- Mahindra Aerostructures Ltd has been awarded a contract by Airbus Helicopters to produce airframe parts for the AS565 MBe Panther military helicopter at its facility in Bengaluru, India. The parts will be shipped to Airbus' production line in France for assembly.
- In 2015, Airbus and Mahindra's defense division had announced plans to form a joint venture to target India's military helicopter programs.
- Cadila Healthcare Ltd announced that its US subsidiary Zydus Pharmaceuticals will begin informing customers on July 13, 2016 that it will launch an authorized generic version of Asacol HD in the United States starting August 1, 2016.
- The benchmark S&P
Siemens Ltd in India won an order worth Rs 113 crore from Power Grid Company of Bangladesh to design, supply, install and commission 230/132kV GIS substations along with transformers. Technical analysis indicates Siemens stock is in an uptrend, and recommends buying in the range of 1248-1256 with a target price of 1282. Bharat Forge's joint venture ABFPPL signed a $219 million contract with NTPC to supply steam turbine generator islands, and technical analysis recommends buying Bharat Forge in the range of 760-765 with a target of 780. US markets ended higher on gains in materials and industrial stocks, and weaker dollar. Asian markets opened
The document provides an overview of events related to two Indian companies - Indian Oil Corp (IOC) and Glenmark Pharmaceuticals. It summarizes that IOC reported a minor fire at its Koyali refinery during maintenance work that injured 5 employees, and the refinery unit will be shut for around 25 days. It also provides technical analysis on both stocks, recommending a short position in IOC and a buy position in Glenmark.
#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.
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.
BHEL has commissioned the second 195 MW unit at the Muzaffarpur Thermal Power Station in Bihar, which is jointly owned by NTPC and BSPGCL. The first 195 MW unit was commissioned in March 2015. BHEL has over 80% market share in equipment supplied to NTPC and its joint ventures. The document also provides a technical analysis of BHEL stock, recommending buying within the range of 121-122 with a target price of 126 and stop loss of 119. It further discusses the approval of two FDI proposals amounting to Rs 2.19 crore by the Indian government.
Pidilite Industries Ltd acquired 100% stake in Nebula East Africa Pvt Ltd, a Kenyan company. Technical analysis recommends buying Pidilite between 695-699 for a target of 713. IOC is likely to take a 37.5% stake in a joint venture to manage airport fuel facilities in India. Global markets turned positive after falling on uncertainty over the upcoming Brexit referendum, while the Indian market is also likely to see buying.
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.
ChoiceBroking- Pick of the week: BATAINDIA Ltd.choice broking
Bata India Limited is an India-based company that manufactures and retails footwear and accessories for women, men, and kids. It offers various categories of shoes and accessories. The company received several awards and recognition in recent years for being a trusted brand and large format multi brand footwear retailer. A technical analysis of Bata India's stock performance indicates the stock has completed a bullish pattern and could reach Rs. 580 in the coming trading sessions based on support levels and momentum indicators. The report recommends buying the stock up to Rs. 480 with a stop loss of Rs. 455.
Siemens Ltd in India won an order worth Rs 113 crore from Power Grid Company of Bangladesh to design, supply, install and commission 230/132kV GIS substations along with transformers. Technical analysis indicates Siemens stock is in an uptrend, and recommends buying in the range of 1248-1256 with a target price of 1282. Bharat Forge's joint venture ABFPPL signed a $219 million contract with NTPC to supply steam turbine generator islands, and technical analysis recommends buying Bharat Forge in the range of 760-765 with a target of 780. US markets ended higher on gains in materials and industrial stocks, and weaker dollar. Asian markets opened
The document provides an overview of events related to two Indian companies - Indian Oil Corp (IOC) and Glenmark Pharmaceuticals. It summarizes that IOC reported a minor fire at its Koyali refinery during maintenance work that injured 5 employees, and the refinery unit will be shut for around 25 days. It also provides technical analysis on both stocks, recommending a short position in IOC and a buy position in Glenmark.
