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WPI, CPI AND IIP DATA TO GET A MAKE OVER?

about 11 years ago

Every time that the IIP data comes in, we kind of shrug our shoulders and say, "what else". Ditto for inflation data, especially WPI which has been showing a deflation while on the CPI front, the RBI Governor is grappling with rising prices. We just look and move on - somehow, faith on these numbers has suffered a blow.

CHANGE OF BASE YEAR – MAKES MACRO DATA LOOK SO GOOD!

about 10 years ago

For most of us ignoramus, the Base year in economic parlance does not mean much; or rather does not mean anything. But today, when we base all our economic data for making important investment decisions, take a calculated risk even on what the RBI could announce, this base rate holds tremendous significance.

BEKAARI DATA IS BEKAAR?

about 9 years ago

A country which tracks CPI, WPI, IIP, Fiscal deficit, GDP, forex kitty and so obsessed about growth – how come this macro data is simply not considered to be important enough? Well, there is one small way in which we can save our face – Center for Monitoring Indian Economy (CMIE) provides a day-to-day unemployment data – it is displayed on the BSE website, right above the Sensex ‘up and down’ data – right on the masthead!

WHEN NATIONAL STATISTICAL DATA GETS INTO ‘FAKELOGY’

about 8 years ago

When the genuineness of statistical economic data comes under a cloud, surely we need to worry. The macro data published by the Govt is the one on which all policy decisions are based but if that itself is not true, how can the policy decisions be correct?

MACRO ECONOMIC DATA - MERELY "ESTIMATES?"

about 7 years ago

With data now completely missing for April, will the entire data be an estimate only? And if its just an estimate based on various statistical “models” what is really the accuracy of this data?

MACRO DATA OVERSHADOWED BY IT EARNINGS

about 5 years ago

And there was macro data too. First the CPI for Dec which came in at 5.59% - a 6-month high v/s 4.91% (MoM) and v/s 4.59% (YoY). In CPI, it is food inflation which was the main culprit at 4.05% v/s 1.87% (MoM). The RBI has been mandated by the government to keep retail inflation at 4% with a margin of 2% on either side. This means, we are now at the upper side of this margin.

EBITDA Margin - a wrong data for stock pickers

about 6 years ago

Be careful and let's not accept everything with blind eyes.

Data center in green

about 9 months ago

E2E Networks hit a 10% upper circuit at Rs. 2,526 on the National Stock Exchange of India, while Anant Raj Industries rose about 7.5% to an intraday high of Rs. 570.55; Netweb Technologie

Data Patterns

about 5 years ago

High-Margin Defence Electronics Player
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UTI ASSET MANAGEMENT COMPANY

about 19 years ago

Price Band : Rs. - to Rs. -
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Radiant Cash Management

about 4 years ago

Many Ifs and Buts
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SBI Funds Management

about 3 months ago

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

about 12 years ago

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

MARKETS WILL DANCE TO THE TUNE OF DATA IN JANUARY

about 13 years ago

January promises to be an action packed month; what we see now could be just the lull before the storm. It's the beginning of a new calendar year and the FIIs are also yet to return back in full vigor. But realistically speaking, that happening right now, given the tapering and the uncertain political environment

Data Patterns fantastic debut

about 5 years ago

There was a brand new listing on the bourses today; the stock made a stellar debut on bourses with a premium of 48%, listing on the BSE at Rs.864 v/s IPO price of Rs.585.

AGRI YIELD AND SOWING - WHEN DATA COLLECTED IS QUESTIONABLE

about 10 years ago

The bountiful harvest of the kharif season was eclipsed by demonetization and the farmers were left with grains but no one to buy as cash itself was in short supply. We had proof of this in the CPI numbers of December, which at 3.41% was the lowest since November 2014. This was on the back of food inflation which came in at 1.07% v/s 2.03%

IS THE AGRI DATA WE GET RELIABLE ENOUGH?

about 9 years ago

The kharif sowing season is on…it began in April and will continue onto July, with harvesting in October. Rice is the most important kharif crop and this year, the Govt has set new records when it comes to target. After the IMD forecast normal monsoon, the Agriculture Ministry is targeting record foodgrain output

NO CPI AND IIP - EVEN DATA UNDER LOCKDOWN!

about 6 years ago

The Govt, instead of announcing this ahead of time, waited till the stipulated time and did not release CPI for May and IIP for April. All it gave was a food CPI number which was up 0.1% at 9.28% and vegetable was down 10.7%.

Data Patterns at new high

about 3 years ago

Despite this, the stock price continues to rise. Today, it opened less than 0.5% higher at Rs.2800 but soon jumped up 9% to hit a new 52-week high at Rs.3036.

Data Patterns top gainer

about 4 years ago

From its previous close of Rs.1161.30, it opened much higher today at Rs.1269.95, rising further to Rs.1361.95 and is now trading at Rs.1354 levels.

Infosys loses as management churns

about 13 years ago

Infosys is currently the top loser on the BSE, down over 6% at Rs.2976 and this is after hitting an intra day low at Rs.2935. The stock is down after the company announced yesterday after market closure that its probable CEO, B G Srinivas, tendered in his resignation. He resigns w.e.f 10th J ...

WHEN WILL ASSET RECONSTRUCTION GATHER MOMENTUM?

about 8 years ago

RBI put out some very significant data on Asset Reconstruction Companies (ARCs). This data came up through an RTI and shows that the existing 27 ARCs in India book value of loans purchased as at 31st March 2018 stood at Rs.3.23 lakh

RBI KEEPS STATUS QUO - NO 'APRIL FOOL' PRANK HERE!

about 13 years ago

Looking ahead, it would be too early to start predicting what RBI would do in its next policy as it will continue to be data driven - with monsoon predictions to rule all decisions as it will directly affect inflation. Yet, it we were to read the writing on the wall, rate cuts are not seen anywhere on the horizon, lets only hope that no more rate hikes comes. If inflation soars and monsoon fails, well, a rate cut would be inevitable.

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'.....

NEED OF THE HOUR – MAKE AGMs MORE PARTICIPATIVE

about 8 years ago

So why is it that retail shareholders do not have much say or no say at the AGMs? It is usually a docile, boring, chai-samosa kind of event, with some shareholders waxing eloquent about the management while some asking the standard questions on dividend and bonus shares.

INFOSYS - TO BUYBACK OR NOT IS THE BIG QUESTION

about 12 years ago

But politics apart, we need to look at the merit of this idea. As at end of 30th June 2014, Infosys was sitting on a cash balance of Rs.29,748 crore. Its last acquisition was in 2012 of Swiss company, Lodestone, paying Rs.2000 crore. After that there is not even a talk of the company scouting around, given its own internal management churn. Thus sitting on idle cash, that too so much cash, does not make any sense

LOOKING BACK, LOOKING FORWARD

about 5 years ago

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

TENDERING - TIME TO GO FULL ON!

about 5 years ago

Looking ahead, the management of L&T, which is actually the pulse of the country’s infrastructure sector growth, expects direct orders from the Govts, state as well as central, to slow down as they are expected to spend more on the pandemic related and other social issues. On the other hand, it expects the private sector to shore up spending

FY19 GDP AT 5-YEAR LOW AS NEW FM TAKES CHARGE

about 7 years ago

News on the FY19 GDP was not so good; no amount of fiscal management helped. Q4FY19 GDP came in at 5.8% v/s 6.6% in Q3FY19 and that for FY19 was at 6.8%, a 5-year low. The numbers were much below what was estimated by most analysts.

