Gold Silver Reports (GSR) – Numetal, ArcelorMittal Allowed To Clear Dues To Bid For Essar Steel — Both bidders have seven days to clear any overdues they may have with lenders to become eligible to bid for Essar Steel, according to two people with direct knowledge of the matter. The lenders decided to give both bidders another chance after a 24-hour voting session which started on Monday, the people said.
Stocks
SBI Gains After Block Deal; ICICI Bank Holds Gains Amid Block Deal
Gold Silver Reports (GSR) – SBI Gains After Block Deal – Shares of the country’s largest lender rose 1.83 percent to Rs 251. The stock saw 11 shares change hands in a block deal.
ICICI Bank In-The-Money Call Options More Than Double
Gold Silver Reports (GSR) – ICICI Bank In-The-Money Call Options More Than Double – Premiums on in-the-money strike price call option contracts of ICICI Bank surged more than 100 percent.
📌 Premium on ICICI Bank 290 call rose 99 percent to Rs 26.20
📌 Premium on ICICI Bank 300 call rose 111 percent to Rs 18.70
📌 Premium on ICICI Bank 310 call surged 127 percent to Rs 12.50
📌 Premium on ICICI Bank 320 call surged 128 percent to Rs 7.75
Tata Coffee Share Price Falls After March Quarter Profit Slumps
Gold Silver Reports (GSR) – Tata Coffee Falls After March Quarter Profit Slumps – Shares of the Bangalore-based coffee producer fell as much as 7.2 percent, the most in over three months, to Rs 123.70 after its profit in March quarter slumped.
Key earnings highlights:
📌 Net Profit down 86 percent at Rs 6.5 crore
📌 Revenue up 9 percent to Rs 440 crore
📌 EBITDA down 67 percent to Rs 37 crore
📌 EBITDA Margins at 8.5 percent versus 28.2 percent
ICICI Bank Share Price Hits Two-Month High On Recognising Major Stressed Assets
Gold Silver Reports (GSR) – ICICI Bank Hits Two-Month High On Recognising Major Stressed Assets – Shares of the country’s third largest lender by market cap rose as much as 7.69 percent, the most in over six months, to Rs 311.65 as cheap valuations and lower stress from bad loans was seen trumping the steepest fall in quarterly profit since 2016.
Pc Jewellers Share Below 200 only Sell Stop Loss Paid 185-175 By Neal Bhai MFA Technical Analyst
Pc Jewellers Share Below 200 only Sell Stop Loss Paid 185-175
By
Neal Bhai MFA Technical Analyst – 9582247600 and 9899900589
![Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]](https://www.goldsilverreports.com/wp-content/uploads/2018/04/nifty-50-stock-of-the-nationx11s@goldsilverreports-GSR.jpg)
Stocks To Watch: ICICI Bank, Lupin, Tata Metaliks, Trident
Gold Silver Reports (GSR) – Stocks To Watch: ICICI Bank, Lupin, Tata Metaliks, Trident – The S&P BSE Sensex rose 0.84 percent or 292.76 points to 35,208.14 and the NSE Nifty 50 index climbed 0.92 percent or 97.25 points to 10,715.50.
Karur Vysya Bank Rises As Rakesh Jhunjhunwala Raises Stake In March Quarter
Gold Silver Reports (GSR) – Karur Vysya Bank Rises As Rakesh Jhunjhunwala Raises Stake In March Quarter – Shares of the Tamil Nadu-based private sector lender rose 1.8 percent to Rs 105.85. Well-known investor Rakesh Jhunjhunwala raised his stake in the bank to 3.36 percent versus 3.09 percent in the previous quarter, according to the March shareholding pattern submitted by the bank to stock exchanges.
Manpasand Beverages Gains On Agreement With Parle
Gold Silver Reports (GSR) – Manpasand Beverages Gains On Agreement With Parle – Shares of the Vadodara-based fruit juice maker rose as much as 2.88 percent to Rs 392.65 after it signed an agreement with Parle to jointly distribute brands in Western India beginning with Gujarat.
Reliance Infra Share Price Surges After JV Wins Contract For Versova-Bandra Sea Link
Gold Silver Reports (GSR) – Reliance Infra Surges After JV Wins Contract For Versova-Bandra Sea Link – Shares of the Anil Ambani-led company rose as much as 2 percent to Rs 430.60. Reliance Infrastructure’s joint venture with Italy’s Astaldi won contract for Rs 7,000 crore Versova-Bandra sea link project in Mumbai.