...
Monday, December 31, 2012
Stocks to watch-Dec 31
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange falls 0.1
percent. The MSCI-Asia Pacific index, excluding Japan
is flat.
* Financial markets across Asia and Western Europe were
either closed or closing early on Monday, abandoning the field
as the U.S. Congress and the White House battled it out for a
solution to the impending "fiscal cliff"....
Friday, December 28, 2012
economic-calendar 28-dec
Date
Time (IST)
Country
Data/Event
Exp.
Prior
Exp. chg today
Avg. chg of last 1 year
Exp. Impact on Price
28-Dec-2012
09-00 PM
United States
EIA Natural Gas Storage change
-72B
-82B
10.00
34.40
Neutral
28-Dec-2012
09-30 PM
United States
EIA Crude Oil Stocks change
0.1750M
-0.964M
0.79
3.45
Neutral
...
SGX Nifty flat; Bharti Infratel debuts
* Nifty futures on the Singapore Exchange unchanged. The
MSCI-Asia Pacific index, excluding Japan gains
0.43 percent....
stocks to watch-Dec 28
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange were flat,
while the MSCI-Asia Pacific index, excluding Japan
, advanced 0.41 percent.
* The yen hit its lowest level in more than two years
on Friday on expectations of drastic monetary easing intensify,
while Japanese stocks rose to 21-month highs. Asian shares
advanced on signs Washington is striving to avoid a fiscal
crun...
Thursday, December 27, 2012
Rupee extends gains for a third session,
Rupee extends gains for a third session, pair at 54.75/77 versus 54.8350/8450 close on Wednesda...
CORPORATE ACTION 27-DEC
MPANY NAME
DIVIDEND
DATE
Type
%
Announcement
Record
Ex-Dividend
Amtek Auto
Final
25.00
05-12-2012
-
27-12-2012...
Indian stocks to watch-Dec 27
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange fell 0.07
percent, while the MSCI-Asia Pacific index, excluding Japan
, advanced 0.29 percent.
* Asian shares rose on Thursday amid caution about the
chances of U.S. lawmakers striking a deal to avoid a fiscal
crunch by Dec. 31, while the yen hit a 21-month low
against the dollar on the prospect of drastic monetary easing.
...
Wednesday, December 26, 2012
Indian stocks to watch - Dec 26
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.06
percent, while the MSCI-Asia Pacific index, excluding Japan
, advanced 0.08 percent....
SGX Nifty flat; U.S 'cliff' talks key
* Nifty futures on the Singapore Exchange gain 0.06
percent. The MSCI-Asia Pacific index, excluding Japan
is up 0.08 percent....
Monday, December 24, 2012
stocks to watch-Dec 24
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.39
percent, while the MSCI-Asia Pacific index, excluding Japan
, advanced 0.1 percent.
* Asian shares steadied in quiet pre-holiday trade after a
slump late last week, but markets have become more jittery about
the risk of the United States failing to avert a fiscal crisis.
* U.S. stocks finished lower on Friday after a Republican
plan to avoid the "fiscal cliff" failed to gain sufficient
support on Thursday night, draining hopes that a deal would be
reached...
Friday, December 21, 2012
BEST PICK FOR 2013
Sequent Scientific @ 240 For 1 Year View Tgt 450
CHECK CURRENT MARKET PRICE
BSE: 512529 | NSE: NL | ISIN: INE807F01019 | SECTOR: PHARMACEUTICALS...
STOCK ADVICE 21 DEC 2012
BUY STOCK
TVSMOTOR
UTTAMSTL
AMTEKAUTO
TATASPONGE
SELLSTOCK
KWALITY
SHASUNPHAR
KAJARIACE...
CORPORATE NEWS DEC 21
Corporate NewsL&T Finance has picked up 11.42 per cent stake or 32.93 lakh shares in PVR by invoking pledged shares. L&T Finance notified the stock exchanges today of the development that had happened on November 27.
GMR Infrastructure Ltd has started commercial operations of the Hyderabad- Vijayawada section of National Highway 9 and the Hungund - Hospet section of National Highway 13. With the commencement of these two projects, the Group now has a portfolio of eight operating highways. While the Hyderabad-Vijayawada section is expected...
