What does the F&O market suggest about todays trade?
What does the F&O market suggest about todays trade?

What does the F&O market suggest about todays trade?

The highest put writing was seen at strike price of 17,600 followed by 17,400 in yesterday's trade

DSIJ Intelligence Article rating: 5.0

Highest total put open interest of 81062 contracts stood at strike price 18,000, which will act as a crucial base for the market in the October series.

Tech Mahindra announces acquisition plans to bolster digital offerings
Tech Mahindra announces acquisition plans to bolster digital offerings

Tech Mahindra announces acquisition plans to bolster digital offerings

The company has approved the acquisition of two wholly-owned subsidiaries - Infostar LLC by Tech Mahindra (Americas) Inc and WMW by Born London Limited, UK.

Shreya Banthia Article rating: 5.0

The acquisition will bolster Tech Mahindra’s end-to-end digital product engineering capability across Design, Build, and Test, by employing Loadstone’s expertise in effective utilization of data strategy and providing end-to-end product quality assurance across hardware, software, and data layers

We Make Websites will add to Tech Mahindra’s capabilities in the Experience Design pillar and help build an industry-leading Shopify Practice.

SRF Ltd slumps 6 per cent despite double-digit growth in Q2FY22
SRF Ltd slumps 6 per cent despite double-digit growth in Q2FY22

SRF Ltd slumps 6 per cent despite double-digit growth in Q2FY22

With an increase in prices of key raw materials and logistics costs and various challenges linked to supply chain disruptions, the company was able to deliver good numbers.

DSIJ Intelligence Article rating: 4.8

In Q2FY22, on a consolidated basis, the company’s revenue stood at Rs 2,843 crore, an increase of 35 per cent on a YoY basis. EBIT increased by 19 per cent YoY to Rs 570 crore. However, the EBIT margin for the quarter contracted by 270 bps YoY and stood at 19.58 per cent

Overnight Digest: Keep a watch on these stocks for October 26
Overnight Digest: Keep a watch on these stocks for October 26

Overnight Digest: Keep a watch on these stocks for October 26

DSIJ Intelligence Article rating: 2.9

On Monday, equity markets settled  on a flat note in a volatile trading session, taking a breather after the recent fall. The benchmark indices failed to hold the gains and started drifting lower as the session continued. 

Tata Power achieves milestone of setting up over 1000 EV charging stations
Tata Power achieves milestone of setting up over 1000 EV charging stations

Tata Power achieves milestone of setting up over 1000 EV charging stations

This is a big step towards achieving green mobility in India.

DSIJ Intelligence Article rating: 3.4

Tata Power has again delivered a milestone that it had promised its shareholders. This is a big step towards achieving the green mobility dream of India. With the rising prices of petrol and diesel, a need for EV vehicles was realized by customers. 

Mindtree partners with ServiceNow to launch industry-specific IoT solutions
Mindtree partners with ServiceNow to launch industry-specific IoT solutions

Mindtree partners with ServiceNow to launch industry-specific IoT solutions

Through this partnership, Mindtree shall enable enterprises in industry sectors like manufacturing and consumer goods to put their IoT data to work for improved decision-making and smarter operations.

DSIJ Intelligence Article rating: 5.0

Through this partnership, Mindtree shall enable enterprises in industry sectors like manufacturing and consumer goods to put their IoT data to work for improved decision-making and smarter operations. 

Overnight Digest: These small caps will be in focus on Tuesday
Overnight Digest: These small caps will be in focus on Tuesday

Overnight Digest: These small caps will be in focus on Tuesday

Bank stocks thrust to limelight with stellar Q2FY22 earnings reported by ICICI Bank. BSE Mid-cap and Small-cap lost 1.65 per cent and 1.76 per cent respectively. 

DSIJ Intelligence Article rating: 3.5

Sensex jumped 145.43 points i.e. 0.24 per cent to end at 60,967. Frontline index Nifty ended flat by gaining only 0.06 per cent.

Prakash Industries Q2FY22 net profit zooms 371 per cent on YOY basis
Prakash Industries Q2FY22 net profit zooms 371 per cent on YOY basis

Prakash Industries Q2FY22 net profit zooms 371 per cent on YOY basis

The company plans to further enhance the production capacity in the following quarters which shall also contribute significantly to the margins of the company.

DSIJ Intelligence Article rating: 3.7

Prakash Industries achieved net sales of Rs 894 crore and EBITDA of Rs 101 crore, reflecting growth of 17 per cent and 55 per cent respectively over the corresponding quarter of the last financial year.

Best performing Index Funds and ETFs
Best performing Index Funds and ETFs

Best performing Index Funds and ETFs

DSIJ Intelligence Article rating: 4.5

Index funds and Exchanged Traded Funds are passively managed funds, unlike other mutual fund schemes that are actively managed. 

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