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Weekly Report as on 09.07.2018

Nifty (CMP: 10772) Last week saw a quiet choppiness in Nifty where it stayed within previous week’s range but it closed significantly away from its low. However, in spite of these, Nifty is still trading above major moving averages like 50, 100 & 200 day...

Weekly Report as on 02.07.2018

Nifty (CMP: 10821) Last week saw a volatile phase in Nifty where previous week’s low was taken out but it closed off its low, although the closing was 107 points lower than previous week. However, on a monthly basis, Nifty saw a minor loss of 21 points or 0.20%. And...

Weekly Report as on 25.06.2018

Nifty (CMP: 10821) Last week saw a volatile phase in Nifty where previous week’s low was taken out but it closed off its low and almost unchanged on weekly basis. However in spite of that Nifty is still trading above all major moving averages like 50, 100 & 200...

Weekly Report as on 18.06.2018

Nifty (CMP: 10817) Last week saw a volatile phase in Nifty where previous week’s high was taken out but it closed off its high. However in spite of that we got a closing 40 points higher and combined with the fact that Nifty is still trading above all major moving...

Weekly Report as on 11.06.2018

Nifty (CMP: 10767) Last week saw a volatile period in Nifty where both previous week’s high & low were briefly taken out but it did not put up any continued movement in either direction. But in spite of that we got a closing above previous week’s high and that,...

Weekly Report as on 04.06.2018

Nifty (CMP: 10696) Last week saw a consolidation phase in Nifty which remained in a quiet choppy period but gained 91 points on weekly basis. Nifty is still trading above all major moving averages like 50, 100 & 200 day denominations & it puts the odd in...

Weekly Report as on 28.05.2018

Nifty (CMP: 10605) Last week saw a failed attempt on part of Nifty to violate 10400 downward but it consequently recovered all losses and in fact closed 9 points higher on weekly basis. Nifty is now trading above all major moving averages like 50, 100 & 200 day...

Weekly Report as on 21.05.2018

Nifty (CMP: 10596) The last week saw a failed attempt on part of the Nifty to register fresh high. The index consequently clocked lower closing 4 days in a row. Notwithstanding the bearish engulfing pattern on weekly chart, chances are high that an intermediate top...

Weekly Report as on 14-05-2018

Nifty (CMP: 10806) After a brief pull back, Nifty resumed its intermediate uptrend previous week & closed at nearly 3 month high. However, for the intermediate uptrend to survive, Nifty now must not close below 10618 regions which happen to be the low of the past...

Proficient Analysis & views for May 11.

PC Jeweller board approves buyback of 1.2 Cr. shares not exceeding Rs 424 Cr. at a price of Rs 350 each. CMP Rs. 207. Pennar Industries receives multiple orders worth Rs 492 Cr.. Titan Co (Q4, YoY): Net sales up 11.7 % at Rs 3916 Cr. Ebitda up 67 % at Rs 454 Cr....

Proficient Analysis & views for May 10.

Chinese e-vehicles giant BYD could set up unit in Hyderabad. Welspun Enterprises emerges as L1 for road project in Tamil Nadu at Bid price of Rs 1,837 crore. Star Cement alongwith its subsidiaries received Rs 200.05 crore towards subsidies claim from the Central...

Proficient Analysis & views for May 09.

Trump Says He’ll Exit Iran Nuclear Deal and Reinstate Sanctions. Crude oil price will go up. Oil Exploration Company will be biggest beneficiary. Focus on #HINDOILEXP #VEDL. Positive for basmati rice exporter like #KRBL # DAAWAT Negative for #Paint #Aviation...

Proficient Analysis & views for May 08.

Veto Switchgears receives order worth Rs 25 crore for “Vyoma” range of Modular switches. Pfizer (Q4, YoY): Revenue up 19 % at Rs 520 crore. Net profit up 42.5 % at Rs 152.5 crore. EBITDA up 46 % at Rs 138 crore. Margin at 26.5 % versus 21.6 %. JK Agri Genetics (Q4,...

Weekly Report as on 07-05-2018

Nifty (CMP: 10618) After 5 weeks of consecutive rise, Nifty falls for the 1st week but still continues to maintain above all the major moving averages, which is a significant sign of strength. However, for the intermediate uptrend to survive, Nifty now must not close...

Proficient Analysis & views for May 07.

Tyre companies raise prices up to 3 % on back of rising input costs. Focus on Tyre stocks #JKTYRE #CEATLTD Bodal Chemicals to acquire land at PCPIR, Dahej from GIDC for future expansion and new projects Blackstone buys Indiabulls asset in Tamil Nadu for Rs 900 crore....

