#ChoiceBroking #Financial Tips Morning Tea #NATCOPHARMA #Buy in the range of 544-547 for the #Target of 558 with the #SL of 538 #INFY #Buy in the range of 1063-1070 for the #Target of 1092 with the #SL of 1052
- DHFL reported a 29% rise in Q2 net profit to Rs 232.61 crore compared to the same period last year. Revenue increased 19.65% to Rs 2,167.72 crore.
- The technical outlook suggests buying DHFL in the range of 306-308 with a target of 315 and stop loss of 302.50.
- Reliance Jio accused Vodafone and Idea of violating regulations by not providing adequate points of interconnection, resulting in high call failure rates.
- The technical outlook suggests selling Idea in the range of 72-73 with a target of 68.50 and stop loss of 75.35.
Gayatri Projects reported a 50.9% rise in net profit to Rs. 16.14 crore for the first quarter ended June 30, 2016 compared to the same period last year. Total income from operations increased 6.75% to Rs. 432.44 crore. Other income rose 90.25% to Rs. 7.42 crore.
Tata Motors reported a 57% fall in April-June quarter profit to Rs. 2,260.4 crore due to adverse foreign exchange impact on its British arm JLR from Brexit.
Most Asian markets slipped while the US dollar held firm after Yellen indicated a US interest rate hike remains possible this year. The Indian market is expected
Induslnd Bank will use IBM's cloud commerce solutions to transform customer engagements and enhance its cross-sell platforms. As part of a three-year agreement, IBM will provide a cloud and predictive analytics solution to help Induslnd Bank strengthen its online banking and improve customer product holdings. PowerGrid is seeking shareholder approval to raise up to Rs. 14,000 crores through bond issuances from domestic and external sources in 2017-18 to fund its operations. Asian stocks slipped following a drop on Wall Street as investors await Janet Yellen's speech on Friday for clues on the direction of US monetary policy.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Minda-Corporation-Ltd-14978 for more
Reliance Communications sold 51% of its telecom tower business to Brookfield Infrastructure for Rs 11,000 crore. The proceeds will be used to pay down debt. RCom will retain 49% stake and expects the value to increase as tower tenancies grow. The stock is recommended as a buy based on technical analysis showing support at Rs 46 and an upward trend. Life Insurance Corporation reduced its stake in Raymond by 2.01% by selling shares, bringing its holding down to 5.53%. The stock is recommended as a sell based on decreasing volume and a spinning top candlestick indicating weakness. Asian shares dipped after comments from Janet Yellen boosted US bond yields, while Chinese inflation data is expected this week.
#ChoiceBroking #Financial Tips Morning Tea #NATCOPHARMA #Buy in the range of 544-547 for the #Target of 558 with the #SL of 538 #INFY #Buy in the range of 1063-1070 for the #Target of 1092 with the #SL of 1052
- DHFL reported a 29% rise in Q2 net profit to Rs 232.61 crore compared to the same period last year. Revenue increased 19.65% to Rs 2,167.72 crore.
- The technical outlook suggests buying DHFL in the range of 306-308 with a target of 315 and stop loss of 302.50.
- Reliance Jio accused Vodafone and Idea of violating regulations by not providing adequate points of interconnection, resulting in high call failure rates.
- The technical outlook suggests selling Idea in the range of 72-73 with a target of 68.50 and stop loss of 75.35.
Gayatri Projects reported a 50.9% rise in net profit to Rs. 16.14 crore for the first quarter ended June 30, 2016 compared to the same period last year. Total income from operations increased 6.75% to Rs. 432.44 crore. Other income rose 90.25% to Rs. 7.42 crore.
Tata Motors reported a 57% fall in April-June quarter profit to Rs. 2,260.4 crore due to adverse foreign exchange impact on its British arm JLR from Brexit.
