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Agro Tech Foods Rises After Porinju Veliyath’s Fund Buys Stake

April 13, 2018 11:43 AM by Neal Bhai

Agro Tech Foods Rises After Porinju Veliyath’s Fund Buys Stake — Shares of the Andhra Pradesh-based processed food maker rose as much as 4.86 percent to Rs 718.95 after EQ India Fund bought 1.50 lakh shares or 0.6 percent equity at Rs 650 each.

Locked At Daily Limit

April 13, 2018 11:37 AM by Neal Bhai

Locked At Daily Limit ✅ Talwalkars Better Value Fitness locked in lower circuit at Rs 97.70 for twelfth day in a row. ✅ JBF Industries locked in upper circuit at Rs 115.80 for seventh day in a row.

Petron Engineering Falls After NCLT Appoints IRP To Conduct Insolvency Process

April 12, 2018 11:51 AM by Neal Bhai

Gold Silver Reports (GSR) – Petron Engineering Falls After NCLT Appoints IRP To Conduct Insolvency Process – Shares of the Mumbai-based non-residential construction company fell as much as 6.5 percent to Rs 96.25 after it informed exchanges that NCLT has accepted petition filed by operational creditors against the company.

Fortis Healthcare Rises On Report That IHH Proposes Up To $1.3 Billion Offer

April 12, 2018 11:29 AM by Neal Bhai

Gold Silver Reports (GSR) – Fortis Healthcare Rises On Report That IHH Proposes Up To $1.3 Billion Offer – Shares of the Delhi-based hospital chain operator rose as much as 4 percent to Rs 153.90 after Bloomberg citing sources reported that IHH is proposing a potential offer for Fortis Healthcare that …

Associated Alcohols & Brewer Rises To Record High For Second Day

April 12, 2018 11:14 AM by Neal Bhai

Gold Silver Reports (GSR) – Associated Alcohols & Brewer Rises To Record High For Second Day – Shares of the Indore-based alcohol maker rose for second day and rose as much as 4.18 percent to record high of Rs 348. Well known investor Dolly Khanna has picked up over 1.04 percent …

Capacit’e Infraprojects Gains On Winning New Order

April 12, 2018 11:12 AM by Neal Bhai

Gold Silver Reports (GSR) – Capacit’e Infraprojects Gains On Winning New Order – Shares of the Mumbai-based construction company rose as much as 1.15 percent to Rs 339.50. The company has won a contract worth Rs 163 crore from Sea View Developers for civil and structure work package for construction tower …

IDBI Bank Falls After RBI Slaps Penalty

April 12, 2018 11:10 AM by Neal Bhai

Gold Silver Reports (GSR) – IDBI Bank Falls After RBI Slaps Penalty — Shares of the government-owned lender extended decline to second day and fell as much as 3.2 percent to Rs 69.80. The Reserve Bank of India slapped a penalty of Rs 3 crore on the bank for non-compliance of bad …

Dish TV Gains After Block Deal

April 12, 2018 11:08 AM by Neal Bhai

Gold Silver Reports (GSR) – Dish TV Gains After Block Deal — Shares of the direct-to-home cable TV service provider rose nearly 3 percent to Rs 76.10 after 9.15 crore or 5 percent equity changed hands in a block deal, according to Bloomberg data. Buyers and sellers were not known immediately.

Citi’s View On Upcoming Q4 Earnings

April 12, 2018 9:50 AM by Neal Bhai

Citi’s View On Upcoming Q4 Earnings ✅ Expect 10 earnings growth in Q4 ✅ High oil prices to benefit upstream companies ✅ Seen decent growth in monthly volume numbers of auto companies ✅ Last 4 years earnings were muted

Oil Retailers Extend Losses After Crude Hits Three-Year High

April 12, 2018 9:44 AM by Neal Bhai

Gold Silver Reports (GSR) Crude Oil Retailers Extend Losses After Crude Hits Three-Year High – Shares of oil retailers were trading lower for second day in a row after crude oil prices in international markets rose to levels last seen in 2014.