The PAT for the quarter came in at Rs. 7.85 crore, yoy increase of 74.1 per cent. This was partly due to sharp decline in interest expenses by 57.9 per cent yoy.

Mid-cap index is off its provisional low level and has bounced back from its major support at 15,565. After consolidating for three daily sessions at the low levels, Mid-cap index has surged for two consecutive days, hitting near 38.2 per cent retracement of the prior downward rally in May 2018.

The PAT for the quarter came in at Rs. 5.94 crore, yoy increase of 132 per cent. This was due to sharp decline in interest expenses by 46 per cent yoy.

The PAT for the quarter came in at Rs. 7.69 crore, yoy increase of 4.9 per cent.

The stock of Manpasand Beverages extended its losing streak on Monday and has been losing for the last four days and has fallen by 22.67 per cent in the period. The fall was triggered by the resignation of its auditor Deloitte Haskins & Sells.

Following stocks are close to their 52-week low as at 2.38 p.m. on May 28, 2018.

The share price Adani Enterprises surged by over 3 per cent on the bourses in Monday’s trade as the company announced that it has sold stake in its subsidiary company Adani Chendipada Mining. 

The markets on May 28, 2018 opened up. BSE Sensex is trading at 35,197.33, up by 272.46 points and the Nifty is trading at 10,698.35, up by 93.20 points.

The share price of Larsen & Toubro surged by over 2 per cent on the bourses in Monday’s intraday trade as the company’s construction arm L&T Construction bagged another order worth Rs. 5,704 crore. 

The PAT for the quarter came in at Rs. 9.32 crore, yoy increase of 28 per cent. This was due to sharp decline in interest expenses and depreciation by 84 per cent and 74 per cent respectively.

This was in response to a objection filed by India's largest FMCG player Hindustan Unilever Limited against Kwality Limited stating that it has sole right for the Kwality brand.

Divis Laboratories posted stable quarterly results for Q4FY18 with steady revenue growth and marginal bottom-line increase.

Avanti Feeds reported subdued results for the quarter. The revenue saw strong gain over the previous year, however the operating profits and bottom-line were weak for the quarter

The PAT for the quarter came in at Rs. 10.27 crore, yoy increase of 174.6 per cent. This was due to jump in other income to Rs. 3.64 crore in Q4FY18 vs Rs. 1.50 crore in Q4FY17.

Looking at the full year numbers, we see that revenue jumped by 5 per cent to reach Rs. 1,557.16 crore while EBITDA rose by 21 per cent to Rs. 200.03 crore.

Overall volumes in futures & options currently stand at 83.59 crore contracts with a turnover of Rs. 7,04,102.93 crore.

Overall volumes in futures & options currently stand at 83.59 crore contracts with a turnover of Rs. 7,04,102.93 crore.

Going ahead, we expect Nifty to advance to the level of 10,665-10,674 and it may face resistance around this level as it is a confluence of 21-day SMA and 50 per cent retracement level of the recent downmove. Stocks in news: Welspun Enterprises, ITDC, Torrent Pharma, UBL, Dr Reddy’s Laboratories, Himatsingka Seide, Dilip Buildcon, MEP Infrastructure Developers, IDBI Bank, Punj Lloyd and Cadila Healthcare.

Indian markets are likely to make mildly positive start as Asian peers are lacking clear direction. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open with modest gains of 8 points around the level of 10,647.  

If you have been planning for retirement, you need to make sure that the retirement corpus will be adequate enough to meet your post-retirement needs. More importantly, your retirement corpus has to be safe and secure and should not be exposed to the risk of capital erosion. 

You are in need of money, but your money is stuck up in various investments such as shares, bonds, debentures, mutual fund units, insurance policy, etc. 

If you are a credit cardholder, you would have noticed on the credit card bill the reward points that get added in your bill every month when you spend on your credit card.

Swelect Energy Systems standalone revenue for the quarter came in at Rs. 45.98 crore, registering 41.6 per cent yoy decline.

Looking at the full year numbers, we see that the revenue declined by 2 per cent to reach Rs 1043.04 crore, while the EBITDA fell by 2 per cent to Rs 162.21 crore.

The share price of IFCI jumped sharply by over 12 per cent on the bourses in Friday’s trading after the company received Rs 280 crore from the resolution of Bhushan Steel.

