Thirumalai Chemicals posted subdued results for the quarter ended by Q1FY19. The top-line recorded a steady decline over the previous year.

The company reported weak numbers for Q1FY19 with top-line and bottom-line declined substantially.

Considering the monthly time frame, Mid-cap index has bounced back from near the 50 per cent retracement of the prior upward rally and registered its third consecutive uptick on daily time frame. 15750-15790 will act as major resistance may be for giving bottoming out signal. 17030-17060 will act as trend reversal.

During Q1FY19, the company has opened 12 new screens taking total screen count to 512 in total 64 cities. The company is targeting a screen count of 551 by the end of FY19.

Laminate and allied products saw a jump in revenue by 15.4 per cent. Also, its Medium density fibre board segment shines with a jump in revenue from 0.6 crore to Rs. 69.88 crore.

The company received Establishment Inspection Report (EIR) for its manufacturing facility located at Amaliya, Daman. The stock spurted up by more than 8 per cent following this development.

Reliance Capital’s subsidiary, Nippon Life Insurance announced its financial performance for Q1FY19 on Tuesday where it posted persistency and premium growth. The stock of Reliance Capital surged nearly 4 per cent, registering its third consecutive uptick after consolidating for a while at its 52-week low level.

The second largest car and truck maker by market capitalisation, Mahindra & Mahindra has unveiled Furio, a new range of intermediate commercial vehicles. The stock of M&M on Tuesday opened with a gap up at 915 levels and surged to as much as 924, its new high, registering 1.8 per cent increase from previous gains.

For Q1FY19, reported EBITDA increased 22 per cent yoy to Rs. 192 crore with the corresponding margin expansion of 72 bps. EBITDA margin for the Q1FY19 stood at 9.6 per cent during the period. 

Genesys has developed a Autonomous Driving project for a community in North America. HD maps will enable the residents to have access to self-driving taxis at their doorstep. Following the development, the stock price gained over 4 per cent on Tuesday.

Following stocks are close to their 52-week low as at 12.45 p.m. on July 24, 2018.

The markets on July 24, 2018 opened gap up. BSE Sensex is trading at 36,758.19, up by 39.59 points and the Nifty is trading at 11,109.70, up by 24.95 points. 

The positive results of bellwether cement maker ACC spiked up the sentiments of the entire cement industry. Major cement stocks gained significantly on Tuesday. 

HDFC Asset Management Company (HDFC AMC) Limited is coming out with Offer for sale (OFS) of 2.5 crore shares having face value of Rs. 5 each. The offer will open from June 25, 2018 and will close on July 27, 2018. The price band for the OFS issue is Rs. 1,095 to Rs. 1,100 and the minimum lot size is 13 shares, which implies a minimum investment in the range of Rs. 14,235 to Rs. 14,300.

Linde India soared over 6.5 per cent in the morning trade on Tuesday as the company reported a profit in the first quarter of FY19.

Overall volumes in futures & options currently stand at 78.60 lakh contracts with a turnover of Rs. 6,85,818.85 crore.

Overall volumes in futures & options currently stand at 78.60 lakh contracts with a turnover of Rs. 6,85,818.85 crore.

Since the Nifty has witnessed a breakout of the consolidation range, we expect it to maintain its bullish momentum, and on the upside, the level of 11,120, followed by 11,172, are likely to act as resistance levels. Stocks in news: Syngene International, IZMO, Essel Propack, Indian Energy Exchange, Allahabad Bank, PNB and UPL. 

Indian markets are expected to make a flat start. The muted trend in SGX Nifty, which was trading with a loss of 4 points at 11,095, indicated that domestic bourses may witness a flat opening.

During the quarter, the company was granted 2 patents resulting in a cumulative grant of 78 patents. As on date, the company has filed for 342 patents.

Bajaj Auto in its earnings conference call highlighted that the company will continue with aggressive discounting strategy in the entry-level motorcycle segment. The company's strategy is in-line with its efforts to gain additional market share.