SGX Nifty falls as uncertainty grows over 'fiscal cliff' - DEC 21
* Nifty futures on the Singapore Exchange falls 0.52
percent. The MSCI-Asia Pacific index, excluding Japan
is down 0.68 percent....
Indian stocks to watch - Dec 21
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange fell 0.5
percent. The MSCI-Asia Pacific index, excluding Japan
, is down 0.78 percent.
* Asian shares slid on Friday after a Republican proposal to
fend off a U.S. fiscal crunch failed to get enough support,
deepening uncertainty over prospects for the negotiations to
avert automatic spending cuts and tax increases set to start in
January....
Thursday, December 20, 2012
LIC Housing Finance: Accumulate at price 282
LIC Housing Finance Ltd (LICHFL),
incorporated in 1978, is engaged in the business of providing housing
loans, with the objective of making the much coveted dream of owning a
home accessible and affordable. Its main business is to provide
long-term housing finance to individuals, professionals and to builders
& developers for residential & commercial projects.
LICHFL – Ready to augmenting its position of 2nd largest player in Housing Finance
LICHFL is 2nd largest player in
Housing Finance Industry with a market share of...
stocks to watch-Dec 20
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange were
largely unchanged. The MSCI-Asia Pacific index, excluding Japan
fell 0.22 percent.
* Asian shares paused on Thursday after rallying to their
highest in nearly 17 months the day before, as talks to avert a
U.S. fiscal crisis stalled, prompting worries of the world's
largest economy sliding back into recession....
SGX Nifty gains; Gujarat election results awaited
* Nifty futures on the Singapore Exchange gain 0.06
percent. The MSCI-Asia Pacific index, excluding Japan
is down 0.14 percent....
Wednesday, December 19, 2012
Corporate News And Economic Event 19-12-2012
Corporate News
Tata Motors has launched the new Aria Pure LX, a new variant with a bouquet of features, at Rs 9.95 lakh ex-showroom in Hyderabad...
Prestige Estates: FY13 sales booking to beat guidance by ~20%, buy
Prestige Estates: FY13 sales booking to beat guidance by ~20%
Motilal Oswal met Prestige Estates
Projects’ (PEPL) management and visited key sites to get updates on the
business and outlook of Bangalore real estate market....
Oil India: Worst priced in; best play on macro improvement
OIL India’s (OINL’s) stock has
corrected by ~5% over the last 12 months, underperforming ONGC (+4%),
despite similar issues of ad-hoc subsidy burden. The stock has de-rated
significantly, trading at ~23% below its historical average and 40%
below its peak valuations. Valuations are compelling at the current
juncture, offering strong downside protection. Prabhudas Lilladher
believe the recent sharp correction in the stock is technical in nature
(impending FPO by the government). Macro risks in terms of high
under-recoveries/higher upstream...
Tata Consultancy Services: Commentary stable, seasonality to impact quarter
Prabhudas lilladher attended Tata
Consultancy Services’ (TCS’) “Sell Side Analysts’ Meet” on December 17,
2012. The management retained its stance on a stable outlook for FY13.
However, Q3FY13 performance is likely to be impacted by lower number of
working days and furloughs. TCS didn’t share median consensus
expectation for the quarter. Prabhudas lilladher tweak their model for
higher tax rate, hence revise their target price to Rs1,400 (from
Rs1,450).
...
Indian stocks to watch - 19-12-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.44
percent. The MSCI-Asia Pacific index excluding Japan
was up 0.43 percent.
* Asian shares rose and the euro hit multi-month
highs on Wednesday as signs of progress in resolving the U.S.
"fiscal cliff" budget crisis and expectations of more aggressive
monetary stimulus from the Bank of Japan lifted riskier assets.
* U.S. stocks rallied on strong volume on Tuesday, capping
off the S&P 500's best two-day run in a month, on
confidence that a deal...
Lok Sabha clears Banking Amendment Bill
Parliament passed a bill on Tuesday aimed at
drawing foreign investment to the banking sector by increasing
shareholders' voting rights, after dropping a controversial clause
allowing banks to trade in commodity futures.The Banking Amendment Bill, a major reforms
legislation, today got approval of the Lok Sabha after the government
dropped the controversial provisions relating to allowing banks to trade
in futures and keeping the sector outside the purview of Competition
Commissi...
