SHORT TERM Stock market CALLS FINTECH-STC-AXIS BK-TATAMOTORS- BUY THIS STOCK FOR A MONTH

http://googlestockmarket.blogspot.com/

FIN TECH BUY@1264 – TGT 1300/1350/1400 SL.1250,

STC BUY ONLY ABOVE 416 TGT425/430 SL.410

AXIS BK AUG FUT BUY@1300-1295, TGT 1340 SL 1280.

TATAMOTORS FUT @1008 TGT1016-1023-1029 SL 994

3:23 AM | 0 comments | Read More

Google Stock Market Outlook

http://googlestockmarket.blogspot.com/

Hi,

Market Technicals for the next 5 Trading Days
Indian Markets Technicals

We expect Nifty & Sensex to touch 5490 & 18322 above 5426 & 18067. If the markets moves below 5426 & 18067 levels, then it will try to touch 5362 & 17811 levels.

Economy

We expect the price of Ginger to rise by 43-45% annually for next 4-5 years. We also expect the price of Peas Green to rise by 13-15% annually for next 4-5 years.

Derivatives Calls
Futures (Weekly)

Sell Nifty August’10 at current levels with a target of 55426.00 & with a stoploss above 5468.00.
Sell BankNifty August’10 at current levels with a target of 10231.00 & with a stoploss above 10462.00.

Very Long Term Delivery Calls (1-2 Years)
We strongly recommend a buy on TVS Motor Co. Ltd. at current levels with a long-term target of 350.00.
We strongly recommend a buy on UCO Bank at current levels with a long-term target of 221.00.

Long Term Delivery Calls (4-6 Months)
We strongly recommend a buy on Super Crop Safe at current levels with a long-term target of 16.00.
We strongly recommend a buy on Automotive Axles Ltd. at current levels with a long-term target of 626.00.

Medium Term Delivery Calls (3-4 Months)
We strongly recommend a buy on BASF India Ltd. at current levels with a medium-term target of 605.00 & with a stoploss below 422.00.
We strongly recommend a buy on Bata India Ltd. at current levels with a medium-term target of 390.00 & with a stoploss below 238.00.

Short Term Delivery Calls (1-2 Months)
Buy Bayer Cropscience Ltd. at current levels with a short-term target of 1062.00 & with a stoploss below 867.00.
Buy BEML Ltd. at current levels with a short-term target of 1090.00 & with a stoploss below 1017.00.

Very Short Term Delivery Calls (5-10 Days)
Buy IndusInd Bank Ltd. at current levels with a very short-term target of 222.00 & with a stoploss below 208.00.
Buy Indl. Devp. Bank of India at current levels with a very short-term target of 127.00 & with a stoploss below 120.00.
Buy Infosys Tech. Ltd. at current levels with a very short-term target of 3003.00 & with a stoploss below 2828.00.
Sell Infra. Devp. Finance Co. Ltd. at current levels with a very short-term target of 174.00 & with a stoploss above 188.00.

11:03 AM | 0 comments | Read More

Google Pre-Market longterm, shorterm and intraday calls

http://googlestockmarket.blogspot.com/

For Gap up opening Short TCS @ 841 cover 830 sl 849 cmp 838,For gap Down Buy Tata steel @ 544 trgt 554 sl 537 cmp 547

For longs Buy GAIL @ 446 trgt 457 sl 439
For Shorts sell Voltas @ 210 cover 203 sl 214

Midcap mania buy Zigma soft. @ 6.90
For short term Buy Karuturi global @ 21.40
For Medium term buy Jai corp. @ 252.70
For long term Buy IRB Infra. @ 287.80

Buy Call option of Lanco infra. of Aug. series of sp 70 @
1.75 with a stop loss of 0.75 and trgt of 4 cmp 67.50
Buy put option of India cements. of Aug. Series of sp 100 @ 2 & trgt of
4 with a stop loss of 1 cmp 105.25

Buy HDFC @ 3012 & sell call option of sp 3100 of Aug. series @ 34.70
Buy call option of Sterlite inds. of Aug. series of sp 175 @ 9.45 & sell call option
of Aug. series of sp 185 @ 4.15

Momentum positional call : Buy ONGC @ 1271 for a period of 5 days stoploss
of 1249 Trgt @ 1299

11:03 AM | 0 comments | Read More

Multibagger penny stock recomendation BSE Vinay Cements Limited

Multibagger penny stock recomendation BSE Vinay Cements Limited

BSE Code: 518051

This is extremely low volume stock

So its advisable for high risk high gain trades.

