Review on 2 stocks recommended in past

Fundamental Analysis of 2 Stocks (with 180 days horizon)

The stock is likely to keep its upward momentum alive in the short term.

The consolidated revenues of Onward Technologies Limited (OTL) rose 10 per cent YoY to Rs. 65.28 crore in Q3FY19 from Rs. 59.33 crore in Q3FY18. Consolidated EBITDA reached Rs. 6.21 crore in Q3FY19 from Rs. 2.64 crore in Q3FY18, thereby rising 135 per cent.

The countdown to the interim budget (IB) for FY20 has begun. The time is ticking fast and, instead of months or weeks,one is talking in terms of days. The forth coming budget will be an ‘interim budget’ and not a regular Union budget.

The following stocks would be in focus during Friday’s trading session in light of their results announcement on January 25 : DHFL, GRUH Finance, L&T, Maruti Suzuki and Mahindra & Mahindra Finance. 

Yes Bank announced fairly stable results for Q3FY19 during market hours on Thursday. Bank named Ravneet Gill as the new MD and CEO with effect from March 1. 

Edelweiss Financial Services (EFS) reported a rise of 25 per cent YoY in the total income of Rs. 2,791 crore in Q3FY19 as against Rs. 2,224 core in Q3FY18. However, PAT dropped to Rs. 226 crore in Q3FY19 from Rs. 235 crore in Q3FY18, thereby sinking 4 per cent YoY. 

The company's net profit fell 75 per cent on year-on-year basis, as it had reported a net profit of Rs. 762 crore in the same period last year. The drop in the profit was due to 31 per cent increase in fuel cost and depreciation of the Indian rupee during this quarter when compared to the same period last year.

Leading pharma company Dr. Reddy's Laboratories launches propofol injectable emulsion, USP in the US market. The drug is a therapeutic equivalent and a generic version of anaesthesia drug Diprivan injectable emulsion approved by the US drug regulator.

Following stocks are close to their 52-week low as at 12.45 p.m. on January 24, 2019.

The markets on January 24, 2019 opened gap down. BSE Sensex is trading at 36,097.45, down by 11.02 points and the Nifty is trading at 10,820.75, down by 10.75 points. 

Reclassifying mutual fund categories, SEBI introduced one new category under the broader category of equity schemes, viz. Large & mid-cap category. Let’s find out whether is it worth investing in this new category or you can just ignore it.

Overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 8,22,817.44 crore.

Overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 8,22,817.44 crore.

Going ahead, all eyes would on the key support zone, which is placed around 10,800. As long as the index trades above this level, there would be no structural damage. Stocks in news: MEP Infrastructure Developers, IDBI Bank, Infosys, Bharat Financial Inclusion and Vodafone Idea.

Indian indices are likely to open with modest gains as cues from Asia markets are mixed.  The SGX Nifty indicates Nifty is likely to open around 10,861, up by 20 points. The earnings of Yes Bank, Ultratech Cement, Sunteck, Sterlite Technologies, PVR, Pfizer, NIIT Ltd, Mphasis, Biocon, Colgate Palmolive are scheduled for today. 

Before going for any health insurance plan you must know what are the different types of health insurance so that you can pick the right one. Read on to find out more.

Essel Propack Limited reported its results for the quarter ended December 31, 2018 after market hours on Wednesday. The consolidated numbers were largely stable and in-line with street estimates.

Bharat Heavy Electrical Limited (BHEL), country's leading PSU, bagged order from Maharashtra State Power Generation Company (Mahagenco) for power project's emission control equipment.

The following stocks would be in focus during Thursday’s trading session in light of their results announcement on January 24: Biocon, Jyothy Laboratories, PVR, Yes Bank and Supreme Industries.

The company’s net interest income (NII) for the quarter came in at Rs 136 crore as against Rs 127 crore in the corresponding quarter last year, registering 6.9 per cent increase on a yoy basis.

The stock of Premier Explosives was on a northward spree on Wednesday following the company's result announcement for the December quarter. The company's profit jumped 4-folds in Q3FY19.

The revenue from cigarettes grew by 9.6 per cent YoY. Also, the revenue from hotels, agribusiness and packaging grew by 11.7 per cent, 25.7 per cent and 20.5 per cent, respectively on YoY basis.