Tuesday, December 18, 2012
Suzlon Energy: Buy at CMP 18.40
Suzlon Energy made a
‘Double Bottom’ at Rs15 and the this second bottom was formed after 40
trading sessions, so time wise as well as value wise it qualifies as a
‘Double Bottom’. The first upward move from Rs15 to Rs19 took 17 trading
sessions and the following downward move took 40 trading sessions, so
time wise the retracing wave took significantly more tim...
Britannia Ind: Continuous product innovation to drive future growth
Britannia Industries Ltd (BIL) is one
of the largest food companies in India with presence in bakery and dairy
products. It also forayed into the breakfast cereals category in FY11.
BIL – One of the Key Players in the Branded Biscuits Category
BIL is one of the key players with ~1/3rd
market share in India’s $2.2 bn branded biscuits category having 7
power brands in its kitty (Good Day, Marie, Tiger, Treat, 50-50, Milk
Bikis & Nutri Choice). According to the management, BIL’s household
penetration at the moment is ~50% which is more...
Persistent System: Execution holds the key, downgrade to accumulate
Prabhudas lilladher attended Analysts’
Meet of Persistent Systems. The management highlighted evolution of
technology towards social, cloud, mobility and collaboration as an
advantage for their growth. Moreover, its IP strategy has fuelled the
growth along with industry leading margin. The management has shown keen
focus on execution after making few key hires over last one year.
Downgrade to “Accumulate” due to valuation concer...
SGX Nifty gains; rate decision key 18-12-2012
* Nifty futures on the Singapore Exchange gain 0.02
percent. The MSCI-Asia Pacific index, excluding Japan
up 0.2 percent....
Stocks to watch - 18-12-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange 0.06
percent higher. The MSCI-Asia Pacific index excluding Japan
was 0.26 percent up.
* The S&P 500 ended at its highest level in almost two
months on Monday on rising hopes that negotiations over the
"fiscal cliff" were making progress and that a deal could be
reached in days.
* Asian shares crept higher on Tuesday, tracking the
overnight gains in U.S. stocks on optimism for progress in
resolving the U.S. budget crisis before the year-end deadline....
Monday, December 17, 2012
Tata Motors: Buy above Rs293
Tata Motors is finding
support at the black upward sloping trend line. And it is in effect for
last 5 months so it should be considered as a valid trend line.
It made an intraday high
at Rs290 on Thursday and the previous top was at also Rs289, so once
this level is breached decisively HDFC Sec feels there will be more upside in the offin...
Olympic Cards: Good for short term to long term investment
Established in 1962, Olympic Cards Limited
company is the manufacturer and supplier of invitation cards for all
occasions. The company provides best quality cards as well as well
crafted kudhan meena works and high quality printing services covering
all segments of the field. The Founder Mr.N.M. Habibullah,and the
Chairman-Managing Director Mr. H.Noor Mohamed, are tycoons in the
printing industry with 46 years of experience. A dedicated, talented and
determined young generation is behind the...
CORPORATE NEWS 17-12-2012
Corporate News
Tata Motors global wholesales of vehicles, including that of Jaguar Land Rover, stood at 102,337 in November. The automobile manufacturer’s cumulative wholesales for the fiscal stood at 782,043 unit...
Top 10 Traded Stocks 17-12-2012
In volatile markets, investors should have an active attitude towards investing and should be ready to try out new stocks and strategies. Keep a look out for longer-term trends specific to India and be ready to change your mind and switch stocks wh...
Indian stocks to watch 17-12-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange fell 0.27
percent. The MSCI-Asia Pacific index excluding Japan
was down 0.3 percent.
* U.S. stocks fell on Friday as another slide in Apple
took a toll and investors unloaded some shares because
of the uncertainty surrounding the "fiscal cliff" negotiations.
...
SGX Nifty falls; rate decision key
* Nifty futures on the Singapore Exchange fell 0.24
percent. The MSCI-Asia Pacific index excluding Japan
was 0.32 percent down. ...
