Jamna Auto reports Q2FY19 performance; stock falls Jamna Auto reports Q2FY19 performance; stock falls DSIJ Intelligence / Monday, November 12, 2018 0 3189 Article rating: 4.2 Jamna Auto Industries Ltd. reported a positive YoY financial performance for the quarter ended September, 2018. Read more
PNB Housing Finance receives Rs. 3,500 crore from NHB PNB Housing Finance receives Rs. 3,500 crore from NHB DSIJ Intelligence / Monday, November 12, 2018 0 1483 Article rating: 4.0 PNB Housing Finance Ltd. has secured refinance sanction of Rs. 3,500 crore from the National Housing Bank (NHB). Read more
Sadbhav Infra partners with Piramal Group for road projects Sadbhav Infra partners with Piramal Group for road projects DSIJ Intelligence / Monday, November 12, 2018 0 2594 Article rating: 4.3 Piramal Group entered into an agreement with Sadbhav Infrastructure Project Ltd. (SIPL) to provide debt financing of Rs. 600 crore for the completion of road projects. The funds will be directed towards extension of facilities as growth capital and disbursement is closely tied to progress of the underlying road projects. Read more
Overnight Digest: Stocks to watch out for on November 12 Overnight Digest: Stocks to watch out for on November 12 DSIJ Intelligence / Friday, November 9, 2018 0 5422 Article rating: 4.3 The stocks most likely to witness significant movement on the bourses are Natco Pharma, Hindustan Aeronautics, Reliance Industries, Amara Raja and Indian Bank. Read more
Strides partners with SUDA Pharma in US Strides partners with SUDA Pharma in US DSIJ Intelligence / Friday, November 9, 2018 0 1786 Article rating: 5.0 Strides Pharma’s wholly-owned subsidiary, Strides Pharma Global Pte Limited, Singapore signed a partnership agreement with SUDA Pharmaceuticals Limited for the exclusive product development, licensing and supply of sumatriptan in the US market. Read more
GIL reports another blockbuster quarter GIL reports another blockbuster quarter DSIJ Intelligence / Tuesday, November 6, 2018 0 2276 Article rating: 3.7 Graphite India Limited (GIL) released data pertaining to its consolidated financial performance for the quarter ended September, 2019. Read more
HCC rises 2 per cent after board approves rights issue HCC rises 2 per cent after board approves rights issue DSIJ Intelligence / Tuesday, November 6, 2018 0 2742 Article rating: 3.7 The shares of Hindustan Construction Company (HCC) gained 2 per cent upon receiving the board’s approval for issuing equity shares by means of a rights issue. Read more
Overnight Digest: Stocks to watch out on November 6 Overnight Digest: Stocks to watch out on November 6 DSIJ Intelligence / Monday, November 5, 2018 0 1158 Article rating: 4.9 Stocks most likely to witness significant movement on the bourses on November 6 are Bosch, Lupin, Gulf Oil Lubricants, Exide Industries and GAIL. Read more
Reliance Securities reports impressive Q2FY19 performance Reliance Securities reports impressive Q2FY19 performance DSIJ Intelligence / Monday, November 5, 2018 0 2216 Article rating: 5.0 Reliance Securities, the broking and distribution division of Reliance Capital, posted a positive financial performance for the quarter ended September, 2018. Read more
Sterlite Tech to provide telecom access network solutions Sterlite Tech to provide telecom access network solutions DSIJ Intelligence / Monday, November 5, 2018 0 4512 Article rating: 5.0 Sterlite Technologies, a leading global provider of optical fibre, has ventured into the telecom network market to provide integrated services to telcos. Read more
Overnight Digest: Stocks to watch out on November 5 Overnight Digest: Stocks to watch out on November 5 DSIJ Intelligence / Friday, November 2, 2018 0 2479 Article rating: 5.0 The stocks most likely to witness significant movement on the bourses on November 5 are Maharashtra Seamless, Aditya Birla Fashion and Retail, SBI, Procter & Gamble and DLF. Read more
