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Showing posts from July, 2021

Ahead of Market: 12 things that will decide stock action on Monday

Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade setup on the counters of Torrent Pharma, Mindteck, Capacit’e Infraprojects, APL Apollo Tubes and La Opala. from Stocks-Markets-Economic Times https://ift.tt/3sHwST0 via Urmarketspy

Smallcaps give higher returns to investors this fiscal

Smaller stocks have rewarded investors with high returns as the smallcap index jumped by 29.72 per cent so far this fiscal, outshining its bigger benchmark gauge. An analysis of the performance of smaller stocks in the first four months of the ongoing fiscal revealed that the BSE smallcap index has zoomed 6,137.29 points or 29.72 per cent, while the midcap index has jumped 2,905.91 points or 14.39 per cent. from Stocks-Markets-Economic Times https://ift.tt/3fiXBho via Urmarketspy

Six out of top 10 firms lose Rs 96,642 cr in market cap

Six of the 10 most valued domestic firms witnessed a combined erosion of Rs 96,642.51 crore in their market valuation last week, with Reliance Industries Limited taking the biggest hit. Last week, the 30-share BSE benchmark dipped 388.96 points or 0.73 per cent. While Reliance Industries, Tata Consultancy Services, HDFC Bank, Hindustan Unilever Limited, HDFC and Kotak Mahindra Bank were the laggards, Infosys, ICICI Bank, State Bank of India and Bajaj Finance were the winners. from Stocks-Markets-Economic Times https://ift.tt/3xglRHb via Urmarketspy

Dalal Street investors richer by over Rs 31 lakh cr this fiscal so far

Reflecting an upbeat sentiment in the market, the benchmark had reached its all-time high of 53,290.81 on July 16, 2021. It closed at its lifetime high of 53,158.85 on July 15. Thanks to the optimistic investor sentiment, the market capitalisation of BSE-listed companies have zoomed Rs 31,18,934.36 crore to reach Rs 2,35,49,748.90 crore -- its record high level -- on July 30. from Stocks-Markets-Economic Times https://ift.tt/3fkPG35 via Urmarketspy

Cathie Wood is just the beginning as stock pickers storm the ETF world

Amped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing. Passive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg from Stocks-Markets-Economic Times https://ift.tt/3C5z5Kj via Urmarketspy

RBI policy meeting, auto sales among key factors that may guide markets next week

"The factors that have been at the core of market activity are the recent rise in virus cases indicating a probable revival in the near future, the Fed stance on monetary policy turning more foggy with higher inflation and better growth numbers, and the enhancement of Chinese regulatory oversight mainly on tech, and edu tech companies." from Stocks-Markets-Economic Times https://ift.tt/37dpy5K via Urmarketspy

Sify Technologies revenue jumps 23% in Q1; data centers to push future growth

The data center co-location business is one of the fastest growing segments in India and is led by hyperscale cloud providers, followed by enterprises and supporting telecommunications players. He said he expects this to drive the company's future growth, alongside cloud, network and digital services businesses. from Stocks-Markets-Economic Times https://ift.tt/3yjv96q via Urmarketspy

IDFC First Bank posts Rs 630-cr loss in Q1 on pandemic provisions

Gross bad loans also jumped significantly with the GNPA ratio coming at 4.61% versus 1.99% a year ago. Total quantum of bad loans rose sharply to Rs 4,667 crore at the end of the June quarter versus Rs 1,741 crore a year ago. Net NPA ratio came at 2.32% versus 0.51% in the year ago period. The identified stress asset pool stood at Rs 1,371 crore as on June 30. Fresh slippages also rose to Rs 2,800 crore. from Stocks-Markets-Economic Times https://ift.tt/2V48DQS via Urmarketspy

Storyboard Exclusive Interview: Meet OgilvyĆ¢€™s global CEO Andy Main, the "outsider" scripting the legacy ad agencyĆ¢€™s transformation

