Showing posts with label Best Intraday Stocks. Show all posts
Showing posts with label Best Intraday Stocks. Show all posts
Tuesday, 30 July 2019
Closing Bell By CapitalStars 30/July/2019
03:34
accurate Intraday Tips, advisory company in indore, Best Intraday Stocks, closing bell, Equity TradingTips
No comments
DAILY NIFTY SMART MOVERS
SCRIPTS PRICE PRE. CLOSE CHANGE (%) CHANGE (Rs.) VOLUME
Bharti Airtel
346.85 334.90 3.57 11.95 676.97
Bajaj Hold & Invest
3521.25 3439.70 2.37 81.55 3.65
TCS
2178.90 2129.50 2.32 49.40 81.29
Colgate Palmol. (I)
1173.95 1163.00 0.94 10.95 18.80
ACC
1548.50 1536.00 0.81 12.50 76.22
DAILY NIFTY TOP LAGGARDS
SCRIPTS PRICE PRE. CLOSE CHANGE (%) CHANGE (Rs.) VOLUME
RBL Bank
395.20 449.30 -12.04 -54.10 1352.16
Yes Bank
85.75 94.75 -9.50 -9.00 8627.58
Indusind Bank
1330.00 1432.35 -7.15 -102.35 262.24
Indiabulls Housing
522.90 559.00 -6.46 -36.10 2006.36
Bank Of Baroda
102.55 109.00 -5.92 -6.45 1605.03
BEST CALL OF THE DAY (FINAL TG )
HNI OPTION
BUY DRREDDY PUT 2600 FINAL TGT
NIFTY FUTURE
SELL NIFTY FUT FINAL TGT
INDEX OPTION
BUY NIFTY PUT 11500 FINAL TGT
OPTION STRATEGY
BUY HEROMOTOCO PUT 2400 FINAL TGT
FUTURE INTRADAY
SELL BAJAJ AUTO FUT FINAL TGT
Financial
Advisory Company in Indore, Stock
Advisory Company in Indore, Equity Tips, FreeTrading Tips , MCX Tips, sebi registered advisory company, Intraday
stock tips, Free
commodity tips
Investment trading in securities market is
always subjected to market risks, past performance is not a guarantee of future
performance. CapitalStars Investment Adviser: SEBI Registration Number:
INA000001647
For more details call
on 9977499927 or visit our website www.capitalstars.com
Wednesday, 22 May 2019
CORPORATE NEWS 22 MAY 2019
18:00
accurate Intraday Tips, Best Intraday Stocks, Cash intraday tips, eqity tips, futures intraday, intra day tips
No comments
IndusInd Bank gains 4% post Q4FY19 numbers
Shares of IndusInd Bank were trading 4% higher on Wednesday despite the bank's net profit was below consensus estimates, which has declined by 62.2% yoy to Rs360cr against Rs953cr yoy.
IndusInd Banks Q4FY19 NII has improved by 11.2% yoy to Rs2,232.4cr against Rs2,007cr. Higher provisioning of Rs1,561cr made on certain assets related to IL&FS (against our estimates) as against Rs606.7cr qoq led to miss on estimates. GNPA for Q4FY19 came at 2.1% against 1.13% qoq, which has increased by 97 bps. NNPA for the quarter came at 1.21% as against 0.59% qoq, which has increased by 62 bps.
Lupin launches Budesonide Inhalation Suspension
Pharma major Lupin Limited (Lupin) announced the launch of its Budesonide Inhalation Suspension, 0.5 mg/2 mL Single-Dose Ampules in the US market, having received an approval from the United States Food and Drug Administration (USFDA) earlier.
Lupins Budesonide Inhalation Suspension, 0.5 mg/2 mL Single-Dose Ampules is a generic version of AstraZeneca Pharmaceuticals LP's Pulmicort Respules Inhalation Suspension, 0.5 mg/2 mL.
It is indicated for the maintenance treatment of asthma and as prophylactic therapy in children from 12 months to 8 years of age.
FDC board to consider share buyback on May 24
Shares of FDC were trading 2% higher on Wednesday after the company is a press note to the exchanges informed that its board will meet on May 24 to consider buyback proposal.