Since Vol is very low,it means stop losses shouldbe deep enough to eradicate triggering of stop losses by normal market noise.

CMP: Rs 43.85

Promoters hold nearly 75 percent stake .
Group / Index : B
Face value : 10.00
Industry : Cement & Cement Products

Net loss in Sep 2008 was 30 lakhs
net loss for 12 months ended march 2009 was Rs4 crores
june 2009 profit was Rs 67 lakhs!!!
in sept 2009 net profit was 44 lakhs
So this company is a turnaround story

Sl : Rs 37
Target : Rs 80

11:40 AM | 0 comments | Read More

Multibagger midacap Small cap stocks Recomendations Empee Distillers limited on Basis of Fundamental and technical analysis

Multibagger midacap Small cap stocks Recomendations Empee Distillers limited on Basis of Fundamental and technical analysis

Empee Distilleries Limited

NSE Code: EDL

BSE Code: 532920

CMP: 129.55

Fundamental analysis

EPS For last 12 months: Rs 11.04

PE : 11.73

promoters hold nearly 72 % shares

Technical analysis

Verdict:Buy at CMP

Target Rs 170

Sl:Rs 115

11:37 AM | 0 comments | Read More

Stock pics: Bayer CropScience Ltd

Company Background:
Bayer CropScience Ltd (BCS) is a cropscience company having crop protection production facilities at Himatnagar and Ankleshwar (both in Gujarat) where it manufactures a variety of agrochemical like fungicides, insecticides and herbicides. It had a plant at Thane, which has been shut down and the facilities have been moved to the Ankleshwar plant. The Himatnagar plant also caters to export related agrochemicals required by its Asia-Pacific and European group companies. Post the acquisition of Aventis Cropscience Limited worldwide in 2001, BCS has become the leader in the Crop Protection business in India. BCS is a 71% subsidiary of the Euro 35bn Bayer AG, Group, which is a world leader in Agrichemicals. BCS is a leader in the Indian crop protection Sector with a market share of 17%. Other large shareholders include LIC, Birla Sun Life Insurance Company Ltd and Bajaj Aliianz Life Insurance Company Ltd, which hold 3.67%, 2.51% and 2.48% respectively in BCS. Bayer AG acquired Aventis CropScience globally in 2001 and became a global leader in crop protection, pest control, seeds and plant biotechnology. With a sizeable existence in 122 countries and 22,000 dedicated employees, BCS remains a large
global player.
BCS is divided into 3 business groups: Crop Protection, Environmental Science and BioScience. BCS as a global innovator and market leader in its industry believes that its technological and commercial expertise entails a duty to contribute to Sustainable Development.
Business:
Crop protection:
This segment ensures a secure yield by giving protection from seed planting through to harvest. During its life cycle a crop will encounter many enemies that can even destroy an entire harvest: pests, weeds, fungi. Researchers in Crop Protection are committed to preventing this damage. BCS’s goal in this business is to secure harvests for farmers without creating a burden on the environment.
Environmental Science and Professional Pest Control: The Bayer Environmental Science (BES) is a pioneer in the field of public health, being a major contributor in this segment since several years. The business areas covered by BES, are diverse in order to address the specific needs of the customers, covering three major segments: Vector Control, Professional Pest Control and Green Industry.

The commitment of BES is to consistently deliver high quality research products for the control of insect pests of public health. Such products include pesticides to manage malaria vectors, cockroaches, rodents, termites, stred grain pests, houseflies and other pests in general.
BioScience: BioScience is a part of BCS, and is a global player in research, development and marketing of high quality seeds and innovative plant-based solutions derived from modern breeding and plant biotechnology. BioScience offers an integrated portfolio of high quality seeds, trait technologies and high performance crop protection products.