On his one-year anniversary in the role, OgilvyĆ¢€™s global chief executive officer, Andy Main, talks about future-proofing the business, his Ć¢€œspirit connectionĆ¢€ to David Ogilvy, and a world tour through WhatsApp, among other things. from Moneycontrol Latest News https://www.moneycontrol.com/news/advertising/storyboard-exclusive-interview-meet-ogilvyĆ¢€™s-global-ceo-andy-main"outsider"-scriptinglegacy-ad-agencyĆ¢€™s-transformation_15358261.html via Urmarketspy

NSE Bulk Deals: Sami Vartak’s SageOne sells stake in Mangalore Chemicals

Shares of Mangalore Chemicals ended 2.2 per cent lower at Rs. 79.4 on the NSE. from Stocks-Markets-Economic Times https://ift.tt/2V4XC1z via Urmarketspy

Britannia Q1 results: Net profit drops 29% to Rs 387 cr

Total income during the first quarter stood at Rs 3,464 crore, compared to Rs 3,514 crore in the same period of last fiscal. from Stocks-Markets-Economic Times https://ift.tt/3rGexDy via Urmarketspy

Dalmia Bharat Sugar Q1 results: Net profit dips to Rs 124 cr

Total income fell to Rs 823.45 crore in the first quarter of this fiscal from Rs 897.99 crore in the corresponding period of the previous year, the company said in a regulatory filing. from Stocks-Markets-Economic Times https://ift.tt/3BYFxmA via Urmarketspy

Nazara Technologies Q1 results: Co posts net profit at Rs 14 cr

Its revenue during April-June 2021 jumped 45 per cent to Rs 131.2 crore, compared with Rs 90.5 crore in the year-ago period. from Stocks-Markets-Economic Times https://ift.tt/3lfOPVc via Urmarketspy

Equitas SFB Q1 results: Net profit dips 79% to Rs 12 crore

Total income during the quarter under review rose to Rs 922.59 crore from Rs 750.96 crore in the year-ago period. from Stocks-Markets-Economic Times https://ift.tt/3j7vlzu via Urmarketspy

CCI approves minority stake-buy in Azure Power Global by OMERS Infrastructure Asia Holdings

Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned. from Stocks-Markets-Economic Times https://ift.tt/2V5Efp8 via Urmarketspy

IndiGrid Q1 results: Net profit down 5% to Rs 81 crore

Total income rose to Rs 564.99 crore in the quarter from Rs 367.45 crore in the same period a year ago. from Stocks-Markets-Economic Times https://ift.tt/3idpt8m via Urmarketspy

Shriram Transport Fin Q1 results: PAT drops 47% to Rs 170 cr

Total income during Q1 FY22, however, was higher at Rs 4,651.50 crore from Rs 4,144.17 crore in Q1FY21, the company said in a regulatory filing. from Stocks-Markets-Economic Times https://ift.tt/3ldwWGt via Urmarketspy

LT Foods Q1 results: Co's consolidated net profit falls to Rs 76 cr

Total revenue of the company, whose brands include Daawat, marginally declined in the latest June quarter to Rs 1,223 crore from Rs 1,238 crore in the year-ago period. from Stocks-Markets-Economic Times https://ift.tt/3xcUNbJ via Urmarketspy

Kansai Nerolac Paints Q1 results: Net profit rises over two-fold to Rs 111 cr

Its total revenue from operations rose over two times to Rs 1,397.20 crore during the quarter under review as against Rs 631.37 crore in the corresponding three months of the previous year. from Stocks-Markets-Economic Times https://ift.tt/3j7m3U8 via Urmarketspy

Marico Q1 results: Net profit dips 6% to Rs 365 cr; sales up 31% to Rs 2,525 cr

Revenue from operations of the Mumbai-based firm rose 31.16 per cent to Rs 2,525 crore, as against Rs 1,925 crore in the corresponding quarter of the previous year. from Stocks-Markets-Economic Times https://ift.tt/3rKkq2t via Urmarketspy