Overnight Digest: Stocks to watch out for on November 2 Overnight Digest: Stocks to watch out for on November 2 DSIJ Intelligence / Thursday, November 1, 2018 0 2042 Article rating: 5.0 The stocks that are most likely to witness movement on the bourses on November 2 are Tata Motors, NCC, TVS Motors, Bajaj Electricals and Atul Auto. Read more
Overnight Digest - Stocks to watch out for on November 1 Overnight Digest - Stocks to watch out for on November 1 DSIJ Intelligence / Wednesday, October 31, 2018 0 1535 Article rating: 4.8 The stocks most likely to witness movement on the bourses on November 1 are PNB Housing Finance Ltd., Lupin Ltd., Strides Pharma Science Ltd., Cochin Shipyard and GE Power India Ltd. Read more
Overnight Digest: Stocks to watch out for on October 31 Overnight Digest: Stocks to watch out for on October 31 DSIJ Intelligence / Tuesday, October 30, 2018 0 2920 Article rating: 4.2 The stocks that are most likely to witness significant movement on the bourses on October 31, 2018 are Welspun Enterprises, Tech Mahindra, TeamLease Services, Talwalkars and Navin Fluorine International. Read more
Just Dial rises 11 per cent on the back of Q2 performance Just Dial rises 11 per cent on the back of Q2 performance DSIJ Intelligence / Tuesday, October 30, 2018 0 871 Article rating: 5.0 Local search engine company, Just Dial surged 11 per cent in early trade on Tuesday on the back of improved quarterly financial performance. Read more
HDFC AMC reports positive Q2 performance HDFC AMC reports positive Q2 performance DSIJ Intelligence / Tuesday, October 30, 2018 0 1260 Article rating: 5.0 HDFC AMC has released its first quarterly performance report post its IPO in August. Read more
NTPC places order of Rs. 10,000 crore with Indian Railways NTPC places order of Rs. 10,000 crore with Indian Railways DSIJ Intelligence / Tuesday, October 30, 2018 0 1659 Article rating: 5.0 India’s largest energy conglomerate, NTPC awarded a contract of Rs. 10,000 crore to the Indian Railways. The scope of work involves transporting coal from mines to all NTPC’s plants through the fiscal year 2020. Read more
Overnight Digest: Stocks to watch out for on October 22nd, 2018 Overnight Digest: Stocks to watch out for on October 22nd, 2018 DSIJ Intelligence / Friday, October 19, 2018 0 4212 Article rating: 5.0 The stocks most likely to witness significant movement on the bourses on October 22 , 2018 are Mphasis Ltd., UltraTech Cement Ltd., ICICI Securities Ltd., Reliance Power Ltd., and Thyrocare Technologies Ltd. Read more
Mphasis reports higher profit numbers in Q2FY19 Mphasis reports higher profit numbers in Q2FY19 DSIJ Intelligence / Friday, October 19, 2018 0 1847 Article rating: 4.7 Mphasis Limited reported a consolidated net profit of Rs. 271 crore in Q2FY19 in comparison to Rs. 197.6 crore in Q2FY18, posting a 37.14 per cent growth on a YoY basis. Read more
Overnight Digest: Stocks to watch out for on October 19, 2018 Overnight Digest: Stocks to watch out for on October 19, 2018 DSIJ Intelligence / Wednesday, October 17, 2018 0 3694 Article rating: 4.6 The stocks most likely to witness significant movement on the bourses on October 19, 2018 are Cadila Healthcare, Mahindra & Mahindra, Security and Intelligence Services (India), CRISIL Ltd., Ramco Systems and ABB. Read more
Overnight Digest: Stocks to watch out for on October 17, 2018 Overnight Digest: Stocks to watch out for on October 17, 2018 DSIJ Intelligence / Tuesday, October 16, 2018 0 3238 Article rating: 4.6 The stocks most likely to witness significant movement on the bourses on October 17, 2018 are TTK Prestige Limited, Infosys Ltd., L&T Technology Services, Cochin Shipyard and ITI Ltd. Read more