BioScience activities are focused on three areas: Vegetable Seeds, Agricultural Seeds and Research activities into novel plant-based solutions for agriculture, nutrition, health and biomaterials. Bayer Bioscience, headquartered in Hyderabad India has about 400 employees, and has research, production and an extensive sales network spread across the country.
Seed Production, Conditioning and Distribution Bayer BioScience has established seed production centers in four states – Andhra Pradesh, Karnataka, Tamil Nadu and Haryana and plans to develop production centers in other states as well. It has four seed conditioning plants (one at Toopran, two at Medchal and another at Tolichowki) in Hyderabad. Its warehouses are located throughout the country, including central warehouse at Toopran with 10,000 mt capacity. It has a well-established network of distributors across the country that enables timely reach of seeds to farmers in remote areas. Seeds constituted 14.4% of sales in FY09 (Rs.213.1 cr) vs. 14.1% in FY08 (Rs.175.9 cr).
Investment Rationale
Leader in Indian pesticides markets: BCS is a market leader in the Indian Agrichemical Sector with a market share of 17%. Going ahead, there exists huge opportunity for BCS to grow its domestic business considering that penetration of pesticides in the Indian market is low compared to its Asian and Global peers. India produces approximately 16% of the world's total food grain, but utilises a mere 2% of pesticides. There exists under usage of agrichemicals by the Indian farmers and untapped opportunity available to the agrochemical companies. To maintain its leadership position, BCS is continuously strengthening its capacity to provide products and combined solutions for the production of good quality food, feed, fibre and energy plants. New innovative products – major driver of growth: BCS's growth has been driven by its ability to introduce new products at minimal R&D costs on account of having access to global parent's strong product portfolio. Bayer AG has a strong R&D base. BCS has been introducing 3-5 products every year, and the management has indicated that this trend would continue going forward as well. BCS spent Rs.13.8 cr on R&D FY09 (0.99% of sales).
Striving all the time for providing innovative and effective solutions to the farmers’ pest problems, BCS has evaluated 42 new molecules and mixtures for use in various agricultural and horticultural crops and pest segments in the changing and dynamic scenario, post introduction of Genetically Modified Bt-Cotton in the country. BCS continued its initiatives in contract farming vigorously in crops like cotton, fresh fruits and vegetables and provided the required guidance and inputs to farmers for plant protection and efficient crop management towards enhancing productivity and tapping the huge export potential.
Maintaining the Bayer tradition in Research & Development, in 2008, BCS secured registrations and launched Fenamidone + Mancozeb 50 WP (Sectin 60 WP) – a broad-spectrum fungicide for use in Grape and Potato. During the year 2008, it has also obtained approvals for various herbicides exclusively for Export to other countries viz. Aclonifen Technical, Fentrazamide Technical and Fentrazamide 6.75 + Propanil 37.5 WP (Lecspro 44.25 WP). In FY10 BCS has indicated the likely launches of globally renowned speciality acaricide Oberon 240 SC, to control mites affecting tea, chilli, brinjal and apple etc., Fipronil 80 WG (Jump 80 WG), an insecticide for use in ice; Imidacloprid 350 SC (Confidor Super), an insecticide for control of sucking pests in rice; Melody Duo 66.75 WP, a fungicide for use in grape and potato.
Pursuing its philosophy of offering new and better cost-effective solutions to farmers to manage insect pests, diseases and weed menace in various crops, BCS is evaluating a number of molecules for use in a variety of key crops. Launch of some of its products in small packs to cater the needs of niche customers, promoting Health & Hygiene on ready to use formulation/packs is also being planned. Going ahead, the company is likely to include fruits and vegetables (horticulture crops) too.
Bayer AG is accelerating the extension of its biotech and seed business. Following a record year in 2008, the company is continuing its strategy of expansion, aiming systematically to expand its fast-growing business in seed and plant traits in the coming years. The intention is to more than triple sales in the BioScience segment to around EUR 1.4 billion by 2018. In this context the company is planning to invest some EUR 3.5 billion in research and infrastructure for its biotech and seed business between now and 2018. Bayer CropScience internationally is currently investing the equivalent of roughly 27 percent of sales in the development of new BioScience products – a figure that puts it among the leaders in the industry in terms of research intensity. Almost 1,000 BioScience researchers and breeders are working on over 50 projects. Innovation and R&D – key focus areas for BCS: In order to meet the challenges of food production and optimise use of agricultural resources against the background of a continuously growing world population, intensive agricultural research is needed. BCS’s strong focus on innovation and substantial investments in Research & Development enables it to contribute significantly to global food safety and resolution of the aforesaid critical challenges.
The innovation focus will also help the Company to further gain the competitive advantage in a stringent product patent regime, which is rapidly taking shape in India. Moreover, due to the R&D focus on environmentally safe products, the Company remains well prepared to stay ahead of the competition amidst the constantly strengthening safety and residue standards. BCS has launched several such products recently in the new chemistry segment and also has a strong pipeline, which goes beyond the regulatory requirements of safety and residue levels.
BCS and GVK Biosciences Private, Hyderabad, India, have entered into a research cooperation in the area of early discovery chemistry. The objective is to speed up the search for promising active ingredients for innovative crop protection products. Under the agreement, BCS will integrate GVK BIO capacities in the early part of its Discovery chemistry process. BCS wishes to further speed up the development of its successful crop protection R&D pipeline and look forward to working with GVK BIO, Asia’s leading contract research organization. GVK Biosciences has built world-class capabilities in early Discovery Chemistry.
BES division poised for growth: The Environmental Science division has been maintaining its leading position as the market leader in the segments of public health and professional pest control. BCS continues to sponsor major symposia and seminars to promote general awareness, product knowledge and international trends in vector borne diseases management. Several techno commercial training programmes on safe use and handling of products were conducted in FY09. Bayer keeps a stringet eye on Quality Assurance, elevates the level of technological competence, and assures technical service to customers through long lasting partnerships. BES regularly provides technical support and training to the customers and thus greatly contributes in providing a pest free and disease free living.
The importance given to the public health is clear from the fact that in the Union Budget for FY10, the Govt has provided for Rs.497 crore for Central Government Health Scheme, Rs.663.53 crore for allopathic hospitals and dispensaries, Rs.1176.42 crore for medical education, training and research and Rs.225.32 crore for Public Health Schemes and Indian Council of Medical Research (Rs.184 crore). Provision of Rs. 196.69 crore has been made to upgrade Primary Health Centre, Community Health Centres and Sub-Cenrtres.
In India, urban malaria has emerged as major public health problem in many small, medium and metropolitan cities. Essentially a man made problem, urban malaria is the outcome of rapid and haphazard expansion of the cities, inadequate piped water supply, storage of water in cisterns, disuse or scarce use of wells, developmental activities, aggregation of migrant labour force and over all population movement. The developmental pace often outstrips mitigating measures undertaken by the municipal and health authorities. Under this division, the growing awareness on vector borne diseases in the Public and Government Agencies is an opportunity. Resistance to synthetic pyrethroids by mosquitoes is an opportunity to BCS to launch Bendiocarb 80% WP, a carbamate insecticide, as resistance management tool. In the space spray market, BCS is planning to launch a state of art product “Aqua K-Othrine” which will provide a solution for need of a greener product in the market.
This segment is flooded with cheap generics, which eat into market share. However, BCS has tied up with Pest Control India Ltd and Godrej HiCare.

