Lupin has received approval for its Fluoxetine Tablets USP after receiving approval from USFDA.

 To reward the shareholders, the board of directors has approved a share buyback proposal aggregating Rs 10,500 crore at a price of Rs 325 per share, which represents nearly 16 per cent premium over today’s closing price.

Hyderabad-based IT service provider Cyient has launched a portfolio of services and solutions that help Communication Service Providers (CSPs) expedite 5G network rollouts globally. 

The AUM of Indian mutual fund industry has increased by 8.25 per cent in the last one year ending March 2019. Read on to find the factors that led to such an increase.

Ramco Systems has secured an order to digitise the maintenance and engineering (M&E) operations of Caverton Helicopters.

The stocks that are likely to witness significant movement on the bourses on April 18 Cyient, RIL, Lupin, Pritika Auto and Wipro

BSE Sensex had an eventual day on Tuesday as it was up more than a per cent during intraday trade. The benchmark index finally closed the day up 369 points or 0.95 per cent at 39,275.64. While Nifty Bank closed with 427 points gain just 100 points away from its all-time high.

In its latest BSE filing, Mindtree declared that the company was contemplating shelling out an interim dividend or special dividend for the quarter ended March 31, 2019.

Jindal Steel and Power Limited (JSPL) informed the bourses that it recorded the highest ever domestic quarterly steel production and sales in Q4FY19. During the March-ended quarter, the company reported a crude steel production of 1.51 million tonnes, this represents a 23 per cent growth from the last quarter of the same fiscal year. 

When amateurs enter the world of equity market, most of them aim to make quick money. Mind you investing is simple but only if you are following some set of discipline and doing through analysis. But we would like to urge amateur investors to be alert as many companies tend to entice investors by cooking up their books of accounts.

The hike in crude prices and burgeoning gold demand exerted pressure on the import bill. As a consequence, the country’s trade deficit widened in the month of March.

A sudden spike is seen in the stock price of Suyog Telematics in the last two weeks. On April 4, it closed at Rs. 260 and jumped by 54 per cent to close at Rs. 398.20 on Monday. During the period April to December 2018, the stock had corrected by 36 per cent and just two and a half months back in January 2019, it touched 52-week low of Rs. 190. Let's analyse the stock's performance...

Following stocks are close to their 52-weeks low as at 12.42 p.m. on April 16, 2019.

Real estate company Shriram Properties has received authorization from the Securities Exchange Board of India for an Initial Public Offering (IPO). The company aspires to raise capital of Rs. 1,250 crore by means of an IPO issue.

The markets on April 16, 2019 opened gap up. BSE Sensex is trading at 39,226.32, up by 320.48 points and the Nifty is trading at 11,776.70, up by 86.35 points. 

A hybrid fund is that category which comes with the mix of debt, equity or even other asset classes. Still, it is not as hugely popular as equity MFs. Let’s find out whether you should consider investing in them.

Cipla Technologies, a subsidiary of Cipla and Pulmatrix Inc., a clinical stage biopharmaceutical company focused on developing novel inhaled therapeutics to serve unmet needs in respiratory disease, announced signing a definitive agreement for the co-development and commercialization of Pulmazole.

Prestige Estates Projects through its wholly-owned subsidiary Prestige Retail Ventures has acquired the entire stakes of Babji Realtors making it an indirect wholly-owned subsidiary of Prestige Estates.

 

The stock debuted at 20 per cent premium to its issue prices on Tuesday. The stock was very popular with IPO subscribers and was subscribed around 52 times.

The benchmark indices BSE Sensex and Nifty were buzzing in the morning session on Tuesday. Nifty hit a new high. The market was up on positive cues following optimistic monsoon forecast for this rainy season.

Overall volumes in futures & options currently stand at 94.62 lakh contracts with a turnover of Rs. 6,40,559.64 crore.

Overall volumes in futures & options currently stand at 94.62 lakh contracts with a turnover of Rs. 6,40,559.64 crore.

