The PAT for the quarter came in at Rs. 113.12 crore, yoy increase of 418.2 per cent. This profit includes Rs. 69 crore of deferred tax asset recognized.

The share price of Karnataka Bank rose by around 2 per cent on the bourses on Friday on the back of nearing the announcement of the bank's financial results and the opening of new branches in Karnataka.

Ujjivan Financial services reported best quarterly results with strong revenue growth and improving asset quality. The NII for the quarter rose by 76 per cent yoy and 24.3 per cent qoq to Rs. 269 crore in Q4FY18 vs Rs.152 crore in Q4FY17 and Rs.216 crore in Q3FY18.

The most sought-after IPO of recent times, Indostar Capital Finance IPO, was subscribed – per cent till 4 pm on its last day of subscription, on Friday.

Investors should use capture ratio intelligently to zero in on funds that suit their risk-return profile. 

Diversification is the key to reduce risk. To manage large investments efficiently, proper diversification among the various asset classes is very important. 

The share price of Max Ventures and Industries surged by over 3 per cent on the bourses in Friday’s trade as the company subsidiary Max Speciality Films Limited inaugurated its new BOpp1 manufacturing line on Thursday.

During Q4FY18, company’s domestic ad revenue jumped by 24.9 per cent yoy whereas subscription revenue grew by 18.1 per cent yoy.

The USFDA has granted final approval to Glenmark Pharmaceuticals Inc, US for Clobetasol Propionate Cream USP, 0.05 per cent, which is the generic version of Temovate Cream, 0.05 per cent, of Fougera Pharmaceuticals, Inc.

Following stocks are close to their 52-week low as at 12.21 p.m. on May 11, 2018.

The markets on May 11, 2018 opened up. BSE Sensex is trading at 35,344.36, up by 98.09 points and the Nifty is trading at 10,752.10, up by 35.55 points.

Union Bank of India dropped about 5 per cent intraday on Friday to Rs. 83.25 per share, their lowest since July 26, 2006 on the back of net loss of Q4FY18.

Asian Paints posted its Q4FY18 results on Thursday, May 10. On Friday, May 11, the stock surged more than 5.5 per cent scaling above all prior resistances and hitting an all-time high. The stock had gained momentum earlier since the end of April itself, may be ahead of the results.

High risk taking investors can take exposure in Hexaware Technologies.

Jio has barged into the postpaid segment with a new Rs. 199 plan which might severely hurt the revenues of Idea and Airtel in the upcoming quarters.

Overall volumes in futures & options currently stand at 1.16 lakh contracts with a turnover of Rs. 11,46,073.95 crore.

Overall volumes in futures & options currently stand at 1.16 lakh contracts with a turnover of Rs. 11,46,073.95 crore.

The company’s consolidated revenue for the quarter came in at Rs. 4,031 crore, registering 12.3 per cent yoy increase.

The share price of PC Jeweller soared about 20 per cent in early morning trade on Friday after the board of the company approved share buyback program. 

In the coming session, the level of 10,750, followed by 10,785, will act as immediate resistances for the Nifty. Stocks in the news: Sharon Bio-Medicine, Pennar Industries, Fortis Healthcare, PC Jeweller, Reliance Industries and Shree Pushkar Chemicals and Fertilisers.

Indian equity markets are poised to open the session on a firm note following rally in the global indices. The SGX Nifty indicates Nifty may open with gains of 62 points at 10,794.  

Indian economy is the fastest growing economy in the world and promises to continue its dominance in CY18 as well. Various sectors have contributed to the growth story of India. The Central Public Sector Enterprises (CPSE) have contributed lion’s share to the overall growth story of India in FY17. The CPSEs have cwontributed to economic growth through their contribution in Infrastructure development and balancing regional development. The CPSEs have not only contributed economically, but also socially, by playing a key role in discharging social obligations such as promoting education, skill development of youth, providing healthcare, etc. 

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

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).

Indian stock markets have scaled some of the tallest walls of worries that have been dogging the global markets. It has duly digested the trade war fears, global oil price rise to multi-year highs and the appreciation of the dollar against rupee.

The stock exchange has planned to provide latest information about the promoters’ pledged holdings every month within five working days of the subsequent month.

The stocks that are likely to record a significant movement on the bourses on Friday, May 11 are Max Speciality Films Limited, Karnataka Bank, Zensar Limited, Pennar Engineered Building Systems Limited and Saregama India Limited.    

