Share Market Tips | Stock Market Tips | MCX Tips

There were pending sell orders of 499 shares, with no buyers available. Shares of Riga Sugar Companylocked at 5 percent lower circuit after the resignation of its CFO. Satya Ranjan Mallick has resigned from the post of chief financial officer (CFO) of the company with effect from August 16, 2019. There were pending sell orders of 499 shares, with no buyers available. At 1129 hrs, Riga Sugar Company was quoting at Rs 6.88, down Rs 0.36, or 4.97 percent. Best Share Market News, Click Here To Get More News -  Share Market tips , for 2 Days Free T rial give a missed call @9644405057 and Get Share Market Services.

In a major blow to the defaulting company IL&FS' auditors Deloitte and BSR and Associates, the Mumbai bench of the National Company Law Tribunal (NCLT) on Friday said that it has jurisdiction over these firms and the authority to ban them under the Companies Act for their alleged role in financial misappropriation. Deloitte Haskins and Sells (Deloitte) and global advisory firm KPMG arm BSR had challenged the NCLT's jurisdiction to prosecute the companies and ban them after the Corporate Affairs Ministry (MCA) had sought such a five-year ban on them.  The tribunal said that the order is "appealable" and it was aware of the fact that the case could move ahead to the National Company Law Appellate Tribunal and the Supreme Court.  Both the audit companies have been under the MCA's scanner after the probe by the Serious Fraud Investigation Office (SFIO) found that Deloitte had disregarded the Reserve Bank of India's (RBI) regulations and t...

Shares of HCL Technologies Ltd lost about 10% since its March quarter results, underperforming the Nifty IT index, due to concerns over growth and profitability. The June quarter results will reassure investors to some extent. Constant currency revenues grew 4.2% from the March quarter, better than the most optimistic estimate on the Street. From a year ago, they are up 17%, the highest in recent years. Excluding the benefit of a recent acquisition, sequential revenue growth stood at 3.8%, which is healthy. However, the benefit of revenue acceleration was negated by a steep fall in profitability to 17.1%. It is down a good 1.8 percentage points from the March quarter. As a consequence, operating earnings (earnings before interest and tax ) in dollar terms fell 6.3% sequentially. “Management already guided that Q1 margins will be weak owing to IBM products acquisition led transition costs while revenues would be absent and flow only from Q2. However, the quantum of margi...

Cigarette volume growth could be around 5-6 percent in Q1FY20 on the lower base of 1.5 percent growth in the year-ago. The volume growth in the March quarter was 7.5 percent. ITC, which will release its June quarter results on August 2, is likely to report double-digit YoY growth in profit with a healthy EBITDA. Revenue is expected to rise 8-9 percent YoY, backed by cigarette and FMCG segment, brokerages said. The volume growth for cigarettes could be around 5-6 percent in Q1FY20 on the lower base of 1.5 percent growth in Q1fy19. The volume growth in the March quarter was 7.5 percent. "ITC is expected to witness sales growth of 8.5 percent YoY, mainly driven by robust growth from cigarettes and FMCG segment. The cigarettes segment is likely to witness around 6 percent volume growth on a low base," said ICICI direct, which also expects profit to rise by 12.8 percent YoY over a hike in prices of select cigarettes, and rapid improvement in FMCG operating marg...

Dr Reddy’s Laboratories Ltd’s June quarter results, released after the market hours, lagged the Street’s estimates. Revenue grew 3% year-on-year in the June quarter. Operating earnings and net profit jumped 41-45% from a year ago. But, excluding the 346 crores non-recurring revenue the company’s received from a settlement, operating earnings and net profit will be lower from the year-ago levels. This is a significant variation to the double-digit earnings growth the Street was projecting. On the positive side, Dr Reddy’s India business did well along expected lines. Domestic revenue grew 15% from a year ago. New product launches and growth in existing business helped the company. Europe also did well, clocking 19% revenue growth. Comparatively, the 3% revenue expansion in North America was muted. But, as analysts say, the 9% sequential growth in revenue was decent, especially considering the rupee appreciation in the previous quarter. Even so, revenue growth i...