#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.
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.
BHEL has commissioned the second 195 MW unit at the Muzaffarpur Thermal Power Station in Bihar, which is jointly owned by NTPC and BSPGCL. The first 195 MW unit was commissioned in March 2015. BHEL has over 80% market share in equipment supplied to NTPC and its joint ventures. The document also provides a technical analysis of BHEL stock, recommending buying within the range of 121-122 with a target price of 126 and stop loss of 119. It further discusses the approval of two FDI proposals amounting to Rs 2.19 crore by the Indian government.
Pidilite Industries Ltd acquired 100% stake in Nebula East Africa Pvt Ltd, a Kenyan company. Technical analysis recommends buying Pidilite between 695-699 for a target of 713. IOC is likely to take a 37.5% stake in a joint venture to manage airport fuel facilities in India. Global markets turned positive after falling on uncertainty over the upcoming Brexit referendum, while the Indian market is also likely to see buying.
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.
ChoiceBroking- Pick of the week: BATAINDIA Ltd.choice broking
Bata India Limited is an India-based company that manufactures and retails footwear and accessories for women, men, and kids. It offers various categories of shoes and accessories. The company received several awards and recognition in recent years for being a trusted brand and large format multi brand footwear retailer. A technical analysis of Bata India's stock performance indicates the stock has completed a bullish pattern and could reach Rs. 580 in the coming trading sessions based on support levels and momentum indicators. The report recommends buying the stock up to Rs. 480 with a stop loss of Rs. 455.
- Asian Paints Ltd is India's largest and Asia's third largest paint company based in Mumbai. It manufactures paints for decorative and industrial use.
- The company was established in 1942 and manufactures and markets industrial and decorative coatings as well as provides home painting services.
- According to a technical analysis, the stock price has formed bullish patterns and indicators suggesting the price may increase towards Rs. 930 in the coming trading sessions.
SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH- 19 DECEMBER 2012Epic Research Limited
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Rajesh Exports has received an export order worth Rs. 1360 crore from the UAE for gold and diamond jewelry to be completed by January 31, 2016. Executing this large order will significantly boost the company's profits. The order will be manufactured at Rajesh Exports' facility in Bangalore, which is the world's largest jewelry factory.
Cipla's subsidiary has entered a joint venture agreement in Algeria with Biopharma SPA. On technical charts, Cipla stock is trading above support and momentum indicators point to further upside.
Fed meeting minutes signaled a still cautious stance on raising rates. Asian stocks rose following gains on Wall Street as investors took comfort from the dovish
The document provides a daily market update and analysis of specific stocks. It discusses rising costs of iron ore and coking coal affecting steel maker Kalyani Steels. It provides technical analysis of KSL and ALKEM stocks, recommending sell targets. Asian stocks opened lower following declines on Wall Street due to concerns over Deutsche Bank. Bulk deals and an earnings calendar are also included.
NDTV received a showcause notice from the Income Tax department relating to a Rs 450-crore tax dispute. The notice was issued in consequence to an assessment of AY 2009-10, which is sub-judice before the Income Tax Appellate Tribunal. NDTV said that the matters included in the notice are “premature, arbitrary and unlikely to be sustained in law.”
HDFC Life and Max Life said they would explore options of merging their businesses to create India's biggest private life insurer. A three-decade-old personal relationship between HDFC Chairman Deepak Parekh and Max Financial Services chief Analjit Singh played a key role in the decision to consider a merger that would spawn India's biggest
- IndiGo has entered into a strategic partnership with Travelport to distribute all of its fares and products worldwide, helping it reach travelers in international markets as it expands its route network.
- The technical outlook suggests buying IndiGo in the range of Rs. 865-870, targeting Rs. 888, with a stop loss of Rs. 856.