"The Board of Directors shall consider the proposal for buyback of fully paid up equity shares of the company through Tender Offer route, up to such amount of the aggregate of company's paid-up equity share capital and free reserves as the board may decide in accordance with SEBI regulation and to fix the record date for the purpose of buyback of equity shares," the company said in a press note after markets hours to the exchanges on Wednesday.
Tata Elxsi licenses Autosar adaptive to Great Wall Motors
Tata Elxsi announced the licensing of their AUTOSAR Adaptive platform to Great Wall Motors. Tata Elxsis AUTOSAR Adaptive platform, developed in collaboration with a leading European OEM, will help accelerate the development of connected autonomous and driverless vehicles.
Tata Elxsi licenses modules and the stack for Classic version 4.3 as well as high computing applications such as Autonomous driving, V2X, predictive analysis, OTA to OEMs, Tier-1 and Semicon companies worldwide.
Tech Mahindra slips 3% post Q4FY19 numbers
Shares of Tech Mahindra declined 3% on Wednesday after the company reported lower than expected numbers for Q4FY19 on all fronts.
The company's revenues declined by 0.6% QoQ to Rs8, 892cr against a median consensus estimate of Rs9, 014cr. Revenue in dollar terms grew by 0.5% QoQ to $1,268mn. EBIT came in at Rs1, 368cr, down 4.9% QoQ against a median consensus estimate of Rs1, 415cr. EBIT margin contracted by 70bps QoQ to 15.4%. PAT declined by 5.9%QoQ to Rs1, 133cr against median consensus estimates of Rs1, 159cr.
Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tips
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Shares of IndusInd Bank were trading 4% higher on Wednesday despite the bank's net profit was below consensus estimates, which has declined by 62.2% yoy to Rs360cr against Rs953cr yoy.
IndusInd Banks Q4FY19 NII has improved by 11.2% yoy to Rs2,232.4cr against Rs2,007cr. Higher provisioning of Rs1,561cr made on certain assets related to IL&FS (against our estimates) as against Rs606.7cr qoq led to miss on estimates. GNPA for Q4FY19 came at 2.1% against 1.13% qoq, which has increased by 97 bps. NNPA for the quarter came at 1.21% as against 0.59% qoq, which has increased by 62 bps.
Lupin launches Budesonide Inhalation Suspension
Pharma major Lupin Limited (Lupin) announced the launch of its Budesonide Inhalation Suspension, 0.5 mg/2 mL Single-Dose Ampules in the US market, having received an approval from the United States Food and Drug Administration (USFDA) earlier.
Lupins Budesonide Inhalation Suspension, 0.5 mg/2 mL Single-Dose Ampules is a generic version of AstraZeneca Pharmaceuticals LP's Pulmicort Respules Inhalation Suspension, 0.5 mg/2 mL.
It is indicated for the maintenance treatment of asthma and as prophylactic therapy in children from 12 months to 8 years of age.
FDC board to consider share buyback on May 24
Shares of FDC were trading 2% higher on Wednesday after the company is a press note to the exchanges informed that its board will meet on May 24 to consider buyback proposal.
"The Board of Directors shall consider the proposal for buyback of fully paid up equity shares of the company through Tender Offer route, up to such amount of the aggregate of company's paid-up equity share capital and free reserves as the board may decide in accordance with SEBI regulation and to fix the record date for the purpose of buyback of equity shares," the company said in a press note after markets hours to the exchanges on Wednesday.
Tata Elxsi licenses Autosar adaptive to Great Wall Motors
Tata Elxsi announced the licensing of their AUTOSAR Adaptive platform to Great Wall Motors. Tata Elxsis AUTOSAR Adaptive platform, developed in collaboration with a leading European OEM, will help accelerate the development of connected autonomous and driverless vehicles.
Tata Elxsi licenses modules and the stack for Classic version 4.3 as well as high computing applications such as Autonomous driving, V2X, predictive analysis, OTA to OEMs, Tier-1 and Semicon companies worldwide.