In the coming session, bulls need to cross their immediate hurdle of 11,710, as sustaining above this level will likely open up further upmove towards its all-time high level of 11,760. But failure to cross and sustain above 11,710 level would lead  to consolidation and sideways movement where the levels of 11,640, followed by 11,550, are likely to act as support levels. Stocks in news: Dr Reddy’s Laboratories, Cipla, TCS, Prestige Estates Projects, Deepak Fertilisers and Petrochemicals Corporation, IndusInd Bank, Suven Life Sciences.

The outlook for the day is a soft start and the markets are expected to consolidate further during this truncated week. However, stock-specific volatility will continue as corporate earnings will continue to be on investors' radar. Wipro's results will be in focus today. At the time of writing, SGX Nifty was trading at 11,736.50 almost unchanged.

The private airline, Spicejet, announced on Monday that the company has started new international flights from Mumbai. New international schedule will commence from May-end, the company informed.

The shares of Rail Vikas Nikam Limited (RVNL) soared over 18 per cent in Monday’s trading session. The stock price has been moving northward since last three days.

Meghmani Organics spiked nearly 7 per cent as the company repaid term loan amounting to Rs 166.83 crore. With this repayment, the company is now having outstanding term loan of Rs 127 crore as on March 31, 2019.

As per IQVIA, the ophthalmic solution has a projected market size of US$76 million. Bimatoprost is used to treat high pressure inside the eye due to glaucoma (open-angle type) or other eye diseases.

India’s two largest IT service providers TCS and Infosys reported their last quarter numbers for FY19 on Friday. TCS’s management indicated that it will continue the growth trajectory in FY20E, despite macro challenges in the industry.

The unit is located in Southern India and has capacity of 2,00,000 MTPA. The consideration for acquisition would be Rs 70 crore, which would be funded through internal accruals.

Following stocks are close to their 52-weeks low as at 2.35 p.m. on April 15, 2019.

The markets on April 15, 2019 opened gap up. BSE Sensex is trading at 38,934.15, up by 167.04 points and the Nifty is trading at 11,692.60, up by 49.15 points. 

Several FMPs that are on verge of maturity are not able to pay the complete maturity amount due to delay in recovery from the Essel group. So, what should you do in this scenario? Let’s find out.

Overall volumes in futures & options currently stand at 84.94 lakh contracts with a turnover of Rs. 5,82,651.92 crore.

Overall volumes in futures & options currently stand at 84.94 lakh contracts with a turnover of Rs. 5,82,651.92 crore.

The 20-day Exponential moving average, which is placed around 29,653 is likely to act as an immediate support, while on the upside, the zone of 30000-30,150 is likely to act as a resistance level as downward sloping trendline is placed in this region and sustaining above this level decisively would lead to further acceleration of upward momentum.

As long as Nifty (spot) does not close below the swing low of 11,549, every dip would be a buying opportunity. However, the upside at this movement seems limited towards the zone of 11,710-11,760, which would present stiff resistance. However, the momentum is likely to kick in once the index moves out of the range of 11,550-11,760 decisively. Stocks in news: Dr Reddy’s Laboratories, APL Apollo Tubes, Adani Enterprises, Suven Life Sciences, International Paper APPM, ITI, Eris Lifesciences, GMM Pfaudler.

The outlook is a muted start for the Indian markets. Market participants will react to the earnings of IT marquee names TCS and Infosys in early trading and also to the macro numbers released post market on Friday. At the time of writing, SGX Nifty was trading marginal down by 12 points at 11,679. We are of the view that Nifty may spend some more time in a consolidation range, while movement on the stock-specific front would keep the market participants busy.

The stocks that are likely to witness significant movement on the bourses on April 15 are KPI Global Infrastructure, Dixion Technologies, Infosys, Suven Life Sciences and Network18.

SIP is one of the most popular tools among investors these days. But what is incremental SIP all about and is it beneficial for you? Let’s find out.

Many investors' are awaiting the 'return of acche din' for their small-caps holdings. The hysteria around small-caps stocks drained away in 2018 and with it flew out of the window a whole lot of overvaluation given to these small-cap companies.

The stock of TV18 Broadcast Limited has given downward sloping trendline breakout on Friday formed by connecting swing highs from October 16, 2018. The breakout was supported by strong volumes. Additionally, the stock formed a sizeable bullish candle on breakout day, which adds strength to the breakout.