ROLL OF HONOUR

The share price of Asian Oilfield Services plunged by 20 per cent to its 52-week low of Rs 134 on the BSE on Thursday, after the company announced that its unit Asian Oilfield and Energy Services DMCC received a termination notice from Koral Energy International.  

KRBL reported negative growth in the top and bottom-line for Q4FY18. However, the company improved its operational performance for the quarter.

Balanced funds, one of the most sought-after funds in 2017 is losing its charm. Read on to find the reasons for such fall from grace.

We follow a ranking methodology for PSUs based on comprehensive financial parameters. We have evaluated data only of Maharatnas, Navratnas and Miniratnas, among CPSEs. Again, these companies are divided into manufacturing and non-manufacturing, depending on their areas of operation.

The company’s order book as on 31 st March 2018 stood at Rs. 2,559 crore.

India's top private airline operator Jet Airways was denied approval from the Aviation Ministry to merger with its wholly-owned subsidiary Jet Lite.

Investors usually invest into tax-saving funds at the end of the year that in the last 3-4 months of the financial year to receive a tax shield. Usually, tax-saving funds are utilised for the purpose of tax saving only. But these funds are also equity-linked and even they can reap better returns in the longer run.

Welspun Enterprises ascended over 11 per cent on the bourses intra-day on Thursday after the company  emerged as the lowest bidder for a project in Tamil Nadu. 

Like most things, personal finance or money management can be simple or complex, depending on how it is presented to you. This article hopes to provide some simple tenets to follow while nurturing your life and money. 

Following stocks are close to their 52-week low as at 1.01 p.m. on May 10, 2018.

Mutual funds offer a variety of schemes that allow investors to invest in different asset classes to build their portfolios for varied investment goals to be achieved over different time periods. However, while selecting the funds, investors often face the dilemma of how to choose the right one and in what proportion. The over-lapping, both in terms of portfolio composition and investment strategies, often makes it difficult for investors to make the right decisions. 

Indian mutual fund industry is in a high acceleration mode since last couple of years. Investors are rushing to invest in the mutual funds due to its attractive returns and flexibility. Investors are usually advised to have a diversified portfolio of funds to reduce the risks.

The markets on May 10, 2018 opened gap up. BSE Sensex is trading at 35,302.76, down by 16.59 points and the Nifty is trading at 10,729.25, down by 12.45 points.

Large-cap dedicated equity funds that form a major part of equity AUM in India are witnessing contraction in their performance of late. DSIJ delves on the reasons for such performance and what should be your next move as an investor.

This is an open-ended equity scheme, which invests predominantly in equity of companies engaged in the banking and financial services. 

If you are a mutual fund investor, chances are high that you have received e-mails from asset management companies intimating you regarding the change in the name of the schemes, merging of two schemes or even change in the investment attributes.

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

The vehicle financing market in India has been lately taking giant strides of growth. Tanay Loya explores if the sector can be the next growth driver for NBFCs going forward.

Prateek Tagad, a young investor in his mid-twenties who has been investing in stocks since last three years, is extremely tech-savvy and is comfortable trading equities using his mobile app. Prateek is a big fan of the newest forms of discount brokers and religiously trades through one of them. Says Prateek, “It doesn’t make sense to pay higher brokerage when the services are available from discount brokers at throwaway prices. In the long run, the cost matters.” 

TeamLease Services (TLS), established in 2002, is one of India’s leading human resource service companies in the organised sector. The company provides employment and employability and education services to various industries. 

ITR Forms The CBDT has notified 7 types of ITR forms which are applicable for the assessment year 2018-19 in respect of income earned during the financial year 2017-18. ITR 1 (Sahaj), ITR 2, 3, 3 & 4 are applicable to individuals and HUFs. ITR 5 is applicable to firms including LLP,AOP, BOI, legal authority and artificial judicial person ITR 6 is applicable to companies, other than companies claiming exemption under section 11 ITR 7 is applicable to persons who are engaged in the business of charitable activities and are required to file their returns under section 139( 4A)to (4F) of the Act 

Indian benchmark indices are off their decisive levels; however, the indices are seen straggling at higher levels. Markets are moving range-bound with cautiousness ahead of the Karnataka elections to be held on May 12, the results of which will be out on May 15. So far, Indian markets have duly digested the rise in global oil prices to multi-year highs as well as dollar appreciation against most other currencies.