Delta Corp zooms after good Q2FY19 numbers Delta Corp zooms after good Q2FY19 numbers DSIJ Intelligence / Tuesday, October 16, 2018 0 2073 Article rating: 3.7 Delta Corp has produced a very satisfactory quarterly performance as of September 2018. Read more
Overnight Digest: Stocks to look out for on October 16, 2018 Overnight Digest: Stocks to look out for on October 16, 2018 DSIJ Intelligence / Monday, October 15, 2018 0 3235 Article rating: 3.9 The stocks most likely to witness significant movement on the bourses on October 16, 2018 are Pitti Engineering Solutions, Reliance Industrial Infrastructure Limited, Natco Pharma, Avenue Supermarts and Dr. Reddy’s Laboratories. Read more
Overnight Digest: Stocks to watch out for on October 15, 2018 Overnight Digest: Stocks to watch out for on October 15, 2018 DSIJ Intelligence / Friday, October 12, 2018 0 4440 Article rating: 4.6 The stocks most likely to witness significant movement on the bourses on October 15, 2018 are Voltas Limited, Karnataka Bank Ltd., 3i Infotech, Tata Sponge Iron and Hindustan Unilever Limited. Read more
Overnight Digest: Stocks to look out for on October 12, 2018 Overnight Digest: Stocks to look out for on October 12, 2018 DSIJ Intelligence / Thursday, October 11, 2018 0 2547 Article rating: 2.6 The stocks most likely to witness significant movement on the bourses on October 12, 2018 are Sundaram Clayton Limited, Hindustan Petroleum Corporation, Bharat Petroleum Corporation, Indian Oil Corporation, IDBI Bank, Tata Consultancy Services and Aurobindo Pharma. Read more
Overnight Digest: Stocks to watch out for on October 11, 2018 Overnight Digest: Stocks to watch out for on October 11, 2018 DSIJ Intelligence / Wednesday, October 10, 2018 0 4071 Article rating: 4.2 The stocks most likely to witness significant movement on the bourses on October 11 are Bharat Dynamics, HEG Ltd., Garden Reach Shipbuilders and Engineers Ltd., Merck and Indiabulls Ventures. Read more
India to export raw sugar after 3 years India to export raw sugar after 3 years DSIJ Intelligence / Wednesday, October 10, 2018 0 3653 Article rating: 4.8 The sugar industry in India clearly recognizes the potential for business opportunities abroad. This is apparent because of the Indian sugar mills’ decision to export raw sugar for the first time in three years. Read more
BSE Sensex rises by 376.33 points BSE Sensex rises by 376.33 points DSIJ Intelligence / Wednesday, October 10, 2018 0 1062 Article rating: 5.0 The BSE Sensex was up 376.33 points at 12:21 am on Wednesday. HDFC Bank, HDFC, Larsen & Toubro and ICICI Bank were seen contributing to over 50 per cent of the Sensex gains. HDFC Bank was up Rs. 26.45 per share, while HDFC, Larsen & Toubro and ICICI Bank were up Rs. 29.85 per share, Rs. 36.60 per share and Rs. 6.90 per share, respectively. Read more
Overnight Digest: Stocks to watch out for on October 10, 2018 Overnight Digest: Stocks to watch out for on October 10, 2018 DSIJ Intelligence / Tuesday, October 9, 2018 0 2491 Article rating: 4.6 The stocks most likely to witness significant movement on the bourses on October 10, 2018 are Lupin Ltd., KEC International Ltd., Genus Power Infrastructures Ltd., SAIL and JMC Projects. Read more
Overnight Digest: Stocks to watch out for on October 9, 2018 Overnight Digest: Stocks to watch out for on October 9, 2018 DSIJ Intelligence / Monday, October 8, 2018 0 1836 Article rating: 5.0 The stocks most likely to witness significant movement on the bourses on October 9, 2018 are Aavas Financiers, SPML Infra, Yes Bank, HFCL, GMR Infra, Goa Carbons, L&T Construction. Read more
Overnight Digest: Stocks to watch out for on October 8, 2018 Overnight Digest: Stocks to watch out for on October 8, 2018 DSIJ Intelligence / Friday, October 5, 2018 0 4064 Article rating: 4.5 The stocks most likely to witness significant movement on the bourses on October 8, 2018 are Reliance Industries Ltd., JSW Energy Ltd., Thomas Cook, Maruti Suzuki India, Goa Carbons Ltd. and Jet Airways Read more