India’s public sector enterprise and miniratna company RITES announced its order book for FY19, on Friday. The total order book was up by 27.5 per cent during the financial year 2019. Reacting to the news, the stock price recovered from its intraday lows.

Fruit Pulp processing company Foods & Inns hit its 52-week high and all-time high following an investment by ace investor RK Damani's investment firm Derive. The stock was locked in its upper circuit limit of 20 per cent for the most part of the intraday trade on Friday.

Many investors tend to focus exclusively on investment returns with little concern for investment risk, however, is managing risk is also equally important.

Pharma major Lupin Limited, in a press release announced that it launched Testosterone Gel, on Friday. The company received USFDA approval for the same on Thursday.

It’s important for the stock to sustain and close above the neckline of the double bottom pattern which is placed in the region of Rs. 1,721-1,722. A sustainable move above the level of Rs. 1,721-1,722 is likely to open up gates for a further rally towards levels of Rs. 1,755.

Following stocks are close to their 52-weeks low as at 1.08 p.m. on April 12, 2019.

The markets on April 12, 2019 opened up. BSE Sensex is trading at 38,611.64, up by 4.63 points and the Nifty is trading at 11,594.75, down by 1.95 points. 

Leading capital good company Thermax informed the bourses that it has acquired the entire stake in its joint venture SPX Energy Technologies Limited (TSPX) on Thursday from partners namely Mutares Holding-24 AG, Germany and Balcke-Dürr GmbH, Germany.

Cipla Limited has launched Niveoli, India’s first extra-fine particle beclomethasone-formoterol combination hydrofluoroalkane (HFA) inhaler for adults, targeting drug delivery to the small airways.

The company has signed a joint venture with Jopp Holding, Germany for production and sale of auto components. Reacting to the development, the stock of Lumax Auto Technologies was up more than 2 per cent in the morning session.

Overall volumes in futures & options currently stand at 3.09 crore contracts with a turnover of Rs. 19,94,995.47 crore.

Overall volumes in futures & options currently stand at 3.09 crore contracts with a turnover of Rs. 19,94,995.47 crore.

As long as Nifty (spot) does not close below 11,550, there are chances of a sharper bounce. At the same time, 11,710 will work as resistance for the next few days. Stocks in news: Lumax Auto Technologies, Pasupati Acrylon, Jet Airways, Prabhat Diary, Narayana Hrdayalaya, Sterlite Technologies, Lumax Industries.

The Indian markets may not have any major cues from the global peers to deal with for now. The attention in the domestic markets will shift towards corporate results, with the IT majors Infosys and TCS kick-starting the earning seasons today. At the time of writing, SGX Nifty was trading down by 38 points at 11,638 levels and clearly indicating a cautious start to the day.

Meghmani Organics is in receipt of a closure notice from the Gujarat Pollution Control Board (GPCB), Gandhinagar.

The Government of Maharashtra has extended its approval for additional Industrial Promotion Subsidy (IPS) of Autoline Industries to the tune of Rs. 44.61 crore.

Mumbai-based infrastructure company, Capacit’e infra bagged new order worth Rs. 400 crore from two real estate developers in the city.

The stocks that are likely to witness significant movement on the bourses on April 12 are Capacite Infra, Eurotex Industries, Reliance Industries, TCS and Future Retail.

Security solution and telecom analytics player Subex announced its partnership with Telefonica on a new cybersecurity venture which is focused on IoT security. This collaboration will be realised through a new cybersecurity unit recently launched by Telefonica.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

Technical Analysis of 1 Stock (with 15 days horizon)

Naresh Goyal, the founder of Jet Airways, has pledged 26 per cent stake, i.e. 2.95 crore shares, in the struggling airline as security for loans from Punjab National Bank.

World's second largest crude steel manufacturer, India is likely to see further growth in demand in the calendar year 2019 and 2020, as per reports of Indian Steel Association.

Review on stock recommended in past.

Fundamental Analysis of 1 Stock (with 180 days horizon).