Q2FY16 RESULTS - TO BE Q1 'ACTION REPLAY'

about 11 years ago

The countdown has begun to the Q2FY16 numbers. Earlier it used to be Infosys which used to kick start the earnings season; no longer so after the new management took over. Nowadays this crown of being the "first" is held by IndusInd Bank which will declare its numbers on 9th Oct.

MUTUAL FUNDS BECOMING "ACTIVE" SHAREHOLDERS?

about 10 years ago

We had seen, a few years ago, how institutions for the first time had spoken out in the open about why it questions Maruti Suzuki's decision to put up a plant in Gujarat, which in turn it will sell to Maruti. Suzuki was to earn 17% ROCE on the Gujarat plant and this plant would have zero cash flow. The management probably never even in its wildest of dreams could have imagined that it

AVIATION – GETTING READY FOR TAKE OFF!

about 5 years ago

Two days ago, it was a pleasant surprise for all of us, all of us who liked the travel experience of Jet Airways, to see that the new management has advertised for experienced pilots. The airline is hiring! And that, in these times, when the aviation sector is down and beaten down is very good news.

DELISTING – SHORT CHANGING MINORITY SHAREHOLDERS

about 6 years ago

Delisting per se, is not a no-no. It’s the decision of the management and something which minority shareholders have to always be prepared for. But here, the timing of the delisting reeks of a complete sense of selfishness, a sense of short changing the shareholders – that’s what a delisting at this time speaks about.

A BIG SHOW OF EGO

about 7 years ago

The US Presidential visit to India is a big event; that’s what it is – a big event management show. The dancers and depiction of Gandhiji’s life on the route from Ahmedabad to Sabarmati is just that - a big show of power, something which Trump and Modi both have in abundance.

WHEN A CEO IS ADDICTED?

about 8 years ago

But our newspapers were rife with stories of how those in power, especially in the top management have constantly flouted rules to fulfill their wants, throwing all ethics and morality to the wind. Labor be damned and company be damned – that’s the attitude!

RAJAN BECOMES THE ROCKSTAR ALL OVER AGAIN!

about 11 years ago

Wow!! A 50 bps point rate cut! At a time when Janet Yellen disappointed the world, our very own Governor literally took everyone by surprise with an unexpected generous 50 bps rate cut. Low inflation due to global factors, better inflation management despite poor rainfall is what has prompted the RBI to get so generous. Another positive here is that the RBI

WOULD YOU HAVE INVESTED IN INX IPO?

about 11 years ago

Imagine this scene. If INX Media, in 2008 had gone public, would you have invested in the IPO or not? A promoter like Peter Mukerjea, his 14 years of experience with Star Plus and the way he resurrected the channel is stuff which is taught in management schools; this was the USP of the INX. Indrani, we would have looked on as a wife, not as the one in charge; that is what we, like the rest of the world, would have assumed.

HEALTH OF PUBLIC FIGURES - NO PRIVATE MATTER

about 13 years ago

In India, corporate governance is just about gaining significance but do we ever hear about the health of a CEO? Just as having a sound management is important to run the company, isn't it equally important to know and be assured about the physical health of the promoter?

INFOSYS KA 'SIKKA' CHALA!

about 12 years ago

The change in the management of Infosys could not have been more apparent. Usually, results, as per Infosys 'tradition' is announced first thing in the morning, sharp at 9 AM. But this is the first time around when the company is under a new leadership of a very able Vishal Sikka

PSU BANKS' HR CRISIS LOOMING LARGE

about 10 years ago

Come 2018 and all the current CEOs of public sector banks will retire. In 2019, all executive directors will also retire. The retirement of those at the middle management level - General Managers and deputy GMs will leave many cabins in banks looking vacant and forlorn over the next 2-3 years. Thus there is going to be a shot of "retirement exodus" of the top and middle management layer in the banking sector.

INFOSYS - WHAT'S WRONG IN INDUCTING THE FOUNDERS SON?

about 13 years ago

Well, many would ask what could possibly be wrong about a founder promoting his son to a senior management position? Isn't this his birthright? Yes, in our country, the child is automatically considered to be the rightful heir to not just the wealth but also the company and the position. When Dhirubhai Ambani passed away, despite all the turmoil and the company being split into two, no one asked why the sons were given the baton?

IS THE HEALTH OF A CEO PRIVATE MATTER?

about 14 years ago

In India, corporate governance is just about gaining significance but do we ever hear about the health of a CEO? Just as having a sound management is important to run the company, isn't it equally important to know and be assured about the physical health of the promoter? What about the health of the person leading the company?

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

BUILD UP ON THOSE CEMENT STOCKS

about 10 years ago

Cement companies have been on a roll! Beginning with Ultratech Cement, almost all cement companies have reported fantabulous numbers for Q1FY17. Throughout these numbers of all companies across the board, the one thing which ran common, apart from profits, was excellent cost management

MARUTI - NEEDS 'ZEN' PHILOSOPHY 'SWIFT'LY

about 14 years ago

If one looks back, every act of violence or insult is a consequence of a hurt self-esteem or self-respect. So if the management can change its attitude and treat the workers with care and respect, maybe then such strikes might never happen. It sounds very simplistic

INFOSYS - CALLS FOR INTROSPECTION

about 15 years ago

The question come to mind - compared to the Q3 guidance, Q1 guidance was muted; does that mean the management at the end of Q3 expected a much better year ending than what it did at the beginning of the fiscal? Or is this the trend we need

INDEPENDENCE AND DETACHMENT WAY TO SUCCESS & SUCCESSION?

about 15 years ago

The question vexing many is - Why is the market celebrating a regular rejig operation at L&T? Well, this is not a routine rejig. This is restructuring at the top management level. Mr.Naik has always been the face of L&T and it is probably plastered in our minds that he is the CMD. For that to now be split into

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.

Jet Airways gets "Spiced" up!

about 11 years ago

Spicejet posted a fantastic set of Q1Fy16 numbers. High load factor and lower fuel prices helped the company, now no longer under the Maran management to post a turnaround – despite a 34% (YoY) fall in total income at Rs.1106 crore, in current Q1, it posted a net profit of Rs.72 crore v/s l ...

IIFL Wealth listing surprises

about 7 years ago

There is a new listing on the bourses today – IIFL Wealth Management and it got listed today at Rs.1210.

Aditya Birla AMC

about 5 years ago

India’s 4th Largest Asset Management Company (AMC)
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Price Band : Rs.695 to Rs. 712
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QIB : 10.36x,HNI :4.39x,Retail :3.24x,Other :1.68x
Listing Date : 11 Oct 2021, , Listing Price : 712

NMDC loses its sheen

about 13 years ago

NMDC is the top loser on the BSE, currently down 3.3% at Rs.127.20, which is around its intra day low. This stock, along with other metal stocks like Hind Zinc, Sesa Sterlite, Tata Steel, SAIl; all are down. The reason – China. Ever since PMI data came in for Feb’14 came in, ther ...