Most Asian markets slipped while the US dollar held firm after Yellen indicated a US interest rate hike remains possible this year. The Indian market is expected
Induslnd Bank will use IBM's cloud commerce solutions to transform customer engagements and enhance its cross-sell platforms. As part of a three-year agreement, IBM will provide a cloud and predictive analytics solution to help Induslnd Bank strengthen its online banking and improve customer product holdings. PowerGrid is seeking shareholder approval to raise up to Rs. 14,000 crores through bond issuances from domestic and external sources in 2017-18 to fund its operations. Asian stocks slipped following a drop on Wall Street as investors await Janet Yellen's speech on Friday for clues on the direction of US monetary policy.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Minda-Corporation-Ltd-14978 for more
Reliance Communications sold 51% of its telecom tower business to Brookfield Infrastructure for Rs 11,000 crore. The proceeds will be used to pay down debt. RCom will retain 49% stake and expects the value to increase as tower tenancies grow. The stock is recommended as a buy based on technical analysis showing support at Rs 46 and an upward trend. Life Insurance Corporation reduced its stake in Raymond by 2.01% by selling shares, bringing its holding down to 5.53%. The stock is recommended as a sell based on decreasing volume and a spinning top candlestick indicating weakness. Asian shares dipped after comments from Janet Yellen boosted US bond yields, while Chinese inflation data is expected this week.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/PPAP-Automotive-Ltd-23818 for more
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/SBI-Life-Insurance-Company-Ltd-22045 for more
Idea Cellular added 33.75 lakh new mobile subscribers in November, bringing its total subscriber count to 17.06 crore. The document recommends buying Idea Cellular shares between Rs. 136.50-138, targeting Rs. 141 with a stop loss of Rs. 135. It also recommends buying Adani Power shares between Rs. 30-30.70, targeting Rs. 31.70 with a stop loss of Rs. 29.50. The document provides daily technical analysis on stocks and updates on corporate actions and result calendars.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/I-G-Petrochemicals-Ltd-2202 for more
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/PPAP-Automotive-Ltd-23818 for more
The document provides a technical analysis and recommendation to sell ACC futures at 1422 with a stop loss of 1447 and target of 1370. Key points from the analysis include that the stock has faced resistance at the 50% retracement level and 21 day moving average. The RSI momentum oscillator has also fallen below its average line, indicating a potential further decline in the stock price to 1370.
Reliance Capital aims to more than double its customer base to 50 million over the next 3-5 years. The company currently has a customer base of 20 million across insurance, mutual funds, brokerage and other financial services. In Q1 FY2015-16, Reliance Capital reported total income of Rs. 9,998 crore, up 12% year-over-year, while net profit stood at Rs. 1,101 crore, up 10% year-over-year. Technical indicators show the stock is in an uptrend and analysts recommend buying the stock between Rs. 542-545 for a target of Rs. 555 with a stop loss of Rs. 537.
Godrej Agrovet is the pick of the week stock recommendation. The stock is recommended as a buy with a target price of Rs. 671, representing potential upside of 15% from the CMP of Rs. 584. Godrej Agrovet is a leader in the animal feed and agri-inputs sectors with strong growth potential across all of its business segments. It has a history of strong financial performance with over 40% PAT CAGR over the past 7 years and RoCE of around 20%. The recommendation is based on Godrej Agrovet's focus on driving growth in its agri-inputs and dairy businesses through new product launches and acquisitions.
- Local search engine Just Dial received in-principle approval from RBI to launch a prepaid wallet, allowing it to provide payment solutions to users as part of its transaction services. Just Dial needs to submit additional reports to RBI by March 5, 2017 for final authorization.
- Technical analysis indicates Just Dial stock has formed a hammer candlestick pattern near the bottom, suggesting a trend reversal. The stock is recommended as a buy between Rs. 497-500 with a target price of Rs. 510 and stop loss of Rs. 492.
- Jindal Steel reported a widening of consolidated net loss for the April-June quarter compared to the same period last year, while net sales also
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Minda-Corporation-Ltd-14978 for more
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Tata-Motors-Ltd-560 for more
The document provides the following information:
1) CRISIL has upgraded the credit ratings of Bajaj Finance's bank facilities from 'AA+/positive' to 'AAA/stable' outlook. Short term ratings remain unchanged at 'A1+' and 'FAAA/Stable'.
2) Creditors of Bhushan Steel have decided to restructure the company's Rs. 45,000 crore loans under RBI's new restructuring norms. SBI and PNB will lead the loan restructuring.
3) Asian shares dipped ahead of the US jobs report but major US stock indexes closed little changed as declining names outweighed advancers ahead of the jobs data release.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Minda-Industries-Ltd-12295 for more
Jindal Steel & Power has sold its 24MW wind power business in Maharashtra for approximately Rs. 20.86 crore. This sale represents about 0.14% of Jindal Steel's standalone turnover from last fiscal year. The net worth of the business was approximately Rs. 112 crore or 0.98% of Jindal Steel's standalone net worth for the same period.