Friday, December 14, 2012
CORPORATE NEWS AND EVENTS 14-12-2012
Corporate News
Reliance Industries has shut its seventh well on KG-D6 gas block due to high water and sand ingress as it awaits regulatory nod to carry out urgent work over to plug the problem responsible for drastic fall in output.
JSW Steel reported a marginal growth of 0.33 per cent in its crude steel production at 6.03 lakh tonnes in November due to iron ore shortages and shutdown of one of its unit...
NIFTY View 14-12-2012
In line with expectation, Index opened slightly in green and traded in narrow range of 5880-5900 level in first half of the session. It finally broke down from that range & slipped vertically to 5840 zone and closed down by more than half a percent....
STOCK ADVICE 14-12-2012
BUY CALL
TUBEINVEST
SIMPLEXINF
SELL CALL
INDORAMA
ENGINERSIN
BANARISUG
FINANTECH
DIVISLA
MUTHOOTFIN...
SGX Nifty gains; Inflation data key
ifty futures on the Singapore Exchange 0.11 percent
higher. The MSCI-Asia Pacific index excluding Japan
is also 0.24 percent up.
* Asian shares snapped a week-long winning streak on Friday,
tracking global equities lower, on concerns that U.S. lawmakers
are still too far apart to avert a fiscal crisis with an
end-of-year deadline looming. ...
STOCK TO WATCH 14-12-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.2
percent higher. The MSCI-Asia Pacific index excluding Japan
was 0.56 percent down.
* The S&P 500 ended its six-day winning streak on Thursday,
retreating as worries intensified that Washington's "fiscal
cliff" negotiations were dragging on with little progre...
Thursday, December 13, 2012
Honeywell Automation firms up as promoter to pare stake
Honeywell Automation firms up as promoter to pare stake
The announcement was made after market hours on Wednesday, 12 December 2012.
Meanwhile, the BSE Sensex was almost flat at 19,355.42.
On BSE, 14,684 shares were traded in the counter as against an average daily volume of 7,499 shares in the past one quarter....
TODAYS IMP EVENTS - CORPORATE NEWS 13-12-2012
Corporate News
Power Finance Corporation disbursed Rs 7,400 crore of transitional loan to five financially ailing State Electricity Distribution Utilities. The board of Colgate Palmolive (India) has declared a second interim dividend for the financial year 2012-13 of Rs 6 a share of Re 1 eac...
NIFTY view for 13th December 2012
NIFTY (5888.80)
The Nifty had another day of consolidation and we still are
trading above 5840 level until which we should have a positive bias, and
hence Mohit Gaba suggests holding long position to those who have
created longs at lower levels as we are on course towards 6000 and more....
Credit Suisse upgrades Dr Reddy's on US outlook
* Credit Suisse upgrades Dr. Reddy's Laboratories to
'outperform' from 'neutral' and raises its target price to 2,150
rupees from 1,900 rupees, citing expectations for a strong pick
up in U.S. sales in the coming quarte...
Stocks to watch-Dec 13 2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.19
percent higher. The MSCI-Asia Pacific index excluding Japan
was also up 0.2 percent.
* U.S. stocks ended nearly flat on Wednesday, giving up most
of the day's gains after Fed Chairman Ben Bernanke reiterated
that monetary policy won't be enough to offset damage from the
"fiscal cliff."
* Asian shares extended gains for a seventh day on Thursday,
after the U.S. Federal Reserve took new stimulus steps to
bolster the economy.
...
Wednesday, December 12, 2012
NAVNEET PUBLICATION - - BUY AT CMP
The stock of Navneet Publication
has shown impressive volumes in last 5 sessions (more than its 6-month average
volumes). While doing so it has brok...
IIP OCTOBER DATA - DETAILED REPORT
IIP Highlights
The Index of Industrial Production (IIP) data for the
month of October 2012 grew at better-than-expected.
The General Index for the month of October 2012
stands at 171.3, which is 8.2% higher as compared to
the level in the month of October 2011. A large part
is attributed due to the base effect. This is the
highest since June 2011...