Edelweiss gets the 'Midas' touch

about 13 years ago

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

Idea Cellular rings a pretty tone

about 12 years ago

Idea Cellular is ringing a good tone today. Currently up almost 3% at Rs.179, the stock is at its intra day high point. Its 52-week high stands at Rs.203.90. The spotlight on the company is on news reports that it has hiked mobile data rates by 100% for pre-paid customers in the NCR region. ...

Sobha builds up

about 11 years ago

Realty player, Sobha is up and about today. The company, which usually precedes its Q4 numbers with some provisional data had good news to report this time. It announced yesterday after market closure that it has registered new sales area of 3.38m sq ft valued at 20.12bn at an average price ...

Idea Cellular at new low

about 10 years ago

Increasing capital expenditure and falling data volumes impacted the earnings of Idea Cellular for Q1FY17. Its standalone net profit for the quarter dropped 36% (YoY) at Rs.497 crore on a 8% rise in revenue at Rs.9487 crore. This number includes the full impact of spectrum acquired by Idea in Mar ...

Syngene Intnal hits a record high

about 10 years ago

Syngene International announced yesterday after market hours that it has completed a deal through which Syngene has purchased assets of Strand Life Sciences related to systems biology, Heptox and pharma bioinformatics services. This includes target dossier business and rights to NGS data analytic ...

Reliance Inds at new high

about 9 years ago

The market is apparently happy with the company’s new tariff plans for Jio. It upgraded its Dhan Dhana Dhan plan, and the new packs start at Rs 349, with data benefits.

Hero on good roads

about 9 years ago

There is some new data from the Society of Indian Automobile Manufacturers (SIAM). It has stated that Hero Honda remains the market leader in bikes in India

AGS Transact

about 5 years ago

ATM Management and Payments Company
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CMS Info

about 5 years ago

India’s Largest Cash Management Company
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Return on Assets

about 8 years ago

Return on Assets (RoA) signifies the company’s profitability in relation to its total assets. It reflects how efficient the management is in using its assets to generate income.

AMCs hit new lows

about 8 years ago

Today morning, in an otherwise recouped market, the stock price of asset management companies (AMCs) have come tumbling down. Reliance Nippon Life AMC is the top loser on the BSE, going down to hit a new low at Rs.192.10

Uttam Galva is up 9%

about 10 years ago

Uttam Galva is up 9% at Rs.33 levels, very close to its 52-week high of Rs.37.15 with volumes spurting up over 5 times. The stock has jumped up on unconfirmed news that Aion Capital Partners (JV between Apollo Global Management and ICICI Venture) is talking to the company and its lenders to ...

HCL Tech rides on Ford buzz

about 14 years ago

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

Novartis hits new low

about 14 years ago

Novartis hit a new 52-week low today at Rs.491.55 but soon recovered from this level and is currently at Rs.497. The stock is down on news that the management plans to sell 1.42% stake through an OFS to bring the stake down to 75% as per the SEBI stipulated minimum stake requirement rules. T ...

IIP - LOSING RELEVANCE?

about 5 years ago

IIP used to be a data that evoked a lot of curiosity and then emotions – if the macro data was good the markets went up and if bad, naturally, down. But after the timing was shifted to 5.30 in the evening to avert this volatility, over a period of time, it looks like IIP has lost the relevance and the reverence it once enjoyed. Its just another data?

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 ...

Latent View Analytics

about 5 years ago

Data Analytics Company
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Force Motors on a new high

about 12 years ago

Force Motors has been hitting a new high consistently since 12th August and today too, the stock hit a new high at Rs.762.90 and the stock remains strongly in the green. The stock has been hitting new highs, reacting to the stake sale by the Bajaj Auto group and the management of Force Motor ...

SPML Infra builds to a new high

about 12 years ago

SPML Infra is at a new high today at Rs.93 and remains strongly in the green, up almost 7%. The company’s Board of Directors, at its meeting held yesterday, evaluated the various options of fund raising available to the Company and authorized the management to explore : 1. Sell of ...

Pipavav Def loses as Anil Ambani takes over

about 12 years ago

Pipavav Defence deal took everyone by complete surprise. It was a well know secret that stake sale was inevitable but no one had expected that it would be Reliance Infra to step in. The Anil Ambani group company acquired Pipavav with complete management control. As per the deal, Reliance Inf ...

Dishman Pharma jumps on fixing RD

about 11 years ago

Dishman Pharma is a smart gainer on the bourses currently. The stock price is up over 3% at Rs.355 an this is after an intra day high at Rs.357.65. The stock is up, happy with its announcement that that the Management Committee of Board of Directors of the Company have approved and fixed May ...

Bharat Financial slumps 6%

about 10 years ago

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

Shalimar Paints bounces back

about 13 years ago

Shalimar Paints had hit a new 52-week low yesterday at Rs.48.95 and today, it bounced back, currently up 1.4% at Rs.53 levels. The company’s market cap stands at Rs.100 crore. The stock is up in the green today after the management yesterday, on a TV interview stated that the company i ...

RBL BANK - HIGH FEAR FACTOR

about 5 years ago

Management changes, that too in a Bank, given the previous background of various other banks, always spooks the market. That explains why RBL Bank is today stuck with a “Fevicol ka jod” to the top loser slot since the opening bell. The stock hit a new 52-week low today at Rs.132.35 with four times more sellers than buyers on the counter currently.

HIGH COST OF LOW LIVING

about 5 years ago

We all have been paying a lot more for all our day-to-day needs – be it veggies or oil or any commodity. And then the macro data comes in saying that inflation is within RBI’s target. None of thus rung any alarm bell; thus its good that Amit Syngle, MD & CEO of India's largest paint maker, Asian Paints, sounded alarmist at the post-earnings conference call yesterday.

Q4 AND FY15 GDP - ONUS BACK ON RBI TO SPUR GROWTH

about 12 years ago

Today's Gross Domestic Product (GDP) data was relevant for two reasons - firstly, it will be very important for the RBI Governor who may or may not announce a rate cut on 2nd June. Secondly, this is the first set of GDP data which is based on the new method.

‘SUV’IVAL OF THE (UN)FITTEST!

about 10 years ago

Yet, the latest report is baffling, defying all that we actually see on the ground – from the data provided by the Society of Indian Automobile Manufacturers, it appears that one out of every four cars sold in India is now an SUV. So much so that it is today eating away a large portion of the passenger car pie. Hyundai Creta and Maruti Vitara Brezza are the top selling ‘compact'....

THE WINNERS OF BUDGET FY18 ARE……

about 10 years ago

The Budget is over and gone. But before we forget about it and move on, a quick look at those who have reasons to cheer; the clear winners of this Union Budget. Afterall, for the market, all that matters is not the macro data but micro-micro …the stocks that gain; it all boils down to only that! So here is a quick list of companies which stand to gain today and we will see them reaping some, if not all the advantages in FY18.

NO SURPRISES HERE - FED KEEPS RATES UNCHANGED

about 10 years ago

The timing itself was so wrong. Last month's job data was discouraging. And then there is the looming Brexit referendum on the 23rd. With such a big event ahead, surely there was no way that the US Fed would have added more to the global turblence. Last time itself, Yellen had talked about the Brexit

IIP FOR APRIL - FASTEST GROWING ECONOMY IN WORLD SHOWS A DEGROWTH????

about 10 years ago

A week ago, the headlines screamed that India was the fastest growing economy in the world. And today, IIP data for the first month of FY17 starts with a degrowth. IIP for April came in at -0.8%. This was broadly expected as IIP in March has literally been held by a thin shard of thread in the green at 0.3%.