Tech Mahindra slips 3% post Q4FY19 numbers
Shares of Tech Mahindra declined 3% on Wednesday after the company reported lower than expected numbers for Q4FY19 on all fronts.
The company's revenues declined by 0.6% QoQ to Rs8, 892cr against a median consensus estimate of Rs9, 014cr. Revenue in dollar terms grew by 0.5% QoQ to $1,268mn. EBIT came in at Rs1, 368cr, down 4.9% QoQ against a median consensus estimate of Rs1, 415cr. EBIT margin contracted by 70bps QoQ to 15.4%. PAT declined by 5.9%QoQ to Rs1, 133cr against median consensus estimates of Rs1, 159cr.
Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tips
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Market Live : Nifty likely to open higher.
10:30
accurate Intraday Tips, Best Intraday Stocks, Free Stock MarketTips, Free Stock Tips, futures intraday, hni calls, hni-stock-cash, Stock Tips Free
No comments
The Nifty50 is likely to open higher on Wednesday following a mixed trend seen in other Asian markets. Overnight, US markets closed higher after the United States temporarily eased curbs on China's Huawei Technologies Co Ltd. Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington's temporary relaxation of curbs against China's Huawei Technologies failed to offset deeper worries about trade frictions between the worlds two largest economies said a Reuters report. Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 29.5 points or 0.25 percent. Nifty futures were trading around 11,756-level on the Singaporean Exchange. As many as 140 companies will report their results for March quarter which include names like Ashok Buildcon, Bank of Baroda, Canara Bank, Cipla, Cummins India, IndusInd Bank, MOIL, Thermax, etc. among others.
Global Market:
Asian Markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.02% while the Hang Seng is up 0.25%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 2.76% and the S&P 500 rose 0.85%. The IPC lost 0.76%.
European Markets: European markets finished higher today with shares in Germany leading the region. The DAX is up 0.85% while France's CAC 40 is up 0.50% and London's FTSE 100 is up 0.25%.
Major Headlines of the day:
Rupee opens at 69.68 per dollar.
DHFL puts fresh deposits, renewals on hold: Media reports The company has been subject to multiple downgrades in recent month.
United Breweries gains 5% post Q4FY19 results The company's total income during the final quarter of FY19 was up 5.84% to Rs3,469.3cr vs. Rs3,277.85cr in the corresponding quarter of the previous fiscal.
BPCL and HPCL fall despite strong Q4 nos; brokerages assign mixed ratings Brokerage firm CLSA has a sell rating on both companies, with a target at Rs 300 per share for BPCL and Rs 210 per share for HPCL. However, Deutsche Bank has a buy rating on both oil refining majors.
Earnings Reaction To Watch
BAJAJ ELECTRIC
BANK OF BARODA
CANARA BANK
CUMMINS
INDUSINDBK
JK LAXMI CEM
RAMCO cement
The trend in FII flows:- The FIIs were Net Value of Rs 1185.44 segment while the DIIs were Net Value of -1090.32 the provisional figures.
Securities in Ban For Trade Date 22-MAY-2019
JETAIRWAYS
RELCAPITAL
ADANIPOWER
IDBI
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Global Market:
Asian Markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.02% while the Hang Seng is up 0.25%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 2.76% and the S&P 500 rose 0.85%. The IPC lost 0.76%.
European Markets: European markets finished higher today with shares in Germany leading the region. The DAX is up 0.85% while France's CAC 40 is up 0.50% and London's FTSE 100 is up 0.25%.
Major Headlines of the day:
Rupee opens at 69.68 per dollar.
DHFL puts fresh deposits, renewals on hold: Media reports The company has been subject to multiple downgrades in recent month.
United Breweries gains 5% post Q4FY19 results The company's total income during the final quarter of FY19 was up 5.84% to Rs3,469.3cr vs. Rs3,277.85cr in the corresponding quarter of the previous fiscal.
BPCL and HPCL fall despite strong Q4 nos; brokerages assign mixed ratings Brokerage firm CLSA has a sell rating on both companies, with a target at Rs 300 per share for BPCL and Rs 210 per share for HPCL. However, Deutsche Bank has a buy rating on both oil refining majors.