Shilpa Medicare received US FDA approval to sell its Azacitidine injection in the US. The drug is used to treat myelodysplastic syndrome.
Asian shares were mixed in early trading as investors weighed the potential for a Deutsche Bank settlement and a US interest rate hike against Japanese stock gains.
Glenmark Pharmaceuticals has entered into an agreement with Particle Sciences to develop and market a generic version of Celgene's ABRAXANE for breast and lung cancers. Particle Sciences will develop this product exclusively for Glenmark and receive milestone payments and royalties. Lloyd Electric has been awarded an 11-year contract by GE Transportation to supply air conditioning units for Indian Railways locomotives. Asian shares edged lower as investors awaited policy decisions from the Federal Reserve and Bank of Japan.
LICHSGFIN- Buy in the range of 477-480 for the Target of 490 with the SL of 472 INDUSINDBK- Buy in the range of 928-933 for the Target of 952 with the SL of 918
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Godrej-Agrovet-Ltd-16166 for more
Ultratech Cement is in discussions with Jaiprakash Associates to acquire its 2.2 million tonne Bhilai cement unit in Chhattisgarh. Both companies have approached SAIL, which owns a 26% stake in the facility, for approval of the deal. In 2014, UltraTech Cement had acquired two cement units and power plants from Jaiprakash Associates in Madhya Pradesh for Rs. 5,400 crore. IRB Infrastructure will hand over two toll road projects to the state government upon completion of their concession periods. The company received communication that the Maharashtra government is considering buying back its Kolhapur Integrated Road Development Project.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/PPAP-Automotive-Ltd-23818 for more
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/SBI-Life-Insurance-Company-Ltd-22045 for more
Idea Cellular added 33.75 lakh new mobile subscribers in November, bringing its total subscriber count to 17.06 crore. The document recommends buying Idea Cellular shares between Rs. 136.50-138, targeting Rs. 141 with a stop loss of Rs. 135. It also recommends buying Adani Power shares between Rs. 30-30.70, targeting Rs. 31.70 with a stop loss of Rs. 29.50. The document provides daily technical analysis on stocks and updates on corporate actions and result calendars.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/I-G-Petrochemicals-Ltd-2202 for more
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/PPAP-Automotive-Ltd-23818 for more
The document provides a technical analysis and recommendation to sell ACC futures at 1422 with a stop loss of 1447 and target of 1370. Key points from the analysis include that the stock has faced resistance at the 50% retracement level and 21 day moving average. The RSI momentum oscillator has also fallen below its average line, indicating a potential further decline in the stock price to 1370.
Reliance Capital aims to more than double its customer base to 50 million over the next 3-5 years. The company currently has a customer base of 20 million across insurance, mutual funds, brokerage and other financial services. In Q1 FY2015-16, Reliance Capital reported total income of Rs. 9,998 crore, up 12% year-over-year, while net profit stood at Rs. 1,101 crore, up 10% year-over-year. Technical indicators show the stock is in an uptrend and analysts recommend buying the stock between Rs. 542-545 for a target of Rs. 555 with a stop loss of Rs. 537.
Godrej Agrovet is the pick of the week stock recommendation. The stock is recommended as a buy with a target price of Rs. 671, representing potential upside of 15% from the CMP of Rs. 584. Godrej Agrovet is a leader in the animal feed and agri-inputs sectors with strong growth potential across all of its business segments. It has a history of strong financial performance with over 40% PAT CAGR over the past 7 years and RoCE of around 20%. The recommendation is based on Godrej Agrovet's focus on driving growth in its agri-inputs and dairy businesses through new product launches and acquisitions.
- Local search engine Just Dial received in-principle approval from RBI to launch a prepaid wallet, allowing it to provide payment solutions to users as part of its transaction services. Just Dial needs to submit additional reports to RBI by March 5, 2017 for final authorization.
- Technical analysis indicates Just Dial stock has formed a hammer candlestick pattern near the bottom, suggesting a trend reversal. The stock is recommended as a buy between Rs. 497-500 with a target price of Rs. 510 and stop loss of Rs. 492.
- Jindal Steel reported a widening of consolidated net loss for the April-June quarter compared to the same period last year, while net sales also
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Minda-Corporation-Ltd-14978 for more
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Tata-Motors-Ltd-560 for more
The document provides the following information:
1) CRISIL has upgraded the credit ratings of Bajaj Finance's bank facilities from 'AA+/positive' to 'AAA/stable' outlook. Short term ratings remain unchanged at 'A1+' and 'FAAA/Stable'.