Leading pharmaceutical company Lupin Limited has received testosterone gel, 1.62% (20.25 mg/1.25 g pump actuation) from the United States Food and Drug Administration (USFDA) to market a generic version of AbbVie, Inc’s AndroGel in the US market.

1 stock recommendation based on Street Talk (with 7 days horizon).

If you are an investor who was not on the desk for the past five trading sessions and you thought you had missed quite a lot during this phase, then you would only be partially correct. This is because price wise, the Nifty index has not moved much as it has been contracting in a range for the past five trading sessions.

The names of several Indian generic makers were disclosed in a US Pharma anti-trust lawsuit.

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

Following stocks are close to their 52-weeks low as at 2.53 p.m. on April 11, 2019.

The markets on April 11, 2019 opened gap down. BSE Sensex is trading at 38,558.43, down by 26.92 points and the Nifty is trading at 11,576.35, down by 7.95 points. 

IDFC Bank was looking to diversify its loan book from infrastructure. The bank was looking for a merger with a retail finance institution that had an adequate scale, strong financials and specialized skills. Meanwhile, Capital First was looking to attain the commercial banking licence in order to access a large pool of funds for growth and access to lower cost of funds

Nifty close below 11,488 will lead to sharper correction

One of the leading welded pipeline manufacturers, Welspun Corp Limited informed that it received a global additional order for the pipeline, after market hours on Wednesday.

I am an individual and was out of India for more than 200 days in the financial year 2018-19. Am I a non-resident under the Income Tax Act for the financial year 2018-19 relevant to assessment year 2019-20 ? 

Markets have shown tremendous recovery with majority of stocks participating in the rally. However, tyre stocks have under performed so far and have not participated as much in the current rally. Shohini Nath finds out the issues faced by the tyre industry in India and explains why it may be a good idea to bet on select Tyre stocks.

The shares of Vedanta slipped more than 2 per cent in Thursday’s morning trading session. This was on account of the possibility of a legal suit against the company’s subsidiary, Konkola Copper Mines (KCM) in the UK.

There is always a confusion between financial planning and wealth management. People think financial planning and wealth management is one and the same thing. However, that’s not the case.

Let's find out more about them...

Larsen & Toubro Limited is all set to acquire L&T Shipbuilding Limited. The target company has a turnover of Rs. 73,088.79 lakh. It also has a negative networth of Rs. 80,914.97 lakh as on March 31, 2018.

This section gives decisive investment rationales to our subscribers on the stock queries they have raised to our research team.

In this edition, we have reviewed Gujarat Alkalies and Chemicals Ltd. and City Union Bank. We suggest our reader-investors to HOLD in Gujarat Alkalies and Chemicals Ltd. and City Union Bank

ROCE is one of the crucial ratios used for evaluating a stock's performance. Advait Dharmadhikari explains why ROCE remains one of the most important metrics in stock analysis and how this metric should be combined with other ratios to find future wealth creators.

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation

This is our mutual fund recommendation. Every fortnight , we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same. 

Propel Your Portfolio In The New Financial Year

Option markets are considered ‘most profitable’ and, at the same time, ‘most difficult’ to profit from. Karan Bhojwani and Yogesh Supekar discuss at length how best to capitalise on volatility by trading in options.

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations

Lump sum investment is good both for the short or the long term, but SIP is better for the long term

The stock of newly state-owned firm listed at its issue price of Rs. 19 per share. In the morning session, the company traded at a market capitalisation of Rs. 3,982.39 crore on Thursday.  

This section gives a recommendation of a stock having stock margin padding price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon 

This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year

There are exciting times ahead for the investors as the markets are poised to take direction from the March quarter and annual earnings reports of India Inc. Factoring in positive earnings data, the benchmark indices displayed steady uptrend and hit the 39,000 mark during the fortnight.

I am a new subscriber to the magazine and have learnt a lot from your magazine over the last few months

While the Sensex struggles to cross 39,000 decisively and the broader markets continue to show some strength, I think it is only a matter of time before the markets will touch all-time highs. The sideways movement will continue till the election results are out.

Overall volumes in futures & options currently stand at 1.73 crore contracts with a turnover of Rs. 11,59,692.41 crore.