Exports to garner higher revenues: BCS’s exports registered a CAGR of 24.4% during CY05-FY09, while its contribution to the company's total sales was in the range of 11-16%. Of the company's total export revenues, 80% of sales were to the Bayer AG group companies, indicating high outsourcing by these group companies from BCS.
Going ahead, BCS’s exports would be driven by the increase in outsourcing by the various Bayer group companies due to the cost advantage, regulatory leeway and quality offered by BCS. Globally, Bayer AG has a revenue base of Euro 4 bn from crop protection sales. BCS could benefit from outsourcing done by Bayer AG.
(Source: Company Annual Report)
Land Bank - Hidden Value:
BCS has an idle land bank at Thane, where it has closed one of its plant and extended a VRS scheme to its employees there (it has written off Rs.30.5 cr towards VRS expenses in FY08). As per reports, it has around 132 acres having a market value on conservative basis of approximately Rs.8 cr per acre, totalling a land value of around Rs.1056 cr (per share value of Rs.267.3). The management plans to sell this land at appropriate valuations. BCS and Lanxess India Private Limited (LIPL) had entered into a Memorandum of Understanding (MOU) dated November 18, 2004 wherein the economic interest in identified land and building at Thane was transferred to LIPL effective July 01, 2004 but the transfer of ownership was not effected pending approval from the Collector of Thane. Pursuant to the Exit Agreement dated February 28, 2008 between BCS and LIPL, which replaced the earlier MOU, LIPL has exited the aforesaid land and building in a phased manner by 2009 and accordingly, BCS has agreed to pay in a phased manner rupees equivalent to Euro 160 lacs, to LIPL. Out of the aforesaid amount payable, BCS has already paid Rs.2,384 lacs equivalent to Euro 40 lacs in February 2008.
Improving profitability:
BCS has posted a strong 27.3% CAGR in sales to Rs.1,394 cr over CY05-FY09 on the back of new product launches. New products in the last recent years have been contributing ~23% to the total sales. During CY06-FY08, EBITDA Margins fell from 13.1% to 7.7% due to high raw material prices and staff cost. However, with a fall in commodity prices, this trend has reversed and EBIDTA margins improved to 11.9% in FY09. With debt equity ratio improving over the years from 0.42 in CY05 to 0.08 in FY09 it is likely that BCS would soon become a debt free company. Also the RoCE has improved drastically from 22.3% in CY05 to 35.1% in FY09.
Capex plans:
BCS believes that in the medium to long term, GM rice technologies could attribute significantly to increasing rice productivity. Hence, it has taken up Rs.43 cr capex plan in FY10 and also intends to launch two to three products, including BT rice. It is also working on bio-research technology as well. BT rice is a variant that has been modified by means of biotechnology with genes from Bacillus thuringiensis (Bt) to produce toxins for resistance to insects. BCS will continue to launch a minimum of two to three products in the market every year and going forward this will also reduce their monsoon dependency as well. It will continue to concentrate on development of stress resistant products like monsoon resistant, insect resistant, etc., to reduce the effect of unforeseen factors on BCS's products range. New tie-ups and orders to drive growth: BCS has tied up with rural retail operators like Haryali Kissan Bazaar, Tata Chemicals, ITC, Freshfields, Pest Control of India and Godrej in its bid to further augment its sales. Commendably, BCS has bagged an order worth Rs.13.7 cr from these companies to cater to their rural markets. BCS also does packing and supplies active ingredients in Jammu & Kashmir for achieving tax efficiencies. It also buys finished seeds, as it does not have the production facility for seeds. These new initiatives by BCS could help its growth trajectory.
Q2FY10 Performance:
BCS’s net sales increased by 15.9% y-o-y to Rs.482.2 cr in Q2FY10. The growth in sales was despite the fact that the Indian agriculture witnessed one of the worst droughts in its history. Q2FY10 was one of the worst quarters for the agrichem industry, which suffered from a poor monsoon and the price-erosion of products. Against this backdrop, BCS’s operating profit stood at Rs.88.2 cr, a growth of 10.7% y-o-y. The OPM for the quarter stood at 18.3%, compared to 19.2% in Q2FY09. The high cost of purchased goods was the key reason behind the decline in the OPM. Other income witnessed a drop of 24.9% to Rs.5.9 cr, while the interest outgo increased by 32.3% to Rs.3.7 cr y-o-y in Q2FY10. The PAT for BCS increased by 10.8% y-o-y to
Rs.56.6 cr. However, the adjusted PAT grew by only 4.6%, as it had to provide for an exceptional item worth Rs.3.2 cr related to VRS. It earned EPS of Rs.13.5 in Q2FY10. Quarter 1 and 2 are typically the best quarters historically for BCS based on the cropping seasons in India.