RABI CROPS - AB RAB HI BACHAYE!

about 11 years ago

While we are all very busy texting and giving opinions of social media about Aamir Khan and the Winter Session, there is a sense of disquiet in the hinterlands of India. They have a life changing situation and could be least bothered about Aamir threatening to leave India. The rural farmers are unnerved. Kharif was bad and now rabi crops too are not looking all that good. There is data to support to this sense of anxiety. The Ministry of Agriculture has put out a report saying that the total area sown for Rabi crops touched 12.3 million hectares by

CHINESE INVESTORS - YOU CAN NEVER STRAIGHTEN A DOG'S TAIL!

about 11 years ago

China announced its Q3 GDP data yesterday and this was greeted with a mixed, don't-know-exactly-how-to-react kind of reaction. Its GDP showed the slowest growth for a quarter since March 2009, yet, at 6.9% (YoY), it was much better than what majority of analysts around the world had expected.

FINALLY SOME GOOD NEWS ON IIP AND CPI FRONT!

about 11 years ago

After the depressing markets and the even more disturbing happenings in the Parliament, the CPI and IIP data which came in later in the evening were worth cheering. At last some good news! First July CPI. Food inflation came in at 2.15% v/s 5.48% (MoM) and that alone helped the overall CPI come at down at 3.78% v/s 5.4% (MoM).

RABI CROPS AND RURAL CONSUMPTION

about 14 years ago

For us city dwellers, where pulses and vegetables means going to the market and getting it, what could probably be the significance of rabi and kharif crops? Do they even mean anything to us? Well, if it does not mean much, it should! Because it is these crops which will decide all the economic data

FISCAL DEFICIT WORRISOME, GDP SAYS, “DON’T WORRY!”

about 9 years ago

There were two big macro data which came in today. One was the fiscal deficit and the other was Q2FY18 GDP. Fiscal deficit came in during market hours and it left a telling effect on the index. The Sensex plunged over 450 points today as the fiscal deficit raised its ugly head. The fiscal deficit – which is the difference between what the Govt earns and what it spends

RUPEE AT NEW LOW - BHAAG RUPEE BHAAG!

about 14 years ago

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

RBI DECIDES TO WAIT-AND-WATCH

about 13 years ago

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

NOV IIP - THANK GOD IT CAME FRIDAY EVENING!

about 13 years ago

This somehow seems to push away any hopes of recovery in the second half any time soon. At the same time, it makes one wonder whether the RBI Governor will take a respite on rate hikes once again on 28th Jan, given this shrinkage of growth. The IIP data indicates that there has been tremendous demand destruction and that means,

PATENTS - WHY SUCH LOW COUNTS FROM INDIA?

about 13 years ago

Take the case of IBM. For 21 consecutive years, IBM has owned the maximum patents in USA. As per data presented by IFI Claims Patent Services, IBM secured a staggering 6,809 patents in 2013. Samsung was at number two, owning 4,676 patents. Canon was third with 3,825 and Sony fourth with 3,098. Rounding out the top five was Microsoft with 2,660 patents. The remaining top

GROWTH SLOWS, INFLATION PICKS UP PACE

about 7 years ago

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

MAHARASHTRA KHARIF CROPS - NOT A GOOD STORY

about 12 years ago

For us city dwellers, where pulses and vegetables means going to the market and getting it, what could probably be the significance of rabi and kharif crops? Do they even mean anything to us? Well, if it does not mean much, it should! Because it is these crops which will decide all the economic data which we track sitting in the comfort of our homes/offices. And it is these crops which will decide the swing of the stock market.

CHANGE OF BASE YEAR - A GOOD MOVE!

about 12 years ago

For most of us ignoramus, the Base year in economic parlance does not mean much; or rather does not mean anything. But today, when we base all our economic data for making important investment decisions, take a calculated risk even on what the RBI could announce, this base rate holds

JUNE IIP – GST LEAVES A TELLING EFFECT

about 9 years ago

Almost like a precursor to the IIP data for June, the Economic Survey Volume II, which was tabled during the day in the Parliament today, probably for the first time, held a pessimistic view on growth forecast. It has taken into account a downward risk emerging to the earlier estimated GDP growth of 6.75% to 7.50% for FY18.

JUNE – HALF YEAR GONE OR HALF YEAR LEFT?

about 5 years ago

June holds all the promise of a Salman Khan movie though let’s hope its not a ‘Radhe’ which we get dumped with. This is going to be an action packed 15-days. There is so much macro data coming in that we will be reeling, number crunching; really, how many numbers does one small brain keep track of - the GDP, fiscal deficit, IIP, CPI, not to mention the Sensex, Nifty and stock prices and over and above all these, the corona numbers too!

FII's SHUDDH DESI ROMANCE FOR INDIA

about 12 years ago

As per data put out by SEBI, yesterday, on 8th Sept, FIIs invested Rs.327 crore in equity and Rs.2013 crore, taking the total, investment by FIIs from 1st Sept to 8th Sept at Rs.11,327 crore. As against this, for entire month of August'14, FIIs had put in Rs.17,105 crore - over 66% of entire August's money has come in first 8 trading days of Sept. That's most certainly huge!

DISMAL ECONOMIC NUMBERS BUT FOCUS COULD BE INFOSYS

about 8 years ago

The macro economic data which came in today evening was dismal. Inflation, as expected, was up and growth was down – a combination of up and down which is not much liked by the marketmen. And this economic data comes amidst a record high close of the stock markets despite trade wars gathering momentum.

THE CONSUMPTION STORY - A DISCONNECT HERE

about 8 years ago

There is a sense of disconnect between the macro economic numbers and the other high frequency data coming in. Data came in that the private final consumption expenditure for Q3FY19 saw a growth of 8.4% (YoY).

SAUBHAGYA – WILL UP PROVE TO BE THE DURBHAGYA?

about 8 years ago

The data on the dashboard of Saubhagya, the electrification scheme for all introduced by the Govt, is probably the most comprehensive, dynamic and insightful data provided ever by any Govt organization. It is impressive simply because we are not accustomed to the Govt being so proactive

WHEN WE LOSE FAITH IN GOVT DATA…..

about 8 years ago

When even the Prime Minister of India admits that he has no idea how many jobs his Govt is creating, doesn’t it point to a serious issue – data collection and reliability?

ARE FIIS BACK FOR GOOD?

about 8 years ago

After being net sellers since March’18, for the first time in five months, FIIs emerged as net buyers in July. Their net buying for the month stood at Rs.178 crore. Data available for first six days on August shows that they were sellers for two days, on RBI policy day and the next.

RELIANCE V/S AMAZON - HEADING FOR A HEAD-ON!

about 7 years ago

Data is the new oil. That’s the one big message we got from the AGM of Reliance Industries yesterday. And that could explain why the AGM was more about Jio and very little about petrochem.

IIP GROWS BY 134%!! WHAAAT!!!

about 5 years ago

And that’s how we need to look at the IIP data of today. Last April, India had the most severe lockdown on earth; thus the low base effect makes the IIP for April’21 look almost silly – the economy YoY grew by a huge 134.4% and maybe this is how the picture will look – exaggerated, also in May and June too.

