Morning Calls

Government clarifies that it won’t interfere in pricing by oil companies. Focus on #BPCL #HINDPETRO #IOC Tata Chemicals to sell its phosphatic fertiliser business to Indorama Holding BV, Netherlands for Rs 400-500 cr. Thermax bags EPC order worth $43 million from UAE...

Morning Calls

Ravi Shankar Prasad on Cabinet decisions: Rs 10881 cr dairy processing infra development fund approved by cabinet. Tata Global Beverages in focus. Proposes to sell up to 1.05 cr shares of Tata Chemicals to Tata Sons on or after September 18. Tata Motors Global...

Morning Calls

Thyssenkrupp may reach preliminary Tata Steel deal this month. Mawana Sugar: PAT up 12 times to 36 cr, EBITDA up by 63%, Margin 8.6% Vs 6.9%. Vedanta ADR surged most among Indian ADRs on NYSE, Up by 2.5%. Indiabulls Real Estates acquires 13519 SqMts commercial land on...

Weekly Report on 11.09.2017

Previous week’s movement in Nifty was grossly insignificant and we are still waiting for a decisive break out above 9990 or below 9855 to get the next directional movement of the index. However, the market breadth has not turned negative & there is nothing to...

Morning Calls

Century Textiles to sell its paper division & explore merger with Grasim as part of a plan to synergise operations. SAIL clocks 7% sales rise during April-August on output boost. Asian Oilfields posted good quarterly result. Net profit of 11 cr Vs net loss of 6...