- Sunteck Realty reported an over eight-fold jump in quarterly net profit and a rise in total income, with the technical outlook suggesting buying in the range of Rs. 261-263, targeting Rs. 269, with a stop loss of Rs. 258.
The document discusses Skipper Ltd approving an investment of Rs. 70 crore to set up a new unit in Guwahati, Assam. It will be the company's fourth engineering unit and sixth polymer unit. The technical outlook is positive on Skipper stock, recommending buying between Rs. 158.50-160 for a target of Rs. 163.50. It also discusses HDFC Life and Max Life announcing a merger deal to create India's largest listed life insurer. Overall, the summary captures the key details and events discussed in the document in 3 sentences.
- ACC Limited is one of the largest cement manufacturers in India, with a nationwide network of factories and offices. It was formerly known as The Associated Cement Companies Limited.
- The document provides a technical analysis of ACC stock, noting it has bounced back from support at 1350 levels, forming a bullish harmonic pattern. Momentum indicators also signal potential upside.
- Based on the technical setup, the analyst expects the stock to rise towards 1550 levels in the coming trading sessions and recommends buying the stock between 1378-1360, with a stop loss of 1300.
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 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.
Pidilite Industries is the largest adhesive manufacturer in India with a presence worldwide. It owns popular brands like Fevicol, Fevikwik, and Dr. Fixit. The company was founded in 1959 and is headquartered in Mumbai. A technical analysis of Pidilite's stock finds it is in a structural bull trend and on the daily chart support is seen at its long term moving average. Based on all evidence, the stock offers a potential buying opportunity with an upside target price of 680 in the next few trading sessions.
TVS Motor has received a patent for an air-injection system that reduces emissions during engine deceleration. The system improves fuel economy by reducing fuel supply during deceleration. TVS Motor filed the patent application in 2008.
Mangalore Chemicals has stopped urea production from May 7 due to water shortage. Production will resume once water is available again.
US stocks rebounded from early losses on Friday after jobs data was less disappointing than initially thought. Asian markets are trading mixed ahead of Chinese inflation data.
Pidilite Industries Ltd is the largest adhesive manufacturer in India with a presence worldwide. It owns popular brands like Fevicol, Fevikwik, and Dr. Fixit. The company was founded in 1959 and its corporate office is in Mumbai, with manufacturing facilities across India. Technical analysis indicates the stock price has been trading around support levels and could rise to 670 in the coming sessions, leading the analyst to recommend a "Buy".
The document provides analysis and recommendations on various stocks from a research analyst. It discusses movements in the Jet Airways and Tata Power stocks and provides technical analysis and recommendations to buy or sell the stocks within certain price ranges. It also mentions that Tata Power will acquire Welspun Energy's solar portfolio in a large transaction valued between Rs. 6000-7000 crore. Global market cues are provided, noting Asian markets opened sharply lower due to fears around the upcoming Brexit vote and central bank meetings. The analysis indicates the Indian market will likely open lower on Monday.
L&T Construction has won several orders worth Rs. 1,563 crore in July and August for power transmission and distribution projects in India and abroad. Godrej Consumer Products is focusing on growing its household insecticides business in rural markets, aiming for 35% of sales from rural areas in the next two years. Asian shares were mixed in early trading, with Tokyo up but other markets seeing small losses as Shanghai traded volatile.
Daily equity report 12 feb 2019 by epic researchEpic Research
This document provides a daily equity report from Epic Research India on February 12, 2019. It includes analysis of Indian indices like Nifty and Sensex, which were down -0.50% and -0.41% respectively. It also provides analysis and recommendations for specific stocks like KSCL, Repco Home, Nifty, and Bank Nifty based on technical indicators. Contact information is provided for Epic Research India and its international sales teams.
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.
- Asian Paints Ltd is India's largest and Asia's third largest paint company based in Mumbai. It manufactures paints for decorative and industrial use.
- The company was established in 1942 and manufactures and markets industrial and decorative coatings as well as provides home painting services.