Cupid soars 5 per cent as board contemplates bonus issue Cupid soars 5 per cent as board contemplates bonus issue DSIJ Intelligence / Friday, October 5, 2018 0 1413 Article rating: 5.0 The shares of Cupid witnessed an upswing of 5.4 per cent in response to the news that the company is considering allotment of bonus shares. October 12, 2018 marks the record date to determine the eligibility of members for the bonus shares of the company. Read more
Overnight Digest: Stocks to watch out for on October 5, 2018 Overnight Digest: Stocks to watch out for on October 5, 2018 DSIJ Intelligence / Thursday, October 4, 2018 0 2222 Article rating: 4.5 The stocks most likely to witness significant movement on the bourses on October 5, 2018 are ICICI Bank, TVS Motor Company, EROS International, Lupin, and Jet Airways. Read more
JSPL reports highest ever sales for Q2 JSPL reports highest ever sales for Q2 DSIJ Intelligence / Thursday, October 4, 2018 0 4017 Article rating: 4.0 Jindal Steel and Power Limited (JSPL) produced the largest quantity of steel till date of 1.3 million tonnes in Q2FY19, registering a growth of 46 per cent on a YoY basis. The company also posted an exceptional sales performance of 1.27 million tonnes during the period, thereby improving sales figures by 53 per cent on a YoY basis. Read more
Overnight Digest: Stocks to watch out for on October 4, 2018 Overnight Digest: Stocks to watch out for on October 4, 2018 DSIJ Intelligence / Wednesday, October 3, 2018 0 3061 Article rating: 4.8 The stocks most likely to witness significant movement on the bourses on October 4, 2018 are HCL Technologies Ltd., Infosys, Amara Raja Batteries Ltd., Tata Power, Bank of Maharashtra, TVS Motor Company, L&T Ltd and Tech Mahindra. Read more
L&T secures Rs. 3,036 crore Bengaluru airport order L&T secures Rs. 3,036 crore Bengaluru airport order DSIJ Intelligence / Wednesday, October 3, 2018 0 609 Article rating: 5.0 The buildings and factories business of Larsen and Toubro secured an order of Rs. 3,036 crore from the Bangalore International Airport Limited (BAIL) to build Terminal-2 of the Kempegowda International Airport. Read more
Overnight Digest: Stocks to watch out for on October 3, 2018 Overnight Digest: Stocks to watch out for on October 3, 2018 DSIJ Intelligence / Monday, October 1, 2018 0 3120 Article rating: 4.1 The stocks most likely to witness significant movement on the bourses on October 3, 2018 are Rane Holdings, Gayatri Projects, Bharat Electrinics, Tata Motors, Lupin, and IL&FS. Read more
Bajaj Auto posts highest sales for September, stock up 17 per cent Bajaj Auto posts highest sales for September, stock up 17 per cent DSIJ Intelligence / Monday, October 1, 2018 0 1479 Article rating: 4.6 Bajaj Auto sold 5,02,009 units this September, which is 17 per cent more than the sale of 4,28,752 lakh units sold in September 2017. This is the highest ever monthly sales reported and has beaten analyst expectations. Read more
Bandhan Bank stuck in lower circuit post RBI action Bandhan Bank stuck in lower circuit post RBI action DSIJ Intelligence / Monday, October 1, 2018 0 1829 Article rating: 5.0 The newbie banking stock hit its lower circuit limit of 20 per cent after the RBI froze Bandhan's MD’s and CEO’s salary and also prohibited the company from opening new branches. Read more
Overnight Digest: Stocks to look out for on October 1, 2018 Overnight Digest: Stocks to look out for on October 1, 2018 DSIJ Intelligence / Friday, September 28, 2018 0 4253 Article rating: 4.2 The stocks most likely to witness significant movement on the bourses on October 1, 2018 are Ajmera Realty and Infra India Ltd., Tata Power, Yes Bank, Kitex Garments Ltd., Hindustan Petroleum Corporation Ltd. and Maithan Alloys Ltd. Read more