Earnings Reaction To Watch
BAJAJ ELECTRIC
BANK OF BARODA
CANARA BANK
CUMMINS
INDUSINDBK
JK LAXMI CEM
RAMCO cement
The trend in FII flows:- The FIIs were Net Value of Rs 1185.44 segment while the DIIs were Net Value of -1090.32 the provisional figures.
Securities in Ban For Trade Date 22-MAY-2019
JETAIRWAYS
RELCAPITAL
ADANIPOWER
IDBI
Get more details here:
Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tipsCall on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Tuesday, 21 May 2019
Opening Bell By Capitalstars : 21 May 2019
11:00
Bank nifty futures, Best Intraday Stocks, best tips, Cash intraday tips, commodity news, Free Stock Tips, Future & Option Tips, futures & options
No comments
CS OPENING BELL:
NIFTY SPOT UP
49@11877
SENSEX SPOT UP
195@39548
BANK NIFTY FUTURES UP 115@30931
CS NIFTY FUTURES (MAY) OVERVIEW
TREND BULLISH
RES 2: 12251
RES 1: 12010
SUP 1: 11645
SUP 2: 11500
CS BANK NIFTY FUTURES (MAY) OVERVIEW
TREND BULLISH
RES 2: 31450
RES 1: 31200
SUP 1: 30300
SUP 2: 30000
HAPPY TRADING!
Get more details here:
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Market Live : Nifty likely to open flat.
09:30
accurate Intraday Tips, Best Intraday Stocks, Cash intraday tips, equity intraday tips, i, opening bell, stock cash, Stock cash tips
No comments
The Nifty50 is expected to open flat-to-higher on Tuesday despite muted trend seen in other Asian markets. Overnight, US markets slipped as White Houses restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector. Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 23 points or 0.20 percent. Nifty futures were trading around 11,888-level on the Singaporean Exchange. The rupee Monday appreciated by 49 paise, the biggest single-day gain in two months, to close at 69.74 against the US dollar following sharp gains in equities and forex inflows after exit polls suggested another term for the ruling NDA government. As many as 96 companies will declare their results for the March quarter which include names like Bharat Financial, BOSCH, CARE Ratings, DLF, Tech Mahindra, Timken India, Vaibhav Global, KEI Industries, JSPL, and Aarti Industries among others.
Global Market:
Asian Markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 1.58% while the Hang Seng is up 0.37%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 2.17% and the IPC rose 0.17%. The S&P 500 lost 0.67%.
European Markets: European markets finished broadly lower today with shares in Germany leading the region. The DAX is down 1.61% while France's CAC 40 is off 1.46% and London's FTSE 100 is lower by 0.51%.
Major Headlines of the day:
Rupee opens at 69.74 per dollar.
Adani Green's promoters to sell up to 5.6% stake via OFS The promoters will sell up to 8.75cr shares at a floor price of Rs43 apiece.
Tata Motors stock jumps 8% ahead of Q4FY19 numbers The auto company will announce its Q4FY19 numbers today.
A2Z Infra Engineering locked at 10% upper circuit on OTS Company has already made Settlement arrangements with SICOM, Standard Chartered Bank and Edelweiss Asset Reconstruction Company (loan assigned by ICICI Bank Ltd.) for their outstanding loans.
Earnings Reaction To Watch
AARTI IND
BHARAT FIN
DLF
JINDAL STEEL
TECHM
The trend in FII flows:- The FIIs were Net Value of Rs 1734.45 segment while the DIIs were Net Value of -542.71 the provisional figures.
Securities in Ban For Trade Date 21-MAY-2019
JETAIRWAYS
RELCAPITAL
Get more details here:
Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tipsCall on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Wednesday, 3 April 2019
Market Live By CapitalStars 04/Apr/2019
Nifty likely to open higher
The Nifty50 is likely to open higher on Thursday tracking Asian market which were trading near 8-month high. The index closed 69 points lower at 11,643 on Wednesday. A positive opening is likely as Nifty Futures on Singaporean Exchange were trading over 28 points higher. The futures traded around 11,740-odd levels. US stocks edged higher on Wednesday, extending a strong start to the quarter as a rally among chipmaker shares provided a boost to the broader market on growing hopes of a trade deal between Washington and Beijing, said a Reuters report. Asian shares paused near an eight-month peak on Thursday as investors awaited developments on trade talks between the United States and China, who appear closer to signing a deal, nudging bond yields higher globally and softening the safe-haven yen.