In the dispute between KAL Airways, Kalanithi Maran versus Spicejet, Ajay Singh, the arbitration tribunal rejected Spicejet's ex-promoter's Rs. 1,323 crore claim citing breach of the terms of the share purchase agreement.

The youngest bank listed on the Indian stock markets, Bandhan Bank had reported stellar quarterly results recently. The bank's Q1FY19 results witnessed an exceptional profit growth of 47 per cent yoy on the back of robust loan book growth.

Investors from India's B30 cities largely invest in equity-oriented schemes, whereas investments from T30 cities were concentrated in debt, showed the latest AMFI data.

Maruti Suzuki India Limited (MSIL), on Monday, announced that it has crossed a cumulative production milestone of 20 million vehicles in India since its inception in December 1983.

Following stocks are close to their 52-week low as at 1.14 p.m. on July 23, 2018.

The markets on July 23, 2018 opened up. BSE Sensex is trading at 36,550.29, up by 53.92 points and the Nifty is trading at 11,033.95, up by 23.75 points. 

Overall volumes in futures & options currently stand at 59.72 lakh contracts with a turnover of Rs. 5,24,534.82 crore.

JMC Projects (India), a listed subsidiary of Kalpataru Power Transmission Ltd, has secured new orders worth Rs. 556 crore.

Overall volumes in futures & options currently stand at 59.72 lakh contracts with a turnover of Rs. 5,24,534.82 crore.

This effort is likely to minimize the risk arising from foreign currency fluctuation as localized sourcing would reduce imports by nearly 20 per cent. Currently, the import content is 38 per cent of the company's raw material cost.

The acquisition would improve the combined annual revenues by US$ 400-500 million. Besides, it would result in annual cost synergies of US$200 million. 

Samsung Engineering Co. Ltd. has given approval to Cords Cable Industries Ltd. to be its pre-qualified supplier for international orders. This global level approval is for a period of five years starting from August 1, 2018.

The latest revision of GST rates is likely to have a positive impact on a couple of sectors including paints, electronic goods and hospitality. Major listed companies in these sectors were buzzing in early trade on Monday.

In Monday’s session, if Nifty continues to trend northwards tracking Friday’s optimism, then we hold 11030-11080 as the major resistances, followed by 11120. However, if Nifty retreats from here, we hold 10980-10925 as the major support area followed by 10880 level.

Indian stock markets are likely to open on a flat to negative note tracking weak global cues and negative start from the Asian peers. The trading of Nifty 50 index future on the Singapore stock exchange is trailing flat indicates that Nifty could open flat at the opening bell. 

In a mutual fund scheme, you may have the option of choosing a dividend plan or a systematic withdrawal plan (SWP). If you are new to mutual fund investing, such an option may leave you confused and you may not be able to decide which one to go for. Let us find out what these options entail and help you choose the one that meets your financial needs and goals.

Almost 50 years post the nationalisation of banks, the wheel has turned a full circle and we are now talking about privatisation of public sector banks! So, how have things changed over the years that the present government, as well as some of the previous governments, have sought to disown (disinvest) the public sector banks (PSBs).

Diversification is made out to be a panacea against the risk of volatility, be it volatility in prices of stocks on the stock markets or volatility in interest rates in debt market. But diversification is a broad concept that needs to be understood thoroughly by the investors. So let’s try to understand what is meant by diversification.

The Insurance Regulatory and Development Authority of India (IRDAI) had in January 2017 laid down guidelines for insurance companies about disclosures in respect of investments made by these companies in various other companies.

The people of India do not need such dramatized versions of performance evaluation by the opposition parties or by the government.  They live and experience the performance or non-performance of the government on a daily basis, so they will deliver their verdict as per their own parameters of performance assessment and according to their own political judgement. 

Jubilant Life Sciences has announced that its subsidiary Jubilant Pharma Limited has initiated Optimum trial, which is a pivotal Phase II clinical trial, designed to prove the safety and effectiveness of I-131 MIBG for the treatment of neuroblastoma. This will be taking place through Jubilant Pharma's unit Jubilant DraxImage Inc. in Montreal, Canada.