RBI AND US FED TO SET THE MOOD AHEAD

about 8 years ago

It is going to be a data packed week and when it is all about data, the mood on the Street is always wait-and-watch. After the record breaking past week, today it almost looks like as though the market is taking a breather, waiting to catch its breath, with an eye on the goal post, preparing for the next lap.

IS INDIAN ECONOMY DOING WELL OR NOT?

about 8 years ago

Somehow, the stark difference in the data of what the PMI indicates and what CMIE, which does extensive research, makes one wonder about the data that we are getting. Whom do we believe? IIP also does not indicate any of this duress on the ground.

NO EDB INDEX – CAN GOVT CONCENTRATE ON US NOW?

about 6 years ago

We heaved a sigh of relief when we learnt that the WHO has decided to take a pause on the publication of the Doing Business report as a number of irregularities have been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019.

RBI SURVEY – PEOPLE TURN PESSIMISTIC

about 8 years ago

RBI did not have good news for Modi. In a survey released by RBI on 6th June, and the overall tone was “pessimistic.” As we wait for IIP and retail inflation data to be released tomorrow and the all-important Fed meet on the 13th, the findings of this survey would probably be the best thing to have a quick read about;

FACEBOOK – CLICK ON “LIKE” OR “LOG OUT?”

about 9 years ago

We Indians too have become addicts to this social media site – everything right from the time one wakes up, has breakfast, lunch, work, friends and all day-to-day inane things of life are put up for the alleged “friends” to see; but apparently, the whole world and those who want to mine this data for serving their purpose are using this information of your life. Isn’t that reason enough to be worried?

THE STORY OF INDIA’S REALTY SECTOR ….

about 7 years ago

This is the condition of one small time builder; can you imagine how many such builders would have just gone phutt in these two years? Giving statistical muscle to this is data from real estate consultancy Anarock. It has put out a report saying that builders across India are sitting on unsold inventory of 6.65 lakh units across India

AS EXPECTED – Q2FY20 GDP FALLS BELOW 5%

about 7 years ago

It was under the weight of all this data that we awaited the Q2FY20 GDP. As expected, the GDP was at 4.5%, going below the psychological 5%. Lifted by public administration and defence, the GDP was held at 4.5% or else it would have been closer to 4%.

IIP & CPI – REALITY HITS HARD

about 7 years ago

The same cheer was expected to continue as long as the IIP and CPI data came in the positive. But that did not happen. Despite onion prices coming down, prices of meat and fish going up by 10.5% led to the CPI for Jan coming in at a shocker – 7.5%, which is much more than what most had expected.

PANIC STREET – FEAR STALKS BIG TIME

about 7 years ago

The sheer speed at which the markets fell today left everyone shocked and numb. And in that light, the IIP data for January and the retail inflation for February due today evening seems so outdated. With the Covid-19 striking a fatal blow, none of this data holds any relevance....

Q1FY21 GDP – COVID KILLS GROWTH

about 6 years ago

No one is going to take these numbers too seriously as the data is not 100% given the challenges it had in collection of data on account o the lockdown and pandemic. The markets most certainly did not – it fell today not on account of the expected GDP contraction but due to re-emergence of skirmishes at the India-Chinese border and implementation of the new margin system from September. A fall in GDP was already discounted by the market thus it has moved on beyond Q1.

NOV IIP -LIGHTS OUT AFTER OCT BRIGHTNESS

about 14 years ago

If the Sept IIP data shocked us by showing a degrowth, October IIP came in at an unbelievable 8.2% and once again, November, as expected, slipped back to degrowth. Thankfully, it was as expected or else another positive IIP would have been very difficult to digest. Some things, even if bad are acceptable when expected

INFLATION - SNAKE IN THE GRASS

about 5 years ago

The puzzle here – we all are paying much more for the tomatoes and spinach that we buy, yet the macro data says that its in the negative! Surely something is amiss here. Maybe what we are paying for is the price of fuel – price of veggies might have gone down but that of transportation is what impacts us.

RBI THROWS A GOOGLY - HIKES REPO RATE BY 25 BPS

about 13 years ago

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

WHY ARE BANK DEPOSITS FALLING? RBI ANSWERS...

about 8 years ago

The monthly bulletin published by RBI is pretty telling. At a time when we are grappling with low consumption and tight liquidity, a few insights by the RBI, which are based on indepth study of macro economic data is quite illuminating.

TAX FREE BONDS - THE 'BEST' FLAVOR OF THE SEASON!

about 13 years ago

And exactly like last year, this time too, PSUs continue to take the lead in issuing tax free bonds. The 'season' was flagged off by two offers - National Highways Authority of India (NHAI) and Indian Railways Finance Corporation (IRFC). As per data put out by SEBI, public issue of NCDs and tax-free bonds, till end of Feb'14 mobilised Rs.33,842 crore - this is almost double the money collected in FY13. Tax-free bonds offered by IRFC, Power Finance Corporation (PFC) and NHAI

ONLY QUESTION ON DALAL STREET – KITNA GIRA?

about 6 years ago

And because we are now closely linked with the markets abroad, especially US, it impacts our markets – US markets fall, we get hurt. So, while we might be feeling a bit better, feeling queasy about the data yet choosing to believe that the Covid has taken a short respite in India, its not so in other parts of the world – that’s the prime reason why the global markets got antsy and fell.

THE RISING COST OF ROYALTY

about 13 years ago

As per data put out by DIPP, in FY13, almost 20% of FDI earned by India, which was at $22.4 billion, went away as royalty payment and that, in a nutshell, tells us the tale of royalty payment.

REALTY - INVASION BY 'FOREIGNERS' PUSHES UP UNREAL PRICES

about 13 years ago

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

IIP AND CPI - A PLEASANT SURPRISE ON GROWTH FRONT

about 10 years ago

The macro economic data which came in today evening were very much on expected lines, no unpleasant surprises here. Consumer Price Index (CPI) for July came in at a two-year high of 6.07% v/s 5.77% in June. And this was led by sharp price rise in food inflation, which was at 8.35% v/s 7.38% (MoM). Vegetable inflation

GDP FOR Q1FY17 - Q2 AND Q3 WILL BE BETTER

about 10 years ago

The writing of Q1FY17 GDP data was as such no expected to be anywhere near Q4FY16 GDP numbers, given the overall slowdown. But before the GDP numbers came in, the core sector data was also a pointer to the very same fact and it was data galore

INFLATION GIVES THE CREEPS

about 5 years ago

This data might seem pretty benign as of now but what we are seeing underneath these numbers is cost-push inflation taking over. Inflation is being driven by supply rather than demand. With fuel prices touching the sky and commodity prices rising all over the world, this macro number is like a multi-headed hydra, just rising northwards.

1ST ESTIMATE OF GDP - NOT THE GUIDING STAR FOR FY18 BUDGET

about 10 years ago

The GDP data which was published by the Central Statistical Organisation (CSO) on Friday was meaningless to say the least. It has considered data for the first eight months and demonetization happened in the 11th month. Thus the GDP number did not take into account the impact of something

FIIs - NOT ALL LOVE IS LOST, YET

about 15 years ago

Grapevine has it that FIIs are beating a hasty exit from India. Their love for India is all lost in the quagmire of politics, policy paralysis, inflation, falling growth rate and general apathy from all ends. Someone said that the "I" in BRIC has fallen off. Now isn't that being too dramatic? But this could have stemmed from the data put out by SEBI on 31st Dec 2011.