भारत के 11वें राष्ट्रपति अबुल पकिर जैनुलाअबदीन अब्दुल कलाम यानी कि एपीजे अब्दुल कलाम साल 2002 में राष्ट्रपति चुने गए थे. 15 अक्टूबर 1931 को हुआ और वह 27 जुलाई 2015 को गुजर गए. मिसाइल मैन और जनता के राष्ट्रपति के नाम से जाना जाता है. बच्चों के बीच ही नहीं बल्कि समस्त देशवासियों के बीच प्रख्यात डॉक्टर कलाम जाने माने वैज्ञानिक थे. उनके प्रेरक बोल आज भी लोगों के जीवन में बड़ी प्रेरणा के तौर पर आते हैं. एक मछुआरे के बेटे का दुनिया के सबसे बड़े लोकतंत्र का राष्ट्रपति बन जाना यूं ही नहीं हुआ होगा, इसलिए लिए अथक परिश्रम और पॉजिटिव सोच रही होगी जिसे उन्होंने पग पग पर जीवन में उतारा.  आइए आज उनकी पुण्यतिथि पर उनके महान विचारों से रूबरू हों :  सपने तभी सच होते हैं, जब हम सपने देखना शुरू करते हैं. सबके जीवन में दुख आते हैं, बस इन दुखों में सबके धैर्य की परीक्षा ली जाती है. जीवन में सुख का अनुभव तभी प्राप्त होता है जब इन सुखों को कठिनाईओं से प्राप्त किया जाता है. शिखर तक पहुंचने के लिए ताकत चाहिए होती है, चाहे वह माउन्ट एवरेस्ट का शिखर हो या कोई दूसरा लक्ष्य. अगर हम ...

His actions in the June quarter reflects his investing philosophy as he has kept his stake constant in most of the companies. Kedia is a believer in the principles of Chinese Bamboo Tree investing and SMILE. Value investor Vijay Kedia kept his stake constant in eight companies for the quarter ended June 2019 even though stock prices fell by about 30 percent in 2019. These companies include Apcotex Industries, Cera Sanitaryware, Everest Industries, Innovators Façade, Lykis and Sudarshan Chemicals, among others. He has also reduced his stake in three companies. They are Repro India, Vaibhav Global and Affordable Robotic & Automation. His actions in the June quarter reflects his investing philosophy as he has kept his stake constant in most of the companies. Kedia is a believer in the principles of Chinese Bamboo Tree and SMILE. SMILE refers to Small in size, Medium in experience, Large in aspiration and Extra-large market potential. Chinese Bamboo Tree t...

On July 24, the rupee ended lower for the third consecutive session at 68.98 against the US dollar as foreign fund outflows and higher crude oil prices weighed on sentiment. The Indian rupee is trading flat at 68.99 per dollar on Thursday versus previous close 68.98. On July 24, the rupee ended lower for the third consecutive session at 68.98 against the US dollar as foreign fund outflows and higher crude oil prices weighed on sentiment. Best Share Market News, Click Here To Get More News -  Stock Market tips , for 2 Days Free Trial give a missed call @9644405057 and Get Share Market Services.

Tata Motors had posted a loss of Rs 1,197.3 crore in June quarter last year and profit of Rs 1,625.2 crore in March quarter 2019. Tata Motors is likely to report a loss in June quarter 2019 due to subdued volumes in its domestic as well as Jaguar Land Rover businesses. The company will announce its Q1FY20 earnings on July 25. Kotak Institutional Equities expects the maximum loss at Rs 3,551.2 crore and Motilal Oswal sees the minimum loss at Rs 1,183 crore in June quarter. It had posted a loss of Rs 1,197.3 crore in June quarter last year and profit of Rs 1,625.2 crore in March quarter 2019. "Tata Motors is expected to report a muted performance in Q1FY20 amid a decline in volumes in standalone operations and continuous pressure on volumes on the JLR front. Negative operating leverage will weigh on overall profitability with the company expected to report loss at the PAT level," ICICI direct said. According to brokerages, consolidated revenue is a...

A government panel on Wednesday approved a combined penalty of 30.5 billion rupees ($442 million) on telecom operators Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Industries' telecom unit Jio when it began operations in 2016, Indian media reported. India's telecom regulator in 2016 recommended the penalty against Bharti, and what was then Vodafone Group Plc's India unit and Idea Cellular, saying the three denied points of interconnection to Jio, a move it termed as anti-consumer and aimed at stifling competition. The country's Digital Communications Commission on Wednesday backed the telecom watchdog's recommendations, Indian media quoted Aruna Sundarajan, the panel chair and the top official in India's Department of Telecom (DoT) as saying. Both Vodafone Idea and Bharti criticized the decision. "This issue pertaining to points of interconnection has been examined by the DoT, various parlia...

Zee received one binding offer and is expecting another one in the next few days. One offer is from a financial investor & another from a strategic investor. Shares of Zee Entertainment Enterprises gained nearly 3 percent intraday on July 24 after strong earnings performance in June quarter (Q1). But global brokerage houses were mixed in opinion as they eagerly await promoter stake sale deal that they expect in next few days. The stock was quoting at Rs 363.45, up to Rs 2.50, or 0.69 percent on the BSE at 1022 hours IST. The media & entertainment company, on July 23, reported a 62.56 percent year-on-year growth in June quarter profit at Rs 530.57 crore and 47 percent growth in domestic subscription revenue in Q1. Total subscription revenue increased 36.7 percent year-on-year to Rs 708.8 crore with domestic subscription business growing 46.7 percent YoY in Q1. Revenue during the quarter grew 13.3 percent driven by the strong performance of domestic br...

