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Morning Calls

Road ministry sanctions 115,435 kms of national highways Patel Engineering ,L&T ,Reliance infra and Gammon India Hindustan Construction Company IVRCL NCC, Valecha EngineeringUnity Infraprojects , IRB Infrastructure Developers and Jaiprakash Associates. Govt to...

Morning Calls

JUST DIAL: Board has approved buyback of 1.19 mln shares worth 83.91 Cr rupees for a price of up to 700 rupees per share. CMP 379. RATNAMANI METALS & TUBES: Has received two orders for supply of helically-submerged arc welded pipes worth around 2.14 bln rupees...

Weekly Report on 23rd July 2017

Keeping up with the momentum, Nifty gave a yet another life high closing & surpassed 9900 for the first time on weekly basis. Trends are up, no doubt, on all timeframes and more steams are likely left in the current momentum. However, on weekly candlesticks, a...

Morning Calls

CAG Audit Finds Half of IFCI Loans In Violation of Norms. Thirumalai Chemical – good results continue Income up 47% EBIDTA up 56% Margin at 17.7% Vs 16.7% PAT up 65% at 33 cr Tata Sponge – solid results Income up 61% EBIDTA up 372% EBIDTA margin ex –excise...

Morning Calls

Wipro approves share buyback at Rs 320/share. Wipro to spend Rs 11,000 cr in share buyback. Wipro to buy back up to 343.75 mn shares or 7% of the fully paid up equity capital of the company. ADANI POWER: Plans to set up a 150 MW wind power park on the sea shore close...

Morning Calls

Jio seeks zero interconnection charge while rivals seek hike: Reliance Jio has proposed that interconnection usage charges should be zero, while rivals Airtel, Idea, and Vodafone sought to raise them. In a meeting with TRAI, incumbents pitched for doubling of charges...

Morning Calls

Aurobindo Gets US FDA Approval For Sevelamer Tablets, Sevelamer Is Used To Treat Chronic Kidney Diseases. TATA POWER CO: Plans to invest around $90 mln in equity capital in itsrenewable energy arm Tata Power Renewable Energy as the company seeks to develop its...

Morning Calls

India raises tax on cigarettes. Bad for #ITC #Godfryphlp Casino policy will be passed in monsoon session: Manohar Parrikar. Stock to watch #Deltacorp #Mhril BRITANNIA INDUSTRIES: Is keen to expand its dairy business, which contributes 5-6% to its annual turnover....

Weekly Report on 16th July 2017

Nifty put up a commendable show this week as it closed at 9886, up a massive 220 points from last Friday. 9700 will act now as an intermediate support zone. On a shorter term, one could position trade Nifty from long side with stop loss at 9778, target 9990. LIC...

Morning Calls

Gruh Finance profit grows 20% in first quarter even as competition heats up. Bhansali Polymers revenue up 52%, PAT up 111%; margins at 13.2% versus 10.9% Suzlon starts to get back in shape. Suzlon’s Brazilian subsidiary Suzlon Energia Eolica do Brasil Ltda...

Morning Calls

Prime Minister to review FDI policy, may focus on easing curbs. HATSUN AGRO PRODUCT: Posted an 18.8% on-year rise in consolidated net profit to 351.9 mln rupees for Apr-Jun and revenue from operations rose 12.7% to 11.7 bln rupees during the quarter. INFIBEAM...

Morning Calls

BRAHMAPUTRA INFRASTRUCTURE: Joint venture VKGA-Brahmaputra-Tribeni has got an order worth 1.17 bln rupees for construction works on the railway line between Bairabi and Sairang stations from North East Frontier Railway, Guwahati.

Morning Calls

Tata motor has launched three new models of its small commercial vehicle Tata Ace–Ace XL, Ace Zip XL and Ace Mega XL. SBI Chairman Arundhati Bhattacharya said investment climate in the country is still grim, with the annual credit growth in the banking system...