DEC IIP - GETTING TO THE BOTTOM OF THE PIT

about 15 years ago

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

CHINESE WHISPERS - GETTING LOUDER AND MORE ACCURATE?

about 15 years ago

How much credence does one give to the data coming from the Govt? Not just the Indian Govt departments but from Govt agencies across the world. We have an inbuilt sense of faith when the word ''Govt" comes in and somehow, mentally, we never doubt the figures

FEB IIP - THE SLOWDOWN IS MORE PRONOUNCED

about 15 years ago

Due to this change and also minor updation of data received from other source agencies, the IIP for January 2012 has been revised from 187.9 to 177.9 and, therefore, growth rate over the corresponding period of previous year has been revised from 6.8% to 1.1%. Further, cumulative index for the period April, 2011 to Jan'12 which was released as 169 has been revised to 168. Consequently, cumulative

STATE DEBTS - SORRY STATE OF AFFAIR

about 14 years ago

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

CHINA - SLOWING DOWN?

about 14 years ago

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

MARKETS FALL OFF - LACK OF NEW TRIGGERS?

about 10 years ago

As of now, for the market, there is really no major positive trigger or a horizon to look ahead to. It is just sailing and currently it is getting tossed around in the rough sea. The market was OK till morning but the slide started after noon, briskly sliding over 200 points. The reason for this sudden sell off? Blame it on the USA economy. Yesterday, the US Labor Department there released data - a third

UNANSWERED QUESTIONS AMONG UNQUESTIONED ANSWERS

about 6 years ago

The Question Hour was suspended but yet, there were so many questions asked by various ministers, specifically on the impact of Covid and yet, many had no answers simply because there was no data. In this era, where Data is the new Oil, to say that there is no data is really like being an ostrich – living with your head buried in the sand.

SHADOW BANKING - LOOMS LARGE IN MURKY LANES

about 14 years ago

The Indian banking system may not be looking particularly sunny currently but there is a shadow of this banking which is not just thriving but booming business. Yes, known as shadow banking, it is the alternative banking, used by majority of Indians. RBI data stated that assets of more than 12,600 NBFCs increased at a compound annual growth rate of 23% between 2005 and 2010, reaching $122 billion, equivalent to 11% of total bank assets.

OCT IIP AT 16TH MONTH HIGH - BLAME IT ON DIWALI!

about 14 years ago

If the Sept IIP data shocked us by showing a degrowth, this month, in October, IIP came in at an unbelievable 8.2% as against a widely expected IIP of around 4.2%. This can be clearly blamed on Diwali.

Q3FY13 - WHAT TO EXPECT?

about 14 years ago

The countdown has begun to the Q3FY13 numbers. And this time around, like in Q2, it is not Infosys, but Indusind Bank which will kick off the results for the third quarter in the big ticket category, scheduled to announce its numbers on 9th Jan'12. Infosys will declare its numbers on 11th Jan and like in Q2, IIP data i

KHARIF CROPS - WAITING FOR THE RAIN GODS

about 12 years ago

For us city dwellers, where pulses and vegetables means going to the market and getting it, what could probably be the significance of rabi and kharif crops? Do they even mean anything to us? Well, if it does not mean much, it should! Because it is these crops which will decide all the economic data which we track sitting in the comfort of our homes/offices. And it is these crops which will decide the swing of the stock market.

Will Auto Sector rev up after the Budget?

about 12 years ago

We are featuring the auto sector and auto stocks, which are likely to remain in focus over the next 12 months, based on the monthly sales data for first 10 months of FY15 (April 14 to January 15) for listed auto makers. Read our analysis for each of the categories - two wheelers, M&HCV, LCV, tractors and passenger vehicles.

Hind Zinc - Interim Dividend is on Track

about 5 years ago

A day after Board Meeting to declare interim dividend was deferred, Hind Zinc management said that there is no change to its dividend policy and it will adhere to it

Infosys nicely 'suited'

about 10 months ago

The gains came on steady volumes, even as the broader market remained largely range-bound, reflecting stock-specific sentiment rather than a sector-wide move.

AU Small Finance Bank

about 9 years ago

Verdict :Asking for gold!
Subscription Start Date :28 Jun 2017 End Date :30 Jun 2017
Issue Size : 1,913 crore, Issue Type : OFS
Price Band : Rs.355 to Rs. 358
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Overall Subscription : 53.49x
QIB : 78.77x,HNI :143.51x,Retail :3.31x,Other :1.4x
Listing Date : 10 Jul 2017, , Listing Price : 522

AND SO THE SESSION BEGINS…..

about 5 years ago

The Winter session has finally started and we hope that it does not turn into a Cold War but instead does what a Parliament is supposed to do – debate Bills. The Opposition needs to start developing more patience and stop staging walk-outs as that is neither helping the nation nor is it helping it score any brownie points with the people; they are now appearing weaker.

RBI CREDIT POLICY - EXPECT NO MORE RATE CUTS THIS YEAR

about 12 years ago

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

RBI - LOOKING AT THE SUN, WALKING FORWARD

about 5 years ago

The overall tone which came off was dovish, given the threat of Omicron and the factor of heightened uncertainty remaining a constant. Quoting Gandhiji and Mandela, the Governor sounded more anxious, saying, “Global monetary policy is reaching an inflection point, keeping financial markets edgy. India cannot be immune to global spill-overs and spread of new infections.”

IValue Info lists at discount

about 1 year ago

The stock got listed at a discount – as against the IPO price of Rs.299, it got listed on the BSE at Rs.285 and rose to Rs.289 levels; currently trading at Rs.285 levels.

HUM SAB MEIN HAIN 'HERO?'

about 5 years ago

News headlines all over the country, almost all over, carried the news about the IT raid at Hero Moto and how the team recovered a racket of bogus expenses to the tune of Rs.1000 crore. Rs.1000 crore bogus expenses? That’s unthinkable for 99% of us Indians; for many, putting in a voucher for Rs.1000 and then waiting for it to get cleared in itself is a big deal.

HDFC Life

about 9 years ago

Verdict :Priced at a premium, like everything ‘HDFC’
Subscription Start Date :07 Nov 2017 End Date :09 Nov 2017
Issue Size : 8695 crore, Issue Type : OFS
Price Band : Rs.275 to Rs. 290
--------------------------------------------------
Overall Subscription : 4.9x
QIB : 16.6x,HNI :2.29x,Retail :0.93x,Other :1.24x
Listing Date : 17 Nov 2017, , Listing Price : 310

GE T&D India gets 'electrified'

about 8 years ago

The stock market has reacted positively with the stock price going up almost 4% to Rs.304. Its 52-week high is at Rs.413.40 and low at Rs.219.