Japanese auto car makers Toyota Motor and Suzuki Motor Corporation may from a joint venture (JV) to make cars together and sell these in the name new entity

The external value of Indian rupee (INR) is declining and is down by 6.9 per cent  against US Dollar, year till date. This has been one of the factor that has led to a fall in the Indian equity market. Nevertheless, this has a silver lining and you can invest in funds that invest in US-Focused funds that will help you reap good returns.

EBITDA for the quarter fell by 9 per cent yoy to Rs. 191.5 crore with a corresponding margin contraction of 47 bps. EBITDA margin for the quarter stood at 7.5 per cent.

Slow recovery of payments from many markets, resulted in a cautious approach to sales. Hence the overall performance of the division was subdued.

India Cements standalone revenue for the quarter came in at Rs. 1,397.81 crore, registering 8.2 per cent yoy decline.

Liquor manufacturer and distributor Som Distilleries recorded a stark rise of over 5 per cent on the bourses in Friday’s intraday trade as the company began its operations in West Bengal.

During lunch hours on Friday, the stock of steel companies were buzzing and trading up by around 3.50 to 4 per cent in anticipation of price hike for HRC.

Indian banking industry is in a restructuring mode with major NCLT accounts getting resolved and releasing huge amount of money struck as NPAs or provisions for NPAs. However, the public sector banks continue to remain a key risk for the banking system.

EBITDA for the quarter fell by 32.3 per cent yoy to Rs. 15.46 crore with a corresponding margin contraction of 464 bps. EBITDA margin for the quarter stood at 5.9 per cent.

The National Highways Authority of India (NHAI) has granted Letter of Acceptance (LoA) to MEP Infrastructure Developers Ltd. informing that the company has been engaged as the Contractor for user fee collection at Athur Toll Plaza.

EBITDA for the quarter rose by 29.6 per cent yoy to Rs. 146 crore with a corresponding margin expansion of 158 bps. EBITDA margin for the quarter stood at 15.5 per cent.

 Cochin Shipyard reported robust results for Q4FY18 with strong margin expansion.

EBITDA for the quarter rose by 2.3 per cent yoy to Rs. 96.4 crore with a corresponding margin contraction of 116 bps. EBITDA margin for the quarter stood at 9 per cent.

The stock of Vedanta extended its losing streak on Friday. The stock has fallen close to 10 per cent in the last three days. Vedanta-owned Sterlite Industries is facing protests in Tuticorin, Tamil Nadu on allegations of pollution from its copper smelting plant situated there.

These are the stocks where short build up position is seen

These are the stocks where long build up position is seen

Going ahead, a follow-through move above the 100-day SMA, which is placed in the region of 10,538, could lead the index up to the levels of 10,580-10,600. Stocks in news: Gayatri Projects, PNC Infratech, Avenue Supermarts, Camline Fine Science, Neuland Laboratories and Kaveri Seed Company.

Indian benchmark indices are likely to witness a dull start as cues from Asian peers are mixed and the standoff between the US and North Korea is likely to make matters worse. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open almost unchanged around the level of 10,511.  

High risk taking investors can take exposure in Hexaware Technologies.

The global trade war has already left a negative footprint in the economy and dented the benchmark indices, but the story is not finished yet as the US is now imposing tariffs on imported cars and trucks, which can create trade tensions and shake up the global auto industry. 

Asia’s first stock exchange BSE entered into an agreement with Brink's India, supporting its long-awaited launch of bullion (gold and silver) commodities trading. 

MOIL Ltd reported stable numbers for the fourth quarter, despite the Seventh Pay Commission adding pain to company’s margins.

The construction arm of heavyweight Larsen & Toubro bagged orders worth Rs 2112 crore on Thursday. The company’s buildings and factories business secured orders worth Rs. 1565 crore, while its power transmission and distribution business won orders worth Rs 547 crore.  

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

NFO that is new fund offering is the initial offer to the investors for subscription to a new mutual fund.

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 retreated in the middle of a relief rally after BJP’s setback in Karnataka elections. The BJP's struggles in Gujarat followed by Karnataka depicts the party's overall weakness and vulnerability

The PAT for the quarter jumped at Rs. 1,020.92 crore vs Rs. 260 crore in the corresponding quarter last year.