Eicher Motors: At inflection point, maintain buy
Highlights:
Motorcycles: Royal Enfield well-positioned: Given its leadership position, cult brand equity
and minimal competition, Royal Enfield is well positioned to benefit
from increasing trend of lifestyle biking. Currently, demand for Royal
Enfield motorcycles far exceeds supply with average waiting period at
6-8 months. Capacity expansion (new plant to start in 1QCY13), new
launches (Thunderbird 500 and Café Racer), and network expansion to
drive 25%/29% volume/EBTIDA CAGR over CY12-15...
Indian stocks to watch 12-12-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.13
percent. The MSCI-Asia Pacific index excluding Japan
gained 0.38 percent.
* U.S. stocks rose on Tuesday, led by gains in technology
companies, helping the S&P 500 end at its highest level
since Election Day.
* Asian shares rose buoyed by strength in global equities
markets, firmer economic sentiment in Germany and hopes of a
deal from U.S. budget talks, while the dollar came under
pressure ahead of the Federal Reserve's policy decisi...
NBCC: Buy at CMP 165
The story so far
National Building
Construction Corporation – NBCC is the only GOI enterprise engaged in
all the 3 business verticals – Project Management Consultancy, Civil
Construction & Real Estate. Project Management Consultancy – PMC
accounts for 90% of its Rs35bn revenues and its clients include central
government organizations. The balance 10% of its revenues comes from
civil works and real estate business which involves re-development of
old government colonies under the General Pool Residential Accommodation
– GPRA in various...
ABG Shipyard gains 5% on Indian Navy order
Shares of ABG Shipyard
gained as much as 5 percent to touch an intraday high of Rs 389.70 on
Wednesday as the company has signed a repeat order for construction of
one additional cadet training ship with Indian Navy (Ministry of
Defence).
The order size stands at Rs 485 crore for manufacturing one cadet
training ship that will be...
Tuesday, December 11, 2012
Monday, December 10, 2012
J&K Bank: Buy for an upside of 22% 10-12-2012
Snapshot
Jammu & Kashmir Bank has emerged as
one of the handful (quasi) Government Banks to have registered
consistent growth in earnings while maintaining the asset quality. This
is expected to lead to a re-rating in the stock price.
Investment Rationale
- Strong performance to lead to re-rating:
The Bank has reported a consistent growth in financial performance with
Net Interest Income and PAT registering a growth of 19.1 per cent and
24 per cent respectively during FY’07-12 period. The Bank has strong
return ratios with a RoE...
Corporate News 10-12-2012
Corporate News
PI Industries approved raising up to Rs 150 crore through equity related instrument...
Investors Weekly 10-12-2012
Market Overview
The week ended on a flat note after attaining a 23-month closing high on charts.The most awaited FDI debate has come to an end after the UPA won theapproval of parliament for allowing FDI in retail after convincingly overcomingthe motion in against; as the BSP voted in favour of UPA government. Thebuying interest was seen in Realty,...
Friday, December 7, 2012
BUY CALL 7-12-2012
BUY RAILWAY RELATED SHARES LIKE KALINDEE RAIL, KERNEX MICRO, BEML, TITAGARH WAGON, TEXMACO RAIL,TEX INFRA ETC AND HOLD FOR ONE MONTHS AS RAILWAY BUDGET IN FEBRUAR...
Thursday, December 6, 2012
Wednesday, December 5, 2012
Tuesday, November 27, 2012
M&M hopes for quick Aston Martin deal
Aston Martin, purveyors of fast cars to a fictional
British spy and to real-life billionaires, could be partly owned by
Mahindra and Mahindra by the end of the week if the Mumbai tractor moguls have their way.
But much is unclear as the British maker of James Bond's sports cars,
its Kuwaiti owner and a rival Italian bidder keep their own counsel.
"There are a lot of moving parts here," a person with direct knowledge
of the matter told Reuters on Monday, adding the Mahindras hoped to
strike a deal this wee...
Monday, November 26, 2012
Vascon Engineers rises on securing contract worth Rs 313.87 crore
Vascon Engineers is currently trading at Rs. 46.30,
up by 2.30 points or 5.00% from its previous closing of Rs. 46.00 on the
BS...
Corporate News 26-11-2012
Corporate News
NTPC’s 1,600-MW project at Darlipali in Odisha shall commence soon, as the State Government has assured of land acquisition by December 10. The company targets to invest Rs 11,400 crore in the unit.
