Inox Leisure and PVR quoted highs of close to 15 per cent and 10 per cent, respectively on Friday as they await ruling on the issue of price of foodstuffs sold in multiplexes.

Indiabulls Housing Finance reported strong earnings for the quarter with robust bottom-line growth.

Following stocks are close to their 52-week low as at 1.02 p.m. on August 3, 2018.

The markets on August 3, 2018 opened gap up. BSE Sensex is trading at 37,421.01, up by 255.85 points and the Nifty is trading at 11,317.65, up by 72.95 points. 

The stock of Jet Airways plunged by more than 5 per cent on Friday following buzz that the airline is facing a severe cash crunch. This has also revived expectation of a stake sale deal by the airline.

It has signed memorandum of understanding with the ministry for the project and the scope of work includes conceptualisation, design and construction of the 4,614 sqm India pavilion and other utilities, an official release said.

EBITDA for the quarter fell by 9.4 per cent yoy to Rs. 50.4 crore with a corresponding margin contraction of 295 bps. EBITDA margin for the quarter stood at 7.7 per cent.

The company’s topline and operating income jumped whereas the decline in other income dragged the bottomline.

North America Class 8 truck sales spurted in the month of July, exciting the stocks of auto component companies supplying to the US market, in the morning session on Friday.

Overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 14,44,021.12 crore.

Geographically, the company's revenue from India, FZE and Australia rose by 9 per cent, 64.8 per cent and 465.8 per cent YoY, respectively. However, revenue from the US declined by 18.9 per cent YoY.

Overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 14,44,021.12 crore.

On the other hand, upmoves, if any, will find overhead resistance around the levels of 11,290-11,330. Stocks in news: Reliance Industries, HDFC, Techno Electric and Engineering, Mphasis, JK Paper and DCB Bank.

Key Indian equity market indices are expected to open in green despite lack of clear trend in the Asian markets. The bullish trend in SGX Nifty, which was trading higher by 47 points, indicated that Nifty could open at 11,325. On the macro front, Nikkei Services PMI for July will be announced today. Among Nifty 50 companies, Titan will report its numbers today.  

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

High risk taking investors can take exposure in Alembic Pharmaceuticals (BSE Code 533573)

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).

Editor's views on the capital markets, stock reviews and word on Dalal Street.

CFOs are often the most trusted management resource for the investors. Leading CFOs of Corporate India interact with the DSIJ TEAM and share their company's vision and strategies in this CFO special edition

Our top three strategies include having a strong top line growth, margin expansion and continued efforts to maintain a conservative balance sheet while funding company's growth plan

As a CFO, my top three strategic priorities are transparency, optimal use of free cash flow and communicating with shareholders at large. Out of these three, optimal use of free cash flow is the top priority as it is the only matter which can make or break any organisation. 

The revenue from Mining products remains muted at Rs. 298 crore. Whereas, Power segment grew by 9.2 per cent yoy. However, its Manufactured products segment saw massive decline by 59.8 per cent in its revenue.

Close involvement in strategy, fundraising and investor relations have become three major strategic priorities for CFO in the current dynamic corporate world. The CFO plays a major role in validating the many new strategic initiatives like expansions, diversification and mergers and acquisitions by the company on the financial front. 

Recently your company has raised around Rs.59 crore. Can you tell us how you will be deploying these funds? Also, do you think your company would be in need for additional funds?

The top three priorities are: 1. To facilitate company's medium to long term strategy by enhancing share of specialised films, i.e., working towards de-commoditising the business model.

The top three key priorities are to maximize capital efficiency, optimize cost and ensure business is adequately funded with a right mix of debt and equity. 

Visaka Industries reported strong growth over previous year and sequentially. Further, the V-panel unit in Jhajjar, Haryana, is running at 100 per cent capacity utilisation level

The last issue of your magazine was very innovative as you analyzed the mutual funds using technical analysis methodology. Though I am not a pro in technical, I loved the idea. I suggest you give an insight on some investment opportunities which can be used in down markets. I would like to read more innovative stories on mutual fund investments. 

With the introduction of a wide array of alternative content, the exhibition business is all set for a major disruption. The aim is to strike a balance between the growth levers of the business and the core of the existing business.

As a Director (Finance), my priority area shall be to arrange funds for both short term working capital requirements for daily operations and long term loan requirements for various energy reduction schemes and other ongoing capex schemes for upgradation of electrical and instrumentation systems, information technology, i.e., implementation of ERP, etc..