Most stocks in their portfolio have given negative returns so far in 2019, which has led the duo to reduce holdings or book profits in stocks where valuations were high. Chennai-based Dolly and Rajiv Khanna, famous for picking quality mid and smallcap stocks, cut their stake in 11 companies in the June quarter, according to shareholding data as of July 22. Most stocks in their portfolio (primarily mid and small caps) have given negative returns so far in 2019, which has led the duo to reduce holdings. There are six companies in which the duo reduced stake in June quarter but kept it above 1 percent. They are IFB Agro Industries, Nocil, Muthoot Capital, Rain Industries, Nilkamal, and Radico Khaitan. For the last 18 months, the broader market has been under pressure. The small and midcap indices are still trading significantly lower than their life highs. No surprise that the stocks of all the six companies in which the duo cut stakes have given negative returns...

आईसीआईसीआई डायरेक्ट (ICICI Direct) ने आज सोमवार के कारोबार में अपोलो हॉस्पिटल्स (Apollo Hospitals) में खरीदारी और मुथूट फाइनेंस (Muthoot Finance) में बिकवाली की सलाह दी है। - अपोलो हॉस्पिटल्स (1,384.5) जुलाई फ्यूचर को 1384.00-1385.00 रुपये के बीच खरीदें - पहला लक्ष्य 1396.5 रुपये, दूसरा लक्ष्य 1,414.5 रुपये - घाटा काटने का स्तर (स्टॉप लॉस) 1372.5 रुपये - मुथूट फाइनेंस (611.5) जुलाई फ्यूचर को 611.00-613.00 रुपये के बीच बेचें - पहला लक्ष्य : 607.5 रुपये, दूसरा लक्ष्य 601.5 रुपये - घाटा काटने का स्तर : 615.5 रुपये ध्यान रखें कि ब्रोकिंग फर्म की यह सलाह एकदिनी वायदा कारोबार के लिए है। स्पष्टीकरण: इन शेयरों में ब्रोकिंग फर्म या उसके ग्राहकों के हित जुड़े हो सकते हैं। Best Share Market News, Click Here To Get More News -  Share Market tips , for 2 Days Free Trial give a missed call @9644405057 and Get Share Market Services.

वित्त वर्ष 2018-19 की पहली तिमाही के मुकाबले 2019-20 की समान तिमाही में महिंद्रा सीआईई (Mahindra CIE) के शुद्ध लाभ में 9.13% की गिरावट हुई है। पिछले कारोबारी साल की पहली तिमाही में 138.90 करोड़ रुपये के मुकाबले महिंद्रा सीआईई ने 126.22 करोड़ रुपये का मुनाफा कमाया। वहीं कंपनी की कुल आमदनी 2,087.59 करोड़ रुपये से 2.98% बढ़ कर 2,149.76 करोड़ रुपये रही। वहीं तिमाही दर तिमाही आधार पर कंपनी का मुनाफा 17.88% और कुल आमदनी 1.8% घट गयी। महिंद्रा सीआईई का एबिटा 290.9 करोड़ रुपये की तुलना में 7% की गिरावट के साथ 269.4 करोड़ रुपये और एबिटा मार्जिन 14.9% से घट कर 13.1% रह गया। दूसरी तरफ बीएसई में महिंद्रा सीआईई का शेयर शुक्रवार को 11.00 रुपये या 5.06% की गिरावट के साथ 206.55 रुपये पर बंद हुआ। इस भाव पर कंपनी की बाजार पूँजी 7,828.22 करोड़ रुपये है। वहीं इसके पिछले 52 हफ्तों का शिखर 301.80 रुपये और निचला स्तर 197.00 रुपये रहा है। Best Share Market News, Click Here To Get More News -  Share Market tips , for 2 Days Free Trial give a missed call @9644405057 and Get Share Market Ser...

Indian shares ticked higher in volatile trade on Tuesday in broad-based gains, while losses in IT stocks limited the upside. The broader NSE Nifty was up 0.37% at11,631.1 as of 0434 GMT, while the benchmark BSE Sensex was 0.41% higher at 39,056.99. Broader Asian shares also rose as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world's biggest economy. Investors in Indian equities appeared unfazed by trade data released on Monday that showed weakening consumption in Asia's third largest economy, with June imports falling to their lowest level in four months. "The market has already factored in significant bearishness and is looking ahead at additional rate cuts and monetary policy mechanisms by the central bank, and an improving economy by the end of the year," said Sunil Sharma, chief investment officer, Sanctum Wealth Management in Mumbai. The rupee was largely unchanged at 68.55 against the dol...