Cholamandalam Investment Q1 results: Co clocks standalone PAT at Rs 327 cr

The total income on standalone basis grew to Rs 2,467.01 crore from Rs 2,113.65 crore registered in the same quarter of the last fiscal. from Stocks-Markets-Economic Times https://ift.tt/3j4mPkK via Urmarketspy

BHEL Q1 results: Co's net loss narrows to Rs 448 crore

Total income in the quarter rose to Rs 2,966.77 crore from Rs 2,086.43 crore. from Stocks-Markets-Economic Times https://ift.tt/3jm0Hmb via Urmarketspy

Sebi gives more time to brokers, clearing members to comply with certain rules

The watchdog has also given time till December 31 to brokers for operating the trading terminals from designated alternate locations. from Stocks-Markets-Economic Times https://ift.tt/2WxSqn7 via Urmarketspy

Blue Dart Express Q1 results: Co posts net profit of Rs 31 crore

Its consolidated total income during April-June 2021 period increased to Rs 872.81 crore, compared with Rs 418.83 crore in the year-ago period, the filing said. from Stocks-Markets-Economic Times https://ift.tt/2V8DGef via Urmarketspy

Exide Industries Q1 results: Co posts consolidated PAT of Rs 32 cr

Revenue from operations stood at Rs 3,543 crore during the quarter as against Rs 2,526 crore in Q1 FY20, Exide Industries said in a regulatory filing. from Stocks-Markets-Economic Times https://ift.tt/2VpPQiM via Urmarketspy

Shriram City Union Fin Q1 results: Net profit rises 8.2% to Rs 208 cr

Total income during April-June 2021 rose slightly to Rs 1,495.56 crore, from Rs 1,414.57 crore a year ago. from Stocks-Markets-Economic Times https://ift.tt/3fdQ6YS via Urmarketspy

Sunteck Realty Q1 results: Co reports net profit at Rs 3 cr; revenues at Rs 93 cr

The developer’s operating profit for the quarter rose 32 per cent to Rs 21 crore, while collections also grew 165 per cent to Rs 172 crore. Bookings for the period increased 74 per cent to Rs 176 crore. from Stocks-Markets-Economic Times https://ift.tt/3BXBtCO via Urmarketspy

Kansai Nerolac Paints Q1 net rises over two-folds to Rs 111.38 crore

According to the company, continuing the trend of earlier quarters, raw material prices further hardened resulting in extremely high inflation coupled with tightness in supplies. from Moneycontrol Latest News https://ift.tt/3C8JpS2 via Urmarketspy

England Cricketer Ben Stokes takes indefinite break over #39;mental well-being#39;

Stokes has withdrawn from England#39;s Test squad ahead of a five-match series against India starting at Trent Bridge next week, with his place taken by Craig Overton. from Moneycontrol Latest News https://ift.tt/3ldzp3D via Urmarketspy

Amanda Knox blasts film #39;Stillwater#39; for exploiting her case

In tweets and an essay on the site Medium, Knox called out various publications and director Tom McCarthy for using her name to promote the movie. from Moneycontrol Latest News https://ift.tt/3fdalpP via Urmarketspy

Hard-won gains at risk as Delta variant spreads: WHO

The Delta variant has been detected in 132 countries, becoming the dominant global strain, according to the WHO. from Moneycontrol Latest News https://ift.tt/2Vn1XNv via Urmarketspy

Welspun Corp Q1 results: Net profit jumps 80% to Rs 97 crore

Company's total income in the quarter under review fell to Rs 1,336.49 crore from Rs 2,085.42 crore a year ago, Welspun Corp Limited said in a BSE filing. from Stocks-Markets-Economic Times https://ift.tt/3rHNSpJ via Urmarketspy

PVR Q1 results: Co reports net loss of Rs 220 cr

Its revenue from operations was at Rs 59.39 crore during the quarter under review. It was Rs 12.70 crore in the corresponding quarter last fiscal. from Stocks-Markets-Economic Times https://ift.tt/3BUQl52 via Urmarketspy