2) Creditors of Bhushan Steel have decided to restructure the company's Rs. 45,000 crore loans under RBI's new restructuring norms. SBI and PNB will lead the loan restructuring.
3) Asian shares dipped ahead of the US jobs report but major US stock indexes closed little changed as declining names outweighed advancers ahead of the jobs data release.
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Minda-Industries-Ltd-12295 for more
Jindal Steel & Power has sold its 24MW wind power business in Maharashtra for approximately Rs. 20.86 crore. This sale represents about 0.14% of Jindal Steel's standalone turnover from last fiscal year. The net worth of the business was approximately Rs. 112 crore or 0.98% of Jindal Steel's standalone net worth for the same period.
Shilpa Medicare received US FDA approval to sell its Azacitidine injection in the US. The drug is used to treat myelodysplastic syndrome.
Asian shares were mixed in early trading as investors weighed the potential for a Deutsche Bank settlement and a US interest rate hike against Japanese stock gains.
Glenmark Pharmaceuticals has entered into an agreement with Particle Sciences to develop and market a generic version of Celgene's ABRAXANE for breast and lung cancers. Particle Sciences will develop this product exclusively for Glenmark and receive milestone payments and royalties. Lloyd Electric has been awarded an 11-year contract by GE Transportation to supply air conditioning units for Indian Railways locomotives. Asian shares edged lower as investors awaited policy decisions from the Federal Reserve and Bank of Japan.
LICHSGFIN- Buy in the range of 477-480 for the Target of 490 with the SL of 472 INDUSINDBK- Buy in the range of 928-933 for the Target of 952 with the SL of 918
A thorough analysis of company , industry and economy goes behind our stock ideas for you. With these picks, you may earn superior returns over a medium to long term period. Visit https://simplehai.axisdirect.in/share-stock-prices/nse/Godrej-Agrovet-Ltd-16166 for more
Ultratech Cement is in discussions with Jaiprakash Associates to acquire its 2.2 million tonne Bhilai cement unit in Chhattisgarh. Both companies have approached SAIL, which owns a 26% stake in the facility, for approval of the deal. In 2014, UltraTech Cement had acquired two cement units and power plants from Jaiprakash Associates in Madhya Pradesh for Rs. 5,400 crore. IRB Infrastructure will hand over two toll road projects to the state government upon completion of their concession periods. The company received communication that the Maharashtra government is considering buying back its Kolhapur Integrated Road Development Project.
Aurobindo Pharma received final approval from the US FDA to manufacture and market generic versions of Abilify tablets in various strengths. The approved product has an estimated US market size of $7.3 billion. Tata Motors' subsidiary Jaguar Land Rover will invest $2 billion in the first phase to set up a new manufacturing plant in Slovakia and expects to start production by 2018. Asian stocks advanced on Monday tracking a stronger lead from Wall Street on Friday, while markets in Japan were closed for a holiday.
Drugmaker Suven Life Sciences Ltd secured four product patents from Eurasia, Europe, Israel and Macau for its New Chemical Entities. These patents, valid through 2030, cover selective 5-HT compounds being developed to treat cognitive disorders like Alzheimer's, ADHD, Huntington's and Parkinson's diseases. Suven CEO said they are pleased to receive these patents for molecules in the CNS area with high unmet medical need and market potential globally. Oil prices extended their decline on worries over global oversupply and slowing demand growth. Asian markets opened lower on Monday following a slump in US stocks on Friday due to concerns over declining oil prices and China's yuan. Indian shares may open weak, tracking Asian peers and ahead of
Cipla has acquired exclusive rights to market skin care products of Percos India worth an estimated Rs 90 crore. The deal includes fast growing brands like Vedaderm, Claz, Actipeel, Tryses and Glycoveda with collective sales of around Rs 10 crore. Technical analysis indicates Cipla stock is in a rising channel and signals to buy in the range of 652-656 levels. HCL Technologies has partnered with Manchester United to explore digital initiatives and create a fan experience lab at Old Trafford stadium. Technical analysis shows HCL stock is in an uptrend and signals to buy in the range of 957-961 levels. US stocks ended mixed as investors awaited a
IDFC received RBI approval to utilize Rs 2,500 crore in non-distributable reserves for provisions against bad loans as it transitions to universal banking. This will result in an additional Rs 1,600 crore provision this fiscal and reduce its net worth. REC received shareholder approval to raise up to Rs 42,000 crore through bond issuances over the next year. Technical indicators suggest buying IDFC between Rs 137.50-139 and REC between Rs 272-274. US stocks ended higher on Monday with gains in Apple and financials, though biotech shares fell on price control concerns. Asian markets were up around 0.5% while Japan was closed for a holiday.