The company said reason for his resignation is to pursue business interests outside of Cummins. Cummins India shares fell 5 percent intraday on July 16 after Sandeep Sinha resigned as Managing Director of the company. Sinha also resigned as Vice President of Cummins India ABO, the company in its BSE filing said, adding the reason for his resignation is to pursue business interests outside of Cummins. Sinha joined Cummins in 2004 as a Corporate Indirect Purchasing Manager. Over his career at Cummins, he held several leadership roles in Corporate Strategy in the USA, New & Recon Parts and Industrial Engine Business in India. Before taking his most recent leadership role, Sinha served as the Chief Operating Officer of Cummins India. Cummins India designs, manufactures, distributes, and services engines and related technologies in India. The stock was quoting at Rs 743.00, down Rs 9.10, or 1.21 percent on the BSE at 1010 hours IST. Best Share Marke...

Aditya Birla Fashion | Brigade Enterprises | Capacite Infraprojects | Tata Metaliks | Automotive Stampings and Greaves Cotton are stocks which are in the news today. Here are stocks that are in the news today: Results on July 16: HDFC Asset Management Company, TV18 Broadcast, Network18 Media & Investments, Next Mediaworks, Federal Bank, Agro Tech Foods, DCB Bank, 5Paisa Capital, Jay Bharat Maruti, Vikas Multicorp Automotive Stampings and Assemblies Q1: Loss at Rs 9.5 crore versus loss Rs 5.93 crore; revenue rises to Rs 120.34 crore versus Rs 111.5 crore YoY. Cummins India: Sandeep Sinha resigns as Managing Director w.e.f August 17 Tata Metaliks Q1: Profit declines to Rs 19.62 crore versus Rs 30.39 crore; revenue rises to Rs 499 crore versus Rs 467.54 crore YoY. Brigade Enterprises: Company recommended issue of bonus shares in the ratio of 1:2 and to issue 42.75 lakh warrants convertible into 42.75 lakh shares at Rs 269 per share to promoter group. ...

CARE re-affirmed its credit rating for the company's long term bank loan facilities at A- with a stable outlook and short term bank facilities at A2+ Shares of optical fiber cable manufacturer Himachal Futuristic Communicationsrallied 10 percent intraday on July 11 after reporting healthy earnings growth in June quarter. Its profit in June quarter increased 148 percent year-on-year to Rs 117 crore driven by strong revenue mix and operating performance. Revenue grew 23 percent to Rs 1,343 crore in quarter ended June 2019, against Rs 1,088 crore reported in the same period last year. At the operating level, earnings before interest, tax, depreciation and amortisation (EBIDTA) increased 104 percent year-on-year to Rs 194 crore. "The company exceeds all previous quarterly performance benchmarks in Q1FY20 and has reported remarkable quarterly performance. The all-round performance was powered by the change in revenue mix, accelerated project executio...

Tata Motors Ltd’s shares fell 4% on Wednesday, reacting to foreign brokerage CLSA’s call to “sell" the stock as cost concerns continued in a weak demand environment. However, a spark of hope with news of improved Jaguar Land Rover (JLR) sales in some regions saw the stock recover slightly. JLR, the British subsidiary that contributes 75% of the consolidated revenue, largely drives sentiment for the stock. CLSA’s recent report said that warranty expenses and provisions ratio were at a nine-year high in FY19. Consolidated warranty expenses, which are mainly reflective of JLR’s costs, rose significantly in FY19. They stood at 3.9% as a percentage of consolidated revenue, higher than earlier years. This has raised concerns over and above the existing problems of high fixed assets vis-à-vis sales, negative free cash flows and high automotive debt. Rising warranty expenses have also raised questions about product quality. “In addition to industry issues of lower gr...

HDFC Bank Limited is our top pick amongst the private sector banks. We re-initiate our coverage on HDFC Bank Limited with a BUY rating and target price of Rs 2820 per share. HDFC Bank is largely a retail bank and earns majority of its revenues and income from the same. Retail and corporate constitute 54 percent and 46 percent respectively to its loan mix as on March 31, 2019. The company’s advances has registered a CAGR of 22 percent in the last four years. The NII of the company has registered a CAGR of 21 percent in the last four years. With several process changes, the bank is looking at a massive increase in the number of accounts opened per branch per day from 1.8 to 3 over the next 18 months. This will drive healthy growth in liabilities and offer higher cross-selling opportunities. Capital constraints in public sector banks will provide an opportunity to the private sector banks to increase their market share and outperform in banking & financia...