In this edition, we have reviewed Sanwaria Consumer and IFB Industries. We suggest our reader-investors to HOLD Sanwaria Consumer and IFB Industries.

The entire graphite electrodes industry is globally facing a tremendous shortage of needle coke - one of the critical raw materials. We fully import this raw material which is supplied by only three companies worldwide.

Cholamandalam Investment and Finance Corporation is part of Murugappa Group having interest in CV financing and loan against property (LAP) financing. As on March 31, 2018, the company’s AUM stood at Rs 43,830 crore, which has witnessed a growth of 20 per cent CAGR over the last 10 years

IIFL is one of the largest financial services firms in India. We primarily have three businesses — IIF Finance, IIFL Wealth & IIFL Securities. IIFL Finance has loan AUMs of Rs.311.3 billion, which is retail-focused and diversified.

Sanjay Upadhyay is an Associate Member of the Institute of Cost Accountants of India. He is also a Fellow Member of the Institute of Company Secretaries of India. He has also completed Advanced Management Program from Wharton, USA. He has vast experience in the areas of finance, accounts, commercial and secretarial functions. He is associated with the company since 1994.

Kumar Subbiah joined CEAT in Feb 2015 after spending little over 20 years with Unilever and Hindustan Unilever, where he handled various finance and commercial roles in India and outside India. Kumar is a B.Com graduate from Loyola College, Chennai. He is also a Chartered Accountant and a Cost Accountant with professional interests both in finance and supply chain

Anupam Jindal has been associated with the Vedanta Group since 1998 in various business verticals, including its aluminium and copper businesses. Having set up a large finance team for one of the aluminium entities in 2001-03 for a US$ 1 billion greenfield project, he moved to Australia in 2003 as head of finance for Vedanta Group's two copper mines,

Mr. Naresh H. Bhansali has been awarded the Best CFO in the ‘Healthy Balance Sheet Management — Mid Size Corporate' category by YES BANK-BW BusinessWorld for the year 2018. For three years in a row since 2015-16, Mr Bhansali has been adjudged the BEST CFO by YES BANK-BW BusinessWorld, which is indeed a commendable achievement.

Himachal Future Communications Limited reported strong quarterly performance in Q1FY19. The company’s Turnkey & Contract segment reported strong traction in the revenue

Following stocks are close to their 52-week low as at 12.28 p.m. on August 2, 2018.

A Finance professional with over three decades of experience in India and abroad, Lalit oversees the Accounting, Business Support, Financial Planning and Analysis, Mergers & Acquisitions, Internal audit and Tax functions at Dabur globally. He is a strong proponent of good Corporate Governance Practices and believes that transparency is the key ingredient for success of any organisation. 

The markets on August 2, 2018 opened flat. BSE Sensex is trading at 37,355.94, down by 165.68 points and the Nifty is trading at 11,297.70, down by 48.50 points. 

Balaji is a global finance professional with over two decades of experience in the corporate sector. He started his career with Unilever in 1995 and worked in different corporate finance roles across Asian markets, Switzerland, UK and India

Creating a sound investment plan will help you achieve your financial goals more confidently. Read on to know more…

Mr. Sharma has rich and varied experience in Petroleum Industry. He joined IndianOil in 1983 and has handled various assignments in Finance function both in Marketing as well as the Refinery Division of Indian Oil. 

Two and three-wheeler giant, Bajaj Auto Limited reported its best July sales growth since 2010. The company sold 4 lakh units during the month, registering a growth of 30 per cent over the same period last year.

Few years back, a lot of fintech companies appeared on the Indian financial landscape. Many of them were robo-advisory firms that wanted to automate the entire investing process for an investor.

EBITDA for the quarter rose by 15.5 per cent yoy to Rs. 6.41 crore with a corresponding margin expansion of 29 bps. EBITDA margin for the quarter stood at 13.1 per cent.

This is an open-ended equity scheme, which seeks to invest in a diversified manner by allocating funds to the stocks of companies that can benefit from the ongoing structural changes and economic reforms in the country. 

The company has successfully registered four products for sale in the European Union region. Following the development, the stock of Indo Amines gained more than 6 per cent in early trade on Thursday.

Overall volumes in futures & options currently stand at 91.35 lakh contracts with a turnover of Rs. 9,15,343.18 crore.