Glenmark  Pharma has received approval from the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg. The drug is a generic version of Zytiga tablet sold by Janssen Biotech.

VA Tech Wabag has secured Rs. 467 crore order. The shares of the company are trading in green on Wednesday. 

Following stocks are close to their 52-week low as at 2.08 p.m. on January 23, 2019.

Liquid MFs are popular with investors who demand maximum safety. These funds have historically given better returns compared to that of bank accounts. Are they still better than savings accounts? Let’s find out.

The markets on January 23, 2019 opened gap down. BSE Sensex is trading at 36,438.04, down by 6.60 points and the Nifty is trading at 10,927.95, down by 5.20 points. 

Chennai-based industrial infrastructure developer RPP Infra Projects Limited has won an order worth Rs. 62.9 crore from Bharat Heavy Electrical Limited. 

JMC Projects (India) Limited, a Mumbai-based EPC company, bagged Rs. 507 crore order for its commercial business in South India. 

Many people are keen to know what mutual fund managers bought and sold. Read on for an analysis of top 5 stocks that attracted fund manager's attention.

The company has received a Letter of Intent (LOI) from Adani Green Energy for developing 501.6 megawatt wind power project.

Overall volumes in futures & options currently stand at 89.89 lakhs contracts with a turnover of Rs. 5,55,380.73 crore.

Overall volumes in futures & options currently stand at 89.89 lakhs contracts with a turnover of Rs. 5,55,380.73 crore.

confidence petroleum india's consolidated revenue for the quarter came in at rs. 283 crore, registering 15.3% yoy increase. this was primarily driven by growth in both cylinder and lpg divisions, which grew around 12.3 per cent and 17 per cent yoy, respectively.

Havells India Limited gave a breakout of the symmetrical triangle along with robust volumes, on Tuesday. Additionally, the stock formed a sizeable bullish candle, which adds strength to the breakout.

The pattern on the daily chart shows that the index is in the ascending triangle formation, however, a resolute breakout will occur only after the index moves past the level of 10,987. Stocks in news: Va Tech Wabag, IL&FS Engineering and Construction Company, Shriram Transport, Cyient, IL&FS Transportation Networks, Walchandnagar Industries and Reliance Industries.

Indian markets are expected to witness a flat start as Asian peers are lacking clear direction. The SGX Nifty indicates Nifty is likely to open around 10,947, up by 15 points. The earnings of Indigo, ITC, Pidilite Industries, Radico, Raymond, Ujjivan, United Spirits, Vijaya Bank are scheduled to be announced today. 

The stocks most likely to witness significant movement on the bourses on January 23, 2019 are Reliance Nippon Life Asset Management, Shree Cement, Opto Circuits (India), Aurionpro Solutions and Relaxo Footwears.

The following stocks would be in focus during Wednesday’s trading session in light of their results announcement on January 22: BASF, ITC, Pidilite Industries, JM Financials and Interglobe Aviation.  

Asian Paints Limited reported good topline numbers for Q3FY19 despite high raw material prices in the December quarter. 

In recent times it has been seen that passively managed funds have performed really well. Index funds are no exception. So is it possible to create wealth with index funds? Let’s find out.

We are now in mid of FY19 third quarter’s earning seasons and around 14 companies from BSE 100 index have reported their third quarter’s result. On aggregate basis these 14 companies have managed to post stellar net sales performance by recording around 38 per cent growth from corresponding quarter of previous year.

India’s top, Asia's third-largest and one of the world's top decorative coating companies, Asian Paint will report its December quarter results today. Here is a sneak-peek to the stock's technical position.

After hitting recent low of US$50 for a barrel, Brent crude is heading northward as the US rig count last week indicated a slowdown in shale drilling.

Following stocks are close to their 52-week low as at 12.42 p.m. on January 22, 2019.

The markets on January 22, 2019 opened gap down. BSE Sensex is trading at 36,345.14, down by 233.82 points and the Nifty is trading at 10,884.40, down by 77.45 points. 

The stock has formed a contracting triangle kind of a pattern and the volumes and price movements are getting squeezed.

Indian search engine and listing company Just Dial's results were above market estimates with revenues up by 15.2 per cent at Rs. 226.8 crore and profit doubling to Rs. 57.3 crore.