Nippon Life AMC

about 9 years ago

Verdict :A DAring Gamble?
Subscription Start Date :25 Oct 2017 End Date :27 Oct 2017
Issue Size : 1,542 crore, Issue Type : Fresh cum OFS
Price Band : Rs.247 to Rs. 252
--------------------------------------------------
Overall Subscription : 81.54x
QIB : 118.4x,HNI :209.44x,Retail :5.65x,
Listing Date : 06 Nov 2017, , Listing Price : 294

Tracxn Technologies

about 4 years ago

Stay Tracks Away!
Subscription Start Date :10 Oct 2022 End Date :12 Oct 2022
Issue Size : 309 cr, Issue Type : OFS
Price Band : Rs.75 to Rs. 80
--------------------------------------------------
Overall Subscription : 2.01x
QIB : 66x,HNI :0.8x,Retail :4.87x
Listing Date : 20 Oct 2022, , Listing Price : 83

Dinesh Engineers

about 8 years ago

Verdict :Prospective, with a catch! - IPO called-off
Subscription Start Date :28 Sep 2018 End Date :3 Oct 2018
Issue Size : 185 crore, Issue Type : Fresh
Price Band : Rs.183 to Rs. 185
--------------------------------------------------

Listing Date : 11 Oct 2018,

WATER – WILL BE WORTH MORE THAN OIL OR EVEN GOLD!

about 7 years ago

It is scary because this situation is right at your doorstep and for your children in the future, it might as well be a perennial scarcity. And you watch these politicians on TV, it looks like this water scarcity and their lives are on two different planets. There is not a single politician today who has spoken in his campaign about water scarcity and how we plan to deal with it.

Affle India

about 7 years ago

Verdict :Good company in a high growth industry
Subscription Start Date :29 Jul 2019 End Date :31 Jul 2019
Issue Size : 459 crore, Issue Type : Fresh cum OFS
Price Band : Rs.740 to Rs. 745
--------------------------------------------------
Overall Subscription : 86.49x
QIB : 55.31x,HNI :198.69x,Retail :10.96x
Listing Date : 8 Aug 2019, , Listing Price : 926

Websol is top gainer

about 7 months ago

The counter moved in the Rs. 63.20–71.39 band, with VWAP around Rs. 67.71, on volumes of about 10.91 lakh shares and turnover of roughly Rs. 7.38 crore, underscoring a sentiment-led bid as the market priced in improved medium-term

OCTOBER – HERE’S TO YOU!

about 5 years ago

Rains have all but gone and the October heat has started beating down. Even as we sweat it out, the heart has hope as winter will soon come calling. With Navratri round-the-corner, Diwali and the wedding season expected to take off, hope is high that a lot of suppressed and repressed buying since last year will be unleashed this Oct – Nov.

Bharti Airtel rings loud!

about 7 years ago

The market is happy with the performance. It closed yesterday at Rs.519.10 and today, it opened at the same level but soon hit a new 52-week high at Rs.529.10.

ICICI Pru AMC

about 10 months ago

‘Sahi’ Hain!
Subscription Start Date :12 Dec 2025 End Date :16 Dec 2025
Issue Size : Rs. 10,603 cr, Issue Type : OFS
Price Band : Rs.2061 to Rs. 2165
--------------------------------------------------
Overall Subscription : 39.17x
QIB : 123.87x,HNI :22.04x,Retail :2.53x
Listing Date : 19 Dec 2025, , Listing Price : 2600

ITIL,Vishal Bearings

about 19 years ago

Price Band : Rs. - to Rs. -
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Eclerx Srv

about 19 years ago

Price Band : Rs. - to Rs. -
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MINUTES OF APRIL POLICY – SEPARATING “NOISE” FROM THE “SIGNAL”

about 9 years ago

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

Tata Capital

about 1 year ago

Merger Spoils the Party
Subscription Start Date :6 Oct 2025 End Date :8 Oct 2025
Issue Size : Rs. 15,512 cr, Issue Type : Fresh cum OFS
Price Band : Rs.310 to Rs. 326
--------------------------------------------------
Overall Subscription : 1.95x
QIB : 3.42x,HNI :1.98x,Retail :1.1x,Other :2.92x
Listing Date : 13 Oct 2025, , Listing Price : 330

RateGain gains today

about 2 years ago

The stock opened around 1% higher today at Rs.727, rising further to Rs.734.35 and is now trading at Rs.723 levels. Its 52-week high stands at Rs.921.10

OUR “DAY ZERO” IS NOT TOO FAR AWAY

about 9 years ago

The scorching heat is upon us; May is still a month away but India is already parched. Farmers, who have spent years toiling on their fields thought they knew how to predict the monsoon but nowadays, even their experience has come to a naught. The weather bureau with all its modern gadgets gets its predictions right but neither the farmer nor the modern machines are able to explain unseasonal rains, heavy rains in places where it has always drizzled;

Jaro Institute

about 1 year ago

Profitable Ed-tech Company
Subscription Start Date :23 Sep 2025 End Date :25 Sep 2025
Issue Size : Rs. 450 cr, Issue Type : Fresh cum OFS
Price Band : Rs.846 to Rs. 890
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Overall Subscription : 22.06x
QIB : 35.35x,HNI :35.48x,Retail :8.71x
Listing Date : 30 Sep 2025, , Listing Price : 890

Moneyview

about 22 days ago

‘Money’ in View
Subscription Start Date :24 Sep 2026 End Date :28 Sep 2026
Issue Size : Rs. 1,092 cr, Issue Type : Fresh cum OFS
Price Band : Rs.32 to Rs. 34
--------------------------------------------------
Overall Subscription : 98.46x
QIB : 227x,HNI :115x,Retail :20x
Listing Date : 1 Oct 2026, , Listing Price : 55

GE T&D India at new high

about 2 years ago

The market is enthused with this development in the company and the stock price reacted accordingly; the stock price opened 2% higher today at Rs.1170 and rose further by 4.5% to hit a new 52-week high at Rs.1198.

Fusion CX

about 4 days ago

Fragile Xperience
Subscription Start Date :14 Oct 2026 End Date :16 Oct 2026
Issue Size : Rs. 702 cr, Issue Type : Fresh cum OFS
Price Band : Rs.275 to Rs. 289
--------------------------------------------------

Listing Date : 22 Oct 2026,

NET NEUTRALITY IS BACK IN NEWS!

about 9 years ago

Net Neutrality is back on the discussion menu! Two years ago, everyone was talking about it and all of a sudden it died down. Once again it is being debated ferociously and this is thanks to USA. Six days ago, USA poked a stick in this bee hive saying that it was rolling back net neutrality rules; it plans to scrap landmark 2015 rules intended to ensure a free and open internet

IValue Info

about 1 year ago

A Valuable Opportunity
Subscription Start Date :18 Sep 2025 End Date :22 Sep 2025
Issue Size : Rs. 560 cr, Issue Type : OFS
Price Band : Rs.284 to Rs. 299
--------------------------------------------------
Overall Subscription : 1.82x
QIB : 3.18x,HNI :1.26x,Retail :1.28x
Listing Date : 25 Sep 2025, , Listing Price : 285

THE ROT IS ONLY AT THE BOTTOM?

about 7 years ago

Some time ago, Nayak had filed an RTI, asking details of employees penalised in FY18 along with their designation, branch, and the nature of the penalty imposed on them. And the answers seem to have finally come.

Q1FY16 GDP - AN INDICATOR THAT GOVT BETTER BUCKLE UP, FAST

about 11 years ago

The Q1FY16 (April to June 2015) was largely expected to be around 7.5%. And it came in at 7%, down sequentially from 7.5% but up from 6.7% (YoY). Recovering to be consolidating if not gathering momentum; that was the perception but these numbers come as a disappointment. Given the lower energy, commodity prices, one would have seen discretionary production but this number shows that there has been some staggering of growth.