Suzlon Group has signed contracts for supply of 39.9 MW of wind turbines with two public sector undertakings. The orders are valued at Rs 240 crore.
Siemens Energy has secured a 138 MW order from Jeffrey’s Bay wind power plant in South Africa.
The Ministry of Environment and Forests has granted environmental clearance to the integrated...
NIFTY View 26-11-2012
Markets opened on a flat note and saw some selling pressure in first half. It took Nifty below 5600 levels from where some buying support was witnessed in late trade. Finally it closed lower with small losses. Sectoral ac-tivity showed gains in BSE Auto index after two consecutive days of losses followed by Oil & Gas. BSE PSU in-dex was the top loser on the back of losses in HINDCOPPER, STC, NTPC and MMTC stocks. Realty and Healthcare indices were other losers. Market breadth was in favour of declines in the session. Nifty has closed higher...
Recommendation - AUROPHARMA 26-11-2012
AUROPHARMA: On daily chart, it rose almost vertically from 100 level to 180 level in last three months. It was trading sideways as it failed to sustain above 180 mark that may result decline in the near future. One may initiate trade as per levels given in the table. (Trading period: 3-5 trading sessions...
FIIs invest $19 bn in Indian equities; 2nd highest
Indian stock markets have remain attractive for
overseas investors, as foreign entities have pumped in over USD 19
billion so far -- the second highest mark in a year.
Foreign Institutional Investors (FIIs) were gross buyers of shares worth
Rs 5,80,183 crore and sellers of equities worth Rs 4,80,778 crore,
translating into net inflow of Rs 99,406 crore (USD 19.08 billion),
according to the Sebi dat...
MARKET EYE-SGX Nifty gains; winter session key 26-11-2012
* Nifty futures on the Singapore Exchange rise 0.38
percent. The MSCI-Asia Pacific index excluding Japan
is up 0.16 percent....
Friday, November 23, 2012
Unity Infra bags Rs 138cr Mantralaya project; stock up 3%
Unity Infraprojects has bagged Rs 138 crore Mantralaya project, reports Times of India.
At 09:41 hrs Unity Infraprojects was quoting at Rs 45.80, up Rs 1.40, or
3.15%. It has touched an intraday high of Rs 48.40 and an intraday low
of Rs 45....
Bharti Infratel IPO likely in December; Bharti Airtel gains
Bharti Infratel IPO is likely to hit the market in December. The company aims to raise Rs 4000 crore, reports CNBC-TV18.
At 09:46 hrs Bharti Airtel was quoting at Rs 309.80, up Rs 1.60, or 0.52%. It has touched an intraday high of Rs 312 and an intraday low of Rs 30...
SGX Nifty gains; pharma stocks in focus 23-11-2012
* Nifty futures on the Singapore Exchange rise 0.21
percent. The MSCI-Asia Pacific index excluding Japan
is also up 0.4 perce...
India's Hindustan Copper shares slump ahead of govt stake sale
Nov 23 (Reuters) - Shares in state-run Hindustan
Copper Ltd fell as much as 18.6 percent on Friday
after the government set the base price for its 4 percents stake
sale due later in the day at well below current price...
Indian stocks to watch 23-11-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange gained
0.18 percent. The MSCI-Asia Pacific index excluding Japan
is up 0.41 percent.
* U.S. markets were closed for the Thanksgiving holiday.
...
CORPORATE NEWS 23-11-2012
Corporate NewsL&T said that it has won new orders worth Rs 2,503 crore across various segments. L&T Construction has secured a prestigious order, valued Rs 1,985 crore from GVK Project and Technical Services. L&T's Buildings and Factories has bagged new orders worth Rs 397 crore order pertains to construction of commercial building in Mumbai, , while the water and effluent treatment business has received an order worth Rs 121 crore from the Public Health Engineering Department, Rajastha...
NIFTY View 23-11-2012
Markets opened on firm note but consolidated in a range after that. Nifty extended yesterday’s gains in today’s session as well. Market breadth and volumes didn’t sh...
Recommendation - EXIDEIND 23-11-2012
EXIDEIND: It fell straight from 165 level to support zone of long term averages(100,200 EMA) on the daily chart which lies around 135. It has formed a base here and likely to witness strong rebound now. One may initiate trade as per levels given in the table. (Trading period: 3-5 trading ses-sions)
...