JSW Steel rises 2 per cent on replacing Lupin in Nifty50 JSW Steel rises 2 per cent on replacing Lupin in Nifty50 DSIJ Intelligence / Friday, September 28, 2018 0 1346 Article rating: 5.0 The shares of JSW Steel rose by around 2 per cent after NSE announced that it will be replacing Lupin in the benchmark NSE Nifty50 index with effect from Friday. Read more
Overnight Digest: Stocks to look out for on September 28, 2018 Overnight Digest: Stocks to look out for on September 28, 2018 DSIJ Intelligence / Thursday, September 27, 2018 0 4279 Article rating: 4.3 The stocks most likely to see significant movement on the bourses on September 28, 2018 are Bank of Baroda Ltd., Leel Electricals Ltd., SREI Infrastructure Finance, L&T and Indo Amines Ltd. Read more
Veto Switchgears and Cables bags purchase orders of Rs. 25 crore Veto Switchgears and Cables bags purchase orders of Rs. 25 crore DSIJ Intelligence / Wednesday, September 26, 2018 0 3205 Article rating: 4.2 Veto Switchgears and Cables Limited received purchase orders worth Rs. 25 crore from Rudai Lighting. The order is for the supply of LED bulbs, lights and panels. Read more
Infosys arm bags CAD 80.3 million contract Infosys arm bags CAD 80.3 million contract DSIJ Intelligence / Wednesday, September 26, 2018 0 2265 Article rating: 5.0 Infosys Public Services Inc. (IPS), a subsidiary of Infosys, landed a contract worth CAD 80.3 million by Public Services and Procurement Canada (PSPC). Read more
HFCL bags Rs. 558.36 crore order from BSNL HFCL bags Rs. 558.36 crore order from BSNL DSIJ Intelligence / Wednesday, September 26, 2018 0 1788 Article rating: 5.0 Himachal Futuristic Communications (HFCL) bagged purchase orders to the tune of Rs. 558.36 crore from Bharat Sanchar Nigam (BSNL) for Pan India Defence Communication Network. Consequently, the share price of HFCL ended higher by 2 per cent on Tuesday. Read more
Overnight Digest: Stocks to look out for on September 26, 2018 Overnight Digest: Stocks to look out for on September 26, 2018 DSIJ Intelligence / Tuesday, September 25, 2018 0 2069 Article rating: 4.6 The stocks most likely to experience significant movement on the bourses on September 26, 2018 are SJVN, Power Finance Corporation (PFC), Greenply Industries Ltd., IL&FS and Infosys. Read more
Flair Writing Industries files DRHP to raise Rs. 450 crore Flair Writing Industries files DRHP to raise Rs. 450 crore DSIJ Intelligence / Tuesday, September 25, 2018 0 2169 Article rating: 5.0 Flair Writing Industries is all set to launch an IPO as it filed a DRHP with SEBI. It aims to raise Rs. 450 crore, of which the fresh issue amounts to Rs. 330 crore, while the remaining Rs. 120 crore pertains to an offer for sale. Read more
Overnight Digest: Stocks to look out for on September 25, 2018 Overnight Digest: Stocks to look out for on September 25, 2018 DSIJ Intelligence / Monday, September 24, 2018 0 2008 Article rating: 5.0 The stocks most likely to experience significant movement on the bourses on September 25, 2018 are TVS Motor Company, Ramco Systems, Tata Power, Zensar Technologies, L&T Technology Services (LTTS) and NTPC. Read more
Generic Engineering secures orders worth Rs. 273.93 crore Generic Engineering secures orders worth Rs. 273.93 crore DSIJ Intelligence / Monday, September 24, 2018 0 1238 Article rating: 5.0 Generic Engineering Construction & Projects has bagged multiple orders amounting to an impressive sum of Rs. 273.93 crore. The orders involve work pertaining to the construction of residential buildings in Mumbai and Kalyan, construction of security complex, as well as civil and finishing work for a residential building. Read more