- According to a technical analysis, the stock price has formed bullish patterns and indicators suggesting the price may increase towards Rs. 930 in the coming trading sessions.
SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH- 19 DECEMBER 2012Epic Research Limited
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Rajesh Exports has received an export order worth Rs. 1360 crore from the UAE for gold and diamond jewelry to be completed by January 31, 2016. Executing this large order will significantly boost the company's profits. The order will be manufactured at Rajesh Exports' facility in Bangalore, which is the world's largest jewelry factory.
Cipla's subsidiary has entered a joint venture agreement in Algeria with Biopharma SPA. On technical charts, Cipla stock is trading above support and momentum indicators point to further upside.
Fed meeting minutes signaled a still cautious stance on raising rates. Asian stocks rose following gains on Wall Street as investors took comfort from the dovish
The document provides a daily market update and analysis of specific stocks. It discusses rising costs of iron ore and coking coal affecting steel maker Kalyani Steels. It provides technical analysis of KSL and ALKEM stocks, recommending sell targets. Asian stocks opened lower following declines on Wall Street due to concerns over Deutsche Bank. Bulk deals and an earnings calendar are also included.
NDTV received a showcause notice from the Income Tax department relating to a Rs 450-crore tax dispute. The notice was issued in consequence to an assessment of AY 2009-10, which is sub-judice before the Income Tax Appellate Tribunal. NDTV said that the matters included in the notice are “premature, arbitrary and unlikely to be sustained in law.”
HDFC Life and Max Life said they would explore options of merging their businesses to create India's biggest private life insurer. A three-decade-old personal relationship between HDFC Chairman Deepak Parekh and Max Financial Services chief Analjit Singh played a key role in the decision to consider a merger that would spawn India's biggest
- IndiGo has entered into a strategic partnership with Travelport to distribute all of its fares and products worldwide, helping it reach travelers in international markets as it expands its route network.
- The technical outlook suggests buying IndiGo in the range of Rs. 865-870, targeting Rs. 888, with a stop loss of Rs. 856.
- Sunteck Realty reported an over eight-fold jump in quarterly net profit and a rise in total income, with the technical outlook suggesting buying in the range of Rs. 261-263, targeting Rs. 269, with a stop loss of Rs. 258.
The document discusses Skipper Ltd approving an investment of Rs. 70 crore to set up a new unit in Guwahati, Assam. It will be the company's fourth engineering unit and sixth polymer unit. The technical outlook is positive on Skipper stock, recommending buying between Rs. 158.50-160 for a target of Rs. 163.50. It also discusses HDFC Life and Max Life announcing a merger deal to create India's largest listed life insurer. Overall, the summary captures the key details and events discussed in the document in 3 sentences.
- ACC Limited is one of the largest cement manufacturers in India, with a nationwide network of factories and offices. It was formerly known as The Associated Cement Companies Limited.
- The document provides a technical analysis of ACC stock, noting it has bounced back from support at 1350 levels, forming a bullish harmonic pattern. Momentum indicators also signal potential upside.
- Based on the technical setup, the analyst expects the stock to rise towards 1550 levels in the coming trading sessions and recommends buying the stock between 1378-1360, with a stop loss of 1300.
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 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.
Pidilite Industries is the largest adhesive manufacturer in India with a presence worldwide. It owns popular brands like Fevicol, Fevikwik, and Dr. Fixit. The company was founded in 1959 and is headquartered in Mumbai. A technical analysis of Pidilite's stock finds it is in a structural bull trend and on the daily chart support is seen at its long term moving average. Based on all evidence, the stock offers a potential buying opportunity with an upside target price of 680 in the next few trading sessions.
TVS Motor has received a patent for an air-injection system that reduces emissions during engine deceleration. The system improves fuel economy by reducing fuel supply during deceleration. TVS Motor filed the patent application in 2008.