KNR Constructions Limited is an infrastructure company focused on road construction. The stock price has fallen recently but technical indicators suggest it has completed its downward move and may begin an upward trend. Fundamentals also appear positive, with a large order backlog providing earnings visibility and healthy margins. The stock currently trades at a discount to peers and offers upside potential of 25% over the next 6 months based on technical and fundamental factors.
1) India's industrial production grew by 6.4% in August 2015, the fastest pace in nearly three years, driven by strong growth in the manufacturing and mining sectors.
2) Fifteen of twenty-two manufacturing industry groups showed positive growth in August, with capital goods output growing 21.8%, indicating rising investment. Consumer durable output expanded 17%.
3) For the first five months of the current fiscal year, manufacturing grew 4.6% compared to 2% in the year-ago period, showing improved demand as inflation has eased. Overall industrial growth was forecast to continue benefiting from lower oil prices and interest rates.
The Reserve Bank of India increased the limit of foreign institutional investment in Info Edge (India) to 50% of its paid-up capital from the previous limit of 40%. Info Edge owns the leading job portal naukri.com. The Cabinet approved auctioning 69 small and marginal oilfields of ONGC and Oil India to private and foreign firms. Technical analysis indicates buying Info Edge between 752-757 and ONGC between 452-455 based on chart patterns and momentum indicators.
In the last month, crude oil prices gained over 11% on Nymex and over 13% on Brent due to estimates of production freezes by OPEC in September and rising demand from countries like India, China, and Russia. However, further upside is capped by slowing global economic growth forecasts. Natural gas production is expected to rise marginally due to low prices and declining rig activity, while demand is forecast to increase from the power sector. For both commodities, prices are expected to trade in defined ranges over the coming month.
Glenmark Pharmaceuticals is seeking shareholder approval to raise up to $500 million through the issue of securities in domestic and international markets. The funds will be used to expand marketing networks domestically and overseas, set up manufacturing infrastructure, focus on research and development, and introduce new products. Technically, the stock has closed above a bullish reversal pattern and is trading above its 21-day moving average, indicating an upward trend. The recommendation is to buy the stock in the range of 929-934 for a target price of 953 with a stop loss of 919.
ITC will invest Rs 4,000 crore over the next 2-3 years to set up 8-9 new food processing factories across India. ITC's food business grew 11% last year and is the company's second largest segment after cigarettes. The company is looking to tap growing demand from health conscious consumers by expanding its new biscuit line. Separately, DLF's promoters will inject Rs 10,000 crore into the real estate developer by selling their stake in DLF's rental business for Rs 12,000-13,000 crore and using the funds to repay debt.
The document provides a technical analysis of EIDPARRY stock and recommends it as a buy. It notes that the stock has been in an upward trend, closing above its 50-day moving average. A recent breakout above resistance with high volume signals further upside potential. Momentum indicators also show positive momentum. Based on this technical structure, an upside movement in the stock is expected over the next few trading sessions.
- Canara Bank has been appointed by the Ministry of Human Resources Development, Government of India to establish the Higher Education Financing Agency to provide financing for infrastructure development in top higher education institutions.
- The technical outlook suggests buying Canara Bank between 333-335 price range with a target price of 342 and stop loss of 330.
- Power Grid Corporation of India's subsidiary has successfully completed its Unchahar-Fatehpur transmission project and declared commercial operation from October 1st, 2016.
- Havells India reported a 22% rise in net profit for the second quarter ended September 30, 2016 to Rs. 145.79 crore compared to Rs. 119.53 crore during the same period last year. Total income grew 9.8% to Rs. 1,584.63 crore.
- Marksans Pharma received US FDA approval for Paricalcitol capsules used to treat hyperparathyroidism.
- Asian shares edged up after Wall Street gained on encouraging corporate earnings and optimism about upcoming Chinese economic data. The Indian market is expected to open gap up tracking Asian indices.