Risks and concerns:
§ The entry of generics in public health segment, slowing down of global economy, availability of funds for health segment, tolerances of some pests to insecticides are some of the risks and threats seen in the Environmental Science business. § BCS has ~13-14% revenues coming from exports and any adverse forex fluctuation could affect its earnings. § Agrochemicals are the last input in any agricultural operation and protect the final output i.e. crop. In case of India, most of
the agricultural production is rain fed and hence highly dependent on monsoon. Hence, vagaries in season could affect the demand for agrochemicals and in turn impact our estimates. § BCS faces sales returns regularly. Any unusually large sales return could adversely impact sales and margins. § Market need and acceptance of new technologies by farming community is essential before commercial launch of new products. § Any inordinate delay in sale of land at Thane could result in dampening of the interest in the stock.
Conclusion
The conditions of the crop protection market have been quite favorable in the recent years. Good commodity prices, increasing demand for vegetables, labour shortage and government focus on food security have supported the market growth. Farmer’s positive mind-set to invest in profitable crops and low overall channel inventories has further added to the positive sentiments. BCS has guided for double-digit growth in FY10, provided that prices remain stable. It also expects Bt Rice to be a significant contributor to its revenue, going ahead. BCS has 42 molecules under testing for launch; the company has been launching 2-3 new products every year and expect the same trend to continue in the future. We expect new product launches to be a key driver for BCS’s domestic business. BCS has its export revenues from Bayer AG Group companies and these are set to increase given the cost advantage and quality offered by BCS. with the ushering in of WTO and implementation of patent regime, BCS is planning to introduce some excellent high technology products in crop protection and environment science divisions. BCS reported Q2FY10 results better than the street’s expectations and compared to its peers despite poor monsoon. Overall, the monsoon has been below normal in India (21% deficient). However, late rainfall (in early October) has helped the country increase its water reservoir level, and brought it at the long-term average. Due to this, the Rabi season could see good sowing, as farmers who lost their crops in the Kharif season would like to take advantage of the elongated season. Based on quick estimates, though the stock is currently not cheap (compared to smaller local peers) at 17.2x FY10(E) EPS and 14.4x FY11(E) EPS, the increased spending on agriculture, continued introductions of innovative products by BCS and possibility of land sale at Thane could keep interest alive in the stock. We feel that the stock could be bought at the current levels in a small way and added aggressively on falls in the Rs.449-490 band for a target of Rs.649-688 (17-18x FY11(E) EPS) over 1-2 quarters. We have not assigned any separate value for the land sale at this point.