Mangalore Chemicals has stopped urea production from May 7 due to water shortage. Production will resume once water is available again.
US stocks rebounded from early losses on Friday after jobs data was less disappointing than initially thought. Asian markets are trading mixed ahead of Chinese inflation data.
Pidilite Industries Ltd is the largest adhesive manufacturer in India with a presence worldwide. It owns popular brands like Fevicol, Fevikwik, and Dr. Fixit. The company was founded in 1959 and its corporate office is in Mumbai, with manufacturing facilities across India. Technical analysis indicates the stock price has been trading around support levels and could rise to 670 in the coming sessions, leading the analyst to recommend a "Buy".
The document provides analysis and recommendations on various stocks from a research analyst. It discusses movements in the Jet Airways and Tata Power stocks and provides technical analysis and recommendations to buy or sell the stocks within certain price ranges. It also mentions that Tata Power will acquire Welspun Energy's solar portfolio in a large transaction valued between Rs. 6000-7000 crore. Global market cues are provided, noting Asian markets opened sharply lower due to fears around the upcoming Brexit vote and central bank meetings. The analysis indicates the Indian market will likely open lower on Monday.
L&T Construction has won several orders worth Rs. 1,563 crore in July and August for power transmission and distribution projects in India and abroad. Godrej Consumer Products is focusing on growing its household insecticides business in rural markets, aiming for 35% of sales from rural areas in the next two years. Asian shares were mixed in early trading, with Tokyo up but other markets seeing small losses as Shanghai traded volatile.
Daily equity report 12 feb 2019 by epic researchEpic Research
This document provides a daily equity report from Epic Research India on February 12, 2019. It includes analysis of Indian indices like Nifty and Sensex, which were down -0.50% and -0.41% respectively. It also provides analysis and recommendations for specific stocks like KSCL, Repco Home, Nifty, and Bank Nifty based on technical indicators. Contact information is provided for Epic Research India and its international sales teams.
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.
1) US stocks fell on Friday led by a 4.3% drop in Oracle shares after its revenue missed estimates, while defensive sectors like real estate and utilities gained. Asian shares steadied after China agreed to return a seized US drone.
2) The document provides updates on the US, Asian and Indian stock markets. It also lists recent corporate actions and an upcoming earnings calendar.
3) The document concludes with recommendations to buy Exide Industries and sell Tata Power based on technical analysis indicators.
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.
- 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.
Choicebroking #morning tea GlobalView: US stocks declined for a second day on Wednesday, weighed down by tepid data on private sector US jobs and a retreat in biotech shares.
1) Pharma firm Granules India has entered into a licensing pact with US pharma Windlas to market and distribute four products in the US. Windlas will receive milestone payments and profits from sales.
2) Technical analysis indicates Granules stock could be bought between Rs. 140-142, targeting Rs. 146, with a stop loss of Rs. 138.
3) Regulator CDSCO found quality issues in Alkem Labs' diabetes drug Glimekem for the third time in a year, asking the company to recall specific batches. On technical grounds, Alkem stock could be sold between Rs. 1380-1387, targeting Rs. 1350, with a stop loss of Rs
Skipper Ltd has received orders worth around Rs. 100 crore to supply transmission equipment to markets in Kenya, Cameroon, Congo, Ghana and Malaysia, as well as domestic markets in India. The company's director commented that they are excited about entering these new African and Asian markets due to their international business push.
Petronet LNG Ltd plans to set up a Rs. 5,000 crore LNG import terminal in Bangladesh to meet growing demand in neighboring countries. The company's MD & CEO said they have proposed a 5 MTPA capacity terminal at Kutubdia islands off Cox's Bazar in Bangladesh.
