Auto sector woes grow as sales drop further
Auto sector woes grow as sales drop further

Auto sector woes grow as sales drop further

Nidhi Jani Article rating: 5.0

Following weak auto sales numbers, the NIFTY Auto index made an intraday low of 6888.30 and at the end of the session NIFTY Auto index was trading at 6939.25, down by 70 points.

Ten stocks close to their 52-weeks high
Ten stocks close to their 52-weeks high

Ten stocks close to their 52-weeks high

Anupama Pattanaik Article rating: 3.2

The markets on September 03, 2019 opened gap down. BSE Sensex is trading at 36,617.68, down by 715.11 points and the Nifty is trading at 10,816,45, down by 206.80 points.

RITES gains on inking recovery agreement
RITES gains on inking recovery agreement

RITES gains on inking recovery agreement

Nidhi Jani Article rating: 5.0

The company has agreed to withdraw the arbitration proceedings on receipt of the total payment. Out of this amount, around Rs. 66 crore is towards principal which is already provided for in the books of the company and around Rs. 26 crore is towards interest income which is not yet recognised due to uncertainty.

V-Mart Retail to invest Rs. 115 crore in FY20
V-Mart Retail to invest Rs. 115 crore in FY20

V-Mart Retail to invest Rs. 115 crore in FY20

Nidhi Jani Article rating: 5.0

The company is also is planning to appoint 2,000 people. The company’s manpower cost has grown to 8.2 per cent (as a percentage of sales) in Q1FY20 as compared to 7.8 per cent in the corresponding quarter last year. Talking about the contribution from private labels, the company is hoping to achieve 75 per cent share from the same vs 70 per cent at present.

Titagarh Wagons rallies on launching second research vessel
Titagarh Wagons rallies on launching second research vessel

Titagarh Wagons rallies on launching second research vessel

Nidhi Jani Article rating: 5.0

In the next few months, Sagar Anveshika will undergo outfitting of accommodation areas as well as fitment of scientific instruments in the laboratories. The company aims to deliver the vessel to NIOT by December 2019, again almost 3 months ahead of schedule.

Five stocks with selling interest
Five stocks with selling interest

Five stocks with selling interest

Anupama Pattanaik Article rating: 4.5

Overall volumes in futures & options currently stand at 1,41,65,131 contracts with a turnover of Rs. 9,28,907.05 crore.

Five stocks with buying interest
Five stocks with buying interest

Five stocks with buying interest

Anupama Pattanaik Article rating: 3.0

Overall volumes in futures & options currently stand at 1,41,65,131 contracts with a turnover of Rs. 9,28,907.05 crore.

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