Overall volumes in futures & options currently stand at 91.35 lakh contracts with a turnover of Rs. 9,15,343.18 crore.

Asset allocation is the single most important factor in ensuring financial success. In the broader sense, asset allocation includes a variety of asset classes like equity, fixed income, gold and real estate. Of this,equity, fixed income and cash/cash equivalents form the financial assets, while gold and real estate form physical assets. For the purpose of simple explanation, we will restrict to equity and debt. 

The Indian equity markets have turned volatile in the last few months. In the same period, the Indian rupee has also depreciated against the US dollar. DSIJ explains how you can use International funds to diversify your portfolio and gain from the falling rupee. 

Financial independence, though desired by many, is achieved by very few. Making a winning and sustainable portfolio will help you to achieve it. There is no secret mantra or rocket science to attain your financial independence early and securely. The formula is well researched, documented and open to all. 

The mutual fund industry has come a long way since 1993, when the first private sector players entered the space. In July 1993, Kothari Pioneer, a joint venture between Chennai-based Kothari Group and US-based Pioneer Mutual Fund, was the first private sector asset management company to get licence to launch MF products. Prior to that, the MF space in India was largely dominated by government-owned institutions and banks. But contrary to the general expectation that entry of private players would take the industry growth to the next level, the MF space remained a non-starter even after the entry of foreign firms such as Morgan Stanley. For the next ten years, AUMs of the industry grew at a laggardly rate of 10.5 per cent per year. 

Non-banking finance companies (NBFCs) have been on the radar of investors over the past few years. Indeed, many of the leading NBFC players have turned out to be multi-baggers, viz., Bajaj Finserv and Bajaj Finance. While the sector has been riding on decent growth trajectory over the past 3 to 5 years, it is worth looking at the sector afresh amidst increasing Advances of the NBFC sector increased by 21.2 per cent and investments increased by 13.4 per cent.

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.

CFOs are often the most trusted management resource for the investors. Leading CFOs of Corporate India interact with the DSIJ TEAM and share their company's vision and strategies in this CFO special edition

I am really appreciative of the DSIJ team for very appropriately taking up Cover Story “Underperforming Stocks: What Should You Do with them?” It has been very correctly brought out that holding the underperformers is a cascading risk which can wipe out the invested capital altogether.

Since its inception in the year 1997, PVR has transformed itself into India’s largest and premium film exhibition company. PVR Ltd, the integrated film and retail brand, has PVR Cinemas as its major subsidiary. 

Indian benchmark indices breached their major resistances and are hitting all-time high levels. Sensex had hit its first all-time high after January on July 12, while Nifty did it for the first time on July 26. Currently, the indices are trading at their peaks, making higher highs on a daily basis. The broader markets too witnessed bottom fishing and have succeeded in breaking their prior major resistances, depicting trend reversal in Mid-cap and Small-cap indices

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

Blue chip index stocks are fuelling the market rally, whereas companies with lacklustre, flat and disappointing earnings are being dumped by investors. Despite the rally, the market is reevaluating a large number of stocks that were earlier peaking on the back of mere sentiments. 

India’s largest currency derivative exchange, BSE has launched USINR Weekly Futures & options (F&O). The derivative exchange registered a daily average turnover of approximately Rs. 2130 crore in USINR Weekly Futures & options on the third day of its launch.

We said it in the issue no 10, volume 33, dated April 16-29 2018, even when everyone else was bearish on the markets that Sensex will reach 38000 by year end. Now, here we are at a kissing distance of the magic figure with almost five months to go for the markets to conclude the year. 

Going ahead, immediate support for the Nifty may come in at 11,310 and 11,260 levels, while on the upside, the level of 11,400 is likely to act as a stiff resistance, followed by 11,450. Stocks in news: Tata Power, Excel Crop Care, ICICI Bank, Punjab National Bank, Mangalore Chemicals and Fertilizers, NALCO, MCX, Gujarat Alkalies and Chemicals and Pratibha Industries.

Indian markets are likely to make a cautious start amid negative cues from Asian peers and following an overnight mixed session in the US. The SGX Nifty, which was trading with modest gains of about 8 points, indicated that Nifty could open at 11,367. Among Nifty 50 companies, Indiabulls Housing Finance and ONGC are due to report their earnings today. 

The stocks that are likely to witness significant movement on the bourses on August 2 are Zydus Cadila, HEG, TVS Motor, Exide Industries and Emami.