Indian markets are expected to open higher, taking cues from gains in other Asian markets
Larsen & Toubro's construction arm wins orders worth Rs 3,598 crore across various business segments, including a major order of Rs 1,849 crore from the Telangana government for an irrigation project. Technical analysis indicates L&T stock is in an uptrend and recommends buying in the range of 1545-1552 with a target price of 1585. Aurobindo Pharma is recommended for buying in the range of 758-762 with a target of 777 based on technical indicators showing the stock is in an uptrend. Asian markets open mixed ahead of the important US jobs report while Indian markets are also expected to open mixed.
1) ARSS Infrastructure Projects Ltd received a work order worth Rs. 135.45 crore from South East Central Railway, Bilaspur for a civil construction joint venture project.
2) Technical outlook suggests buying ARSS Infrastructure stock between Rs. 84-85 with a target of Rs. 88 and stop loss of Rs. 83.50.
3) Ahluwalia Contracts received notice from Patna authorities to stop construction of two projects due to lack of approval of the city's master plan as required by regulations.
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
Gati Kausar, a division of Gati Ltd, has launched its first temperature controlled warehouse near Delhi along National Highway 8. The new facility covers 4 acres and currently has a storage capacity of over 5,000 pallets. Axis Bank has established an innovation lab called "Thought Factory" to accelerate development of innovative banking technologies and plans to partner with international banks on areas like blockchain, AI and mobility. Markets recovered further from post-Brexit losses with the Nifty reclaiming 8,200 levels ahead of June F&O expiry.
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.
1) Siemens Ltd has bagged an order worth Rs 570 crore from Power Grid Corporation of India Ltd to supply static synchronous compensator solutions at four substation locations across Bihar, Jharkhand and Odisha. This will be one of the world's largest STATCOM projects at 400 kV level.
2) Bharat Heavy Electricals Ltd has successfully commissioned two units of 14 MW each at the Salma Hydro Electric Project in Afghanistan.
3) Technical analysis indicates BHEL is in an uptrend and recommends buying the stock in the range of Rs 118-119 for a target of Rs 123.20.
"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.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
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.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
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Global View
India Update
Today’s Event/ Stock in News
Europe’s Airbus Helicopters has awarded a contract to Mahindra Aerostructures Ltd to make airframe parts for the AS565 MBe
Panther military chopper. The value of the contract was not disclosed by the companies. These parts will be produced at the
Mahindra facility in Bengaluru. “They will be shipped directly to the Airbus helicopter production line in Marignane, France where
theywillbeintegratedwiththe restoftheairframeassembly andwill formacriticalpartofthePantherssoldworldwide,”Mahindra
said in a statement. In July 2015, Airbus Helicopters and Mahindra’s defence division had said they are in the process of forming a
joint venture to target India’s military helicopter programmes such as the naval utility helicopter, the naval multi-role helicopter and
thereconnaissanceandsurveillancehelicopter.
Technical Outlook: Ondailychart,stock has givenpositivebreakoutof its rectangle formationinwhichit hadbeentradingformore
than two years. Moreover, stock has been continuously trading with its strong support of 21 day moving average which is placed at
1364 level, which shows that near term trend is up. A momentum indicator RSI reading is at 76.45 level with positive crossover,
which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 1469-1476 for Target of 1506
withSLof1454.
M&M
CADILAHC
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
13th July 2016
Buy in range of 369-372 for Target of 380 with SL of 365
Buy in range of 1469-1476 for Target of 1506 with SL of 1454
Cadila Healthcare Limited has informed the Exchange that Cadila Healthcare Limited announced that its US based 100% subsidiary
companyZydusPharmaceuticals (USA) Inc. (Zydus)willbegininformingtodayitscustomersthatZyduswillstartsellinganauthorized
genericofAsacolHD(mesalaminedelayedreleasetablets800mg)intheUnitedStatescommencingonAugust1,2016.
Technical Outlook : On daily chart, stock has formed long leg of lower shadow candlestick which is a continuation candlestick and
indicates for further upside movement. Moreover, stock has managedto sustain above its 200 day moving average which is placed
at 352.70 level, which shows that long term trend has changed to up. A momentum indicator RSI reading is at 83.85 level with
positive crossover, which point out for positive breath inthe stock. So for trading perspective, one could Buy inrange of 369-372 for
Targetof380withSLof365.