Looking at full year 2017-18 numbers, revenue increase marginally by 2.2 per cent yoy to Rs. 453 crore. While EBITDA for the period surged almost 21 per cent yoy to Rs. 53 crore.

Heidelberg Cement standalone revenue for the quarter came in at Rs. 531.33 crore, registering 1.4 per cent yoy decline.

Cosmo films reported stable results with dip in bottom-line and stable margins across the board.

Indian Hume Pipe posted subdued results compared to the previous year

The share price of Eros International spiked approx 16 per cent on the bourses on an intraday basis on Thursday after the company reported consolidated net profit jump of 85.31 per cent at Rs. 58.69 crores for the fourth quarter ended March 31 against Rs. 31.67 crore during the previous fiscal year.

"If a statue is ever erected to honour the person who has done the most for American investors, the hands-down choice should be Jack Bogle," wrote legendary American investor Warren Buffett in one of his letters to shareholders. 

This is an open-ended equity scheme, which seeks capital appreciation by investing into large cap stocks with good fundamentals and good long term prospectus. 

Fixed deposit still remains the preferred investment vehicle, however, better returns offered by mutual funds will help tilt the balance towards MFs 

Initial public offers (IPOs) have gained immense popularity in the recent years, notching up to a record high amount in financial year 2018. Particularly, IPOs in the Indian markets witnessed a large number of listings and overwhelming enthusiasm amongst the investors. FY18 witnessed the highest fund raising, with companies raising Rs82,109 crore through 45 IPOs in FY18 as compared to Rs28,225 crore in FY17.

Bill Gates once said, “If you are born poor, it’s not your mistake, but if you die poor, it’s your mistake.” This quote quite sums up the importance of planning your finances properly and juggling various aspects of managing incomes, expenses and investments. Investing may sound easy, but it comes with its own set of challenges, as the decisions we take today have the ability to shape our future and also decide whether we can achieve our financial goals

The wisdom of investing is all about taking smart investment decisions that maximise returns on your investments. The only thing that helps you in achieving this is your entry and exit at the right time. Investors are usually advised to invest for the long term in mutual funds. There are situations, however, which prompt investors to exit from the fund early.

The share price of Ashoka Buildcon recorded a stark rise of over 4 per cent in the intraday trade on Thursday as the company announced that it has received an arbitral award of Rs. 383.3 crore on several claims filed by the company’s subsidiary.  

The net loss for the quarter came in at Rs. 4.21 crore vs net loss of Rs. 3.87 crore in the corresponding quarter last year.

Following stocks are close to their 52-week low as of 12.44 p.m. on May 24, 2018

James Surowiecki, an American Journalist advocated that if we act together, we are better than what we think. He gives a perfect example of this in this book, “The Wisdom of Crowds”. In the contest held at a country fair in England in 1906, the entrants had to guess the weight of an ox. Almost 800 people entered the contest. Some were butchers and farmers, who had some experience with the weight of such animals. 

Following stocks are close to their 52-week high as of 12.44 p.m. on May 24, 2018.

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 net loss widens to Rs. 13 crore in the quarter as compared to a net loss of Rs. 2 crore in the corresponding quarter last year. This was mainly due to huge deferred tax expense of Rs. 15 crore in this quarter.

The share price of Godrej Industries Ltd. slipped approx. 6 per cent on the bourses in the morning session on Thursday despite delivering a positive quarterly result.

The PAT for the quarter came in at Rs. 15.67 crore, yoy increase of 51.4 per cent. This was led by jump in other income from Rs. 1.69 crore to Rs. 5.52 crore in Q4FY18.

Leading automaker Tata Motors extended losses after reporting 50 per cent decline in profits on a YoY basis. The company reported consolidated net profit at Rs. 2,175 crore for Q4FY18 as compared to Rs. 4,336 crore in Q4FY17.

The company's operating segments include agri, which includes agricultural commodities, such as rice, Furfural, seed, bran and bran oil, among others, and energy, which includes power generation from wind turbine, husk-based power plant and solar power plant.

