable prices and secondly, the high prices could mean lesser profits on the table. Thus there is now a pursuit for penny stocks.

RAILWAY BUDGET - WILL IT BE ABLE TO WALK THE TALK?

about 12 years ago

All eyes were on the Railway Budget as this was the first major policy announcement made by the Modi Govt. This Budget was to give us an insight into how the Govt thinks, what it aims to do for the people, whether it can successfully straddle commercial, social and economic needs. And the Budget sent out mixed signals.

RAINS - WHERE 'MIS'FORTUNE WILL CHEER AND BEMOAN?

about 12 years ago

The stock market is capitalist. That's a known truth. When there is a pandemic, stock price of companies making the drug shoots up. For the market, every adversity is an opportunity. But therein lies a message too - look for the silver lining in every cloud. No doubt the rain deficit has come down last week from 34% to 21%

QUARTERLY RESULTS - NEED TO BECOME MORE TRANSPARENT

about 12 years ago

For those who want just a glimpse at the performance, with no woods to burn, the published results or a quick read through the attached Press Release is enough. But if you have investments and need a much better insight, in most of the cases the Press Release and many a times, even the published results

WINTER SESSION - TIME TO WALK THE TALK

about 12 years ago

In the previous Budget Session, which was between 7th July to 14th August, a few important Bills were passed - The Finance Bill, Creation of National Judicial Appointments Commission for appointment of judges to the Supreme Court and High Courts, altered the boundaries of the states of Telangana

ORDINANCE ROUTE REPLACING LEGISLATION.....

about 12 years ago

The Govt is planning to bludgeon its way through Bills using the Ordinance route. With no support expected from the Rajya Sabha, more than legislation, it will be an 'executive' type of working, where irrespective of the voices of dissent, all efforts will be made to progress ahead

RBI GIVES BANKS SOME SHARP TEETH - BUT WILL THEY BITE?

about 12 years ago

Thus given this dismal picture, in this background, today's news from RBI could come as some relief for the banks. It has now given banks the option of becoming a 51% equity owner of the borrowing company when it decides to restructure loans. Based on guidelines on Joint Lenders' Forum (JLF) and Corrective Action Plan (CAP), RBI has stated that the general principle of restructuring should be that the shareholders bear the first loss rather than the debt holders.

SPECTRUM AUCTION AND FISCAL DEFICIT - PREMATURE TO BEAT VICTORY DRUMS

about 13 years ago

Each round of bidding last one hour and it can be extended upto four hours. The final figures which we see today were after seven rounds. There is no 'end date' for these auctions. Last time, the auction held in Nov'12 lasted for two days, that held on March'13 was for one day and before that, the (in)famous 2010 auction lasted for one whole month. It will go on every week from Monday to Saturday from 9 a.m. to 7.30 p.m.

CDR CASES DOWN BUT AMOUNT MORE THAN DOUBLES

about 11 years ago

Corporate Debt Restructuring or CDR is hugely popular with traders. The moment a company announces that it is getting into CDR, the stock price zooms up. This is like a patient diagnosed with cancer; the moment one gets to know that chemo and other medications have been started, there is hope and hence optimism.

THE SEASON OF AGMs - ITS RELEVANCE EVEN WITHOUT GIFTS!

about 11 years ago

So within a span of three hours AGMs of three major listed companies will be conducted. One hour each? It makes one wonder the purpose itself of holding an AGM? This one-hour time frame for an AM, that too of companies which have some of the biggest market caps in India, are scuttled off in one-hour,

WILL SDRs SUCCEED OR JUST A WAY TO PROLONG THE INEVITABLE?

about 11 years ago

For the past few days, beleaguered, debt ridden stocks have been in the limelight. First was Electrosteel Castings. Then others followed - Jyoti Structures, Monnet Ispat, Lanco Teesta, Gammon India and VISA Steel. What do all these companies have in common, apart from the sudden push into limelight?

NELSON BILL on H1B - DRAFT OF THIS WIND PROMISES A STORM

about 11 years ago

his Draft Bill remained just that - a draft; was never legislated. And now there is another new Bill - known as the Nelson Bill which has started making news. Once again, the Bill, as expected and to be fair to their country, is pro-American; it wants to protect the jobs of their skilled IT professionals and bring in lesser Indian IT professionals. The way the Bill is worded, though not spelt out directly, it does indicate that the target is Indian IT companies.

HOTEL STOCKS - IT'S THE TIME TO DISCO!!

about 11 years ago

And today, one of the reasons why all hotel stocks are up in the green after such a long time could also be attributable to the optimism shown by Goldman Sachs. Yesterday, it has invested Rs.440 crore for a significant minority stake in Indian hotel investment and development firm Samhi Hotels which currently

EXPECT A "SLOW TRAIN" FROM THE RAILWAY BUDGET

about 11 years ago

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

DROUGHT - THE WAY MARKETS WILL LOOK AT IT

about 11 years ago

The stock market is capitalist. That's a known fact. When there is a pandemic, stock price of companies that make the curing drug, shoots up. For the market, every adversity is an opportunity. But therein lies a message too - look for the silver lining in every cloud. The biggest adversity facing the country currently - 10 states have already declared a drought. North Interior Karnataka, Telangana, Maharashtra, Gujarat, Madhya Pradesh, Uttar Pradesh, Bihar, and Haryana are scorching under drought or drought-like conditions.