New investor registrations cross 50 lakh on NSE in less than 4 months of FY22

Fresh registrations stood at 8.5 lakh during April-July 2019, 20 lakh in April-July 2020 and finally reached 51.3 lakh as of July 25, 2021. from Stocks-Markets-Economic Times https://ift.tt/3BRK0qZ via Urmarketspy

NSE-BSE bulk deals: Ashish Kacholia buys more stake in Garware Hi-Tech

Prior to the transaction, Kacholia held a 2.58 per cent stake in the company, as per the June shareholding data. from Stocks-Markets-Economic Times https://ift.tt/3xcoTMy via Urmarketspy

Sebi imposes Rs 10 lakh fine on Karvy Financial Services for not making open offer timely

Karvy Financial made public announcement for open offer with a delay of 81 days, in violation of Substantial Acquisition of Shares and Takeovers (SAST) norms. from Stocks-Markets-Economic Times https://ift.tt/379bHgM via Urmarketspy

Oberoi Realty Q1 results: Co reports net profit at Rs 81 crore

The developer reported consolidated revenues of Rs 294.77 crore for the quarter as against Rs 126.86 crore a year ago and Rs 800.87 crore in the previous quarter. from Stocks-Markets-Economic Times https://ift.tt/3rFXa5L via Urmarketspy

HR service firm CIEL Q1 revenues grow over 9%

The company made a turnover of over Rs. 306 crore as against the previous financial year turnover of around Rs. 279 crore, about a 10 per cent spike. from Stocks-Markets-Economic Times https://ift.tt/3BStJC5 via Urmarketspy

Tech Mahindra Q1 net profit up 39% to Rs 1,353 cr

In dollar terms, profit was up around 42 per cent at $183.2 million, while revenue climbed 14.6 per cent to about $1.38 billion in the April-June period. from Stocks-Markets-Economic Times https://ift.tt/3BTKdKa via Urmarketspy

Indus Towers posts profit of Rs 1,415 crore in Q1

The financial performance, however, is not comparable because the scheme of amalgamation and arrangement between Bharti Infratel and erstwhile Indus Towers Limited (a joint venture company) became effective on November 19, 2020. from Moneycontrol Latest News https://ift.tt/3rF6Pta via Urmarketspy

LIC Housing Finance Q1 net down 81% to Rs 153.44 crore on increased NPA provisioning

The housing finance company made a provision of Rs 830 crore for NPAs during the quarter. from Moneycontrol Latest News https://ift.tt/3jhSZcL via Urmarketspy

JK Lakshmi Cem Standalone June 2021 Net Sales at Rs 1,231.51 crore, up 49.25% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3BVcK23 via Urmarketspy

Genus Power Consolidated June 2021 Net Sales at Rs 130.36 crore, up 55.15% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3xaTUQX via Urmarketspy

Shoppers Stop Consolidated June 2021 Net Sales at Rs 205.23 crore, up 269.45% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3facHpz via Urmarketspy

Prism Johnson Standalone June 2021 Net Sales at Rs 1,116.88 crore, up 46.09% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3rHHijc via Urmarketspy

EPL Standalone June 2021 Net Sales at Rs 220.00 crore, up 17.48% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3j19cCL via Urmarketspy

Kewal Kiran Consolidated June 2021 Net Sales at Rs 91.55 crore, up 1205.99% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3l9H1nL via Urmarketspy

Motor and Gen F Consolidated June 2021 Net Sales at Rs 0.77 crore, up 2086% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3xgWJ2W via Urmarketspy

Union Bank Consolidated June 2021 Net Interest Income (NII) at Rs 7,151.75 crore, up 9.62% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3zLG7C4 via Urmarketspy

Next Mediaworks Consolidated June 2021 Net Sales at Rs 2.99 crore, up 48.7% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3iZTVSD via Urmarketspy

Poly Medicure Consolidated June 2021 Net Sales at Rs 211.94 crore, up 24.4% Y-o-Y

NULL from Moneycontrol Latest News https://ift.tt/3BOuUCJ via Urmarketspy