Prabhat Dairy’ board of directors approved the sale of Sunfresh Agro Industries Private Limited, wholly-owned, step-down subsidiary to Tirumala Milk Products Private Limited for an overall consideration of around Rs. 1,700 crore.

Overall volumes in futures & options currently stand at 87.25 lakhs contracts with a turnover of Rs. 5,47,130.74 crore.

Overall volumes in futures & options currently stand at 87.25 lakhs contracts with a turnover of Rs. 5,47,130.74 crore.

Going ahead, it is important for the index to stay above 10,920-10,950. Stocks in news: Coromandel International, Power Grid and IDBI Bank.

Indian indices are set for a quiet start this morning as cues from Asia markets are lacklustre for now and as the US markets were closed overnight for holiday. The SGX Nifty indicates Nifty is likely to open flat at 10,957, down by 5 points. Among results to watch include Asian Paint, Havells, HDFC Life, Oberoi Realty and TVS Motor. 

The stocks most likely to witness significant movement on the bourses on January 22, 2019 are IRB Infrastructure, Union Bank of India, L&T, Kotak Mahindra Bank and Lupin.

The stock has given a bounce from the edge of the upward sloping trendline formed by joining swing lows from October 24, 2018. Additionally, the stock formed a sizeable bullish candle which suggests bulls are taking control near the support zone.

The housing finance company HUDCO reported a 27 per cent growth in net profit on a YoY basis. Reacting the results, the stock of HUDCO surged to 10 per cent intraday high on Monday.

On Monday, the United Breweries Limited has given a breakout of ascending triangle pattern. The breakout was supported by volume spurts. 

List of top 5 companies (above Rs. 500 crore market cap) that have achieved highest rise and biggest fall in their net profits in the last four quarters.

Zydus Cadila today informed the bourses that it has received tentative USFDA approval to market Esomeprazole magnesium delayed-release capsules. These tablets are used to treat certain stomach and esophagus problems such as acid reflux, ulcers, etc.

The following stocks would be in focus during Tuesday’s trading session in light of their results announcement on January 22: Asian Paints, Havells, TVS Motor Company, Oberoi Realty and Shree Cement. 

The listed entity of Muthoot Pappachan Group, Muthoot Capital Services announced its Q3FY19 earnings. The NBFC gave a stellar performance for the quarter, however the shares of the company were volatile on Monday.

The pharmaceutical company has received approval from the USFDA for an ANDA for 100mg and 400mg tablets of Imatinib Mesylate. The shares of the company climbed approximately 3.4 per cent on Monday.

PSP Projects' total work orders on a standalone basis stood at Rs. 1,376.79 crore, till date in FY19. While as on September 30, the company's order book stood at Rs. 2,576 crore, which are to be executed in the next 24 to 30 months.

Following stocks are close to their 52-week low as at 12.29 p.m. on January 21, 2019.

The markets on January 21, 2019 opened up. BSE Sensex is trading at 36,621.48, up by 234.87 points and the Nifty is trading at 10,962.20, up by 55.25 points. 

The company has informed that it has received the internationally recognised CE Marking Certificate from SGS United Kingdom Limited, following which the stock was up more than 4 per cent in the morning session on Monday.

IDBI Bank allotted 82,75,90,885 equity shares to Life Insurance Corporation of India (LIC). This marks the completion of the acquisition of 51 per cent stake by LIC.

Larsen & Toubro Infotech reported PAT of Rs. 375.5 crore for the December quarter, which is an increase of 32.77 per cent YoY.

Mutual Fund houses offer various types of funds for various needs and one such category of funds are hybrid funds. So should you invest in hybrid mutual funds? Let’s find out.

The central public sector undertaking (CPSE) company's total order amounting to Rs. 1,011.41 crore contributed towards capex which would be completed in one year and Rs. 190.04 crore will be attributed to maintenance.

Stock market regulator SEBI has rejected Larsen & Toubro's (L&T) planned buyback of 6 crore equity shares by tender offer route from the stock exchange. The stock of L&T was down nearly 2 per cent in early morning trade on Monday.