The benchmark US S&P 500 stock index set record closing and intraday highs for the second straight day on Tuesday and the Dow
Jones industrial average reached record highs for the first time in over a year as optimism about the world economy and upbeat
corporate results from Alcoa boosted risk appetite. The benchmark S&P 500 ended at 2,152.14, topping Monday's record close of
2,137.16, while theDowclosed at 18,347.67totopits previous recordhightouchedinMay 2015. The S&P 500 hit a record intraday
peak of 2,155.40, while the Dow hit an intraday record of 18,371.95. The tech-heavy Nasdaq Composite also gained, wiping out its
lossesfortheyearandnotchingitshighestclosesincelateDecember.
Asian shares came within reach of testing their 2016 peak on Wednesday as prospects of solid US growth and accommodative
economic policy in major countries whet investors risk appetite damaged by uncertainty from Brexit. MSCI's broadest index of Asia-
PacificsharesoutsideJapanrose0.2percentinearlytradeto426.62,justbelowitsyear-to-datehighof428.22.Japan'sNikkeigained
1.9percent.TheIndianmarketislikelytoreactpositivelytostrongglobalcues.
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Bulk Deal
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Morning Tea
13th July 2016
Security in Ban
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Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 12/7/2016 533239 PRAKASHSTL PRAKASH CHAND SHARMA S 1148000 1.81
2 12/7/2016 514045 BSL INVESTOR INDIA LIMITED S 500111 82.75
3 12/7/2016 514045 BSL AKUNTH TEXTILE PROCESSORS PVT LTD B 500111 82.75
4 12/7/2016 517467 MARSONS CHARU KOTIA S 250000 14.01
5 12/7/2016 539331 VETO VETO ELECTROPOWERS INDIA PRIVATE LIMITED S 250000 135.00
6 12/7/2016 532972 SANKHYAIN IDBI BANK LIMITED S 149700 25.67
7 12/7/2016 504697 GALADA GOURAV KHANDELWAL S 122553 21.60
8 12/7/2016 504697 GALADA GOURAV KHANDELWAL B 122553 20.12
9 12/7/2016 531867 UNITINT AJAY SINGH HOODA S 113368 5.75
10 12/7/2016 533163 ARSSINFRA WAY2WEALTH SECURITIES P LTD S 102921 104.34
Corporate Action:
Kabra Extrusion Technik Limited; Annual General Meeting
Solar Industries India Limited; Fv Splt Frm Rs 10 To Rs 2
Hatsun Agro Product Limited; Bonus 2:5
Andhra Bank; Annual General Meeting/ Dividend - Re 0.50 Per Share
Ashok Leyland Limited; Annual General Meeting/Dividend Re 0.95 Per Share
Bharat Petroleum Corporation Limited; Bonus 1:1
CESC Limited; Annual General Meeting
Parrys Sugar Industries Limited; Annual General Meeting
R. S. Software (India) Limited; Annual General Meeting/ Dividend - Re 1/- Per Share
Phillips Carbon Black Limited; Annual General Meeting/Dividend -Rs 2.50 Per Share
Aarti Drugs Limited; Annual General Meeting
Chemfab Alkalis Limited; Dividend - Rs 1.25 Per Share
Plastiblends India Limited; Annual General Meeting
Result Calendar:
AQUAPIV, CUPID, INFOMEDIA, LGBFORGE, MNIL, NETWORK18, RIIL & TV18BRDCST
Corporate Action / Result Calendar
JPASSOCIAT
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Research Team
Mr. Sumeet Bagadia Associate Director
Kunal Parmar Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
13th July 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity Broking
Pvt Ltd., ou=Research Dept,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2016.07.13 08:45:06 +05'30'