LTTS bags US$ 40 million deal LTTS bags US$ 40 million deal DSIJ Intelligence / Monday, September 24, 2018 0 1647 Article rating: 5.0 L&T Technology Services Limited (LTTS) secured a deal worth US$ 40 million in Europe. LTTS will provide AI and Virtual Reality based Engineering Content Management (ECM) solutions, thereby catering to the industrial products segment of a major technology corporation. Read more
NBFC stocks plummet on Friday NBFC stocks plummet on Friday DSIJ Intelligence / Friday, September 21, 2018 0 5275 Article rating: 4.0 The shares of NBFCs experienced sudden and heavy selling pressure on Friday. The rising cost of borrowing of housing finance companies is a major concern for the investors. Read more
Strides Pharma stock climbs 3.5 per cent on merger of Arrow and Apotex Strides Pharma stock climbs 3.5 per cent on merger of Arrow and Apotex DSIJ Intelligence / Friday, September 21, 2018 0 4349 Article rating: 5.0 Strides Pharma’s stock jumped 3.5 per cent during Friday’s opening trade as the decision to merge Arrow and Apotex did not face opposition by the Australian Competition and Consumer Commission (ACCC). Read more
Yes Banks ratings to remain unchanged, declares Moodys Yes Banks ratings to remain unchanged, declares Moodys DSIJ Intelligence / Thursday, September 20, 2018 0 3218 Article rating: 5.0 Moody’s retains Yes Bank’s issuer, deposit and unsecured debt rating at ‘Baa3/P-3' with stable outlook, despite a change in leadership set to take place next year. Read more
IL&FS Transportation zooms over 9 per cent upon entering settlement agreement with NHAI IL&FS Transportation zooms over 9 per cent upon entering settlement agreement with NHAI DSIJ Intelligence / Wednesday, September 19, 2018 0 1148 Article rating: 5.0 IL&FS Transportation Networks witnessed a leap of 9.3 per cent in its share price on intraday basis on Wednesday subsequent to the company signing a settlement agreement with NHAI. Read more
Stocks likely to be in focus on September 19, 2018 Stocks likely to be in focus on September 19, 2018 DSIJ Intelligence / Tuesday, September 18, 2018 0 2397 Article rating: 4.6 The stocks most likely to experience significant movement on the bourses on September 19, 2018, are Indian Hotels Company Limited, Reliance Capital and Maruti Suzuki. Read more
SME IPOs Sky Gold, Spectrum Electrical open for subscription SME IPOs Sky Gold, Spectrum Electrical open for subscription DSIJ Intelligence / Tuesday, September 18, 2018 0 3143 Article rating: 4.9 Spectrum Electrical Industries and Sky Gold Private have launched IPOs that are closing on September 21, 2018, while Garden Reach Ship is all set to launch an IPO on September 24, 2018. Read more
IPO Update: Steelmaker Shri Bajrang Power and Ispat files DRHP IPO Update: Steelmaker Shri Bajrang Power and Ispat files DRHP DSIJ Intelligence / Monday, September 17, 2018 0 4907 Article rating: 5.0 Shri Bajrang Power and Ispat Limited plans to launch an IPO comprising of equity shares of face value Rs. 10 each, amounting to a total of Rs. 500 crore. The company filed a DRHP with SEBI on September 12, 2018. Read more
Overnight Digest: Stocks to look out for on September 14, 2018 Overnight Digest: Stocks to look out for on September 14, 2018 DSIJ Intelligence / Wednesday, September 12, 2018 0 3189 Article rating: 4.1 The stocks most likely to experience significant movement on the bourses on September 14, 2018, are A2Z Infra Engineering, ITC and Godrej Consumer Products. The market will remain closed on September 13, 2018 on the occasion of Ganesh Chaturthi. Read more
KIOCL shoots up 11 per cent in anticipation of share buyback KIOCL shoots up 11 per cent in anticipation of share buyback DSIJ Intelligence / Wednesday, September 12, 2018 0 2000 Article rating: 4.5 Share price of KIOCL marked an 11 per cent intraday gain on Wednesday in anticipation of a potential buyback of shares on September 18, 2018. The decision will be taken on the same day after a meeting of the Board of Directors. Read more