KFin Tech on the surge

about 2 years ago

The stock opened almost 2% higher at Rs.1072 and rose to an intraday high at Rs.1145, up more than 8.5% at Rs.1145

Orient Technologies

about 2 years ago

Attractive Pricing
Subscription Start Date :21 Aug 2024 End Date :23 Aug 2024
Issue Size : Rs. 215 cr, Issue Type : Fresh cum OFS
Price Band : Rs.195 to Rs. 206
--------------------------------------------------
Overall Subscription : 151.68x
QIB : 189.9x,HNI :300.56x,Retail :66.82x
Listing Date : 28 Aug 2024, , Listing Price : 288

ROUND FOUR – COAL, SPACE AND AVIATION GET WINGS

about 7 years ago

Today’s announcements, round four, if they had come in when the markets were open, would have sent the indices soaring. What once again felt like a Union Budget, the FM’s announcements today were for the industry. The FM ushered in structural reforms which focused on eight sectors

MISSING DIVESTMENT TARGET – KEEPING THE TRADITION ALIVE!

about 10 years ago

It’s like a track record. The Govt just cannot seem to get divestment target ever right and this is a historic occurrence; not just about this Govt or the previous. Somehow, we simply do not know to set the right number – it is always much, much more than what is actually achieved. In the 25 years of divestment, the Govt has exceeded its target only four times – 1994, 1998, 2003 and 2004.

Orient Tech lists at 41% premium

about 2 years ago

A fantastic new listing today and very much on the expected lines, given the response it had to the IPO. Despite the lacklustre market, the company got listed on the BSE at Rs.290 v/s IPO price of Rs.206

TCS – TRYING TO “TRIUMP” WITH A BUY BACK

about 10 years ago

The market was thrilled with the news that the Board of TCS is meeting on the 20th of Feb to consider buy back of shares. And the free advice being doled out by analysts is that Infosys and Wipro should also do the same.

Suprajit Eng makes news

about 5 years ago

The market does not seem to be too perturbed with this bulk deal as the stock price rose almost 4.5% to hit an intraday high at Rs.294.95. Its 52-week high is at Rs.318.45.

DHFL – WHO WILL BELL THIS RAT?

about 6 years ago

The saga of DHFL just keeps on getting more sordid; the bids have come in but instead of a happy ending, it looks like a complete tear-jerker with banks, especially SBI, which would have no more tears to shed – just a dry, hoarse cry of agony from the pit of the stomach. But the stock is among the top gainers on the BSE today since opening bell as for the punters, this is an opportunity.

FLOODS IN CHENNAI - ANOTHER WAKE UP CALL

about 11 years ago

People swimming through streets. Men and women harried due to rains, no drinking water and power. Rats scurrying away. Submerged runways at airports. Cars and other vehicles submerged. Water and water everywhere. Ola running boat services. A very telling image - a cow sitting in an ATM, away from all the devastation, ruminating on what exactly went wrong.

IIP AND CPI - BOTH ARE VA VA VOOOOOOM!

about 11 years ago

Wow! That's the first reaction when we saw the August IIP come in at 6.4% v/s 4.2% (MoM) against most expecting around 5%. This is the highest IIP since October 2012. Manufacturing sector is what led the growth and so did consumer durables which showed

Brightcom Digital

about 19 years ago

Price Band : Rs. - to Rs. -
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HFCL at 5% UC

about 5 years ago

The stock, which had closed yesterday at Rs.75.25, opened itself 5% higher today at Rs.79, hitting the UC where it now stays frozen.

Tejas Networks

about 9 years ago

Verdict :Weak Network, Avoid!
Subscription Start Date :14 Jun 2017 End Date :16 Jun 2017
Issue Size : 776 crore, Issue Type : Fresh cum OFS
Price Band : Rs.250 to Rs. 257
--------------------------------------------------
Overall Subscription : 1.88x
QIB : 2.16x,HNI :0.48x,Retail :3.1x,
Listing Date : 27 Jun 2017, , Listing Price : 257

Wipro hits a new high

about 8 years ago

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

"Porinju " stocks hit new high

about 9 years ago

Tata Coffee hit a new 52-week high today at Rs.175 and Liberty Shoes too went on to hit a new high at Rs.282. Both the stocks have moved high, thanks to one person – Porinju Veliyath,

AS A RETAIL INVESTOR - FOLLOW FIIs OR SCOOT?

about 13 years ago

The incessant run up of the market, celebration of the BSE crossing 21,000 and hitting a new high at 21,293; the postponement of QE tapering, the euphoria of the FIIs - all these factors are directly opposite of what the economy is going through. (We all know the economic woes, so no need to get into the gritty and depressing details again) So in today's time when all things are changing, right from the

NIIT Tech 'fly' high

about 11 years ago

NIIT Tech has hit a new 52-week high today at Rs.593.20; it had hit the previous high at Rs.586 on 20th Oct, post its Q2 results. Its life-time high stands at Rs.638. The stock has hit a new 52-week high, reacting to the news it published yesterday – it has signed a long term strategic ...

KHARIF CROPS AND RURAL CONSUMPTION

about 13 years ago

Kharif crops are sown during April-July, and harvested by October, with the most important Kharif crop being paddy. On the other hand, Rabi or winter crops, are sown between October to February and harvested by June. And the most important rabi crop is wheat.

WHICH ARE THE BEST BANKING STOCKS?

about 14 years ago

Almost all the banks that matter have declared their Q4 and FY13 numbers with the largest, State Bank of India declaring its numbers yesterday. And based on their performance for FY13, let us have a look at the comparative analysis of how these banks pan out.

Wipro in the green

about 13 years ago

After the weak few days due to the stronger rupee, Wipro is up in the green today. The stock, which had closed yesterday at Rs.481.50, opened higher at Rs.486, going on to hit an intra day high at Rs.496.40. It currently remains at Rs.493 levels, up almost 2.5%. The stock is up after the com ...

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

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

ABB tanks on Q1 numbers

about 14 years ago

ABB is currently the top loser on the BSE, down over 2.5% at Rs.522.50 and this is a recovery from the intra day low of Rs.514.80. The company’s 52-week low stands at Rs.469. The stock is down in the red on account of the disappointing numbers for first quarter ended 31st March 2013. T ...

DROUGHT - A BIGGER ISSUE THAN TEAM ANNA OR ECB OR US FED

about 14 years ago

When you watch the TV or read the newspapers - did you anywhere, even remotely get the feeling that India, which is primarily an agrarian country, is staring hard into the face of a drought? Do we know the impact of the word 'drought'?

Alankit in the limelight

about 10 years ago

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

PLEDGED SHARES PUMMEL MARKET AGAIN

about 14 years ago

Take a look at the stocks which figure out in the big losers of the day - Tulip Tele, Era Infra, Goldyne Tech, Parsvnath Devlopers, Radico Khaitan, Pipavav Defence, SRS, Nitin Fire, Pradip Overseas. And all these stocks have one thing in common - promoters have pledged large chunks of their stake.

Annual Report

about 8 years ago

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

WHICH ARE THE BEST BANKING STOCKS?

about 14 years ago

Almost all the banks that matter have declared their Q2 numbers with the largest, State Bank of India declaring its numbers today. And based on these numbers, let us have a look at a comparative analysis of how these banks pan out.