Stock In News 24-04-2019

-
Stocks in the news: ACC, Tata Global, Sterlite Tech, Lupin, Tiger Logistics, Tata Power, Tata Global | Coromandel International | Sterlite Technologies | Sasken Technologies | Tiger Logistics and Bharat Bijlee are stocks which are in the news today.

 Here are stocks that are in the news today:

 Results on April 24: Bharti Infratel, UltraTech Cement, Indiabulls Housing Finance, ICICI Prudential Life Insurance Company, India Grid Trust, M&M Financial Services, Automotive Stampings & Assemblies, Agro Tech Foods, Benares Hotels, Hexaware Technologies, Meera Industries, Muthoot Capital Services, Shriram City Union Finance, Syngene International, Tata Elxsi
IPO: Neogen Chemicals IPO opens

ACC Q1: Profit jumps 38.3 percent to Rs 346 crore versus Rs 250.1 crore, revenue rises 8.1 percent to Rs 3,919.1 crore versus Rs 3,624.6 crore YoY.
Tata Global Beverage Q4: Profit falls 61.5 percent to Rs 22.9 crore versus Rs 59.4 crore, revenue rises 5.2 percent to Rs 1,775.5 crore versus Rs 1,688.4 crore YoY.
The board recommended a final dividend of Rs 2.50 per equity share for the financial year 2018-19
Tata Global Beverages has entered into a non-binding term sheet to acquire the branded tea business of Dhunseri Tea & Industries, for an aggregate consideration of up to Rs 101 crore
Coromandel International Q4: Profit rises 23.2 percent to Rs 110.4 crore versus Rs 89.6 crore; revenue increases 9.4 percent to Rs 2,638.3 crore versus Rs 2,411.8 crore YoY.
Sterlite Technologies Q4: Profit jumps 10.6 percent to Rs 163.2 crore versus Rs 147.6 crore; revenue surges 34.2 percent to Rs 1,791.2 crore versus Rs 1,334.8 crore QoQ.
Sasken Technologies Q4: Profit rises to Rs 27.45 crore versus Rs 18.07 crore; revenue increases to Rs 135.54 crore versus Rs 121.41 crore QoQ.
Board has unanimously approved the proposal to buy-back up to 19,98,678 equity shares of the company at a price not exceeding Rs 850 per share payable in cash for a total consideration up to Rs 169.88 crore. Company recommended a dividend of Rs 12.50 per share of Rs 10 each for the year 2018-19.
USFDA classifies the inspection of Lupin's Pithampur (Indore) Unit-2 facility as Official Action Indicated (OAI)
Tata Power's subsidiary Tata Power Renewable Energy (TPREL) has signed a binding agreement to sell its 32 MW operating wind assets in Maharashtra
Piramal Enterprises: ICRA reaffirmed the credit rating of A1+ assigned to commercial papers / short term borrowings of the company. Further, it has reaffirmed the credit ratings of AA to Long Term borrowings of the company and revised the outlook from stable to negative.
IndusInd Bank: NCLT approves IndusInd Bank & Bharat Financial Inclusion merger
Dilip Buildcon's subsidiary received the appointed date i.e. April 22, 2019 by the NHAI for a project
Tiger Logistics (India): Company bagged another government project of Chittaranjan Locomotive Works (Indian Railways).
HDFC gets final approval from Reserve Bank of India to acquire shareholding of 9.9% or less of paid up voting equity capital of Bandhan Bank upon effective date of the scheme of amalgamation of GRUH Finance into and with Bandhan
McNally Bharat Engineering Company: Virendra Kumar Verma, Independent Director of the company, has tendered his resignation.
Majesco signed an agreement with Foresters Friendly Society to deliver full, end-to-end policy lifecycle support for their digital strategy
Future Retail has received initial warrant subscription price amount of Rs 500 crore equivalent to 25% of the warrant issue price
Embassy Office Parks REIT: Debenture Committee approved the issue of rupee denominated, listed, rated, secured, redeemable, non-convertible debentures by the Embassy Office Parks REIT on a private placement basis for an aggregate amount of Rs 3,650 crore split into two tranches i.e. Tranche A (Rs 3,000 crore) and Tranche B (Rs 650 crore).
Bharat Bijlee: ICRA upgraded short term rating on company's bank facilities to A1+ from A1 and long term rating to LA+ (Stable) from LA (Stable).
NBCC secured an order with an approximate cost of USD 44 Million with PMC fees of USD 18,07,256 for all the three lots
Maruti Suzuki launches New Alto
SML Isuzu launching two new Vehicles - Sartaj 5252 XM (CNG) Truck and Ambulance
For Stock Recommendation  Contact Us-9109911538

Comments

Post a Comment

Popular posts from this blog

Technical picks- Top 15 stocks that experts are betting on for 14-70% returns in FY20

-
Technical picks: 15 stocks that experts are betting on for 14-70% returns in FY20, If the momentum continues, the index is all set to climb Mount 12K and hit a target around 12,400-12,700 in the next 12 months, according to experts. Nifty50 has rallied about 13 percent so far in FY19 and if experts are to be believed, it is on track to hit fresh record highs in FY20. The optimism in market lately has been on the back of hopes of a stable government post elections, strong buying by foreign investors, rate cut by Reserve Bank of India and stability in rupee-dollar pair. Historically, we have seen a decent rally in the market before and after the general elections. This year also, Nifty has formed a new base in the 10,600 – 11,000 zone and has been witnessing pre-election rally in the last few weeks. If the momentum in market continues, Nifty could touch 12,000 and hit a target around 12,400-12,700 in the next 12 months, according to experts. “If we go by the principle of ‘
Read more

What is a Trading Plan?

-
Image
How many times have you had a position to go against you? You planned the trade correctly, but soon after you bought your initial position, you discovered that the price you paid was higher than what it was now worth. The first trade was a loser compared to the market price. What could you do with this losing trade? You could sell it out and look to buy something else, or you could buy a few more shares or contracts at the new lower price. Which is the better solution to your dilemma? In most cases, Most people, however, would buy more at lower prices. They would average their losses on the way down if they are buying, or average their losses on the way up if they are shorting. There's an old saying that if it looked good at a higher price, it looks a lot better at a bargain price. Traders determine whether they will average or not by looking at what they are trading: stocks,  options , or futures. Let's look at each of these trading vehicles in terms of averaging
Read more
-
Image
Cash market is a marketplace where the immediate settlement of commodities takes place in this market between the purchaser and the seller. This is also known as spot market cash market transactions take place over the counter or in a regulated exchange in contrast transactions take place exclusively on exchange. The price of the cash market is usually less than the futures market this market has two day delivery period due to the time duration to move cash from one place to another. In this market most speculative retail trading is done as spot transactions are on an online platform in this market the moral context speculation is considered negatively. Then there is also a part of this market known as the energy spot market where surplus energy producers instantly spot purchasers or buyers for energy and negotiate prices within milliseconds and deliver the energy. In this market, securities are traded in a possibly changing current market place. Cash market is differen
Read more