BSE Investments Limited (BSEIL), a 100% subsidiary of BSE acquired 24 per cent stake in CDSL Commodity Repository Limited (CCRL).

Apollo Tyres reported strong growth for Q1FY19 on the back of strong top-line aided by superior sales in the Asia Pacific and MEA segment

In the recent years, people are trending more towards MF investment rather than following the traditional investment options. But before investing one should always take care of the risks. That is one should always do some basic home work before investing and one should always link their investment with their financial goals.

In the past six months, the markets experienced both upswings and downslides. The roller coaster ride has triggered many investors to look at all the potential opportunities to reap returns.

The company's consolidated revenue for the quarter came in at Rs. 304.95 crore, registering 51.4 per cent yoy increase. The company registered massive jump in revenues from Lead, Aluminium and Turnkey projects by 43.9 per cent, 44.1 per cent and 528.7 per cent yoy, respectively.

The standalone revenue for the quarter came in at Rs. 1,913.52 crore, registering 8.2 per cent yoy increase. The company's Madura Fashion & lifestyle segment and Pantaloons grew by 5.1 per cent and 11.2 per cent yoy, respectively.

Emami reported strong volume growth Q1FY19 over the previous year, with market share gains in many segments

The central bank has increased the repo rate by 25 bps to 6.5 per cent in its third bi-monthly RBI policy review meeting for 2018-19. However, RBI has maintained a neutral stance on the economy.

To keep itself equipped with the latest technology in this digitalised world, Asia’s oldest stock exchange BSE on Wednesday launched Ask Motabhai, an artificial intelligence based chatbot.

EIH Hotels reported steady performance for Q1FY19 with deterioration in bottom-line.

Two and three-wheeler giant, Bajaj Auto Limited reported its best July sales growth since 2010.

Following stocks are close to their 52-week low as at 1.12 p.m. on August 1, 2018.

The markets on August 1, 2018 opened up. BSE Sensex is trading at 37,565.72, down by 40.86 points and the Nifty is trading at 11,356.25, down by 0.25 points. 

A consortium of oil exploring companies lead by Reliance received a favourable ruling in a dispute regarding unjust production of gas near the blocks allocated to ONGC in the Krishna-Godavari Basin.

Parag Milk Food, a dairy FMCG company has informed bourses on Wednesday that it will begin production process in its plant installed at the Sonipat, Haryana by end of this week. 

EBITDA for the quarter fell by 19.4 per cent yoy to Rs. 9.57 crore with a corresponding margin contraction of 105 bps. EBITDA margin for the quarter stood at 4.7 per cent.

TATA Motors reported a surprise loss in Q1FY19 due to weaker JLR earnings and foreign exchange losses in the first quarter of the fiscal year.

With the continued volatility in crude oil price and steep depreciation of the Indian rupee, the company expects a challenging second half, but will be taking appropriate actions to support the volume growth momentum.

Most of us consider the historical performance of the fund as a prime selection criterion. Read on to know the caution you need to take while zeroing on a fund.

EBITDA for the quarter rose by 4 per cent yoy to Rs. 210.94 crore with a corresponding margin contraction of 362 bps. EBITDA margin for the quarter stood at 31.2 per cent.

Overall volumes in futures & options currently stand at 55.40 lakh contracts with a turnover of Rs. 5,29,372.26 crore.

Overall volumes in futures & options currently stand at 55.40 lakh contracts with a turnover of Rs. 5,29,372.26 crore.

Going ahead, the level of 11,400 is likely to act as a resistance level and a move beyond this level may take Nifty towards the level of 11,470. Stocks in news: Jindal Steel and Power, Orient Refractories, Bank of Baroda, Tata Motors and Reliance Industries.

Today, the markets are likely to open in high spirits as India’s core sector posted a seven-month high growth of 6.7 per cent in June. Going ahead, investors would watch out for the Reserve Bank of India’s (RBI’s) policy announcement later in the day. Other data to be watched today will be Nikkei Manufacturing PMI data for the month of July and auto companies will be in focus as they will report their sales figures. 

The operating level profit turned positive with EBITDA of Rs. 20.67 crore as against operating loss of Rs. 3.41 crore in the corresponding quarter last year. The EBITDA margin for the quarter stood at 15.1 per cent.

Supreme Industries posted stable results for Q1FY18 on a QoQ basis. The company recorded exceptional gain on selling of its unit to a newly formed JV.