Indian railway catering and tourism corporation (IRCTC) got an overwhelming response from investors for its maiden share sale or Initial Public Offering (IPO) with bids up to 70,000 crore against actual 640 crores worth of shares, that is 112 times of the actual offer. This 112 times subscription is the highest bid so far in …
JAS quarter results are going to be announced in the coming weeks a and most of the largecap banks are expected to announce their Sep qtr results this month itself. So here we are just doing a recap of their performance in the last quarter that is AMJ or June Quarter. On a standalone basis, …
NSE Personal Care Stocks macd charts with 6 months time frame. After recent corporate tax cut by Govt of India most personal company stocks rallied with good volumes. These charts ordered based on 52 weeks gains and selected stocks which are only in a positive trend by Macd, Adx or Rsi, Stocks like Colpal, PGHH, …
World markets continue to slide again on 2nd Oct after yesterday’s steep fall due to the worries about a possible recession in US and World. As of 8:20pm IST dow down 1.7% or 452 points, nasdaq down 1.47% and S&P down 1.62%. European markets also trading in deep red with FTSE down 3.11%, Dax down …
India’s car and scooter sales continue to slide despite heavy discount from manufactures to clear the inventory. Top car maker Maruti posted 24.81% dip in sales on yearly basis. Hyundai Motors reported 14.81% dip and Mahindra reported 33.06% drop in its Sep 2019 sales. Passenger Vehicle Sales Numbers Manufacturer Sep 2019 Sep 2018 % Change …
India Auto Sales Overview : Sep 2019 : Cars, Two Wheeler, Commercial Vehicles Read More »
Indian Stock market indices closed in red today with heavy selling in bank stocks. Here is the summary of bank stocks performance today. Only very few managed to sustain without heavy selling like Kotak bank, aubank, hdfc bank, bandhan bank, pnb, cub, psb, karur vysya etc and manged to keep above -2%. Yes bank tanked …
Summary of Engineering stocks last 1 year performance and their respective relative strength index (rsi). Siemens, BEML, Esabindia, Timken, Skfindia, Elgiequip, Thermax, Gmmpfaudlr, Grindwell and Prajind gained more than 20% in last 1 year or 52 weeks period. Currently Siemens, Beml, Esabindia, Timken, Skfindia, Elgiequip, Thermax, Ingerrand, Greavescot, penpebs, Aiaeng, jaynetcoind, ksb, ircon, wendt, ace, …
Morepen Laboratories Limited (MOREPENLAB) is New Delhi based Indian pharmaceutical company established in 1984 and went public in 1993. Morepen manufactures and sells Active Pharmaceutical Ingredients (APIs), Diagnostics and Over-the-counter (OTC) drugs. Morepen has 3 manufacturing facilities and its major export markets are US and Europe. Technically Morepen was very week for past few months …
Today GST council meet reduced GST rate for hotel tariffs – a big relief for Indian hospitality industry. Briefing reporters after the GST council meeting, Finance Minister Nirmala Sitharaman announced the new GST rates.. Here is the summary Rooms with tariff Rs 7,500 and above will now be taxed at 18% compared to 28% before. …
GST rate cut for Hotel Tariffs – Stocks to watch for on Monday Read More »
In a major measure to boost economy and come out from the current slump in Indian economy today Indian Finance Minister Nirmala Seetharaman announced a cut in corporate tax to 25.17 including all cess with effect from April 2020. This raised sentiments in Dalal Street and both Indian Stock market Indices – Nifty and Sensex …
Top NSE BSE Gainers after Corporate Tax Cut Today Read More »