Global Market:
Asian Markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.39% while the Hang Seng is up 0.51%. The Nikkei 225 is not trading.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The S&P 500 gained 0.21% and the IPC rose 0.03%. The Bovespa lost 1.63%.
European Markets: European markets finished broadly higher today with shares in Germany leading the region. The DAX is up 1.70% while France's CAC 40 is up 0.84% and London's FTSE 100 is up 0.37%.
Major Headlines of the day:
Rupee opens at 68.53 per dollar.
Rupee erases gain; declines 9 paise to 68.83/$ The currency is oscillating between its gains and losses in tandem with volatility in the domestic equity market.
Oil prices edge lower after US inventories build Brent futures eased 2 cents to $69.29 by 0100 GMT. On Wednesday, Brent dipped 6 cents, after touching $69.96, the highest since Nov. 12, when it last traded above $70.
Honda Cars India records annual sales growth of 8% in FY18-19 HCIL exported a total volume of 4,794 units during FY18-19 with export of 38 units during the month of March 2019.
Trend in FII flows:- The FIIs were Net Value of Rs -1040.48 segment while the DIIs were Net Value of -80.83 the provisional figures.
Securities in Ban For Trade Date 04-APR-2019
1. ADANIPOWER
2. IDBI
3. RPOWER
4. JETAIRWAYS
Financial Advisory Company in Indore, Stock Advisory Company in Indore, Equity Tips, FreeTrading Tips , MCX Tips, sebi registered advisory company, Intraday stock tips, Free commodity tips
Investment trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
For more details call on 9977499927 or visit our website www.capitalstars.com
Friday, 4 January 2019
MARKET WRAP UP 04-JAN-2019
03:22
Agri commodity Tips, Bank nifty futures, base metal, Best Intraday Stocks, BSE, capitalstars Award winning, capitalstars Sebi registered company, cash sement, Free Stock Market Tips, free calls services
No comments
Closing Bell: Sensex ends the week with a gain of 181 pts, Nifty above 10,700.
Buying counters were buzzing in the last couple of hours for the market, helping them not only recover from low points, but also end the week on a strong note.
Except IT names, investors bought across sectors, with maximum gains seen among metals, energy and banks, among others. The Nifty Midcap index ended higher too.
At the close of market hours, the Sensex was up 181.39 points or 0.51% at 35695.10, and the Nifty up 55.10 points or 0.52% at 10727.40. The market breadth was narrow as 1322 shares have advanced, against a decline of 1255 shares, and 159 shares are unchanged.
Yes Bank, Vedanta, and Bharti Infratel gained the most, while Infosys, TCS, HCL Tech and Tech Mahindra were the top losers.
HEADLINES OF THE DAY
Aviation industry continues to face turbulence, fall in oil prices likely to offer respite
NHPC said Dulhasti Power Station (390 MW) in Jammu & Kashmir has been under complete shutdown w.e.f. 03.01.2019 to 12.01.2019 (tentative) for the work of 'replacement of By-Pass Line valves of MIV'.
Manappuram Finance has made interest payment due on January 1, 2019.
Chinese Central Bank cut bank's reserve requirement ratio by 100 bps.
European shares traded higher following news that the US and China will hold trade talks next week.
The crucial resistance for Nifty spot is now seen at 10860 and above this 10980 Support for the immediate term is now placed at 10620 next support will be 10480.
Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips , Free Trading Tips , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
Thursday, 3 January 2019
Nifty likely to open flat 04-JAN-2018
20:17
Agri commodity Tips, Bank nifty, Best Intraday Stocks, BSE Bankex, capitalstars Award winning, capitalstars Sebi registered company, Capitalstars Video, Free Stock MarketTips
No comments
Indian Indices: Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 17.5 points or 0.16 per cent. Nifty futures were trading around 10,702-level on the Singaporean Exchange.