9:56 AM | 1 comments | Read More

Buzzing Stocks

Renaissance Jewellery locked at 20% upper circuit

At 15:10 pm, Renaissance Jewellery was quoting at Rs 54.45, up Rs 9.05, or 19.93%. There were pending buy orders of 43,207 shares, with no sellers available.

Infosys Technologies touches 52week high

Infosys Technologies has touched a 52 week high of Rs 2,447. At 15:04 pm the share was quoting at Rs 2,426.05, up Rs 16.60, or 0.69%.

TV Today Network puts on a good show

TV Today Network touched an intraday high of Rs 114.40 and an intraday low of Rs 103.90. At 3:02 pm, the share was quoting at Rs 113.60, up Rs 11.85, or 11.65%. It was trading with volumes of 341,519 shares.

Syndicate Bank up on buying interest

Syndicate Bank touched an intraday high of Rs 93 and an intraday low of Rs 87.10. At 3 pm, the share was quoting at Rs 92.90, up Rs 4, or 4.50%. It was trading with volumes of 1,103,659 shares. Yesterday the share closed down 2.31% or Rs 2.10 at Rs 88.90.

K Sera Sera Productions slips over 9%

At 14:42 pm, K Sera Sera was quoting at Rs 14.40, down Rs 1.45, or 9.15%. It has touched an intraday high of Rs 16.10 and an intraday low of Rs 14.30.

Govt may look to merge Dena Bk with Canara Bk

At 14:35 pm, Dena Bank was quoting at Rs 75.85, up Rs 3.75, or 5.20%. It has has touched an intraday high of Rs 76.60 and an intraday low of Rs 71.80. According to sources, government may look to merge Dena Bank with Canara Bank.

Vishal Retail shoots up 16%

At 14:30 pm, Vishal Retail was quoting at Rs 74.25, up Rs 10.00, or 15.56%. It has touched an intraday high of Rs 75.50 and an intraday low of Rs 64.70.

ACC top gainer on the Sensex

At 2:18 pm, ACC was the top gainer on the Sensex. It touched an intraday high of Rs 758.40 and an intraday low of Rs 728. At 2:18 pm, the share was quoting at Rs 755.05, up Rs 21.95, or 2.99%.

Gammon Infra bags order worth Rs 850 cr from NHAI

Gammon Infra bags order worth Rs 850 cr from NHAI. At 13:23 pm, the stock was quoting at Rs 19.90, up Rs 1.40, or 7.57%.

Edelweiss Cap forms life insurance JV with Japanese co

Edelweiss Capital has formed life insurance JV with Japan’s Tokio Marine, reports CNBCTV18. It touched an intraday high of Rs 494.40 and an intraday low of Rs 482. At 11:21 am, the share was quoting at Rs 485.10, up Rs 4, or 0.83%.

Monnet Ispat flares up over 4%

At 11:17 am, Monnet Ispat was quoting at Rs 381.25, up Rs 14.70, or 4.01%. It has touched an intra day high of Rs 392.00 and an intra day low of Rs 366.55.