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 stock 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.

The global markets traded mixed in the past couple of weeks with the German indices outperforming the other major global indices. The German DAX gained 2.99 per cent, Dow Jones Industrial Average slipped 0.37 per cent while S&P 500 managed to close flat in the past two weeks. Nasdaq gained the most amongst the US indices and managed to close higher by 2.60 per cent, thus indicating outperformance of IT stocks. The European  markets outperformed the global peers with FTSE closing higher by 2.27 per cent even as CAC 40 gained 1.71 per cent. Among Asian markets, Shanghai was the best performer along with Nikkie. Shanghai gained 2.24 per cent, while Nikkie was up by 1.72 per cent.

Sensex is on a roll, cheering the good earnings performance of corporate India, even as rising crude oil prices and weakening INR against the USD attempt their best to spoil the party. The combination of crude oil price rise and weakening INR can be sentimentally negative for the markets. However, I believe the crude oil prices have peaked out and the RBI may soon intervene to support INR against the USD by selling dollars in the market.

Fairchem Speciality Limited posted stellar results in Q4FY18. The operational profit of the company more than doubled with strong margin expansion.

Security Intelligence Services reported subdued bottomline for the quarter and higher revenues and operational profits 

Cadila Healthcare, on Thursday, announced receiving final approval from the USFDA for Carbidopa tablets.

Overall volumes in futures & options currently stand at 68.87 crore contracts with a turnover of Rs. 6,50,876.98 crore.

Overall volumes in futures & options currently stand at 68.87 crore contracts with a turnover of Rs. 6,50,876.98 crore.

Stating that the bid offered by the JV between Dosti Realty and Suraksha Asset was too low for the assets of Jaypee Infratech, the committee of creditors (CoC) rejected the offer.

International funds are the funds which invest in the foreign securities. These funds not only gave investors decent returns but also have some risks associated with them. Investors need to be aware of these factors while investing in international funds.

Going ahead, Nifty may continue its upward momentum and attempt to test the swing high of 10,785. However, this level will continue to act as strong resistance. Stocks in the news: Avanti Feeds, Hikal, Nestle, Cipla, Reliance Infra, Tata Metaliks, PNC Infratech, Ashoka Buildcon, Welspun Enterprises and Star Cement.

Key benchmarks indices are expected to open flat to positive as leads from global markets are encouraging. The SGX Nifty indicates Nifty may open around the level of 10,773. 

Royal Enfield posted its highest ever quarterly revenue from operations at Rs. 2,528 crores for Q4FY18, a growth of 34 per cent over the corresponding period last year.

The company has clarified that Aburi Composites is making false claims and is spreading rumour against Time Technoplast. The London-based company has filed a FIR with EOW against the company for cheating.

Dr Lalchandani Labs became the 242nd company to get listed on the BSE SME Platform, on Wednesday.

Automobile major Tata Motors surged by over 4 per cent on the bourses in Wednesday’s intraday trade as the company’s wholly-owned subsidiary Jaguar Land Rover posted a rise of 11.9 per cent in its sales for April 2018 on a year-on-year basis.

Following stocks are close to their 52-week low as at 12.45 p.m. on May 9, 2018.

The markets on May 9, 2018 opened up. BSE Sensex is trading at 35,271.29, up by 54.97 points and the Nifty is trading at 10,727.65, up by 9.85 points.

Sintex Industries rose 15 per cent in the early trade after posting strong Q4 results for the year ending March 31, 2018. The company's board recommends 10 per cent dividend

With the grant of these patents, the company’s pipeline of molecules will be further developed for cognitive disorders to cater to a huge unmet medical need present in the global market.

As crude oil trades at around US$75 per barrel, Indian oil marketing companies (OMCs) dipped in the early morning trade on Wednesday. The US Trump administration has announced its withdrawal from the nuclear trade struck by the previous US government and Iran.

Sadbhav Infrastructure Project Ltd. continued its deterioration in net profit Q4FY18. However, the company's revenue grew substantially and it improved operational performance too.

Its EBITDA for the quarter rose by 5.7 per cent YoY to Rs 62.52 crore, with a corresponding margin expansion of 163 bps. Its EBITDA margin for the quarter stood at 21.1 per cent.