Global Market:Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 3.03% while the Hang Seng is up 1.41%. The Shanghai Composite is not trading.
US Markets: Market movers: Recession signs in US, e-comm players seek time on new FDI rule.
European markets: European markets finished broadly lower today with shares in France leading the region. The CAC 40 is down 1.66% while Germany's DAX is off 1.55% and London's FTSE 100 is lower by 0.62%.
Major Headlines of the day:
The trend in FII flows:- The FIIs were Net Value of Rs -972.81 segments while the DIIs were Net Value of 34.52 the provisional figures.
Securities in Ban For Trade Date 04-jan-2019
1.Adani power
2.Jetairways
Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips , Free Trading Tips , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
Wednesday, 2 January 2019
CORPORATE NEWS 02-JAn-2018
02:44
Bank nifty, Bank nifty futures, base metal, Best Intraday Stocks, BSE/NSE, capitalstars Award winning, capitalstars Sebi registered company, Capitalstars Video, cash sement
No comments
Tamil Nadu govt moves SC for the closure of Vedanta Tuticorin unit: Media reports
Shares of Vedanta slipped 4% on Wednesday after media reports said that the Tamil Nadu (TN) government moved the Supreme Court against the order of National Green Tribunal (NGT) allowing the company to re-open Sterlite's Tuticorin unit. On December 15, NGT had trashed the state governments order for closure of the plant citing non-sustainable and unjustified as a reason. The plant was at the centre of massive protests over alleged pollution.
TVS Motor misses volume expectations due to a slowdown in motorcycle and scooter sales
TVS Motor Company Limited (TVSM) reported lower-than-expected volume numbers in December 2018, missing consensus expectation. Total volume was up 6% yoy (down 15% mom) in December 2018. This was the slowest monthly yoy growth rate since October 2017. The company sold 2,71,395 vehicles in December 2018, against 2,56,870 vehicles in December 2017 and 3,19,965 vehicles in November 2018. Total volume missed BloombergQuint poll estimate of 2,91,000 vehicles. Three wheelers (3W) volumes continued to gallop, growing 37% yoy (down 1% mom) in December 2018. However, all three sub-segments of two-wheelers (2W) witnessed a slowdown. Scooter volume was up 9% yoy (down 18% mom), while motorcycle volume was up 13% yoy (down 11% mom). These were multi-month low growth rates for these sub-segments. Moped sales declined 13% yoy (down 20% mom). TVSM fared better than Hero MotoCorp (HMCL), which saw 4% yoy (26% mom) decline in 2W December volumes. Bajaj Auto (BJAUT) was clearly an outlier, with 2W volumes up 31% yoy (down 14% mom).
Jet Airways defaults on debt payment to banks
Shares of Jet Airways were down 2% in late morning trade on Wednesday as the debt-ridden airline company delayed the payment to a consortium of Indian banks led by the State Bank of India (SBI). "The payment has been delayed due to temporary cash flows mismatch and the company has engaged with the banks in relation to the same," the airline company said in a press note aftermarket hours to the exchanges on Tuesday.
Power Grid arm announces transmission system project Vindhyachal-V
PowerGrid Jabalpur Transmission Limited, a 100% wholly owned subsidiary of Power Grid Corporation of India Limited, has successfully commissioned transmission system strengthening associated with Vindhyachal-V.
The company made the announcement on Tuesday evening, post market hours. The project includes establishment of Vindhyachal pooling station - Jabalpur pooling station 765kV double circuit transmission line on a build, own, operate and maintain (BOOM) basis.
LIC Housing Chairman V.K. Sharma resigns
LIC Housing Finance said that V.K. Sharma has resigned as Chairman of the company from December 31, 2018, after superannuation from the services of LIC. I shall be laying down office as Chairman of Life Insurance Corporation of India today. I, therefore, tender my resignation from the Board of Directors of the Company with immediate effect. I take this opportunity to thank you and Members of the Board for all the kindness and consideration shown to me during my tenure on the board, the company said in a regulatory filing.
Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips , Free Trading Tips , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
Subscribe to:
Posts (Atom)