The document analyzes a stock that has fallen 65% from its all-time high due to sluggishness in the metal sector and slowing global economy. The stock price has stabilized at a key technical support level after consolidating for 4 months. Technical indicators like the RSI signal a potential reversal. The analyst recommends buying the stock at the current price level up to 485 with a stop loss of 455 and target of 600 based on the technical analysis and given setup.
Aban Offshore has received a letter of award from ONGC for deployment of a jack-up rig for 3 years worth approximately $50 million. The contract is expected to start in Q1 2016.
Cadila Healthcare shares fell over 2% on concerns about clearance of its Moraiya facility in Gujarat by the end of the fiscal year based on a Credit Suisse downgrade and pricing impact.
US indexes finished mixed with the Dow and S&P 500 down slightly while the Nasdaq was up as traders await the Federal Reserve meeting starting Tuesday for clues on interest rates. Asian markets opened cautiously tracking Wall Street and weaker commodity prices.
#ChoiceBroking #MorningTea : Asian markets advanced Friday as markets awaited key US jobs data, which will offer a key indicator of whether the Federal Reserve will pull the trigger in June.
The document discusses Mahindra & Mahindra unveiling a new compact SUV called KUV100 powered by a new engine family called mFALCON. It provides technical analysis on M&M stock recommending buying in the range of 1239-1245 with a target of 1270. It also discusses Container Corporation of India board approving new logistics parks with costs of Rs. 174 crore and Rs. 346 crore respectively and provides a technical analysis on CONCOR stock recommending buying in the range of 1305-1312 with a target of 1330. The rest of the document covers various news items, corporate actions, result calendar and disclaimers.
The document discusses Indian Oil Corporation's (IOCL) board approval for expansion projects at its Barauni and Panipat refineries costing over Rs. 1,500 crore. It also provides a technical analysis for IOCL, recommending buying between Rs. 580-583 for a target of Rs. 595. A technical analysis is also given for HCL Technologies, recommending buying between Rs. 795-800 for a target of Rs. 816. Asian markets are cautiously higher to start the new quarter while the Indian market is expected to open flat to positive.
- State Bank of India has signed an agreement with the Assam government to implement an online treasury payment solution called CMP. This will allow government officers to digitally upload and authorize bills for payment, which will then be credited to payee accounts instantly by SBI.
- Godrej Agrovet has increased its stake in dairy company Creamline Dairy Products to 51% with an additional acquisition of 25% stake for Rs. 150 crore.
- Wall Street rallied for the third consecutive session led by gains in energy stocks as oil prices rebounded.
The document provides a technical analysis of RAMCOCEM stock. It recommends buying the stock in cash at 538 based on the following: 1) The stock has been trading above its 200-day moving average and broke out of a saucer pattern on daily and hourly charts; 2) On weekly charts, the stock is taking support at 50 SMA at 509 and has been trading between 509-580 for the past four weeks; 3) Momentum indicators show positive momentum. Based on this technical structure, an upside in the stock is expected in the next few trading sessions.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Who Is the Largest Producer of Soybean in India Now.pdf
Choice - Morning Tea
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Global View
India Update
Today’s Event/ Stock in News
KarnatakaBank,apremierprivatesectorBankhaslaunched‘GroupPersonalAccidentInsuranceScheme’named‘KBLSuraksha’inassociationwith
UniversalSompoGeneralInsuranceCompany.AsasteptowardsprovidingfinancialsecuritytothefamilymembersofSavingsBank(SB)customers,
the bank has launched this Group Personal Accident Insurance Scheme which provides insurance cover for accidental death. All the bank’s SB
accountcustomersbetweentheagegroupof18to70yearscansubscribetothisschemebypayinganominalannualpremiumofRs100forRs10
lakh& Rs50 for Rs5 lakh coverage andthepolicycanbe renewedup to the age limitof75 years.Provision isalso made available forautorenewal
ofthepolicywithappropriatestandinginstruction.Further,privilegedSBaccountholders(SB-Platinum,SBMoneyRubyetc.,)willgetthisinsurance
coveragefreeofcost.Theclaimproceduresarealsosimplified.
Technical Outlook : On daily chart, stock has given positive breakout of its trading range in which it had been trading for four days.