AS WE GET READY FOR A DELUGE OF RESULTS...WATCH OUT!

about 11 years ago

We will soon get inundated with numbers, literally a deluge. Just when you get ready to decipher how much ITC, L&T and other bellwether stocks earned in Q4FY16 for quarter ended 31st Dec 2015. It will be a flood and analysts covering these numbers, trying to decipher whether the company is doing well

BUYBACK - PROMOTER IS THE BIGGEST GAINER

about 11 years ago

Warren Buffett's company, Berkshire has not declared a single dividend since 1960 but yet shareholders flock to hold shares in this company? Apart from the fact that it is a Warren Buffett company, he has helped created wealth for his investors - through consistent buyback of his own shares.

NSG - THE CHINESE WALL SEEMS UNSURMOUNTABLE

about 10 years ago

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

RBI MAINTAINS STATUS QUO

about 10 years ago

The RBI Policy of today was exactly on expected lines – there was no change in the interest rates. The market and the bankers were fearful that there could be a hike in the CRR to suck out the excess liquidity. Thankfully that did not happen – there was no CRR action. There has been some tinkering done but overall, it was a very staid policy, with no fireworks or even a spark.

MARKET RUNS WITH THE BULLS – SO DO PENNY STOCKS

about 10 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 and it is actually the perfect time to stand back and look at where and what we are investing in. Wait for the dust to settle before you take a call on large cap stocks too!

SEBI BRINGS IN A “NEW HIGH!”

about 9 years ago

It is really after a very very long time that we can thank SEBI for pushing the markets to hit new highs. In what would have otherwise been another day of listless trading, SEBI’s new diktat on debt ridden companies’ takeover has made the markets celebrate; it is as though it just needed a pretext. These new norms facilitates RBI in its NPA resolution exercise.

CDR - AN ESCAPE ROUTE FOR PLANS GONE AWRY

about 13 years ago

As per data on the CDR cell website, since its inception till 31st Dec'13, it has received 605 cases (365 cases as at 31st Dec'11) of which 105 cases were rejected, approving 443 cases. There were 69 cases which exited the CDR successfully while currently 259 cases are 'live'.....

FIIs LIMIT - OPPORTUNITIES REMAIN UNLIMITED

about 13 years ago

Take a look at some of the companies which recently announced hike in FII limit. Today Federal Bank is in the limelight as its FII limit has been hiked from 49% to 74%. Axis Bank, Karur Vysya Bank, NHC Foods, Powergrid India and many more. Remember Titan Industries in Nov'13?

THE NEW FDI POLICY – APPLE LAUGHING ALL THE WAY!

about 9 years ago

A new FDI policy was ushered in, effective since Monday, 28th August. This is an annual exercise undertaken by the Department of Industrial Policy and Promotion (DIPP). And this time around, it is a consolidated policy, which is a compilation of the various decisions taken by the government in the past one year.

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

IGNORE THE SMSes - THOSE PENNY STOCKS ARE DANGEROUS!

about 10 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 and it is actually the perfect time

GST - KEEPING IT SIMPLE!

about 10 years ago

GST will come soon, one day for sure! Online retailing is the "next big thing" in India. Put both of these together and what do you get? Surely, logistic companies are set for some boom times ahead. Stocks like Gati, AllCargo, Snowman, Gateway Distriparks, Container Corp and the entire pack is already soaring. Indeed they are looking at much better times, beyond being just oil containers

THE SEASON OF AGMs - A PRACTICE OF TOKENISM?

about 10 years ago

Last year, Adani Ports, Adani Power and Adani Enterprises held its Annual General Meeting (AGM), all in one day, one after the other, all within a span of one hour. This year, a little bit change - Adani Ports will be holding its AGM tomorrow, 9th August 10:30 a.m. at J.B. Auditorium, Ahmedabad but before that, one hour earlier, at 9.30 am, at the same venue, AGM of Adani Power will happen

YUAN IN SDR - LONG WAY TO GO...

about 10 years ago

While we were taken over by the border tensions and then RBI, China has quietly taken its place in history. If one may recollect, last year, in November 2015, the IMF announced that it was including the Chinese currency in the SDR basket. And that has finally happened. Starting 1st Oct

WHAT THE RESULTS DON'T TELL US?

about 10 years ago

It is that time of the quarter - results time! We will soon get submerged with numbers and this time around, we have to see Q2 as well as H1 numbers - together they give a pretty good estimation of what to expect in the second half. Yes, estimations can be made, provided the company gives all the

UNLIMITED OPPORTUNITIES IN FIIs 'LIMIT'

about 10 years ago

Over the past few months, while everyone has been concentrating on major macro issues, interest rates in India and USA, Europe, Brexit, oil and Sensex gyrations, there have been many companies which have reached FII limits. There have been stock specific movements every time a company has announced that