Sanwaria Consumer Limited's standalone revenue for the first quarter of fiscal year 2019 has marginally increased by 4 per cent to Rs. 1,200.14 crore on YoY basis. EBITDA for the quarter has increased by 45.8 per cent to Rs. 60.15 crore as compared to same quarter of previous fiscal year.

On the last day of subscription, the IPO of TCNS Clothing Company was oversubscribed 4.52 times on Friday, 20 July. The price band of the IPO is Rs. 714-716 per share of face value Rs. 2, with a lot size of 20 equity shares.

Auto Tyres and rubber tubes company, Ceat surged as much as 9.5 per cent in Friday’s trade on reporting Q1FY19 results. On Friday, the stock bounced back very sharply, breaching its two prior resistances at 1327 followed by 1351, supported by spurt in volumes and 14-period RSI crossing 55 levels.

Larson & Toubro Heavy Engineering have won prestigious orders of Rs. 1,600 crore which will be executed at L&T's fully integrated, advanced coastal manufacturing facility in Hazira, Gujarat. The stock has gained 2 per cent in the first half of trading session on Friday.

The company’s EBITDA for the quarter rose by 36.6 per cent yoy to Rs. 1,281.42 crore with a corresponding margin expansion of 124 bps. EBITDA margin for the quarter remained flat at 17.3 per cent. The PAT for the quarter came in at Rs. 1,115.23 crore, yoy increase of 20.7 per cent.

Sterlite Technologies, an end-to-end global digital network company, posted its financial results for the first quarter ended June 30, 2018. The company’s standalone revenue for the quarter came in at Rs. 876.89 crore, registering 17.8 per cent yoy increase.

Jubilant Foodworks, a master franchise of Domino’s Pizza and Dunkin Donuts brands, surged nearly 5.5 per cent on Friday at 12:00 hours, hitting a significant new all-time high. The stock of Jubilant surged with expectation of posting positive topline and bottomline in its Q1FY19 earnings report.

The company's West Africa division bags a repeat order for 147 buses following which the stock was buzzing on Friday with more than 3 per cent gain. The stock is witnessing a trend reversal after falling for two consecutive days.

Following stocks are close to their 52-week low as at 12.21 p.m. on July 20, 2018.

The markets on July 20, 2018 opened up. BSE Sensex is trading at 36,546.13, up by 194.90 points and the Nifty is trading at 11,015.35, up by 58.25 points. 

Zydus Cadila has received final approval from the USFDA to market Spironolactone Tablets USP (US RLD - Aldactone Tablets). The strength of the said tablets is of 25 mg, 50 mg and 100 mg. The drug will be manufactured at the group’s manufacturing facility at Baddi.

In recent times, you might have heard that consumption story is a good bet, invest in these funds, pharma funds seems to be promising and what not. But what are these sectoral funds? And do they suit every investor?

Overall volumes in futures & options currently stand at 1.80 crore contracts with a turnover of Rs. 18,20,233.69 crore.

Overall volumes in futures & options currently stand at 1.80 crore contracts with a turnover of Rs. 18,20,233.69 crore.

Retail investors have increased their presence in mutual fund investment. Read on to find where are they investing and who is helping them.

The company has received Rs. 975 crore micro irrigation order for the Mohanpura Major Project in the state of Madhya Pradesh, said a press release on Friday.

Indian stock markets are seen opening on a flat note tracking dull cues from Asian markets. The trading of Nifty 50 index future on the Singapore stock exchanges indicates that Nifty could rise 2 points at the opening bell. It would be a busy day on the earnings front with companies such as Atul, Bajaj Auto, Bata India, Ceat, Havells India, HDFC Standard Life Insurance, Kansai Nerolac Paints, L&T Finance Holding, MCX and Wipro will announce their earnings today. Apart from earnings, market participants will keep an eye on the big event of no-confidence motion tabled by opposition parties against the Modi’s government will be debated in Lok Sabha today.  