Havells India hits 52week high, stock up 10%

Havells India has touched a 52 week high of Rs 359.35. At 11:12 am the share was quoting at Rs 352.00, up Rs 32.65, or 10.22%.

NTPC up on JV news

NTPC has formed JV with Power Finance, Power Grid and REC. The JV is for climate change operations, energy conservation, reports CNBCTV18. It touched an intraday high of Rs 215.75 and an intraday low of Rs 213.50. At 11:03 am, the share was quoting at Rs 214.60, up Rs 1.20, or 0.56%.

Pantaloon Retail to raise Rs 400500 crore via QIP issue

Pantaloon Retail to raise Rs 400500 crore via QIP issue. At 10:59 am, the stock was quoting at Rs 334.05, up Rs 4.60, or 1.40%.

Suzlon Energy sells 35.22% stake in Hansen; stk up

Suzlon Energy has sold 35.22% stake in Hansen at 95 pence, reports CNBCTV18. It touched an intraday high of Rs 78 and an intraday low of Rs 74.55. At 10:54 am, the share was quoting at Rs 75.50, up Rs 0.30, or 0.40%.

8:16 AM | 0 comments | Read More

Buzzing Stocks

DLF starts to sell land parcels to raise funds; stk down

DLF has started to sell land parcels across India to raise funds, reports DNA. It touched an intraday high of Rs 364.70 and an intraday low of Rs 356.20. At 10:42 am, the share was quoting at Rs 363.70, down Rs 2.65, or 0.72%.

Unitech among major losers

At 2:38 pm, Unitech was among major losers on the Sensex. It has touched an intraday high of Rs 86.20 and an intraday low of Rs 82.20. The share was quoting at Rs 82.40, down Rs 3.85, or 4.46%.

Sugar stocks down 58%; farmers demand higher cane price

Sugar stocks were seeing huge selling pressure on news of sugar companies yet to begin crushing for the season. There were reports that sugar mill owners have agreed to pay Rs 180 per quintal for sugarcane.

Bajaj Hindusthan tumbles 7% on huge volume

At 2:28 pm, Bajaj Hindusthan was quoting at Rs 209.20, down Rs 14.6, or 6.52%. It has touched an intra day high of Rs 224.70 and an intra day low of Rs 208.80.

JP Associates top loser on the Sensex

At 2:22 pm, Jaiprakash Associates was the top loser on the Sensex. It has touched an intraday high of Rs 236.90 and an intraday low of Rs 227.70. The share was quoting at Rs 228, down Rs 9.45, or 3.98%. It was trading with volumes of 1,828,033 shares. Yesterday the share closed up 1.06% or Rs 2.50 at Rs 237.45.

Triveni Engineering slips on profit booking

Triveni Engineering has slipped today. It touched an intraday high of Rs 110.30 and an intraday low of Rs 100.70. At 2:19 pm, the share was quoting at Rs 102, down Rs 6.6, or 6.08%. It was trading with volumes of 293,745 shares. Yesterday the share closed up 5.08% or Rs 5.25 at Rs 108.60.

KEC International bags Rs 114cr order; stk gains

KEC International has bagged orders worth Rs 114 crore, reports CNBCTV18. It touched an intraday high of Rs 539 and an intraday low of Rs 525.05. At 1:49 pm, the share was quoting at Rs 533.40, up Rs 6.15, or 1.17%.

Gokaldas Export locked at 10% upper circuit

At 12:51 pm, Gokaldas Export was quoting at Rs 161.15, up Rs 14.65, or 10%. There were pending buy orders of 16,997 shares, with no sellers available.

HCL Technologies top losers on the Nifty

At 12:50 pm, HCL Technologies was the top losers on the Nifty. The share was quoting at Rs 330.45, down Rs 9.3, or 2.74%.

Suzlon proposes to sell 35% stake in Hansen; stock up 8%

Suzlon Energy proposes to sell 35% stake in Hansen, report CNBCTV18. At 12:42 pm, the stock was quoting at Rs 79.15, up Rs 5.80, or 7.91%.

Suzlon Energy moves up nearly 4%

At 11:23 am, Suzlon Energy was quoting at Rs 76.25, up Rs 2.90, or 3.95%. REpower US arm gets order for 18.45 MW capacity, reports CNBCTV18, quoting NW18.