While participating in equity markets, one of the foremost dilemma faced by the investors is: “What strategy will work best in equity markets?” and “How does one beat markets, i.e Sensex or Nifty, consistently?” No matter what direction an investor takes, he or she is always looking for that extra edge that will provide the much-wanted extra returns.While the merits of value investing, contrarian investing, growth investing and momentum investing are well-documented, there is no clarity on the performance of a portfolio that primarily consists of debt-free companies.

Most long term equity investors will agree they get smitten when the company in which they hold shares declares issue of bonus shares. Very few investors will complain if the companies in which they are invested declare bonus issues. Historically, investors have created wealth in blue chip stocks such as Infosys, RIL, TCS, and Wipro that have issued bonuses from time to time. However, there is empirical evidence to suggest that wealth is also created in the stocks of companies that have not issued bonus shares at all.

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.

Indian stock market bulls had fought back the repercussions of Union Budget followed by Trump’s protectionist policies and trade war scare. The expected recovery in corporate earnings for Q4, favourable monsoon and expectations ahead of the Karnataka elections had brought in optimism in the markets, so much so that the benchmark indices had broken out of their psychological resistance levels. However, the political fall-out of the Karnataka elections and the concerns over rising crude oil prices washed off all the efforts of the bulls. Finally, the bears took the charge after BJP's fiasco in Karnataka and markets witnessed a steep fall. BJP’s failure to muster majority in Karnataka followed by the growing alliance of the Congress with the non-NDA parties weighed on the markets. On the global front, the crude oil prices hitting above USD 80/barrel and simultaneously the rising dollar turned out to be hiccups for the markets across the globe

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

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

In the fortnight gone by, markets remained volatile due to political uncertainty in Karnataka after the state elections. The benchmark Sensex failed to close above its crucial support placed at 35,000. It reversed its gains on May 15 after hitting an intermediate top placed near 35,993. 

Markets have predictably reacted to the political development in Karnataka in the short term. Markets are also staring at the concerns over rising crude oil prices and the damage these can cause to the Indian economic growth story. The US sanctions on Venezuala and Iran and the production cut in OPEC are pushing the crude oil prices higher. The rising crude oil prices, along with the declining Indian rupee, which is Asia’s worst performing currency in CY18 so far, have created headwinds for the equity markets. 

These are the stocks where short build up position is seen:

These are the stocks where long build up position is seen:

For the coming session, the level of 10,380 will act as an immediate support, followed by 10,330, which is the 200-SMA. On the upside, the level of 10,480, followed by 10,550, would now be seen as strong hurdles for the index. Stocks in news: Indiabulls Housing Finance, NLC India, Sunteck Realty, Tata Power, Shalimar Paints and MEP Infrastructure.

Indian markets are likely to make flat to positive start. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open with gain of 34 points at 10,455.  

The revenue from Jaguar and Land Rover in the quarter rose almost 13 per cent and sales from Tata brand rose 27 per cent YoY. 

The provisions for the quarter jumped by 23.5 per cent YoY, while these declined by 26.2 per cent QoQ to Rs 14.3 crore in Q4FY18 as against Rs 11.6 crore in Q4FY17 and Rs 19 crore in Q3FY18.

Gravita India soared on the bourses on Wednesday after the company announced signing a contract with Amara Raja Batteries for collection and recycling arrangements of scrap lead acid batteries.

The new employees will be serving out of St. Petersburg, Florida and will help digitalise the US insurers Transamerica’s US insurance and annuity business operations.

It takes a lot of analysis while making an investment decision. Ideally, even while exiting or redeeming an investment, an investor should thoroughly think and analysis why the scheme is underperforming. Moreover, investors should know when to redeem their investments.

With the increasing awareness and increasing interest of the investors many of the mutual fund houses came up with the NFOs with different themes.  Find the new fund offers currently open.

For the full year, the NII grew by 19 per cent yoy to Rs. 106 crore. The provisions also jumped to Rs. 48 crore in FY18 from Rs. 5 crore in FY17. The AUM grew by 43 per cent yoy to Rs. 795 crore. 

Total revenue for the quarter rose by 34 per cent yoy to Rs. 15,407 crore in Q4FY18 vs Rs. 11,473 crore in Q4FY18. Also, for the full year revenue grew by 31 per cent yoy to Rs. 56,521 crore in FY18 vs Rs .43,157 crore in FY17.