Overall volumes in futures & options currently stand at 82.07 lakhs contracts with a turnover of Rs. 5,13,332.07 crore.

Overall volumes in futures & options currently stand at 82.07 lakhs contracts with a turnover of Rs. 5,13,332.07 crore.

A decisive move beyond the level of 10,950 may open gates for further upside towards the levels of 11,050-11,090. Stocks in news: ITI, PSP Projects, BPCL, Vascon Engineers and LT.

The cues from the global markets are cheerful on hopes of easing trade tensions and the set-up is ideal for Indian markets to have a head-start. The SGX Nifty indicates Nifty is likely to open with a gain of 0.18 per cent at 10,955. Some of the big names like Hindustan Zinc, HDFC AMC, Just Dial, Kotak Bank, L&T Finance Holdings and Union Bank will report their quarterly earnings today. 
  

Other than profit and loss, an important thing that investors watch out for during the earnings season are dividend or bonus share. Read on to know which stocks will be on investor radar this week.

The following stocks would be in focus during Monday’s trading session in light of their results announcement on January 21: Union Bank of India, L&T Finance Housing, Housing and Urban Development Corporation, Hindustan Zinc and Kotak Mahindra Bank.

HDFC Bank posted a good set of numbers for the quarter ended December 31, 2018. The bank’s Net Interest Income (NII) grew by 21.9 per cent with a net interest margin of 4.3 per cent.

Here is a list of New Fund Offers from various mutual fund houses that are open for subscription in the month of January.

Surya Roshni has won a contract worth Rs. 45.67 crore from the Energy Efficiency Services. Reacting to this development, the shares of the company gained 2 per cent intraday on Friday.

The stocks most likely to witness significant movement on the bourses on January 21, 2019 are Dhanuka Agritech, Cox & Kings, Sun Pharmaceutical Industries, Wipro and MOIL.

Non-Banking Finance Companies (NBFCs) went from boom to gloom in 2018. Every other multi-bagger stock in the Indian equity market used to be NBFC company, but that was until the IL&FS defaults surfaced. 

Kajaria Ceramics reported its results for the quarter ended December 30, 2018 on Friday. The company's consolidated revenue for the quarter came in at Rs. 758.56 crore as against Rs. 661.16 crore in the corresponding quarter last year, registering 14.7 per cent YoY increase. 

Sun Pharma stock on Friday corrected sharply after a new whistle-blower complaint was sent to SEBI against the company.

The year 2018 was very volatile for large-cap stocks. The S&P BSE Large-cap index has struggled in the last one year and currently, it has settled at the same level where it was one-year back at 4,223. It had touched a 52-week high of 4,573.03 on September 3, 2018, and 52-week low of 3,867.52 on October 26, 2018.

Gold prices have formed a contracting triangle kind of pattern and the volume and price movement are getting squeezed.

Reliance Industries posted solid Q3FY19 show and became the first Indian private firm to cross Rs. 10,000 crore quarterly profit mark, on account of strong performance by petrochemicals, retail and digital services business.

Shares of the pharma major Sun Pharmaceutical tanked by 10 per cent in early trade on Friday. Read on to find the MF schemes that are most impacted by this fall.

Global chemicals major BASF and Adani Group are exploring acrylics value chain business opportunities out of Mundra, Gujarat. The two companies are planning to jointly produce several chemicals for the domestic industry.

Following stocks are close to their 52-week low as at 12.45 p.m. on January 18, 2019.

The markets on January 18, 2019 opened up. BSE Sensex is trading at 36,272.17, down by 101.91 points and the Nifty is trading at 10,874.00, down by 31.20 points. 

 This expansion would lead the company to capture the Delhi NCR market, which is the largest milk market of the country worth Rs. 11,000 crore. The company has witnessed 28 per cent CAGR growth in the revenue from ‘Pride of Cows’ over FY13-18.

HUL witnessed strong volume-driven growth in Q3FY19. The domestic consumer segment registered a growth of 13 per cent while the underlying volume growth stood at 10 per cent.

Rallis India posted positive results for the quarter ended December 31, 2018. The company also announced a merger with Metahelix Life Sciences Limited (MLSL).

Overall volumes in futures & options currently stand at 3.06 crore contracts with a turnover of Rs. 17,48,184.90 crore.