Thursday, November 22, 2012
IPO - Tara Jewels Ltd
Regitered Office : Plot No. 122 15th Road Near, IDBI Bank MIDC Andheri (East), Mumbai - 400093, Maharashtra, IndiaPhone : 91-22-66417777 Fax : 91-22-66417712 Email : investor.care@tarajewels.co.in Website : www.tarajewels.in
Public issue of
up to [*] equity shares of face value of Rs. 10 each ("Equity Shares")
of Tara Jewels Limited (The "Company" or The "Issuer") for cash at a
price of Rs. [*] per equity share including a share premium of Rs. [*]
per equity share,...
HDFC Bank scales record high on surge in ADR
HDFC Bank rose 0.68% to Rs 666.90 at 9:18 IST on
BSE after the private sector bank's American depository receipt or ADR
surged 3.05% to settle at $40.24 on the New York Stock Exchange on
Wednesday, 21 November 2012...
NMDC drops ex-dividend
NMDC lost 0.21% to Rs 170.25 at 10:00 IST on BSE
as the stock turned ex-dividend today, 22 November 2012, for interim
dividend of Rs 2 per share for the year ending 31 March 2013.
Meanwhile, the BSE Sensex was up 64.97 points or 0.35% at 18,525.35.
On BSE, 13,000 shares were traded in the counter as against average daily volume of 47,468 shares in the past one quarter....
HAIL drops 27.16% in three days as foreign promoter to dilute stake
Honeywell Automation India lost 3.54% to Rs 2415
at 09:59 IST on BSE, extending two-day slide triggered after its foreign
promoter said it intends to pare its stake in Indian unit to comply
with the listing clause
Meanwhile, the BSE Sensex was up 71.37 points or 0.39% to 18,531.75
On BSE, 31,705 shares were traded in the counter as against the average daily volume of 4,259 shares in the past one quarter...
Hindustan Copper gallops in volatile trade as government to dilute stake
Hindustan Copper jumped 13.52% to Rs 271.55 at
10:05 IST on BSE, reversing intraday slide, after the government said it
would pare its stake in the state-run copper miner through the offer
for sale mechanism...
Stocks to watch 22-11-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rise 0.33
percent. The MSCI-Asia Pacific index excluding Japan
is up 0.82 percent.
* U.S. stocks finished modestly higher on Wednesday, with
the S&P 500 up for a fourth session, although volume was
one of the year's lowest on the day ahead of the Thanksgiving
holiday....
Wednesday, November 21, 2012
Corporate News 21-11-2012
Corporate News
L&T Construction has bagged orders worth Rs 2,503 crore. Its infrastructure division has secured an order valued at Rs 1,985 crore from GVK Project and Technical Services. L&T will execute the major portion of the work for the 850 MW Ratle Hydroelectric Power Project located on the Chenab in the Kishtwar district of Jammu & Kashmir.
Titan is aiming to clock a profit before tax of Rs 1,000 crore this fiscal and plans to spend about Rs 200 crore in retail as well as manufacturing initiatives. Besides, the company also...
STOCK TO WATCH 21-11-2012
GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange rose 0.15
percent. The MSCI-Asia Pacific index excluding Japan
was up 0.01 percent. ...
NIFTY View 21-11-2012
Markets opened firmly and Nifty spot traded above 5600 levels in early trade but quickly supply was witnessed from higher levels. There was consistent selling pressure for the rest of the day in index majors which took Nif-ty close to yesterday lows around 5550 in late trad...
Recommendation - COALINDIA 21-11-2012
COALINDIA The stock consolidated for past 3 weeks and now after testing support around 342, it is all set for a bounce back towards higher levels. (Trading period: 3-5 trading sessions)
...
Tuesday, November 20, 2012
Stocks to watch 20-11-2012
GLOBAL MARKET NEWS
* Nifty futures on the Singapore Exchange rose 0.2
percent. The MSCI-Asia Pacific index excluding Japan
was up 0.6 percent.
* U.S. stocks bounced higher for a second consecutive
session on Monday as investors were encouraged by the early
atmosphere surrounding talks to tackle the nation's fiscal
crunch....