Morning Calls

The government has increased the import duty on sugar to 50% from 40% with immediate effect to counter cheap imports amid abundant supply in domestic market. ADRs of Indian company ended higher on Monday. Indian stock like #VEDL #Tatamotors #Wipro Liquor Companies...

Morning Calls

Import of aircrafts, parts on lease exempt from GST.benefited to airlines finance company also like Mega corporation , Taneja airspace and aviation benefited to, sika interplant systems ltd and all aviation stocks GSKPharma to invest Rs 1,000 crore in #Karnataka plant...

Morning Calls

TATA MOTORS: Had cut prices of commercial vehicles in the range of 0.3-8.2% to pass on the benefit of lower taxes. Stocks to watch: Positive: #Bharatforge #Redington #Emkay #Rblbank #Tatamotors Negative: #Daawat

Morning Calls

Iran To Use Rupee Accounts To Pay For Non-Oil Imports From India; Iran Likely To Add Dena Bank In New Trade Payment System CYIENT: Has signed a non-exclusive business alliance agreement with Kii corp to explore business opportunities in smart city deployments. EMAMI:...

Morning Calls

NTPC bets $10 billion on coal power despite surplus, green concerns. VideoconTelecom eyes Rs 1,115 crore businesses from CCTV solutions by 2021. Stocks to watch: Positive: #Texrail #Deltacorp #Mbecl #Videocon #Ntpc

Morning Calls

ASIAN PAINT: Paint category is astonishingly only 30-35% organized. Which means major player like Asian paints have a huge scope to further consolidate the market as GST kicks in. With strong distribution system, big branding focus and govt’s push on housing,...

Morning Calls

Whirlpool of India to invest Rs 200 crore; increase production. PowerCabinet may consider Rs 16,709 crore hydropower policy this Govt mulls hiking import duty on sugar to 60% from 40%: PTI good for sugar stock. MOIL Increases Price Of Manganese Ore Increased By Avg...

Morning Calls

VINATI ORGANICS Is expanding the manufacturing capacity of isobutyl benzene to 25,000 tn at its Mahad facility. Stocks to watch: Positive: #Vinatiorga #Jswsteel #Kamathotel

Morning Calls

Mindtree will buy back up to 43.2 lakh shares, comprising 2.5 percent of the total paid up shares. 7th Pay Commission: Cabinet approves hike in allowances for central govt staff from July 1 benefit for affordable housing housing finance com, consumer durable, Consumer...

Morning Calls

ABG Shipyard UK-based Liberty House, which recently bought TATA STEEL UK’s speciality steel business, is in talks with the company for a buyout. ONGC Has received environmental clearance for drilling five wells to explore shale gas and oil in the Krishna...

All Failures are Temporary! (Till You Stop Trying)

Today, we live in an era where we are flooded with informations. This makes us believe that success could be achieved instantly. In reality, nothing can be further from truth. For example, today’s trading community is lot more tech-savvy than those of the yesteryears....

Morning Calls

Electronics next on Aditya Birla’s Fashion & Retail store ‘The Collective’ cart. State-owned HPCL joins talks to buy stake in #Russia’s Vankor Cluster oil fields in the Arctic region. Cadila Healthcare board approves raising up to Rs...

Morning Calls

RELIANCE INFRASTRUCTURE: Subsidiary Reliance Defence has signed a memorandum of understanding at the Paris Air Show with Daher Aerospace,France, for Aerospace and Advanced Technologies.Has initiated a process to spin off a new unit, called Reliance Transport,to take...

Morning Calls

Petronet in talks to buy stake in GSPC’s Mundra LNG terminal. Delhi High Court refuses to bar Singh brothers from issuing fresh shares in Fortis. Online learning is exploding in India. Zeel, NIIT, and Educomp looks good for long term. Telecom leaders, including...

Morning Call

Crude oil near to 43$, Sectors which would benefit from falling crude oil are oil marketing companies (OMCs), Tyre industry, synthetic fiber producers, several range of businesses, which use oil derivatives as core inputs like the producers of lubricants, transformer...



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