RBI DOES THE RIGHT THING - HOLDS RATE STEADY

about 10 years ago

The market largely was expecting a rate cut - whether it would be 25 bps or 50 bps; that was the big question. RBI pulled a fast one and sat tight on the rates; there was no change in repo rates, no change in CRR too. But the statement showed that overall it had a hawkish outlook, bearish on the growth rate, cutting it by 50 bps, from 7.6% to 7.1%. The markets were holding firm till the policy statement came and after that, seeing that there was no rate cut, the indices fell like dominoes,

MANN KI BAAT HURTS THE MARKET

about 10 years ago

On Christmas Day, PM addressed the nation on the radio, through his monthly "Mann ki baat" and this has spooked the marketmen completely. The very same traders who praised Modi for his 'bold' demonetization move were today seen criticizing him, questioning his objectives, asking the purpose behind the note ban, with some even wondering if he had gone cuckoo! Only reason for this complete loss of faith - the PM in his speech apparently 'hinted' at Long Term Capital Gains (LTCG) taxes. What he actually said was - tax collection

SEZs - A BIG FLOP SHOW

about 15 years ago

A month ago when the ministry of commerce reviewed the SEZ policy, it was found that a mere 143 of the 583 approved SEZs had commenced operations. More importantly, out of the 104 approved SEZs in Maharashtra, only 18 have gone into production, against Gujarat's 45 approved....

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

LAND ACQUISITION BILL - PRO-POOR THUS ANTI-INDUSTRY

about 15 years ago

One news, bigger than the brawl of Shahrukh Khan, which unfortunately most channels failed to debate at prime time, was the revamped Land Acquisition, Rehabilitation and Resettlement Bill. And the Parliamentary Committee which has recommended

PENNY STOCKS - GIVE NO THOUGHT!

about 15 years ago

The list in endless and the queue of traders wanting to pick the next 'Infosys in the making' or the next 'Sterlite in the making' is growing. And that is worrisome. Mid cap stocks are still a better risk than small caps. And remember - rarely do penny stocks ever become even

TRADE POLICY -FORGOTTEN IN THE WINK OF AN EYE

about 15 years ago

We constantly talk about policy paralysis and there is this news today which did not even get a mention. There are no path breaking announcements but at the same time, given the turmoil world over, all eyes should have been on the Commerce Minister...

THE MONK WHO SAVED THE AIRLINES

about 14 years ago

Vijay Mallya needs to take lessons from Kazuo Inamori. He is the monk who saved Japan Airlines Co or JAL as it is popularly recognized, from the brink of extinction. Problems faced by JAL, uncannily similar to that faced not just by Kingfisher by most of the airlines in India - industry crises, heavy costs , Japan's high landing fees, political pressure

CERC - DOES A "BATTI GUL" FOR POWER COMPANIES

about 13 years ago

Well, looks like markets did have a good read and are not happy with what it read. Power stocks continue to remain the big losers of the day, lead by NTPC, which will be impacted the most (Read 'What's Buzzing' column for NTPC specific details). What also comes forth is that power tariffs are set to come down - good news for us, naturally, not good for the power companies. It also aims to increase the onus of improving efficiency

INTERLINKING RIVERS - UNVIABLE & SPELLS DISASTER

about 14 years ago

The idea of linking the rivers of India was first mooted by the NDA Govt and everyone lauded them for coming up with such a 'great' idea. Then UPA came into power and sat on it, like it sits on everything else. It appointed the National Council of Applied Economic Research (NCAER) to conduct a feasibility

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!

Reforms with a Vengeance

about 14 years ago

"India First" is the new slogan and mantra of the Congress to implement reforms, as these are seen in the larger interests of the country and its citizens. Even the communication through media has started by the Govt., whereby gains of each policy initiatives are being explained to the people of India. From hereon, Govt. is likely to continue with its reform process taking advantage of the dilemma of various political parties.

CDR - FROM BITTER PILL TO BARFI!

about 14 years ago

Earlier CDR meant the company was close to being declared sick but today, everyone knows the company is in trouble but CDR is like a magic pill that will get the company back into health. This positive perception towards CDR is on account of various past success stories

CORPORATE GOVERNANCE - THE POLITICS OF KOWTOWING WITH POLITICIANS

about 14 years ago

What has also come forth is that companies, which require the least amount of licenses, like IT and other similar service oriented companies have the lowest or no political give and take; simply because dependency to get clearances is negligible. While those in the energy sector, coal, realty, SEZs and all those which require maximum

BROKERS - SOME ARE FIGHTING, SOME HAVE TAKEN FLIGHT!

about 14 years ago

A few years ago, seems like a part of history when you had to call up your broker, give him your order and then wait patiently for him to revert back, with the quantity he got and the price to be paid. It was a task, getting through to the broker's phone numbers

CDR - THE NEW PAIN KILLER FOR INDIA INC's INDULGENCES?

about 14 years ago

Debt has become a bad word, taboo on Dalal Street. The moment any company starts showing signs of stress due to high debt, it is dumped like stinking garbage in the dustbin! Companies with high debts always existed and one would have thought that with interest rate cycle now turning downwards, it should actually stop being such a big issue. But in this current environment of bear cartels, margin money pressures and pledged shares