MORNING NEWS HEADLINES
  • posted by IMV |
  • 11/11/2019

MONEYCONTROL • Aditya Birla Capital Q2: Net profit up 37 percent at Rs 256 crore versus Rs 186 crore, revenue up 8 percent at Rs 4,299 crore versus Rs 3,978 crore, YoY. • Lupin receives USFDA approval for  Zileuton Extended-release tablets. • IDBI Bank Q2: Net loss at Rs 3,458.8 crore versus loss of Rs 3,602.5, NII up 25.4 percent at Rs 1,631.4 crore versus Rs 1,301 crore, YoY. • Ashok Leyland Q2:...

Morning News Headlines
  • posted by IMV |
  • 08/11/2019

MONEYCONTROL • Mindtree - Pradip Kumar Menon resigns as CFO of the company. • Sudarshan Chemical Industries incorporates a wholly-owned subsidiary Sudarshan Japan K.K. in Japan. • Raymond: Company demerged core lifestyle business to be listed as separate entity. Board approved issuing 33.4 lakh shares worth Rs 225 crore to the promoter via preferential allotment. • Wockhardt Q2: Consolidated net loss at Rs 94.2...

Morning News Headlines
  • posted by IMV |
  • 07/11/2019

MONEYCONTROL • Emami Q2: Consolidated net profit up 16.4% at Rs 96 crore versus Rs 82.4 crore, revenue was up 5.1% at Rs 660.1 crore against Rs 628.2 crore, YoY • JB Chemical board to consider share buyback on November 12 • Yes Bank: Moody's placed bank's ratings under review for downgrade. • Tata Steel: Q2 consolidated profit rises 6 percent to Rs 3,302.3 crore versus Rs 3,116 crore, revenue dips 15.4 percent to Rs...

MORNING NEWS HEADLINE
  • posted by IMV |
  • 05/11/2019

MONEYCONTROL • NOCIL Q2: Consolidated net profit up 3.9% at Rs 54.9 crore versus Rs 52.9 crore, revenue down 22.9% at Rs 209.7 crore versus Rs 272 crore, YoY • Persistent Systems Q2: Consolidated net profit up 4.4% at Rs 86.1 crore versus Rs 82.5 crore, rupee revenue at up 6.3% at Rs 884.6 crore versus Rs 832.1 crore, QoQ • Intellect Design Q2: Consolidated net loss at Rs 17.1 crore against profit of Rs 3.4 crore,...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 04/11/2019

MONEYCONTROL • Alkem Lab - USFDA issues establishment inspection report (EIR) for the company's manufacturing facility located at Daman and Baddi. • Eicher Motors - Total Royal Enfield sales at 71,964 versus 70,451 units, YoY. • Tata Motors: Total sales down 34 percent at 41,354 vehicles compared to 62,264 units, total domestic sales down 32 percent  at 39,152 units versus 57,710 units, YoY. • V-Mart Q2:...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 01/11/2019

MONEYCONTROL • Jindal Saw Q2: Net profit at Rs 301 crore versus Rs 97.18 crore, revenue down 9.4% at Rs 2,681.6 crore versus Rs 2,960.1 crore, YoY. • HCL Technologies launches a dedicated Google Cloud Business Unit to accelerate enterprise cloud adoption. • TVS Motor and Bajaj Auto amicably settle a decade-old patent dispute. • Ahluwalia Contracts gets new project worth of Rs 521.71 crore. • Aarti Drugs...

MORNING NEWS HEADLINE
  • posted by IMV |
  • 31/10/2019

MONEYCONTROL • Bharti Airtel: Fitch placed Bharti Airtel on Rating Watch Negative on Supreme Court ruling. • TVS Motor: Company partnered with Cadisa in Guatemala, El Salvador to open flagship TVS outlets. • Sonata Software: Q2 Profit rises 7.8 percent to Rs 72.2 crore versus Rs 67 crore, revenue dips 19.6 percent to Rs 703.1 crore versus Rs 874.6 crore QoQ. • HDFC acquires 9.89% stake in Bandhan Bank. •...

DHANTERAS TOP PICK
  • posted by IMV |
  • 25/10/2019

MOIL CMP 142 - 144 VIEW POSITIVE STRATEGY BUY AROUND 144 STOPLOSS 134 TARGET 154-162 TECHNICAL EXPLANATION Stock rebound from its bottom of 118 level on chart after a two-year downfall move and trading on Higher Lows bullish pattern. Currently, the price has been consolidating and formed "Pennant" with a range of 138 on the downside and 145 on the upside with bullish RSI which indicates an upside move...

Morning News Headlines
  • posted by IMV |
  • 24/10/2019

MONEYCONTROL • Hexaware Q3: Consolidated net profit up 21.4% at Rs 183.7 crore versus Rs 151.3 crore, rupee revenue up 13.2% at Rs 1,481.3 crore versus Rs 1,308.3 crore, QoQ. • HCL Tech Q2: Net profit up 19.4% at Rs 2,651 crore against Rs 2,220 crore, rupee revenue up 6.7% at Rs 17,528 crore versus Rs 16,425 crore, QoQ. • L&T Q2: Net profit up 13.3% at Rs 2,527 crore versus Rs 2,230.5 crore, revenue at Rs 35,328.4 crore...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 23/10/2019

MONEYCONTROL • Axis Bank Q2: Net loss at Rs 112.1 crore versus profit at Rs 789.6 crore, NII up 16.6 percent to Rs 6,102 crore versus Rs 5,232.1 crore YoY. • Bajaj Consumer: IDBI Trust sold entire stake (23.68 percent equity) in the company from October 18-22. • Infosys: Rosen Law firm announced the filing of securities claims against the company. • Ceat Q2: Net profit down 12.5% at Rs 65.9 crore versus Rs 75.3...