The zone of 10,900-10,930 remains crucial support and as long as bulls manage to defend this support, the inherent undercurrent will continue to stay bullish. Upon decisive breach of 10,900-10,930 level, the level of 10,870 would act as a support. Stocks in news: Maruti Suzuki India, Parag Milk Foods, Alembic Pharmaceuticals, Fortis Healthcare, Reliance Communications, Hatsun Agro Products, JSW Steel and Andhra Bank. 

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

High risk taking investors can take exposure in Balkrishna Ind. (BSE Code 502355).

Technical Analysis of 1 Stock (with 15 days horizon)

Review on 2 stocks recommended in past.

Fundamental Analysis of 2 Stocks (with 180 days horizon).

Time To Wait For The Markets To Find Direction

The stock that are most likely to witness a significant movement on the bourses on July 20 are, Infosys, DCM Shriram, Kotak Mahindra and Bajaj Finserv.

If your income exceeds Rs 5 lakh and you file your ITR before December 31, 2018, then you are liable to pay late filing fees of Rs 5,000. But if your income is less than Rs 5 lakh, then late filing fees is only Rs 1,000. 

Bajaj Finance reported strong results for the quarter ended Q1FY19 with strong growth of 35 per cent YoY in advances

The new axle load norms initiated by the government has proven to be a hazard to the commercial vehicle demand. The industry is jolted by the sudden change in the norms and its wide-ranging effects on the industry, going forward.

We had recommended Blue Star Ltd in volume 33, issue no 9 dated April 30-May 2018, under ‘Choice Scrip section when the stock was trading at Rs.785. The recommendation was justified on account of the robust products launched (100 products) by the company due to which the company was expecting to generate almost Rs.1700 crore in revenue. Apart from this, the company had announced its partnership with Sands International to be the official distributor in KSA for its unitary products range.

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

Leading pharma company Lupin Limited received tentative FDA approval for generic Tadalafil Tablets of USP, 2.5 mg, 5 mg, 10 mg, and 20 mg.

This is an open-ended equity scheme, which seeks to invest in a diversified manner in the stocks of large-cap and mid-cap companies. The portfolio of the fund shows that the scheme invests equally in the large-cap and mid-cap space. Both of these categories carry around 45% weightage in the fund's portfolio. 

Mutual fund investments are assessed globally based on the fundamentals of the underlying and the suitability of the fund for an investor's risk-return profile. Some of the professional organisations around the world use five ‘P's, namely People, Process, Parent, Performance and Price, to select the right kind of mutual fund for investing. The reason these firms employ such methodology is because mutual fund investments are meant for the long term and these fundamental parameters help in assessing the fund's performance over the long run. 

Creation of Prosperity with Peace & Serenity Nadeem Ahmed, a salaried executive of 31 years, approached us in June 2006 for financial guidance. He was still single and had many challenges to meet. The only good thing he had done was buying a ready flat in Mumbai's suburbs. He disclosed to us all his financial and personal information and reposed absolute faith in our expertise. 

Selecting The Right DEBT Mutual Fund Debt funds are as versatile as equity funds. DSIJ guides on how to use debt funds to complement your equity portfolio. 

The volatility in the equity market has deterred many investors from adding in fresh money into mutual funds. DSIJ explains, how and where to invest in these times

The Rise And Rise Of Retail MF Investors Mutual fund investors who had invested at the start of the year in equity schemes might be seeing red in their portfolio. Barring a couple of sectoral funds and large-cap dedicated funds, all categories of funds have given negative returns in the last three months to six months.

Asian Granito India (AGL) will launch tiles products on August 1, 2018 at Mumbai under different verticals with exclusive design and pattern to upgrade its product portfolio. The company is launching more than 325 products across the verticals.

The company bagged an award with partner Envision Innovative Solutions to provide services to US Army's sofware engineering center in New Jersey. This order is valued at approximately US$45 million.