JFE Steel to buy 10% stake in JSW Steel for 3050 bn Yen

JSW Steel has touched a 52 week high of Rs 1,007.80. JFE Steel will acquire 10% stake in JSW Steel for 3050 billion Yen, reports CNBCTV18, qouting Agencies.

Great Offshore surges up 5%

At 10:57 am, Great Offshorewas quoting at Rs 546.40, up Rs 27.20, or 5.24%. It has touched an intra day high of Rs 551.50 and an intra day low of Rs 530.10.

Adhunik Metaliks to raise Rs 100200cr via QIP; stk gains

Adhunik Metaliks QIP has open today. They are planning to raise Rs 100200 crore, quoting Sources, reports CNBCTV18. It touched an intraday high of Rs 103.70 and an intraday low of Rs 101.15. At 10:36 am, the share was quoting at Rs 102.50, up Rs 0.85, or 0.84%.

Bombay Rayon approves allotment of 1.9cr GDRs; stk up

Bombay Rayon Fashions board has approved allotment of 1.9 crore GDRs at USD 5.11, reports CNBCTV18. It touched an intraday high of Rs 205.90 and an intraday low of Rs 198.50. At 10:24 am, the share was quoting at Rs 203.20, up Rs 2.30, or 1.14%.

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Buzzing Stocks

Four Soft locked at 20% upper circuit

Four Soft touched an intraday high of Rs 24.70 and an intraday low of Rs 20.60. At closing the share was quoting at Rs 24.70, up Rs 4.10, or 19.90%.

Essar Shipping gains 11.3%

Essar Shipping Ports Logistics touched an intraday high of Rs 72.40 and an intraday low of Rs 62.30. At 3:30 pm, the share was quoting at Rs 70.30, up Rs 7.15, or 11.32%.

IDFC hits 52week high

IDFC has touched a 52 week high of Rs 178.15. At 15:20 pm the share was quoting at Rs 177.20, up Rs 6.65, or 3.90%

Shree Cements to raise $ 20 mn via ECBs; stock up

Shree Cements is going to raise USD 20 million via ECBs by Novemberend, quoting NewsWire18, reports CNBCTV18. It touched an intraday high of Rs 1,724 and an intraday low of Rs 1,706.30. At 2:47 pm, the share was quoting at Rs 1,720, up Rs 13.80, or 0.81%.

BAG Films ups advt rates by upto 20%; stk gains 6.5%

BAG Films and Media has increased advertisement rates by upto 20%, reports CNBCTV18. It touched an intraday high of Rs 18.10 and an intraday low of Rs 16.56. At 1:45 pm, the share was quoting at Rs 17.95, up Rs 1.09, or 6.47%.

BHEL in JV with MP Power Co; stock down

BHEL is in JV with MP Power Co to build 1,600 MW plant, reports CNBCTv18. It touched an intraday high of Rs 2,288.60 and an intraday low of Rs 2,261. At 12:21 pm, the share was quoting at Rs 2,265, down Rs 14.5, or 0.64%.

Exide Industries board approves QIP of 5 cr shares

Exide Industries board has approved qualified institutional placement, QIP of 5 crore shares. At 12:23 pm, Exide Industries share was quoting at Rs 120.95, up Rs 1.55, or 1.30%.

BOC India wins 4 gas supply orders; stock surge

BOC India won four gas supply orders from Photovoltaic makers. At 10:43 am BOC India was quoting at Rs 170.00, up Rs 3.35, or 2.01%.

Tata Motors raises Rs 264 crore in new FD scheme; stk up

Tata Motors has raised Rs 264 crore in new FD scheme, reports Business Standard. It touched an intraday high of Rs 633 and an intraday low of Rs 623.50. At 10:20 am, the share was quoting at Rs 631.85, up Rs 5.35, or 0.85%.

LT sells petroleum dispensing biz for Rs 200cr; stk down

Larsen and Toubro (LT) has sold petroleum dispensing business to USbased Gilbarco for Rs 200 crore, reports CNBCTV18. It touched an intraday high of Rs 1,665 and an intraday low of Rs 1,630. At 09:58 am, the share was quoting at Rs 1,637.85, down Rs 18.35, or 1.11%.

Valecha Engg bags Rs 110cr orders; stk at 52wk high

Valecha Engineering has bagged orders worth Rs 110 crore, reports CNBCTV18. It touched a 52week high of Rs 126.75. At 10:03 am, the share was quoting at Rs 125.50, up Rs 2.80, or 2.28%.

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