Proficient Analysis & views for May 04.

Tata Motors to sell its defense and aerospace portfolio to Tata Advanced Systems Limited (TASL) to unlock their full potential. J Kumar Infraprojects wins order worth Rs 445 crore for Pune metro. Bharti Airtel planning to raise $1.5 bn by diluting about 1-4th/25% of...

Proficient Analysis & views for May 03.

Sical Logistics wins LoA worth 1345 Cr by Northern Coalfields. Lemon Tree Opened new hotel in Srinagar Presently operate 4,907 rooms in 49 hotels across 31 cities Plan to operate 78 hotels with 8,152 rooms, across 54 cities by FY 2021. Techno Electric Agreement signed...

Proficient Analysis & views for May 02.

#GST Revenue collection for April 2018 exceeds Rs.1 lakh crore. (MOF) IOC hikes Jet Fuel Prices to Rs 65340/kL  Vs Rs 61450/kL. Big Negative of #Aviation Sector. Schneider Electric enters into definitive agreement with Larsen & Toubro to buy its electrical &...

Weekly Report as on 30.04.2018

Nifty (CMP: 10692) After 4 weeks of consecutive fall, Nifty gained for 5 weeks & continues to maintain above all the major moving averages, which is a significant sign of strength. However, for the new found strength to survive, Nifty now must not close below...

Proficient Analysis & views for Apr 30.

Jagran Prakashan to buyback upto 1.5 crore shares or 4.82 % equity at a price of Rs 195. (CMP- Rs. 165) MCX Q4 (YoY): Revenue up 13 % at Rs 70.6 crore. Net Profit up 56.5 % at Rs 34.2 crore. Ebitda up 77 % at Rs 23 crore. Margin at 32.5 % versus 20.7 %. RBL Bank Q4...

Proficient Analysis & views for Apr 25.

Kitex Garments will form two new subsidiaries and invest Rs 200 crore in each of them. Zydus Cadila gets final approval from U.S. FDA for Methylprednisolone. Syngene International Q4 (YoY): Revenue up 40.5 % at Rs 409 crore. Net profit up 8 % at Rs 84 crore. Margin at...

Proficient Analysis & views for Apr 25.

Raymond board approves Rs 300 crore development plan for 20 acres land at Thane. Autoline Industries in pact with Tae Sung, Korea. Ashoka Buildcon executes concession pact for Karnataka road project. Strides Shasun will Divest Its Stake In Stride Chemicals For Rs 131...

Proficient Analysis & views for Apr 24.

US reconsiders penalties against Russian competitor. LME Aluminum post biggest drop since 2009. Very Negative for #Vedl #Hindalco #Nalco Government Exploring Sugar Cess And A GST Cut On Ethanol. Positive for #Sugar Industry. #AVADHSUGAR #BALRAMCHIN #DWARKESH to be on...

Weekly report as on 23.04.2018

Nifty (CMP: 10464) After 4 weeks of consecutive fall, Nifty rose for 4 weeks & continues to maintain above all the major moving averages, which is a significant sign of strength. However, for the new found strength to survive, Nifty now must not close below 10390...

Proficient Analysis & views for Apr 23.

HDFC Bank (Q4, YoY): NII up 17.7 % to Rs 10,658 Cr. Net Profit rose 20.3 % to Rs 4,799 Cr. Net NPA at 0.40 % versus 0.44 % in Q3. Indian Hume Pipe Company secures Rs 578.50 crore order from Madhya Pradesh Jal Nigam Maryadit. Dilip Buildcon has incorporated three new...

Proficient Analysis & views for Apr 20.

Glenmark Pharma gets final US FDA nod for the generic version of Temovate. Kakatiya Ceement resumes operation at Telangana plant ager closure on pollution grounds. Thomas Cook approved acquisition of 4.44 percent stake in Travel Corporation (India) for Rs 16.69 crore....

Proficient Analysis & views for Apr 19.

Dynamatic Technologies signed MoU with France’s Daher Aerospace. Parag Milk acquires Danone Foods’ manufacturing facility GEE to enter into pact with Avion Investments for development of IT Pak Project at Thane Plant. Mindtree (Q4, YoY): Revenue up 10.9 % at Rs...

Proficient Analysis & views for Apr 18.

Vedanta’s resolution plan for Electrosteel Steels approved by NCLT. Fortis Healthcare received non-binding interest from Fosun. Indian Hume Pipe Company Ltd received order of Rs. 108.19 crore. AstraZeneca to invest USD 90 million over the next five years in India....



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