Overall volumes in futures & options currently stand at 60.10 crore contracts with a turnover of Rs. 5,49,795.20 crore.

Overall volumes in futures & options currently stand at 60.10 crore contracts with a turnover of Rs. 5,49,795.20 crore.

Going ahead, the levels of 10,760 and 10,785 will act as immediate resistance levels. On the way, the index has strong support in the range of 10,630-10,650. Stocks in the news: Inox Leisure, Tata Steel, Quess Corp, EKC, Nestle, Lupin, Sutlej Textiles, Wockhardt, Hindalco and Tata Global Beverages.

The Indian stock markets are likely to make flat to negative start as underlying sentiment may remain cautious amid rising oil prices and negative cues from Asian peers. The SGX Nifty is trading 34 points lower at 10,707.  

The stock s that are likely to record a significant movement on the bourses on Wednesday, May 9 are Quess Corp, Lupin, HPL Electric & Power, Mcnally Bharat Engineering Company and Federal Bank.    

Pharma major Lupin announced on Tuesday that YL Biologics, its joint venture with Yoshindo and Kyowa in Japan has submitted a new drug application for marketing authorization to the Pharmaceuticals and Medical Devices Agency.

ICICI Bank, one of India's largest private sector banks, posted Q4FY18 and full year results on Monday. The NII for the quarter rose by 1 per cent in Q4FY18 vs Rs. 5,962 crore in Q4FY17. This minimal growth was largely due to higher interest expenses, which increased by 8 per cent yoy. The interest income for the quarter rose by 5.1 per cent yoy.

To inspect and replace a possible faulty part, auto major Maruti Suzuki has planned a service campaign starting next week. The fault is detected in the brake vacuum hose of the company's most popular UV brands.

The board of directors have declared an interim dividend of Rs. 7 per share on equity share of Re. 1. The dividend will be paid on May 30, 2018.

The Indian mutual fund industry has kick-started its new financial year with robust AUM growth. Despite of the volatility in the Indian equity markets, assets under management of the industry rose by 1.37 lakh crore to reach its all-time high of Rs. 23.25 lakh crore as per AMFI data.

Following stocks are close to their 52-week low as at 12.30 p.m. on May 8, 2018.

The markets on May 8, 2018 opened gap up. BSE Sensex is trading at 35,288.23, up by 80.09 points and the Nifty is trading at 10,736.90, up by 21.40 points.

Lemon Tree Hotels (LTH) is a fast growing chain of mid-priced hotels run by Indian hospitality industry's veterans. The company is India's third largest hotel chain on the basis of controlling interest in owned and leased rooms.

Yet another NBFC plans to hit the market and expects to raise ~Rs.1840 – 1844 crore. The IPO comprises a fresh issue of equity shares aggregating up to Rs. 700 crores and offer of sale of up to 2,00,00,000 equity shares in which Indostar Capital is the major promoter selling its stake of up to 1,85,08,407 shares.

In a landmark judgement, the Indian Supreme Court upheld the decision of Delhi High Court which refused to grant patent to the global agro-biotech major Monsanto for its GMO Bt. cotton seeds in India.

Overall volumes in futures & options currently stand at 41.96 crore contracts with a turnover of Rs. 3,69,960.32 crore.

Overall volumes in futures & options currently stand at 41.96 crore contracts with a turnover of Rs. 3,69,960.32 crore.

Going ahead, the index is expected to face resistance at the level of 10,750, followed by 10,780. As far as support is concerned, the level of 10,680, followed by 10,630, would be seen as the immediate levels of support.  Stocks in the news: NDTV, Unichem Lab, Lupin, Veto Switchgears and Cables, Cigniti Technologies and Tata Metaliks.

Indian equity markets are likely to extend their upmove on Tuesday following firm cues from global markets. The SGX Nifty is indicating that Nifty may open up by 24 points at 10,770.  

In terms of full year, the revenue for FY18 surged 49 per cent YoY to Rs 268.8 crore. Its EBITDA for the year rose to Rs 102.1 crore, up by 73 per cent YoY.

Dwarikesh reported net loss of Rs. 9.2 crore in the quarter as against Rs. 45.97 crore profit in the corresponding quarter of last year.

The board of directors have recommended a dividend of Rs.7 per share on equity share of Rs.10 each subject to the approval of shareholders.