Moreover, stock has also managed to sustain above its 21 Day Moving Average which is placed at 122.35 level, which shows that near to
shorttermtrendisup.AmomentumindicatorRSIreadingisat53.85levelwithpositivecrossover,whichpointoutforpositivebreathinthe
stock.Sofortradingperspective,onecouldBuyintherangeof122-124fortheTargetof127withtheSLof120.50
KTKBANK
PFS
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Morning Tea
29th Dec 2015
Buy in the range of 40-41 for the Target of 43.50 with the SL of 38.80
Buy in the range of 122-124 for the Target of 127with the SL of 120.50
PTC IndiaFinancialServices (PFS),aleadingInfrastructure Financecompany,hassaidthatithassanctionedloansaggregating toaboutRs 825 crore
for providing financial assistance to power / infrastructure sector in India. “With the focus to increase its loan portfolio in clean energy projects in
India, the company's board sanctioned loans in its meeting held on 26th December 2015,” the company informed in a filing to the Bombay Stock
Exchange. The fresh round of loan approvals will help company further expand into renewable energy projects. The cumulative loan assistance
sanctionedduringthecurrentfinancialyearhasreachedaboutRs4,330croreasagainstRs3,562croreduringcomparativeperiodofpreviousyear
i.e. April 2014 to December 2014. The projects assisted include an annuity based road project as per strategy of PFS for calibrated diversification.
PFS is a non-banking finance company promoted by PTC India. PFS has been granted the status of an Infrastructure Finance Company(IFC) by the
ReserveBankofIndia.
Technical Outlook : On daily chart, stock has given positive breakout of its trading range in which it had been trading for eleven trading days.
Moreover, stockhasalsomanaged tosustainabove its21 DayMovingAverage whichisplaced at39.35 level, whichshows thatneartoshort term
trend is up. A momentum indicator RSI reading is at 53.47 level with positive crossover, which point out for positive breath in the stock. So for
tradingperspective,onecouldBuyintherangeof40-41fortheTargetof43.50 withtheSLof38.80
Wall Street fellonMonday, hurt by asteepdrop inoil pricesas well as a dipin Appleshares, pushingthe S&P 500 back into negative
territory for 2015. The S&P 500 energy sector lost 1.79 percent, easily the poorest performer as a 3 percent drop in oil prices led
investors to unload shares of Exxon Mobil, down 0.73 percent, and Chevron, which fell 1.84 percent. US stock indexes have closely
trackedcrudepricesinthepastseveralweeks.Asianequitiestradedmixedontheseconddayinthefinalweekoftradingfor2015.
The Nifty is likely to open in the green today with indicator SGX Nifty trading at 7922, up 24 points at 7:40. In a solid start to this
week, the Sensex on Monday inched back above the 26,000 mark, while the Nifty reconquered 7,900. Asian equities traded mixed
earlytodaywithNikkeicorrecting0.5percent fromtheday’shightotradeflattish.TheKospisees followthroughselling.Straitsisthe
onlypositiveindex.
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Bulk Deal
Corporate Action / Result Calendar
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Morning Tea
Corporate Action:
Result Calendar:
29th Dec 2015
Security in Ban
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Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 28/12/2015 539351 PRABHAT RELIANCE CAPITAL LTD B 1950000 151.17
2 28/12/2015 539351 PRABHAT PAYONE ENTERPRISES PRIVATE LIMITED S 1950000 151.17
3 28/12/2015 511523 VEERHEALTH NISHIL SURENDRABHAI MARFATIA B 1135000 3.34
4 28/12/2015 511523 VEERHEALTH PARESH RAMJIBHAI CHAUHAN B 1005000 3.34
5 28/12/2015 511523 VEERHEALTH VISHWAMURTE TRAD INVEST PE LTD S 900000 3.34
6 28/12/2015 513121 ORICON CLEARWATER CAPITAL PARTNERS SINGAPORE S 879643 56.04
7 28/12/2015 511523 VEERHEALTH SHREE BHUVANAKARAMTRADINVEST PVT LTD S 832491 3.34
8 28/12/2015 532163 SAREGAMA PAYONE ENTERPRISES PRIVATE LIMITED S 799877 364.23
9 28/12/2015 532163 SAREGAMA RELIANCE CAPITAL LTD B 765000 364.00
10 28/12/2015 514165 INDIANACRY DHEERAJ GARG B 719054 9.45
DLF, INDIACEM, JINDALSTEL, JISLJALEQS, JPASSOCIATE, KSCL, UNITECH & WOCKPHARMA
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Research Team
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Amit Pathania Research Associate
Vikas Chaudhari Research Associate
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Satish Kumar Research Associate
Morning Tea
29th Dec 2015
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