The leading entertainment brand SMAASH Entertainment Limited is expected to raise Rs. 500 crore for in-organic growth across the country.

RBL Bank’s Q1FY19 performance continues to remain top-class with stable GNPAs over the quarters. The advances growth also gives significant strength to the stock.

Investing money to achieve varied investment goals is a process that requires investors to follow a disciplined approach through their defined time horizon. However, considering that different asset classes behave differently over different time periods, asset allocation plays a significant role in deciding the kind of returns one can expect and the kind of risk one could get exposed to. 

The Indian rupee fell to its all-time low last month against US dollar, breaching the 69 per USD level for the very first time in its history. The rise in crude oil prices and the ballooning fiscal deficit took a toll on the rupee, which lost more value than most emerging-market currencies this year. In fact, the rupee has emerged as the worst performing currency in Asia in 2018 till date.

Following stocks are close to their 52-week low as at 1.04 p.m. on July 19, 2018.

Markets are at all-time highs, yet large number of investors are dismayed by the under performance of their portfolios. Yogesh Supekar and Tanay Loya delve into the reasons for the under performance of individual portfolios and suggest some remedial measures.

The markets on July 19, 2018 opened gap up. BSE Sensex is trading at 36,430.69, up by 57.25 points and the Nifty is trading at 10,976.05, down by 4.40 points. 

Tata Motors has partnered with Cognizant to supply Tigor Electric as part of tech company's commitment to a sustainable environment. Share price of Tata motors was up by 2 per cent

In the last few years, the real estate sector in India has been ignored by investors due to lack of transparency and lack of strong regulatory environment. However, in year 2017, the sector witnessed various regulatory reforms such as RERA (Real Estate Regulatory Act) and GST. Also, the Benami Property Act and demonetisation had some impact on the real estate sector. 

The company managed to turnaround its bottom-line to Rs. 64.2 crore in first quarter of fiscal year 2019 from net loss of Rs. 117.2 crore in corresponding quarter of last year.

Shriram Transport Finance Company (STFC) is among the largest players in the used CV financing segment. The nonbanking finance company is a part of the ‘Shriram’ conglomerate which has a significant presence in varied financial services such as consumer finance, broking, life and general insurance, etc. STFC, incorporated in late 1970s, started financing the neglected small truck owners.

Indian stock markets have turned vulnerable to the international events and domestic seasonal triggers. The Brent crude could not sustain above USD 79.70 and failed to breach its double top at USD 80.50, thereby retreating sharply below its multiple supports around USD 72.40 level. This was in the wake of comments from the US treasury on relaxing some restrictions on imports from Iran. Indian rupee too bounced back due to this and is off its all-time low levels. The positive domestic macroeconomic numbers had been cushioning the markets so far despite weak global cues. 

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. 

This section gives a recommendation of a stock having stockmargin 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

Despite volatility in the global bourses on account of trade war, the Indian markets had a strong week. The BSE Sensex scaled to an all-time high, driven by select large-caps such as TCS, Infosys, Reliance Industries and HDFC Bank. The NSE Nifty too traded above the crucial 11,000-mark for the first time since February this year. However, both small-caps and mid-caps underperformed both Sensex and Nifty during the fortnight. 

I read your cover story on “Two sectors that have bottomed out”. Thank you for identifying the 52-week low statistics for the cement stocks. Can we say that when such large number of stocks in a particular sector touch their 52-week lows, the sector is bottoming out? 

Sensex, as mentioned earlier in one of my communique, is clearly heading towards 38,000. It may be a volatile ride for the Sensex going forward, but in my view, it will eventually scale the wall of worries as it has done during this year so far. While Sensex is touching record highs and select blue chips are gaining momentum, the mid-caps and small-caps continue to show weakness. Overall, the economy is in good shape and the consumption story is very much intact. IMF has once again projected India to be the fastest growing economy in the world. It augurs well for the equity investors in India – for sure.