GIC Re enters top 10 list of global reinsurers GIC Re enters top 10 list of global reinsurers DSIJ Intelligence / Wednesday, September 12, 2018 0 5325 Article rating: 4.8 GIC Re has emerged as the 10th largest amongst the top 40 Global Reinsurers, as reported by Standard and Poor’s. The ranking is based on the net premium booked by the reinsurer in 2018. GIC Re demonstrated 24.5 per cent growth in its top line during FY 2018, while amassing a staggering premium of Rs. 41,799 crore. Read more
Wipro partners with Duck Creek Technologies Wipro partners with Duck Creek Technologies DSIJ Intelligence / Wednesday, September 12, 2018 0 1315 Article rating: 3.1 Soap-to-software company Wipro gained after the company announced a partnership with Duck Creek Technologies, developer of software for property and casualty insurers across the globe. The partnership arrangement is such that Wipro will provide a multitude of implementation services and associated software and data solutions to insurance companies. Read more
Bharti Airtel receives demand notice for penalties of Rs. 11 lakh Bharti Airtel receives demand notice for penalties of Rs. 11 lakh DSIJ Intelligence / Wednesday, September 12, 2018 0 1348 Article rating: 5.0 The shares of Bharti Airtel Limited took a hit of around 2 per cent as the company was issued a demand notice, charging penalties worth Rs. 11 lakh for the quarter ending March 2018. Read more
Sun Pharma falls as USFDA investigates Mohali plant Sun Pharma falls as USFDA investigates Mohali plant DSIJ Intelligence / Wednesday, September 12, 2018 0 3741 Article rating: 4.3 Sun Pharma’s Mohali plant in Punjab is undergoing a three-day surprise investigation by the USFDA. The investigation commenced on September 10, 2018, confirmed the company in an exchange filing. The company is of the opinion that the investigation will not cause any material impact. Read more
UltraTech Cement joins EP100, commits to doubling energy productivity UltraTech Cement joins EP100, commits to doubling energy productivity DSIJ Intelligence / Tuesday, September 11, 2018 0 1499 Article rating: 5.0 On 11th September, 2018, UltraTech Cement announced its decision to join EP100, thereby committing to double its energy productivity. The company has set a target to lower its carbon intensity by 25 per cent by 2021, as notified in a press release. Thus, this decision reestablishes their commitment toward making considerable improvements in energy productivity, thereby paving the way for sustainable business growth. Read more
Overnight Digest : Stocks to look out for on September 11 Overnight Digest : Stocks to look out for on September 11 DSIJ Intelligence / Monday, September 10, 2018 0 1928 Article rating: 5.0 The following stocks hit 52-week high on September 10, 2018 – Axis Bank Limited, GlaxoSmithKline Pharmaceuticals Limited, JSW Steel Limited, LGB Forge Limited and Lincoln Pharmaceuticals Limited. These stocks might be in action in tomorrow’s trading session. Read more
Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive DSIJ Intelligence / Monday, September 10, 2018 0 1376 Article rating: 5.0 The FMCG sector is considered defensive and resilient. However, recently the FMCG stocks were among the top losers on the NSE. The Nifty FMCG index closed down by 1.73 per cent at 30,811.60. Read more
Tata Motors dips 2 per cent after JLR sales plummet Tata Motors dips 2 per cent after JLR sales plummet DSIJ Intelligence / Monday, September 10, 2018 0 1433 Article rating: 5.0 Jaguar Land Rover sales dropped by 4.9 per cent (YoY) to 36,629 units in the month of August. Consequentially, in the Monday morning trade, the stock of Tata Motors witnessed a 2 per cent drop. The stock reported an intraday high of Rs. 276.30 and an intraday low of Rs. 272 per share. Read more